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pual

10/20/04 11:06 AM

#5238 RE: Rob2004 #5234

IF (big one) my hypothesis is right, I suspect we will not see a credible audit before either Matin admits that we do not hold 100% of Veltex Mills and clear this issue (what do we own ... if anything out there?), or he grows the US operation enough to justify a PPS (capitalization) worth mentionning.

Unless he blows it and goes under, he will have to show his cards one of these days (weeks, months or years).

Till then, every imaginable scenarion is possible.