Replies to post #5800 on Veltex Corporation (VLXC)

[jhawk75]

How do you figure there are 6 million outstanding shares? Last time I checked, there was still 2 million shares, with 1.3 million in the float. Don't know where you are getting your numbers from.

[Rob2004]

Where did you obtain the share count?

more than $3.00 a share, hmmmmm... let's see,

6,176,035 * 3 = 18,528,105.00 well that is certainly over 7 million

"Veltex Corporation (Pink Sheets: VLXC) expects revenues for 2004 to be over $40 million with net profits of over $7 million..."

So I guess the big questions are;
how much over 40 million?
how much over 7 million?

I have worked for organizations that were able to maintain a 52% profit margin, but that is probably not the case here.
The profit margin should come out in the audit when it is produced.

PS
My shorts were not in a knot, I had a pinching sensation in them and upon inspection I found a bone splinter to be the cause of my discomfort. All is well now. :)