Replies to post #6266 on Veltex Corporation (VLXC)

[pual]

If that is what it says and IF we own something generating earnings of $7,000,000 it means that our shares are worth (multiplier of 8 to 10:

($7,000,000/6,67600) X (8 or 10) = $8.40 to $10.50

However, we do not yet know for sure what we own.

[Rawnoc]

I said 6,176,035. Now it is 6,676,035.


Either I'm the world's luckiest guesser and should be playing the lottery or an additional 500,000 shares have been issued in the last week.