Replies to post #6446 on Veltex Corporation (VLXC)

[jhawk75]

I'd like to believe that once the SEC audit is completed for 2003, the company might see a little push upward. And assuming the 2004 audit is completed within 4 months (same time for OTCGrowth to pump it up more) it would see substantial movement upward IF the $7 million net profit is true. Even with more dilution, the stock would still be undervalued.

Luckily for me AITX is doing what I thought VLXC would've. I'm holding out with VLXC until the 2004 audit comes out, or July of 2005, whichever comes first.

[SAMNOTSAMUEL]

Shrotker,

Being optimistic 15% chance going higher than $3.

sam

[pual]

I beleive the PPS will slowly go down, as low as $0.75 if times permit, till serious information becomes available.

If FY2003 audit comes out soon and it does confirm company generated past claims, we may see a spike back up in the $3 - $4 range.

But this will be just that, a spike, and FY2004 audit will be required for us to know what our shares are realy worth ???

As I said earlier, there may very well be a simultaneous release of both audits.

All of that if an audit is effectively being performed.

[qisao]

Yes, simply because nothing has really changed between now and the previous recent peak of $3.90 or so.
It peaks on surges of public awareness (new PR firms) then declines on uncertainty. Look at the chart...