Replies to post #7132 on Veltex Corporation (VLXC)

[Rob2004]

To quote something I read recently, "Credibility is earned..."

Matin has not gotten there yet.. imho


Go Veltex!

[jhawk75]

My opinion about the new figures:

1. Didn't the company claim net revenue would be close to $7 million? The new statement barely made over $6 million.

2. If Matin did net nearly $7 million, what happened to that other $1 million he was originally claiming?

3. Besides that, IF the numbers are in fact true, and IF the audits can be completed within the next couple months, I think it is safe to say the LONGS will be happy, and the PLAYERS can play along the way up.

4. Until Veltex reports their financials to the SEC, all audits should not be taken at face value. Faced with the possiblilty of the SEC coming down on his company, Matin would be wise to make sure the audited numbers are correct.