Replies to post #9035 on Veltex Corporation (VLXC)

[kingnazzikanazzer]

invest, why don't you educate yourself and read the accounting pronouncement. It is true that Bangladesh provides a generous tax incentive to reinvest profits in that country. I believe this is the restriction on the money. However, I also understand that this benefit only exists for 7 years, so I believe the restriction has expired this year or will perhaps expire next. In other words, I don't believe this non-consolidation requirement will continue into the future.

[texastex]

You need an accounting lesson...

un-consolidated statment have nothing to do with control.

All multi-national companies have "seperate management" over differnt divisions.

You all think small time business.... Your ideas of a business date back to the 1960's