Replies to post #9485 on Veltex Corporation (VLXC)

[pual]

I do not disagree with you. All I say is I do not realy know anything other than what I heard from personnal sources and what was written by auditors.

I therefore look at what I think I know but in no way do I infer that we own no part of the Mills or KCA.

Worst case: We only own Veltex USA (audited up to 2003)

Possibility: As you said, we also own KCA (additionnally we still do not know what the recently issued 5,000,000 shares were used for)

Best case: We own Veltex USA, KCA, the Mills and whatever may have been acquired thru the 5,000,000 shares.

Looking at worst case only, and assuming a capitalisation of less than $10,000,000, my point is that it wouldn't take much to justify it in 2005 (less than $1,000,000 profit would be required).

This to me is the conservative base from witch I decided to keep my shares recently and the position from which I can afford to keep speculating that there may be much more than this base.