Replies to post #9884 on Veltex Corporation (VLXC)

[mcenulty]

I'll buy all the companies you can sell me at a 3 cap. $1,000,000 worth of net income for $3,000,000 would give me a 33% annual return on my money. If Matin could pull off a deal like that he is either a great buyer or he just bought today's equivalent of a buggy whip company.

To get this company and it's stock on track they need to do some very simple things.

Report quarterly results for the US operations timely.

Report the quarterly results for the other operations timely.

Give honest explanations.

If they are trying to hide anything, come clean, take the heat and move on. It will only be better in the long run.

[SAMNOTSAMUEL]

Growth Value,

I forget the prevailing thinking about that cash balance on 2003 audit mentioned, but off the top of my head it seems unlikely that shares would have increased from 2 million to 7.5 million if that cash had been there.

sam