Replies to post #325 on Veltex Corporation (VLXC)

[free advise]

kingnazzikanazzer

I think Paul is right, you seem close to the insider of the company. So let me direct my questions to you. What I like to know first is who are the elected board of directors of Veltex Corporation?

I contacted corporate matters office in Utah, I was told that the last elected director was one Mr. Nelson in 1998/99? I was not satisfied with my DD as I wanted to buy a million shares, hoping to recover my 401K investmentlosses since 2000.

Few weeks ago, I called the company and eventualy was lucky enough to talk to a lady (young lady Teresa?)and asked her a bunch of questions. She seems to have no idea what I was talking about and she promised me that someone will get back to me with my answer. I am still waiting. hehehehehehe.

By the way I did talked to an IR guy named Brad that she refered, who claimed to be working with Mr. Metin. What I can tell you'll that this guy Brad was nice but sounded very young and he seem to be more interested in some restricted stocks that Metin gave him in exchange for his help.

Once again I told my old lady to get rid of 500$ interest that she got hooked into with the advise of one her friend in Utah.

FA

[pual]

To be honest, what I want is irrelevant. What I would like to see is what I refered to.

I agree 100% that additional releases by the company would be meaningless if it doesn't offer possibilities to check from other sources that, whatever they do, it is for real...as per available confirmations by third parties (suppliers, customers, analysts, medias, ...).

This being said, I repeat that we most likely will only find out what this is all about, whenever the company issues credibly audited financials and the name of the firm that did it.

My point was that I do not like "excuses" put out every time someone ask for some details. Many valid questions have been raised over the last few months (granted generally by non beleivers) and there is always someone to protect the management in what I consider quite childish excuses (They are busy, I prefer them to grow the business instead of loosing time generating answers, They have more business than they can handle then why get listed ...)

For me this is still a pure speculation and all we have is some great developments announced by a company that barely exist officially. Past releases all lack verifyable details as discussed many times within the last months.

I did contact the company (V.Duff) multiple times and received polite and very kind an appropriate answers every time.

V.Duff is the only person around I was able to check somewhat (her CV is quite detailled on internet).

This being said, the last time I lost my bet (Consygen), there was also a credible player in the scheme (as we say in french cat burnt by hot water once, worries about cold water).

Anyhow, very simply, by April one the latest, we either have all the answers we want or we save whatever we can, assuming there will remain something to save.

Till then, let us hope ...



Roger