Replies to post #978 on Veltex Corporation (VLXC)

[shrotker]

Roger:
Indeed, March 31st was the initial deadline. I always thought that a late February audit was somewhat optimistic. Unless companies are well established with a history of on-time reports I would expect delays.

A milestone, so to speak, that I will be looking for is the issuance of the audit. If the audit, as stated, is for 2001 & 2002 and they wish to become a "fully reporting" company can one assume that they are using the allowed 90 days from the end of the FY to issue what would be a 10K? I suppose that a delay would not constitute a violation as listing would be ex post facto.

I believe that a 10SB is the document required for the OTCBB application. Anyone have a reference for this data? I looked on the OTCBB website, but found the information provided difficult to get through.

Good luck to us all.