VLXC.PK

[setravis]

Mrs. Pinkie has been moving....

[zibeaster]

setravis-

It looks like you have been looking/trading this stock for about a year. what is your feeling about it? it seems never respond to the value cry.  The other fact is in oct 2005, it had a 9m outstanding shares, it now has 20m outstanding shares. what happened?  they issued shares for aquisitions? Also, do you have any idea what is their legal & professional fee is about? last year it was 2.5m. this year is already 8m.

sorry for the questions, It is my lazy way of DD.

thanks
-zibeaster

[zibeaster]

I will try to answer my questions myself.

It seems the CEO of the company doesn't have a good credibility. I have read their past news releases and CEO makes inconsistent predictions. The financials are not audited and there is no tax listed on the income. So it is not transparent.

If it is true that the CEO used to be a stock trader, it adds more uncertainty to this stock.

There are a few important questions need to be answered.

-zibeaster