sucessfull growth - 500 Beiträge pro Seite

[dochasi]

ich glaube dies hier ist ein guter Einstieg bei Veltex
corporation-einfach mal auf yahoo.com chart und News ansehen
Kürzel VLXC.PK

[Macros]

Warum ist die Aktie so billig? Wenn die Zahlen stimmen müste sie eigentlich bei über 10$ stehen.

[medimmune]

Veltex

Weil die Zahlen eben wahrscheinlich nicht stimmen.

[medimmune]

Veltex Corp. Vorsicht! Betrug seit etlichen Jahren. Betrogene amerikanische Anleger(siehe Bericht unten)

Bei diesem Unternehmen scheint es sich um unkontrollierten Betrug an den Pink Sheets zu halten. Bereits seit 1996 scheint der CEO Matin, gebürtig in Bangladesh, die Investment-Gemeinschaft mit seiner Veltex zu betrügen und die SEC unternimmt an den Pink Sheets nichts.

Der Wirtschaftsminister von Bangladesh bezeichnete Matin bereits als Betrüger "Javeed Matin is an International Fraud" (Quelle: ragingbull.com)

Bangladesh`s most senior industry and trade minister: Tofail Ahmed said this publicly at the United States Chamber of Commerce in Washingrton DC.


Mit dieser Nachricht versuchte die Firma im Mai 2005 den Anlegern zu erklären warum das Audit für 2004 noch nicht stattgefunden hat. Der testierte J.abschluss ist jedoch nie vorgelegt worden. Bereits in den Jahren zuvor die gleichen Ausreden.

We are disappointed by the delay in the completion of our 2004 audit. We had been previously advised by our auditor to expect the 2004 document by end of Q`2, 2005 and as Veltex Corporation has informed its shareholders of the delay and we have endeavored to inform the investing public of the same unfortunate delay in our press release. Subsequently to the original date of Q`2, 2005, the auditors have informed us that due to a backlog in their office regarding previous commitments they would not complete the audit for several additional months. Veltex is hopeful it will be completed by early summer before the end of Q`3, 2005.

Wenn man sich das alles anschaut liegt der Verdacht nahe dass das Management sich vor Lancierung der Nachricht um die Dividende zusätzlich eingedeckt hat (oder bereits eigene Aktien besaß) und bei kürzlich stark gestiegenem Volumen ordentlich verkauft hat. Die Nachricht hatte ihre Wirkung.

Hier die wichtigsten Infos über die Hintergründe und Machenschaften des CEO Matin:

THIS MAYBE THE BIGGEST INTERNATIONAL FRAUDULENT SCAM INVOLVING A BANGLADESHI NATIONAL NAME JAVEED A. MATIN. ITS A DISASTER FOR FUTURE FOREIGN INVESTMENT IN GROWING TEXTILE SECTOR OF BANGLADESH.

According to posts at VLVT discussion site by hundreds of investors at the www.ragingbull.com and www.seliconinvestor.com one Bangladeshi businessman named Javeed Aziz Matin who used to live in Chino Hill, California, U.S.A. took a company public in the United States by submitting all kind of bazar false statements in the range of 100% to NASDAQ OTC-BB authority under the name of Veltex Corporation (symbol VLVT).

It seems the whole fraud/scam is pre-planned by one individual Javeed A. Matin, a Bangladeshi. His plan seems to be to use internet media to pump Veltex Corporations stocks with all kind of false PR newswires over the internet, than quickly DUMP some 30 plus million unauthorised shares and bring hard cash into Veltex Corporation`s account.Then take the money out or cash it in the name of Machinery purchase using various false company and bank accounts to over invoice these
purchases, pocket the money and run away to Bangladesh. This seems to be exactly what has happened as as soon he cashed in all the money all PR newswires from the company stopped.

Biggest loots took placed on or August/September of 1999!! When Veltex Stock jumped over 1000% for few days and millions of unauthorized shares were dumped my Matin due to a series of totally false PR
Newswire were issued by Mr. Javeed A. Matin,CEO & Chairman of Veltex Corporation,(These PR newswires can still be viewed at www.bloomberg.com stock quote area enter symbol `vlvt` than press at company news).

All the facts now coming into light shows that Mr. Matin also hired various stock recommending houses as well as PR firms in the United States, Canada and Europe to pump shares of Veltex Corporation (vlvt).

Center of all this is a small Textile factory in Comillah, Bangladesh. Mr. Matin claimed that Veltex Corporation of U.S.A. owned 100% of a Textile Mills in Comillah, Bangladesh under the name of Velvet Textile Mills Ltd. and that Mill in Bangladesh is making about U.S.$10 million in sales in 1999 alone and about U.S.$2 millions in profit with
projected sales in the range of U.S.$100 millions in few years.

Mr. Matin claimed in all the PR newswires that the mill in Comillah cost U.S.$12 million plus (actually less than half a million) employed some 315 peoples (actually less than 10 person)and he has offices and distribution centers in U.S.A., Canada, Europe and Asia (actually none) and it is run by a 30 years experienced American COO named one Charles Funderburk who is staying in Bangladesh and also a director of Veltex Corporation. The fact came to light now shows that Mr. Funderburk has no idea that he was a director of Veltex Corporation. He only went into Bangladesh for few weeks to help install some used 1973 model looms of German origin.

The truth is Velvet textile Mills Ltd. in Comillah, Bangladesh is a small textile weaving factory with few used looms 1973 year model Never had more than 10 person working, Never made a dime in profit, The factory is engaged in weaving defect fabrics, has no legal relationship with Veltex Corporation of U.S.A. as per The Registerer, Joint Stock Companies & Firms in Bangladesh. Velvet Textile Mills Ltd. is owned by Three Bangladeshi since 1995 including Mr. Matin who are fighting with Mr. Matin regarding ownership. Mr. Matin tried to buy them out with fraudulent bounce check in the range of hundreds of thousand dollars. Above all that factory in Comillah never went into commercial
production. Velvet Textile Mills Ltd. of Bangladesh is a domestic Bangladeshi corporation and can not be taken public in foreign
countries without due permission of Bangladeshi Government as well as Bangladesh Bank due to conversion of Taka into foreign exchange laws.

[Macros]

[posting]19.303.724 von medimmune am 15.12.05 17:41:47[/posting]wow.. Heftig

Wollte schon fast investieren aber die Unternehmensdaten sind wohl zu Traumhaft um wahr zu sein.

Also Finger Weg!

[medimmune]

"Erneute Verarschung" knapp 1 Mio. Aktien werden als Stockdiv. ausgezahlt - 1 Mio. Aktien werden zurückgekauft. Und, wie immer bei dieser Firma kann das natürlich keiner kontrollieren. Aktien kann Veltex drucken. Dollars, Gott sei Dank, nur die Notenbank. Deshalb auch keine Bardividende."

Die Dividende gibt es nun nicht, woher auch, ein Gewinn ist nicht vorhanden. Es gibt auch keine distributor base oder board of directors. Der Alleinunterhalter Matin hat sich in den letzten zwei Wochen gesund gestossen. Er kann jetzt wieder nach Bangladesh abhauen, sich am Strand sonnen und Frauen vernaschen. Er wird lange mit dem Geld auskommén.

Ich hoffe dass in den nächsten Jahren, in denen die Geschichte Veltex wahrscheinlich weitergehen wird, viele Anleger, die auf die falschen Meldungen des Unternehmens aufmerksam werden rechtzeitig diesen Thread lesen und von einem Engagement absehen.

Macht es gut

[chaot87]

ok, alles klar jungs, werde mal desinwestirt bleiben !