vlxc.pk giving 10% dividend???

Discussion in 'Trading' started by stockjimmy, Dec 19, 2005.

  1. This is a new one for me a : pink sheet is giving a 10% dividend and they are going to buy back shares. Looking at the "numbers" veltex is posting it reaaaaally looks cheap. To good to be true?

    Is this a scam?

  2. get lost
  3. looks like a fraud to me : don't buy. seems the tactics of the ceo are quite fishy.
  4. domen74


    I remember doing some research on this company a year or so ago. The company used to trade under a different ticker symbol (I think it was VLVT or something like that) and I also remember there was something fishy about the CEO. I believe there was some kind of a pump and dump scheme involved. Sorry I can't give you more details, but I do remember that I told myself to stay away from the company after I read those articles.
  5. i think you are right, too many riskfactors here. i think i will leave this one alone i am not that big of a gambler