MISSISSAUGA, Ontario, March 29, 2005 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter; this one discussing Veltex, Corp. (Pink Sheets:VLXC), its industry and future prospects.
Wilkins notes that keeping any business growing requires assiduous attention to costs, particularly smaller startup firms, and especially those in the cutthroat garment and apparel business. A company out of California that appears to have grasped this concept and ran with it is Veltex Corporation (Pink Sheets:VLXC) -- based in the appropriately named City of Industry.
Wilkins also points out that the attitude toward economy (for Veltex Corp.) appears to have paid off handsomely so far; Veltex's preliminary 2004 revenues were a sparking $41.6 million, with net income just over $6 million. 2003 sales achieved were to within sight of the $20 million mark, or $6 million better than the previous year, which was $5 million better than 2001.
The full version of this special report on Veltex, Corp. can be found at:
http://www.allpennystocks.com/apsc/us/article/vlxc_march_29_2005.htm
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Veltex, Corp. (Pink Sheets:VLXC), the compensation is two thousand dollars by the company. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/vlxc.htm.