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Microcap & Penny Stocks : Veronex Technologies Inc. (VXTK)

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To: michael d kugler who wrote (19)8/20/1997 10:21:00 PM
From: michael d kugler   of 684
 
I spoke with my source again today who had spoken with the CEO lately.

He is a free-lance computer wizard. His take was that some of the claims in the recent press releases appear to be somewhat exaggerated.

Notably, the company claims their product runs under all operating systems. Come on...all? That would appear to be the greatest advance in the history of computing.

The CEO also explained that his softward overlays all operating systems implying that their software could actually replace the operating system. That did not seem possible to my friend.

Also the company claims one of the miracles connected to their product was that one of the byproducts of their system is the standardization of the data fields, which appears to be of little real value.

His take on the company was that the CEO rambled on with not much to say and that he apparently did not understand his product well enough to speak about it in industry terms.

I would entertain any replies to this.

Has anybody seen financials?
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