VLXCVeltex Corp.

About Veltex Corp. (VLXC)

Veltex Corp. (VLXC) is a Medical Care Facilities company headquartered in Chicago, IL, United States whose shares trade over-the-counter on the OTCQB tier.

Veltex Corporation, a registered holding company, seeks to enhance shareholder value through aggressive recuperation of lost resources and assets while maximizing the worth of those recovered. To carry out that mission, Veltex's corporate strategy is the development and acquisition of companies which have established or advanced the latest modalities in the areas of health, wellness, and recovery. Veltex has begun and will continue to assemble a team of experts in these fields and will take a multi-tiered approach including joint ventures and collaboration agreements. Veltex, thru its wholly owned subsidiary, Veltex Properties, Inc., currently owns outright property in the State of West Virginia. That property consists of approximately five acres of land with a 30,000 sq ft chemical rehabilitation facility which can house 150 beds. At stake are losses originating from alleged misappropriation, negligence and fraudulent activities of the corporation's prior management, accounting and legal professionals, among others. Current litigation is underway in federal and in various state courts. Veltex's litigators are dedicated to the uncompromising, efficient and timely prosecution of our claims. There are no guarantees; however, favorable outcomes from these legal proceedings may position the company to explore benefits of tax credits, tax loss carry-forwards, merger and / or acquisition examinations and redeployment of monetary rewards to shareholders of the corporation.

Products and services

Veltex Corporation is a registered holding company, seeking to enhance shareholder value through aggressive recuperation of lost resources and assets while maximizing the worth of those recovered. To carry out that mission, Veltex's corporate strategy is the development and acquisition of companies which have established or advanced the latest modalities in the areas of health, wellness, and addiction recovery. Veltex has begun and will continue to assemble a team of experts in these fields and will take a multi-tiered approach including joint ventures and collaboration agreements. Veltex Corporation was formed as a publicly traded corporation in the State of Utah in 1987. The common stock is listed for trading on the OTC Markets under the symbol "VLXC." The principal executive offices are located at 123 West Madison Street, Suite 1500, Chicago, Illinois 60602. Veltex's executive team, board, and strategic advisors consist of an elite mix of successful investment and industry professionals.

VLXC key facts

Ticker symbol

VLXC

Market tier

OTCQB

Sector

Healthcare

Industry

Medical Care Facilities

Headquarters

Chicago, IL, United States

Country of incorporation

US

Year of incorporation

1987

Employees

1,280

Estimated market cap

$6.26M (as of Apr 11, 2025)

Shares outstanding

96,371,482

Reporting standard

Alternative Reporting Standard

Audit status

Audited

Fiscal year end

12/31

Latest filing

Annual Report (Dec 31, 2024)

Veltex Corp. leadership

• Stephen G Macklem — CFO, Treasurer

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