You are not missing anything Edgar. Today's little rally was started, IMO, on the word of a filing. Since most of the people here are new and are simply looking for the DCB, they probably assumed it was something that could get this thing rolling. Once the stock price started to climb naturally it created a buying frenzy.
My guess is VELT will be right back to the mid 30 cent range after the newbies realize today's filing was nothing more than a boiler plate filing. Closing price for VELT will probably be .385.
Take care Edgar.