The thread just disappeared, so I guess we need to start a new one!
Posted by Dustoff101 on :
My last post wasn't that much trouble, did I blow up something? LOL
Posted by jordanreed on :
best laugh i've had all day!! Posted by amswap on :
I guess you did Dust. Not sure what happened. I went to refresh and it was gone. What did you say that was so destructive?
Posted by 10of13 on :
What the heck? LOl Dustoff what did you do?
Posted by Purl Gurl on :
Take that as a hint unpleasant behavior is not welcomed here at Allstocks.
You have a second chance. Do not abuse it.
Purl Gurl
Posted by jordanreed on :
ok... back to the soap...
Posted by amswap on :
If unpleasant behavior is not allowed, why haven't they thrown you off purl?
Posted by Dustoff101 on :
Well, maybe I better not, don't want to blow up Allstocks...Geez, me 'puters is Pow-ur-ful!
Posted by Purl Gurl on :
Amswap, I strongly urge you to no longer engage in insulting other people. That behavior is not welcomed here at Allstocks.
Purl Gurl
Posted by amswap on :
Kinda glad they did take it off. The other one was getting too long anyway.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Amswap, I strongly urge you to no longer engage in insulting other people. That behavior is not welcomed here at Allstocks.
Purl Gurl
You really are a joke. You are the one that belittles and insults people. How dare you tell me I did something wrong. Who have I insulted?
Posted by 10of13 on :
amswap and Purl...kiss and make up already...let's start this thread being nice...
Don't do it...I know what you're thinking.. Posted by Purl Gurl on :
I warned you, Amswap.
Purl Gurl
Posted by RichBy26 on :
amswap get use to it. Purl is great at turning things around and crying wolf. Better get use to her though, becuase once she shows up to on a thread it's hard to get her off... She probably turned you in already, hahaha what a joke...GLTY
Posted by amswap on :
If she can engage in conversation without trashing and making others contribution here seem like it is a waste of time, I will lay off. She is the one that continually tries to make peopple think she is the only one capable of thinking on here. It got old quick. If she will stop trashing people for what they say and questioning everything and holding them accountable when they say something that may not be 100% accurate, then she too needs to do the same thing.
Posted by amswap on :
quote:Originally posted by Purl Gurl: I warned you, Amswap.
Purl Gurl
Warning accepted. Now how about answering my question? I'll ask again:
WHO HAVE I INSULTED?????????????????????
Posted by 10of13 on :
quote:Originally posted by amswap:
quote:Originally posted by Purl Gurl: I warned you, Amswap.
Purl Gurl
Warning accepted. Now how about answering my question? I'll ask again:
WHO HAVE I INSULTED?????????????????????
AMSSSS!!!! Please ...Just ignore it...
Posted by Dustoff101 on :
Ok, I'll try again, this is basicly what I asked on the last post....
Want something to discuss? Gates Foundation...
Told ya, I can make trouble...
In a more serious light? I want to see the opinions of others on the subject..
Posted by 10of13 on :
anyone know how we can get that other thread back...just for the DD alone...???
Posted by amswap on :
10, if you click on some of the names of people who posted in that thread and click on recent posts, it was comeing up that way. Not sure it still is.
And sorry about above. I know she isn't capable of answering a question. Not sure why I bothered asking.
Posted by T e x on :
quote:Originally posted by 10of13: anyone know how we can get that other thread back...just for the DD alone...???
Just a hedzup, kids... That was *not* me who deleted the thread--and this is the first post on this one I see mentioning the stock...
Posted by Egg Inspector on :
what happened. I went to pick up my daughter, opened up the comp. hit the thread (which was minimized, and it said
"sorry, you have requested a thread that doesn't exist!"
Posted by Purl Gurl on :
I did it.
All you have to do is display common courtesy.
Agree, disagree, argue, fight, love each other, hate each other, but leave out the personal insults.
This is Allstocks. This is not the place for personal insults. Those belong over at Raging Bull.
Purl Gurl
Posted by Egg Inspector on :
actually:
copied/pasted-
FYI You have requested a topic that does not exist!
Posted by 10of13 on :
OK..well here's some of the stuff..
Peaser01 Member
Member Rated: posted June 06, 2006 10:06 AM -------------------------------------------------------------------------------- The granting of the orphan drug status is designed to encourage the development of drugs which are necessary but would be prohibitively expensive/un-profitable to develop under normal circumstances.
In the United States, an orphan drug is any drug developed under the Orphan Drug Act of 1983, a federal law concerning rare diseases ("orphan diseases"), defined as diseases affecting fewer than 200,000 people in the United States or low prevalence is taken as prevalence of less than 5 per 10,000 in the community . This has been adopted as a subclause of the Food and Drug Administration (FDA) regulations. Because medical research and development of drugs to treat such diseases is financially disadvantageous, companies that do so are rewarded with tax reductions and a monopoly on that drug for an extended time (twenty years). Under the act many drugs have been developed, including drugs to treat HIV/AIDS, cystic fibrosis, and snake venom.
A similar status exists in the European Union, administered by the Committee on Orphan Medicinal Products of the European Medicines Agency.
Member Rated: posted June 17, 2006 02:53 PM -------------------------------------------------------------------------------- A nice read on how Xechem came to being:
Survival Medicine by Mukul Pandya In an industry riddled with casualties, Ramesh Pandey is a survivor
Ramesh S. Pandey, chief executive officer of Xechem, a biotechnology company in New Brunswick, N.J., has an office where these days an unnatural state of disorder prevails. On a Monday in late November, his desk was piled with scientific and business documents, some of which lay in small heaps on the floor. Product bottles competed for space with company literature on tables and window sills. Pandey, a soft-spoken but energetic man, grinned as he apologized for the mess. "My office has never been like this," he said, "But every other day I have been running around."
Pandey has had good reasons to run around, because in some ways, his office symbolizes Xechem's problems. Though the company seemed to be headed for success when Pandey spun it off six years ago from LyphoMed, a generic drug company in Chicago, during the past year it has fallen upon hard times. Xechem's difficulties are typical of the double whammy that confronts most start-up biotech firms -- high R&D costs combined with low or non-existent revenues. At one point last year, Xechem was burning cash at the rate of more than $200,000 a month. As the company's accumulated losses exceeded $18 million in December 1995, some observers wondered whether the company would survive.
It will -- at least for now -- because Pandey's energetic running around has paid off. On Nov 19, Xechem announced that a group controlled by David Blech, a well-known but controversial investor in the biotechnology industry, will invest $5.5 million in the company over the next nine months. As a result of the deal, Blech and his associates will replace Pandey as Xechem's controlling shareholders, with a stake of more than 70 percent. Pandey, however, will remain the CEO as well as the second-largest shareholder. He is delighted at the deal because the capital infusion will allow Xechem to develop products that he believes could become big winners in the future. "With Blech's investment and expertise, our future is very bright," he says. "In the next three to five years, we could have sales of $30 million to $50 million."
Pandey's optimism is based largely on a plant-based product called paclitaxel, a drug used in the treatment of ovarian and breast cancer. Xechem cannot sell paclitaxel until December 1997, because Bristol-Myers Squibb, the New York City-based pharmaceutical giant, has exclusive rights to its sale. After that, however, Pandey believes that Xechem's version of paclitaxel --which Bristol-Myers Squibb sells under the brand name Taxol -- could command a large market. Pandey says initial tests have been encouraging, and now that Xechem has the capital, it will be able to move the product along the Federal Drug Administration's approval process.
Xechem also has other irons in the fire. Through a subsidiary called Xetapharm, Pandey wants to introduce natural products from India and China in the United States. The company has agreements with the International Institute of Ayurveda in Coimbatore and with Beijing Medical University. "We have some work going on at the International Institute of Ayurveda to make plant extracts," he says. "Though quality control on ayurvedic herbal medicines is a big problem, there is a great need for these products."
If Pandey has been able to roll with the punches in the volatile field of biotechnology, the reason is that he has been in the pharmaceutical industry for a long time. A native of the Rani Khet region of Nainital in Uttar Pradesh, Pandey completed his Ph.D. at the National Chemical Laboratory in Pune before coming to the United States in 1967. After doing three years of post-doctoral research at the University of Chicago in Urbana, Pandey went to India briefly but then returned to the United States in 1972.
His expertise was in antibiotics and anti-cancer drugs development, and he joined the National Cancer Institute in Frederick, Md., which was doing research in these fields. By the late 1970s, however, he was tired of government bureaucracy. He was eager to get into business, possibly with other Indians who were as frustrated as he.
"I met a lot of people, but these damn people would say, 'Write a business plan, do this, or do that,'" he says. "The business world sees things differently than scientists."
Pandey's break came in 1982, when he met John Kapoor, an Indian businessman who ran LyphoMed in Chicago. LyphoMed sought out drugs that had gone or were about to go off patent and made generic versions of these products. The two men had dinner together, and Pandey told him about his desire to get into business. LyphoMed was going public at the time, and Kapoor was busy, but he told Pandey to keep in touch.
In 1983, Pandey joined Abbott Laboratories, but just nine months later, he got a call from Kapoor. LyphoMed, Kapoor said, was keen to develop a generic version of vancomycin, an anti-bacterial drug. Though Pandey had never produced the drug before, he told Kapoor that he was confident he could do it. He added, though, that the investment might be as high as $8 million to $10 million. Kapoor agreed, so Pandey resigned from Abbott. Pandey, Kapoor and John Curry, an American investor, in 1984 formed Xechem as a joint venture.
Raising $10 million to set up a vancomycin plant, however, proved to be daunting. A major hurdle to getting the funding was Pandey's lack of experience in developing the product. "When I asked LyphoMed to build the facility, the company said, 'What if you can't do it, all our money will go down,'" Pandey says.
As an alternative, LyphoMed promised to support Pandey while he researched the product. Pandey then approached Rutgers University's Waksman Institute of Microbiology, which was interested in the project. The institute named him a visiting professor, and Pandey used its facilities and researchers to direct a LyphoMed-funded project. On March 17, 1987, LyphoMed received FDA approval for vancomycin. "Once we got the approval, the money we spent on developing the product was recovered in two weeks," says Pandey.
Armed with this success, Pandey asked LyphoMed again to build the vancomycin plant. This time, he was told it would take too long -- it would be better to farm out the job out to a company that had the infrastructure. Pandey agreed, so in 1987 LyphoMed began to produce vancomycin with help from Denmark's Dumex and Japan's Fujisawa. The same year, Pandey renegotiated his deal with LyphoMed, which was doing very well. Xechem became a fully-owned subsidiary of LyphoMed. Pandey's salary shot up, and he also received options in LyphoMed stock.
Life changed for Pandey in 1990 when Kapoor and his associates decided to sell LyphoMed to Fujisawa in a $1 billion deal. "Kapoor, who owned about 25 percent of LyphoMed, made millions of dollars, as did many other people," recalls Pandey. "I also made some money because I owned LyphoMed stock." The biggest change, however, was that Fujisawa was not interested in Xechem, so Pandey bought the company for $125,000. After initially considering keeping Xechem in Chicago, Pandey decided to move the company to New Jersey.
New Jersey attracted Pandey for two reasons. As the state that has the headquarters of companies like Merck, Johnson & Johnson and American Home Products, among others, he considered it the "pharmaceutical capital of the world." More importantly, however, his stint at Rutgers had showed him that being near a university can offer invaluable support systems -- libraries, laboratories, research assistants -- to a fledgling start-up biotech firm. So Pandey set up shop in a 10,000 sq. ft. facility in New Brunswick near Rutgers. The company continued to work on anti-cancer drugs, with support from Small Business Innovation Research grants from the National Aeronautics and Space Administration and the National Cancer Institute.
Young biotech companies are voracious consumers of capital, and Xechem was no exception. Since the company's products had not received FDA approvals, it had no sales revenues and soon the grant money ran out. Xechem was then approached by a group of California investors who were interested in paclitaxel's potential, and who put Pandey in touch with Kensington West, a New York City investment bank. Xechem went public in April 1994, raising $4.5 million. This capital infusion allowed Pandey to hire more people and expand Xechem's facilities to 25,000 sq. ft. The company's stock also rose from $5 to $13. Forbes magazine listed Xechem as one of the best new issues, and the company was profiled on CBS.
Unfortunately for Pandey and Xechem, problems cropped up. First, an agreement that Xechem had struck with a marketing firm in Canada unraveled because of disagreements over cost-sharing, and the stock took a hit on Wall Street. It now trades for less than $1. Another key problem was that some of the scientists from big companies whom Pandey had hired were unable to adjust to a small-company environment. Getting drug approvals also proved to be a more time consuming and complex process than Pandey had expected. As cash got tighter, Pandey had to lay off people. Xechem once had 34 employees, of whom 18 had Ph.Ds Today the company is down to 24 people.
Pandey now wants to move Xechem forward again with Blech's capital. One of his main priorities will be to rebuild the company's scientific staff. "We will refocus the company," he says. "Until now, we have done only technology development. We will focus on abbreviated new drug applications for drugs going off patent. The company will start making money in one and a half or two years."
Pandey says he has learned several lessons from his experience. "Our ambitions were very high, and certain things did not work out," he says. "If I had to think again, maybe I would have done things slightly differently. People don't want to touch this business with a thousand-foot pole because it is a high-risk business. It is very important to have the necessary financing right from the beginning. You can't just trust people who say, 'Don't worry, we'll get you the financing.' In December, we hardly had any money. I now understand how companies get into trouble. It doesn't have to be millions; companies can get into trouble for a very small amount of money."
While Xechem is not yet successful, it is undoubtedly a survivor. "People told me six months ago that I should close my shop, because I could not survive," says Pandey. "But the bottom line is, I survived. I have an investor who believes in my company and my products. That's the big thing. People have many ideas. But do they have the guts to make them happen? That is what makes the difference."
well, here's my last post. I didn't even get to see if there were any replies to it, any 'that's ridiculous Egg' comments. it's all on the **LOST THREAD**
I'll re-post it, to hear any reaction, spell checked and finished off this time.
quote:Originally posted by The Phat Man: is this what you're referring to?
By: alexng00 07 Jul 2006, 07:18 AM EDT Msg. 72460 of 72499 Jump to msg. # Gm all, here is below the email I received from my contact today :
"Sorry my connection has been down and its so frustrating. I had to go to a cybercafe to send this mail. Yesterday the president arrived at about 12noon with his entourage. Nafdac Bos was not present as of the time I left. but was represented by one of her directors. Also ther were the ministers of Health, Information and Science and Technology. A lot of staff from the ministry of Science and Tech were there since the were handling the project. I also saw over 30 whites there, ofcourse I did not know any of them Except for Pandy who was sitting proudly at the high table. The Drugs were only displayed at the table so I did not have a clear look at it. The media was also there. NTA, DBN, AIT and I think 2 national radio station. The were about 400 people ofcourse I did not count them. It was also rainy so when the President was coming those of us that were not invited were virtually pushed out so I had to leave. I also asked whether the drugs are out for sale but they said that The logistics of sales will commence after the launch. I hope this small info is useful. Once again sorry for the delay in report. I also noticed you called last nite. I had slept off by then . hope to hear from you soon"
I call him this morning and we got a great discussion, this guy is in the deep knowledge of the system in Nigeria. He says that the launch was huge and so important that the President, dignitaries, may guests, TV, Radio, Newspaper are there, there are 1 or 2 events like that per year in Nigeria. He says that most people in Nigeria can afford the drug, even the poor people can afford this because their family and friends will help, that the mentality there. I told him that Steve says that the governement will buy the drug for their employees, he says in that case it's huge and it's a good guaranty for this drug, he also says that there are many organisations and foundations who can buy this drug and help the people. I think you need to realize the importance of the sickle cell disease and what is it's meaning. He explains to me that the people suffering from this disease are horrible, alot of pain and die, he says you should see a patient suffering the disease and then you can really realize that, it's bad really bad. He says this drug is very important to these patients so most of them need that. I told him about the price per month between 12-20 dollars, he says it's not expensive and they can afford that. With that whole picture I can see the revenues will be huge for the companies, as it is sold in Nigeria first and then exported to other African countries, he says that he knows many African countries need this drug for their patients of sickle cell disease. Now it's time for the company to execute and what I can undersatnd the potential revenue is huge, I think we have a gold mine here, let them time to do it, Roma is not build in one day. Btw I invite everybody to search on Internet about the articles for the launch details, it should be available at any time now. glta
---------------------------------------------------------- when trying to determine credibility or not, for the above post, for me it is important to pick up on small clues of language usage. I have clients around the globe, and friends in Europe, S.Africa, Asia, Australia, Russia, Ukraine, it goes on and on. I am no Language expert, but I like to think I can hear similarities in language usage, and pick-up on accents, and tendencies well.
so the following in one Eggs Opinion. Hope you enjoy.
Here are a few examples of that usage i.e.
Now it's time for the company to*execute and *[from]what I can undersatnd the potential revenue is huge, *"execute" this is someone not very comfortable with the English language, trying to show a higher level of verbal intelligence. use of this word IMO shows this not to be a scam. a scam would say: 'go to work'/'start producing medicine' etc.. "from" also, note the missing 'from'. classic broken English, hard to impersonate.
I think we have a gold mine here,
*let them time to do it, *Roma is not build in one day. "let" them time... perfect misuse. it is obviously 'give' them time.
"Roma is not build in one day" this was the absolute clincher for me. first of all:
'Roma'. Rome is only referred to as Roma outside the English speaking world, and outside the English speaking world it is ONLY referred to as 'Roma', never Rome. "is not built in one day" come on? do I need to elaborate. 'Rome was not built in a day', an impostor letter (scam) would almost certainly not get this, this subtly, wrong IMHO
Btw I invite everybody to search on Internet about the articles for the launch details, it should be available at any time now ---------------------------------------------------------
so there's one Eggs opnion of a few examples of use, or misuse of language that gives people away.
Posted by Purl Gurl on :
I disagree with majority opinion.
"glta"
The email is a fabrication.
Purl Gurl
Posted by bond006 on :
Alex is Swiss and he has been posting for a long time in Penny Pickers in there trusted members only secection.. English is nat a first language to him. He has had some good info in the past and I personaly feel that he is not trying to mislead anybody
Posted by worthashot on :
I replied to it egg. I replied that it was one heck of a coincidence that it is the same "Alex" that miraculously found that Nigerian article (the one that started this entire XKEM run) from 6/18/06 by mispelling "Nicosam" in his websearch (see ihub and pennnypickers posts form june 21st to confirm). I have real problems with him being fed info to share to us and lying about the sources. I am not a basher, but I am getting more skepticle every day about XKEM.
Posted by Dustoff101 on :
The editorial by Phat man was a good read.. Should be re-posted.
Posted by Egg Inspector on :
quote:Originally posted by amswap: 10, if you click on some of the names of people who posted in that thread and click on recent posts, it was comeing up that way. Not sure it still is.
And sorry about above. I know she isn't capable of answering a question. Not sure why I bothered asking.
Ams...I tried this too, it doesn't even come up on the recent posts, not mine, not 10's, not yours...
it's gone Posted by Egg Inspector on :
ROTFLMAO
I can't believe what I am reading about what kind of behavior being tolerated!
I don't need to elaborate, do I??
Posted by pay up on :
purl Gurl, which email is fabrication? If you are refering to the post of Alex' friend in Nigeria, it is not a fabrication from what I've seen. Everything this person has said through Alex has proven to be true.
Posted by Egg Inspector on :
quote:Originally posted by worthashot: I replied to it egg. I replied that it was one heck of a coincidence that it is the same "Alex" that miraculously found that Nigerian article (the one that started this entire XKEM run) from 6/18/06 by mispelling "Nicosam" in his websearch (see ihub and pennnypickers posts form june 21st to confirm). I have real problems with him being fed info to share to us and lying about the sources. I am not a basher, but I am getting more skepticle every day about XKEM.
I remember that mispelling Posted by T e x on :
I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
Posted by bond006 on :
They pulled the other thread, It was most likely getting to long and out of control. This much better to start fresh we should call it xkem after approval.All kinds of new stuff and other herbal remedies are coming out with some new web sites we have just begun our long march
Posted by tompom on :
i agree with dustoff can somebody repost that?
Posted by T e x on :
"It was most likely getting to long and out of contrl."
length would have nothing to do it...
Posted by Dustoff101 on :
The editorial by Phat man? Does anybody have it?
Where is the Phat Man when ya need him, finaly asleep? lol
Posted by Dustoff101 on :
Tex, that editorial and the bank issue can figure in with the direction you are heading..
I just want to see opinions tying in all factors..The whale has asked a powerful guestion, it needs to be addressed as well..
Connect everything, then discuss the "Gates Foundation factor..
Posted by Egg Inspector on :
you know there is more than enough blame to go around, when it comes to insulting, condescending behavior
we had a nice, productive, knowledgable thread going. XKEM has a hiccup and the thread gets turned on it's ear. (no need to say by who) then the thread is erased! I don't know who did it, but it was audacoius to say the least. think of all the DD lost!
Posted by T e x on :
Dusty, sorry, not familiar with "the editorial." I have not followed this day-to-day... Am not headed anywhere--my main contribution to date has been verification that TA was gagged...
Posted by worthashot on :
The XKEM thread in Hot Stocks Free for All is still there for the moment, not as long as this one was but maybe there is some DD there.
Posted by T e x on :
quote:Originally posted by Egg Inspector: you know there is more than enough blame to go around, when it comes to insulting, condescending behavior
we had a nice, productive, knowledgable thread going. XKEM has a hiccup and the thread gets turned on it's ear. (no need to say by who) then the thread is erased! I don't know who did it, but it was audacoius to say the least. think of all the DD lost!
the relevant DD should be easy enough to re-create...
Posted by Dustoff101 on :
Egg, I had a page disappear on one of my stock picks...Apparently it was some kind of glitch..
Posted by 10of13 on :
quote:Originally posted by worthashot: The XKEM thread in Hot Stocks Free for All is still there for the moment, not as long as this one was but maybe there is some DD there.
Not much...I've been trying to bring it over....
Posted by bond006 on :
here is a good site it has all the nigerian newspapers on it
Obasanjo restates focus on better economy From Emeka Anuforo, Abuja Friday, July 07, 2006
PRESIDENT Olusegun Obasanjo yesterday reiterated the commitment of his government to foster an economy that is technology-driven, private sector-led and knowledge-based.
The President spoke when he commissioned the hi-tech food preservation facility, Gamma Irradiation Facility and launched the drug, NICOSAN, developed locally for the management of sickle cell diseases.
Developed by scientists at the National Institute for Pharmaceutical Research and Development, Idu, Abuja, the product is a non-toxic, natural herbal drug,
composed of extracts from local plants.
The drug is now being produced by Xechem Pharmaceuticals Nigeria Limited, a subsidiary of Xechem International Incorporated based in New Jersey, United States of America (U.S.A) and produced within the premises of Sheda Science and Technology Complex.
From the assessment of the Chief Executive Officer of Xechem International, Dr. Ramesh Pandey, Nigeria stands to earn a yearly income of over $150 million from exporting the drug to the international community.
The Minister of Science and Technology, Prof. Turner Isoun said at the ceremony that the drug, which had gone through various levels of certification at the National Agency for Food, Drug Administration and Control (NAFDAC) had been granted an Orphan Drug status by the Food and Drug Administration of the United States of America (U.S.-FDA). This, he said, had given it further credibility and international acceptability for the
management of sickle cell disease.
Obasanjo, who could not hide his joy at the facilities, noted that the government had not lost focus of its vision of re-engineering the science and technology sector to make Nigeria a key participant and stakeholder in the application of new and emerging technologies.
The President said: "Today's activities also further confirm my strong belief that the frontiers of development are within the reach of any determined and committed society that takes science and technology seriously with the determination to uplift
its citizenry to a state of prosperity."
He stressed that the essence of the reform in the sector had been to improve the performance of the sector, make it more proactive to the country's national needs and enhance its efficiency in service delivery.
Stressing that the Gamma Irradiation Facility would transform food preservation in the country and make certain agricultural products available all year round, he described the facility as "a high priority project with significant commercial undertones."
Already, the President has approved the privatisation of the Gamma Irradiation Facility in the next three years. This is to enable private sector operators tap into the facility and make it yield the enormous economic dividends for which it was set up.
Expressing immense joy at the production of the sickle cell drug in country, Obasanjo lamented that persons afflicted with sickle cell disease suffer crises which could result in damage to the kidneys, lungs, bones, eyes and the central nervous system.
The Gamma Irradiation Facility is an important multipurpose facility with diversified applications, which according to the Minister of Science finds ready applications in the preservation of food and agricultural products, pest control, healthcare
delivery, packaging and improvement of mechanical properties of materials such as rubber latex plastics and electrical cable, among others.
Officials of the Nigerian Nuclear Regulatory Agency told reporters that the facility had gone through various levels of assessment and had acquired five of the agency's licences within the last one year.
Speaking on the facility, Isoun said: "The multipurpose Gamma Irradiation Plant has a large production hall. It is the most modern commercial irradiation plant in Africa, and one of the most modern of its type in the world characterised by the
state-of-the art technology. Its irradiation source is a 340k Cobalt-60 source. The facility will be managed in collaboration with other technical partners, who have acquired vast experience in the management of similar facilities."
Discussions are also said to be on-going with the International Atomic Energy Agency (IAEA) in Vienna to designate the facility as a regional Centre of Excellence in Food Irradiation.
-------------------- "It's the end of the world as we know it, and I feel fine"
Posted by Dustoff101 on :
Phat mans post is gone in his history..I should of put it in memory or atleast printed it, geez I have 3 printers hooked up,,Dumb of me, remember thinking what if..
Posted by 10of13 on :
Peaser01 Member
Member Rated: posted July 07, 2006 11:11 AM -------------------------------------------------------------------------------- FG to launch first anti-sickler drug Frid, July 07, 2006
The first Nigerian developed anti-sickler drug, NICOSAN, will be launched today in Abuja.
Also to be commissioned is the Gamma irradiation facility situated at the Sheda Science and Technology Complex, Sheda (SHESTCO), Abuja.
The Gamma irradiation facility is to be used for food preservation, sterilization of pharmaceutical and medical devices, as well as polymerization and other industrial applications.
A statement signed by information officer of the complex, Ndidi Onuora, and made available to Daily Champion said the minister of Science and Technology Professor Turner Isoun assured that all necessary precautions have been taken to ensure safety of the products as well as continuity in the production of the anti sickling drug NICOSAN adding, "This is just an iceberg."
Disclosing that the drug, used for the treatment of Sickle Cell diseases, and produced by a pharmaceutical company, Xechem-Nigeria, has been tested locally and internationally at Philaldelphia children’s Hospital in the United States the minister said the drug has been recognized by the World Health Organisation (WHO) for treatment of Sickle Cell disease, He also said it had been approved by National Agency for Food and Drug Administration and Control (NAFDAC).
The Director General of SHESTCO, Dr. Ayodele Coker, in the statement said achieving the drug was not by accident but by design, stressing that, "We contacted Xechem International after a conference held in the United State and I am happy that our dreams and efforts were not in vain."
someone posted a link to a board for sickle cell community at http://www.sicklecelldisease.org. The idea was that stock message board were "spreading the word" to these affected folk. One thread contained a post with a laundry list of "DD," and the whole thread was deleted. The folks at that site were *not* amused--including one Nigerian.
Posted by T e x on :
quote:Originally posted by amswap: Tex - are you a moderator?
yup
Posted by bond006 on :
Web Site / Links / Contacts:
Corporate Headquarters: XeChem Inc. New Brunswick Technology Center 100 Jersey Ave. BLDG B - Suite 310 New Brunswick, New Jersey 08901 USA 1-732-247-3300 Office 1-732-247-4090 Fax http://www.xechem.com/ EMail: info*xechem.com EMail: xechem*erols.com
Investor Relations: Xechem International, Inc. Stephen Burg 1-707-425-8855
Xechem Nigeria: Xechem Pharmaceuticals Nigeria Ltd. Xechem Research Park Sheda Science and Technology Complex (SHESTCO) SHEDA, Federal Capital Territory, Abuja NIGERIA http://www.xechemnigeria.org/ Tel: 234-9-671-8379 E-Mail: xechemnigeria*yahoo.com
Current Share Count Information:
TOTAL AUTHORIZED SHARES AS OF: 06-20-2006 1,950,000,000 Shares ISSUED AND OUTSTANDING SHARES AS OF: 06-20-2006 1,204,265,075 Shares RESTRICTED SHARES AS OF: Not Available PUBLIC FLOAT AS OF: 06-20-2006 1,204,265,075 Shares NUMBER OF SHAREHOLDERS AS OF: 06-20-2006 376
Tue, Jun 20, 2006 • XECHEM INTERNATIONAL INC Files SEC form 8-K, Unregistered Sale of Equity Securities, Other Events EDGAR Online (Tue, Jun 20) http://biz.yahoo.com/e/060620/xkem.ob8-k.html
Thu, Jun 23, 2005 • XECHEM INTERNATIONAL INC Files SEC form 8-K, Entry into Material Agreement, Termination of Material Agreement EDGAR Online (Thu, Jun 23) http://biz.yahoo.com/e/050623/xkem.ob8-k.html Posted by amswap on :
quote:Originally posted by T e x:
quote:Originally posted by amswap: Tex - are you a moderator?
yup
Could you explain how someone like purl has the power to erase that thread and can you bring it back? I would also appeal to you that if she is a moderator, you have someone who runs this board look at the manipultion and misleading things she posts and have them consider removing her authority. Because someone is pointing out the truth about her should not give her the ability to remove a thread with as mund dd as that one had. Thanks in advance for any help.
Posted by 10of13 on :
Bond...you're the man..Thanks!
Posted by 10of13 on :
quote:. [/qb]
AMS...PM him...stop posting the stuff...OK????...ENOUGH!!!
Posted by Egg Inspector on :
quote:Originally posted by T e x: I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I guess I'm going to show my 'lack of paying attention' but, I don't have a clue who Alex is or how him being associated with a letter or post matters??
Posted by 10of13 on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by T e x: I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I guess I'm going to show my 'lack of paying attention' but, I don't have a clue who Alex is or how him being associated with a letter or post matters??
Alex is a known pumper/basher and over all pain in the pocket book!
but it isn't this alex...from the email
Posted by amswap on :
10, you're quote didn't show up. Not sure who you're talking to.
Posted by 10of13 on :
quote:Originally posted by amswap: 10, you're quote didn't show up. Not sure who you're talking to.
you sweetheart...(pm Tex) XOXO
Posted by amswap on :
Oh, ok. So you don't think everyone should she that she is entitled to her opinion and demean and call people names, but when you show her that, she has the ability to dump an entire thread? No, I think people should see it so they know some can get away with stuff on here and others can't unless the mods do something about it. I don't think they have paid attention to her on the other thread and she should not have the right to cut it off because she is unwilling to justify her own bs when she calls everyone else on what she disagrees with. Something is just plain not right about that. You'll notice after she warns me, she never tells me who it is I have insulted. I may have an incorrect way of saying something, but I don't know who I've insulted. If I get a warning, I should at least be told what it's for and given an example of a past error that would explain exactly what it is I'm being warned about.
Posted by worthashot on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by T e x: I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I guess I'm going to show my 'lack of paying attention' but, I don't have a clue who Alex is or how him being associated with a letter or post matters??
The credibility of sources does matter!! Whoever "Alex" is, he says he received an email from a "contact". It may not have been fabricated. The point is it was probably the same XKEM contact who told him to leak the initial Nigerian article. It's just sounds shady and makes me question his credibility.
Posted by T e x on :
quote:Originally posted by amswap:
quote:Originally posted by T e x:
quote:Originally posted by amswap: Tex - are you a moderator?
yup
Could you explain how someone like purl has the power to erase that thread and can you bring it back? I would also appeal to you that if she is a moderator, you have someone who runs this board look at the manipultion and misleading things she posts and have them consider removing her authority. Because someone is pointing out the truth about her should not give her the ability to remove a thread with as mund dd as that one had. Thanks in advance for any help.
lol, I suspect she's pushing your buttons again, man... seriously? I don't "get" how so many get so bent so easily. Oh...I *know* first-hand how exasperating she can be...lol, when I was green as fresh mint leaf here? She cuffed me pretty good...and not only her. Several of da vets here dished me a pretty rough time...
But guess what? I sure learned alot--quick.
Re: the former thread--If I had to guess, I'd say Bob starting checking the thread after I reported Bruce Wayne's "poster/photo,' and simply threw his hands up and killed it. I can ask whether DD posts are recoverable--I'm too new at "modding" to know what's possible...
Posted by worthashot on :
Also, Are there "Cyber-Cafes" in Nigeria?
Posted by Egg Inspector on :
Nigeria removed from international finance blacklist, President Obasanjo elated Jun 23, 2006, 13:40
President Olusegun Obasanjo has expressed his elation at the announcement of Nigeria’s removal from the International Financial Task Force’s (FATF) list of Non-Cooperating Countries and Territories.
Welcoming the announcement by the FATF in Paris on the morning of June 23, President Obasanjo said that Nigeria’s de-listing would, together with the ending of its indebtedness to the Paris Club, the BB Minus rating of its long-term credit status and other positives economic indices, help to attract greater foreign investment to the country.
He also noted that with the de-listing of the country by the FATF, Nigerians would now find it easier to transact business with foreign partners, as existing restrictions on their ability to engage in financial transactions outside the country will be removed.
President Obasanjo commended members of the Inter-Agency Committee who crafted the National Anti-Money Laundering Strategy and worked with the FAFT to ensure that Nigeria met its criteria for removal from its list of non-cooperating countries. He also praised the National Assembly for passing the required legislation.
Nigeria was placed on the FATF list of non-cooperating countries in July 2001, having been adjudged to be in substantial non-compliance with a set of 25 criteria including weak anti-money-laundering legislation, inadequate regulation and supervision of the financial sub-sector and the absence of a Financial Intelligence Unit for the receipt and analyses of reports of suspicious transactions from financial institutions.
The country’s de-listing by the FATF today (June 23) is in recognition of the significant progress which the Obasanjo Administration has made in sanitizing the country’s financial sector and implementing the National Strategy Against Money Laundering and Combating the Financing of Terrorism.
With today’s delisting by the FATF, Nigeria is now free of encumbrances that have the capacity to stifle the inflow of investment and economic growth.
Related stories
New Presidential Panel to improve business in Nigeria set up
Nigeria promotes African Investment Bank
Nigeria gets N4.4 billion SME Credit
Posted by *Mag* on :
quote:Originally posted by worthashot: Also, Are there "Cyber-Cafes" in Nigeria?
quote:Originally posted by T e x: I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I guess I'm going to show my 'lack of paying attention' but, I don't have a clue who Alex is or how him being associated with a letter or post matters??
Eggie, eggie, eggie...talk about eggsasperating, lol...
worthashot posted, *then* re-posted:
quote:I replied to it egg. I replied that it was one heck of a coincidence that it is the same "Alex" that miraculously found that Nigerian article (the one that started this entire XKEM run) from 6/18/06 by mispelling "Nicosam" in his websearch (see ihub and pennnypickers posts form june 21st to confirm). I have real problems with him being fed info to share to us and lying about the sources. I am not a basher, but I am getting more skepticle every day about XKEM.
Posted by 10of13 on :
Good one Mag! Didn't like the MM thing?
Posted by *Mag* on :
quote:Originally posted by 10of13: Good one Mag! Didn't like the MM thing?
Nah just slimming down for the summer besides all the cool people are sporting 1 word names these days Posted by Egg Inspector on :
I'm posting stories to show, if not completely, Nigeria is working to get rid of the 'scam country' image. also, that XKEM isn't the only suckers to invest in that country...in that way I feel it directly pertains to all of our investments. cause in the end, really it is us, as individual people who are investing our hard earned $ in this company
President Obasanjo reiterates determination to diversify Nigeria’s revenue base May 8, 2006, 12:00
President Olusegun Obasanjo on May 6 reiterated the Federal Government’s determination to diversify the revenue base of the Nigerian economy through accelerated growth of the non-oil sector.
President Obasanjo represented by the Secretary to the Government of the Federation, Chief Ufot Ekaette at the opening of the Abuja International Trade Fair, affirmed that government was pursuing policies and programmes targeted at encouraging local entrepreneurs and stimulating the growth of non-oil sectors of the economy.
“A major thrust of the various economic reform programmes which we have packaged into the National Economic Empowerment and Development Strategy (NEEDS) is to enable the private sector play its role more effectively as the engine of economic growth.
It is our hope that the reforms in the public sector would be complemented in the private sector with a view to restructuring operations to ensure marked increases in value addition, number of transactions, trade flows, as well as enhancing competitiveness,” he stated
He said the recent launch of One Stop Shop Investment Facilitation Service was targeted at providing a more internationally competitive, flexible, and user-friendly environment for foreign and local investors, aimed at enhancing the investment climate and lowering the cost of doing business.
He called on the organised private sector to join the federal government in its uncompromising fight against corruption and fiscal indiscipline saying that the private sector has a very critical role to play in this regard.
Minister of Commerce Idris Waziri, said fair was an avenue for industrialists and manufacturers to display Nigeria’s potentials to the whole world. Adding that the public private partnership, which government is encouraging is moving the country towards one of the most dynamic markets in the world.
Related Stories
Posted by T e x on :
quote:Originally posted by *Mag*:
quote:Originally posted by worthashot: Also, Are there "Cyber-Cafes" in Nigeria?
it is the most informative Nigerian website I have found. Particularly to Abuja. not 1 single mention of Xechem International, nor NICOSAN.
please go there, try to find anything.
I am concerned, I have been searching, and searching for hard news from Nigeria, Africa, anywhere about the launch. I cannot find it. the site above has at least 10 other articles I have run across on other news sites. one after another had those stories. the 'computers for everyone' the 'Mittal steel' the 'AIDS/HIV drug'. they are on this site to. XKEM has NO MENTION! Xechem International, NO MENTION! NICOSAN, NO MENTION!
If I could find 1 news article. Hard News, I would feel much better.
just asking questions..
Posted by Egg Inspector on :
so everyone here knows, (new to the thread since launch PR or not) I have been asking these questions (above), and looking for the negative all along.
My philosophy, yes, I have one.
"If I have bought a stock I have read enough positive DD to like it. I only look for the negative after. In other words, I really don't need positive stories to make me 'feel' any better, if I have bought it, I feel good enough about it."
if anyone cares
Posted by T e x on :
quote:Originally posted by Purl Gurl: I am the *only* therapy you need.
Purl Gurl
now we're talking...
Posted by amswap on :
Egg, there was only one mention of the launch from a news agency I had never heard of. That was part of what we were trying to do and get the people at xechem to answer questions about along with the dilution rumor. We heard nothing from anyone and that has me a little upset witht he whole thing. They should be letting us know something. Also, if you look at their pr's, I don't think you will find a mention of many of the promised things we were looking for. It was all based on rumors and reports from unverified sources.
Posted by T e x on :
quote:Originally posted by Egg Inspector: so everyone here knows, (new to the thread since launch PR or not) I have been asking these questions (above), and looking for the negative all along.
My philosophy, yes, I have one.
"If I have bought a stock I have read enough positive DD to like it. I only look for the negative after. In other words, I really don't need positive stories to make me 'feel' any better, if I have bought it, I feel good enough about it."
if anyone cares
so are we one the same page, yet, with the "Alex" thing?
Posted by Egg Inspector on :
I hope I am wrong, and you all find a ton of 'Hard News' articles.
by hard news I mean unbiased reporting, from a news sourse AP, CNN, CNBC, anything unrelated to stocks, investments directly.
Posted by amswap on :
There aren't any stories from any of those sources. The most 'reliable' source has been businessdayonline & who are they anyway? No truly respected news service has made a mention of xechem. I hope someone can prove me wrong. Please?
Posted by Dustoff101 on :
10, very good.....But me isn't the fat man in the whales pic..Good gossip tho..LOL
Posted by amswap on :
Sure dust! Posted by Dustoff101 on :
Are you characters peering--------> at me with a telescope, or have ya bugged me puter like the whale.... Me is a little heavier than than me old 'rasseling wieght of 165..by a bit...lol
Posted by amswap on :
I thinnk I weighed 165 30 years ago! But I was still growing up at the time!!! Now all I seem to do is grow out...I say this as my wife is handing me a bowl of ice cream. Irony huh?
Posted by Purl Gurl on :
NIGERIA ’Patent Drain’ sickens workers (Abuja, May 6, Daily Trust)
Nigeria has sold the patent for a sickle cell treatment developed by the National Institute for Pharmaceutical Research Development (NIPRD) to an American company. NIPRD workers have written to the President of Nigeria to demand sanctions against the institute’s director-general, which the workers describe as illegal. But the NIPRD boss has defended the sale of the patent, claiming that it was meant to ensure its production.
The director-general of NIPRD, Dr. Ufot Inyang said that the benefits of the deal include royalty payments to the Federal Government of Nigeria, a goodwill payment to the traditional medical practitioner, Rev. Paul Ogunyale MSC who provided the local content of the drug, and “other benefits I would not want to disclose for obvious reasons.”
In 1995, XECHEM Nigeria Limited an American based Indian owned pharmaceutical company had bought the patent formula and the right of the sickle cell amenia drug developed at the institute by Nigerians using local raw materials under what the Daily Trust newspaper calls “very secretive circumstances”.
Aggrieved workers of the NIPRD face job losses from on-going re-structuring of the institute ordered by the board of the institute and with the backing of Nigeria’s Ministry of Health which also approved the patent sale. In Inyang’s own words the restructuring and lay-offs are justified because of under-utilisation of capacity and cessation of pharmaceutical production at NIPCO a company under the institute set up in 1994. He did not explain how selling patents developed by the institute would boost Nigerian production and create jobs in the pharmaceutical sector.
Like many developing countries, Nigeria suffers from a massive brain drain of skilled and specialized human resources, with health sector professionals being a major case in point. Last month, a study conducted at the University of the Western Cape’s School of Public Health in South Africa conservatively estimates that in recent years the emigration of 21,000 Nigerian doctors to the United States cost Nigeria US$420 million but saved the US $3.8 billion in training fees.
The ‘patent drain’ arising from commercialization and liberalization of trade may just be the latest in the resource drains that make this situation worse.
Purl Gurl
Posted by Purl Gurl on :
"...royalty payments to the Federal Government of Nigeria, a goodwill payment to the traditional medical practitioner, Rev. Paul Ogunyale...very secretive circumstances."
Purl Gurl
Posted by Egg Inspector on :
quote:Originally posted by T e x:
quote:Originally posted by Egg Inspector: so everyone here knows, (new to the thread since launch PR or not) I have been asking these questions (above), and looking for the negative all along.
My philosophy, yes, I have one.
"If I have bought a stock I have read enough positive DD to like it. I only look for the negative after. In other words, I really don't need positive stories to make me 'feel' any better, if I have bought it, I feel good enough about it."
if anyone cares
so are we one the same page, yet, with the "Alex" thing?
Nigeria: Nigerian Scientists Claim Cure for Sickle Cell
Daily Trust (Abuja)
July 5, 2006
"...In July, 2002, Xechem International Inc., a US-based pharmaceutical company, signed an agreement with the National Institute of Pharmaceutical and Research Development (NIPRD) for the research, development, production and worldwide sales and marketing of NICOSAN, said to be the only known cure for the disease now discovered."
____
A cure for a congenital disorder of this type is impossible. There is no cure, nor will there be a cure in our lifetime. Medical science in our age and time, cannot effect cures for genetically transmitted disorders of this type.
This claim by Xechem is an obvious lie.
Purl Gurl
Posted by Purl Gurl on :
Thank you, Plain 10, I will read those.
For now, I am dishing out reality.
Purl Gurl
Posted by The Bigfoot on :
Nigerian scams ARE legend. You know those "I have a million dollars I can't access without YOUR help" emails? Nigeria started it all.
Recently got one about an oil baron uncle I never knew I had dying in Nigeria. The exicutor of his will couldn't find his next of kin but I had the same last name and if I stepped in "I'd" inherit the fortune instead of it being ceeded to the government!!!
Posted by Purl Gurl on :
June, 2003
"Xechem has announced plans to set up a production plant in Nigeria to produce the sickle cell drug, which is expected to be place on the market before the end of the year.
The company has what it describes as “an international network of ethnobotanists, local folklore healers (shamens) and chemists” which it uses to screen natural products used by folklore healers for their potential therapeutic value."
"...on the market before the end of the year."
"...folklore healers...."
June, 2003
Purl Gurl
Posted by Purl Gurl on :
Sixteen years to develop this company, burned through seventy-one-million dollars and still no revenue worthy of mention.
Purl Gurl
Posted by mnvestor on :
Purl, not sure of your motive or purpose, but your DD has been discussed in length on the old thread, it is unfortunate you failed to read the entire thread before posting your findings..your info is old and has been addressed several times
Posted by 10 on :
Lots of info on the XKEM and the drug from back in 03 or so...then a pause...nothing reported or found...perhaps this is why...
Also Purl you were mentioning on how would $ from Nigeria "bring income into XKEM"...it seemed that you were commenting on the number of poor people...The hope for the large income is from the world..not just Nigeria...and it is also my understanding that this "drug" is a preventive type thing that will need to be taken all the time...so the income is endless...
Posted by mnvestor on :
71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
Posted by money 76 on :
some news for u guNews Agriculture Arts and Review Banking and Finance Business and Economy Education Energy, Oil and Gas Entertainment Letters Religion Science and Technology Tourism
Columnists/Contributors Dora Dearest - By Nosa Osaigbovo
Governance on the run? - By Dupe Ajayi-Gbadebo
Buhari, Decree 4 and 2007- By Debo Abdullahi
Where the King seats - By Smith Bam
4 Million Nigerians Suffer From Sickle Cell Desease Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
ys
Posted by T e x on :
quote:Originally posted by mnvestor: Purl, not sure of your motive or purpose, but your DD has been discussed in length on the old thread, it is unfortunate you failed to read the entire thread before posting your findings..your info is old and has been addressed several times
please, don't start...
if you have research to the contrary, please post it...
the whole point of the new thread--as I understand it--is to re-focus on the company and the stock...
make sense?
Posted by Purl Gurl on :
You will not censor my words nor censor my research findings. I will share research results as I please. You will not, under any circumstances, dictate what I may provide or not provide.
Are you clear on this?
Purl Gurl
Posted by mnvestor on :
Tex, makes sense, but why show up after a couple of down days and try to offer new revelations, which happen to be not so new??
Posted by amswap on :
quote:Originally posted by Purl Gurl: Thank you, Plain 10, I will read those.
For now, I am dishing out reality.
Purl Gurl
Yea right. I guess you would same the same thing about cancer as well. 'impossible' is simply an irresponsible statement.
Posted by amswap on :
quote:Originally posted by Purl Gurl: June, 2003
"Xechem has announced plans to set up a production plant in Nigeria to produce the sickle cell drug, which is expected to be place on the market before the end of the year.
The company has what it describes as “an international network of ethnobotanists, local folklore healers (shamens) and chemists” which it uses to screen natural products used by folklore healers for their potential therapeutic value."
"...on the market before the end of the year."
"...folklore healers...."
June, 2003
Purl Gurl
And what source is this from?
Posted by Purl Gurl on :
Amswap, your constant personal insults will not be tolerated. You have been repeatedly warned to not do this.
You will stop insulting me.
Purl Gurl
Posted by amswap on :
quote:Originally posted by Purl Gurl: Sixteen years to develop this company, burned through seventy-one-million dollars and still no revenue worthy of mention.
Purl Gurl
Finally quit saying 'no revenue'. At least you appear to be trying to build some credibility here.
Posted by money 76 on :
guys did u check this was on the newspaper today in nigeria . i think this is not posted by anyone imo .Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
Posted by Purl Gurl on :
Amswap, if you do not stop insulting me you will be removed from Allstocks.
Purl Gurl
Posted by mnvestor on :
money, saw it earlier, by the way it is on front page of guardian paper (online version)
Posted by amswap on :
quote:Originally posted by Purl Gurl: You will not censor my words nor censor my research findings. I will share research results as I please. You will not, under any circumstances, dictate what I may provide or not provide.
Are you clear on this?
Purl Gurl
Is who clear on this and what research have you posted. You are posting words here and htere without any basis for fact on who the words come from. You attempt to make some look as though the company is stating this and if you plan to do that, please provide either the entire article or a link to back the quotes up. You would ask no less of anyone else.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Amswap, your constant personal insults will not be tolerated. You have been repeatedly warned to not do this.
You will stop insulting me.
Purl Gurl
How is asking you to justify what you are saying an insult? Do you know the definition? Asking you where a source came from is not insulting. Is this your way to dodge a question? If you are making this stuff up, that's fine. If it is really comeing from someone other than you, all I am asking is who it is comeing from. How do you get insult from that?
Posted by mnvestor on :
Purl, as a courtesy to you I will post on Monday, when I have access to online medical journals, the studies involving Nicosan.
Posted by T e x on :
quote:Originally posted by mnvestor: Tex, makes sense, but why show up after a couple of down days and try to offer new revelations, which happen to be not so new??
many questions, here, mnvestor...
many questions...
suggest team approach
Posted by 10 on :
That would be great mnvestor...thank you...! (yeah i know it's for purl...but thanks!)
Posted by amswap on :
Is it possible for you to answer the questions purl? No insult here. Just wish you would let the others know the source of the information you are providing if it is at all true.
Posted by MoneyMoneyMoney on :
All stocks have to run its course. This one just so happens to have a high RSI and some selloff shown by the accumulation.
Wow, at it again....
Posted by T e x on :
quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Posted by Purl Gurl on :
"In July 2002, NIPRISAN was licensed to XECHEM Inc., a pharmaceutical company based in the USA by the Nigerian Federal Ministry of Health. The licensing agreement specified that the THP (Reverend Ogunyale), and NIPRD, would share the royalties accruing from the sale of NIPRISAN"
Niprisan was promised by Xechem to be on the market in 2003 year.
What happened to Niprisan?
Purl Gurl
Posted by amswap on :
My understanding Tex is the way they are extracting certain chemicals form the differnt plants. At least that was what I was told when I asked if it was only herbs, what could be the hold up here in the US and why would it need to be clinically trested before approval. I still don't comepletely understand the logic when there are no other chemicals involved. If they stated it was a dietary supplement, they could do anything they wanted.
Posted by MoneyMoneyMoney on :
quote:Originally posted by T e x:
quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Howdy Tex, for your #2 question I would have to add that the ONLY one that I know of is good ole Marinol. Marijuana turned pill form. Anti-emetic as described in my Davis Drug Guide.
Posted by 10 on :
quote:Originally posted by Purl Gurl: "In July 2002, NIPRISAN was licensed to XECHEM Inc., a pharmaceutical company based in the USA by the Nigerian Federal Ministry of Health. The licensing agreement specified that the THP (Reverend Ogunyale), and NIPRD, would share the royalties accruing from the sale of NIPRISAN"
quote:Originally posted by amswap: My understanding Tex is the way they are extracting certain chemicals form the differnt plants. At least that was what I was told when I asked if it was only herbs, what could be the hold up here in the US and why would it need to be clinically trested before approval. I still don't comepletely understand the logic when there are no other chemicals involved. If they stated it was a dietary supplement, they could do anything they wanted.
ya, I think this is a "pivot point"
Posted by amswap on :
The article states that Niprisan was expected to be registered, launched and marketed in 2003. There is not a word about it being 'promised'. There is a major difference in expecting something and promising it. A total manipulation of words, a gross misunderstanding of the article or completely misread. Whatever the reason, no one promised anything.
Posted by mnvestor on :
Definition of herb: Any vascular plant that never produces a woody stem Definition of drug: a substance used as a medication or in the preparation of medication b according to the Food, Drug, and Cosmetic Act (1) : a substance recognized in an official pharmacopoeia or formulary (2) : a substance intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease (3) : a substance other than food intended to affect the structure or function of the body (4) : a substance intended for use as a component of a medicine but not a device or a component, part, or accessory of a device
You tell me what Nicosan is... As a side note, per FDA a herb/vitamin/nutraceutical cannot claim they treat/cure a condition, which is why Nicosan is classified as a drug
Posted by Purl Gurl on :
Thank you, Plain 10, for your information.
I have previously posted that and your providing a link is just fine.
However, what I am discovering is a long trail of broken promises by Pandey. This is my point; he does not keep his promises.
This is a major red flag.
Purl Gurl
Posted by amswap on :
Could you name one promise that he himself has broken? You make the claim, please support your claim. As posted in both articles linked above, there is absolutely nothing about any promise to do anything. Is there a reason you go out of your way not to address 10of13 properly?
Posted by T e x on :
quote:Originally posted by MoneyMoneyMoney:
quote:Originally posted by T e x:
quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Howdy Tex, for your #2 question I would have to add that the ONLY one that I know of is good ole Marinol. Marijuana turned pill form. Anti-emetic as described in my Davis Drug Guide.
Well...I humbly suggest we -- as a team -- learn about good ol' Marinol.
Any volunteers?
Posted by 10 on :
quote:Originally posted by Purl Gurl: Thank you, Plain 10, for your information.
I have previously posted that and your providing a link is just fine.
However, what I am discovering is a long trail of broken promises by Pandey. This is my point; he does not keep his promises.
This is a major red flag.
Purl Gurl
the broken "promises" have been hit head on by government and red tape...it seems as if those broken "promises" have simply been delayed...and the time is upon us...
Posted by Dustoff101 on :
Dustoff post from Hot stocks.....
------------------------------------------------ 10 air cleaner time..........Better be more specific about my leed into " The Gates Foundation" just assumed everybody knew where I was headed...
Question: Could the foundation become involved in funding the project? They have spent Hundreds of millions of dollars in Africa on AIDS...
I have it mind, but do not think it will happen.. But! what if I'm wrong? Thats why I want to see the opinion of others.
The editorial by Phat man is crucial in my opinion, as a factor.
Posted by Purl Gurl on :
"Historically, a similar remedy was mentioned in the book titled “Iwosan” published by the late Dr. Odumosu at the turn of the century. However, the modern day origin of what later became patented as NIPRISAN was due to the late Rev. Paul Ogunyale, then Pastor of the First Baptist Church in Ibadan, Oyo State, Nigeria, who brought the attention of Prof. Charles Wambebe, former Director General, NIPRD in late 1992 to a herbal recipe of the drug."
____
This herbal mixture was not discovered nor developed by Pandey. This mixture has been in existence for close to one-hundred years.
Why the need to spend tens of millions of dollars on this?
How much money is being paid to Nigeria? How much money is being paid to Ogunyale? How much harm was caused to Nigeria by Xechem taking away the jobs of thousands?
Why was the original deal so closely guarded in secrecy? Why the public uproar and subsequent authoritarian intervention?
What deals have been cut behind closed doors?
Purl Gurl
Posted by 10 on :
quote:Originally posted by T e x:
quote:Originally posted by MoneyMoneyMoney:
quote:Originally posted by T e x:
quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Howdy Tex, for your #2 question I would have to add that the ONLY one that I know of is good ole Marinol. Marijuana turned pill form. Anti-emetic as described in my Davis Drug Guide.
Well...I humbly suggest we -- as a team -- learn about good ol' Marinol.
Any volunteers?
(hand raised super high)
PICK ME! PICK ME!
Posted by T e x on :
quote:Originally posted by 10:
quote:Originally posted by Purl Gurl: "In July 2002, NIPRISAN was licensed to XECHEM Inc., a pharmaceutical company based in the USA by the Nigerian Federal Ministry of Health. The licensing agreement specified that the THP (Reverend Ogunyale), and NIPRD, would share the royalties accruing from the sale of NIPRISAN"
quote:Local scientists claim that the sale of rights to the patent was illegal and against the national interest. In a petition to Nigerian President Olusegun Obasanjo, staff members at NIPRD also claim that the sale of the patent was illegal, as it was done without the health ministry's approval.
Posted by MoneyMoneyMoney on :
how does MARINOL® work? MARINOL® (dronabinol) is a synthetic version of a naturally occurring compound known as delta-9-THC. Delta-9-THC stimulates appetite and reduces nausea and vomiting by binding to special receptors found in your nervous system.
quote:Originally posted by mnvestor: 71 million is a drop in the bucket when it comes to bringing drugs to market...thank you for pointing this out, even more evidence as to the real value of this company
true dat....
two points:
1) "pharm" plays test investors re R&D
2) is this *really* a pharm play? ie, when does a "herbal" blend become a "drug"?
Howdy Tex, for your #2 question I would have to add that the ONLY one that I know of is good ole Marinol. Marijuana turned pill form. Anti-emetic as described in my Davis Drug Guide.
Well...I humbly suggest we -- as a team -- learn about good ol' Marinol.
Any volunteers?
(hand raised super high)
PICK ME! PICK ME!
Go!
lol, I think I'm falling in love...
Posted by Purl Gurl on :
"...Prof. Charles Wambebe, former Director General, NIPRD in late 1992...."
This is about the time Pandey entered the picture and began burning through all that seventy-one-million dollars with zero results.
How much is Pandey worth? How much is he being paid to produce no revenue? What cut of the seventy-one-million dollars is in Pandey pockets?
Purl Gurl
Posted by 10 on :
quote:Originally posted by Dustoff101: Dustoff post from Hot stocks.....
------------------------------------------------ 10 air cleaner time..........Better be more specific about my leed into " The Gates Foundation" just assumed everybody knew where I was headed...
Question: Could the foundation become involved in funding the project? They have spent Hundreds of millions of dollars in Africa on AIDS...
I have it mind, but do not think it will happen.. But! what if I'm wrong? Thats why I want to see the opinion of others.
The editorial by Phat man is crucial in my opinion, as a factor.
does anyone recall Phat's post? Purl...would you have an opinion? Speculation anyone?
It's something to ponder...
Posted by T e x on :
quote:Originally posted by Purl Gurl: "...Prof. Charles Wambebe, former Director General, NIPRD in late 1992...."
This is about the time Pandey entered the picture and began burning through all that seventy-one-million dollars with zero results.
How much is Pandey worth? How much is he being paid to produce no revenue? What cut of the seventy-one-million dollars is in Pandey pockets?
Purl Gurl
as always, good questions...
let's figure it out...
we got an "Allstocks" type-thread going now, imo...
Posted by Egg Inspector on :
quote:Originally posted by amswap: Egg, there was only one mention of the launch from a news agency I had never heard of. That was part of what we were trying to do and get the people at xechem to answer questions about along with the dilution rumor. We heard nothing from anyone and that has me a little upset witht he whole thing. They should be letting us know something. Also, if you look at their pr's, I don't think you will find a mention of many of the promised things we were looking for. It was all based on rumors and reports from unverified sources.
Ams...I am going to get to the bottom of this. If I have to go to Nigeria I am going to find out if this is smoke and mirrors, or what. My gut says it is not. they have been around a long time, they are definitely a real company Xechem, but this NISOSAN distributorship/factory. if it is a farce, I will be completely surprised, and I'm sure to become as jaded as ___________.(worst basher you know -fill in the blank)
Posted by amswap on :
quote:Originally posted by Purl Gurl: "...Prof. Charles Wambebe, former Director General, NIPRD in late 1992...."
This is about the time Pandey entered the picture and began burning through all that seventy-one-million dollars with zero results.
How much is Pandey worth? How much is he being paid to produce no revenue? What cut of the seventy-one-million dollars is in Pandey pockets?
Purl Gurl
Just the type of comments that are unnecessary here. Purely uncalled for. How can you say zero results when they are this close to launch or have just launched? People have told you and told you that 71 mil is a small price to pay to bring a 'drug' to market. What other misleading questions can you bring to the table? The same old ones are getting tiresome. Oh, and no insult was inferred or intended purposely or unintentionally. I need to make sure I tell you that so you don't get upset and read something that was never there.
Posted by Purl Gurl on :
BEGIN
Xechem v. UT
In Xechem Int'l, Inc., v. Univ. of Texas, et al., No. 03-1406 (Fed. Cir. Aug. 31, 2004), the federal circuit affirmed the dismissal of a suit in federal court to correct inventorship of University of Texas' ("UT's") '205 and '333 patents, based UT's Eleventh Amendment immunity.
Pursuant to a joint agreement between Xechem and UT, researchers developed a pharmaceutical formulation that would enhance the effectiveness of the cancer drug paclitaxel. Xechem prepared a patent application naming inventors from Xechem and UT, but UT objected to the designation of inventorship. UT filed a patent application naming its Dr. Andersson as the sole inventor, and several months later, Xechem's Dr. Pandey acknowledged UT’s Dr. Andersson as the sole inventor. A license agreement granted Xechem exclusive worldwide license to manufacture and market the paclitaxel formulations and obligated Xechem to pay certain continuing sums and a royalty to UT. Thereafter, UT terminated the license claiming Xechem was insolvent, Xechem sued for correction of inventorship and a declaration of noninfringement, and UT's motion to dismiss was granted.
On appeal, the federal circuit rejected Xechem's argument....
END
Frivolous lawsuit by Pandey. Appears to me Pandey tried to screw the University of Texas.
Purl Gurl
Posted by mnvestor on :
This herbal mixture was not discovered nor developed by Pandey. This mixture has been in existence for close to one-hundred years.
Why the need to spend tens of millions of dollars on this? Have you ever worked on bringing a drug to market? I have and I will tell you it is a very complex process, more than skinning the bark off willow trees if you catch my drift...
How much money is being paid to Nigeria? Improved quality of life How much money is being paid to Ogunyale? Improved quality of life How much harm was caused to Nigeria by Xechem taking away the jobs of thousands? Improved quality of life
Posted by MoneyMoneyMoney on :
Marinol's molecular structure if we have any chemist or scientists.
Posted by Purl Gurl on :
Amswap, you are deliberately harassing me.
Your behavior is abhorrent and unacceptable.
Purl Gurl
Posted by Dustoff101 on :
amswap, cool it! we are trying to get to the bottom of this issue..
Posted by amswap on :
Misleading once again. The court never said it was a frivolous lawsuit. They simply granted a motion to dismiss. How could any logical thinking person associate the two. There are 1000's of very worthwhile cases thrown out on a motion to dismiss for a myriad of reasons. Ask any attorney involved in any lawsuit and they will tell you it takes very little credible evidence to keep a case in court. All up to the argument of the attorneys and the impression it makes on the judge hearing the case. Nothing frivilous was mentioned and if it was, please provide a source for verification!
Posted by Purl Gurl on :
A pattern I have discovered is Pandey is borrowing a lot of money, using share holder's money, involved with Blech, burned through seventy-one-million dollars, produced no results, laying claim to discoveries made by others, filing frivolous lawsuits, making a lot of promises he never kept and claims a subsidiary retail outlet which appears to simply not exist.
Purl Gurl
Posted by amswap on :
Can someone tell me what I'm doing wrong? She is amking statements and I am either bringing the truth to the situation or asking for verification. What in the world is wrong with that. No namecalling, no nothing but asking for proof and clarifying.
Posted by Purl Gurl on :
Amswap, I have a better idea. Stop harassing me.
Purl Gurl
Posted by Dustoff101 on :
amswap, no prob. with post 23;56 hrs. It's the attitude thats driving some folks Nuts!
The trash comments set the barometer..
Posted by MoneyMoneyMoney on :
quote:Originally posted by amswap: Misleading once again. The court never said it was a frivolous lawsuit. They simply granted a motion to dismiss. How could any logical thinking person associate the two. There are 1000's of very worthwhile cases thrown out on a motion to dismiss for a myriad of reasons. Ask any attorney involved in any lawsuit and they will tell you it takes very little credible evidence to keep a case in court. All up to the argument of the attorneys and the impression it makes on the judge hearing the case. Nothing frivilous was mentioned and if it was, please provide a source for verification!
We are all logical thinkers to some degree. Cool it man.... We are all here to make money, being down is hard enough! Lets protect our capital and find out what the heck is going on.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Amswap, you are deliberately harrassing me.
Your behavior is abhorrent and unacceptable.
Purl Gurl
explain exactly what I am doing to harass you? You make a claim and when you are wrong or provide no verification, I am simply asking for some. Is that not what this board is for? Or are you allowed to say anything whether there is a thread of proof or you know it to be an outright misinterpretation? Asking for sources or clarification is in no way harassment. I'm very sorry if the questions I ask are too difficult for you to answer, but harassment it is not.
Posted by mnvestor on :
No pattern, just pursuit of what he thinks is best for his country people, as an educator you should praise someone like Pandey who dedicates his entire life to research in a product he believes will change the lives of many, it is a shame you try to shed a negative image of such an individual.
Posted by T e x on :
Obasanjo restates focus on better economy From Emeka Anuforo, Abuja Friday, July 07, 2006
USING THE LINK ABOVE, THIS IS ALL YOU GET 10:
Zope Error Zope has encountered an error while publishing this resource.
Error Type: KeyError Error Value: 090706
Posted by JohnDoe on :
ermm..ok,Purl i know your intention is to protect us newbie from Co that scam people.but deleting the old threads that has a TONS of DD on it was uncall for.People knows once they enter pennyland is mostly scammer and MM manipulation and Co diluting it's shares...AND... you ask do i care? No i don't care because as long as i make money out of it it's really doesn't matters to me scam or no scam.Peoples know not to hold long in penny stock and if they want to that's their choice. PS So what do you guys think Xkem gonna do in couple of days as for me i will wait for this stock to dip aroung .04-.05 i'll jump back in
thanks
Posted by Purl Gurl on :
So there you have it folks.
You have one person who attempts to dictate what I may or may not post.
You also have another person sitting there anxiously waiting for my next article so he can harass me.
This, again, as with other threads, well exemplifies what pump and dump people will do to silence a voice which does not toe their party line agenda.
Today, unprovoked insults of a most vulgar type, threats of lawsuits, threats of having me banished, attempts to silence my voice, on and on and on....
These are the behaviors of pump and dump people who are intent on stealing your money.
Ciao!
Purl Gurl
Posted by amswap on :
OK Obviousley she can badger people and belittle them to no end and noone says anything to her. But let someone know what she is saying is completely wrong and it is harassing. Pretty sad that people get away with it, but that's alright. I will keepo my posts directed at only defending the lies she posts and nothing personal will be added.
Posted by 10 on :
quote:Originally posted by Purl Gurl: A pattern I have discovered is Pandey is borrowing a lot of money, using share holder's money, involved with Blech, burned through seventy-one-million dollars, produced no results, laying claim to discoveries made by others, filing frivolous lawsuits, making a lot of promises he never kept and claims a subsidiary retail outlet which appears to simply not exist.
Purl Gurl
I'm not sure I see a pattern...XKEM "PURCHASED the rights to the drug from Nigeria...i'm sure that it wasn't cheap...
I am seeing many things that point to very costly endeavors...
and as Dustoff has pointed out...how mush was contibuted from "groups" in the fight on aids...for that matter any "illness"...it isn't cheap to research and create medicine...71 million over how long of a period? I don't know Purl...are ya diggin here?
Posted by T e x on :
Amswap,
a quick scan only...if earlier posts relevant, please comment. As I see it, went astray here:
quote:Just the type of comments that are unnecessary here. Purely uncalled for. How can you say zero results when they are this close to launch or have just launched? People have told you and told you that 71 mil is a small price to pay to bring a 'drug' to market. What other misleading questions can you bring to the table? The same old ones are getting tiresome. Oh, and no insult was inferred or intended purposely or unintentionally. I need to make sure I tell you that so you don't get upset and read something that was never there.
you're *not* offering DD, but instead dredging up the "past" personal issues. To move forward, we need to focus on solid DD...
Posted by amswap on :
quote:Originally posted by Purl Gurl: So there you have it folks.
You have one person who attempts to dictate what I may or may not post.
You also have another person sitting there anxiously waiting for my next article so he can harass me.
This, again, as with other threads, well exemplifies what pump and dump people will do to silence a voice which does not toe their party line agenda.
Today, unprovoked insults of a most vulgar type, threats of lawsuits, threats of having me banished, attempts to silence my voice, on and on and on....
These are the behaviors of pump and dump people who are intent on stealing your money.
Ciao!
Purl Gurl
Sorry, can't do it. How is asking for a link and calling on a misstatement harassing. You have yet to answer that. I am supposed to allow you to continue to lie to people and say nothing? What have I done ONE TIME that was considered pumping? You say he promised, never happened. You say blow money without proof. You say harassment and never explain how. You say lots of things without any support and when called to back it up with some sort of proof, you scream harassment. Is this board not for discussing? If you make a false claim, am I just supposed to look the other way and allow your non truth remarks to be taken as fact? Not likely.
Posted by Egg Inspector on :
I actually find myself asleep as I try to catch-up from pg. 2 finger leaning on the scroll button or better yet, trying to post and a million EXLAMATION point! LOL
good night, Ill pick it up in the morlllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll lllll..
see, I really just did this...LOL I deleted about 50 more lines.
ning. Posted by Purl Gurl on :
"...71 million over how long of a period?"
Over sixteen years. Pandey and family have enjoyed a very comfortable life!
* thinks of laser keyboards *
That does it. I have made an effort to open the eyes of readers to see what is really going on; pump and dump.
A rather objective effort, at that.
Now try to censor me again. Next time I might just become angry and humiliate you so severely you will never show up here again.
Purl Gurl
Posted by Dustoff101 on :
10 edit button? spleling,had to look twice.lol
Posted by JohnDoe on :
quote:Originally posted by T e x: Amswap,
a quick scan only...if earlier posts relevant, please comment. As I see it, went astray here:
quote:Just the type of comments that are unnecessary here. Purely uncalled for. How can you say zero results when they are this close to launch or have just launched? People have told you and told you that 71 mil is a small price to pay to bring a 'drug' to market. What other misleading questions can you bring to the table? The same old ones are getting tiresome. Oh, and no insult was inferred or intended purposely or unintentionally. I need to make sure I tell you that so you don't get upset and read something that was never there.
you're *not* offering DD, but instead dredging up the "past" personal issues. To move forward, we need to focus on solid DD...
Tex: you're right..but on the old thread there is up to date DD on it since the beginning of the theads what more DD do you want on a late saturday night:).If you want more we have to wait till Monday for up to date DD hehehe:)J/K
Posted by MoneyMoneyMoney on :
quote:Originally posted by amswap: OK Obviousley she can badger people and belittle them to no end and noone says anything to her. But let someone know what she is saying is completely wrong and it is harassing. Pretty sad that people get away with it, but that's alright. I will keepo my posts directed at only defending the lies she posts and nothing personal will be added.
Its all about your wording and the respect given when expressing them.
Posted by amswap on :
quote:Originally posted by T e x: Amswap,
a quick scan only...if earlier posts relevant, please comment. As I see it, went astray here:
quote:Just the type of comments that are unnecessary here. Purely uncalled for. How can you say zero results when they are this close to launch or have just launched? People have told you and told you that 71 mil is a small price to pay to bring a 'drug' to market. What other misleading questions can you bring to the table? The same old ones are getting tiresome. Oh, and no insult was inferred or intended purposely or unintentionally. I need to make sure I tell you that so you don't get upset and read something that was never there.
you're *not* offering DD, but instead dredging up the "past" personal issues. To move forward, we need to focus on solid DD...
I agree Tex. But the crap she keeps putting out there is blatantly false and rath than everyone dump on me, they should be telling her to stop with the bs. I am the only one calling her on it and it is being called harassment. I will stop with the editorial stuff, but I will not allow her to keep spilling the lies. She knows better and is simply doing what she can to get me in trouble. All on here know what trouble she is capable of causing and yet they still allow her to post. DD is one thing. Please show me on ounce that she has contributed?
Posted by T e x on :
quote:Originally posted by amswap:
quote:Originally posted by Purl Gurl: So there you have it folks.
You have one person who attempts to dictate what I may or may not post.
You also have another person sitting there anxiously waiting for my next article so he can harass me.
This, again, as with other threads, well exemplifies what pump and dump people will do to silence a voice which does not toe their party line agenda.
Today, unprovoked insults of a most vulgar type, threats of lawsuits, threats of having me banished, attempts to silence my voice, on and on and on....
These are the behaviors of pump and dump people who are intent on stealing your money.
Ciao!
Purl Gurl
Sorry, can't do it. How is asking for a link and calling on a misstatement harassing. You have yet to answer that. I am supposed to allow you to continue to lie to people and say nothing? What have I done ONE TIME that was considered pumping? You say he promised, never happened. You say blow money without proof. You say harassment and never explain how. You say lots of things without any support and when called to back it up with some sort of proof, you scream harassment. Is this board not for discussing? If you make a false claim, am I just supposed to look the other way and allow your non truth remarks to be taken as fact? Not likely.
good post...you have specific points, priorities arranged
let's deconstruct...one point at a time
1) "You say he promised, never happened."
let's focus on that, for now
Posted by Purl Gurl on :
Oh yeah, someone drop kick that idiotic chihuahua for me, will ya?
Purl Gurl
Posted by 10 on :
quote:Originally posted by Dustoff101: 10 edit button? spleling,had to look twice.lol
?
Ok..sorry...screw it...no one's reading it anyways!
Posted by amswap on :
quote:Originally posted by Purl Gurl: "...71 million over how long of a period?"
Over sixteen years. Pandey and family have enjoyed a very comfortable life!
* thinks of laser keyboards *
That does it. I have made an effort to open the eyes of readers to see what is really going on; pump and dump.
A rather objective effort, at that.
Now try to censor me again. Next time I might just become angry and humiliate you so severely you will never show up here again.
Purl Gurl
And this isn't harassment? You couldn't say a word to humiliate me.
Posted by T e x on :
"She knows better and is simply doing what she can to get me in trouble"
That's lame, Amswap...only you can get yourself in trouble...lol
let's focus on your points, one at a time...
Posted by mnvestor on :
Please research the length of time it takes to bring a drug to market. Several revolutionary medicines took nearly 20yrs from inception to market. It is not uncommon for large NYSE companies to spend 15yrs bringing drugs to market. Something to think about...
Posted by amswap on :
Taken a bit out of context Tex. I agree with moving on. TOo bad we can't do it without her here.
Posted by Dustoff101 on :
I'm telling ya folks, listen to Purl Gurl...
Whale is only providing a platform for you to look at an issue in totality!
Posted by 10 on :
quote:Originally posted by Purl Gurl: Oh yeah, someone drop kick that idiotic chihuahua for me, will ya?
Purl Gurl
LOL..what does this mean...I just invision Tex, Dust and several others kickin' a little dog...
Posted by T e x on :
quote:Originally posted by amswap: Taken a bit out of context Tex. I agree with moving on. TOo bad we can't do it without her here.
I can... "she/he" doesn't bother me...
let's get back to your numbered points, if you will
Posted by Peaser01 on :
I guess I better catch up. Posted by Dustoff101 on :
peas, yes Lad you should..LOL
Posted by amswap on :
Peaser!!! Glad you're here.
Posted by *Mag* on :
quote:Originally posted by Peaser01: I guess I better catch up.
yeah at the rate this thread is movin it's gonna surpass the 244 pages the deleted XKEM thread had by monday.
Posted by T e x on :
quote:Originally posted by 10:
quote:Originally posted by Purl Gurl: Oh yeah, someone drop kick that idiotic chihuahua for me, will ya?
Purl Gurl
LOL..what does this mean...I just invision Tex, Dust and several others kickin' a little dog...
lol, can we stay "on-point* here...
Posted by 10 on :
quote:Originally posted by Dustoff101: I'm telling ya folks, listen to Purl Gurl...
Whale is only providing a platform for you to look at an issue in totality!
Yes...she is trying to shed light on the "other" side...there are always 2 sides to everything...
Purl isn't wanting people to fall in love with this stock...her point is...(I think) to be very careful...she sees loads of warning signs!
It's her way of "helping"...she isn't "bashing" she's not out to get anyone...she is strongly pointing out the bad sides...things that some people are refusing to see... things that are needed to be seen...not all the pretty flowers that some posters paint!
Posted by amswap on :
If you go and look at all the pr's put out by the company itself, there is nothing about all the promotional stuff with the lauch or anything else. Everythiing I see about the lauch and everything else was done by other parties.
Posted by Dustoff101 on :
answap, you have a friend..LOL on the Peaser!!!!we could all feel the sigh of relief.hehe
Posted by Stock_Feign on :
hello people.
Posted by amswap on :
10, I don't think there are many people at all painting pretty flowers about this one. There is a huge difference in seeing another side and creating lies about it. I hope all would agree that there are tons of unanswered questions here. Finding the answers won't be easy until we hear from the company, which should be very soon.
Posted by 10 on :
quote:Originally posted by Stock_Feign: hello people.
Dude....!!!!
Posted by Peaser01 on :
Pages are just dissapearring from everywhere it seems. lol
Re-posting DD sux. Not gonna do it.
Posted by amswap on :
STOCK!!!!!!!!!!!!!!!!!!!!!!!! How are ya????
Posted by Stock_Feign on :
i only died for couple hours, they put me back to life and now i can walk. so no i didnt die completely yet
Posted by 10 on :
quote:Originally posted by Peaser01: Pages are just dissapearring from everywhere it seems. lol
No you've just been sleepin'...and were dreaming up that the thread was 244 pages long...it's really only about 5
Posted by T e x on :
Amswap, you write:
quote:I agree Tex. But the crap she keeps putting out there is blatantly false and rath than everyone dump on me, they should be telling her to stop with the bs. I am the only one calling her on it and it is being called harassment.
All you have to do is provide reasonable evidence of the "crap."
lol, we --neither you nor I--should expect folks to believe something is crap just cuz we post it's "crap."
You had a numbered list... let's explore that list.
Posted by amswap on :
Lots of people were worried about you. They destroyed the old board a couple of hours ago or I would tell you to see all the people hoping you were alright. So tell us what happened.
Posted by Stock_Feign on :
hey AMS and 10. i finally walk now, i was out the hospital couple days ago, i got 21 staples in my head and 14 stitches across my forehead and bruses everywhere else...but not dead yet. trust me i have been watching the stock as much as i could since i wheeled myself from my hospital bed to the nearest computer room they had.
Posted by amswap on :
quote:Originally posted by T e x: Amswap, you write:
quote:I agree Tex. But the crap she keeps putting out there is blatantly false and rath than everyone dump on me, they should be telling her to stop with the bs. I am the only one calling her on it and it is being called harassment.
All you have to do is provide reasonable evidence of the "crap."
lol, we --neither you nor I--should expect folks to believe something is crap just cuz we post it's "crap."
You had a numbered list... let's explore that list.
I have never posted a numbered list. You have me confused with someone else.
Posted by 10 on :
quote:Originally posted by Stock_Feign: hey AMS and 10. i finally walk now, i was out the hospital couple days ago, i got 21 staples in my head and 14 stitches across my forehead and bruses everywhere else...but not dead yet. trust me i have been watching the stock as much as i could since i wheeled myself from my hospital bed to the nearest computer room they had.
Glad to hear that you are doing better...are you going to stay off of the bike now? Please!
Posted by MoneyMoneyMoney on :
amswap [/QUOTE]Sorry, can't do it. How is asking for a link and calling on a misstatement harassing. You have yet to answer that. I am supposed to allow you to continue to lie to people and say nothing? What have I done ONE TIME that was considered pumping? You say he promised, never happened. You say blow money without proof. You say harassment and never explain how. You say lots of things without any support and when called to back it up with some sort of proof, you scream harassment. Is this board not for discussing? If you make a false claim, am I just supposed to look the other way and allow your non truth remarks to be taken as fact? Not likely. [/QB][/QUOTE]
Posted by Stock_Feign on :
and thank you guys for the concern. I never once in my life had to rely on a tube down my lungs to keep me alive, the worse feeling in the world is not to be able to chose when to grasp air that we take for granted. Things happend, some are less for fortunate then others, but there is a lesson in every fall.
Posted by Purl Gurl on :
"...Thereafter, UT terminated the license claiming Xechem was insolvent...."
There is your bottom line. Xechem *is* insolvent; beyond bankruptcy.
What implications does this hold for share holders?
Dilution, heavy long lasting dilution for months and months and months... and in the end, no results except for a reverse split to knock out share holders followed by printing of another billion shares to start the Raving Moon game all over.
You people need to take off your Rose Colored Shades.
Purl Gurl
Posted by amswap on :
Ah yes. That list. I didn't realize I put it in numered order.
Ok, the statemnent was that Pandey (We'll say Xechem) promised the drug (or herb) would be done in 2003 and questioned why it wasn't done then. I remarked that the article linked stated it was 'expected' to be launched, not promised. Either way, 10 posted a link at to one of the reasons why it wasn't done in 2003. Should be the end of that one, but let's tackle it. Who has a question about the difference between an expectation and a promise?
Posted by Stock_Feign on :
just so you guys know i did call the "head" office in New Jersey and spoke to Barbara. She is ignorant when it comes to giving information about the company so i lied about who i was and said i was an attorney of law representing shareholders that are being mislead by false information and lack of integrity and transparence with shareholers, she didnt know what to do so she gave me the number to their attorney office in Chicago where i spoke to Susan...XKEM in my honest opinion has lost every bit of credibility on my side at every angle, i tried to not look at it as an empty shell like most the pinks and otcs but...truth is hard to beleive sometimes.
Posted by T e x on :
quote:Originally posted by amswap:
quote:Originally posted by T e x: Amswap, you write:
quote:I agree Tex. But the crap she keeps putting out there is blatantly false and rath than everyone dump on me, they should be telling her to stop with the bs. I am the only one calling her on it and it is being called harassment.
All you have to do is provide reasonable evidence of the "crap."
lol, we --neither you nor I--should expect folks to believe something is crap just cuz we post it's "crap."
You had a numbered list... let's explore that list.
I have never posted a numbered list. You have me confused with someone else.
you are correct...
your list, in fact, was not numbered, not even bulleted...
I will be much *much* more attentive in the future...
you did post:
quote:Sorry, can't do it. How is asking for a link and calling on a misstatement harassing. You have yet to answer that. I am supposed to allow you to continue to lie to people and say nothing? What have I done ONE TIME that was considered pumping? You say he promised, never happened. You say blow money without proof. You say harassment and never explain how. You say lots of things without any support and when called to back it up with some sort of proof, you scream harassment. Is this board not for discussing? If you make a false claim, am I just supposed to look the other way and allow your non truth remarks to be taken as fact? Not likely.
should I make that a "list," for clarification?
Posted by *Mag* on :
OK Purl; but I refuse to take off my hat! Posted by 10 on :
Purl writes:
"What implications does this hold for share holders?
Dilution, heavy long lasting dilution for months and months and months... and in the end, no results except for a reverse split to knock out share holders followed by printing of another billion shares to start the Raving Moon game all over."
That I have to agree with....
Posted by mnvestor on :
Stock, please elaborate on your conversation with Susan...
Posted by MoneyMoneyMoney on :
Lilley, Harrington, Snyder Pharmacology and the Nursing Process pg. 52
Expedited Drug Approval - FDA has attempted to make life-saving drug therapies available to the population sooner by offering an "expedited drug approval" process. If Phase I and II clinical trials show favorable results, the overall process of drug approval is hastened as much as possible.
Now does anyone know offhand what phase of which trial that Nicosan is supposed to be included within?
Posted by amswap on :
quote:Originally posted by Purl Gurl: "...Thereafter, UT terminated the license claiming Xechem was insolvent...."
There is your bottom line. Xechem *is* insolvent; beyond bankruptcy.
What implications does this hold for share holders?
Dilution, heavy long lasting dilution for months and months and months... and in the end, no results except for a reverse split to knock out share holders followed by printing of another billion shares to start the Raving Moon game all over.
You people need to take off your Rose Colored Shades.
Purl Gurl
Nothing more than correcting this statement: The correct wording was alleged insolvency. The entire article is listed here for verification and to dispel the misguided quote above:
United States Court of Appeals for the Federal Circuit
03-1406
XECHEM INTERNATIONAL, INC.,
Plaintiff-Appellant,
v.
THE UNIVERSITY OF TEXAS M.D. ANDERSON CANCER CENTER and BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM,
Defendants-Appellees.
John P. Luther, Law Office of John P. Luther, of Kent, Washington, argued for plaintiff-appellant.
David L. Parker, Fulbright & Jaworski L.L.P., of Austin, Texas, argued for defendants-appellees. With him on the brief were Marcy Hogan Greer and Robert E. Hanson, Jr..
Appealed from: United States District Court for the Southern District of Texas
Judge Ewing Werlein, Jr.
United States Court of Appeals for the Federal Circuit
03-1406
XECHEM INTERNATIONAL, INC.,
Plaintiff-Appellant,
v.
THE UNIVERSITY OF TEXAS M.D. ANDERSON CANCER CENTER and BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM,
Defendants-Appellees.
__________________________
DECIDED: August 31, 2004 __________________________
Before NEWMAN, GAJARSA, and LINN, Circuit Judges.
Opinion for the court filed by Circuit Judge NEWMAN; additional views by Judge Newman.
NEWMAN, Circuit Judge.
Xechem International, Inc., a biopharmaceutical company, brought suit against the University of Texas M.D. Anderson Cancer Center and the Board of Regents of the University of Texas System (collectively "the University") in the United States District Court, raising several federal and state counts arising from a collaborative project between Xechem and the University. In response to the complaint the University asserted its Eleventh Amendment and state immunity from suit, and the United States District Court for the Southern District of Texas granted the University's motion to dismiss on the pleadings, Fed. R. Civ. P. 12(b)(6). The only issue on appeal is whether the University is subject to suit in federal court to obtain correction of the inventorship of United States Patents No. 5,877,205 and 6,107,333, the patents flowing from the project. We affirm the dismissal, for Supreme Court precedent controls the arguments raised by Xechem with respect to waiver or abrogation of the University's Eleventh Amendment immunity.
Standards of Review The University's motion to dismiss was brought under Fed. R. Civ. P. 12(b)(6) (dismissal for failure to state a claim upon which relief can be granted). When dismissal is on the pleadings, the plaintiff's well-pleaded factual allegations are accepted as true and all reasonable factual inferences are drawn in its favor. See Albright v. Oliver, 510 U.S. 266, 268 (1994) (on motion to dismiss on the pleadings, disputed material facts are viewed in the light most favorable to the complainant). Dismissal under Rule 12(b)(6) receives plenary appellate review. Boyle v. United States, 200 F.3d 1369, 1371 (Fed. Cir. 2000); Young v. AGB Corp., 152 F.3d 1377, 1379 (Fed. Cir. 1998). Matters of constitutional law and interpretation also receive plenary review. Arbon Steel & Serv. Co. v. United States, 315 F.3d 1332, 1334 (Fed. Cir. 2003); Florida Sugar Mktg. & Terminal Assoc., Inc. v. United States, 220 F.3d 1331, 1333 (Fed. Cir. 2000).
BACKGROUND The basic facts are generally undisputed: Xechem and the University in 1995 entered into a Sponsored Laboratory Study Agreement, with financial and technical support by Xechem, for the purpose of developing a pharmaceutical formulation that would enhance the solubility and thereby the effectiveness of the cancer drug paclitaxel. The persons principally involved in the project were Dr. Ramesh C. Pandey, president and CEO of Xechem; Dr. Luben K. Yankov, a scientist employed by Xechem; and Dr. Borje S. Andersson and Dr. Elias Anaissie, scientists employed by the University. The complaint states that a successful formulation was developed, and that Xechem prepared a patent application naming Dr. Pandey of Xechem and Dr. Andersson of the University as joint inventors, and in early 1996 sent the draft application to the University. The University objected to the designation of inventorship, and on June 28, 1996 the University filed a patent application in the United States Patent and Trademark Office, naming Dr. Andersson as sole inventor. On November 13, 1996 Dr. Pandey wrote to the University as follows: Further to our conversation of today, as you have requested I am now forwarding you this letter in which I recognize Dr. Borge S. Andersson, as the sole inventor of the above referenced patent application. I look forward to receiving Dr. Andersson's comments of the Draft Patent Application and to wrap-up the licensing negotiations concerning the subject matter of the application.
On August 18, 1997 Xechem and the University entered into a Patent and Technology License Agreement whereby Xechem received the exclusive worldwide license to manufacture and market these paclitaxel formulations, and Xechem agreed to pay certain continuing sums and a royalty. Xechem also agreed to pay the costs of obtaining the patents in the United States and foreign countries. The University's patent application issued as the '205 patent on March 2, 1999, and a divisional application, also naming Dr. Andersson as sole inventor, issued as the '333 patent on August 22, 2000. Both patents were assigned by Dr. Andersson to the University. On February 15, 2000 Xechem was notified that the University considered the License Agreement to have terminated automatically no later then December 31, 1998, due to Xechem's alleged insolvency, and that any use of this technology by Xechem was deemed to be patent infringement. Xechem then filed suit in federal court, presenting several counts sounding in tort and contract and also seeking correction of inventorship and a declaration of non-infringement. Xechem stated that Dr. Pandey made a mistake when he acquiesced in the naming of Dr. Andersson as sole inventor, and asked the court to determine the correct inventorship. Apparently upon the University's claim of sovereign immunity from state as well as federal action, the state law tort and contract counts were withdrawn by Xechem. This appeal relates only to the dismissal, on Eleventh Amendment grounds, of the inventorship correction claim. DISCUSSION
The University of Texas is deemed to be an arm of the State of Texas, see Tex. Code §441.101(3), and Xechem does not dispute that the University is properly accorded Eleventh Amendment immunity. See Regents of the Univ. of New Mexico v. Knight, 321 F.3d 1111, 1124 (Fed. Cir. 2003) (recognizing the status of a state university as an arm of the state). The Supreme Court has addressed Eleventh Amendment immunity as it pertains to violation of federal patent and trademark laws. In Florida Prepaid Postsecondary Education Expense Board v. College Savings Bank, 527 U.S. 627 (1999) and College Savings Bank v. Florida Prepaid Postsecondary Education Expense Board, 527 U.S. 666 (1999) the Court invalidated the legislative abrogation of state immunity from suit under these laws. In Florida Prepaid the Court ruled that the Eleventh Amendment was violated by the Patent and Plant Variety Protection Remedy Clarification Act of 1992, Pub. L. 102-560, 106 Stat. 4230 (codified at 35 U.S.C. §§271(j), 296). In College Savings the Court reached the same result with respect to abrogation of immunity by the Trademark Remedy Clarification Act of 1992, Pub. L. 102-542, 106 Stat. 3567 (codified at 15 U.S.C. §§ 1051, 1114, 1122). The Court held that Eleventh Amendment immunity may be abrogated "only where the State provides no remedy, or only inadequate remedies, to injured patent owners for its infringement of their patent could a deprivation of property without due process result," thereby invoking the Fourteenth Amendment. Florida Prepaid, 527 U.S. at 643. The Court also referred to lack of a "pattern of patent infringement by the States," id. at 640, in suggesting that legislative remedy had not been shown to be necessary.
The Court stressed the exclusive role of the Fourteenth Amendment in abrogation of Eleventh Amendment immunity in Tennessee v. Lane, ___ U.S. ___, 124 S. Ct. 1978 (2004), where the Court sustained abrogating legislation against constitutional challenge, holding that "Title II [of the Americans with Disabilities Act] unquestionably is valid §5 legislation as it applies to the class of cases implicating the accessibility of judicial services." 124 S. Ct. at 1993. The Court stated: Title II -- unlike RFRA [the Religious Freedom Restoration Act of 1993, held unconstitutional in City of Boerne v. Flores, 521 U.S. 507 (1997)], the Patent Remedy Act [held unconstitutional in Florida Prepaid, 527 U.S. at 547-48], and the other statutes we have reviewed for validity under §5 -- reaches a wide array of official conduct in an effort to enforce an equally wide array of constitutional guarantees.
124 S. Ct. at 1992. Although sustaining the authority of Congress under the Fourteenth Amendment to abrogate the states' immunity, the Court made clear that the issues resolved in Florida Prepaid were not being reopened. In Tennessee v. Lane the Court explained that Florida Prepaid had "further defined the contours of Boerne's 'congruence and proportionality' test," 124 S. Ct. at 1987, and reiterated that suits against states for patent infringement had not been shown to raise Fourteenth Amendment issues.
Xechem argues that the Eleventh Amendment does not bar an action to correct inventorship under 35 U.S.C. §256, because the correction of inventorship will change the ownership of the patents, thereby raising property issues cognizable under the due process clause of the Fourteenth Amendment. Xechem also argues that correction of inventorship does not require participation or consent of the owner of the patent, and thus can proceed in federal court despite the University's objection. Xechem further argues that because the University's employee Dr. Andersson applied for and was granted these patents by the United States Patent and Trademark Office, a federal agency, the University consented to federal jurisdiction, at least for correction of the identity of the applicant. Xechem also argues that patents are a gift or gratuity granted by the federal government, and that the University's acceptance of the patents is a waiver of Eleventh Amendment immunity. The University responds that Supreme Court precedent has disposed of all of these theories, and that the complaint was properly dismissed for failure to state a claim upon which relief can be granted. A Xechem argues that the University waived its Eleventh Amendment immunity when it entered into this collaborative research agreement, and further waived its immunity by contracting with Xechem in the License Agreement for purposes of commercial gain. Xechem argues that by entering into these contractual and commercial arrangements the University waived objection to federal court jurisdiction to secure constitutionally protected property rights, and for issues that can be decided only in federal court under preemptive federal statutes.
The University responds that it did not waive its immunity by entering into these arrangements, for any waiver must be express and clear and "altogether voluntary," and cannot be inferred. In College Savings the Court explained that waiver of the Eleventh Amendment right to be immune from the authority of federal courts can occur in only two circumstances: first, if the state on its own initiative invokes the jurisdiction of the federal courts; and second, upon a clear declaration by the state of its intent to submit to federal jurisdiction. 527 U.S. at 675-76. Responding to the argument that sovereign immunity should be deemed waived when a state enters into commercial activity, the Court pointed out that the Eleventh Amendment does not make that distinction, id. at 686, and that such a distinction is inapplicable because "the constitutional role of the States sets them apart from other employers and defendants." Id. at 685-86 (quoting Welch v. Texas Dep't of Highways & Public Transp., 483 U.S. 468, 477 (1987)). Xechem argues that patent law finds its authority in the Constitution, and that no state court can adequately ensure that the federal interest in promoting progress of the useful arts is upheld. Xechem also argues that this case calls for an interpretation of federal law by federal courts, because inventorship is a matter of exclusive federal jurisdiction. However, the Court has dealt definitively with the argument that a state waives its immunity by entering into arrangements controlled by federal law and reviewable only in federal court. In College Savings the Court reaffirmed the principles of Seminole Tribe of Florida v. Florida, 517 U.S. 44 (1996) and Fitzpatrick v. Bitzer, 427 U.S. 445 (1976), and overruled Parden v. Terminal Railway of the Alabama State Docks Department, 377 U.S. 184 (1964).
In Seminole Tribe the Court discussed the congressional power to abrogate state immunity by federal statute, and reaffirmed that the Commerce Clause is not a source of such power. In Parden the Court had relied on the Commerce Clause to hold that when a state voluntarily enters into federally regulated activity -- in Parden, operating a railroad -- the state is deemed to have consented to federal jurisdiction arising from that activity, in that case an action under the Federal Employers' Liability Act. In overruling Parden's constructive waiver, the Court stressed in College Savings that a state's waiver of Eleventh Amendment rights cannot be imposed or implied based on a state's entry into commerce, but must be founded on a "clear declaration" by the state of its intent to submit to federal jurisdiction. Id. at 675 (quoting Great Northern Life Ins. Co. v. Read, 322 U.S. 47, 54 (1944)). Such a declaration was not made by the University in entering into its various relationships and contracts with Xechem. B Xechem also argues that the University constructively consented to federal jurisdiction by causing its employee Dr. Andersson to apply for United States patents. Xechem argues that the University made a clear and voluntary waiver of immunity when it entered the Patent and Trademark Office and sought its legal benefits, and that the University cannot both obtain patents and "hide behind the Constitution." Xechem states that by filing patent applications with a federal agency, accompanied by Dr. Andersson's averral that he is the original and sole inventor, the University consented to correction of such erroneous averral in the only court that, according to Xechem, can order such correction. See 35 U.S.C. §256 ¶2: §256. Whenever through error a person is named in an issued patent as the inventor, or through error an inventor is not named in an issued patent and such error arose without any deceptive intention on his part, the Director may, on application of all the parties and assignees, with proof of the facts and such other requirements as may be imposed, issue a certificate correcting such error. The error of omitting inventors or naming persons who are not inventors shall not invalidate the patent in which such error occurred if it can be corrected as provided in this section. The court before which such matter is called in question may order correction of the patent on notice and hearing of all parties concerned and the Director shall issue a certificate accordingly.
The University states that this statute does not waive state immunity, either expressly or by implication. In College Savings the Court negated the argument that a state's voluntary participation in activities controlled by federal statute imposes a consent to suit arising from those activities. The Court stated that "we think where the constitutionally guaranteed protection of the States' sovereign immunity is involved the point of coercion is automatically passed -- and the voluntariness of waiver destroyed -- when what is attached to the refusal to waive is the exclusion of the State from otherwise lawful activity." 527 U.S. at 689 (overruling Parden). Xechem also argues that a state's invocation of the authority of the PTO to grant patents is analogous to the state's invocation of federal authority to enforce its patent rights at state initiative, the latter clearly serving to waive Eleventh Amendment immunity. See Regents of the University of New Mexico, 321 F.3d at 1125 (recognizing the "inconsistency and unfairness that could result from allowing a state that voluntarily avails itself of the federal courts to simultaneously claim immunity under the Eleventh Amendment") (citing Lapides v. Board of Regents of the Univ. Sys. of Georgia, 535 U.S. 613 (2002)). Such analogy does not withstand scrutiny, for waiver must be clear, explicit, and voluntary, and cannot be imposed on a state that has not voluntarily entered federal jurisdiction. Thus the argument must be rejected that a state's entry into the patent system is a constructive waiver of immunity for actions in federal court against the state under the patent law. C
Xechem also argues that the grant of a patent is a "gift or gratuity" by the government, whereby acceptance of the grant is a constructive waiver of immunity, citing Petty v. Tennessee-Missouri Bridge Commission, 359 U.S. 275 (1959) and South Dakota v. Dole, 483 U.S. 203 (1987). The Court confirmed in Petty and again in Dole that Congress can condition receipt of federal funds on a commensurate waiver of state immunity. However, in College Savings the Court explained that such conditions on federal disbursements are "simply not analogous to Parden-style conditions attached to a State's decision to engage in otherwise lawful commercial activity." 527 U.S. at 678. The grant of a patent is not a disbursement of governmental largesse. A gift is "nothing more than the transfer of property without consideration." Kehr v. Smith, 87 U.S. 31, 34 (1873). In contrast, the government grant of a property right, viz. the right to exclude for a limited time, is conditioned on the creation and public disclosure of a new and useful invention. See Pfaff v. Wells Electronics, Inc., 525 U.S. 55, 63 (1998) ("the patent system represents a carefully crafted bargain that encourages both the creation and the public disclosure of new and useful advances in technology, in return for an exclusive monopoly for a limited period of time").
Patent activity is commercial activity, not governmental beneficence. The holdings of Seminole Tribe, and the overruling of Parden, have foreclosed the broad ruling that by obtaining patents the state constructively waived its Eleventh Amendment immunity as to any federal proceeding involving those patents. Xechem argues, as it did in the district court, that the reasoning in New Star Laser, Inc. v. Regents of the University of California, 63 F. Supp.2d 1240 (E.D. Cal. 1999) supports a theory of constructive waiver. The New Star Laser court stated that although the Patent Remedy Act of 1992 may have failed as abrogating legislation, it succeeded as constructive waiver legislation. The Court explicitly rejected this distinction in College Savings, stating that "constructive waiver is little more than abrogation under another name." 527 U.S. at 684. D Xechem also argues that the University is not a necessary party to this action to correct inventorship, and therefore that it need not consent to or participate in the hearing, provided only that it received notice of the hearing. Under 35 U.S.C. §256 ¶2 a court may order correction of inventorship over the objection of those adversely affected. See Stark v. Advanced Magnetics, Inc., 119 F.3d 1551, 1553 (Fed. Cir. 1997). Xechem argues that since the University cannot prevent the §256 action from proceeding, both consent and immunity are irrelevant. Thus Xechem argues that the Eleventh Amendment does not bar suit to correct inventorship of a patent that is assigned to the University. The district court did not discuss whether the assignee is a necessary party to a §256 ¶2 suit to correct inventorship. However, state entities are the only party-defendants to this suit; with no defendant, there is no suit.
The pleadings stated that inventorship can be corrected only in federal court, but ownership issues are generally the province of state courts. Although the Federal Circuit has held that inventorship is determined under federal law, see MCV, Inc. v. King-Seeley Thermos Co., 870 F.2d 1568, 1570 (Fed. Cir. 1989), state courts can apply federal law to issues properly before the state court. See Speedco, Inc. v. Estes, 853 F.2d 909, 914 (Fed. Cir. 1988) (citing Brady v. Southern Ry. Co., 320 U.S. 476, 479 (1943)). Federal preemption of causes arising under the Patent Act does not include matters of ownership or license. In Jim Arnold Corp. v. Hydrotech Sys., Inc., 109 F.3d 1567, 1577 (Fed. Cir. 1997) this court held that although an assignment and royalty agreement concerned patent property, that did not remove from the state courts the various disputes concerning property rights. Similarly, in Prize Frize, Inc. v. Matrix (U.S.), Inc., 167 F.3d 1261 (9th Cir. 1999) the Ninth Circuit held that an alleged deprivation of patent ownership through various unlawful or unfair actions was not a claim under federal law; the court cited Jim Arnold for the holding that "[c]laims concerning patent ownership do not create federal jurisdiction." 167 F.3d at 1264. Although the Court recognized in Florida Prepaid that possible state court remedies may be "uncertain" or "less convenient" or "might undermine the uniformity of patent law," the Court held that uncertainty and other disadvantages flowing from a state's claim of Eleventh Amendment immunity did not deprive a patentee of property without due process of law. 527 U.S. at 644-45. The Court stated that it was necessary to show that the state action "left [the patentee] without a remedy under state law," id. at 647, before the due process concerns of the Fourteenth Amendment could be implicated. Such a showing has not been made.
Conclusion Xechem's pleadings and representations do not meet the requirements of precedent for waiver or abrogation of a state's Eleventh Amendment immunity. Thus the district court's dismissal under Rule 12(b)(6) is
AFFIRMED.
United States Court of Appeals for the Federal Circuit
03-1406
XECHEM INTERNATIONAL, INC.,
Plaintiff-Appellant,
v.
THE UNIVERSITY OF TEXAS M.D. ANDERSON CANCER CENTER and BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM,
Defendants-Appellees.
NEWMAN, Circuit Judge, additional views.
I write separately to state my concern lest the caveats and safeguards recognized by the Supreme Court in its rulings in Florida Prepaid and College Savings become submerged in generalizations of absolute state immunity. The Court observed in Florida Prepaid that if no state court remedy were available for patent infringement, such failure of recourse could raise the due process concerns of the Fourteenth Amendment. Compare Tennessee v. Lane, 124 S. Ct. 1978 (2004) (legislative abrogation sustained on due process grounds for violation of Title II of the Americans with Disabilities Act of 1990) with Board of Trustees of Univ. of Ala. v. Garrett, 531 U.S. 356 (2001) (legislative abrogation rejected in claims for money damages for violation of Title I of the ADA). Although Xechem is here seeking judicial, not legislative, relief, its due process claims on the ground that there is no alternative remedy have not been fully explored. Nor did Xechem in this action seek the alternative path marked by Ex parte Young, 209 U.S. 123 (1908). These aspects are not raised in this dismissal on the pleadings.
Intellectual Property and the Fourteenth Amendment
In Florida Prepaid the Court, discussing abrogation of Eleventh Amendment immunity, stated that "only where the State provides no remedy, or only inadequate remedies, to injured patent owners for its infringement of their patent could a deprivation of property without due process result." 527 U.S. at 643, quoting Hudson v. Palmer, 468 U.S. 517, 539 (1984) (O'Connor, J., concurring) that "in challenging a property deprivation, the claimant must either avail himself of the remedies guaranteed by state law or prove that the available remedies are inadequate," in turn citing Parratt v. Taylor, 451 U.S. 527, 537-544 (1981). Throughout the evolution of Eleventh Amendment jurisprudence the Court has stressed the rigor of the restraint imposed by the Fourteenth Amendment on the federal government as well as on the states. Thus the Court found in Florida Prepaid that patent infringement by states did not appear to be a sufficiently prevalent national problem to warrant §5 abrogation. And in College Savings the Court held that unfair competition by a state based on false advertising did not raise a Fourteenth Amendment property issue; the Court observed that general business interests are not property rights, and held that while trademarks are constitutionally protected property, false advertising has no relation to the right to exclude and does not raise a constitutional issue. The Court recognized, however, that "the assets of a business . . . unquestionably are property, and any state taking of these assets is unquestionably a 'deprivation' under the Fourteenth Amendment." College Savings, 527 U.S. at 675. Xechem has asserted that in this case inventorship controls ownership and the right to practice the patented invention -- fundamentals of patent property. See Consolidated Fruit-Jar Co. v. Wright, 94 U.S. (4 Otto) 92, 96 (1876) ("A patent for an invention is as much property as a patent for land"). Xechem's claim on its face raises issues of property and due process. The Court explained in Florida Prepaid that "[i]n procedural due process claims, the deprivation by state action of a constitutionally protected interest . . . is not in itself unconstitutional; what is unconstitutional is the deprivation of such an interest without due process of law." 527 U.S. at 642-43 (quoting Zinermon v. Burch, 494 U.S. 113, 125 (1990)). However, the Court in Florida Prepaid required a showing -- more than an allegation -- of the unavailability of adequate remedy in state court. Although Xechem argues that only federal courts can order a change of inventorship, precedent has not dealt with whether state courts are precluded from resolving issues of ownership of patent property when ownership is based on inventorship.
In Florida Prepaid the Court noted that patent infringement by the state might be remedied in state court on the traditional state law grounds of taking of property or conversion, 527 U.S. at 644 n.9, observing that a factor in the due process provision of the Fourteenth Amendment is whether any remedy is otherwise available. However, precedent establishes no ready rule as to when the nature of the wrong and remedy warrant recourse to the Fourteenth Amendment. On the record before us, and the premises of Rule 12(b)(6), the question of alternative remedy was not explored. We are told that various state law counts were withdrawn from the complaint in the district court; however, the potential presence of other issues does not avoid this dismissal on the pleadings. These questions are not resolved by today's decision.
The Doctrine of Ex Parte Young The Court in Florida Prepaid also mentioned potential recourse to the doctrine of Ex parte Young, 209 U.S. 123 (1908), which held that a state employee is not shielded by Eleventh Amendment immunity if the employee has acted in violation of federal law. The Court held that although state immunity barred suit in federal court against Mr. Young in his capacity as attorney general of Minnesota, he could be sued in his personal capacity and his wrongful actions enjoined. While cautioning that "the real interests served by the Eleventh Amendment are not to be sacrificed to elementary mechanics of captions and pleading," Idaho v. Coeur d'Alene Tribe of Idaho, 521 U.S. 261 (1997), the Court explained the two general situations in which Ex parte Young has been applied: Putting aside the acts of state officials which are plainly ultra vires under state law itself, there are, in general, two instances where Young has been applied. The first is where there is no state forum available to vindicate federal interests, thereby placing upon Article III courts the special obligation to ensure the supremacy of federal statutory and constitutional law.
Coeur d'Alene, 521 U.S. at 270 (citations omitted).
Even if there is a prompt and effective remedy in a state forum, a second instance in which Young may serve an important interest is when the case calls for the interpretation of federal law. This reasoning, which is described as the interest in having federal rights vindicated in federal courts, can lead to expansive application of the Young exception.
Id. at 274 (citations omitted). The Court again reviewed the application of Ex parte Young against a claim of Eleventh Amendment immunity in Verizon Maryland, Inc. v. Public Service Commission of Maryland, 535 U.S. 635 (2002): Whether the Commission waived its immunity is another question we need not decide, because . . . even absent waiver, Verizon may proceed against the individual commissioners in their official capacities pursuant to the doctrine of Ex parte Young, . . . In determining whether the doctrine of Ex parte Young avoids an Eleventh Amendment bar to suit, a court need only conduct a "straightforward inquiry into whether [the] complaint alleges an ongoing violation of federal law and seeks relief properly characterized as prospective."
Id. at 645 (citations omitted). The applicability of Ex parte Young to Xechem's claim of incorrect inventorship was not raised on this appeal. Although Xechem states that Dr. Andersson violated federal law in averring that he is the sole inventor, neither he nor any other employee or agent of the state was sued individually in his official capacity. I express no view as to whether Young offers a path to relief on the issue here presented; this aspect is not resolved by this dismissal on the pleadings.
A Continuing Concern The circumstances of this case illustrate that when a state is charged with contravention of federal law in a way that directly affects private property, and if no remedy is indeed available within the state's tribunals -- whether by the state's invocation of immunity or by federal preemption of the cause of action -- there can arise an affront to the fundamentals of due process. Respect for the principles of federalism does not automatically immunize the state from due process considerations. The Court in Florida Prepaid kept this door ajar. I write to the same purpose, for there is an increasing urgency, as the states enter the private competitive arena governed by the laws of intellectual property, to establish fair relationships and just recourse.
Posted by Peaser01 on :
quote:Originally posted by worthashot: The XKEM thread in Hot Stocks Free for All is still there for the moment, not as long as this one was but maybe there is some DD there.
Not much over there. I posted most of the DD I found on the deleted thread.
Posted by Stock_Feign on :
quote:Originally posted by Stock_Feign: just so you guys know i did call the "head" office in New Jersey and spoke to Barbara. She is ignorant when it comes to giving information about the company so i lied about who i was and said i was an attorney of law representing shareholders that are being mislead by false information and lack of integrity and transparence with shareholers, she didnt know what to do so she gave me the number to their attorney office in Chicago where i spoke to Susan...XKEM in my honest opinion has lost every bit of credibility on my side at every angle, i tried to not look at it as an empty shell like most the pinks and otcs but...truth is hard to beleive sometimes.
well to make this clear, since i knew Barbara would be getting many phone calls from shareholders asking about PRs and such, at one point she was going to say anything to them so they would stop botheting her, my approach was to make it more serious escalade it to a point where she would feel the need to be honest with me. When she ran out of things to tell me she told me to call Susan ( i forget the last name), i called and all she had to tell me was, " i dont really know what are you looking for, i am not sure what information you need, you should contact the company ( i.e the CEO ) in email or letter ( who has the time for that and will they ever respond ?..no) and ask them what you need. I pretty much questionned the intergrity of the company, " You cant throw things like a president's name and the FDA into a press release when there are NO OTHER outside sources stating your company's name and the "real" events other than your sources. If you are going to make a drug that will change the world, and your CEO is meeting up with the PRESIDENT of Nigeria, there has GOT TO BE some type of coverage somewhere...and there is none, hence my lack of trust in XeChem.
Posted by T e x on :
quote:Originally posted by amswap:
quote:Originally posted by T e x: Amswap, you write:
quote:I agree Tex. But the crap she keeps putting out there is blatantly false and rath than everyone dump on me, they should be telling her to stop with the bs. I am the only one calling her on it and it is being called harassment.
All you have to do is provide reasonable evidence of the "crap."
lol, we --neither you nor I--should expect folks to believe something is crap just cuz we post it's "crap."
You had a numbered list... let's explore that list.
I have never posted a numbered list. You have me confused with someone else.
as noted, to be accurate? I should have said " a list, perhaps ranked by priority."
Shall we safari through your list, or no?
Posted by 10 on :
peaser...i brought what you had over to this one...it's at the begining..of this...
Posted by amswap on :
The case above was not thrown out doe to insolvency. It was dismissed on Eleventh amendment grounds and because the University is considered a part of the state, they couldn't be sued.
Posted by *Mag* on :
Money just reading the description of what an orphan drug is on the first page of this thread; it is hard to imagine that this will be fast tracked by the FDA...
Posted by amswap on :
If this is a shell and I am not saying it isn't, why would the University of Texas commit to any such agreement in the first place?
Posted by amswap on :
quote:Originally posted by T e x:
quote:Originally posted by amswap:
quote:Originally posted by T e x: Amswap, you write:
quote:I agree Tex. But the crap she keeps putting out there is blatantly false and rath than everyone dump on me, they should be telling her to stop with the bs. I am the only one calling her on it and it is being called harassment.
All you have to do is provide reasonable evidence of the "crap."
lol, we --neither you nor I--should expect folks to believe something is crap just cuz we post it's "crap."
You had a numbered list... let's explore that list.
I have never posted a numbered list. You have me confused with someone else.
as noted, to be accurate? I should have said " a list, perhaps ranked by priority."
Shall we safari through your list, or no?
That's great Tex. I am open to discuss anything you want. If you read one of the previous posts, I already addressed the first one when I acknowledged the fact that I forgot about it.
Posted by Stock_Feign on :
i also threw at them the "revenue" of the company, the childish website they have up ... look at any pharmaceutical company's website, you catch my drift. People imo, need to stop trying to convince themselve with empty google searches, because honestly, if your company really was doing what it was saying, wouldnt there be enough truth that you wouldnt have to keep asking and wondering if it is true or not... my call.
Posted by 10 on :
Stock were you able to find out any other info...were they diluting? Or anything of that nature?
Posted by MoneyMoneyMoney on :
Orphan drugs - a distinct, special category of drugs that have been identified to help those patients with rare diseases.
Investigational new drug (IND) - A drug not approved for marketing by the FDA but available for use in experiments to determine its safety and efficacy.
It has been noted that on average approximately 12 years are needed for a drug to go from application to actually being available for prescribing.
Posted by amswap on :
quote:Originally posted by Stock_Feign: i also threw at them the "revenue" of the company, the childish website they have up ... look at any pharmaceutical company's website, you catch my drift. People imo, need to stop trying to convince themselve with empty google searches, because honestly, if your company really was doing what it was saying, wouldnt there be enough truth that you wouldnt have to keep asking and wondering if it is true or not... my call.
I agree stock. I haven't been pumping this company. There is solid evidence and there is made up evidence. I am simply challenging the made up part. If people could see what I was posting in the other thread, there would be no question about my not pumping this stock.
Posted by T e x on :
quote:Originally posted by amswap: If this is a shell and I am not saying it isn't, why would the University of Texas commit to any such agreement in the first place?
OK...
multiple working hypotheses not a problem...
1) let's do "your list"
and
2) follow the UT thread
Posted by Stock_Feign on :
quote:Originally posted by 10: Stock were you able to find out any other info...were they diluting? Or anything of that nature?
i had told them that in many shareholder's opinions the day they came out with the PR, the general impact it would have had on the pps was OBVIOUSELY UP, instead, massive consecutive dumps were notices, she said " no the company isnt dumping their shares" i asked her if she was a shareholder, she said yes but she doenst know nothing about stocks, her "broker" does it for her....( riiiight).
Posted by amswap on :
quote:Originally posted by T e x:
quote:Originally posted by amswap: If this is a shell and I am not saying it isn't, why would the University of Texas commit to any such agreement in the first place?
OK...
multiple working hypotheses not a problem...
1) let's do "your list"
and
2) follow the UT thread
Where would you like me to start. Both have been addressed without question, so we will do whatever you choose.
Posted by Peaser01 on :
quote:Originally posted by 10: peaser...i brought what you had over to this one...it's at the begining..of this...
Thanks 10, I'm on Page three so far. lol
Posted by Stock_Feign on :
quote:Originally posted by amswap:
quote:Originally posted by Stock_Feign: i also threw at them the "revenue" of the company, the childish website they have up ... look at any pharmaceutical company's website, you catch my drift. People imo, need to stop trying to convince themselve with empty google searches, because honestly, if your company really was doing what it was saying, wouldnt there be enough truth that you wouldnt have to keep asking and wondering if it is true or not... my call.
I agree stock. I haven't been pumping this company. There is solid evidence and there is made up evidence. I am simply challenging the made up part. If people could see what I was posting in the other thread, there would be no question about my not pumping this stock.
people pump stocks because they are in them and of course they want them to go up, but there is a diffrence between being realistic and gullible. Most posts that keep stating the SAME OLD "fda, orphan drug...150mil revenue...this will do and that will do and the company will..." WILL HAPPEND isnt the question, its WHAT IS HAPPENING now that matters. There is WAY too much made up useless trash thats somehow supposed to be positive its disgusting. 1$ pps...2 years....0.20 after PR!!!! no, we are at lower than where we were at while waiting for the PR. i know what you mean AMS. we are on the same page.
Posted by T e x on :
anywhere...
perhaps "without question" is an issue.... I dunno
you had a list, which I was ready to support
Posted by MoneyMoneyMoney on :
By the way, I'm chowing down on some damn good popcorn! Anybody want some? lol...
You are right *Mag*
Posted by Stock_Feign on :
and people...im not going to point any finger so i will say WE need to stop with this whole MM manipulation ... they want to make money just as bad as we do, so, they will make their money weather we can or not. They can buy 1mil shares at 63, sell it at 68 and keep doing it over and over and over while we cry about the "manipulation". If a stock is strong enough and has enough momentum it will go up and nothing can hold it back.
Posted by Dustoff101 on :
is it salt free?
Posted by amswap on :
quote:Originally posted by T e x: anywhere...
perhaps "without question" is an issue.... I dunno
you had a list, which I was ready to support
I don't remeber without question. Does this mean I have to go lookup each thing? Is it really worth the time since I believe everyone else is bored with this. I will continue if you choose and I will try to find that post and break it all down, I just don't get the usefullness of it. Anyway, I think she is finally gone now.
Posted by Dustoff101 on :
Stock feign, here's a question for ya....
Can a Offshore Hedge Fund Short this stock.. The way I understand it? yes.
Posted by Purl Gurl on :
I cannot eat popcorn. Just a thought of popcorn my butt gains ten pounds.
Coyote
Posted by Purl Gurl on :
Anyone want to see nekkid pictures of me?
Coyote
Posted by Purl Gurl on :
Tell me how you go about extracting five-hundred-million dollars from four-million Sickle Cell victims living in abject poverty?
Maybe use the military and big guns?
Coyote
Posted by amswap on :
quote:Originally posted by Purl Gurl: Anyone want to see nekkid pictures of me?
Coyote
Sure I haven't thrown up in a long time.
Posted by Dustoff101 on :
I want to discuss Offshore Hedge Funds,shorting this stock [ kiss of death? ] the Gates Foundation, dilution, the credibility of those involved, [ huge problem there ] because of the Phat mans editorial....
How on Earth can a fella go forword with issues like that hanging in the Air?
Posted by Stock_Feign on :
quote:Originally posted by Dustoff101: Stock feign, here's a question for ya....
Can a Offshore Hedge Fund Short this stock.. The way I understand it? yes.
can you elaborate what hedge fund you are talking about
Posted by T e x on :
quote:Originally posted by amswap:
quote:Originally posted by T e x: anywhere...
perhaps "without question" is an issue.... I dunno
you had a list, which I was ready to support
I don't remeber without question. Does this mean I have to go lookup each thing? Is it really worth the time since I believe everyone else is bored with this. I will continue if you choose and I will try to find that post and break it all down, I just don't get the usefullness of it. Anyway, I think she is finally gone now.
lol, you avoid your own list...that's what I'm seeing
lookup/ignore as you will
hey, it's Sat night---but you understand the parameters, eh?
basically, don't worry about "he/she"
lets get the facts on the play
Posted by Dustoff101 on :
SF, in general.
Posted by Purl Gurl on :
Ok, so none want to see nekkid pictures of me.
"Offshore Hedge Funds,shorting this stock"
Highly unlikely because of the heavy dilution by the company. Share price is fairly much fixed with a very slow downtrend. A hedge fund would have to overwhelm and dump more shares than XKEN is dumping.
Gates Foundation, a quick answer would be to discover if Gates is doing any work with Sickle Cell disorder.
Coyote
Posted by amswap on :
quote:Originally posted by T e x:
quote:Originally posted by amswap:
quote:Originally posted by T e x: anywhere...
perhaps "without question" is an issue.... I dunno
you had a list, which I was ready to support
I don't remeber without question. Does this mean I have to go lookup each thing? Is it really worth the time since I believe everyone else is bored with this. I will continue if you choose and I will try to find that post and break it all down, I just don't get the usefullness of it. Anyway, I think she is finally gone now.
lol, you avoid your own list...that's what I'm seeing
lookup/ignore as you will
hey, it's Sat night---but you understand the parameters, eh?
basically, don't worry about "he/she"
lets get the facts on the play
I'm not avoiding anything Tex. I addressed what I said and you continued to ask me. No need to repeat myself again unless there is something specific you wish to ask me. If you have a question, great. Ask away. If no question, then please just drop it.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Ok, so none want to see nekkid pictures of me.
"Offshore Hedge Funds,shorting this stock"
Highly unlikely because of the heavy dilution by the company. Share price is fairly much fixed with a very slow downtrend. A hedge fund would have to overwhelm and dump more shares than XKEN is dumping.
Gates Foundation, a quick answer would be to discover if Gates is doing any work with Sickle Cell disorder.
Coyote
Where is there any proof the company has diluted this stock?
Posted by MoneyMoneyMoney on :
quote:Originally posted by Dustoff101: is it salt free?
So good with salt and butter! Yea, its catching up to me, esp being out of the military now and no forced PT. I'll get back into routine sometime after the nursing program.
Posted by Dustoff101 on :
Whale, did you read Phat mans editorial?
Posted by Stock_Feign on :
quote:Originally posted by Purl Gurl: Tell me how you go about extracting five-hundred-million dollars from four-million Sickle Cell victims living in abject poverty?
Maybe use the military and big guns?
Coyote
the only way the company can have any revenue to cover up the debt they are at right now is if they become gov funded...but we are talking about Nigeria, the country itself needs someone else to fund it. Unless insurances pick up ( people there dont have health insurance so scratch this choice), other humanitarian government or non government funded pay...options seem just as short as the time left before this becomes another failure.
Posted by amswap on :
OK Some people find it difficult to answer a question so I will ask everyone: Where is there any proof that this company has diluted the stock. I don't want thoughts about it or what it looks like. Anyone making this accusation should know what they're saying and some proof or it would be considered a baseless allegation and would that not be considered bashing?
Posted by Purl Gurl on :
"Whale, did you read Phat mans editorial?"
Yes, do not have a copy. Basically he presents a case "Big Daddy" is lying. Big Daddy is very active over at I-Hub.
I agree, Stock Feign. It is literally impossible for XKEM to generate the revenues they claim.
Coyote
Posted by T e x on :
quote:Originally posted by amswap:
quote:Originally posted by T e x:
quote:Originally posted by amswap:
quote:Originally posted by T e x: anywhere...
perhaps "without question" is an issue.... I dunno
you had a list, which I was ready to support
I don't remeber without question. Does this mean I have to go lookup each thing? Is it really worth the time since I believe everyone else is bored with this. I will continue if you choose and I will try to find that post and break it all down, I just don't get the usefullness of it. Anyway, I think she is finally gone now.
lol, you avoid your own list...that's what I'm seeing
lookup/ignore as you will
hey, it's Sat night---but you understand the parameters, eh?
basically, don't worry about "he/she"
lets get the facts on the play
I'm not avoiding anything Tex. I addressed what I said and you continued to ask me. No need to repeat myself again unless there is something specific you wish to ask me. If you have a question, great. Ask away. If no question, then please just drop it.
Oh, ok...
if those questions in your list have been answered, I simply missed it
Posted by Purl Gurl on :
Even had a big butt back then.
Coyote
Posted by Stock_Feign on :
Big Daddy is nothing more than a hopeless, lying, unrealistic, gullible idiot who only posts when the stock starts climbing up saying SEE I TOLD YOU! he claims things he cannot back up, makes up PPS that the stock never reaches, his predictions are surreal they should have their own show on VH1. But somehow he is the knower of all...he owns 50 million shares he claims...well god damn big daddy, if he is not the real MM then who is.
Posted by Dustoff101 on :
Google: "Bill Gates foundation Sickle Cell Anemia" folks...
Posted by amswap on :
Stock, you had a complete turnaround on this thing huh? Did you get back in it the day after your accident?
Posted by Dustoff101 on :
amswap, the Whale has privledge...And I ain't going to harpoon no Whale! Look what happened to Capt. Ahab!!!
Posted by Purl Gurl on :
Not a snowball's chance in Hades a smart man like Gates would become involved in a scam like XKEM.
Coyote
Posted by Purl Gurl on :
Well, this one is all figured out in a short time.
Pump and dump dilution scam.
Could have told you that last year.
;)
Coyote
Posted by Stock_Feign on :
quote:Originally posted by amswap: Stock, you had a complete turnaround on this thing huh? Did you get back in it the day after your accident?
i fliped and got back in. so i can be called a basher but all i am is someone who looks at the whole picture, not just the nice frame. i didnt really have a complete turnaround, it just took some time to find things out, add 2 and 2 together to get 3 instead of 4. There are just so many things about this company that doenst add up at all man. i made many phone calls and did a lot of research and homework while i was "desabled". remember FrontHaul ? 1.5 billion dollar contract...nothing. There is a diffrence between giving out news that seem possible and some unrealistic garbage to feed shareholders that just ( to me at least ) doenst get passed the throat. What do you think?
Posted by Purl Gurl on :
"...so i can be called a basher...."
We are coworkers.
I was turned into the SEC a good number of times for being a paid basher; NDOL.
Coyote
Posted by Stock_Feign on :
Bill Gates funds many pharmaceutical companies....ok i can understand that part...WHAT DOES XKEM SELL ? i dont see ANYTHING other than the worse photoshop job to make some labels with happy faces on them. You cant tell me you are a company with a product if nothing is being sold, not even MADE to even be sold
Posted by Dustoff101 on :
quote:Originally posted by Purl Gurl: Not a snowball's chance in Hades a smart man like Gates would become involved in a scam like XKEM.
Coyote
------------------------------------------------- Thats what I was thinking...Otherwise it would of been pumped to the Moon...Outa the way now...??
Posted by amswap on :
I have questioned many things about the company and all the promises being made. There is a difference between questioning, which we all should be doing, and outright bashing and saying things aren't possible. Yes, many questions here. But let's keep the questions legitimate and the bashing to a minimum. We all made some pretty outrageous claims as to where this stock was headed pre 7-6, only to be slapped in the face with reality afterwords. I am as outraged as anyone if there is in fact dilution going on, but not one person has substantiated that allegation. It is only rumored. No proof exists. I will continue to question their operations as you do, but I won't make false statements.
Posted by Stock_Feign on :
giving nothing but fake hopes and information = pumping
giving nothing but negative and fake information = bashing
im just laying down on the table what i failed to find about a company that has some of my cash.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Not a snowball's chance in Hades a smart man like Gates would become involved in a scam like XKEM.
Coyote
Prove it is a scam.
Posted by Purl Gurl on :
"...make some labels with happy faces on them."
Ha! Ha! That is so funny!
Upon visiting their website I immediately started laughing!
Coyote
* Yes, Dusty, safe to set aside Bill and Melinda.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Well, this one is all figured out in a short time.
Pump and dump dilution scam.
Could have told you that last year.
Coyote
Only by bashers. No proof it is a scam.
Posted by The Bigfoot on :
quote:Originally posted by T e x: QUOTE]please, don't start...
if you have research to the contrary, please post it...
the whole point of the new thread--as I understand it--is to re-focus on the company and the stock...
make sense? [/QB]
LOL
Is it happening yet Tex?
Seems people are determined to get this thread back up to 250+ pages tonight alone!
Posted by amswap on :
quote:Originally posted by Purl Gurl: "...make some labels with happy faces on them."
Ha! Ha! That is so funny!
Upon visiting their website I immediately started laughing!
Coyote
* Yes, Dusty, safe to set aside Bill and Melinda.
Where is there anything stated that they were even asked?
Posted by Stock_Feign on :
quote:Originally posted by amswap: I have questioned many things about the company and all the promises being made. There is a difference between questioning, which we all should be doing, and outright bashing and saying things aren't possible. Yes, many questions here. But let's keep the questions legitimate and the bashing to a minimum. We all made some pretty outrageous claims as to where this stock was headed pre 7-6, only to be slapped in the face with reality afterwords. I am as outraged as anyone if there is in fact dilution going on, but not one person has substantiated that allegation. It is only rumored. No proof exists. I will continue to question their operations as you do, but I won't make false statements.
i cannot claim dilution for the moment since i have no way to prove it for now. But for all my other questions and concerns and the way this company is giving away its PRs and whats in them in addition to the " not finding anything that holds those claims" anywhere else but the company's PRs is just more bad covering the good that i never found to start with.
Posted by MoneyMoneyMoney on :
We have Allstocks.com to help find the true "diamonds" and help each other to preserve capital. Why isn't this happening?
Posted by amswap on :
quote:Originally posted by Stock_Feign: giving nothing but fake hopes and information = pumping
giving nothing but negative and fake information = bashing
im just laying down on the table what i failed to find about a company that has some of my cash.
When someone stated they think or hope, it is not pumping. When they state they saw or heard something positive and don't know where they heard it would be considered pumping. Fake information by continually calling it a scam without proof is bashing.
Posted by Stock_Feign on :
quote:Originally posted by amswap:
quote:Originally posted by Stock_Feign: giving nothing but fake hopes and information = pumping
giving nothing but negative and fake information = bashing
im just laying down on the table what i failed to find about a company that has some of my cash.
When someone stated they think or hope, it is not pumping. When they state they saw or heard something positive and don't know where they heard it would be considered pumping. Fake information by continually calling it a scam without proof is bashing.
i know what you mean man. i dont bash nor pump, i just state what i know or find or just honestly think, weather it sounds positive or negative, it is what it is. Its too bad on the OTC we cant tell who is the main shareholder nor if the ceo is an actual shareholder or not, that way dilution wouldnt even become an issue.
Posted by Dustoff101 on :
I recall some folks believing in some mighty worthless companies right down to the Halt..
It's strange how some otherwise competent folks can fool themselves sometimes..If they are honestly fooled? thats one thing..The other reason for arqueing a losing position is Greed, fear, and, well, profit from an outside source..
We all know or should know about the Hedge fund hearings..Tip of a Huge Ice Berg.
Posted by amswap on :
We were told long ago that this company was not very good at the prs. This is quite evident now. They have a lot to answer to and don't seem to be worried about keeping the stockholders informed. That in itself is very troublesome.
Posted by MoneyMoneyMoney on :
quote:Originally posted by amswap: I have questioned many things about the company and all the promises being made. There is a difference between questioning, which we all should be doing, and outright bashing and saying things aren't possible. Yes, many questions here. But let's keep the questions legitimate and the bashing to a minimum. We all made some pretty outrageous claims as to where this stock was headed pre 7-6, only to be slapped in the face with reality afterwords. I am as outraged as anyone if there is in fact dilution going on, but not one person has substantiated that allegation. It is only rumored. No proof exists. I will continue to question their operations as you do, but I won't make false statements.
Nice choice of words! I agree.
Posted by Purl Gurl on :
"Tip of a Huge Ice Berg."
Within one of Pandey's pump and dump pr news he writes about his miracle drug,
"...this is an iceberg."
Uh huh. Ok.
Coyote
Posted by Peaser01 on :
quote:Originally posted by Purl Gurl: Nigeria: Nigerian Scientists Claim Cure for Sickle Cell
Daily Trust (Abuja)
July 5, 2006
"...In July, 2002, Xechem International Inc., a US-based pharmaceutical company, signed an agreement with the National Institute of Pharmaceutical and Research Development (NIPRD) for the research, development, production and worldwide sales and marketing of NICOSAN, said to be the only known cure for the disease now discovered."
____
A cure for a congenital disorder of this type is impossible. There is no cure, nor will there be a cure in our lifetime. Medical science in our age and time, cannot effect cures for genetically transmitted disorders of this type.
This claim by Xechem is an obvious lie.
Purl Gurl
This article is inaccurate IMO by the folks that wrote it. I have never ever seen Xechem say that they had any cure.
Posted by BF on :
" calling it a scam "
Just one persons opinion?
" calling it a long term hold "
Another persons opinion?
Posted by amswap on :
The OTC should have a current listing of all shares authorized and outstanding at all times. That should be right there with the highs and lows. Common sense would tell them to add this to their site and it would end a lot of questioning about it.
Posted by amswap on :
quote:Originally posted by Purl Gurl: "Tip of a Huge Ice Berg."
Within one of Pandey's pump and dump pr news he writes about his miracle drug,
"...this is an iceberg."
Uh huh. Ok.
Coyote
Can you provide a link to verify this?
Posted by Purl Gurl on :
"This article is a pharse IMO by the folks that wrote it."
CEO is ultimately responsible for press releases.
The writer did not pull "cure" out of thin air; that writer was told this.
Coyote
Posted by Peaser01 on :
Too bad the QBID threads couldn't have all been deleted. lol
Posted by amswap on :
quote:Originally posted by Purl Gurl: "This article is a pharse IMO by the folks that wrote it."
CEO is ultimately responsible for press releases.
The writer did not pull "cure" out of thin air; that writer was told this.
Coyote
Again, link please?
Posted by Dustoff101 on :
peaser, not so sure about that...Folks could learn what a nitemare these things can turn into, when left un-challanged.
Posted by Stock_Feign on :
Wouldnt you all agree that if there was an actual CURE for scd, it would have had INTERNATIONAL attention, it would be on TV, in the papers, everywhere....why do we have to dig in some dark nigerian source website to find anything...this just doenst make sense to me yet i dont know if its just me or everyone else just finds it normal.
Posted by Purl Gurl on :
Well, over the past weeks here at Allstocks, I have enjoyed enough harassment to last the rest of the year.
:)
Coyote
Posted by Peaser01 on :
quote:Originally posted by money 76: guys did u check this was on the newspaper today in nigeria . i think this is not posted by anyone imo .Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
Any Link????
Posted by amswap on :
I agree Stock, there is something fishy about it. I think cure is not the correct word and I have yet to see where the company has said it was a cure as much as everyone has said it. People want to talk about the legitimacy of this company. Why would the University Of Texas conduct research and offer distribution to a shell? They would know better. The drug they were working on isn't for this disease, but for cancer and if they are fighting over the patents and other things, then perhaps they have come up with something there as well. Would a shell be involved with the likes of UT?
Posted by Stock_Feign on :
quote:Originally posted by Purl Gurl: Well, over the past weeks here at Allstocks, I have enjoyed enough harassment to last the rest of the year.
Coyote
------------------------------------------------ The work you did was extraordinary...Most folks understand that...When the Whale plays a bit?
SO WHAT! you earned it!
Posted by Stock_Feign on :
quote:Originally posted by amswap: I agree Stock, there is something fishy about it. I think cure is not the correct word and I have yet to see where the company has said it was a cure as much as everyone has said it. People want to talk about the legitimacy of this company. Why would the University Of Texas conduct research and offer distribution to a shell? They would know better. The drug they were working on isn't for this disease, but for cancer and if they are fighting over the patents and other things, then perhaps they have come up with something there as well. Would a shell be involved with the likes of UT?
i can always tell you I was having dinner with the president. Do i sound credible ? well who knows...the way to find out is to ask someone that works in the BIO field at the University of Texas. I just wish i could find out for sure what Panday really does, if he is a real person and where he really is right now.
Posted by amswap on :
quote:Originally posted by Purl Gurl: Well, over the past weeks here at Allstocks, I have enjoyed enough harassment to last the rest of the year.
Coyote
If by harassment you mean being questioned on the origin of a false claim, you will be continually be harrassed as long as you bash without anything to back it up. If you don't want to be questioned (or harrassed as you call it) about what you post, then don't post false allegations. If they are true, simply provide a link. Where do you get harassment out of asking you to substantiate your allegations? Don't you question everyone else? What makes it harrassment when we ask the same of you that you ask of others? HMMMM?
Posted by Dustoff101 on :
amswap, over the yrs. we have all seen some eye-brow raisers when it comes to Universities envolved with Pinks and OTCBB'S..
Posted by amswap on :
quote:Originally posted by Stock_Feign:
quote:Originally posted by amswap: I agree Stock, there is something fishy about it. I think cure is not the correct word and I have yet to see where the company has said it was a cure as much as everyone has said it. People want to talk about the legitimacy of this company. Why would the University Of Texas conduct research and offer distribution to a shell? They would know better. The drug they were working on isn't for this disease, but for cancer and if they are fighting over the patents and other things, then perhaps they have come up with something there as well. Would a shell be involved with the likes of UT?
i can always tell you I was having dinner with the president. Do i sound credible ? well who knows...the way to find out is to ask someone that works in the BIO field at the University of Texas. I just wish i could find out for sure what Panday really does, if he is a real person and where he really is right now.
The paperwork on the lawsuit clearly names Pandey. That is proof enough for me that the 2 were definately associated. As far as having dinner with the president, I would believe you. Whether they are the president of your homeowners association or the president of the US would be worth questiong.
Posted by Dustoff101 on :
amswap, there you go again....Big picture man..Cool down and think it thru....You are being selfish, in a way.
Posted by amswap on :
How is that Dust? If someone bashes, all I amn doing is asking for proof when they talk dilution and scam. They are allowed to make those allegations and I am being selfish when I ask for proof? How do you explain that?
Posted by Dustoff101 on :
Because it shows a mind set of your agenda...Which is obviously retaliation.
Posted by Stock_Feign on :
quote:Originally posted by amswap: How is that Dust? If someone bashes, all I amn doing is asking for proof when they talk dilution and scam. They are allowed to make those allegations and I am being selfish when I ask for proof? How do you explain that?
amswap, if you wouldn't of used the "trash comment" things may of progressed in more timely manner this evening and early morning, for you EASTee's.
Posted by amswap on :
All I did was ask for proof. Not an ounce of retaliation involved. I could have said much more than 'link please' and bashed for the bashing, but I didn't. There are claims being made and I would like them to justify their false claims. If you think there si something else going on there, you are reading in something that doesn't exist. I have strongly refrained from telling some what I think of their bashing, but have not done it. If my questioning is troublesoe, I suggest they stop spewing false statements. It really is an easy one to stop. Stop making false claims and I stop asking for verification or a link to prove.
Posted by amswap on :
quote:Originally posted by Dustoff101: amswap, if you wouldn't of used the "trash comment" things may of progressed in more timely manner this evening and early morning, for you EASTee's.
How long ago did I do this?
Posted by Dustoff101 on :
amswap, have you tangled with Purl Gurl in the past? 'notice your an old timer ..
Posted by Stock_Feign on :
talked about in 2001 said it would be sold in 2003 the drug doenst even exist in the market does it ?
Posted by Dustoff101 on :
amswap,,,,,Don't play games with me, I am not your time keeper! understand?
Posted by amswap on :
You're the one that mentioned trash comment. If that was a long time ago, it has nothing to do with asking for a link. Does it? Not playing games, but I am getting a little sick of people on here allowing her to say whatever lie she chooses and not being called on it. She slammed so many people over the last week. Where were you then? What did you tell her? NOTHING. I ask for a link to verify her bashing and you want to question me. Sorry I just don't get it.
Posted by amswap on :
Oh and you'll notice that there is not one link to prove even one of the false claims. So in my book she is bashing. Plain and simple. Sorry if you can't handle that.
Posted by Peaser01 on :
Sickle cell anemia is a group of inherited red blood cell disorders which remain a major health problem for many nationalities, including African Americans, Arabs, Greeks, Italians, and Latin Americans. All races should be screened for this hemoglobin at birth. Normal red blood cells are round like doughnuts, and they move through small blood vessels in the body to deliver oxygen. Sickle red blood cells become hard, sticky, and shaped like sickles used to cut wheat. When these hard and pointed red cells go through the capillaries, they clog the flow and break apart. This can cause pain, blood vessel damage and a low red blood cell count, or anemia. Red blood cells (erythrocytes) contain hemoglobin, a substance that carries oxygen inside the cell. One minor change in the DNA may cause the hemoglobin to form long rods in the red cell when it releases oxygen. These rigid rods change the red cell into a sickle shape. Symptoms associated with this process may then include: fatigue, breathlessness, cough, rapid heart rate, delayed growth and puberty, susceptibility to infections, ulcers on lower legs, jaundice, bone pain, abdominal pain, weakness, joint pain, fever, and vomiting.
Niprisan® is a phytomedicine developed by the National Institute for Pharmaceutical Research and Development (NIPRD) in Abuja, Nigeria. Prof. Charles Wambebe of the NIPRD presented results of a study using Niprisan in sickle cell anemia. This freeze-dried preparation of an indigenous pepper (Piper guineense Schum. & Thonn., Piperaceae) seed, caprium (Pterocarpus osun (L.) Craib., Fabaceae) stem, clove (Syzygium aromaticum (L.) Merr. & L.M. Perry, Myrtaceae, syn. Eugenia caryophyllata Thunb.) bud, and sorghum (Sorghum bicolor (L.) Moench., Poaceae) leaves is currently undergoing Phase III clinical trials in Nigeria. A 12-month, double-blind, placebo-controlled, cross-over study of 82 patients was undertaken to determine the safety and efficacy of Niprisan in individuals with Sickle Cell Disorder (SCD).11 The patients were randomized into two groups, with an initial four-month, pre-trial study to determine the similarities between the two groups. Each group took the Niprisan for six months total and also the placebo for six months. Niprisan use significantly reduced the frequency of SCD crisis associated with severe pains, with no significant side effects noticed. Rash developed in two of the patients, gradually disappearing during therapy. Six patients reported headache compared to two on placebo. Also of note is that liver enzyme function and renal function remained normal during Niprisan therapy, a good indicator of safety. Multi-center studies are underway and results will be hopefully promising in the war against this extremely painful disease.
Posted by Stock_Feign on :
Ams, my man, dont even worry about it dude. I dont think they get your point or they just dont want it to get across. Lets focus more on what this money guzzler is doing and dig as much as we can before monday comes and sucks more of our money. Barbara promised me a PR "in a couple days" thursday. "they are still in Nigeria and the phones are bad" ...riiight
Posted by Dustoff101 on :
amswap, well, let me tell ya something, I am beginning to get it about you..
Your staying on your own topic just disrupts the board, very clever? nope, way to obvious..
I'll do the same..Have you ever tangled with Purl Gurl in the past?
I am sure Purl Gurl will answer..So just shelve it till then.
Posted by Peaser01 on :
I don't get what is bad about that report Peaser. Questions were raised about where the studies were: Phase III What is was: Ingredients clearly listed Results of studies: Listed
This is all good stuff Peaser. It can't be true!
Posted by Stock_Feign on :
i have to take my medecin and bandage up. if im not back, see ya tomorrow or monday.
Posted by Batman on :
quote:Originally posted by Purl Gurl: Amswap, I have a better idea. Stop harassing me.
Purl Gurl
Amswap has not posted anything close to a harassment.
Posted by trade04 on :
so how much us dollars are we getting per bottle in nigeria? 25 cents?, to the moon i tell you...
Posted by amswap on :
quote:Originally posted by Batman:
quote:Originally posted by Purl Gurl: Amswap, I have a better idea. Stop harassing me.
Purl Gurl
Amswap has not posted anything close to a harassment.
Glad to see somebody sees that Batman.
Posted by Dustoff101 on :
trade04, I think you just might of become whale food..LOL
Posted by Batman on :
quote:Originally posted by 10:
quote:Originally posted by Dustoff101: I'm telling ya folks, listen to Purl Gurl...
Whale is only providing a platform for you to look at an issue in totality!
Yes...she is trying to shed light on the "other" side...there are always 2 sides to everything...
Purl isn't wanting people to fall in love with this stock...her point is...(I think) to be very careful...she sees loads of warning signs!
It's her way of "helping"...she isn't "bashing" she's not out to get anyone...she is strongly pointing out the bad sides...things that some people are refusing to see... things that are needed to be seen...not all the pretty flowers that some posters paint!
The old thread was hundreds of pages. The bad side was pointed out months ago. She hasn't said anything new or that we haven't heard before.
Posted by Dustoff101 on :
amswap, my question to you, have you tangled with Purl Gurl on another stock?
Posted by Peaser01 on :
"I just think the general tone, the condescending way she is getting her point across, her 'stupid' references are not constructive."
Oh, po' boy, cry me a river. So sensitive!
Take it like a man; blame it on a woman!
Listen, Bubba, this is a cut throat business and you have no friends in the markets. You expect others to pat you on your head, take you by the hand and walk you through this?
Grow up, already!
I am not about to mince my words simply because you are so sensitive, so insecure, you cannot handle straight talk.
Men, such babies! Jeessh...
You want me to tell you sweet soft lies?
Purl Gurl
Those are her words and she whines when I ask her for a link? Talk about a cry baby! Looks like she is the one who can't handle straight talk. She has yet to provide a link to her lies. She is a liar. Is that straight talk enough for you who think she is something special? Some one must have answered her last question with a yes since that is all she has done lately. Remember her words above when I ask her a question and know that she thinks no one should be sensitive here. Why is she? Ask a question of her and everyone jumps me. Go ahead. I don't care anymore and I will not stop asking for proof when she spews another lie.
Posted by Batman on :
I have a link for The Phat Man's posts on the IHUB, even though I don't agree with most of what he says, you have the right to his posts.
You need to register there to access it.
Posted by Batman on :
Are you looking for something specific?
Posted by Batman on :
Posted by: The Phat Man In reply to: None Date:6/21/2006 12:48:37 PM Post #of 21386
Speculative interpretations and dissertation on XKEM.
The Big Question:
As of late, as we all sit lying awake at night, hoping and praying for Nigerian approval of Xechem's SCD drug, Nicosan, many questions have been asked from one stock board to another about XKEM and its relationship to Marjorie Chassman and, as well, the validity of XKEM itself. Who is this woman? Is she some ultra-rich financier who has a steadfast head for investing large sums of money into indebted biotech companies in an era when biotech has long since passed its peak? Is she richer and smarter than the world's banking industry itself? Can her financing actually enable the smaller investors to predict the future? The short answer is, no.
Along with all the other XKEM hype, Marjorie Chassman begs the biggest question of them all: Looking into the near future, if Xechem is such an incredible company with so much promise that (as shareholder board posts would have one believe) it simply cannot be denied, then why cannot this company, over the course of so many years (since its inception in the early 90s) acquire real loans from real banks to be paid back with real profits? And why must XKEM look to such "generous" individuals as Margie Chassman for a majority of its loan structure/value, while continuing to increase its float and reverse split, since before and after the turn of the century?
One answer and one name: DAVID BLECH
Has anyone ever heard of the famously coined phrase, "Blech Thursday"? It was a phrase coined in the early/mid 90s that came to symbolize the end of the biotech era as it was once known. And David Blech's name is synonymous with that end.
David Blech was an upstart and ambitious venture capitalist who sprung essentially from nowhere (he was a songwriter and 'entrepreneur') in the late 80s with $10,000 in his pocket and big dreams. He started multiple companies in the biotech industry and a few years later was worth over the hundred million dollar mark. (Bristol Meyers bought one of his companies, Genetech Systems, for $294 million only later to do their own DD, find out its true value was practically zilch, and sell it away for a paltry $20 million -- "taking a $274 million dollar bath") http://www.findarticles.com/p/articles/mi_m1316/is_n8_v21/ai_7939775
Long story short, (you can do the DD yourself with the links i've provided and with everything else that's out there), but upon the collapse of the biotech boom, Blech was eventually filed suit against by numerous private and public companies, individuals, class-action suits and, of course, the SEC. Longer story shorter: he plead guilty to a mass of charges brought against him and/or plead out and eventually turned 'informant' on those he'd conspired with in exchange for leniency by the Feds.
So, how XKEM found the ever-generous Marjorie Chassman to loan them all this money (millions upon millions) over so many years while the company showed nothing but debt has but one best guess: through David Blech. How'd that come to be you may ask? Simple... Chassman and Blech are married.
As the Seattle Times reported: at the onset of his downfall, when Blech's first wife discovered he was forging her signature for false purposes, she divorced him immediately. His second wife, Marjorie Chassman, was reported to be "a graphic designer and aspiring actress" who was supporting him at the time of his demise. http://seattletimes.nwsource.com/uninformed_consent/financier/story1.html
So, again, it begs the question: How would his second wife, Marjorie Chassman (a graphic designer and aspiring actress) have the know-how and savvy to get involved in the vast and complicated world of loaning indebted companies millions and trading in public securities to great personal gain (of which thus far i have found 3: NVLT.OB, CEPO.OB and SCLL.OB). Answer: Through her husband and "partner-in-speculatively-questionable-activity", David Blech.
And, guilty as charged, David Blech is (squirm) involved in XKEM and may very well be the leader of this big parade.
Direct Link between XKEM and BLECH: http://www.littleindia.com/archive/dec96/survive.htm Excerpt: "On Nov 19 (1996-ish), Xechem announced that a group controlled by David Blech, a well-known but controversial investor in the biotechnology industry, will invest $5.5 million in the company over the next nine months. As a result of the deal, Blech and his associates will replace Pandey as Xechem's controlling shareholders, with a stake of more than 70 percent. Pandey, however, will remain the CEO as well as the second-largest shareholder. He is delighted at the deal because the capital infusion will allow Xechem to develop products that he believes could become big winners in the future. "With Blech's investment and expertise, our future is very bright," he says. "In the next three to five years, we could have sales of $30 million to $50 million.""
Those sales predictions came in 1996 for the future of 1997. Well, we all know that didn't happen as the loans continue today and XKEM continues to show massive losses.
Note XKEM / Chassman / Blech link: While many on the boards are speaking zealously how the debt owed by XKEM will not have to be paid until 2008, please note the paragraph below from this link: http://biz.yahoo.com/e/050623/xkem.ob8-k.html Excerpt: "For the period from November 11, 2003 through June 30, 2004, Marjorie Chassman, the spouse of David Blech ("Chassman") advanced $2,800,000 of convertible debt to Xechem, which debt accrued approximately $320,884 in interest (as of June 20, 2005) and is due and payable December 31, 2006, subject to the required sale of Xechem's holdings of CepTor Stock." (the CepTor deal is an entirely other issue) Blech's shady past: http://www.bearstearnsfraudinfocenter.com/information.php Excerpt: "The case was a $77 million class action lawsuit filed against Bear Stearns on behalf of investors who claimed they had lost their money due to the fraudulent actions of David Blech, a Bear Stearns client. The judge stated that a summary judgment could not be made because there were not enough facts available to determine if Bear Stearns was guilty or not. Bear Stearns said that it had no knowledge of Blech’s stock manipulating (he pled guilty to charges of fraud in 1999). The investors who lost their money to Blech want to convince the jury otherwise."
Link demonstrating Chassman/Blech relationship: http://freeadvice.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?S essionID=qYy_S2bI2EM... Excerpt: "In January 2005, we entered into an agreement with David Blech (the husband of Margie Chassman), which provided that he or his designees would lend us $500,000 (inclusive of $100,000 previously advanced to us in December 2004 by Ms. Chassman) for operating capital pending our debt restructuring and completion of our private placements of units, and up to an additional $500,000 on the same terms if the private placement was delayed.... The two loans, both of which were made by Ms. Chassman, totaled $500,000 and bore interest at 6% per annum.... According to the agreement, we also issued the following individuals the following number of shares of our common stock:
Investor
Number of Shares of Common stock Margie Chassman
2,475,000
Wood River Trust
3,850,000
Esther Blech
1,225,000
Milton Chassman
1,225,000
Aaron Eiger
1,225,000
Mark Germain
500,000
Wood River Trust is a trust formed for the benefit of Evan Blech, the son of Ms. Chassman and Mr. Blech. The trustees of the trust are Harvey Kesner and Michael C. Doyle (no relation to our director, Michael J. Doyle). Esther Blech is the mother-in-law of Ms. Chassman. Milton Chassman is the brother of Ms. Chassman. These investors have agreed not to publicly sell their shares of common stock until November 2006 and if they sell their shares in a private transaction, the buyer must also agree not to sell their shares publicly until November 2006."
(The whole family's in on that one!)
Other companies who are involved with Chassman and Blech also have troubling outlooks: --In mid-August of 2005 NVLT.OB (another Chassman/Blech involved company) was at $4.47 a share. Today, it's worth .95c. --In mid-February of 2005 CEPO.OB (another Chassman/Blech involved company) was at $6.75 a share. Today, it's worth .24c.
How did Blech do it? http://www.sec.gov/news/digest/02-07.txt Excerpt: "From approximately June through September 1994, David Blech, the chief executive officer of D. Blech & Co., orchestrated a massive manipulative scheme designed to increase or stabilize the prices of a number of the biotechnology securities for which D. Blech & Co. was a market maker. As part of this scheme, David Blech routinely sold biotechnology stocks from D. Blech & Co.'s inventory accounts to brokerage accounts that Blech controlled that were in the names of other individuals and entities. These controlled accounts then sold the biotechnology stocks back to the brokerage firm or to other accounts controlled by David Blech. These trades created the appearance of active trading in the biotechnology stocks. Additionally, through this trading, Blech was able to reduce D. Blech & Co.'s inventory position in the biotechnology stocks, yet still artificially withhold from the market the supply of the biotechnology stocks."
So, with XKEM, how many shares of this roughly 1.3 billion O/S count do we all REALLY own? Long. For Real. No Flipping? Your guess is as good as mine.
REPORT OF INDEPENDENT ACCOUNTANTS To the Audit Committee of Xechem International, Inc. We have audited the accompanying consolidated balance sheet of Xechem International, Inc. and Subsidiaries (a Development Stage Company) as of December 31, 2002 and the related consolidated statements of operations, stockholders' equity and cash flows for the period ended December 31, 2002. The consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall consolidated financial statements presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Xechem International, Inc. and Subsidiaries (a Development Stage Company) as of December 31, 2002 and the consolidated results of their operations and their consolidated cash flows for the period ended December 31, 2002 in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has incurred substantial losses and negative cash flows since inception through the period ended December 31, 2002, had a working capital deficiency, and have realized minimal revenues to date. The Company's historical losses and illiquid financial position raise substantial doubt about the Company's ability to continue as a going concern. WISS & COMPANY, LLP ?Livingston, New Jersey ?March 6, 2003
While that audit is a few years old, it essentially predicted XKEM's true future and present condition at this time. Leaving nothing said of the begging questions of XKEM, Margie Chassman and David Blech's relationship and Blech's shady past, there's definitely more to this story than I've uncovered and certainly much more that will never be told.
So why go through all the trouble and take such HUGE risks on an indebted company with a very questionable future? There's millions of reasons (literally). One speculative scenario: Get in at the beginning and loan a company money that you know can't pay you back (resulting in consistently debt-ridden quarterly public financial statements) in exchange for huge amounts of shares (often times valued at far lower than the current PPS) and SHORT, SHORT, SHORT, in which case after the inevitable reverse splits come (3000:1 in XKEM's case in May of '03) and an ever-increasing float bears down on shareholders, those who have put themselves in a short position stand to make nearly incalculable gains. Bear this in mind: XKEM's initial IPO was $5 a share and it went as high as $13. It's now doing everything it can to stay above .03.
Other companies who are currently involved with Chassman and Blech also have troubled outlooks: --In mid-August of 2005 NVLT.OB (another Chassman/Blech involved company) was at $4.47 a share. Today, it's worth .98c. --In mid-February of 2005 CEPO.OB (another Chassman/Blech involved company) was at $6.75 a share. Today, it's worth .20c.
I'm not here to bash, and I'm certainly not telling you to buy or sell. Simply stated, as we all look forward to the apparent 'emminent' day when Nigerian approval becomes transparent, this is the information I have discovered while checking into whether or not XKEM would be worth a "true investment" on my behalf, and not just a daily 'flip' for a quick few hundred bucks.
This stock will come and go, just like the rest of them. And no doubt, Nigerian approval could do vast wonders for the immediate PPS (ie. CRDM and others), but stocks such as XKEM though must always remain a reminder that: "If it's too good to be true, then it probably is." GLTA,
This post is strictly 'in my opinion' and is interpretation only of the details listed in links provided above (among others), historical data, research and my own overall DD. Do not trade based on my opinions. DO YOUR OWN DD!
Posted by amswap on :
Dustoff suggested I might find some answers in his post. I have no idea what they are referring to.
Posted by Peaser01 on :
Here's the Phat Man bashing XKEM when the site was down for a little bit.
Posted by: The Phat Man In reply to: hurley cruppers who wrote msg# 11711 Date:6/27/2006 11:22:07 PM Post #of 21386
prolly get called a basher here, but here goes...
bandwidth is paid for by a company (or individual) to a web-hosting service and dictates the amount of information/access that can run to and from a website over a certain period of time. think of bandwidth as cell phone minutes. the company pays for hosting service in advance (say, for example, a "500 minute plan"). if the website exceeds the allocated bandwidth, then the company must pay more for extra (like paying a buck a minute for every minute you're over on your plan) or keep it the same and not receive full advantage of absorbing all visitors to its website. it would be good (and could allow for much fun speculation) if the website said "down for re-construction" or 'updating / scheduled maintenance... cannot access server". but, it's not good if a 'bandwidth has been exceeded' notice pops up when trying to visit/access xechemnigeria.org
it means one of two things: 1. the company didn't expect this much traffic so they paid for a smaller amount of bandwidth in advance only to find out later that they needed more. imho, it makes me wonder why they didn't just get the 'max' bandwidth allowance considering they're about ready to launch a new drug into the world (and how cheap bandwidth is comparatively). but, regardless, it's still not good anytime thousands of people cannot access your website and get the info they're looking for.
2. that the company has not paid the bill and thus has no more bandwidth allocated from the host server.
GLTA, The Phat Man -- Cashing checks in two forms: Money and Reality
Posted by Peaser01 on :
I had another link from who XKEM was purchasing their herbals from as well, but I have know idea what I googled to find it. I'll keep looking, maybe I'll remember in the coming days.
It had a list of customers and what they were purchasing on it.
Just P.O.'ed I have to find all this stuff all over again. Spent days researching this crap.
Posted by JohnDoe on :
Guys does it really matters if it's a scam or not? We all make TONS of money on this stock except for the one who got in .08+ lol...
Posted by Dustoff101 on :
Batman, thnx, amswap atleast we have something to work with now...Geez I was still aways away from it when Batman posted it..Lot of activity in there..
Posted by Peaser01 on :
quote:Originally posted by Batman: Here's the Phat Man bashing XKEM when the site was down for a little bit.
I don't think he was bashing.
I called Steve that day and told him that the site was down. He mentioned he would pass it on to them. The site was back up about 15 minutes later after being down for hours that morning.
Posted by Batman on :
quote:Originally posted by JohnDoe: Guys does it really matters if it's a scam or not? We all make TONS of money on this stock except for the one who got in .08+ lol...
Exactly, that's how I feel. Before XKEM had their big run, and before the approval came, any bashing or even negative facts about XKEM, realy pissed me off. No I don't care. Who can be mad with a 1000% gain.
Posted by Dustoff101 on :
peaser, I know from now on I am using the tons of memory I don't use, and my printers.! lol
the sturgeun?
Posted by Batman on :
quote:Originally posted by Peaser01:
quote:Originally posted by Batman: Here's the Phat Man bashing XKEM when the site was down for a little bit.
I don't think he was bashing.
I called Steve that day and told him that the site was down. He mentioned he would pass it on to them. The site was back up about 15 minutes later after being down for hours that morning.
If the reasons he said for the site being down weren't bashing, it was close to it. But there was some good info in the first post of his I put up. That's why I picked those two posts. He has two sides, He does great DD, but sometimes bashes. But even his bashes are welll writen and intelligent.
Posted by JohnDoe on :
I've join allstocks a few months ago and i've only see 2 threads that Purl-Gurl post on alot and that is NDOL and XKEM threads.For NDOL got in .41 got out 1.42 XKEM in .019 and flip it couple of times..now like they say buy Low sell HIGH but for me it's buy low sell high when the stock is rising not when the stock is dipping.
Posted by Peaser01 on :
quote:Originally posted by Dustoff101: peaser, I know from now on I am using the tons of memory I don't use, and my printers.! lol
the sturgeun?
lol, Printer's aren't much good unless you want to retype it. lol Phat's post was long.
One of these days I'll get out there or to B.C. to fish them sturgeon.
Posted by Peaser01 on :
quote:Originally posted by Peaser01: XKEM mentioned on Barrons:
lost a little on this trying to flip this week. this has become such a soap opera! too funny. I hope this turns out well for everyone who is in this.
On another note, I'm digging everyone's shortened names... tex, 10, mag, skip...good times!
I'm drunk, time to pass out...
Posted by Dustoff101 on :
Late night everybody? LOL
There is a saying......
"Hoot with the Owls at Night" ---> "Miss soaring with the Eagles in the morn'n"
Posted by E440 on :
Good morning all!
Welcome back Stock. It is good to see that the rumors of your demise were greatly exaggerated!
Posted by bond006 on :
Good morning everybody have to get ready for church but Steve will be back on the 14th of this month and he will have answers to a lot of our questions. I hope next week we get some news
Posted by T e x on :
Dust, see what you mean--Phat's essay is great. Giant DD, well put together...
Posted by Peaser01 on :
Sure is.
Posted by Purl Gurl on :
You men have not a clue about this company; you are clinging to whimsical dreams.
Dr. Kiralynne Schilitubi Professor of English
Posted by Batman on :
quote:Originally posted by Purl Gurl: You men have not a clue about this company; you are clinging to whimsical dreams.
Dr. Kiralynne Schilitubi Professor of English
Now would that be considered a bash??? I know some have deffended your posts, and said that your just showing the other side of things. But what you just said doesn't have much substance to it.
[ July 09, 2006, 12:08: Message edited by: Batman ]
Posted by Purl Gurl on :
You need to carefully read your signature line and you need to improve your spelling.
Dr. Kiralynne Schilitubi Professor of English
Posted by dollar13 on :
quote:Originally posted by Purl Gurl: You men have not a clue about this company; you are clinging to whimsical dreams.
Dr. Kiralynne Schilitubi Professor of English
do you have any positive info about this company?
Posted by Batman on :
quote:Originally posted by Purl Gurl: You need to carefully read your signature line and you need to improve your spelling.
Dr. Kiralynne Schilitubi Professor of English
Oh noooooo!!, Stop harassing me, please! please!,Stop harassing me, I can't take the personal attacks, Stop harassing me, Stop harassing me.
LOL you're silly PURL
Posted by E440 on :
quote:Originally posted by T e x: Dust, see what you mean--Phat's essay is great. Giant DD, well put together...
It is an interesting read. It does bring out the negatives of this company. It is also flawed.
Before anyone accuses me of being a pumper, read my signature.
Before I got this stock I researched it as most here have done. I made a list of pros and cons.
Two of the biggest cons were: A) It is in Nigeria. B) The financial backers.
Using the examples about the two companies is where the flaw comes in. First, both companies are fairly new. Secondly, the IPO is always high and then the stock will trend down and at some point, stabilize.
The IPO was high and then, once the company expanded the stock stabilized.
There are plenty of examples of other stocks like this to be found.
There are also plenty of examples of stocks that had a high IPO, elevated, and then dropped like a stone.
The future of this stock and company is very simple. If they can produce the drug and sell it, everything will take care of itself. If they cannot, this stock will be a sub-penny stock by the end of the year.
Either are a possibility.
Posted by T e x on :
"It is also flawed."
what's the flaw?
Posted by E440 on :
quote:Originally posted by T e x: "It is also flawed."
what's the flaw?
Read my whole post.
It is comparing apples to oranges.
Posted by T e x on :
lol, I *did* read it--you mention RHAT, which is Red Hat, no? Now there's some apples n oranges, eh...
you also write: "Using the examples about the two companies is where the flaw comes in. First, both companies are fairly new."
what two companies? which are new?
Posted by penguinking on :
I am not big on doing research, i can list at least 20 penny stocks that had great background good news and reports that did spike up and now are .000005 at price right now. but what i do like to read is the charts and from the looks of what i can see unless this stock gets a bit of momentum we are going to see a continuous downtrend.. too many sellers and not enough buyers, question is who is doing all the selling? looking at the intraday chart shows that there could be a little spike up on monday but eh th1 month chart makes me think we will see a down spike coming soon..
i will not bash or pump a stock i will just give my honest opinion...
Posted by penguinking on :
on another note though they use to own a company ticker symbol cepo that is doing ok for itself at .34 a share we can look at it two ways cepo by itself with its new staff was stronger or xkem set it up to be strong..
Posted by T e x on :
ya...CEPO had a *nice* bounce of late...wish I'd seen that one coming, lol
Posted by E440 on :
quote:Originally posted by T e x: lol, I *did* read it--you mention RHAT, which is Red Hat, no? Now there's some apples n oranges, eh...
you also write: "Using the examples about the two companies is where the flaw comes in. First, both companies are fairly new."
Take a look at the number of insider shares held here. If they were to all sell, it would probably bankrupt the company. Incidentally, this stock is going to have a 5:1 split in two weeks and it pays a dividend.
I acquired my shares when I worked for the company.
Posted by dollar13 on :
quote:Originally posted by penguinking: on another note though they use to own a company ticker symbol cepo that is doing ok for itself at .34 a share we can look at it two ways cepo by itself with its new staff was stronger or xkem set it up to be strong..
i saw more buyers than sellers last friday ,that is my opinion.
Posted by T e x on :
Sorry, I *still* don't get what you are calling "a flaw."
To me, the "point" is summarized here:
quote:"Simply stated, as we all look forward to the apparent 'emminent' day when Nigerian approval becomes transparent, this is the information I have discovered while checking into whether or not XKEM would be worth a "true investment" on my behalf, and not just a daily 'flip' for a quick few hundred bucks."
"Investing" would be heavily dependent upon knowing about the Blech connection, including the two companies you mention. I have no idea why you mention Red Hat, the linux company--a completely different sector--while maintaining Phat mixes apples n oranges. At this point, I would have to say Phat's essay is much more focused and developed than your critique.
Posted by T e x on :
quote:Originally posted by dollar13:
quote:Originally posted by penguinking: on another note though they use to own a company ticker symbol cepo that is doing ok for itself at .34 a share we can look at it two ways cepo by itself with its new staff was stronger or xkem set it up to be strong..
i saw more buyers than sellers last friday ,that is my opinion.
on cepo, you mean?
Posted by Batman on :
Tex, I like how you try to bring out pure facts.
I think alot of people that appear to be bashers(like purl gurl), are trying to point out aspects of a company that may be overlooked, but fail to do it productively.
Posted by dollar13 on :
i was talking about XKEM ...
Posted by T e x on :
quote:Originally posted by dollar13: i was talking about XKEM ...
you think XKEM was dominated by buying pressure on Friday?
Posted by E440 on :
quote:Originally posted by T e x: Sorry, I *still* don't get what you are calling "a flaw."
To me, the "point" is summarized here:
quote:"Simply stated, as we all look forward to the apparent 'eminent' day when Nigerian approval becomes transparent, this is the information I have discovered while checking into whether or not XKEM would be worth a "true investment" on my behalf, and not just a daily 'flip' for a quick few hundred bucks."
"Investing" would be heavily dependent upon knowing about the Blech connection, including the two companies you mention. I have no idea why you mention Red Hat, the Linux company--a completely different sector--while maintaining Phat mixes apples n oranges. At this point, I would have to say Phat's essay is much more focused and developed than your critique.
I'll go slow.
I mentioned Red Hat to illustrate the similarity in the initial price, followed by a drop, followed by a stabilization.
The Blech connection also shows something else, the companies do show an increased share price. Unfortunately, they also show a drop in the share price. Again, that happens with a majority of companies.
We can sit here and discuss this all day long. It really has no bearing on what the stock is going to do. Only the company will determine that. If they fail to live up to the expectations they have set forth, they will be gone.
Posted by dollar13 on :
quote:Originally posted by T e x:
quote:Originally posted by dollar13: i was talking about XKEM ...
you think XKEM was dominated by buying pressure on Friday?
yes that is my opinion
Posted by T e x on :
Dollar, looks like to me they've had red days 4 of the past 5... ???
not always red days mean sells.
Posted by Leslie C on :
Wow! Good morning, afternoon everyone.
Stock! So glad to see you back. Get plenty of rest. Take care of yourself.
All of the information on the other board is a wash? Why is that? I read these 10 pages and I'm glad that we are getting some of the DD reposted, but a lot of time and effort spent there is just gone.
Posted by T e x on :
quote:Originally posted by E440:
quote:Originally posted by T e x: Sorry, I *still* don't get what you are calling "a flaw."
To me, the "point" is summarized here:
quote:"Simply stated, as we all look forward to the apparent 'eminent' day when Nigerian approval becomes transparent, this is the information I have discovered while checking into whether or not XKEM would be worth a "true investment" on my behalf, and not just a daily 'flip' for a quick few hundred bucks."
"Investing" would be heavily dependent upon knowing about the Blech connection, including the two companies you mention. I have no idea why you mention Red Hat, the Linux company--a completely different sector--while maintaining Phat mixes apples n oranges. At this point, I would have to say Phat's essay is much more focused and developed than your critique.
I'll go slow.
I mentioned Red Hat to illustrate the similarity in the initial price, followed by a drop, followed by a stabilization.
The Blech connection also shows something else, the companies do show an increased share price. Unfortunately, they also show a drop in the share price. Again, that happens with a majority of companies.
We can sit here and discuss this all day long. It really has no bearing on what the stock is going to do. Only the company will determine that. If they fail to live up to the expectations they have set forth, they will be gone.
wheee..."go slow" wanna crack wise, eh? Fine... suggest you speed up, lol... one of your points was mixing apples/oranges...you got enough to make fruit salad. "The Blech connection also shows something else, the companies do show an increased share price. Unfortunately, they also show a drop in the share price." Doh! stocks rise and fall: WHAT IS your point? lol..."go slow"
"It really has no bearing on what the stock is going to do." Ya, the financing of a bio-tech has little to do with its success....gotchya Posted by T e x on :
quote:Originally posted by dollar13: not always red days mean sells.
so, what's the distinction--there at the bottom of stockcharts graphs--the black and red volume bars...what's the difference?
Posted by E440 on :
WHAT IS your point? lol..."go slow"
The point is that they invested money, they expect the companies to make money. That is why they invested in the first place.
quote: It really has no bearing on what the stock is going to do." Ya, the financing of a bio-tech has little to do with its success....gotchya
It really doesn't. What the company does after the initial financing is what matters.
Take this company for example, XKEM, they have, in my opinion, used up all of their financing prospects. Given their track record for borrowing vs production, I would be hesitant to lend them money unless they could show me proof of what they have.
That is what we are all waiting for.
Posted by Peaser on :
I honestly thought that XKEM had/has the chance to move similiarly as GTEL did last year before the R/S in pps. Now the percentage gain was much greater than GTEL, but the pps is not there.
GTEL(now GTE) had 1.5 Billion A/S about 1.1 Billion O/S last year at the time of the 15:1 Reverse Split when it was trading around $.30. Now this ran from about .06 in December 2005 to about .34 in April 2005. A 500%+ gain.
XKEM has 1.9 Billion A/S about 1.2 Billion O/S XKEM ran from about .0065 in February 2006 to .11 in June 2006. A gain of 1600%+.
Now GTEL at the time had a tainted past, yet somehow pulled off a move to the AMEX. I'm still not sold on the idea that GTEL is legit, however it made it's run, folks made/lost a bunch of cash and now trades between $1-$5 post R/S.
XKEM has a tainted past as well. It may pull back over the coming weeks, months. Who knows.
It is in a current downtrend coming off of the High's of June. When the downtrend will be broken can only be decided by the controlling cash flow and interest in XKEM.
Who knows, maybe off shore hedge funds could be taking it down, or just a lack of interest?
Posted by T e x on :
Man, o man...
Your original point was the Phat essay is flawed; said essay discusses the troubling connection to Blech, which calls into question capacity for borrowing vs production; yet, you summarize thusly: "Given their track record for borrowing vs production, I would be hesitant to lend them money unless they could show me proof of what they have."
So, basically you agree with the essay you find flawed...
Posted by T e x on :
Pease,
how do we know this?
"XKEM has 1.9 Billion A/S about 1.2 Billion O/S"
Posted by Peaser on :
quote:Originally posted by T e x: Pease,
how do we know this?
According to the SEC filings.
Now, your point is also a valid concern, as a company may dilute and we wouldn't know about it until new SEC reports come out.
Posted by E440 on :
quote:Originally posted by T e x: Man, o man...
Your original point was the Phat essay is flawed; said essay discusses the troubling connection to Blech, which calls into question capacity for borrowing vs production; yet, you summarize thusly: "Given their track record for borrowing vs production, I would be hesitant to lend them money unless they could show me proof of what they have."
So, basically you agree with the essay you find flawed...
I agree with the essays intent, to present the facts about the investors. I believe that the examples of the two companies are flawed, not the entire essay.
As part of my research, there are other factors that are involved.
If you were to apply for a mortgage, there are things that the mortgage company will want to know, actually, the lender wants to know.
One is do you have the ability to repay the loan. The other is have you shown the ability in the past to pay loans.
If you are deficient in either area, you may not get a loan. If you are deficient in both areas, you will not get a loan from a conventional lender.
In my opinion, if I were a lender, I would not lend this company a dime as their track record in the two areas above does meet the criteria.
That is where private investors step in. They are willing to take risks in order for a big payoff. This may be in the form of stock options, promised payoffs, etc. No matter what, they expect to make money one way or the other.
I am sure your next question will be, why did you buy this stock.
At the price I bought it at, it only had to go up a penny in order to double my money. A fairly low risk investment in my opinion.
Posted by T e x on :
quote:Originally posted by Peaser:
quote:Originally posted by T e x: Pease,
how do we know this?
According to the SEC filings.
Now, your point is also a valid concern, as a company may dilute and we wouldn't know about it until new SEC reports come out.
ya, last I knew, calls were going out to get the company to confirm share structure cuz TA is gagged, right? And the company refused to answer? or simply didn't respond? I forget...
Posted by T e x on :
"I am sure your next question will be, why did you buy this stock."
Nope. Actually, doubtful I could care any less...never crossed my mind.
"I believe that the examples of the two companies are flawed, not the entire essay." So your point is, it's a plus the company is at least good enough to attract private investment?
Posted by Peaser on :
I'm still working at figuring the legitimacy of this out:
The I-Watch Total Trade Volume pie charts allow users to determine whether Institutional or Retail investors are driving today's price movement for this stock.
After a broker/dealer executes a trade, it often reports the trade to Thomson's proprietary communications network. The Total Trade Volume Chart segments each trade as either Institutional or Retail, based on the broker reporting the trade.
Institutional - a trade reported by a major brokerage firm which typically trades on behalf of major mutual funds/portfolio managers. While these firms also have retail branches, the amount of trades reported on behalf of institutional investors dwarfs the limited amount of retail trades that are reported.
Additionally, Institutional brokers often maintain internal house trading accounts as "market makers." When these firms report their trades it is impossible to determine whether the trades were executed on behalf of an institutional client or for the firm's own house trading accounts. While trading patterns for institutional clients and house accounts tend to differ, the fact that "Big Money" is behind the trades means that these investors/traders have the ability to move markets.
Retail - a trade reported by a broker that primarily executes on behalf of retail investors, such as Charles Schwab's Mayer Schweitzer.
Non I-Watch - this portion of the chart refers to trades not reported over Thomson's proprietary communications network. Broker participation is voluntary, so it is rare that all trading volume is accounted for. These trades can be related to either institutional or retail trading.
Compare today's activity to prior 30-day average - this comparison lets you know if today's activity, specifically the breakdown between Institutional and Retail, is "unusual" relative to the rolling 30-day average. Posted by E440 on :
quote:Originally posted by T e x: So your point is, it's a plus the company is at least good enough to attract private investment?
For the short term, yes. I think we have passed the short term phase, after all,10-15 years should be long enough to show something!
For the long term, if they can produce and sell the product, definitely yes. If they can't, no way.
Posted by dollar13 on :
Dollar, you have an unanswered question, I think--thanks
Posted by Peaser on :
Crap. Thanks I forgot!
Tied 1 - 1 now.
Posted by dollar13 on :
quote:Originally posted by T e x:
quote:Originally posted by dollar13: not always red days mean sells.
so, what's the distinction--there at the bottom of stockcharts graphs--the black and red volume bars...what's the difference?
TEX volume could change any day really noboby knows how high or low volume is going to be...
Posted by T e x on :
quote:Originally posted by dollar13:
quote:Originally posted by T e x:
quote:Originally posted by dollar13: not always red days mean sells.
so, what's the distinction--there at the bottom of stockcharts graphs--the black and red volume bars...what's the difference?
TEX volume could change any day really noboby knows how high or low volume is going to be...
sorry, not an answer...try again, please
Posted by trade04 on :
gagged TA? lame
Posted by dollar13 on :
red volume bar= EOD pps below previous close green volume bar=EOD pps above previous close
i am not sure exactly what you are asking..
Posted by penguinking on :
usually i red candlestick means a lot of people selling ... generally if people are buying the stock doesnt go down, unless the stock is being flooded by more shares but then again i could be wrong... lot of sellers friday imop
Posted by trade04 on :
you can seriously tell this stock has run out of running material, you all are now talkign about candlesticks! lmao...that siht dont work with otc/otcbb.....
Posted by dollar13 on :
MM's can manipulate the price and bring it down for the only purpose to get cheap shares, that is the way i see it. i could be wrong too .
Posted by T e x on :
quote:Originally posted by dollar13: red volume bar= EOD pps below previous close green volume bar=EOD pps above previous close
i am not sure exactly what you are asking..
I understood you to say red volume bars could occur even though the day was dominated by buying pressure...yes?
green bars...don't see any, only red n black on my screen
originally, you said Friday had more buyers than sellers...seems counter-intuitive to me, so I wanted to know why you said that...
Posted by trade04 on :
quote:Originally posted by dollar13: MM's can manipulate the price and bring it down for the only purpose to get cheap shares, that is the way i see it. i could be wrong too .
i've heard these exact words for YEARS, it noramlyl means a sell off coming, whichb is understandable...
Posted by amswap on :
Tex - I'm going to try to behave today. Looks like you have your hands full enough as it is!
Posted by dollar13 on :
i am not very good reading the chats but i notice than when is a constant buys and sell at the same time price is goin up ,ok then i notice when is more buys than sell price going down anyway i could be wrong but like i said i am not an expert that is just my personal opinion.
Posted by dollar13 on :
correct me if i am wrong...
Posted by dollar13 on :
quote:Originally posted by dollar13: i am not very good reading the chats but i notice than when is a constant buys and sell at the same time price is goin up ,ok then i notice when is more buys than sell price going down anyway i could be wrong but like i said i am not an expert that is just my personal opinion.
Posted by dollar13 on :
sorry for that reply
Posted by my_2_cents on :
quote:Originally posted by T e x:
quote:Originally posted by dollar13: red volume bar= EOD pps below previous close green volume bar=EOD pps above previous close
i am not sure exactly what you are asking..
I understood you to say red volume bars could occur even though the day was dominated by buying pressure...yes?
green bars...don't see any, only red n black on my screen
originally, you said Friday had more buyers than sellers...seems counter-intuitive to me, so I wanted to know why you said that...
Tex, while you are on the topic could you set me straight on this subject. As I understand it, people are 'buying' on green ticks and 'selling' on red ticks, right?
And in reference to $'s statement, for instance, even though there are more red ticks in a day there could be some gap purchases so that the EOD could be green, right?
Posted by dollar13 on :
i want to learn from people that is why i am here and don't laugh about my mistakes correct me and i will be grateful.
Posted by worthashot on :
quote:Originally posted by Stock_Feign:
quote:Originally posted by Stock_Feign: just so you guys know i did call the "head" office in New Jersey and spoke to Barbara. She is ignorant when it comes to giving information about the company so i lied about who i was and said i was an attorney of law representing shareholders that are being mislead by false information and lack of integrity and transparence with shareholers, she didnt know what to do so she gave me the number to their attorney office in Chicago where i spoke to Susan...XKEM in my honest opinion has lost every bit of credibility on my side at every angle, i tried to not look at it as an empty shell like most the pinks and otcs but...truth is hard to beleive sometimes.
well to make this clear, since i knew Barbara would be getting many phone calls from shareholders asking about PRs and such, at one point she was going to say anything to them so they would stop botheting her, my approach was to make it more serious escalade it to a point where she would feel the need to be honest with me. When she ran out of things to tell me she told me to call Susan ( i forget the last name), i called and all she had to tell me was, " i dont really know what are you looking for, i am not sure what information you need, you should contact the company ( i.e the CEO ) in email or letter ( who has the time for that and will they ever respond ?..no) and ask them what you need. I pretty much questionned the intergrity of the company, " You cant throw things like a president's name and the FDA into a press release when there are NO OTHER outside sources stating your company's name and the "real" events other than your sources. If you are going to make a drug that will change the world, and your CEO is meeting up with the PRESIDENT of Nigeria, there has GOT TO BE some type of coverage somewhere...and there is none, hence my lack of trust in XeChem.
Apparently Barbara only talks to Big Daddy and Bond006, oh and probably "Alex" too.
Posted by 10 on :
Wow..in less than 24 hours..this thread has made it to page 11? Wish the PPS would move like that....LOL
Posted by worthashot on :
Predictions for tomorrow anyone? Will a good pr be able to save this stock from going down?
Posted by amswap on :
Depends on what people are looking for in a pr. I want them to address the dilution rumor and perhaps answer the question about how they expect to make 1/2 a billion in the Nigerian market alone when there are only 4 million with the disease. If they are saying it costs $20 a month for the pills and it is ongoing for life, then it would take 5 years to make that much money. With what they owe everyone and the percentage they are paying out to the government, etc., when do they realize a net profit the shareholders will eventually profit from? Much discussion is for long term. I'm not in it for long term. At least I wasn't. Good news would address all the questions raised on all the boards and make this company as transparent as possible.
Posted by Relentless on :
quote:Originally posted by worthashot: Predictions for tomorrow anyone? Will a good pr be able to save this stock from going down?
Waiting for a pr is pointless.. If you do find yourself waiting for a pr it is clear evidence that you should have been out of that stock a week ago.
Posted by Peaser on :
Generic Name: niprisan Designation: Treatment of sickle cell disease Trade Name (if present): Hemoxin Sponsor Contact Information: Xechem International, Inc. New Brunswick Technology Center 100 Jersey Avenue, Building B, Suite 310 New Brunswick NJ 08901 Date Designated: 8/15/2003 Date Approved
Posted by amswap on :
quote:Originally posted by Relentless:
quote:Originally posted by worthashot: Predictions for tomorrow anyone? Will a good pr be able to save this stock from going down?
Waiting for a pr is pointless.. If you do find yourself waiting for a pr it is clear evidence that you should have been out of that stock a week ago.
Not necessarily true. They could put a pr out tomorrow that would cause this thing to explode and the pps to gain a 10 - 50% increase if only for a few minutes. Not saying it will happen but it could. So those still in this hoping for any upward momentum based on whatever it might be are wrong for being in this? I don't think so.
Posted by Relentless on :
It is true.. I've been in this game a while.. and the one constant is that after a stock runs and is begining it's drawn out demise, the first thing shareholders start to say is... "we need a pr"... "Wow.. just imagine what a pr could do" Bla bla bla. That kind of talk is almost always the death signal...
Posted by dollar13 on :
Ams if we don't see a pr by tomorrow do you think price will still coming down???
Posted by amswap on :
Then you haven't been around very long. I've seen many times when a stock seemed completely hopeless and they make an announcement and it shoots up, sometimes as more than 100% within minutes and then right back down the following day. One thing is almost sure in this and that is you never really know what to expect. But telling people that it is definately over based on some past bad experience is not a responsible thing to do.
Posted by amswap on :
quote:Originally posted by dollar13: Ams if we don't see a pr by tomorrow do you think price will still coming down???
My picks and predictions are really bad on this one. I do think we'll see a red day tomorrow if there isn't a pr and I see no reason why they would put one out. There may be spikes where we see green, but it will steadily be dropping until they clarify the dilution rumor.
Posted by dollar13 on :
i understand well will see what happen.
Posted by Peaser on :
I am doubtful of seeing any new PR anytime soon, but that is JMO.
Xechem doesn't seem to put out too many PR's in the first place.
So, not any new surprises for me.
I am guessing that tomorrow may be a green day, then a possible downtrend continuance.
Posted by amswap on :
You think it might close green tomorrow?
Posted by T e x on :
quote:Originally posted by amswap: Tex - I'm going to try to behave today. Looks like you have your hands full enough as it is!
lol, like herding cats
am reminded that some who post do so merely to post *something*
don't know why that is, but it is...
Posted by Peaser on :
ROFL. Love the analogy Tex.
Got many cat farms in Texas?
Posted by T e x on :
quote:Originally posted by dollar13: i want to learn from people that is why i am here and don't laugh about my mistakes correct me and i will be grateful.
quote:Originally posted by Peaser: ROFL. Love the analogy Tex.
Got many cat farms in Texas?
Even one would be too many!!!
Posted by Dustoff on :
Hey thats glassmans line! "Cat Herder....great laugh on that one a few times...
Posted by T e x on :
quote:Originally posted by my_2_cents:
quote:Originally posted by T e x:
quote:Originally posted by dollar13: red volume bar= EOD pps below previous close green volume bar=EOD pps above previous close
i am not sure exactly what you are asking..
I understood you to say red volume bars could occur even though the day was dominated by buying pressure...yes?
green bars...don't see any, only red n black on my screen
originally, you said Friday had more buyers than sellers...seems counter-intuitive to me, so I wanted to know why you said that...
Tex, while you are on the topic could you set me straight on this subject. As I understand it, people are 'buying' on green ticks and 'selling' on red ticks, right?
And in reference to $'s statement, for instance, even though there are more red ticks in a day there could be some gap purchases so that the EOD could be green, right?
Given that MMs can get away with murder in pennies, I don't know how one knows for certain about any given transaction. In theory, an uptick (green) is a buy, a downtick (red) is a sell...simple Ask/Bid dynamics. But we know sometimes peeps get filled on buys between Bid/Ask, eh? Sometimes even at bid...
Also, MMs can hold orders and make out on the spread. Even Time/Sales not conclusive, except for obviously small MM blocs...
not sure what you mean by "gap purchases," sorry.
Overall, the volume bars are indicative of days dominated by buying (black) pressure (demand) or selling (red) pressure (supply). IMO, "red" days not necessarily for any given stock--volume is volume (interest).
btw, there's plenty of traders here better versed to address these questions--that's simply my take...
Posted by amswap on :
Excellent description Tex. Sadly, the charts won't change what the MMs are doing. They can manipulate those charts very easily. While past performance may indicate a certain trend, they can change that trend with little effort. That's why so many think charts are worthless in the pennies. They naturally help, but they are not as accurate an indicator as they are on the big boards.
Posted by Egg Inspector on :
quote:Originally posted by T e x:
quote:Originally posted by Egg Inspector:
quote:Originally posted by T e x: I replied to your "analysis," Eggie...
I said the Nigerian bank scam letters are full of highfalootin' language and twisted syntax as well as sense of urgency to cash in on available million$... no real difference here.
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I guess I'm going to show my 'lack of paying attention' but, I don't have a clue who Alex is or how him being associated with a letter or post matters??
Eggie, eggie, eggie...talk about eggsasperating, lol...
worthashot posted, *then* re-posted:
quote:I replied to it egg. I replied that it was one heck of a coincidence that it is the same "Alex" that miraculously found that Nigerian article (the one that started this entire XKEM run) from 6/18/06 by mispelling "Nicosam" in his websearch (see ihub and pennnypickers posts form june 21st to confirm). I have real problems with him being fed info to share to us and lying about the sources. I am not a basher, but I am getting more skepticle every day about XKEM.
Listen, I want to clear my end up on this.
I do not have any opinion on Alex, I only asked who the heck he was? I said that "I did remember the misspelling' and that's it.
as far as the language usage post, I still am confident the writer was innocent in 'writing it' (in that I mean it wasn't an American, or English speaker in N.J. creating a fraudulent letter IMHO) and that's all.
I was falling asleep last night and dropped out before I could read this far.
I didn't want anyone to think I was sticking up, or arguing ANY opinion on the infamous 'Alex', in point of fact, I was showing my ignorance by admitting I had no idea how, or where, or what Alex had to do with any of this.
sorry for the confusion Posted by Relentless on :
It's not the MM's.. It is the fact that even though there were more buys than sells the volume was such that it warranted a down day... Why? Because it is supply vs demand If there is an excess of shares and demand is not enough to buy all those shares.. the price goes down. Blame it all on evil market makers if you want.. but that will only lead to an empty account.
Posted by amswap on :
The mms dictate the trend most of the time. If they have a 100 orders for .10 and 100 orders for .08 and they want the trend to go down they can execute those orders in the order they want to manipulate the direction, thereby causing more sells and/or more buys. They can push the direction in any way they choose if the orders are coming in such a manner that would allow it. Simple facts prove they have the ability to push the stock one way or the other. Not saying it happens to every stock every day, but it definately does happen.
Posted by T e x on :
quote:Originally posted by Relentless: It's not the MM's.. It is the fact that even though there were more buys than sells the volume was such that it warranted a down day... Why? Because it is supply vs demand If there is an excess of shares and demand is not enough to buy all those shares.. the price goes down. Blame it all on evil market makers if you want.. but that will only lead to an empty account.
I'm not saying "evil MMs" for the balance of a day...but I don't know any way to distinguish a given transaction; and let's face it, they play their little tricks. Can you distinguish a Joe Retail buy/sell on a given transaction?
Posted by Egg Inspector on :
I haven't been able to find it, IT IS IN THE OLD THREAD, the news story about the 'Patent Drain', where people were actually at the State House, with the follow-up. the Presidents' or the 'Interior Minister' one of the Nigerian Big-wigs released a follow-up statement saying in essence 'I'm para-phrasing': "they were OK with this because in order to bring this 'Nigerian discovered medicine' to market they would need an outside firm with the resources, and ability to produce and deliver to people of Nigeria, and then the world (or market)". I have no ref.link. cannot locate now. It is in the old thread.
Posted by bond006 on :
I can't tell youn about next week but in the month of July I exspect at 2 to 3 very good positivr pr's. Funny thing we know about this comoany now and some people in the medivcal business do but the word really is not out yet. By the end of july might be a different story.
Posted by Peaser on :
quote:Originally posted by money 76: guys did u check this was on the newspaper today in nigeria . i think this is not posted by anyone imo .Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
I am probably way behind on this, and should just keep reading but, Alas, I am the Egg...LOL
did Money ever provide the link for the above article??
Posted by dollar13 on :
quote:Originally posted by Purl Gurl: "Historically, a similar remedy was mentioned in the book titled “Iwosan” published by the late Dr. Odumosu at the turn of the century. However, the modern day origin of what later became patented as NIPRISAN was due to the late Rev. Paul Ogunyale, then Pastor of the First Baptist Church in Ibadan, Oyo State, Nigeria, who brought the attention of Prof. Charles Wambebe, former Director General, NIPRD in late 1992 to a herbal recipe of the drug."
____
This herbal mixture was not discovered nor developed by Pandey. This mixture has been in existence for close to one-hundred years.
Why the need to spend tens of millions of dollars on this?
How much money is being paid to Nigeria? How much money is being paid to Ogunyale? How much harm was caused to Nigeria by Xechem taking away the jobs of thousands?
Why was the original deal so closely guarded in secrecy? Why the public uproar and subsequent authoritarian intervention?
What deals have been cut behind closed doors?
Purl Gurl
no bashing here. just a comment:
**How much money is being paid to Nigeria?
**How much harm was caused to Nigeria by Xechem taking away the jobs of thousands?
the factory is being built in Nigeria, produced by Nigerians, supplied to the world from Nigeria
I would guess Nigerians would be working there. Nigerians would be paying income tax to Nigeria. I think it is safe to assume Xechem would pay (besides any royalty deal) corporate taxes, business taxes etc..
Purl, you do know they are producing NICOSAN in Nigeria, right? Posted by JF Glass Works on :
quote:The simplest way to detect MMM in your company’s stock is to have one or more of your administrative personnel monitor the stock-chat message boards for comments or complaints about trading of it. Only unusual commentary or atypical stock price or volume activity would be cause to investigate further. We recommend monitoring trading in your company’s stock on L2 when posting activity increases, stock price or volume behavior is atypical, or a large number of complaints are detected on the stock-chat message boards. The level of sophistication can often be determined by reviewing the aliases’ posting history, a feature available on both Raging Bull and Yahoo! Finance stock-chat message boards. Finally, you should not respond directly to stock-chat message-board complaints because, as a company insider, you may violate the SEC’s Regulation FD (Fair Disclosure).
Posted by Relentless on :
quote:Originally posted by T e x:
quote:Originally posted by Relentless: It's not the MM's.. It is the fact that even though there were more buys than sells the volume was such that it warranted a down day... Why? Because it is supply vs demand If there is an excess of shares and demand is not enough to buy all those shares.. the price goes down. Blame it all on evil market makers if you want.. but that will only lead to an empty account.
I'm not saying "evil MMs" for the balance of a day...but I don't know any way to distinguish a given transaction; and let's face it, they play their little tricks. Can you distinguish a Joe Retail buy/sell on a given transaction?
Hits on the ask are buys and hits on the bid are sells.. Yes there are games, but nothing like what pennyland rumors them to be. This whole MM conspiracy was a tactic for pumpers a long time ago to keep people buying and keep holders holding so the company could dump all the shares they could at elevated prices. It has since turned into common knowledge for most in pennyland because few if any actually think about the dynamics of the situation. MM's don't care about pinksheets companies.. this is not where they make their money. When you or I sell our shares of ABCD at .05.. they are the ones buying those shares from us... They have no choice but to hold those shares untill one of us buys them back from them.. If volume dries up and supply/demand switches to supply side bias, the price drops because they have to keep the market liquid...As those prices drop the MM's lose money... forever because in all probability that company will never again rise to those lofty prices... Market makers play some games.. no doubt. But when it comes to duping us out of our money like is suggested on this and every other message board.. It just does not happen.
Posted by T e x on :
so, the answer is no? Posted by Relentless on :
lol.. the answer was a yes actually
Posted by my_2_cents on :
This leads me to wonder, there have been a high percentage of days in the past few weeks that XKEM stock dropped quickly in the morning and then recover (for the most part) by the EOD. Does this smell of the MM's short-selling?
And also could the MM's have been responsible for what happenned on Thurs. 7-6 by them Naked Short-Selling?
After all this was one of the top volume trading stocks for a couple of weeks there.
Any thoughts?
Posted by amswap on :
You don't give them near the credit they deserve formanipulating the minute by minute exchange of stocks and the pps represented relentless. You have a basic idea of what is goingon, but you miss the subtle way they nearly always make money. Part of the explanation would be when you put in an order to buy at .10 and the bid is .098 and ask is .102. You may not get filled if they want the pps to rise to .104 or more and you see the dynamics change immediately. They may have 100 orders between the bid and ask showing with even more people willing to sell at the .10. They hold those orders until they get some buyers willing to pay the .102 or .104. They aren't buying as many orders as they are matching them. Thius is manipulation. And they do it constantly. When they have the fills at the higher level they will turn around and do the same thing in the other direction so the can load up only to later take it in the other direction. Wake up and realize that they do in fact have lots of control over the immediate pps. When news breaks or something causes the stock to become very popular, they still work their magic, it's just a lot harder to tell.
Posted by Relentless on :
Amswap, thank you kindly for the condescending tone.. but I've been watching the market for more than a minute. There are some games they play to keep the market liquid while still trying to run a profitable business... They do not manipulate the market though... they keep it liquid. At some point market makers will be out of business, and when that happens, these same scam stocks will react just like they are now.. and poor little pumpers will have to find someone else to blame.
Posted by amswap on :
I wasn't being condescending. And do you seriously think I am pumping this stock?
Posted by Peaser on :
Spam attack on the Hot Stocks Board. lol
Posted by Relentless on :
no.. I never said you were
Posted by amswap on :
quote:Originally posted by Peaser: Spam attack on the Hot Stocks Board. lol
Taken care of Peaser! Funny he thought he would actually get away with that.
Posted by 10 on :
Peaser...you lost weight to? How many is that?...Dang....I won't be able to recognize anyone...LOL...
I see that we still (after 12 pages) haven't come to any XKEM conclusions?
I think the PPS will slowly fall until after June 14th...I also hope that I am very wrong...
Posted by BooDog on :
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freeken pos lost the page eh?
Posted by amswap on :
Unfortunately I agree with you 10. What would change after the 14th?
Posted by amswap on :
Boo, there was a problem with someone and I think rather than do something to that person, they just wiped the entire thread out.
Posted by T e x on :
quote:Originally posted by amswap: Boo, there was a problem with someone and I think rather than do something to that person, they just wiped the entire thread out.
nope...apparently one of those rare "technical difficulties"
Posted by 10 on :
quote:Originally posted by amswap: Unfortunately I agree with you 10. What would change after the 14th?
It's my understanding that is when "Steve" is do back...and depending on what "he" puts out...may take a turn...which way??? Don't know...
Posted by amswap on :
quote:Originally posted by T e x:
quote:Originally posted by amswap: Boo, there was a problem with someone and I think rather than do something to that person, they just wiped the entire thread out.
nope...apparently one of those rare "technical difficulties"
I stand corrected!
Posted by amswap on :
As slow as they are getting news out, it might be sometime in August before he is capable of getting any news to us. As important as this past week was and the number of people trying to get answers from directly contacting them and they don't bother giving any type of response, they likely won't do anything for some time to come. They could have saved diluting (if that is what they have done) by simply putting out a pr and let the pps move in a positive direction and have the same end result.
Posted by BooDog on :
I know what i think...and I know I'm holding at a loss right now as far as what I put back in for a flip that went the wrong way. It was a profit buy anyway so I plan on holding for a while. Support is rising even as the bears are pushing. A little good pr and this should start another upward push. A little too risky to put all my eggs in but worth keeping an eye on.
Posted by Egg Inspector on :
quote:Originally posted by Stock_Feign:
quote:Originally posted by amswap:
quote:Originally posted by Stock_Feign: i also threw at them the "revenue" of the company, the childish website they have up ... look at any pharmaceutical company's website, you catch my drift. People imo, need to stop trying to convince themselve with empty google searches, because honestly, if your company really was doing what it was saying, wouldnt there be enough truth that you wouldnt have to keep asking and wondering if it is true or not... my call.
I agree stock. I haven't been pumping this company. There is solid evidence and there is made up evidence. I am simply challenging the made up part. If people could see what I was posting in the other thread, there would be no question about my not pumping this stock.
people pump stocks because they are in them and of course they want them to go up, but there is a diffrence between being realistic and gullible. Most posts that keep stating the SAME OLD "fda, orphan drug...150mil revenue...this will do and that will do and the company will..." WILL HAPPEND isnt the question, its WHAT IS HAPPENING now that matters. There is WAY too much made up useless trash thats somehow supposed to be positive its disgusting. 1$ pps...2 years....0.20 after PR!!!! no, we are at lower than where we were at while waiting for the PR. i know what you mean AMS. we are on the same page.
There is WAY too much made up useless trash thats somehow supposed to be positive its disgusting. 1$ pps...2 years....0.20 after PR!!!! no, we are at lower than where we were at while waiting for the PR. i know what you mean AMS. we are on the same page.
I don't know that there 'way too much' made up trash...the comments like .20 after PR and $1 PPS are on every single thread where there is any excitement. they certainly don't count as 'Made up trash', in the sense I am talking. those are usually comments by people like 'you and me', when we're on a roll and we've just come up 65% in 2 days. Then it's 'what do you think is coming?' and of course it comes back, "I tink we'll be at .20 after we finally get the PR!" "we could be at a $1 by end of summer!" that's just dreaming, wishful thinking.
the made up trash I am, and I think we are all trying to find out about are IMHO;
* "did they have a launch with the Pres. of Nigeria?"
* "are they beginning production of a drug called NICOSAN in Nigeria?"
* ""is there really a potential billion dollar market for this medication?" etc.... the rest is said on every thread with Momo and excitement.
Posted by Egg Inspector on :
quote:Originally posted by Dustoff101: I want to discuss Offshore Hedge Funds,shorting this stock [ kiss of death? ] the Gates Foundation, dilution, the credibility of those involved, [ huge problem there ] because of the Phat mans editorial....
How on Earth can a fella go forword with issues like that hanging in the Air?
[ huge problem there ] because of the Phat mans editorial....
Does anyone have Phats Editorial?? I have never seen it! please re-post
Posted by 10 on :
Egg...batman reposted it...I think it is on about page 9 of this thread..
Posted by E440 on :
Posted by: The Phat Man In reply to: None Date:6/21/2006 12:48:37 PM Post #of 21386
Speculative interpretations and dissertation on XKEM.
The Big Question:
As of late, as we all sit lying awake at night, hoping and praying for Nigerian approval of Xechem's SCD drug, Nicosan, many questions have been asked from one stock board to another about XKEM and its relationship to Marjorie Chassman and, as well, the validity of XKEM itself. Who is this woman? Is she some ultra-rich financier who has a steadfast head for investing large sums of money into indebted biotech companies in an era when biotech has long since passed its peak? Is she richer and smarter than the world's banking industry itself? Can her financing actually enable the smaller investors to predict the future? The short answer is, no.
Along with all the other XKEM hype, Marjorie Chassman begs the biggest question of them all: Looking into the near future, if Xechem is such an incredible company with so much promise that (as shareholder board posts would have one believe) it simply cannot be denied, then why cannot this company, over the course of so many years (since its inception in the early 90s) acquire real loans from real banks to be paid back with real profits? And why must XKEM look to such "generous" individuals as Margie Chassman for a majority of its loan structure/value, while continuing to increase its float and reverse split, since before and after the turn of the century?
One answer and one name: DAVID BLECH
Has anyone ever heard of the famously coined phrase, "Blech Thursday"? It was a phrase coined in the early/mid 90s that came to symbolize the end of the biotech era as it was once known. And David Blech's name is synonymous with that end.
David Blech was an upstart and ambitious venture capitalist who sprung essentially from nowhere (he was a songwriter and 'entrepreneur') in the late 80s with $10,000 in his pocket and big dreams. He started multiple companies in the biotech industry and a few years later was worth over the hundred million dollar mark. (Bristol Meyers bought one of his companies, Genetech Systems, for $294 million only later to do their own DD, find out its true value was practically zilch, and sell it away for a paltry $20 million -- "taking a $274 million dollar bath") http://www.findarticles.com/p/articles/mi_m1316/is_n8_v21/ai_7939775
Long story short, (you can do the DD yourself with the links i've provided and with everything else that's out there), but upon the collapse of the biotech boom, Blech was eventually filed suit against by numerous private and public companies, individuals, class-action suits and, of course, the SEC. Longer story shorter: he plead guilty to a mass of charges brought against him and/or plead out and eventually turned 'informant' on those he'd conspired with in exchange for leniency by the Feds.
So, how XKEM found the ever-generous Marjorie Chassman to loan them all this money (millions upon millions) over so many years while the company showed nothing but debt has but one best guess: through David Blech. How'd that come to be you may ask? Simple... Chassman and Blech are married.
As the Seattle Times reported: at the onset of his downfall, when Blech's first wife discovered he was forging her signature for false purposes, she divorced him immediately. His second wife, Marjorie Chassman, was reported to be "a graphic designer and aspiring actress" who was supporting him at the time of his demise. http://seattletimes.nwsource.com/uninformed_consent/financier/story1.html
So, again, it begs the question: How would his second wife, Marjorie Chassman (a graphic designer and aspiring actress) have the know-how and savvy to get involved in the vast and complicated world of loaning indebted companies millions and trading in public securities to great personal gain (of which thus far i have found 3: NVLT.OB, CEPO.OB and SCLL.OB). Answer: Through her husband and "partner-in-speculatively-questionable-activity", David Blech.
And, guilty as charged, David Blech is (squirm) involved in XKEM and may very well be the leader of this big parade.
Direct Link between XKEM and BLECH: http://www.littleindia.com/archive/dec96/survive.htm Excerpt: "On Nov 19 (1996-ish), Xechem announced that a group controlled by David Blech, a well-known but controversial investor in the biotechnology industry, will invest $5.5 million in the company over the next nine months. As a result of the deal, Blech and his associates will replace Pandey as Xechem's controlling shareholders, with a stake of more than 70 percent. Pandey, however, will remain the CEO as well as the second-largest shareholder. He is delighted at the deal because the capital infusion will allow Xechem to develop products that he believes could become big winners in the future. "With Blech's investment and expertise, our future is very bright," he says. "In the next three to five years, we could have sales of $30 million to $50 million.""
Those sales predictions came in 1996 for the future of 1997. Well, we all know that didn't happen as the loans continue today and XKEM continues to show massive losses.
Note XKEM / Chassman / Blech link: While many on the boards are speaking zealously how the debt owed by XKEM will not have to be paid until 2008, please note the paragraph below from this link: http://biz.yahoo.com/e/050623/xkem.ob8-k.html Excerpt: "For the period from November 11, 2003 through June 30, 2004, Marjorie Chassman, the spouse of David Blech ("Chassman") advanced $2,800,000 of convertible debt to Xechem, which debt accrued approximately $320,884 in interest (as of June 20, 2005) and is due and payable December 31, 2006, subject to the required sale of Xechem's holdings of CepTor Stock." (the CepTor deal is an entirely other issue) Blech's shady past: http://www.bearstearnsfraudinfocenter.com/information.php Excerpt: "The case was a $77 million class action lawsuit filed against Bear Stearns on behalf of investors who claimed they had lost their money due to the fraudulent actions of David Blech, a Bear Stearns client. The judge stated that a summary judgment could not be made because there were not enough facts available to determine if Bear Stearns was guilty or not. Bear Stearns said that it had no knowledge of Blech’s stock manipulating (he pled guilty to charges of fraud in 1999). The investors who lost their money to Blech want to convince the jury otherwise."
Link demonstrating Chassman/Blech relationship: http://freeadvice.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?S essionID=qYy_S2bI2EM... Excerpt: "In January 2005, we entered into an agreement with David Blech (the husband of Margie Chassman), which provided that he or his designees would lend us $500,000 (inclusive of $100,000 previously advanced to us in December 2004 by Ms. Chassman) for operating capital pending our debt restructuring and completion of our private placements of units, and up to an additional $500,000 on the same terms if the private placement was delayed.... The two loans, both of which were made by Ms. Chassman, totaled $500,000 and bore interest at 6% per annum.... According to the agreement, we also issued the following individuals the following number of shares of our common stock:
Investor
Number of Shares of Common stock Margie Chassman
2,475,000
Wood River Trust
3,850,000
Esther Blech
1,225,000
Milton Chassman
1,225,000
Aaron Eiger
1,225,000
Mark Germain
500,000
Wood River Trust is a trust formed for the benefit of Evan Blech, the son of Ms. Chassman and Mr. Blech. The trustees of the trust are Harvey Kesner and Michael C. Doyle (no relation to our director, Michael J. Doyle). Esther Blech is the mother-in-law of Ms. Chassman. Milton Chassman is the brother of Ms. Chassman. These investors have agreed not to publicly sell their shares of common stock until November 2006 and if they sell their shares in a private transaction, the buyer must also agree not to sell their shares publicly until November 2006."
(The whole family's in on that one!)
Other companies who are involved with Chassman and Blech also have troubling outlooks: --In mid-August of 2005 NVLT.OB (another Chassman/Blech involved company) was at $4.47 a share. Today, it's worth .95c. --In mid-February of 2005 CEPO.OB (another Chassman/Blech involved company) was at $6.75 a share. Today, it's worth .24c.
How did Blech do it? http://www.sec.gov/news/digest/02-07.txt Excerpt: "From approximately June through September 1994, David Blech, the chief executive officer of D. Blech & Co., orchestrated a massive manipulative scheme designed to increase or stabilize the prices of a number of the biotechnology securities for which D. Blech & Co. was a market maker. As part of this scheme, David Blech routinely sold biotechnology stocks from D. Blech & Co.'s inventory accounts to brokerage accounts that Blech controlled that were in the names of other individuals and entities. These controlled accounts then sold the biotechnology stocks back to the brokerage firm or to other accounts controlled by David Blech. These trades created the appearance of active trading in the biotechnology stocks. Additionally, through this trading, Blech was able to reduce D. Blech & Co.'s inventory position in the biotechnology stocks, yet still artificially withhold from the market the supply of the biotechnology stocks."
So, with XKEM, how many shares of this roughly 1.3 billion O/S count do we all REALLY own? Long. For Real. No Flipping? Your guess is as good as mine.
REPORT OF INDEPENDENT ACCOUNTANTS To the Audit Committee of Xechem International, Inc. We have audited the accompanying consolidated balance sheet of Xechem International, Inc. and Subsidiaries (a Development Stage Company) as of December 31, 2002 and the related consolidated statements of operations, stockholders' equity and cash flows for the period ended December 31, 2002. The consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the consolidated financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall consolidated financial statements presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of Xechem International, Inc. and Subsidiaries (a Development Stage Company) as of December 31, 2002 and the consolidated results of their operations and their consolidated cash flows for the period ended December 31, 2002 in conformity with accounting principles generally accepted in the United States of America. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has incurred substantial losses and negative cash flows since inception through the period ended December 31, 2002, had a working capital deficiency, and have realized minimal revenues to date. The Company's historical losses and illiquid financial position raise substantial doubt about the Company's ability to continue as a going concern. WISS & COMPANY, LLP ?Livingston, New Jersey ?March 6, 2003
While that audit is a few years old, it essentially predicted XKEM's true future and present condition at this time. Leaving nothing said of the begging questions of XKEM, Margie Chassman and David Blech's relationship and Blech's shady past, there's definitely more to this story than I've uncovered and certainly much more that will never be told.
So why go through all the trouble and take such HUGE risks on an indebted company with a very questionable future? There's millions of reasons (literally). One speculative scenario: Get in at the beginning and loan a company money that you know can't pay you back (resulting in consistently debt-ridden quarterly public financial statements) in exchange for huge amounts of shares (often times valued at far lower than the current PPS) and SHORT, SHORT, SHORT, in which case after the inevitable reverse splits come (3000:1 in XKEM's case in May of '03) and an ever-increasing float bears down on shareholders, those who have put themselves in a short position stand to make nearly incalculable gains. Bear this in mind: XKEM's initial IPO was $5 a share and it went as high as $13. It's now doing everything it can to stay above .03.
Other companies who are currently involved with Chassman and Blech also have troubled outlooks: --In mid-August of 2005 NVLT.OB (another Chassman/Blech involved company) was at $4.47 a share. Today, it's worth .98c. --In mid-February of 2005 CEPO.OB (another Chassman/Blech involved company) was at $6.75 a share. Today, it's worth .20c.
I'm not here to bash, and I'm certainly not telling you to buy or sell. Simply stated, as we all look forward to the apparent 'emminent' day when Nigerian approval becomes transparent, this is the information I have discovered while checking into whether or not XKEM would be worth a "true investment" on my behalf, and not just a daily 'flip' for a quick few hundred bucks.
This stock will come and go, just like the rest of them. And no doubt, Nigerian approval could do vast wonders for the immediate PPS (ie. CRDM and others), but stocks such as XKEM though must always remain a reminder that: "If it's too good to be true, then it probably is." GLTA,
This post is strictly 'in my opinion' and is interpretation only of the details listed in links provided above (among others), historical data, research and my own overall DD. Do not trade based on my opinions. DO YOUR OWN DD!
-------------------- Insanity: doing the same thing over and over again and expecting different results
--------------------------------------------------------------------------------
Posted by amswap on :
* "did they have a launch with the Pres. of Nigeria?"
* "are they beginning production of a drug called NICOSAN in Nigeria?"
* ""is there really a potential billion dollar market for this medication?"
Your three points are only a small part of the total sum, but important nonetheless. There is an article out about the President being at the launch and what he said there. It is in a link somewhere in these 12 pages. The presidents launch was considered the start of production and there should be news to follow if there is any truth to it. This is too big an event to ignore that there has been no mainstream media coverage. Depending on how long the people have to keep taking the pills and how many come to a dose, etc. The given number is $20. If that is for a month supply and they have to take it from here on out, then each person could be worth $240 per year. Multiply that by the number of cases (or how ever you choose to figure) and it could easily be in the billions in just a few years. All this is great food for thought, but we don't have any idea if any of this is true. Until the main stream media picks it up, I will be suspect that anything is true. Without the company comeing out and detailing exactly what they are doing and all the figures to go along with it, this stock will be on a steady downtrend.
Posted by Peaser on :
It was re-posted a few pages ago Eggy.
Posted by E440 on :
I see no mention of "XKEM" seems there have been several of these "articles" but nothing mentioning XKEM...
Posted by E440 on :
quote:* "did they have a launch with the Pres. of Nigeria?"
See news article above.
quote:* "are they beginning production of a drug called NICOSAN in Nigeria?"
At this point, we don't know.
quote: * ""is there really a potential billion dollar market for this medication?"
Easily. This is not a cure, it is a safer treatment that is supposed to prevent the sickling of the cells. It will require continuing dosages, read, repeat business.
Nigeria is not the only place who has Sickle Cell sufferers. It is a global disease.
Posted by E440 on :
quote:Originally posted by 10:
quote:Originally posted by E440: News story confirming launch:
I see no mention of "XKEM" seems there have been several of these "articles" but nothing mentioning XKEM...
Who makes Nicosan?
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
Posted by 10 on :
quote:Originally posted by Egg Inspector: I 'm sorry I am so Bloody far behind!
I'm trying. Mr. Mom this weekend
Dude...Mom's can do it...not an excuse...LOL
Posted by 10 on :
Agreed E440..."we" as stock holders believe that it is XKEM...however...isn't the point of a news article to get the news out about our company? Isn't that what the search is for?
Posted by money 76 on :
here is the link . xkem is doin stuff in nigeria confirmed.
4 Million Nigerians Suffer From Sickle Cell Desease Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
Posted by Peaser on :
quote:Originally posted by E440:
quote:Originally posted by 10:
quote:Originally posted by E440: News story confirming launch:
I see no mention of "XKEM" seems there have been several of these "articles" but nothing mentioning XKEM...
Who makes Nicosan?
Xechem makes it. The are based in the Sheda Science and Technology Complex.
Posted by E440 on :
quote:Originally posted by 10: Agreed E440..."we" as stock holders believe that it is XKEM...however...isn't the point of a news article to get the news out about our company? Isn't that what the search is for?
Sure 10!
It would have been nice to say the release of Nicsan manufactured exclusively by XKEM Pharmaceuticals .......
Posted by 10 on :
Peaser I think that he was meaning it as a little sarcastic...but my point was..that the article didn't mention "XKEM"...Isn't that the news that we are looking for? Do you think that more of this type of article is going to do something to the PPS? I don't see this as getting the name out for XKEM...but it may be a start...
Posted by money 76 on :
tomm might be a big news for xkem exclusively .
atleast we now know this is not a scam
Posted by E440 on :
quote:Originally posted by 10: Peaser I think that he was meaning it as a little sarcastic...but my point was..that the article didn't mention "XKEM"...Isn't that the news that we are looking for? Do you think that more of this type of article is going to do something to the PPS? I don't see this as getting the name out for XKEM...but it may be a start...
No, I didn't mean it as sarcastic. It was a question that we all should know the answer to. I was certain that 10 knew.
I do agree that it would be nice to have the company and the product in the same article!
PS 10, your previous name 10 of 13, any reference to 7 of 9? Just curious.
Posted by Peaser on :
LOL, I doubt that it matters about them mentioning XKEM as Xechem is mentioned by the FDA already, so we already know that Xechem has the rights to Niprisan/Hemoxin/Nicosan.
The main concern I believe is that folks are wondering if these newspaper links are legit.
The best way to find that out would be to contact that sites administrator, by way of contact info on that page to verify a legit contact phone number, etc.
Posted by money 76 on :
i posted this message yesterday about confirmed news of the launch
how can u doubt saturday tribune .its on the paper.
Posted by Peaser on :
I do not doubt it myself. Others may though.
It's all hearsay anyways unless you call for yourself to verify. Unless everyone actually makes contact with these papers, then they'll either believe the hearsay, or just do neither and bash/pump without facts.
Posted by Egg Inspector on :
quote:Originally posted by E440: News story confirming launch:
News Agriculture Arts and Review Banking and Finance Business and Economy Education Energy, Oil and Gas Entertainment Letters Religion Science and Technology Tourism
Columnists/Contributors Dora Dearest - By Nosa Osaigbovo
Governance on the run? - By Dupe Ajayi-Gbadebo
Buhari, Decree 4 and 2007- By Debo Abdullahi
Where the King seats - By Smith Bam
4 Million Nigerians Suffer From Sickle Cell Desease Foluso Akinwumi, Abuja - 08.07.2006
A total of 4 million people suffer from sickle cell disease in Nigeria as total number of sufferers worldwide stands at 10 million.
The disclosure was made Thursday by the Minister of Science and Technology, Prof. Turner Isoun at the commissioning of the Gamma Irradiation Facility and Launching of NICOSAN an anti-sickling drug, at the Sheda Science and Technology Complex, Abuja.
The commissioning and launching was done by President Olusegun Obasanjo. Both the minister and the president hailed the production of the drug in Nigeria as it marked a watershed in modern medicine as there was safe medicine for the treatment or management of sickle cell disease across the globe before NICOSAN was produced in Nigeria.
President Olusegun Obasanjo in his address at the occasion expressed his delight that solution to sickle cell disease was found in Nigeria after years of research into the problem by the western world without any tangible success.
The only drug approved by the Food and Drug Administration in the United States (US-FDA) for the treatment of sickle cell disease is Hydroxyurea, which is very expensive and toxic and patients treated with it exhibit severe side effects.
Persons afflicted with sickle cell disease suffer crisis which can result in damage to the kidneys, lung, bones, eyes and the central nervous system.
[B]even if this is old to some, it is the first time I have read it on the 'web'
Posted by amswap on :
I don't thik it is as much the links we are suggesting may not be legit as the stories themselves. With something as big as this, it should be in some mainstream paper by now. Nothing in any of the Sunday papers that I could find. As much space as they have to fill, you would think this story would be there somewhere.
Posted by 10 on :
E440...LOL...no nothing to do with 7of9...
Posted by dollar13 on :
i guess that is a good news, right onnnn.
Posted by E440 on :
quote:Originally posted by amswap: I don't thik it is as much the links we are suggesting may not be legit as the stories themselves. With something as big as this, it should be in some mainstream paper by now. Nothing in any of the Sunday papers that I could find. As much space as they have to fill, you would think this story would be there somewhere.
I have looked at some of the Monday papers and nothing there as well.
The reason for that may be that Aids/HIV is killing everyone in sight over there.
Posted by amswap on :
So 10 million afflicted. If 25% get on the drug "herb", or whatever you choose to call it and they are on it for one year and the monthly dosage is $20 each, you would have $600,000,000 of revenue. In less than 2 years you would have that billion $ revenue. Not to mention all the people who would be getting the disease from all those carriers.
Posted by amswap on :
Makes their $71 million debt look like chump change!
Posted by E440 on :
quote:Originally posted by amswap: Makes their $71 million debt look like chump change!
I don't think 71M and debt in the same sentence would be considered chump change! Posted by amswap on :
It is compared to 600 million used as a very conservative figure and the fact that most of their debt isn't payable until May 2008.
Posted by 10 on :
quote:Originally posted by amswap: So 10 million afflicted. If 25% get on the drug "herb", or whatever you choose to call it and they are on it for one year and the monthly dosage is $20 each, you would have $600,000,000 of revenue. In less than 2 years you would have that billion $ revenue. Not to mention all the people who would be getting the disease from all those carriers.
I think they said 1000 born a year in Nigeria alone..
Posted by E440 on :
quote:Originally posted by amswap: It is compared to 600 million used as a very conservative figure and the fact that most of their debt isn't payable until May 2008.
As long as you get the 600M. Counting chickens when the eggs haven't be laid yet, isn't a very good practice! Posted by Peaser on :
So then, the possibilty of profitability by 2008 may be doable it sounds if production can meet the demand.
The main issue that I have noticed when some folks have tried to figure out the possible pps of the stock in a few years after meeting the demand, is that they have failed to figure in the production, shipping, and facility costs.
Posted by E440 on :
quote:Originally posted by Peaser: So then, the possibility of profitability by 2008 may be doable it sounds if production can meet the demand.
If the drug is distributed worldwide, I don't see why not.
Aren't some of those loans converted in to stock at a set price? I can't remember as it was in the old thread.
Posted by amswap on :
Just playing a guessing game. If we didn't count chickens before they hatched, why would we try to buy low and sell high? Why would you even try to play the pennies if you stuck to only realistic allready proven facts. Nearly everything we relate to and buy our stock from is on teh anticipation of something happening. Please correct me if I'm wrong. I'm not saying any of the numbers I put out there are going to take place. IF. That is the key word. If all of this is what many of us think it is, then I believe it is highly possible to reach that target. I think it is very doable if this is not a total scam.
Posted by Dustoff on :
Mark 1: 500 posts.....
Posted by Peaser on :
??, In this thread allready?
Tell that server, it better look out. lol
Posted by Egg Inspector on :
quote:Originally posted by E440:
quote:* "did they have a launch with the Pres. of Nigeria?"
See news article above.
quote:* "are they beginning production of a drug called NICOSAN in Nigeria?"
At this point, we don't know.
quote: * ""is there really a potential billion dollar market for this medication?"
Easily. This is not a cure, it is a safer treatment that is supposed to prevent the sickling of the cells. It will require continuing dosages, read, repeat business.
Nigeria is not the only place who has Sickle Cell sufferers. It is a global disease.
you know folks, 10, Ams, E4, Peaser, Money, and any other I missed. Thank you for all the response to the above questions... But. I wasn't really asking them, in the sense that I was 'looking' for answers, I was asking them in general for the group saying: Comments like "we'll be at .20 EOW" and "this should be a X dollar PPS stock" are not worth discussing. I am saying that the only questions we should concern ourselves with possibly being trash are; *Launch? *Presdient of Nig. involvement? *Market? *dilution? and so on... I hope you all don't think I am still so new that I'd be asking those for answers here....LOL
but the response was overwhelming, and endearing, I must say.. like I am everyones little brother or something.. Posted by JF Glass Works on :
"The market reflects all available information. Everything there is to know is already reflected in the markets through the price. Prices represent the sum total of all the hopes, fears and expectations of all participants. Interest rate movements, earnings expectations, revenue projections, presidential elections, product initiatives and all else are already priced into the market. The unexpected will occur, but usually this will affect the short-term trend. The primary trend will remain unaffected."
Does this hold any weight and can this help explain a little bit about the peak on July 5th?
Posted by E440 on :
Ams, I agree with you but counting chickens before they hatch is one thing, counting them before the eggs are laid (production of the drug) is another.
Posted by Peaser on :
Well, the only thing I am concerned with is dilution at this moment, along with possible price manipulation by folks with tons of cash that can afford to play around in the offshore hedges. It's all just speculation nonetheless.
Posted by bond006 on :
This has either been number 1 0r 2 0n the most requested stocks on the dd machine
quote:Originally posted by Peaser: Well, the only thing I am concerned with is dilution at this moment, along with possible price manipulation by folks with tons of cash that can afford to play around in the offshore hedges. It's all just speculation nonetheless.
------------------------------------------------- peaser, where are you trying to go with this?
Posted by Purl Gurl on :
" So 10 million afflicted. If 25% get on the drug herb, or whatever you choose to call it and they are on it for one year and the monthly dosage is $20 each, you would have $600,000,000 of revenue. In less than 2 years you would have that billion $ revenue."
Revenue claimed is impossible for reasons discussed at length previously. You participants here are engaging in pump and dump activities. You are misleading naive readers. Doing so is unethical.
Dr. Kiralynne Schilitubi Professor of English
Posted by amswap on :
E, I believe I said IF it is all true. As far as we know there aren't even any chickens to lay those eggs.
Egg - Not all treat you like a little brother. You forget 10 is your emom! Posted by amswap on :
quote:Originally posted by Purl Gurl: " So 10 million afflicted. If 25% get on the drug herb, or whatever you choose to call it and they are on it for one year and the monthly dosage is $20 each, you would have $600,000,000 of revenue. In less than 2 years you would have that billion $ revenue."
Revenue claimed is impossible for reasons discussed at length previously. You participants here are engaging in pump and dump activities. You are misleading naive readers. Doing so is unethical.
Dr. Kiralynne Schilitubi Professor of English
I am no more unethical than you are intelligent. Nothing misleading about "IF" or is it your choice toi ignore the entire post and selectively cause a problem. Don't start purl. You don't want me to 'harrass' you, then ignore my posts like you ignore being a decent human being.
Posted by amswap on :
The revenues are only impossible to those who choose to come in here after a down day and do nothing but bash this stock without any credible proof.
Posted by Purl Gurl on :
Your response is classic rhetoric of those who engage in pump and dump activities.
Dr. Kiralynne Schilitubi Professor of English
Posted by bond006 on :
Peaser this is just my opinon at this time and I don"t think we have to worry about dilution I have not done all my work though but a big part of that work is a talk with Steve.
You have to remember a large part of the investors like me were in this at a little over .01 they took some great profits and flipped aafter huge volume our base has went from .02 and .03 to .06. I am not hopping for a pr my self until wednday or thursday I want to by more this is just getting known now this stock and soon we will be chasing.
Now I really think some thing is in the works because I have heard that the management will be in meeting most of next week. So I think the real fun will begin soon and all us longs will really be rewarded. glta long and strong
Posted by Purl Gurl on :
Your response is classic rhetoric of those who engage in pump and dump activities.
Dr. Kiralynne Schilitubi Professor of English
Posted by amswap on :
quote:Originally posted by Purl Gurl: Your response is classic rhetoric of those who engage in pump and dump activities.
Dr. Kiralynne Schilitubi Professor of English
If you are purpetrating yourself to be a professor of english, perhaps you should learn to read. Give me one remark that I used that shows me pumping? I am so sick of stupid people.
Posted by Purl Gurl on :
Your credibility rating has been appropriately adjusted by readers.
Dr. Kiralynne Schilitubi Professor of English
Posted by JF Glass Works on :
Posted by Thrashpie on HSM.
quote:Very Interesting Philly Children's Hospital Study results on Nicosan....
quote:Originally posted by Purl Gurl: Your credibility rating has been appropriately adjusted by readers.
Dr. Kiralynne Schilitubi Professor of English
Only by you doctor of BS. If you were an english teacher, your letters would not be so full of misused words and punctuation. You know, the letters you sent to the SEC? English my eye. You're the doctor of bashing and that is all.
Posted by Peaser on :
quote:Originally posted by Dustoff:
quote:Originally posted by Peaser: Well, the only thing I am concerned with is dilution at this moment, along with possible price manipulation by folks with tons of cash that can afford to play around in the offshore hedges. It's all just speculation nonetheless.
------------------------------------------------- peaser, where are you trying to go with this?
Your response a few pages back. What is that group you mentioned? I have not heard of them?
Posted by Peaser on :
They currently don't have the production capacity to meet the demand at this point, down the road in a year, maybe they get it.
It's all speculation from an outsider's point of view at this moment.
Posted by E440 on :
quote:Originally posted by JF Glass Works: Posted by Thrashpie on HSM.
quote:Very Interesting Philly Children's Hospital Study results on Nicosan....
Importance of Quality Control In the Development of Herbal Medicines as Drugs: The Antisickling Phytopharmaceutical Niprisan/NICOSANTM/HEMOXINTM
1Peter N. Gillette, MD, 2Renuka Misra, PhD, 2Prema Tripathi, BHMS,
3Toshio Asakura, MD, PhD, 2Ramesh C. Pandey, PhD
1State University of New York at Brooklyn; 2Xechem Research Laboratory, New Brunswick, N.J.;
3Children's Hospital of Philadelphia
The new antisickling drug Niprisan (Nix-0699, NICOSANTM, HEMOXINTM) is a modern preparation based on a traditional phytopharmaceutical from Nigeria. It is an extract of a mixture of four plants administered by healers to reduce pains of Sickle Cell Disease especially in children and adolescents. In laboratory studies it strongly inhibits sickling of red blood cells, and it benefits patients in Nigerian clinical trials. US trials await final standardization of the product.
Niprisan development has revealed three links with medications used by India's traditional healers in the 5000 year old Vedic Herbal System “Ayurveda”: administration by healers, herbal source, and decoction of multiple plants. This paper will describe laboratory and clinical studies of Niprisan and discuss methods to overcome the difficulties in preparation and standardization of phytopharmaceuticals.
Interestingly, initial standardization of Niprisan showed that all four botanicals contribute to efficacy. By several different approaches including high performance liquid chromatography (HPLC), fractionation and subsequent recombination of various fractions reduces potency (Asakura; Pandey; unpublished data) as is true for many botanicals.
There is a striking analogy between the lessons being learned from working with a traditional medicine and challenges for the future of herbal medicines such as those used in Ayurvedic phytomedicine.
"The market reflects all available information. Everything there is to know is already reflected in the markets through the price. Prices represent the sum total of all the hopes, fears and expectations of all participants. Interest rate movements, earnings expectations, revenue projections, presidential elections, product initiatives and all else are already priced into the market. The unexpected will occur, but usually this will affect the short-term trend. The primary trend will remain unaffected."
Does this hold any weight and can this help explain a little bit about the peak on July 5th?
excellent question....
the market is always correct...
unless it's wrong: then? you can make some money
Posted by amswap on :
I was going to say something similar, but I thought they'd had enough of my smart mouth for a day. I'm saving it for purl's bs bashing posts.
Posted by JF Glass Works on :
SORRY!!!! Here is the text from the abstract posted over on HSM.
doi: 10.1290/1543-706X(2005)41[24-Ad:W]2.0.CO;2 In Vitro Cellular & Developmental Biology - Animal: Vol. 41, No. ABSTRACT, pp. 24-A–24-A.
W-20
Abstract—Status of NICOSAN™/HEMOXIN™, an Extract of a Mixture of Plants, for the Treatment of Sickle Cell Disease (SCD). R. C. PANDEY1, P. Tripathi1, R. Misra1, P. N. Gillette2, and T. Asakura3. 1Xechem, Inc., New Brunswick, NJ 08901; 2State University of NY, Brooklyn, NY 11203; and 3Children's Hospital of Philadelphia, Philadelphia, PA 19104. E-mail: Ramesh*Xechem.com
NICOSAN™/HEMOXIN™ (formerly NIPRISAN) is an extract of a botanical herbal mixture for treatment of sickle cell disease (SCD). Traditional health practices flourish in Africa, India (Ayurveda/Siddha) and China. Rev. P. O. Ogunyale in Nigeria had developed a herbal recipe of four herbs that appeared to benefit his patients who suffered from SCD. Studies have been done since 1998 at NIPRD, Abuja, Nigeria and the NIH Hemoglobin Reference Laboratory in Philadelphia, PA. Preclinical animal studies demonstrated no short term toxicity on gross behavior, response to pain, inflammation, liver, kidney, isolated rat atrium, frog rectus abdominis, guinea pig ileum and rabbit jejunum. Profound anti-sickling activity was identified which reduced the polymerization of de-oxy-hemoglobin S in vitro, showed potent antisickling effects on sickle erythrocytes obtained from patients with SCD, and prolonged survival of transgenic sickle cell mice under hypoxic conditions under which all untreated mice died. A small, double-blind, placebo-controlled, randomized, crossover clinical trial of NIPRISAN in patients with SCD in Nigeria showed decreased frequency of painful crises. Serious toxicity was not found although rash, gastroesophageal reflux and diarrhea were described, and one patient had possible hemolysis. Standardization is in progress. Xechem has planned a full-scale validation and reliability program for both preclinical and clinical studies.
Posted by Purl Gurl on :
I would provide photographs of my instructing a post-graduate class out of my university, photographs many have seen. However, I am no longer allowed to post pictures of other people.
Dr. Kiralynne Schilitubi Professor of English
* Interesting, those photographs of my teaching a post-graduate field geology course with one of my fellow professors, as I type, an earthquake just rumbled through. Coyote speaks to me.
Posted by glassman on :
quote:Originally posted by amswap: Any thoughts on this thing glass?
you already asked me that once Amswap...
i read some of the posts and decided you weren't ready for the answer....
ask me again when the price is a penny...
Posted by amswap on :
Thanks anyway glass.
Posted by Purl Gurl on :
Your credibility rating has been adjusted again, by readers.
Dr. Kiralynne Schilitubi Professor of English
Posted by bond006 on :
quote:Originally posted by Purl Gurl: Your credibility rating has been adjusted again, by readers.
Dr. Kiralynne Schilitubi Professor of English
Please stop using a lie as a signature line. You are NO doctor. Who's deceiving people here? You think this is the only way to get people to pay attention to you? You are a joke!
Posted by Purl Gurl on :
Your response is classic rhetoric of those who engage in pump and dump activities.
Dr. Kiralynne Schilitubi Professor of English
Posted by E440 on :
Ams and others, We have had 13 pages of reconstructed and new information regarding this stock We have had civil conversations, until now.
I would suggest that anyone who feels that a post is not proper, review the Terms of Service and then click on the report post button.
Let the administrators of this site decide what is appropriate.
Do not engage anyone personally.
Posted by glassman on :
anybody got a PATENT?
i like patents....
they are real....
i love ethnobotanics...
i think there's a lot of room in the world for companies that are trying to do this kind of work...
but? i don't see 100 million dollars in value here for along time yet....
more damage can be done over pumpng the price here if they really do have something...
i played GERN from 25$ down to 2$ and back up to 20$ i know a little bit about making scifi into reality and i don't see all the pieces here yet...
i also see a lot of people getting very upset cuz they've had a big run... perspective has been lost....
Posted by bond006 on :
Looks like xechemnigeria website has ADDED a Mailorder form to their website now!!!! Check it out!! Can't order yet but the page is now there!!!! So far Nicosan only allowed unrestricted sales in Nigeria but guess they have the Internet Mailorder page READY for the future.
quote:Originally posted by Purl Gurl: Your response is classic rhetoric of those who engage in pump and dump activities.
Dr. Kiralynne Schilitubi Professor of English
Why can't you be a little more original in describing what it is I am pumping? You were original enough to come up with a lie about who you are? Rather than regurgitate the same tiresome crap, how about one thing I said that was pumping? Oh wait, it isn't possible because there haven't been any. Go play your game like you play doctor.
People, pleae note that this person is not a doctor, so don't let her bashing be made any more credible with that lie of who she thinks she is.
Posted by bond006 on :
Of cousre glassman they have a patent if anybody could make it why would banks loan them money and the Nigerian Gov. Be so pleasnt to them
Posted by JF Glass Works on :
quote:Originally posted by glassman: anybody got a PATENT?
i like patents....
they are real....
i love ethnobotanics...
i think there's a lot of room in the world for companies that are rying to this kind of work...
but? i don't see 100 million dollars in value here for along time yet....
I agree with you. There is more than enough room for ethnobotanicals to be furthered in our consciousness as a society. To many people put all of their medical "HEALING" in the hands of purely synthesised chemicals. That is why I plan to hols shares of this company for the long term. Posted by E440 on :
Deleted by E440
[ July 09, 2006, 23:26: Message edited by: E440 ]
Posted by glassman on :
quote:Originally posted by bond006: Of cousre glassman they have a patent if anybody could make it why would banks loan them money and the Nigerian Gov. Be so pleasnt to them
where is the patent?
that's one thing i want to see....
Posted by Purl Gurl on :
All of this more than adequately validates my lengthy articles on masculine thinking found elsewhere.
Dr. Kiralynne Schilitubi Professor of English
Posted by Egg Inspector on :
This is what i have so far...
doing a serch using keywords:
Bill Gates foundation +Sickle Cell Anemia+ NICOSAN
here is the 1 and only result: --------------------------------------------------- NEWS2 : Innovative Technology School Funded by the Gates Foundation Gives Top Grades to ... Potential From Sale of NICOSAN(TM), Xechem's Sickle Cell Drug! ... newsblaze.com/movers_shakers_mwir.html - 101k - Cached - Similar pages -------------------------------------------------------
this could be nothing. I saw earlier in the thread suggesting we search Gates and XKEM. anyone else come up with anything?
now I have yet to dig up the PR...give me some time.
please check the link, do your own DD
Posted by bond006 on :
Ok I will try to dig it up for you I had it once but they blew the old site out
Posted by 10 on :
glass..i remember seeing it on the other thread...but for the life of me I can not remember where... Bond...do you have it?
Posted by glassman on :
actually amswap? i just wanted to verify it for myself....
if PG tells you it's going down? she's a basher...
you posted the other day that i 'splain things politely without making you feel dumb? or something to that effect...
well? maybe it's not such a good thing for me to be nice about some of these "picks" cuz when i'm polite? people don't take heed... and i wouldn't want anybody to think i was in this "pick"
PG has my total support here....
she taught me much of what know about pennies...
Posted by Dustoff on :
edit,a studder.
Posted by Dustoff on :
Egg, as I suggested w------->ay back somewhere.. Google: Bill Gates Foundation Sickle cell anemia.
Then just search around for other info.
Posted by Relentless on :
deja vu
Posted by E440 on :
quote:Originally posted by amswap: Double post E. I appreciate your recommendation, but as long as she is here there will be something personal. She barks out some BS and never justifies it. Now she sticks a tag line trying to make it appear that she is a doctor and it justifies the head case we are dealing with and when she addresses me, you better believe I will do the same. I won't let her get away with the bashing she does without any proof, links or anything else to back it up.
Ams, You will notice that her original post which I responded to has been removed.
There is more than one way to skin a cat.....but the cat doesn't like any of them!
I will now remove my response to her accusation as well.
Posted by amswap on :
quote:Originally posted by glassman: actually amswap? i just wanted to verify it for myself....
if PG tells you it's going down? she's a basher...
you posted the other day that i 'splain things politely without making you feel dumb? or something to that effect...
well? maybe it's not such a good thing for me to be nice about some of these "picks" cuz when i'm polite? people don't take heed... and i wouldn't want anybody to think i was in this "pick"
PG has my total support here....
she taught me much of what know about pennies...
I initially supported her when she first started bashing this. She failed to provide any dd to support her claim. When asked for anything to support her claim, she simply attacked people. It's her condescending attitude and attacks that I have a problem with. I am not disagreeing we may be involved in a total scam. When she talked about dilution, she had no proof. So much of what she does is done to belittle people. I realize she does this to get attention and that she must thrive on the attention she gets since she is likely getting none anywhere else. But when she states something to be a fact and someone questions her source, she should post it like she expects everyone else to. The old thread is gone and that was where she continually demanded people back their claims, yet she refuses to do likewise. When you ask for a link, she cries that she is being harrassed. I used to have respect for her ability. She has taken upon herself to travel down this road. She bashed the hell out of this stock one day and then bragged about how much she made the next. Classic basher. Now she keeps telling me I am pumping and all I was doing was asking her where she thought I was pumping. I think it is a fair question when accused. Show us the proof that I am pumping. Now she adds what appears to be a signature line that she is a doctor. Sorry, but it is total garbage. There is nothing anywhere to suggest this is true. Asked for clarity and she continues to attack.
Posted by Purl Gurl on :
Concealing truth does not relieve you of accountability for your inappropriate actions.
You will remember. I will remember.
Others will remember.
You cannot erase memories nor truth.
Dr. Kiralynne Schilitubi Professor of English
Posted by amswap on :
quote:Originally posted by Purl Gurl: Concealing truth does not relieve you of accountability for your inappropriate actions.
You will remember. I will remember.
Others will remember.
You cannot erase memories nor truth.
Dr. Kiralynne Schilitubi Professor of English
Whatever dr trash.
Posted by 10 on :
AMMMSSWWWAPPP!!! ...let it go...!!!
Posted by Relentless on :
I remember being told that personal attacks were not tolerated here.. somehow they are if you are a bagholder.. odd Bias?
Posted by Egg Inspector on :
quote:Originally posted by Egg Inspector: This is what i have so far...
doing a serch using keywords:
Bill Gates foundation +Sickle Cell Anemia+ NICOSAN
here is the 1 and only result: --------------------------------------------------- NEWS2 : Innovative Technology School Funded by the Gates Foundation Gives Top Grades to ... Potential From Sale of NICOSAN(TM), Xechem's Sickle Cell Drug! ... newsblaze.com/movers_shakers_mwir.html - 101k - Cached - Similar pages -------------------------------------------------------
this could be nothing. I saw earlier in the thread suggesting we search Gates and XKEM. anyone else come up with anything?
now I have yet to dig up the PR...give me some time.
please check the link, do your own DD
there actually might be some truth to this one. but it is a REAL STRETCH....
to say this is somehow a Gates foundation / Xechem link would be stretching the bounds IMHO.
this is the 'innovative tech school':
the Denver School of Science and Technology (www.scienceandtech.org) DSST is an innovative, public charter high school that was established with the support of Governor Bill Owens and the Colorado Small Schools Initiative along with early funding from the Bill and Melinda Gates Foundation.
note the Bill Gates 'funded' in reality is "early funding from the Bill and Melinda Gates Foundation"
there website does not have a search block, but it is conceivable a High school student finds the Xechem story and puts it on a list...
that's it as far as I can tell...so far TBC
JO Eggs HO
Posted by Dustoff on :
Oh' just great now we have amateur Psycholigists making an analysis of posters..LOL
Seriously folks, Purl Gurl is a teacher, and in my book a good one..
Don't you all remember in 1-12 and after, some of the stand out teachers were the tuffest ones? They were the ones I learned the most from...
Don't shoot the messenger!
Posted by glassman on :
XECHEM INTERNATIONAL INC 10QSB 5/22/2006 3/31/2006 Number of shares outstanding of the issuer's common stock, as of May 5th, 2006, was 1,093,471,115 shares.
you guys might do well to actually spend some time reading PG's methods ......
Posted by 10 on :
Oh god glass...he we go...LOL
Posted by Purl Gurl on :
You can conceal truth, but you cannot hide truth.
Coyote is playing and teaching lessons.
Dr. Kiralynne Schilitubi Professor of English
Posted by glassman on :
no not here we go....
cut the personal stuff...
talk the stock....
i am not here to "bash or "pump"...
Posted by Relentless on :
Every penny stock dilutes.. to argue against this fact is evidence of either immaturity or moronity.. Possibly both.
Posted by amswap on :
Glass, the dilution was said to have been done last week during the 2 days of excessive volume. There was a lot of discussion on the old thread about it. That was just one example of many. I will stop saying anything personal from this point on. I will not stop asking for proof when she decides to bash, nor will I allow the continual insults when she attacks others for their posts when she requires them to give proof of their statement. If she is going to require validation, we should definately expect the same from her.
Posted by Dustoff on :
What we have here is failure to comunicate! LOL
Posted by Purl Gurl on :
Coyote speaks to those who do not hear but rather listen,
My opinions on this company have been more than validated, independently, by many.
You can use I-Hub tactics to remove my articles. This will not fill your empty bag.
Truth prevails, always.
Dr. Kiralynne Schilitubi Professor of English
Posted by Dustoff on :
quote:Originally posted by Dustoff: Oh' just great now we have amateur Psycholigists making an analysis of posters..LOL
Seriously folks, Purl Gurl is a teacher, and in my book a good one..
Don't you all remember in 1-12 and after, some of the stand out teachers were the tuffest ones? They were the ones I learned the most from...
Don't shoot the messenger!
bump!!
Posted by bond006 on :
Glassman I will get you the US patents there are a total of 5 of them hear is the eourpian patents and number
Xechem Awarded Additional European Patent for Anti-Cancer Drug Paclitaxel --------------------------------------------------------------------------------
19-Jul-04 / 05:40 AM Back to News Room
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--July 19, 2004--Xechem International Inc. (OTC BB: XKEM - News) Xechem International, Inc. in its continuing saga related to Paclitaxel patents, has learned that the European Patent Office has granted to Xechem European patent #0809639 for the Isolation and Purification of Paclitaxel and Cephalomannine from natural yew extracts, extending the validity of the patent to seven European Countries including Austria, Belgium, Ireland, France, Germany, Switzerland and the United Kingdom. Paclitaxel was developed by the National Cancer Institute (NCI), National Institutes of Health (NIH) and first marketed by Bristol Myers Squibb (BMS) Company under the trade name TAXOL® for the treatment of Ovarian and subsequently for Breast Cancers and AIDS related Kaposi's Sarcoma.
The US Court of Appeals in the case of Xechem vs. BMS recently reinstated Xechem's case against BMS related to marketing of Paclitaxel by Xechem at the Seventh Circuit Cook County Court, Illinois.
Dr. Ramesh C. Pandey, Chairman and CEO said, "We are extremely pleased that patent protection has been extended to seven more European Countries. This gives credibility to our technology. We have now over twenty US and International patents on Paclitaxel and its next generation analogs."
About Xechem
Xechem International, Inc., is a fully integrated biopharmaceutical company focusing on anticancer, antiviral (including AIDS), antifungal and antibacterial products from natural sources including microbial and marine organisms. Some of the key areas of Xechem are development of phytopharmaceuticals and other proprietary technologies including those used in the treatment of FDA designated orphan diseases.
This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks, uncertainties, including: (i) the ability of Xechem to successfully obtain a judgment against Bristol Myers Squibb in the referenced lawsuit and it is expected that Bristol Myers Squibb will present a vigorous defense; and (ii) the ability of Xechem to successfully launch NICOSAN(TM)/HEMOXIN(TM) or Paclitaxel. There can be no assurances that Xechem will prevail in its efforts. Other factors may cause the actual results, performance or achievements of Xechem to be materially different from any future results, performance or achievements of Xechem expressed or implied by such forward-looking statements.
-------------------------------------------------------------------------------- Contact: Wolfe Axelrod Weinberger Assoc. LLC Donald C. Weinberger Andria Arena (Media) 212-370-4500 Fax: 212-370-4505 don*wolfeaxelrod.com/andria*wolfeaxelrod.com or Xechem International, Inc. Ranjan O. Bose, 732-247-3300 Fax: 732-247-4090 rjbose*xechem.com
Posted by E440 on :
quote:Originally posted by Dustoff: What we have here is failure to comunicate! LOL
That is classic! Posted by 10 on :
quote:Originally posted by glassman: no not here we go....
cut the personal stuff...
talk the stock....
i am not here to "bash or "pump"...
this was discussed to death...and you will now get the argument that those are old dates and "they" are trying to find out if there was dilution during the PR last week...that is what the question has been...
I don't find the answers...and I am not sure that we will see the answer until XKEM puts out a PR about it..or until the next filing...at this point it is just speculation...IMO
Posted by 10 on :
LOL..I like that link Purl...and congrats on reaching your goal!!!
(sorry for the interruption...she doesn't have PM)
Carry on...
Posted by glassman on :
amswap.... the the dilution was said to have been done last week during the 2 days of excessive volume
this is where there is ABSOLUTELY, POSITIVELY no substitute for experience...
i've seen the same thing with too many co's, too many times...
put yourself in the shoes of the market makers...
think about how you would pull off these dilutions in the most cunning fashions..... then double the dirty tricks Posted by Dustoff on :
BTW, me was a high school dropout who later went to College under the GI Bill.....
Coincidentaly an English Professor in Jr. College really turned me head around, to the good. She was a Polio survivior.
Posted by amswap on :
I totally agree it is possible glass. But saying there was dilution and saying there was probably dilution are 2 different things. That's what we spent a lot of time trying to decipher and questioning. I don't think any of us are saying there wasn't any dilution, the question we had is if there was, how much was there? With only 204 or so million outstanding and the possibility of adding another 74 million or so of the authorized, it makes a big deal to the value of the stock. We only wanted to verify the rumor. That is the problem when someone claims it did indeed happen and the likelyhood that it might have happened.
Posted by Doctoall on :
quote:Originally posted by Dustoff: BTW, me was a high school dropout who later went to College under the GI Bill.....
Coincidentaly an English Professor in Jr. College really turned me head around, to the good. She was Polio survivior.
Glad to see you back old friend Posted by Purl Gurl on :
Glassman, I would show you a photograph of the skull of my medicine animal I treasure for over thirty years. One of my Choctaw elders gave this coyote skull to me during my childhood, then spent the next ten years telling me stories of coyote, in Choctaw.
However, photographs....
Dr. Kiralynne Schilitubi Professor of English
Posted by Dustoff on :
Hi Doc! good greif, Doctors, Teachers and lawyers and such!
Posted by glassman on :
PG? you must be giving Bob gray hair.....
Posted by Purl Gurl on :
That is precisely the coyote skull I have sitting on top of my monitor to serve as a reminder to honor my ancestors by being truthful, by being brave and by being kind.
Coyote is my medicine animal. You and other friends have witnessed Coyote at play, many times, for the benefit of all, especially for Dustoff during a time of need.
You do not have to be an American Indian to enjoy the blessings and the curses of my medicine animal, Coyote.
He is God's pet.
Dr. Kiralynne Schilitubi Professor of English
Posted by bond006 on :
We all know that there has been dilution and we have read the form 10 our concern was the last 3 big volume days and it looks like dilution may be the case I am not 100% convinced yet and I won't be until thurs of next week if things get bad you can always sell and look at things for awhile I am not goig to jump at a moments notice until I know the whole picture.
Posted by Dustoff on :
What an Allstar Allstocks! Folks we got ourselves a board!
Posted by bond006 on :
Glassman according to Steve the company had admitted to dilution said the needed to. Had to survive now they where getting loans instead of diluting there stock.. Hence the 8.2 million pending. Now my concern based on the actions of last week did they lie and thats what I have to see for myself once I find out I will post my findings and I will have made a decision wether to stay in or not. So as far as diluting goes yes they have done it and have said so in the past through there IR who you can call if you like
Posted by bond006 on :
Nigeria's Foreign Economic Partnerships Fruitful– Obasanjo From Onyebuchi Ezigbo in Abuja, 07.10.2006
Add To Favorites Print This Article Post Comment President Olusegun Obasanjo has given positive appraisal of the country's economic and business partnership engagements with other world economies, saying the nation has recorded immense successes from such foreign deals in the area of sustainable development projects. Speaking during the launching of a multi-purpose high-tech Gamma Irradiation facility and Nicosan drug for sickle cell patients in Abuja, the President said, "it is important to acknowledge that our administration's policy to partner with worthy foreign industrialists for sustainable development of our country is recording successes". Against the background of several in-roads recorded by the country such as the one with launching of the first-ever curative drug for treatment of sickle cell developed through synergy with United States-based company, Xechem Pharmaceuticals, Obasanjo affirmed that international public private partnership (IPPP) is a sign-post for "positive global economic interactions". The President said one of the administration's economic policy strategy has been to also tap from the expertise and technological prowess of Nigerian professionals in the Diaspora. "Our goal has always been to ensure that we keep in touch with them to ensure that they are sensitized to be patriotically and positively disposed towards availing us their varied expertise when called upon to do so. It is my understanding that the process leading to the production of the drug 'NICOSAN' which is an efficacious phytomedicine for the management of sickle cell disease has benefited from this engagement", he said.
He acknowledged the critical roles of Nigerian scientists from the National Institute for Pharmaceutical Research and Development (NIPRD), Nigerians in Diaspora, especially Prof. Soji Adelaja, former Executive Dean at Rutgers University, Dr. Ramesh Pandey, chairman and Chief Executive of Xechem International and Minister of Science and Technology, Prof. Turner Isoun whom he said had worked against all odds to build the linkages and networks that made the discovery and development of the sickle cell drug possible. Through similar partnership with a Chinese firm, Nigeria was able to lunch her first-ever Earth-Observation -Satellite (NigeriaSat-1) and most of the critical infrastructural developments taking place the country's power, transport and petroleum sectors are also being driven under such bilateral economic partnership agreements. Commenting on the efforts at transforming the country technologically, the President described the steps being taken to restructure the country's science, technology and innovation system with assistance of UNESCO as part of the reform strides of the administration aimed at making the sector more proactive to national needs and to enhance efficiency in service delivery. He said the "re-engineering of the science and technology sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve a national economy that is technology-driven, private sector-led and knowledge-based".
Post Comment All comments
Posted by trade04 on :
quote:Originally posted by bond006: Glassman according to Steve the company had admitted to dilution said the needed to. Had to survive now they where getting loans instead of diluting there stock.. Hence the 8.2 million pending. Now my concern based on the actions of last week did they lie and thats what I have to see for myself once I find out I will post my findings and I will have made a decision wether to stay in or not. So as far as diluting goes yes they have done it and have said so in the past through there IR who you can call if you like
yea there was a lot of talk about some 8.2 mill loan for the last month or so, and nothing yet. some believe chassman is converting as well
Posted by Peaser on :
"...according to Steve the company had admitted to dilution...."
Precisely as I stated. For this statement I am subjected to ongoing insults, some of them exceptionally vile but carefully concealed through deletion of articles.
Yes, I am a paid basher as are all who dare to tell the truth, in the presence of bag holders and pump & dump scamsters.
Imagine that, a university professor multimillionaire working for minimum wages as a paid basher.
Your credibility rating continues to be adjusted.
Dr. Kiralynne Schilitubi Professor of English
Posted by JF Glass Works on :
how reputable is THIS DAY African Views On Global News? Is that article authored by a known journalist? Could this actually be a tiny bit of proof to support so many claims??????
Posted by repsag on :
Purl Gurl, you're a multimillionaire?
Posted by Purl Gurl on :
"Xechem Awarded Additional European Patent...."
Patents are worthless. Why is this so?
Dr. Kiralynne Schilitubi Professor of English
Posted by repsag on :
Purl Gurl, could you provide some details on why patents are worthless?
Posted by repsag on :
Purl Gurl, is it your opinion that patents worthless across the board, or is the intention of that statement meant for drug patents?
Posted by Purl Gurl on :
I will remind you of my discussion of dilution.
XKEM is dangerously low on authorized shares. Over ninety percent of authorized shares are gone.
XKEM cannot secure lending through typical common share collateral; not enough shares.
What _will_ happen is one of two events.
More shares will be printed, probably another one-billion shares.
A reverse split will be effected to knock out share holders' percentage interest, then another one-billion shares will be printed.
On lending, XKEM is not up their necks in loans. XKEM is drowning in loans. Terms of the loans are very unfavorable.
Any new loans will be at maximum unfavorable terms and will require a cash influx into the lender as collateral. This will be effected through toxic dilutive lending. The lender will be issued millions of shares (not available now) which will be dumped on the market. The lender will skim five percent to ten percent off the top of shares sold to bank cash for lending to the XKEM company.
XKEM credit rating could not be lower. There is not a chance of any loans with favorable terms.
XKEM _must_ secure lending before moving ahead.
Some mistakes are made by participants. A claim is made XKEM is building a factory in Nigeria. This is untrue. An existing building is leased and equipment being moved in or said to be.
A claim is made Nigerians will be hired. This is untrue for professional staff. XKEM is importing their own staff.
On revenues, claims about revenue are untrue.
Participants here are making claims based on the maximum number of unfortunate Sickle Cell suffers paying $20 per "bottle" or whatever.
I estimate half of those victims are children. XKEM _cannot_ extract revenue from children.
All Sickle Cell victims, sadly, die young. The average life span of a healthy Nigerian is only fifty-six years of age. This places Sickle Cell victims with a viable employment time of perhaps twenty years, at best.
No participants have mentioned (other than me) many, perhaps most Sickle Cell victims are unable to work or not work full time.
Average income in Nigeria is two dollars a day.
These claims of a half a billion, a billion dollars in revenue are absolutely false and a tactic employed by pump & dump scamsters.
Add to all of this, the Nigerian government is skimming money off the top of all revenues, an unknown amount of money. This must be deducted from revenue estimates.
You participants sorely need to perform better research and certainly perform better thinking.
Play it straight with readers or do not play.
Dr. Kiralynne Schilitubi Professor of English
Posted by HorseRider on :
Just curious,
Dr. Kiralynne Schilitubi Professor of English
* Interesting, those photographs of my teaching a post-graduate field geology course with one of my fellow professors, as I type, an earthquake just rumbled through. Coyote speaks to me.
English Professor teaching a post graduate geology course?
> Dr. Kiralynne Schilitubi > Professor of English > University of California at Riverside
Monday June 28, 2004 01:49 PM c.l.p.m. noise [ #19551 ] I see Godzilla/Purl Gurl/Kira/Whatever is back for the summer. So much noise, so little signal. Ugh.
Seems Purl Gurl is quite amazing in all her talents and has been doing them a long time.
lol just amusing myself
Posted by Batman on :
quote:Originally posted by Purl Gurl: "Xechem Awarded Additional European Patent...."
Patents are worthless. Why is this so?
Dr. Kiralynne Schilitubi Professor of English
I'm confused, you say "patents are worthless"
Then you ask yourself "why is this so" LoL
Posted by Purl Gurl on :
My, you have been a busy boy prying into my life.
I am sure doing so is of great value.
Have you tried a google? Lots of dirt there you can drag in to benefit all readers, who really want to know.
Lots and lots of nude photographs of me, under different names, out there on the net. Please bring them here and share.
What is my birth name?
As an authoress, what is my nom de plume?
What is my current American Indian name?
Please share. Intelligent people love to waste their time being Gossipy Old Women.
Dr. Kiralynne Schilitubi Professor of English
Posted by repsag on :
Purl Gurl, I believe my last three questions are legit enough to be answered. A response would be appretiated.
Posted by JF Glass Works on :
quote:Originally posted by Purl Gurl: Some mistakes are made by participants. A claim is made XKEM is building a factory in Nigeria. This is untrue. An existing building is leased and equipment being moved in or said to be.
So doesn't that constitute "building" a factory. One can create/build a factory without laying brick and mortar. Many companies all over the world "build" factories inside of leased buildings.
Posted by Purl Gurl on :
"Purl Gurl, could you provide some details on why patents are worthless?"
Why patents are worthless is very obvious.
You will do better to research a little bit, perform some thinking, then return here and explain to readers why patents are worthless.
Here is a hint. When do patents become valuable?
Dr. Kiralynne Schilitubi Professor of English
Posted by Purl Gurl on :
repsag, your being demanding and in a hurry is highly insulting. Work on developing some common courtesy.
Do you see "Slave Girl" tattooed upon my forehead?
Dr. Kiralynne Schilitubi Professor of English
Posted by JF Glass Works on :
Patent infringment lawsuits are not a cakewalk though. They can drag out alot of resources from a company if they violate a patent. Even if it is a conceptual idea and not an actual product.
Posted by repsag on :
I believe you opened the discussion on why patents are worthless. A simple question was given to you, a question that you appear to have the answer as per your original statement. Why answer a question with a question?
Posted by repsag on :
I have not seen your forehead. I have seen you answer quickly in the past. If I seemed demanding and in a hurry, I do apologize.
Posted by Purl Gurl on :
repsag, why do you not know enough to explain why patents are worthless?
Strikes me you are not qualified to trade stocks.
Dr. Kiralynne Schilitubi Professor of English
Posted by repsag on :
So it appears from your reply that you are not going to provide your opinion on why patents are worthless?
Posted by repsag on :
Purl Gurl, thank you for the conversation. I must leave, I hope to engage you again in the near future.
Posted by Purl Gurl on :
I write,
"The lender will skim five percent to ten percent off the top of shares sold to bank cash for lending to the XKEM company."
My wording is inadequate and confusing.
For readers who are sincerely interested in learning, an expansion.
A lender is provided a set number of shares by a company in exchange for what amounts to a line of credit, much like your credit card.
Before any credit is issued, the lender sells those shares on the open market, banks the money generated, then skims, usually, five to ten percent off the top as a "lender fee."
This money, which is banked and earning interest for the lender, is then provided to the company, with set limits, as the company asks for "credit."
The cash is there but in an account much like an escrow account. The banked money belongs to the company but is controlled by the lender to protect itself; liquidation, bankruptcy.
These types of loans are often called "toxic" because dumping of shares by the lender causes heavy dilution of share value. In some cases, this is the toxic part, share value will drop so much, prices never recover but rather keep falling, sometimes into sub-penny values. This is a "death spiral" caused by toxic lending.
I am not writing this will happen to XKEM. I am writing seasoned traders will keep close watch, daily, for any indications of this type of lending about to take place or actually in effect.
When this type of lending is noted, usually a seasoned trader will immediately dump all shares. This adds to the toxic death spiral.
Another problem comes about through Hedge Funds. This type of investment vehicle watches for disfavorable lending or toxic lending and will often begin shorting the company stock knowing the company is in a weak position.
Naked shorts are very common for these circumstances. Naked shorting can destroy a company.
XKEM is not in a position of acquiring favorable A++ type loans. Again, XKEM credit rating is the lowest possible. Maybe Nigeria will be a lender allowing better terms. Might be more private placements will be effected. There are many different methods of lending.
However, current heavy dilution indicates the company is strapped for cash. This is a red flag.
Bottom line is seasoned traders will carefully monitor for any lending then plan accordingly.
Dr. Kiralynne Schilitubi Professor of English
Posted by Egg Inspector on :
Nigeria's Foreign Economic Partnerships Fruitful– Obasanjo From Onyebuchi Ezigbo in Abuja, 07.10.2006
Add To Favorites Print This Article Post Comment President Olusegun Obasanjo has given positive appraisal of the country's economic and business partnership engagements with other world economies, saying the nation has recorded immense successes from such foreign deals in the area of sustainable development projects. Speaking during the launching of a multi-purpose high-tech Gamma Irradiation facility and Nicosan drug for sickle cell patients in Abuja, the President said, "it is important to acknowledge that our administration's policy to partner with worthy foreign industrialists for sustainable development of our country is recording successes". Against the background of several in-roads recorded by the country such as the one with launching of the first-ever curative drug for treatment of sickle cell developed through synergy with United States-based company, Xechem Pharmaceuticals, Obasanjo affirmed that international public private partnership (IPPP) is a sign-post for "positive global economic interactions". The President said one of the administration's economic policy strategy has been to also tap from the expertise and technological prowess of Nigerian professionals in the Diaspora. "Our goal has always been to ensure that we keep in touch with them to ensure that they are sensitized to be patriotically and positively disposed towards availing us their varied expertise when called upon to do so. It is my understanding that the process leading to the production of the drug 'NICOSAN' which is an efficacious phytomedicine for the management of sickle cell disease has benefited from this engagement", he said.
He acknowledged the critical roles of Nigerian scientists from the National Institute for Pharmaceutical Research and Development (NIPRD), Nigerians in Diaspora, especially Prof. Soji Adelaja, former Executive Dean at Rutgers University, Dr. Ramesh Pandey, chairman and Chief Executive of Xechem International and Minister of Science and Technology, Prof. Turner Isoun whom he said had worked against all odds to build the linkages and networks that made the discovery and development of the sickle cell drug possible. Through similar partnership with a Chinese firm, Nigeria was able to lunch her first-ever Earth-Observation -Satellite (NigeriaSat-1) and most of the critical infrastructural developments taking place the country's power, transport and petroleum sectors are also being driven under such bilateral economic partnership agreements. Commenting on the efforts at transforming the country technologically, the President described the steps being taken to restructure the country's science, technology and innovation system with assistance of UNESCO as part of the reform strides of the administration aimed at making the sector more proactive to national needs and to enhance efficiency in service delivery. He said the "re-engineering of the science and technology sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve a national economy that is technology-driven, private sector-led and knowledge-based". ------------------------------------------------------------
Posted by BooDog on :
Quick....good news for XKEM someone deleet the thread again!
Posted by UVCLRules on :
Reversal time boyz & Girlz
Posted by BooDog on :
quote:Originally posted by T e x:
quote:Originally posted by amswap: Boo, there was a problem with someone and I think rather than do something to that person, they just wiped the entire thread out.
nope...apparently one of those rare "technical difficulties"
That's funny!
Thanks Tex
Posted by barricuda on :
Wierd how things disappear.....
Posted by repsag on :
Purl Gurl, are you here?
Posted by repsag on :
Sorry eveyone.
Good morning all!!!!!
Posted by repsag on :
Purl Gurl, do you intend to respond, or as you stated in your last post, expand, on the topic of worthless patents?
Posted by toad wallstreet on :
Thanks Purl Gurl. Your posts have been a great help to me. I got out with 100% profit and without your insight that might not have happened,because if what your saying is true this thing is gonna just slowly going to go down. Good luck to everyone still in.
GREAT DD EGG!!! YOU ARE THE MAN!
Posted by BooDog on :
say purl more time and she'll be in your monitor lmao she's on CA time but she never sleeps...
see if they post nigeria news as a PR on yahoo
GLTY toad. I'm holding.
Posted by repsag on :
A few hours ago the topic of patents came up, and Purl did comment on the subjedct. I asked her a question and then received questions for answers. Not what I expected from her.
Posted by maumee river rat on :
Monin gang!!!!
Quite an interesting read here on the new thread...
Would of been about 8 pages shorter if ams would have not been stalken Purl down. LOL
Good luck today People!!
Posted by 10 on :
Mornin' Maumee...hope everything's OK with the parents...
Posted by Peaser on :
quote:Originally posted by Dustoff: peaser, running? LOL
lol, barricuda in the water.
Posted by BooDog on :
quote:Originally posted by barricuda: Wierd how things disappear.....
yes it is isn't it.
Posted by BooDog on :
is berlin holding? lost the security code for the real time quote
Posted by Leslie C on :
How is berlin looking this morning?
Posted by 10 on :
i don't have the real time but open .04 now .05 prev close .05 looks like its holding
thanks 10....just had to find the code, got it now thanks!
[ July 10, 2006, 08:40: Message edited by: BooDog ]
Posted by 10 on :
quote:Originally posted by barricuda: Wierd how things disappear.....
Dustoff?
Posted by Egg Inspector on :
BSE at 0.00/even for the day. IMHO that is a good sign for us. volume, very low, strangly low.
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER
current - EUR 0.049 b 10.07.06
B/A - 11:46 0.045 / 0.047 13:18
day change - 0.00 / 0.00% 0.049
previous - 0.042 0.049 0.042
volume - 500 / 500
Posted by Peaser on :
quote:Originally posted by glassman: When she talked about dilution, she had no proof.
XECHEM INTERNATIONAL INC 10QSB 5/22/2006 3/31/2006 Number of shares outstanding of the issuer's common stock, as of May 5th, 2006, was 1,093,471,115 shares.
you guys might do well to actually spend some time reading PG's methods ......
Glass, I believe that we all knew about the dilution from the beginning of the year. I did anyhow.
Posted by E440 on :
Good morning all!
Latest from Berlin:
Statistic Daily overview Statistic
cur. Spread in %: 21,43 Today´s High: 0,049
Last price: 0,047 b Today´s Low: 0,042
Time: 14:44:14 Diff. in %: -4,08%
Volume: 50.000 Diff. abs.: -
Total Prices: 4 Open Price: 0,042 G
Total Volume: 500 Prev. Price: 0,049
Posted by Peaser on :
quote:Originally posted by 10:
quote:Originally posted by barricuda: Wierd how things disappear.....
Dustoff?
Yes. lol
Posted by phone_man on :
E440 what does DD stand for ?
Posted by E440 on :
quote:Originally posted by phone_man: E440 what does DD stand for ?
Due Diligence. They only allow 100 characters for your signature.
Posted by Peaser on :
I originally bought in after the dilution had ended at .0069, then this moved to the .03 wall, then got back in when this came back down to .015ish or so for a bounce, and then again at .011 the last time.
I have noticed the MM QUIN previously diluting it appeared a few months ago, and again the day of the big PR. That is why I gave the warning to run fer da hills if you see him on the L2's in the previous thread because I've seen him diluting in the past IMO.
I highly doubt that .01 occurs again, but that is only my opinion.
Posted by phone_man on :
Pics from the launch party. Not sure if this has been posted yet
Posted by E440 on :
L2 Etrd Hill Bid: .062 Ask: .063
Posted by BooDog on :
kinda hard to believe there wouldn't be diluting when your over 1B. Try another 1 that's at 7B, sit at .0001 for how many years?? lmao. The real question is how their share structure is now and if they are making improvements to avoid future dilution. This week maybe they'll answer our questions.
Posted by barricuda on :
why are you guys still going over xkem, isnt the run consider done with? Rremember RSHN, after the pullback everyone was still talking about the stock on here and look were its at
Posted by Egg Inspector on :
what do we think folks??
Posted by Egg Inspector on :
some movement down on the BSE
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER
current - EUR 0.047 b 10.07.06
B/A - 14:44 0.042 / 0.051 14:45
days change - 0.00 / -4.08% 0.049 0.042 0.049 0.042
vol. - 50,000 / 100,500
Volume is moving!
Posted by phone_man on :
stocks1984 - everyone is still in it for the ride.
Posted by E440 on :
quote:Originally posted by Egg Inspector: what do we think folks??
If this is any indication: Price .062 last trade 9:20 25,000 shares tick down bid .062 ask .063 with a lot of 61s on the bid.
Ridin the storm out....REO
Posted by Egg Inspector on :
BSE - Euro=0.047 b 10.07.06 14:44
Posted by Peaser on :
Pics from the launch party. Not sure if this has been posted yet
Nice find phone man! thanks.
Hopefully Nicosan will help those kids and all with sickle cell who take it.
Time will tell the results.
Posted by E440 on :
.061 and the dump is on. lots of .060s Looks like we are going to see the fives today.
Posted by Peaser on :
quote:Originally posted by T e x:
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I have heard Alex aka MOMO, MOMO Stewart aka Nomi Ugly, aka many other alias', as most have us have had our encounters with him; however there are how many people with that name in the world.
I am guessing it's just a coincidence. Everyone with a brain that has been trading for long enough know about him. Would it be smart for him to do that with so many aware of his antics? I highly doubt it, but that's just my opinion.
Posted by Leslie C on :
quote:Originally posted by E440: Looks like we are going to see the fives today.
And it didn't take long.
Posted by phone_man on :
Some is buying big shares at .062 while everyone else is buying low. Interesting !
Posted by Peaser on :
XKEM normally dips until 10am or a little after that in the morning. So far nothing new.
.051 current support. Bounce possibility.
Posted by BULListic on :
1,051,400 share buy at .056
Posted by E440 on :
quote:Originally posted by Leslie C:
quote:Originally posted by E440: Looks like we are going to see the fives today.
And it didn't take long.
No, it didn't and the .04s are looming. This does seem to fit the pattern of this stock. A drop early, then a spike up and then a finish where it started.
Posted by T e x on :
quote:Originally posted by Peaser:
quote:Originally posted by T e x:
I then mentioned that the content was never really the issue, but rather the "Alex" tie-in, as re-posted above by Worthashot....
I have heard Alex aka MOMO, MOMO Stewart aka Nomi Ugly, aka many other alias', as most have us have had our encounters with him; however there are how many people with that name in the world.
I am guessing it's just a coincidence. Everyone with a brain that has been trading for long enough know about him. Would it be smart for him to do that with so many aware of his antics? I highly doubt it, but that's just my opinion.
In the deleted thread, I believe I pointed out no known ties to nomi/et al...this was simply the name used by the poster of two items in question...
Posted by Peaser on :
.07ish current resistance. I doubt it gets there, but who knows.
XKEM is in a downtrend IMO, so be careful.
I hope it breaks it, but we all know hope does not belong in trading.
Posted by rimasco on :
[ July 10, 2006, 09:52: Message edited by: E440 ]
Posted by Peaser on :
Thanks Tex, I missed it. Didn't read a lot of it.
Posted by Fuzzy1018 on :
huge volume today so far
Posted by Egg Inspector on :
I am in a meeting with customers from Mexico. I can't do anything except hope things go our way. can make no personal moves till meetings are over. 1:00pm this afternoon
UUuugh!
let's go XKEM!
fingers and toes crossed
Posted by bond006 on :
One thing is for sure In the begining of the old thread I had 3 pages of dd a lot of it I did not save would have been useful now with all the negatives that seem to have hit this board. And asking where is your dd.
Oh well the important thing is that we are still posting this stock will be back this week maybe sooner than some people think. Thoes of us that own stock and are invested know why we put our money in here
Posted by Peaser on :
On ESPN now, there is a show with a boy that has Sickle cell aneamia.
No relation to XKEM. Just thought I'd pass it on.
The Philadelphia Eagles are doing something very nice for him
Posted by dollar13 on :
anybody is this board sell their shares or still holding??
Posted by bond006 on :
.05 seem to be the support level, lets c what hppns ;(
Posted by Fuzzy1018 on :
wow just went through those 8mm's at .05
Posted by Peaser on :
Hmm, nice place for a "fat finger."
Posted by dollar13 on :
i can't believe how bad this look after last week news..
Posted by E440 on :
quote:Originally posted by Peaser: Hmm, nice place for a "fat finger."
.495!
That must be a glitch of some type.
Posted by bond006 on :
This sell off ism not going to be pretty and the bashers are going to be coming back
Posted by Dreamer0708 on :
quote:Originally posted by Peaser:
quote:Originally posted by dollar13: anybody is this board sell their shares or still holding??
I am planning to sell at the end of the day today. Today's pattern so far looks to be similar to Friday's.
Im planning to sell today, i have to cut my loss. the way this has been moving seems like it's the only way its going to be going for now.
Posted by E440 on :
More good news: Statistic Daily overview Statistic
cur. Spread in %: - Today´s High: 0,049
Last price: 0,040 Today´s Low: 0,040
Time: 16:24:34 Diff. in %: -18,37%
Volume: 5.000 Diff. abs.: -0,010
Total Prices: 7 Open Price: 0,042 G
Total Volume: 100.500 Prev. Price: 0,049
Posted by Leslie C on :
Are the volume levels unusual for XKEM compared to other pennies? Seems like it has some really high volumes compared to other pennies that I've watched based on recent news that has come out, etc. Any opinions on what that means for XKEM in the future?
[edit sp]
Posted by Purl Gurl on :
Rather ironic, yes?
Last week I suggested readers sell this one at eight cents a share to protect your capital, to either profit or to cut losses. You were afforded a wide window of opportunity to do just so.
A result is readers began harassing me, insulting me, accusing me of being a child molester, labeling me a basher, filing complaints against me, trying to have me banished, having my articles deleted.
Now you are bag holders.
This is what happens when you value your ego more than you value your mind.
Dr. Kiralynne Schilitubi Professor of English
Posted by maumee river rat on :
Thinkin this pup is on it's way to 045 or lower as day goes on... should get a bounce from those levels...
Posted by 10 on :
quote:Originally posted by Leslie C: Are the volume levels unusual for XKEM compared to other pennies? Seems like it has some really high volumes compared to other pennies that I've watched based on recent news that has come out, etc. Any opinions on what that means for XKEM in the future?
[edit sp]
Leslie,
You can't really look at if it is a penny or not...you have look at the share structure and the float..some are quite high...others lower..XKEM is rather high...and since it also has had alot of attention as of late...it will be higher... Not sure what you mean by What it will mean for XKEM in the future...
Posted by Leslie C on :
quote:Originally posted by 10:
quote:Originally posted by Leslie C: Are the volume levels unusual for XKEM compared to other pennies? Seems like it has some really high volumes compared to other pennies that I've watched based on recent news that has come out, etc. Any opinions on what that means for XKEM in the future?
[edit sp]
Leslie,
You can't really look at if it is a penny or not...you have look at the share structure and the float..some are quite high...others lower..XKEM is rather high...and since it also has had alot of attention as of late...it will be higher... Not sure what you mean by What it will mean for XKEM in the future...
Only, comparatively to other stocks with high volumes like this, is the volume solely based on recent attention? And what has happened to other similar situations in the future? Not asking you to crystal ball the PPS a month/year/decade from now.
Posted by Purl Gurl on :
Readers will either respond with more insults and threats, or readers will accept reality and effect appropriate actions to protect what is left of their capital.
Of course I am rubbing this in after the abhorrent treatment I was given resulting from my trying to help readers.
Readers earned having this rubbed in their faces.
Dr. Kiralynne Schilitubi Professor of English
Posted by maumee river rat on :
Didn't know he was in it....
Posted by dollar13 on :
i am bleeding right now. ouchhhh
Posted by bond006 on :
No doubt about it this is a real sell off. It would be easy to hind site this your choices are limited at this point .11 is gone for now lots off people said they we selling into the launch and the mm are bringing this down for now. So make your papper losses a reality or ride.
Posted by amswap on :
Called the home office and they said there WILL be a pr out tomorrow morning.
Posted by toad wallstreet on :
I listened Purl, thanks for your insight. I appreciate you bringing the other side of things to light.
Posted by Stock_Feign on :
there will be a PR in the AM before the market opens...says Barbara
Posted by phone_man on :
I say get it cheap while you can !
Posted by Leslie C on :
Who did you talk to amswap?
Posted by E440 on :
Morning Ams!
Posted by bond006 on :
I heard the same thing it is all over Ihub and r/b WITH THE PHONE NUMBER TO CALL AND VERIFY IF YOU WANT TO
Posted by Leslie C on :
Stock, you hanging in there man? Good to see ya.
Posted by bond006 on :
Good morning amswap
Posted by dollar13 on :
quote:Originally posted by amswap: Called the home office and they said there WILL be a pr out tomorrow morning.
good news ams. thanks
Posted by E440 on :
Morning Stock. Glad you are feeling better!
Posted by Stock_Feign on :
thanks everybody. this stock is killing me ... hurts to see it drop more than the staples and stitches on my head.
Posted by amswap on :
Morning all. New attitude here. Won't see me address an ounce of trash that posts on here. Not worth it.
Posted by bond006 on :
And good morning to all you longs that are still here we will ride this out we most likely after the 11:00 am sell off be green again IMHO
Posted by phone_man on :
What do I know but it looks like alot of people are loading up right now.
Posted by amswap on :
Ride the dip here and see what the pr brings to us in the morning. Could be good news that brings us new highs or will make us wonder what we ever saw in this. Either way, we can't lose much more than we already have and might just make a little green.
Posted by bond006 on :
Thats right Amswap I would just like to point out that none of thoes people own any stock they had our board wiped out and that included all our dd and then they asked us where our dd was. Also said we invested blindly.
Posted by T e x on :
quote:Originally posted by bond006: No doubt about it this is a real sell off. It would be easy to hind site this your choices are limited at this point .11 is gone for now lots off people said they we selling into the launch and the mm are bringing this down for now. So make your papper losses a reality or ride.
lol, Bond...
it's a real sell off...the MMs are bringing it down ... sell ... or don't Posted by Dreamer0708 on :
quote:Originally posted by amswap: Ride the dip here and see what the pr brings to us in the morning. Could be good news that brings us new highs or will make us wonder what we ever saw in this. Either way, we can't lose much more than we already have and might just make a little green.
Thats true, now i dont know if it would be such a good idea to sell. Posted by Purl Gurl on :
"I listened Purl, thanks for your insight."
This is appreciated. Thank you. Pleases me to know I have helped someone. Maybe in the future this will become a profitable flip play for readers. Not for now, however.
A very heavy price is paid for my trying to help readers, trying to protect readers.
A result is this fun we Old Timers enjoyed here for many years, is no longer. I have been restricted in my activities and may no longer bring humor and friendship to Allstocks, especially our off topic board to which we would flee after hours and on weekends to let off stress through having fun.
Participants in this thread have forever stolen away our fun to satiate their unhealthy egos. Allstocks is in the process of becoming a hateful place populated by pump and dump scam artists, in part, due to unethical activities by participants here.
No more fun. Our traditional history of having lots of fun here, is no more.
Dr. Kiralynne Schilitubi Professor of English
Posted by repsag on :
Amswap, great news about the PR, thanks.
Posted by amswap on :
Perhaps that fat finger is a signal of things to come! Hey, we can dream can't we? Since it is going back up some, it will be worth the wait to see what they say. No pr like they promised and we're all in trouble tomorrow.
Posted by Stock_Feign on :
if you bought at .08 and 0.09 levels because we all thought the PR would have taken this to new hights...what would be the point of selling now with all this rumor about a pr tomorrow...if you lost money so far...might as well lose some for the rest of the day and see if tomorrow helps you break even. If not, then sell and move on.
Posted by phone_man on :
Purl Gurl - so even with big PR tomorrow this stock will still tank ?
Posted by bond006 on :
Thanks for the news amswap it was good
Posted by repsag on :
Purl Gurl, if I might give some friendly advise.....
get off the soap box, lighten up a little
Posted by bond006 on :
Posted by: bigdaddyc25 In reply to: gaonmymind who wrote msg# 21925 Date:7/10/2006 11:05:12 AM Post #of 21973
I will remain quiet today, as I am adding to my position at these levels. We can all wait until tomorrow to find out. This PR was supposed to come last week Thrsday and was delayed due to further developements.
To those selling now, CONGRATS for selling at the bottom. Always a good idea.
Posted by amswap on :
I suggest everyone call their office and verify about the pr. Not a rumor. Prove it for yourself and you will know. It will cost you all of a minute for a long distance call. If there is no pr, then you will personally know the company is a lying fraud. If you don't call, then you will never know if it is fact or fiction! Their number is 732-247-3300.
Posted by bond006 on :
I will see all off you at the bottom I am not selling now.
All of did great dd on this stock and a sell off shake is all part of the game if you can make money flipping by all means do it you only help you account. But never let anybody call you stupid because you feel confident in your investment. And that is what is happening.
Posted by Stock_Feign on :
Bond, Superman is nothing put a pure pumper who keeps lying and making things up to keep shareholders arround. Every prediction he made was false. Everyday he keeps singing the same ol' song, MMs MANIPULATING! BUY MORE AT THE DIP! IM ADDING TO MY 50 mILLION POSITION! WHO EVER IS SELLING NOW IS AN IDIOT! LONGS WILL SEE PROFIT...it gets old when you bark the same way for days and the stock does nothing but red each day...just saying, Bigdaddy isnt buffet...he is just another OTC/Pink player like the rest of us
Posted by Purl Gurl on :
"get off the soap box, lighten up a little"
I will speak my mind as I choose. You will not silence my voice. You may have me banished from Allstocks, but I will never bend the knee before any of you. You will not silence my voice. You will not crush me under your thumb as you do others.
You have chosen the wrong heathen Indian to abuse.
Dr. Kiralynne Schilitubi Professor of English
Posted by 10 on :
Man oh man...I am a glutten for punishment... Back in!!! C'mon PR!!!
Posted by Peaser on :
Yes Purl, thank you for bringing some things to my attention that I overlooked.
You called a very nice flip the other day.
Posted by amswap on :
Well said stock. Remember all those whiners who continue to bash will be here in a day or 2 bragging about how much they made on this. When they have no vested interest in a stock and continue to bash, they have an alterior motive behind it. Why else would they be here instead of discussing the stocks they have money in? There is a method to their madness. I just hope enough people see through their mind games and choose to ignore them like I plan to attempt to do.
Posted by Stock_Feign on :
this stock is still profitable if you play it like this : buy lota shares for example at 0.05 and sell at 0.06..buy again at a dip, sell again at a little bounce...with the right ammount of money (25K and up) you can make hella good money fliping each day.
Posted by repsag on :
Purl Gurl, do you know the meaning of the word "abuse"? Have you ever seen abuse, becasue this is not it. I have seen it, I deal with it almost every day, and this is not abuse. I am sorry If you feel insulted by what I said, but I was just speaking my mind.
Posted by bond006 on :
It all gets old and he may be a pumper but he has some very good points and so far has been right on the general trend. What do you think most people are on this stock either pro or con his message is no different than a bashers like others have said I will continue to post.And I hope I see alot of you here with me for the bounce
Posted by mnvestor on :
Called Xkem, Barbara does verify AM PR, did not state specifics but did say an overwhelming number of callers..
Posted by Sasquatch on :
Are you guys STILL talking about this scam of a stock???
You've had your run. The truth is now coming out.
Move on.
Posted by Stock_Feign on :
with what ever PR comes tomorrow, if this moves a little bit up because of it, im the hell out of it, i will try to get more funds and daytrade on it instead of waiting and watching all these chances to make loads of loot.
Posted by E440 on :
quote:Originally posted by Sasquatch: Are you guys STILL talking about this scam of a stock???
You've had your run. The truth is now coming out.
Move on.
Where is the "truth"? Do you mean Carl "The Truth" Williams? He is retired!
Posted by T e x on :
quote:Originally posted by amswap: Well said stock. Remember all those whiners who continue to bash will be here in a day or 2 bragging about how much they made on this. When they have no vested interest in a stock and continue to bash, they have an alterior motive behind it. Why else would they be here instead of discussing the stocks they have money in? There is a method to their madness. I just hope enough people see through their mind games and choose to ignore them like I plan to attempt to do.
*obnoxious buzzer sound*
lol, a reminder: I realize many use the term basher loosely to indicate anyone who posts "negatives" or "con" aspects, but no one on Allstocks needs to have a position in a stock in order to discuss the stock.
Posted by Sasquatch on :
I don't expect you to recognize it E. It's been staring you in the face for a while now. Just keep holding bud and see what happens.
Posted by Stock_Feign on :
quote:Originally posted by bond006: It all gets old and he may be a pumper but he has some very good points and so far has been right on the general trend. What do you think most people are on this stock either pro or con his message is no different than a bashers like others have said I will continue to post.And I hope I see alot of you here with me for the bounce
no he really isnt right about the general trend at all...he posts as soon as the stock moves a notch to say SEE I TOLD YOU . WE ARE GOING UP FROM NOW! WE ARE LEVELING!...each day he says the same stuff while the stock does nothing of what he predicts. A basher is someone posting nothing but negative with no proof...if you know what you are saying and u can back it up yet its still negative...you arent a basher...you are just bringing out the truth.
Posted by dollar13 on :
not even 12:00 pm yet and we got over 100M volume, must be a good sing.
Posted by amswap on :
You are absolutley right Tex. There is a difference between a basher and negative talk. Most of these negative comments are not backed up in any way with any dd. That is bashing. I say if you want to trash talk a stock, provide some evidence and we'll all take that person more seriously. When any of us say something positive, links or other dd is requested. We should expect the same from the ones who talk negatively about it.
Posted by bond006 on :
I have always said that an investore,day trader,flipper,and basher all have the same motive and thats an entry point.
Amswap is right why do people that have no vested interest in a stock keep coming back and posting. Calling all the regulars that have there money where there mouth is and running them down.And saying that are looking out for everybodies well being .I am going to put them on ignore if it keeps up
Posted by Stock_Feign on :
quote:Originally posted by dollar13: not even 12:00 pm yet and we got over 100M volume, must be a good sing.
never confuse high volume with good sign...if the stock drops and 70 of the 100 million are all sell offs...it really isnt a good sign. Just so u know...high volume doenst always mean anything good is going on
Posted by mnvestor on :
The best part about the pictures is they are from the official office of public relations for the president. Definetely some credibility there....
Posted by Peaser on :
I do not believe that this is a scam IMHO.
There are issues with it, yes. As with most OTCBB's.
There should be some nice bounce plays still if you can catch it right, but holding it too long might not be a good thing in the short term.
If a PR comes out tomorrow, there may be a play there depending on news.
There is a gap at .03 still, which may fill within the next month, so just be aware of that.
Posted by Purl Gurl on :
"buy lota shares for example at 0.05 and sell at 0.06"
I "think" this one will slip below .05 per share before this day is over.
Last week, a few chances to flip, only two or three chances appeared. I exemplified one for readers and demonstrated how to make good profits in a matter of a couple of hours.
Currently, dilution is much too heavy to afford a chance to flip. Might happen, but I am doubtful. My opinion is this one will not move back to a price of .06 per, least not today.
Dilution is so extreme prices will be suppressed and continued to be driven downward.
Maybe a flip chance will appear but this will only last minutes, not hours. Personally, my opinion is risks are far too excessive for readers to consider flipping today.
Tomorrow, maybe. If this _rumor_ of news proves to be news which indicates pending revenues, indicates improving financials, maybe a chance to flip this stock. I am very skeptical this _rumor_ of news will prove to be valuable.
Readers are urged to protect your capital while the dust settles.
Dr. Kiralynne Schilitubi Professor of English
Posted by 10 on :
quote:Originally posted by Sasquatch: Are you guys STILL talking about this scam of a stock???
You've had your run. The truth is now coming out.
Move on.
It's had "its" run...it had a run...and there might be another..there might not be...I jumped back in to see what comes of the PR...
So...guys be careful...I am not in big..I am in on the small side..at a low price...if the PR tomorrow is crap...get the hell out and stay out...Not even sure if I would continue to flip it...IMO...
Take profits and protect capital!
Posted by mnvestor on :
Good post Purl, if bought in at 0.05, L2s look good currently with alot of buying pressure
Posted by Peaser on :
I do believe that today's gap down will be closed today. Possibly .065 will be a high.
I don't consider "fat fingers" for filling gaps.
Posted by amswap on :
As stated over and over, the pr coming out tomorrow as told by the home office is not rumor if you choose to make the call and get it first hand. Those who choose to continually call it a rumor are probably to lazy to make the call and wish to make a point of calling it a rumor to justify their negativity.
Posted by E440 on :
quote:Originally posted by Sasquatch: I don't expect you to recognize it E. It's been staring you in the face for a while now. Just keep holding bud and see what happens.
The worst thing that will happen is I will make $.
I have bought low, traded half of my position several times, am looking for an entry point now, and will not lose a dime on this stock.
I pulled the trigger when it went up to .08 the first time. Also at .11 and at .08 again.
I am still in this for the long term because I believe in the product.
The only thing in my "bag" will be cash and probably, a new car for the wife!
Posted by Sasquatch on :
quote:Originally posted by bond006: why do people that have no vested interest in a stock keep coming back and posting.
We are looking out for you. You just don't know it.
You have all the DD you need to understand in the past pages. I've just skimmed and I've seen it.
And no, I'm not looking for an entry point. I trade a lot of crap but I don't trade s**t.
I post on the threads I am invested in (currently MLXO and NHYF)
The Bigfoot
Posted by bond006 on :
Tex thats right in order to discuss a stock I think what has happened here went way beyound discussion you have to admitt that.I am trying to be nice this is the stock board and not off topic and this is my money. I wait and listen I have seen this board and a lot of others and there is usually a self motive to all party crashers and posters for that matter. All opinions are welcomed until they get rude
Posted by amswap on :
quote:Originally posted by Sasquatch:
quote:Originally posted by bond006: why do people that have no vested interest in a stock keep coming back and posting.
We are looking out for you. You just don't know it.
You have all the DD you need to understand in the past pages. I've just skimmed and I've seen it.
And no, I'm not looking for an entry point. I trade a lot of crap but I don't trade s**t.
I post on the threads I am invested in (currently MLXO and NHYF)
The Bigfoot
Classic basher bs "We are looking out for you." What a joke. You want people to take you seriously, provide some solid dd, don't just tell us it is staring us in the face. That is the lazy way out. If you're looking out for me, don't. I'm a big boy and can take careof myself. Did it for many years without your help.
Posted by bond006 on :
Big foot, If i understand your post you are agreeing with me and admitt that you have nor want any business here. I am dumbfounded.
Posted by amswap on :
Amen sho!
Posted by 10 on :
I really do think that these "posters" with the negatives are looking out for people...it's hard to see bad things posted about what you feel is good...if you don't like the comments..ignore them...but don't be blind...and don't get "upset" because others are trying to warn...
If "it" helps just one person not loose their money...then the "bad" posts have done their job...give it a rest guys...and see how it plays out...
I only hope that everyone has protected their capital...
Posted by bond006 on :
I will third that
Posted by JF Glass Works on :
quote:Originally posted by 10:
So...guys be careful...I am not in big..I am in on the small side..at a low price...if the PR tomorrow is crap...get the hell out and stay out...Not even sure if I would continue to flip it...IMO...
Take profits and protect capital!
10, I am in the same situation, and I did just that. Am watching my free shares do what they may. I now am not as concerned where this goes.
Posted by T e x on :
Gang?
the stock or the company...
no problem asking for clarification of opinions...
but drop the name-calling, personally directed insults...
Bond: to repeat, no one here is required to have a position in order to discuss.
clear?
Posted by bond006 on :
And as far as dd goes why don't the bunch of you go find the three pages of it that we did and you blew out.
Posted by Leslie C on :
Tex, you got a full head of gray hairs yet? Posted by Peaser on :
I agree 10.
quote:Originally posted by 10: I really do think that these "posters" with the negatives are looking out for people...it's hard to see bad things posted about what you feel is good...if you don't like the comments..ignore them...but don't be blind...and don't get "upset" because others are trying to warn...
If "it" helps just one person not loose their money...then the "bad" posts have done their job...give it a rest guys...and see how it plays out...
I only hope that everyone has protected their capital...
Posted by dollar13 on :
negatives comments about XKEM with no fundamentals, i will ignore.
Posted by 10 on :
quote:Originally posted by Leslie C: Tex, you got a full head of gray hairs yet?
I picture him bald...
Posted by bond006 on :
If any of you want to call the office in NJ to verify the PR news coming out tomarrow here is the number
1-732-247-3300 Office
Posted by E440 on :
quote:Originally posted by 10: I really do think that these "posters" with the negatives are looking out for people...it's hard to see bad things posted about what you feel is good...if you don't like the comments..ignore them...but don't be blind...and don't get "upset" because others are trying to warn...
If "it" helps just one person not loose their money...then the "bad" posts have done their job...give it a rest guys...and see how it plays out...
I only hope that everyone has protected their capital...
If they are really trying to help, state some facts and sources.
You can lose a great deal of money on the big boards. You can lose it a lot quicker in the pennys. Anyone who jumps into the pennys without paper trading, doing research, and verifying sources. is a fool. And you know what they say about a "fool and his money".
The last line in your post shouldn't be "hope". Everyone should have protected their capitol. There were three major instances to do it.
There have also been minor chances as well. That takes more time, but the result is the same.
Posted by Sasquatch on :
This stock has a lot of hype and thereby a lot of newb's trading on it.
Shome. You called me a basher on the CNES board too. I told you I'd dissapear on that thread until what I had called came to pass. A month later I was posting and you were not.
Yes, I want no business here. I'm telling you, you don't want no business here either. People are going to lose a lot of money on this POS. Maybe not you personally but this is the type of stock that ruins many investors. CKMX, QBID, XKEM on the way to joining the list. ***IMO***
The Bigfoot
Want DD? Look back in your own thread at all the stuff you cried out against.
Posted by Leslie C on :
quote:Originally posted by 10:
quote:Originally posted by Leslie C: Tex, you got a full head of gray hairs yet?
I picture him bald...
With wrinkles?
Posted by JF Glass Works on :
http://www.nigeriafirst.org/artman/uploads/nicosan__obj_presents_drugs_to_kids.j pg This seems to be one of the best signs to me. The president and Pandey handing out PACKAGED????? COMPLETED???? MANUFACTURED????? NICOSAN to kids. If those are actual packaged doses of NICOSAN then this is a really good thing. It shows that they are producing the drug.
[ July 10, 2006, 12:13: Message edited by: JF Glass Works ]
Posted by Peaser on :
Looks like I'm holding my 330k at .071 til tomorrow.
If I only woulda sold for that extra $3000 when Purl mentioned the flip. Doh!
There's still a chance for tomorrow, but not holding my breath.
Posted by 10 on :
quote:Originally posted by Leslie C:
quote:Originally posted by 10:
quote:Originally posted by Leslie C: Tex, you got a full head of gray hairs yet?
I picture him bald...
With wrinkles?
No not wrinkles...character lines... Posted by dollar13 on :
quote:Originally posted by Sasquatch: This stock has a lot of hype and thereby a lot of newb's trading on it.
Shome. You called me a basher on the CNES board too. I told you I'd dissapear on that thread until what I had called came to pass. A month later I was posting and you were not.
Yes, I want no business here. I'm telling you, you don't want no business here either. People are going to lose a lot of money on this POS. Maybe not you personally but this is the type of stock that ruins many investors. CKMX, QBID, XKEM on the way to joining the list. ***IMO***
The Bigfoot
Want DD? Look back in your own thread at all the stuff you cried out against.
how in the hell you compare QBID with XKEM.
Posted by Leslie C on :
quote:Originally posted by 10:
quote:Originally posted by Leslie C:
quote:Originally posted by 10:
quote:Originally posted by Leslie C: Tex, you got a full head of gray hairs yet?
I picture him bald...
With wrinkles?
No not wrinkles...character lines...
Hee hee.
Hey 10, do you have a link for a good LII Quote thingy. This one I got from the Allstocks main goes wonky on me from time to time, or is that normal?
Posted by Purl Gurl on :
J F Glassworks, posting pictures of people is not allowed, least not for me.
My presumption is rules are enforced equally for everyone.
You are running a risk of having participants here attempt to have you banished for posting pictures of people.
I urge you to not post pictures to protect yourself from participants in this thread.
Dr. Kiralynne Schilitubi Professor of English
Posted by E440 on :
quote:Originally posted by Purl Gurl: J F Glassworks, posting pictures of people is not allowed, least not for me.
My presumption is rules are enforced equally for everyone.
You are running a risk of having participants here attempt to have you banished for posting pictures of people.
I urge you to not post pictures to protect yourself from participants in this thread.
Dr. Kiralynne Schilitubi Professor of English
I am sure if you posted pictures pertaining to this stock, it would be allowed.
Posted by bond006 on :
Tex very much clear but you are talking to the wrong person in my opinion I have never asked anybody to leave anywhere on this board and I have never started an argument I think all persons are welcome to the point of being rude ,insulting people relegion, and calling them a crook. Some of the people here have a right to vent a little. So as long as that does not happen again its ok with me welcome to all opinions and people may we find profit in everybodies clean wisdom
Posted by JF Glass Works on :
heh heh... thanks for the warning Purl... Posted by 10 on :
quote:Originally posted by doling2005: In for a bounce here
gfci is bouncing back up too
Posted by BooDog on :
Posted by Purl Gurl on :
On researching and sharing information, BooDog, I believe "pumping and dumping" would be a more appropriate choice of words.
You are right, I am squandering my significant talents here at what has become a haven for pump and dump scam artists.
However, I have enjoyed my rub in exchange for this hatred participants have inflicted upon what was once a high quality board.
When laughter and fun is prohibited, at the request of pump and dump scam artists, I quickly lose all interest in participating.
Dr. Kiralynne Schilitubi Professor of English
Posted by bond006 on :
I still think IMHO that we will end green today.
This looks like it would have been a great flip.
Posted by BooDog on :
I appreciate input from all angles and don't discount anyone. I prefer to see constructive reasoning which is the ONLY reason I signed in to allstocks. IMO this stock has potential that for some reason many don't see the bounce possibilities. Those that banter only add discredit to themselves. I have learned from you and from many others and hope to continue to do so. Names can be changed, ids whatever but the tone will always reveal who they are. I can't stand off topic discussion and "I told you so" attitudes from anyone. I'm glad to see it somewhat monitored and the attempts to control it. Input in any forum should be tested by the reader with their own DD.
Posted by JF Glass Works on :
quote:Originally posted by BooDog: I appreciate input from all angles and don't discount anyone. I prefer to see constructive reasoning which is the ONLY reason I signed in to allstocks. IMO this stock has potential that for some reason many don't see the bounce possibilities. Those that banter only add discredit to themselves. I have learned from you and from many others and hope to continue to do so. Names can be changed, ids whatever but the tone will always reveal who they are. I can't stand off topic discussion and "I told you so" attitudes from anyone. I'm glad to see it somewhat monitored and the attempts to control it. Input in any forum should be tested by the reader with their own DD.
I have learned from almost everyone here. A person must take everything with a grain of salt and weigh it for themselves. It is each person's choice to be influenced by another or not, and to take responsibility for their choices. IT IS CALLED PERSONAL RESPONSIBILITY! I can not make another person press the button to execute an order. It is their choice to do so.
Posted by bond006 on :
With Purls opinion of the people hear and her trading style wcich I will say has a lot of merit it is not for me she should open her own thread and give people the the benifit of her experience and use any stock she wants to flip. I would certainly drop by to pick up a few pointers and maybe she could help the thousands of newbies that she wants to
Posted by E440 on :
Update from Berlin: Down 8.16% Statistic Daily overview Statistic
cur. Spread in %: 12,5 Today´s High: 0,049
Last price: 0,045 Today´s Low: 0,040
Time: 18:37:02 Diff. in %: -8,16%
Volume: 40.000 Diff. abs.: -
Total Prices: 13 Open Price: 0,042 G
Total Volume: 280.500 Prev. Price: 0,049
Posted by Purl Gurl on :
I told you so.
Okpulot Taha
Posted by doling2005 on :
quote:Originally posted by doling2005:
quote:Originally posted by doling2005: In for a bounce here
gfci is bouncing back up too
What is the news tomorrow? Anyone? TIA
Posted by E440 on :
quote:Originally posted by doling2005:
quote:Originally posted by doling2005:
quote:Originally posted by doling2005: In for a bounce here
gfci is bouncing back up too
What is the news tomorrow? Anyone? TIA
Legally, they can not reveal the content of the release. Your guess is as good as mine.
Posted by BooDog on :
Just wrote to them, we'll see if i get a response. Thank you for submitting our feedback form. We may contact you in case we have any questions.
Posted by Egg Inspector on :
21 pages! holy cow!
I have to take clients to lunch. I am missing the whole day. I see we are down a penny, huh?
current-.053
I'm sticking with it...hell or high water
Posted by Dynamite on :
Any guessing on the hod tomorrow when the news it out?
Posted by Fuzzy1018 on :
over 10cent Posted by maumee river rat on :
quote:Originally posted by Egg Inspector: 21 pages! holy cow!
I have to take clients to lunch. I am missing the whole day. I see we are down a penny, huh?
current-.053
I'm sticking with it...hell or high water
it would only be about 14 if ya deleated all of ams's posts...LOL sorry ams... had to go there......thought about it .....still had to do it...lol
you all keep in mind what happened the last time a bit of news came out.......TANK CITY!! I have a small CAUTIOUS posision....
Posted by Dynamite on :
could the news tomorrow be of the loan acquisition?
Posted by maumee river rat on :
Those damn fat fingers always screw up the charts....Somtimes i think the MM's do i on purpose....Does anyone use a charting service that will allow you to remove or correct the dreaded "fat finger", in order to restore ssome chart integrity...
Thanks
Posted by BooDog on :
looks like they are bouncing back and forth now, if i had a stop watch i'd time it.
Posted by SherriT on :
Hi all - I haven't had a chance to see much other than the big fat red down arrow. Maumee - hope your Dad is doing better. Without reading all the pages, I gather we are expecting some sort of news tomorrow?
Posted by dollar13 on :
Still holding my small position, hoping this thing will rise with news. Stayed away from the boards for a few days and everything changes!! Too bad, there was some good DD on the other thread.
maumee - I couldn't stay away from the pennies. Set myself some parameters to follow which should help me sleep at night!! but yes, where else can I potentially make 300%?
GLTA
Posted by Egg Inspector on :
quote:Originally posted by Dynamite: Any guessing on the hod tomorrow when the news it out?
from: one disconnected Egg to: fellow threaders
subj: we have new news coming?
what gives, what gives??
Posted by E440 on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by Dynamite: Any guessing on the hod tomorrow when the news it out?
from: one disconnected Egg to: fellow threaders
subj: we have new news coming?
what gives, what gives??
Several here and at Ihub have stated that they have spoken with Barbara and a press release is due out tomorrow. No further information regarding the content has been obtained.
I seem to remember reading somewhere that they issue their press releases Tuesdays and Thursdays. We will see.
Posted by Egg Inspector on :
I hear this crap about me being awesome with DD, I don't think so. Me thinks there is a bit of sarcasm there.
here is awesome DD, hats off to Phone_man...YES, that's Pandy right next to the President, handing our NICOSAN!!
egg you do awesome with dd keep it up
Posted by SherriT on :
I sure do hope that we see a little green later on....SOMETIME this week. I now have a wager with the husband between now and Jan. 1st - the wif MUST be victorious! LOL
Posted by Blue Marlin on :
quote:Originally posted by Egg Inspector: we are going to be J U S T Fine folks
once this starts helping kids, and people in general, it won't be able to be manipulated, bashed, or BS'd by anyone.
$$ talks B***S*** walks!
------------------------------------------------ egg, me thinks you have no idea what a true basher is...Accordingly one could say you is a kOOL-AiDe drinking pumper....
just because others have a differant opinion does not make them a basher..
I thought all that nonsense was over with... Do you really want to start it up again?
Dustoff
Posted by Egg Inspector on :
is it 'bargain basement' if this thing hits the 4's? time to consider buying, huh?
Posted by Blue Marlin on :
Egg, here ya go-------> XKEM today..-19.69% last .051
Now is that a bash?
Posted by 10 on :
Look fishman...stop changin' your name....LOL
Posted by Blue Marlin on :
I am on a combo charter!
Posted by glassman on :
the market is always correct... unless its wrong...
then there's money to be made...
Marlin man is correct....
PG is not a basher...
she just posts "uncomfortable facts"...
Posted by dollar13 on :
holding my shares until the end...
Posted by Blue Marlin on :
A true long! LOL
Been there me self dude.
Posted by CashCow on :
dang it this stock is tanking.....fast im in it til the end though.... down 20.47% as of now .05
Posted by bond006 on :
The trend is your friend
Posted by Blue Marlin on :
A poet!
Posted by bond006 on :
Must be one lousy pr comming out tomarrow. I guess there is a lot od people bailing out
Posted by Stock on :
if they are updating their Nigerian website a little, if they said ( like everyone else i was told on the phone ) the PR is tomorrow AM before open, giving out info about the start of manifacturing, sells and expensions and this still trades at these levels, i tell you something, grab your money and GTFO.
Posted by CashCow on :
dang it....ragged PR...???
Posted by Stock on :
if they are updating their Nigerian website a little, if they said ( like everyone else i was told on the phone ) the PR is tomorrow AM before open, giving out info about the start of manifacturing, sells and expensions and this still trades at these levels, i tell you something, grab your money and GTFO.
Posted by BooDog on :
From the PRs production has already started, and the launch has already been launched, now wheres the numbers? let me add..the PRs are from nigeria, now where are the ones XKEM is paying for for the US? and how come the last one on their web site was Jun 6?....i should have included that question in my e-mail to them.
Posted by E440 on :
That was some quick cutting!
Posted by shomethamoney on :
Thanks SAS me and you go back. I like having you close by. You know what they say lol!!!
Posted by CashCow on :
what is the deal with this? not a rollercoaster....gravity is killing this stock...
Posted by shomethamoney on :
Oh no! my post was cut - the truth hurts too much. Oh well. I will give them all stars. Maybe that will help boost my position in here lol. I think I hear the WAH mmmm bulance - WAH WAH somebody - shome is being mean. We can cut but don't let shome say anything WAH WAH.
If I get kicked off it wouldn't be the worst hurt in life or even close. people just want to hear the bad that's all.
Posted by E440 on :
quote:Originally posted by shomethamoney: Oh no! my post was cut - the truth hurts too much. Oh well. I will give them all stars. Maybe that will help boost my position in here lol. I think I hear the WAH mmmm bulance - WAH WAH somebody - shome is being mean. We can cut but don't let shome say anything WAH WAH.
If I get kicked off it wouldn't be the worst hurt in life or even close. people just want to hear the bad that's all.
I think your post was cut because it was a repost of the post that was cut.
The Owner of this site has probably had enough and will not tolerate any more of what has gone on in the last few days.
Posted by bond006 on :
The pr that is supposed to come out has a lot to say that what people are talking about. i don't know but if it something that could have been said last thursday I wish they would have done it then and have kept the momo going
Posted by shomethamoney on :
I was the one with the original post E. They cut me but they can let these others post their garbage. It sounds biased to me, but it's ok. As long as they can't cut my money. Let'em banish me I'm cool with anything.
Posted by Stock on :
To be just plain bold and honest :
if the PR in the premarket doenst force this to gap up to an open of .10 levels which makes it a 100% jump up at 9:30am, then you can just forget this stock and move on because the last hope this has is living off the PRs. If this last one doenst bring it up to where it was nothing else will...numbers numbers and numbers only will speak, future plans and projections did nothing.
Posted by glassman on :
The Owner of this site has probably had enough and will not tolerate any more of what has gone on in the last few days.
probably? LOL....
i think he needs a nice big block of cheese to go with all the wining here...
and PG isn't the one pouring...
Posted by E440 on :
Well.....it's over, finally 4:00!
I'm off to the gym to release some tension.
Good luck to all!
Posted by E440 on :
quote:Originally posted by Stock: To be just plain bold and honest :
if the PR in the premarket doenst force this to gap up to an open of .10 levels which makes it a 100% jump up at 9:30am, then you can just forget this stock and move on because the last hope this has is living off the PRs. If this last one doenst bring it up to where it was nothing else will...numbers numbers and numbers only will speak, future plans and projections did nothing.
I agree with you Stock. It is a numbers game now. I don't think .10 is likely. If they are lucky, .085. It can also go down to .03.
I suggest everyone warm up their trigger fingers one way or the other!
Posted by Purl Gurl on :
Dr. Sa Okpulot Taha writes,
"I think this one will slip below .05 per share before this day is over."
.0498 / .0499
Dr. Nashoba Holba Choctaw Nation
Posted by E440 on :
quote:Originally posted by Purl Gurl: Dr. Sa Okpulot Taha writes,
"I think this one will slip below .05 per share before this day is over."
.0498 / .0499
Dr. Nashoba Holba Choctaw Nation
Congradulations!
Johnny, tell her what she has won....
Just so you know, that was a joke and not an insult. Posted by bond006 on :
I think they want to take this one down folks to bad if the pr does not work tomarrow timber
Posted by E440 on :
quote:Originally posted by bond006: I think they want to take this one down folks to bad if the pr does not work tomarrow timber
Who is "they"?
Posted by bond006 on :
I think this is MMs at there best they made sure that it closed at .049 for the day gap down tomarrow maybe the pr will bring it up
Posted by Stock on :
no one is bringing down the stock, we need to stop this MM sh1t...its THE STOCK itself thats the problem, not the MMs, they arent gona take a loss...its not THEM, its XKEM
Posted by phone_man on :
What is keeping this down? Doesn't make sense. The volumes are huge. Everyone knows that sells are right around the corner.
Posted by SYGY on :
been going down way to much'you would think that with all the hype surrounding JULY 6th that XKEM would of made a PR blitz and brought PPS up and not let this go to ****!!!!!!!
Posted by phone_man on :
correction sells = NICOSAN sales. Posted by Egg Inspector on :
Uuuuugh! what a crummy day, and a crummy close
XKEM Bid: 0.0498 Ask: 0.0499 Last: 0.049 ($): -0.0145 Vol: 145,029,504
Posted by phone_man on :
There's always tomorrow !
Posted by SYGY on :
Hurry up JUICE and find a PR that has XKEM all over it!!!!!
Posted by trade04 on :
hurry find some nigerian news! anything that says nigeria lol
Posted by E440 on :
quote:Originally posted by phone_man: What is keeping this down? Doesn't make sense. The volumes are huge. Everyone knows that sells are right around the corner.
I would direct you to PGs article about "toxic" selling.
That may have something to do with this.
There are other factors as well. Most notably, the way the company has handled everything to this point. From the PRs to the website. It isn't a "top notch" operation.
Posted by Stock on :
if no .10 tomorrow ( most of you say its a lot...) but supposedly this PR is going to "bring" xkem to its level...if by tomorrow this doenst happend, i think this thread should just be closed for the sake of cutting people's losses...this stock is pathetic at where it became from where we thought it would...a total sh1tter. 9:31am if below .08 BYEBYE xechem
Posted by Egg Inspector on :
quote:Originally posted by Stock: To be just plain bold and honest :
if the PR in the premarket doenst force this to gap up to an open of .10 levels which makes it a 100% jump up at 9:30am, then you can just forget this stock and move on because the last hope this has is living off the PRs. If this last one doenst bring it up to where it was nothing else will...numbers numbers and numbers only will speak, future plans and projections did nothing.
I would agree with you if you are strictly 'SHORT' in this.
But, wouldn't you agree that a few things besides living off PR's could help? Like, say......Revenue, Financial success, etc....
Posted by phone_man on :
Posted by Stock on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by Stock: To be just plain bold and honest :
if the PR in the premarket doenst force this to gap up to an open of .10 levels which makes it a 100% jump up at 9:30am, then you can just forget this stock and move on because the last hope this has is living off the PRs. If this last one doenst bring it up to where it was nothing else will...numbers numbers and numbers only will speak, future plans and projections did nothing.
I would agree with you if you are strictly 'SHORT' in this.
But, wouldn't you agree that a few things besides living off PR's could help? Like, say......Revenue, Financial success, etc....
im not talking short...you were back in this in the 60s, ur losing your money like most who either got back in or bought at the .08 and 0.09 levels. tomorrow i will cut my losses if this peice of crap doenst come out with positive numbers about their shaddy company. this is total honesty...i mistakenly fell in love with this and i need to break up with it.
Posted by dollar13 on :
Seems today we have crossed the 20 day MA on the slide down through the .05s Posted by JohnDoe on :
Guys i can't believe what i'm seeing here..don't tell me that most of you are still holding XKEM?
Posted by SYGY on :
quote: -------------------------------------------------------------------------------- Originally posted by SYGY: Hurry up JUICE and find a PR that has XKEM all over it!!!!! --------------------------------------------------------------------------------
I hear ya SYGY I'm ready to make one up myself. How does XKEM GETS US FDA APPROVAL READY TO CURE THE WORLD sound
LOL!!!!
Posted by Egg Inspector on :
quote:Originally posted by Stock:
quote:Originally posted by Egg Inspector:
quote:Originally posted by Stock: To be just plain bold and honest :
if the PR in the premarket doenst force this to gap up to an open of .10 levels which makes it a 100% jump up at 9:30am, then you can just forget this stock and move on because the last hope this has is living off the PRs. If this last one doenst bring it up to where it was nothing else will...numbers numbers and numbers only will speak, future plans and projections did nothing.
I would agree with you if you are strictly 'SHORT' in this.
But, wouldn't you agree that a few things besides living off PR's could help? Like, say......Revenue, Financial success, etc....
im not talking short...you were back in this in the 60s, ur losing your money like most who either got back in or bought at the .08 and 0.09 levels. tomorrow i will cut my losses if this peice of crap doenst come out with positive numbers about their shaddy company. this is total honesty...i mistakenly fell in love with this and i need to break up with it.
stock...I am in at .030 just to clear that up.
Posted by Stock on :
and u were out at the 7s and back at the 60s...just to clear that up
Posted by SYGY on :
I-HUB---REPOPST!!!!Posted by: whiteshadow In reply to: brikk who wrote msg# 22312 Date:7/10/2006 4:47:19 PM Post #of 22324
Yeah me too. Spoke w/Barbara. I grew up near her hometown. I do expect a PR tomorrow but I don't expect more than a simple statment about the launch. Officers are out of the country until at least next Thursday. Expect nothing but a small band-aid to ease the pain. Boy, there's going to be quite a list of angry phone callers & messages. It will be interesting to see what their plans for dealing with this are? Probably nothing. They delivered on what they promised so far. Give it time.
Posted by Egg Inspector on :
No, I did my first flip at .080 to .063. Thank you. but, I have never put a dime more than my original investment in, which divided by my number of shares equals 0.03002604669 per share.
We really don't need to argue this... the point is In your opinion you believe what you are saying about XKEM, my opinion is mine....but the price per share in this case, is fact Posted by Egg Inspector on :
This is symantics Stock, and a little good natured ribbing.....LOL
Posted by Dynamite on :
quote:Originally posted by Stock: if no .10 tomorrow ( most of you say its a lot...) but supposedly this PR is going to "bring" xkem to its level...if by tomorrow this doenst happend, i think this thread should just be closed for the sake of cutting people's losses...this stock is pathetic at where it became from where we thought it would...a total sh1tter. 9:31am if below .08 BYEBYE xechem
I sort of agree, I've been with this stock since .028, so I'm still waiting. But hopefully tomorrows news, will bring it back up. what do you guys think?
Posted by Stock on :
nothing but financials and revenue can bring this up, the problem with that is that they just "manifactured" the drug, in other words, there wont be any financials for a LOOOOONG time, so tomorrow's PR might just be another DEJA VU
Posted by JohnDoe on :
Trade04: sorry i try to repy to your PM it won't let me:( FYI You are not permitted to send private messages. A board leader has elected to deactivate this option for you.
» Please use your browser's back button to return.
Posted by bond006 on :
How does anybody know what the pr is or wether it will wotk? I myself am not looking for the best in the world pr simply because the management is runnig around doing other things our pr man wont be back to JERSEY UNTIL THE 14TH and yes I do believe in MM manipulation they are helping it come down so they can be ready for the next run at the end of the month> truly hope tomarrow works but at this point its going to be a temporary fix at best. This is Just IMHO
Posted by bond006 on :
Truman said it very plain if you can't take the heat get out of the kitchen
Posted by Egg Inspector on :
quote:Originally posted by Dynamite:
quote:Originally posted by Stock: if no .10 tomorrow ( most of you say its a lot...) but supposedly this PR is going to "bring" xkem to its level...if by tomorrow this doenst happend, i think this thread should just be closed for the sake of cutting people's losses...this stock is pathetic at where it became from where we thought it would...a total sh1tter. 9:31am if below .08 BYEBYE xechem
I sort of agree, I've been with this stock since .028, so I'm still waiting. But hopefully tomorrows news, will bring it back up. what do you guys think?
Dynamite, I know a lot don't want to hear it, cause the general rule of thumb is 'pennys are not investments', but this is a play, in this newB's humble opinion, was always going to take months to come through, if not a year. Once people are talking of how NICOSAN has changed there lives, and revenues get reported, then there will be $$ to speak of. I have another ADVR, is the same way. CDRM also. Medical drug, or procedure, or equipment plays take time. I have been told this by much wiser players than me.
so that is what this Egg thinks. Posted by trade04 on :
quote:Originally posted by JohnDoe: Trade04: sorry i try to repy to your PM it won't let me:( FYI You are not permitted to send private messages. A board leader has elected to deactivate this option for you.
» Please use your browser's back button to return.
lol what did you do?
Posted by Stock on :
next run the end of this day, the end of this week, the end of the month...Steve Burg, Barbara, Steve Burg, the 14th... PR, Pandey, Nicosan... There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
Posted by Egg Inspector on :
quote:Originally posted by Stock: nothing but financials and revenue can bring this up, the problem with that is that they just "manifactured" the drug, in other words, there wont be any financials for a LOOOOONG time, so tomorrow's PR might just be another DEJA VU
Agreed
Posted by Egg Inspector on :
quote:Originally posted by bond006: Truman said it very plain if you can't take the heat get out of the kitchen
agreed
Posted by Stock on :
Nicosan isnt changing anyone's life...i need proof it is, its not a picture of the CEO handing free boxes to kids thats going to make the PPS go up...Show me the NICOSAN on TV if its the FIRST drug to ever do what it "can" do, put it on papers...give me number of how many are going to be sold...pictures and projections are just pi ss in the dirt
Posted by Egg Inspector on :
quote:Originally posted by Stock: next run the end of this day, the end of this week, the end of the month...Steve Burg, Barbara, Steve Burg, the 14th... PR, Pandey, Nicosan... There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
LOL......language....be careful LMAO Posted by JohnDoe on :
quote:Originally posted by trade04:
quote:Originally posted by JohnDoe: Trade04: sorry i try to repy to your PM it won't let me:( FYI You are not permitted to send private messages. A board leader has elected to deactivate this option for you.
» Please use your browser's back button to return.
lol what did you do?
I did'nt do nothing i can't PM no one since i've first join allstocks.To answer your question XKEM wil dip more good entry point is around .035 to .04 area does'nt matter if they release the PR it's prolly gonna rise and dip backward fast so don't worry.But don't take my words for it:).Go on to another stock.
PS: can any MOD please activate my PM for me Tex,Purl-Gurl?
Thanks
Posted by Stock on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by Stock: next run the end of this day, the end of this week, the end of the month...Steve Burg, Barbara, Steve Burg, the 14th... PR, Pandey, Nicosan... There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
LOL......language....be careful LMAO
i assume we are men here, thats how men talk
Posted by T e x on :
JD, simply e-mail the Webmaster and explain...most likely a little glitch
Posted by dollar13 on :
this has become the bashers board but not for too long. L O L
Posted by Stock on :
why is this bashing thing is comming up...for god sake it has been tanking and we have all been witnissing it...what is there positive to say ? im only bringing out what i see...show me something good that happend within the last week with this ?...im all ears
Posted by dollar13 on :
bashers will chase this stock soon...lol
Posted by Blue Marlin on :
Egg, as an egg inspector do you know what a rotten egg looks like? I sure hope so, cause me doesn't want to eat the thing if you goof up!
Which would leave you with egg all over your face..
Posted by Purl Gurl on :
"can any MOD please activate my PM for me Tex,Purl-Gurl?"
I am not a moderator. I am a hacker.
Nashoba Holba, PhD MA BS FAI
Posted by T e x on :
*ding ding*
The stock or the company, kids...
Posted by Stock on :
quote:Originally posted by dollar13: bashers will chase this stock soon...lol
who are the bashers ? and you are starting to sound like an IHUB migrant
Posted by Egg Inspector on :
quote:Originally posted by Stock: Nicosan isnt changing anyone's life...i need proof it is, its not a picture of the CEO handing free boxes to kids thats going to make the PPS go up...Show me the NICOSAN on TV if its the FIRST drug to ever do what it "can" do, put it on papers...give me number of how many are going to be sold...pictures and projections are just pi ss in the dirt
stock, I didn't say it 'was saving lives' I said "Once people are talking of how NICOSAN has changed there lives".
S-...Show me the NICOSAN on TV if its the FIRST drug to ever do what it "can" do-
E-look how long it took this company to get a few pictures on the net. time is the main ingredient with this one. if you are impatient, this isn't the stock for you.
S-put it on papers...
E-there are patents, there are FDA status' etc.. but there are a million others (this won't do it)
S-give me number of how many are going to be sold...
E-they have already done that. 4 million infected in Nigeria. approx. $20 per month dosage.
S- pictures and projections are just pi ss in the dirt
E- I absolutely agree
[B] in the end, medical plays go on results of the masses, and revenues IMHO. XKEM can't produce either tomorrow, next week, or next month (not really). give Xechem to any Pharm. company and they couldn't 'really' produce these results that quick. others might have a higher PPS by now, but that is a credibility issue.
Xechem is David against Goliath out there. wanna speculate? might big money Pharm. competition be out there rooting against them? you think they got troubles answering to a bunch of pissed off stockholders, imagine having a billion dollar industry like Pharmaceuticals to break into. you don't think that's a 'good ole boys' network.
and let me really stretch it........... nah...save that for later.
Posted by orangehole on :
XKEM is going to tank hard. I have african friends in the medical field who claim there has been intrest in many herbs and roots from Africa which Nioscan is made from. None of them work. It all sounds great but it will tank. I wish I would have bought at 0.01 and dumped at 5x
Posted by trade04 on :
egg, how can nigerians afford 20 bucks a month?????
Posted by JohnDoe on :
quote:Originally posted by dollar13: bashers will chase this stock soon...lol
Dollar13: sorry bro, I'm no basher if the stock rise again good for all of you that still holding.As for me i make butt load on Xkem already,if i can catch on time than that'll be great if not i'll just move on to the next one.
Posted by glassman on :
quote:Originally posted by Stock: next run the end of this day, the end of this week, the end of the month...Steve Burg, Barbara, Steve Burg, the 14th... PR, Pandey, Nicosan... There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
hey i like that one: There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
4 million infected in Nigeria. nobody is "infected" with SCA...
affected yes, but not infected...
Posted by Stock on :
quote:Originally posted by glassman:
quote:Originally posted by Stock: next run the end of this day, the end of this week, the end of the month...Steve Burg, Barbara, Steve Burg, the 14th... PR, Pandey, Nicosan... There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
hey i like that one: There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
4 million infected in Nigeria. nobody is "infected" with SCA...
Slick
Posted by glassman on :
quote:Originally posted by Blue Marlin: Egg, as an egg inspector do you know what a rotten egg looks like? I sure hope so, cause me doesn't want to eat the thing if you goof up!
Which would leave you with egg all over your face..
hey it depends on where and what type the eggs are doesn't it? Posted by Egg Inspector on :
Hydroxyurea...the only known SCD therapy. ---------------------------------------------------------
Bristol Myers Squibb, the manufacturer of hydroxyurea.... --------------------------------------------------------- didn't xechem?.... --------------------------------------------------------- XECHEM SUES BMS FOR ANTITRUST VIOLATIONS OVER BUSPAR, TAXOL Generic drugmaker Xechem International is seeking $150 million in damages from Bristol-Myers Squibb (BMS) in a lawsuit that alleges the firm illegally denied generic competition on its anticancer drug Taxol (paclitaxel). --------------------------------------------------------- Xechem Announces Favorable Ruling by U.S. Court of Appeals in Its Antitrust Case against Bristol Myers Squibb
NEW BRUNSWICK, N.J.--(HSMN NewsFeed)--June 25, 2004--Xechem International Inc. (OTCBB:XKEM ) Xechem International, Inc. and Xechem, Inc. filed an antitrust suit against Bristol-Myers Squibb Company in the U.S. District Court for the Northern District of Illinois seeking treble damages in connection with BMS' alleged engagement in a series of unlawful acts to delay competition in generic versions of paclitaxel (marketed by BMS under its registered trademark, TAXOL®). Xechem had developed a generic version of paclitaxel which it was working to make available to cancer patients in the United States when the alleged anticompetitive actions occurred. The lawsuit had been initially dismissed by the District Court on the grounds that the statute of limitations barred the action.
On June 23, 2004 the US Court of Appeals for the Seventh Circuit, however, reversed the District Court opinion and determined that the basis for dismissal was improper. It reinstated and remanded the case to the District Court. Although there has been no determination on the merits of the case, Xechem intends to vigorously pursue its claims against BMS.
The New York Times reported on April 25, 2003:
"Bristol-Myers Squibb has agreed to pay $55 million to settle suits in 46 states accusing it of overcharging for the cancer drug TAXOL®. The settlement requires Bristol to pay $12.5 million to compensate patients who bought TAXOL® or its generic equivalent from 1999 to February 2003, the California attorney general, Bill Lockyer, said. An additional $37 million will go toward reimbursing government entities and the remainder will pay administrative and legal costs. Bristol-Myers has already reached a $670 million agreement to end claims that it used its patents to thwart generic competition for TAXOL® and the company's anti-anxiety drug BuSpar."
Nor will each of those four-million generate revenue through sales. At best, one-third will generate revenue.
His is a typical pump and dump tactic designed to fool gullible readers.
Yammak Fokali, PhD MA BS FAI
Posted by Egg Inspector on :
quote:in the end, medical plays go on results of the masses, and revenues IMHO. XKEM can't produce either tomorrow, next week, or next month (not really). **give Xechem to any Pharm. company and they couldn't 'really' produce these results that quick. others might have a higher PPS by now, but that is a credibility issue.
**meant to say "give nicosan"
Posted by Egg Inspector on :
quote:Originally posted by trade04: egg, how can nigerians afford 20 bucks a month?????
well, I don't know...I know some people here, much smarter than I, showed how this wasn't a problem. I am just stating what has been put out there.
hate the message, not the messenger Posted by bond006 on :
Trade04 to answer your question in the original thread part of the dd was an answer to that question 2/3 fo all Nigerians can afford it. The Govnerment will make it available to all Gov. employees as a beni and they will make sure the remaining poor are covered they will be getting a 7.5% share in the revs which the Gov. figures show will be aprx 150 million a year
Posted by JF Glass Works on :
edit.
Posted by Egg Inspector on :
sorry, there has got to be a little lee-way here. you all know me here, this kind of thing is a typo's or just a little screw-ups. not a real point.
4 million infected in Nigeria. nobody is "infected" with SCA...
affected yes, but not infected...
"affected" I stand corrected..Egg
Posted by shomethamoney on :
Friends that are on here. I will post back in a week or two. This board has become the wastleand of deadbeat bashers who can't find DD to prove anything. These GALS and GUYS couldn't find their dinner dish if they needed to. Sas you have me quoted. I talk to you soon. Do your own DD and make your money. Profits will come. Remember that there is always bashers when you are doing something good.
Posted by Egg Inspector on :
I will not acknowledge certain post'rs here.
I will say....many of you were here my first day. when Oil jumped all over me calling me a pumper....LOL
and I'm like, What's a pumper dude?
I am a guy sitting in my office after catering to customers from Mexico all day. I sell equipment to the Steel Industry. This year I finally got the guts to 'try stocks' for real.
I put my TaX Return, and $ from the only other stock I bought VALM Valmont Industries, (a customer) in 1998.
I have less than $4K in 16 positions. if I am a P&D man, I am REALLY BAD AT IT!
Posted by Egg Inspector on :
quote:Originally posted by bond006: Trade04 to answer your question in the original thread part of the dd was an answer to that question 2/3 fo all Nigerians can afford it. The Govnerment will make it available to all Gov. employees as a beni and they will make sure the remaining poor are covered they will be getting a 7.5% share in the revs which the Gov. figures show will be aprx 150 million a year
Thanks Bond.....
see I told'ya I was a newB!
Posted by bond006 on :
I am about ready to pack it in hear to I have deliverd straight dd anserwed question and share my information with all i really don't think you guys know what you are setting on . My advice to you is do you own dd all you ever had to do on the other thread was go to the first three pages .
The simple fact of life is stocks go up and they go down if you are a flipper you can make money I am not because it does not work for me Purl is a good flipper and you can make money with her. You have just have to live with all the rest and it was too much for most of you and me two maybe we shoul start two different threads Purl why don't you start another thread for the people of your personality type and this one can go back to what it once was
[ July 10, 2006, 18:19: Message edited by: bond006 ]
Posted by Egg Inspector on :
quote:employees as a beni and they will make sure the remaining poor are covered they will be getting a 7.5% share in the revs which the Gov. figures show will be aprx 150 million a year
I had to read this 3 times before I understood it......................LOL
Posted by Egg Inspector on :
quote:Originally posted by shomethamoney: Friends that are on here. I will post back in a week or two. This board has become the wastleand of deadbeat bashers who can't find DD to prove anything. These GALS and GUYS couldn't find their dinner dish if they needed to. Sas you have me quoted. I talk to you soon. Do your own DD and make your money. Profits will come. Remember that there is always bashers when you are doing something good.
fare the well Showme
Posted by bond006 on :
I am sorry egg I am on my meds now and not explaining myself as good as I should
Posted by trade04 on :
what would be a nice is a pr with research results...
Posted by Egg Inspector on :
quote:Originally posted by bond006: I am about ready to pack it in hear to I have deliverd straight dd anserwed question and share my information with all i really don't think you guys know what you are setting on . My advice to you is do you own dd all you ever had to do on the other thread was go to the first three pages .
The simple fact of life is stocks go up and they go down if you are a flipper you can make money I am not because it does not work for me Purl is a good flipper and you can make money with her. You have3 just have to live with allthe rest and it was too much for most of you and me two maybe we shoul start two different threads Purl why don't you start another thread for the people of your personality type and this one can go back to what it once was
bond....lets hang in....don't let the frowners get you downer....
let'em "hide in the bushes and watch", as I say.
we believe we have a good product, with a market. IMHO if it works, we will make money$. we have DD'd to the point of contentment with our decision. I wanna hang out together to see what happens.
DON'T LET'EM BRAKE US DOWN MAN!.....LOL
Posted by Egg Inspector on :
quote:Originally posted by bond006: I am sorry egg I am on my meds now and not explaining myself as good as I should
I just wanted to hear what you had to say...I was very much in agreement Posted by bond006 on :
You got it egg sorry I just remember all the good dd everybody shared and we looked out for each ther I will stay and share anything I find out sorry for acting childish
Posted by phone_man on :
Yeah Bond do it for the newbies like me Posted by Egg Inspector on :
quote:Originally posted by trade04: what would be a nice is a pr with research results...
I like it Trade, I like it...
But I really believe what I am saying. It's not just to combat bashers... this stock, has gone beyond the 'excitement' phase, I believe. there may be one more Momo run in it, it will give all the disgruntled, but decent folk here a chance to bow out gracefully. then, the big $ come with results.
JO Eggs HO
Posted by phone_man on :
I wish I could have gotten into this in the .02-.03 range but had to settle for .065.
Posted by Egg Inspector on :
quote:Originally posted by bond006: You got it egg sorry I just remember all the good dd everybody shared and we looked out for each ther I will stay and share anything I find out sorry for acting childish
it's cool. not childish at all.. this is REALLY frustrating! Sometimes it takes all I have just to 'NOT respond....
know what I mean?
Posted by phone_man on :
This stock is so unpredictable. It could shoot through the roof and immediately start coming back down. It is going to be hard to determine a good bow out point.
Posted by phone_man on :
Egg- Any predictions for tomorrow ?
Posted by Egg Inspector on :
hey folks...I'm gonna go home. I'll be on later tonight. I need to get home, you know?
if I don't see'ya till tomorrow.
good night, good luck, and good news tomorrow.
Posted by Egg Inspector on :
quote:Originally posted by phone_man: Egg- Any predictions for tomorrow ?
BTW phone...excellent DD finding those pictures of the Pres. and Pandy
let me sleep on 'tomorrow'. right now, my gut reaction, is a non-reaction... it has basically pulled back .01 per day for 3 days. if it would have come up today, it would have held a 'longer range pattern of upsurge'. today, unfortunately, broke that pattern.
(it was in old thread, the whole pattern thing, sorry)
Posted by phone_man on :
goodnight Egg and I hope you get a good night's sleep.
Posted by Egg Inspector on :
see'ya in a bit.
Posted by 10 on :
quote:Originally posted by Stock:
quote:Originally posted by Egg Inspector:
quote:Originally posted by Stock: next run the end of this day, the end of this week, the end of the month...Steve Burg, Barbara, Steve Burg, the 14th... PR, Pandey, Nicosan... There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
LOL......language....be careful LMAO
i assume we are men here, thats how men talk
Um..hello..??? Ah eff it...no one listens any ways! LOL... Some men get offended..at that language...I mean people...
Posted by Dynamite on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by Dynamite:
quote:Originally posted by Stock: if no .10 tomorrow ( most of you say its a lot...) but supposedly this PR is going to "bring" xkem to its level...if by tomorrow this doenst happend, i think this thread should just be closed for the sake of cutting people's losses...this stock is pathetic at where it became from where we thought it would...a total sh1tter. 9:31am if below .08 BYEBYE xechem
I sort of agree, I've been with this stock since .028, so I'm still waiting. But hopefully tomorrows news, will bring it back up. what do you guys think?
Dynamite, I know a lot don't want to hear it, cause the general rule of thumb is 'pennys are not investments', but this is a play, in this newB's humble opinion, was always going to take months to come through, if not a year. Once people are talking of how NICOSAN has changed there lives, and revenues get reported, then there will be $$ to speak of. I have another ADVR, is the same way. CDRM also. Medical drug, or procedure, or equipment plays take time. I have been told this by much wiser players than me.
so that is what this Egg thinks.
Thanks Egg, its hard to think of this as a long term investment while looking at the number of buyers and sellers this stock has everyday. Posted by Blue Marlin on :
quote:Originally posted by glassman: [QUOTE]Originally posted by Blue Marlin: Egg, as an egg inspector do you know what a rotten egg looks like? I sure hope so, cause me doesn't want to eat the thing if you goof up!
Which would leave you with egg all over your face..
hey it depends on where and what type the eggs are doesn't it? [/QUOTe -------------------------------------------------
Heard about eating rotten turtle eggs, right from the beach...But I think the people were starving..
Hey your asking the "which came first" question..
Didn't ya know the answer is one of the which's..
Posted by dollar13 on :
i wonder when that happen. 0.495 HOD??
Posted by E440 on :
quote:Originally posted by dollar13: i wonder when that happen. 0.495 HOD??
That happened around 11:00 am. It was nice though when my e-trade account grew by 200K$!
I nearly fell out of my chair!
Time for dinner.
Posted by E440 on :
quote:There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
He must have been in the kitchen with those twins from Austin Powers!
Fook u and Fook me!
Posted by freddy79 on :
quote:Originally posted by E440:
quote:There is a diffrence between taking the heat in the kitchen and getting the fuk out the kitchen because its burning
He must have been in the kitchen with those twins from Austin Powers!
Fook u and Fook me!
That was one hilarious scene Posted by Egg Inspector on :
quote:Originally posted by E440:
quote:Originally posted by dollar13: i wonder when that happen. 0.495 HOD??
That happened around 11:00 am. It was nice though when my e-trade account grew by 200K$!
I nearly fell out of my chair!
Time for dinner.
you gotta explain the "grew by 200K$! thing!
Posted by dollar13 on :
seem to me like some one bought at 0.495 instead 0.0495 probably a MM. LOL
Posted by E440 on :
you gotta explain the "grew by 200K$! thing!
400k shares x .03 = 12,000 (rounded off) Price before the fat finger: .05 x 400K =20,000 Fat finger .5 (rounded off) x 400k = $200K
I was rounding off.
Or did you mean the dyslexia with the $ at the end?! Posted by Egg Inspector on :
Home Run Derby...from PNC Park!
Pittsburgh, PA JACK!
BBS
Posted by money 76 on :
Nigeria's Foreign Economic Partnerships Fruitful– Obasanjo From Onyebuchi Ezigbo in Abuja, 07.10.2006
Add To Favorites Print This Article Post Comment President Olusegun Obasanjo has given positive appraisal of the country's economic and business partnership engagements with other world economies, saying the nation has recorded immense successes from such foreign deals in the area of sustainable development projects. Speaking during the launching of a multi-purpose high-tech Gamma Irradiation facility and Nicosan drug for sickle cell patients in Abuja, the President said, "it is important to acknowledge that our administration's policy to partner with worthy foreign industrialists for sustainable development of our country is recording successes". Against the background of several in-roads recorded by the country such as the one with launching of the first-ever curative drug for treatment of sickle cell developed through synergy with United States-based company, Xechem Pharmaceuticals, Obasanjo affirmed that international public private partnership (IPPP) is a sign-post for "positive global economic interactions". The President said one of the administration's economic policy strategy has been to also tap from the expertise and technological prowess of Nigerian professionals in the Diaspora. "Our goal has always been to ensure that we keep in touch with them to ensure that they are sensitized to be patriotically and positively disposed towards availing us their varied expertise when called upon to do so. It is my understanding that the process leading to the production of the drug 'NICOSAN' which is an efficacious phytomedicine for the management of sickle cell disease has benefited from this engagement", he said.
He acknowledged the critical roles of Nigerian scientists from the National Institute for Pharmaceutical Research and Development (NIPRD), Nigerians in Diaspora, especially Prof. Soji Adelaja, former Executive Dean at Rutgers University, Dr. Ramesh Pandey, chairman and Chief Executive of Xechem International and Minister of Science and Technology, Prof. Turner Isoun whom he said had worked against all odds to build the linkages and networks that made the discovery and development of the sickle cell drug possible. Through similar partnership with a Chinese firm, Nigeria was able to lunch her first-ever Earth-Observation -Satellite (NigeriaSat-1) and most of the critical infrastructural developments taking place the country's power, transport and petroleum sectors are also being driven under such bilateral economic partnership agreements. Commenting on the efforts at transforming the country technologically, the President described the steps being taken to restructure the country's science, technology and innovation system with assistance of UNESCO as part of the reform strides of the administration aimed at making the sector more proactive to national needs and to enhance efficiency in service delivery. He said the "re-engineering of the science and technology sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve a national economy that is technology-driven, private sector-led and knowledge-based".
check out this link ....... wowhttp://www.thisdayonline.com/nview.php?id=52708
Posted by money 76 on :
this article is one year old. it demonstrates to me that the facility in abuja has been constructed with a great deal of xechem's input, and with a look towards FDA compliant standards for drug production and clinical trials. i'd say this puts worldwide sales of nicosan squarely in our sights, and may also be a huge benefit for FDA compliant trials of 5-HMF. here's one instance where an article that is a year old can be a lot more bullish than a brand new one.... this means we're ahead of the curve for international sales, because pandey was already planning on it. key text is in bold:
…As pharmaceutical companies risk sanction over GMP
The Punch Published: July 13 2005 Posted: July 13 2005
By Ibanga Isine
Any pharmaceutical company in the country that does not comply with current Good Manufacturing Practices in the production of drugs may soon face severe sanctions from regulatory agencies. The Minister of state for Health, Princess Olufunke Adedoyin, and the Director-General, National Institute for Pharmaceutical Research and Development, Dr. Ufford Inyang, said this in Abuja on Monday.
They spoke during the opening of a training programme on Good Manufacturing Practices for Pharmaceuticals and the Management of Clinical Trials organized by NIPRID in collaboration with Howard University of Pharmacy, Washington DC and Xechem Incorporated, both from United States.
They stressed the need for pharmaceutical and clinical research experts in the country to update their knowledge and skills in various stages of production of pharmaceutical products especially in the production, anti-retroviral drugs and artemisinin for malaria.
Adedoyin expressed gratitude to the Howard University and Xechem Incorporated for partnering with NIPRD to ensure that drug production in the country met the required international GMP. She disclosed that Xechem was currently building a local pharmaceutical manufacturing plant in Abuja for the production of NICOSAN, a drug for the management of sickle cell anaemia.
She said, “The manufacturing plant when complete will be GMP compliant and a United States Food and Drugs Administration approved facility.” Ufford advised pharmaceutical companies in the country to take advantage of the training programme to learn production of HIV/AIDS drugs.
He decried a situation in which clinical trials were not given appropriate attention by institutions offering pharmaceutical courses in the country, adding that the situation could prevent chances locally produced drugs from meeting international standard.
The President of Xechem Inc., Ramesh Pandey, said if pharmaceutical companies in Nigeria would compete with others at the international markets, they must comply with global guideline on drug manufacturing and clinical trials. He expressed thanked to the management of NAPRD and the Federal Ministry of Health for providing an enabling environment for drug development and manufacturing in Nigeria.
Source: The Punch, July 13, 2005 Pg: 44, BY: Ibanga Isine
Posted by 10 on :
Good find Bond...perhaps a good sign!
Posted by bond006 on :
Well this has been another tough day and i look at the tape we did not close strong. I think we are at a bottom or close if we test the .3's God forbbid it might be a collapse. I am not scared because the company now is stronger now and better than it ever has been. But I don't feel good either I look at my etrade account and I want to puke. But selling now IMHO is sellig at the bottom or close to it. I also think the mms can smell fear and they are not helping a bit. Lets all hope we can get a bounce tomarroow and get the momo going up again.
Posted by Peaser on :
quote:Originally posted by bond006: The pr that is supposed to come out has a lot to say that what people are talking about. i don't know but if it something that could have been said last thursday I wish they would have done it then and have kept the momo going
Some things that I am looking for in the next few PR's:
Expense of Drug to Patients Estimated Revenues How much they can currently produce Additional Loan Approval
Posted by trade04 on :
peaser what i fear is that they see how much volume has gone into xkem and have already decided that a registration of shares would raise them the loan, instead of paying it off themselves
Posted by T e x on :
quote:Originally posted by bond006: Well this has been another tough day and i look at the tape we did not close strong. I think we are at a bottom or close if we test the .3's God forbbid it might be a collapse. I am not scared because the company now is stronger now and better than it ever has been. But I don't feel good either I look at my etrade account and I want to puke. But selling now IMHO is sellig at the bottom or close to it. I also think the mms can smell fear and they are not helping a bit. Lets all hope we can get a bounce tomarroow and get the momo going up again.
yup, close below 3s will be hard to overcome...a bounce off 32-35 is not out of the question, strictly TA junk... does *not* address PRs, financials, etc...
Posted by cassity on :
All this red, must mean a little green around the corner, I hope. Glad to see things back to where it should be. Have a good night everyone, and I hope for the best to all who have hung in there.
Posted by Redwinger on :
It's been a depressing few days with Xechem. Not sure what a PR will do to this thing, seeing that a PR started this dowfall, heck maybe it will do the opposite of what happened last week.
Hopeful wishing, I know... but as I have said b4 I am in this for the long haul.
Red
Posted by cassity on :
I hope we get a PR, and it is 10 times what we could have expected. I think this company is legit and has a prosperous future, people just need to read it in a PR, I guess.
Posted by 10of13 on :
quote:Originally posted by cassity: I hope we get a PR, and it is 10 times what we could have expected. I think this company is legit and has a prosperous future, people just need to read it in a PR, I guess.
Cassity...I agree..but with the way things have gone the past week...it will take a while for anyone to get the "faith" back...and that may be the biggest problem...which is sad...
Posted by E440 on :
quote:Originally posted by cassity: I hope we get a PR, and it is 10 times what we could have expected. I think this company is legit and has a prosperous future, people just need to read it in a PR, I guess.
Cassity...I agree..but with the way things have gone the past week...it will take a while for anyone to get the "faith" back...and that may be the biggest problem...which is sad...
Well maybe tomorrow will be a faith-booster!
Posted by 10of13 on :
Fingers crossed...!!!! Lookin' forward to the mornin'...do or die!!! (I would really prefer it do... )
Posted by cassity on :
Hey 10 of 13 do you keep changing your name. What happened to AMSWAP?
Posted by 10of13 on :
Yes...just playing games...long story...
I am assuming that he is just busy or tired of all the "stuff" that was going on....it got pretty crappy for a while...but hoefully after tomorrow..all will be fine...regardless of which way this turns...
Posted by T e x on :
10 of 13 is now "Mary Poppins"
Amswap has been revealed as "E-bay"
Blue who was formerly Purl is now Dusty.
Barracuda, who was formerly Dusty, is now Glasslure....
Glassman who was formerly GlassyEyedBozo is now Dancing-with-Diamonds-in-Dirt
This is Leo, most recently "L," posing as Tex, who is now T
*programs available at front gate*
Posted by cassity on :
Well the way my account has been lately, just call me jack, short for JACKAzz! Posted by 10of13 on :
LOL..what a great show! People are really going to be screwed up..no one will know whose picks to "follow"... Posted by 10of13 on :
quote:Originally posted by cassity: Well the way my account has been lately, just call me jack, short for JACKAzz!
I thought that was taken.... Posted by T e x on :
is now simply " J "
monky fought HARD for the full title...
Posted by Purl Gurl on :
With a few moments of thought, readers will quickly release this rumored news will be nothing substantial, most likely more fluff with lots of grandiose wording.
There are no sales, no revenues. The company is insolvent. No cash, loans beyond recovery.
What can this company announce which would be of a substantial nature? Nada.
Only news of a positive financial nature will have an effect; revenue generation, payment of loans, share buyback, dividends. Quite impossible for an insolvent company to announce anything of that nature.
This one "should" trade, majority volume, in the range of .045 to .049 tomorrow.
Only substantial news will up trend share price.
Fluff news might spur a brief rally as the gullible buy in or are fooled into buying.
Annoying grandiose fluff news might drive prices into a faster down trend.
I do not expect anything of worth.
Readers only need to think for a few moments on this to realize what is possible, and not.
Dr. Anumpa Chukushpa PhD MA BA FAI Choctaw Nation
Posted by cassity on :
Purl, do think this company has any potential in the long-haul? Not DECEIT, just a question. Thank you.
Posted by mnvestor on :
Purl, thanks for the heads-up, but I am looking for a good PR, since you dont expect anything of value/importance that is better for those of us who do, one less flipper to worry about... P.S> prove their loans are beyond recovery, I laughed on that one.
Posted by Egg Inspector on :
hats off to Money and Bond...great posts above.
starting off with a bang Money Posted by Purl Gurl on :
"do think this company has any potential in the long-haul?"
No, this company has virtually no potential. This is a flipper, only.
"prove their loans are beyond recovery"
No, you prove this company can recover from bankruptcy level debt.
Dr. Sheki Kolofa PhD MA BA FAI Choctaw Nation
Posted by Egg Inspector on :
quote:Originally posted by mnvestor: Purl, thanks for the heads-up, but I am looking for a good PR, since you dont expect anything of value/importance that is better for those of us who do, one less flipper to worry about... P.S> prove their loans are beyond recovery, I laughed on that one.
LOL.......... Mn
Posted by cassity on :
quote:Originally posted by Purl Gurl: "do think this company has any potential in the long-haul?"
No, this company has virtually no potential. This is a flipper, only.
"prove their loans are beyond recovery"
No, you prove this company can recover from bankruptcy level debt.
Dr. Sheki Kolofa PhD MA BA FAI Choctaw Nation
Thank you for your opinion. GLTY
Posted by Purl Gurl on :
Cassity, there is no worthwhile potential for revenue in Nigeria. Almost all of the Sickle Cell victims cannot afford to buy this company product, in Nigeria.
Nigeria is rated the number two most corrupt country in the world. Bangladesh, I think, is number one. The Nigerian government could not be more corrupt.
One of the highest concentrations of poverty level peoples, are Nigerian.
Average life span is very low.
For XKEM to be successful in the long run, this company must generate substantial revenue. This will not happen in Nigeria.
Around the world, highly unlikely enough revenue will be generated to be of use. A large majority of Sickle Cell victims live in a state of poverty and their numbers are few; ten million estimate.
Those who are affluent, will seek professional level medical treatment in Western countries. These affluent people number very little, a rough guess might be a million of them.
Simply stated, there is not a viable base of revenue generation. XKEM might generate some revenues in two years, in five years, but this revenue will never be enough to amortize debt much less generate reportable profit. XKEM is too far in debt to recover.
I see nothing but red flags everywhere.
Some issues arise. Nigeria is completely corrupt; a gang of thugs. This give-away of XKEM product of late, is unethical, is immoral. Reasons for this is there have been no Phase III clinical trials to test if this product is effective over time, to test if this product is safe, to test if this product will exhibit harmful long term side-effects.
I am certain you are too young to remember a drug known as "thalidomide."
This pr stunt of giving this product to children is abhorrent. Pandey is using those children as a stunt to sell shares, and he is using those children as guinea pigs; he does not know what will be long term effects of his product. This is my personal opinion on this pr stunt.
Simple math will disclose the financial potential of this company. Outlook is very bleak.
My suggestion is to flip only while carefully protecting your capital until all of this pans out into something realistic and measurable.
I would not hold XKEM for more than one day.
Dr. Nashoba Holba PhD MA BA FAI Choctaw Nation
Posted by Egg Inspector on :
I didn't see this posted.
you need to register to access this news service. I am a member
this is old also, but is posted to show that this medicine is in the pipeline of European Meds on the approval track. also to see it side by side with other meds in the 'orphan' stage.
International Approvals International Approvals: Nicosan/Hemoxin, Vigil, IPM Wound Gel
Yael Waknine
Yael Waknine
Oct. 25, 2005 — The European Medicine Evaluation Agency has approved orphan drug status for the phytomedicine niprisan in the treatment of sickle cell disease; Germany's Federal Institute for Drugs and Devices has approved modafinil tablets for the treatment of moderate to severe chronic shift work sleep disorder; and Costa Rica's Ministry of Health has approved a hyaluronic acid–based gel for the management of exuding or debrided wounds.
I am trying to access full article for copy here....Egg Posted by repsag on :
"Simple math will disclose the financial potential of this company. Outlook is very bleak."
Readers cannot calculate with any precision but rather can only rough estimate. There are no statistics available which disclose detailed financial condition of those who are Sickle Cell victims in Nigeria, other than an assumption they are extremely poor.
XKEM states four-million Sickle Cell victims.
Based on children per family, a rough guess is half of those four-million are children and not a source of revenue.
Currently, average is six children per family. If readers assume all of those parents can afford to buy the product, there will be roughly three-hundred-thirty-thousand parents who would purchase. Still, readers have to factor a percentage of those parents one or both might or will also be SCD victims suggesting very low income or no income.
Being very generous add the parent set to the remaining adult victims,
333,333 2,000,000
About 2.3 million, give or take whatever.
Should readers rough guesstimate how many of those people can afford the product, then numbers drop below a million. This is roughed out knowing average per capita income is about $650 per year; cannot afford the product.
I am being very generous. Assume XKEM does have one-million paying customers in Nigeria.
How much gross revenue will be generated?
How much will be costs of sells?
How much will be paid to the Nigerian government?
Upon realistic consideration, factoring in most are in remote areas unable to travel to retail outlets, many are under-employed or unemployed, tossing in all these socio-economic factors, it is impossible for XKEM to generate enough revenue, in Nigeria, to keep up with costs and amortize XKEM extreme debt.
Only solution to barely keep this company alive is heavy dilution, which is happening.
Again, realistic analysis of a revenue base points to very low gross revenue countered by very high costs and debt.
I, personally, am unable to develop any viable senario which suggests this company will become a viable worthwhile company, in the long run.
not number two here either???
Posted by my_2_cents on :
Hi all,
IMHO, there are many of us who are sitting on the sidelines licking our wounds, totally caught off guard by what happenned last week and re-evaluating the market forces involved here. Some of us are new to the cut-throat tactics and manuevers by entities seen and unseen.
Most of us have moved to Missouri, the 'Show Me State'. We still believe there is great potential here and that things are progressing over in Nigeria as the planned startup progresses. We are wary that something similar to 'July 5th' can happen again so are waiting to see real growth in production, sales, profits, etc., etc.
I do believe that XKEM will be back STRONG, but until this company is built up and able to flex it's muscles, it may start to slide sideways for awhile, from what level I don't have any idea. We are keeping a sharp eye on XKEM because we know that they have a great product. The next step is execution, how well they are able to create revenue and profit.
Hang in there, this may not be as easy as we had hoped for, but maybe down the road a ways the clouds will roll away.
Orphan Drug Niprisan (Nicosan/Hemoxin) for Sickle Cell Disease in EU
On Oct. 4, the European Medicine Evaluation Agency (EMEA) approved orphan drug status for the phytomedicine niprisan (Nicosan/Hemoxin, made by Xechem International, Inc.) for the treatment of sickle cell disease (SCD).
Niprisan is an ethanol/water extract of Piper guineenses seeds, Pterocapus osum stem, Eugenia caryophyllum fruit, and Sorghum bicolor leaves.
The approval was based in part on data from a phase 2b, placebo-controlled, double-blind crossover study in 82 Nigerian patients. The data showed that treatment with niprisan significantly reduced the frequency of SCD crises associated with severe pain during a six-month period (P < .01). Moreover, 73% of patients achieved complete remission. ------------------------------------------------- PLEASE NOTE THE FOLLOWING FROM ABOVE: Moreover, 73% of patients achieved complete remission. -------------------------------------------------
Niprisan did not appear to cause acute hepatic toxicity, as assessed by liver enzyme activity; evaluation of serum creatinine and blood urea nitrogen levels suggested that renal function also remained normal. No serious adverse events were reported.
Niprisan (Hemoxin) was previously granted orphan drug status for this indication by the U.S. Food and Drug Administration in August 2003.
Posted by repsag on :
Nice post Egg!
Posted by Egg Inspector on :
I don't get this...you guys ever have trouble posting because of HTML incompatibility??
DD is hard enough to come by...phew!
on the side I notice "HTML is not enabled"
can it be enabled??
Posted by repsag on :
Post by Purl Gurl
Nigeria is rated the number two most corrupt country in the world. Bangladesh, I think, is number one. The Nigerian government could not be more corrupt
Link Please
Posted by Purl Gurl on :
Rather than dictate what readers are to believe, a pump and dump tactic, allow readers to discover truth on their own,
The level of pump and dump activities in this thread is disgusting; no meaningful discussion, almost all pump & dump fraud.
Coyote
Posted by Egg Inspector on :
quote:Post by Purl Gurl
Nigeria is rated the number two most corrupt country in the world. Bangladesh, I think, is number one. The Nigerian government could not be more corrupt
Link Please
might be nice if PEOPLE would do some DD before they post absolutes ......Egg
just scroll back.........pg.2 of thread
quote:Originally posted by Egg Inspector: Nigeria removed from international finance blacklist, President Obasanjo elated Jun 23, 2006, 13:40
President Olusegun Obasanjo has expressed his elation at the announcement of Nigeria’s removal from the International Financial Task Force’s (FATF) list of Non-Cooperating Countries and Territories.
Welcoming the announcement by the FATF in Paris on the morning of June 23, President Obasanjo said that Nigeria’s de-listing would, together with the ending of its indebtedness to the Paris Club, the BB Minus rating of its long-term credit status and other positives economic indices, help to attract greater foreign investment to the country.
He also noted that with the de-listing of the country by the FATF, Nigerians would now find it easier to transact business with foreign partners, as existing restrictions on their ability to engage in financial transactions outside the country will be removed.
President Obasanjo commended members of the Inter-Agency Committee who crafted the National Anti-Money Laundering Strategy and worked with the FAFT to ensure that Nigeria met its criteria for removal from its list of non-cooperating countries. He also praised the National Assembly for passing the required legislation.
Nigeria was placed on the FATF list of non-cooperating countries in July 2001, having been adjudged to be in substantial non-compliance with a set of 25 criteria including weak anti-money-laundering legislation, inadequate regulation and supervision of the financial sub-sector and the absence of a Financial Intelligence Unit for the receipt and analyses of reports of suspicious transactions from financial institutions.
The country’s de-listing by the FATF today (June 23) is in recognition of the significant progress which the Obasanjo Administration has made in sanitizing the country’s financial sector and implementing the National Strategy Against Money Laundering and Combating the Financing of Terrorism.
With today’s delisting by the FATF, Nigeria is now free of encumbrances that have the capacity to stifle the inflow of investment and economic growth.
Related stories
New Presidential Panel to improve business in Nigeria set up
Nigeria promotes African Investment Bank
Nigeria gets N4.4 billion SME Credit
Posted by Purl Gurl on :
Rather than dictate what readers are to believe, a pump and dump tactic, allow readers to discover truth on their own....
Coyote
Posted by repsag on :
Rather than dictate what readers are to believe, a PhD-Ma-Ba-millionaire-coyote, allow people to discover the truth on their own...
Posted by Egg Inspector on :
DD would be nice prior to smearing....
I'll try to get a more recent article.
please scroll down to see list. in no particular order. Nigeria is in top 10, but improving A YEAR AGO.
1:04 p.m. October 18, 2005 LONDON – Bangladesh and Chad were ranked most corrupt on a global watchdog group's annual list of corruption levels in 159 nations, released Tuesday. At the other end of the scale, Iceland was ranked least corrupt. Corruption undermines efforts to eradicate poverty, with graft by public officials hampering attempts to raise the living standards of the poor, Transparency International said.
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"Corruption must be vigorously addressed if aid is to make a real difference in freeing people from poverty," said Peter Eigen, chairman of the Berlin-based group. To form its annual corruption index, Transparency International asked businessmen, academics and public officials about how countries they live in or do business with are perceived.
On a scale of one to 10, Bangladesh and Chad both scored 1.7, meaning that graft is perceived as being rampant. The least corrupt country, Iceland, scored 9.7.
Corruption is a widespread problem in Chad, but difficult to detect in a nation where most civil servants and judicial workers are paid low – and often delayed – salaries.
Human rights organizations and civic groups in Chad say corruption is most widespread in the customs and tax enforcement services, the judiciary and the government procurement office. Legal clerks are known to obstruct procedures to elicit bribes. Tax and customs officials sometimes facilitate tax evasion only to return later to pursue the crimes they facilitated.
There is a perception that most graft goes unpunished in the African country, despite a February 2000 anti-corruption law that spells out penalties. Bribery, for example, is included, but there is no known case of anyone having been prosecuted since the law was enacted.
In Bangladesh, government agencies siphoned off a reported $68 million through corruption last year, with the communications sector the worst offender, the group said.
Government officials and senior bureaucrats were blamed in 72 percent of the cases involving misuse of public funds in the South Asian nation. In terms of bribes and misuse of power, the police department was responsible for nearly 17 percent of money lost, the report said.
Minister for Communications Nazmul Huda dismissed the report, saying "it's not based on truth."
Transparency International chief executive David Nussbaum said many developing countries need reforms in the public sector to ensure that U.N. aid reaches poverty-stricken populations. The United Nations has a goal of halving extreme poverty by 2015.
"Corruption isn't a natural disaster: it is the cold, calculated theft of opportunity from the men, women and children who are least able to protect themselves," he said in a statement. "Leaders must go beyond lip service and make good on their promises to provide the commitment and resources to improve governance, transparency and accountability." Turkmenistan, Myanmar, Haiti, Nigeria, Equatorial Guinea, the Ivory Coast and Angola joined Chad and Bangladesh as the most corrupt countries, the report said.
After Iceland, the least corrupt were Finland, New Zealand, Denmark, Singapore, Sweden, Switzerland, Norway, Australia and Austria. The United States was ranked 17th. ---------------------------------------------------worsening The watchdog said worsening of corruption levels from last year's survey were recorded in Costa Rica, Gabon, Nepal, Papua New Guinea, Russia, Seychelles, Sri Lanka, Suriname, Trinidad and Tobago and Uruguay. ------------------------------------------------------improving
Improvements were found in Estonia, France, Hong Kong, Japan, Jordan, Kazakhstan, Nigeria, Qatar, Taiwan and Turkey.
Many of the 10 countries that joined the European Union in May 2004 and those involved in the EU accession process have also shown improvements in fighting corruption, indicating sweeping reforms and a new emphasis on making public institutions more accountable, the group said.
Posted by Egg Inspector on :
---------------------------------------------------------Below - Haiti and Bangladesh, most corrupt - most recent I could find
THE POINT IS: WHERE DO YOU DO YOUR DD?? or don't you DD at all?
Islamabad, Oct 21 (ANI): Pakistan has been listed among the top 15 corrupt countries of the world, according to a report released by Transparency International (TI), a body scrutinizing and evaluating corruption standards globally.
According to the report, Pakistan, which was rated as the 80th transparent country last year, but has now moved to the 129th with Cameroon, Iraq and Kenya also falling in the same category.
Finland tops the list with minimal degree of corruption, while Haiti and Bangladesh were rated as the most corrupt countries. India occupied the 90th position in the ratings. (ANI) -
Posted by my_2_cents on :
Nigeria: IFC Ranks Nigeria 94th in Economic Potentials
This Day (Lagos)
June 22, 2006 Posted to the web June 22, 2006
Josephine Lohor Abuja
The International Finance Corporation (IFC), which is the world's largest multi-lateral source of finance for projects in developing countries and a private sector arm of the World Bank, has ranked Nigeria the 94th out of 155 countries in the world in terms of doing business, just as New Zealand got the first position, Singapore second, United States of America third, Canada forth, Norway fifth, South Africa twenty-eighth, Korea twenty-seventh and China, that is the world's emerging economic power came 91st.
The Minister of Information and National Orientation, Frank Nweke, who disclosed this yesterday after the weekly Federal Executive Council (FEC) meeting, however noted that looking at it in the context of emerging economies amongst which Nigeria is usually rated like Thailand, Malaysia, Mauritius, Korea, South Africa, Pakistan, Kenya, India, Indonesia amongst others, "you will see that yes, it may not be too good, but it is really not too bad".
Nweke also disclosed that by 2010 Nigeria should be in the 30th position out of the 155 countries being rated, added that " if you look at (the ratings) in the context of the fact that you are looking at countries such as Brazil, India and China, and consider where we are coming from, you will see that this a quantum achievement. This is quantum leap".
The Minister who added that Indonesia comes after Nigeria with the 115th position in the ratings that involved 10 indicators that are starting businesses, hiring and firing workers, enforcing contracts, obtaining licences, protecting investors, getting credit, paying taxes, facilitating international trade, registering businesses and closing business, also disclosed that the IFC, in its report titled "Doing Business: 2006 Report", also ranked Indonesia 115, India 116, Venezuela 120, Egypt 141, Russia 79, Korea 27, amongst others.
Giving a summary of the ranking, Nweke stated that "out of this 155 countries, Nigeria was ranked as follows: hiring and firing of workers 27th, getting credit 38th, closing a business 61th, protecting investors 42th, paying taxes 91th, starting a business 105th, dealing with licences 117th, enforcing contracts 119th, facilitating international trade 139th.
The aggregate of all of this puts Nigeria at 94th position out of 155 countries".
Posted by repsag on :
Good posts Egg..
It is easy to find an opinion or expert that fits your criteria, doesn't matter which side your on. And don't forget, there are three sides to every story, theirs, yours, and the truth.
I am long XKEM, 46,500 shares!!!!!!!!!!!!
Posted by Egg Inspector on :
this may have been a possible source. from 2001. note Nigeria, 5 YEARS AGO was 2nd to last
Thursday, 28 June, 2001, 13:47 GMT 14:47 UK Corruption list
The Corruption Perceptions Index (CPI) was published by a non-governmental organisation - Transparency International (TI) - based on a survey of 91 countries.
Rank Country 2001 CPI score 1 Finland 9.9 2 Denmark 9.5 3 New Zealand 9.4 4 Iceland 9.2 Singapore 9.2 6 Sweden 9.0 7 Canada 8.9 8 Netherlands 8.8 9 Luxembourg 8.7 10 Norway 8.6 11 Australia 8.5 12 Switzerland 8.4 13 United Kingdom 8.3 14 Hong Kong 7.9 15 Austria 7.8 16 Israel 7.6 USA 7.6 18 Chile 7.5 Ireland 7.5 20 Germany 7.4 21 Japan 7.1 22 Spain 7.0 23 France 6.7 24 Belgium 6.6 25 Portugal 6.3 26 Botswana 6.0 27 Taiwan 5.9 28 Estonia 5.6 29 Italy 5.5 30 Namibia 5.4 31 Hungary 5.3 Trinidad & Tobago 5.3 Tunisia 5.3 34 Slovenia 5.2 35 Uruguay 5.1 36 Malaysia 5.0 37 Jordan 4.9 38 Lithuania 4.8 South Africa 4.8 40 Costa Rica 4.5 Mauritius 4.5 42 Greece 4.2 South Korea 4.2 44 Peru 4.1 Poland 4.1 46 Brazil 4.0 47 Bulgaria 3.9 Croatia 3.9 Czech Republic 3.9 50 Colombia 3.8 51 Mexico 3.7 Panama 3.7 Slovak Republic 3.7 54 Egypt 3.6 El Salvador 3.6 Turkey 3.6 57 Argentina 3.5 China 3.5 59 Ghana 3.4 Latvia 3.4 61 Malawi 3.2 Thailand 3.2 63 Dominican Rep 3.1 Moldova 3.1 65 Guatemala 2.9 Philippines 2.9 Senegal 2.9 Zimbabwe 2.9 69 Romania 2.8 Venezuela 2.8 71 Honduras 2.7 India 2.7 Kazakhstan 2.7 Uzbekistan 2.7 75 Vietnam 2.6 Zambia 2.6 77 Cote d´Ivoire 2.4 Nicaragua 2.4 79 Ecuador 2.3 Pakistan 2.3 Russia 2.3 82 Tanzania 2.2 83 Ukraine 2.1 84 Azerbaijan 2.0 Bolivia 2.0 Cameroon 2.0 Kenya 2.0 88 Indonesia 1.9 Uganda 1.9 90 Nigeria 1.0 91 Bangladesh 0.4
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28 Jun 01 | World Poor 'the victims of world corruption' Internet links:
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I have listed my source, with the link for all my posts....
please do the same in the future.....Egg Posted by Egg Inspector on :
Next.........
Posted by Purl Gurl on :
Pump & Dump Spam.
Coyote
Posted by repsag on :
You forgot millionare, PhD, Ba, Ma, etc...
And why are patents worthless?
Posted by Egg Inspector on :
I will make this request once more. if your going to talk numbers i.e. -population -number of victims affected -patients whom may live in poverty -income levels -number of children per family -families who have a certain financial ability -people's affluence or lack thereof etc..etc..etc..
please list a reference, link, or source where others can independently verify, or this information is USELESS TO EVERYONE.
Everyone who wants to make an informed decision, that is.
thank you for your cooperation.....Egg
Posted by Egg Inspector on :
quote:"Simple math will disclose the financial potential of this company. Outlook is very bleak."
Readers cannot calculate with any precision but rather can only rough estimate. There are no statistics available which disclose detailed financial condition of those who are Sickle Cell victims in Nigeria, other than an assumption they are extremely poor.
THERE IS LOTS OF INFORMATION ABOUT NIGERIAN VICTIMS: do your own DD and information is everywhere!
THE SICKLE CELL FOUNDATION Nigeria The Foundation The formation of the Sickle Cell Foundation Nigeria was preceded by the formation of Sickle Cell Clubs and the Federation of Sickle Cell Clubs of Nigeria.
About the Foundation
The formation of the Sickle Cell Foundation Nigeria was preceded by the formation of Sickle Cell Clubs and the Federation of Sickle Cell Clubs of Nigeria. The Sickle Cell Clubs are patient/parent support associations, which are inherently unsuited to addressing other important issues in sickle cell disorder control, such as, research and training of health care personnel in a sustained manner. The Sickle Cell Foundation was established to fulfill this important role. It was incorporated as a company limited by guarantee in November 1994 The Foundation is established for charitable purposes only and it is a non-governmental organization dedicated to the proper care and control of sickle cell and other related disorders in Nigeria.
The idea of developing a Sickle Cell Centre in Nigeria was promoted by the Sickle Cell Club Lagos Nigeria. The club is a non governmental non - profit making organization established in 1984 as a patient/parent support group with the primary aim of helping persons who have sickle cell disorder, through proper information, medical and social care, live as normally as possible and of reducing as much as is humanely possible, the incidence of the disorders in our country.
• Mission: To develop a World Class National Sickle Cell Centre that will drive the search for effective solutions to Sickle Cell Disorder.
• Vision: To help evolve a National Policy on Sickle Cell Disorder and Advocate for equitable access for all Nigerians to appropriate health care.
I couldn't copy and paste the whole site. go, look around....LOL Posted by Egg Inspector on :
well here it is. no more unsubstantiated claims about income, Nigerians, Mortality, disease etc.... this has it all.
a few quick facts:
income: GDP - per capita (PPP): $1,400 (2005 est.) -----------------------------------------------------$1,400.00(ABOVE) = 3.8 X THE POVERTY LINE OF $1 PER DAY
$1 A DAY POVERTY LEVEL
POVERTY LEVEL REFERENCE; http://www.avert.org/aids-nigeria.htm *Nigeria is the 5th largest oil producer in the world and oil dominates the economy. The military governments in power between 1966 and 1999 failed to develop the economy in other areas. This, along with economic mismanagement and corruption, has contributed to Nigeria's poor economic performance and rising poverty. There is a highly unequal distribution of wealth in Nigeria with 66% of the population falling below the poverty line of $1 a day. This puts it among the 20 poorest countries in the world.3------------------------------------------------------------------------- ------------------
GDP - composition by sector: agriculture: 26.8% industry: 48.8% services: 24.4% (2005 est.) Labor force: 57.21 million (2005 est.) Labor force - by occupation: agriculture: 70% industry: 10% services: 20% (1999 est.) Unemployment rate: 2.9% (2005 est.)
Population below poverty line: 60% (2000 est.)
Population: 131,859,731 ----------------------------------------------------131,859,731 x .60= approx. 79,115,838 below. that would put 52,743,900 above the poverty line, yes. point being; this is not a country where the entire population is starving, living in squaller. it is there. lets not get caried away and make ABSOLUTE STATEMENTS.
CIA- World Fact Book
Introduction Nigeria Top of Page Background: Following nearly 16 years of military rule, a new constitution was adopted in 1999, and a peaceful transition to civilian government was completed. The president faces the daunting task of reforming a petroleum-based economy, whose revenues have been squandered through corruption and mismanagement, and institutionalizing democracy. In addition, the OBASANJO administration must defuse longstanding ethnic and religious tensions, if it is to build a sound foundation for economic growth and political stability. Although the April 2003 elections were marred by some irregularities, Nigeria is currently experiencing its longest period of civilian rule since independence. Geography Nigeria Top of Page Location: Western Africa, bordering the Gulf of Guinea, between Benin and Cameroon Geographic coordinates: 10 00 N, 8 00 E Map references: Africa Area: total: 923,768 sq km land: 910,768 sq km water: 13,000 sq km Area - comparative: slightly more than twice the size of California Land boundaries: total: 4,047 km border countries: Benin 773 km, Cameroon 1,690 km, Chad 87 km, Niger 1,497 km Coastline: 853 km Maritime claims: territorial sea: 12 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation Climate: varies; equatorial in south, tropical in center, arid in north Terrain: southern lowlands merge into central hills and plateaus; mountains in southeast, plains in north Elevation extremes: lowest point: Atlantic Ocean 0 m highest point: Chappal Waddi 2,419 m Natural resources: natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, zinc, arable land Land use: arable land: 33.02% permanent crops: 3.14% other: 63.84% (2005) Irrigated land: 2,820 sq km (2003) Natural hazards: periodic droughts; flooding Environment - current issues: soil degradation; rapid deforestation; urban air and water pollution; desertification; oil pollution - water, air, and soil; has suffered serious damage from oil spills; loss of arable land; rapid urbanization Environment - international agreements: party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Wetlands signed, but not ratified: none of the selected agreements Geography - note: the Niger enters the country in the northwest and flows southward through tropical rain forests and swamps to its delta in the Gulf of Guinea People Nigeria Top of Page Population: 131,859,731 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2006 est.) Age structure: 0-14 years: 42.3% (male 28,089,017/female 27,665,212) 15-64 years: 54.6% (male 36,644,885/female 35,405,915) 65 years and over: 3.1% (male 1,930,007/female 2,124,695) (2006 est.) Median age: total: 18.7 years male: 18.7 years female: 18.6 years (2006 est.) Population growth rate: 2.38% (2006 est.) Birth rate: 40.43 births/1,000 population (2006 est.) Death rate: 16.94 deaths/1,000 population (2006 est.) Net migration rate: 0.27 migrant(s)/1,000 population (2006 est.) Sex ratio: at birth: 1.03 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 1.04 male(s)/female 65 years and over: 0.91 male(s)/female total population: 1.02 male(s)/female (2006 est.) Infant mortality rate: total: 97.14 deaths/1,000 live births male: 104.05 deaths/1,000 live births female: 90.02 deaths/1,000 live births (2006 est.) Life expectancy at birth: total population: 47.08 years male: 46.52 years female: 47.66 years (2006 est.) Total fertility rate: 5.49 children born/woman (2006 est.) HIV/AIDS - adult prevalence rate: 5.4% (2003 est.) HIV/AIDS - people living with HIV/AIDS: 3.6 million (2003 est.) HIV/AIDS - deaths: 310,000 (2003 est.) Major infectious diseases: degree of risk: very high food or waterborne diseases: bacterial and protozoal diarrhea, hepatitis A, and typhoid fever vectorborne disease: malaria respiratory disease: meningococcal meningitis aerosolized dust or soil contact disease: one of the most highly endemic areas for Lassa fever (2005) Nationality: noun: Nigerian(s) adjective: Nigerian Ethnic groups: Nigeria, Africa's most populous country, is composed of more than 250 ethnic groups; the following are the most populous and politically influential: Hausa and Fulani 29%, Yoruba 21%, Igbo (Ibo) 18%, Ijaw 10%, Kanuri 4%, Ibibio 3.5%, Tiv 2.5% Religions: Muslim 50%, Christian 40%, indigenous beliefs 10% Languages: English (official), Hausa, Yoruba, Igbo (Ibo), Fulani Literacy: definition: age 15 and over can read and write total population: 68% male: 75.7% female: 60.6% (2003 est.) Government Nigeria Top of Page Country name: conventional long form: Federal Republic of Nigeria conventional short form: Nigeria Government type: federal republic Capital: Abuja; note - on 12 December 1991 the capital was officially transferred from Lagos to Abuja; most federal government offices have now moved to Abuja Administrative divisions: 36 states and 1 territory*; Abia, Adamawa, Akwa Ibom, Anambra, Bauchi, Bayelsa, Benue, Borno, Cross River, Delta, Ebonyi, Edo, Ekiti, Enugu, Federal Capital Territory*, Gombe, Imo, Jigawa, Kaduna, Kano, Katsina, Kebbi, Kogi, Kwara, Lagos, Nassarawa, Niger, Ogun, Ondo, Osun, Oyo, Plateau, Rivers, Sokoto, Taraba, Yobe, Zamfara Independence: 1 October 1960 (from UK) National holiday: Independence Day (National Day), 1 October (1960) Constitution: new constitution adopted May 1999 Legal system: based on English common law, Islamic Shariah law (in 12 northern states), and traditional law; accepts compulsory ICJ jurisdiction, with reservations Suffrage: 18 years of age; universal Executive branch: chief of state: President Olusegun OBASANJO (since 29 May 1999); note - the president is both the chief of state and head of government head of government: President Olusegun OBASANJO (since 29 May 1999); note - the president is both the chief of state and head of government cabinet: Federal Executive Council elections: president is elected by popular vote for a four-year term (eligible for a second term); election last held 19 April 2003 (next to be held April 2007) election results: Olusegun OBASANJO elected president; percent of vote - Olusegun OBASANJO (PDP) 61.9%, Muhammadu BUHARI (ANPP) 31.2%, Chukwuemeka Odumegwu OJUKWU (APGA) 3.3%, other 3.6% Legislative branch: bicameral National Assembly consists of Senate (109 seats - 3 from each state plus 1 from Abuja, members elected by popular vote to serve four-year terms) and House of Representatives (360 seats, members elected by popular vote to serve four-year terms) elections: Senate - last held 12 April 2003 (next to be held in 2007); House of Representatives - last held 12 April 2003 (next to be held in 2007) election results: Senate - percent of vote by party - PDP 53.7%, ANPP 27.9%, AD 9.7%; seats by party - PDP 76, ANPP 27, AD 6; House of Representatives - percent of vote by party - PDP 54.5%, ANPP 27.4%, AD 8.8%, other 9.3%; seats by party - PDP 223, ANPP 96, AD 34, other 6; note - one seat is vacant Judicial branch: Supreme Court (judges appointed by the President); Federal Court of Appeal (judges are appointed by the federal government on the advice of the Advisory Judicial Committee) Political parties and leaders: Alliance for Democracy or AD [Mojisoluwa AKINFENWA]; All Nigeria Peoples' Party or ANPP [Don ETIEBET]; All Progressives Grand Alliance or APGA [disputed leadership]; National Democratic Party or NDP [Aliyu Habu FARI]; Peoples Democratic Party or PDP [Dr. Ahmadu ALI]; Peoples Redemption Party or PRP [Abdulkadir Balarabe MUSA]; Peoples Salvation Party or PSP [Lawal MAITURARE]; United Nigeria Peoples Party or UNPP [disputed leadership] Political pressure groups and leaders: NA International organization participation: ACP, AfDB, AU, C, ECOWAS, FAO, G-15, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, MIGA, MINURSO, MONUC, NAM, OAS (observer), OIC, ONUB, OPCW, OPEC, PCA, UN, UNAMSIL, UNCTAD, UNESCO, UNHCR, UNIDO, UNITAR, UNMEE, UNMIL, UNMIS, UNMOVIC, UNOCI, UPU, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO Diplomatic representation in the US: chief of mission: Ambassador Professor George A. OBIOZOR chancery: 3519 International Court NW, Washington, DC 20008 telephone: [1] (202) 986-8400 FAX: [1] (202) 775-1385 consulate(s) general: Atlanta, New York Diplomatic representation from the US: chief of mission: Ambassador John CAMPBELL embassy: 7 Mambilla Drive, Abuja mailing address: P. O. Box 554, Lagos telephone: [234] (9) 523-0916/0906/5857/2235/2205 FAX: [234] (9) 523-0353 Flag description: three equal vertical bands of green (hoist side), white, and green Economy Nigeria Top of Page Economy - overview: Oil-rich Nigeria, long hobbled by political instability, corruption, inadequate infrastructure, and poor macroeconomic management, is undertaking some reforms under a new reform-minded administration. Nigeria's former military rulers failed to diversify the economy away from its overdependence on the capital-intensive oil sector, which provides 20% of GDP, 95% of foreign exchange earnings, and about 65% of budgetary revenues. The largely subsistence agricultural sector has failed to keep up with rapid population growth - Nigeria is Africa's most populous country - and the country, once a large net exporter of food, now must import food. Following the signing of an IMF stand-by agreement in August 2000, Nigeria received a debt-restructuring deal from the Paris Club and a $1 billion credit from the IMF, both contingent on economic reforms. Nigeria pulled out of its IMF program in April 2002, after failing to meet spending and exchange rate targets, making it ineligible for additional debt forgiveness from the Paris Club. In the last year the government has begun showing the political will to implement the market-oriented reforms urged by the IMF, such as to modernize the banking system, to curb inflation by blocking excessive wage demands, and to resolve regional disputes over the distribution of earnings from the oil industry. In 2003, the government began deregulating fuel prices, announced the privatization of the country's four oil refineries, and instituted the National Economic Empowerment Development Strategy, a domestically designed and run program modeled on the IMF's Poverty Reduction and Growth Facility for fiscal and monetary management. GDP rose strongly in 2005, based largely on increased oil exports and high global crude prices. In November 2005, Abuja won Paris Club approval for a historic debt-relief deal that by March 2006 should eliminate $30 billion worth of Nigeria's total $37 billion external debt. The deal first requires that Nigeria repay roughly $12 billion in arrears to its bilateral creditors. Nigeria would then be allowed to buy back its remaining debt stock at a discount. The deal also commits Nigeria to more intensified IMF reviews. GDP (purchasing power parity): $174.1 billion (2005 est.) GDP (official exchange rate): $77.33 billion (2005 est.) GDP - real growth rate: 6.2% (2005 est.) GDP - per capita (PPP): $1,400 (2005 est.) GDP - composition by sector: agriculture: 26.8% industry: 48.8% services: 24.4% (2005 est.) Labor force: 57.21 million (2005 est.) Labor force - by occupation: agriculture: 70% industry: 10% services: 20% (1999 est.) Unemployment rate: 2.9% (2005 est.) Population below poverty line: 60% (2000 est.) Household income or consumption by percentage share: lowest 10%: 1.6% highest 10%: 40.8% (1996-97) Distribution of family income - Gini index: 50.6 (1996-97) Inflation rate (consumer prices): 15.6% (2005 est.) Investment (gross fixed): 23.1% of GDP (2005 est.) Budget: revenues: $12.86 billion expenditures: $13.54 billion; including capital expenditures of $NA (2005 est.) Public debt: 11.2% of GDP (2005 est.) Agriculture - products: cocoa, peanuts, palm oil, corn, rice, sorghum, millet, cassava (tapioca), yams, rubber; cattle, sheep, goats, pigs; timber; fish Industries: crude oil, coal, tin, columbite; palm oil, peanuts, cotton, rubber, wood; hides and skins, textiles, cement and other construction materials, food products, footwear, chemicals, fertilizer, printing, ceramics, steel, small commercial ship construction and repair Industrial production growth rate: 2.4% (2005 est.) Electricity - production: 15.59 billion kWh (2003) Electricity - consumption: 14.46 billion kWh (2003) Electricity - exports: 40 million kWh (2003) Electricity - imports: 0 kWh (2003) Oil - production: 2.451 million bbl/day (2005 est.) Oil - consumption: 310,000 bbl/day (2003 est.) Oil - exports: NA bbl/day Oil - imports: NA bbl/day Oil - proved reserves: 36 billion bbl (2005 est.) Natural gas - production: 19.2 billion cu m (2003 est.) Natural gas - consumption: 7.41 billion cu m (2003 est.) Natural gas - exports: 7.83 billion cu m (2001 est.) Natural gas - imports: 0 cu m (2001 est.) Natural gas - proved reserves: 4.502 trillion cu m (2005) Current account balance: $9.622 billion (2005 est.) Exports: $52.16 billion f.o.b. (2005 est.) Exports - commodities: petroleum and petroleum products 95%, cocoa, rubber Exports - partners: US 46.8%, Brazil 10.5%, Spain 7% (2004) Imports: $25.95 billion f.o.b. (2005 est.) Imports - commodities: machinery, chemicals, transport equipment, manufactured goods, food and live animals Imports - partners: China 9.2%, US 8.2%, UK 7.6%, Netherlands 5.7%, France 5.4%, Germany 4.7% (2004) Reserves of foreign exchange and gold: $30.16 billion (2005 est.) Debt - external: $37.49 billion (2005 est.) Economic aid - recipient: IMF, $250 million (1998) Currency (code): naira (NGN) Exchange rates: nairas per US dollar - 132.59 (2005), 132.89 (2004), 129.22 (2003), 120.58 (2002), 111.23 (2001) Fiscal year: calendar year Communications Nigeria Top of Page Telephones - main lines in use: 1,027,500 (2004) Telephones - mobile cellular: 9,147,200 (2004) Telephone system: general assessment: an inadequate system, further limited by poor maintenance; major expansion is required and a start has been made domestic: intercity traffic is carried by coaxial cable, microwave radio relay, a domestic communications satellite system with 19 earth stations, and a coastal submarine cable; mobile cellular facilities and the Internet are available international: country code - 234; satellite earth stations - 3 Intelsat (2 Atlantic Ocean and 1 Indian Ocean); fiber optic submarine cable (SAT-3/WASC) provides connectivity to Europe and Asia Radio broadcast stations: AM 83, FM 36, shortwave 11 (2001) Television broadcast stations: 3 (the government controls 2 of the broadcasting stations and 15 repeater stations) (2002) Internet country code: .ng Internet hosts: 1,535 (2005) Internet users: 1,769,700 (2005) Transportation Nigeria Top of Page Airports: 70 (2005) Airports - with paved runways: total: 36 over 3,047 m: 6 2,438 to 3,047 m: 12 1,524 to 2,437 m: 9 914 to 1,523 m: 6 under 914 m: 3 (2005) Airports - with unpaved runways: total: 34 1,524 to 2,437 m: 3 914 to 1,523 m: 13 under 914 m: 18 (2005) Heliports: 1 (2005) Pipelines: condensate 105 km; gas 1,896 km; oil 3,638 km; refined products 3,626 km (2004) Railways: total: 3,557 km narrow gauge: 3,505 km 1.067-m gauge standard gauge: 52 km 1.435-m gauge (2004) Roadways: total: 194,394 km paved: 60,068 km unpaved: 134,326 km (1999) Waterways: 8,600 km (Niger and Benue rivers and smaller rivers and creeks) (2005) Merchant marine: total: 49 ships (1000 GRT or over) 263,452 GRT/452,012 DWT by type: barge carrier 1, cargo 5, chemical tanker 7, liquefied gas 1, passenger/cargo 1, petroleum tanker 33, specialized tanker 1 foreign-owned: 3 (Norway 1, Pakistan 1, Singapore 1) registered in other countries: 26 (The Bahamas 2, Bermuda 10, Cambodia 2, Comoros 2, Panama 6, Seychelles 1, unknown 3) (2005) Ports and terminals: Bonny Inshore Terminal, Calabar, Lagos, Port Harcourt Military Nigeria Top of Page Military branches: Army, Navy, Air Force Military service age and obligation: 18 years of age for voluntary military service (2001) Manpower available for military service: males age 18-49: 26,802,678 females age 18-49: 25,668,446 (2005 est.) Manpower fit for military service: males age 18-49: 15,052,914 females age 18-49: 13,860,806 (2005 est.) Manpower reaching military service age annually: males age 18-49: 1,353,180 females age 18-49: 1,329,267 (2005 est.) Military expenditures - dollar figure: $737.6 million (2005 est.) Military expenditures - percent of GDP: 0.8% (2005 est.) Transnational Issues Nigeria Top of Page Disputes - international: ICJ ruled in 2002 on the entire Cameroon-Nigeria land and maritime boundary but the parties formed a Joint Border Commission to resolve differences bilaterally and have commenced with demarcation in less-contested sections of the boundary, starting in Lake Chad in the north; Nigeria initially rejected cession of the Bakassi Peninsula, then agreed, but has yet to withdraw its forces while much of the indigenous population opposes cession; the ICJ ruled on an equidistance settlement of Cameroon-Equatorial Guinea-Nigeria maritime boundary in the Gulf of Guinea, but imprecisely defined coordinates in the ICJ decision, the unresolved Bakasi allocation, and a sovereignty dispute between Equatorial Guinea and Cameroon over an island at the mouth of the Ntem River all contribute to the delay in implementation; a joint task force was established in 2004 that resolved disputes over and redrew the maritime and the 870-km land boundary with Benin on the Okpara River; only Nigeria and Cameroon have heeded the Lake Chad Commission's admonition to ratify the delimitation treaty which also includes the Chad-Niger and Niger-Nigeria boundaries Refugees and internally displaced persons: IDPs: 200,000 - 250,000 (communal violence between Christians and Muslims since President OBASANJO's election in 1999) (2005) Illicit drugs: a transit point for heroin and cocaine intended for European, East Asian, and North American markets; safehaven for Nigerian narcotraffickers operating worldwide; major money-laundering center; massive corruption and criminal activity; remains on Financial Action Task Force Non-Cooperative Countries and Territories List for continued failure to address deficiencies in money-laundering control regime
This page was last updated on 29 June, 2006
Posted by Egg Inspector on :
quote:Originally posted by repsag: Good posts Egg..
It is easy to find an opinion or expert that fits your criteria, doesn't matter which side your on. And don't forget, there are three sides to every story, theirs, yours, and the truth.
I am long XKEM, 46,500 shares!!!!!!!!!!!!
well that was toooo Easy
Rep...I promise, you watch my posts and you will see, if I find something to contradict my position, or bolster the 'others' argument, I WILL POST IT...ask all here. tonight was just a matter of finding information, up to date in some cases was the only challenge, but it wasn't to prove a particular point, it was to make the only valid point. As apposed to opinion, unsubstantiated innuendo.
Enough... good night, good luck, and good news tomorrow
Posted by Ztiger on :
ok when can we spect to see green?
Posted by Egg Inspector on :
looks like we opened a whole penny .01 down on the BSE
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER EUR 0.039 b 11.07.06
no B/A yet - 09:00 n.a. / n.a. n.a.
(this looks like GAP down to me) - -0.01 / -13.33% 0.039 0.039 0.045 0.039 10,000 / 10,000 ------------------------------------------------------ am I reading this right. did BSE GAP down to open?
anyways, I'm going to bed!
Posted by suncruiser on :
Tue Jul 11 06:30:59 2006 EDT NEW BRUNSWICK, N.J., Jul 11, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (OTC BB:XKEM). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching ceremony that was presided over by Nigeria's President, Chief Olusegun Obasanjo, was broadcasted live throughout Nigeria. Days earlier, the drug was approved by Nigeria's drug and regulatory authority, the National Agency for Food and Drug Administration and Control (NAFDAC). Xechem has obtained the exclusive worldwide rights to manufacture, market and sell NICOSAN(TM) under a licensing agreement with Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), a federal governmental agency whose scientists are credited with developing the drug.
President Obasanjo Tours Xechem Nigeria's Facilities
In remarks made at the launching ceremony, President Olusegun Obasanjo commended Xechem and its chairman, Dr. Ramesh Pandey, for their success to date in getting to the point of bringing this important drug to market and for validating the government of Nigeria's efforts to commercialize locally developed technologies: "In line with the reform agenda of this administration, the restructuring of the science, technology and innovation system has received priority attention. The re-engineering of the sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve an economy that is technology driven, private sector led and knowledge based. Today's occasion of launching of NICOSAN(TM) is an attestation that our policy is on the right course." Following the launching ceremony, President Obasanjo unveiled and toured Xechem's facilities and planted a tree on Xechem Nigeria's grounds to commemorate the occasion.
Dr. Pandey added: "We are extremely grateful to His Excellency, President Obasanjo, for making it a priority to personally launch NICOSAN(TM) and visiting Xechem's premises to mark this historic occasion. The President's participation in the ceremony reflects just how important this break-through sickle cell drug is, not only in Nigeria, but for those suffering with this debilitating disease all over the world." A gala affair attended by various ministers, high-level government officials, diplomats, and other business leaders, was held later that evening at the Abuja Sheraton Hotel in downtown Abuja.
About NICOSAN(TM)
NICOSAN(TM) is an anti-sickling "Natural Herbal Drug" developed by Nigerian Scientists at NIPRD and licensed by Xechem. In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the affected red blood cells of those afflicted with the disease. While not a cure for SCD, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced.
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises," damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, and worldwide at least 12 million individuals are afflicted with SCD.
Posted by Purl Gurl on :
Pandey congratulating Pandey. This news is self-indulging eqo masturbation, much like Egg Inspector's articles; worthless pump and dump fluff.
Coyote
Posted by suncruiser on :
I agree PG was looking for a little more substance
Posted by E440 on :
To quote Coach Bill Bilichek "That's not what we are looking for".
I wouldn't be looking for much of a move, if any today.
We very well may see a dip to the low fours, possibly threes.
From Berlin: Down 9% Statistic Daily overview Statistic
cur. Spread in %: 20,51 Today´s High: 0,042
Last price: 0,041 Today´s Low: 0,039
Time: 12:32:30 Diff. in %: -8,89
Volume: 10.000 Diff. abs.: -0,004
Total Prices: 4 Open Price: 0,039
Total Volume: 40.000 Prev. Price: 0,045
Posted by Purl Gurl on :
This early morning news, four in the morning here, is much in keeping with what is predictable as discussed previously.
XKEM can only produce news of this nature being an insolvent company.
In Oklahoma we say, "Big Hat, No Cattle."
Coyote
Posted by BooDog on :
looks like i'll be cancelling my sell order whoo!! I read it more along the lines of validation of what's going on. Should keep the eyes on this. May not spark a huge response but support should continue.
Good morning Purl hugggssss
Posted by Bearclaw on :
How much substance can you get with this project? The deal is struck and now we will get progress reports...This PR is more political than anything else...The politics of this deal are important IMO...
Take a look at our own congress...Heck...they can't get their pants on straight in the morning nevermind implement a drug dispensing program...This is not like a straight manufacturing deal where sales and profits are PR'd...
If needed...Bird flu stocks will be just as political here...If politicians waiver in funding it will effect PPS...no different...This PR confirms the commitment...not a bad update IMO
quote:Originally posted by suncruiser: I agree PG was looking for a little more substance
Posted by BooDog on :
XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER EUR 0.044 b 11.07.06 13:04 0.039 / 0.047 13:04 0.00 / -2.22% 0.044 0.039 0.045 0.039 5,000 / 45,000
moving in the right direction now. Might make a small come back here today but IMO I wouldn't count on too much.
I agree bearclaw, they need to push the politics on this and gain bigger intrest. Lets see "World wide"....yeah I think that can be pushed in politics.
as far as support levels and dipping further we are almost at my bounce point of .048 and bottom support of .03. IMO this should hold at EOD and maybe show a little green. This PR validates more than anything else and should bring other research entities forward to either support the drug or challenge it. Talk about a wild fire. This should be very interesting! and some might say it could be a day to av. and scram.
[ July 11, 2006, 07:52: Message edited by: BooDog ]
Posted by jack37 on :
NEWS!!
Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria
2006-07-11 03:30 PT - News Release
NEW BRUNSWICK, N.J. -- (Business Wire) -- July 11, 2006
Xechem International, Inc. (OTC BB:XKEM). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching ceremony that was presided over by Nigeria's President, Chief Olusegun Obasanjo, was broadcasted live throughout Nigeria. Days earlier, the drug was approved by Nigeria's drug and regulatory authority, the National Agency for Food and Drug Administration and Control (NAFDAC). Xechem has obtained the exclusive worldwide rights to manufacture, market and sell NICOSAN(TM) under a licensing agreement with Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), a federal governmental agency whose scientists are credited with developing the drug.
Posted by Egg Inspector on :
Man! when I went to bed at 03:15 or so, things were looking BLEAK! look like we had GAP'd down to open still down but fighting back.
07:49am EST
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER
---------------------------------------------------------
Posted by BooDog on :
not much volume M8 not sure it will make it green but it could. Probably waiting to see how we react to the pr...which we won't for the most part IMO but maybe a little in the right direction.
Posted by Egg Inspector on :
so we have the PR then, Huh?
Posted by E440 on :
As we say on the golf course, the PR may "stop the bleeding", but I doubt it will do much more than that.
There is the Sullivan conference next week which should be a great PR opportunity.
Although we all want instant gratification, we may have to wait for a while.
I have two choices of things to do today,watch this stock or go to the dentist.
I'll be back around 2:00!
Posted by Egg Inspector on :
I am sure it's been posted. but I had to with me own 2 fingers
want to know what I think?
the most important thing about this PR to us is: "it confirms that Barabara is 'for real'", and can be counted on as reliable. other than that....
I don't know if it will be a big impact in the short term of PPS.
I am hopeful
Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria
By BusinessWire Last Update: 7/11/2006 6:30:42 AM Data provided by
NEW BRUNSWICK, N.J., Jul 11, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (XKEM). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching ceremony that was presided over by Nigeria's President, Chief Olusegun Obasanjo, was broadcasted live throughout Nigeria. Days earlier, the drug was approved by Nigeria's drug and regulatory authority, the National Agency for Food and Drug Administration and Control (NAFDAC). Xechem has obtained the exclusive worldwide rights to manufacture, market and sell NICOSAN(TM) under a licensing agreement with Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), a federal governmental agency whose scientists are credited with developing the drug.
President Obasanjo Tours Xechem Nigeria's Facilities
In remarks made at the launching ceremony, President Olusegun Obasanjo commended Xechem and its chairman, Dr. Ramesh Pandey, for their success to date in getting to the point of bringing this important drug to market and for validating the government of Nigeria's efforts to commercialize locally developed technologies: "In line with the reform agenda of this administration, the restructuring of the science, technology and innovation system has received priority attention. The re-engineering of the sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve an economy that is technology driven, private sector led and knowledge based. Today's occasion of launching of NICOSAN(TM) is an attestation that our policy is on the right course." Following the launching ceremony, President Obasanjo unveiled and toured Xechem's facilities and planted a tree on Xechem Nigeria's grounds to commemorate the occasion.
Dr. Pandey added: "We are extremely grateful to His Excellency, President Obasanjo, for making it a priority to personally launch NICOSAN(TM) and visiting Xechem's premises to mark this historic occasion. The President's participation in the ceremony reflects just how important this break-through sickle cell drug is, not only in Nigeria, but for those suffering with this debilitating disease all over the world." A gala affair attended by various ministers, high-level government officials, diplomats, and other business leaders, was held later that evening at the Abuja Sheraton Hotel in downtown Abuja.
About NICOSAN(TM)
NICOSAN(TM) is an anti-sickling "Natural Herbal Drug" developed by Nigerian Scientists at NIPRD and licensed by Xechem. In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the affected red blood cells of those afflicted with the disease. While not a cure for SCD, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced.
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises," damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, and worldwide at least 12 million individuals are afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (natural herbal drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem will now turn to the commercialization of the drug in Nigeria and the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
SOURCE: Xechem International, Inc.
Posted by BooDog on :
thats what I was saying egg. A stepin the right direction, and when your dealing with nig. you need this type of validation. Looks good to me
Posted by Egg Inspector on :
look how jaded I have become after justa few months Boo......LOL
back in late May, my heart would've began racing at the site of that PR........now.............
Bbbbbrrup Bbbrruup!
see'ya in a bit........ headed into work
Posted by Purl Gurl on :
My presumption is you pump and dump scamsters will repost that worthless insulting news twenty times today, while writing words with an intent of fooling readers into believing this insolvent company has dazzling riches.
Big Hat, No Cattle.
Coyote
Posted by Chopper on :
Exactly what validation do you need Boodog? If you look at the actual African news publications it's been covered in detail. Here are 2 such headlines directly out of Africa. If these have been covered prior please disregard.
Nigerian Scientists Claim Cure for Sickle Cell
Daily Trust (Abuja) NEWS July 5, 2006 Posted to the web July 6, 2006
By Uthman Abubakar
Since the beginning of life on earth, diseases have existed. They emerge and multiply according to environmental changes and complications over time, especially bordering on social or group conducts, physiological behaviours and sanitary conditions, in the case of humans and animals, environmental conditions, soil contents and agricultural practices, in the case of plants. There are more numerous causes of diseases than have so far been discovered.
Diseases are not known until they emerge, and as they do so, scientists research into them to determine their causes and manufacture their cure. Many, perhaps most, diseases ravage life for a very long time and on a frightening scale before their cures are found. Some of such diseases have existed for ages, yet their specific cures have either not yet been found or they have just been found, but they have not been sufficiently tested and applied to determine their efficacy and safety according to the rules of medication.
Such di seases prominently include Sickle Cell Anaemia or Sickle Cell Disease (SCD), which has claimed umpteen lives without any specific cure until very recently. "I also lost a very close friend and classmate to the disease when we were in the secondary school five years ago. He was the son of Justice Abdul Aboki, a judge of the Kano State High Court," Jamilu Mohammed, a resident of Garki, Abuja recalled, saying, "We used to address him simply as Daddy and I can still recall that whenever it struck him, the colour of his eyes would change to blue, he would be weak and portions of his body would develop some rashes. Some sicklers have swollen body. Daddy died at the age of 20." In the United States, it is called the African-Americans disease or poor men's disease. Every other place in the world, it is called Sickle Cell Disease (SCD) or Sickle Cell Anaemia. Sickle Cell Disease is found to be on the scale of front row serious killer ailments such as cancer and HIV/AIDS. Most sickler s, especially in most African communities, shy away from public exposure. Currently, between 14 million and 16 million people are said to be suffering from the disease worldwide. Out of this number, 10 million are in Africa, which includes the four million in Nigeria. Sickle Cell Disease, according to scientific research, is a genetic blood disorder caused by a point mutation on the globin chain of the haemoglobin molecule.
The disease causes the production of abnormal haemoglobin which contains portions that stick together after the release of oxygen. These result in the production of stiff, abnormally shaped red blood cells, which do not flow freely through the blood vessels. The sickle shaped cells create clogs in the blood vessels, which prevent the flow of normal hemoglobin and oxygen around the body. The situation results in severe pain or "crisis," ulcers, blindness, organ and tissue damage and breakdown, which eventually leads to stroke, especially in young infants, and acute chest pain.
Research in the field warns that repeated crisis can also result in damage to the kidneys, lungs, bones, eyes and central nervous system. The most feared complication for children with the disease is stroke, which is said to affect infants as young as 18 months. Many children with the disease do not survive infancy or early childhood. Some scientists say patients below the age of 20 are at higher risk of death than those above that age. Adults with SCD, the research reveals, often experience a reduction in quality of life due to severe physical problems such as pain, hard-foot syndrome, acute lung complications that can result in death. Further, frequent episode of severe pain, crisis and hospital admissions, significantly affect the lives of the patients of the disease by limiting their ability to participate in normal activities. The socio-economic and psychological implications are that it consequently retards their economic and social advancement, deprives them of joy of living life to the fullest and instilling the fear of early death in them.
Researches into blood groups have shown that persons in the SS blood group are both patients and carriers of the disease, those in the AS blood group are only carriers, while those in the AA blood group do not have it at all. So, in a married couple, if both the husband and wife belong to the SS group, the children they would bea r would also be in the SS group, completely patients of the disease. If a member of the couple belongs to the SS group, while the other belongs to the AS group, there are higher chances that more of their children would belong to the SS. If both members of the couple belong to just AS, most of the children could be in the AS, while some could be SS members. A wholly AA group couple's children would be safe from the disease.
This situation tends to encourage blood test before marriage is contracted by a couple. Until very recently, there was no known specific drug for its cure. Every where in the world it is treated with either traditional medicines or, in the orthodox medical practice, with drugs meant for other ailments, which have some symptomatic similarities and effects with it. In the United States, for instance, a drug called Hydroxyurea (HU), used for the treatment of cancer, was also used for sickle cell disease. This drug, which is the only one approved for the treatment of the disease, is however, very expensive and found to be toxic, and patients treated with it exhibit severe side effects. So, it is said that there has not been any specific drug for the cure of sickle cell in the market, the world over.
In July, 2002, Xechem International Inc., a US-based pharmaceutical company, signed an agreement with the National Institute of Pharmaceutical and Research Development (NIPRD) for the research, development, production and worldwide sales and marketing of NICOSAN, said to be the only known cure for the disease now discovered. Before then also, another known cure is said to be a bone marrow transplant to replace defective red blood cells with donor healthy cells. Under this process, treatment has generally consisted of supporting therapies, which includes folic acid, anaemia, penicillin to prevent infections pleumococcal and influenza vaccination, pain killing drugs and intravenous injection fluid. NICOSAN, according to the researchers at NIPRD, is a non-toxic herbal product composed of extracts from tropical plants, each of which is said to be indispensable in the manufacturing of the drug.
It is said to have undergone clinical trials conducted in Nigeria by NIPRD and laboratory testing among others by the National Heart, Lung Blood Institute and the Sickle Cell Disease Reference Laboratory at the Children's Hospital in Philadelphia, U.S.A. Results of the se trials are said to have shown that the drug drastically reduced the degree of sickle cell formation, and the frequency and severity of SCD crisis, liver and kidney functions remained normal and patients gained appreciative weight. The clinical studies showed that the drug is an efficacious phytomedicine for the management of SCD. How was the journey to the advent of NICOSAN?
In August 2001, the Minister of Science and Technology, Professor Turner Isoun, had led a high profile Nigerian government delegation, comprising, among others, top government officials and scientists, to the United States to sign an agreement between Rutgers University and the Government of Nigeria in the area of Biotechnology. The delegation visited Xechem International Inc. and, consequently, invited its founding chairman and chief executive officer, Dr. Ramesh C. Pandey, for further development and the production of the drug developed by the NIPRD scientists. The drug, as developed by the NIPRD, i s a natural herbal preparation coming from Nigerian folklore.
Late Reverend Paul Ogunlaye, who was a pastor of the First Baptist Church in Oyo State in 1992, was said to have brought the drug in the form of a herbal recipe to the attention of the former Director General of NIPRD, Professor Charles Wambebe, and his team of researchers at the institute. The institute further researched into it with the financial backing of the Nigerian government and the World Health Organisation (WHO). The research included looking into how the folklore was doing it - mixing and grinding this and that herb, and then producing a decoction that can be given to the sicklers. In the western world, medicinal herbal preparations are called food supplements or, very recently, alternate medicine, not drugs. In China, they are called Chinese traditional medicine. "When I returned to the US and found that there is no drug for it in the market, I got more interested. Then I looked into the present popul ation of those suffering from it in the US, and I found out that it was just between 80,000 and 90,000, who, probably, may have migrated from African countries. There population was concentrated in the US in the areas where there is malaria," Dr. Pandey revealed. In the United States, genetic and pre-birth screening is said to have drastically reduced the incidence of the disease in recent years.
Apart from the over 80,000, an additional two million Americans carry the sickle cell trait. Although NIPRD had done some clinical trials - phase 1, 2A, 2B and placebo-control trials were done by Nigerian doctors and scientists, those data were not accepted overseas. To make the data and, subsequently, the drug, acceptable internationally, it is said that Xechem obtained the required Orphan Drug Designation from the US Food and Drug Authority. A similar designation was granted the company in Europe to cover all 25 countries of the European Union. Now there are five hospitals in the United States, including Children Hospital and Thomas Jefferson Hospital, both in Philadelphia, Sunny-Brooklyn Hospital in New York and Howard University Hospital in Washington DC for the application of the drug towards acceptability. NICOSAN was licensed with the government of Nigeria on 18th July, 2002.
The raw materials and its sources are all said to be within the country, although future international market demand could require growing and obtaining more material from overseas. The drug may be launched as soon as the National Agency for Food and Drug Administration and Control (NAFDAC) approves it. "We are looking into the issue of counterfeiting, but I can't tell you anything specific on that now, admitted Dr. Pandey, explaining, "First, we will make it a prescription drug. So we will know what is going on and how much of it is going out of the company. We may have some pharmaceutical stores to suggest the bulk purchasers. Counterfeiting has been brought to our attent ion by many people, but we are looking into how to stop it from happening to us."
The researchers believe that with the advent of NICOSAN, Sickle Cell Disease may soon be removed from the class of ailments having no specific drugs to cure them anywhere. As Sickle Cell Anaemia takes its toll on the human race, the global public awaits the efficacy of this drug, its standard maintenance, the height of its safety profile, its broad spectrum capacity and its affordability to patients of the disease who, perhaps, may never have hoped for any specific cure in the near future. That is if it proves itself to be the cherished specific cure for the disease.
Daily Champion (Lagos) NEWS July 7, 2006 Posted to the web July 7, 2006 Lagos
The first Nigerian developed anti-sickler drug, NICOSAN, will be launched today in Abuja.
Also to be commissioned is the Gamma irradiation facility situated at the Sheda Science and Technology Complex, Sheda (SHESTCO), Abuja.
The Gamma irradiation facility is to be used for food preservation, sterilization of pharmaceutical and medical devices, as well as polymerization and other industrial applications.
A statement signed by information officer of the complex, Ndidi Onuora, and made available to Daily Champion said the minister of Science and Technology Professor Turner Isoun assured that all necessary precautions have been taken to ensure safety of the products as well as continuity in the production of the anti sickling drug NICOSAN adding, "This is just an iceberg."
Disclosing that the drug, used for the treatment of Sickle Cell diseases, and produced by a pharmaceutical company, Xechem-Nigeria, has been tested locally and internationally at Philaldelphia children's Hospital in the United States the minister said the drug has been recognized by the World Health Organisation (WHO) for treatment of Sickle Cell disease, He also said it had been approved by National Agency for Food and Drug Administration and Control (NAFDAC).
The Director General of SHESTCO, Dr. Ayodele Coker, in the statement said achieving the drug was not by accident but by design, stressing that, "We contacted Xechem International after a conference held in the United State and I am happy that our dreams and efforts were not in vain."
Posted by jack37 on :
Sponsors On behalf of the Board of Directors of the Leon H. Sullivan Foundation, we are pleased to invite you as a key sponsor to the upcoming Leon H. Sullivan Summit VII, scheduled for July 17 – 20, 2006 in Abuja, Nigeria. As a Summit sponsor, your organization will be afforded a unique opportunity to engage the African Diaspora at a time and place where its constituents are eager and able to partner with international investors to further enhance Africa’s economic development.
Over the past several years, the summits brought together more than 18000 delegates, including heads of state, business leaders, and national celebrities from around the globe. The last Summit was convened by His Excellency President Olusegun Obasanjo in June 2003, who was joined by President George Bush, 11 African Heads of State, and over 3000 delegates.
As with previous summits, Summit VII will provide the forum for dialogue on critical issues affecting the continent, and will facilitate formal arrangements to mobilize technology, capital, and infrastructure development on the continent. The Foundation continues to work with key players, such as the African Union and NEPAD, to forge functional business ties between the Western world and Africa.
The theme for Summit VII is Africa: A Continent of Opportunities – Building Partnerships for Success. Our major goal is to identify best practices for Africa’s long term economic security by emphasizing (a) trade and investment opportunities, (b) support for the Africa Growth & Opportunities Act (AGOA) and (c) successful practices for corporate social responsibility.
We believe that your participation in the upcoming Summit VII will not only result in significant value to your organization but will be a historic occasion where the leaders of Africa, corporate leaders, and Friends of Africa will come together to carve out a path that will take the continent to the next level of development. Join us also as we salute other Caribbean, European and Latin American Presidents and Heads of State as they too march forward in this same quest.
We have included our corporate sponsorship package for your consideration. Please indicate your level of sponsorship and advise us accordingly. In the meanwhile, feel free to contact either of us for further information, or Hope Masters, President and CEO of the Leon Sullivan Foundation at (202) 736-2239.
Looking forward to working with you in Abuja!
Sincerely,
Ambassador Andrew Young Chairman Carlton Masters Co-Chairman
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Posted by BULListic on :
XKEM is the pick of the day at Subway.com
"Our pick for Tuesday, July 11, 2006 is Xechem International, Inc. (OTCBB: XKEM). Company put out big news this morning...Watch for early buying opportunities!"
Posted by Peaser on :
Between this thread and the thread fortunately taken out, those articles have been posted at least ten to fifteen times.
This is a tactic of pump and dump scamsters; shout it enough and people will believe.
Only serves to annoy me; I do not like screaming pump and dump scamsters.
Your gossip about me and your insults directed at me are more entertaining and more meaningful.
Coyote
Posted by Egg Inspector on :
quote:Originally posted by Purl Gurl: Rather than dictate what readers are to believe, a pump and dump tactic, allow readers to discover truth on their own,
The level of pump and dump activities in this thread is disgusting; no meaningful discussion, almost all pump & dump fraud.
Coyote
the above link leeads you to several corruption / anti-corruption articles on Nigeria.
thanks for the link.........Egg
copy of page (link/follow):
*Nigeria: Corruption Must Be Stamped Outfor Nigeria to Progress ...
AllAfrica.com, Washington - Jun 28, 2006 ... by his law firm, Nigerian Law Publications Ltd, Fawehinmi said Uwais confronted corruption during his tenure as the Chief Justice of Nigeria (CJN) cum Chairman ...
*Nigeria: Corruption - Imo Speaker Dares EFCC AllAfrica.com, Washington - Jun 30, 2006
... Eweama, Nwagwu denied being involved in any corrupt practices, adding that he has long standing commitment towards prosecuting the anti-corruption war of the ...
*Nigeria: Corruption: CNPP Vows to Fund Probe of Govs
AllAfrica.com, Washington - Jun 16, 2006 ... said it is sad that the office of the Chief Justice of Nigeria could not release funds to ICPC to commence investigation of corruption leveled against 24 ...
*Nigeria: Corruption Has Increased Since 1999 - Report
AllAfrica.com, Washington - Jun 13, 2006 Inspite of the much touted campaign against corruption by the President Olusegun Obasanjo's administration since 1999, a survey, Report of Crime and ...
*Nigeria: Corruption: Falana Accuses Developed Nations
AllAfrica.com, Washington - Jun 23, 2006 Developed nations have been accused of fostering corruption in Nigeria, as they accept monies paid by corrupt officials into their financial institutions. ...
*Africast Nigeria: Obasanjo's reforms AllAfrica.com, Washington - 18 hours ago
... While there may be more awareness of the evil of corruption, while Nigeria may have been taken off the Financial Action Task Force list and our credit rating ... Ribadu: When silence is golden Nigerian Tribune Nigeria's telecom chief held News24 Nigeria to get fruitful Africast The Tide - Guardian Unlimited - all 11 related »
*Nigeria launches $4m fraud probe BBC News, UK - 14 hours ago
Nigeria's anti-corruption agency has launched a probe into allegations of fraud after a massive overpayment was made to a maritime organisation. ...
*Nigeria corruption law ruled unconstitutional Legalbrief (subscription), South Africa - 6 hours ago
... containing 10 major sections, empowered the Federal Government to police Nigeria’s State ... the Act as a ‘genuine effort to wipe out corruption’, and said ...
World Bank Spends N260bn On Power, Water, Others AllAfrica.com, Washington - 17 hours ago ... that, "I walk around Nigeria and talk to people like yourselves, the students. The feeling I have is that Nigerians are sick and tired of corruption, so they ...
Beyond matters of Presidential geography Daily Sun, Nigeria - 4 hours ago ... turn politicians, it is possible that those who truly love Nigeria will be ... deprivation sustained by years of uncaring and inept leadership oiled by corruption. ...
Posted by E440 on :
quote:Originally posted by BULListic: XKEM is the pick of the day at Subway.com
"Our pick for Tuesday, July 11, 2006 is Xechem International, Inc. (OTCBB: XKEM). Company put out big news this morning...Watch for early buying opportunities!"
There may be hope yet! On average,picks by the Subway, if you get in early, go up 10%. That would be a welcome relief.
bid: .0498 Ask: .05
Posted by phone_man on :
The PR made it on the Yahoo finance page of most popular stories.
current on the BSE: ---------------------------------------------------- Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER
current - EUR 0.044 b 11.07.06
B/A - 13:04 0.040 / 0.044 14:27
days change - 0.00 / -2.22% 0.044
previous O/C - 0.039 0.045 0.039
volume - 5,000 / 45,000 ------------------------------------------------------ I cannot find if PR was released in Germany. the 'news' search I did showed 'No News'... but I am not confident in navigating their site
Posted by Purl Gurl on :
Subway:
"CRG has been compensated thirty thousand dollars for XKEM. CRG was compensated one hundred twenty thousand dollars in past compensation for XKEM. CRG intends to sell its shares."
Are some of you being paid by Pandey to pump this stock?
Coyote
Posted by Peaser on :
Dr. Akunyili wins 2004-2005 Africa Achievement Award Posted by Hoffman on 2004-03-15 22:21:00
DIRECTOR-GENERAL of National Agency for Food and Drug Administration and Control (NAFDAC), Dr. Dora Akunyili, has won the coveted 2004-2005 Africa Achievement Award. The news was conveyed to Dr. Akunyili in a letter by the executive director of the organisation, Mr. Ronald Mracky, who disclosed that she was being honoured because of her relentless fight against fake drugs and other substandard regulated products in the country. The award in the past was won by the likes of President Olusegun Obasanjo, Bishop Desmond Tutu of South Africa and former United States (US) and South African Presidents, Bill Clinton and Nelson Mandela. The 2004 award christened, Africa Civic Responsibility Award, will be conferred on Akunyili on May 21, in the United States of America.
Understanding the Fake Drugs Phenomenon Posted by Hoffman on 2004-12-20 13:08:00 This Day (Lagos) Posted to the web November 16, 2004 by Chuba Keshi, Lagos
Health watchers are of the informed view that the fake drugs phenomenon in Nigeria had, by the turn of the new millennium, reached epidemic proportions. As aptly considered by Dr. (Mrs.) Dora Akunyili, Director-General of the National Agency for Food and Drug Administration and Control [NAFDAC], the fake drugs crisis must be viewed with even more seriousness than the illicit trade in narcotics because while the victim of the latter is a willing soul, that of the former (fake drugs) is an unsuspecting and helpless victim.
I believe that Nigeria was the 6th most corrupt, but don't quote me.
I wonder where the US ranks on that list?
Posted by repsag on :
Peaser, depends on where you find the stats.
Posted by Egg Inspector on :
my streamer is showing: +.0008 / 0.0498
a very slight GAP up on PR to open.
anyone else?
Posted by BooDog on :
i see you guys are trying to drown out purl by posting PR's and DD. Just remember this is nigerian territory and things can change in a matter of a news flash. Lets just use caution. I don't see any scam, just a company that could certainly use Purls guidence on how they should be trying to clean up their act.
Posted by repsag on :
Scottrade
.049 - .092
Posted by Stock on :
485/486 wat a disgrace
Posted by Peaser on :
The country of anything goes....... The country of anything goes By Olusegun Obasanjo
FOR over four and a half years - from November 17, 1993 to June 8, 1998 - Nigeria, which had been under military rule since the end of 1983, was reduced to a police state: a big prison with gallows, where intimidation, assassination, and deprivation were the instruments of misgovernance of the state by General Sani Abacha, a sadistic, apparently mentally deranged, corrupt, incompetent, arrogant, and ruthless military dictator. The question on almost everybody's lips was: why? What went wrong in a country of well over one hundred million people which used to take pride in its large educated and cultured population?
The answer lies in the gradual but steady erosion of moral and ethical standards that took place during the earlier military administration of General Ibrahim Babangida, who carried out a military coup at the end of 1984 and ruled between 1985 and 1993. It was at this time that, facing the gun, civilian political leaders acquiesced and abandoned their responsibility.
Some adopted the attitude of "sit down and look on". Others joined in the pillaging of the country by seeking patronage, recognition, and easy money from the ruling military cabal. As a result, the economy was shattered during the 1980s. Whether you were a politician, a businessman, an intellectual, or a retired military man, the seemingly easy avenue for personal economic gain was to accept a job from the military or to seek favour from or support by the military. Some academics abandoned their lecture rooms or research laboratories where they could only make a pittance; they accepted the cozy, cushy embrace of a corrupt, deceitful, and unscrupulous military administration.
Previously, independent and respected intellectuals became the mouthpiece and apologists for the military; they made excuses for General Babangida and his fellow military leaders, and helped them deceive and confuse the people. Respected social critics accepted money from the government and became compromised. To take an independent stand became an exception and an extremely risky one. Many outspoken critics of the government were assassinated. Dele Giwa, the founding editor of the weekly Newswatch, was killed by a letter bomb in 1986.
The Nigerian military men, who once could claim to be officers and gentlemen, became men of double-talk, unkept promises, and devious actions and behaviour inimical to public order and proper military conduct. But what was most deplorable was that with the pillaging of the society and the destruction of moral and ethical standards, those who might have been expected to try to sustain such standards - the by-now bought-up, co-opted, and corrupted members of civil society: politicians, intellectuals, journalists, business people - made excuses. They became defenders of a military administration which consciously or unconsciously embarked on systematic destruction of all that matters in a society - politically, economically, socially, morally, ethically, and culturally. The press and publishers who were not directly under government control were corrupted; they in turn hired and corrupted writers who pretended to be objective and independent, but who vigorously and viciously attacked opponents of the military regime.
In this way Nigeria became a nation of "anything goes", where anything could be rationalised and justified. Babangida shifted his ground and broke his promises so often that he earned the popular nickname "Maradona" for his fancy dribbling; his deceitfulness was widely defended and even praised as political cleverness, dexterity. There was no moral standard left in public life. Corruption and fraud became habits that trickled down to every level of society.
Nonetheless, the citizens of Nigeria persisted in calling for democracy. And Babangida, who had been promising a return to civilian government since September of 1987, and who was also facing increasing pressure to relinquish power, both from the international community and from members of his own divided military regime, finally seemed to be taking steps in that direction late in 1992. In December of that year he replaced his Council of Ministers with a civilian Transitional Council, headed by the businessman Chief Shonekan, which was given the task of monitoring and overseeing a return to democratic government by August 27, 1993. And on June 12, a presidential election was indeed held, although the only parties allowed to compete in it were two that had been created by the military regime in 1989. This election was apparently won by Moshood Abiola, of the Social Democratic Party.
Even though the election was considered a fair one by international observers, however, it was annulled a week later without any plausible excuse being given. Although, both a national commission monitoring the voting and one of the Nigerian courts were involved in the rigmarole of challenging the election, it was General Babangida who acted to invalidate it. Riots broke out in Lagos, and there followed a chaotic summer in which a number of possible solutions to the situation, including promises that the election would be rescheduled, were floated and then quickly cancelled; no one seemed sure what would happen next. Finally, at the eleventh hour, Babangida decided to relinquish power. On August 26, the day before the deadline he had set himself the previous year, he stepped down, naming Chief Shonekan the head of an Interim National Government. On the same day, General Sani Abacha - who had been intimately associated with the Babangida regime since 1983 - was promoted to minister of defence.
The responsibility of leading Nigeria was too much for Shonekan; he had had power thrust upon him only because he posed no serious threat to the continuing power of the military. The real power in this government belonged to Abacha, and Shonekan had neither the savvy nor the backing to challenge him. Within a month, Abacha had arranged to replace all the chief supporters of Babangida within the new government. Then, on November 10, the High Court pronounced the Interim National Government unconstitutional. A week later Shonekan stepped down, in favour of Abacha. It had been clear to many discerning observers well before Abacha struck that he had his own ambitions. But even after he took power, there was also a great deal of confusion about his intentions and abilities. Many Nigerians thought him nothing more than a light headed and empty-minded military officer who wanted nothing more than to occupy the presidency long enough to enrich himself and reward his supporters. But in the confusion surrounding the annulled election, some politicians and their followers looked for a "messiah", who, they believed, would proclaim the annulled election valid after all. That was the situation in which Abacha was able to take power. Some of the people who gave him encouragement and support believed that he would act in the public interest; that they could successfully use undemocratic means - the installation of a military government - to attain democracy. They ignored the fact that the man in charge was undemocratic at heart, as his record clearly indicated.
For his part, Abacha showed an unexpected capacity for deception. He brought the key men in the two political parties he had disbanded into the government he appointed, apparently with the promise that he would hand over power to Abiola within three months. But he made sure that he never committed himself to any definite date for the transfer of power, he used the nebulous phrase "brief period". Meanwhile he consolidated his position.
As could be expected, through all this time some people stood firm, un-purchasable, advocates, despite all intimidation and discouragement, of truth, good governance, and the interests of the country. But by November 1993 - when lying and deception of the people by the government, and deprivation of the rights of the people, and pervasive corruption had been made into an art - there was no critical mass, not enough of such men and women of integrity and conscience, to stand solidly against Abacha.
His model, as it soon became clear, was Mobutu of Zaire; it was his ambition to be the richest man in black Africa and the longest-ruling Nigerian leader. He could not achieve these two objectives without silencing the opposition of anyone who might stand in his way. Babangida had tried the tactics of domination through patronage, corruption, acquisition, deceit, and selective elimination of his opposition. Abacha had learned that these methods were insufficient; they had not worked for his tutor and they would be enough for him - and in any case, he did not have his predecessor's knack for subtlety.
So he used those people he thought could help him, and then, particularly if they seemed capable of questioning him, discarded them. His first cabinet, for example, included many important figures from the civilian government of the early 1980s, and even human rights activists; but within a year Abacha felt secure enough in power to replace almost all of these people. After that he embarked on a ruthless campaign of oppression, directed not only against those who opposed him but against those he believed uncompromising enough that they might oppose him. In this way, Abacha stole the property he was meant to guard and prevented the promised rescheduling of the annulled election. In the end he brought about both his own death and that of the presumed winner of that election. But before he died this summer, he managed to become the worst affliction suffered by Nigeria since it became an independent nation in 1960.
I fell into the group of those whom he could not corrupt and who would not make a deal with him. He knew this from my criticism of Babangida for holding on to power through error and intimidation. He decided to take preemptive action, and manufactured claims that I was plotting an impending coup. He used this fiction as a pretext for jailing, in addition to myself, some forty of his potential opponents including my former deputy, Major General Shehu Yar'Adua; Dr. Beko Ransome-Kuti, head of the Campaign for Democracy; prominent journalists; and some of the most capable middle-level officers of the army.
quote:Originally posted by Egg Inspector: my streamer is showing: +.0008 / 0.0498
a very slight GAP up on PR to open.
anyone else?
my streamer is showing: -.0005 / 0.0485 a slight GAP down to open, now.
it's going to be quite a ride today!
Posted by Stock on :
NON OF THAT MATTERS. WHAT MATTERS IS THAT THEY CAME OUT WITH A PR AND THE STOCK IS GAPPING DOWN.
it is not maybe but it IS time to cut losses for those who rebought on the old run at the 0.08 and 0.09 levels...this is not going anywhere, short or long term. just look at it, gapping down on a pr...sad
Posted by 66inxs on :
scottrade .0485 - .0486 downticking 560000 traded so far. looks like another day of bleeding. fluff pr's with no substance. do yourselves a favor and put your money somewhere else - anywhere else !
Posted by Egg Inspector on :
if we follow this 'pattern' again. I will probably pull back and start to concentrate on other positions....yes I have a few others....LOL 15 to be precise. this is going to run it's course. it is now a mid-to-long play. IMHO
JO Eggs HO
Posted by Peaser on :
I agree that today sometime would be a good day to cut your losses if you are down. I am looking to re-enter around the .03 area as the gap gets closed.
Possibly this afternoon to sell.
[ July 11, 2006, 09:46: Message edited by: Peaser ]
Posted by Fuzzy1018 on :
picking up stop loss orders?
Posted by BooDog on :
looking for the dip
Posted by SYGY on :
crasy chiat!!!!!
Posted by amswap on :
Crazy indeed!
Posted by Fuzzy1018 on :
why is it down? just don't get it
Posted by Egg Inspector on :
quote:Originally posted by Peaser: The country of anything goes....... The country of anything goes By Olusegun Obasanjo
FOR over four and a half years - from November 17, 1993 to June 8, 1998 - Nigeria, which had been under military rule since the end of 1983, was reduced to a police state:......
Nothing crazy. You were advised this would most likely happen. You were given clear and precise warning.
Coyote
Posted by BooDog on :
selling pressure was high, gonna take a lot of bulls to turn it around. should be any minute
Posted by Egg Inspector on :
My prediction for today:
PPS - .03876 EOD
volume - 131,400,000
Posted by Egg Inspector on :
I hope I am wrong...
but this seems to follow that "pull back a penny a day' pattern since the launch regardless of PR, news, whatever.. it's trying to find it's absolute 'supported base price' IMHO
I want to be wrong, believe me!
Posted by bond006 on :
I think you are right egg, This is the pr that should have been released last thursday and some much more business shoould have been on the table this week. oh well I hope this is not another pbls that hit .12 about a year ago and then stayed at .03 to .05 for the year so far.
Posted by BooDog on :
160M .053
Posted by 66inxs on :
l-2'down too. over 20 millon shares traded already. this should paint a pretty clear picture.
Posted by BooDog on :
XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER EUR 0.039 b 11.07.06 15:33 0.032 / 0.041 15:35 -0.01 / -13.33% 0.044 0.039 0.045 0.039 25,000 / 82,000
they are responding to ours
Posted by BooDog on :
boing boing bouncing ball
Posted by Fuzzy1018 on :
any chance for a pullback here?
Posted by Egg Inspector on :
quote:Originally posted by BooDog: 160M .053
I'll take it Boo...... Posted by BooDog on :
try and squeeze play on this....I don't THINK so!
Posted by maumee river rat on :
I think your seein it fuzzy
Posted by Purl Gurl on :
Darn straight I am rubbing this in your faces.
Previously, I advised you to dump at .08 to profit or to cut losses. I showed you how to make excellent profits before a chance to profit vanished. I wrote a lot of articles to help readers. I clearly, very clearly told you what will happen, and this did happen and is happening.
Now scream out I am an ignorant basher. Now sling insults at me, now threaten me with lawsuits, now accuse me of being child molester, now have my articles deleted, now try to have me banished, now spread vicious rumors about me, as you have been doing.
I have my money in my pocketbook, retain my dignity and enjoy my excellent reputation.
Your pockets have picked clean by Pandey, lots of people lost money because of you and your reputations have been utterly destroyed, by your own hands.
No matter how much you scream, no matter how many lies you tell, no matter how hard you work at silencing voices, truth always prevails.
You boys picked the wrong Indian to abuse.
Dr. Kiralynne Schilitubi Professor of English
Posted by maumee river rat on :
Ludes....They are good...
Posted by repsag on :
abuse? i don't think so Purl
Posted by BooDog on :
I never abuse those I learn from...I just don't like the screaming!!!
Posted by maumee river rat on :
I'm tellin ya all....Take the LUDES.....
Posted by Fuzzy1018 on :
we goin' up
Posted by Peaser on :
Ludes are tasty. mmmmm, ludes. lol
Posted by Egg Inspector on :
quote:Originally posted by bond006: I think you are right egg, This is the pr that should have been released last thursday and some much more business shoould have been on the table this week. oh well I hope this is not another pbls that hit .12 about a year ago and then stayed at .03 to .05 for the year so far.
Bond, agreed...this is the PR that should have came out the morning following the launch... I think Pandy has busted his nuts to get this where it is; production facility timed with release(launch) etc.. that's no easy feat.
then (all my newB opinion), he's prolly thinkin, "here we go", it would fly on it's own. but this thing needs a very savvy media approach and much better PR(promotion)
This Egg thinks that the best thing Xechem could do right now is hire a great PR director. Posted by Peaser on :
Pennant looks to be coming to an end around 1pm today, the only question is which way will it go from there?
Posted by Fuzzy1018 on :
get ready for the ride people
Posted by bond006 on :
This company is lacking for a better word salesmanship and every good sales man knows that during his or her presentation the timing is everything pr man is wright doctors, and bean counters marketing forget it
Posted by BooDog on :
averaged and out .047 thanks purl. see this again after my funds settle. I still see .053 but It aint bangin me in the head! GL
Posted by Egg Inspector on :
quote:Originally posted by Purl Gurl: Stereotypical male bagholder losers.
kindly refrain from namecalling, or harrassing in any way.
it has been requested of you, respectfully and tactfully........Egg
Posted by mnvestor on :
Once we break 0.05, all hell is breaking loose...good job to longs here
Posted by Fuzzy1018 on :
greeeeeeeeenn!
Posted by trade04 on :
and we are GREEn =) volume will be huge today imo, reversal just beginning 60% retrace is more than enough =)
Posted by BooDog on :
funny I had the freekin bounce on this too eh?
Posted by phone_man on :
nice sight for sore eyes. Just hope this keeps up !
Posted by mnvestor on :
L2s a gooooo to 0.055
Posted by Peaser on :
Looks like we broke out of the pennant a tad early.
QUIN sure has been buying a bunch on the bid today so far.
Posted by maumee river rat on :
Yup!!!!
Seems to be trading in a channel now 065 about max today....by close max will be around 06
low just under 04
Posted by BooDog on :
this should be the HOD IMO
Posted by Fuzzy1018 on :
down we go again
Posted by Peaser on :
We need about 150 million plus in volume today to counteract the early selling IMO in order to finish green for the day.
Might be a possible bounce off the 50 RSI line today.
Posted by Purl Gurl on :
"kindly refrain from namecalling, or harrassing in any way."
Practice what you preach. You boys drew first blood.
When you boys began insulting me, threatening me, telling lies about me, you granted me an unlimited license to treat you as I please; you forfeited all your rights to respect.
Go whine and cry to your momma.
Coyote
Posted by bond006 on :
Just one thing I might add and it seems to me maybe us longs forget we know about the launch but how much of the world does not much of this may take a while yet to get out into the world investment community and medical community know and thats about it. imho
Posted by Egg Inspector on :
quote:Originally posted by BooDog: averaged and out .047 thanks purl. see this again after my funds settle. I still see .053 but It aint bangin me in the head! GL
Good Luck to You Boo
Posted by bond006 on :
Purl Girl it is time to be friends you made your point and we are all sorry most of the people on this thread did nothing to you . I told folks here that you were a good investore with your style now we don't want to keep this fighting going please take or apology and do what you will but please stop this fighting it is over
Posted by Egg Inspector on :
not saying we are going anywhere, but we are creepin folks
XKEM Bid: 0.0511 Ask: 0.0512 Last: 0.0512 ($): +0.0022 Vol: 85,530,863
Posted by dollar13 on :
hey we got good news this morning,nice volume and I see green so far.... go XKEM ..
Posted by Purl Gurl on :
"Purl Girl it is time to be friends...."
Not a single chance this will happen.
A benefit here is silent readers have learned you boys cannot be trusted for a moment, never.
Coyote
Posted by bond006 on :
90million the first hour
Posted by Fuzzy1018 on :
we'll go up big today watch
Posted by dollar13 on :
too bad i don't have money available in my account to buy some more shares right now.
Posted by maumee river rat on :
Purl!!! The problem I have, is you are pizzed off at a few, but your taken it out on the entire board....almost as if you are not targeting your enemy,but rather making as many new ones a possible...seems wreckless to me...
I respect your knowledge of the game and always read your posts when they stay on subject.
You have much to offer and it appears, much to learn also..
Just a thought....Take it for what its worth......Lookin forward to your next batch of good DD...
P.S.
Please take the LUDE!!!!
Posted by Peaser on :
.055 might not be to tough to get through today.
Posted by Jo4321 on :
I was one of the fools who after making lots of green from .0117 up, pushed the buy button on that news last week, and ended up in it at .09 and .10!
I just took a 50% loss just so I could protect my gains from earlier.
I still have a small position but if this tanks, basically, I will be back to square one.
Jo
Posted by Egg Inspector on :
WHAT'S HAPPENING HERE FOLKS?
l2 EXPERTS? THOUGHTS?
is this a trend or a bounce?
XKEM Bid: 0.0544 Ask: 0.0545 Last: 0.0544 ($): 0.0054 Vol: 94,055,632
Posted by Egg Inspector on :
.05's a good time for the faint of heart?
thoughts?
do your own DD. make your own decisions!
this is just a question Posted by Peaser on :
Up .01 from the low so far.
Posted by Fuzzy1018 on :
ok here's a bit of resistance before we really breakout
Posted by mnvestor on :
Huge bid support, 0.06 not far away
Posted by Fuzzy1018 on :
through the wall at .055
Posted by bond006 on :
If they follow this up with a meaty pr it very well could be a trend but they will get some milage out of this pr
Posted by mnvestor on :
Almost all buys last 5 min, huge bid support, we could go much higher IMO
Posted by Fuzzy1018 on :
IMO we're back on the uptrend - and breaking down all big walls with huge buying pressure
Posted by trade04 on :
wow wow wow im so happy today
Posted by amswap on :
I call Steve at the number on the other pr and told him how disappointed many of us were that there was nothing to address the dilution rumor or their plans and forecasts of where this launch would take the company. I told him he needed to immediately realease another pr with some substance because this was all old news as far as the investors were concerned. I would suggest all of you calling as well and continue to call until they react.
Posted by BooDog on :
XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER EUR 0.036 G 11.07.06 16:24 0.038 / 0.047 16:34 -0.01 / -20.00% 0.044 0.035 0.045 0.039 0 / 214,
they lost us just fwiw
Posted by amswap on :
bid .0559 ask .0556 ?
Posted by dollar13 on :
damn the bid jump from 0.055 to 0.059 ...
Posted by Egg Inspector on :
A slow climb from the cellar. maybe I had something in; 'trying to find "absolute supported bottom"'
we sahll see.....
XKEM Bid: 0.0558 Ask: 0.0558 Last: 0.0558 ($): +0.0068 Vol: 114,512,974
Posted by Fuzzy1018 on :
taking a breath now before it breaks the next level at .06
Posted by BooDog on :
watch for the fat finger....i took down my streamer, I learned a while ago to be sure of my decissions and never look back but I have to look....who can resist?
Posted by dollar13 on :
quote:Originally posted by dollar13: damn the bid jump from 0.055 to 0.059 ...
didn't last too long...
Posted by BooDog on :
wanna know why i dont try tricks with my putter and scottrade...i have a buy in which is now higher than the freekin ask and it still won't fill! not for xkem though
Posted by buckstalker on :
quote:Originally posted by BooDog: wanna know why i dont try tricks with my putter and scottrade...i have a buy in which is now higher than the freekin ask and it still won't fill! not for xkem though
Good sign...what stock?
Posted by amswap on :
Trade04, I couldn't answer your pm. Your box is full.
Posted by dollar13 on :
i think 0.07's EOD,or close to it
Posted by BooDog on :
GSPI
Posted by Peaser on :
Ramesh Pandey Estimated that a drug to help treat SCD back in 2003 could be a $1 Billion drug.
It has also been stated in their SEC filings as well, however they also wanted to bring this drug to market years ago, so who knows?
Posted by BooDog on :
GL dollar, I'm on the sidelines now.
Posted by 10of13 on :
Mornin' guys...missed the open...I am in the green..LOL what's goin' on? Peaser what does you charts say? Or are they pretty much out the window at this point?
Posted by trade04 on :
sorry amswap go ahead now =)
Posted by Peaser on :
Well, 10, we've got a ways to go to get out of this downtrend IMO. lol
There is still an open gap at .03, so anything can happen.
Glassman, do you remember if GTEL ever had a gap that never filled? I do not recall, and he was in it way before I was last year, so hopefully he is still following along this chat.
I have never been involved with a stock that didn't fill a gap as best that I recall, but it can happen.
Posted by Egg Inspector on :
it has hit .06?
my alerts sent me a msg. XKEM up 50.00% to .06 from .04.
did it hit .06 or is my messenger just rounding up??
Posted by BooDog on :
berlin still isnt responding.
Posted by Peaser on :
.059 Egg, close but no cigar.
Posted by BooDog on :
added that link to my xkem file P we'll see if he see's the light eh?
Posted by phone_man on :
Anyone think we have seen today's high ?
Posted by BooDog on :
quote:Originally posted by BooDog: this should be the HOD IMO
I said this when it was .053 then it went to .059 lmao don't follow me M8
Posted by trade04 on :
quote:Originally posted by phone_man: Anyone think we have seen today's high ?
no way its the lunch time flat line...reversal happened today imo, and weshould see a nice close jmho of course
Posted by bond006 on :
This might move as soon as the MMs cover there shorts they I bet they unloaded a ton at .09 to .11> All we need now is a loan approval pr and some figures and away we go. I can't wait for Steve to get back I have a ton of questions.
Posted by BooDog on :
oh wait...i did say boing boing bounce a t .0442 though
Posted by madmoney on :
quote:Originally posted by BooDog:
quote:Originally posted by BooDog: this should be the HOD IMO
I said this when it was .053 then it went to .059 lmao don't follow me M8
HOD is .056, there was only 1 trade at .059 when the price was at .0559 it was a fat finger!
Posted by BooDog on :
I would use caution, there were some pretty big buys, may have been some averaging to cover and sell. JMO but I wouldn't expect much more out of today.
Posted by trade04 on :
oh stop it boo, your making me laugh lol
Posted by phone_man on :
Just trying to decide if this rides up some more to get out. Come in later when the price drops again.
Posted by amswap on :
Ya'll don't think we'll see .08 today? Posted by JF Glass Works on :
quote:Originally posted by phone_man: Just trying to decide if this rides up some more to get out. Come in later when the price drops again.
I'm in the same spot. trying to decide to get out soon for a later return or just hold em since they are all free shares anyway.
Posted by phone_man on :
My aren't free. I am averaged in at .065 so I would like to get in lower.
Posted by mnvestor on :
QUIN buying everything in sight..
Posted by BooDog on :
quote:Originally posted by trade04: oh stop it boo, your making me laugh lol
just on radar now GL
Posted by bond006 on :
Can somebody tell me why quin is buying all these shares and is sitting on the askes at .088
Posted by Egg Inspector on :
quote:Originally posted by BooDog: GSPI
what's this about Boo?
Posted by bond006 on :
amswap nice to have you back buddy
Posted by dollar13 on :
quote:Originally posted by mnvestor: QUIN buying everything in sight..
i see that ,nice to see him at the bid at this levels
Posted by Peaser on :
I guess that throws out my theory of QUIN being involved with diluting XKEM.
If we see QUIN move to the ask though, it could fall hard, so just be watching if you are in as I am.
Posted by Egg Inspector on :
quote:Originally posted by Purl Gurl: "kindly refrain from namecalling, or harrassing in any way."
Practice what you preach. You boys drew first blood.
When you boys began insulting me, threatening me, telling lies about me, you granted me an unlimited license to treat you as I please; you forfeited all your rights to respect.
Go whine and cry to your momma.
Coyote
LOL Posted by amswap on :
Keep us alerted Peaser, please?
Thanks bond. I was ticked yesterday that she got away with saying so much and I was trying to be good, but I guess I fell short. Started a new forum at pennyhelper.com during my absence.
Posted by Egg Inspector on :
quote:Originally posted by bond006: Just one thing I might add and it seems to me maybe us longs forget we know about the launch but how much of the world does not much of this may take a while yet to get out into the world investment community and medical community know and thats about it. imho
and I'm not sure if the'investment community and medical community' know what they have on their hands. I'm not sure that WE do for that matter. We will know when there are verifyable results, along with revenues....
as you referred to us Bond..."us longs", I hope we are all here to see
IMHO the Med. community's first reaction is "Yeah, another 'miracle cure'", they are probably pessimistic to say the least.
JO Eggs HO
Posted by BooDog on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by BooDog: GSPI
what's this about Boo?
I had a buy above the ask that wouldn't fill, the ask jumped back up on me leaving my fill in the dust, scottrade was too slow. I was using that as an example why I don't play the squeeze plays on small shifts of .005 - .015 range. someone asked me which stock it was.
Posted by maumee river rat on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by Purl Gurl: "kindly refrain from namecalling, or harrassing in any way."
Practice what you preach. You boys drew first blood.
When you boys began insulting me, threatening me, telling lies about me, you granted me an unlimited license to treat you as I please; you forfeited all your rights to respect.
Go whine and cry to your momma.
Coyote
LOL
Back-off Egg!!!
Lets keep the pease.....
Posted by maumee river rat on :
Peaser!!! Whats in the crystal ball???
Posted by Egg Inspector on :
quote:Originally posted by amswap: I call Steve at the number on the other pr and told him how disappointed many of us were that there was nothing to address the dilution rumor or their plans and forecasts of where this launch would take the company. I told him he needed to immediately realease another pr with some substance because this was all old news as far as the investors were concerned. I would suggest all of you calling as well and continue to call until they react.
nice to see you back....Ams Posted by BooDog on :
MM looks secure letting the sellers go without dropping pps...confidence?
Posted by Egg Inspector on :
Lunch......
BBS
Posted by amswap on :
quote:Originally posted by maumee river rat: Back-off Egg!!!
Lets keep the pease.....
I ain't sayin' a word!
Posted by maumee river rat on :
LOL!!!
You have alot of angst ams.....TAKE THE LUDE!!! LOL
Posted by E440 on :
Where is Peaser!
I need to confirm something.
Looking at the chart, I see a dip, then an upward trend. A smaller dip and now another upward trend. This trend, I think should break .06 around 1-1:30.
Then there may be an eod run.
Just what I see. I could be wrong and probably am. Don't want to be accused of Pumping!
New show on MTV "Pump my Stock"!
Posted by freddy79 on :
quote:Originally posted by amswap:
quote:Originally posted by maumee river rat: Back-off Egg!!!
Lets keep the pease.....
I ain't sayin' a word!
You must be really holding it ams , cuz I do understand how you feel and that's all im saying as well.
Posted by dollar13 on :
i don't know about you guys but i'll be happy is we close between 0.055 - 0.06 at least for today. "The 0.07 would be excellent"
Posted by SherriT on :
You guys know why it is doing well don't you? It's because I sold the rest of my position yesterday afternoon ;-)
I'm waiting to get back in, but my thoughts are with Steve not returning until the 14th, performance was questionable, so I am using my trading dollars to see if I can make anything between now and then. JMHO
Posted by E440 on :
Latest from Berlin: Statistic Daily overview Statistic
cur. Spread in %: 23,68 Today´s High: 0,044
Last price: 0,036 G Today´s Low: 0,035
Time: 16:24:13 Diff. in %: -20,00
Volume: - Diff. abs.: -0,009
Total Prices: 12 Open Price: 0,039
Total Volume: 214.000 Prev. Price: 0,04
Posted by amswap on :
Hey glass - is that whiner or winner?
E - Peaser mentioned about the 1:30 point, but I don't think he knew at the time which way to expect it to go.
Posted by E440 on :
quote:Originally posted by amswap: Hey glass - is that whiner or winner?
E - Peaser mentioned about the 1:30 point, but I don't think he knew at the time which way to expect it to go.
Thanks! Didn't see his post, just got back from the dentist.
Posted by bond006 on :
E440 new show pump my stock I think that comes on before pimp my ride
Posted by ajax40 on :
quote:Originally posted by bond006: E440 new show pump my stock I think that comes on before pimp my ride
Just like copperswap comes on before wife swap
Posted by trade04 on :
lollllll not to laugh but som eof you sound like you got burned and sold lol
Posted by Peaser on :
quote:Originally posted by maumee river rat: Peaser!!! Whats in the crystal ball???
I'm thinking that getting back above .055 by 12:50 would be nice.
For any chance of seeing a green day again tomorrow, I believe that we need to break and close above .06 today.
Posted by Peaser on :
It's way too early to tell if this has actually broken the short term down turn so to speak.
It's only one green day so far.
I mentioned earlier this morning that the 1:30 pennant was allready broken for anyone who missed it.
Posted by maumee river rat on :
quote:Originally posted by Peaser: It's way too early to tell if this has actually broken the short term down turn so to speak.
It's only one green day so far.
I mentioned earlier this morning that the 1:30 pennant was allready broken for anyone who missed it.
It hasn't iIMO....I would like to see it get over 056 now....that would put a little support under it even though it's a declining support line...a break above the 062 area in the next hour would be even better....I'm lookin at the channel Peaser....with the 056 # comming off the last two peaks as mionor resistance....seeit???
Posted by E440 on :
That QUIN sure has been at the top of the bid list for a long time. Wonder why? ARCA just joined him....with a 99K
Posted by Peaser on :
Needs to hold .0529 here or else it could fall to the .051's IMO.
Posted by maumee river rat on :
YUP!!!
Posted by Peaser on :
quote:Originally posted by maumee river rat:
quote:Originally posted by Peaser: It's way too early to tell if this has actually broken the short term down turn so to speak.
It's only one green day so far.
I mentioned earlier this morning that the 1:30 pennant was allready broken for anyone who missed it.
It hasn't iIMO....I would like to see it get over 056 now....that would put a little support under it even though it's a declining support line...a break above the 062 area in the next hour would be even better....I'm lookin at the channel Peaser....with the 056 # comming off the last two peaks as mionor resistance....seeit???
Yup, I've been eyeballin' it for a while now.
Posted by 10of13 on :
quote:Originally posted by E440: That QUIN sure has been at the top of the bid list for a long time. Wonder why? ARCA just joined him....with a 99K
It's been crazy here this morning...haven't been watching L2's...
peaser didn't you say be ware of quin? Is he dumpin'?
Posted by Peaser on :
Beware of him on the ask.
I've seen him bring this to it's knees a few times this year.
Once it tops out, look out for him IMO.
Posted by trade04 on :
QUINN is doing a mo back, Millions of dollars worth bought by MM quinn..
Posted by Egg Inspector on :
already went by my Volume call, and I hope to be equally wrong on the PPS
Posted by Peaser on :
If it can break .0545 here, the channelling looks to be over.
Posted by maumee river rat on :
Don't see it that way Peaser....062 would get it above the channel at this time...
Posted by E440 on :
.055
Posted by amswap on :
It's slowly getting there maumee.
Posted by Peaser on :
Looks like a bullish flag was just broken out of on the One day minute chart IMO.
Compare your One day minute chart with the bullish flag in the link below. Notice the two Lower highs and the two lower bottoms after the today's top. http://www.chartpatterns.com/flagsandpennants.htm Posted by maumee river rat on :
thats huge resistance there ams....don't know if it will make it...
Posted by Peaser on :
I see the other channel that you were speaking of I think maumee. .0557ish looks to be the next resistance of it IMO, if I am seeing what you are.
Posted by Peaser on :
Needs to hold .0534 here or it could see .0519ish IMO.
Posted by maumee river rat on :
Somewhares in there....YUP!!!
Posted by Egg Inspector on :
hello all, back from lunch.....
what's happening?
......good tings, good tings......Alec Baldwins character in 'Along came Polly' Posted by Peaser on :
I dislike Alec Baldwin Egg, or maybe it's his brother. lol
Posted by Egg Inspector on :
quote:Originally posted by maumee river rat:
quote:Originally posted by Egg Inspector:
quote:Originally posted by Purl Gurl: "kindly refrain from namecalling, or harrassing in any way."
Practice what you preach. You boys drew first blood.
When you boys began insulting me, threatening me, telling lies about me, you granted me an unlimited license to treat you as I please; you forfeited all your rights to respect.
Go whine and cry to your momma.
Coyote
LOL
Back-off Egg!!!
Lets keep the pease.....
I am jaggin Maums.... this can't go one way only, in that regard I agree with Ams... "and that's all I have to say about that" Posted by maumee river rat on :
quote:Originally posted by Peaser: I dislike Alec Baldwin Egg, or maybe it's his brother. lol
YUP! YUP! DOUBLE YUP!
Posted by Peaser on :
QUIN looks fairly tame on the Ask so far.
Might just be a head fake.
Posted by Jo4321 on :
quote: I am jaggin Maums....
Uh, Egg, only people from Pittsburgh know what that means.
Jo Pgh girl (gotta go redd up my kitchen now, someone left the jumbo out)
Posted by amswap on :
quote:Originally posted by maumee river rat: LOL!!!
You have alot of angst ams.....TAKE THE LUDE!!! LOL
Took the lude, dude!!!! Thought I saw .16 for a second there! Posted by Peaser on :
I'm waiting to see what happens as everyone else is I guess.
Posted by maumee river rat on :
quote:Originally posted by Peaser: Should turn here IMO.
Needs to get back above .0525.
I was out for a bit ....Not sure if it is done on the down side yet....monitoring
Posted by 10of13 on :
Looking at the charts...this is similar to what it did yesterday....and at the end of the day it pulled back...is that what you are seeing?
Posted by trade04 on :
moving up on low volume great sign
Posted by maumee river rat on :
not sure 10....that last dipshould be it for a bit...must get above 055 before 3:00......Peaser???
Posted by 10of13 on :
looks like it was about 3:15-3:45 yesterday that it just started south again...I am just no good at reading the "support" levels, so to speak, as Peaser and Maumee are...I'll get there...
Posted by BooDog on :
missed my vol a bit
Posted by Peaser on :
If it can get above .052 here soon, it may run.
If not, it may close around .0506ish IMO.
Posted by trade04 on :
peaser stfu already all day uve been talking the same siht lmao go to sleep
Posted by dollar13 on :
If we close green today, tomorrow it might gap up.
Posted by Peaser on :
Good night. .0493 guess for close + dip tomorrow.
Posted by BooDog on :
thought i'd be close with .053 and 160M looks like ppl wanna see a paycheck 1st.
Posted by freddy79 on :
That's it I cant take it anymore , tomorrow when it goes up again like its being doing the last few days im out. But I will keep my eye on it, this is just too much. Good luck to all that are gonna be holding still
Posted by Egg Inspector on :
now...right now is where I think there is some 'games' being played. this stock held it's own, the entire day. .05's not-withstanding, it was finding it's own 'supported base level'. no coincidence that at the end of the day we 'adjust' back down.
there couldn't be THAT much profit taking after today!
there may have been more support building but the daytraders had this one IMO. probably do more of the same tomorrow but may end up lower. So much for my pick eh? I'm on the outside looking in now anywho so i might be a basher or a pumper.
Posted by maumee river rat on :
I'm all the way out now....I will monitor.....see you all again in the03's....It's been a fun ride....made some good $$$ on this.....not done with it by a long shot.....
Must focus on family matters for a bit anyways...
Seeya all later...
Posted by freddy79 on :
quote:Originally posted by Egg Inspector: now...right now is where I think there is some 'games' being played. this stock held it's own, the entire day. .05's not-withstanding, it was finding it's own 'supported base level'. no coincidence that at the end of the day we 'adjust' back down.
there couldn't be THAT much profit taking after today!
JO Eggs HO
That's why I been thinking too egg, there has to be something fishy going on. Maybe all those rumors or dilution may come up to be true. I'm going to so some real thinking today after work to see if I really want to pull the plug on my shares , it's just so frustating seeing this see saw games Posted by Peaser on :
Out too today.
Posted by Egg Inspector on :
maybe, in the scheme of things, this wasn't such a bad day...
-stopped the bleeding with the .01 per day slide
-maybe .045 is the bedrock?
I don't have a clue what that means, except I think I am trying to determine if Xechem has a $0.00 point where it has FULL support.(currently won't go below)
Posted by Egg Inspector on :
L2's saying last trade at .0461
big wuup!
Posted by Egg Inspector on :
thoughts?
Posted by phone_man on :
Too many people flipping on this stock. Will be this way until more longs get in and actually hold onto their shares.
Posted by maumee river rat on :
quote:Originally posted by Peaser: Out too today.
Yup ...
Good move IMO
I have minor support at around 038....then nothing to really stop it untill 029 +
026 possible now
Posted by freddy79 on :
quote:Originally posted by phone_man: Too many people flipping on this stock. Will be this way until more longs get in and actually hold onto their shares.
Yeah flippers got a good hurt stock and their flipping the hell out of this, tomorrow I might join them , this stock needs that damm 8.2 million loan approved PR, I think that might turns things around. Posted by Egg Inspector on :
on the day:
17 positions-
7 up 3 down 7 even
and I managed to lose -$2.54
.......and I was having a good day to Posted by maumee river rat on :
only flipped this twice....and it was a while ago....God knows I had a bunch more ops. than that...(kicks self in ass) Oh well...
Good luck with it guys....I just cant see given those blastards my proffits......
Posted by Egg Inspector on :
going back to review from pg.28
Posted by maumee river rat on :
quote:Originally posted by Egg Inspector: on the day:
17 positions-
7 up 3 down 7 even
and I managed to lose -$2.54
.......and I was having a good day to
LOL
Cheep entertainment Egg!!!
GL
Posted by bond006 on :
I was going to wait until I talked to Steve but I have to rethink that now this is sinking like a rock and our folks are bailing. The approval and all that really ment nothing I thought we would run until .20 made a terrible mistake on this one damn all that fighting that went on got my mind off of things glta I have to think
Posted by 10of13 on :
quote:Originally posted by maumee river rat: I'm all the way out now....I will monitor.....see you all again in the03's....It's been a fun ride....made some good $$$ on this.....not done with it by a long shot.....
Must focus on family matters for a bit anyways...
Seeya all later...
Hope it gets better Maumee...positive thoughts comin' your way! Hang in there!
Posted by bond006 on :
HAHAHA Big daddy called this wright he said we would have a memorable close
Posted by amswap on :
bond, when you talk to him, see about a real pr! We need some revenue questions answered and the dilution rumer addressed immediately. The more they can give us the better. If they would be more transparent, then more would be inclined to support them and at better prices! He needs to know that we are tired of prs after we already know. Makes it more like they are telling us old news. People expected more from this one. At least I did.
Posted by phone_man on :
I'm selling next window I can. Get back in later on cheap shares. I should have sold at around .053 and cut my losses.
Posted by maumee river rat on :
You were not alone on that thought ams...
thanks for you thoughts 10!!!!
Posted by BooDog on :
quote:Originally posted by phone_man: Too many people flipping on this stock. Will be this way until more longs get in and actually hold onto their shares.
I'd be extra careful with that type of thinking phone. longs are holding a t .001 to .03 max IMO.
Posted by BooDog on :
quote:Originally posted by amswap: bond, when you talk to him, see about a real pr! We need some revenue questions answered and the dilution rumer addressed immediately. The more they can give us the better. If they would be more transparent, then more would be inclined to support them and at better prices! He needs to know that we are tired of prs after we already know. Makes it more like they are telling us old news. People expected more from this one. At least I did.
No answer yet on my e-mail to their site about share structure, def. not wasting another call to that secretary....although she did have a good phone voice..lol
Posted by bond006 on :
I will certainly tell you anything I know or hear What I need to know can only come from steve
Posted by Egg Inspector on :
I am definitely long here. I have made no ifs, ands, or buts about that. I have decided, with my DD that this one WILL be good. so, anything I offer will seem to be too optimistic.
most will feel I have patience beyond reason. I don't. on some positions I am just a frustrated. I just keep the 'big picture' in mind.
My 'big picture' is a medicine to become possibly the standard maintenance med for SCD. that has to be bank IMO. I believe that if that be the case, at some point one of the big boys gotta be interested. Bank again. either way I see $.
JO Eggs HO so I will see you here, tomorrow, next week, next month, etc...etc...etc...
all who know me, know that I have not changed my tune at .03, or at .11, nor at .046 today. consistency. persistance and consistance is my motto Posted by quickpicker on :
I am with you Egg. I am holding as well. I beleive this company has potential to do well. I will ride this out and see where it goes. I will not dump this just for the sake of dumping. See you next week, month etc.
Posted by bond006 on :
A big part of the what happened in my opinion is that the high of .11 the news of approval was already built into that price so many people said that they were selling into the news and they did. That has caused a lot of this frenzy and after a while it feeds on itself until it runs its course
Posted by leavenart on :
The thing that bothers me about this stock as a long position Eggs, is the fact that as an herbal medication there are less restrictions on the other companies developing a copy drug. Companies with existing functioning factory and plenty of money to produce. I would buy this stock again, but I also think you need to consider all the ramifications of tying your money up for a long time. Believe me I have been there myself. Good luck.
Posted by phone_man on :
I didn't mean to offend the longs on this board by my previous comments. I was just frustrated about the sell off this morning and this afternoon after the PR.
I just have a crappy position right now.
Posted by bond006 on :
What I missed was the run only going to .11 we had the volume and news to take it to .20 is what I thought and the trading paterns changed on the stock .08 was the siginal that we were changing rebounds and bounces dried up or became very small
Posted by phone_man on :
Posted by bond006 on :
Another thing today was Acumulating like crazy and the trading pattern was positive. Wright at the end of the day Quinn backed off his bid and let it tank to .046 which means look for a gap down in the morning and if they don't play games a recovery in the afternoon. But this leaves one question open why is Quinn acumulating so heavy and it is obivious that he wants more tomarrow? Is there any thoughts on this. I am perplexed thinking of anything from good news or oparh
Posted by phone_man on :
No one on Ihub knows what Quin is up to either. He was buying up all the shares and why were people selling? Panic ?
Posted by 10of13 on :
Panic is my guess...also the "pr" was not informative...it was just a little "fluff like"
XKEM will need to put out some real facts and answers in order to gain the trust back. As i read some of the boards over the past few weeks..there was allot of mention to the .10 mark...the day that it started to really fall was the first day that it hit .10...and lots of people stuck to their plan..out at .10...followed by a huge "panic" sell...and then complete confusion on what the heck happened...lost faith now...
Perhaps after the 14th if XKEM comes out with some factual PR's...it will begin to turn...until then....I see slow slides to red...
I'm completely out at this point...but I DO THINK That this has potential...it will go places...but I am not in the investment mode with this as of yet...if all comes to light with XKEM...it has some major potential..DOWN THE ROAD! IMO...
GLTA...and let's hope we all haven't been fooled...
Posted by bond006 on :
I heard a figure over there they think Quinn bought 125million shares I can only guess but that seems about right to me. I know that he just out bid everybody, until the end of the day
Posted by amswap on :
Sounds like he'll have to move the price up to dump them all. What margin do they usually work on?
Posted by bond006 on :
well he was setting on an ask of .088 all day now I think that was to just so he could concentrate on buying not selling
Posted by phone_man on :
You think Quin is going to do a major flip on this stock?
Posted by amswap on :
quote:Originally posted by phone_man: You think Quin is going to do a major flip on this stock?
That's the only way they make money. I thought the mm's bought by filling orders coming across their desk. Was he buying for the company he works for or executing orders? Either way, will he now drive up the price to sell his company's buys or to execute the sell orders and at what price?
Posted by Bearclaw on :
Some buying the last few minutes ...folks thinking this will gap up...Daytraders will start to get off this stock soon...I don't think anyone can predict the rest of this week...There was good accumulation and strength most of the day and then the sell off...but...it held fine for the volume that sold the last 1/2 hour...This will certainly be interesting...Just need to let all the manic trading slow down some...
I'm in at a price I feel good about and holding but I may start swing trading if a predictable pattern starts...otherwise I'll just sit back and enjoy...This is going to be a good stock for both longs and folks who swing trade...It's a win win situation IMO...Good luck folks...
Posted by bond006 on :
How are you bear I haven't seen you in a while I hope all is well
Posted by Bearclaw on :
Doing well thanks Bond...How are things with you? Are you in this play? What a learning process for new folks...This was and is a money maker still...PLNI is getting ready soon also so am gearing up for that one to wake up this month...Are you watching that still? Take care buddy...
quote:Originally posted by bond006: How are you bear I haven't seen you in a while I hope all is well
Posted by phone_man on :
Park Financial Group belongs to the exclusive group of Broker/Dealers making markets in NASDAQ and OTC-BB stocks under the symbol (QUIN). We typically make markets in active stocks or companies we have a specific interest. Our interest may be on behalf of a client or colleague, and we can enter the market of any particular issue within a reasonable time frame. (Time frame determined by the amount of time needed to perform appropriate due-diligence). As the extensive list of stocks we make markets in changes weekly, we have declined listing them here. We are happy to provide a current list upon request. Due to the increasing computerization of the equity capital markets, we can also offer no-fee wholesale NYSE or AMEX orders.
Posted by bond006 on :
Ok Bear I always keep an eye on plni there is a soft spot in my heart for that stock yes I am here to got in in the begining got greedy and did not flip now I am riding
Posted by Bearclaw on :
You got in at the beginning...hahahahaha...You must have needed oxygen or some Jack Daniels to get you through that ride...What a blast off...I'm riding with you...see you in the A.M.
quote:Originally posted by bond006: Ok Bear I always keep an eye on plni there is a soft spot in my heart for that stock yes I am here to got in in the begining got greedy and did not flip now I am riding
Posted by bond006 on :
A good repost
Posted by: Mr Pennypacker In reply to: None Date:7/11/2006 7:04:07 PM Post #of 23484
When I get discouraged I ask myself…
Why would President Obasanjo even bother launching Nicosan or dealing XKEM if he thought that this treatment wouldn’t help his people or that the sickle cell sufferers of the world didn’t need it?
Would it be reasonable for me to assume that Obasanjo would do everything in his power (including using his diplomatic connections) to ensure the success of this effective treatment? After all he did personally launch Nicosan, right? Or was he just farting his time away and making empty promises on a public stage at that?
Now that the drug is officially launched (in Nigeria, by the President of Nigeria) do you think that it will not be provided to Nigerians? Doesn’t Nigeria have the largest concentration of sickle cell sufferers on the globe?
Do you believe that the Nigerian government does not want any part of the $150 mil in annual royalties? I wonder, would I not?
Maybe Obasanjo launch Nicosan nation wide with the sole intention of selling it to only the richest Nigerians? Will that small group of rich citizens will rake him in that $150mil on $20 monthly treatments of Nicosan alone?
Let’s start asking ourselves the right questions and stop dealing with speculation. We can read between the lines enough until it is eventually laid out for everyone to see. If we are true longs then we must stick to the fundamentals, period. When we play into rumor and speculation we give power to the short position as rumor and speculation are their fundamentals. If you are short sellers and you are making money off of XKEM then more power to you. Every dog will have its day. (long or short)
IMO we will most likely see more drops without revs that will lead to more panic sells and regretfully yes, more red in our portfolios. I just believe that there is ripe market out there for XKEM just over them “ASK” hills.
Note: I did NOT gear this to persuade you to buy, sell or hold. Frankly, I could care less about what any of youz does with your hard earned money. This was written for those who think of, or have had thoughts similar to mine.
GLTA
P
Posted by Egg Inspector on :
quote:Originally posted by bond006: A big part of the what happened in my opinion is that the high of .11 the news of approval was already built into that price so many people said that they were selling into the news and they did. That has caused a lot of this frenzy and after a while it feeds on itself until it runs its course
Bond, I don't know your experience level, I am a newB but...OK, in your experience, after it runs it's course, what is the probable scenario?
Posted by dollar13 on :
This is probably why we close down.
trade at 0.0482_________100 shares_________time 15:46
MM signal 100 = i need shares.
droping the price causing a panic sell...
Posted by T e x on :
quote:Originally posted by dollar13: This is probably why we close down.
trade at 0.0482_________100 shares_________time 15:46
MM signal 100 = i need shares.
droping the price causing a panic sell...
d13, that "code" is all over the 'Net...
Posted by Redwinger on :
bond,
Bingo, you said exactly what I was thinking for the past week.
I am with you on your whole post Red
Posted by T e x on :
Bond? Redwinger? You guys *are* kidding, right?
Posted by Relentless on :
quote:Originally posted by dollar13: This is probably why we close down.
trade at 0.0482_________100 shares_________time 15:46
MM signal 100 = i need shares.
droping the price causing a panic sell...
Panic sell? LOL.. Yeah that little 100 share order is going to cause panic the drop from .11 didn't... Man I love the entertainment in pennyland..
Posted by 10of13 on :
quote:Originally posted by T e x: Bond? Redwinger? You guys *are* kidding, right?
Tex... Everyone has there opinions...and thoughts..and that's what they expressed...their opinions and thoughts... Everyone should be wise to have their own...and not "act" on someone else's...right???!!!!
Posted by trade04 on :
quote:Originally posted by Relentless:
quote:Originally posted by dollar13: This is probably why we close down.
trade at 0.0482_________100 shares_________time 15:46
MM signal 100 = i need shares.
droping the price causing a panic sell...
Panic sell? LOL.. Yeah that little 100 share order is going to cause panic the drop from .11 didn't... Man I love the entertainment in pennyland..
lol dont laugh when people start with that they are just noobs, no offense. no such thing as mm signals man go xkem!
Posted by dollar13 on :
rentforless I was talking about today check your time and sells "today" .
Posted by T e x on :
quote:Originally posted by 10of13:
quote:Originally posted by T e x: Bond? Redwinger? You guys *are* kidding, right?
Tex... Everyone has there opinions...and thoughts..and that's what they expressed...their opinions and thoughts... Everyone should be wise to have their own...and not "act" on someone else's...right???!!!!
you read the post?
Posted by bond006 on :
Excuse me I just got back from working out and sparing.
What I feel triggerd the down turn was all the buy volume that went into the stock at least 3 weeks before the launch and approval I think it pushed the ppe to .11 look at all the people that said they were selling into that before it happened. W4e had no run at the time of approval or launch what we had were sells and lots of them no this is healthy and I think its almost over before we start to go up again or you can believe in dilution . but today just the oppisite happen can you think of what the blood bath would have been if it wasn't for quinn buying like a mad amn. People that counted said he bought 125million shares today
Posted by dollar13 on :
what happend in the end of the day is just another example of MM MANIPULATION THAT IT.
Posted by Relentless on :
quote:Originally posted by dollar13: rentforless I was talking about today check your time and sells "today" .
Couldn't possibly care less, buck-ten soaking wet.
Posted by Egg Inspector on :
quote:Originally posted by leavenart: The thing that bothers me about this stock as a long position Eggs, is the fact that as an herbal medication there are less restrictions on the other companies developing a copy drug. Companies with existing functioning factory and plenty of money to produce. I would buy this stock again, but I also think you need to consider all the ramifications of tying your money up for a long time. Believe me I have been there myself. Good luck.
you make a good point leaven, that I did not consider......Hhmmm:
quote:"as an herbal medication there are less restrictions on the other companies developing a copy drug."
Posted by 10of13 on :
LOL..yes Tex I did... Just trying to remind people to not go with the hype on these boards... Do your DD...and come up with your game plan... Be careful "believing" what you read...
Posted by bond006 on :
dollar 13
what happend in the end of the day is just another example of MM MANIPULATION THAT IT.
-------------------- making money now. to a big degree we know that right at the end quinn lowerd his bid price bought one more time and stopped now we will see what we do in the morning
Posted by T e x on :
quote:Originally posted by 10of13: LOL..yes Tex I did... Just trying to remind people to not go with the hype on these boards... Do your DD...and come up with your game plan... Be careful "believing" what you read...
the logical fallacy is that post is *glaring," lol
When I'm actually "on-thread" with something we're working? I *want" my "thread-mates" watching my back...
Instead, you got folks handin' out Kool-Aid....
Posted by bond006 on :
Tex what do you see that is so far fetched about that it is just an opinion you know as much as I do the smart money is already in before the avent. A big run most of the time happen before the news you had a lot of people leaking the news including the IR then we had pr's also. The fact is when the news came nobody cared and there was a massive sell off that I think is almost over. tomarrow will tell a lot dilution or my guess .I know that you think I am crazy you almost said so no body has to believe it and had I known it would have caused such an uproar I would have kept it to myself.
Posted by Egg Inspector on :
quote:Originally posted by bond006: Another thing today was Acumulating like crazy and the trading pattern was positive. Wright at the end of the day Quinn backed off his bid and let it tank to .046 which means look for a gap down in the morning and if they don't play games a recovery in the afternoon. But this leaves one question open why is Quinn acumulating so heavy and it is obivious that he wants more tomarrow? Is there any thoughts on this. I am perplexed thinking of anything from good news or oparh
quote:"why is Quinn acumulating so heavy and it is obivious that he wants more tomarrow? Is there any thoughts on this."
IMHO the MM's know things that we do not, or the people instructing them certainly do. in the simplest terms- 'one accumulates because of perceived value'- I think?
the confirmed institutional buys on XKEM have been:
5-6% per day and month Institutional listed, as I've watched them.
there has been 'low coverage' the last few days, but the averages hold.
I have been told, by much more experienced traders here at AllStocks, that very few OTC and Pinks have Institutional investment. this has to be a good indicator. that there is 'long-term potential' when major brokerage firms which typically trades on behalf of major mutual funds/portfolio managers are steadily buying an OTC/Pink.
month avg.:
5% - Institutional 38%- Retail 57%- Non I-Watch
Things to look for:
-Institutional - A trade reported by a major brokerage firm which typically trades on behalf of major mutual funds/portfolio managers. While these firms also have retail branches, the amount of trades reported on behalf of institutional investors dwarfs the limited amount of retail trades that are reported. Additionally, institutional broker/dealers often maintain internal house trading accounts as "market makers." When these firms report their activity, it is impossible to determine whether the trades were executed on behalf of an institutional client or for the firm's own house trading accounts. While trading patterns for institutional clients and house accounts tend to differ, the fact that "Big Money" is behind the trades means that these investors/traders have the ability to move markets.
-Retail - A trade reported by a broker that primarily executes on behalf of retail investors such as Charles Schwab's Mayer Schweitzer.
-Non I-Watch - This portion of the chart refers to trades not reported over Thomson's proprietary communications network. Broker participation is voluntary, so it is rare that all trading volume is accounted for. These trades can be related to either institutional or retail trading.
JO Eggs HO
Posted by bond006 on :
I hope you and I are talking about the same thing the repost from I hub I was showing you a sarcastic person sorry it not me
Posted by 10of13 on :
So do you want for "us" to only post FACTS... and no opinions? Does every "postive thought" need to be backed up with some sort of "fact" or a negative? I'm not trying to be a pain...honest...just askin' what it is that "we" need to do?
My hope through all of these threads is that people need to remember to not fall for the hype...the hype is going to get posted...and reminders to people that they need to remember it is hype...and may not come through...
I'm out of this stock...but I am watching...Peaser, Maumee, Stock and several others said that they were out as well...there are a few newer posters...some that seemed to maybe come in towards the end of the run...this is done for now...IMO
Be careful people...Do your DD...and play your game...but protect you Capital...!
Posted by Egg Inspector on :
I didn't pick the above OTC/Pinks in any order. just some of mine that are doing well, and the 'most actives under.10'on AllStocks from today.
Posted by 10of13 on :
Egg..in regards to your post about the institutional buys...and I could be wrong...but I am not sure that we have any way of knowing when or if those buys have already been sold...perhaps they are "flipping" as we do...can't say for sure..but IMO..no "institution" is going to buy and hold a penny...but "play" a penny...maybe???
Posted by amswap on :
I had some catching up to do reading this thread and I have to say that there are some very witty people here. Very clear who is for and against this stock. I am very uncertain either way. I only have 20k shares left in it and I would still like to think it has possibilities. There are several positives here and there are some negatives that are actually legitimate. I will let my 20k shares ride and see what happens. I have been burned in the past by being in a stock too long and if anything this one has taught me an even greater lesson. I already knew the lesson, this one confirmed that I need to put it into play and stop getting caught up in any hype. That lesson is to get in and get out. Set your target price when you get in and get out when you hit that target. If it dips and there may be a play, jump back in with the very same goal in mind. Make some money and run. Whether you do it 10 times with this stock or with 10 different stocks makes no difference. Hit and run. Pennyland is the one place this is comletely legal and nearly required to get from point A to point B and come out a winner.
Posted by T e x on :
quote:Originally posted by 10of13: So do you want for "us" to only post FACTS... and no opinions? Does every "postive thought" need to be backed up with some sort of "fact" or a negative? I'm not trying to be a pain...honest...just askin' what it is that "we" need to do?
My hope through all of these threads is that people need to remember to not fall for the hype...the hype is going to get posted...and reminders to people that they need to remember it is hype...and may not come through...
I'm out of this stock...but I am watching...Peaser, Maumee, Stock and several others said that they were out as well...there are a few newer posters...some that seemed to maybe come in towards the end of the run...this is done for now...IMO
Be careful people...Do your DD...and play your game...but protect you Capital...!
lol, 10...
Imagination is intregral. First, you have to "imagine yourself" doing this, eh? Imagination is critical: What if? Well if that, what if this? Good DD "goes by the book;" the best DD is inspired...
That particular post? Let's say I'm reacting, "Wow" or whatever... I would *hope* you might say something like, "Ya, good idea, Tex, but look at the problems with that post."
To deconstruct:
"Maybe Obasanjo launch Nicosan nation wide with the sole intention of selling it to only the richest Nigerians? Will that small group of rich citizens will rake him in that $150mil on $20 monthly treatments of Nicosan alone?
Let’s start asking ourselves the right questions and stop dealing with speculation. We can read between the lines enough until it is eventually laid out for everyone to see. If we are true longs then we must stick to the fundamentals, period. When we play into rumor and speculation we give power to the short position as rumor and speculation are their fundamentals."
emphasis added, mine:
Notice the bold: starts with "Maybe" and leads into "stop dealing with speculation."
Although the"idea" in and of itself can *not* be wrong ("it's only an idea; we're brainstorming, here")--the resultant premise is contradictory. Boiled down ---> "Maybe we should stop doing maybe. But I like my maybe. So take my maybe."
Next bold: "true longs stick to the fundamentals" Second premise---> You wanna be loyal, right? Gotta stick to the basics (which is my maybe)...
Then the italic: the "close" -->rumor and speculation are bad! We hate Shorts!
... all based upon the poster's *speculation...and, as far I know, BRAND NEW RUMOR*
* and, ya, about dem newbs just getting in... ahem *
Am i saying take the time to "deconstruct" *every* fallacious argument? No....
but if you see me missing one, I'd appreciate the hedzup...
will do the same...
(btw, there's at least four logical fallacies at work herein; the formal names escape me, but Beedge prolly remembers 'em. Anyway, arguments framed thusly are usually totally newb-ignorant, or misleading on purpose...)
Posted by amswap on :
Tex, I have to hand it to you. You are one of the few people that don't like this stock much who take the time to let others know why and I applaud that. Negative positions are good. Food for thought even when some of us are stuffed. Constructive arguments are the fundamental benefit to being a part of these boards.
Posted by Egg Inspector on :
quote:Originally posted by 10of13: Egg..in regards to your post about the institutional buys...and I could be wrong...but I am not sure that we have any way of knowing when or if those buys have already been sold...perhaps they are "flipping" as we do...can't say for sure..but IMO..no "institution" is going to buy and hold a penny...but "play" a penny...maybe???
Maybe...
maybe they are flipping. Maybe they aren't. I did not say they were holding. In fact I have no oinion on it either way.
my point was very few OTC/Pinks get any Institutional investment dollars, flip or not.(and lets agree, fund Mgr's are handling 'Investment Dollars')
XKEM has stood out in that regard, PERIOD. this was my only point.
you can check the links Posted by Egg Inspector on :
quote:Originally posted by T e x:
quote:Originally posted by 10of13: So do you want for "us" to only post FACTS... and no opinions? Does every "postive thought" need to be backed up with some sort of "fact" or a negative? I'm not trying to be a pain...honest...just askin' what it is that "we" need to do?
My hope through all of these threads is that people need to remember to not fall for the hype...the hype is going to get posted...and reminders to people that they need to remember it is hype...and may not come through...
I'm out of this stock...but I am watching...Peaser, Maumee, Stock and several others said that they were out as well...there are a few newer posters...some that seemed to maybe come in towards the end of the run...this is done for now...IMO
Be careful people...Do your DD...and play your game...but protect you Capital...!
lol, 10...
Imagination is intregral. First, you have to "imagine yourself" doing this, eh? Imagination is critical: What if? Well if that, what if this? Good DD "goes by the book;" the best DD is inspired...
That particular post? Let's say I'm reacting, "Wow" or whatever... I would *hope* you might say something like, "Ya, good idea, Tex, but look at the problems with that post."
To deconstruct:
"Maybe Obasanjo launch Nicosan nation wide with the sole intention of selling it to only the richest Nigerians? Will that small group of rich citizens will rake him in that $150mil on $20 monthly treatments of Nicosan alone?
Let’s start asking ourselves the right questions and stop dealing with speculation. We can read between the lines enough until it is eventually laid out for everyone to see. If we are true longs then we must stick to the fundamentals, period. When we play into rumor and speculation we give power to the short position as rumor and speculation are their fundamentals."
emphasis added, mine:
Notice the bold: starts with "Maybe" and leads into "stop dealing with speculation."
Although the"idea" in and of itself can *not* be wrong ("it's only an idea; we're brainstorming, here")--the resultant premise is contradictory. Boiled down ---> "Maybe we should stop doing maybe. But I like my maybe. So take my maybe."
Next bold: "true longs stick to the fundamentals" Second premise---> You wanna be loyal, right? Gotta stick to the basics (which is my maybe)...
Then the italic: the "close" -->rumor and speculation are bad! We hate Shorts!
... all based upon the poster's *speculation...and, as far I know, BRAND NEW RUMOR*
* and, ya, about dem newbs just getting in... ahem *
Am i saying take the time to "deconstruct" *every* fallacious argument? No....
but if you see me missing one, I'd appreciate the hedzup...
will do the same...
(btw, there's at least four logical fallacies at work herein; the formal names escape me, but Beedge prolly remembers 'em. Anyway, arguments framed thusly are usually totally newb-ignorant, or misleading on purpose...)
excellent post.....for an exceptional thinker
you da man Tex!
Posted by Purl Gurl on :
Ten of Something writes,
"I'm not trying to be a pain..."
Another Purl Gurl in the making.
That is exactly how I started out on discussion boards, many years back.
Eventually you will lose the "pain" part and start laying it out, with reality.
Purl Gurl
Posted by T e x on :
Amswap,
I could type 2,000 words right now, lol...
but merely to clarify...my "deconstruction" has nothing to with the stock, per se... I'm "against" that post (and similar), and *for* "watching each other's backs."
Posted by Up on :
Tex, clean up some room in your mailbox!
Posted by amswap on :
You clarify my point. The difference between you and others is that you do it with class. There are some who can't spell the word and mistake us for pumpers when they obviously choose not to read what is stated. For or against, as long as its done without all the nonsense, is good for all.
Posted by T e x on :
"excellent post"
thanks...
could think critically before I got here...then I had some really good teachers... Posted by amswap on :
Those of us who don't already think we know it all look to learn from some of the best here as well.
Posted by BooDog on :
Cheers. Good discussion
Posted by T e x on :
quote:Originally posted by Up: Tex, clean up some room in your mailbox!
OK! SHEESH! lol, hadn't even took a bath, yet... Posted by Up on :
Forget the bath, you're a Texan. You'll just get all dust and tumbleweed covered again.
Posted by T e x on :
quote:Originally posted by Up: Forget the bath, you're a Texan. You'll just get all dust and tumbleweed covered again.
not for a few hours, though .... Posted by Up on :
Only if you stay inside.
Posted by 10of13 on :
I can "challenge" a persons post...the problem I have with this particular stock..is that I think XKEM might have something...and I am not sure I want to "lead a person" down the wrong path...
Hense..."I" post that I am out...and be careful of the hype...protect your capital...blah blah blah...and I find that if you come "on too strong"...people forget that you might be "right" and the attacks start coming...and the point of the stock gets forgotten...this thread has been a real nightmare the past few days...
But yeah...for the past few days...I wanted to just hollar..."Dump! Sell! Get the Heck out!"...but I have nothing to back that up...nothing but what I have seen and gone through before...the past few days have been nothing but speculation as to what everyone thinks will happen or has happened...After the 14th...perhaps light will be shed...
Tex...I usually try to help...but this one...to torn to help...so I post...Protect your Capital!
Posted by Jo4321 on :
Purl Girl wrote:
quote: Ten of Something writes,
"I'm not trying to be a pain..."
Another Purl Gurl in the making.
God help us all. Posted by Purl Gurl on :
Tex yee-haws,
"hadn't even took a bath, yet... "
Yeah, I noticed right off.
* coughs *
Purl Gurl
Posted by 10of13 on :
quote:Originally posted by Jo4321: Purl Girl wrote:
quote: Ten of Something writes,
"I'm not trying to be a pain..."
Another Purl Gurl in the making.
God help us all.
Hmmm not sure if I should agree, say thank you or get quite pissed...
But I will say this..if I can become have the "trader" as Purl...I will be one happy Momma!
Posted by Up on :
Dueling pictures maybe?
Posted by Egg Inspector on :
quote:Originally posted by Egg Inspector:
quote:Originally posted by T e x: [QUOTE]Originally posted by 10of13: So do you want for "us" to only post FACTS... and no opinions?................... .......................................................Tex)..................... ................................................................................ ..............................Tex)..............................Tex)............ ..........Tex).................................................................. ........................... (btw, there's at least four logical fallacies at work herein; the formal names escape me, but Beedge prolly remembers 'em. Anyway, arguments framed thusly are usually totally newb-ignorant, or misleading on purpose...)
excellent post.....for an exceptional thinker
you da man Tex!
man! I really blew that one
how do I explain this, so anyone cares....LOL
I did not know you were de-constructing a previous post, I review the thread 'the wrong way', obviously. still, some excellent points.
as Ams pointed out, even though you have become an opposing veiw point to your previous position,(i would rather not say negative) but you present it so tactfully, and skillfully as to be appreciated by 'threaders' on any side of the fence.
Posted by Egg Inspector on :
quote:Originally posted by amswap: Those of us who don't already think we know it all look to learn from some of the best here as well.
of whom I count myself one!
"us who don't already think we know it all"
Posted by T e x on :
quote:Originally posted by 10of13: I can "challenge" a persons post...the problem I have with this particular stock..is that I think XKEM might have something...and I am not sure I want to "lead a person" down the wrong path...
Hense..."I" post that I am out...and be careful of the hype...protect your capital...blah blah blah...and I find that if you come "on too strong"...people forget that you might be "right" and the attacks start coming...and the point of the stock gets forgotten...this thread has been a real nightmare the past few days...
But yeah...for the past few days...I wanted to just hollar..."Dump! Sell! Get the Heck out!"...but I have nothing to back that up...nothing but what I have seen and gone through before...the past few days have been nothing but speculation as to what everyone thinks will happen or has happened...After the 14th...perhaps light will be shed...
Tex...I usually try to help...but this one...to torn to help...so I post...Protect your Capital!
Ya, understood...
really.
But what wiley *and others* see is, you're on your way.
You're a leader, a helper, a candlestick maker, lol
Simply put? We watch each other's backs...
Posted by Jo4321 on :
quote: But I will say this..if I can become half the "trader" as Purl...I will be one happy Momma!
That's a fact. Hope it works for you!
Maybe Purl should create some infomercial trading course that we will see on late night TV. (for women only, though, LOL)
Jo
Posted by Egg Inspector on :
quote:speculation as to what everyone thinks will happen or has happened...After the 14th...perhaps light will be shed...
Tell me about the 14th 10....what's up?
Posted by 10of13 on :
14th--Just when "Steve" is due back from Nigeria...at least...that's what has been posted...bond talks to him "often"...the Name and number is at the bottom of the PR's...
Posted by 10of13 on :
Tex... "Ya, understood... really. But what wiley *and others* see is, you're on your way. You've already helped immensely...as I've posted before. You're a leader, a helper, a candlestick maker, lol Simply put? We watch each other's backs..."
How did you know I made candles? LOL! Watchin' each others backs? Dude...there are a boat load of backsides here...!
That is one of the "qualities" that allstocks has goin'...always lookin' out for everyone else... Good place!
Posted by 10of13 on :
quote:Originally posted by Up: Dueling pictures maybe?
Again she wins! I don't have a redi whip pic!
Posted by T e x on :
quote:Originally posted by 10of13:
quote:Originally posted by Up: Dueling pictures maybe?
Again she wins! I don't have a redi whip pic!
yet...
("redi whip" being metaphorical, of course...)
Posted by T e x on :
quote:Originally posted by Purl Gurl: Tex yee-haws,
"hadn't even took a bath, yet... "
Yeah, I noticed right off.
* coughs *
Purl Gurl
well, *you* would...
* shakes off memories of Wiley yelling GEE when we should HAW*
actually? I like mules...
don't care for cows or chickens, but mules are dam interesting...
Posted by amswap on :
LOL Tex and I will bet some on here like them too much! Could likely post some pictures of it.
Posted by Egg Inspector on :
quote:Originally posted by amswap: LOL Tex and I will bet some on here like them too much! Could likely post some pictures of it.
OOhh C O M E O N!!
wrong place.....LOL
Posted by amswap on :
And I was so good all day! You knew I had to blow it sooner or later. Posted by JF Glass Works on :
quote:Originally posted by T e x:
actually? I like mules...
don't care for cows or chickens, but mules are dam interesting...
HAH HAH HAH
Herds of Minature Donkeys as far as the eye can see.
Posted by bond006 on :
Hi you guys still up must be excited about tomarrow I am
Posted by amswap on :
Hoping for the best day we've seen in a week!
Posted by T e x on :
you don't wanna be horse-smart, lol
much better to be mule-smart...
Posted by amswap on :
Not a word amswap. No, not a word!
Posted by bond006 on :
Tomarrow is going to tell me a lot
(1) How much dilution if any.
(2) If we have bottomed or not
(3) And if quinn is still buying something big is up.
(4) One rumor that I heard and this is rumor I heard that after the week of the 10th the bashers will be singing a different song. I heard this the end of June. Could have ment a lot of things like the launch that must have gave them a good laugh
Posted by Batman on :
quote:Originally posted by Purl Gurl: Did I mention something about drawing first blood?
Should not do that! I am in the middle of manic menopause. I will go beserker!
You cannot conceal truth from me! I know.
Purl Gurl
" "
Posted by Purl Gurl on :
Everything settled down. All was peaceful. I went away, got over my fit.
Now you boys are following me around and filing complaints, secretly like cowards, trying to have me banished.
Is there a problem you simply cannot leave me alone? Seems a logical course of action because I will only become very annoyed then humiliate you.
What? You boys think you are our masters?
I strongly urge you to stop harassing people here at Allstocks. What you are doing is very wrong and only destroys our discussion board.
Once again, you started this.
Purl Gurl
Posted by bond006 on :
When quinn buys like a pig watchout for something big
Posted by repsag on :
wow!
Posted by Batman on :
Purl, I think when you make posts like these, even if you didn't start it, this thing will just continue. I'm not sure who's giving you trouble, but when you say
"I will only become very annoyed then humiliate you"
"Not very wise of you to corner a Coyote. You know what animals do when cornered."
The only logical result will be that who ever you were refering to, will just respond back. Probably not in a good way either. You don't bother me. If I don't agree, I ignore. So I think if everyone can't get along, you should just ignore them, and they should just ignore you.
P.S.
I'm not sure I agree. I don't think anyone would secretly try to have you banished, without a good reason. Did you give anyone a reason?
Posted by Purl Gurl on :
Yeah, so why is E440 following me over to the off topic board only to cause problems?
Well? Why are you boys over there in the off topic board where my old friends and I meet to have fun.
Why are you following me and causing problems?
I am minding my business over there. I am not causing problems for you nor anyone else. Yet there you are, filing secret complaints.
Explain why you boys are following me into the off topic board where I cause no problems for you or anyone.
Well?
Purl Gurl
Posted by Egg Inspector on :
everypage I have participated on has been saved also, a little DD trick for myself.
just so we are all clear Posted by repsag on :
WOW!!
Posted by Batman on :
Purl,
I think they follow you....because you posts are so entertaining
Posted by Purl Gurl on :
Darn straight I am entertaining. Not only entertaining but amongst the most seasoned and learned traders here who earns tens of thosands of dollars for readers on a regular basis.
People buy new BMW cars from profits I earn for them. People take three week vacations in Greece with the profits I earn for them.
Now I have confined myself to the off topic board so there will be no trouble here at Allstocks.
What do you boys do? You come over and desperately search for even the slightest of reasons to file complaints about me. You come over there, to an off topic board, our safe haven from problems, you come over there and create problems, secretly like cowards.
What is wrong with you boys you cannot simply leave me alone? I am off by myself not bothering you nor anyone else. There you are, though, looking for an excuse to cause problems.
Why are you doing that?
Well?
Purl Gurl
Posted by Batman on :
What boys are you refering to..that cause you trouble?
Posted by repsag on :
WOW, VERY BIG WOW!!!
Posted by Egg Inspector on :
All I can say about the lack of 'negatives' is; maybe the longs are more prevalent than we were thinking, and maybe they are already holding form. stronger than we thought.
In any case "AllStocks XKEM Longs, We are not alone" ....LOL IMHO
quote:"specifically looked for both view points, opposing if I had too.
Good Night, Good Luck, and Good News Tomorrow.
Posted by Egg Inspector on :
oh...1 more thing.
I picked the posts over the last 12 hours of yesterday to choose from, because I thought there should be a good cross section, positive/negative, for obvious reasons (stock luggin along)
wasn't the case.
Posted by Egg Inspector on :
03:46am JULY 13, 2006
Eggs first BSE report of the day:
Headline: Maybe QUIN is on to something GAPPED 0.040 Eu (.04 Euro = 0.05097 US Dollar) to open on the BSE +11.11% to start the day
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER current - EUR 0.040 b 12.07.06
B/A - 09:02 0.033 / 0.037 09:19
Days change - 0.00 / +11.11% 0.040
Open/Previous Close - 0.040 0.036 0.040 (Prev. Close -.036 Euro = 0.04588 US Dollar Open - .04 Euro = 0.05097 US Dollar)
early Volume - 10,000 / 10,000
Obviously I, the Egg Inspector spruced this post up a little bit. please check link though, I did not embellish the $figures. Posted by Egg Inspector on :
Good night.....ZZZzzzzzzzzz...............
Posted by Egg Inspector on :
then again, a GAP to open doesn't guarantee anything....LOL
03:56am
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER
EUR 0.033 G 12.07.06
B/A - 09:32 0.033 / 0.037 09:32
Days change - 0.00 / -8.33% 0.040
previous - 0.033 0.036 0.040
volume- 0 / 20,000 (strange)
something in these numbers don't add with the open. will check in morning Posted by E440 on :
The latest from Berlin: Down 5% Statistic Daily overview Statistic
cur. Spread in %: 5,88 Today´s High: 0,040
Last price: 0,034 Today´s Low: 0,033
Time: 11:20:13 Diff. in %: -5,56
Volume: 60.000 Diff. abs.: -0,002
Total Prices: 5 Open Price: 0,040
Total Volume: 91.600 Prev. Price: 0,036 G
Posted by Blue Marlin' on :
Egg, you are studdering! LOL
Tex is walking the beat, a swinging his nite stick with class and fairness..If you get a thump on the noggin I highly recomend you PAY ATTENTION he is fair, but he is no fool!
Whale, keep on splashing um! as you very well know, teaching has it's rewards..Thankyou for being a Great leader, hopefully others will learn to excell and strive to be new leaders as well..You have set the pace, dispelled the lessons, you have excepted responsibility for doing such.....Proud of you! ya ornry Whale..
You Jim Jones types? Allstocks is a Kool-Aide free zone, no more Jonestown!
Dustoff
Posted by amswap on :
Reg, Batman, with an ego the size of Texas and the respect of an ant, the tact of a 2 year old, it is best to ignore some people and not feed into the attention they crave so much.
Posted by dollar13 on :
I am ready for a green day today and the rest of the week.
Posted by toad wallstreet on :
Is this stock talk or just a regular chat room? Its hard to tell these days.
Posted by amswap on :
For some it's only a soap box!
Posted by Blue Marlin' on :
For others it's a nitemare for those who followed bad advice and the hype recently.
Posted by toad wallstreet on :
I see!
Posted by repsag on :
Scottrade
bid .0459 ask .046
5000 vol
Posted by Blue Marlin' on :
I see you agree with me toad..lol
Posted by amswap on :
What bad advice would that be?
Posted by glassman on :
this is a kool aid free zone? LOL Capn.....
Posted by Blue Marlin' on :
quote:Originally posted by amswap: What bad advice would that be?
------------------------------------------------- You sure you want to go there? How about your attitude? it would be bad advice to not pay attention to your agenda.
Posted by JF Glass Works on :
quote: psychopharmaparenting: instead of spanking their butts, we can now spank their brains
HOW APPROPRIATE!!!!!!!! LOL
Posted by JF Glass Works on :
and of course it starts down at .043
Posted by Peaser on :
Back in at .043 for a possible flip today.
Posted by Egg Inspector on :
watching L2's QUIN is on the bid again!
Posted by CRab on :
Are people talking about XKEM or what? Grow up people...
Posted by dollar13 on :
yes keep it going in that direction go XKEM..
Posted by toad wallstreet on :
Why dont you bring that great DD over to fgfc egg!
Posted by Egg Inspector on :
quote:Originally posted by Egg Inspector: All I can say about the lack of 'negatives' is; maybe the longs are more prevalent than we were thinking, and maybe they are already holding form. stronger than we thought.
In any case "AllStocks XKEM Longs, We are not alone" ....LOL IMHO
quote:"specifically looked for both view points, opposing if I had too.
I had a huge post, last night at approx. 03:00am. it was edited by AllStocks I believe cause it is no longer there.(just before this one above) anyway, I was checking reaction on another Board. after surfing for other OPINIONS, I am actually relieved in so much as, "I know now, that the few longs here at AllStocks are not alone. and the fact that QUIN is accumulating in huge amounts is a 'good' sign, in most of the 'longs' opinions.
Please, do your own DD. Make your own decisions. all the above in this Eggs Humble Opinion, and OPINION only! Posted by Egg Inspector on :
L2's ARCA at 999 what is this? is 999 significant for any reason?
Posted by trade04 on :
no egg. anyways im still holding my shares much more upside from here imo, downside minimal
Posted by Egg Inspector on :
what is up with AllStocks?
Ams had a post above I wanted to comment on, it's wiped out'. I had one at 03:00am that got wiped.
can we express our opinions at AllStocks anymore? or will we be subject to censorship or at least a very tight form of editing all to appease what, the Politically Correct among us?
we are all grown ups here. can't we handle a little opposition. a few challenges to 'our' status quo? Come on AllStocks, like a referee meddling to much with a game, "let us play".
Posted by Egg Inspector on :
quote:Originally posted by toad wallstreet: Why dont you bring that great DD over to fgfc egg!
I am in FGFC toad. keeps getting good PR's but nothing.
the website launch is the next Momo point there. I will be along for the ride Posted by bond006 on :
Good morning all we moved down but just a bit I am looking to see a strong close today I really do believe that most of this will be over this week and we are very over sold good luck I am still here have not sold one share I know that like every body eles I should have flipped or sold off a part like our mad money friend always says always sell part into a run. I missed my own projection about pps. But with MMs like quinn who ever he is buying for thinks this is a good price I am not selling at what I consider the bottom. glta see you later have to look at the tape
Posted by Peaser on :
Shoulda waited. Poop!
Posted by repsag on :
.038, was that the bottom?
Posted by dollar13 on :
I am expecting a miracle here, the only way to nail the MM is holding your shares...
Posted by freddy79 on :
let's just hope this was actually the last bottom we will see from this stock, that .0388 pps puts us real close when the rally started so let's hope that was it. and now we would climb slowly ( fingers cross )
Posted by Peaser on :
I'm out. Lost $500
Posted by dollar13 on :
After all those pr's, i am expecting some buyer from institutional.
Posted by Egg Inspector on :
quote:Originally posted by bond006: Good morning all we moved down but just a bit I am looking to see a strong close today I really do believe that most of this will be over this week and we are very over sold good luck I am still here have not sold one share I know that like every body eles I should have flipped or sold off a part like our mad money friend always says always sell part into a run. I missed my own projection about pps. But with MMs like quinn who ever he is buying for thinks this is a good price I am not selling at what I consider the bottom. glta see you later have to look at the tape
"I really do believe that most of this will be over this week and we are very over sold"
when you say we are very over sold
how does that pertain here?
I am truly a newB, and do not know what that means.
Posted by maumee river rat on :
Peaser!!! Whatcha doin buddie?????
I don't think this is a safe play at all any more the blastards have destroyed every resonable support level there was.... )38 held, but that too will get swollowed up...IMO Low three's ar on the way...Bottom, dare I say 028 or less...It will get there ...I'll be waiting...I just don't trust this anymore...I think the careless lack of attention by the company chiefs, in reguards to releasing good info to the share holders to keep the MoMo alive, has placed a very bad taste in everyones mouth. At the same time it has given the MM's the edge they need to manipulate this completely..
What looks, and has looked safe for a play, has bitten us all in the azz lately...
I will stand by and let the dust settle...
Good luck!!
Posted by Peaser on :
Same here maumee.
Posted by phone_man on :
We are in the same pattern before this last PR. Dwindling down a cent a day.
Posted by Egg Inspector on :
QUIN is setting up on the ASK at .044 now. I noticed this morning he was still on the bid at .042-.041 and on the ASK at .050
L2 Quote: MM on Bid : 37 MM on Ask : 38 MM ID Bid Size Time ARCA 0.0414 50 10:50:51 DOMS 0.0410 50 10:50:56 UBSS 0.0406 50 10:51:58 HDSN 0.0405 50 10:47:51 JEFF 0.0400 50 10:41:29 QUIN 0.0400 50 10:42:31 HILL 0.0400 50 10:43:21 TDCM 0.0400 50 10:45:44 NITE 0.0400 50 10:52:02 ETRD 0.0400 50 10:52:03 VFIN 0.0389 50 10:22:03 AUTO 0.0380 50 10:52:57 VIEW 0.0371 50 10:43:52 MM ID Ask Size Time ETRD 0.0420 50 10:52:03 AUTO 0.0422 50 10:52:57 UBSS 0.0425 50 10:51:58 MAXM 0.0430 50 10:45:29 ARCA 0.0437 250 10:50:51 TDCM 0.0440 50 10:45:44 NITE 0.0440 50 10:52:02 QUIN 0.0448 50 10:42:31 JEFF 0.0450 50 10:41:29 VIEW 0.0450 50 10:43:52 HDSN 0.0450 50 10:47:51 DOMS 0.0455 50 10:50:56 HILL 0.0460 50 10:43:21
JO Eggs HO
Posted by BooDog on :
Rat, JMO but i see this holding around .03 - .034 for a while once it gets there. then a slow die off if nothing happens. The warnings were there as soon as that pr hit. I was stuck and had to average to break even, luckily this last pr spunked it up enough for me. We had some good guidence from the real vets out there. we need some solid info from the company. GLTA
Posted by bond006 on :
I just verified that Steve won't be back until friday so don't think we will get a pr until next week. I think that we are bottoming and next week we will start our slow upward trend again.
Boy does Steve deserve a good kick below the belt for leaving that poor sweet lady Barbara by thre phone to answer the phone and listen to everybody's rage
Posted by Egg Inspector on :
what do they say, "follow the money":
currently: [QUOTE Data as of 7/12/2006 10:58:00 AM
NYSEAMEXNASDAQBulletin Board Largest % Price GainLargest % Price LossLargest Net Price GainLargest Net Price Loss52-Week Highs by % Price Gain52-Week Lows by % Price LossMost ActiveMost Active by Dollars TradedMost Active by Price UpMost Active by Price Down
Symbol Company Name Price Change % Change Volume Dollars Traded Go To
#1 PGRI Platinum Energy Reso... 7.20 UNCH UNCH 515,000 3,708,000
#2 SCDE Stone Arcade Acquisi... 5.50 +0.05 0.92% 504,200 2,773,100
just a thought..............
Posted by Egg Inspector on :
Most Active
currently:
Data as of 7/12/2006 11:01:00 AM
NYSEAMEXNASDAQBulletin Board Largest % Price GainLargest % Price LossLargest Net Price GainLargest Net Price Loss52-Week Highs by % Price Gain52-Week Lows by % Price LossMost ActiveMost Active by Dollars TradedMost Active by Price UpMost Active by Price Down
Symbol Company Name Price Change % Change Volume Dollars Traded Go To
now thats a good thing Dollar!!!!
Posted by bond006 on :
Good post dollar like I feel the sells are going to start getting weaker and buys will be coming in> The right pr by a good salesman next week could send us flying again. You notice I said salesman I like Steve but he couldn't sell an air conditioner in a Phoenix summer
Posted by Jo4321 on :
That PR above is dated July 11, 2005.
Posted by ajax40 on :
Dollar that post is from July 2005
Just an observation. Sorry
Posted by dollar13 on :
if investors don't have patience they will lose a lot of money, i just wait so i can cut my lost.
Posted by dollar13 on :
i am sorry for that pr i post i did't pay atention to the year date.
Posted by bond006 on :
good repost
Posted by: Kapone In reply to: None Date:7/12/2006 11:29:51 AM Post #of 24163
Interesting to see VERT on the Bid today...The Vertical group.
The Vertical Group is a venture capital firm that is focused on the fields of medical technology and biotechnology. For more than 30 years, the principals of The Vertical Group have been founders, early stage investors, major shareholders, and executives of many of the medical technology industry's most successful companies. The Vertical Group manages private partnerships with a "vertical" range of investments including: early and late venture stage companies; private operating companies involved in buy-out or corporate spin-off transactions; and public companies of all sizes. The Vertical Group is the successor to the venture capital division of F. Eberstadt & Co., and has been an independent firm since 1988.
Posted by Egg Inspector on :
------------------------------------------------------ please explain to me:
"beautiful inverted 'head and shoulders' pattern at .03"
this was the caption of the 1-month chart when I found it.
Posted by Egg Inspector on :
quote:Originally posted by Peaser: I'm out. Lost $500
Peaser, hang on to those shares....IMHO you will at least recoup your cost, it souldn't be too long IMO.
this thing has been bouncing like a superball, you know?
Posted by amswap on :
Noticed it was old, got excited.
Posted by phone_man on :
Egg - I got in for a few more shares today. I don't think Quin and the other MM's who bought heavily yesterday will let it sink too much lower than what it is now.
Just my thoughts.
Posted by Egg Inspector on :
it's a down day overall folks (but, I am sure you know this)
Indices DJ Indu 11,098.61 -36.16 Nasdaq Comp 2,112.93 -15.93 S&P 500 1,268.56 -3.96
Posted by Egg Inspector on :
quote:Originally posted by dollar13: After all those pr's, i am expecting some buyer from institutional.
----------------------------------------------------
Posted by Blue Marlin' on :
Egg, one question....Do you have a conscience?
Posted by amswap on :
Egg, don't waste your time responding.
Posted by Blue Marlin' on :
amswap, do you have a conscience?
Posted by maumee river rat on :
What's up Big Fish???/
Posted by BooDog on :
see how long it takes to remove that ams
Posted by trade04 on :
People are losing Focus, I haven't. Can't wait for the morning i wake up to a pr stating " XECHEM intl has recieved US FDA approval to market the drug in the united states...stock will gap up 1-200% depending on where it is.
Posted by Egg Inspector on :
some glaring needs addressed IMHO --------------------------------------------------- Xechem establishes Sickle Cell Advisory Board NEW BRUNSWICK, NJ – July 11, 2005 − Xechem International, Inc. (OTC BB: XKEM) Board of Directors today announced the establishment and charter membership of its Sickle Cell Research, Efficacy, Awareness and Marketing Advisory Board (the “Advisory Board”), which will assist Xechem’s management in creating public awareness of Xechem’s efforts to bring an effective treatment for Sickle Cell Disease to market in the United States and globally. The Advisory Board consists of distinguished individuals from the fields of pharmaceutical sales and marketing, urban marketing, international consulting, professional networking, entertainment, academia and business.
Members of the Advisory Board, identified below, may be asked from time to time to review and comment on Xechem’s business and marketing strategies with respect to obtaining approval from the United States Food and Drug Administration (US-FDA) for, and the commercial launch of, NIPRISAN (NICOSAN™) under the trade name HEMOXIN™ for the treatment of Sickle Cell Disease in the United States. The Advisory Board will function solely as an advisory body and does not have any legal oversight responsibilities with respect to Xechem or any legal authority to act on Xechem’s behalf. The names and brief biographical profiles of the charter members are set forth below.
VINCENT A. CARTER is an experienced pharmaceutical industry professional involved in the healthcare industry over the last nineteen (19) years. In 2004, Mr. Carter joined MedImmune, Inc., which manufactures a monoclonal antibody used in premature babies. Mr. Carter is an active member of the Healthcare Committee for One Hundred Black Men of New York.
DESIREE V. DELGADO is President and Chief Executive Officer of R2Network.net, Ltd. A DelzBrük Company, a general market media company offering a full-range of services to support the advertising, marketing and public relations process.
DR. GEORGE C. FRASER is Chairman and CEO of FraserNet, Inc., headquartered in Cleveland, Ohio, which is the publisher of the award-winning SuccessGuide Worldwide; The Networking Guide to Black Resources, which is published annually. Dr. Fraser is the author of two books, the critically acclaimed best sellers Success Runs In Our Race: The Complete Guide to Effective Networking in the African American Community and Race for Success: The Ten Best Business Opportunities for Blacks in America. Dr. Fraser spent seventeen (17) years in management with Procter & Gamble, United Way, and Ford Motor Company.
DR. GLENDA BASKIN GLOVER is the Dean of the School of Business at Jackson State University in Jackson, Mississippi. She is a Certified Public Accountant, an attorney and a higher education administrator. She holds a Ph.D. in economics and finance, and is one of two African American women to hold the economics Ph.D-CPA-JD combination in the nation.
DR. MARCELLUS GRACE has served as Professor of Pharmacy Administration and as the Associate Dean of the School of Pharmacy in the College of Pharmacy, Nursing and Allied Health Sciences at Howard University in Washington, DC since July 2004. He previously served as Dean and Professor of Pharmacy Administration in the College of Pharmacy at Xavier University of Louisiana in New Orleans, LA.
NADINE B. HACK is the Founder and President of beCause Global Consulting, Inc., which is a global consulting firm that conceives, develops, facilitates and executes the cause-related strategies and initiatives of corporate and nonprofit clients to build awareness of and support for humanitarian efforts. Ms. Hack has extensive experience with the United Nations, where she served as New York City Commissioner for the United Nations, Consular Corps and International Business, the city’s senior official liaison with the world’s largest diplomatic and business communities. The Boards on which she currently serves include the Desmond Tutu Peace Foundation (President), Africa-America Institute (Vice Chair), World Policy Institute, International League for Human Rights, and Synergos Institute. She has Master Degrees from the John F. Kennedy School of Government at Harvard University (MPA) and the Graduate Faculty of Political and Social Science at New School University (MALS).
J. WAYMAN HENRY III has over ten (10) years of experience in financial analysis, contract negotiations and marketing. He is Co-Founder and Vice President of Business Development of E-Merge International in Atlanta, GA, where he oversees all of the firm’s business operations in sports marketing, entertainment representation, National Football League apparel, event planning and intellectual property development.
WALLYE INESE HOLLOWAY is a Vice President and Account Group Supervisor of Cline Davis & Mann, a leading and award winning pharmaceutical marketing, brand development and advertising agency in New York City, where she has managed marketing and brand development strategies for large pharmaceutical companies, including Pfizer and Amgen since June 2002. Prior to joining Cline, Davis & Mann, Ms. Holloway worked in similar leadership capacities over a period of seven (7) years in New York City with several pharmaceutical marketing and brand management firms, including KPR, Sandler Science, Lowe McAdams Healthcare, and FCB Healthcare.
DR. STEPHEN H. KOLISON, JR. is the Dean and Research Director of the Institute of Agricultural and Environmental Research at Tennessee State University in Nashville, TN. His international experiences include research conducted in the Republic of Trinidad and Tobago, Jamaica, and Ghana, and other professional activities carried out in Belgium, Brazil, Finland, and The Netherlands. Dr. Kolison, Jr. obtained his Ph.D. and M.S. degrees in Forest Economics from Iowa State University of Science and Technology and his B.Sc. degree in General Forestry from the University of Liberia. In November 2004, Dr. Kolison assumed the role of Chair and Chief Executive Officer of the Association of Research Directors, Inc.
DR. KOFI LOMOTEY is a Senior Fellow at the American Association of State Colleges and Universities. He is the former President of Fort Valley State University in Fort Valley, GA. He was previously at Medgar Evers College of The City University of New York, where he was the Senior Vice President and Provost. Dr. Lomotey is the editor, co-editor or author of seven books and has published numerous articles and book chapters. Dr. Lomotey holds a B.A. degree from Oberlin College in Economics, a M.Ed. degree from Cleveland State University in Elementary Curriculum, and obtained his M.A. and Ph.D. degrees from Stanford University.
DR. TAMARA NEW is the Director of the Comprehensive Sickle Cell Center at Harlem Hospital Center in New York, NY. Dr. New also holds other leadership positions at Harlem Hospital Center, including Director of the Pediatric Residency Program, Director of the Pediatric Hematology-Oncology of Harlem Hospital Center and Clinical Director of the third year medical student Pediatric Clerkship program. Dr. New obtained her Doctor of Medicine degree from Mount Sinai School of Medicine, New York, NY and her BA in Chemistry from Smith College, Northhampton, MA.
DAKOTA PIPPINS is the Founder and CEO of Pippins Strategies, LLC, a marketing consulting firm that advises large corporations on strategies for attracting Urban consumers. Mr. Pippins is an Adjunct Assistant Professor at New York University where he previously served for five years as Director of NYU’s Management Institute and currently teaches a course on Urban Marketing Strategies. Mr. Pippins also serves on the Board of Directors of Hormel Foods Corp.
DR. MARCY STREET is the owner of Doctor’s Approach Dermatology & Laser Center in Lansing, MI, and is a Member of the Michigan Board of Medicine & Disciplinary Committee. Dr. Street has been in private practice since 1991 as a Medical Dermatologist, Skin Cancer Specialist and Mohs Surgeon with a CLIA approved Mohs surgery laboratory. Dr. Street is also a Clinical Instructor in Michigan State University’s Department of Internal Medicine, where she has lectured to medical students and residents on topics in general and surgical dermatology since 1991. Dr. Street received her M.D. from the University of Illinois College of Medicine in Chicago, IL.
Dr. Ramesh C Pandey, Chairman and CEO of Xechem said “we are very fortunate to have attracted such a knowledgeable and prestigious group of distinguished professionals and business leaders to help us in marketing NICOSAN™/HEMOXIN™ for the treatment of Sickle Cell Disease. We welcome the new Advisory Board members and are looking forward to the valued assistance we know they will offer us in bringing this extremely important drug into the hands of the millions of people who are suffering from this terrible disease.” About Xechem
Xechem is a development stage biopharmaceutical company engaged in the research development and production of niche generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN™/HEMOXIN™, which has shown efficacy in the treatment of Sickle Cell Disease, according to Xechem’s public filings. Xechem is headquartered in New Brunswick, New Jersey.
For further information, contact the Company or Stephen Burg at 707-425-8855.
comments:
DESIREE V. DELGADO:
advertising, marketing and public relations process. NEED THIS
WALLYE INESE HOLLOWAY:
- award winning pharmaceutical marketing, brand development and advertising.
- she has managed marketing and brand development strategies for large pharmaceutical companies, including Pfizer and Amgen since June 2002. BIG NEED HERE
also: lots of African-American involvement, activism. this will be importatnt for this particular Disease, IMHO
--------------------------------------------------------- lunch time
BBS
Posted by BooDog on :
patience egg, if you google xechem july 11 you get every year for july 11th lol
Posted by glassman on :
quote:Originally posted by amswap: I make a general comment abouot some of the enormous egos on here and it gets removed. Yet someone can purposely try to start a problem and it remains? Allstocks is getting to an all new low now.
I think pennyhelper.com is the place to go from here. A new forum that won't allow this kind of personal attack to be tolerated, no matter how many posts the person has.
amswap, i really don't know what to tell you..
a few experinced traders have tried to HELP you guys with your obvious addiction/withdrawal situtation here and you guys keep peepeeing on them...
Posted by trade04 on :
htey posting news on their site so they dont hav eto pay prwire (since this event isnt huge, but important) save the pr wire for BIG news
Posted by amswap on :
trade, that's from a year ago.
Posted by bond006 on :
Glassman would you please expand on you last post I have been offerd help and I have taken it by people. So who has tried to help and if they are so great and we are so small as you infer why don't they just open there own post and if they were giving good advise the investor's would follow
Posted by Blue Marlin' on :
quote:Originally posted by amswap: glass, I'm not the one who did anything here. Who asked who about a conscience? What is the purpose behind the personal digs? It seems that some get to say what they like and the rest aren't supposed to stand up to them. There was absolutely nothing productive or stock related to that. Why don't you point fingers where they belong?
------------------------------------------------- The finger should point to you..How much financial damage might you of caused by attacking the posters who tried to point out this stock was coming down!
How many people were confused by you? Again! Do you have a conscience!
Posted by trade04 on :
sorry i just say july 11th and i assumed it was 06!
Posted by glassman on :
bond, i'm not here to pump or bash...
you and i go way back, and i'm surprised you are not trading this as the penny it is...
i wold LOVE to see this be successful for all the right reasons...
that run to .11 had wrong written all over it...
i am not gonna particiapte in pumping and bashing..
just remeber they wrote up 200 million more shares and the price ran up.... i've seen it 100's of times...
it's almost generic...
Posted by bond006 on :
The only people that I have seen come in hear and this does not mean you glass came in with a bunch of personal insults and digs. Plus other forms of garbage that I don't find to interesting on a stock board. When nobdy listen much they got down rite rude when they were asked to please stop very nicley they attacked everybody here
Posted by Blue Marlin' on :
quote:Originally posted by amswap: They have to wait until they find a stock going down to do that. At least that's all they did with this one. Not until last week did we even hear from most of the negative people, dare I say bashers. Right or wrong, they never offered advice before hand, only after it tanked. This isn't the only stock they've done this in. Guess it makes them feel good to say I told you so when they never did.
------------------------------------------------- Yes! it is easy to tell when a stock is coming down....
Why didn't you see it.
We did not give advice after it tanked, we gave advice at the top.
Posted by repsag on :
This sounds like the Generex board on Yahoo...LOL
Posted by BooDog on :
FWIW having a conscience isn't the question. Go to the facts please. Unsupported run with "expected" news and "possible" outcomes and "hype", support levels were left in the dust around .03 even the candlesticks show empty flame all the way up. look how dark they are on the way back down. POP news, almost a redundant pr since it was already done. Hype is calling its bluff so to speak. If it would have been on CNN or national news in the US then IMO this would be already way up there. but it wasn't. Hype lost, back to support levels, candlesticks show resistance all the way down from people trying to average to get TF out. Day traders having a field day. and now here we are...another lesson learned.
Posted by bond006 on :
I admitt thatI made aterrible mistake and if a person would have came and given some good advise without a abunch of insults it most likley would have been recieved different and many would have been trading instead of fighting
Posted by amswap on :
Yes, it's easy for you and a few others to yell there is an iceberg ahead when the boat is already sinking.
Posted by toad wallstreet on :
The boats been sinking
Posted by bond006 on :
Thats true a lot of advice and finger pointing went on with the benifit of hind site after the tanking was almost done
Posted by BlatOdea on :
So are there any PRs that we're still looking forward to in the immediate future, or is this thing spent as far as short play is concerned?
I feel like a dolt cause I didn't sell at .08-.11, now it's almost where I got in. ~.03-.04
Posted by repsag on :
Bottom.....Bottom.....has anyone seen the bottom????
Posted by glassman on :
nope:
PG and several others came in at above 10 cents and said BAIL...
a few people were so high on money they acted like crackheads whose pipe was being stolen...
Posted by bond006 on :
All are welcome here as far as I am concerned and if anybody has some good advice to help us I sure would listen to all sides as I always do but please for the good of all act like a pro when ytou give it and be a little more aware of peoples feelings inother words if somebody has a headache don't cure it by hitting them on the toe with a hammer
Posted by BooDog on :
i really should stay on the side lines, but IMO XKEM needs to put out a complete structure of what is going on, expeted revenue, current share structure, production capability, buyer support and status of future global sales. also it would be helpful to know just how the relation ship is set between XKEM Nigeria and XKEM US, who is benefiting where and by how much, if that has been in the filing I sure missed it. For me, getting those answers just might get me back in the game.
Posted by repsag on :
There will be great news, eventually.
The pps will go over .20, eventually.
Sales will expand throughout the world, eventually.
I will make some decent money playing this stock, short and long term, eventually.
I know this all to be true....because I believe it to be true, from my 7 or so years as a gambler I think this company has something.
Posted by glassman on :
sometimes? the worst thing that can happen to these companies is the runs are too big too fast and too many get burned, never to return.
if you guys beleive in this company? you want it to go up steady... 11 cent was INSANE....
that's all there is to it...
a few of you shoulda known better too...
like i said before ethnobaotanical cures and orphan drugs are important....
i am not here to say buy or sell, i am here to say that there's too much personal stuff going on and the few that are doin' it are just hurting themselves and allstocks and the comapny...
Posted by phone_man on :
Anyone thinking this will drop down to the low to mid .03's by end of day?
Posted by bond006 on :
You are right Glass things did get personal and it was the intruder that kept it that way even after the I am sorries went out to them. I think that that person until they grow up anyway should go where they are wanted.
Posted by bond006 on :
Phone man yes I do I think the threes are our bottom and then we bounce. Over 800 million shares were given to the MMs over the last six days this will stop when they can't get anymore then they most likly keep it in a trading range looks like they won this round anyway.
Posted by phone_man on :
bond006-you mentioned someone big may be intersted in this stock. I know you were just speculation. Now if they are working through someone like Quin to get this stock turned around while making a profit at the same time. Wouldn't a stronger stock price help tremendously with the funding Xechem needs to get going? Then the stock would really fly.
Just a thought. Everyone can laugh if they want to.
Posted by bond006 on :
I think you have a valid point and the stock price lies in the hands of everyone but the investor's who in a panic are giving them away to other people that will make money on there shares
Posted by bond006 on :
Right now some body wants shares I don't know who or for what reason and there is only one place to get them and they certainly are getting the job done. Look at the volume and look at the pps. Once they get the shares they can do anything they want with the pps
Posted by dollar13 on :
quote:Originally posted by bond006: Right now some body wants shares I don't know who or for what reason and there is only one place to get them and they certainly are getting the job done. Look at the volume and look at the pps. Once they get the shares they can do anything they want with the pps
i agree bond i just saw that too.
Posted by maumee river rat on :
quote:Originally posted by phone_man: Anyone thinking this will drop down to the low to mid .03's by end of day?
Don't know if it will get there today, but it will get there......029- would be a good entry....on the other hand it may just sit there for a bit...There may also be a couple chances to flip this....I'm stayen out untill the MM's are done with the raping.
Posted by repsag on :
Posted bu Bond006
Phone man yes I do I think the threes are our bottom and then we bounce. Over 800 million shares were given to the MMs over the last six days this will stop when they can't get anymore then they most likly keep it in a trading range looks like they won this round anyway.
I have a question about the 800 mil shares, are you saying that the MM's now control 2/3's of the float? TIA
Posted by bond006 on :
River Rat right choice of words raping they don't have a number in mind they just plain aren't going to stop until they can't get no more and there was a big float on this baby after they get most of it the only way you will make money is to flip in there range
Posted by bond006 on :
repsag It looks that way only they know for sure but I know people that have ways to come about that and it still is not a 100% science
Posted by repsag on :
"only way you will make money is to flip in their range"
Okay then, how does someone figure out their range?
Posted by phone_man on :
Next substantial PR and the MM's are going to make a killing.
Posted by dollar13 on :
this is sinking right, but why people still buying??
Posted by bond006 on :
You find there range by watching the trading every day and reading charts thats what purl girl was trying to get across to us that the MMs were going to make this move. I missed it this time because I fell in love with the stock I broke rule number one but I am still going to make good money with this it will take me longer now
Posted by bond006 on :
Phone man you are right they will make a killing on the way up and they will buy on the way down to a new levle. On this stock it was sub pennies and .01s now this level looks like the .03's you never know though
Posted by Egg Inspector on :
100 share signal for ARCA at .0376
Posted by bond006 on :
Some people will buy looking for the bottom and if they call it well enough they will make money on the bounce or turn around
Posted by bond006 on :
looks like they are getting close to the end next cycle and round 2 coming up
Posted by Egg Inspector on :
I have been surfing other Msg boards, just to get a feel for this from some other points of view. there are many defenders, holding strong, and many detractors crying, "get out stupid!"
IMHO there is only 1 thing that matters. as said by some solid people here, "I can't get caught up in the hype", the same sentiment is everywhere. there are a lot of rumors also. the one I like the best, or would wish were true, started early this morning based on QUIN buying frenzy yesterday.
the rumor: "a big-name Pharmaceutical is buying thru QUIN. accumulating cheap shares." of course this is only a rumor, with no substantiation
back to that "1 thing" IMO.
the only thing that REALLY matters is:
1. will NICOSAN work?
will it do what it's company claims it can do?
There is another worry, and this I will call the only real 'players concern'IMHO:
2. will Xechem dilute? or is there a split coming that will be unfavorable to the shareholders?
other than that it is all semantics, in this Eggs opinion.... Posted by Egg Inspector on :
in the end.... today looks to be another -.01 pull back a penny per day session, huh?
Posted by dollar13 on :
quote:Originally posted by bond006: looks like they are getting close to the end next cycle and round 2 coming up
bond do you think this is going below 0.03's by the end of the week?
Posted by Batman on :
Man....I'm glad I sold all my shares at .085, the last few days have benn scary!
Posted by phone_man on :
Egg- that has been the pattern the past week. I would be nice to see this actually going up on the close. Let's hope for that.
Posted by freddy79 on :
quote:Originally posted by dollar13:
quote:Originally posted by bond006: looks like they are getting close to the end next cycle and round 2 coming up
bond do you think this is going below 0.03's by the end of the week?
The way this stock been trading that's a good possibility, seriously friday might be the worst day IMHO
Posted by bond006 on :
Its possible they keep shaking the tree and more nuts fall. They also timed this right all the management are in Nigeria getting Necessary things done if you haven't bailed out IMHO now is not the time wait for it to turn around it will this is just a gut wrencher at the moment.and it could get a litte rougher come friday I will talk to Steve I love the man but he could not sell water in the desert This my opinion only
Posted by phone_man on :
Alot of nut's still left in that tree bond. lol !
Posted by Batman on :
quote:Originally posted by phone_man: Alot of nut's still left in that tree bond. lol !
Yeah..and the nuts are the ones still holding shares.
Posted by dollar13 on :
it is not a good time for me to get out, they sinking this day by day i wonder why mm didn't bring down the price to the bottom in one day or two would it be less painful, and yes i will take me longer to get out now.
Posted by phone_man on :
Looks like some are getting back in on Ihub
Posted by freddy79 on :
I have decided to just ride this out, I don't have much money value invest it. Only have 26k shares, im tired of been somewhat nervous seeing the price go down and down. I'm just gonna sit back if it really tanks hard before ever making a recovery it would give alot of people more chances to get in really really cheap shares and I will be one of those person. GLTA
Posted by bond006 on :
Hay I am in the tree fella I haven't been in this mess in years but I am not going to let it get to me. If I have to sell I will alittle at a time but it always turns .Don't ever let thease people hear get to you they should have been giving you advice in a friendly fashion instead of trying to teach thru intimidation if they really wanted to give advice. But I tell you it was just there ego's has any one of them offered a solution the answer is no
Posted by phone_man on :
I'm with you bond.
Posted by Egg Inspector on :
if you are still in.....IMHO you are nutz to walk now....
as earlier stated by peaser or Bond, (I think) "have an in $ amount and an out $ amount, stick to it. anyone bailing on this should've bailed when it went thru the .06' IMO. once we strapped in in the .05's it was "light this candle". the decent profit is gone, "let see where this takes us".
I committed to stay, that's it period. several others here committed to make $ on it and move in and out. I know them, they stuck to their plan, I think all have been out 2 cents ago. I can respect that, I'm sure they can respect my opinion.
let's quit belly aching and commit to the 'long', if that has been your plan.
all others....your just driving yourselves CRAZY!
Posted by Schwabie on :
.0353
Posted by dollar13 on :
QUIN is out of the game now he's back at 0.08 in the ASK
Posted by bond006 on :
Right on egg this will turn around if you doubt yourself remember your dd and think of what is coming up. Fundamentals look real positve for next week hang in there if you sell now you loose and if you see it go up 2 or 3 cents next week you will feel sick on top of it
This is just my opinion
Posted by phone_man on :
Some big buys. 3.6 mill and 1 mill.
Posted by Egg Inspector on :
quote:Originally posted by Egg Inspector: I have been surfing other Msg boards, just to get a feel for this from some other points of view. there are many defenders, holding strong, and many detractors crying, "get out stupid!"
IMHO there is only 1 thing that matters. as said by some solid people here, "I can't get caught up in the hype", the same sentiment is everywhere. there are a lot of rumors also. the one I like the best, or would wish were true, started early this morning based on QUIN buying frenzy yesterday.
the rumor: "a big-name Pharmaceutical is buying thru QUIN. accumulating cheap shares." of course this is only a rumor, with no substantiation
back to that "1 thing" IMO.
the only thing that REALLY matters is:
1. will NICOSAN work?
will it do what it's company claims it can do?
There is another worry, and this I will call the only real 'players concern'IMHO:
2. will Xechem dilute? or is there a split coming that will be unfavorable to the shareholders?
other than that it is all semantics, in this Eggs opinion....
------------------------------------------------------ an excerpt form own own E4, that makes a simple, yet significant point.
(not out of context) check it, pg.10 of this thread
quote:E440 Member Member Rated: posted 09 July, 2006 12:17 ------------------------------------------------- Before I got this stock I researched it as most here have done. I made a list of pros and cons.
Two of the biggest cons were: A) It is in Nigeria. B) The financial backers.
Using the examples about the two companies is where the flaw comes in. First, both companies are fairly new. Secondly, the IPO is always high and then the stock will trend down and at some point, stabilize.
The IPO was high and then, once the company expanded the stock stabilized.
There are plenty of examples of other stocks like this to be found.
There are also plenty of examples of stocks that had a high IPO, elevated, and then dropped like a stone.
The future of this stock and company is very simple. If they can produce the drug and sell it, everything will take care of itself. If they cannot, this stock will be a sub-penny stock by the end of the year.
The future of this stock and company is very simple. If they can produce the drug and sell it, everything will take care of itself. If they cannot, this stock will be a sub-penny stock by the end of the year
same point I made earlier.
Posted by CashCow on :
how low will this stock go..
Posted by Jo4321 on :
quote:how low will this stock go..
Sorry, but everytime someone posts that question, I get this in my head....
I would like to relate to you a recent big banker that I made are youi fimiliar with ndol. I was in it when it was bio tracking before the reverse merger take over and reverse stock split dd the crap out of that stock after the r/s I was in it 24cents a share Things did not work out as planned it went to 4 cents a share I held thrur worse than this in three months ever thing turned around and I sold for $1.26 per share. The genious who were calling me a bag holder and having a real field day who sold with just a little loss were not laughing at me any more
Posted by SherriT on :
Well, I am actually a believer and I stayed until the high 5's - I think I, along with the other believers, will start buying back in. Once the crew gets back from Nigeria and start putting out PRs, I think you will see this one go back up. Unless it is a complete scam, which I just don't believe.....
Posted by Egg Inspector on :
a cruel, cruel day.....but, there was lots of $$ moving in.
------------------------------------------------------- Data as of 7/12/2006 4:00:00 PM
MOST ACTIVE
NYSEAMEXNASDAQBulletin Board Largest % Price GainLargest % Price LossLargest Net Price GainLargest Net Price Loss52-Week Highs by % Price Gain52-Week Lows by % Price LossMost ActiveMost Active by Dollars TradedMost Active by Price UpMost Active by Price Down
Symbol Company Name Price Change % Change Volume Dollars Traded Go To
#3 NEXH Nexia Hldgs Inc 0.0004 +0.0001 33.33% 142,813,999 57,126 ------------------------------------------------------- Data as of 7/12/2006 4:05:00 PM
MOST ACTIVE BY DOLLARS
NYSEAMEXNASDAQBulletin Board Largest % Price GainLargest % Price LossLargest Net Price GainLargest Net Price Loss52-Week Highs by % Price Gain52-Week Lows by % Price LossMost ActiveMost Active by Dollars TradedMost Active by Price UpMost Active by Price Down
Symbol Company Name Price Change % Change Volume Dollars Traded Go To
#1 PGRI Platinum Energy Reso... 7.20 UNCH UNCH 1,393,130 10,030,536
#2 CWPC Canwest Pete Corp 4.96 -0.37 -6.94% 1,513,665 7,507,778
#3 CHDT China Direct Trading... 0.183 +0.01 5.78% 39,357,852 7,202,487
#4 XKEM Xechem Intl Inc 0.033 -0.013 -28.26% 190,149,479 6,274,933 --------------------------------------------------------
Posted by Egg Inspector on :
quote:Originally posted by Batman:
quote:Originally posted by phone_man: Alot of nut's still left in that tree bond. lol !
Yeah..and the nuts are the ones still holding shares.
LOL Bat...."nuts still holding shares Posted by Egg Inspector on :
quote:Originally posted by bond006: Hay I am in the tree fella I haven't been in this mess in years but I am not going to let it get to me. If I have to sell I will alittle at a time but it always turns .Don't ever let thease people hear get to you they should have been giving you advice in a friendly fashion instead of trying to teach thru intimidation if they really wanted to give advice. But I tell you it was just there ego's has any one of them offered a solution the answer is no
very valid point Bond...."offered no solution"
Posted by Egg Inspector on :
<an excerpt form ][own own][ E4, that makes a simple
SHOULD READ: ]["our own"][
Posted by Egg Inspector on :
Man! I am posting to myself. Where are all the X-KEMers??
Posted by Blue Marlin' on :
Egg, does this give ya a hint?
Close .0326
Posted by Egg Inspector on :
yeah it does Blue....
Posted by bond006 on :
I was on the phone egg what can i do to help you if any of thease good folks think I am selling now they are nuts and if they are coming around to say I told you so I will put them on ignore if they say I may have a solulition for you fine we would listen and be grateful
Posted by J_U_ICE on :
Posted By: brownegreen 12 Jul 2006, 03:56 PM EDT
I just spoke with a top XKEM executive for 20 minutes about the company prospects - near and long term.
It was a very reassuring conversation. He said he didn't understand the run up to 11 or the current crash. He said he wasn't concerned with the markets and the company was focused on getting this drug out to everyone that needs it.
I told him that I thought the run was based on the 500 million dollar revenue projection from a nigerian article quoting Dr. Pandey that's been circulating around the web. He wasn't aware of that projection and said that the company hasn't formally released revenue projections yet. But I threw out some numbers based on the 500 million dollar projection that he said were definitely in the ballpark.
He said that the current share count was more like 1.4 billion with more shares to be converted. He said that the major concern of the company was to keep up with demand. They are trying to avoid shortages that would cause someone to start the drug and then lose access to it and have an SCD crises.
He said that the ramp up to meeting full demand wasn't very far off (within months) and the company foresees eventually treating at least a million nigerians with a daily dose of Nicosan. He said that they are working to formulate a revenue update that will be released perhaps within the next week.
Posted by bond006 on :
bond, what is an institutional buy?
Posted by bond006 on :
That is something like an investment company or large fund buys it for there portfolio
Posted by freddy79 on :
quote:Originally posted by Egg Inspector: Man! I am posting to myself. Where are all the X-KEMers??
Egg we are all hiding in our shelves , cant bare to see the horror of xkem pps no more. It's unbareable Posted by Redwinger on :
Just sitting back, waiting for the bounce-back
Red
Posted by bond006 on :
a repost
Posted by: jranalyst In reply to: None Date:7/12/2006 5:44:00 PM Post #of 24718
50 Month Moving Average (7 year chart) is .052, which happens to be just about half way between the bottom .01 of the current run up and the top at .11. Interesting to see other run ups past three years came back down more than half way, but ended about half way down prior to next peak cycle beginning. I expect we will go to 50 day moving average of .03 and test it, but we may go as low as .025 support before a green day. These MMs are very aggressive. I know we should have sold at .11, but have to deal with now. This is gut wrenching, so that is the time to buy. When you celebrate with champagne, its time to sell. That may take a couple of weeks of being oversold, and learning this launch was real. Chassman got warrants for .02, so if we go that low, always good to get the same price as the financier. all imho. Anyone with different opinion, glad to consider it.
Posted by Dynamite on :
did anyone re-load at this pps?
Posted by SherriT on :
I am planning to once a deposit posts tomorrow.
Posted by dollar13 on :
quote:Originally posted by bond006: --------------------------------------------------------------------------------
8% institutional buy today..... great No wonder they were trying to bring it down.
that is what i was expecting today bond after those PR's some big companies have to pay attention to XKEM.
that is our signal guys don't panic we still on the game.....
Posted by dollar13 on :
By the way JUICE thanks for the info , i hope we'll see a PR about the revenue update next week.
Posted by dollar13 on :
I would like to tell the XKEM " no longs" here than i have a very interest in this company even if goes to 0.00001 off course that wont happen and if it does i don't care i will still holding my shares until the end, i got my dd for this company and i am sure it will come back from the bottom easy.
Posted by bond006 on :
Hi all before I go we are not alone with still being here. I know there are some of you who don't like this guy but he is an experienced investor him and his large family and close friends own over 50 million shares of xkem a lot of them on his word so you can see how he must feel on this subject. He admitts he made the same mistake we did and here is his take on the sittuation a re post
Posted by: bigdaddyc25 In reply to: None Date:7/12/2006 6:41:58 PM Post #of 24806
Need to go work out before I blow a fuse.
I belive we have bottomed here. I feel stupid, that I hung on to all of these shares all the way to the bottom. Lesson learned for next time on profit taking, when their are profits to be taken.
I believe we turn around tomorrow and close over $0.04. A couple of PR's next week, and we could be back in the $0.07's. It is just so damn hard to stay positive after an ass kicking like the one we just got. I feel num.
Until later tinight. BigD
Posted by Egg Inspector on :
quote:Originally posted by bond006: I was on the phone egg what can i do to help you if any of thease good folks think I am selling now they are nuts and if they are coming around to say I told you so I will put them on ignore if they say I may have a solulition for you fine we would listen and be grateful
bond...your a help just being around
and I am going no where!
Posted by Egg Inspector on :
quote:Originally posted by Blue Marlin': Egg, one question....Do you have a conscience?
of course I do..
I am not some cold ruthless trader. I am the father of 2 teenagers. I work everyday. I help run a family business besides my 9 to 5 all the money I have to risk is in this market, spread over 17 positions, and it's probably less than most have in this one play.
do I have a concious?.......... not only do I, I probably have more to lose here than most, in that, if this fails, it's 35% of my lifes savings. I am no fool. I believe what I am saying and am backing it with "money where my mouth is".
please, don't make assumptions, before you get to know someone.
Posted by Egg Inspector on :
Blue Marlin'
Clear your PM's!
Posted by quickpicker on :
I am still holding my position and am considering buying more at this level as well. Was away from the computer today and could'nt post till now but some of us are still here with you.
Posted by dollar13 on :
Most of the penny stocks drop like a rock right after they get to the top and the VOLUME DECREASE BIG TIME good for day trader. Look XKEM 5 day droping and the volume high every day what does that tell you.
Posted by Egg Inspector on :
quote:Originally posted by bond006: --------------------------------------------------------------------------------
8% institutional buy today..... great No wonder they were trying to bring it down.
that is AWESOME Bond...I feel much better. you know I've been looking more and more at Inst. Buys. they don't muck around and take chances. unless they are very aggressive hedge funds, they don't assume very much risk.
this is a great sign for XKEM. better than most will give it credit for, IMHO
-INSTITUTIONAL BUYING- quick facts from today and the past month:
AAPL (Apple) 8% TODAY / 15% MONTH AVG.
MSFT ( Microsoft) 23% TODAY / 35% MONTH
HD (Home Depot) 9% MONTH
GE (General Electric) 14% TODAY / 11% MONTH
T (A T & T) 18% TODAY / 21% MONTH
Basically, Xechem, and it's main medication NICOSAN were thought of highly enough today that 'Long Term Investors put their money in, on equal terms with Apple (AAPL), and nearly equal to Home Depot(HD).
the only other explanation would be that the rumor of a big Pharm. company is buying up shares is true. that would be in the Inst'l category
either way, good news for those still holding XKEM shares, IMHO.
see for yourself. (confirm all numbers above-from 7/12/06)
------------------------------------------------- do your own DD, make your own decisions GLTA -------------------------------------------------
INSTITUTIONAL BUYING, by definition:
Institutional - A trade reported by a major brokerage firm which typically trades on behalf of major mutual funds/portfolio managers. While these firms also have retail branches, the amount of trades reported on behalf of institutional investors dwarfs the limited amount of retail trades that are reported. Additionally, institutional broker/dealers often maintain internal house trading accounts as "market makers." When these firms report their activity, it is impossible to determine whether the trades were executed on behalf of an institutional client or for the firm's own house trading accounts. While trading patterns for institutional clients and house accounts tend to differ, the fact that "Big Money" is behind the trades means that these investors/traders have the ability to move markets.
Retail - A trade reported by a broker that primarily executes on behalf of retail investors such as Charles Schwab's Mayer Schweitzer.
Non I-Watch - This portion of the chart refers to trades not reported over Thomson's proprietary communications network. Broker participation is voluntary, so it is rare that all trading volume is accounted for. These trades can be related to either institutional or retail trading. The ability to compare today's activity to prior 30-day average lets you know if today's activity, specifically the breakdown between Institutional and Retail, is "unusual" relative to the rolling 30-day average.
----------------------------------------------------------after this post, I'm headed home.
Good night, Good luck, and Good news tomorrow.
Posted by dollar13 on :
sound to me like MM will not have shares to play with this if institutional are buying..
Posted by nammer21 on :
That's funny. Comparing Xkem to the likes of Apple and Microsoft.
I think those two comapnies have a little something called revenue and profits.
Posted by dollar13 on :
quote:Originally posted by nammer21: That's funny. Comparing Xkem to the likes of Apple and Microsoft.
I think those two comapnies have a little something called revenue and profits.
what are you talking about????
Posted by money 76 on :
i think this is the lowest this stock can go .
time to load up.
this stock will run higher imo after the 14th.
we will surely see some more pr .
Posted by dollar13 on :
[QUOTE]Originally posted by nammer21: [QB] That's funny. Comparing Xkem to the likes of Apple and Microsoft.
this is penny land helllloooo..
Posted by chevon2020 on :
quote:Originally posted by money 76: i think this is the lowest this stock can go .
time to load up.
this stock will run higher imo after the 14th.
we will surely see some more pr .
Why? Whats suppose to happen after the 14th?
Posted by money 76 on :
u will know on monday . relax have some patience
chevon.
Posted by chevon2020 on :
Oh, if you could see my portfolio you would know why I have no patience.
Posted by 10of13 on :
chevron...at the bottom of the pr's is a guy named Steve..I can't remember his last name...bond claims to have spoken to him...in any case...it is said that he will be back from nigeria on the 14th...the hope is that upon his return..there will be some factual information put out...it might take a couple more days after the 14th...but around then "we" hope to hear something...
Posted by 10of13 on :
I just spoke with a top XKEM executive for 20 minutes about the company prospects - near and long term.
It was a very reassuring conversation. He said he didn't understand the run up to 11 or the current crash. He said he wasn't concerned with the markets and the company was focused on getting this drug out to everyone that needs it.
I told him that I thought the run was based on the 500 million dollar revenue projection from a nigerian article quoting Dr. Pandey that's been circulating around the web. He wasn't aware of that projection and said that the company hasn't formally released revenue projections yet. But I threw out some numbers based on the 500 million dollar projection that he said were definitely in the ballpark.
He said that the current share count was more like 1.4 billion with more shares to be converted. He said that the major concern of the company was to keep up with demand. They are trying to avoid shortages that would cause someone to start the drug and then lose access to it and have an SCD crises.
He said that the ramp up to meeting full demand wasn't very far off (within months) and the company foresees eventually treating at least a million nigerians with a daily dose of Nicosan. He said that they are working to formulate a revenue update that will be released perhaps within the next week.
This would have been a little more credible if the guy would have said what the "top executive's" name was...I thought that "all the big wigs" were still in Nigeria.... Posted by dollar13 on :
quote:Originally posted by money 76: u will know on monday . relax have some patience
chevon.
People don't have PATIENCE that is why we saw that panic sell this pass days. Big problem don't you think, if investors don't hold their shares MM are the KINGS.
Posted by money 76 on :
panic sell i understand
but do you think this stock will go less than 0.02
i dont think so. get aboard and see this stock go high again imho.
Posted by money 76 on :
Clinton, World Bank President for Abuja summit • Wednesday, Jul 12, 2006 Former U.S. President Bill Clinton and the World Bank President, Dr Paul Wolfowitz, are expected in Nigeria next week for the 7th Leon Sullivan summit.
The summit was established by the late Rev. Leon Sullivan in 1991, to bridge the business gap between Africans and African Americans in the US.
A statement from the organisers of the summit in Abuja said 15 presidents and Heads of Government had confirmed their participation at the event scheduled for Abuja from July 17 - 20. It said that Clinton would attend the summit’s opening luncheon and deliver a speech.
The statement said Wolfowitz would address leaders of the corporate world and foreign investors, who would want to explore business opportunities.
Presidents and Heads of Government expected at the summit are those of Senegal, Ghana, Liberia, Trinidad and Tobago, Rwanda, Mauritania, Burkina Fasso, Benin Republic, Togo, Niger, Gambia, Jamaica and Mauritius.
imo president of nigeria would speak about the sickle cell disease and the launch.
Posted by dollar13 on :
quote:Originally posted by money 76: panic sell i understand
but do you think this stock will go less than 0.02
i dont think so. get aboard and see this stock go high again imho.
if it goes less than 0.02, that would be more panic sellers. But like i said before this will come back from the bottom easy but remember INSTITUTIONAL are buying now. So i wouldn't expect the 0.02's that is my opinion.
Posted by 10of13 on :
quote:Originally posted by money 76: panic sell i understand
but do you think this stock will go less than 0.02
i dont think so. get aboard and see this stock go high again imho.
Money...you post that it won't go below .02 just a couple of posts above you say
money 76 Member
Member Rated: posted July 12, 2006 08:06 PM -------------------------------------------------------------------------------- i think this is the lowest this stock can go .
time to load up.
this stock will run higher imo after the 14th.
we will surely see some more pr ."
It's at .033 now...to some that is a big difference...
make up your mind..or just do the right thing and say..."I don't know how low it will go"
This may fall more...no one knows...
Posted by money 76 on :
well 10 of 13 i dont understand why this stock is in this place .
panic selling but honestly if this stock would have been 0.033 today and if the news of nafdac would have come out tomm where would have this stock been
not 0.035 for sure . i would say anywhere from 0.08 to 0.10 .
what is wrong some rumors of dilution is bringing this so low . there has to be an upside.
Posted by 10of13 on :
Money..no one understands...we will all have to see what is to come...
Let's just not "lead" people into believing that it "can't" go lower...
Posted by Batman on :
I personally think XKEM is going down because of panic selling. I think the interest is gone, and so is the demand for the shares. The news that everyone was waiting for came out(APPROVAL). The first sign that this would drop and continue to drop, was when this finished red the day of approval.
[ July 12, 2006, 22:59: Message edited by: Batman ]
Posted by bond006 on :
In reply to: txprincess7 who wrote msg# 25036 Date:7/12/2006 11:53:09 PM Post #of 25076
I left $1.5M on the table here. I think I own the IDIOT record.
later BigD
Posted by bond006 on :
I will leave you with a thought for the evening don't be suprised if you see a form 8 come out about the private financier Chassman that she is exercising her convertable warrants she has dumped before and she could be dumping now she can exersise them at .02 and the company might want them out of the way so maybe it won't go under .02 just food for thought.
Posted by Batman on :
Posted by: bigdaddyc25 In reply to: hockeypond who wrote msg# 25048 Date:7/13/2006 12:01:14 AM Post #of 25091
I am an IDIOT. I own 20M shares of this. I bought almost all of them at a penny. I sold NONE at the highs or on the way down. I am not rich at all. I fell in love with XKEM, and accumulated eveyrthing I could for months as Chassman was dumping. All in all, I put over $200K into this. I still hold 95% of my holding. Still up about $500K.
later BigD
Posted by Egg Inspector on :
good morning all. let's hope for a brighter day today.
current: 13.07.2006 12:26
ISIN/Name Security Code No./ID: Search Snapshot Details Price Chain Order Book
Description Exchange Currency Last Price/qualifier Bid / Ask Tendency Today´s High Previous Close Volume Derivate ISIN / Security Code No./ID Date Time Time Change absolute / % Today´s Low Opening Price Last / Total XECHEM INTERNATIONAL INC COM USD0.00001 US9838953019 / 548177 BER
an auspicious thought, to say the least!
Posted by Egg Inspector on :
Thursday, one of XKEMs' traditional PR days.
with everyone whos who out of the country, let us hope they surprise us, huh?
would it be inappropriate to pray for this? Posted by phone_man on :
Quin bought a boatload of stock on Tuesday around the .045 mark (roughly). I doubt they will be holding their bag for too long and end up selling for a loss. They own roughly 10% or more of the OS.
Something to think about.
Posted by phone_man on :
Berlin down to .027/.034 US. Still holding. If this is an indication of what is to come today then we may not see green but at least holding. Would be nice to break this current pattern and start inching our way back up.
Posted by trade04 on :
quote:Originally posted by phone_man: Berlin down to .027/.034 US. Still holding. If this is an indication of what is to come today then we may not see green but at least holding. Would be nice to break this current pattern and start inching our way back up.
give me a break berlin trading has NOTHING to do with american trading of the stock. and in no way dictates price movement
Posted by freddy79 on :
Gappign down like always
Posted by BULListic on :
It's green....time to throw a party Posted by freddy79 on :
funny things did you see when it was at .034 all this buys comming and it didnt moved at all. Seems fishy or unless lots of MM's were sitting at .034
Posted by dollar13 on :
We got some buying pressure guys get ready....
Posted by freddy79 on :
Well today's a reversed way of starting the day. You know the other 5 or 6 days it always tank at the open and close with a big drop at the close. So if you take today's gain at the open could it close with a big EOD run? Here's to miracles Posted by freddy79 on :
is quin showing up on the L2's at all??
Posted by dollar13 on :
Looks like we are going to have our first green day.
Posted by tonicma on :
flip flip flip is all I can say, too risky right now to know where this is going. Still holding from .32 buy yesteday. Looking for a nice 20 to 30% flip.
Posted by phone_man on :
shh !!!! don't jinx it Posted by dollar13 on :
QUIN is in the ASK at 0.08
Posted by Egg Inspector on :
Peaser or Bond, you out there?
Posted by dollar13 on :
I wouldn't be waiting for the 0.02's .
Posted by freddy79 on :
I be happy if it closes between .038 and .041
Posted by Egg Inspector on :
hey, who is our chart guy, you know, resistance level, all that stuff, pennants, is it peaser?
Posted by freddy79 on :
yeah it's peaser I believe
Posted by dollar13 on :
Institutionals are taking over of this today. that is what i think.
Posted by Egg Inspector on :
Institutional buying was HUGE yesterday for a OTC/Pink, dollar. 8% listed on Lycos.
I don't care what argument someone comes up with on that one, that can mean nothing but positive things for XKEM IMO.
at the very least, big pharm. is interested, at the most, hedge funds are betting it to go through the roof. if they wanted a profitable play, they got lots of them on the boards.
to come 'down' to the Pinks, they have to have a real plan, and frankly, a lot of confidence.
JO Eggs HO
Posted by dollar13 on :
66 M in volume in one hour, and still green.
Posted by bond006 on :
Goog morning all I have to run to down town phoenix today. But it looks like it is going to have a little run.
Egg I am not a chart man like peaser a real loss to our board. I look at a chart once in a while but I play the fundamentals in the penny's
My Guess was Chassman was dumping heavy for the last few days she does that every once in a while. If she stops we wil certainly bounce.
Posted by bond006 on :
quote:Originally posted by phone_man: Berlin down to .027/.034 US. Still holding. If this is an indication of what is to come today then we may not see green but at least holding. Would be nice to break this current pattern and start inching our way back up.
give me a break berlin trading has NOTHING to do with american trading of the stock. and in no way dictates price movement
trade, that's a bold statement: "Berlin trading has NOTHING to do with American trading" have you been watching the BSE? I have and the US markets have tended to follow the BSE per day. OK, it might be justified as trending, but, the rally, with no PR's etc.. the Momo, if you will, began on the BSE, and followed in US.
So... I wouldn't say that it "in no way dictates price movement".
My eyes have seen different.
JO Eggs HO
Posted by tonicma on :
Nice, got fill for a 15% gain. Stil money now its all downhill.
Loaded up on VNBL, the next NDOL
Posted by maumee river rat on :
This thing is in a death dive you guys!!!
Mid to low 02's are gunna be here within a week...be carefull...I am monitoring charts for re-entry....Don't like what I'm lookin at right now...
Posted by worthashot on :
Lots of buys at .033.
Posted by bond006 on :
Thanks maumee we lost our good chart people you and peaser
Posted by worthashot on :
finally back into the green
Posted by bond006 on :
Somebody on Ihub said they talked to Steve I just called Steves number and cell message on both. And I called Barbara in New Jersey she said wll not be back until tomarrow
Posted by trade04 on :
this stock will do just fine =)
Posted by millionaireat30 on :
hey bond. i was also skeptic of the guy that said he talked to steve on ihub but i kept calling steve's cell, and he finally picked up. i called him exactly 10 pacific time. i didn't ask any questions though. just wanted to see if he was back.
Posted by 10of13 on :
quote:Originally posted by millionaireat30: hey bond. i was also skeptic of the guy that said he talked to steve on ihub but i kept calling steve's cell, and he finally picked up. i called him exactly 10 pacific time. i didn't ask any questions though. just wanted to see if he was back.
So what did you hang up on him?
Posted by millionaireat30 on :
lol no i just asked him if he was back and if there was news coming, and he said yes. i didn't ask when they plan to release the news, but since he's back i'm expecting them to put one out no more later than tuesday i presume.
Posted by dollar13 on :
we got about 24 mm in the bid at 0.03's
Posted by bond006 on :
Well if he is back then thoes folks must have talked to him and the News about the 8.2 is trure. Folks said it was done and he was just waiting for an ok to pr from Nigeria
Also there is people that have been checking into the Chassman dump they said if you read the last form10 she still has 400million shares from her previous loan and that she has been dumping through Nite, almost done they think about monday or tuesday and that would clear her off the books for the previous loan. And corodinate with a pr. This is just an educated guess by three people I know so don't panick sell yet I think we are a few days away from being on our up trend
Posted by bond006 on :
Looks like this puzzle is coming together IMHO
Posted by worthashot on :
quote:Originally posted by bond006: Looks like this puzzle is coming together IMHO
please explain
Posted by bond006 on :
Sell off 400million share dump by Chassman pps tanks news next week dumpers gone stock runs IMHO could be wrong but thats what I feel only time will tell and that the way I am going to call it as I see it now.
Posted by worthashot on :
makes sense, it does look like the Chassman dump is over, lots of buys today, looks like it is getting some support here
Posted by millionaireat30 on :
i completely agree bond. i am loading today and tomorrow. i hope we do a complete reversal upwards and never have to look at these levels again. the volume speaks for itself.
Posted by dollar13 on :
i hope we'll see a EOD run.
Posted by bond006 on :
I don't think its over yet as far as chassman goes but it is close I think monday or tuesday over by then
Posted by bond006 on :
Posted by: Vet In reply to: Great Karma who wrote msg# 25597 Date:7/13/2006 2:25:15 PM Post #of 25614
Just got off the phone with the lady from XKEM, She said that there will be a PR tomorrow about the production and sales of the drug. It will rock before close Q's call and Confirm this.
maybe the dump will be over today?
Posted by doling2005 on :
This is the bottom...in big here..
Posted by ruskin_muskin on :
stock seems to be gaining strength around 0.033.. this should be start of uptrend!!!!
Posted by bond006 on :
Looks like Vet lied can't get through to barbara but a man told me no pr's for tomarrow that he knew about
Posted by one2watchny on :
all up from here Posted by one2watchny on :
ready to see +13.33%
Posted by dollar13 on :
yes yes yes that is what i am talking about the begining of another run.
Posted by dollar13 on :
a lot of people loading up right now...
Posted by one2watchny on :
1.5% left to go
Posted by one2watchny on :
1.51 short...... Posted by dollar13 on :
My XKEM chart start to look good again. LOL what a beautiful day. i think i going to celebrate i am heading to a strip club. Have a nice day guys
Posted by Egg Inspector on :
I found this post:
quote:JF Posted: Yesterday, 6:41pm
Member
Posts: 8
If we can close above .03 for the bottom of the trough, we could, looking at the charts, be in an uptrend over the past 4 weeks. Must run or I would post the chart. here is the link.
link; http://stockcharts.com/h-sc/ui?s=xkem ----------------------------------------------------------- so I grabbed the chart ------------------------------------------------------ Here is chart from EOD Today 7/13/06
I am not against Chassman at all she loaned xkem money when nobody eles would
Posted by Egg Inspector on :
note the blue line
slow and steady wins the race Posted by phone_man on :
Hey we broke the trend today !
Posted by GreenDay on :
I've been out of town all week. WOW - I can't believe the PPS last week vs. today.
I've been looking through this new thread and can't seem to find any answers to last weeks dilutions rumors. Can anyone tell me anything?
Posted by Egg Inspector on :
I'm going to post a brief history of the O/S and Share balance of this company over time.
I was given this information, by a very reliable source.
Thank You (you know who you are ) I don't know if you need to find SEC filings, or Corporate earnings, 10Q, and other statements by Xechem to verify.
it is certainly a negative. I don't fully understand it. but it needs to be seen by all. I will also post my response. my undying, optimism, and the logic I use to arrive there.
(if this only serves to warn other of the crap XKEM has and might pull, then so be it.)
we should all do our own DD. and once we gather all available info, make our own Decision! here goes.
quote:OK. I'm not sure where to go with this or where the company is headed with this, but looking at all the sec filings, I have come to no conclusion about where this stock is headed now that they finally have a marketable product. That said, their past practices have me worried and we may well be nothing more than pawns in their financial schemes. I appreciate any thoughts you have to this.
They started out with the IPO in 4/1994 with 18,000,000 authorized shares. They have had as many as 499,950,000,000 authorized shares during the past 12 years. With 18 million authorized, they had the following outstanding shares: 5-1996 - 6,559,311 6-1996 - 7,483,494 11 - 96 - 7,761,094
Late 1996 David Blech enters agreement for 55,000 shares at $5.5 million convertible to 110,000,000 common shares or 93.6% of outstanding shares. He had controlling rights to make business decisions. Also in 1996 Xetapharm was formed for OTC products. Note there were little revenues from then through today, having only had just over $2 million total through the life of the company. In Jan. 1997 they changed from 18 million authorized to 247,000,000. They were delisted from NASDAQ on 2-4-97
In a meeting 12-98, they discussed and tried to have a 75 for 1 reverse split of outstanding shares and leaving authorized shares unchanged. This appeared to me to mean that 139,850,839 million shares would be reduced to 1,864,678 and there would still be 245,635,322 remaining authorized shares left to dump right back into the market, virtually making what should be worth 75 times more of no additional value. I didn't find anything that showed they did in fact vote in favor of this.
With the difference of authorized and outstanding shares in April at 1,067,997,449 and the possible dilution, this could be a good reason for the sharp decline. Also, they have a pattern of manipulating the shares to get whatever they want. Not sure since they are back at 2 billion shares if they will do another reverse or add to the authorized and flood the market with more outstanding shares and then reverse. They steadily flood the market with more outstanding shares and this has definitely hurt the pps.
These figures are close and may not be 100% accurate. Just thought I would throw these figures out there for you to ponder. Any ideas what might happen from here. They have numerous loans outstanding. But they now have a viable product. They have had the over the counter product division for 10 years and what has it produced. They have bought out companies to no avail and worked with many others in formulation deals and all this has resulted in nothing of notable value. Lots to consider. We can hope enough people have called and demanded some clarification on their projections and the dilution along with other questions I spoke to a board member about yesterday.
---------------------------------------------------------- He then stopped and asked for feedback - I gave him feedback. --------------------------------------------------------- Egg response:
I'm a newB still, as you know, and the information here is definitely over my head, but, it doesn't sound good.
FOLLOWING IS A SCENARIO. ONE SPECULATED BY THE EGG INSPECTOR, TO TRY TO EXPLAIN WHY THIS COMPANY HAS BEEN SO POOR WITH THEIR FINANCES, AND THEIR FINANCIAL RELATIONSHIPS, BUT SURVIVED TO BE HERE TODAY WITH THIS TREMENDOUS OPPORTUNITY. THIS IS A GUESS.
my only hope, and I am eternally optimistic once I've committed, is that Mr. Pandy is rare in the fact that he:
*has committed his career to finding and bringing to market natural meds, for the benefit of mankind.
*he is not a savvy business man and has basically stumbled through the Corporate world. He got VERY LUCKY.
He, always struggling, and trying to keep his company alive just long enough to find the right opportunity (medication) at the right time.
* with hard work, perseverance, and luck he stumbled into NICOSAN and saw it as the savior of his company.
* now, like the actress that made those B movies when first starting, and that 1 porno when she was desparate and her stomach was empty, he is haunted and forever will be, with his association with Mr. Blech and a track record of sticking everyone, and everything in order to have Xechem survive.
* He always justified these'moves' by thinking 'when I save lives, and find the *'miracle cure', every crappy deal, and shady partner will have been worth it.
*(you do think research Doctors still dream like this, don't you?)
disclaimer: the above is strictly speculation and has no evidentiary basis. Posted by GreenDay on :
Thanks Egg!! Through my past DD I was aware of some of that old history. I was mainly worried about the last two weeks since our Nigerians approval from out .11 high to this .03's. But you make great points about the crap they are capable of. I have no choice but to hold long now. I sure hope they put out some news soon to address of the financials...
Posted by madmax526 on :
Nice Find madmax, I hope you don't mind that I copied and pasted it:
Editorial Agriculture Arts and Review Banking and Finance Business and Economy Education Energy, Oil and Gas Entertainment Letters Religion Science and Technology Tourism
Editorial Hope for sickle cell patients
Features World Bank partners Oyo to eradicate poverty
Opinion Thoughts on cabinet reshuffle
Politics 2007: The southern senators’ agenda
Hope for sickle cell patients BABIES are blameless. But some babies, though clearly innocent, are given the death penalty. They are seen as foetal felons and their time on death row begins as soon as they are born. Many of them, when their minds free themselves from the morning mist of infancy and reach the warm climate of cognition, wish they were never born.
THEIR world is not kaleidoscopic, is compressed into that of red-hot pain. Unlike some murderers and rapists on death row, they have no remission, no reprieve. Their torment is not spent like a hurricane, the hurt hurtles on, clearing all herbal hurdles.
A sickle cell patient, puny though he is, has to contend with many vicious attackers. He is prone to stroke, kidney damage and an exceedingly painful condition in men called priapism. Sickle cell disease should own the patent for Viagra, though its cure for impotence impales men on a staff of suffering.
THE cause of sickle cell disease has been known for decades. It is caused by an errant gene. The gene is very well known, has long been caught in the searchlight of science. So why has it not been crushed like a rabbit confused and immobilised by a car’s headlamps?
THE disease is partial to blacks. This is supposed to be because they live in an area where malaria is endemic. This does not explain why African-Americans, far more than other races in the United States, are afflicted with the disease. Or why Italians – the word “malaria” comes from the Italian “mal’aria”, meaning “bad air” – are not swamped with the disease.
IT has been said the big pharmaceutical companies in the West are not ready to spend good money funding a cure for sickle cell disease because the sufferers are mostly blacks and too poor to afford the drugs. There may be some truth in this, as manufacturers of HIV drugs had to be shamed into allowing cheaper copies of their drugs to be made.
SO sickle cell patients continued to experience crises of pulverising pain and then the final crisis, which came as comfort.
UNTIL now. Now, there is real comfort. It is the comfort of life and not the relief of death, of freedom from infernal pain. A cure has been found for sickle cell disease and the breakthrough was made by Nigerians. The Minister of Science and Technology, Professor Turner Isoun, disclosed this at a news conference on Tuesday, July 4.
THIS significant news was not reported by many newspapers and those that did buried it in their inside pages. Were they erring on the side of caution? Did they smell another Abalaka vaccine controversy?
THE minister said serious research by scientists at the National Institute for Pharmaceutical Research led to the discovery. The drug, called Nicosan, was then manufactured by a pharmaceutical company in Nigeria, Xechem Pharmaceuticals Nigeria Ltd.
THE drug is said to be a potent cure for the disease. The World Health Organisation (WHO), according to the minister, had pronounced the drug the world’s most effective in the treatment of sickle cell disease. The drug has also been certified safe and succouring by the demanding Food and Drug Administration of the United States and regulatory agencies in Europe. A Congressman, Sharon Beasley-Teague, was present at the minister’s news conference and praised the Nigerian scientists who discovered the drug.
THE discovery of a cure for sickle cell disease by Nigerian scientists and the manufacture of the drug by a pharmaceutical company in Nigeria are, indeed, uncommon achievements. The discovery is as important as finding a cure for AIDS. Sickle cell disease brings misery to millions of people around the world. And like AIDS, it weakens immune system and death results.
NIGERIA, with the discovery and manufacture of the sickle cell disease drug, has taken a great step for humanity. Sickle cell patients can now expect to live a normal life. Most of them died before they were 50; some of them, with the blessing of their creator, may now live to a ripe old age.
FOUR million Nigerians are said to suffer from sickle cell disease. Though there is now a cure for the disease, everything should be done not to add to the number of sufferers. The disease is very easy to prevent. All it takes is to know one’s genotype. A person whose genotype is AS should not make babies with anybody with an identical genotype. If they do, their individual single gene AS will combine to form two sickle cell genes – sickle cell disease – in their baby.
THE problem in Nigeria is that many people do not have information on genotype screening. They live in ignorant bliss but anguish comes to stay when they have a child with sickle cell disease. There is a sickle cell support group in Nigeria but it appears it does not have much money to engage in a sustained awareness campaign. It is usually heard of during its annual meeting.
THE government and the private sector should be involved in providing information about the disease. In the United States, many newly born babies are automatically screened for the disease. The same thing should begin to happen in government hospitals in Nigeria. Children and adults should be given access to subsidised screening, if not totally free. The government can afford it. Reagents do not cost the earth.
THE discoverers of the sickle cell disease drug deserve national honour. And, who knows, a Nobel Prize may follow.
Posted by madmax526 on :
Hope for sickle cell patients
BABIES are blameless. But some babies, though clearly innocent, are given the death penalty. They are seen as foetal felons and their time on death row begins as soon as they are born. Many of them, when their minds free themselves from the morning mist of infancy and reach the warm climate of cognition, wish they were never born.
THEIR world is not kaleidoscopic, is compressed into that of red-hot pain. Unlike some murderers and rapists on death row, they have no remission, no reprieve. Their torment is not spent like a hurricane, the hurt hurtles on, clearing all herbal hurdles.
A sickle cell patient, puny though he is, has to contend with many vicious attackers. He is prone to stroke, kidney damage and an exceedingly painful condition in men called priapism. Sickle cell disease should own the patent for Viagra, though its cure for impotence impales men on a staff of suffering.
THE cause of sickle cell disease has been known for decades. It is caused by an errant gene. The gene is very well known, has long been caught in the searchlight of science. So why has it not been crushed like a rabbit confused and immobilised by a car’s headlamps?
THE disease is partial to blacks. This is supposed to be because they live in an area where malaria is endemic. This does not explain why African-Americans, far more than other races in the United States, are afflicted with the disease. Or why Italians – the word “malaria” comes from the Italian “mal’aria”, meaning “bad air” – are not swamped with the disease.
IT has been said the big pharmaceutical companies in the West are not ready to spend good money funding a cure for sickle cell disease because the sufferers are mostly blacks and too poor to afford the drugs. There may be some truth in this, as manufacturers of HIV drugs had to be shamed into allowing cheaper copies of their drugs to be made.
SO sickle cell patients continued to experience crises of pulverising pain and then the final crisis, which came as comfort.
UNTIL now. Now, there is real comfort. It is the comfort of life and not the relief of death, of freedom from infernal pain. A cure has been found for sickle cell disease and the breakthrough was made by Nigerians. The Minister of Science and Technology, Professor Turner Isoun, disclosed this at a news conference on Tuesday, July 4.
THIS significant news was not reported by many newspapers and those that did buried it in their inside pages. Were they erring on the side of caution? Did they smell another Abalaka vaccine controversy?
THE minister said serious research by scientists at the National Institute for Pharmaceutical Research led to the discovery. The drug, called Nicosan, was then manufactured by a pharmaceutical company in Nigeria, Xechem Pharmaceuticals Nigeria Ltd.
THE drug is said to be a potent cure for the disease. The World Health Organisation (WHO), according to the minister, had pronounced the drug the world’s most effective in the treatment of sickle cell disease. The drug has also been certified safe and succouring by the demanding Food and Drug Administration of the United States and regulatory agencies in Europe. A Congressman, Sharon Beasley-Teague, was present at the minister’s news conference and praised the Nigerian scientists who discovered the drug.
THE discovery of a cure for sickle cell disease by Nigerian scientists and the manufacture of the drug by a pharmaceutical company in Nigeria are, indeed, uncommon achievements. The discovery is as important as finding a cure for AIDS. Sickle cell disease brings misery to millions of people around the world. And like AIDS, it weakens immune system and death results.
NIGERIA, with the discovery and manufacture of the sickle cell disease drug, has taken a great step for humanity. Sickle cell patients can now expect to live a normal life. Most of them died before they were 50; some of them, with the blessing of their creator, may now live to a ripe old age.
FOUR million Nigerians are said to suffer from sickle cell disease. Though there is now a cure for the disease, everything should be done not to add to the number of sufferers. The disease is very easy to prevent. All it takes is to know one’s genotype. A person whose genotype is AS should not make babies with anybody with an identical genotype. If they do, their individual single gene AS will combine to form two sickle cell genes – sickle cell disease – in their baby.
THE problem in Nigeria is that many people do not have information on genotype screening. They live in ignorant bliss but anguish comes to stay when they have a child with sickle cell disease. There is a sickle cell support group in Nigeria but it appears it does not have much money to engage in a sustained awareness campaign. It is usually heard of during its annual meeting.
THE government and the private sector should be involved in providing information about the disease. In the United States, many newly born babies are automatically screened for the disease. The same thing should begin to happen in government hospitals in Nigeria. Children and adults should be given access to subsidised screening, if not totally free. The government can afford it. Reagents do not cost the earth.
THE discoverers of the sickle cell disease drug deserve national honour. And, who knows, a Nobel Prize may follow.
Posted by madmax526 on :
you beat me too it...best news article I've seen so far..get this around to all the boards guys..
Posted by jack37 on :
This think can go all the way if we work it right. It hit 1.20 not long ago I look for .75 in two weeks if we keep buying and hold tight. Do the math boyz 100000x .75 =$75000.00 Big ons all at one time. 8 years we turned a .05 stock into a $3.65 winner by holding on and not saleing. I only had 10,000 *.22 but after it got to $3.65 I had 36,500.00 the stock was REDOCK Then ultc went from .05 to $5.45 again only 10,000 but $54,500.00 not bad eather. Play this one right and you'll see 75. - $1.25 Now me I would love to take that bad boy down, Thats down to the bank. so PLEASE hold long and storng.
Posted by jack37 on :
Sorry wrong post!
Posted by T e x on :
"get this around to all the boards guys.."
Posted by jack37 on :
*XKEM* Home Office Visit Very Interesting Read! In reply to: None Date:7/13/2006 4:01:16 PM Post #of 25762
My trip to XKEM (7.13.06) - The Xechem office is located in the heart of New Brunswick, NJ. An old industrial city but also home to Rutgers University & the Robert E. Woods Medical Facility, which is one of the preeminent medical facilities in the state of NJ. The XKEM building is in an old converted warehouse 1 block from the medical facility. There is no fancy lawn or large glass building. It is a working facility. The building is old but clean. They are not spending money on fancy digs. They are more than adequate though. They occupy 35,000 sq. ft. of space, the entire 3rd floor of building B & it contains a working lab.
The office was quiet today as it is being staffed by a limited group. There was Dr. Pandey’s Exec. Asst., the infamous receptionist, an accountant, lab people, & a few others. I spoke with Dr. Pandey’s assistant for over 1 hour. Six persons from the office are in Nigeria or enroute from Nigeria today. Dr. Pandey, the chairman & CEO was in Zimbabwe but will be in Abuja by tomorrow. He was in Zimbabwe giving a speech, which was well received. Howard Becker, the VP of Operations had returned home, but had not come into the office yet.
As I had stated, I spoke with Dr. Pandey’s assistant for over an hour today, actually through her lunch break. This woman has been the one holding down the fort & is in good spirits. She said that she has gotten a lot of calls from investors this week. I began our conversation by asking how she felt about the future of Xechem. She is excited but apologized for not being able to tell ma how the share price will react. Nonetheless, she thinks they have turned a corner. For clarification purposes, I asked who were the officers of Xechem. Truthfully in all the DD I had done, I could not truly ascertain who the officers were. Xechem is really Dr. Pandey, Howard Becker, the VP of Operations & Col. Bhuwan Pandey, who heads the operations in Nigeria. That’s the staff of Xechem. Of course, Steve Burg, a member of the BOD, handles IR for them as well. This led to a discussion about additional staffing. This has been discussed by Dr. Pandey & Barbara and Barbara does expect to that they will be hiring in the future. She has expressed a serious need & does have input on the hiring of administrative staff.
She is also a shareholder, although not anywhere near concerned as us. She bought her shares on the open market & like us, has numerous relatives invested in XKEM. She is aware of the recent stock prices but it really is of little concern to her. She is focused on working for the company. I do believe they were very unaware of the shareholder following that they have. From our conversation I got the idea that Dr. Pandey is a scientist & that his complete focus has been centered solely on getting approval & production in Nigeria. This led to our conversation about lack of information provided to the shareholders. Again, she was unaware of our need & desire. Information, such as the fact that he was at the Bristol-Meyers conference in Tennesse, or that he spoke at an anti-malaria conference in Paris, or that he was the invited speaker this week at a conference in Zimbabwe need to be made public. I informed Barbara, that information like this provides additional support for Xechem’s reputation.
Another topic was production. It has started and is ongoing. Both Barbara & the poor young girl on the front phone stated this to me. They could not provide numbers, prices, for whom, but they did say they were producing. While I was there, Dr. Pandey called. He was in Zimbabwe & his speech was well received. He was excited about recent events but tired. He will be back on the 21st I believe. It is doubtful that he will be of any import at the upcoming conference in Nigeria if he is even there at all. Let’s end that rumor now. He will be in Bethesda, MD for theASP(?) Conference in the near future though. If he has any role of importance, some news should be available to at least shareholders. Dr. Pandey has been out of touch due to a situation with his cell phone. Seems that a number was given out by a rival service provider & some poor woman was swamped with calls, FWIW. Dr. Pandey sounded excited & happy from what I could make out.
Other topics that I did broach were the $8.2 million loan. Barbara believes they will get it, but referred further questions to Steve. Support from Nigerian government – Barbara said they supported Xechem but that Xechem was still a foreign firm & that trust was being developed, although having Obasanj & Isoun made a great statement.
As for me, I expressed the deep disillusionment felt by the shareholders concerning the lack of PR & news. It is something that Steve has made clear that is needed by XKEM & it is something that needs to be stressed by us.
Overall, I’m optimistic. You have not invested in some multi-national corporation. It is a small company that is finding it’s feet. We shareholders need to be more vocal. Please do not stop at Steve. I believe that Howard Beckman, the VP of Ops is key. E-mails & phone calls must be made to he & Steve. I will be sending Howard, Steve, & Barbara the list of questions compiled from Penny-Pickers with a letter demanding answers to these questions & that they begin to be more informing for us. I am optimistic for the long term. I have stopped looking at the streaming quotes but will continue to press Xechem for more transparency and a more proactive outreach. It is my suggestion that we all do this. Again, I as optimistic as ever but also more aware. Go long & you should do very well.
Best regards, Mike
- - - - - View Replies »
Posted by jack37 on :
Found the above report on Raging Bull
Posted by money 76 on :
wow
this company is legit . i am long
all the best .
Posted by phone_man on :
Any predictions for tomorrow?
Posted by dollar13 on :
I'm a newb so take this with a grain of salt. Today lots loaded up "like you said". That is going to put a spin on the am open. Going to be plenty looking to flip keeping it from going up. Institutional and MM's don't want it to go up if they are looking to get in for more. Mid day will be usual. The close is what I am concerned about.
Posted by Egg Inspector on :
I read this article, during my nightly DD and went "WOW, that sounds like what is happening over at XKEM."
I'm not saying 'this is the answer', I'm not even saying I totally understand the concept of "embracing volatility".
It is just that this last 2 weeks has felt like a roller coaster ride, and I am looking to make sense of it (avoiding Xechem is a POS as the raeson.....LOL)
Relax, A Volatile Stock Market Is Your Dearest Friend by Steve Selengut
Most people never forget their first love. I'll never forget my first trading profit. But the $600 (1970 dollars) I pocketed on Royal Dutch Petroleum was not nearly as significant as the conceptual realization it signaled. I was amazed that someone would pay me that much more for my stock than the newspaper said it was worth just a few weeks earlier! What had changed? What had happened to make the stock go up, and why had it been down in the first place? Without ever needing to know the answers, I've been trading RD for thirty-six years.
Looking at scores of similarly profitable, high quality companies in this manner, you would find that: (1) most move up and down regularly (if not predictably) with an upward long-term bias, and (2) that there is little if any similarity in the timing of the movements between the stocks themselves. This is the "Volatility" that most people fear and that Wall Street loves them to fear. It can be narrowly confined to certain sectors, or much broader, encompassing practically everything. The broader it becomes, the more likely it is to be categorized as either a rally or a correction. Most years will feature one or two of each. This is the natural condition of things in the stock market, Mother Nature, Inc. if you will. Don't take her for granted when she gets high, and never ignore her when she feels low. Embrace her volatile moods, work with them in whatever direction they travel, and she will become your love as well!
[B]Ironically, it is this natural volatility (caused by hundreds of variables human, economic, political, natural, etc.) that is the only real "certainty" existent in the financial markets. And, as absurd as this may sound until you experience the reality of it all, it is this one and only certainty that makes Mutual Funds in general (and Index Funds in particular) totally unsuitable as investment vehicles for anyone within seven to ten years of retirement! How many Mutual Fund investors have retired recently with more liquid financial assets than they had seven years ago, way back in 1999? There will always be rallies and corrections. In fact, it is worthwhile to "go back to the future" to establish a realistic Investment Strategy. In the last forty years, there have been no less than ten 20% or greater corrections followed by rallies that brought the market to significantly higher levels. The DJIA peaked at 2700 before its record 40% crash in 1987. But at 1700, it was still 70% above the 1000 barrier that it danced around with for decades before... always a higher high, rarely a lower low. The '87 debacle was followed by several slightly less exciting corrections, but the case was being made for a more flexible, and realistic, Investment Strategy. Mutual Funds were spawned by a Buy and Hold Mentality; Mother Nature, Inc is a much more complicated enterprise.
Call it foresight, or hindsight if you want to be argumentative, but a long-term view of the Investment Process eliminates the guesswork and points pretty clearly toward a trading mentality that keys on the natural volatility of hundreds of Investment Grade Equities. During corrections, consider these simple truths: 1) although there are more sellers than buyers, the buyers intend to make money on their purchases, 2) so long as everything is down, don't worry so much about the price of individual holdings, 3) fast and steep corrections are better than the slow attrition variety, 4) always accept even half your normal profit target while buying opportunities are plentiful, 5) don't be in a rush to fill your portfolio, but if cash dries up before it's over, you are doing it "correctly".
Most of the problems with Mutual Funds and much of the increased opportunity in Individual Stock trading are functions of growing non-professional Equity ownership. Everyone is in the stock market these days whether they like it or not, and when the media fans the emotions of the masses, the masses create volatility that rarely under-reacts to market conditions! Rarely will unit owners take profits, particularly if they have to pay withdrawal penalties or taxes. Even more unusual are expert advisors who encourage investors to move into the markets when prices are falling.
A volatile market creates opportunities with every gyration, but you have to be willing to transact to reap the benefits. A necessary first step is to recognize that both "up" and "down" markets are forces of nature with abundant potential. The proper attitude toward the latter, will make you much more appreciative of the former. Most investment strategies require answers to unanswerable questions, in an effort to be in the right place at the right time. Indecisiveness doesn't cut it with Mamma... in or out too soon is not an issue with her. But wasting the opportunities she provides really ticks her off! Successful investment strategies require an understanding of the forces of nature, and disciplined rules of portfolio management. If you can transition back to individual securities, you will do better at moving toward your goals, most of the time, because the opportunities are out there... all of the time.
So let's adopt some new rules for this investment game and learn to live with them for a few cycles: Let's buy good stocks new and old at lower prices during corrections. Let's take reasonable profits on those that go up in price, whenever they are kind enough to do so. Let's examine our performance based on the results of these trading transactions alone and at market cycle examination points for a smiley faced change of pace. And one other thing...
Let's drink a toast to Mother Nature, her uncertainty, her volatility, and, of course, to our first loves. Steve Selengut http://www.sancoservices.com Professional Portfolio Management since 1979 Author of: "The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read", and "A Millionaire's Secret Investment Strategy"
Posted by phone_man on :
Good article Egg. Makes alot of sense.
Posted by money 76 on :
i think very soon may be next week xkem will not be in this forum
Posted by phone_man on :
money 76 - explain ???
Posted by money 76 on :
i mean to say it will be in 0.11 and up forum
i feel coming months xkem would be 0.75
Posted by phone_man on :
Very well could be !!
Posted by T e x on :
quote:Originally posted by Egg Inspector: I found this post:
quote:JF Posted: Yesterday, 6:41pm
Member
Posts: 8
If we can close above .03 for the bottom of the trough, we could, looking at the charts, be in an uptrend over the past 4 weeks. Must run or I would post the chart. here is the link.
link; http://stockcharts.com/h-sc/ui?s=xkem ----------------------------------------------------------- so I grabbed the chart ------------------------------------------------------ Here is chart from EOD Today 7/13/06
2-3 sequential closes (not prints) below .030 could easily be the "death knell" as all known factors now stand...
Posted by phone_man on :
Tex -are you still in this ?
Posted by 10of13 on :
egg...empty your mail box!
Posted by rocktrader on :
Nice read about XKEM....when is this summit and what is the significance?
I may get some position in this...it looks very promising...
*** XKEM on its way BACK to fair market value ***
Conversion almost done and if not will have little effect in this reversal.
GET IN BEFORE THE MASSES DO....
ONE trading day left until Nigerian SUMMIT
XKEM is the most watched penny out there..
The money flow speaks for itself...
14.6 Million last Friday, 7.8 Million last Monday, 6.0 Million last Tuesday, 9.6 Million last Wednesday 7.6 Million last Thursday 4.3 Million last Friday 7.7 Million on Monday (on a half day trading) 21.7 Million on Wednesday (a new record) 18.2 Million on Thursday 6.0 Million on Friday 7.1 Million this Monday 9.2 Million this Tuesday 6.2 Million this Wednesday 6.6 Million Today ===== 132.6 Million in last 13 trading days.
Expected short term PR list. ---------------------------- PR#1 - Non-dilutive 8.2 Million Dollar loan. PR#2 - Start of production. PR#3 - Exporting to other countries
The P/E is sometimes referred to as the "multiple", because it shows how much investors are willing to pay per dollar of earnings. If a company were currently trading at a multiple (P/E) of 20, the interpretation is that an investor is willing to pay $20 for $1 of current earnings.
Now lets take BRISTOL MYERS SQIBB (BMY) BMY has a P/E of approximately 15 and a market CAP of $$$ 49 Billion $$$.
Divide by the maximum number of outstanding shares (approx 2 Billion) worst case ...
$14,000,000,000 / 2,000,000,000 = $7.00
Now let's say they only get to sell to 10% of the people at first.
Why only 10 percent you ask? - Difficulty to ramp up production at first.. However the demand is there, just need to get production to the level of the demand. (Imagine opening a business where your sales are already pre-determined and waiting for you to simply act on them)
Let’s not forget how this will improve the lives of millions of sufferers and the publicity that it will create.
This is a WIN WIN for all involved.
10% of $7.00= $.70 stock..
Now add the rest of Africa (another 5 million cases) (as production increases)
easy double.. $1.40
Now export the drug to the rest of the world....
Over time, allow the production to ramp up & increase sales from 10% to 50%
Still want to give away your shares under 1.00 ? (and before the imminent PR’s above)
This is minimum a 400 Million dollar company and we have a 40 Million dollar market CAP. (that is a 10 bagger minimum)
Wake UP people and start buying...
Some past PR's.. ================ Xechem Receives Orphan Drug Designation From The FDA For Its Anti-Sickling Drug 5-HMF 6 Jun 2006 (BusinessWire) Xechem's Subsidiary -- Xechem Pharmaceuticals Nigeria -- Receives N150 Million Naira... 1 Jun 2006 (BusinessWire) Xechem Files Orphan Drug Application with the FDA For The Anti-Sickling Compound... 14 Mar 2006 (BusinessWire) Xechem Closes On $4.2 Million Lawsuit Settlement With Bristol-Meyers Squibb 25 Jan 2006 (BusinessWire) Xechem Completes Repurchase of $3 Million Convertible Loan From Alembic; Alembic... 12 Jan 2006 (BusinessWire) Xechem Receives $560,000 From Sale Of New Jersey State Net Operating Losses 29 Dec 2005 (BusinessWire) Xechem Settles Antitrust Lawsuit Against Bristol-Meyers Squibb for $4.2 Million 20 Dec 2005 (BusinessWire) Xechem Expands its Arsenal for Treating Sickle Cell Disease; Licenses New Anti-Sickling... 9 Dec 2005 (BusinessWire)
Posted by Purl Gurl on :
* rolls her eyes *
Oh brother.
Purl Gurl
Posted by ruskin_muskin on :
quote: 2-3 sequential closes (not prints) below .030 could easily be the "death knell" as all known factors now stand... [/QB]
why the "death knell" tex??? hanging around 0.03 for 2-3 days would only be it holding support around the 50 day MACD. do you want me to show how many charts hold support on 50 day MACD before popping up ( if company is beleived to have future).. check fgfc chart for getting insight on how stock can hold onto 50 day MACD.. it held onto that support for entire month of june. i can show you tonnes of more examples.. your chart analysis in this case hints towards scaring readers/shareholders to sell of their position rather than any real facts.. and newbie chart readers can get confused as to what indicators have to be looked for while reading charts..
Posted by repsag on :
LOL
Posted by Mambo7 on :
Berlin 0,031 € ----- 0,0393$
Posted by Mambo7 on :
Berlin 0,032 €----- 0,0406$
Posted by chad1518 on :
Purl Girl are you long or short on XKEM. Or not a player at all, just have nothing better to do than to put down other peoples idea's. or is it the mother syndrom, you feel like you have to caution us like children. just trying to get a read of where you are comming from. i have been on this site for a couple of weeks and love it, but i have never seen any positive out put from you. if we were not risk takers looking for positive's we would not be trading penny's. we would be trading companies at least 5 years old with lots of prior financials to study and figure out the worth of a company as i learned by reading rule # 1. please dont take this as an attack on you, but me trying to figure out how worthy your input is.
Posted by dollar13 on :
i notocice yesterday all the negatives posts were gone why they only show when we have bad days and no when this is getting ready to run again.
Posted by 10of13 on :
Chad...Purl is a great DDer...and her opinion is worth listening to...as well as others... If you have protected your Capital and are in with free shares...see where it may lead ya!
Posted by Ztiger on :
here comes the run again you are right Dollarman negative feed back only when red, but this stock could make us more money$$ if it red the negative talk starts. well we are green so follow your gut and go with it!!!!! IAm a newbe BUT THIS MUCH I KNOW! BUY LOW_____SELL HIGH and DON'T LOOK BACK. THIS company is real. HOLD your Shares and sell for profit not for Panic........
not selling for nothing less than .25 SO let's enjoy this Green day!
Posted by bond006 on :
quote:Originally posted by chad1518: Purl Girl are you long or short on XKEM. Or not a player at all, just have nothing better to do than to put down other peoples idea's. or is it the mother syndrom, you feel like you have to caution us like children. just trying to get a read of where you are comming from. i have been on this site for a couple of weeks and love it, but i have never seen any positive out put from you. if we were not risk takers looking for positive's we would not be trading penny's. we would be trading companies at least 5 years old with lots of prior financials to study and figure out the worth of a company as i learned by reading rule # 1. please dont take this as an attack on you, but me trying to figure out how worthy your input is.
She nailed that last drop almost DEAD NUTZ!!!!!
Ther is a differance between takin a risk and taking a stupid chance...
I myself am gunna wait untill Xkem proves a trend reversal.
I would rather lose some potential profit,to ensure poss. #'s
JMO
Posted by repsag on :
thats a great article bond!!!
Posted by dollar13 on :
looks like is gapping up.... go go go XKEM
Posted by KittyKatGiRL on :
quote:Originally posted by money 76: i mean to say it will be in 0.11 and up forum
i feel coming months xkem would be 0.75
Wow, that sounds like some great DD you've done, to "think" it will be up that high. I'm sorry to say that my DD is a bit more realistic, and I can say that no one can know for sure what will happen that far ahead.
Posted by bond006 on :
Trouble is the last time a lot of this board was fighting intead of trading and anybody that wants to get there point across by insulting evrybody never will get there point across.
Now a person can start a thread on any subject here> And if she where to do that on how to trade xkme I am sure we would all join in if we were welcome
Posted by dollar13 on :
we are in the 0.04's again come on 0.05's
Posted by bond006 on :
But let us focus today on events of xkme and see if we should stay or bail
Posted by 10of13 on :
quote:Originally posted by bond006: But let us focus today on events of xkme and see if we should stay or bail
That's how you play/trade...take each day as it comes...IMO...
Posted by freddy79 on :
Looks like they dont wanted to go pass .043, I think if it breaks that it can easily go to .047 or more JMHO
Posted by freddy79 on :
Probably yesterday's flippers brought it down, I mean for most that got at the low's .03. They selling it for about 30 % not bad Posted by dollar13 on :
this only it's going in one way from now "UP "
Posted by freddy79 on :
With somewhat of a dip during lunchtime of course and than maybe an eod like yesterday
Posted by Peaser on :
Nice two day swing. I'm out now.
Posted by dollar13 on :
quote:Originally posted by Peaser: Nice two day swing. I'm out now.
hey buddy we miss all your positives advices. you are not buying back?
Posted by shomethamoney on :
Hey maumee she nailed the price alright and she nailed you and the others to FHAL also. Better get away from her maumee.
Posted by Jo4321 on :
WTH are you talking about Shomethamoney? Purl had nothing to do with FHAL until folks IN that thread asked her to come over there and take a look at it. (as the price was dropping)
Jo
Posted by dollar13 on :
hey we dont need more arguments in this board, you all shouldn't listen to her anyway
Posted by mnvestor on :
Jo is correct, and she started to voice her opinion before DD, pretty sad to give opinion before even reading 8k that is out..we'll take it to that board
Posted by chad1518 on :
sorry to stir up a bee hive, ijust want XKEM to get back to .11 I have $6500 tied up in this stock. from everything i have researched, this stock will be undervalued as soon as we get some projections from the company.
Posted by dollar13 on :
DEMAND is bigger that the SUPPLY,we might have a run soon.
Posted by one2watchny on :
huge run on Monday JMHO
Posted by chad1518 on :
you are right dollar, we just have to be patient.
Posted by Peaser on :
quote:Originally posted by dollar13:
quote:Originally posted by Peaser: Nice two day swing. I'm out now.
hey buddy we miss all your positives advices. you are not buying back?
Hey dollar, once this settles down a bit, I may.
We need to see how many shares are on the market and just how much they can produce v. who can afford it.
Posted by ruskin_muskin on :
chart indicates positives.. just have to see how it closes today..
Posted by freddy79 on :
I'm only seeing more buys than sells, are the MM's at it again???
Posted by chad1518 on :
what are the MM's ?
Posted by ruskin_muskin on :
I think MM's will let it go .. buys are more right now.. sell off was big time done.. charts are all positive.. this should head up EOD!!!! market sucks anyways.. 3 days of 100 points loss for dow isnt funny anymore for analysts!!!!
Posted by phone_man on :
MM = Market Makers.
Posted by ruskin_muskin on :
was that 10M a buy??? appeared like it!!!
Posted by phone_man on :
Market Maker
a broker-dealer who has indicated that they will make a market in the shares of a specific company. The indication does not necessarily mean the broker-dealer will make a market in the company's shares. In theory, a market maker is a wholesaler of the company's shares. You must have at least three market makers to list your shares on the Bulletin Board. You must have at least five market makers to list your shares on NASDAQ. www.going-global.com/equity/finance-glossary.html Posted by ruskin_muskin on :
quote:Originally posted by ruskin_muskin: was that 10M a buy??? appeared like it!!!
can anyone check on their L2's and tell if that 10M was a buy at 0.0391? if it is a buy.. then we are off to da moon with a HUGE gapper on Monday!
Posted by dollar13 on :
07/14/2006 11:40:06 0.039100 1000000 k Trade
Posted by ruskin_muskin on :
yeah.. appeared to be a buy.. else the price wouldnt have moved this fast.. so big guys are gradually gobbling up the float expecting huge runup IMO..
Posted by dollar13 on :
From: Xechem Pharmaceutical Nig. Ltd. <xechemnigeria*yahoo.com> Signed-By: yahoo.com | Mailed-By: yahoo.com To: Ryan Date: Jul 14, 2006 10:23 AM Subject: Re: NICOSAN
July 14, 2006.
Dear Ryan,
Thank you for your mail of July 13, 2006. The answers to your questions are as follows:
Q1: Is NICOSAN™ available for purchase? Ans.: Yes, NICOSAN™ is available for purchase in Abuja, Nigeria.
Q2: How much does it cost for one month supply? Ans.: The cost of one month supply for adults is N3,000.00 and N2,400.00 for pediatric. Postage will be additional.
Q3: Have you been selling NICOSAN™? Ans.: The product was launched on July 06, 2006 by His Excellency, Chief Olusegun Obasanjo, GCFR, President and Commander-in- chief of the Armed Forces of the Federal Republic of Nigeria and we commenced sale thereafter.
Q4: Is NICOSAN™ available in the market yet? Ans.: NICOSAN™ is available at Sheda Science and Technology Complex (SHESTCO), Abuja, presently.
Please feel free to ask questions, should you have any other concerns.
Thank you and best regards.
Col. Bhuwan C. Pandey Vice President / General Manager
Cc: Xechem Inc. (xechem*erols.com) Abhilasha Pandey (ABHILASHA*xechem.com)
Laraba Fayomi/RE: NICOSAN™/Enquiries/14.07.06
Posted by dollar13 on :
we going to see a new High of the day soon
Posted by Mambo7 on :
The cost of one month supply for adults is N3,000.00 and N2,400.00 for pediatric
3000 Naira ----23,42 $ 2400 Naira for pediatric ----18,73 $
Posted by dollar13 on :
ARCA loading up in the bid now.
Posted by dollar13 on :
almost 20% green.....
Posted by trade04 on :
stock is trading the way it did before hitting .11 =)
Posted by dollar13 on :
I will see 0.1 next week the way this goes.
Posted by dollar13 on :
any body here bought XKEM today ???
Posted by trade04 on :
no point getting out today or mon or tues imo...
Posted by doling2005 on :
quote:Originally posted by doling2005: This is the bottom...in big here..
I bought yesterday..after seeing the bottom Posted by phone_man on :
I got some too yesterday as well. It was pretty nice since I got into this late.
Posted by Stockstar69 on :
I'm really thinking about buying more at these levels but I'm riding free shares now and just can't do it (yet).
Posted by dollar13 on :
my guess we close at 0.05....today.
Posted by Leslie C on :
dollar13, i think .05 is a little high, i was thinking more like .043. slow and steady.
Posted by dollar13 on :
0.044 it's fine too
Posted by dollar13 on :
a 20% gain evey day i am expecting next week.
Posted by dollar13 on :
after hours some one just bought 2,750,000 shares at 0.0409 wooo.
Posted by Bearclaw on :
Chart is set up nice for Monday guys...Looks like it could gap at open...Have a good weekend...
Posted by phone_man on :
dollar13 - that shows as cancelled on my live feed.. So does that mean it still went in ?
Posted by dollar13 on :
that is after hours trade so it should.
Posted by ruskin_muskin on :
great day for Xkem!
Posted by trade04 on :
=)
Posted by phone_man on :
dollar13- Will that affect the open on Monday ?
Posted by dollar13 on :
yep wait for another GAP UP monday. This is going north guys don't worry.
Posted by bond006 on :
A repost from penny pickers public board
Message kjweaver34
Joined: 07 Jul 2006 Posts: 28 Location: Bay Area,Ca Posted: Fri Jul 14, 2006 4:31 pm Post subject: Why Nigerian scientists didnt work with Big Pharma
"The Nigerian experiment was first detailed in a Washington Post series last year that examined the rapid increase in the exportation of American drug trials to the developing world. Last week, lawyers filed a lawsuit in New York on behalf of 30 Nigerian families, charging that their children were unwitting participants in the "secret testing" and suffered injuries ranging from brain damage and paralysis to death.
The suit contends Pfizer's methods violated FDA regulations and international laws and that the researchers' actions constituted torture and inhuman punishment. "
and more....
"The lawsuit alleges that Pfizer used a falsified document to assure the FDA that the clinical trial, conducted at a squalid epidemic camp, had been approved by a Nigerian ethics committee. It also said Pfizer tested the children, some as young as a few months old, without getting the consent of parents or telling them alternative treatment was available. "
So can you blame the Nigerian Scientists for choosing to work with little (but ethical) XKEM.
And why is the NAACP accepting millions from Pfizer, anyway?
The world needs companies like XKEM, who can work WITH people from underserved populations and produce remedies - not justuse them as guinea pigs.
Posted by bond006 on :
I don't know if this has been posted about Mike who lives in Jersey near the office of xkem he made a visit this is what he saw
View previous topic :: View next topic Author Message silversurfer
Joined: 18 Jun 2006 Posts: 68 Location: Oceanside, CA Posted: Thu Jul 13, 2006 3:51 pm Post subject: Here's my visit to XKEM office. Optimistic
The Xechem office is located in the heart of New Brunswick, NJ. An old industrial city but also home to Rutgers University & the Robert E. Woods Medical Facility, which is one of the preeminent medical facilities in the state of NJ. The XKEM building is in an old converted warehouse 1 block from the medical facility. There is no fancy lawn or large glass building. It is a working facility. The building is old but clean. They are not spending money on fancy digs. They are more than adequate though. They occupy 35,000 sq. ft. of space, the entire 3rd floor of building B & it contains a working lab.
The office was quiet today as it is being staffed by a limited group. There was Dr. Pandey’s Exec. Asst., the infamous receptionist, an accountant, lab people, & a few others. I spoke with Dr. Pandey’s assistant for over 1 hour. Six persons from the office are in Nigeria or enroute from Nigeria today. Dr. Pandey, the chairman & CEO was in Zimbabwe but will be in Abuja by tomorrow. He was in Zimbabwe giving a speech, which was well received. Howard Becker, the VP of Operations had returned home, but had not come into the office yet.
As I had stated, I spoke with Dr. Pandey’s assistant for over an hour today, actually through her lunch break. This woman has been the one holding down the fort & is in good spirits. She said that she has gotten a lot of calls from investors this week. I began our conversation by asking how she felt about the future of Xechem. She is excited but apologized for not being able to tell ma how the share price will react. Nonetheless, she thinks they have turned a corner. For clarification purposes, I asked who were the officers of Xechem. Truthfully in all the DD I had done, I could not truly ascertain who the officers were. Xechem is really Dr. Pandey, Howard Becker, the VP of Operations & Col. Bhuwan Pandey, who heads the operations in Nigeria. That’s the staff of Xechem. Of course, Steve Burg, a member of the BOD, handles IR for them as well. This led to a discussion about additional staffing. This has been discussed by Dr. Pandey & Barbara and Barbara does expect to that they will be hiring in the future. She has expressed a serious need & does have input on the hiring of administrative staff.
She is also a shareholder, although not anywhere near concerned as us. She bought her shares on the open market & like us, has numerous relatives invested in XKEM. She is aware of the recent stock prices but it really is of little concern to her. She is focused on working for the company. I do believe they were very unaware of the shareholder following that they have. From our conversation I got the idea that Dr. Pandey is a scientist & that his complete focus has been centered solely on getting approval & production in Nigeria. This led to our conversation about lack of information provided to the shareholders. Again, she was unaware of our need & desire. Information, such as the fact that he was at the Bristol-Meyers conference in Tennesse, or that he spoke at an anti-malaria conference in Paris, or that he was the invited speaker this week at a conference in Zimbabwe need to be made public. I informed Barbara, that information like this provides additional support for Xechem’s reputation.
Another topic was production. It has started and is ongoing. Both Barbara & the poor young girl on the front phone stated this to me. They could not provide numbers, prices, for whom, but they did say they were producing. While I was there, Dr. Pandey called. He was in Zimbabwe & his speech was well received. He was excited about recent events but tired. He will be back on the 21st I believe. It is doubtful that he will be of any import at the upcoming conference in Nigeria if he is even there at all. Let’s end that rumor now. He will be in Bethesda, MD for theASP(?) Conference in the near future though. If he has any role of importance, some news should be available to at least shareholders. Dr. Pandey has been out of touch due to a situation with his cell phone. Seems that a number was given out by a rival service provider & some poor woman was swamped with calls, FWIW. Dr. Pandey sounded excited & happy from what I could make out.
Other topics that I did broach were the $8.2 million loan. Barbara believes they will get it, but referred further questions to Steve. Support from Nigerian government – Barbara said they supported Xechem but that Xechem was still a foreign firm & that trust was being developed, although having Obasanj & Isoun made a great statement.
As for me, I expressed the deep disillusionment felt by the shareholders concerning the lack of PR & news. It is something that Steve has made clear that is needed by XKEM & it is something that needs to be stressed by us.
Overall, I’m optimistic. You have not invested in some multi-national corporation. It is a small company that is finding it’s feet. We shareholders need to be more vocal. Please do not stop at Steve. I believe that Howard Beckman, the VP of Ops is key. E-mails & phone calls must be made to he & Steve. I will be sending Howard, Steve, & Barbara the list of questions compiled from Penny-Pickers with a letter demanding answers to these questions & that they begin to be more informing for us. I am optimistic for the long term. I have stopped looking at the streaming quotes but will continue to press Xechem for more transparency and a more proactive outreach. It is my suggestion that we all do this. Again, I as optimistic as ever but also more aware. Go long & you should do very well.
Check my last message over there if y'all get a chance.
Posted by dollar13 on :
quote:Originally posted by Peaser: Found a pumper on my Hot Stocks thread.
Check my last message over there if y'all get a chance.
who would be PEASER?
Posted by dollar13 on :
i think you are talking about me, i can take the pain when i saw XKEM going down for a few days, almost every body than were here last week now they 'r gone they got out of the boat too soon.
Posted by Peaser on :
Not you dollar. To find the pumper, look at my my past few posts.
Where's Waldo?
Posted by dollar13 on :
quote:Originally posted by Peaser: Not you dollar. To find the pumper, look at my my past few posts.
Where's Waldo?
when you said your "last post" i was in your last post anyway sorry for that misunderstand.
Posted by Bearclaw on :
Nope...got out for the tank and got back in yesterday...
quote:Originally posted by dollar13: i think you are talking about me, i can take the pain when i saw XKEM going down for a few days, almost every body than were here last week now they 'r gone they got out of the boat too soon.
Posted by dollar13 on :
BEAR good thinking, nice to see you around.
Posted by T e x on :
wow, just checked on this...nice move today...had I been trading, prolly would have played this...
Posted by J_U_ICE on :
Not that I give much value to these type of sites but it's nice to look at
XECHEM INTL INC--Buy Confirmed!! Daily Commentary American Bulls
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 07.06.2006 (8) days ago, when the stock price was 0.0756. Since then XKEM has fallen -41.14% .
BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.0410 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. It opened today with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.
We hope that you bought this stock. You should watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
Data provided by: End of Day Data
Today's Volume136,294,600 Stock Activity Day's Open 0.0410 Day's High 0.0450 Day's Low 0.0372 50-Day Close M.A. 0.0540 200-Day Close M.A. 0.0314 65-Day Volume M.A. 74,745,541
Posted by dollar13 on :
thanks juice i give you 10 stars.
Posted by Redwinger on :
Was a nice few days for us this week... Was nice to see some green, and some "sensible" posts on this board.
Good job to all.
Red
Posted by T e x on :
lol, have to review to see what Redwinger considers "sensible"
Posted by Bearclaw on :
Juice...
American Bulls gets it right more than they get it wrong...I like it when they come out with something like this that confirms my thinking...Don't know about you but I second guess myself all the time and...Your right...It is nice to look at this from American Bulls... Thanks and GLTA
Posted by JL on :
I think XKEM will surprise a lot of people. Upwards Surprise that is.
Posted by T e x on :
quote:Originally posted by Bearclaw: Juice...
American Bulls gets it right more than they get it wrong...I like it when they come out with something like this that confirms my thinking...Don't know about you but I second guess myself all the time and...Your right...It is nice to look at this from American Bulls... Thanks and GLTA
Bear...gimme a break...
OK...a piece of a break
the day we need A Bulls to confirm anything is a sad day, imo, bro...
otherwise...whatchu been up to? Haven't seen you around much, lately.
Posted by dollar13 on :
TEX give me your opinion about XKEM next week if you would PLEASE.
Posted by T e x on :
sorry, dollar...
can't right now. encouraging that it hasn't breached 30, for sure.
A coupla closes below 30 will send this who-knows-how-low, imo...
will have a better post by Sunday afternoon, evening...
great thing: weekends Posted by dollar13 on :
TEX i was expecting an answer from you today what is the diference between now and sunday?
Posted by phone_man on :
Tex just comes and goes dropping sound advice. He just wants to stress we aren't out of the "sh!tter" yet. Give him some time.
So Tex please come back Sunday and let us know !
Posted by Redwinger on :
quote:Originally posted by T e x: lol, have to review to see what Redwinger considers "sensible"
hehe Tex,
This board(topic) has been pretty "sensible" to one another the past few days.. besides the occasional pop in and "smart comment" by a select few, I have enjoyed the opinions of those on this stock for the past few days.
Keep up the good work guys and gals. I am trying to research more about this stock and a few others, but some family time has come up around here, and I don't have a ton of "free" time to read 100's of pages with bickering go back and forth.
Good luck everyone, hopefully we see this stock stabilize for the near future.
Red
Posted by T e x on :
quote:Originally posted by dollar13: TEX i was expecting an answer from you today what is the diference between now and sunday?
doh! the weekend?
dollar, you post punkishly...
when I first started reviewing posts on da board? My shirt was soaked in salt deposits, from being on a job site all day, with a high of 102 and gawd knows the humidity...
am I whining? not no, but HELL NO, you ingracious little $!%$%^!....
(anybody remember Beetle Bailey? )
anyway--
dollar: the market is CLOSED...time for review...take a bath...make love...stalk yourself re decisions...
Posted by Relentless Despot. on :
Tex, 98 here.. Humidity 80%.. and I am out there.. all friggen day. Perhaps there is something to all this global warming crap.
Posted by T e x on :
lol, RD...
don't know what anybody can *prove,* but I swan...don't remember it being this f'n hot when I was a kid....
Posted by Relentless Despot. on :
me either man.. this is .. well.. relentless. I'm seriously thinking about moving towards Alaska.
Posted by phone_man on :
...don't remember it being this f'n hot when I was a kid....
It's been hot enough the last couple of days to boil eggs ! Got in the car to go home and the temp says 110.
Posted by phone_man on :
There needs to be a company hired to fix global warming that we can all invest in Posted by T e x on :
got my eye on some spots, not nearly so far north
mountains seem to be pivotal...
Posted by phone_man on :
Went to Vail last summer and loved it. Serious coin to get some real estate out there.
Posted by T e x on :
quote:Originally posted by phone_man: Went to Vail last summer and loved it. Serious coin to get some real estate out there.
Vail.... doh!
lottsa markets that way, though Posted by dollar13 on :
TEX that was your answer LOL. nothing to bring to this board like always.duhuh
Posted by T e x on :
quote:Originally posted by dollar13: TEX that was your answer LOL. nothing to bring to this board like always.duhuh
I guess we could review your posts... Posted by Blue Marlin' on :
quote:Originally posted by phone_man: There needs to be a company hired to fix global warming that we can all invest in
------------------------------------------------- Ice Cold? whats the symbol anywho's?
Posted by dollar13 on :
sure do it.. and
Posted by Relentless Despot. on :
DOH
Posted by T e x on :
quote:Originally posted by dollar13: sure do it.. and
lol,
try this...
you understand "search" function?
use that...
search on "thanks tex"
then
search on "thanks dollar13"
Posted by Relentless Despot. on :
LOLOL... Brilliant
Posted by dollar13 on :
hajajajajaja . AND
Posted by BooDog on :
quote:Originally posted by Blue Marlin':
quote:Originally posted by phone_man: There needs to be a company hired to fix global warming that we can all invest in
------------------------------------------------- Ice Cold? whats the symbol anywho's?
LIKS it's been there all along
Posted by dollar13 on :
and what do you want a MEDAL OF HONOR for that LOL.
Posted by dollar13 on :
HOOO let me guess you already got one too....LOL
Posted by BooDog on :
quote:Originally posted by T e x: sorry, dollar...
can't right now. encouraging that it hasn't breached 30, for sure.
A coupla closes below 30 will send this who-knows-how-low, imo...
will have a better post by Sunday afternoon, evening...
great thing: weekends
back to the trenches you!! get ! Get!!
oh ......and when it feels just right...shake twice and go ughhhhhhhhwwwahhhhh and make sure everyone else hears you so they know to stay TF out of your way
Posted by phone_man on :
quote:Originally posted by Blue Marlin':
quote:Originally posted by phone_man: There needs to be a company hired to fix global warming that we can all invest in
------------------------------------------------- Ice Cold? whats the symbol anywho's?
TFHO
Too Fu$%ing Hot Out !
The desert is growing. LOL
Posted by phone_man on :
All the iceburgs will melt and then it will cool off hehe.
Posted by T e x on :
quote:Originally posted by BooDog:
quote:Originally posted by T e x: sorry, dollar...
can't right now. encouraging that it hasn't breached 30, for sure.
A coupla closes below 30 will send this who-knows-how-low, imo...
will have a better post by Sunday afternoon, evening...
great thing: weekends
back to the trenches you!! get ! Get!!
oh ......and when it feels just right...shake twice and go ughhhhhhhhwwwahhhhh and make sure everyone else hears you so they know to stay TF out of your way
Posted by Bearclaw on :
Tex... Funny sheet man...I've been practicing my reading...How about you? Did you read anywhere that I said I "need bulls" to confirm anything?? Just said it was nice...Dam boy...easy hahahahaha It was nice to read since I just bought back in ...Is that a problem?
Been doing well thanks and have been around but don't post much anymore...To many people pick what you say apart and screw with ya...Waste of my time putting up with the BS...Take care buddy...
quote:Originally posted by T e x:
quote:Originally posted by Bearclaw:
Juice... American Bulls gets it right more than they get it wrong...I like it when they come out with something like this that confirms my thinking...Don't know about you but I second guess myself all the time and...Your right...It is nice to look at this from American Bulls... Thanks and GLTA
Bear...gimme a break...
OK...a piece of a break
the day we need A Bulls to confirm anything is a sad day, imo, bro...
otherwise...whatchu been up to? Haven't seen you around much, lately.
Posted by T e x on :
"pick apart"
lol, you're not one to worry about close inspection, eh?
remember plenty of times you had my back when i was busting group gropes...
Posted by Ztiger on :
This was filled on June 20 2006 -----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster*www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C8uB19UWqXIeuR8L31dE2Vxn52yGpQhzqz2+nZ3BX/+FHC7ZIl4o4szOtTIZ+Eo1 iVRHiGAV30Nl4BNUsZ3cvQ==
<SEC-DOCUMENT>0001144204-06-025489.txt : 20060620 <SEC-HEADER>0001144204-06-025489.hdr.sgml : 20060620 <ACCEPTANCE-DATETIME>20060620172842 ACCESSION NUMBER: 0001144204-06-025489 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060615 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events FILED AS OF DATE: 20060620 DATE AS OF CHANGE: 20060620
FILER:
COMPANY DATA: COMPANY CONFORMED NAME: XECHEM INTERNATIONAL INC CENTRAL INDEX KEY: 0000919611 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 323284803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231
FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23788 FILM NUMBER: 06915881
BUSINESS ADDRESS: STREET 1: 100 JERSEY AVE E STREET 2: BLDG B STE 310 CITY: NEW BRUNSWICK STATE: NJ ZIP: 08901 BUSINESS PHONE: 9082473300
MAIL ADDRESS: STREET 1: 100 JERSEY AVE STREET 2: STE B310 CITY: NEW BRUNSWICK STATE: NJ ZIP: 08901 </SEC-HEADER> <DOCUMENT> <TYPE>8-K <SEQUENCE>1 <FILENAME>v045664_8k.txt <TEXT> ================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report: June 15, 2006 (Date of earliest event reported)
XECHEM INTERNATIONAL, INC.
(Exact name of registrant as specified in the charter)
Delaware 0-23788 22-3284403 (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.)
New Brunswick Technology Center 100 Jersey Avenue, Building B, Suite 310 New Brunswick, New Jersey 08901-3279 (Address of Principal Executive Offices)
(732) 247-3300 Registrant's telephone number including area code)
NOT APPLICABLE (Former name or former address, if changed since last report)
---------------
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
Please see the disclosure under Item 3.02 herein.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
On June 15, 2006, Xechem International, Inc. reached final agreement with Marjorie Chassman ("Chassman") regarding a bridge loan financing, whereby Chassman agrees to loan $1,025,000 to Xechem, in two tranches, one in the amount of $500,000 and the other in the amount of $525,000. The first tranche of $500,000 was infused on Friday, June 9, 2006. The second tranche of $525,000 is due by Friday, June 23, 2006. The note has been negotiated to convert into shares of our common stock at $0.015 per share (approximately 66,666,667 shares, excluding interest). The note bears interest at 8% and is due May 31, 2008. As additional consideration for infusion of the capital, Xechem will issue Chassman 66,666,667 warrants, exercisable at $0.02 per share for a period of 5 years. In addition, Chassman has agreed to extend the due date on all existing notes held by the Company to May 31, 2008. The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.
Over the period from June 2, 2006 through June 5, 2006, Chassman infused $200,000 into Xechem. On June 15, 2006, the parties reached final agreement as to the terms: the note will be issued to Chassman in the amount of $200,000, it will bear interest at 8% and is due May 31, 2008. The note is convertible into shares of our common stock at $0.01 per share (20,000,000 shares, excluding interest). The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.
Over the period from February 22, 2006 through May 10, 2006, Chassman infused $780,000 into Xechem, as reflected in Xechem's annual and quarterly reports. On June 15, 2006, the parties reached final agreement as to the terms: the note will be issued to Chassman in the amount of $780,000, it will bear interest at 8% and is due May 31, 2008. The note is convertible into shares of our common stock at $0.005 per share (approximately 156,000,000 shares, excluding interest). The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.
The Company relied upon the exemption from registration available under Section 4(2) of the Securities Act of 1933, as amended. The Bridge Loan Financing participant is an accredited investor, small in number, and has had access to information about Xechem.
ITEM 8.01 OTHER EVENTS.
During the period from April 6, 2006 through June 8, 2006, Xechem International, Inc., converted Xechem debt (in the form of principal and interest) in the aggregate amount of approximately $563,000 ($526,000 of which was principal and $37,000 of which was interest) into approximately 144,511,809 shares of Xechem's common stock (exercised at conversion rates between $0.0025-$0.0075 per share), representing approximately 12% of Xechem's currently issued and outstanding stock.
<PAGE>
ITEM 9.01 EXHIBITS.
(C) EXHIBITS.
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 20, 2006
XECHEM INTERNATIONAL, INC.
By: /s/ Ramesh C. Pandey ------------------------------------ Ramesh C. Pandey, Ph.D Chairman & CEO </TEXT> </DOCUMENT> </SEC-DOCUMENT> -----END PRIVACY-ENHANCED MESSAGE-----
Posted by Ztiger on :
Print this Release Return to Headlines July 11, 2006 06:30 AM US Eastern Timezone Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--July 11, 2006--Xechem International, Inc. (OTC BB:XKEM). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching ceremony that was presided over by Nigeria's President, Chief Olusegun Obasanjo, was broadcasted live throughout Nigeria. Days earlier, the drug was approved by Nigeria's drug and regulatory authority, the National Agency for Food and Drug Administration and Control (NAFDAC). Xechem has obtained the exclusive worldwide rights to manufacture, market and sell NICOSAN(TM) under a licensing agreement with Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), a federal governmental agency whose scientists are credited with developing the drug.
President Obasanjo Tours Xechem Nigeria's Facilities
In remarks made at the launching ceremony, President Olusegun Obasanjo commended Xechem and its chairman, Dr. Ramesh Pandey, for their success to date in getting to the point of bringing this important drug to market and for validating the government of Nigeria's efforts to commercialize locally developed technologies: "In line with the reform agenda of this administration, the restructuring of the science, technology and innovation system has received priority attention. The re-engineering of the sector is hinged on the vision to make Nigeria a key participant and stakeholder in the application of new and emerging technologies and evolve an economy that is technology driven, private sector led and knowledge based. Today's occasion of launching of NICOSAN(TM) is an attestation that our policy is on the right course." Following the launching ceremony, President Obasanjo unveiled and toured Xechem's facilities and planted a tree on Xechem Nigeria's grounds to commemorate the occasion.
Dr. Pandey added: "We are extremely grateful to His Excellency, President Obasanjo, for making it a priority to personally launch NICOSAN(TM) and visiting Xechem's premises to mark this historic occasion. The President's participation in the ceremony reflects just how important this break-through sickle cell drug is, not only in Nigeria, but for those suffering with this debilitating disease all over the world." A gala affair attended by various ministers, high-level government officials, diplomats, and other business leaders, was held later that evening at the Abuja Sheraton Hotel in downtown Abuja.
About NICOSAN(TM)
NICOSAN(TM) is an anti-sickling "Natural Herbal Drug" developed by Nigerian Scientists at NIPRD and licensed by Xechem. In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the affected red blood cells of those afflicted with the disease. While not a cure for SCD, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced.
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises," damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, and worldwide at least 12 million individuals are afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (natural herbal drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem will now turn to the commercialization of the drug in Nigeria and the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
Contacts Xechem International, Inc.
IS this the name how it would be sold in the US Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem will now turn to the commercialization of the drug in Nigeria and the pursuit of US FDA and European regulatory approval.
Posted by BooDog on :
Tex,
Sorry M8, got called away...IMO this is showing nothing more than a bounce. and a small 1 at that. There is still no review of this from AMA (American medical Assoc.) or any major pharm. co. I'm back in the trenches waiting and watching.
Posted by mnvestor on :
With the advent of this information, it likely will not be long before information is disseminated in the US. Once the FDA is on board, other media outlets will feel justified to release more information. http://www.fdanews.com/dailies/international/2_386/news/57568-1.html Posted by Bearclaw on :
Hey Tex... Don't know about you but...just needed a break from all the nut cases...Especially the weekend crew all boozed/drugged up...got old...some real crazy nutcases...so...
I've been spending the time doing other things...although it was fun going after those guys for a while...probably kept some new folks from getting screwed over...The AS threads have looked OK for a while...haven't seen too many group scams here...some of those guys had Elliot Ness and the Feds on their heels...
This is going to be a good swing stock for a while as long as the volume stays strong...it has some good possibilities...just have to keep a close eye and ear out...so...I'll be hanging around for a while...You take care buddy...GLTA
Posted by bond006 on :
Good morning all I think I am flipping this I have learned a lesson all over again never fall in love. Unless something goes wrong with this and you never know I learn during my last ride to flip and what a ride that was. This could go on for a year like this before bail out green light comes on. glta Nice to see all the solid folks here and an end to the fighting
Posted by phone_man on :
If the trend continues the next couple of days will be ideal. Not really worth my while to flip yet.
Posted by dollar13 on :
Interested in what others think. Posted by Relentless Despot. on :
You might be right.. it's also possible your first wave is actually three waves.. Either way all is not lost here.. still some strength. Posted by money 76 on :
i feel this stock is really undervalued .
with the approval stock should be in 0.13s and over.
lets wait and watch .hold this stock might make a fortune
Posted by portman on :
I do not currently have a position in this company but I am watching to see if there is merit here or other opportunities.
If you really read what people are saying and not how they are saying it you should be able to understand the following.
The question is not if Nicosan is being produced or if it will generate cash flow. It is not a question of the drug being viable for the prescribed treatment. I believe both are currently true.
The costs incurred and length of time taken are not out of line with expectations in this case.
What is in question is if XKEM can deal with the expense of what it has done.
I hope this company can deal with its finance issue and continues to bring good drugs to the market place. If it does and then comes back in line with my risk to reward ratio I will be back.
GLTA
Posted by keithNJ on :
question,,, why are all of the prs coming from the nigerian gov. sounds like the gov. has more of a stake in this than where being told. not sure if thats good or bad !! need to start hearing about revenues and distribution to send this higher .....imo
Posted by keithNJ on :
remember:
BUY ON SPECULATION,
the pr's that came out weeks ago sent this skyrocketing, when the news came out, there went the free fall,,, penny 101...
Posted by dollar13 on :
XKEM market activity for the last 2 days it's been rated as BUYING PRESSURE, sell is over
Posted by keithNJ on :
hey dollar,
did you sell xkem when it hit .07-08 or do you still hold?
Posted by dollar13 on :
i am holding at different prices.
Posted by bond006 on :
repost from ihub
Public Reply | Private Reply | Keep | Last Read Replies (1) | Next 10 | Previous | Next Posted by: TallRob0 In reply to: None Date:7/16/2006 3:55:16 PM Post #of 26901
did some seriously monotonous Google XKEM searching just now. Looking for anything new. I found 5 new internationl stock message boards all talking about XKEM. 2 in english 1 in french and the rest in german. Too a tee. everyone is saying Monday will be a gapper........and that this stock is moving much higher than .11 in the short term.
Posted by bond006 on :
I have been emailing talk shows and news stations the info on this stock asking why no coverage for a world event like this the only safe treatment in the world for scd and nobody picks it up
Posted by Relentless Despot. on :
LOL.. Bond.. Normal.. sane people laugh at the very notion of a penny stock. They know instantly that your desire is to promote your stock.
Posted by Hitman on :
I still can not find any news from this "Official Sight" saying any news anout Xkem approval..... Seems strange to me..... Why wouldnt they want the world to know of the approval?
Lots of ??????? need to be answered..... However I will buy again when it reached .02
Posted by dollar13 on :
s-o-u-t-h-e-n-d-s-t-o-c-k-p-i-c-k-e-r-s
Posted by Relentless Despot. on :
buck thirteen soaking wet, it might not be a good idea to show that paid promotions companies have taken up XKEM's cause.. Might very well be seen as evidence of dilution..
Posted by dollar13 on :
i don't even think you read it rentforless
Posted by Hitman on :
One problem i c with the drup is that Xkem has said the drug is made from natural plants and didnt really have to have approval, but the chose to get approval so the durg would sell for more and insurance would pay for it. Sounds ~~~~~2 me. However I do plan to make some more $ myself with Xkem..... Gr8 to flip Posted by ruskin_muskin on :
quote:Originally posted by BooDog: Tex,
Sorry M8, got called away...IMO this is showing nothing more than a bounce. and a small 1 at that. There is still no review of this from AMA (American medical Assoc.) or any major pharm. co. I'm back in the trenches waiting and watching.
if 65% bounce is small bounce.. then I am wondering what a big bounce is!!!!!! hehe.. deceit at best..
Posted by T e x on :
fwiw? I have no idea what the poster was going on about...
Posted by trade04 on :
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee eeeeeeeeeeeeeeeeeeeeeeeeeeee last chance to get in under .05 IMO tomorrow!
Posted by money 76 on :
yes stock should run much higher than we expect .
they have the product.one pr will send this flying.
Posted by Redwinger on :
Hoping for 8.5 cents sometime this week... bet you can't guess why?
Ohh and the first two guesses don't count.
Red
Posted by trade04 on :
quote:Originally posted by Redwinger: Hoping for 8.5 cents sometime this week... bet you can't guess why?
Ohh and the first two guesses don't count.
Red
I have quite a few good guesses but thats my perspective =P
Posted by T e x on :
quote:Originally posted by Redwinger: Hoping for 8.5 cents sometime this week... bet you can't guess why?
Ohh and the first two guesses don't count.
Red
why be coy?
lol, got DD?
Posted by Redwinger on :
Nope, I want to sell a bunch, and a bunch to me is 6K shares... as I have said before I am not a major player in any stock, as my family and financial needs only allow me to play small amounts of cash-ola.
But 8.5 cents puts me in good condition if I am able to sell, with a few thousand still in the reserves for the long run.
No "coy-ness" or lies here. I am not here to pump or trick peeps, I am a realist:) If it doesn't make my sell limit, then I hold it for a longer timeframe with the entire portfolio, no biggie.
Red
Posted by T e x on :
lol, you need that price?
fair enough...
not out of the question
Posted by Redwinger on :
quote:Originally posted by T e x: lol, you need that price?
fair enough...
lol, yup got my sell in Ameritrade, "Good for 60 Days" so if it hits, I am out 6K in shares.
But will still have my bonus shares to play with, and the wife finally off my back for not selling at .11
Red
Posted by T e x on :
lol, I need a wife like that Posted by 10of13 on :
Of all the info that has been posted on this thread, as well as others..I have yet to see anyone post a remark, comment, anything from any of the SCD agencies here in the states or any where else. I emailed several over the last month...asking if they had ever heard of such a "drug: or hope..I never heard anything...
Don't you think that if it was a "for real"...quite the possiblility of really happening, that these agencies would know or at least have heard of it?
I am asking not as a "basher" but as a very curious individual...has anyone actually contacted any of these agencies with in the US or any where and have these agencies heard of this drug and the hope of it...anything?
Posted by T e x on :
from the periphery? My guess is "orphan status" is where most stopped, along the trail you suggest...
good post
Posted by 10of13 on :
Tex...I can't beleive that some of these posters...that are in this "long term" stopped at the orphan status...there must be someone that looked beyond...lots of "drugs' can be tagged orphan statis..that doesn't mean they "work"...
I am bothered that I never heard back from any of the agencies...4-6 I can't remember how many I contacted...but I feel as if they "dismissed" my email as a "hoax" or something...
Anyone?
Posted by T e x on :
"there must be someone that looked beyond"
can't say...
as I think you may remember, I didn't get involved in the thread much until it was clear no one had recently checked with the TA...
several points worthy to discuss, for brevity's sake will say this--as a reporter? when *official sources* clam up, that's *exactly* where i turn my attention....
Posted by Peaser on :
quote:Originally posted by 10of13: Of all the info that has been posted on this thread, as well as others..I have yet to see anyone post a remark, comment, anything from any of the SCD agencies here in the states or any where else. I emailed several over the last month...asking if they had ever heard of such a "drug: or hope..I never heard anything...
Don't you think that if it was a "for real"...quite the possiblility of really happening, that these agencies would know or at least have heard of it?
I am asking not as a "basher" but as a very curious individual...has anyone actually contacted any of these agencies with in the US or any where and have these agencies heard of this drug and the hope of it...anything?
Yeah, The FDA has it on their web-site listed on the orphan drug list; however it's not an approved drug yet. I believe I posted it on this thread in the first 10 pages somewhere.
That's as far as I could find, thus not in anymore.
Posted by 10of13 on :
Peaser..I'm not talking about the FDA..I am talking about any of the "Agencies" that are hear in the US...or any where..."a group" or "organization" that offers support for SCD...something of that nature...there are loads of them on line..as I said I attempted to contact several..but got nothing in return...
If any "disease" or illness is on the "brink" of a cure or help...it is usually at the very least "talked" about amoung those in the agencies and support groups...but there is nothing that I can find...
I am really just trying to find 1 SCD "group" realizing that this is a possiblity...that has hope for it...something here in the states would be great...somewhere other than Nigeria...
Posted by Peaser on :
I understand what you're saying.
I've checked a few SCD chat boards, not posting, just looking to see if there was any talk from legitimate members of these boards, and couldn't find anything as well.
I believe that XKEM is a bollinger band play currently. I'm guessing the top to be about .054ish on Monday or Tuesday, then retracement IMO.
Posted by BooDog on :
10, I did some background checking on the doctors associated with xechem, pretty much the only time nicosan or xechem is mentioned is directly from the press release or the filings. Nothing from in their own works or papers yet. I would have thought there would be much more.
Posted by BooDog on :
quote:Originally posted by 10of13: Tex...I can't beleive that some of these posters...that are in this "long term" stopped at the orphan status...there must be someone that looked beyond...lots of "drugs' can be tagged orphan statis..that doesn't mean they "work"...
I am bothered that I never heard back from any of the agencies...4-6 I can't remember how many I contacted...but I feel as if they "dismissed" my email as a "hoax" or something...
Anyone?
None from my e-mailings to Xechem, or from the SCD center in Nigeria (you would think they could translate my e-mail). Been over 2 weeks now.
Posted by BooDog on :
quote:Originally posted by ruskin_muskin:
if 65% bounce is small bounce.. then I am wondering what a big bounce is!!!!!! hehe.. deceit at best.. [/QB][/QUOTE]
You guys have more $$$ to throw at these small flips, def way above my risk levels here. If you were able to get back in a t .031 and are still in then it would be good for you. Just too risky for me m8.
Posted by ruskin_muskin on :
quote:Originally posted by BooDog: You guys have more $$$ to throw at these small flips, def way above my risk levels here. If you were able to get back in a t .031 and are still in then it would be good for you. Just too risky for me m8. [/QB]
that still doesnt make it small bounce!!!!
Posted by BooDog on :
true rusk, 69% is a nice take but I wouldn't have done it with xkem, just me though. good luck
Posted by BooDog on :
nice open
Posted by bond006 on :
gaqp her and pull the rug?
Posted by trade04 on :
wow very impressive
Posted by bond006 on :
volume 35million the first half hour wow !!!!!!!!!!!
Posted by BULListic on :
518x519 on 50 million, up 16%
Posted by phone_man on :
saw that earlier! xkem seems to be the nigerian cash cow now with royalty streams to the government, amazing, can you say BIG MONEY!
Posted by phone_man on :
trade04- If Clinton even mentions Nicosan tomorrow or sometime in the near future. Look out !!!
Posted by BooDog on :
you might wanna check the REAL date on that pr. This site automatically up dates with today’s date. spell schecked for all those englis prof.
Posted by phone_man on :
BooDog- Didn't know that thanks !
Posted by BooDog on :
no prob. good luck phone_man
Posted by repsag on :
was that a tumbleweed???
Posted by bond006 on :
I Just got off the phone with Steve
I asked about a pr none for this week unless he hears something like the loan which he is very positive on and could be any day now .
Steve feels like the company just put out a bunch approval,launch, and they are starting to manufacture produc
He says he does not want to do fluff pr's
I asked why the T/A is gagged he said he did not know but the o/s is 1.4billion and the whole o/s is in the float. I think that was a very honest answer.
They do not want to dilute anymore and have been very honest about doing it this loan should take care of that.
He would like to see a very much higher pps. but not by making up a bunch of fluff.
So don't exspect a pr this week unless something happens that we should know about
Posted by Redwinger on :
quote:Originally posted by bond006: I Just got off the phone with Steve
I asked about a pr none for this week unless he hears something like the loan which he is very positive on and could be any day now .
Steve feels like the company just put out a bunch approval,launch, and they are starting to manufacture produc
He says he does not want to do fluff pr's
I asked why the T/A is gagged he said he did not know but the o/s is 1.4billion and the whole o/s is in the float. I think that was a very honest answer.
They do not want to dilute anymore and have been very honest about doing it this loan should take care of that.
He would like to see a very much higher pps. but not by making up a bunch of fluff.
So don't exspect a pr this week unless something happens that we should know about
thanks for the info and update bond! Red
Posted by trade04 on :
FWIW
I just talked to steve not to long ago and mentioned what people were saying on the boards, he said he is not in a position to release information on upcoming prs, but also regardless of the messages, he has no idea when evens will close, could be tomorrow could be next week he just doesnt know
everyone i hope no1 takes everything they read on these boards as facts...
Posted by bond006 on :
nice close today looks like we will go higher tomarrow lots of buys came in at the end of the day very positive imho
Posted by pay up on :
BooDog you said, "None from my e-mailings to Xechem, or from the SCD center in Nigeria (you would think they could translate my e-mail). Been over 2 weeks now."
What language did you write you email in? The official language of Nigeria is English.
Posted by money 76 on :
stock should rise tomm . big gapper for tomm imho
i see this baby back to 0.11 very soon .
Posted by trade04 on :
Tomorrow should be another great day, with a green close, .06's wednesday imho
Posted by BooDog on :
quote:Originally posted by pay up: BooDog you said, "None from my e-mailings to Xechem, or from the SCD center in Nigeria (you would think they could translate my e-mail). Been over 2 weeks now."
What language did you write you email in? The official language of Nigeria is English.
oluphysic*cyberspace.net.ng
Dear Sir,
I am writing to you from America. I was hoping you would tell me if the Sickle Cell Foundation Nigeria supports Xechem Pharmaceuticals Nigeria Ltd. which is in progress of developing and plans to produce the drug NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. Ramesh S. Pandey is the Chief Executive Officer of Xechem in the United States. Any help you can offer would be appreciated. If your foundation supports Xechem that would help our investors here. Information on how things are going in Nigeria are hard to find.
Thank you for your consideration.
A concerned investor in the U.S.A.
This is the e-mail I sent to Nigeria SCD foundation... trying to find their link again there were a couple people listed that had e-mail addresses. The main link was blocked and I can't be sure this one even went thru.
MM can't handle it this time.
Posted by dollar13 on :
i am ready for a gap up tomorrow .XKEM still looking too pretty.
any body bought today??????????
Posted by dollar13 on :
looks like every body is dead in this board anyway good luck XKEM longs if there is any.LOL
Posted by bond006 on :
I am still here dollar bed time though all the others have went to different boards
Posted by ruskin_muskin on :
quote:Originally posted by BooDog: true rusk, 69% is a nice take but I wouldn't have done it with xkem, just me though. good luck
lolll... is todays added % good enough bounce for you... hehe.. i guess its still "small flip" as you refer to it ...
Posted by BooDog on :
nope sorry rusk....I'm out of xkem for a reason. good luck to those that are in. I wouldn't have stayed in this over night since the drop from .11 and had to wait to get out from that for a good flip chance. This thing settles and stops moving on hype then I might consider it (for an OB or A PK that would be when ...enter your own entertaining pun here). Just hangin for the dd and watching the charts. I saw the chart saying it would go up, and IMO when it gets to the top it will drop again. For me a good flip is knowing it will bounce at least .05 to make it worth while. This is too risky. My capital won't allow for much less. Just watching for now Rusk, good luck.
Posted by BooDog on :
IMO rusk this is again bear country, from the downward bear triangle of 30 to 20 to 5 day charting, the last few trading days showed a decending triangle. IMO it has peaked.
[ July 18, 2006, 07:46: Message edited by: BooDog ]
Posted by bond006 on :
Willy Just sent this Buy out on XKEM...this is not spam
anny
Major XKEM Chart Buy Reversal to the Upside!!
Everyone take a close look and study this chart reading very carefully what I wrote. I was a buyer of XKEM today.
-------------------- if you built it... it would come $$$$$$
Posted by bond006 on :
***********'s Chart Buy Alert!!
XKEM
New Public Yahoo Group
Click to join penny_stocks
XKEM
I usually don't put this type of buy alert on any stock but today I am breaking all my rules putting out a chart buy alert on XKEM. The last major run for XKEM was to .11 and by the looks of this chart another major run is setting up.
XKEM has just came off a major correction after a major run to .11. The chart below shows all.
Chart
For the last few trading days the chart has been starting to turn upward. The RSI has been up since last Thursday showing strength. Today was the third day off the bottom and confirms the reversal in direction is real. Today volume was balanced between buyers and sellers. The candlestick suggest the buyers controlled the day and were in control at the end of the day. To see the clear candle you might have to click this link but it's there. Link: http://tinyurl.com/gulfj If you look at the 50 day MA you can see XKEM bounced perfectly off that MA, another sign of support. The MACD has been coming down for the last 9 trading days. During the last correction the MACD went through a much needed correction. The last few days has been a turning point for the MACD. Over the next 5 to 10 trading days, the MACD should roll upward converging and the moving average should turn showing positive momentum. The momentum is turning so this indicator does lag the market but is a great indicator to watch. The stochastic indicator started to bottom and turn last Thursday and Friday. Today the stochastic is converging upward indicating a buy signal and a very bullish reversal to the upside.
My summation by reviewing this chart is very bullish. I am expecting extreme volume and volatility as XKEM moves high. I do expect XKEM, without news, to trade upwards for the next few weeks moving towards the recent high of .11. If XKEM comes out with any type of news that is beneficial to the company this would just make the share price move towards .11 much faster. I seldom put out a buy recommendation but I felt XKEM warranted this type of recommendation.
This group was started because my other two Yahoo Groups have been private since 2001 started in 1998. The new group is a couple weeks old, public and growing quickly. If you want all my email alerts join us now. You might be surprised at the winning plays my readers have had since the first of the year.
Posted by stockholder11 on :
When willy buys it sucks
Posted by bond006 on :
Anyway thats what Willy Wizard has to say about xkem another pump palace
Posted by BooDog on :
we shall see. Good luck according to my analysis the last stick is red. but i've been wrong plenty. and with penny's and the pumpin anything can happen.
Posted by Ztiger on :
Ok Bond006 I learning how to read and try to understand the candle chart I just have a gut feeling we are going to see .10 by EOW Iam holding to see the EOW. good luck stay green.
Posted by bond006 on :
Candles IMHO look good but I believe fundamentals and prs run penny's so in my opinion as of this moment we have the strenght coming in but no pr as per steve burg to drive it I don't think we will be at .10 yet this week just my guess though but I feel like an idiot for missing the last run.So who am I i am now playing this with free shares so I will see where the market takes me
Posted by BooDog on :
very interesting. pps going up on sell orders that would not be dilution?
Posted by LisaPizza on :
THIS IS ONE OF THE FEW STOCKS I HOLD RIGHT NOW.
I BOUGHT * .034 LAST WEEK AND THE THING HAS DONE REAL GOOD, EXCEPT TODAY. I AM TOTALLY NEW TO ALL THIS, AND NEED LOTS OF HELP, SO I CAME HERE. NEVER ****GED OR CHATTED OR TALKED TO ANY BODY ONLINE BEFORE. ISN'T ANYBODY INTERESTED IN XECHEM HERE?
WILL WAIT FOR AN ANSWER
Posted by glassman on :
turn off your caps
we're not deaf yaknow...
Posted by Peaser on :
Careful here folks.
The next few days don't look good to me.
I'll be watching for this to flatten out in the coming month or two.
Trade the bollingers on this IMO.
Posted by BooDog on :
LMAO GLASS......oops!
Posted by BooDog on :
you want high risk you found it lisa... just my opinion...if you want help learning the newbie thread is VERY informative and there are some good people sharing their talents.
Posted by bond006 on :
the only thing that is going to move this now is a good pr.And Steve told me yesturday that there were none coming out this week unless something happend I don't care I am playing this noe with free shares for me it is let the ride go where it must on ward to something eles and let this do its thing
Posted by LisaPizza on :
sorry about capitols. thank you for advise. the other message board said i should sell. it was .05 this morning too.
Posted by bond006 on :
Lisa in my opinion this is going to be a wild ride your emotions are going to be tested you will feel like selling buying and letting it run several times a day that why I am playing free shares when the time comes I will load the boat with this and pbls. Ask all the questions you want you will get answers but who knows about them do your dd and decied if you want to invest or trade or both just my opinion good luck to you
Posted by BooDog on :
I will never say buy or sell...i would say review the thread...some say it's going up some say it's going down, i like charting and today i was right (so far). tomorrow is another day. whoever you choose to listen to you have to have confidence and not look back except to decide yay or nay about your decision. Personally i got out as soon as i could after the .11 and won't consider it again until i see good financial and direction for xkem. I like charting this though. keeps me from messing with my other positions. ramble ramble either way it is your decission, be careful who you trust to help you with it. the purl/dust/tex/glass club is pretty good in my book.
[ July 18, 2006, 13:32: Message edited by: BooDog ]
Posted by Leslie C on :
From RB:
RB Post by Alexng00
By: alexng00 18 Jul 2006, 01:14 PM EDT Msg. 81639 of 81667 Jump to msg. #
Just got off the phone with Howard at Xechem, it's the first time I speak with him, a very kind and knowledged person. I tell him that the shareholders have the right to know on the business plan of the company and he agrees with that and he will bring efforts to better manage the information for the shareholders. He also says that they are working hard to get the approval and the product launch and now it's done, all the doors are opened for the company. He says that it will be much easier for the company to get the loans now. I told him that I believe in this drug as per my strong DD's that's why I still hold all my shares and I told him that I know that the patients consumers are not an issue but the production factory is an issue to fullfil all the demands and the finance is the key, he finally told me that I will enjoy reading some news from the company soon. He sounds very optimistic and know his stuff. I really enjoy this conversation with him. stay tuned and glta
Posted by trade04 on :
this low share price is unjustified imo. this company is working with ngierian government they are producing meds getting non dilutive funding, 4 million scd sufferers in nigeria alone, whats wrong is that we need less otcbb traders and stronger hands/minds
Posted by Leslie C on :
trade04, the biggest problem here is the lack of REAL info.
Need to hear about loan. Need to see projections for revenue, expansion, and export.
Xechem is small and new. However, they have got to provide the shareholders with information. It's why they are a penny stock and not a huge company. Got to get the basics.
Posted by phone_man on :
This is getting bad. What is bringing this from .04 to .038 that fast ?
Posted by trade04 on :
Loan is about to close, once loan closes they can further evaluate production numbers...what the hell is wrong with everyone... rome wasnt built in a day...
Posted by Leslie C on :
The only way to get THAT kind of loan is to give the loaner projections of revenue and when the loan will be paid back. They have to have some kind of projections.
Posted by trade04 on :
quote:Originally posted by Leslie C: The only way to get THAT kind of loan is to give the loaner projections of revenue and when the loan will be paid back. They have to have some kind of projections.
wrong you dont get loans from projections, because anyone could get a loan then, you must have ASSETS ASSETS ASSETS, CREDIT CREDIT CREDIT< PURPOSE PURPOSE PURPOSE and xechem isnt lagging in that department, government backing?..just the iceing imo...
Posted by phone_man on :
The factory has been launched but has NICOSAN been officially launched to the public?
It sounds to me they have to get the factory in shape to produce the amounts needed to successfully launch the product to meet demand.
Posted by Leslie C on :
phone,
there have been several reports in the last couple of days confirming from Steve and others that NICOSAN is on the market in Nigeria, now how much they are able to produce is another thing? Which stirs a memory of it can only produce enough for 100,000 people a month right now.
The DD is in thread.
Posted by bond006 on :
That is what we hear, leslie and they will be picking up the pace as fast as the can Steve did mention to some body that he was going to pr prduct capacity of the plant.
Posted by bond006 on :
Leslie the only thing i have ever heard Steve say about the 8.2 million loan is things look very positive
Posted by 4Tune4Me on :
This isn't moving because it needs to show a profit...that's going to take time. It ran on speculation and anticipation, dropped on actual launch and has been dipping since.
Posted by phone_man on :
Leslie and Bond006 - thanks for the clarification. This is exactly the information that everybody has been wanting to hear from the XKEM folks themselves.
Posted by GreenDay on :
Where'd egg go?
I tried to get a quick eod fill at .0383 but didn't get filled. I sold a big lot at .07 and want to lead back up in the threes. I'll try again tomorrow.
Posted by bond006 on :
green day for some reason they went to another board
Posted by phone_man on :
Is it normal this amount of institutional buying in a penny stock?
Posted by bond006 on :
no it is very rare for them to buy penny's at all
Posted by money 76 on :
yeah i agree . xkem is a long term investment imo
this stock will show huge numbers in the future.
stock to touch 0.75 in the future say 4 months from now
Posted by trade04 on :
I wouldn't doubt seeing .07 by the end of the month
Posted by chevon2020 on :
quote:Originally posted by trade04: I wouldn't doubt seeing .07 by the end of the month
Well it had better, otherwise I'm screwed, unless you meant .7
Posted by trade04 on :
quote:Originally posted by chevon2020:
quote:Originally posted by trade04: I wouldn't doubt seeing .07 by the end of the month
Well it had better, otherwise I'm screwed, unless you meant .7
nope i meant .07, worst share price scenario eom imo
Posted by Ztiger on :
Well let hope for a good Xmas gift. i am trying to free some more cash to pick up more under.04 when we get loan, then we will see some green days right in time for Xmas$$$$$
----------------------------- I you built it------------ it would come$$$$
Posted by GreenDay on :
anyone here today? Isn't the prez supposted to have a summit today?
Posted by maumee river rat on :
anyone with brains is in fhal....
Thats why I'm here....LOL
Posted by trade04 on :
quote:Originally posted by maumee river rat: anyone with brains is in fhal....
Thats why I'm here....LOL
too bad i didnt buy it * .10 when i wanted to...but now its risky, more downside risk than up imo with FHAL
Posted by GreenDay on :
lol.. i just picked up some more xkem...got in fhal last night
Posted by maumee river rat on :
I was in it yesterday....sold at .42 to flip it and never caught it again...
Major blunder!!!.... Thats what ya get when you get to fancy...
This is lookin pretty weak lately....whats you take??
Posted by trade04 on :
yah fhal might do 1.20 or better, xkem basically has nowhere to go but up this month, to get back on topic! hehe
Posted by GreenDay on :
movin wrong way again
Posted by bond006 on :
Man if this keeps going south I will have to get ready to load the boat
Posted by bond006 on :
keep the faith nothing has changed about the company it has got better as a matter of fact just because the pps does not show that yet does not mean there is uoside yet
Posted by JF Glass Works on :
I am pretty darn new to all of this but I know what I see in the charts.
We sit AT the 40 DMA right now and above the 50 DMA.
I see this as a good sign. Institutions would not invest unless they had good amount of confidence in the company. This shows me that other companies have noticed XKEM and are starting to get into this for the coming climb. I feel very confident in the current price considering it is still above the 50 DMA and is possibly just making a routine correction.
Date Inst. Buying Volume Price $$ Inst. buying #Shares
7/12 Wed ( 8% of 190,149,472) x .033 = $501,994.60 15,211,957
7/13 Thur. ( 6% of 178,816,800) x .0369 = $395,900.40 10,729,008
7/14 Fri. ( 7% of 136,294,592) x .0445 = $424,557.65 9,540,621
7/17 Mon ( 8% of 113,439,622) x .05 = $453,758.49 9,075,169
7/18 Tues (12% of 82,109,184) x .0385 = $379,344.43 9,853,102
5 Day Total = $2,155,555.57 : 54,409,857
Does any one find this to be as positive of a move in the numbers and charts as I do? The PPS has only touched the 50 DMA once since June 2nd, and it bounced off it on July 13th. This looks positve to me, like we might be able to keep above the 50 DMA for a longer timeframe, hence slow but steady climb over the many weeks, with much fluctuation during the individual weeks.
With 2 Million invested by the institutions, I plan to hold these free shares for the long term, since I don't see any reason at this point to jump ship. Posted by bond006 on :
Me too I have free shares in and I am holding just think so far the only company in the world that has a treatment for scd. And that is no bull
Posted by BULListic on :
Took awhile, but XKEM is GREEN
Posted by trade04 on :
if this breaks over .045 this could do .054 easy tomorrow imo.
Posted by bond006 on :
Extended Hours: Last 0.00 Change 0.00 -- Bid 0.031 x30,000 Ask 0.05 x25,000 Extended Hours Real Time ECN Quote (INET) July 26, 2005 Last Price Today's Change Bid size Ask size Volume Trade 0.042 +0.0035 (+9.09%) 0.0415 x5,000 0.042 x5,000 60,598,653
Open 0.037 Previous Close 0.0385 Day's Range 0.034 - 0.0439 52 - Week Range 0.0011 - 0.495 3/16/06 - 7/10/06 Avg Volume (10 days) 168,978,528 Price / Earnings (TTM) 0.0x Earnings Per Share (TTM) -0.01 Market Cap 37.0 M Shares Outstanding 882.0 M Beta 1.0 Declared Dividend 0.00 Dividend Yield 0.00% Ex-Dividend Date -- Dividend Payable Date --
OTC BB Real time Quote: 3:59 PM ET 7/19/06Hide ECN Quote 1 Day | 5 Days | 3 Month | 1 Year | 5 Years Alert me when XKEM reaches: Add to Watchlist Historical Quote
Headlines July 12, 2006 All | Latest Headlines | News Wires
7:10 am Stock Trading Alert for Wednesday, July 12th Market Wire eLocity's stocks to watch for today are -- DC Brands International, Inc. (PINKSHEETS: DCBI), HiEnergy Technologies, Inc. (OTCBB: HIET), Xechem International, Inc. (OTCBB: XKEM), Grant Life Sciences, Inc. (OTCBB: GLIF): Headlines July 11, 2006
10:02 am Morning Stock Focus List for Tuesday, July 11, 2006: Exclusive Worldwide Rights to Market and Sell NICOSAN! Market Wire ************* names the following stocks to its Stock Focus List: Xechem International Inc. (OTCBB: XKEM), Sun Microsystems, Inc. (NASDAQ: SUNW), Escala Group (NASDAQ: ESCL), Websense, Inc. (NASDAQ: WBSN). 9:56 am ************* Posts Stock Pick List: Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug! Market Wire ************* names the following stocks to its Stock Pick List: Xechem International Inc. (OTCBB: XKEM), Valentis, Inc. (NASDAQ: VLTS), SIRIUS Satellite Radio (NASDAQ: SIRI), JDSU (NASDAQ: JDSU). 6:30 am Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria Business Wire Xechem International, Inc. (OTC BB:XKEM). Xechem International joins in congratulating its subsidiary, Xechem Pharmaceuticals Nigeria, on the successful launch of its new Sickle Cell drug, NICOSAN(TM), at a ceremony held on July 6th at Xechem Park, SHESTCO Complex, Abuja, Nigeria. The launching c ...
Posted by Leslie C on :
XKEM going to da moooooonnnnn!!!! Posted by GreenDay on :
Sorry if someone already posted this. No mention of xkem but still... Stronger governments key for Africa, Clinton says
By Associated Press | July 18, 2006
ABUJA, Nigeria -- Former President Clinton urged African leaders yesterday to strengthen their governments so that they can address long-standing problems of hunger and disease. Article Tools Clinton spoke at a summit bringing African political and business leaders together with their US counterparts in search of partnerships to lift the world's poorest continent.
``We can't stop the spread of AIDS without building the capacity of government," Clinton said.
Presidents from more than a dozen African countries are in the Nigerian capital of Abuja with executives from companies including Chevron Corp., Coca-Cola Co., General Motors, and DaimlerChrysler AG at the seventh Leon Sullivan Summit. The meeting takes its name from a US civil rights campaigner who worked to get black Americans to share their wealth and experiencewith Africa. http://www.boston.com/business/globe/articles/2006/07/18/stronger_governments_ke y_for_africa_clinton_says/ Posted by GreenDay on :
quote:Originally posted by ruskin_muskin: XKEM going to da moooooonnnnn!!!!
Oh yea, what makes you think so? I bet a month ago you thought it would be .20 to .30 by now. A little support from the company would be nice.
Posted by bond006 on :
We will get the support it will come there is not a lot you can do but stay informed and wait
Posted by dollar13 on :
so INSTITUTIONAL COMP. still buying that is the reason i still holding my shares.
Posted by trade04 on :
quote:Originally posted by dollar13: so INSTITUTIONAL COMP. still buying that is the reason i still holding my shares.
could be a reason for the move up on low volume, so far monday 8& tues 12 % today 9%...eating away at the float possibly, especially while its down
Posted by dollar13 on :
XKEM should go up at 0.2 next month easy.I don't know about president Clinton mettings in NIGERIA, if have anything to do with NICOSAN production.
Posted by chevon2020 on :
I have a dumb question for anyone that can answer. If all this institutional buying is going on, why hasnt the price moved up very much? It tank a few days ago. Shouldnt it be steadly increasing?
Posted by money 76 on :
i agree with u dollar
stock has too much potential to reach 0.20.
u will see a very good run once the revenue pr is out . even a loan pr which is expected by next week should bring this to 0.11 .
jmho. regarding loan i think steve mentioned about getting some loan .
Posted by dollar13 on :
quote:Originally posted by chevon2020: I have a dumb question for anyone that can answer. If all this institutional buying is going on, why hasnt the price moved up very much? It tank a few days ago. Shouldnt it be steadly increasing?
IT IS CALL PANIC SELLERS THAT IS THE REASON WE STILL HERE AT THIS PRICE.
Posted by chevon2020 on :
Maybe, someone suggested that they are buying and selling. It does make for a good flip, if you can get in and out at the right times, which I suck at. Do you guys think that's possible?
Posted by dollar13 on :
GOOD FLIP yes what 10% or 20% why, we are waiting for 200%+++++
Posted by bond006 on :
Does anybody remember the float is 1.4billion this stock needs a big base if longs to make it run which it will have shortly
Posted by phone_man on :
Nice last hour of trading yesterday. Hoping for more green today.
Posted by repsag on :
bid-.0435 ask-.044 vol134874 on scottrade
going up, any news???
Posted by trade04 on :
quote:Originally posted by repsag: bid-.0435 ask-.044 vol134874 on scottrade
going up, any news???
wait for the turnnnn
Posted by repsag on :
I'm waiting for all the FHAL and PAIV $$$$ to pour into XKEM!!! LOL
Posted by repsag on :
For XKEM, this is the calm before the storm! Congrats to everyone in FHAL and PAIV:)
Posted by bond006 on :
With no news this is about all we can get now just waiting for something positive
Posted by dollar13 on :
i hope some of you still holding for next week.
the market was down today, let see what happen tomorrow.
Posted by bond006 on :
I am still hear
Posted by money 76 on :
i am still in
shall sell this stock surely in coming weeks for over 1 usd.
Posted by chad1518 on :
I am still in
Posted by phone_man on :
ditto
Posted by Ztiger on :
I am still in
Posted by imapoorcollegestudent on :
I'm in and holding... bought at .05
Posted by quickpicker on :
I am holding as well!
Posted by Stockstar69 on :
I'm still here.
Posted by ClayN on :
I'm still holding.
Posted by Jo4321 on :
I still have some XKEM, though I did sell some in weeks prior...some for losses, some for gains
Jo
Posted by Ztiger on :
have a nice weeking good luck
Posted by GreenDay on :
still in too
Posted by 4Tune4Me on :
Nigeria in the medical spotlight:
Nigeria, Clinton Foundation in deal to fight AIDS Mon Jul 17, 2:25 PM ET
ABUJA (Reuters) - An AIDS charity set up by former U.S. President Bill Clinton signed a deal with Nigeria on Monday to make cheap AIDS drugs available to fight the disease in Africa's most populous nation.
ADVERTISEMENT
The signing was witnessed by Clinton, who said that testing for HIV/AIDS was crucial to curbing the infection rate in Nigeria, where about 3 million people are living with the virus.
"It is because 90 percent of people who are infected do not know their HIV status ... that is why it is spreading in Africa," Clinton said.
The former U.S. president said many people do not go for HIV testing because they are afraid of discrimination.
Nigeria said the agreement would help expand access to treatment for children, and raise funds to fight AIDS in Nigeria, which has the third highest case load in the world after South Africa and India.
Nigeria failed to meet targets on drug access and transparency in handling AIDS donations, prompting a major donor, the Global Fund to Fight AIDS, Tuberculosis and Malaria, to suspend about $50 million in assistance in April.
Since leaving the White House Clinton has devoted much of his attention to getting anti-AIDS drugs to poor countries at the cheapest possible prices through the foundation.
The foundation provides AIDS drugs to more than 250,000 patients through special deals with generic drug makers.
Nigeria has about 74 treatment centers where it gives out free AIDS drugs to about 40,000 patients, with plans to expand the therapy to more of those who cannot afford it.
The Global Fund suspended two five-year grants to Nigeria after just two years because of low numbers of people on treatment and concerns over data accuracy.
Posted by dollar13 on :
today might be the beginning of another run.
Posted by bond006 on :
This is looking more of a long term hold
the best news we can get is the closeing of thenloan for 8.2million, for the short term future
I have heard that they are breaking ground for the new site and I will talk to steve about that today.
I have heard that they are in production and they are wharehousing product the big problem is distrubution at this point. and they are working on that.
The new site I have heard to expand manufacturing will not be completed for 6 to 9 months and we will not get cash flow figures for another 4 to 5 months at a best guess.
In my personal opinion after looking things over the stock is worth about 4 to 6 cents a share not counting news pr's that could cause a spike.IMHO
The loan is looking very positive if not and it goes south they have other means to raise money but the loan is the best for investor's.
Posted by bond006 on :
Steve did not return my call Pandey is due back today I think news next week and I still stand by my thoughts
Posted by trade04 on :
agree, this week volume was low and stock bounced off technicals. Look for xkem to move next week, have a good weekend all
Posted by money 76 on :
this stock sucks i am out of this stock
Posted by phone_man on :
The prices for NICOSAN are published on the website now. Posting the link in case some were not aware. http://www.xechemnigeria.org/products.htm Posted by trade04 on :
quote:Originally posted by phone_man: The prices for NICOSAN are published on the website now. Posting the link in case some were not aware. http://www.xechemnigeria.org/products.htm
Interesting development, could imply a few things...
Posted by bond006 on :
Somebody wanted to know the patent for nicosan I forget but here it is with a little history
New treatment in Nigeria Nicosan (or Hemoxin), previously Niprisan or Nix-0699, a phytochemical (ethanol/water extract of Piper guineenses seeds, Pterocapus osum stem, Eugenia caryophyllum fruit, and Sorghum bicolor leaves) was developed by Nigerian scientists in Nigeria by the National Institute for Pharmaceutical Research and Development (NIPRD) (U.S. Patent # 5,800,819 - September 1, 1998). NIPRD has already conducted Phase I, Phase IIa and IIb clinical trials and is currently conducting Phase III clinical trials in Nigeria.
A Phase IIb trial of Nicosan conducted at an army base hospital in Yaba, Lagos, Nigeria between 1996 and 1997 resulted in 73% of the 30 patients who participated in the study experiencing no crisis during the 12 month trial period and the remaining 27% experienced less frequent and less severe crises.[1]
In August 2002, Xechem International (XKEM/OTC:BB), a New Jersey company, acquired the exclusive world-wide rights to Niprisan (later re-named Nicosan/Hemoxin). On July 6, 2006 the drug was offically launched in Nigeria, with the President of Nigeria, Olusegun Obasanjo, personally in attendance.
The drug has begun with limited production, although it is expected that production will expand to meet demand. The company's website in Nigeria is http://www.xechemnigeria.com
Xechem International is currently in the process of preparing an Investigational New Drug (IND) Application for Nicosan/Hemoxin for submission to the United States Food and Drug Administration (FDA) and applicable EU agencies. Nicosan/Hemoxin has received orphan drug status in the USA and Europe
Posted by J_U_ICE on :
By: rocketman99fl 22 Jul 2006, 01:55 AM EDT
_______RESEARCH/DD $0.26/SHR________
Conservative DD.
XKEM [Xechem Intl] Has a drug that treats Sickle Cell Disease SCD, led by CEO Dr. Ramesh Pandey they will be the next big thing in Pharma. Nigerian Government fully Behind XKEM 100% and XKEM has recently received Orphan Status.
In Nigeria alone, there are 4,000,000 SCD patients.
NICOSAN™ $20/month = $240/year
$240 x 4,000,000 SCD patients = $960,000,000 US dollars a YEAR.
Lets assume 20% margins on Drug Sales. [its cheap to run business in Nigeria]
Earnings = $ 192 Million a Year on 960mln Revenue.
Price-Earnings Ratio - P/E Ratio
192mln will be .13 cents earnings per year profit.
PE of 20 Gives Us $2.60 potential on conservative estimates on 4 Million Nigerian SCD Patients. Divide that By 4 for 1 Million of the 4 Million Patients and you get $.65 Value for XKEM conservatively.
The P/E is sometimes referred to as the "multiple", because it shows how much investors are willing to pay per dollar of earnings. If a company were currently trading at a multiple (P/E) of 20, the interpretation is that an investor is willing to pay $20 for $1 of current earnings. PE is also the growth ratio. 20% is conservative for XKEM, it should be 40 but we will be conservative for this estimate execercise, you make your own projections.
Now lets take BRISTOL MYERS SQIBB (BMY) The have a P/E of 15.55 and a market CAP of 49 Billion $$$.
BMY is the company XKEM won a 4 Million Dollar law suit against.
Now let's say they only get to sell to 10% of the 4 Million SCD Sufferers in Nigeria.
10% of $2.60 = $.26cents
But lets not forget the FDA Orphan status and Worldwide Potential here and add the the rest of Africa (another 5 million cases)
$.26 minimum (10% of SCD sufferers Treated) can turn into over $2.00 if more than 10% are treated and Nicosan goes Worldwide. America, China, Europe.
Shorterm 0.25c [3-6 Weeks]
Longterm Target $2.00-2.50 [6-12 Months]
Posted by bond006 on :
Good going Juice,looks good to me and the person put some thought into that I like it.Much better than mine
I am sure glad to have this week behind me it was one to remember what a fight now I know that there is good things coming to xkem starting next week and Dr. Pandey is back now so we will start to see some pr's and I think a much better pps.
Maybe we can start to talk to Dr. Pandey about pr's Steve just does not see the importance of them. Don't have to be fluff just informative with a little sales manship in them. I don't think steve could sell a heater to an eskimo
Posted by RagingBull on :
I didnt get in on XKEM thinking it was too late so i just looked the other way got my eye on DTGP take a look at this one guys get in early get in often
Posted by phone_man on :
[ July 22, 2006, 14:44: Message edited by: phone_man ]
Posted by bond006 on :
GREAT READ PHONE MAN
Posted by Rex A Million on :
now and then i'll drop in subpennyradio.com and they like this stock saying as long as it stays above .0300 should be good to go. that's sounding about right -- liking how 50 is holding up imho. glta!
This one seems updated. Its amazing how he comes to $.26 if they just do 10% of the potential out there. 100% would be $2.60 on a conservative growth rate for Nigeria alone. Nigeria is 4million of the 17Million Potential Worldwide. Glad I have been buying this stock on the profit taking from .11 down to .03-.04.
Personal target is .40-.50 Longterm (couple months).
Posted by dollar13 on :
we might have a good week for XKEM
Posted by trade04 on :
yeah dollar, i'm feeling a little bullish move coming this week as well
Posted by phone_man on :
Bring out the Bulls !
Posted by dollar13 on :
we are expecting pr's for tomorrow ?
we have Dr. Pandey back in US last friday so i hope he start sending pr's as a pizza delivery.
Posted by dollar13 on :
it's a good thing we still have MM QUIN at the ask at 0.08 . Let see what happen this week good luck guys.
Posted by JL on :
XKEM no PR's till August IMHO. We have enough PR's in the form of very informative Articles to sustain a .10+ price over the next few weeks.
Posted by dollar13 on :
quote:Originally posted by JL: XKEM no PR's till August IMHO. We have enough PR's in the form of very informative Articles to sustain a .10+ price over the next few weeks.
why you are saying no pr's comming this week ???
Posted by money 76 on :
pandey is back with all the infos
there should be a pr this week for sure.
may be a revenue related
Posted by dollar13 on :
i will take JL POST as his personal opinion maybe he doesn't know what is going on.
Posted by trade04 on :
quote:Originally posted by dollar13:
quote:Originally posted by JL: XKEM no PR's till August IMHO. We have enough PR's in the form of very informative Articles to sustain a .10+ price over the next few weeks.
why you are saying no pr's comming this week ???
I actually agreee with JL plus he has a good reputation around here i've followed a few of his plays on hot stocks branch of website. the article found this weekend had plenty of great details...could be just what the doctor ordered (pun intended)
Posted by JL on :
quote:Originally posted by dollar13: i will take JL POST as his personal opinion maybe he doesn't know what is going on.
Ive been following XKEM for a good 3-4 Months. If you read the article you should have plenty of News to last you a good amount of time. Like I said the Article has enough to feed many mouths for a long time. Maybe if you actually read it...you would realise the potency and so would your investment account realise some gains. GLTY
Posted by bond006 on :
By: foxwoodsfannh 24 Jul 2006, 09:17 AM EDT Msg. 85502 of 85502 Jump to msg. # XeChem Revenue
This is a portion of an artice from 7/16/06....
" It should be noted that NICOSAN is the first drug to be developed out of indigenous knowledge and undergoing rigorous laboratory research leading to patent award. It is also the first drug to be exported from Nigeria to other parts of world. According to Dr. Ramish Paney, the Chairman of XECHEM, it is expected to earn the country about $150 million per annum. "
If the Nigerian expected earnings from NICOSAN sales is 150 mil. per year based on a 7.5% cut, that makes the overall revenue from sales 2 BILLION per year....
Find me another stock trading at less than .05 per share with an imminent 2 BILLION per year revenue base....
Happy Hunting!
Posted by phone_man on :
MM's have damn near uprooted this tree
Posted by bond006 on :
according to the chart paople just a few days of this and if we ca hold at .03 we will start a reversal
Posted by kittykash on :
that's the way it looks to me also bond006. I'm back in and let's hope it holds. Posted by J_U_ICE on :
Posted by: Braden32601 Date:7/24/2006 3:41:48 PM
XKEM update-just tt IR Stephen Burg...the $ 8 million financing is "still in the works and non-dilutive"...they are "ramping up production"...great when "demand is so large"...all good going forward...said " a PR may be out soon" but didn't get any more imfo...all good to me! 9 million people need out drug in Africa alone and we are allowed to sell it there..also, 4 million need it in Nigeria area alone, and that is the first order of business
Posted by bond006 on :
Help wanted section in two nigerian papers they are starting to ramp up
1. Establish a state-of-the-art cGLP/cGMP facility in Nigeria for the Research, Development and Production of drugs from natural sources using African biodiversity. 2. Bring relief to the millions of Sickle Cell Disease patients through production of NICOSAN™/HEMOXIN™, the drug developed by the Nigerian Scientists at the National Institute for Pharmaceuticals Research and Development (NIPRD), Abuja for the treatment of Sickle Cell Disease.
3. Develop and bring to market an array of existing and new medicines produced and certified to the highest standards to serve the underrepresented needs of both the Nigerian population and that of the whole of Africa.
Posted by dollar13 on :
i saw a couple 1000000 shares buys today i my time and sales.I still holding .
Posted by money 76 on :
how high do u guys think this stock would be end of august .
Posted by bond006 on :
Rember this
The raw materials and its sources are all said to be within the country, although future international market demand could require growing and obtaining more material from overseas. The drug may be launched as soon as the National Agency for Food and Drug Administration and Control (NAFDAC) approves it. "We are looking into the issue of counterfeiting, but I can't tell you anything specific on that now, admitted Dr. Pandey, explaining, "First, we will make it a prescription drug. So we will know what is going on and how much of it is going out of the company. We may have some pharmaceutical stores to suggest the bulk purchasers. Counterfeiting has been brought to our attent ion by many people, but we are looking into how to stop it from happening to us."
The researchers believe that with the advent of NICOSAN, Sickle Cell Disease may soon be removed from the class of ailments having no specific drugs to cure them anywhere. As Sickle Cell Anaemia takes its toll on the human race, the global public awaits the efficacy of this drug, its standard maintenance, the height of its safety profile, its broad spectrum capacity and its affordability to patients of the disease who, perhaps, may never have hoped for any specific cure in the near future. That is if it proves itself to be the cherished specific cure for the disease.
Money 76 I don't know a lot og questions should be answered by then some say as high as .20 other say it will tank
Posted by bond006 on :
I can say this now the future of this company looks better than it ever did the only people in the world that have a safe treatment for scd,a factory to produce product, protection granted by the Nigerian Gov. patented product and a huge customer base to follow the product for life or until something better comes along. Plus same type of drugs in the pipeline for aids and other ailments.
Every thing until approval and launch was pure guess and speculation. And this is trading like a pos a lot of the world knows about this and nothing happens you got me. All of Europe does or it would not be on the German exchanges.
Posted by bond006 on :
I hope some time this week we stop this nose dive and turn around this is terrible we might see the low 2's if this keeps up before we turn around
Posted by phone_man on :
This will turn around in time. People will be able to start living normal lives because of the drug and the whole world will start finding out about it.
Posted by bond006 on :
good morning all ready for another day lets see this turn around
Posted by bond006 on :
Posted by: dart1961 In reply to: Marilynt who wrote msg# 29583 Date:7/25/2006 9:40:54 AM Post #of 29597
Marilynt- .026-.03 is a good 1st entry for peeps wanting to come aboard now, then kick back and watch for a day or 2, never shoot all your bullets at once IMO!
Posted by: INVestorTrends480 In reply to: None Date:7/25/2006 9:35:12 AM Post #of 29598
MMs = Short Hundreds Of Millions. Pure Manipulation. XKEM will be back up in a few weeks towards new highs. Seen this 100 and 1 times.
Not even in the OTCBB does a stock make roundtrip .03 to .11 and back to .03. At least not companies with actual longterm potential and fundamentals. Clear MM attempt to cover their short cheap.
Expecting a bottom of .026-.028 today. GLTA
My opinions are solely opinions. Do not buy or sell on my opinions.
Posted by bond006 on :
Hi all i just got off the phone with Steve Burg
He did to the best of his ability state the following
(1) contstruction for the main factory ansd he did refer to that as a factory has been going on now for about 2weeks. look for it to be s built equiped and running at 100% in 6 to 9 months
(2)Small plant is running at 100% capacity now and the are wharehousing as much as possible they are running a small trial program. When distrubution gets handled they will be able to get the product out with no shortages
(3) He can not dicuss production now but he is in the processof getting capcity figures for us and estimates should hear some of that in a month or so.
(4) And now the 8 million dollar loan that will finish the factory and speed them to the finish. As per Steve the final paper work is in the works they have a verbal approrval but nothing is final until check is in hand but it appears that all systemes are go. Not to worry if anything happens they have lots of offers now to look at if by some remote reason this does not work. But he is sure it will be done and sooner than I may think and he says he can't wait to get the news out. Over and Over he stated we are real how many company's do you know that the president of the country comes to your grand opening. thats all we talked about glta
Posted by phone_man on :
Thank you for taking the time to call bond. Good news !
Posted by bond006 on :
I believe that the smaller factory is only 20000sq ft there office and lab in New Jersey is 35,000 sq ft I don't know about the office in China and they are producing product
Posted by bond006 on :
Posted by: Braden32601 In reply to: trader_pro who wrote msg# 29682 Date:7/25/2006 2:00:27 PM Post #of 29718
no r/s in the plans per my talk with Stephen Burg (IR for XKEM)...talked to him and he told me that yesterday!
Posted by cactus33 on :
good buying oppty here?
Posted by plni on :
cactus you are right .I could not stand it so I am in.
Posted by cactus33 on :
quote:Originally posted by bond006: Posted by: INVestorTrends480 In reply to: None Date:7/25/2006 9:35:12 AM Post #of 29598
MMs = Short Hundreds Of Millions. Pure Manipulation. XKEM will be back up in a few weeks towards new highs. Seen this 100 and 1 times.
Not even in the OTCBB does a stock make roundtrip .03 to .11 and back to .03. At least not companies with actual longterm potential and fundamentals. Clear MM attempt to cover their short cheap.
Expecting a bottom of .026-.028 today. GLTA
My opinions are solely opinions. Do not buy or sell on my opinions.
this makes a lot of sense, they had to be short after that run. looks to me like the wanted to cover by tomorrow. they took this down hard from .10
this should be much higher
Posted by bond006 on :
from what I have heard and it was months ago that the original 20000. sq ft factory could handle Nigeria but the company would like to be in 1 year to be able to distribute product to all of africa and the rest of the world
Posted by cactus33 on :
No No No. Thats the Naked Short ammount. MMs are short a couple Hundred Million Shares (300-500mln imho) in order to maintain a market on XKEM during the 4 Billion Volume run from .03 to .11. That 1.13million short interest is Naked short which shows up on the SHO list and is made public by the Nasdaq. MMs are short a hell lot more than 1.13 Million shares of which you wont know because it is their inventory short that the Nasdaq cant disclose.
If that doesnt make common sense, ill simplify it.
Market Makers HAVE to short shares on a stock that has demand like XKEM did trading 4 Billion+.
They exceeded their inventory during the 4Billion share month so they had to short heavily to cover the demand. 1.13Naked Short big difference from MMs inventory shorts.
Bashers are actually using that 1.13 Naked short number to say "they're only short 1.13 Million." Because its obvious they work for these guys...its their only way out.
XKEM a great fundamental company is trading back where it started at .03 down from .11. Besides obvious profit taking, but to a greater extent MMs needing to cover their short and inducing a walkdown and selloffs. MMs are short BIG and they will have to Cover. It all depends at what price XKEM investors let them cover at. GLTA.
XKEM will be up nice from these levels over the next few months, sell if you have to.
Posted by cactus33 on :
actually it started at .01.. i bought back then but sold to early. I just bought back in today, not selling, im buying.
thanks for the info
Posted by dollar13 on :
I feel bad today but i still holding guys. This is not the only stock in my holding list.
Posted by phone_man on :
**** should be b-l-o-g.. without the dashes For some reason can't post b-l-o-g without the dashes?
Good read.
[ July 25, 2006, 21:33: Message edited by: phone_man ]
Posted by imapoorcollegestudent on :
I'm holding still with a buy in at .05. sucks to see such good stock go down but this one has lots of reason to go up. I have an investment covering sell of a portion of my shares at .10 ... it will be filled I believe... then the rest will ride higher. A unique niche in SCD treatment... great potential!
Posted by J_U_ICE on :
XKEM New Article!! President Obasanjo urges Nigerians to support NICOSAN....
Diaspora: We Must Take Our Future in Our Hands –Obasanjo Orders govt agencies to be online by Dec. From Patrick Ugeh in Abuja, 07.26.2006
As part of his vision to make Nigeria one of the 20 largest economies in the world by 2020, President Olusegun Obasanjo has charged Nigerians in the Diaspora and at home to take the country's destiny in their hands, even as he announced the Federal Government's resolve to grow the economy by 10% annually. The president, who spoke while declaring open the second Diaspora Day in Abuja yesterday, traced the genesis of one of the greatest problems complained about by Nigerians in the Diaspora to the fact that for ten years there was no investment in the energy sector. He said the government plans to correct the situation and others through NEEDS which he stated aims at attaining the Millennium Development Goals through which the governments sets and achieves its targets. "We want to grow the economy by a minimum of 10 per cent every year from this year," he said. "This means that every six to seven years we will be doubling our economic growth. It is possible and we will do it. By 2020, we want the Nigerian economy to be among the twenty largest in the world. It is possible and we will do it. But we must do it together. All Niigerians must apply themselves to bridge the gap between the status of developed and underdeveloped." According to him, this was necessary because there's not quick fix or short cut to the issue of development, pointing out that Nigeria was yet to realise its full potential and as still requires assistance of those in the Diaspora for growth and to manage its affairs. He directed that by December, all ministries an government establishments must have "robust and dynamic" websites so that all those wishing to access any information would have no cause to travel physically to the source. "Henceforth, there should be no excuse for Nigerians to travel home to seek information when they can get it through the internet," he said. He added that such active websites would also help douse rumours and misinformation which foreigners have of this country as they would be able access any information they desire without constraints. He allayed one of the fears of citizens living abroad, accommodation, by announcing that the Federal Secretariat in Ikoyi, Lagos State, was being remodelled by the government to quarter those willing to come back home. Commending them for their contributions to nation-building so far, he urged them to take advantage of the efforts of the government to create an enabling environment and collaborate with professionals at home to help uplift the nation. In particular, Obasanjo he called on Nigerianscientists abroad to support the National Science
Foundation by helping to generate funds for it and promised that government would give them all the necessary support in all their endeavours to improve the quality of life in Nigeria. He urged the Nigerians in Diaspora to pool their resources to further the accomplishments of the government in the last few years in such areas as science and technology, computer availability as epitomised by the CANI (Computer for All Nigerians Initiative) and the manufacture of the Nicosan drug. He also noted that while all Nigerians whether in foreign lands or at home wer working collectively for the upliftment of the country, those in the Diaspora should emulate their counterparts from other countries like Israel and India by using their leverage to attract foreign assistance to Nigeria. The president conceded that the country does need the external help to help it get to the desideratum and that the Nigerian Diaspora were well placed to achieve the goal.
Urging them not to allow their passion for this country to diminish but to pass it on their offspring, he told them to be good world citizens so that they could equally remain good citizens when they return to Nigeria. He said while there were a few bad eggs among them, the majority of Nigerians abroad were virtuous and advised them to go the extra length of helping to expose the criminally minded ones with a view to getting them repatriated.Expressing delight at the effort of the Nigerian National Volunteer Service (NNVS) which, in conjunction with the Ministry of Science and Technology, organised the event, he appealed to his "bosses" at the Matinal Assembly to pass the NNVS bill that has been pending before them in the last two years.When passed, the law will aid the work and aspirations of the Nigerian Diaspora, he said. Minister of Science and Technology, Prof. Turner Isoun, declared that the goal of the government is to make computers as ubiquitous as GSM phones. He told participants that the Nigerian Energy Commission designed to promote nuclear capability for the production of electricity, among others, is billed for commissioning on Monday.
Expressing his desire to see the National Diaspora Day, at which Nigerians in the Diaspora come to brainstorm on ways to improve Nigeria, sustained, Isoun hoped that Nigerians would seize the initiatives of this administration to participate in national development. The chairman of Nigerians in the Diaspora in the Americas, Dr. Ola Kazeem, who declared that the Nigerian Diaspora were economic refugees, said they were in the process of reversing the brain drain experienced by Nigeria in recent years. According to him, efforts were on to encourage Nigerian nurses who migrated to return home, even as he stated their determination to be champion the cause of the country wherever they may be.
"We are economic refugees," he said. "The only thing stopping many of us from coming back home is that there is no accommodation... we will help to develop Nigeria. We will be champions for the country, just like the Jewish Defence League is to Israel."
I holding and buying more Stocks like this don't come around every day Next year we will be talking about xkem. I am not missing out on this one,
Go XKEM
------------------------- Risk is in the eye of the beholder.
Posted by suncruiser on :
Demand for New Sickle Cell Drug NICOSAN(TM) Far Exceeds Supply; Xechem Nigeria Accelerates Construction of Commercial Scale Production Facility
-------------------------------------------------------------------------------- Wed Jul 26 06:44:38 2006 EDT NEW BRUNSWICK, N.J., Jul 26, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (OTC BB: XKEM) announced today that response to the first limited sales and distribution of NICOSAN(TM), its new product for the prophylactic management of Sickle Cell Disease (SCD), by its subsidiary, Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria), has been far greater than anticipated. Xechem Nigeria has broken ground for a new state-of-the-art commercial scale production facility and accelerated the facility's construction schedule. Xechem Nigeria, which received regulatory approval for NICOSAN(TM), its first major breakthrough "Natural Herbal Drug," on July 3rd, 2006 from the National Agency for Food and Drug Administration and Control of Nigeria (NAFDAC), has been producing the drug in limited quantities at its pilot scale facility in Abuja, Nigeria.
Xechem Nigeria's new commercial scale facility will have capacity to meet the demand of Nigeria and other African countries. Nigeria alone has 4 million sickle cell disease patients. The new facility will also be able to supply the drug for the clinical trials in the United States and the European Union.
NICOSAN(TM) was launched by the President of Nigeria, His Excellency Chief Olusegun Obasanjo on July 6th, 2006 at SHESTCO Complex. Immediately after the launch ceremony Xechem Nigeria has started direct sales of NICOSAN(TM) in Abuja, the Federal Capital Territory of Nigeria.
The drug is taken through one-a-day capsules which, once started, must be taken daily by the patient. The current price for a months supply for Adults is established at N 3,000 Naira (approx. US $23) and for Pediatrics at N 2,400 Naira (approx. US $18), respectively. Xechem is also accepting mail orders for the drug from other States within Nigeria.
The financing for this first phase of construction was supplied by Nigerian Export-Import (NEXIM) Bank, which loaned Xechem Nigeria N150 Million Naira (US$1.2 million) in June of this year. Xechem estimates that the expanded facility will be fully operational within 9 months.
Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "This is a very exciting time for Xechem and one that has been more than four years in the making. Getting NICOSAN(TM) approved for the prophylactic management of Sickle Cell Disease (SCD) was a major milestone which changes Xechem from a research and development company to a full scale business venture with NICOSAN(TM) to market.
"This also required the construction of a full scale production facility, on which we have now broken ground This plant will meet all the current Good Manufacturing Practices (cGMP) guidelines, the first facility in Nigeria to do so. We are grateful to NEXIM Bank for the loan and their early support for this project. This will help ensure the completion of our expanded facility in the shortest possible timeframe. Xechem is very proud to be the leader in bringing NICOSAN(TM) for Sickle Cell sufferers first in Nigerian market which will be followed throughout the African continent and the world."
About NICOSAN(TM)
NICOSAN(TM) is an anti-sickling, phyto-pharmaceutical (Natural Herbal Drug) for the prophylactic management of Sickle Cell Disease (SCD). It was developed by Nigerian scientists at the National Institute for Pharmaceutical Research and Development (NIPRD). In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the red blood cells of those afflicted with the disease. While not a cure, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced. Preliminary studies carried out at the National Heart, Lung and Blood Institute Sickle Cell Disease Reference Laboratory (NHLBI-SCDRL), NIH, at the Children's Hospital of Philadelphia (CHOP) and Xechem Research Laboratory in New Brunswick, NJ have confirmed some of the Nigerian studies.
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, and worldwide at least 12 million individuals are afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (natural herbal drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem has turned to the commercialization of the drug in Nigeria and plans also to pursue US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.
SOURCE: Xechem International, Inc.
CONTACT: Xechem International, Inc. Stephen Burg, 707-425-8855
Copyright Business Wire 2006
-0-
KEYWORD: United States Nigeria North America Africa/Middle East New Jersey INDUSTRY KEYWORD: Health Alternative Medicine Biotechnology Genetics Pharmaceutical Other Health SUBJECT CODE: Product/Service
Great PR...It shows the enormous sales this drug is generating...this should wake this puppy up this morning...
Nice to get low interest loans to manufacture a product where the demand is huge...By the time this is fully operational in nine months the products will have a line of orders waiting...Now that's nice...Time to get in this morning...
Posted by EverGreen on :
great news
but remember that Africans cannot spend $23 monthly for medicine
i will be happy to see at least $100m in revenues worldwide with a $20m profit
Posted by Tmoney on :
gapping huge this morning
Posted by CatiaEngineer on :
quote:Originally posted by Tmoney: gapping huge this morning
Yea, its looking like a chase if i want to get in. My order was placed but i think its going to rocket right by!
Posted by plni on :
I am glad I got in yesterday at.0275
Posted by Fuzzy1018 on :
this will be huge today; finally
Posted by kittykash on :
Posted by Batman on :
quote:Originally posted by EverGreen: great news
but remember that Africans cannot spend $23 monthly for medicine
i will be happy to see at least $100m in revenues worldwide with a $20m profit
So, you're saying a whole Continent can't afford $23. Not very bright...almost racist.
Posted by kittykash on :
look at all that selling, yet it's not bringing the price down. I know the gap has to be filled, but I hope it doesn't. If it does, it will be stronger on way back up.
Posted by cactus33 on :
wow, glad i jumped in on this yesterday.
Posted by cactus33 on :
I love this stock !
Posted by cactus33 on :
this was way undervalued, and still is. should be avove .10 at least
Posted by Egg Inspector on :
plni, cactus, and others with foresight to get in the last few days, good move!
agreed cactus, this IS way undervalued, but without a PR this was going to languish. this PR was just the kick in the $%##$* it needed.
Posted by plni on :
Been watching closely.Rumor of news yesterday got me in along with this thread,thanks guys think we might have a winner.
Posted by bond006 on :
Evergreen before they blew our dd out of this thread we had a study that 2/3 if Nigerians could afford the product.
The president was ans is going to make this a free benifit to all Government employee's and there will be a program fro those to poor to buy it he wants his country healthy so it can move forward
Posted by cactus33 on :
dont these nigerian leaders have big time oil, they'll throw around some medicine to its people. pretty sure the govt is on top of this to make sure it gets done
Posted by SherriT on :
Egg, clear out your PMs! ;-)
Posted by bond006 on :
You are right cactus I believe this is what the President of Nigeria had in mind he is on a national health program to get the country people on its feet to much sickness a national ball and chain. The whole country is just full of sickness if you want to look at the aids and t.b. thing it is just terrible
Posted by bond006 on :
XKEM New Article!! President Obasanjo urges Nigerians to support NICOSAN....
Diaspora: We Must Take Our Future in Our Hands –Obasanjo Orders govt agencies to be online by Dec. From Patrick Ugeh in Abuja, 07.26.2006
As part of his vision to make Nigeria one of the 20 largest economies in the world by 2020, President Olusegun Obasanjo has charged Nigerians in the Diaspora and at home to take the country's destiny in their hands, even as he announced the Federal Government's resolve to grow the economy by 10% annually. The president, who spoke while declaring open the second Diaspora Day in Abuja yesterday, traced the genesis of one of the greatest problems complained about by Nigerians in the Diaspora to the fact that for ten years there was no investment in the energy sector. He said the government plans to correct the situation and others through NEEDS which he stated aims at attaining the Millennium Development Goals through which the governments sets and achieves its targets. "We want to grow the economy by a minimum of 10 per cent every year from this year," he said. "This means that every six to seven years we will be doubling our economic growth. It is possible and we will do it. By 2020, we want the Nigerian economy to be among the twenty largest in the world. It is possible and we will do it. But we must do it together. All Niigerians must apply themselves to bridge the gap between the status of developed and underdeveloped." According to him, this was necessary because there's not quick fix or short cut to the issue of development, pointing out that Nigeria was yet to realise its full potential and as still requires assistance of those in the Diaspora for growth and to manage its affairs. He directed that by December, all ministries an government establishments must have "robust and dynamic" websites so that all those wishing to access any information would have no cause to travel physically to the source. "Henceforth, there should be no excuse for Nigerians to travel home to seek information when they can get it through the internet," he said. He added that such active websites would also help douse rumours and misinformation which foreigners have of this country as they would be able access any information they desire without constraints. He allayed one of the fears of citizens living abroad, accommodation, by announcing that the Federal Secretariat in Ikoyi, Lagos State, was being remodelled by the government to quarter those willing to come back home. Commending them for their contributions to nation-building so far, he urged them to take advantage of the efforts of the government to create an enabling environment and collaborate with professionals at home to help uplift the nation. In particular, Obasanjo he called on Nigerianscientists abroad to support the National Science
Foundation by helping to generate funds for it and promised that government would give them all the necessary support in all their endeavours to improve the quality of life in Nigeria. He urged the Nigerians in Diaspora to pool their resources to further the accomplishments of the government in the last few years in such areas as science and technology, computer availability as epitomised by the CANI (Computer for All Nigerians Initiative) and the manufacture of the Nicosan drug. He also noted that while all Nigerians whether in foreign lands or at home wer working collectively for the upliftment of the country, those in the Diaspora should emulate their counterparts from other countries like Israel and India by using their leverage to attract foreign assistance to Nigeria. The president conceded that the country does need the external help to help it get to the desideratum and that the Nigerian Diaspora were well placed to achieve the goal.
Urging them not to allow their passion for this country to diminish but to pass it on their offspring, he told them to be good world citizens so that they could equally remain good citizens when they return to Nigeria. He said while there were a few bad eggs among them, the majority of Nigerians abroad were virtuous and advised them to go the extra length of helping to expose the criminally minded ones with a view to getting them repatriated.Expressing delight at the effort of the Nigerian National Volunteer Service (NNVS) which, in conjunction with the Ministry of Science and Technology, organised the event, he appealed to his "bosses" at the Matinal Assembly to pass the NNVS bill that has been pending before them in the last two years.When passed, the law will aid the work and aspirations of the Nigerian Diaspora, he said. Minister of Science and Technology, Prof. Turner Isoun, declared that the goal of the government is to make computers as ubiquitous as GSM phones. He told participants that the Nigerian Energy Commission designed to promote nuclear capability for the production of electricity, among others, is billed for commissioning on Monday.
Expressing his desire to see the National Diaspora Day, at which Nigerians in the Diaspora come to brainstorm on ways to improve Nigeria, sustained, Isoun hoped that Nigerians would seize the initiatives of this administration to participate in national development. The chairman of Nigerians in the Diaspora in the Americas, Dr. Ola Kazeem, who declared that the Nigerian Diaspora were economic refugees, said they were in the process of reversing the brain drain experienced by Nigeria in recent years. According to him, efforts were on to encourage Nigerian nurses who migrated to return home, even as he stated their determination to be champion the cause of the country wherever they may be.
"We are economic refugees," he said. "The only thing stopping many of us from coming back home is that there is no accommodation... we will help to develop Nigeria. We will be champions for the country, just like the Jewish Defence League is to Israel."
Egg, clear out your PMs! ;-)
Posted by kilikili on :
I love it! Way undervalued and expanding with a product the world wants.
Posted by cactus33 on :
sooo glad i got back into this, i missed owning this
lol
Posted by doling2005 on :
Jumped back into this on the dip..let's roll..
Posted by cactus33 on :
a lot of people must of sold, this thread was booming before. opened up a good buying oppty
Posted by cactus33 on :
anyone else lookin at the chart and seeing another good run coming?
Posted by bond006 on :
Yes sir the chart people are buzzin looks that way on the fundamental side we are poised for a take off good pr today and just think an approval rr for the loan.wow thats yet to come soon .
Posted by EverGreen on :
hope to be wrong (i'm in XKEM) but i believe they will NOT do it
african leaders (as the rest of world politician ...) have 2 priorities: power and their bank account
so only upper class can afford to pay for medicines for longtime
quote:Originally posted by bond006: Evergreen before they blew our dd out of this thread we had a study that 2/3 if Nigerians could afford the product.
The president was ans is going to make this a free benifit to all Government employee's and there will be a program fro those to poor to buy it he wants his country healthy so it can move forward
Posted by cactus33 on :
quote:Originally posted by EverGreen: hope to be wrong (i'm in XKEM) but i believe they will NOT do it
african leaders (as the rest of world politician ...) have 2 priorities: power and their bank account
so only upper class can afford to pay for medicines for longtime
quote:Originally posted by bond006: Evergreen before they blew our dd out of this thread we had a study that 2/3 if Nigerians could afford the product.
The president was ans is going to make this a free benifit to all Government employee's and there will be a program fro those to poor to buy it he wants his country healthy so it can move forward
thats a pretty assuming statement green.
Posted by dollar13 on :
the demand of NICOSAN is more than the SUPPLY oh man looks like we going above 0.11 soon. I don't remember who said no pr's this week but for sure he didn't know what he was talking about. a lot of people have there sells orders between 0.030 - 0.040 they didn't have time to change their order because they were working or something, but tommorrow all those sell orders going to be cancelled
In other words tomorrow we will see 0.06 or more.
i am glad i still holding.....
Posted by dollar13 on :
that was a huge gap up this morning guys. maybe tomorrow will see another one like this one...
chart looking good too.
Posted by money 76 on :
i just spoke to steve about the company
loan pr to be out this week or early next week.
he also told me that after the loan there would be alot more supply..
good news guys this is gonna shoot.
Posted by dollar13 on :
quote:Originally posted by money 76: i just spoke to steve about the company
loan pr to be out this week or early next week.
he also told me that after the loan there would be alot more supply..
good news guys this is gonna shoot.
nice MONEY all we got to do is wait, tomorrow will be a good day for XKEM
Posted by Bearclaw on :
evergreen... If you look back in the PR's you'll see that payment is guaranteed for the drug...Income status is not an issue...GLTA...
quote:Originally posted by EverGreen: hope to be wrong (i'm in XKEM) but i believe they will NOT do it
african leaders (as the rest of world politician ...) have 2 priorities: power and their bank account
so only upper class can afford to pay for medicines for longtime
quote:Originally posted by bond006: Evergreen before they blew our dd out of this thread we had a study that 2/3 if Nigerians could afford the product.
The president was ans is going to make this a free benifit to all Government employee's and there will be a program fro those to poor to buy it he wants his country healthy so it can move forward
Posted by pay up on :
quote:Originally posted by Batman:
quote:Originally posted by EverGreen: great news
but remember that Africans cannot spend $23 monthly for medicine
i will be happy to see at least $100m in revenues worldwide with a $20m profit
So, you're saying a whole Continent can't afford $23. Not very bright...almost racist.
First of all the $23 is for adults. Also someone who is in Nigeria says that the price is affordable for Nigerians.
Posted by dollar13 on :
I don't think "evergreen" is in XKEM.
Posted by chevon2020 on :
I looked it up and in 2004 the average annual income in Nigeria was about 3-4 hundred US dollars.
EVERGREEN would be the first one i see in bash a stock than he own .LOL
Posted by dollar13 on :
[QUOTE]Originally posted by cactus33: [QB] [QUOTE]Originally posted by EverGreen: [qb] hope to be wrong (i'm in XKEM) but i believe they will NOT do it
and you own XKEM ????
Posted by dollar13 on :
today gap up from 0.027 to 0.038 woooo
and tomorrow???
2307 trades today
Posted by dollar13 on :
go XKEM see you tom guys....
Posted by Bearclaw on :
Guys... I'm not going to go back and dig this out tonight...kids and dad to get down and hit the sack...but...I do remember a guarantee from an organization that I think was an arm of the United Nations...This was at least 4-6 weeks ago...It was only a few sentences of a much larger article but it caught my eye at the time... My memory is vague here but I do remember thinking drug costs were taken care of...I seem to remember it was a group of nations that were guaranteeing financial backing to Nigeria for development and implementation of a treatment modality...If I have time tomorrow I'll try and dig it up...gonna take a while...Does anyone else remember the article? Anyway...take care and GLTA...
Posted by cactus33 on :
its great pr for the country to fund this, it doesnt cost them that much. Thats why the prezzz talks about it. do you know how much oil money this govt has????
Posted by JF Glass Works on :
Gov't subsidies is the only way the lowest income people of Nigeria will obtain this drug.
Bear, along with that, there was something that caught my eye regarding the bank in Nigeria that is closely linked to the gov't is possibly helping with the subsidies.... I am in the same boat as you, hazy recollection of the info.
Posted by EverGreen on :
great discussion LOL (the power of forums) - NO bash and no pump
so let me explain my point
(not important) - my 1st buy on XKEM 500000 .024 july 2004 !!! - sold and bought (with profit) during past 2 years and left with 200000 free
(important) - thanks Chevon2020 great link - hope everybody read Interesting - 70% Nigerians below $1 x day! - Health expenditure, private and public 2002 $43 per capita
of course many Nigerians (thanks to oil) are rich but the rest cannot afford $250 x year cure
final point - sociality: everybody talk about helping but reality says that poors die and richs become richer - politicians: Switzerland returned to Nigeria $400m stolen by previous president - commerce: do you think that a $1billion market x year was "abandoned" till now by big pharma co.?
quote:Originally posted by dollar13: EVERGREEN would be the first one i see in bash a stock than he own .LOL
Posted by CatiaEngineer on :
Here is a page full of links and such regarding Nigerian health care. I have a rather light position in XKEM so i havent been following this closely but im still holding out for some forward momentum.
good morning all lets see what happens today
Posted by BULListic on :
Unbelievable.....already below where it ended Tuesday before Wednesday's big news. I'm adding this one to my IRA at this price and just sock it away.
Posted by Lionking on :
Hello Friends,
Are we expecting any PR's soon?
I bought at 0.03 and wondering if this will go up soon or not?
Thanks
Posted by f8less on :
For those of you that believe in astrology, the signs point to buying in only on or after the 1st. Especially for investments in drugs [Wink] . At first I really didn't believe my girls advice regarding this stuff. But every time so far she has been right in her predictions. Now I'm listening to her advice and it's saving me from losses.
Posted by f8less on :
Posted by bond006 on :
XKEM Message list | Reply to msg. | Post new msg. « Older | Newer » By: blendininn 27 Jul 2006, 01:05 PM EDT Msg. 88357 of 88385 (This msg. is a reply to 88343 by light_the_way2001.) Jump to msg. # the mainstream media.reuters,AP.newscorp,viacom,etc is/are controlled by the richest,most powerful folks in the world who also happen to sit on the board of big pharma,oil,food companies,basically
all major corporations in the world,Xechem is an absolute threat to BMS & big pharma in general cause Nicosan proves that herbal,natural drugs are the real deal
w/o any nasty side effects as why there has been nary a story about Xechem or Nicosan.[ask Kevin Trudeau]Nicosan is the real deal otherwise they would not be worried about it & talk about it?
don't expect to see anything about NICOSAN in the mainstream media,..remember, Hydroxyurea is a 600 million dollar SCD chemo killer agent for BMS & St.
Jude but hopefully when revs begin they can & will start a grass roots campaign[ie road show] to get the word out about the miracle SCD drug Nicosan..IMHO
Posted by bond006 on :
The Gov. is also in for 7.5% of the ride wich Pandey says will be about 150 million a year. If the poor aren't going to get it why is the Gov. so concerned along with Pandey that Nigeria before the rest of the world
Posted by trade04 on :
kinda bearish here might pick up * .02 or better jmo
Posted by Grande on :
f8less,
I believe in the magic 8-ball. Signs pointed to YES so I know it's a sure thing!
Of course, I'm kidding. I've been watching this stock for a few months now and I like the news and potential.
Posted by J_U_ICE on :
Xemchem reports high Nigerian demand for sickle cell drug 27th July 2006 By Tom Neilson Response in Nigeria to the first limited sales and distribution of Nicosan, Xechem's new product for the prophylactic management of sickle cell disease, is said to have been far greater than the company anticipated. Xechem Nigeria, which received regulatory approval for Nicosan on July 3rd, 2006 from the National Agency for Food and Drug Administration and Control of Nigeria (NAFDAC), has been producing the drug in limited quantities at its pilot scale facility in Abuja, Nigeria.
AdvertisementIn the light of the higher than anticipated demand for the drug the company has accelerated the construction schedule for the company's new state-of-the-art commercial scale production facility.
According to the company, the new commercial scale facility will have capacity to meet the demand of Nigeria and other African countries. Nigeria alone has four million sickle cell disease patients. The new facility will also be able to supply the drug for the clinical trials in the US and the European Union.
"Getting Nicosan approved for the prophylactic management of sickle cell disease was a major milestone which changes Xechem from a R&D company to a full scale business venture with Nicosan to market," said Dr Ramesh Pandey, chairman and CEO of the Xechem Companies
Posted by needthecash on :
picking up steam here. Might be getting ready to go!!
Posted by bond006 on :
goodmorning all
needthecash I like the name welcome
Posted by bond006 on :
Here is some news for you there is a poster on IHUB that claims xchem is getting its loan from the gates foundation and he is part of the process he is either insane or for real ,imho.
the choice is yours
Posted by: liquidcoolcomputers In reply to: wing_walker who wrote msg# 30827 Date:7/28/2006 10:05:57 AM Post #of 30850
HEY GUYS
PEOPLE TOLD ME NEVER TO FALL IN LOVE WITH A STOCK BUT IVE BEEN A DAY TRADER FOR YEARS AND THIS ONE IS MY FIRST LOVE AND WHEN I SAW IT FALL I NEW I COULDNT LET THIS HAPPEN I 'VE BEEN SO INVOLVED WITH THE COMPANY TALKING IN NEW JERSEY CALLED NIGERIA IM GOING TO ORDER A BOTTOL OF THE NEW GREAT SCD MEDICENE, BUT MOSTLY MY CONVERSATION AND CONFRENCE CALL COMING UP TODAY ARE THE MOST IMPORTANT THINGS IN MY LIFE LAST NIGHT WHEN I HEARD ME AND THE CEO ARE GOING FURTHER IT WAS INCERDIBLE KNOWING I MIGHT EVEN BE A PART OF THIS COMPANY IN NEW FOR A LOAN FROM THE GATE FOUNDATION ALL I CAN SAY MY LONG DON'T HAVE TO WAIT SO LONG. AND I LOVE ALL MY TRUE XKEM'RS THIS ONE FOR YOU GUYS!!!!
LOVE, SARKES MKRDICHIAN CEO LIQUID ASSEST
Posted by phone_man on :
If it is true then the loan PR will be "HUGE". "if"
Posted by money 76 on :
loan pr brings this stock back to 0.11 and above
Posted by bond006 on :
The guys on I hub are trying to verify this now
Posted by phone_man on :
On another note wouldn't Obasanjo want to keep the loan in Nigeria so his country would make the money?
Posted by GreenDay on :
Glad to see .03 and a green finish. Happy Weekend!
Posted by dollar13 on :
ARCA load up today(almost all day) any body saw that.
Posted by money 76 on :
well looks like gates foundation things seems to be true .
few weeks back i remember someone saying about this kind of loan.
if we have a pr soon on this . stock to touch a dollar for sure.
glta
Posted by dollar13 on :
Any body can explain the gap up we had day before yesterday???
Nothing but a rumor at this point. Anything is possible. Once the drug is widely available and stories get out that SCD sufferers can't afford their medicine then the philanthropists might get sympathetic. They may realize their money is better spent to relieve the suffering now. JMO.
Posted by JF Glass Works on :
I highly doubt that the Gates foundation was UN-aware of Nicosan and its potential. I see the current un-involvment as caution. If they were to back Nicosan buy putting their money towards it in any way, they would be pissing off a lot of Pharm companies by the press and attention created, and they might not want that kind of attention until this thing gets more exposure. Then they can swoop in and save the day. Anything the Gates foundation touches gets reported on, so this may take a couple months... IMO
Posted by T e x on :
quote:Originally posted by bond006: Here is some news for you there is a poster on IHUB that claims xchem is getting its loan from the gates foundation and he is part of the process he is either insane or for real ,imho.
the choice is yours
Posted by: liquidcoolcomputers In reply to: wing_walker who wrote msg# 30827 Date:7/28/2006 10:05:57 AM Post #of 30850
HEY GUYS
PEOPLE TOLD ME NEVER TO FALL IN LOVE WITH A STOCK BUT IVE BEEN A DAY TRADER FOR YEARS AND THIS ONE IS MY FIRST LOVE AND WHEN I SAW IT FALL I NEW I COULDNT LET THIS HAPPEN I 'VE BEEN SO INVOLVED WITH THE COMPANY TALKING IN NEW JERSEY CALLED NIGERIA IM GOING TO ORDER A BOTTOL OF THE NEW GREAT SCD MEDICENE, BUT MOSTLY MY CONVERSATION AND CONFRENCE CALL COMING UP TODAY ARE THE MOST IMPORTANT THINGS IN MY LIFE LAST NIGHT WHEN I HEARD ME AND THE CEO ARE GOING FURTHER IT WAS INCERDIBLE KNOWING I MIGHT EVEN BE A PART OF THIS COMPANY IN NEW FOR A LOAN FROM THE GATE FOUNDATION ALL I CAN SAY MY LONG DON'T HAVE TO WAIT SO LONG. AND I LOVE ALL MY TRUE XKEM'RS THIS ONE FOR YOU GUYS!!!!
LOVE, SARKES MKRDICHIAN CEO LIQUID ASSEST
pretty embarrassing, no doubt
good find
Posted by bond006 on :
I wish I would have saved it to fikle but the gates poster posted his phone number he is the ceo of that company I have no idea how big it is he has a web site and lives in the Chicargo area. And he swears it is the truth that the gates foundation is going to work with xkem in some way and they are working on it now. I hope he is for real because people have went to rubber rooms for a lot less.
Posted by bond006 on :
A nice long repost
*** XKEM volume will return soon as will PPS ***
As soon as volume returns, so will the value.
Sellers are all but gone.
Lots of longs got out and remain with a core free position
with no hurry to sell.
Few flippers remain as flipping is getting more difficult.
Consolidation at 3 cents range.
Company's #1 priority is to get the 8.2 Million loan. (I believe we are very close)
14.6 Million on June 23rd 7.8 Million on June 26th 6.0 Million on June 27th 9.6 Million on June 28th 7.6 Million on June 29th 4.3 Million on June 30th 7.7 Million on July 3rd (on a half day trading) 21.7 Million on July 5th (a new record) 18.2 Million on July 6th 6.0 Million on July 7th 7.1 Million on July 10th 9.2 Million on July 11th 6.2 Million on July 12th 6.6 Million on July 13th 5.9 Million on July 14th 5.6 Million on July 17th 3.1 Million on July 18th 2.5 Million on July 19th 2.1 Million on July 20th 1.2 Million on July 21st ===== 153 Million in 20 trading days.
Some anticipated Expected short term PR list. ---------------------------- - Non-dilutive 8.2 Million Dollar loan. - Some production numbers & start of sales.
The P/E is sometimes referred to as the "multiple", because it shows how much investors are willing to pay per dollar of earnings. If a company were currently trading at a multiple (P/E) of 20, the interpretation is that an investor is willing to pay $20 for $1 of current earnings.
Now lets take BRISTOL MYERS SQIBB (BMY) BMY has a P/E of approximately 15 and a market CAP of $$$ 49 Billion $$$.
Divide by the maximum number of outstanding shares (approx 2 Billion) worst case ...
$14,000,000,000 / 2,000,000,000 = $7.00
Now let's say they only get to sell to 10% of the people at first.
Why only 10 percent you ask? - Difficulty to ramp up production at first.. However the demand is there, just need to get production to the level of the demand. (Imagine opening a business where your sales are already pre-determined and waiting for you to simply act on them)
Let’s not forget how this will improve the lives of millions of sufferers and the publicity that it will create.
This is a WIN WIN for all involved.
10% of $7.00= $.70 stock..
Now add the rest of Africa (another 5 million cases) (as production increases)
easy double.. $1.40
Now export the drug to the rest of the world....
Over time, allow the production to ramp up & increase sales from 10% to 50%
Still want to give away your shares under 1.00 ? (and before the imminent PR’s above)
This is minimum a 400 Million dollar company and we have a 40 Million dollar market CAP. (that is a 10 bagger minimum)
Wake UP people and start buying...
Some past PR's.. ================ Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN(TM), in Nigeria Tuesday July 11, 6:30 am ET Xechem Receives Approval For Sale Of NICOSAN(TM) From Nigerian Regulatory Authorities -- NAFDAC Wednesday July 5, 2:26 pm ET Xechem Receives Orphan Drug Designation From The FDA For Its Anti-Sickling Drug 5-HMF 6 Jun 2006 (BusinessWire) Xechem's Subsidiary -- Xechem Pharmaceuticals Nigeria -- Receives N150 Million Naira... 1 Jun 2006 (BusinessWire) Xechem Files Orphan Drug Application with the FDA For The Anti-Sickling Compound... 14 Mar 2006 (BusinessWire) Xechem Closes On $4.2 Million Lawsuit Settlement With Bristol-Meyers Squibb 25 Jan 2006 (BusinessWire) Xechem Completes Repurchase of $3 Million Convertible Loan From Alembic; Alembic... 12 Jan 2006 (BusinessWire) Xechem Receives $560,000 From Sale Of New Jersey State Net Operating Losses 29 Dec 2005 (BusinessWire) Xechem Settles Antitrust Lawsuit Against Bristol-Meyers Squibb for $4.2 Million 20 Dec 2005 (BusinessWire) Xechem Expands its Arsenal for Treating Sickle Cell Disease; Licenses New Anti-Sickling... 9 Dec 2005 (BusinessWire)
Summary of facts: =================
- XKEM now has approval for NICOSAM - 4M sufferers in Nigeria alone (9 Million in Africa) - Factory ready to produce enough pills for 100,000 people - Factory is being expanded to support 1,000,000 people - XKEM has begun selling the drug. - Dr. Pandey estimates a $500M market in Nigeria alone - DILUTION HAS ENDED - no more need for dilutive financing. - Cash flow will begin this quarter - Non-dilutive loans are in progress. - Nigeria TO EXPORT NICOSAN to the rest of the world - XKEM has more drugs in the pipeline - $1B drug - $40M cap = major PPS growth - Strong accumulation at these levels
Posted by dollar13 on :
This company XKEM have it all "READY TO GO UP ",if investors want to cover there eyes and don't want to see the potency here, you all better go play with 0.0001 stocks see how much you can make on those LOL
Posted by dollar13 on :
I am holding and buying some more
i want to retire soon .
Posted by money 76 on :
xkem should have a g8 next week imo.
pr to be expected early monday imo.
Posted by bond006 on :
Hear is something that we overlook is the office in England that will be the gate way to Europe go to page 5 of this site yo verify
Xechem Sets Up UK Subsidiary Xechem, US-based biopharmaceutical company, has set up a subsidiary, Xechem UK, in Godalming, south east England. The move will facilitate Xechem’s entry into the European market for its lead product, Nicosan/Hemoxin, a phytopharmaceutical drug for the treatment of sickle cell disease. Xechem is engaged in the research, development and production of generic and proprietary drugs from natural sources, and specialises in the development of anticancer, antiviral and antifungal compounds. Xechem, Inc. Corporate Headquarters, 100 Jersey Avenue, Building B, Suite 310, New Brunswick, NJ 08901. Telephone: 001-732 247 3300 Fax: 001-732 247 4090 Email: xechem*erols.com Website: www.xechem.com Xechem UK Ltd, White House, 2 Meadrow, Godalming, Surrey GU7 3HN. Telephone: 07710 039 721 UK Secretary, Mr. J. Martin Biggs
new article!! Science technology opens new vista for job creation, poverty reduction By Dele Fanimo
SCIENCE and Technology sector may soon emerge the new frontiers for robust employment generation, given recent proactive measures initiated by the government to bolster the nation's human capital.
Specifically, the recent launch of Gamma Irradiation Facility (GIF) in the agricultural sector and NICOSAN- a drug used for the management of sickle cell disorder, the horizon appears brighter for massive employment generation and foreign exchange earnings.
Both the GIF and NICOSAN projects recently launched in Abuja by President Olusegun Obasanjo are located at the proposed Science Park in Abuja, a complex modelled after the United States' Silicon Valley renowned for churning out latest computer innovations and scientific breakthroughs used across the world.
The GIF is for the preservation, long shelf life and judicious management of perishable foods, pharmaceuticals and agricultural products while the NICOSAN is for the management of the sickle cell disease.
It is estimated that out of about 10 million people suffering from the sickle cell globally, four million of that number are Nigerians.
The benefits accruing from the recent developments in the science and technology sector are the economic and commercial implications, which include employment generations empowerment of the people and poverty reduction.
For instance, farmers will no longer contend with wastes occasioned by glut as GIF can preserve large foods and agricultural products.
Before now, it is on record that 50 per cent of farm products, which would have been conserved, are lost to pests and other diseases thereby causing farmers to incur huge financial losses.
But with the coming of the new innovation, it is expected that all these will come to an end as GIF has the capacity to treat 20 metric tonnes of products daily.
An obviously elated Science and Technology Minister, Professor Turner Isoun, at the launch declared that farmers can now massively increase their products for domestic and international markets.
Isoun told the gathering that with the technology in place farm produce would enjoy market appreciation.
On the latest drug for sickle cell disease, NICOSAN, the minister described the indigenous invention as an interesting one.
Isoun said: "The story of NICOSAN is an interesting one. From an obscure practice by our traditional herbal practitioners in the management of the disease, medical science has learnt only recently the potency of these extracts from different plants in use by our ancestors.
He stated that patients on NICOSAN remains the most authentic testimony to its viability and efficacy in the management of the disease, adding that their continued living without crises since they began using the drug inspires great confidence.
According to him, NICOSAN is the first drug to be developed out of indigenous knowledge and undergoing vigorous laboratory research leading to patent award.
The drug which is the first drug to be exported from Nigeria to other parts of the world, according to Chairman of XEChem, Dr. Ranush Pandey, is expected to earn the country about $150 million per annum in foreign exchange.
Isoun noted that henceforth science and technology has been rejuvenated to its prime place in the nation's development project, adding that: This new dawn and experience has just begun, given the fact that the sector holds the key to accelerated growth that can affect all other sectors of the Nigerian economy."
He explained further that the ministry was set to serve as the main driver in the next phase of the National Economic Empowerment and Development Strategy NEEDS and the transformation of the economy.
He said: "Tradition treatment is competitive in the international market where Nigeria hope to make a reasonable mark to earn foreign exchange. It is cheaper and more environmental friendly. This is in addition to other advantages, such as savings from the use of chemical preservatives, improved wholesomeness of food and food products and safety of consumers. There is the overall demand at the standardised and competitive international market where Nigeria has always wanted its products to be patronised."
The minister noted that the healthcare benefits will be derived through the treatments of radio sterilisation of medical devices such as hypodermic needles, syringe and surgical blades, adding that Nigeria industrial and home needs are also to benefit from the Gamma Irradiation Facility materials such as plastics. Among them are cable wires, plastic pipes for hot water in hotels and other household use.
The presence of Gamma Irradiation Facility at SHESTCO will open up a vista of investment opportunities in many sectors of the economy. Spin off industries are expected in agriculture and agro-allied sector, food processing, pharmaceutical, plastics, rubber, wood and furniture sectors, respectively, with high export potentials.
The launch of the NICOSAN drug is another demonstration of Nigeria's resolve to speak in the most pragmatic term at international level. It is a known fact that about ten million people all over the world are suffering from this disease and among these people are four million Nigerians. Therefore, the launch of NICOSAN will help these 10 million sickle cell patients in the world to manage the disease without any crises as it has been attested to by some of the patients who have been on the drug for over year.
The launch of NICOSAN on Thursday, July 5, 2006 by President Olusegun Obasanjo has changed the story of sickle cell patients. With NICOSAN, the history of the disease will turn around for the better, bringing with it a change in the dramatic and unpleasant experience which sufferers have helplessly endured all their lives. As a potent management drug for the treatment of SCD, NICOSAN has been described by experts as the defeat of Sickle Cell Disease. The knowledge and expertise of this drug is all indigenous to Nigerian, which is what makes it a major breakthrough and a plus for the Ministry of Science and Technology.
Government in partnering with XECHEM, a private sector pharmaceutical company, will ensure that the NICOSAN drug is made available to all pharmaceutical stores in the next nine months. Meanwhile, 30,000 capsules have been produced in SHESTCO Abuja by XECHEM Laboratory to cater for the needs of those who are in need of the treatment particularly those who have registered with XECHEM.
Barely 36 months back, the Ministry of Science and Technology launched its first satellite (Nigerasat:1) in space, a low earth orbit device that collates data on disaster monitoring. The data collated are also useful to farmers to predict where to cultivate.
Likewise, before the end of 2006 or early in 2007 Nigeria will launch another communication satellite NIGCOMSAT-1, which is designed to meet the telecommunication broadcasting and broadband needs of Nigeria and other African countries that are underserved.
Presently, Nigeria broadcasting and broadband needs are hooked to technology devices in Europe and America, costing millions of dollars in foreign exchange.
www(.)ngrguardiannews(.)com/appointment/article01
Posted by bond006 on :
hear is the site for that article that I just posted
I went to the World Health website hopin to find news bout Xkem (after reading the post about football stars ect) I cant find any news on their website.... Wondering why they r not covering Xkem.. I have 300000 free shares and would like to c a run up.... but so many things get confused here..... I wish we could get some straight up news...... I Cant find anything about the Gates info..... I think it must b false..... Rats......
The Gates info comes from a private person who says he is involved could be false or could be true I don't know
Posted by money 76 on :
lets hope this week we see some prs .
loan pr the most imp to bring this stock back to 0.10s
Posted by Bearclaw on :
I just saw an ad on TV...now this is coincidental but...Gates and his wife are on of all things, The Oprah Show tomorrow afternoon to discuss all the projects their foundation is involved in..
Just thought I'd mention that for those who are discussing this rumor...If the name Gates gets tied to XKEM as supporting financially this effort there's no telling where the PPS could go...I don't think I ever recommended anyone watch Oprah...so won't do it here...GLTA
Posted by madmax526 on :
Bearclaw, just checked it on my channel guide and the show is actually a repeat...could have been great...nobody has to watch Oprah now.....
Posted by madmax526 on :
i hope this is after july 4 2006 any body can verify this?
Posted by imapoorcollegestudent on :
I just emailed the editor of the tribue to find out when the article was published in the tribue. Will get back to you when she does. I also checked on Mayo Clinic's website under Sickle Cell diseise and was shocked at the poor prevention and treatment that is out for this desise. This Drug has it's very own niche. A needed niche. I hope this drug and company goes great for us as shareholders and for all those who have to suffer the pains of this terrible desiese that is so widespread
Posted by 10of13 on :
Has anyone ever been able to verify that anyone here in the US has heard of/ or thinks positive of this drug? Any orinizations or support groups? And yes, I've asked this before...and am still looking for verification of this...
quote:Originally posted by imapoorcollegestudent: I just emailed the editor of the tribue to find out when the article was published in the tribue. Will get back to you when she does. I also checked on Mayo Clinic's website under Sickle Cell diseise and was shocked at the poor prevention and treatment that is out for this desise. This Drug has it's very own niche. A needed niche. I hope this drug and company goes great for us as shareholders and for all those who have to suffer the pains of this terrible desiese that is so widespread
Posted by BooDog on :
This should be interesting. madmax526, not sure how you came across that article. Do you know the author? no author is given. I know XKEM will draw the big boys sooner or later if they keep on the right path. Somehow it stays 9:53 am EST on that site and there doesn't appear to be much there. Sites like these proclaiming issues such as Xechem do not add to the benefit of a stock...quite the opposite. What will be interesting is how that is perceived by the rest of the common world if it gets out and is not backed up by a major U.S. source. That will show the true definition of pump and dump.
[ July 31, 2006, 08:45: Message edited by: BooDog ]
Posted by money 76 on :
xkem should get recognition from everywhere .
i mean they r talking about national honor and xkem not much in news. very shocking..
company might have some info on these things. try calling and finding out
Posted by BooDog on :
"This should be getting recognition"
Keep in mind how much research is going on at many many college campuses and research institutions. There are many symposiums every year also, check them out and see just how many xechem has attended. If this was such a major step towards a "cure" to an incurable disease then this would be everywhere. Time will tell.
Posted by 10of13 on :
BooDog... I think that you and I have been on the same page for a little while...I've contacted several...Phone and email..and nothing...
You are right..time will tell...
Posted by Schwabie on :
HOLDING NICELY
Posted by Absolut_Swing on :
I'd like to see this come down to .02 so I can take a position in it. Good entry point.
Posted by phone_man on :
We don't want to see .02's at this point Maybe we are just running off the fumes of the last PR and maybe we are not. I hope for the latter.
If we can hold this until the next PR comes out we will be in better shape for a stronger run.
JMO.
Posted by Schwabie on :
I would like it to go down too so I can get a huge position but too many people bought at a MUCH higher price and also alot of money went into this stock (millions $). I doubt they let it go that low.
Posted by dollar13 on :
low volume today ,pps steady and holding at 0.03 i hope this is a good sing "no body selling i think"
Posted by Drumdude101 on :
what does PPS mean? i have some of this stock Posted by Absolut_Swing on :
quote:Originally posted by Schwabie: I would like it to go down too so I can get a huge position but too many people bought at a MUCH higher price and also alot of money went into this stock (millions $). I doubt they let it go that low.
Yes, true. It's those same people that bought at much higher prices that are the ones that will be selling when this thing rallies back to the .10 cent range. So it'll be major resistance. I'm pretty confident it can go back up to at least .10 in the next month or so.
I would like it to go to where i would say is a good entry point, .02, but for those holding positions still at higher prices, i wouldn't worry too much, it will go back up because the drug is a good profit source.
Posted by madmax526 on :
.02 is possible a couple weeks to a month from now if things don't change. The .03 barrier is holding pretty good but has been weakening.
Posted by 10of13 on :
quote:Originally posted by Absolut_Swing: I'd like to see this come down to .02 so I can take a position in it. Good entry point.
Are you going to try and short this one?
Posted by madmax526 on :
show us one loan pr now. thats all we r waiting for.
Posted by madmax526 on :
hopefully we can find the loan confirmation before the PR just like the last one...I think the loan will be here soon...Burg's supposedly on Vacation until Wednesday...I have a feeling they surprise us again with something later this week or early next week...hope I'm right.......
Posted by osuidoc on :
just got back into town, yep looks oversold again. looks like its gearing for anothewr run to .04 with news
Posted by cactus33 on :
isnt this going to completely take off if/when it gets approved in USA after the orphan program? anyone have a timeline on when fda could approve this?
Posted by bond006 on :
Posted by: drifterfcrc In reply to: None Date:8/1/2006 10:31:49 AM Post #of 31554
FROM THE PENNY PICKERS SITE!! Since it's slow now then check this out!!!!!
Posted: Mon Jul 31, 2006 11:59 pm Post subject: My interpretation of our last PR fwiw
I truly believe the July 26 PR was so chock full of good stuff that it deserves a closer look... just my opinions here, but here is our last PR in black, my interpretation/comments in brown
Xechem International, Inc. (OTC BB: XKEM) announced today that response to the first limited sales and distribution of NICOSAN(TM), its new product for the prophylactic management of Sickle Cell Disease (SCD), by its subsidiary, Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria), has been far greater than anticipated. We expected a significant demand, however even that expectation has been exceeded. Xechem Nigeria has broken ground for a new state-of-the-art commercial scale production facility and accelerated the facility's construction schedule. We of course knew there is a huge desire for the solution that Nicosan brings to those who suffer, and therefore obtained the Nexim loan in advance of the launch so that we could (upon approval of the sale of the drug) get a head start in establishing the larger production plant and manufacture the required quantities at the earliest date possible. We did not do this earlier because we were not sure of the time-line for approval of Nicosan. Xechem Nigeria, which received regulatory approval for NICOSAN(TM), its first major breakthrough "Natural Herbal Drug," on July 3rd, 2006 from the National Agency for Food and Drug Administration and Control of Nigeria (NAFDAC), has been producing the drug in limited quantities at its pilot scale facility in Abuja, Nigeria. This would be the 50000 to 100000 client capacity that you all know about.
Xechem Nigeria's new commercial scale facility will have capacity to meet the demand of Nigeria and other African countries. Nigeria alone has 4 million sickle cell disease patients. As investors in our company, we believe you have the capacity to figure out what this means in the way of revenue projection. There are 4M in Nigeria, another 8M +/- in the balance of Africa.The new facility will also be able to supply the drug for the clinical trials in the United States and the European Union. Yes, we very much intend to follow through with the clinical trials abroad, and this too will be PR’d – perhaps in six months or so.
NICOSAN(TM) was launched by the President of Nigeria, His Excellency Chief Olusegun Obasanjo on July 6th, 2006 at SHESTCO Complex. Immediately after the launch ceremony Xechem Nigeria has started direct sales of NICOSAN(TM) in Abuja, the Federal Capital Territory of Nigeria. Yes, the launch was a big deal. It has been many years in the making, and has had several roadblocks as those of you who have been invested or researched for the last five years well know. But we are there now, and yes we are producing and selling in limited quantities as we gear up with staffing requirements, arrange the construction schedule (yes, even ahead of the 8.2M loan PR – ahem, you do all know the money supply is being finalized –no?)
The drug is taken through one-a-day capsules which, once started, must be taken daily by the patient. The current price for a months supply for Adults is established at N 3,000 Naira (approx. US $23) and for Pediatrics at N 2,400 Naira (approx. US $1, respectively. Xechem is also accepting mail orders for the drug from other States within Nigeria. Alright, still need help with that math? Ok, average of $20 per month x 12 months x well, lets do all of Africa since we will be able to manufacture and distribute that much in. say, two years … ok x 12M SCD sufferers who will be blessed to receive this natural miracle drug, … ok this is a large number … yes, pretty close to $3B annual revenue. Don’t get too excited here … this is after two years- maybe longer. By August 2007, please be more realistic and assume we can effectively service only Nigeria’s 4M SCD population which will bring us our first exciting cash-flow of just shy of $1B. And yes, all revenue is of course recurring since our drug is a treatment, not a cure. Remember that our current O/S count is about 1.5M and our A/S remains at 1.95M. We expect both of these numbers to remain static.
The financing for this first phase of construction was supplied by Nigerian Export-Import (NEXIM) Bank, which loaned Xechem Nigeria N150 Million Naira (US$1.2 million) in June of this year. Xechem estimates that the expanded facility will be fully operational within 9 months. Yes, fully operational, and while we are building this, our new staff will be establishing the best methods we can find as relates to distribution of this superb product throughout Nigeria, and of course the challenges with revenue collection.
Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "This is a very exciting time for Xechem and one that has been more than four years in the making. Getting NICOSAN(TM) approved for the prophylactic management of Sickle Cell Disease (SCD) was a major milestone which changes Xechem from a research and development company to a full scale business venture with NICOSAN(TM) to market. Plain and simple but profound! While we will retain our R & D capacities, we are indeed now entering new territory with our new manufacturing capacity and a proven huge market of unfortunate SCD clients for whom we finally have relief.
"This also required the construction of a full scale production facility, on which we have now broken ground This plant will meet all the current Good Manufacturing Practices (cGMP) guidelines, the first facility in Nigeria to do so. Some of you may not know, but our Dr. Pandey has been personally instrumental in the establishment of the international herbal source cGMP guidelines. We are grateful to NEXIM Bank for the loan and their early support for this project. This will help ensure the completion of our expanded facility in the shortest possible timeframe. HuH? Read the last two sentences again and then ask if the 8.2M loan is not approved. If you still do not think the loan PR will be huge news, then you will just have to wait for the PR for the new plant commissioning next March. Meantime, just don’t be caught on the sidelines around the time other PR’s to be issued pop up. If you have done your DD, you know what these are. Xechem is very proud to be the leader in bringing NICOSAN(TM) for Sickle Cell sufferers first in Nigerian market which will be followed throughout the African continent and the world."
Posted by cactus33 on :
great post bond, looks like this just needs to get on the radar again. this still has a lot of life to it imo
Posted by cactus33 on :
two steps forward, one step back. lol
Posted by phone_man on :
quote:Originally posted by cactus33: isnt this going to completely take off if/when it gets approved in USA after the orphan program? anyone have a timeline on when fda could approve this?
US trials won't begin until after the new factory is producing in around 9 months.
Posted by cactus33 on :
thanks phone
this becoming oversold
Posted by Absolut_Swing on :
quote:Originally posted by 10of13:
quote:Originally posted by Absolut_Swing: I'd like to see this come down to .02 so I can take a position in it. Good entry point.
Are you going to try and short this one?
I can't short stocks under $1.
Too risky anyway.
Posted by cactus33 on :
getting some momentum back
Posted by Stock on :
people still holding this ? lol...damn
Posted by cactus33 on :
bought back in under 3 week ago.
Posted by Mambo7 on :
on the move
Posted by cactus33 on :
news? or oversold bounce? whatever i'll take it
Posted by kilikili on :
whoa what's going on?
Posted by cactus33 on :
undervalued
Posted by kilikili on :
Lots of activity going on
Posted by imapoorcollegestudent on :
The bid is getting slaughtered... Go ask go ask go go go ask
Posted by Mambo7 on :
maybe news tomorrow ??????????????????????
Posted by imapoorcollegestudent on :
Who would know that there is news tommarrow that makes the pps go up?
Posted by kilikili on :
here comes .035
Posted by kilikili on :
here comes .036 now!
Posted by cactus33 on :
somethings up....
Posted by Mambo7 on :
somebody must know something
Posted by kilikili on :
Yeah something is definitely up! Everytime there's a wall on the ask it keeps getting knocked down!
Now here comes .037
Posted by Redwinger on :
Interesting... I see nothing out there explaining this But fine with me.
Red
Posted by cactus33 on :
settling down, still looking for this to be .04 soon
Posted by kilikili on :
someone got 1 million at .0345
Posted by BULListic on :
1M Buy at .0345 with 2 minutes before the bell
Posted by Redwinger on :
Nice a $34,000 buy...
Red
Posted by Egg Inspector on :
just jumped +.005 in the last hour. anyone know anything about this? the PR coming out?
Posted by cactus33 on :
looking for something tomorrow morning
Posted by madmax526 on :
5 million buy from earlier in the day just posted on the L2..bought at .033..
Posted by Egg Inspector on :
one of the weirdest things. more rumors of the Gates foundation/NICOSAN tie-in keep coming my way, so I go searching again. I come across what looks like a great African Health and Medical information source. the website is Dateline Health Africa. link;
so.......... I'm searching for NICOSAN, Xechem, Gates Foundation etc..etc.. and up pops 3 new articles on NICOSAN I have never seen before:
-DLHA - Nigeria : 'Over 25 per cent Nigerians sickle cell carrier’, 22 July 2005
-DLHA - Nigeria : …As pharmaceutical companies risk sanction over GMP, 13 July 2005
-DLHA - Nigeria : Nicosan offers relief from sickle cell disorder, 5 July 2005
I click on them of course and I get this:
*You have accessed a paid member service...Do you wish to continue?*
so, why would a news story be on a members only site in Africa? and how many more stories, PR's etc.. are locked behind 'closed to the public' sites??
just a thought
Posted by imapoorcollegestudent on :
yeah I did the same search because you did. sooo Imapoorcollegestudent sooo does anyone want to buy a membership to the website or something because I did a search on nicosan and gates, etc. and news was popping up. The gates foundation sure does seem to be involved in philathropy quite extensively down there. could be some awsome DD... any takers???
Posted by imapoorcollegestudent on :
quote:Originally posted by imapoorcollegestudent: yeah I did the same search because you did. sooo Imapoorcollegestudent sooo does anyone want to buy a membership to the website or something because I did a search on nicosan and gates, etc. and news was popping up. The gates foundation sure does seem to be involved in philathropy quite extensively down there. could be some awsome DD... any takers???
I am considering it. I got to go home right now. I will go over it tonight student.
Good Night, Good luck, and Good news tomorrow
Posted by Egg Inspector on :
quote:Originally posted by imapoorcollegestudent: yeah I did the same search because you did. sooo Imapoorcollegestudent sooo does anyone want to buy a membership to the website or something because I did a search on nicosan and gates, etc. and news was popping up. The gates foundation sure does seem to be involved in philathropy quite extensively down there. could be some awsome DD... any takers???
I am considering it. I got to go home right now. I will go over it tonight student.
Good Night, Good luck, and Good news tomorrow
Posted by madmax526 on :
that sounds great Egg....howw much is the membership fee?
Posted by cactus33 on :
wow, gates fund help would be huge
Posted by cactus33 on :
this stuff really works.. to remind everyone. I really think this is the real deal, not trying to pump..
Oct. 25, 2005 — The European Medicine Evaluation Agency has approved orphan drug status for the phytomedicine niprisan in the treatment of sickle cell disease
Orphan Drug Niprisan (Nicosan/Hemoxin) for Sickle Cell Disease in EU
On Oct. 4, the European Medicine Evaluation Agency (EMEA) approved orphan drug status for the phytomedicine niprisan (Nicosan/Hemoxin, made by Xechem International, Inc.) for the treatment of sickle cell disease (SCD).
Niprisan is an ethanol/water extract of Piper guineenses seeds, Pterocapus osum stem, Eugenia caryophyllum fruit, and Sorghum bicolor leaves.
The approval was based in part on data from a phase 2b, placebo-controlled, double-blind crossover study in 82 Nigerian patients. The data showed that treatment with niprisan significantly reduced the frequency of SCD crises associated with severe pain during a six-month period Moreover, 73% of patients achieved complete remission.
Niprisan did not appear to cause acute hepatic toxicity, as assessed by liver enzyme activity; evaluation of serum creatinine and blood urea nitrogen levels suggested that renal function also remained normal. No serious adverse events were reported.
Niprisan (Hemoxin) was previously granted orphan drug status for this indication by the U.S. Food and Drug Administration in August 2003.
Posted by dollar13 on :
after hours some one bought 5,000,000 shares woooooooooow
Posted by madmax526 on :
dollar13, from what I've heard from many people...those are settlement trades that supposedly get lost in the shuffle during the day...funny thing is that they are usually huge trades...Most people have told me that the MM's really hold them back to keep the momentum in their favor....but this trade was on the way up at .033, so it didn't work out too good for them....maybe if people would have seen that the buying pressure would have kept up and we could have held above .036....nice day anyway...good to see some green in my account again.
[ August 01, 2006, 19:42: Message edited by: madmax526 ]
Posted by dollar13 on :
i agree MAD. buying pressure with out pr it's a good sing in XKEM.
A pr will take it at the 0.1 levels again with no effort...
go XKEM ....NEW HIGHS TOMORROW I BET.
Posted by madmax526 on :
I hope so...cause I'm still sick that I left so much profit on the table when we hit the .11's..I keep trying to forget about, but it's not very easy...
Posted by bond006 on :
I guess the ********* won't be pumping much in the future
Posted: Tue Aug 01, 2006 6:34 pm Post subject: it won't be ********* giving us a bost
. ummm... folks, it won't be ********* giving us a bost anytime soon... lol
Washington, D.C., August 1, 2006 — The Securities and Exchange Commission today announced the filing of civil securities fraud charges against the operator of an Internet website who made more than $2.7 million in profits by secretly selling the stocks he recommended as “mega bonus buys” on his site, www.the*********.com (the ********* website).
the article is about the stock ster
Posted by dollar13 on :
thank bonb good info for the newbies .
it's a good thing than XKEM haven't been pumped by s t o c k e r . c o m
Posted by dollar13 on :
CHART READERS...
XKEM (buy confirm according to AMERICAN B U L L S . COM)
Posted by money 76 on :
we might see pr tomm.
huge buys end of the day.
this stock should run tommm..........
glta.
my predictions stock to reach 0.25 soon.
Posted by cactus33 on :
I dont wanna jinx, but I have had a really good feeling about this stock since yesterday. Feels like its trading again like when it had its run from .01 to .11 call it a hunch..
I dont think its a stretch to think that xkem could possibly get some help from gates fund. That trust fund is flush with cash after warren buffetts massive donation. the disease affects all of africa, and the only thing holding it back is getting the production facility built. the only way this stock goes under is from horrible mismanagement. Otherwise this is primed to go to at least .30 range imo
I'll put my neck out there, this should take off very soon. jmho
Posted by Ztiger on :
it would be nice to stay green. I am holding until I see .25 or higher. No panic sell's,
Posted by cactus33 on :
talk about panic, lol
Posted by phone_man on :
Post from IHUB on someone who talked to Steve Burg this morning.
Posted by: janniebgood In reply to: scarecrow173 who wrote msg# 31851 Date:8/2/2006 11:01:02 AM Post #of 31886
Scarecrow, since you're one of our biggest detractors, I'd like to give you the encouraging information I just received moments ago from Steve Burg, PR for Xechem, who told me that he will be soon releasing estimated production and sales information, and that sales have commenced.
The current Xechem facility in Abuja consists of a 20,000 sq ft laboratory with great equipment, a huge tilt-up warehouse and grinding facility, located at Xechem Park * SHESTCO facility. As for commencement of the new facility, they had begun moving dirt in prep for foundation when he was there for the ceremony. The foundation is now in process. There are currently 46 or 47 people working in production of Nicosan at the present facility.
The operation began in 2001 in a "little bitty room" at the NIPRD facility, where Xechem began researching the merits of getting involved in this drug. When it was decided that they had the ability to scale up from the test tube stage, NIPRD provided a larger room at NIPRD where they built up a small scale pilot project over there to confirm that it would survive beyond test tube stage, and it took about a year to get to that point, testing patients in the meanwhile. In 2002 Xechem negotiated an agreement with SHEDA, a national science technology agency of the government, and they leased 9 acres of ground and one approx 20K sq ft building and created XECHEM Park, inside SHESTCO. Xechem facility is in a 4000 acre science park. Xechem took over an unfinished building and built it out, then shipped in a massive amount of equipment. Said they have the "best equipped lab in the country". In addition, they have the only NMR (nuclear magnetic resonance) equipment in Nigeria, which is used to visualize the molecular-sized breakdown of compounds, used as part of the quality control/assurance process. They have HPLC labs and complete GMP approved lab over there, with the intention of "going the extra mile." He went on to tell me that they didn't have to build that complex, but wanted to make finished product for packaging, so they could ship approved API to the United States to begin US to begin clinical trials over here when the time comes.
Phase III trials have not yet begun as they have not yet filed their IND with the FDA, which is a very expensive process. They do anticipate making application this year and possible release of the drug in US in maybe 3-4 years. Nicosan has been granted orphan drug status in both US and the European Union (which I believe he says consists of 13 countries).
They will have the capability of increasing production in a minimum of six months. They need some sophisticated equipment, including dryers, which he says take longer to take than the building process.
As far as political unrest, Abuja is the capital of Nigeria, built in 1979 when the government was given a treaty from British rule, as a compromise. Majority of political unrest and instability is centered around Lagos, the area where oil production is located, and where a few people keep most of the money from the oil business, which causes unrest. This does not affect the Abuja area, which is a new, rather sophisticated city in Nigeria. Steve told me that Abuja is the fastest growing city in world and there is an abundance of construction, road projects, cranes and new buildings.
I hope this information serves to dispell any misgivings about the current facility and the effect any political unrest may have upon our business.
Keep the faith, longs. Steve was very forthcoming and appreciates our concerns. Sorry for the length of this post but I felt all this information is relevant to each of us.
Jannie
Posted by bond006 on :
Good post phone man
I like the way this has been trading the last few days like a real stock
I think mm's have filled there gaps and Chassman is done
We are in a slow steady up trend on low volume and that is good wait for news and away we go
Posted by madmax526 on :
Guys, BigDaddy just posted some good information on IHUB about a conversation he had with Steve Burg in the last hour...I know many people are sceptical of BigD, but he has provided some great information to many longs since the beginning of the XKEM hype...For those interested here is a copy of it..For those who do not like BigD, don't take it out on me...I'm just relaying the information for those who care to see it...Also someone else that spoke with Burg earlier in the day gave a very similar account:
Posted by: bigdaddyc25 In reply to: None Date:8/2/2006 4:54:26 PM Post #of 32067
Hey guys, just got off the phone with Burg. I did not want to post this stuff anymore, but I feel people realy need to calm down and hold on. The MM's are manipulating right now and taking shares from good people. We shoudl never have hit $0.115, that fast, but we also don't belong down here. I think $0.065's is a decent range with a $100M cap.
Very nice conversation. He confimed 2 things. The first is that revenue estimates for the balance of this year will be out VERY soon. We will get a PR on revenues in the next few days - could be tomorrow.
Also, I spent about 1/2 hour talking about the financing. He kept refering to it as non-dilutive financing and not the UPS loan. I believe based on several conversation with him, that they are also entertaining other offers for financing. They have held up the UPS loan as they look at alternatives. Opportunities are openning up now that they have revenues and cash flows. He is certain that non-dilutive debt will be in place in teh very short-term.
He confimred that they have REVENUES, CASH FLOWS, & DISTRIBUTION right now. They will give us numbers on these very soon.
Follwoing the conversation, I believe we will get 2 PR's in the next 10 days. The first will be revenue estimates, and the second will be finanicng. Mark these words, and hold me to them folks. I am fricken pumped. Lets see what the market thinks of revenue estimates, then new ones after financing.
Lets rock baby. BigD
Posted by bond006 on :
Message alexng06
Joined: 14 Jun 2006 Posts: 100
Posted: Wed Aug 02, 2006 5:44 pm Post subject: New factory clarification and UPS loan
I just talked with Xechem HQ an hour ago as I have a pending issue on the production factory. We know that the pilot plant can produce limited amounts, and the new facility will produce for the full demand within 9 months as stated in the last PR. So I think many people believe that they can only produce for the full demand in 9 months. It's a mistunderstanding, I report that to Howard and he tells me that they can increase linearly the production with the advancements of the buildout as new equipments are added into the new facility. It means that the revenue will increase with the production and reaching the full demand within 9 months, it's a big difference in term of timing for the investments of the shareholders. He also says that the UPS loan is a priority for the company, and it is very attractive and non-dilutive, and will give a boost to the company in expansion. glta
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stevo Site Admin
Joined: 13 Jun 2006 Posts: 274 Location: Orlando, Florida Posted: Wed Aug 02, 2006 5:48 pm Post subject:
just forget, Howard notices that and agrees with me, he will address it publicly with clarification on the new production facility for the shareholders.
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Posted by bond006 on :
Titan View Public Profile Send a private message to Titan Find More Posts by Titan Add Titan to Your Buddy List
Today, 10:16 AM #4680 drifterfcrc HSM Enthusiast
Join Date: Dec 2005 Posts: 554 From the IHUB board!!!!
INFORMATION FROM STEVE BURG ON 8/2:
Scarecrow, since you're one of our biggest detractors, I'd like to give you the encouraging information I just received moments ago from Steve Burg, PR for Xechem, who told me that he will be soon releasing estimated production and sales information, and that sales have commenced.
The current Xechem facility in Abuja consists of a 20,000 sq ft laboratory with great equipment, a huge tilt-up warehouse and grinding facility, located at Xechem Park * SHESTCO facility. As for commencement of the new facility, they had begun moving dirt in prep for foundation when he was there for the ceremony. The foundation is now in process. There are currently 46 or 47 people working in production of Nicosan at the present facility.
The operation began in 2001 in a "little bitty room" at the NIPRD facility, where Xechem began researching the merits of getting involved in this drug. When it was decided that they had the ability to scale up from the test tube stage, NIPRD provided a larger room at NIPRD where they built up a small scale pilot project over there to confirm that it would survive beyond test tube stage, and it took about a year to get to that point, testing patients in the meanwhile. In 2002 Xechem negotiated an agreement with SHEDA, a national science technology agency of the government, and they leased 9 acres of ground and one approx 20K sq ft building and created XECHEM Park, inside SHESTCO. Xechem facility is in a 4000 acre science park. Xechem took over an unfinished building and built it out, then shipped in a massive amount of equipment. Said they have the "best equipped lab in the country". In addition, they have the only NMR (nuclear magnetic resonance) equipment in Nigeria, which is used to visualize the molecular-sized breakdown of compounds, used as part of the quality control/assurance process. They have HPLC labs and complete GMP approved lab over there, with the intention of "going the extra mile." He went on to tell me that they didn't have to build that complex, but wanted to make finished product for packaging, so they could ship approved API to the United States to begin clinical trials over here when the time comes.
Phase III trials have not yet begun as they have not yet filed their IND with the FDA, which is a very expensive process. They do anticipate making application this year and possible release of the drug in US in maybe 3-4 years. Nicosan has been granted orphan drug status in both US and the European Union (which I believe he says consists of 13 countries).
They will have the capability of increasing production in a minimum of six months. They need some sophisticated equipment, including dryers, which he says take longer to get than the building process.
As far as political unrest, Abuja is the capital of Nigeria, built in 1979 when the government was given a treaty from British rule, as a compromise. Majority of political unrest and instability is centered around Lagos, the area where oil production is located, approx 800 miles from Abuja, and where a few people keep most of the money from the oil business, which causes unrest. This does not affect the Abuja area, which is a new, rather sophisticated city in Nigeria. Steve told me that Abuja is the fastest growing city in world and there is an abundance of construction, road projects, cranes and new buildings.
I hope this information serves to dispell any misgivings about the current facility and the effect any political unrest may have upon our business.
Keep the faith, longs. Steve was very forthcoming and appreciates our concerns. Sorry for the length of this post but I felt all this information is relevant to each of us.
Jannie
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Posted by dollar13 on :
after hours last 3 trades almost 11,000,000 shares .
Posted by dollar13 on :
those 11,000,000 shares after hours were buys right??
Posted by cactus33 on :
I still have a good feeling here. still holding
Posted by dollar13 on :
i hope STEVE launch a PR Tomorrow .
I STILL HOLDING.
Posted by bond006 on :
I AM STILL IN GUYS AND STILL KICKING MY SELF EVRY TIME I THINK OF .11
Posted by bond006 on :
Posted by: MrSparks In reply to: MrSparks who wrote msg# 32093 Date:8/2/2006 7:41:27 PM Post #of 32125
Boy I love this site http://www.shestco.org !!!!! Taking a finer look at the pdf, I found this... I havent caught a post with the definition or meaning of orphan drug.. might have overlooked it but regardless.. PAY ATTENTION TO WHAT XKEM CAN GET WITH THIS STATUS!!!!!!!!! done in 2003, and 7 yrs EXCLUSIVE in the united states after FDA approval? No brainer
to quote
"Through the instrumentality of Dr. Pandey, and based on the background of work done at the Children’s Hospital, Philadelphia (CHOP) and other published literature in various indexed journals, on August 15th, 2003, NICOSAN™ (NIPRISAN) was granted an Orphan Drug status by the Food and Drug Administration of the United States of America (US-FDA). The Orphan Drug designation, entitles a company to various incentives including the waiver of Regulatory filing fees, access to potential funding for non- clinical and clinical research to generate required data for marketing approval, and seven years of marketing exclusivity once approved by the FDA."
I was a lil sad buying in at .09 but after the buys I have made since then and where we are at now with these prices.... I think I can safely go ALL IN on this one... To me it makes sense. You do what your research has lead you to do.. This is my opinion and what (I) plan to do.
Happy trading!!!!
MrSparks
Posted by bond006 on :
The whole ball of wax about Orphan Status from the FDA:
It should be back to those levels bond. be patient. we need oprah here !!!!!!
Posted by bond006 on :
You got that right we need oprah and anybody eles that is concerned and has a heart.
I must have emailed oprah at least 15 times but I don't think thoes pictures ever get to oprah
Posted by bond006 on :
I even email jessie jackson and he never replied
Posted by cactus33 on :
quote:Originally posted by bond006: I even email jessie jackson and he never replied
d
lol...
that may be bad publicity, we need oprah money. todays trading didnt make sense. I like the late buying, just panicked investors selling at every run until we get stable news.
Posted by cactus33 on :
I think people went hurricane chasing with xkem money
Posted by Redwinger on :
I think about that .11 every once in a while too But a lesson learned. Being a newb to pennies, it was a great learning experience.
Red
Posted by dollar13 on :
quote:Originally posted by cactus33: I think people went hurricane chasing with xkem money
they going to be chasing this one again. I bet ya ...LOL
Posted by dollar13 on :
XKEM is holding at the 0.03's since last friday
I don't think we have short positions at the time.
SEEM TO ME LIKE 0.03 is the low we are going to see ...
Posted by BooDog on :
Just my guess... you will see very large share buys (3M+) here and there on many stocks. Don't confuse these with institutional buys or long investors. IMO you will see them bail almost as soon as they get in.
Posted by Bearclaw on :
Redwinger... It went to .11 after a pretty good PR...Most folks that day were saying that .09-.10 was a good entry after that PR...Don't beat yourself up over that entry...Just make sure you have the right trading tools and understand exit strategy also...WE all have gotten in at close to a high thinking the run would keep going after a PR...Part of the tuition in Pennyland...Hang in there and buy low and sell high...GLTA
quote:Originally posted by Redwinger: I think about that .11 every once in a while too But a lesson learned. Being a newb to pennies, it was a great learning experience.
Red
Posted by BooDog on :
quote:Originally posted by Bearclaw: Redwinger... It went to .11 after a pretty good PR...Most folks that day were saying that .09-.10 was a good entry after that PR...Don't beat yourself up over that entry...Just make sure you have the right trading tools and understand exit strategy also...WE all have gotten in at close to a high thinking the run would keep going after a PR...Part of the tuition in Pennyland...Hang in there and buy low and sell high...GLTA
quote:Originally posted by Redwinger: I think about that .11 every once in a while too But a lesson learned. Being a newb to pennies, it was a great learning experience.
Red
And the averaging to get out without a loss or minimal loss is a real fun ride too!
Posted by dollar13 on :
hooo now maybe we do have short s ....
Posted by dollar13 on :
i think the bulls going to beat the bears . LOL
Posted by dollar13 on :
quote:Originally posted by dollar13: i think the bulls going to beat the bears . LOL
my bad i don't think , I AM SURE
Posted by dollar13 on :
quote:Originally posted by dollar13: XKEM is holding at the 0.03's since last friday
I don't think we have short positions at the time.
SEEM TO ME LIKE 0.03 is the low we are going to see ...
SHORT seller expecting 0.0001 LOL
YOU CHOOSE THE WRONG STOCK GUYS
Posted by dollar13 on :
When you see some one posting.
REGULARLY = LONG IN THE STOCK
ONE TIME EVERY 3 OR 4 OR 5 OR 6 0R 7 OR NONE = SHORT SELLERS
"INFO FOR NEWBIES"
Posted by cactus33 on :
i wouldnt go that far dollar.
Posted by madmax526 on :
Interesting little tidbit...
Tools & Tactics For The MASTER DAYTRADER by Oliver Velez and Greg Capra The Bandwagon Theory: A Glimpse At How The Market Really Works
(exerpt from the above)
Imagine a bandwagon that is rolling forward at a quickened pace. Music that is very pleasing to the ear is being played from speakers from each side of this bandwagon, and a few people on the back of the wagon are partying, having the time of their lives.
The music, loud and clear, starts to attract many other onlookers that happen to be idly standing on the sidelines. These onlookers, unable to resist the sweet sounds being played, run to join the party that seems to be going on.
Progressively, more and more onlookers jump on the back of this bandwagon, and those few who were enjoying the first phase of the party begin to leave.
As the crowd of the new party animals on this bandwagon grows larger, the bandwagon finds it harder and harder to move forward at the same pace. It slows, enabling more and more late onlookers, witnessing the great fun, the chance to jump on.
The crowd grows even larger. Larger and larger the crowd grows, until the bandwagon, heavily laden with bodies of drunken party animals, can no longer move forward.
It finally comes to a complete stop.
Now that the bandwagon is at a complete standstill, more people jump on. And why not? At this point, joining the party is easy. Absolutely no work is required, for individuals wanting to join the crowd no longer have to run to jump on board.
But the nature of the bandwagon is to move forward. It's motionless state is unnatural, and therefore cannot last. It tries to move forward but can't.
The crowd piled on back is too large. It must free itself of the heavy burden. And it does.
It quickly shifts itself into reverse, and jolts backwards, knocking a few of the party animals off the back.
The music stops.
Puzzled faces from the crowd begin to emerge. Before anyone figures out what's going on, another backwards jerk takes place, only this one is move violent. Another large group of people get thrown off the back.
Now reality sets in.
The FUN has turned into a NIGHTMARE of EPIC proportions, and panic begins to run rampant. Some decide to jump off to their deaths. Another thrust backwards sends an even larger group of drunken, offbalance people, hurling to the muddy ground.
It doesn't stop.
The jolts backward continue, each successive one more violent than the last. At this point, only a few die-hard dwellers are holding on, their very lives hanging in the balance by a very thin thread.
Failing to be completely free, the bandwagon angrily puts the pedal to the metal, and this final thrust backward is so vicious that it's front wheels lift high off the ground, momentarily suspending the wagon in a perpendicular position.
The last of the hangers-on crash to the ground, broken and maimed to no end.
At this point, a new group of onlookers emerge from the nearby woods. They are clean and serene. Each move they make is deliberate and powerfully energetic, for they did not take part in the tragedy that just transpired. Or did they?
A few of the dejected souls lying on the ground take a closer look, a look that reveals something very interesting.
This seemingly new group is not new at all. It is the same group that was seen quietly exiting the party before it came to it's violent end.
An even closer examination by a few more beaten-down onlookers reveals something even more stunning.
This group not only exited the party early, they were the originators of it!
"My God," someone exclaims. Paralyzed, and unable to move freely, all these dejected souls can do is watch, as the masters of the game go back to work, again
No sooner does this bandwagon's wheels hit the ground, than this professional platoon bolts for the wagon. In a flash they are onboard. Easy
The bandwagon, now free of the larger crowd, can move forward freely and gracefully, comfortably carrying the more astute group with it.
It's pace quickens, and before long a smooth elegant stride is in place. After a few more miles of uninterrupted movement, someone from the masterful group flips on a switch, and suddenly the loud sound of entertaining music starts up again.
Someone yells, "OK everyone. Here they come. Let's do it again."
Within moments, those who were the former victims of the backward crash become interested again. The music almost calling them from the grave.
And once more the never ending cycle repeats.
Posted by dollar13 on :
quote:Originally posted by cactus33: i wouldnt go that far dollar.
The reason i am saying this is because i know the ones than post often i am not saying no names ok
Posted by dollar13 on :
i mean if i own XKEM waiting to go "UP" i will try to post and give some info than i can find like BOND i know he is a true long .
LIKE ME
not only show up one time every week... i am sorry if i have ofend some one
Posted by BooDog on :
you got me dollar, I've flipped this a few times since "The Great Fall" lol. Keeping it on radar for the most part now.
Posted by cactus33 on :
anybody know how this did in berlin?
Posted by madmax526 on :
it's .023 in frankfurt which I heard is more important than the Berlin market...
Posted by madmax526 on :
For anyone that can translate this please help us out:
Latin-American countries are waking up finally!
Big article on Nicosan published today in the Dominican Republic -which happens to have one of the highest prevalence of SCD in Latin-America-
nice find madmax, looking strong this morning !
Posted by cactus33 on :
just read it all, this is gonna be huge ! worldwide...
Posted by bond006 on :
If you notice many places are giving this treatment news and exposer. Very limited in the U.S.A. for some reason
Posted by madmax526 on :
definitely a great article...the real thanks should go to Darksmuggler on IHUB...he's been gathering all of the information for a month to send to that newspaper so that they could do the article...the word is getting out....great action right now guys...
Posted by bond006 on :
Posted by: The Real Titan In reply to: None Date:8/3/2006 1:42:20 PM Post #of 32354
BREAKING NEWS... I just got off the phone with Mr. Burg and although he couldn't come out and say it, he said we could expect the initial sales and production releases very soon. When I asked if he meant next week, he said he wasn't able to speak on specifics, but if everything went according to plan, it would probably be seen before that.
So, either this afternoon or at tomorrows open I'd suspect....Good Luck to All!!!
Posted by Redwinger on :
That'd be nice bond...
Red
Posted by money 76 on :
xkem looks gr8 for next week imo
stock holding over 0.03 good signals
should go back to 0.11 in a couple of weeks.
Posted by cactus33 on :
yep, I agree. its all about scarce resources. this has the treatment to a disease that no one else can combat. this will slowly get more and more incredible press imo
Posted by money 76 on :
everyone on the hub is expecting a pr early morning
a good revenue pr is expected ...............
glta
Posted by cactus33 on :
sounds good, way undervalued right now
Posted by money 76 on :
quote:Originally posted by Egg Inspector: one of the weirdest things. more rumors of the Gates foundation/NICOSAN tie-in keep coming my way, so I go searching again. I come across what looks like a great African Health and Medical information source. the website is Dateline Health Africa. link;
so.......... I'm searching for NICOSAN, Xechem, Gates Foundation etc..etc.. and up pops 3 new articles on NICOSAN I have never seen before:
-DLHA - Nigeria : 'Over 25 per cent Nigerians sickle cell carrier’, 22 July 2005
-DLHA - Nigeria : …As pharmaceutical companies risk sanction over GMP, 13 July 2005
-DLHA - Nigeria : Nicosan offers relief from sickle cell disorder, 5 July 2005
I click on them of course and I get this:
*You have accessed a paid member service...Do you wish to continue?*
so, why would a news story be on a members only site in Africa? and how many more stories, PR's etc.. are locked behind 'closed to the public' sites??
just a thought
did anyone of u went to that site and checked .
i think there is something in there for sure. anyone checked
Posted by Biotechnical on :
0.03 $ good re entry point !!!!!
Posted by cactus33 on :
they sure are a worked up bunch at hub huh? lol relax out there.. hahha
allstocks much more relaxing, lol
Posted by cactus33 on :
bio... agreed....
this is ALL GOOD, soon to be exposed by all imo, nothing but incredible pr's to come. patience....
they'll learn. soon to be worldwide imo
Posted by BooDog on :
Patience and no hype. If this is as legit as some say it will reveal itself with more than just a PR.
Posted by bond006 on :
Good morning everybody,
I myself think the Pr will be next week but I could be wrong it would be nice today but I think Steve will wait until next week. The only reason I said this is because he said to several members the same message maybe this week if all goes well.
Posted by bond006 on :
Posted by: faithcounts In reply to: None Date:8/4/2006 11:53:32 AM Post #of 32796
STEVE BURG SAID THEY DO HAVE REVENUES TO REPORT>>>>I talked to steve burg yesterday, he called me back at around 3:00 pacific standard time,(i'm in california) I've posted before about talking to people from the company, the secretary, who is indian, you can check past posts if you dont believe me. Anyway he said he CAN CONFIRM an institutional buy, he did not know the exact details, but he said for sure he can confirm it. He said they are running a pilot plant right now and are selling everything they make but are far from being near capacity. HE said they know that whatever they produce they can sell that is why they are working very hard to get the facility done as fast as possible. He stated that XKEM does have revenues and sales to report, and he was just waititn go figure out how much they are producing at this limited capacity and how much they estimate they will be producing with new facility...he said very very soon he will send out pr. He said they are looking into non dilutive funding. I asked if they would be interested in more private investors, he said that given that they do not want to dilute they would consider investors with a minimum 2-3 million investment and the share discount would be a maximum of 25%. He also said that they he would be reporting to us very very soon...then he laughed cause i asked for a time frame and he said, just know its sooner then expected. He's a very honest guy and anyone can call and ask these questions. He also said that the terms in regards to any shares that they would sell for funding would have to be very tight and may include restrictions so that they could not be dumped into the market.
When i talked about the pps, he said if you believe in us, trust me, in time it will adjust itself, "we are way undervalued".
Posted by bond006 on :
not bad for a friday .32 green nite came in at the end of the day to give our eod ass kicking that we have got use to but it did not work some time next week we start our run IMHO glta
Posted by cactus33 on :
im still thinking that this drug is a total winner in every regard, one day at a time..
Posted by dollar13 on :
i remember than this stock was trading like this before. And then we hit 0.1's
i can't wait to see what is going to happen next week.
Posted by cactus33 on :
yep, lol.............
just emailed oprah, and the view, and fox news.. this deserves respect.
Posted by money 76 on :
i hope this is not another nigerian scam........
the only thing disturbs me is that after such a discovery stock isnt doin much.
something very fishy. i smell something bad here lets see what happens next week.
Posted by cactus33 on :
money, look at the results from the prior trials, it works..
Posted by Bearclaw on :
Money...
You may need to think about doing some significant DD if your going to invest in this... If you hold that question then you don't have the information you need...Good Luck
quote:Originally posted by money 76: i hope this is not another nigerian scam........
the only thing disturbs me is that after such a discovery stock isnt doin much.
something very fishy. i smell something bad here lets see what happens next week.
Posted by UVCLRules on :
Got a really good feeling about this week, wonder how high it will go, back to .06-.07 IMO
Posted by DEAN_Stock on :
Posted by cactus33 on :
If they can show that the product is flying off the shelf, and have revs, then people with deep pockets will want in on this to invest. just like any drug that people need. The process to build the plants and get fda approval will only speed up.
Posted by J_U_ICE on :
By: hardknock 8/4/2006 1:58:39 PM
I talked to Steve Burg Look XKEM Must Read
STEVE BURG SAID THEY DO HAVE REVENUES TO REPORT>>>>I talked to steve burg yesterday, he called me back at around 3:00 pacific standard time,(i'm in california) I've posted before about talking to people from the company, the secretary, who is indian, you can check past posts if you dont believe me. Anyway he said he CAN CONFIRM an institutional buy, he did not know the exact details, but he said for sure he can confirm it. He said they are running a pilot plant right now and are selling everything they make but are far from being near capacity. HE said they know that whatever they produce they can sell that is why they are working very hard to get the facility done as fast as possible. He stated that XKEM does have revenues and sales to report, and he was just waititn go figure out how much they are producing at this limited capacity and how much they estimate they will be producing with new facility...he said very very soon he will send out pr. He said they are looking into non dilutive funding. I asked if they would be interested in more private investors, he said that given that they do not want to dilute they would consider investors with a minimum 2-3 million investment and the share discount would be a maximum of 25%. He also said that they he would be reporting to us very very soon...then he laughed cause i asked for a time frame and he said, just know its sooner then expected. He's a very honest guy and anyone can call and ask these questions. He also said that the terms in regards to any shares that they would sell for funding would have to be very tight and may include restrictions so that they could not be dumped into the market.
When i talked about the pps, he said if you believe in us, trust me, in time it will adjust itself, "we are way undervalued
Posted by BooDog on :
Maybe they're trying to pay off some debt or buy back some shares before they go totally public?
Posted by cactus33 on :
once the freaks are shaken from this it goes up.. good news that this thread has settled down. big things to come
Posted by cactus33 on :
quote:Originally posted by J_U_ICE: By: hardknock 8/4/2006 1:58:39 PM
I talked to Steve Burg Look XKEM Must Read
STEVE BURG SAID THEY DO HAVE REVENUES TO REPORT>>>>I talked to steve burg yesterday, he called me back at around 3:00 pacific standard time,(i'm in california) I've posted before about talking to people from the company, the secretary, who is indian, you can check past posts if you dont believe me. Anyway he said he CAN CONFIRM an institutional buy, he did not know the exact details, but he said for sure he can confirm it. He said they are running a pilot plant right now and are selling everything they make but are far from being near capacity. HE said they know that whatever they produce they can sell that is why they are working very hard to get the facility done as fast as possible. He stated that XKEM does have revenues and sales to report, and he was just waititn go figure out how much they are producing at this limited capacity and how much they estimate they will be producing with new facility...he said very very soon he will send out pr. He said they are looking into non dilutive funding. I asked if they would be interested in more private investors, he said that given that they do not want to dilute they would consider investors with a minimum 2-3 million investment and the share discount would be a maximum of 25%. He also said that they he would be reporting to us very very soon...then he laughed cause i asked for a time frame and he said, just know its sooner then expected. He's a very honest guy and anyone can call and ask these questions. He also said that the terms in regards to any shares that they would sell for funding would have to be very tight and may include restrictions so that they could not be dumped into the market.
When i talked about the pps, he said if you believe in us, trust me, in time it will adjust itself, "we are way undervalued
thanks juice... !
Posted by bond006 on :
This is a great news article from the Nigerian Tribune. A must read
Features Nigeria’s steady progress towards technological development
Nigeria’s steady progress towards technological development By Foluso Akinwumi
• Prof. Turner Isoun, Minister of Science and Technology Thursday, 6 July, 2006 will, definitely, remain indelible when history of technological achievement in Nigeria is documented. On that day, President Olusegun Obasanjo launched the Computer for All Initiative, (CANI) which will give more access to Nigerians to own computers in this age of information technology, and also commissioned the Gamma Irradiation Facility (GIF) as well as launched NICOSAN; a drug used for the management of sickle cell disorder. The last two projects have their respective plants at the Sheda Science and Technology Complex (SHESTCO), a parastatal under the Federal Ministry of Science and Technology. The Gamma Irradiation Facility is for the preservation, long shelf-life and judicious management of perishable foods and agricultural products while the NICOSAN is for the management of the sickle cell disease.
An important benefit of these recent developments is the economic undertones they have. These are in the areas of employment, economic empowerment, poverty eradication etc. Undoubtedly, the launch of the NICOSAN drug is a demonstration of Nigeria’s resolve to speak in the most pragmatic term at the international level. The launch of the drug and its acceptance in America where it has been granted the status of “orphan drug” is a testimony that something good can come out of Nigeria considering the past when Nigeria used to be the home of fake drugs.
It is a known fact that about 17 million people all over the world are suffering from this disease, and among these people are 4 million Nigerians. Therefore, the launch of NICOSAN will help these 17 million sickle cell patients in the world to manage the disease without any crisis as has been attested to by some of the patients who have been on the drug for over a year.
The launch of NICOSAN on Thursday, July 6, 2006 by President Obasanjo has changed the story of sickle cell patients. With NICOSAN, the history of the disease will turn around for the better, bringing with it a change in the dramatic and unpleasant experience which sufferers go through all their lives. As a potent management drug for the treatment of SCD, NICOSAN has been described by experts as the ‘defeat of sickle cell disease’. The knowledge and expertise of this drug are all indigenous which makes it a major breakthrough and a plus for the Ministry of Science and Technology. President Obasanjo described the drug as a gift from Nigeria to the black race. Government in partnering with XECHEM, a private sector pharmaceutical company, will ensure that the NICOSAN drug is made available to all pharmaceutical stores in the next nine months. Meanwhile 30, 000 capsules have been produced in SHESTCO Abuja in XECHEM Laboratory to cater for the needs of those who are in need of the treatment, particularly those who have registered with XECHEM.
In the words of the Minister of Science and Technology, Professor Turner Isoun, “the story of NICOSAN is an interesting one. From an obscure practice by traditional herbal practitioners in the management of the disease, medical science has learnt only recently the potency of these extracts from different plants in use by our ancestors.” He went to state that patients on NICOSAN remain the most authentic testimony to its viability and efficacy in the management of the disease. Their continued living without crises since they began using the drug inspires great confidence. It should be noted that NICOSAN is the first drug to be developed out of indigenous knowledge and it has undergone rigorous laboratory research leading to patent award. It is also the first drug to be exported from Nigeria to other part of world. According to Dr. Ramesh Pandev, the Chairman of XECHEM, it is expected to earn the country about 150 million dollars per annum in foreign exchange earnings.
Again, the Gamma Irradiation Facility launched alongside NICOSAN by the President, has come as a great relief to Nigerians in various respects. Some of these are preservation of foods and agricultural products. These agricultural products include cereals, fruits, tubers, spices, as well as pest control. This is of great significance to the farmers who will no longer have to experience extreme losses of their farm produce. Before now it is on record that 55 per cent of farm products which would have been conserved are lost to pests, and other diseases, thereby incurring huge financial losses to farmers.
All these will come to an end with the birth of the GIF, particularly as the irradiation plant has the capacity to treat 20 metric tonnes of products daily. Nigerian farmers are now encouraged to massively increase the production of these farm products for both the domestic and international markets. The facility in question can be used also in the microbial decontamination of meat, pork, poultry, sea foods like shrimps, crabs which will enjoy market appreciation. Nigerians definitely will enjoy the benefit of eating meat that is free of contaminants and the likes that can engender diseases.
It must be pointed out here that irradiation treatment is competitive in the international market where Nigeria hopes to make a reasonable mark to earn foreign exchange. It is cheaper and more environmental- friendly. This is in addition to other advantages, such as savings from the use of chemical preservatives, improved wholesomeness of food and food products and safety of consumers. There is the overall demand at the standardized and competitive international market where Nigeria had always wanted her products to be patronized.
Healthcare benefits would also be derived through the treatment of radio-sterilization of medical devices such as hypodermic needles, syringes, surgical blades, etc. Industrial and home needs are also to benefit from the Gamma Irradiation Facility through packaging and improvement of mechanical, electrical and thermal properties of materials such as plastics. Among them are cable wires, plastic pipes for hot water in hotels and other household use. It is also very important to note that the gamma Irradiation Plant in SHESTCO is acknowledged to be among the best in Africa and, indeed, one of the best in the world in terms of its facilities.
The presence of Gamma Irradiation Facility at SHESTCO will open up a vista of investment opportunities in many sectors of the economy. Spin off industries are expected in agriculture and agro-allied sector, food processing, pharmaceutical, plastics, rubber and wood and furniture sectors, respectively, with high export potentials. The world is now a global village and the computer is the easiest way to access it. The computer for all Nigeria initiative is therefore a master stroke by this administration to the generality of Nigerians to own computers.
The President also launched the computer for all Nigerian’s initiative. Under this project, the hitherto existing gap in the field of Information Technology would be drastically reduced with the sale of affordable computers to more Nigerians to participate in the knowledge economy. The CANI personal computer packages will be available to employees at up to 30 per cent discount off current market price. Apart from the direct deduction from payroll, employers will be encouraged to subsidize the package cost by 20 per cent, thus bringing the total cost of the personal computer to 50 per cent off the market prices. The digital divide which has so polarized the world will be bridged by this initiative.
It should be stated here clearly that the Ministry of Science and Technology has been rejuvenated to its prime place in the nation’s development project. It is also worthy of note that this new dawn and experience has just begun, given the fact that the sector holds the key to accelerated growth that can affect all sectors. It is important that the Ministry does not relent, in its effort, which is to reach deep into the opportunities Science and Technology provide the country. According to Professor Isoun, the Ministry is now set to serve as the main driver in the next phase of NEEDS and the Nigerian economic transformation. This great achievement has helped Nigerian scientists to recover their self confidence.
Posted by cactus33 on :
great article.. from someone else..
He went to state that patients on NICOSAN remain the most authentic testimony to its viability and efficacy in the management of the disease. Their continued living without crises since they began using the drug inspires great confidence.
Hopefully, this will lead to expedited US approval, which will give even more credibility to our little GEM ;-)
Posted by cactus33 on :
this doesnt suck either.... great stuff.
"It is also the first drug to be exported from Nigeria to other part of world. According to Dr. Ramesh Pandev, the Chairman of XECHEM, it is expected to earn the country about 150 million dollars per annum in foreign exchange earning"
Posted by dollar13 on :
nice post BOND .
0.03's that is the bottom , this it will go only one way "up"..
next week
i still holding my bag haha..
Posted by dollar13 on :
tomorrow i am dumping my FHAL shares and put those 2k in XKEM .
it's my choice and nodoby can tell me what to do with my money any way i am sure some one going to get my shares of FHAL
Posted by dollar13 on :
see you tomorrow guys good luck...
Posted by madmax526 on :
this could be very good news for Xechem in the near future:
Xechem was not supposed to be the only one company with a potential treatment of that disease ???
Thanks in advance for your answers.
Posted by Leslie C on :
The PR released on Friday by ICGN concerning their clinical trials was preceived as negative by the shareholders. It dropped 73%. Mainly due to the independent monitors cutting back on the trials. From what I understand, cut backs are made when there are adverse effects by the drug. They are required by the Phase III to have a certain amount of trials before it can be approved. It cannot be a good sign.
As for Xechem being the only company to be currently working on treatments, this is false. I'm sure there are many other companies out there working on similar drugs. Xechem however is the only company with a sickle cell treatment that is non-toxic currently available to customers. It is only available in Nigeria.
Posted by Biotechnical on :
gap start sellers run
Posted by money 76 on :
hope we see some news today
Posted by CobyCo1 on :
Good morning money 76. Hopefully this will be a good week. Maybe we will get the good news today.
Posted by money 76 on :
hi guys no action today .
whats happening with this stock.
Posted by madmax526 on :
consolidation....with the right news we are primed for another great run imho...seems like the same pattern as when we were at .01 and you know where it went from there....
Posted by maxdog on :
I think so to Mad, we have a stong base here and with the product it has to run. One good PR and were off
Posted by madmax526 on :
exactly Maxdog...we're in good shape right now...I know those that got in high are still worried, but you'll be fine...those of us that have been in since the .01's haven't had to sweat it out as much, but it has hurt a lot to think back on the profits that could have been taken..IMO I do believe that the next leg up should be starting very shortly...conversion doesn't appear to be an issue anymore and we're holding a steady base here without much volume either...not many sellers left and new longs are coming into the picture...the next run should be a lot of fun..we should also hold higher levels after the next sell off as well...let's just hope that Chassman doesn't do as much conversion on the next run...I don't think she has too many shares left and might hold them for the long term for some real nice gains...
Posted by dollar13 on :
i bought some more today this is going only one way from here "up" , good luck guys Posted by cactus33 on :
charts looking better and better
Posted by cactus33 on :
everyone sell? lol
im looking for another green day
Posted by bond006 on :
no I am still here looking for some news
Posted by onecentlotto on :
I just got in.It looks good to me.
Posted by cactus33 on :
welcome lotto, morning bond.. still looks bullish
Posted by cactus33 on :
nasty little shake...
Posted by maxdog on :
I really believe in this stock so I am hanging on. However, I do hope Steve comes through with that PR this week or we will continue to feel the down trend.
Posted by money 76 on :
we might see one more run to 0.10s in the coming few weeks
it is consolidation time . the mms will make this run imo.
Posted by Absolut_Swing on :
Money, you are right. The MACD is moving back upwardss. This will start to go in a few days.
Posted by cactus33 on :
geesh, and people rant and rave about how hub is better. its like a freaking horror show over there. what a mess of investors. i know many of you post there. but that is a freak show. and not helping anything
Posted by bond006 on :
It is oversold and ready for a bounce with the right pr's I guess you would call it a run
Posted by cactus33 on :
its been oversold bond, have you seen the maniacs that bought into this heavy and atart panicking when a new mm enters the scene or someone farts and it drops. I dont know, I hate i hub lately. especially the thread over there. Im no penny genius, but, dang
Posted by cactus33 on :
yep, got pissed and got run from ihub again, oh well. drunk... gotta love allstocks..
Posted by cactus33 on :
Today a Black Spinning Top was formed. This represents complete indecision between the bulls and the bears.
usually means we go up... come on technicals, make everyone feel sorry for bailing this !
Posted by malchiang on :
Is this price of 3 cts good entry?
Posted by JohnDoe on :
quote:Originally posted by malchiang: Is this price of 3 cts good entry?
You better off sticking to your website 1000.00+ every month.lol...This Co has dilution written all over it,better DD on other stock, theirs are tons out there.
Posted by banah18 on :
READY ALL FOR A RIDE
Posted by maxdog on :
Has anyone heard when, at least approximately, a pr is suppose to come out?
Posted by cactus33 on :
whens financials coming? anyone know
Posted by bond006 on :
If this means anythig bigdaddy just got off the phone with steve
Posted by: bigdaddyc25 In reply to: None Date:8/9/2006 2:42:58 PM Post #of 34240
OK guys, I just spoke with Burg.
3 things to update:
1) PR on revenues - he is working on this RIGHT now. AS WE SPEAK. It is done, but he is waiting to confirm a couple of numbers. He will get this out ASAP. It shoudl have been out already.
2) Status of loan - they almost there. Analysis of options is complete, and paperwork is being put together.
3) 10Q will be filed on August 15 - possible 5 day extension to August 22. Will show the current O/S at around 1.4B. This means Chassman still has about 200M shares that can be converted, and she has not converted any the past 3 weeks. She is not dumping at this level.
All of this tells me that MM's are messing with this, and inpatinet retail money will be very sorry, and very soon.
Revenue and distribution PR coming first, then loan approval PR. I will hold my predictions for now.
later BigD
Posted by bond006 on :
4,877,537 last 10 minutes. Impressive.. also about 30 million for the day looks like our volume is coming back
Posted by cactus33 on :
thought i'd post this, this drug is for real. hopefully they can speed up the process and get the drug out.
we wont be at this level for too long... i still holding my bag this is better than ever now, something big is comming..
Posted by money 76 on :
today we should have a revenue pr .
Posted by BooDog on :
are the "gonna have a pr" days back again?
Posted by malchiang on :
Under 3 cts now, still good buy?
Posted by cactus33 on :
NICE !
Posted by onecentlotto on :
Looks like she's getting ready to run .Let it go
Posted by Redwinger on :
Please let her go a bit Posted by PaliMike on :
What a bargain!
Posted by bond006 on :
If we don't get a pr by tomarrow I am calling steve and asking is there any truth to big daddy's post.
I was going to call today but I saw his post and did not
Posted by money 76 on :
i am in doubts about this company. someone on this board said that he spoke to steve last week. and the pr should be out last week.
no pr forget last week no pr this week also.i doubt steve is speaking the truth .
if they have the loan approved whats stopping them. big scam i suppose . we might just see heavy selling if no pr by monday.
Posted by dollar13 on :
i don't think so MONEY76 ,you wont get a pr when someone said it.
we will see this PR soon.
a)hang in there ..
b)or do want you think is best for you.
Posted by dollar13 on :
the chart looks good to me ....
Posted by dollar13 on :
another MM join the gang L2:
mm CLYP is on the bid at 0.0282
mm CLYP is on the ask at 0.10
Posted by dollar13 on :
this MM CLYP , he was loading up the truck all day since 7:31 am
Posted by cactus33 on :
i hear ya, its something to watch sometime. i wish i was an mm.
Posted by cactus33 on :
although i hear that they are all miserable, surprise.. surprise..
and thats from a reputable source
Posted by PaliMike on :
Nice Close
Posted by bond006 on :
some thing is going to happen next weel IMHO. Financials are do out they might apply for a 5 day extention. Three people have talked to steve and one to howard the V/P capacity figures are going to be released shortly and a projection loan pr will be out. I my self feel no reason to call when three people did and all have the same report.I think next week we start to head nouth again glta
Posted by dollar13 on :
i agree BOND next week will be huge
i am watching my L2
Posted by dollar13 on :
quote:Originally posted by dollar13: another MM join the gang L2:
mm CLYP is on the bid at 0.0282
mm CLYP is on the ask at 0.10
TODAY mm "CLYP" changed his ASK at 0.25 in my L2
Posted by money 76 on :
no pr as of today . i think stock would turn negative from monday onwards.
all waited for 2 weeks stock will turn red the whole week imo
Posted by dollar13 on :
quote:Originally posted by money 76: no pr as of today . i think stock would turn negative from monday onwards.
all waited for 2 weeks stock will turn red the whole week imo
if you are thinking like that by this time , you probably got rid of your shares today?
Posted by money 76 on :
absolutely.
i think only me , dollar 13 and bond holding the bag . rest everyone has left this long back.
Posted by EasyMoney66 on :
i am still holding, will wait till the next pr's to see.
Posted by dollar13 on :
WRONG "money76"
there still longs in this i know a couple of them but it's ok if you panic sell your shares that happend to anyone.
Posted by Redwinger on :
I'm in for very long, on half of my shares (year plus). I'd like to sell the other half at about .09, no secrets here... just what I would like to see.
It may never happen, then that makes all my shares a long hold, until that day comes
Red
Posted by imapoorcollegestudent on :
I long also... the only way I'll pull out is if it's been a year and I'm in the red and could use a tax break LOL. But I believe that this will come to fruitition long before that. Lot's of eyes on this in demand drug.
Posted by BooDog on :
a fox in the hen house. It has broken the .03 level. Without major casualty control it will be back in hybernation at the .01 and below.
Posted by Schwabie on :
It fell through the .03 level because people have been sellling to get into other stocks while this one takes off... this goes lower IMO
Posted by banah18 on :
ohroghfoghdfg
Posted by Schwabie on :
Gradually going down
$0.027 Last Price 0.0018 -6.23% Today’s Change $0.03 Today’s Open 4,300,023 Below Avg. Today’s Volume
Posted by cactus33 on :
parties over for now, support at .025 imo
Posted by bond006 on :
weeks not over yet guys if we get the right news its off we go.
I can't believe that the company it self does not want a higher pps nedd news a lot of it
but for now the trend is down glta
Posted by bond006 on :
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
FORM 12B-25
COMMISSION FILE NUMBER 0-23788
NOTIFICATION OF LATE FILING
(CHECK ONE): |_| FORM 10-K |_| FORM 11-K |_| FORM 20-F |X| FORM 10-Q |_| FORM N-SAR
FOR PERIOD ENDED: 06/30/06
|_| TRANSITION REPORT ON FORM 10-K
|_| TRANSITION REPORT ON FORM 20-F
|_| TRANSITION REPORT ON FORM 11-K
|_| TRANSITION REPORT ON FORM 10-Q
|_| TRANSITION REPORT ON FORM N-SAR
FOR THE TRANSITION PERIOD ENDED:
READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE.
NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.
IF THE NOTIFICATION RELATES TO A PORTION OF THE FILING CHECKED ABOVE, IDENTIFY THE ITEM(S) TO WHICH THE NOTIFICATION RELATES:
PART I REGISTRANT INFORMATION
Xechem International, Inc. -------------------------------------------------------------------------------- FULL NAME OF REGISTRANT
-------------------------------------------------------------------------------- FORMER NAME IF APPLICABLE
NEW BRUNSWICK TECHNOLOGY CENTER, 100 JERSEY AVENUE, BUILDING B, SUITE 310 -------------------------------------------------------------------------------- ADDRESS OF PRINCIPAL EXECUTIVE OFFICE (STREET AND NUMBER)
NEW BRUNSWICK, NEW JERSEY 08901 -------------------------------------------------------------------------------- CITY, STATE AND ZIP CODE
PART II RULE 12B-25(B) AND (C)
IF THE SUBJECT REPORT COULD NOT BE FILED WITHOUT UNREASONABLE EFFORT OR EXPENSE AND THE REGISTRANT SEEKS RELIEF PURSUANT TO RULE 12B-25(B), THE FOLLOWING SHOULD BE COMPLETED. (CHECK BOX IF APPROPRIATE.)
X| (A) THE REASONS DESCRIBED IN REASONABLE DETAIL IN PART III OF THIS | FORM COULD NOT BE ELIMINATED WITHOUT UNREASONABLE EFFORT OR | EXPENSE; | X| (B) THE SUBJECT ANNUAL REPORT, SEMI-ANNUAL REPORT, TRANSITION REPORT | ON FORM 10-K, FORM 20-F, FORM 11-K OR FORM N-SAR, OR PORTION | THEREOF WILL BE FILED ON OR BEFORE THE 15TH CALENDAR DAY | FOLLOWING THE PRESCRIBED DUE DATE; OR THE SUBJECT QUARTERLY | REPORT OR TRANSITION REPORT ON FORM 10-Q, OR PORTION THEREOF WILL | BE FILED ON OR BEFORE THE FIFTH CALENDAR DAY FOLLOWING THE | PRESCRIBED DUE DATE; AND | | (C) THE ACCOUNTANT'S STATEMENT OR OTHER EXHIBIT REQUIRED BY RULE | 12B-25(C) HAS BEEN ATTACHED IF APPLICABLE.
<PAGE>
PART III NARRATIVE
STATE BELOW IN REASONABLE DETAIL WHY THE FORM 10-K, 11-K, 20-F 10-Q, N-SAR OR THE TRANSITION REPORT PORTION THEREOF COULD NOT BE FILED WITHIN THE PRESCRIBED TIME PERIOD. (ATTACH EXTRA SHEETS IF NEEDED.)
We have significantly expanded our operations in Nigeria over the past year. This factor has resulted in our requiring additional time and coordination in completing our disclosure. As a result of the foregoing reason, we will not, without unreasonable effort and expense, be able to complete our Form 10-QSB within the prescribed time period. The completed filing is expected to be available within the requested five day extension period.
PART IV OTHER INFORMATION
(1) NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS NOTIFICATION
(2) HAVE ALL OTHER PERIODIC REPORTS REQUIRED UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SECTION 30 OF THE INVESTMENT COMPANY ACT OF 1940 DURING THE PRECEDING 12 MONTHS OR FOR SUCH SHORTER PERIOD THAT THE REGISTRANT WAS REQUIRED TO FILE SUCH REPORT(S) BEEN FILED? IF THE ANSWER IS NO, IDENTIFY REPORT(S). |X| YES |_| NO
(3) IS IT ANTICIPATED THAT ANY SIGNIFICANT CHANGE IN RESULTS OF OPERATIONS FROM THE CORRESPONDING PERIOD FOR THE LAST FISCAL YEAR WILL BE REFLECTED BY THE EARNINGS STATEMENTS TO BE INCLUDED IN THE SUBJECT REPORT OR PORTION THEREOF? |_| YES |X| NO
IF SO: ATTACH AN EXPLANATION OF THE ANTICIPATED CHANGE, BOTH NARRATIVELY AND QUANTITATIVELY, AND, IF APPROPRIATE, STATE THE REASONS WHY A REASONABLE ESTIMATE OF THE RESULTS CANNOT BE MADE.
XECHEM INTERNATIONAL, INC. --------------------------------------------------------------------------- (NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
HAS CAUSED THIS NOTIFICATION TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.
DATE 08/14/06 BY /S/ RAMESH PANDEY ------------------- ------------------------------------------ RAMESH PANDEY, CHAIRMAN & CEO
INSTRUCTION: THE FORM MAY BE SIGNED BY AN EXECUTIVE OFFICER OF THE REGISTRANT OR BY ANY OTHER DULY AUTHORIZED REPRESENTATIVE. THE NAME AND TITLE OF THE PERSON SIGNING THE FORM SHALL BE TYPED OR PRINTED BENEATH THE SIGNATURE. IF THE STATEMENT IS SIGNED ON BEHALF OF THE REGISTRANT BY AN AUTHORIZED REPRESENTATIVE (OTHER THAN AN EXECUTIVE OFFICER), EVIDENCE OF THE REPRESENTATIVE'S AUTHORITY TO SIGN ON BEHALF OF THE REGISTRANT SHALL BE FILED WITH THE FORM.
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. THIS FORM IS REQUIRED BY RULE 12B-25 OF THE GENERAL RULES AND REGULATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934.
2. ONE SIGNED ORIGINAL AND FOUR CONFORMED COPIES OF THIS FORM AND AMENDMENTS THERETO MUST BE COMPLETED AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, WASHINGTON, D.C. 20549, IN ACCORDANCE WITH RULE 0-3 OF THE GENERAL RULES AND REGULATIONS UNDER THE ACT. THE INFORMATION CONTAINED IN OR FILED WITH THE FORM WILL BE MADE A MATTER OF PUBLIC RECORD IN THE COMMISSION FILES.
3. A MANUALLY SIGNED COPY OF THE FORM AND AMENDMENTS THERETO SHALL BE FILED WITH EACH NATIONAL SECURITIES EXCHANGE ON WHICH ANY CLASS OF SECURITIES OF THE REGISTRANT IS REGISTERED.
<PAGE>
4. AMENDMENTS TO THE NOTIFICATIONS MUST ALSO BE FILED ON FORM 12B-25 BUT NEED NOT RESTATE INFORMATION THAT HAS BEEN CORRECTLY FURNISHED. THE FORM SHALL BE CLEARLY IDENTIFIED AS AN AMENDED NOTIFICATION.
5. ELECTRONIC FILERS. THIS FORM SHALL NOT BE USED BY ELECTRONIC FILERS UNABLE TO TIMELY FILE A REPORT SOLELY DUE TO ELECTRONIC DIFFICULTIES. FILERS UNABLE TO SUBMIT A REPORT WITHIN THE TIME PERIOD PRESCRIBED DUE TO DIFFICULTIES IN ELECTRONIC FILING SHOULD COMPLY WITH EITHER RULE 201 OR RULE 202 OF REGULATION S-T OR APPLY FOR AN ADJUSTMENT IN FILING DATE PURSUANT TO RULE 13(B) OF REGULATION S-T. </TEXT> </DOCUMENT>
Posted by bond006 on :
part three look at the reasonfor the 5 day extention part 3
PART III NARRATIVE
STATE BELOW IN REASONABLE DETAIL WHY THE FORM 10-K, 11-K, 20-F 10-Q, N-SAR OR THE TRANSITION REPORT PORTION THEREOF COULD NOT BE FILED WITHIN THE PRESCRIBED TIME PERIOD. (ATTACH EXTRA SHEETS IF NEEDED.)
We have significantly expanded our operations in Nigeria over the past year. This factor has resulted in our requiring additional time and coordination in completing our disclosure. As a result of the foregoing reason, we will not, without unreasonable effort and expense, be able to complete our Form 10-QSB within the prescribed time period. The completed filing is expected to be available within the requested five day extension period.
PART IV OTHER INFORMATION
(1) NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS NOTIFICATION
RAMESH PANDEY 732-247-3300 ---------------------------------------------------------------------------
Posted by Leslie C on :
A real conversation with Burg....
No sugar coating...
http://www.p e n n y h e l p e r.com/ cgi-bin/forum/Blah.pl?b-underdime/m-1152647471/s-480/
Posted by Schwabie on :
If it breaks this resistance at .025 who knows where it will end up...
$0.025 Last Price 0.0037 -12.80% Today’s Change $0.03 Today’s Open 24,380,937 Average Today’s Volume
Posted by cactus33 on :
here comes the support at .025
Posted by bond006 on :
what a day what a day time to call steve and see if all thoes peopel were full of bs
Posted by money 76 on :
stock goes back to 0.01 if no pr by tomm.
for sure i feel this is a bogus company.
u have the product and the loan why not let the shareholders know.
another bs about steve on the way.
Posted by money 76 on :
bond u have tried hard for everyone to stick to this company
but after todays fall u might not convince everyone to stick to this bogus company
Posted by money 76 on :
anyone still feel potential
Posted by PaliMike on :
I feel potential!!!! If the correct information is being stated about the drug then I think it is better than any stock out there. The cure/management of sickle cell disease is huge. I'm in!
Posted by bond006 on :
For what its worth
Posted by: bigdaddyc25 In reply to: None Date:8/14/2006 6:20:29 PM Post #of 36053
UPDATE
Hey guys, I am not going to talk about any more PR predictions. I will however, post VERY CLEAR information from my discussions with Steve Burg and others at XKEM. I just spoke with Steve for half an hour about a number of topics.
1) Why has there been no update PR on revenues as he had discussed with several of us last week?
He said that last week he was trying to get something out to us. Unfortunately, the decision makers on what was ALLOWED to be released in terms of revenue based information, were out of town working on other important matters. They were unable to review the information put together by Steve. He said that those decision makers are BACK this week. He also said that he has done everything in his power to get them to dedicate some serious time today and tomorrow figuring out exactly what information to provide us with. He said that he has emphasized the need to communicate with shareholders NOW.
2) Any update on the UPS loan? What is taking so long?
He has heard from the folks working on the loan TODAY, that the loan is VERY CLOSE to being closed, and that they believe this is IMMINENT.
3) Status of construction of new facility.
Construction of new facility is on plan, and they do not anticipate any delays.
4) What are your thoughts on current PPS drop? I said to him, that at this pace, it will be less that $0.02 by the end of the week. I do not believe this will happen, but I was looking for a reaction from him, and trying to communicate the need for information.
He said that the drop will end, and in his opinion, the PPS will not see those levels.
5) When did sales begin? I told him, that some here posted that sales began 1 week ago. This would be impossible, because the July 26 PR had said sales had already begun.
He said he was wrong in saying 1 week, and that the sales had begun 3 to 4 weeks ago.
That is it for now guys. I will continue to support XKEM IR function, until they get their own crap together.
later BigD
Posted by dollar13 on :
Thanks BOND
i still holding Posted by money 76 on :
we have heard all this crap earlier from steve.
words do not mean anything where is the action.
looks like they r just fooling us . urll guys have waited for long . live with hopes and steves crap.
i am out of it .
Posted by dollar13 on :
quote:Originally posted by money 76: we have heard all this crap earlier from steve.
words do not mean anything where is the action.
looks like they r just fooling us . urll guys have waited for long . live with hopes and steves crap.
i am out of it .
congratulations ...
why you still posting here if you are outt...??
Posted by Ztiger on :
I am holding long no reason to panic sell. will not sell under .09 my self
so if you got go you got go you will be back.
Posted by money 76 on :
again stock is thrashed today .
whatzz up steve and pandey . enjoying the short.
lol .
Posted by cactus33 on :
came back though from a mid day tank...
Posted by fatbacker on :
money 76 Member
Member Rated: 2 Icon 1 posted August 14, 2006 10:52 PM Profile for money 76 Send New Private Message Edit/Delete Post Reply With Quote we have heard all this crap earlier from steve.
words do not mean anything where is the action.
looks like they r just fooling us . urll guys have waited for long . live with hopes and steves crap.
i am out of it .
Hey Money if you are out of this why are you still here posting and bashing the stock? That makes absolutely no sense at all. If you sold out then you should move on. If you think you are being subtle your not. It is obvious your bashing.
Posted by money 76 on :
i am no basher . i am a newbie just started trading 3 months back
but i am pissed with this companys way of dealing with shareholders
where is the pr .i am trying to help newbies like me not to invest in such a scam . dont feel bad if u have done ur dd thats good .
u have never posted anything before in this . how come u have jumped into it . hehe fishy.
Posted by dollar13 on :
quote:Originally posted by money 76: i am no basher . i am a newbie just started trading 3 months back
but i am pissed with this companys way of dealing with shareholders
where is the pr .i am trying to help newbies like me not to invest in such a scam . dont feel bad if u have done ur dd thats good .
u have never posted anything before in this . how come u have jumped into it . hehe fishy.
if you want to help the newbies go to the other boards of each symbol than went down today, that would be a good help too. LOL
Posted by money 76 on :
sure . i will do that also . let me help them firstly with a bigger scam than i will handle the small ones. lol.......
Posted by cactus33 on :
they do have evidence that shows they are legit..
nicosan isnt a dream, its a real drug
Posted by dollar13 on :
i am looking.....
Posted by money 76 on :
yeah they have the evidence which they have kept with themselves..
nicosan and the world does not know about it .
nigeria ......................
lol grow up stop dreaming.
Posted by dollar13 on :
i dont see MONEY 76 post in another board i am still waiting
Posted by dollar13 on :
come on man help the NEWBIES
Posted by cactus33 on :
quote:Originally posted by money 76: yeah they have the evidence which they have kept with themselves..
nicosan and the world does not know about it .
nigeria ......................
lol grow up stop dreaming.
chart says we may drop lower from technicals alone, I sold a lot because of the negative divergence on the weekly, but it isnt a scam.. they have a great product. just need to ride ot this bump.
Posted by Absolut_Swing on :
quote:Originally posted by fatbacker: money 76 Member
Member Rated: 2 Icon 1 posted August 14, 2006 10:52 PM Profile for money 76 Send New Private Message Edit/Delete Post Reply With Quote we have heard all this crap earlier from steve.
words do not mean anything where is the action.
looks like they r just fooling us . urll guys have waited for long . live with hopes and steves crap.
i am out of it .
Hey Money if you are out of this why are you still here posting and bashing the stock? That makes absolutely no sense at all. If you sold out then you should move on. If you think you are being subtle your not. It is obvious your bashing.
Why is everyone that says something negative about a stock a "basher" or a "manipulator trying to make money by shorting the stock!"?
I find this logic a little ill conceived and slightly manic and hysterical. Not to mention the derivative of paranoia.
I think if people get frustrated and sell and talk smack about a security it's their business.
If other people join in the hysteria and negative attitude, well that's just the mob mentality of human beings kicking in.
You can't blame people for following the crowd, now can you?
Posted by Absolut_Swing on :
Btw, i'll be waiting for XKEM to test .02, its 200 day MA and see if it bounces and if it does i'll be in for the ride.
Posted by dollar13 on :
i saw a lot of buys at the last hour today .
from 3:pm to 4:pm
Posted by PaliMike on :
I'm in!
Posted by dollar13 on :
i see 2 MM at the ask than might start a run here ----hoping the best----
Posted by onecentlotto on :
Welcome aboard Palimike. It's hard to resist at these levels. I am in, and probably will buy more. If we get good news this this baby should move up quite well.
Posted by fatbacker on :
Why is everyone that says something negative about a stock a "basher" or a "manipulator trying to make money by shorting the stock!"?
He is not only being negative but he is not basing his accusations with any proof or links or any type of DD what-so-ever. He comes in here and tells everyone this is just a scam and with no basis. He also posted that he is out of it which means he really has no point to post his bad feelings towards this stock what so ever. If you have something to say about a stock you are in then that is fine but use your DD to show it so we can all learn from it either good or bad. He is bashing. If you read what the definition of bashing is you will see what he is doing is bashing. Google the word and see what you come up with.
Posted by Bearclaw on :
Xechem Chairman Responds to Shareholder Questions Regarding NICOSAN(TM) Progress and Sales Forecasts
NEW BRUNSWICK, N.J., Aug 16, 2006 (BUSINESS WIRE) -- The Chairman of Xechem International, Inc. (OTC BB: XKEM), Dr. Ramesh C. Pandey, responded today to a number of questions posed by investors and others in the business community concerning the status of its operations in the aftermath of the approval of NICOSAN(TM), its sickle cell drug, by Nigerian regulators on July 3rd, 2006. Some of the questions posed to the company and answered by Dr. Pandey are the following:
Status of Production Facility
Q1: Xechem has reported that its Sickle Cell Drug, NICOSAN(TM), is being produced in limited quantities at its pilot scale facility in Abuja, and that construction has now begun on its full scale facility at the same location. When do you expect the full scale facility to be completed and at what cost?
A1: We estimate that the construction of the new facility will be completed in approximately nine to twelve months, subject to timely receipt of the required funds, and the facility will be fully operational then. Our current estimate is that the total cost of the new facility, including the cost of the required machinery and equipment, will be approximately $12 to $15 million, of which over $5 million has already been invested by the Company.
Expected Sources of Funding
Q2: What are the sources of the expected funding to finance the capital expenditures?
A2: In the past several weeks, we received a loan from NEXIM Bank of Nigeria for 150 million Naira (USD $1.2 million). The bulk of those proceeds have been earmarked for the initial phase of construction, and that work has recently begun. NEXIM has been an extremely supportive lender that likes very much what Xechem is doing in Nigeria and has expressed a strong interest in investing significantly more money into Xechem's operations there. In fact, advanced discussions are now underway with NEXIM officials concerning a substantial new loan, the proceeds of which would be used primarily for constructing the buildings for the new commercial scale facility. We are also continuing to aggressively pursue an approximately $8 to $9 million loan through the U.S. Export-Import Bank Loan Guarantee Program.
Q3: Can you provide a report on the status of the Ex-Im loan and the likelihood that it will close in the near future?
A3: As with any significant commercial loan to a company at our stage of development, issues arise during the course of negotiation and due diligence that can affect the timing of any proposed transaction. This was especially true prior to July 2006, when we received regulatory approval from Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC). That approval added quite a bit of credibility to our efforts, particularly in procuring the required local Nigerian bank guarantee, and has seemed to accelerate the pace of negotiations with the various parties involved with the Ex-Im guaranteed loan. Although certainly there are no assurances as to when or if this loan will close, I believe we have satisfied all of the statutory and other requirements for the transaction and my sense is that this loan has an excellent chance of being approved in the near future.
Q4: Do you believe the government of Nigeria may step up and agree to provide financial support to Xechem in one form or another?
A4: In my judgment, the government of Nigeria has an incentive to offer financial support to Xechem for at least three important reasons. First, we have licensed our product from Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), which stands to benefit directly from our financial success through the gross royalty they will receive from the sale of our product. Second, there is no place in the world where NICOSAN(TM) is more desperately needed than Nigeria and I believe that the government has a strong incentive on humanitarian grounds to help insure that the drug reaches as many of its citizens as can be accomplished. And third, Nigeria is working very hard to improve its image internationally and to promote corporate investment, especially by American companies. The government of Nigeria knows that Xechem is being closely watched by investors and others in the business community who want to see if an American company like Xechem can be truly successful in Nigeria. For all of these reasons, I believe that the government of Nigeria would consider offering Xechem substantial financial support in one form or another under the right circumstances .
Q5: Has Xechem already approached the Nigerian government about the possibility of providing Xechem some form of financial accommodation?
A5: As with many aspects of the development of our business, until our drug was formally approved by the regulators in Nigeria, it was impossible to have meaningful dialogue concerning possible governmental support for Xechem in whatever form. Now that the drug has been approved, those doors have been opening, in some case widely, and that has been the case concerning possible governmental support. While I cannot speak to the details of those discussions or comment on the possible timing or likelihood of working directly with the government to support our operations financially, I can say that we are having high level conversations with government officials concerning a possible pre-purchase of large scale quantities of our product for distribution by the government in the country's national hospitals.
Current and Projected Sales Activity
Q6: Turning to the drug itself, have sales of the product begun and, if so, how is the drug being distributed?
A6: We have begun sales of the product on a limited basis in Abuja. Because we are producing pilot scale quantities which are insufficient to meet the expected demand for the product, we have strictly limited distribution of the drug so that, at present, it can only be acquired at Xechem Nigeria's headquarters at Sheda Science and Technology Complex (SHESTCO), Abuja. Soon, we expect to open three to four satellite offices in Abuja. These measures will last until the full scale facility is completed when we will turn to more traditional avenues of marketing and distribution throughout Nigeria and beyond. Keep in mind that once on the medicine, a patient must continue taking it on a daily basis without interruption in order for the drug to be effective. One of our big concerns is making sure that once a patient begins taking the medicine, that person will have uninterrupted access to the drug going forward.
Q7: How many patients do you expect to serve before the completion of the full-scale facility?
A7: Based on the quantities of the finished product now on hand and our current small-scale production capability, we project that we will be able to meet the needs of approximately 20,000 patients per month on an annualized basis pending completion of the full-scale facility.
Q8: What is the current price for the drug and what sales volume do you forecast for this initial period prior to full-scale production?
A8: We are currently charging 3000 Naira (USD $23) per month for adult patients and 2400 Naira (USD $18.50) per month for children. If we meet our target of supplying 20,000 patients per month on average during the first year, this will result in annual sales of approximately $5 million during this period of limited production capability. That number could be significantly higher if, as we expect, we are successful in achieving some incremental increase in capacity between now and the time the full-scale facility is completed.
Q9: Once the expanded production facility is completed, what do you feel is the market potential for this drug?
A9: There are approximately 4 million people in Nigeria alone afflicted with Sickle Cell Disease, of whom we believe upwards of 50% live in urban or quasi-urban areas where average income levels are believed to be sufficiently high to absorb the retail cost of the product. Realistically, we believe we should be able to penetrate more than half of that segment of the market over a five year period, which would result in estimated annual revenues to Xechem Nigeria of approximately $200 million at today's prices. And that is for Nigeria alone. Needless to say, down the road, we expect to generate additional revenues from sales of the product throughout Africa, not to mention India and the Middle East and, of course, Europe and the United States. Also, these figures do not take into account additional sales that may be possible to poorer segments of Nigerian society as part of a pre-purchase or other support program with the government of Nigeria.
Q10: Can you speak to the substantial decline in the price of Xechem stock that has occurred since the launch?
A10: There are many theories on that, and it's probably best for me not to address them directly. What I do feel comfortable in saying is that we have something very special going on in Nigeria right now and have unquestionably accomplished a great deal in getting to this point in spite of the many obstacles in our path. I am confident that as we secure one or more traditional bank type financings and move forward in the implementation of our business plan, things will change markedly for Xechem and its shareholders. My message to our shareholders is this: the patient investor will be rewarded as we progress toward full scale production of this historical drug.
About NICOSAN(TM) NICOSAN(TM) is an anti-sickling drug developed by Nigerian scientists at the National Institute for Pharmaceutical Research and Development (NIPRD). In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the red blood cells of those afflicted with the disease. While not a cure, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced.
About Xechem
Xechem International is a development stage biopharmaceutical company working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (natural herbal drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem will now turn to the commercialization of the drug in Nigeria and the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.
SOURCE: Xechem International, Inc.
CONTACT: Xechem International, Inc. Stephen Burg, 707-425-8855
Posted by fatbacker on :
Bash that Money 76,
Maybe you think this PR is fake and it is just a trick to get us to buy more stock.
Posted by lwb1441 on :
"$200 million annually" I like those #.
Posted by BooDog on :
Just a note fatbacker, it doesn't say anything we don't already know does it? Probably better putting out a pr than doing one of those m 1 interviews though.
Posted by madmax526 on :
should give us a boost...the real boost will come on the financing imho...
Posted by onecentlotto on :
Looks goodone already were starting to move.
Posted by EverGreen on :
very nice move so far
Posted by PaliMike on :
This message to shareholders boosts my confidence 10x of what it is already at. I think that this is a very fair and noble PR.
Posted by bond006 on :
"She (Minister for Finance) expressed satisfaction that government support for private sector-led investment in science and technology had begun to yield fruits, citing the development of the drug Nicosan Xychem, for sickle-cell anaemia, as a classic case of public-private sector partnership and therefore called for closer cooperation between the two sectors."
Posted by dollar13 on :
when they complete the new facility this will be huge,they are supplying what they got at the moment , but there is a real market for this drug, and yes the drug is real too
Q8: What is the current price for the drug and what sales volume do you forecast for this initial period prior to full-scale production?
A8: We are currently charging 3000 Naira (USD $23) per month for adult patients and 2400 Naira (USD $18.50) per month for children. If we meet our target of supplying 20,000 patients per month on average during the first year, this will result in annual sales of approximately $5 million during this period of limited production capability. That number could be significantly higher if, as we expect, we are successful in achieving some incremental increase in capacity between now and the time the full-scale facility is completed.
Q9: Once the expanded production facility is completed, what do you feel is the market potential for this drug?
A9: There are approximately 4 million people in Nigeria alone afflicted with Sickle Cell Disease, of whom we believe upwards of 50% live in urban or quasi-urban areas where average income levels are believed to be sufficiently high to absorb the retail cost of the product. Realistically, we believe we should be able to penetrate more than half of that segment of the market over a five year period, which would result in estimated annual revenues to Xechem Nigeria of approximately $200 million at today's prices. And that is for Nigeria alone. Needless to say, down the road, we expect to generate additional revenues from sales of the product throughout Africa, not to mention India and the Middle East and, of course, Europe and the United States. Also, these figures do not take into account additional sales that may be possible to poorer segments of Nigerian society as part of a pre-purchase or other support program with the government of Nigeria.
Q10: Can you speak to the substantial decline in the price of Xechem stock that has occurred since the launch?
A10: There are many theories on that, and it's probably best for me not to address them directly. What I do feel comfortable in saying is that we have something very special going on in Nigeria right now and have unquestionably accomplished a great deal in getting to this point in spite of the many obstacles in our path. I am confident that as we secure one or more traditional bank type financings and move forward in the implementation of our business plan, things will change markedly for Xechem and its shareholders. My message to our shareholders is this: the patient investor will be rewarded as we progress toward full scale production of this historical drug.
Posted by cactus33 on :
it will, but penny investors are impatient... so buy and sell in the dips imo
Posted by Redwinger on :
A decent PR and this thing falls? Kinda stinks. I like how Pandy was honest, yet it still falls in price.. bahh, I'll never figure out these damn pennies
Red
Posted by trade04 on :
yea that 9-12 months thing and the required funds might be an issue if they cant get that loan glt who ever is in this
Posted by dollar13 on :
what about the current sales in NIGERIA for almost 1/2 of MILLION a month?
Posted by dollar13 on :
quote:Originally posted by dollar13: what about the current sales in NIGERIA for almost 1/2 of MILLION dollars a month?
Posted by Bearclaw on :
quote:Originally posted by dollar13: what about the current sales in NIGERIA for almost 1/2 of MILLION a month?
Exactly...they have revenues. As they increase production every month until the manufacturing facility is complete... revenues will also increase...Then full launch once supply can meet demand...Should be an interesting year...
Posted by BooDog on :
quote:Originally posted by Redwinger: A decent PR and this thing falls? Kinda stinks. I like how Pandy was honest, yet it still falls in price.. bahh, I'll never figure out these damn pennies
Red
Any PR they put out other than definite revs in a filing, or confirmed loans or 300 to 1 reverse split will likely have the same result. JMO but this one was most damaging because it only said what we already knew, a combination of pr's so to speak. Maybe more in about 6 months eh? But if this were to get mention by a valid news source or major pharm....who knows?
Oh yeah...wait a sec...that is how XKEM has been trending for the last 3 years.... daum smacks self on forehead as he sees the light (again)
Posted by PaliMike on :
Solid Close
Posted by dollar13 on :
lot of buys in the last 3 minutes
nice to see a green day
Posted by pay up on :
quote:Originally posted by lwb1441: "$200 million annually" I like those #.
That 200 million was from Nigeria only. It did not include the rest of Africa or the world.
"approximately $200 million at today's prices. And that is for Nigeria alone."
Posted by madmax526 on :
that 200 million was also a conservative estimation...it didn't include the possible pre purchase by the government or charitable organizations purchasing the drug...Pandey is a very conservative guy....
Posted by Bearclaw on :
Keep an eye on this for a bottom bounce this morning...Charts show the possibility...GLTA
Posted by dollar13 on :
i still here guys
same close 0.025 than thrusday not too bad being a friday
Posted by madmax526 on :
wow... Hope I can exit b4 it tanks like a rock
Posted by IMAKEMONEY on :
We are also continuing to aggressively pursue an approximately $8 to $9 million loan through the U.S. Export-Import Bank Loan Guarantee Program.NO NO NO.,JMO
Posted by lostone on :
they're just filing.. shouldn't it take a while? maybe b/c something up to prime it for the sell?
Posted by IMAKEMONEY on :
1 YEAR.
Posted by imapoorcollegestudent on :
Okay... So I looked into this form 144 thing with New Milineum Biotect... Well the registered them already and probably already sold them on the 14th already as was posted the approximate date of sale as you can read on the form 144. Infact they probably sold some or all of their 13 milion restricted shares on the 14th. Chassman probably sold all or some of his restricted shares (44 mill) by the 28th of July. likewise Alpha Capitol has probably sold all or some of their shares around the approximate date of sale of the 12th of July (10 million restricted shares). These file 144's have shown up on my Power Etrade Pro plateform under news for XKEM. Things that scare me is that these holders have sold becasue they think it's a good time to get out. On the other hand They have probably sold and yet the pps has not completely dropped out on us. There are always reasons that we can't know as to why they sold. Maybe their resriction period has just lifted and they want to cash out and maybe rebuy clean shares (I don't know). But as far as the "approximate date of sale" When talking to 2 different etrade specialists about form 144's they said that the holder usually has sold on that "approximate date" and that the filing process had begun prior to that. Also in the stipulations on the form 144 I read that for these (which it can very according to the etrade specialist) the period in which the restriction is 90 days. So yes I'm concerned but I also feel as though this drug has a niche and has some heavy backing, even governmental back, right??? but anyways, I'm looking into this and would appericiate some veteerans insight to all of this. Hey, I just a newbee and this is what I stumbled on. Hope it helps. I hope we all make money. Sorry I can't proof read this before I send it but My girlfreind is saying that we need to go to luch NOW! GLTA
Posted by money 76 on :
this stock is gonna crash after revenues that will be tomm
even chassman has bailed out . lol scam
Posted by dollar13 on :
SURE we will crash too bad you wont be in it LOL
Posted by dollar13 on :
IMAPOOR i think you are right about the restriction period and i don't think they own shares now but they probably will be loading up this week .
we'll see.
Posted by imapoorcollegestudent on :
dolla, Ihope that they load up this week as it would help our pps but why do you think they will? What's happened between the time they sold and now to make them buy back in. The anticipation of the bond and other fundings that weren't known about before??? Seems like it has some good momo and a solid product that is just getting started for sale but wouldn't they have know about that earlier after all they were insiders. See what the week brings GLTY
Posted by dollar13 on :
one thing i know for sure than they got revenues of almost 1/2 of million dollars a month since they begin the sales of NICOSAN a month ago they give us some estimates about those sales in the last PR. Hopefully we going to have a PR about the revenues but i think is too soon for CEO to do that
Posted by J_U_ICE on :
We had revenues of $2,000 for the six months ended June 30, 2006 as compared to $3,000 for the six months ended June 30, 2005. This represents the product sales by our subsidiary Xetapharm, Inc.
Posted by Schwabie on :
STOCKHOLDERS' (DEFICIT) Class A voting preferred stock, $ .00001 par value, 2,500 shares authorized; 2,500 shares issued and outstanding -- Class B 8% convertible preferred stock, $ .00001 par value, 1,150 shares authorized; none outstanding -- Class C preferred stock, $ .00001 par value, 49,996,350 shares authorized; 10,666 issued and outstanding. -- Common stock, $.00001 par value 1,950,000,000 shares authorized; 1,285,162,412 issued and outstanding
Posted by EverGreen on :
revenues is not important now - we already know that production is next year
what i was not expecting is the increase of the AS
Posted by money 76 on :
this stock will go up imo next year . for now i see a big dip in it .
what do you folks think
Posted by PaliMike on :
You seem to have a very negative outlook money76. My outlook is that this is a great stock that is going to help a lot of people. I do not think that there is any reason for this stock to take a big dip. Like 99% of these stocks that are being peddled, this one is actually doing something that has major major potential.
Posted by madmax526 on :
money, please provide some reasoning if you actually have any...thanks..
Posted by onecentlotto on :
MONEY,You're not getting my shares so quit begging.XKEM did not crash as you predicted today.
Posted by cactus33 on :
hold tight, next support is .0225..
its all in the companies hands to hold the support near .025
Posted by tradinggal on :
ahhh, why cant this move, its killing my portfolio. Anyone still here, this board is rather dead too.
Posted by bond006 on :
I am here nothing to say
Posted by Browndog on :
I got out of this with the last PR. XKEM has a lot of potential, but further down the road. I'll look to get back in when the situation looks a little more interesting.
Posted by EverGreen on :
see you next year LOL
maybe after they decide new AS# the situation will be more clear
quote:Originally posted by tradinggal: ahhh, why cant this move, its killing my portfolio. Anyone still here, this board is rather dead too.
Posted by dollar13 on :
Tomorrow will be a better day Posted by cactus33 on :
support at .02 next support .0175 imo..
careful if you have a lot in this..
Posted by Redwinger on :
SSDD
Posted by Stockstar69 on :
I'm riding free shares and checking daily but for now I predict a boring market for a few months.
Unless XKEM releases a PR about some miracle drug we will have to wait a while for the next POP!
Posted by madmax526 on :
Posted by: Arrow335 In reply to: None Date:8/23/2006 11:19:57 AM Post #of 39993
I'm not making any predictions but I did talk to Steve Burg yesterday. He told me bank officials have visited the facilities and all the paper work has been completed for both banks, UBS and Nexim bank of Nigeria.
He said news could be anytime, very soon. I said you've (SB) have been telling me that since May. His response was just hold on, it could happen anyday much sooner than later. From our conversation I "think" we will get a Pr announcing a loan from Nexim Nigeria bank first. Followed by Pr for loan from USB.
I told him I'm bleeding red all over the place with this stock and he repeatedly told to me just hang on. During one of these exchanges he said they will have several things coming out. I'm assuming several Pr's. My thought is Sept is the Season for stocks in general, maybe the company is waiting for maximum exposure and will start a Pr campaign in September? Hope so....
Posted by GreenDay on :
If all the paperwork has been completed, doesn't that mean they'd have the money? and if so, what is their obligation to report/pr it?
Posted by Bearclaw on :
Not till everything is complete...unfortunately.. All loose ends ...
quote:Originally posted by GreenDay: If all the paperwork has been completed, doesn't that mean they'd have the money? and if so, what is their obligation to report/pr it?
Posted by PaliMike on :
Nice Close
Posted by Schwabie on :
Nice close? lol...
This keeps breaking through all the support levels... .03 .025 next .02 ... then ?
I am afraid this going going back to .01 without any substancial news which won't come until 6 - 12 months
Posted by cactus33 on :
there was nothing new that we didnt know in the last pr.
they have to come out with something new.
i see stock moving back to 0.01 in short time.
do your own dd.
Posted by cactus33 on :
dont think so....
Posted by Schwabie on :
Watch it break support at.02 soon.. there is NOTHING that can hold its steady daily decline... THEY HAVE NOTHING NEW TO REPORT FOR 1/2 TO 1 YEAR FROM NOW!
Posted by madmax526 on :
Schwabie, there are two loans that will be approved shortly...with these loan approvals they will gaurantee the completion of the full scale production facility...with this they will be able to meet the demand for the drug...if you don't think that will reverse the pps then I don't know what to say...imo many investors are waiting on the sidelines for these loans...good luck getting your shares under .02 after the loan approval...there is a possibility of a drop below .02 if the loans are delayed, but when the approvals come we will see a very nice spike in the pps...
Posted by cactus33 on :
quote:Originally posted by Schwabie: Watch it break support at.02 soon.. there is NOTHING that can hold its steady daily decline... THEY HAVE NOTHING NEW TO REPORT FOR 1/2 TO 1 YEAR FROM NOW!
lol
Posted by madmax526 on :
anyone seen Schwabie this morning?
Posted by onecentlotto on :
I don't think you'll see him for a while. He tried his best to get cheap shares. Now it should be up up and away. imho
Posted by cactus33 on :
He's over at POS ddsi, saying it will run, lol
Posted by madmax526 on :
shakerzzz is pumping XKEM right now...
Posted by cactus33 on :
he's been pumping it for weeks hasnt he..
Posted by Schwabie on :
Nah, I hold DDSI. I just forget it.
Only stock I really have is SLJB.
I do hold some of a few others but just to track them.
XKEM going up right now is because its a bottom play... it will go back down. It is being pumped...
Posted by madmax526 on :
nope, just started about 20 minutes ago..
Posted by Schwabie on :
Wait till the dump...
Remember P & D are never good for a stock... after it passes stock may go lower faster than originally intended in a shorter period of time. In other words.... more bag holders.
Posted by cactus33 on :
there was a 4% institutional buy yesterday, and there may be more today. that helps
Posted by Schwabie on :
Don't get me wrong... I like this stock and I WILL purchase it once everything is in motion. But till then... I will leave it alone. I only own 50,000 shares
Posted by madmax526 on :
Right Schwabie....good luck when the loan approvals come....the only .01's you'll be seeing are the pennies in your pocket...
Posted by cactus33 on :
well, only up 10% shaker wants more than that..
good to see green though
Posted by bond006 on :
By: pfrenz 25 Aug 2006, 02:12 PM EDT Msg. 97320 of 97322 Jump to msg. # A very good repost regarding XKEM short positions, or LACK of it....
Well at least we know the market is afraid of shorting XKEM at this level...... That is a very good sign!
XKEM: Short Interest DN 97.1% to 33.4K in Aug 2006
Thursday , August 24, 2006 17:27 ET
According to new short interest data from OTCBB.com, short interest for Xechem International Inc (OTCBB: XKEM) DECREASED 97.1% to 33,361 shares for the month ended mid-August, 2006.
SYMBOL JULY AUGUST CHANGE %CHANGE DAYS/COVER -------- ------------- ------------- ------------- ------------ ---------- XKEM 1,137,139 33,361 -1,103,778 -97.07% 1 Based on XKEM's 20-day average daily share volume of 37,474,260, it would require approximately 1 day(s) of buying to cover this short interest.
Posted by madmax526 on :
looking very good here...
Posted by madmax526 on :
What happened Schwabie??
Posted by cactus33 on :
lol !
Posted by cactus33 on :
shaker will take some off the table, but will still try to run it. this is still being pumped from many sources. he's not the only one. people want .04 out of this..
Posted by madmax526 on :
this would make my life!! TIFWIW
Posted by: shakerzzz In reply to: Tina Marie who wrote msg# 166358 Date:8/25/2006 2:00:08 PM Post #of 166367
Stock gangsta: VLIXSPERT says : Pfeizer is going to Acquire XKEM .. NEWSSSSSS aLERRRRRRRTTTTTT ggg ggg: LOL
Posted by Schwabie on :
You guys are funny... this isn't going up because of the stock.. its because it is being pumped... once its done... its back to its regularly scheduled downtrend.. LOL
Wait for the DUMP !
Posted by cactus33 on :
its a penny, not microsoft. thanks for the info..
it got pumed over .10 last time..
Posted by Schwabie on :
quote:Originally posted by cactus33: its a penny, not microsoft. thanks for the info..
it got pumed over .10 last time..
Yes, thats it. Tell newbies to put their money here because its going alot higher... then you get out and let them hold the bag for you... Good idea.. NOT !
Compare the volume lately to what it is today... PUMPED !
Please tune in later from the DUMP !
Posted by Schwabie on :
It went up to .115 for good reason as well as pump. But it went up too fast therefore retraced.
You will have to wait 6 month to a year.
Posted by cactus33 on :
if people listened to you they would of bailed this morning b/c you were saying its tanking under .02
whatever, im guessing you've been burned real bad and are really bitter..
Posted by Schwabie on :
It would have if it wasn't being pumped everywhere... watch the day after they stop PUMPING...
Posted by madmax526 on :
Schwabie, where is everywhere...shakerzz started after we started to move up...
Posted by Schwabie on :
Impressive Pump volume I must say. 39,588,694
Today’s Price Performance as of 3:15pm EDT, 8/25/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.029 Last Price 0.0074 +34.58% Today’s Change $0.02 Today’s Open 39,588,694 Above Avg. Today’s Volume
Posted by dollar13 on :
HOO YES i am having a run here again:cool:
39% i like it like that
Posted by Mambo7 on :
maybe big news next week
Posted by dollar13 on :
44% and rising gess
Posted by imapoorcollegestudent on :
So the concensus is that this run is a pump???
Posted by rickachiu on :
And Dump..
Posted by Schwabie on :
Duh... its a bottom play being pumped out the waazoooooo. We've all made money but just don't get caught holding the bag ! Protect your investment ALWAYS !
Posted by madmax526 on :
Schwabie, if you're wrong will you come back here and admit it??? Two big loans might both get PR'd next week...Or are you the guy that claims every stock is a Pump and Dump if it does the opposite of what you say??? Xechem is a real company with a real drug...It has a huge market too...can you say that about most pennies???
Posted by cactus33 on :
keep talking all the way to .10 lol
it could go either way....
Posted by dollar13 on :
no too bad for the first day of the run
i can't wait for next week .
Posted by Mambo7 on :
Risk Alert Level for XKEM.OB
Posted by Schwabie on :
You both keep talking now because it is going up because it is being pumped. When it dumps... you wont't say a peep...
I don't claim every stock is a P&D... Please find my post where I said that?
We are all here to make money... I will say it again... Don't hold the bag when they are done...
Posted by dollar13 on :
NICE CLOSE 37%
Posted by Schwabie on :
quote:Originally posted by dollar13: NICE CLOSE 37%
Yup. Riding free now Posted by cactus33 on :
laughable schwabie.....
Posted by Schwabie on :
quote:Originally posted by cactus33: laughable schwabie.....
nice one today . looks like they might have something for next week may be monday . should look out on monday.
Posted by dollar13 on :
quote:Originally posted by money 76: well this stock has been goin down since the pr .
there was nothing new that we didnt know in the last pr.
they have to come out with something new.
i see stock moving back to 0.01 in short time.
do your own dd.
no PR,s pps going up they haven't come out with nothing yet ,so what is it now?
Posted by money 76 on :
yeah but after todays movement looks like something happening with this stock
Posted by money 76 on :
i got into this stock again today at 0.027 .
Posted by dollar13 on :
you shouldn't never got out, but good luck if you are in Posted by PaliMike on :
Be careful Money76!, "this stock is going back to around a penny" and I think that you paid too much at .027. LOL
Posted by cactus33 on :
gotcha pali, you and scwabie should get together, lol
Posted by madmax526 on :
sure Scwabie, if you truly thought XKEM was going to the 01's then why didn't you sell your shares in the 02's to buy them back later...you're hysterical..money76 you're quite the character too.
Posted by money 76 on :
oh really . all the best madmax .
Posted by money 76 on :
some people think they can never be wrong. madmax grow up.
Posted by PaliMike on :
Money76 is a real character. Xkem however is not, so have some true faith!
Posted by dollar13 on :
quote:Originally posted by madmax526: sure Scwabie, if you truly thought XKEM was going to the 01's then why didn't you sell your shares in the 02's to buy them back later...you're hysterical..money76 you're quite the character too.
LOL
Posted by money 76 on :
lol . talking about character.hehe
Posted by Schwabie on :
Hey, I'm riding free. When the pump is over, I won't be holding the bag.
Read my posts. They are all accurate to date.
Posted by dollar13 on :
XKEM
"BUY CONFIRMED"
according to A M E R I C A N B U L L S
Posted by IMAKEMONEY on :
That chart stinks and WE ALREADY WENT TO DA MOON.dollar13 Member
Member Rated: posted August 25, 2006 07:09 PM -------------------------------------------------------------------------------- i think this is going to the moon:
XKEM - XECHEM INTL INC (OTCBB) Date Open High Low Last Change Volume % Change 08/25/06 0.0216 0.0310 0.0215 0.0295 +0.0081 58519199 +37.85%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Hold
Short Term Indicators Average: 40% - Buy 20-Day Average Volume - 31264504
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Sell 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Sell 50-Day Average Volume - 81269422
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy 100-Day Average Volume - 62625371
Overall Average: 16% - Buy
Price Support Pivot Point Resistance
0.0295 0.0178 0.0273 0.0368
Posted by dollar13 on :
WE ARE GOING BACK TO THE MOON
believe it or not Posted by dollar13 on :
By the way chart expert IMAKEMONEY what is wrong with XKEM chart LOL
Posted by IMAKEMONEY on :
Oh i didnt know about that,lol
Posted by dollar13 on :
[QUOTE]Originally posted by IMAKEMONEY: [QB] That chart stinks and WE ALREADY WENT TO DA MOON.dollar13 Member
how stink "explain" if you know ?
Posted by dollar13 on :
resistance at 0.0368 that is good to know thanks IMAKEMONEY
Posted by dollar13 on :
i like this MODS
thanks Posted by dollar13 on :
seems like we going to have a gap up this morning good luck XKEMers.
Posted by Schwabie on :
If they keep pumping it its gonna go up... BUT on the other hand... if they dump... its going to go down fast and hard.
Keep an eye out for the signs ! Now let's make more money Posted by Bearclaw on :
Who's they? Who has the ability to dump enough shares to drive it down? Are you talking about a Group?
Posted by Schwabie on :
This is being pumped... why do you think this is getting so much attention and 46 million + volume Friday... Just make your money while they pump it !
Posted by Jo4321 on :
Who is "they"? What do you expect "their" target price to be?
Jo
Posted by cactus33 on :
ignore schwabie, whenever he says it goes down it goes up, protect your profits !
Posted by madmax526 on :
do the opposite of what Schwabie says and you'll be financially independant in no time....last thursday he was calling for .01 for XKEM...you all know how that prediction went..
Posted by onecentlotto on :
Schwabie is better then a pr.
Posted by dollar13 on :
come on 0.04
Posted by cactus33 on :
quote:Originally posted by onecentlotto: Schwabie is better then a pr.
lol, thats funny..
Posted by dollar13 on :
43000000 in volume in only one hour
Posted by superman87 on :
f
Posted by chevon2020 on :
Anyone think this will run past the high 3's. the last time it ran it only went to .035, which is way lower than my entry unfortunately
Posted by Schwabie on :
I will say it again...
quote:Originally posted by Schwabie: Duh... its a bottom play being pumped out the waazoooooo. We've all made money but just don't get caught holding the bag ! Protect your investment ALWAYS !
____________
So quiet here.. what no more insults toward me ?
I never said sell. Please find a post where I said that. I said it was being pumped and that it if it wasn't being pumped it would have broken through the .02 support resistance.
When the pump started going well Friday (46 million volume) . All I said was to protect your investment because you never know when the DUMP will come. I even said it was a good close.
What happens now to all those people that bought in at .034 .035 if they stop pumping it? BAGHOLDERS. I am not saying they have stopped pumping it. Just an FYI...
Today’s Price Performance as of 12:39pm EDT, 8/28/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.031 Last Price 0.0020 +6.78% Today’s Change $0.03 Today’s Open 60,466,137 Above Avg. Today’s Volume
Posted by dollar13 on :
i JUST BOUGHT MORE AT 0.03
Posted by lwb1441 on :
I guess the dump is starting good call schwabie
Posted by onecentlotto on :
Looks like it time for me to load up again.
Posted by dollar13 on :
that was just a DIP AT 0.028
Posted by dollar13 on :
i guess the dump is OVER LOL
Posted by Apollyon on :
Reloaded - Easy 100% at this entry point
Posted by Apollyon on :
XKEM upticking into the close - get some before tomorrow!
Posted by PaliMike on :
Nice to see .03 again...Would be real nice to see some news
Posted by dollar13 on :
AFTER HOURS LAST 3 GREEN TRADES
0.0321---------521,000------16:29
0.0325---------3,863,000----16:19
0.034----------25,000-------16:09
GAPPING UP TOM..MORNING I BET
Posted by dollar13 on :
I saw those late trades also I would not be surprised to see a PR tomorrow. I am here for the ride.
Posted by money 76 on :
we might see one more pr.
sensible decision to get back in this stock .
i sold all my stocks at 0.034 and got back at 0.029 today . good flip for the day .
Posted by bond006 on :
loaded up and ready for round 2 coming up
Posted by J_U_ICE on :
quote:Originally posted by bond006: loaded up and ready for round 2 coming up
I'm loaded and ready to fly again also
Posted by Schwabie on :
Today’s Price Performance as of 9:45am EDT, 8/29/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.028 Last Price 0.0025 -8.07% Today’s Change $0.03 Today’s Open 5,076,530 Above Avg. Today’s Volume
Posted by Schwabie on :
Still going down...
Seems people are dumping slowly...
Today’s Price Performance as of 11:11am EDT, 8/29/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.027 Last Price 0.0037 -11.94% Today’s Change $0.03 Today’s Open 12,820,013 Average Today’s Volume
Posted by madmax526 on :
Schwabie, still a ways off from .01 isn't it?
Posted by Hitman on :
XKEM released a neg financial report this morning also if you check SEC.... the insiders have all been selling not buying.... I will buy when it drops below .018 wil b a bargin
Posted by Schwabie on :
I don't get it..
WHERE IS EVERYONE THAT WAS BASHING ME?
Oh wait... I was right yet again...
Posted by madmax526 on :
that financial report is old...it's from last monday....
Posted by Schwabie on :
quote:Originally posted by madmax526: Schwabie, still a ways off from .01 isn't it?
Read first then talk... read ALL my previews posts. All are ACCURATE. BELOW IS JUST AN EXAMPLE.
quote:Originally posted by Schwabie: I will say it again...
quote:Originally posted by Schwabie: Duh... its a bottom play being pumped out the waazoooooo. We've all made money but just don't get caught holding the bag ! Protect your investment ALWAYS !
____________
So quiet here.. what no more insults toward me ?
I never said sell. Please find a post where I said that. I said it was being pumped and that it if it wasn't being pumped it would have broken through the .02 support resistance.
When the pump started going well Friday (46 million volume) . All I said was to protect your investment because you never know when the DUMP will come. I even said it was a good close.
What happens now to all those people that bought in at .034 .035 if they stop pumping it? BAGHOLDERS. I am not saying they have stopped pumping it. Just an FYI...
Today’s Price Performance as of 12:39pm EDT, 8/28/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.031 Last Price 0.0020 +6.78% Today’s Change $0.03 Today’s Open 60,466,137 Above Avg. Today’s Volume
Posted by Hitman on :
wow.. if it is old .. it just showed up at yahoo.com as Edgar Online dated 08/29/06 must b an error of sort?
Posted by money 76 on :
i don t see no dump as yet . stock went up over 45% combined both days and its back 9% down.
thats only correction.
from where did u come with that dump scenario . i have no idea
Posted by Schwabie on :
Wait until they stock pumping completely....
Posted by money 76 on :
so r they pumping now or dumping .
make urself clear.
Posted by Schwabie on :
I am clear. Maybe it is you that is uncertain?
My views are clearly posted above.
Posted by dollar13 on :
ho yes L2 looks like we are going to have a run here Posted by Schwabie on :
Today’s Price Performance as of 2:12pm EDT, 8/29/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.026 Last Price 0.0045 -14.52% Today’s Change $0.03 Today’s Open 20,734,870 Below Avg. Today’s Volume
Posted by Schwabie on :
quote:Originally posted by JohnDoe:
quote:Originally posted by Schwabie: I am clear. Maybe it is you that is uncertain?
My views are clearly posted above.
Don't waist your time bro,most of these ppl are a bag holder..especially dollar13 the guy is a moron keep on pumping this so the newbie would buy it.NEWBIES stay away from this stock too much dilution on this.
Sounds good. I am done here.
-END FEED
Posted by Absolut_Swing on :
It's not a pump and dump. It bounced off its .02 200 day moving average. MACD's turned up too. It might resume the uptrend. You neva know.
Posted by T e x on :
OK, kidzzzz...
the stock or the company, eh?
Posted by Leslie C on :
Not all profit taking today for XKEM. Looks like others have their hands in the pot. Dilution or not, people are still buying.
long time due for a run.
Posted by imapoorcollegestudent on :
quote:Originally posted by Leslie C: Not all profit taking today for XKEM. Looks like others have their hands in the pot. Dilution or not, people are still buying.
thanks for that info , i hope than nobody start calling you a pumper , because so far that is what they call me here for being posting often
LOL
THANK FOR FOR YOUR INFO Posted by madmax526 on :
Dollar, well I have seen you in here pretty much having conversations with yourself...if that's pumping than I'm not a pumper...lol..don't worry about what others say as long you're comfortable with your investment..XKEM long and strong, it'll pay off again one of these days...hopefully sooner than later though..
Posted by dollar13 on :
you got that right talking to my self Posted by dollar13 on :
MAD you just have been rating from DOLLAR13 Posted by dollar13 on :
I have seem some other boards here with a lot of member in it , and the PPS of the stock don't even move to a 50% up for a cheap profit, i wont say no stocks names but if you been watching you would know .
JUST A THOUGHT
GOOD LUCK TOM.. XKEMers
Posted by madmax526 on :
thanks Dollar...talk to you tomorrow..
Posted by dollar13 on :
I HOPE mm NITE help us TOM...
LOL
good NITE
Posted by Apollyon on :
XKEM upticking hard from .025 --> .029 buys coming in!
Posted by Apollyon on :
Now is the time, upticked again .03 News expected to send this to .04 IMO!
Posted by Fuzzy1018 on :
somethin' may be up, any pending news?
Posted by Apollyon on :
quote:Originally posted by Fuzzy1018: somethin' may be up, any pending news?
Yeah, it's going to be pumped and run to .04 on other boards.
Posted by money 76 on :
oh yeah by next week we should see that 4.s and 5/s
good luck xkemers
Posted by bond006 on :
Our day is coming again fellas don't listen to any basher or negitive person we have the only safe treatment for scd and more drugs in the pipe line and that is a fact and no pump.
If we hold we will all be greatly rewarded this can't be held back forever I have taken a lot of time from the computer and I will take more if need be but I won't sell at any where near these levels. glta
Posted by dollar13 on :
VETS anything to say about this FORM??
Posted by money 76 on :
Dear Stockholder:
Our annual stockholders' meeting will be held on October 24, 2006, at 10:00 a.m. eastern daylight savings time, at our corporate headquarters at the New Brunswick Technology Center, 100 Jersey Avenue, Building B, Suite 310, New Brunswick, New Jersey 08901. At our annual meeting, we will ask you to:
o elect three nominees as directors to serve until the next annual meeting of stockholders and until their respective successors are elected and qualified;
o ratify the selection of Moore Stephens, P.C. as our independent registered public accounting firm for 2006;
o approve the adoption of the 2006 Stock Award Plan authorizing the grant of options to purchase 150,000,000 shares of our common stock;
o approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 1,950,000,000 to 5,000,000,000, and
o transact any other business that may be properly presented at the annual meeting.
If you were a stockholder of record at the close of business on September 12, 2006, you may vote in person at the annual meeting and any postponements or adjournments of the meeting. A list of these stockholders will be available at our offices before the annual meeting.
Please sign, date and promptly return the enclosed proxy card in the enclosed envelope, so that your shares will be represented whether or not you attend the annual meeting.
By order of the Board of Directors,
Ramesh C. Pandey, Ph.D.
Posted by money 76 on :
approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 1,950,000,000 to 5,000,000,000, and
this doesnt look good 5 billion 0/s no way.
Posted by dollar13 on :
all those are only options ...
Posted by dollar13 on :
it doesnt mean that is what is going to be
Posted by dollar13 on :
whatever votes from the most of the share holders ...
choose your better option of all those above
[ August 31, 2006, 22:57: Message edited by: dollar13 ]
Posted by money 76 on :
ok thats good
Posted by Bearclaw on :
No worries IMO...If they need the extra 3+ bil AS then that's fine...I want full production as soon as possible no matter what that takes...If increasing the AS will help us stay on schedule then have at it...IMO
Posted by Redwinger on :
Not looking good ... 5 Billion shares they want? Shouldn't the sales of Nic. give them enuff capital to build whatever they need? So it takes a year or so to get that capital from the sales... better than diluting our shares
Ohh well... guess I am holding even longer now. Bah
Posted by bond006 on :
In my opinion it is either an r/s or an increase this is better
Posted by bond006 on :
Nigeria introduces two sickle cell drugs at WHO summit From Collins Olayinka, Addis Ababa, Ethiopia NIGERIA yesterday received a rousing ovation from the rest of the African continent when she presented two locally manufactured drugs for sickle cell anaemia to the World Health Organisation (WHO) Regional Committee Meeting in Addis Ababa, Ethiopia.
This came two days after she faced international embarrassment for her alleged inability to halt the spread of the polio virus.
The two drugs the country introduced to the 56th session of the WHO meeting are Nicosan and Sikilafit. Both drugs are manufactured by Nigerian indigenous companies.
The country's Health Minister, Prof. Eyitayo Lambo, who presented the drugs to the international community ascribed them to the determination to look inward for a solution which was influenced by the fact that between four and five million Nigerians are still bearing the burden of sickle cell anaemia.
"Sickle cell disease is said to affect between four and five million Nigerians with a great number of people carrying the traits. This makes Nigeria the country with probably the greatest burden," he added.
He explained: "The National Institute for Pharmaceutical Research and Development (NIPRD) has developed a phyto-medicine product for the management of the disease. The recipe for the drug was obtained from a traditional medicine practitioner.
"The research institute first used the product in the original form in which the traditional medical practitioner provided it and made an assessment of its invitro anti-sickling properties that showed that the preparation possessed the ability to reduce the sickling tendency of red blood cells.
"The research institute then carried out many years of study on the plant materials to determine the right method of extraction and the preparation. Later, the relative quantities of the ingredients were adjusted in various studies in order to optimise pharmacological activities, materials and production processes," he explained further.
The health minister stressed that various stages of clinical trials were performed in humans to demonstrate the safety and efficacy of the drug and that clinical observations showed that Nicosan (the drug) is very effective in the management of sickle cell disease.
Lambo added that the drug was launched last month by President Olusegun Obasanjo and it was being produced locally for the Nigerian and West African market, adding that the manufacturers of the drug-Xechem Nig. Ltd had obtained an orphan drug status for the drug in the United States (U.S.).
He further disclosed that traditional medicine practitioners in Nigeria were making giant strides as they had produced another drug called Siklafit.
Siklafit is manufactured and marketed by Neimeth Nig. Ltd, another pharmaceutical company in Nigeria.
"Research in NIPRD has shown that other recipes brought in by traditional healers may be equally very effective when Research and Development (R&D) on them are completed," the Minister said yesterday.
Lambo declared that from the country's experience, it was believed that public-private partnership aimed at supporting basic and transnational research would produce more therapeutic agents from African /Traditional medicines for the management of sickle cell disease.
He, however, advised governments in the region, international donors and United Nations (UN) agencies particularly WHO to see sickle cell as a neglected disease whose management would require effective partnership. The partnership, he maintained, would be between researchers and donor agencies/ governments, stressing that there was the need to mobilize adequate funds for basic and applied research in the area.
South Africa and Uganda delegates specifically paid glowing tributes to Nigeria for the feat. But they also urged the country to do more in the area of research and also extend such efforts to effectively checkmating malaria, which is described as a disease that is more synonymous with the African continent.
The sickle cell anaemia is generally referred to as the Black man's disease because of its preponderance among people of African origin.
It is believed to have been wiped off or checkmated in Europe and other developed economies but the scourge still afflicts the African continent, bringing pain and sorrow to millions.
Lambo also told the gathering that the Nigerian government has so far established 185 HIV counseling sites, 235 Prevention of Mother To Child Transmission (PMTCT) and 115 Antiretroviral Therapy sites to halt the spread of the deadly HIV/AIDS in the country.
"Again, almost 100,000 patients are on treatment free of charge with the plan to scale up to at least 150,000 by the end of this year and 300,000 by the end of next year. We are looking into subsidising patients who are on ART since the cost to them is still prohibitive and this affects compliance and treatment," he explained.
He further disclosed that most positive pregnant women receive free ante-natal as well as six weeks post-natal care after delivery at all the Federal Government facilities. He added that Nigeria is also adopting a community-based approach in its HIV/AIDS programmes.
Lambo disclosed that eight drug manufacturers have begun local manufacturing of antiretroviral drugs locally.
On the low level of immunisation in Nigeria, the health minister said a series of steps have been taken to redress the situation.
One of these, according to him, is the adoption of a strategic plan on strengthening routine immunisation 2006-2009, which is in line with the Global Immunisation Vision and Strategy (GIVS).
Statistics, he said, have revealed that immunisation has increased from 37.5 per cent in December 2005 to 50 per cent by June 2006 and that government has set 65 per cent target by the end of 2006.
He also said measles morbidity and mortality have decreased in the three Northern zones following the December 2005 accelerated measles campaign which is also planned for the three Southern zones from October 3 to 9, 2006 with free distribution of insecticide treated nets as one of the major components that is expected to accompany the campaign.
He, therefore, solicited more technical and funding support from WHO and other development partners, especially in the areas of vaccines, logistics management, injection safety, data management/monitoring and evaluation.
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Posted by Schwabie on :
Bring on the 5 B I L L I O N O/S
You guys can handle it cuz I sold out completely at .035 / .034 /.032
CONGRATZ TO ALL THE NEW BAGHOLDERS !
Posted by Schwabie on :
LOD .024 !
.025 * .025
Posted by 32counter on :
Wow, you are the man swabie. you certainly showed everybody
Posted by Schwabie on :
.023 LOD !
Posted by IMAKEMONEY on :
Schwabie Member- leave them alone,lol
Posted by Mambo7 on :
going up again
Posted by Schwabie on :
quote:Originally posted by IMAKEMONEY: Schwabie Member- leave them alone,lol
LMAO
Posted by IMAKEMONEY on :
Posted by BooDog on :
waiting for .013 any bets?
okay, one hit at .013 by Nov 15th.
Posted by kilikili on :
big buys going through
Posted by dollar13 on :
nice it's coming back up
LMAO
Posted by dollar13 on :
NICE close
MM's grab all those shares sold today.
"i still have all my shares"
LMAO
Posted by money 76 on :
quote:Originally posted by Schwabie: Bring on the 5 B I L L I O N O/S
You guys can handle it cuz I sold out completely at .035 / .034 /.032
CONGRATZ TO ALL THE NEW BAGHOLDERS !
i infact see some green end of the day . what are u talking about schwabie
i am in doubts about u.
Posted by dollar13 on :
Some people are pretty good here,to bring the panic into XKEM board.
i just ignore them.
Posted by madmax526 on :
Schwabie, didn't know that professional A-hole was an actual occupation....IMO if the company has the balls to be asking the shareholders for this type of increase in the A/S then they must be assuming we're going to be a bunch of happy campers by the time October 24th comes around...if w're still at these levels then there is no way the shareholders will approve this increase...I think we're still solid guys...bashers like Schwabie will use this increased A/S vote to scare weak hands out, what other interest would he have in just coming here doing what he does...but remember it's just a vote, it's not happening unless the shareholders let it happen..
Posted by dollar13 on :
Our annual stockholders' meeting will be held on October 24, 2006, at 10:00 a.m. eastern daylight savings time, at our corporate headquarters at the New Brunswick Technology Center, 100 Jersey Avenue, Building B, Suite 310, New Brunswick, New Jersey 08901. At our annual meeting, we will ask you to:
o elect three nominees as directors to serve until the next annual meeting of stockholders and until their respective successors are elected and qualified;
o ratify the selection of Moore Stephens, P.C. as our independent registered public accounting firm for 2006;
o approve the adoption of the 2006 Stock Award Plan authorizing the grant of options to purchase 150,000,000 shares of our common stock;
o approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 1,950,000,000 to 5,000,000,000, and
o transact any other business that may be properly presented at the annual meeting.
If you were a stockholder of record at the close of business on September 12, 2006, you may vote in person at the annual meeting and any postponements or adjournments of the meeting. A list of these stockholders will be available at our offices before the annual meeting.
Please sign, date and promptly return the enclosed proxy card in the enclosed envelope, so that your shares will be represented whether or not you attend the annual meeting.
By order of the Board of Directors,
Ramesh C. Pandey, Ph.D.
I like this Option better than the 5B o/s increase
o approve the adoption of the 2006 Stock Award Plan authorizing the grant of option to purchase 150,000,000 shares of our common stock Posted by money 76 on :
schwabie didnt expect the green on friday .
thats why we see no reply from him .
may be he cant bash it anymore
Posted by money 76 on :
quote:Originally posted by BooDog: waiting for .013 any bets?
okay, one hit at .013 by Nov 15th.
yeah rite nov 15th but may be on nov 15 2010.
hehe.
no way stock can reach to that level . i see it go up to 0.13 cents and then soon to dollar level.
Posted by dollar13 on :
No chit MONEY76, "0.13" we are going that way soon i can feel it .
Ignore those paid BASHERS coming to this board ,with out provide nothing against the stock.
""their eyes are BROWN ...LMAO""
Posted by PaliMike on :
Money76 you are a basher, you make all these claims of the stock crashing, and now you predict it is going to go to a dollar. Shady
Posted by bond006 on :
Date:9/2/2006 12:01:03 PM Post #of 43997
Nigeria: WHO Applauds Nigeria for Sickle Cell Anaemia Drugs
Nigeria First (Abuja)
September 1, 2006 Posted to the web September 1, 2006
Abuja
Nigeria has been applauded for developing two drugs for the treatment of sickle cell anaemia.
She received the stimulating ovation on August 31 in Addis Ababa, Ethiopia when she presented drugs, developed and manufactured by Nigerian indigenous companies, to the 56th session of the World Health Organisation (WHO) Regional Committee Meeting.
The two drugs are Nicosan and Sikilafit.
In his address to the session, Health Minister, Prof. Eyitayo Lambo, credited the drugs to the resolve of Nigeria to look inward for a solution. He said, "sickle cell disease is said to affect between four and five million Nigerians with a great number of people carrying the traits. This makes Nigeria the country with probably the greatest burden."
The recipes for both drugs were obtained from traditional medicine practitioners. The final product is as a result of public-private partnership.
President Olusegun Obasanjo launched the drugs in August.
wow... dollar13 the futures charts at the website are the best I have seen on a free basis.... I may trade some futures shortly if I can find a good commity at an all time low.... Thanks for sharing gr8 job :} I studied Futures trading b4 I learned the stock market..... Lots of risk there and you can loose lots more money than you invest, if the market moves the wrong way.... Thought about Options on the commity market, but there are so many price ranges of the options and if you dont pick the option that ends up having good volume... then you still may not make money.... so FUTURES will b my choice..Thanks Lots
Posted by madmax526 on :
Money, what the hell are you talking about now?
Posted by bond006 on :
************ picked Xkem as one of there picks this month
Home | Recommend | Scoreboard | Previous Picks | Books | Search | Contact Us
************ looks under the rocks to find those little stocks with the potential to make the BIG moves. ************ screens NASDAQ, NYSE, AMEX, and OTC stocks trading under $1. These stocks offer the speculator considerable leverage. It is not uncommon for these stocks to make moves of 30%, 50%, or more. Please read our disclaimer before trading in any stocks mentioned on this Website ... Here's the ************ Report for June 2006:
************ Watch
Here are some stocks we are watching closely!
Our next pick will be 9/4/06!
PTSC
XKEM
DIMEZ
PLNI
AACS
************ picks 3 speculations for Summer 2006....
Patriot Scientific Corp. (OTCBB: PTSC)
Shares of microchip patent-holder Patriot Scientific Corp. soared as much as 50% in trading Friday after the company's joint-venture partner, The TPL Group, announced it had signed a licensing deal with Japanese electronics giant Sony Corp. (NYSE:SNE). The patent portfolio, marketed as the Moore Microprocessor Patent(TM) Portfolio, contains intellectual property that is jointly owned by Patriot Scientific Corp. (OTCBB: PTSC) and the privately held TPL Group. The portfolio encompasses ten U.S. patents as well as European and Japanese counterparts. Both TPL and Patriot assert that their jointly owned patents protect techniques used in designing microprocessors, microcontrollers, Digital Signal Processor (DSPs), embedded processors and System-on-Chip (SoC) implementations. The MMP Portfolio is exclusively managed by Alliacense, a TPL Group enterprise. Global sales of end products deploying chips using technologies protected by the jointly owned patents are estimated to be greater than $200 billion annually.
The validity of the MMP Portfolio has gained substantial momentum since computer chip makers Intel and AMD purchased MMP licenses last year. In addition to Friday's Sony signing, Hewlett-Packard, Casio Computer and Fujitsu have purchased MMP system licenses in 2006. TPL believes that the intellectual property protected by the MMP Portfolio is used in a wide variety of end-user products including personal computers, servers, workstations, home theater systems, digital TVs, video games, DVD Recorders/Players, mobile handsets and automotive electronics.
Shares of PTSC closed at $1.37 on Friday up 35 cents on the day. On Monday, look for shares to break the 52 week high of $2.25 as news of the Sony signing becomes more widely known.
Xechem International, Inc. (OTCBB: XKEM)
Shares of XKEM were up 45% Friday in heavy trading on news that its Nigerian subsidiary, Xechem Pharmaceuticals Nigeria Ltd. (Xechem Nigeria), has successfully closed on a N150 Million Naira ($1.2 million) loan from the Nigerian Export-Import (NEXIM) Bank. Xechem International, Inc. is a development stage biopharmaceutical company whose focus and resources are currently being primarily directed toward the development and commercial launch of NICOSAN (to be marketed as HEMOXIN in the United States and Europe). The drug has shown efficacy in the prophylaxis management of Sickle Cell Disease (SCD).
Dr. Ramesh Pandey, Chairman and CEO of both Xechem International and Xechem Nigeria stated the money received by Xechem Nigeria is to be used primarily to facilitate the expansion of its facility for the commercial scale production of NICOSAN.
Xechem Nigeria has submitted its Drug Master File (DMF) dossier with Nigeria's drug regulatory agency, the National Agency for Food and Drug Administration and Control (NAFDAC), seeking full registration for NICOSAN. It is currently awaiting final word from that agency on its submission. Subject to the necessary approvals, Xechem has indicated that it would like to launch the drug in Nigeria by early July 2006, and shortly thereafter to embark on the clinical trials in the U.S. hospitals for FDA approval through the Investigational New Drug (IND) Application for sale of the drug in the United States.
XKEM closed Friday at 1.6 cents with 84 million shares traded.
************ first looked at DIMEZ back in April 2005 when the Anchor Savings Bank vs United States case was being litigated in Federal Court. It looked like it had 10 bagger plus potential back then and we believe it still does. So what is this all about?
The lawsuit was filed against the United States government way back in January of 1995 by Anchor Bancorp, which later merged with Dime Bancorp. Between 1982 and 1985, Anchor acquired 8 failing savings and loan operations. Four of the acquisitions involved financial assistance from the Federal Savings and Loan Insurance Corporation (FSLIC). Liabilities in these transactions exceeded assets by $650 million. Anchor alleged that FSLIC agreed that this sum could be recorded as goodwill, and that Anchor would not have made the acquisitions if this had not been the case.
Enacted in 1989, the Financial Institutions Reform, Recovery, and Enforcement Act required that the aforementioned goodwill be eliminated immediately. The company argues that this action placed severe restrictions on its activities and forced the company to sell valuable assets under liquidation-like circumstances.
Washington Mutual (NYSE: WM) bought out Dime Bancorp several years ago and inherited Dime Bancorp's lawsuit. The DIMEZ financial instruments are termed warrants, but in fact, are more akin to rights. They offer the buyer an opportunity to receive common stock if a particular event not related to price of the common stock occurs. There is no exercise price, nor is there a definitive expiration date... the warrants expire shortly after litigation has been concluded. The warrants offer purchasers the opportunity to receive 85% of a settlement after taxes and lawyers fees have been taken out. The warrants trade as DIMEZ, although the underlying stock for the warrants is Washington Mutual (NYSE:WM).
The number of shares of Washington Mutual that a holder of the DIMEZ warrants is entitled to after settlement of the litigation is difficult to determine and is dependent on several variables. The trial itself was concluded in July 2005 and we are awaiting the court's decision. The court could award anything from $0 to $983 million. If the judge were to award the maximum amount, it would make the DIMEZ warrants worth somewhere between $7 and $8 …or over 40 times the 17 cents that they closed at on Friday! Far fetched you say? Well, in another S&L breach of contract lawsuit filed against the U.S. government, that of Glendale Federal Bank, Chief Judge Loren A. Smith found that the government was liable for $908.9 million in damages!
Of course, you could also receive nothing. In the event that the court does not award damages, the warrants would be worthless. It is a crap shoot. Don't wager more than you can afford to lose. Shares of DIMEZ were trading around 16 cents at last look.
Well, all right, that's it for now… place your bets, sit back and relax. Remember, this is speculation not investing and quite often we get rewarded BIG for taking a chance…
************.com does not receive compensation from companies we profile or from third parties... we never have and never will. We use our own money when we buy stocks, and even though we usually take a position in a stock before we profile a company, our purchases are small relative to the public float so that the effect on the stock price when we buy or sell is minimal. Please read our full disclaimer.
Also, contrary to a commonly held belief, ************ does not have access to insider information, nor do we want to because trading on insider information is illegal! All information contained in our reports is available in the public record... and any written or verbal communication with company CEOs/IR people strictly adheres to this rule. Readers are urged to read the company SEC filings and do their own due diligence before investing in this or any other stock.
Good Trading... ************
Posted by bond006 on :
Agood repost
Posted by: keepthfaith In reply to: PokerVertigo who wrote msg# 44045 Date:9/3/2006 2:34:35 PM Post #of 44116
Just stopped in for a moment on this holiday weekend. Fwiw, I spoke at length to Howard Becker on friday. The impression he left was that their alternative to increasing the a/s wouldve been a r/s, which he made clear they are in no way considering. He made the point that they would want the flexibility of possibly using those shares down the road if the company's future was at stake (meaning if for some reason the loans didnt come thru), and that with the loans very likely going thru, most of those newly authorized shares wouldnt be needed except as part of compensation packages for new executive hires. Howard's point was also that this could only be voted on once a year (at the annual meeting) so this was the time when it had to be done. Howard has always been a straight shooter with me, and generally understated (as opposed to my feelings re. Burg). So I do believe what he has to say has merit. Personally, I also have no qualms about the timing of the announcement. If this had to come out, I'm glad it has come PRIOR to any good news out there. I believe the weak hands sold early on friday, and then I think what we began to see friday afternoon was people beginning to realize that there are likely no other shoes to drop, with only positive carrots out there. Just my opinion, but I'm very okay with the response I got to my concerns.
Posted by dollar13 on :
Commercial distribution of local sickle cell drug begins
September 4th, 2006
Xechem Pharmaceuticals Nigeria has been given the mandate to market a drug produced locally to combat sickle cell. The drug, Nisprisan, was found and developed by the National Institute for Pharmaceutical Research and Development.
Director-General of NAFDAC, Dora Akunyili made this known in a paper she delivered on ``Sickle Cell Disease: Challenges and Control.'' The paper was presented in Awka on Thursday at this year's African Sickle Cell Day organized by the Orient Sickle Cell Foundation.
``The drug has since been registered by NAFDAC and is now being distributed commercially by Xechem Pharmaceuticals Nigeria as `Nicosan','' she said.
Akunyili said the development was a step in the right direction and urged people suffering from sickle cell not lose hope because theirs was not a hopeless situation.
``I want to remind sickle cell patients that they should disbelieve the impression that they are unlikely to reach adulthood, much less middle or old age.
I encourage you to put in the best of your effort in whatever you do as current researches have proved otherwise. You can live to adulthood with the right medication, '' she said. The director-general said sickle cell was a big challenge to Africans, especially Nigerians who, she said, had the largest population of sickle cell sufferers.
``Sickle cell is not going to go away unless concerted efforts are made by all stakeholders to combat it.
A national programme implemented for this purpose will certainly generate organizational skills and insight, which will be valuable in the execution of other health care initiatives,'' she added. She suggested that the management of sickle cell anaemia should be based at the primary health care level, with emphasis on programmes that could reach more people using affordable technology.
Akunyili assured Nigerians that the agency would always ensure the quality, safety and efficacy of drugs used in the management of sickle cell.
quote:Originally posted by Schwabie: Bring on the 5 B I L L I O N O/S
You guys can handle it cuz I sold out completely at .035 / .034 /.032
CONGRATZ TO ALL THE NEW BAGHOLDERS !
LOLZ...hahahahaha and check this quote out by mr almighty
quote:Originally posted by dollar13: NICE close
MM's grab all those shares sold today.
"i still have all my shares"
LMAO
hahahahahahaha sorry i can't help it!!!!
Posted by dollar13 on :
another basher on board DAMN
Posted by JohnDoe on :
quote:Originally posted by dollar13: another basher on board DAMN
you know i love you. Posted by GreenDay on :
another boring day here I see
Posted by money 76 on :
need one loan pr soon to give a boost.
waiting for a big run.
Posted by bond006 on :
This will be boring from now until things get settled we know now that an r/s in not going to happen
loan shows credability more than no dilution
In crease in a/s shows good business sense if you need money it is there
building of a larger factory and maybe one more. The business plan is now set and the future is more secure that anytime in this company's history i am confident but it is just a waiting game now until investors see the path and plan., A year from now investers will say I can't believe this was a .02 stock. IMHO
Posted by Pinks=$$ on :
Question...what is shakerzz??
Posted by GreenDay on :
shakerzz is a guy - part of a group - that buys and sells stocks quickly. They play this stock sometimes and it may cause a price increase then decrease.
I can't believe we have been waiting for the loan news for so long.... I sure hope it comes soon. I hate seeing under 3 cents.
Posted by Pinks=$$ on :
thank you greenday
Posted by madmax526 on :
Xechem will be presenting and will have a booth at the Sickle Cell Disease Association of America national conference which will be held September 27 - 30, 2006 at the Hyatt Regency Hotel in Dallas. Pandey will reportedly be making a presentation about Nicosan on the Friday the 29th...This has been confirmed through the SCDAA by multiple posters on other boards. Now we all need to push Steve Burg to PR this event. It's free exposure for the company here in the US and needs to be PR'd....we need this while we patiently await the two loans......
Posted by dollar13 on :
quote:Originally posted by madmax526: Xechem will be presenting and will have a booth at the Sickle Cell Disease Association of America national conference which will be held September 27 - 30, 2006 at the Hyatt Regency Hotel in Dallas. Pandey will reportedly be making a presentation about Nicosan on the Friday the 29th...This has been confirmed through the SCDAA by multiple posters on other boards. Now we all need to push Steve Burg to PR this event. It's free exposure for the company here in the US and needs to be PR'd....we need this while we patiently await the two loans......
Numerous people called the foundation today and confirmed that Xechem would be there and that Pandey would be speaking...should be some great exposure...if you want the phone number it should be on the website..if not I can find it for you..
Posted by dollar13 on :
pretty good MAD Posted by cactus33 on :
almost time to jump in heavy...
Posted by cactus33 on :
Buying pressure !
Posted by cactus33 on :
there it goes, lol
Posted by cactus33 on :
Just a little more pressure and this could be the start of good things..
Posted by doling2005 on :
I agree cactus33. I am back in for the big US event Posted by madmax526 on :
I smell another nice afternoon run here today.. gotta love Friday runs...the SCDAA conference will be great exposure for us..
Posted by cactus33 on :
Ive been buying all day..
Posted by madmax526 on :
Posted by: transam73wi In reply to: None Date:9/8/2006 12:53:14 PM Post #of 45330
I have comfirmed (for myself) that Xechem will indeed be presenting at the 34th Annual SCDAA conference on Friday Sept. 29th from 4:00 p.m. to 5:00 p.m. as part of the "Simultaneous Sessions". Also, they will be participating in the "Plenary Panel" hosted by the Children's Hospital of Philadelphia at 8:30 a.m.
It will be Dr. Pandey that will be speaking.
1-800-421-8453; Sterling
WE MUST GET XKEM TO PR THIS.............. anyone?
I asked if you had to be a member of one of the member organizations to attend, and he said no, I would have to pay the full registration price even just to attend these two sessions. But an average Joe like me is welcome and encouraged to attend.
Also, they must have known about this all along, becuase the deadline to present was June 16th, 2006 Hmmmmmmmmm
SICKLE CELL DISEASE ASSOCIATION OF AMERICA, INC. 34th Annual Convention CALL FOR ABSTRACTS
Authors interested in presenting data should submit an abstract using the form in this program. All approved abstracts will be published in the final program to be distributed to attendees of the conference.
Acceptance notification and further instructions will be e-mailed on July 28, 2006. All correspondence will be sent to the name and e-mail address on the abstract form.
DEADLINE: Friday, June 16, 2006
Posted by madmax526 on :
Posted by: keepthfaith In reply to: transam73wi who wrote msg# 45326 Date:9/8/2006 12:59:18 PM Post #of 45330
It has also NOW been confirmed by Steve Burg. He also told me that he's trying to contact Dr Pandey, in order to put out a pr about his upcoming presentation. Steve's exact words were that "there has been an outcry from shareholders" for more info. Good job to those among us who have called him in the past day or two. Keep up the calls and phone messages, as the pr isnt a done deal until it's out.
Keep
Posted by doling2005 on :
Next week will be even better for this stock IMO
Posted by cactus33 on :
should finish strong.
Posted by doling2005 on :
how does this volume compare to average cactus?
Posted by cactus33 on :
The Big Money managers on Wall St are returning from their summer Vacation THIS WEEK!
They are looking for OTCBB stocks with huge potential and XKEM is one of them. XKEM has experienced tremendous Money Flow this 3rd Quarter [w/ $31,000,000.00 trading in one day recently, THAT'S HUGE FOR A PENNY STOCK!!!]
The Hedge Fund Managers are going to exploit, manipulate and INFLATE XKEM's pps, volume and Money Flow returning >5,000% profit for new buyers under 3cents.
The brief 200% spike-up in June for XKEM is only a fraction of what is ABOUT TO TAKE PLACE!!!
The 'Shorts' have squeezed Main St Longs who paid 6, 7, 8,9,10 and 11cents and many of those Main St sheep are selling and/or sold recently taking a 70% hair-cut on their investment.
XKEM is poised to have the similar rally that PTSC had in Q-1 '06 rising from 7cents to near $2.00 in 3 months time.
Folks this XKEM product; NICOSAN/HEMOXIN, which has received United States Food and Drug Administration (FDA)-designated orphan drug status as the first definitive therapy for sickle cell disease (SCD) and it has what it takes to get the Hedge Fund Managers ATTENTION!!!
Buy and Hold until Christmas and you'll all thank me. btw, MERRY CHRISTMAS!!!
Ps another trading fact that few Main St investors are privy to is that OTCBB 4th Quarter volume is on average the highest in order for the Hedge Funds to show their Millionaire clients HUGE % GAINS for the end of the year tax returns.
YOU can now join the once exclusive Wall St Millionaire Club or watch the rich get richer, YOU DECIDE!!!
Posted by cactus33 on :
i thought this would do better today. theres tomorrow. nice post max
Posted by madmax526 on :
I'd be happy if there was even 10% truth to that...we'll just have to wait and see....it would definitely be a nice Christmas present for all of us..lol
Posted by madmax526 on :
Xechem Chairman, Dr. Ramesh Pandey, to Present NICOSAN(TM) Story at 34th Annual SCDAA Conference in Dallas Business Wire - September 12, 2006 07:30
NEW BRUNSWICK, N.J., Sep 12, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (OTC BB: XKEM) announced today that its Chairman and CEO, Dr. Ramesh C. Pandey, has accepted an invitation to make a presentation on NICOSAN(TM), the Company's promising new sickle cell drug, at the Sickle Cell Disease Association of America's (SCDAA) 34th Annual Conference. The Conference will be held at the Hyatt Regency Hotel in Dallas, Texas, September 27th through September 30th, 2006. More than 500 physicians, researchers, scientists, nurses and others in the medical community from throughout the country and around the world are expected to attend the Conference, which is also expected to draw a number of sickle cell patients and their family members.
Dr. Pandey will speak as part of a Special Panel entitled "Treatment Options and Clinical Trials" on "The Nigerian Experience in the Development of a New Anti-Sickling Natural Herbal Drug." The Company will also set up a poster presentation during the Conference that will afford Xechem the opportunity to present to delegates the credible scientific and medical data that demonstrate both the efficacy and non-toxicity of NICOSAN(TM) (named HEMOXIN(TM) in the US).
According to Dr. Pandey, "It is a fortunate coincidence that this prestigious conference is being held so soon after NICOSAN(TM) was approved by Nigerian drug regulators, National Agency for Food and Drug Administration and Control (NAFDAC) and launched in Nigeria for sale on July 6th, 2006, by His Excellency, Chief Olusegun Obasanjo, GCFR, the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria. I look forward to presenting to the Conference delegates a summary of the very positive developments regarding what we feel is a truly historic drug. Given the few treatment options currently available for sickle cell sufferers, and the proven efficacy and safety of this drug, I have no doubt that the presentation will be favorably received by those in attendance."
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn can cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, with an estimated 10 - 12 million sufferers throughout the African continent. Worldwide, at least 16 million individuals are believed to be afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University (VCU).
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
SOURCE: Xechem International, Inc.
Xechem International, Inc. Stephen Burg, 707-425-8855
Copyright Business Wire 2006
Posted by cactus33 on :
Looking good. this wants to bust out in the worst way
Posted by cactus33 on :
.03... C'MON !
Posted by doling2005 on :
quote:Originally posted by madmax526: TTFWIW, not from me but a friend found it on a google finance board...I'll ask him for the link to it later:
The Big Money managers on Wall St are returning from their summer Vacation THIS WEEK!
They are looking for OTCBB stocks with huge potential and XKEM is one of them. XKEM has experienced tremendous Money Flow this 3rd Quarter [w/ $31,000,000.00 trading in one day recently, THAT'S HUGE FOR A PENNY STOCK!!!]
The Hedge Fund Managers are going to exploit, manipulate and INFLATE XKEM's pps, volume and Money Flow returning >5,000% profit for new buyers under 3cents.
The brief 200% spike-up in June for XKEM is only a fraction of what is ABOUT TO TAKE PLACE!!!
The 'Shorts' have squeezed Main St Longs who paid 6, 7, 8,9,10 and 11cents and many of those Main St sheep are selling and/or sold recently taking a 70% hair-cut on their investment.
XKEM is poised to have the similar rally that PTSC had in Q-1 '06 rising from 7cents to near $2.00 in 3 months time.
Folks this XKEM product; NICOSAN/HEMOXIN, which has received United States Food and Drug Administration (FDA)-designated orphan drug status as the first definitive therapy for sickle cell disease (SCD) and it has what it takes to get the Hedge Fund Managers ATTENTION!!!
Buy and Hold until Christmas and you'll all thank me. btw, MERRY CHRISTMAS!!!
Ps another trading fact that few Main St investors are privy to is that OTCBB 4th Quarter volume is on average the highest in order for the Hedge Funds to show their Millionaire clients HUGE % GAINS for the end of the year tax returns.
YOU can now join the once exclusive Wall St Millionaire Club or watch the rich get richer, YOU DECIDE!!!
Nice ready there..patience
Posted by doling2005 on :
I mean nice read there Posted by dollar13 on :
I AM HOLDING HERE Posted by cactus33 on :
FRIDAY, SEPTEMBER 29, 2006 (continued)
2:05 p.m. How to Prevent and Treat Stroke in Persons with Sickle Cell Disease Michael M. Dowling, M.D., Ph.D.
2:55 p.m. Reproductive Issues in Patients with Sickle Cell Disease Cynthia J. Rutherford, M.D.
3:20 p.m. Hydroxyurea: Where We Are and Where We Are Going? Zora R. Rogers, M.D.
3:45 p.m. Questions, Comments, and Wrap-Up George Buchanan, M.D.
3:45 p.m. BREAK Reunion G & H
4:00 – 5:00 p.m. SPECIAL PANEL: TREATMENT OPTIONS AND CLINICAL TRIALS Landmark D
Iron Overload Carole Paley, M.D.
Nigerian Experience in the Development of the New Anti-Sickling Natural Herb Drug Ramesh Pandey, Ph.D. Posted by GreenDay on :
Anyone have any update on loan info?
Posted by madmax526 on :
nothing yet Greenday...but Pandey is back from his trip to Nigeria now..the last loan they got from Nexim Bank of Nigeria wasn't PR'd until about 10 days after it was signed and Pandey had returned to the US...So more than likely if the loan didn't fall through, it should have been signed while he was in Nigeria...hopefully we get it soon..
Posted by cactus33 on :
looking good finally
Posted by imapoorcollegestudent on :
I wonder if this has anything to do witht he anticipation of the conference? seems a little early for a run due to that. I think some of pumpers on Ihub are looking at this one also right now. Looks nice right now!
Posted by cactus33 on :
due for a good day.. lets get over .03 again..
Posted by dollar13 on :
green days started to comeback Posted by BooDog on :
[ September 19, 2006, 07:27: Message edited by: BooDog ]
Posted by cactus33 on :
more buying, i want a big run like last time..
Posted by Redwinger on :
Ya that run to the .11's was a fun ride Posted by BooDog on :
did anyone mention the CR1 restriction from Scottrade? Online buys restricted - have to call to make the order. just fyi
Posted by madmax526 on :
Boodog, I just noticed that too...wonder what that's about?
Posted by BooDog on :
Not sure M8, but they sure know how to piss on a parade, thing is whoever I switch to will probably do the same thing.
Posted by Schwabie on :
NICE VOLUME...
Today’s Price Performance as of 1:06pm EDT, 9/19/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.027 Last Price 0.0010 +3.85% Today’s Change $0.03 Today’s Open 11,696,174 Average Today’s Volume
Posted by madmax526 on :
yep, I'm sick of Scotty too...I can't stand the 1/2% commission...I have heard people say that some of the brokers will put these restrictions on stocks when they have shorted them and are having trouble covering...not sure if there is any validity to that though...this is the first time I have seen this restriction on XKEM in all the time I have been following it...
Posted by BooDog on :
Someone knows, the local branches are not fed the reasons why, only that they are. They have the standard response of suspicious trading activity, some MM failed to do whatever yada yada yada.
Posted by imapoorcollegestudent on :
quote:Originally posted by Schwabie: NICE VOLUME...
Today’s Price Performance as of 1:06pm EDT, 9/19/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.027 Last Price 0.0010 +3.85% Today’s Change $0.03 Today’s Open 11,696,174 Average Today’s Volume
YOU BASHHER YOU!!! LOL Just kidding Posted by madmax526 on :
Boodog, I just got pretty much the same response from my local branch...something isn't right about this...love how someone just picked up 1million and none of the MM's moved off the ask...
Posted by imapoorcollegestudent on :
Ive seen a lot of stocks with restrictions like that. my ameriturd is fine and they dont know anything. probably just a bunch of pissed investors that bought heavy at .11 and lost the farm crying to the broker.. normal protocal.. but, never know for sure.
Posted by madmax526 on :
***************.com is now pumping XKEM...lol..
Posted by BooDog on :
"o approve an amendment to our certificate of incorporation to increase the number of authorized shares of our common stock from 1,950,000,000 to 5,000,000,000, and"
wholly crap!
(3) boodog "holds an option to purchase 5,000,000 shares of our common stock at $0.0025 per share."
it just gets better... "However, it is likely that the amount of common stock that we would issue in any such offering would exceed the number of shares of common stock presently authorized under our Certificate of Incorporation. The board of directors believes it desirable that we have the flexibility to be able to issue additional shares without stockholder approval. Stockholders have no preemptive rights to purchase any shares. We may issue additional shares at such times and under such circumstances as to have a dilutive effect on earnings per share and on the equity ownership of present stockholders" ------------------------------------------- YOUR VOTE IS IMPORTANT. THE PROMPT RETURN OF PROXIES WILL SAVE US THE EXPENSE OF FURTHER REQUESTS FOR PROXIES. PLEASE PROMPTLY MARK, SIGN, DATE AND RETURN THE ENCLOSED PROXY IN THE ENCLOSED ENVELOPE. ----------------------------------------- Don't forget to add up how many votes they hold.
who knows... all this just might prevent a takeover from bristol eh?
[ September 19, 2006, 21:39: Message edited by: BooDog ]
Posted by GreenDay on :
Nice little gain so far today. *.027
Posted by dollar13 on :
start your engines Posted by GreenDay on :
Great START - WHAT's UP???
Posted by dollar13 on :
Posted by cactus33 on :
i dont know but it looks good
Posted by GreenDay on :
anyone know if this being "played" today?
Posted by Redwinger on :
About time, this thing came back to life a bit Posted by madmax526 on :
next week should be fun...
Posted by bksundar on :
GLIF managed to go from 0.03 to 0.085. Why not this ???
Posted by bksundar on :
XKEM: My New Trading Idea XKEM: The stock made my Bottom-Buster list this weekend. Had a nice technical break-out on Friday over the 50 day moving average. .032 is a key level. Looking for 50-100% gains from here. Key support level this week will be .027. Disclaimer: I was not compensated by XKEM the company or by any third-party to talk about XKEM, it is not a buy recommendation or solicitation for the purchase of the stock. Seek professional help if you desire to buy stocks on the OTC BB or pink sheetsfrom someone that is licensed.
Ive ridden a couple of his bottom busters and done well. sounds right with the .032 and key support level at .027...
just have to keep an eye on it, conference is coming up right? that should help get more exposure
Posted by cactus33 on :
looking excellent.. wheres everyone ? lol
Posted by madmax526 on :
cactus, I like the fact that we're moving and nobody is following it much...just gives us a better base for blast off when everyone else decides to jump in.. those south end stock picker clowns are pumping XKEM again...some crazy short term target price over $2 or something...should be an interesting week or two around here...
Posted by cactus33 on :
them again huh, they ran it to .11 last time, i hope they can do it again
Posted by trade04 on :
so um they want to add 5 billion shares huh? that figures....pretty much confirms xkem is going down through CD or something of that nature then...
Posted by cactus33 on :
havent done it yet
Posted by GreenDay on :
This Friday is the day that Dr. Pandy is to speak in Dallas - I think.
Posted by madmax526 on :
copy/paste from poster on another board named Googleaire...TIFWIW
The more I think about the A/S being increased to 5B the more I think its because XKEM management team wants to prevent the Takeover.
The increase in the number of authorized shares of common stock could dilute the stock ownership and voting power sure, [or increase the cost to]; a person/company seeking to obtain control of the company, thereby deterring or rendering more difficult a merger, tender offer, proxy contest or other extraordinary transaction.
Think about it, XKEM works their butt off for ten years only to have a Large-Cap Bio-tech/Drug Co buy them out for a fraction of the Intrinsic value [of a drug THAT WORKS]!!!
ps So how dose the average Main St person make money competing with the wealthy business suits on Wall St? Every single standout investor in history has exhibited one of the following rare traits...
1) The vision to identify a breakthrough product or service. 2) The knowledge to spot a diamond in the rough. 3) The courage to buy and hold when others have sold.
When you have a prospect such as XKEM the 3 intangibles become a perfect storm of OPPORTUNITY in the stock market.
Posted by madmax526 on :
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report: September 19, 2006 (Date of earliest event reported)
XECHEM INTERNATIONAL, INC. (Exact name of registrant as specified in the charter)
Delaware 0-23788 22-3284403 (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.)
New Brunswick Technology Center 100 Jersey Avenue, Building B, Suite 310 New Brunswick, New Jersey 08901-3279 (Address of Principal Executive Offices)
(732) 247-3300 Registrant's telephone number including area code)
NOT APPLICABLE (Former name or former address, if changed since last report)
----------
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
<PAGE>
Item 1.01 Entry into a Material Definitive Agreement.
Please see the disclosure under Item 5.02 herein.
Item 5.02 Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
On Tuesday, September 19, 2006, the board of directors of Xechem International, Inc., agreed to appoint Colonel (retired) Bhuwan C. Pandey as its vice president of international operations. Col. Pandey will receive an annual salary of $250,000, an option to purchase 20,000,000 shares of the company's common stock at $0.026 per share and customary vacation, severance, health and other benefits. Col. Pandey is the brother of Dr. Ramesh Pandey, the company's CEO, CFO, chairman and president.
Col. Pandey joined our subsidiary, Xechem India Pvt. Ltd., in 1993 as the managing director and member of the board of directors. Col. Pandey joined Xechem Pharmaceuticals Nigeria Ltd. on its inception in 2002 where he served as general manager. He is also a non-voting member of the board of directors of Xechem Pharmaceuticals Nigeria Ltd. and Xechem India Pvt. Ltd. A graduate from India Military Academy, he has a distinguished career in the Armed Forces of sovereign Republic of India. He served with the coveted regiment of Gorkhas, was awarded the PURPLE HEART and was recognized by the President of India and awarded the Army Medal (Sena Medal) for valour and selfless devotion to duty beyond the call and nature of service.
Col. Pandey received compensation for services performed for Xechem International, Inc. and Xechem Pharmaceuticals Nigeria Ltd, in the amount of $170,685 in 2004, $124,683 in 2005 and $125,000 in 2006. From 2004 through 2005, he received options to purchase 15,000,000 shares at $0.03 per share in 2004 and an option to purchase 500,000 shares at $0.07, and a warrant to purchase 5,000,000 shares at $0.15 per share. He has also loaned the company $10,000.
On Tuesday, September 19, 2006, the board of directors of the company agreed to appoint Howard Becker as its vice president of operations. Mr. Becker will receive an annual salary of $240,000, an option to purchase 10,000,000 shares of the company's common stock at $0.026 per share (which options vest over a period of two years, 4,000,000 of which vest immediately) and customary vacation, severance, health and other benefits.
For approximately one year prior to his appointment, he served as our consultant. Before joining us, Mr. Becker served as a business consultant to a variety of companies through his private consulting firm. Mr. Becker is also a licensed attorney and practiced law for eighteen years in New York City, specializing in business reorganizations and corporate restructuring, including ten years at Kaye, Scholer, Fierman, Hays & Handler, LLP. He was also associated with Skadden, Arps, Slate, Meagher & Flom, LLP and Milbank, Tweed, Hadley & McCloy, LLP.
Mr. Becker received compensation for services performed for the company in the amount of $98,000 in 2005 and $120,000 in 2006.
<PAGE>
Item 9.01 Exhibits.
(c) Exhibits.
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 25, 2006
XECHEM INTERNATIONAL, INC.
By: /s/ Ramesh C. Pandey, Ph.D -------------------------- Ramesh C. Pandey, Ph.D
Posted by dollar13 on :
quote:Originally posted by cactus33: looking excellent.. wheres everyone ? lol
quote:Originally posted by madmax526: cactus, I like the fact that we're moving and nobody is following it much...just gives us a better base for blast off when everyone else decides to jump in.. those south end stock picker clowns are pumping XKEM again...some crazy short term target price over $2 or something...should be an interesting week or two around here...
LOL
i just saw that Posted by dollar13 on :
interesting 8K hu!!
looks like this guys are doing their job no BS
Posted by madmax526 on :
another post from Googleaire...TIFWIW
by: Googleaire
Over 1,000 trades today with $1.8M trading is a good sign. Remember last week the avg # of daily trades was 350+- w/ $700K+- so things are looking up going into the 4th Quarter.
Several Hedge Funds have XKEM on their radar screens and Q4 is poised to have XKEM on the OTCBB Most Active List evereyday from now well into '07 with pps hitting .25 to .35 [maybe HIGHER] Remember the 5,000% pps target is $1.55 so the intraday spikes/dips are inconsequential because it's the weekly XKEM chart that says hold until further notice.
strange trading, what a dump, lol
Posted by madmax526 on :
this is healthy for us...I'll take 3 steps forward and 1 step backward any day...
Posted by cactus33 on :
im gonna sell some today for a profit that ive had for a while, i may regret it, but i need the money right now, lol
Posted by madmax526 on :
nobody can blame you for that...I've been on such a roller coaster ride with XKEM that these dips don't affect me the least bit...good luck..
Posted by money 76 on :
stock gonna touch back 0.11 soon .,
by next month we can see this happening.
Posted by BooDog on :
they keep adding people to the payroll and giving them all the good shares that .11 may take a while.
Posted by madmax526 on :
Boodog, might want to read yesterday's PR again...they didn't give anyone any shares..only the options to purchase shares at .026...also, I would assume that with the company adding to the payroll that they are expecting some nice revenues coming in...and one might also assume that in order for these revenues to come in that the loans would be needed for completion of the facility...I'm 90% sure the loans are a done deal right now...I think .11 is possible again in the near future...
Posted by madmax526 on :
U.S.- Africa Infrastructure Conference Date: 9/27/2006 Organizer: CCA Location: Bethesda, Maryland Contact: Tim Bergstrom tbergst...*africacncl.org 202-835-1117 (fax)
Description: The Corporate Council on Africa is the premier U.S. event for U.S. companies focused on infrastructure opportunities, project development, and financing. www.africacncl. org/(hcv4vsnuf1s2wa451zlpzh55)/ event_detail.asp...
UPDATE ON XKEM LOAN [its coming boys]
Ex-Im Bank is an independent U.S. government agency that helps finance the export of U.S. goods and services to emerging markets throughout the world by providing loans, loan guarantees, and export credit insurance. In the past six years, Ex-Im Bank has supported over $3 billion to Africa.
Ex-Im Bank Approves a $300 million facility for Nigerian Banks Following recent positive developments in the Nigerian banking sector, Ex-Im Bank has approved a total of $300 million allocated among 14 Nigerian banks. The consolidated facility will expedite the processing of short- and medium-term Ex-Im Bank financing for the purchase of U.S. goods and services by Nigerian buyers. Each of the banks has been pre-approved for amounts of $10 million and higher, which may be renewed. By delegating authority to the vice president of Ex-Im Bank's Trade Finance and Insurance Division to commit the coverage, the Bank will further speed the processing of transactions. The Nigerian banks are not limited to the new financing facility, and are eligible to apply for additional Ex-Im financing under other programs.
Posted by Redwinger on :
hmm, interesting, maybe some good news for shareholders then Posted by dollar13 on :
quote:Originally posted by madmax526: Boodog, might want to read yesterday's PR again...they didn't give anyone any shares..only the options to purchase shares at .026...also, I would assume that with the company adding to the payroll that they are expecting some nice revenues coming in...and one might also assume that in order for these revenues to come in that the loans would be needed for completion of the facility...I'm 90% sure the loans are a done deal right now...I think .11 is possible again in the near future...
if boodog is not interest on this ,he will miss the good(dog) things
LMAO
read that 8k again
Posted by BooDog on :
I was referring to the pre 14a. but yes Mr Becker also should get a pretty nice piece of the pie. And not nec new people, just moving them around to get even more. 5B shares, might as well spread them around.
[ September 27, 2006, 05:50: Message edited by: BooDog ]
Posted by madmax526 on :
Boo, this is from a friend of mine...makes sense to me:
The more I think about the A/S being increased to 5B the more I think its because XKEM management team wants to prevent the Takeover.
The increase in the number of authorized shares of common stock could dilute the stock ownership and voting power sure, [or increase the cost to]; a person/company seeking to obtain control of the company, thereby deterring or rendering more difficult a merger, tender offer, proxy contest or other extraordinary transaction.
Think about it, XKEM works their butt off for ten years only to have a Large-Cap Bio-tech/Drug Co buy them out for a fraction of the Intrinsic value [of a drug THAT WORKS]!!!
ps So how dose the average Main St person make money competing with the wealthy business suits on Wall St? Every single standout investor in history has exhibited one of the following rare traits...
1) The vision to identify a breakthrough product or service. 2) The knowledge to spot a diamond in the rough. 3) The courage to buy and hold when others have sold.
When you have a prospect such as XKEM the 3 intangibles become a perfect storm of OPPORTUNITY in the stock market.
Posted by BooDog on :
I have a post on page 66 near the top commenting on the 8k max. can't beat it to death but even though that is a stated possibility. IMO a company like bristol could buy the float or what was left with no problem (and would already have 1 hell of a stake if they were interested from long ago). I don't see it as a buy out prevention tactic at all.
Did anyone get a conference schedule to see when pandey was presenting?
2:55 p.m. Reproductive Issues in Patients with Sickle Cell Disease Cynthia J. Rutherford, M.D.
3:20 p.m. Hydroxyurea: Where We Are and Where We Are Going? Zora R. Rogers, M.D.
3:45 p.m. Questions, Comments, and Wrap-Up George Buchanan, M.D.
3:45 p.m. BREAK Reunion G & H
4:00 – 5:00 p.m. SPECIAL PANEL: TREATMENT OPTIONS AND CLINICAL TRIALS Landmark D
Iron Overload Carole Paley, M.D.
Nigerian Experience in the Development of the New Anti-Sickling Natural Herb Drug Ramesh Pandey, Ph.D.
[ September 27, 2006, 09:32: Message edited by: BooDog ]
Posted by BooDog on :
end of the day almost on Friday. Not the best time slot but he's in there.
Posted by Mambo7 on :
the best always comes last
Posted by BooDog on :
anyone going to this conference?
Posted by madmax526 on :
Boo, there's a guy on pennypickers that is going..he's posting his thoughts on it after he gets back...I'll copy and paste them here when he posts them...also know another guy who is friends with a doctor that is attending, so I'll post his findings too when I get them..
Posted by BooDog on :
Awesome Max. Thanks. I’m hoping he has an audience that can ask questions and get a little exposure. Getting a look on site at the response would help everyone.
Posted by bond006 on :
Hang in there people do what you must the dd has been done and we all know that this drug works.
When the world starts to pick up on this and they feel it is is not a scam out of Nigeria this will take off.
But I really believe that this has turned into a long term play. As soon as they can supply all of africa this will rock. Thats when the word gets out
Posted by BooDog on :
quote:Originally posted by bond006: Hang in there people do what you must the dd has been done and we all know that this drug works.
When the world starts to pick up on this and they feel it is is not a scam out of Nigeria this will take off.
But I really believe that this has turned into a long term play. As soon as they can supply all of africa this will rock. Thats when the word gets out
Like to keep the soap opera going. Any American exposure from anyone other than XKEM will bump this in one direction or the other. went to print version and saw the first couple pages on this thread.... ohh the memories. LMAO
Posted by bond006 on :
It does not take a genius to see that we are not getting the spike that we had boo dog when this was pretty new but what have we got.
we have institutional buyer looking at the long haul
Pandey speaking in America
To state the fact only but to a handfull of investores is this stock known. There are people in the medical community that are following it and waiting to see what the outcome will be
So far we only have the means to supply 100,000. people and not all of them on a long term basis that needs to be done.
The American clinical test have just started call Steve Burg if you don't believe me.
Once we get the bank loans and finish the main factory. And get the a/s increased so we won't have a cash problem and are able to keep this running things will increase with the pps.
This is my opinion
Soo Boo dog what is wrong with that you seem to follow me around to all different posts like a dirty little perverted peeping tom. There is no bad memories about this post most people but you made money
Posted by madmax526 on :
Scottrade is restricting online buys again...I love these crooks...
Posted by madmax526 on :
great end to the day guys...can't believe we went green..
Posted by BooDog on :
quote:Originally posted by madmax526: Scottrade is restricting online buys again...I love these crooks...
I bought in this morning with scottrade no problem. They must have resticted it after i got in. Maybe they remember me from when I reported them for blocking a couple others! It's probably just on-line restriction anyway so you can call.
Posted by BooDog on :
"Soo Boo dog what is wrong with that you seem to follow me around to all different posts like a dirty little perverted peeping tom. There is no bad memories about this post most people but you made money"
must be your great stock picks. And you can ask my wife just how perverted I really am.
MUH hahahahaha
joking about your picks btw.
[ September 27, 2006, 18:21: Message edited by: BooDog ]
Posted by BooDog on :
quote:Originally posted by BooDog:
quote:Originally posted by madmax526: Scottrade is restricting online buys again...I love these crooks...
I bought in this morning with scottrade no problem. They must have resticted it after i got in. Maybe they remember me from when I reported them for blocking a couple others! It's probably just on-line restriction anyway so you can call.
BooDog Member
posted September 19, 2006 12:45 -------------------------------------------------------------------------------- did anyone mention the CR1 restriction from Scottrade? Online buys restricted - have to call to make the order. just fyi --------------------------------------------- I'm not sure if it has been restricted the whole time or not.
Posted by madmax526 on :
Boo, that Scottrade restriction just started back up this morning..not positive, but I think it was around 11...
Posted by BooDog on :
oh and bond, I am not following you as much as you would like to think so. I post what I see, and yes there is plenty of negatives to post. If you can't be objective then all you appear to be is pumping. This is why I'm here - to make money. and actually never left. I have been watching this since june. http://www.stockta.com/cgi-bin/analysis.pl?symb=XKEM&num1=3&cobrand=&mode=stock
up until the shareholder meeting this should have a couple good runs. who knows how much. and if before then they have some good results from the convention this might be worth riding through some more massive dilution. If they get good results from US FDA and start getting some recognition stateside with some takers kaboom. I won't be thanking you M8, I'll be thanking my own DD. I will be happy for all that gain... even you. Good luck to you and to all.
Posted by BooDog on :
at least I beat it this time Max!
Posted by bond006 on :
Boodog if I want to say something positive about a stock I will say it you whinner now from now on say what you want I won't have to listen to it because I have just put you on ignore
Posted by BooDog on :
1 star for you M8. Nice attitude. Earlier I was refering to the saga with amswap. But you can take it however you want.
Posted by BooDog on :
quote:Originally posted by bond006: Boodog if I want to say something positive about a stock I will say it you whinner now from now on say what you want I won't have to listen to it because I have just put you on ignore
I haven't seen anything objectionable from you. Just pumping this and others. Enjoy bashing others that call it like it is.
Posted by GreenDay on :
Today's Pandy's day in Dallas. Hope to get some good attention on Monday!
Posted by BooDog on :
I think this should whine up a bit next week. Should get a pr or 2 about how they were received.
Posted by Sally77 on :
Reports from Dallas say,
Pandey-bad speaker Nicosan-good drug
Putting it simply.
Posted by imapoorcollegestudent on :
quote:Originally posted by Sally77: Reports from Dallas say,
Pandey-bad speaker Nicosan-good drug
Putting it simply.
Sally, Thanks for the input... can you explain? Source?
Posted by Sally77 on :
Read some of the info on IHUB, but it orginally came from Pennypickers. I believe.
From IHUB:
Posted by: TenaciousD In reply to: None Date:9/30/2006 11:30:17 AM Post #of 52083
Heres the full post on the presentation.....
Well... I went to hear Dr.Pandey with my own ears today. .
The group for XKEM was about 250 people. Mixed between doctors, medical staff, SCD suffers and family. I caught 4 different presentations ranging from effects of SCD on the reproductive system to Hydroxyurea(current treatment). All were eye opening to me but pretty dull for most. When Paney got up to talk, I could feel a different energy in the people around me. This energy was deflated after about 20 mins, Dr. Pandey's presention was horrible ( and I am being nice). He spoke so loudly that it was hard to understand. He had some great information but unless you knew about it already it was hard to follow. There seemed to be a lot of hope that this could be a great answer to the problem. But Pandey just could not state the big points. I was very obvious that he is a scientist and not a speaker.
This is not problem for as I know that this treatment has a great present and future. I was hoping he could amaze the group.
After all of this, Q & A started. They busted him with a couple of questions, he looked like a deer in the headlights and struggled to answer with confidence. Luckly the moderator (Kwaku Ohene-Frempong, US doctor) saved the presention and gave a 10 min lecture on the importance of this treatment. Especailly the process of the FDA approval and explained that XKEM does not have to do it and that XKEM could of just put it on the shelf a GNC store. He (Kwaku Ohene-Frempong) applauded Pandey for doing it the right way. By now the mood went back to positive feelings. People around me were saying (whispering) " he's right" and so forth.
Ended very good -- But Pandey should never again show up like this if we wants to perk interest. But to be realistic, XKEM has a while to get their message to the US as we still have the FDA approval process. So hope fully next year they will let someone else present and update this group
I went to the conference to hear my CEO and see how it was received. My CEO is not a speaker and overall NICOSAN was received well.
I want to say I am at bashing this stock. I love this stock. I am long and have been in since March 06 and plan to stay. I just want to be honest.
We have a lot of money to be made in Africa alone and by then any hesitations brought up today will be answered by Africain results.
Please remember this is just my opinion of how today went,
Aggieboy
I think aggie did a great job and I think we all deserve to be able to read this info.
The D
Posted by dollar13 on :
i dont have any problem with Dr. Pandey being nervous in the conference, BIG deal ehh, maybe he was so excited about the Impact of this DRUG world wide.
Posted by madmax526 on :
Who the F cares how Pandey speaks in public...I just had a conversation with my aunt who works for a major pharmaceutical company...she said she has witnessed some of the most horrific public speaking performances of all time given by scientists...she said that if the clinical trials and scientific data prove that Nicosan is effective as claimed to be..then that will be all the talking Nicosan will ever need...she has also has asked around and has heard nothing but positive things about the drug so far...take it for what it's worth...there will be a lot of BS about this but if you've done your DD on XKEM and Nicosan I'm sure you know what you have with this stock..
Posted by dollar13 on :
quote:Originally posted by Sally77: Reports from Dallas say,
Pandey-bad speaker Nicosan-good drug
Putting it simply.
LMAO
first post
bad start
Putting it simply Posted by dollar13 on :
some of the posts from IHUB are HILARIOUS
REAL dd it's fine to me
Posted by Sally77 on :
Look dollar, think first then type. Check your PMs. Trust me, I've done my own DD, with no help from IHUB. I stick to real sources, and usually do my posting on a real discussion board. But since NO ONE here had done any DD on the conference I thought I'd share a little with you guys. I'll keep it to myself next time.
Posted by BooDog on :
Thanks for your input sally. The post you posted looks to have been removed from ihub. maybe they want to keep certain things secret LOL. I'm looking for more views on how the conference went. And yes, unfortunately this message board has lost a lot of players that used to keep things rolling pretty good. I look for the good and the bad and the ugly. most don't want to post the negatives like how xkem is managing the share structure, but if they do it right (which their past actions only add to skepticism) then things could work out quite well. Good luck to you and I hope to see you around wherever you may be.
Posted by vicki on :
Hey Boo! Was down your way this past weekend for the Neptune Festival. Hope you are doing well.
Posted by BooDog on :
I was there! it was a great weekend! hope all is well for you also!
Posted by madmax526 on :
Boo, I saw your post on pennypickers this morning...I'll see if I can put a word in for you with the moderator Stevo to get you members only access...that area isn't as secretive as it was before the approval of Nicosan, but sometimes we get some good information there that is asked to not be posted on other forums..
Posted by BooDog on :
Thanks M8!
Posted by bond006 on :
Just a reminder since the 25th of sept. South..End..stock...pickers Has been pumping this they are the ones, imho, last time that really got the hype going.
They are not talking pennies anymore they are talking dollars and long haul. But there pump is not having the same effect as last time.
I am doing a slow and steady buy on this one and pbls not looking to trade or flip do as anybody wants but when the world notices this stock I can't see it being under a dollar. Most people still see it as a possible scam imho.
Good luck to all
Posted by GreenDay on :
I was hoping Pandy's presentation Friday would have got us a little gain in PPS today. Bummer! Now what do we have to look forward to in the short term? Loan News - been waiting on that for months. I guess we won't see higher profits from more production until next quarter. Anyone talk to Steve today?
Posted by Redwinger on :
A post I made on HSM as well:
For Monday Night Football, they did a piece of a kid who suffers from Sickle Cell... The Eagles brought him into camp and let him be a coach for the day... man if he only lived in Africa, he could get the help he needs for his sickness.
Come on America, let this drug into the States!
Red
Posted by money 76 on :
stock should have a big run soon.
its pending.
Posted by GreenDay on :
Money 76 - what's pending? a run? why?
Posted by chevon2020 on :
Did you guys get the info for voting yet. Does anyone know where to find more info on the actually people that we need to vote for? I know I am going to vote no on the stock increase for sure.
Posted by BooDog on :
If the company gets there increase of 5billion shares I think we will sink to .01 before we get a good bounce imho. I know investores hate dillution
Posted by cactus33 on :
i think you are right on the money bond...
and these guys always seem to get this stuff approved.. not trying to bash, just be careful if you are into this heavy..
i could always be wrong, if they vote now, this will boom again
Posted by BooDog on :
on the pre 14 There is no cumulative voting. A majority of the outstanding shares, or 855,577,279 shares, must be present to hold the annual meeting. As of the record date, Dr. Pandey and his affiliates owned approximately 341,582,556 voting equivalent shares representing approximately 20% of the voting shares.
posted 22 Sep 06 on the def 14 There is no cumulative voting. A majority of the outstanding shares, or 882,609,012 shares, must be present to hold the annual meeting. As of the record date, Dr. Pandey and his affiliates owned approximately 352,343,389 voting equivalent shares representing approximately 20% of the voting shares.
This is where I need help...
INFORMATION ABOUT VOTES NECESSARY FOR ACTION TO BE TAKEN Each stockholder will be entitled to one vote for each share of common stock or its voting stock equivalent held at the record date. Assuming a quorum is present, a plurality of votes cast by the shares entitled to vote in the election of directors will be required to elect each director. Holders of a majority of the shares entitled to vote may approve all other proposed actions.
a legal eye to answer if shareholders are basically only electing directors and then only majority shareholders are voting for the rest.
Posted by foxtrot6 on :
You get to vote on everything. I got my proxy in the mail yesterday. Ill vote at proxyvote.com. Most likley for everything but against the increase in shares
Posted by quickpicker on :
Xechem Receives $473,181 SBIR Grant From NIH-NHLBI to Conduct Toxicity Studies of 5-HMF Compound Wednesday October 4, 6:30 am ET
http://biz.yahoo.com/bw/061004/20061004005285.html?.v=1 NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Xechem International, Inc. (OTC BB: XKEM - News) announced today that it has received a SBIR grant in the amount of $473,181 from the National Institutes of Health, National Heart, Lung and Blood Institute (NIH-NHLBI) to carry out the toxicity studies on the five-membered heterocyclic anti-sickling compound known as 5-HMF. Researchers from both Virginia Commonwealth University (VCU) and Children's Hospital of Philadelphia (CHOP), University of Pennsylvania are expected to participate in the 5-HMF trials. ADVERTISEMENT
As previously reported, Xechem acquired the exclusive worldwide rights for 5-HMF in December 2005 under a license agreement with VCU and on May 26th, 2006, Xechem was successful in obtaining Orphan Drug designation from the US Food and Drug Administration (FDA) for the drug. Research led by Dr. Donald Abraham of VCU has shown 5-HMF to be "the best potential anti-sickling agent in 30 years of sickle cell research," performed by his group. 5-HMF not only is a natural product with very little, if any, toxicity, but it has a high affinity for sickle cell hemoglobin. It is also very active in genetically modified mice as shown by Dr. Toshio Asakura, and his colleagues at the NIH-NHLBI Sickle Cell Disease Reference Laboratory at CHOP.
According to Xechem's Chairman and CEO, Dr. Ramesh Pandey, "We are very pleased to have received this significant grant to fund the toxicity studies of 5-HMF, which has shown great promise as a new type of anti-sickling agent that interacts specifically with intracellular hemoglobin without interacting with other proteins in the body. The grant award will allow us to immediately move forward on the 5-HMF front as we continue with our ongoing efforts to expand our production capability for our first sickle cell drug (NICOSAN(TM)), which was launched in Nigeria on July 6th, 2006."
5-HMF is a single compound which, subject to further testing and trials, could be effective for intravenous and/or oral use in the fight against Sickle Cell Disease. Previously, the Company acquired the exclusive worldwide license from the National Institute for Pharmaceutical Research and Development (NIPRD), Ministry of Health, Federal Government of Nigeria, for the research, development, manufacture, marketing and distribution of NICOSAN(TM)/HEMOXIN(TM), an all Natural Herbal Drug (phyto-pharmaceutical) that was launched in Nigeria on July 6th, 2006.
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn can cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, with an estimated 10 - 12 million sufferers throughout the African continent. Worldwide, at least 16 million individuals are believed to be afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
Contact: Xechem International, Inc. Stephen Burg, 707-425-8855
-------------------------------------------------------------------------------- Source: Xechem International, Inc.
Posted by BooDog on :
this should catch a few eyeballs
Posted by Schwabie on :
HOD.028
Today’s Price Performance as of 11:52am EDT, 10/04/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.027 Last Price 0.0012 +4.65% Today’s Change $0.03 Today’s Open 20,661,353 Above Avg. Today’s Volume
Posted by pepsiman on :
Any particular reason why XKEM is not going trough the roof
Posted by stocktrader2006 on :
Are they still getting the 8 Million dollar loan?
IMO, probably not - that is why they are increasing the A/S to 5 Billion shares to set up the 'MOAD' (Mother of all Dilutions).
What a shame.
Posted by BooDog on :
quote:Originally posted by pepsiman: Any particular reason why XKEM is not going trough the roof
everyone has their guards up. I would think the grant would spark a lot of attention. Need to check with the universities and see what kind of info can be had without too many phone calls (LMAO). Going into a run right before a major split? That could be the main reason pepsi.
Posted by GreenDay on :
When is the share increase planned to occur if approved? I got some shareholder email but haven't read it yet.
Posted by GreenDay on :
BooDog - WHAT do you mean?
"Going into a run right before a major split? "
Posted by madmax526 on :
Boo, with the O/S where it is now...we won't get any major gains that hold until we start getting those 100 million volume days again...I've got a feeling we'll be getting them soon though...
Posted by Redwinger on :
Do you think Pandey will be PO'ed if the 5 Billion approval does not go thru? Even with his 20% voting power of the company?
Red
Posted by madmax526 on :
I'm sure they won't be happy since the plan is to usee those shares to lure some experienced people to come in and help run the company...I think it will be approved...
Posted by Redwinger on :
madmax,
I agree I think it will be approved, which I do not like the idea of it. Hell, if the company had a great product, then that would speak for itself, and they would not need to "bribe w/shares" good talent to the company. I would think he/she would want to work for XKEM knowing that either:
1. They are doing a good deed for all those in need with this disease. 2. Or that they believe that this company is going to do great things, and believe in the company long term.
Why do they need to offer 100,000,000 shares to someone to come to their company if the product or company speaks for itself? This is why I think Xechem is kinda in limbo... I hope they don't dilute this thing when they do get approval, for the sake of "luring" talent.
Ohh, and I am still in this long, I bought in at .013.
Red
Posted by BooDog on :
I agree we need the volume to get this moving. One thing about a stock like this IMO many bash it but many are also watching. Picture today’s PR without the upcoming proxy and almost certain increase to 5B with the award program. File an 8k that shows that grant. Instead buyers now would be watching their shares get diluted once the proxy is approved hence IMO the reason why this is only budging. But on the good side... Good timing on releasing the news for loan approval - which could happen any day would show major support. I would also keep an eye on institutional buying. Universities wouldn't sponsor this without out some DD of their own eh? I don't see the run because of the proxy. That’s just my thought. The past 14 and 8ks have set the staff up pretty well. I'm on a wait and see now. I keep searching for new news, from outside of XKEM and still pretty quiet out there. I should add also they need to clean house a bit too, pink sheets co. info share structure is off the chart. Transparency will go a long way. Having a good share structure visible even if only on their own home page would be a beginning.
Posted by dollar13 on :
this news "today add more MM's to my L2"
Posted by BooDog on :
It's MOVING!
Posted by madmax526 on :
very surprising that it's doing it on such low volume..
Posted by BooDog on :
could be the new guy getting his shares filled keep on filling!
Posted by madmax526 on :
a few of the guys on IHUB are the ones tapping the ask with those 100 share orders...lol
Posted by BooDog on :
I was watching their posts lol I would like to see a decent run!
Posted by pepsiman on :
Talked to Steve Burg This monrning.In a nut shell our conversation consisted of the following: That they are NOT seeking approval for more shares to dilute the stock, these shares are not going on the open market,not yet any way. They need the shares as part of their hiring program. They will be given to employees over a two to three year program as a means to not only get new employees but also retain them for a long time. Of the remaining shares I believe will be a back up to the loans they are seeking. Of the THREE loans they are after, one he said he was pretty sure they would get. The other two he's not so sure.But he did say that they need a back up plan should thing fall through.Think about it they are in major construction on the new plant. That plant will need employees and scientist to work it. You decide, as for me I picked up another 100,000 at .0275& .0276 I'm in for the long. By the way he said the construction on the new plant is on schedual, should be done end of 1st qtr or beginning of 2nd qtr of next year. lol
Posted by madmax526 on :
nice work pepsi...I thought that there were only 2 loans in the works....do you know how much the third one is for and who it is from?
Posted by pepsiman on :
Forgot to mention that they are developing a stock options program. That in regards to the employees package.
Posted by dollar13 on :
Anybody can explain "100 shares transactions than starter at 11:00 am" Posted by BooDog on :
Thanks for the info pepsiman. I think the stock option plan is in the 14. Glad to hear the plant is on schedule. We'll see how things pan out.
Posted by pepsiman on :
that was 100,000.00 . 50,000.00 at .0275 and the other 50,000.00 at .0276 . what does it matter. The point I wanted to make was my conversation with Mr. Burg.And in doing my DD found that things were not as bad as some of the previous post made out to be. By the way a previous purchase of 150,000.00 shares of XKEM added to what was just purchased as well as more shares if I can swing it says I'm into this company and I do my DD.
Posted by dollar13 on :
quote:Originally posted by pepsiman: Talked to Steve Burg This monrning.In a nut shell our conversation consisted of the following: That they are NOT seeking approval for more shares to dilute the stock, these shares are not going on the open market,not yet any way. They need the shares as part of their hiring program. They will be given to employees over a two to three year program as a means to not only get new employees but also retain them for a long time. Of the remaining shares I believe will be a back up to the loans they are seeking. Of the THREE loans they are after, one he said he was pretty sure they would get. The other two he's not so sure.But he did say that they need a back up plan should thing fall through.Think about it they are in major construction on the new plant. That plant will need employees and scientist to work it. You decide, as for me I picked up another 100,000 at .0275& .0276 I'm in for the long. By the way he said the construction on the new plant is on schedual, should be done end of 1st qtr or beginning of 2nd qtr of next year. lol
thanks
i am buying more tom ... what da heck ,i dont think pps will go under 0.02
a lot of support between 0.02 and 0.03
Posted by RagingBull on :
ill keep an eye on this one
Posted by dollar13 on :
quote:Originally posted by RagingBull: ill keep an eye on this one
Hey Dolla, What are you seeing on this site?
Posted by dollar13 on :
related news Xechem at the bottom, same news
LOL
Posted by J_U_ICE on :
Posted by: knowlesmsncom Date:10/6/2006 3:22:25 PM Post #of 54334
Company\IR Update
Berg sure is a nice and responsive fellow......
He returned my call from late yesterday. For obvious reasons he was unable to give out a lot of pertinent information on the quarter but answered the following:
Construction: Slab has been pored but it is raining every day…lots of rain, I have posted weekly weather updates, currently it is monsoon season in Africa. As far as being on schedule he said…..yes they are. I asked about posting pictures on the web, he stated that they will be posting pictures in the future but right now it’s just a lot of turned up dirt and a slab.
My input on this: Anyone that is familiar with construction knows that getting the foundation pored is a slow process, especially in the rain. Once the walls start going up and the roof goes on it starts moving very rapidly.
Grant money: I congratulated Xechem on getting the Grant:
He was very elated about receiving the grant on 5-HMF for further studies. We discussed the possibilities of future and ongoing grant monies being available in time mutually concluding of a high probability of more grants down the road, but none were mentioned nor did I ask.
My input on this: Xechem is a research and development company any future grants would just speculation on anyone’s part but you can expect with high probability Xechem has made further applications.
SCDAA Conference in Dallas: I had asked Berg if he attended the SCD Convention in Dallas, he stated no. Kidding I said, “So you don’t get to go on dog and pony shows” (Open mouth and insert shoe store). He came back very quickly and clearly stating the importance of the convention and the audience served, stressing it’s importance and impact. We went on to discuss the response from the Doctors and Scientific professionals toward Nicosan during the conference and at the presentation at the booth. He pointed out that Xechem was invited to speak before a scientific community and it was not the forum to discuss anything else.
My input on this: Set all kidding aside…..they are dead on serious! As I have posted here the conference was not a place to boast quarterly numbers blowing whistles. It’s intention was to teach professionals in the medical community. Immediately while speaking to Berg the comments from aggieboy came clearly into play. Anyone who has attended such a conference knows these words “technical boredom”. Unless you are a lab rat your asleep in a matter of minutes and the room was mostly filled with lab rats.
Product\Production: Discussion in this area was guarded, i.e.: no definite production number could be given. He only spoke of information that you already know. He did clarify for me a couple of issues such as the medication are distributed on a monthly basis and that sales from satellite office have not occurred outside of the SHESTCO complex at this time. Plans to distribute through other areas and ways continue to be worked on. Again he stressed supply and demand assuring that they will not over sell leaving a customer stranded in any particular month stressing that production will remain low until the new facility is underway.
My input on this: Since the product is limited and works people who need Nicosan will come to you. There is no need to expend money or valuable resources unnecessarily at this time. This can help us gauge weather of not the product really works ie: “If the customer keeps coming back for more”. Future comments toward this can be focused on additions (ramp ups) and customer turnover (drop offs). Additionally common since will tell you that they are in phase III testing which means that anyone taking this medication will be questioned and blood tests conducted on an ongoing basis throughout the Phase III trial period.
Loans: Regarding this I only asked for clarification on how many….he said 2 are being worked on at this time. I asked about any more private loans….Berg stated strongly that Xechem plans are not to add further dilution, again stating the importance of the loans.
My input on this: I did not press the subject. I know Bergs answer as he has said in past conversations , he can’t and won’t give me what I am looking for, deal or no deal!..so I did not go there. Everyone needs to keep in mind that if the loan deals fall though there is a contingency plan, this is a company that will do anything to survive. And in my honest opinion, they will survive.
About the Quarter: Quarter release date is 45 days from the quarter end. In some cases plus five days that are allowed under the rules of SEC reporting. He did not state a delay nor did I ask. I did ask about streaming of telephone conferencing and he said there is no plans at this time to do so.
Government Pre-pay: No confirmations nor denials of a pre-pay further stating that the government is a process, slow as it may be, I concurred.
There were a few other off matters discussed but none of significance or relevance to Xechem.
As always he invited me to call anytime if I had any questions of comments I wished to discuss.
Hope this helps,
Knowles
Posted by J_U_ICE on :
Posted by: knowlesmsncom Date:10/7/2006 6:38:53 PM Post #of 54335
The question is "Whether to increase the number of Active shares or not". It is a difficult decision I would have to agree, so here is my best shot.
Money, have you ever set up a pro and con list? Well the biggest trouble with establishing the pro's or con's in any list is to get beyond the real issue and that issue here is dilution, not to forget it just go beyond it.
In our own lives we are faced with similar issues every day while remodeling, buying a new car or paying bills just on a much smaller scale. So we typically without thinking about it rob Peter to pay Paul. We sometimes take out a home equity loan, use a credit card or go into the savings account. In other word we use existing assets like a paycheck, savings, credit and collateral to secure and obtain more debt. Without ready assets or money you will go nowhere or do without.
Running a Corporation is not much different than running a household just on a much larger scale and with greater responsibilities. In past Xechem was faced with many huge barriers in getting their products to market and getting through those barriers take money a lot of it. You must know and should realize what the average time and cost are for getting one product to market and what occurs along the way?
“2.3 Federal Drug Administration Approval Process
Federal Drug Administration (FDA) approval usually requires 10 to 12 years of development and 100 - 500 million dollars in development costs. The FDA approval period is split between the clinical trials and New Drug Application (NDA) approval. During the clinical trials, the FDA uses test populations to study safety, dosage, pharmacologic and metabolic effects, potential side effects, and effectiveness of the product. The NDA process then comprehensively analyzes the preclinical and clinical reports, applying a risk-benefit analysis to determine if the product will benefit the public at large.”
Now in my view Xechem has curbed some of the high US approval costs significantly by working the product into a system outside the United States and FDA Approval process. This has occurred in an area that has the highest concentration of SCD and in a country with there own medication approval process. Not only has Nicosan been approved by that government, it has received ongoing support from that Government. Some may deem this as a conflict of interest but those who believe that do not realize that a huge amount of grant money in the USA comes from the US Federal government and taxpayers. Those grants directly fund colleges and research facilities to conduct studies here in the US, thus producing products like 5-HMF which is another Xechem product. Although another issue altogether and moving forward , all this process requires money $$$ and lots of it.
We can all agree that Xechem not made of money, is a struggling drug manufacturer on the verge of making a huge breakthrough attempting to start production, has limited funds to accomplish this task and bordering going bankrupt, so the question is what do? Many proposals have been laid onto the table. Some have said to approve some have said to disapprove adding any additional stock or causing further dilution.
Lets start with those who don’t wont the approvals to occur and see if some of the proposals make common or practical sense. Some of those proposed options are: stock buy back, bank loans\credit, dilution concerns, unequivocally no more stock increases with no solution or do nothing.
Stock buy back - In order to have a stock buy back you have to have money or capital. If we had the money to do that we would not be voting for additional shares.
Bank Loans\Credit – As mentioned in the preamble above, loans of any type require collateral and without collateral you have no loan and without a loan you have no money to produce a product, simple economics.
In Xechem’s case they have been loaned through several avenues by using stockholders\convertibles, bridge loans and\or through conventional bank loans using assets on hand that were accumulated over time. Good or bad all methods of lending required collateral and the assets on hand avenue is all tapped out leaving investors.
Dilution concern – by approving addition shares there is the risk of dilution and everyone knows what occurs thereafter. For any stockholder this is a truly valid concern that neither proponents for or against would like to occur. Do note that requesting additional shares does not automatically mean that further dilution will occur.
Unequivocally no increase – the company would run out of money and ultimately collapse, a recipe for instant failure.
Do nothing – again the company would run out of money and ultimately collapse. Believe it when I say there are a number of people here that would very much like for this to occur and are paid in their attempts to do so. Some of those people may even reside here on this thread and hide behind anonymity or you can find them in the general public while protesting wear hoods.
Those for approving additional stocks have expressed their concerns some of which are also contained herein:
The proposed option that has been laid out before and by Xechem to go forward or succeed is to obtain a non-diluted bank loan. In order to do so they have to come up with some type of method and solution that would be attractive to a major lender. With no ready assets available for a lender to actually secure or provide to obtain a loan, Xechem had only one plausible solution to offer. The only available option was to provide the security that the Banks require by increasing the available shares. I believe that it has been suggested that Xechem use the shareholders as equity in order to collateralize a loan. In the event of failure or default the shareholders and\or further dilution will be used as back up. My opinion on this is that as production increases and time progresses the risk of dilution will lesson.
Actual investors realize that there are no guarantees in lending their monies to companies through purchasing stocks. Therefore investors do massive amounts of research in the companies and the products which is known as due diligence. We each have an opportunity, obligation and a right to express our expectations or concerns to the Company through various methods of verbal, written and voting processes. Furthermore, if we do not like the direction, circumstances or outcome we can just sell and go elsewhere.
Money66 I have offered my best attempt to show or parallel a living reality that has brought forth the reasons and need for additional shares. There is no investor here that would like to see further dilution occur but this method of loan security is a necessary evil. By denying the additional shares it is my belief that Xechem will not be able to secure a loan in order to obtain that loan.
I hope I have been of help. You will have to follow your own instincts and judgments while making your decisions whether to approve or disapprove the addition shares. All the above information has been expressed though my options and beliefs. Your decisions should not be based solely on these or anyone else’s options.
Good luck in making yours,
Knowles
Posted by dollar13 on :
Nice post JU I CE
I VOTE FOR "1,2,3,4"
# 4 Risky ehh
but we will see what happend
Posted by bond006 on :
Juice you have that right .
This company needs money weather it gets it from stock or loans from a bank it still needs money to get it up and running and then for the expense of approval.
then in the future it may need more capital and that is were the 5billion a/s kicks in. That and a few other reasons . It may have a short term effecte on the pps but what a time to buy imho we will see this month after the vote
Posted by J_U_ICE on :
Gates Discusses AIDS With Nigeria Leader By Associated Press 2:05 PM PDT, October 8, 2006
ABUJA, Nigeria -- Microsoft Corp. founder Bill Gates met President Olusegun Obasanjo this weekend for talks on fighting poverty and disease on the world's poorest continent, a senior official said Sunday.
Information Minister Frank Nweke said Gates arrived in Nigeria with his wife, Melinda, on Saturday and met with Obasanjo at his farm on the outskirts of the country's biggest city, Lagos.
"The visit is to hold a number of discussions on plans to manufacture cheap software in Nigeria, fight HIV/AIDS and alleviate poverty," Nweke said.
Gates' trip to Nigeria, Nweke said, was a follow-up on discussions the world's richest man had with Obasanjo at the last meeting of the World Economic Forum in Davos, Switzerland. Nweke gave no further details.
With an endowment of $31.9 billion, the Bill and Melinda Gates Foundation has granted more than $11 billion since its inception in 2000 to projects to help ease extreme poverty in more than 100 countries.
Forbes magazine ranks Gates as the world's richest man, worth an estimated $53 billion.
Posted by madmax526 on :
JUICE, that's great...I'm sure it was mentioned..
Posted by dollar13 on :
quote:Originally posted by J_U_ICE: HOPEFULLY SICKLE CELL WAS DISCUSSED
Gates Discusses AIDS With Nigeria Leader By Associated Press 2:05 PM PDT, October 8, 2006
ABUJA, Nigeria -- Microsoft Corp. founder Bill Gates met President Olusegun Obasanjo this weekend for talks on fighting poverty and disease on the world's poorest continent, a senior official said Sunday.
Information Minister Frank Nweke said Gates arrived in Nigeria with his wife, Melinda, on Saturday and met with Obasanjo at his farm on the outskirts of the country's biggest city, Lagos.
"The visit is to hold a number of discussions on plans to manufacture cheap software in Nigeria, fight HIV/AIDS and alleviate poverty," Nweke said.
Gates' trip to Nigeria, Nweke said, was a follow-up on discussions the world's richest man had with Obasanjo at the last meeting of the World Economic Forum in Davos, Switzerland. Nweke gave no further details.
With an endowment of $31.9 billion, the Bill and Melinda Gates Foundation has granted more than $11 billion since its inception in 2000 to projects to help ease extreme poverty in more than 100 countries.
Forbes magazine ranks Gates as the world's richest man, worth an estimated $53 billion.
i am pretty sure than the President Obasanjo and Bill talk about the recent launch of NICOSAN no doubt. DEMAND is bigger than SUPPLY come on BILL do something
Posted by money 76 on :
i am sure it would have been mentioned
Posted by Hitman on :
Any Thoughts on xkem?
Posted by bond006 on :
My only thought hitman is I keep a position in this because I really believe it will be something great one day,
Who k nows when it will run? I don't think of this stock short term like i used to.
Bank loans things seem to point in a different direction now one of the reasons they want an increase to 5 billion a/s . They inho will look into a smaller loan and go fore a grant or backing from a different source.
Posted by money 76 on :
this is a long play . stock should go up over a dollar beginning of next yr .
Posted by madmax526 on :
Great post from Googleaire!!
From: Googleaire - view profile Date: Tues, Oct 10 2006 12:11 pm Email: "Googleaire" <4alli...*optonline.net> Not yet rated Rating: show options Reply | Reply to Author | Forward | Print | Individual Message | Report Abuse | Find messages by this author
Max: do you think that XKEM was heavily shorted on the run up to .11??
By 'heavily shorted' if you mean in the neighborhood of 2Billion shares then 'yes'. The question now is have the 'shorts' FULLY covered? No
Anticipate one more 'short cover' rally before the 5B A/S meeting then the .02+- to .03+- trading range continues until the next phase of the 'Trading Plan' continues.
First the 5B A/S of new stock [actually 3B] will used as collateral to secure the loans [so nothing big happens until then].
2nd The public market for stock provides the exit strategy and liquidity to the insiders and the Market-Makers that initiated the trading plan. There are over 500 member firms that act as NASDAQ Market-Makers and just as 'most' companies have a business plan they have a 'Trading Plan' when the A/S is being increased.
One of the most important benefits of a 'public offering' is the fact that the company's stock eventually becomes liquid, offering rewards and financial freedom for the founders, employees AND FAST ACTING TRADERS WHO RECOGNIZE THE OPPORTUNITY.
With the accurate use of press releases, interviews or news stories and released in a 'timely' manner they are designed to encourage and increase investor/Main St Awareness, create shareholder value [lol, that ones funny] and demand for the stock. A well orchestrated ad campaign coupled with media initiatives has the potential to increase volume making dilution the final step. Let's take a look at the XKEM YTD Media Campaign in progress;
* October 4, 2006 o Xechem Receives $473,181 SBIR Grant to Conduct Toxicity Studies of 5-HMF Compound * September 12, 2006 o Xechem Chairman, Dr. Ramesh Pandey, to Present NICOSAN at 34th Annual SCDAA Conference * August 29, 2006 o Xechem Chairman Responds to Shareholder Questions Regarding NICOSAN * July 26, 2006 o Demand for New Sickle Cell Drug NICOSAN Far Exceeds Supply * July 11, 2006 o Nigerian President Olusegun Obasanjo Launches Xechem's Sickle Cell Drug, NICOSAN * July 5, 2006 o Xechem Receives Approval For Sale Of NICOSAN From Nigerian Regulatory Authorities - NAFDAC * June 6, 2006 o Xechem Receives Orphan Drug Designation From The FDA For Its Anti-Sickling Drug 5-HMF * June 1, 2006 o Xechem Pharmaceuticals Nigeria - Receives $1.2 million dollar loan from NEXIM Bank * April 17, 2006 o Xechem files Orphan Drug Application with the FDA for the anti-sickling compound. * January 25, 2006 o Xechem closes on $4.2 million lawsuit settlement with Bristol-Meyers
Three years ago; [Sept. 2, 2003--Xechem International, Inc. (OTC BB: XKEM) announced that it received Orphan Drug designation for NIPRISAN (HEMOXIN(TM)from the U.S. Food and Drug Administration] Keep that in mind because the BIG XKEM pps rally will revolve around 'that story' or something JUST AS unique and I anticipate that's coming soon; Q-4 or early in 2007.
Employees and officers have two ways to add to their wealth: by receiving a salary and selling stock. Ever since the Form Type: 8-K Filing Date: 9/25/2006 XKEM is getting crushed even with the $500K Grant PR. Hmmmmmm, SURE THAT WILL FRUSTRATE MAIN ST.
Let's look at the major players /MM's for XKEM [excluding the Hedge Funds];
NITE [KNIGHT EQUITY MARKETS, L.P] YTD trading in XKEM is 3,481,789,955 shares while the #2 MM is UBSS [UBS Securities LLC] 2,681,033,210 shares traded YTD but UBSS has backed off in XKEM trading activity substantially after July.
Keep an eye on UBSS after the 5B A/S is approved BECAUSE they and NITE will be working to liquidate any new shares that XKEM has scheduled for dilution.
NOTE; ETRD [E*TRADE CAPITAL MARKETS LL] is your #3 MM serving the momentum traders [912,049,803 XKEM shares traded YTD].
Next the Main St speculator needs to establish what the 'trading plan' is. With XKEM that's pretty easy. Look at the XKEM One-Year 'monthly chart' at Big Charts.com and you'll see that manipulation volume is done quarterly. As mentioned previously the 4th Quarter volume on the OTCBB is the most active because the Big Money Managers aka Hedge Funds are back in the game AND THEY KNOW WHATS ABOUT TO HAPPEN. It's no coincidence that the 5B A/S is coming in Q-4 folks.
For the near-term XKEM will be trading on low volume as the Shorts continue to capitalize while they continue to SQUEEZE Longs who paid over 5cents. Main St Longs are 85% fed up and closing out their positions and the fact is; this is when they need to be building their positions but sheep will be sheep.
Remember back in Q-3 XKEM traded $31,000,000.00 IN ONE DAY. Wait until the Q4 Hedge Funds get involved XKEM you'll see $100,000,000.00 and that's when you'll know its time to SELL. Again the build-up in Money Flow [and volume] up to that day will be based on NEWS i.e. FDA news weather it's good or bad or something almost as dramatic as the FDA.
The time frame for the new rally will be weeks/months [not a one-day pump 'n' dump plan] because there are additional variables with the XKEM story.
Did the Shorts make money? YOU BET THEY DID!!!
Can you make money? YOU BET YOU WILL!
Just is PATIENT!!!
Posted by kittykash on :
wow! that is some summary. Thank you for you time in that madmax
Posted by Sally77 on :
A friend of mine spoke to Steve today. The post is over on w w w . p e n n y h e l p e r . c o m on the XKEM board. It was about the construction.
Posted by BooDog on :
cheers sally!
Great post max.
Even as much as I am against the 5B increase I do see the plus side. If it flops a lot of inside campers will be using their certs for chit papper. If they do it right and keep shareholders abreast by providing some simple transparency and a decent IR department they could do well.
Posted by GreenDay on :
Interesting premarket activity on l2.
Posted by GreenDay on :
volumne today - what's up?
Posted by madmax526 on :
Don't forget about XKEM guys.....
Posted by dollar13 on :
we got a loan news 12:46 pm
Posted by dollar13 on :
yehhahahahahhaah
Posted by 401k on :
Do you have a link?? Thanks
Posted by dollar13 on :
PPS going up......
Posted by 10of13 on :
Whooo hooo movin' nice!!!!
Posted by onecentlotto on :
XKEM Press Release Source: Xechem International, Inc.
U.S. Ex-Im Bank has Approved Comprehensive Guarantee to Support $9.38 Million Loan from UPS Capital to Xechem Pharmaceuticals Nigeria Wednesday October 18, 12:46 pm ET
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Xechem International, Inc. (OTC BB: XKEM - News) announced today that the United States Export Import (Ex-Im) Bank, the official credit export agency of the United States, has approved a Comprehensive Credit Guarantee to support a $9.38 million loan from UPS Capital Business Credit to Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria). Two Nigerian banks, Access Bank Plc. and Diamond Bank, Plc., are to provide the required Nigerian local bank guarantees in favor of Ex-Im Bank.
Funds Earmarked for Establishment of State-of-the-Art Pharmaceutical Facility in Sheda Science Village, Sheda, FCT, Abuja, Nigeria
The funds to be provided by UPS Capital under the Ex-Im guaranteed loan will be used to purchase the U.S. manufactured plant equipment and machinery needed by Xechem Nigeria to establish a state-of-the-art pharmaceutical facility. The first phase of construction of the new facility began in July of this year. The total cost of the project is estimated at $12.45 million, of which $9.38 million will come from the U.S. loan. The expanded pharmaceutical facility, once completed, will enable Xechem Nigeria to produce commercial scale quantities of NICOSAN(TM), Xechem's breakthrough medicine for the prophylactic management of Sickle Cell Disease (SCD).
Xechem Nigeria received regulatory approval for the manufacture, sales and marketing of NICOSAN(TM) from Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) on July 3rd, 2006, and officially launched the drug just a few days later at a ceremony presided over by His Excellency, General Olusegun Obasanjo, the President of Nigeria. The drug is currently being produced by Xechem Nigeria in limited quantities at its pilot-scale facility in Abuja.
Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "We are very pleased that this most anticipated guarantee from the U.S. Ex-Im Bank has now been approved and that we can now accelerate pursuit of our dream of building what we believe will be one of the finest state-of-the-art cGMP standard pharmaceutical facilities in Nigeria. Even more importantly, the Ex-Im guaranteed loan will help insure that we can produce commercial scale quantities of NICOSAN(TM) to meet the needs of the millions of people afflicted with this terrible disease. We are very grateful to Ex-Im Bank, UPS Business Credit, Access Bank and Diamond Bank, as well as our financial consultants, Financialbridge, Inc., for their support for this important project and for helping us make the dream a reality."
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn can cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, with an estimated 10 - 12 million sufferers throughout the African continent. Worldwide, at least 16 million individuals are believed to be afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its primary focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
Contact: Xechem International, Inc Stephen Burg, Director, 707-425-8855
-------------------------------------------------------------------------------- Source: Xechem International, Inc.
Posted by dollar13 on :
31,000,000 IN VOLUME SO FAR
Posted by dollar13 on :
I LIKE THE ACTION
Posted by J_U_ICE on :
about F'in time
Posted by dollar13 on :
quote:Originally posted by J_U_ICE: about F'in time
no chittttt
LOL
Posted by 401k on :
Thanks Dollar....
Posted by BooDog on :
too bad the 5-HMF is way at the bottom.
.0302 nice
Posted by 10of13 on :
LMAO...well said JUICE!
quote:Originally posted by J_U_ICE: about F'in time
Posted by BooDog on :
quote:Originally posted by 10of13: LMAO...well said JUICE!
quote:Originally posted by J_U_ICE: about F'in time
ROFL!!! Bark bark!
Posted by dollar13 on :
bye bye 0.02's
Posted by Egg Inspector on :
what we've been waiting for!!
how far do you think this will go??
U.S. Ex-Im Bank has Approved Comprehensive Guarantee to Support $9.38 Million Loan from UPS Capital to Xechem Pharmaceuticals Nigeria Business Wire - October 18, 2006 12:46
NEW BRUNSWICK, N.J., Oct 18, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (OTC BB: XKEM) announced today that the United States Export Import (Ex-Im) Bank, the official credit export agency of the United States, has approved a Comprehensive Credit Guarantee to support a $9.38 million loan from UPS Capital Business Credit to Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria). Two Nigerian banks, Access Bank Plc. and Diamond Bank, Plc., are to provide the required Nigerian local bank guarantees in favor of Ex-Im Bank.
Funds Earmarked for Establishment of State-of-the-Art Pharmaceutical Facility in Sheda Science Village, Sheda, FCT, Abuja, Nigeria
The funds to be provided by UPS Capital under the Ex-Im guaranteed loan will be used to purchase the U.S. manufactured plant equipment and machinery needed by Xechem Nigeria to establish a state-of-the-art pharmaceutical facility. The first phase of construction of the new facility began in July of this year. The total cost of the project is estimated at $12.45 million, of which $9.38 million will come from the U.S. loan. The expanded pharmaceutical facility, once completed, will enable Xechem Nigeria to produce commercial scale quantities of NICOSAN(TM), Xechem's breakthrough medicine for the prophylactic management of Sickle Cell Disease (SCD).
Xechem Nigeria received regulatory approval for the manufacture, sales and marketing of NICOSAN(TM) from Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) on July 3rd, 2006, and officially launched the drug just a few days later at a ceremony presided over by His Excellency, General Olusegun Obasanjo, the President of Nigeria. The drug is currently being produced by Xechem Nigeria in limited quantities at its pilot-scale facility in Abuja.
Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "We are very pleased that this most anticipated guarantee from the U.S. Ex-Im Bank has now been approved and that we can now accelerate pursuit of our dream of building what we believe will be one of the finest state-of-the-art cGMP standard pharmaceutical facilities in Nigeria. Even more importantly, the Ex-Im guaranteed loan will help insure that we can produce commercial scale quantities of NICOSAN(TM) to meet the needs of the millions of people afflicted with this terrible disease. We are very grateful to Ex-Im Bank, UPS Business Credit, Access Bank and Diamond Bank, as well as our financial consultants, Financialbridge, Inc., for their support for this important project and for helping us make the dream a reality."
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn can cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, with an estimated 10 - 12 million sufferers throughout the African continent. Worldwide, at least 16 million individuals are believed to be afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its primary focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
SOURCE: Xechem International, Inc.
Xechem International, Inc Stephen Burg, Director, 707-425-8855
Copyright Business Wire 2006
Posted by dollar13 on :
42,000,000 volume
yehaaaaaaaaaaaaaaaa
keep them coming....
LOL
Posted by 10of13 on :
C'mon baby...let's roll.....
Posted by Redwinger on :
All I can do is smile for this ole buddy of a stock Posted by kittykash on :
was really wondering what the heck was going on with this stock yesterday and was debating to sell. whoa, so glad I did't! Posted by dollar13 on :
quote:Originally posted by 10of13: C'mon baby...let's roll.....
i hear you 10 , nice to see you here Posted by madmax526 on :
I told you guys this morning....
Posted by GreenDay on :
any eod predictions? I don't know if we have enough attention yet.
Posted by dollar13 on :
quote:Originally posted by madmax526: I told you guys this morning....
there is a lot of readers thant dont want to post madmax .
by the way 58,000,000 in volume , in less than an hour after the news
this is huge Posted by dollar13 on :
quote:Originally posted by GreenDay: any eod predictions? I don't know if we have enough attention yet.
it is hard to say, but i hope than we past the 0.04's +++++
Posted by pepsiman on :
Is this a short run up or longer term?
Posted by dollar13 on :
quote:Originally posted by pepsiman: Is this a short run up or longer term?
long here Posted by bond006 on :
I have a feeling this will be a short run,
But I also feel this is the start of the biggining.
In a few weeks we will start to trade at our real value and the pr's that will come will have lots of meat. We are now going to make it and will be a force to be reckoned with in the world.
Congrats to all longs not only will we have made a great investment for ouselves we have done a good thing
Posted by dollar13 on :
BOND
damn i thou... the loan news was good enough ,may be i am missing something here?
WHY IS THIS A SHORT RUN?
Posted by dollar13 on :
CLOSE ABOVE .03 SOUND GOOD TO ME ,FOR TODAY
no chitttt and over 100,000,000 share trade
Posted by bond006 on :
The run for the long haul will not be short it is very possible we will see eleven or more before a pull back. Depends on what happens at the meeting I think the increase in the a/s is good a lot of investors won't at the start. But it will be accepted after a while.
The important thing is the factory can now be built and that gives xkem independence and the ability to deliver.
Also other drugs in the pipeline a treatment for aides if that works out in 2 years 100,000 now means you are well off
Posted by dollar13 on :
$9.38 million LOAN , no one give a loan like this with out no reason
chittttttttttt
i would say we just starter
yehaaaaaaaaaaaaaaaaaa
Posted by Redwinger on :
So, this means we don't need the 5 Billion in shares increase now, right???
We got the building built so it seems?
Anyone else concerned now that the A/S will bring us crashing if it goes thru?
Red
Posted by bond006 on :
I think the increase in the a/s is good because I trust how the company will use it.
As far as investors are concrened it will most likely be look at as poison.And I think a terrible 60 days are ahead but this is my opinion. After that the sky is the limit.
look if it was a bad thing would a bank loan you money on your business
Posted by dollar13 on :
31% UP ..............
WE WILL SEE TOMORROW
HAVE A NICE DAY.
BOOYHAAAAAAAAAA
Posted by Jo4321 on :
Whoa, what a day, another one of my losers making a come-back. And I didn't sell it off two days ago!
Look at what happenned with SIGA today on smallpox drug news. XKEM has that kind of potential.
$9.38 million LOAN ..............
Posted by madmax526 on :
anyone here going to the shareholders meeting next week?? I'm more than likely going, it's only about 30 miles away...
Posted by dollar13 on :
quote:Originally posted by madmax526: anyone here going to the shareholders meeting next week?? I'm more than likely going, it's only about 30 miles away...
JUICE, this is why I invested in this stock 8 months ago, in the first place The SCD drug was a nice surprise for me this summer.
Red
Posted by pepsiman on :
JUICE that post on pfrenz, I went and checked it out , looks good. But I would like to know about those reports he was talking about. Can you help?
Posted by BooDog on :
quote:Originally posted by madmax526: Don't forget about XKEM guys.....
Awesome M8!
Posted by pepsiman on :
ANY BODY GOT AN IDEA AS TO WHY ITS TANKIN?
Posted by madmax526 on :
We'll bounce soon...MM's playing it hard right now...
Posted by kittykash on :
MM's keeping price down. but I believe it will still end HOD.
Posted by stocktrader2006 on :
quote:Originally posted by pepsiman: ANY BODY GOT AN IDEA AS TO WHY ITS TANKIN?
Buy the rumor, sell the news?
Posted by kittykash on :
dog gone MM's. Posted by dollar13 on :
F..... we can not keep a decent run here .
LMAO
Posted by kittykash on :
here you go:
For the six months ended 30 June 2006, Xechem International, Inc.'s revenues decreased 33% to $2K. Net loss decreased 8% to $4.5M. Revenues reflect decreased demand for the Company's goods and services. Lower loss reflects presence of other income vs. an expense, absence of share of net loss from affiliate, decreased salaries & wages cost, decreased consulting fees and decreased directors &officers insurance cost.
Posted by BooDog on :
quote:Originally posted by stocktrader2006:
quote:Originally posted by pepsiman: ANY BODY GOT AN IDEA AS TO WHY ITS TANKIN?
Buy the rumor, sell the news?
maybe if they switched strategy - file the 8k and then the PR.
Actually that wouldn't make much of a difference IMO. Waiting to see what else they have before the big meeting.
Posted by pepsiman on :
Kitty,I was woundering where you got your info. Reason I ask is because I just talked to Steve Berg investor relations for XKEM. His main point he made was they have had no revenue to speek of. so he questioned your numbers as well as the rest of your comments. He suggested we go to the 10K. By the way I'm not attacking you on this. I read your post, then called him up and asked about it, thats all. I'm just an investor trying to understand the stocks movements.
Posted by dollar13 on :
quote:Originally posted by pepsiman: Kitty,I was woundering where you got your info. Reason I ask is because I just talked to Steve Berg investor relations for XKEM. His main point he made was they have had no revenue to speek of. so he questioned your numbers as well as the rest of your comments. He suggested we go to the 10K. By the way I'm not attacking you on this. I read your post, then called him up and asked about it, thats all. I'm just an investor trying to understand the stocks movements.
you didnt ask him about the $9.38 million loan ?
Posted by pepsiman on :
Yes,I did. He mentioned they were still working on two other small ones. Said they have alot of good things going on. He didn't say any thing about the share increase and I fgorgot to ask. What were you referring too about the loan, dollar?
Posted by dollar13 on :
PPS can be easy manipulated for MM , the reason i ask you about the loan ,is because this loan is a big news believe it or not it will accelerate the NIGERIA FACILITY in less time than it was expected.
IMHO
Posted by pepsiman on :
I understand. I was so depressed because the stock tanked. I could have sold it and bought it back almost where I bought it in the first place. On the loan thing, keep in mind they are in the monsoon season. nothing will be done for alittle bit. But when they can they will be at it hard.
Posted by money 76 on :
not a good sign stock went down even after the loan
come on i want to see xkem going to a dollar and more in the coming yr
Posted by Hitman on :
XKEM goes through money like it is going out of style..... So the loan will be used up shortly... Xkem will make gr8 money for holders but it will take a while... Im buying back at .02
Gr8 flip stock....
Posted by bond006 on :
The loan info was to long in coming to have an affect on the pps.
XKEM will go up from now on, on good solid news
Posted by bond006 on :
thoes of you longs thats what a good return will take long
Posted by bond006 on :
Wiat until after the share holders meeting we will hear some good things about the future and also find out the increase in the a/s and what it really means and how they will use it. This and other things will be coverd
Posted by BooDog on :
do they have good food at these things or is it just a conference room full of people?
LOL
Posted by Redwinger on :
hell, if it means they won't dilute, in paying for food for everyone... If it's got to be a sausage-fest, then so be it.
Just don't waste money on stuff like that, lol Posted by quickpicker on :
Xechem Announces ``Notice of Allowance'' for a Patent Relating to a Method of Treating Sickle Cell Disease With 5-HMF Compound Licensed from VCU Business Wire - October 23, 2006 7:00 AM (EDT)
NEW BRUNSWICK, N.J., Oct 23, 2006 (BUSINESS WIRE) -- Xechem International, Inc. (OTC BB: XKEM) announced today the United States Patent and Trademark Office has issued to Virginia Commonwealth University (VCU) a notice of patent allowance relating to a method of treating Sickle Cell Disease (SCD) with a unique 5-membered heterocyclic anti-sickling agent known as 5-HMF. A notice of allowance is a written notification that a patent application has cleared an internal review and is nearing issuance.
The exclusive, worldwide rights for the production, sales and marketing of 5-HMF for use in the battle against SCD belong to Xechem as part of a collaborative licensing agreement with VCU. In May 2006, Xechem was successful in obtaining Orphan Drug designation from the US Food and Drug Administration (FDA) for use of 5-HMF by patients afflicted with SCD.
Xechem also announced recently that it has received a SBIR grant in the amount of $473,181 from the National Institutes of Health, National Heart, Lung and Blood Institute (NIH-NHLBI) to carry out the toxicity studies on 5-HMF.
5-HMF is a Pure Compound
Research led by Donald Abraham, Ph.D., professor of medicinal chemistry, VCU School of Pharmacy, has shown that 5-HMF, a pure compound with very little, if any, toxicity, has a high affinity for sickle cell hemoglobin and may be effective in the treatment of SCD. "Our findings suggest that this anti-sickling agent may lead to new drug treatments and may one day help those suffering with SCD. This molecule, 5-HMF, is the most promising molecule to treat sickle cell anemia to come from our research group in more than 30 years," Abraham said.
With the addition of 5-HMF, Xechem has now been able to expand its potent arsenal for treating Sickle Cell Disease beyond its Natural Herbal Drug, NICOSAN(TM), which was approved on July 3rd, 2006, by Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) and is currently being sold in Nigeria on a limited basis.
According to Xechem's Chairman and CEO, Dr. Ramesh C. Pandey, "With all of the excitement over the recent commercial launch in Nigeria of NICOSAN(TM), our all Natural Herbal Drug, there has been less attention focused on our other SCD product, 5-HMF, which also represents an extremely promising potential treatment for patients suffering with this terrible disease. As a pure compound, 5-HMF is the perfect complement to our herbal product and together with NICOSAN(TM) places us in a unique position of providing much needed efficacious treatment for this painful and debilitating condition. As the exclusive licensee for this product, we are very pleased to have the protections that a patent allowance affords to VCU and to us."
About Sickle Cell Disease
Sickle Cell Disease (SCD) is an inherited blood disorder caused by an abnormality in the hemoglobin molecule. Patients with the disease often produce stiff, abnormally shaped red blood cells that often do not flow freely through the blood vessels. This can create clogs in the vessels, which in turn can cut off the flow of normal hemoglobin and oxygen to parts of the body, and can cause severe painful attacks or "crises", damage to various organs and shortened life spans. People with SCD often suffer unpredictable painful crises several times a year lasting from a few hours to a week or more. In the US, there are approximately 80,000 patients with SCD. In Nigeria, that number is believed to be approximately 4 million, with an estimated 10 - 12 million sufferers throughout the African continent. Worldwide, at least 16 million individuals are believed to be afflicted with SCD.
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
SOURCE: Xechem International, Inc.
Xechem International, Inc. Stephen Burg, Director, 707-425-8855
Posted by matto on :
HUGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted by Redwinger on :
Not bad!
Posted by Sally77 on :
Way back when....I did some reading on this 5-HMF. To me it seemed more promising than the NICOSAN. Nice to see that it is getting some attention now that NICOSAN is in production in Nigeria. We will see how the shareholders meeting goes tomorrow.
Posted by bond006 on :
solid pr the type that makes real companies
Posted by Sally77 on :
bond, i hope they are starting to figure out the business side of this, that is all that has been missing really....we will see how it goes.
Posted by bond006 on :
Sally there is a plan at the end of 2 more years if all goes well you will see another factory complete fda approval in the US.More drugs to come out they are in the pipe line.
This not inside info this comes from about 9 months of talking to Steve Burg.
As of now in New Jersey a 35,000 sq. ft office and lab,in china an office I do not know the sq ft. and in Niger a 20,000 sq.ft. lab and small production abilities and they are breaking ground on there first major factory.
They are working on a treatment for aids now. The hype is over for a while but it won't be long until they get some major endorsements. I have put some shares away for the long haul
Posted by madmax526 on :
Bond, do you have more information about the AIDS treatment? Have you discussed this with Burg lately? Thanks in advance....
Posted by bond006 on :
no I have just read it in my dd and I asked burg and he said they were but knew nothing at what stage and research complete details was something he was not given 100% information on.
I had pages of dd I had posted on this stock and that was part of it they blew it out and kicked me out as a moderator so now I post I wish they would have left my weeks of dd here for thoes who were seeking info
Posted by bond006 on :
Sally this is where I first heard of aids research it was in an old pr
September 02, 2003 09:00 AM US Eastern Timezone
Xechem's Sickle Cell Drug, NIPRISAN -HEMOXIN- Granted Orphan Drug Status by the FDA
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Sept. 2, 2003--Xechem International, Inc. (OTC BB: XKEM) announced today that it received Orphan Drug designation from the U.S. Food and Drug Administration (FDA), Office of Orphan Drug Products Development for NIPRISAN (HEMOXIN(TM)), the phyto-pharmaceutical drug for the treatment of patients suffering with Sickle Cell Disease (SCD). SCD is an insidious and painful genetic blood disorder often resulting in death at an early age. According to an article published in the British Journal of Haematology, in July 2002, an investigative study of NIPRISAN (HEMOXIN(TM)) has revealed this phyto-pharmaceutical compound has a strong anti-sickling effect.
Orphan Drug status entitles a company to various incentives including the waiver of Regulatory Filing fees, access to potential grant funding for non-clinical and clinical research to generate required data for marketing approval, and seven years of marketing exclusivity for a designated drug once approved by the FDA.
Xechem International, Inc. (the "Company") owns the exclusive rights to the NIPRISAN (HEMOXIN(TM)), a drug cocktail, which is a phyto-pharmaceutical composition of four traditional plants extracted in a proprietary process. The licensor of the technology is the National Institute for Pharmaceutical Research and Development (NIPRD) in Abuja, Nigeria. Nigeria has the highest sickle cell disease population in the world estimated at between four and six million sufferers, roughly three to five percent of the country's population. NIPRD has already conducted Phase I, Phase IIa and IIb clinical trials and is currently conducting Phase III clinical trials in Nigeria. The results of the Phase IIa and IIb trials while limited to a patient pool of 82 patients nonetheless resulted in a complete remission of SCD crisis in 73% of the patients taking the drug and a substantial reduction in crisis for the remaining patients in the study. The Nigerian human clinical trials were performed using a double-blind crossover study at six months using a placebo.
In the United States, there are approximately 80,000 patients suffering with SCD who have, on average, three to five crises per year. The estimated annual insurance costs for hospitalization associated with SCD crises is approximately $475 million.
According to Xechem's founder and President, Dr. Ramesh C. Pandey:
"We are pleased to hear this good news from the FDA. Receiving an Orphan Drug status for this phyto-pharmaceutical from the FDA's Office of Orphan Drug Products Development helps Xechem come a step closer to bringing its product to the patients who suffer from SCD. Having been granted Orphan Drug status for NIPRISAN (HEMOXIN(TM)) brings credibility to the value of phyto-pharmaceutical medicaments and also provides our investors with a better understanding of the Company's core competency. The granting of Orphan Drug status for NIPRISAN (HEMOXIN(TM)) marks a significant milestone in our Company's history."
Xechem International, Inc. is headquartered in New Brunswick, NJ, with subsidiary companies in the United States, India, and Nigeria with joint ventures located in the Peoples Republic of China, and Hong Kong. The Company is engaged in the research, development, and production of generic and proprietary drugs from natural sources, as well as specializing in the development of niche-generic, difficult to replicate anticancer (including generic Taxol(R)), antiviral (including HIV/AIDS) and antibiotic resistant bacterias such as Helicobacter Pylori (H. Pylori), Vancomycin resistant Enterococcus Faecalis (VREF), Methicillin resistant Staphylococcus Aureus (MRSA) and Candida Albicans. The Company's management and scientific team are also considered world wide as experts in the field of nutraceuticals and screening of extracts and pure compounds from various parts of the world for their therapeutic use.
Xechem Pharmaceuticals Nigeria Limited's current involvement with NIPRD and Sheda Science and Technology Complex (SHESTCO) through its operations in Nigeria will also give the Company a first hand view and potential collaboration in other important pharmaceutical developments in HIV/AIDS and Malaria currently being funded by the Nigerian government. Nigeria has the largest population of any country in Africa and one of the target focal points for the United Nations Development Program, Millenium Goals and other foundations such as USAID and the Bill and Melinda Gates Foundation. These groups are actively engaged in funding the research and development of new pharmaceuticals for the entire continent of Africa.
Contacts
Xechem International, Inc. Dr. Ramesh C. Pandey, 732-247-3300 or Dean Petkanas, 516-333-5522
Company Information Center Quote/Chart
Posted by bond006 on :
Anyway I hope that this helps you can follow up as to where they are today if they will tell anybody .
I say this because at one time Bristol Meyers tried to steal there research. It failed and xkem was awarded a 4.2 million dollar settle ment in court.
good nite all
Posted by bond006 on :
good morning all
Posted by bond006 on :
today we should get a good idea how the future will shape up. And what we should do long or short term
Posted by bond006 on :
At the meeting right now
Posted by: nordica1 In reply to: pakman who wrote msg# 58917 Date:10/24/2006 11:41:40 AM Post #of 58955
OK, I'm here with Smartmoney. Meeting is going great. Great turnout, very impressive panel and guests.
BTW, not sure if this has already been PR'd, the drug has also got Orphan Drug Status in the European Union !!
Will update later !
ps - coffee is great and Pandey is a captivating speaker , definitely NOT a deer in headlights
Posted by bond006 on :
Posted by: nordica1 In reply to: knowlesmsncom who wrote msg# 59011 Date:10/24/2006 12:45:17 PM Post #of 59044
Per Board re: Revenue Guidance:
" Market is too LARGE to accurately give revenue projections, just too many variables at this early stage of development. "
It appears that they are deliberately moving slow towards their pre-factory (full scale) quota in order to smooth out any distribution issues prior to full scale production
Posted by liquidmetal on :
So does this latest PR mean they are officially diluting the stock? I wonder how low we will go....
Posted by Redwinger on :
I am sure we'll see the .00x's or .01 very soon, once they start dumping shares into the mix Sad to see my vote for no new Shares lose. I know bond has said some good things about what they can do with the new money from these additional shares... but with the loan they just got, that would have been enough to work for a while, until they got the new building working at 100%.
Ohh well, this stock looked good, but now looks to be a long LONG holder, unless a merger comes soon.
Red
Posted by bond006 on :
3.5 billion a/s thats going to hurt the pps for a while and if the company does use them to dilute the pps will range and not go up. They say they are not going to use them but why would you create them then?
This going to be a long term play so I am going to figure out how I will play it glta
Posted by bond006 on :
re post
Posted by: bigdaddyc25 In reply to: None Date:10/24/2006 11:26:12 PM Post #of 59342
Good job on the summaries boys. It was GREAT to meet those that were in attendance. We made contacts today that will be of most value in our continued DD.
Here is what I want to add:
1)Funding (Vitamin M - as Pandey called it) They need about $20M to bring full scale product to market in Nigeria, and begin clinical trials and FDA app in US - $9.3M already approved - $4 - $5M expected from NEXIM - ??? pre-purchase from the Nigerian govn't
The pre-purchase will be huge, and is close now. Company officals hinted at it all day, and kept telling us something was cooking, but could not yet give us the details. The Nigerian lady from the health ministry also hinted at it very strongly. I asked her clear cut, how could the Nigerian people afford the drug? She responded that the govn't was going to pay for it, and that she was told not to say anymore at this time.
2) Increase in AS Basically dilution is just about done at XKEM. They restricted the 1.5B shares because they know they do not need them. They asked for 5B prior to completion of the UPS loan, and responded quickly to our concerns. They have left the remainder of the increase in tact, as a back-up for remainning funding. They also mentioned the need for employee incentives, and possible acquisitions. I do not belive O/S will go over 2.5B, and that they are making EVERY efforty possible to eliminate dilution.
3) Demand in Nigeria The Nigerian Director of Schetsco, who was at the meeting, also surprised me, when he told us all that the Nigerian sufferers reported at approx 4M people, is grossly understated. He said that teh number is closer to 10M. He said that the only concern XKEM would have after the new factory is built, is how they are going to expand it. The Nigerian officials made it very clear that the drug works, and that the demand is huge right now.
4) US Market Pandey stated that funding from above will also cover the beginning of US clinical trials. He also said that he expects US ap[proval in approx 2 years. The part that surprised me was that he said orphan status drugs sell for as high as $50,000 a year per patient in the US. This could be a $4B drug in the US alone. WOW and 7 years of 100% exclusivity.
5) Europe
The head of XKEM Europe, announced that XKEM is now able to sell NICOSAN in Europe. He announced this as great news to the whole group, and then Pandey and the gang danced around the follow up questions. I found this very interesting.
6) Institutional Investors
I was sitting beside TRYZ on one side, and teh HEAD of a Hedge Fund on the other side. I got the guys card, and will call him to discuss things further. His fund owns approx 13M shares. He told me that institutions are starting to notice XKEM. He also told me that there is alomost no short position on XKEM right now, and that the decrease in share price, was due to weak longs, and Chassman. His group is very bullish on XKEM. He also knows a lot of things we don't. For example, he told me that Chassmna does not vote at any of the meetings.
More will come as I remember. I was very impressed with the passion and energy form Pandey. He is smart and relentless. I have no doubt he will succeed.
later BigD
Posted by bond006 on :
anybody home today
Posted by BooDog on :
just me. you still have me on iggy?
Posted by dollar13 on :
yes BOND i am here , any news
Posted by Daveo on :
Hay! Bond how did the meeting go waiting to hear Ive been a long for a long time got in and holding since may. always read you guys post nightly Thanks.
Posted by Daveo on :
Just keep holdin on it will make us RICH!!!!
Posted by bond006 on :
have not heard much from thoes that went.
All were very impressed with Dr. Pandey
They did not get all 5 billion shares they only increased the a/s to 3.5 billion.
They did say that in 2 years the revenues were exsepcted to be in the billions. All is moving ahead as planned.
Folks I think this will be a long term play.
I personally have made the decision to have some shares tucked away for 2 or more years. That is what I am getting out of this it could change anytime but as fir now that is what I am doing
Posted by GreenDay on :
Is the increase to 3.5 immediatly on the open market and if so on what date??
or is the difference between the current outstanding of I think about 1.9 and the 3.5 the shares they wnat to use to as staff incentives?
Posted by Redwinger on :
GD,
I think they are holding them for staff ATM, but could use them for other things if they need the $$ in the future. But I believe they said they were not gonna dilute, as of yet...
Posted by bond006 on :
The Co. says they do not want to dilute
The extra shares are there to attract personel and for emergency.
The fact is the if they are there it most likely be considered by investores as dilution IMHO and that will be for a time a negative on the pps
Posted by Sally77 on :
Anger will not come close to encompassing what I will feel if they dilute.
All we have heard for months from Burg is "non-dilutive loans." They got the first one. If they dilute, this company has no concern whatsoever about the shareholders. They have time and again proven that their goal is to get the drug out. Great. That's what we all want, but you can't do it at the shareholder expense.
Only time will tell for XKEM.
Posted by Redwinger on :
Ya Sally, seems like a really long play with this stock now. Unless we see some merger news...
Red
Posted by bond006 on :
I know that this post is old hat but it does state there reason for the increase in the a/s and the management approved less than they could have to help with investor concerns nad I hope they are telling the truth
Press Release Source: Xechem International, Inc.
Xechem Announces Results of Annual Stockholder's Meeting Tuesday October 24, 12:19 pm ET
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Xechem International, Inc. (OTC BB: XKEM - News) announced today the results of its Annual Stockholder Meeting, held earlier today at the company's offices in New Brunswick, New Jersey. Proxies representing a majority of the shares voted at the Annual Meeting were cast in favor of management and its policies and actions since the previous annual meeting, including the resolutions brought before the shareholders for a vote. ADVERTISEMENT
Xechem's Chairman and CEO, Dr. Ramesh Pandey, updated shareholders on developments at the company, with emphasis on the strides made by its subsidiary, Xechem Pharmaceuticals Nigeria, Ltd., in commercializing NICOSAN(TM), its Natural Herbal Drug for the prophylactic management of Sickle Cell Disease (SCD). Included in Dr. Pandey's presentation were slides showing the progress made in the construction of the new state-of-the-art commercial scale production facility which will adhere to the cGMP standards at its premises in Abuja, Nigeria, presently slated for completion by mid to late 2007. Dr. Pandey also recounted for those in attendance the extraordinary transformation that has occurred since 2002, when Xechem was developing the drug with borrowed equipment in temporary lab space. Now, he said, Xechem has built a modern, cGLP standard pilot facility from the ground up that rivals any in Nigeria and is currently producing and selling limited quantities of the drug at the highest standards. According to Dr. Pandey, "When you consider how far we have come with the limited resources available to us, including receiving approval from Nigerian drug regulators in July of this year and our success in bringing the drug to market, I am very pleased with what we have accomplished in a relatively short period of time. To be sure, much work still lies ahead, but I am optimistic that our progress will continue to accelerate and I look forward to delivering rewards to our shareholders."
At the meeting, the current slate of directors, Dr. Pandey of Highland Park, New Jersey, Mr. Stephen Burg, of Fairfield, California and Dr. Adesoji Adelaja of Okemos, Michigan, were all re-elected by wide margins to the board of the company. Other resolutions passed by shareholders included the ratification of the company's selection of Moore Stephens P.C. as its auditors, the adoption of a Stock Option Award Plan authorizing the grant of options to purchase 150 million shares of the company's common stock, and an approval to an amendment to the company's certificate of incorporation to increase the number of authorized shares of common stock from 1,950,000,000 to 5,000,000,000.
Board Takes Action to Voluntarily Limit Company's Ability to Issue Shares Without Further Shareholder Action
Despite the approval by shareholders to increase the company's authorized share capital, Xechem's board of directors held a special meeting immediately following the conclusion of the Annual Meeting and passed a resolution restricting the ability of the company to issue more than 3.5 billion total shares without a further vote of the shareholders. According to Xechem's Chairman and CEO, Dr. Ramesh C. Pandey, "The resolution increasing the company's authorized share capital was never a reflection of any present intention by the Company to issue shares in the amount of the proposed increase, but rather was designed to give the company maximum flexibility to respond to ever-changing events and opportunities, and to provide a hedge against unforeseen and unanticipated circumstances. However, after listening to the concerns of our shareholders, the Board was persuaded to voluntarily limit the ability of the company to issue more than 3.5 billion shares without further authority from the shareholders. I believe that the Board's action in limiting the issuance of shares will allay shareholder concerns while still providing the company ample flexibility to respond to future circumstances."
About Xechem
Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its primary focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (named HEMOXIN(TM) in the US and Europe) for the prophylactic management of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN(TM), Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University (VCU).
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward looking statements involve known and unknown risks and uncertainties.
Contact: Xechem International, Inc Stephen Burg, Director 707-425-8855
-------------------------------------------------------------------------------- Source: Xechem International, Inc.
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Posted by bond006 on :
If you have forgot this is a Q/A post with Dr. Pandey remember queastions 3,4,5 htey are all good and you can see how things are coming together now
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Xechem Chairman Responds to Shareholder Questions Regarding NICOSAN(TM) Progress and Sales Forecasts Wednesday August 16, 8:00 am ET
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Aug. 16, 2006--The Chairman of Xechem International, Inc. (OTC BB: XKEM - News), Dr. Ramesh C. Pandey, responded today to a number of questions posed by investors and others in the business community concerning the status of its operations in the aftermath of the approval of NICOSAN(TM), its sickle cell drug, by Nigerian regulators on July 3rd, 2006. Some of the questions posed to the company and answered by Dr. Pandey are the following: Status of Production Facility
Q1: Xechem has reported that its Sickle Cell Drug, NICOSAN(TM), is being produced in limited quantities at its pilot scale facility in Abuja, and that construction has now begun on its full scale facility at the same location. When do you expect the full scale facility to be completed and at what cost?
A1: We estimate that the construction of the new facility will be completed in approximately nine to twelve months, subject to timely receipt of the required funds, and the facility will be fully operational then. Our current estimate is that the total cost of the new facility, including the cost of the required machinery and equipment, will be approximately $12 to $15 million, of which over $5 million has already been invested by the Company.
Expected Sources of Funding
Q2: What are the sources of the expected funding to finance the capital expenditures?
A2: In the past several weeks, we received a loan from NEXIM Bank of Nigeria for 150 million Naira (USD $1.2 million). The bulk of those proceeds have been earmarked for the initial phase of construction, and that work has recently begun. NEXIM has been an extremely supportive lender that likes very much what Xechem is doing in Nigeria and has expressed a strong interest in investing significantly more money into Xechem's operations there. In fact, advanced discussions are now underway with NEXIM officials concerning a substantial new loan, the proceeds of which would be used primarily for constructing the buildings for the new commercial scale facility. We are also continuing to aggressively pursue an approximately $8 to $9 million loan through the U.S. Export-Import Bank Loan Guarantee Program.
Q3: Can you provide a report on the status of the Ex-Im loan and the likelihood that it will close in the near future?
A3: As with any significant commercial loan to a company at our stage of development, issues arise during the course of negotiation and due diligence that can affect the timing of any proposed transaction. This was especially true prior to July 2006, when we received regulatory approval from Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC). That approval added quite a bit of credibility to our efforts, particularly in procuring the required local Nigerian bank guarantee, and has seemed to accelerate the pace of negotiations with the various parties involved with the Ex-Im guaranteed loan. Although certainly there are no assurances as to when or if this loan will close, I believe we have satisfied all of the statutory and other requirements for the transaction and my sense is that this loan has an excellent chance of being approved in the near future.
Q4: Do you believe the government of Nigeria may step up and agree to provide financial support to Xechem in one form or another?
A4: In my judgment, the government of Nigeria has an incentive to offer financial support to Xechem for at least three important reasons. First, we have licensed our product from Nigeria's National Institute for Pharmaceutical Research and Development (NIPRD), which stands to benefit directly from our financial success through the gross royalty they will receive from the sale of our product. Second, there is no place in the world where NICOSAN(TM) is more desperately needed than Nigeria and I believe that the government has a strong incentive on humanitarian grounds to help insure that the drug reaches as many of its citizens as can be accomplished. And third, Nigeria is working very hard to improve its image internationally and to promote corporate investment, especially by American companies. The government of Nigeria knows that Xechem is being closely watched by investors and others in the business community who want to see if an American company like Xechem can be truly successful in Nigeria. For all of these reasons, I believe that the government of Nigeria would consider offering Xechem substantial financial support in one form or another under the right circumstances .
Q5: Has Xechem already approached the Nigerian government about the possibility of providing Xechem some form of financial accommodation?
A5: As with many aspects of the development of our business, until our drug was formally approved by the regulators in Nigeria, it was impossible to have meaningful dialogue concerning possible governmental support for Xechem in whatever form. Now that the drug has been approved, those doors have been opening, in some case widely, and that has been the case concerning possible governmental support. While I cannot speak to the details of those discussions or comment on the possible timing or likelihood of working directly with the government to support our operations financially, I can say that we are having high level conversations with government officials concerning a possible pre-purchase of large scale quantities of our product for distribution by the government in the country's national hospitals.
Current and Projected Sales Activity
Q6: Turning to the drug itself, have sales of the product begun and, if so, how is the drug being distributed?
A6: We have begun sales of the product on a limited basis in Abuja. Because we are producing pilot scale quantities which are insufficient to meet the expected demand for the product, we have strictly limited distribution of the drug so that, at present, it can only be acquired at Xechem Nigeria's headquarters at Sheda Science and Technology Complex (SHESTCO), Abuja. Soon, we expect to open three to four satellite offices in Abuja. These measures will last until the full scale facility is completed when we will turn to more traditional avenues of marketing and distribution throughout Nigeria and beyond. Keep in mind that once on the medicine, a patient must continue taking it on a daily basis without interruption in order for the drug to be effective. One of our big concerns is making sure that once a patient begins taking the medicine, that person will have uninterrupted access to the drug going forward.
Q7: How many patients do you expect to serve before the completion of the full-scale facility?
A7: Based on the quantities of the finished product now on hand and our current small-scale production capability, we project that we will be able to meet the needs of approximately 20,000 patients per month on an annualized basis pending completion of the full-scale facility.
Q8: What is the current price for the drug and what sales volume do you forecast for this initial period prior to full-scale production?
A8: We are currently charging 3000 Naira (USD $23) per month for adult patients and 2400 Naira (USD $18.50) per month for children. If we meet our target of supplying 20,000 patients per month on average during the first year, this will result in annual sales of approximately $5 million during this period of limited production capability. That number could be significantly higher if, as we expect, we are successful in achieving some incremental increase in capacity between now and the time the full-scale facility is completed.
Q9: Once the expanded production facility is completed, what do you feel is the market potential for this drug?
A9: There are approximately 4 million people in Nigeria alone afflicted with Sickle Cell Disease, of whom we believe upwards of 50% live in urban or quasi-urban areas where average income levels are believed to be sufficiently high to absorb the retail cost of the product. Realistically, we believe we should be able to penetrate more than half of that segment of the market over a five year period, which would result in estimated annual revenues to Xechem Nigeria of approximately $200 million at today's prices. And that is for Nigeria alone. Needless to say, down the road, we expect to generate additional revenues from sales of the product throughout Africa, not to mention India and the Middle East and, of course, Europe and the United States. Also, these figures do not take into account additional sales that may be possible to poorer segments of Nigerian society as part of a pre-purchase or other support program with the government of Nigeria.
Q10: Can you speak to the substantial decline in the price of Xechem stock that has occurred since the launch?
A10: There are many theories on that, and it's probably best for me not to address them directly. What I do feel comfortable in saying is that we have something very special going on in Nigeria right now and have unquestionably accomplished a great deal in getting to this point in spite of the many obstacles in our path. I am confident that as we secure one or more traditional bank type financings and move forward in the implementation of our business plan, things will change markedly for Xechem and its shareholders. My message to our shareholders is this: the patient investor will be rewarded as we progress toward full scale production of this historical drug.
About NICOSAN(TM)
NICOSAN(TM) is an anti-sickling drug developed by Nigerian scientists at the National Institute for Pharmaceutical Research and Development (NIPRD). In clinical studies conducted under NIPRD's auspices, the drug has shown to substantially reduce the degree of sickling of the red blood cells of those afflicted with the disease. While not a cure, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced.
About Xechem
Xechem International is a development stage biopharmaceutical company working on anticancer, antiviral (including AIDS), antifungal, antimalarial and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (natural herbal drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem's mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN(TM) (to be marketed as HEMOXIN(TM) in the US and Europe). With the Nigerian regulatory approval now in hand, Xechem will now turn to the commercialization of the drug in Nigeria and the pursuit of US FDA and European regulatory approval. In addition to NICOSAN(TM), Xechem is also working on another sickle cell compound, 5-HMF, which it has licensed from Virginia Commonwealth University.
Forward Looking Statements
This press release contains certain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by safe harbors created hereby. Such forward-looking statements involve known and unknown risks and uncertainties.
Contact: Xechem International, Inc. Stephen Burg, 707-425-8855
-------------------------------------------------------------------------------- Source: Xechem International, Inc.
Email Story Set News Alert Print Story
Posted by mizzou7 on :
Item 3.02 Unregistered Sales of Equity Securities. On October 24, 2006, Xechem International, Inc. reached agreement with Marjorie Chassman ("Chassman") regarding a bridge loan financing, whereby Chassman agrees to loan $500,000 to Xechem, of which approximately $360,000 has been funded. The note has been negotiated to convert into shares of our common stock at $0.03 per share (approximately 16,666,667 shares, excluding interest). The note bears interest at 8% and is due May 31, 2008. Xechem may prepay the note any time within six months of receipt of the $500,000, during which six month prepayment period, Chassman agrees not to convert the note. As additional consideration for infusion of the capital and if Xechem does not repay the loan within six months of receipt of the full $500,000, Xechem will issue Chassman an additional 8,333,333 warrants, exercisable at $0.04 per share for a period of 5 years. In addition, Chassman has agreed to extend the due date on all existing notes held by the Company to May 31, 2008. The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit.
The Company relied upon the exemption from registration available under Section 4(2) of the Securities Act of 1933, as amended. Chassman is an accredited investor and had access to information about Xechem.
Posted by Sally77 on :
I don't know how much we can blame on Chassman. I just hope the money is worth it in the end.
Posted by BooDog on :
Marjorie Chassman ("Chassman")
Did anyone think XKEM wouldn't hook them up? The well will never be dry.
Posted by Redwinger on :
So we are already "pawning" off some of our newly "no-dilute" shares that we voted (I voted a big NO ) on?
Red
Posted by The Phat Man on :
gimme a D !!! gimme an I !!! gimme an L !!! gimme an L !!! gimme a U !!! gimme a T !!! gimme an I !!! gimme an O !!! gimme an N !!!
that spells Piece of Sh!T!!!!!!!!!!!!!! yeah... go pieces of Sh!t !!!! :-)
good luck. this play is way 1982.
i put out a CHUNK of DD on this POS before it became the true POS that it is today. please view previous posts of mine regarding xkem (either on allstocks and/or ihub) for a full viewing on the scam that these people have their fingers on. good luck, honestly... hope and only want people to make money all the time.
Posted by dollar13 on :
No need to be rude dude, but thanks for all your DD and all your time wasted in here(LMAO).
Posted by Redwinger on :
lol
Posted by The Phat Man on :
dollar... c'mon... you and i were in this POS from the beginning... don't you remember the huge (5 pages if you printed it out) writing that i put out on xkem and the entire Chassman Klan? i got tons of sh!t for it from all angles... everyone calling me a 'basher' and all that BS. in the end, and even 'til now with 'more improved dilution!' i still stand correct. dude, at least give me that much regarding foresight in total POS/dilution plays. i called that sh!t when xkem was sittting at .05 and on its way to .10 it eventually hit .10/.11 and left millions of bagholders after the fact. until ALL those bagholders have left, this play will never see .05 again unless the FDA gives approval or jesus comes to earth and says 'let there be nicosan'!
Posted by Redwinger on :
ROFLMAO, quote of the week, "jesus comes to earth and says 'let there be nicosan'!"
Or, if they get bought out, which still may be a possibility... no?
Posted by The Phat Man on :
quote:Originally posted by Redwinger: ROFLMAO, quote of the week, "jesus comes to earth and says 'let there be nicosan'!"
Or, if they get bought out, which still may be a possibility... no?
geez... thanks red... at least i'm getting some credit from a 'peanut gallery' kind of perspective. glad i'm at least given the 'quote of the week' on allstocks :-) thank you... thank you very much... i'll be here all week.
Posted by dollar13 on :
quote:Originally posted by The Phat Man: dollar... c'mon... you and i were in this POS from the beginning... don't you remember the huge (5 pages if you printed it out) writing that i put out on xkem and the entire Chassman Klan? i got tons of sh!t for it from all angles... everyone calling me a 'basher' and all that BS. in the end, and even 'til now with 'more improved dilution!' i still stand correct. dude, at least give me that much regarding foresight in total POS/dilution plays. i called that sh!t when xkem was sittting at .05 and on its way to .10 it eventually hit .10/.11 and left millions of bagholders after the fact. until ALL those bagholders have left, this play will never see .05 again unless the FDA gives approval or jesus comes to earth and says 'let there be nicosan'!
i know that was a good call you did back then, and yes all the bagholder have left except me i guess, i don't see no sign of DILUTION yet, but if you say they are, probably is true.
Posted by money 76 on :
i dont see no sign of dilution too.
guys stock shall not go lower than 0.02's imo.
good chance to grab some stocks and wait for year end.
Posted by The Phat Man on :
Dollar, if the phat man says we are dead, then we are right? because everything he says is absolutely true....right?
Phat, all of the sudden you have gone from a valueable information sharer to downright annoying. Seems like that head of yours has gotten too big for your own good. I've seen your DD in the past and it was valueable. But now I see no DD , just disparaging comments. You aren't in XKEM are you? Then why are you here? Why are you on the FGFC thread? Do you have anything valueable to say other than your LMAOs? You used too, where did that man go?
Posted by bond006 on :
No we are not dead just nothing to say for a while we all know that the plan is in action and the big news now is the completion of the factory and how the orders will be handled.
Posted by bond006 on :
Also phase 3 is very important the final clinical studies that are taking place now.
remember we have a two year licsence to operate in nigeria. Until phase 3 is done . no problem if you doubt phase 3 results than you are smarter than all the Banks
Posted by Sally77 on :
That .0201 hurt. OUCH! Currently down 5% at .217.
Posted by Sally77 on :
Info from IHUB:
Posted by: Lyteinvestor In reply to: None Date:11/6/2006 1:53:10 PM Post #of 62809
**SPOKE WITH BURG READ**
for what its worth, my friend/colleauge who also owns XKEM stock, just spoke with burg 1:45 est, in my office. Just got off the phone.
He stated five things of interest, which i heard.
1) as of today, they have not increased their O/S. remains at 1.4/1.5billion outstanding. My friend asked him "is that last O/S count and will it be different when the earnings are released soon?" Burg responded by saying "No, we are not issuing any shares. The current O/S is around 1.4/1.5billion shares"
2) there is no reason that the stock should be going down. "people call me everyday saying the stock is going down, the stock is going down"... "no reason for it".
3) Huge dilution is a lie. They have no intent to issue major amounts of shares. I repeat, Burg confirms current O/S = 1.4/1.5billion.
4) sales are just starting. they really havent begun yet. so their Q3 earnings will not be significant or anything. their sales are in their infancy.
5) factory will be up in 6 or so months he believes.
I was standing right by my friend as he called. Burg was very clear with these facts.
Posted by Hitman on :
TDWATERHOUSE not taking traded on XKEM just tried to buy internet or phone... Neg
Posted by dollar13 on :
WTF 0.01's it's coming
i cant stop the bleeding right now.
i comeback at 0.03 if we ever see it again
Posted by GreenDay on :
4) sales are just starting. they really havent begun yet. so their Q3 earnings will not be significant or anything. their sales are in their infancy.
Not good news. We need to show some profits (I think) to stay about .02 - .03
Posted by Redwinger on :
Wow, what a sell-off the last few weeks. Man this thing is a dog Posted by bond006 on :
I feel that we are close to a bottom IMHO and the the tide will turn this week .
If the right news comes we will really move I think something is brewing
Posted by Redwinger on :
Hopefully bond, this thing has been eating red pellets for what seems to be an eternity now Posted by bond006 on :
Lets see how todays trading goes It will tell us a lot.
I think the next thing that causes a big move in this will be a big Nigerian Government purchaes This is just my opinion and I get the from the Aug 16th pr
Posted by Sally77 on :
The BidDad one over at IHUB is predicting news. He's right more often than not. Of course he is expecting a big run on the news, but we will see...
Posted by bond006 on :
A repost
This is why I am in this long term
OMG Look At this info on XKEM This is price target $4.16
According to Dr. Ramesh C. Pandey, Chairman & CEO of Xechem, "We are working hard to bring NICOSAN(TM) / HEMOXIN(TM) to market initially in Nigeria and subsequently in the United States and other countries. There are approximately 4,000,000 people afflicted with Sickle Cell Disease in Nigeria alone, and development of this product is a major initiative of the Nigerian government, which has shown tremendous support for our efforts. The Nigerian market alone represents potential revenue in excess of $500,000,000 for the company. Xechem was prominently mentioned several times in the state of the union address by the Nigerian President late in 2004.Basically He states that Just in Nigeria the market is worth over $500 million in revenue alone per year. We figure that within a year they will have the production facilities active to supply all of Nigeria with the drug. Now considering he was able to give us a Revenue projection, all we need now was to compare this to other BioTech companies, by their Price to sales (Revenue) ratios. Lets do the math.........
Company Name Price to Sales Ratio Amgen: 16.40 (Averages between 5-17 in the last 5 years) Genetech 11.32 Acadia Pharmaceuticals 21.3 Biomira Inc 26.1
In General the Price to sales ratios tended to run between 2-30 averaging around 10 on the 20 random BioTechnology companies we looked at.
Now Lets use the average of 10 and multiply that by the Projected revenue figure given to us by Dr. Pandey once the drug is supplied to only Nigeria:
Now understand that Nigeria represents just 1/3 of the worlds sickle cell anemia sufferers. Now it will take them longer to get their product approved and distruibuted to the rest of the world, however this should be able to be accomplished in a 3-5 year timespan. Given the numbers above we get:
3 X 5,000,000,000 / 1,200,000,000 = Share Price of: $12.48 ( 3-5 year projection)
As you can see this company is going to be tremendously undervalued once the Drug approval PR and Launch of the drug takes place.
Stock Alert! = Xechem International Inc. Ticker Symbol = XKEM Sector:Healthcare Industry: Biotechnology Website = www.xechem.com Short Term Target Price = $4.16 Long Term Target Price = $12.48 Disclosure = We Own Shares Recommendation = MEGA BONUS BUY !!!
Information To Consider
1.Nigeria Export Import Bank (NEXIM) has concluded plans to raise its share capital from N50 billion to N100 billion. This is coming at a time when President Olusegun Obasanjo gave the management and board of the bank, a part on the back for a job well done. The bank recently concluded a deal to fund a drug, NICOSAN, which would generate a yearly minimum of $5 million in foreign exchange in the first two years of operations from royalty payments and exports.
2.Nigeria has broken new grounds in biotechnology with the production of a drug which effectively controls the sickle cell anemia. The drug named NICOSAM would be officially launched on July 8 by the President, Chief Olusegun Obasanjo. According to the Minister of Science and Technology, Prof. Turner Isoun, the drug would also be exported to other countries of the world.
3.On June 15, 2006, Xechem International, Inc. reached final agreement with Marjorie Chassman ("Chassman") regarding a bridge loan financing, whereby Chassman agrees to loan $1,025,000 to Xechem, in two tranches, one in the amount of $500,000 and the other in the amount of $525,000. The first tranche of $500,000 was infused on Friday, June 9, 2006. The second tranche of $525,000 is due by Friday, June 23, 2006. The note has been negotiated to convert into shares of our common stock at $0.015 per share (approximately 66,666,667 shares, excluding interest). The note bears interest at 8% and is due May 31, 2008. As additional consideration for infusion of the capital, Xechem will issue Chassman 66,666,667 warrants, exercisable at $0.02 per share for a period of 5 years. In addition, Chassman has agreed to extend the due date on all existing notes held by the Company to May 31, 2008. The loan has not been documented at this time. Upon documentation, it will be filed as an exhibit .
3.NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--June 6, 2006--Xechem International, Inc. (OTC BB: XKEM - News) Xechem International announced today that it has received Orphan Drug designation from the U.S. Food and Drug Administration (FDA), Office of Orphan Drug Products Development, for the five-membered heterocyclic anti-sickling compound known as 5-HMF for the treatment of patients suffering from sickle cell disease (SCD).
4.NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--June 1, 2006--Xechem International, Inc. (OTC BB: XKEM - News) announced today that its Nigerian subsidiary, Xechem Pharmaceuticals Nigeria Ltd. (Xechem Nigeria), has successfully closed on a N150 Million Naira ($1.2 million) loan from the Nigerian Export-Import (NEXIM) Bank. The loan has a three year term, with a moratorium on repayment of principal during the first year. Xechem International is neither a borrower nor a guarantor under the loan facility in this transaction.
5.NEW BRUNSWICK, NJ – January 25, 2006 – Xechem International, Inc. (OTC BB: XKEM) Xechem International said today that the $4.2 million settlement of its antitrust lawsuit against Bristol-Meyers Squibb Co., announced December 2005, has closed and that the net settlement proceeds have now been received by the company.
6.RE: Nicosan VS Hydroxyurea Nicosan: no none side effects Hydroxyurea: IMPORTANT WARNING: Hydroxyurea may cause severe, life-threatening side effects, including certain cancers. Talk to your doctor about the risks of using hydroxyurea for your condition.
Posted by bond006 on :
The above post is not going to happen over night.
But once we become legit in the eyes of the medical community which means fda approval and completion of phase 3 clinical studies we will be there.
I myself am pulling my shares and going to hunker down and wait
I will buy some more to play with at these prices.
I really do believe we will hear of a large government purchase soon. IMHO and that is before the factory is done. IMHO
Posted by dollar13 on :
Industry Conference
10th Annual Biotech/Specialty Pharma Conference DATE December 12–13, 2006
TIME Day One 8:30 a.m.–4:30 p.m. Day Two 8:30 a.m.–4:30 p.m.
CHAIRS Sherry Lombardi, The Answer Factory Laurie Malen, The Answer Factory
LOCATION NYSSA 1177 Avenue of the Americas, 2nd Floor (between 45th and 46th Streets), NYC (Directions) Photo ID required for access to the building.
REGISTER/FEE Early Registration by November 28 One Day: Members $195 | Nonmembers $295 Two Days: Members $295 | Nonmembers $395 Registration November 29 to December 5 One Day: Members $265 | Nonmembers $365 Two Days: Members $365 | Nonmembers $465 After December 5 Register at the door: Additional $50 due (space permitting)
CREDIT PD/CE/CPE = 2
-------------------------------------------------------------------------------- Register Online Register via Mail/Fax Policies & Procedures
CONFERENCE DESCRIPTION 2005 was a relatively strong year for the biotech and specialty pharmaceuticals industry. Global revenues were over $80 billion, compared with $22 billion in 2000. The industry’s market cap closed the year at an all-time high of $488 billion. The IPO market has opened up: Seventeen companies raised $819 million in the U.S. in 2005, with slightly over half currently trading above their IPO price.
Small-cap biotech stocks took a downward turn during the first half of 2006, but have been on an incline since August, regaining most of their losses. The Amex Biotechnology Index is up by almost 10% as of early November, and the Nasdaq Biotechnology Index is now flat for the year. Can investors expect a sustained rally before the end of 2006 and into 2007?
Don’t miss this chance to learn about the current and future opportunities in specialty pharmaceutical and biotechnology stocks. The CEOs, CFOs, and other VIPs from many of the industry’s most innovative small- and micro-cap companies will discuss their plans to develop and market important new drugs, diagnostics, and delivery technologies.
AGENDA Day 1 8:30 Check-in & Continental Breakfast 8:55 Welcome & Opening Remarks 9:00 Outlook for the Biotech & Specialty Pharmaceuticals Industries
9:30 CytRx Corporation (Nasdaq: CYTR) Steven A. Kriegsman, President and CEO Jack Barber, PhD, SVP, Drug Development CytRx, a biopharmaceutical research and development company, is engaged in the development of high-value human therapeutics.
10:10 Break 10:20 DURECT Corporation (Nasdaq: DRRX) Schond L. Greenway, Executive Director, IR & Strategic Planning An emerging specialty pharmaceutical company, DURECT is focused on the development of pharmaceutical systems based on its proprietary drug delivery platform technologies.
11:00 DRAXIS Health Inc. (Nasdaq: DRAX; TSX: DAX) Martin Barkin, MD, President and CEO DRAXIS Health is a rapidly growing specialty pharmaceutical provider of contract manufacturing services for international clients and radiopharmaceuticals for its own account.
11:40 BioSante Pharmaceuticals, Inc. (AMEX: BPA) Stephen M. Simes, President and CEO BioSante Pharmaceuticals is developing a pipeline of hormone therapy products to treat both men and women.
12:30 Luncheon Presentation: The Emerging Field of Stem Cells Michael D. West, PhD, President and Chief Scientific Officer, Advanced Cell Technology; Author of The Immortal Cell: One Scientist's Quest to Solve the Mystery of Human Aging
1:00 Heska Corporation (Nasdaq: HSKA) Robert Grieve, Chairman and CEO Heska sells advanced veterinary diagnostic and other specialty veterinary products.
1:40 DNAPrint Genomics, Inc. (OTCBB: DNAG) Hector J. Gomez, MD, PhD, Chairman and Chief Medical Officer DNAPrint Genomics offers pharmacogenomics that permit personalized drug development with fewer patients, shorter duration, and lower costs.
2:20 Viral Genetics, Inc. (OTCBB: VRAL) Michael Capizzano, VP, Finance, Business, and Corporate Development A biotech company, Viral Genetics is discovering and developing immune-based therapies for HIV/AIDS and infectious and autoimmune diseases.
3:00 Break
3:10 Xechem International, Inc. (OTCBB: XKEM) Ramesh C. Pandey, PhD, Chairman and CEO Xechem International, a biopharmaceutical company, is engaged in developing drugs for sickle cell disease, malaria, AIDS, and cancer from natural sources.
3:50 Aradigm Corporation (Nasdaq: ARDM) Igor Gonda, PhD, President and CEO Aradigm is using its advanced AERx pulmonary platform and novel formulations to develop novel respiratory products.
4:30 Closing Remarks & Adjournment
AGENDA Day 2 8:30 Check-in & Continental Breakfast 8:55 Welcome & Opening Remarks 9:00 Outlook for Small- and Micro-Cap Biotechs Matthew G. Cohen, MD, VP, JP Morgan Investment Management
9:30 Cyclacel Pharmaceuticals, Inc. (Nasdaq: CYCC) Spiro Rombotis, President and CEO Cyclacel Pharmaceuticals is dedicated to the discovery, development, and commercialization of novel, mechanism-targeted drugs to treat human cancers and other disorders.
10:10 Break
10:20 Neuro-Hitech Pharmaceuticals, Inc. (OTCBB: NHPI) Reuben Seltzer, CEO A biopharmaceutical company, Neuro-Hitech Pharmaceuticals is focused on the development and commercialization of next-generation compounds against proven targets for neurodegenerative diseases.
11:00 The Quigley Corporation (Nasdaq: QGLY) Guy Quigley, CEO Albert Piechotta, Director of Communications The Quigley Corporation is a diversified natural health medical science company.
11:40 Provectus Pharmaceuticals, Inc. (OTCBB: PVCT) Craig Dees, PhD, CEO Provectus Pharmaceuticals is a pioneering pharmaceutical company actively engaged in the design, development, and marketing of pharmaceutical technologies for the treatment of breast cancer, liver cancer, and metastatic melanoma.
12:20 Lunch
1:00 EntreMed, Inc. (Nasdaq: ENMD) James S. Burns, President and CEO EntreMed, a clinical-stage pharmaceutical company, is developing next-generation multi-mechanism oncology and anti-inflammatory drugs.
1:40 Advanced Cell Technology, Inc. (OTCBB: ACTC) William M. Caldwell, IV, CEO Advanced Cell Technology is a biotechnology company applying human embryonic stem cell technology in the emerging field of regenerative medicine.
2:20 Cleveland BioLabs, Inc. (Nasdaq: CBLI) Michael Fonstein, CEO A drug discovery company, CBLI is developing technology from the Cleveland Clinic that modulates apoptosis.
3:00 Break
3:10 XTL Biopharmaceuticals Ltd. (Nasdaq: XTLB) Ron Bentsur, CEO XTL is focused on the development of novel drugs for infectious disease.
3:50 TBA
4:30 Closing Remarks & Adjournment
NYSSA reserves the right to change any part of its published program or list of presenters due to unforeseen circumstances.
The Big Money managers on Wall St are a very close eye on XKEM ! They are looking for OTCBB stocks with huge potential and XKEM is one of them. XKEM has experienced tremendous Money Flow this 3rd Quarter [w/ $31,000,000.00 trading in one day recently, THAT'S HUGE FOR A PENNY STOCK!!!] The Hedge Fund Managers are going to exploit, manipulate and INFLATE XKEM's pps, volume and Money Flow returning >5,000% profit for new buyers under 3cents. The brief 200% spike-up in June for XKEM is only a fraction of what is ABOUT TO TAKE PLACE!!! The 'Shorts' have squeezed Main St Longs who paid 6, 7, 8,9,10 and 11cents and many of those Main St sheep are selling and/or sold recently taking a 70% hair-cut on their investment. XKEM is poised to have the similar rally that PTSC had in Q-1 '06 rising from 7cents to near $2.00 in 3 months time. Folks this XKEM product; NICOSAN/HEMOXIN, which has received United States Food and Drug Administration (FDA)-designated orphan drug status as the first definitive therapy for sickle cell disease (SCD) and it has what it takes to get the Hedge Fund Managers ATTENTION!!!
yep this is the pump site LOL
Posted by J_U_ICE on :
Dr. Pandey is in the running for TOP CEO OF THE YEAR !!!
Wow, look at him, right in there with Steve Jobs and Warren Buffet!
Jo
Posted by BooDog on :
This should be interesting. spam mail come after you cast your vote? I'll take the 10K!
Posted by Redwinger on :
me2 Posted by dollar13 on :
i just vote for my favorite CEO Posted by dollar13 on :
back to 0.023
Posted by dollar13 on :
.025 is next
Posted by Redwinger on :
a booyah yet? Posted by dollar13 on :
i am in for a flip(i meant for a 70% hair cut) + holding shares
LOL
Posted by dollar13 on :
hod 0.024 , close at 0.024
peep this LOL
Posted by dollar13 on :
no bashers around hummmmmm
LOL
Posted by Redwinger on :
dollar, they'll be here soon.. Posted by bond006 on :
they will be around soon
Posted by BooDog on :
YOU GUYS ARE NUTS!! bash bash bash!!!!
oh wait.... I'm still in this eeeeeek!
Posted by dollar13 on :
ohohoho bashers alert .... Posted by Fredgrasshopper on :
This baby is ready for a good run. It's been channeling for 3 months now. GLTA
Posted by BooDog on :
At least they got Pandeys' good side eh?
Posted by dollar13 on :
Redwinger Member
Member Rated: posted November 12, 2006 22:31 -------------------------------------------------------------------------------- Don't put the XKEM jinx on this, noooooooooooooo
-------------------- 2L 2Q Don't invest with $$ that you cannot afford to lose all 100% of it.
that was not cool .... Posted by dollar13 on :
quote:Originally posted by Fredgrasshopper: This baby is ready for a good run. It's been channeling for 3 months now. GLTA
do you have L2 with MMs on this one?.
LOL
Posted by CobyCo1 on :
quote:Originally posted by dollar13: Redwinger Member
Member Rated: posted November 12, 2006 22:31 -------------------------------------------------------------------------------- Don't put the XKEM jinx on this, noooooooooooooo
-------------------- 2L 2Q Don't invest with $$ that you cannot afford to lose all 100% of it.
that was not cool ....
I agree, not cool ....
Posted by GreenDay on :
I voted with a yahoo email I use for internet stuff. Gooooo Pandey!!!!!!!!
Posted by Fredgrasshopper on :
quote:Originally posted by dollar13:
quote:Originally posted by Fredgrasshopper: This baby is ready for a good run. It's been channeling for 3 months now. GLTA
do you have L2 with MMs on this one?.
LOL
Yes, the MM's were visible today on this one. They are still hiding on CSHD though!
Posted by CobyCo1 on :
Sorry dollar, not trying to cause you any heartburn. I know which thread this is also. Still have intrest in XKEM. Nice art work !!!
Posted by Redwinger on :
quote:Originally posted by dollar13: Redwinger Member
Member Rated: posted November 12, 2006 22:31 -------------------------------------------------------------------------------- Don't put the XKEM jinx on this, noooooooooooooo
-------------------- 2L 2Q Don't invest with $$ that you cannot afford to lose all 100% of it.
that was not cool ....
And until this thing makes it back to the .05's or .06's its got the jinx attached to it
Red
Posted by BooDog on :
made me think of the game jacks. Only this time instead of stones we try to grab spinning pennies.
Posted by dollar13 on :
i am glad to see BASHERS coming in , a good stock is not good with out bashers...LOL
Posted by BooDog on :
HUH? I haven't bashed. LMAO
Posted by BooDog on :
quote:Originally posted by GreenDay: I voted with a yahoo email I use for internet stuff. Gooooo Pandey!!!!!!!!
good idea, I have a few extras
Posted by dollar13 on :
quote:Originally posted by BooDog: HUH? I haven't bashed. LMAO
i didn't say you were one.....
LMAO Posted by dollar13 on :
quote:Originally posted by Redwinger:
quote:Originally posted by dollar13: Redwinger Member
Member Rated: posted November 12, 2006 22:31 -------------------------------------------------------------------------------- Don't put the XKEM jinx on this, noooooooooooooo
-------------------- 2L 2Q Don't invest with $$ that you cannot afford to lose all 100% of it.
that was not cool ....
And until this thing makes it back to the .05's or .06's its got the jinx attached to it
Red
copy that red: dont invest in a jinx ,i will never do that nonoononononnoo Posted by dollar13 on :
hey glass what happend to my art post?
Posted by Redwinger on :
so if Pandey wins, do we see a spike in this thing? It's gotta help us with this PPS somehow, right?
Posted by dollar13 on :
probably we are going back to 0.01
remember this is a jinx until 0.05 or 0.06 hit
LOL
Posted by Jo4321 on :
You don't really think Pandy will win?
Have you seen the other nominees?
(Not that I'm not glad to see him nominated, but let's be realistic about the outcome)
Jo
Posted by dollar13 on :
i don't care if he win or not , people in ihub they are making sure for PANDEY to win so i don't worry about it .LOL
next ???
Posted by J_U_ICE on :
nice to see some action on here again Posted by BooDog on :
quote:Originally posted by Jo4321: You don't really think Pandy will win?
Have you seen the other nominees?
(Not that I'm not glad to see him nominated, but let's be realistic about the outcome)
Jo
IMO there are a lot of desperate bagholders here that will do everything they can to get attention. I say go for it, and maybe win 10k on the way LOL
Posted by Jo4321 on :
quote: IMO there are a lot of desperate bagholders
LOL....raising hand....
Jo
Posted by BooDog on :
I'm down from .033 myself. Just one of those stocks I can't leave alone.
Posted by Redwinger on :
I am in at .013, at .03, and at .07. So I am OK with whatever this thing does. Like I said, it would be nice to see this thing settle in at the .05 to .06 range. It's a good drug, just a dog of a stock Posted by dollar13 on :
A little bit of revenue.....they've got to get that plant built.
"We had revenues of $81,000 for the nine months ended September 30, 2006 as compared to $4,000 for the nine months ended September 30, 2005. This represents $78,000 from the sales of NICOSAN(TM) by our subsidiary Xechem Nigeria and $3,000 from the product sales by our subsidiary Xetapharm, Inc for the nine months ended September 30, 2006 as compared to $4,000 from the product sales by our subsidiary Xetapharm, Inc. for the nine months ended September 30, 2005."
Posted by dollar13 on :
not bad hu.
i still reading the form.
i didn't know you were such a fast reader. Posted by J_U_ICE on :
LOL.....Ya, it's sort of like betting that the Oakland Raiders will win the Superbowl this year.
BTW, this stock saved my short-term financial life back in July, therefore, I am gratefull!!! Thanks XKEM and current bagholders from July.......LMAO
Posted by dollar13 on :
You're welcome
Posted by Redwinger on :
I guess I'll have to cheer for the Raiders now.. thanks-a-lot
Red
Posted by Sally77 on :
quote:Originally posted by dollar13: not bad hu.
i still reading the form.
i didn't know you were such a fast reader.
English degree. It comes with the territory. I always tell folks (since I'm from the South) that they didn't teach me to speak English in college, just read it, and read it fast. The only way to get the work load done.
Posted by Sally77 on :
I really thought this was a joke. I looked up all the closing prices on the companies, and frankly I don't see a resemblence(maybe I will one day). I clicked on all the links thinking someone moved April Fool's Day to November, and I missed the memo. But this is legit? Somebody pushing buttons over at marketwatch.com has shares in XKEM. Ya think?
quote:Originally posted by J_U_ICE: I love the comparision LOL
LOL.....Ya, it's sort of like betting that the Oakland Raiders will win the Superbowl this year.
BTW, this stock saved my short-term financial life back in July, therefore, I am gratefull!!! Thanks XKEM and current bagholders from July.......LMAO [/QB][/QUOTE]
And I suppose you are such the stocktrader that you've never been left holding a bag....can I get your signature? One in a million!
But let me be honest, I bought in May with the intent to stay in a long, long time. So not really a bagholder, just a long term play, IMO. Call it what you like, I'll allow it.
Posted by Sally77 on :
quote:Originally posted by Sally77:
quote:Originally posted by stocktrader2006: LOL.....Ya, it's sort of like betting that the Oakland Raiders will win the Superbowl this year.
BTW, this stock saved my short-term financial life back in July, therefore, I am gratefull!!! Thanks XKEM and current bagholders from July.......LMAO
And I suppose you are such the stocktrader that you've never been left holding a bag....can I get your signature? One in a million!
But let me be honest, I bought in May with the intent to stay in a long, long time. So not really a bagholder, just a long term play, IMO. Call it what you like, I'll allow it. [/QB]
Posted by dollar13 on :
LOL sally
revenues will be rising more and more from here IMO
Posted by Redwinger on :
I too am a LONG "bagholder", if you want to call it that, then so be it. Enjoy my donation to your stock portfolio for your summer FLIPPING of this stock.
Like I had said a few 10's of pages ago, I bought into this company in Feb, on the premise of this being an AIDS drug company, and fell into the SCD drug as a bonus.
So, the run was fun, and ya, maybe I should have sold "some" of my shares when it was at .11, but I was a newb, and I still think it will have its rebound in the future (seems all pennies do). And I will still hold for a long play, even if it makes it to .11 again, but will prolly play it a bit different to ride on some FREE shares.
All in all, I still look at this stock everyday, as I have since Feb 20th, when I first bought it. And will prolly watch it until it either: 1. Gets bought out. 2. Falls apart. 3. Goes to 10.00 a share and I sell for a small fortune
Red
Posted by Sally77 on :
I'll always love XKEM for the lessons I've learned from it. Everyone needs a good lesson from time to time. This was what I call "accelerated learning." You know because I'm special, the short bus kind.
Red, $10.00 a share!! You sell out!!
Nah, I'll probably be out before then, LOL!
Posted by Redwinger on :
quote:Originally posted by Sally77: I'll always love XKEM for the lessons I've learned from it. Everyone needs a good lesson from time to time. This was what I call "accelerated learning." You know because I'm special, the short bus kind.
Red, $10.00 a share!! You sell out!!
Nah, I'll probably be out before then, LOL!
As my sig says, I don't need the money, so I am in no rush to get it back. So I want to make some Mad Cash on the stocks I sell. To this day, my 4 years of stock buying and selling, I have lost on only 1 stock, ATARI. Meaning only sold for a loss once. I just wanted to get out and play something else.
So waiting for my investment to come back is A-OK with me. No one wants to lose $$ from a stock investment, and I REALLY DON'T WANT to lose any, so I stick around LONGGGGGGGGGGGGG. lol
So XKEM, make me some good $$, and get to that magical 10.00 a share Posted by dollar13 on :
it's amazing how some people made a lot of money in this stock, and then turn around saying than this is a jinx(specially if you are holding a bag)
LOL
Posted by stocktrader2006 on :
Sally,
My replies to you will be left un-said to you in this public forum - mostly because I respect women, and I will not want to insult you if need be, in a public forum...if you have a beef with me, PM me. Thank you, and I look forward to hearing from you.
Posted by dollar13 on :
quote:Originally posted by stocktrader2006: Sally,
My replies to you will be left un-said to you in this public forum - mostly because I respect women, and I will not want to insult you if need be, in a public forum...if you have a beef with me, PM me. Thank you, and I look forward to hearing from you.
why what happend , did she hurt you?
LOL Posted by Sally77 on :
quote:Originally posted by stocktrader2006: Sally,
My replies to you will be left un-said to you in this public forum - mostly because I respect women, and I will not want to insult you if need be, in a public forum...if you have a beef with me, PM me. Thank you, and I look forward to hearing from you.
Keep looking.
Why would I subject myself to an obvious insult in private? Honestly, it's not the first time I've ever been insulted so say what you need to say. If you weren't addressing me with the "newbie traders/experts" comment, that's cool. And I did PUBLICLY apologize for the "nitwit" comment without even being asked for an apology.
Posted by dollar13 on :
quote:Originally posted by Sally77:
quote:Originally posted by stocktrader2006: Sally,
My replies to you will be left un-said to you in this public forum - mostly because I respect women, and I will not want to insult you if need be, in a public forum...if you have a beef with me, PM me. Thank you, and I look forward to hearing from you.
Keep looking.
Why would I subject myself to an obvious insult in private? Honestly, it's not the first time I've ever been insulted so say what you need to say. If you weren't addressing me with the "newbie traders/experts" comment, that's cool. And I did PUBLICLY apologize for the "nitwit" comment without even being asked for an apology.
Don't worry about it , he just got mad cause he is a BAG HOLDER somewhere no reason to be shame STOCK we all got burned in this game ,LOOK AT ME
i am a proud to be a BAG HOLDER here LOL Posted by Sally77 on :
quote:Originally posted by Sally77:
quote:Originally posted by stocktrader2006: Sally,
My replies to you will be left un-said to you in this public forum - mostly because I respect women, and I will not want to insult you if need be, in a public forum...if you have a beef with me, PM me. Thank you, and I look forward to hearing from you.
Keep looking.
Why would I subject myself to an obvious insult in private? Honestly, it's not the first time I've ever been insulted so say what you need to say. If you weren't addressing me with the "newbie traders/experts" comment, that's cool. And I did PUBLICLY apologize for the "nitwit" comment without even being asked for an apology.
Guess I have all you stocktrader992587516548's confused? (FGFC thread altercation) Oops.
I'll go play nice now. Posted by dollar13 on :
from i h u b
Posted by: impact Date:11/14/2006 9:59:56 PM Post #of 65724
i dont understand all the negativity.. almost 80,000 dollars in revenues..
we knew they were gonna start out slow.. but patients are taking the drug.. and more will in the future.
xkem is building a patient base.
were going to .03-.04 soon IMO.
hold on to your hats.. and if you do that then id be happy to hold onto my 235,200 shares. (bought some more this morning)
xkem has done everything they said they would. and now with the 10q they are reporting actual revenues.
i believe were getting in on the ground floor and 1-3 dollars in a few years isnt impossible.
happy trading everyone and im hoping for a gap up tommorow morning.
Posted by dollar13 on :
We need a MM to push it push it push it LOL
Posted by dollar13 on :
too bad i couldn't flip my shares for a 70% hair cut
oh well .
Posted by bond006 on :
Folks like I said I have pulled certs so I don't make the mistake of selling now. I have some that I play with but to me this has always been a long hold.
Now Col. Pandey I like to call him that because he was one. is coming back to New Jersey next week and I think we will get some solid news to.
I think this may start to base again at three next week this is just my opinion.
I have been in this when I never thought it would get off of .01. And actually the company is more solid now than it ever was. Looks like it will make itand Pandey should be ceo of the year just for hanging on.
hope all of you read my Sept 2003 pr that I posted telling of the phase 2 clinicals,orphan drug statis, and a very brief comment on drugs in the pipeline.
If you did read it you know this is real and we have a chance to be in at 2 cents in two years just think of what you will have. So bash away anybody that wants to if this runs I will play it but my core investment is tucked away not to be touched. That is for my granddaughter.
Posted by BooDog on :
I'm still following the trench Bond. Good luck. gonna take a while..............IMO of course
Posted by dollar13 on :
OUR DAY IS COMING.
Posted by dollar13 on :
SOON
Posted by GreenDay on :
9 days left to vote for Dr. Pandey. You can vote once a week.
Source: Virginia Commonwealth University Released: Tue 07-Nov-2006, 16:55 ET Printer-friendly Version
Researchers Develop Novel Method for Treatment of Sickle Cell Disease Libraries Medical News Keywords SICKLE CELL, SICKLE CELL DISEASE, SICKLE CELL TREATMENT, PATENT Contact Information
Available for logged-in reporters only Description
Virginia Commonwealth University researchers have developed a unique anti-sickling agent that may one day be effective in treating sickle cell disease, a painful and debilitating genetic blood disorder that affects approximately 80,000 Americans.
Newswise =E2=80=94 Virginia Commonwealth University researchers have developed a unique anti-sickling agent that may one day be effective in treating sickle cell disease, a painful and debilitating genetic blood disorder that affects approximately 80,000 Americans.
The research team led by Donald Abraham, Ph.D., of Biological and Medicinal Chemistry, in the Department of Medicinal Chemistry in VCU=E2=80=99s School of Pharmacy, has shown that 5-HMF, a pure compound developed by the team, has a high affinity for sickle cell hemoglobin and holds promise for the treatment of sickle cell disease.
=E2=80=9COur findings suggest that this anti-sickling agent may lead to new drug treatments and may one day help those suffering with sickle cell disease. This molecule, 5-HMF, is the most promising molecule to treat sickle cell anemia to come from our research group in more than 30 years,=E2=80=9D said Abraham, who is also the director of the Institute of Structural Biology and Drug Discovery.
The United States Patent and Trademark Office recently issued VCU a Notice of Allowance for a patent relating to a method of treating sickle cell disease with 5-HMF compound. A Notice of Allowance is a written notification that a patent application has cleared an internal review and it has been approved for issuance.
Sickle cell disease is caused by an abnormality in the hemoglobin molecule. Normal red blood cells carrying hemoglobin are smooth, round and flexible and can travel easily throughout blood vessels. However, sickle cells are stiff, abnormally shaped, red blood cells that do not flow freely through blood vessels. The sickle cells also may clot together causing a blockage to form which results in pain and potentially dangerous complications that can compromise a patient=E2=80=99s organs.
According to Abraham, the 5-membered, heterocyclic, anti-sickling agent binds to hemoglobin to increase the oxygen affinity of both normal and sickle hemoglobin. In a patient with sickle cell disease, the binding action of 5-HMF would allow sickle cells to move more smoothly throughout the blood vessels of the body and prevent blockages from forming.
Abraham is internationally known for his groundbreaking work discovering and developing drugs that interact with hemoglobin. His research focus is to develop targeted therapeutics in sickle cell anemia, cardiovascular disease, stroke, cancer, Alzheimer=E2=80=99s disease and radiation oncology.
This research was supported in part by a grant from the National Institutes of Health.
Xechem International, Inc., a biopharmaceutical company headquartered in New Brunswick, N.J., has entered into a licensing agreement with VCU Technology Transfer and has the exclusive worldwide rights for the production, sales and marketing of 5-HMF for use to fight sickle cell disease.
A recent grant from the National Heart, Lung and Blood Institute, part of the National Institutes of Health, awarded to Xechem International Inc., will allow researchers to carry out toxicity studies on 5-HMF. The research team will include researchers from VCU and Children=E2=80=99s Hospital of Philadelphia, University of Philadelphia.
Working with Abraham to develop the anti-sickling agent were: Martin K. Safo, Ph.D., Richmond Danso-Danquah, Ph.D., and Gajanan S. Joshi, Ph.D., all researchers in the VCU Department of Medicinal Chemistry.
About VCU and the VCU Medical Center: Virginia Commonwealth University is the largest university in Virginia and ranks among the top 100 universities in the country in sponsored research. Located on two downtown campuses in Richmond, VCU enrolls more than 30,000 students in nearly 200 certificate and degree programs in the arts, sciences and humanities. Sixty-three of the programs are unique in Virginia, many of them crossing the disciplines of VCU=E2=80=99s 15 schools and one college. MCV Hospitals and the health sciences schools of Virginia Commonwealth University compose the VCU Medical Center, one of the nation=E2=80=99s leading academic medical centers. For more, see http://www.vcu.edu.
About Xechem: Xechem International is a development stage biopharmaceutical company working on Sickle Cell Disease (SCD), antimalarials, and antiviral (including AIDS), anticancer, antifungal and antibacterial products from natural sources, including microbial and marine organisms. Its focus is on the development of phyto-pharmaceuticals (Natural Herbal Drugs) and other proprietary technologies, including those used in the treatment of orphan diseases. Xechem=E2=80=99s mission is to bring relief to the millions of people who suffer from these diseases. Its recent focus and resources have been directed primarily toward the development and launch of NICOSAN=E2=84=A2 (named HEMOXIN=E2=84=A2 in the US and Europe) for the prophylactic manageme= nt of Sickle Cell Disease (SCD). With the recent Nigerian regulatory approval of NICOSAN=E2=84=A2, Xechem is now scaling-up the commercialization of the drug in Nigeria and making preparations for the pursuit of US FDA and European regulatory approval.
Video available by contacting the source
Posted by doling2005 on :
great read there,, thanks JUICE
Posted by J_U_ICE on :
NEW YORK, Nov 29, 2006 (BUSINESS WIRE) -- The New York Society of Security Analysts (NYSSA) will present the 10th Annual Biotech/Specialty Pharma Conference on December 12 to 13, 2006.
What does the future have in store for the biotech industry? Don't miss this chance to hear Michael D. West, PhD, president of Advanced Cell Technology and author of The Immortal Cell: One Scientist's Quest to Solve the Mystery of Human Aging, discuss the emerging field of stem cell research. Other presentations include companies focused on hormone therapy, drug delivery and treatments for HIV/AIDS and cancer.
The following companies are presenting on day one:
Aradigm Corporation (ARDM, Trade ); BioSante Pharmaceuticals, Inc. (BPA, Trade ); CytRx Corporation (CYTR, Trade ); DNAPrint Genomics, Inc. (DNAG, Trade ); DRAXIS Health Inc. (DRAX, Trade ); DURECT Corporation (DRRX, Trade ); Heska Corporation (HSKA, Trade ); The Immune Response Corporation (IMNR, Trade ); Viral Genetics, Inc. (VRAL, Trade ); and Xechem International, Inc. (XKEM, Trade ).
The following companies are presenting on day two:
Advanced Cell Technology, Inc. (ACTC, Trade ); Cleveland BioLabs, Inc. (CBLI, Trade ); Cyclacel Pharmaceuticals, Inc. (CYCC, Trade ); EntreMed, Inc. (ENMD, Trade ); Neuro-Hitech Pharmaceuticals, Inc. (NHPI, Trade ); Provectus Pharmaceuticals, Inc. (PVCT, Trade ); The Quigley Corporation (QGLY, Trade ); and XTL Biopharmaceuticals Ltd. (XTLB, Trade ).
The conference will be held on December 12, 2006, 8:30 a.m. to 5:10 p.m., and December 13, 2006, 8:30 a.m. to 4:30 p.m. at NYSSA, 1177 Avenue of the Americas, 2nd Floor, NYC. Registration deadline is December 5, one day, $265 NYSSA members, $365 nonmembers; two days, $365 NYSSA members, $465 nonmembers. No charge for press with credentials. A complete agenda is available at
(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
About NYSSA
NYSSA, established in 1937, is the premier independent forum for the exchange of information among investment decision-makers. A not-for-profit educational organization with over 9,500 members, NYSSA is committed to the promotion of best practices and the highest professional and ethical standards in the investment industry. NYSSA is the largest of the more than 134 societies worldwide that make up CFA Institute, which has more than 83,000 members.
SOURCE: The New York Society of Security Analysts
The New York Society of Security Analysts Dawn Cavalieri, 212-541-4530, ext. 20 press*nyssa.org
Posted by J_U_ICE on :
waiting for a little run up friday Posted by GreenDay on :
12/12 is my birthday. I wish for over 3 cents for my birthday present. Birthday wishes have to come true, especially if Pandy is speaking that day. Let's home he's takin a public speaking lesson since Dallas.
Posted by Redwinger on :
i'd take a week of green for Xmas Posted by BooDog on :
quote:Originally posted by GreenDay: 12/12 is my birthday. I wish for over 3 cents for my birthday present. Birthday wishes have to come true, especially if Pandy is speaking that day. Let's home he's takin a public speaking lesson since Dallas.
2-3 years, we'll all be rich, haha
Posted by dollar13 on :
maybe you right , time will tell eh.
Posted by Redwinger on :
I just thought out loud that if they plan on having 200-300 Mill in sales the next few years, I thought that would mean prolly .25-.50 cents a share, maybe?
That would be nice, but could be wishful thinking too. Not in a rush to sell, but would like to make some cash on this
Red
Posted by MrGwumpyPonts on :
The best part is it is steadily going up.
Posted by Redwinger on :
Ya it seems to have bottomed out. I am not ashamed to say I have buying points at .013, .03, and at .07. So yes I am Red some, but I think it would be worth at least a dime in the next 6 months.
Maybe not, but they got things setup for the long haul, just not to keen on those extra shares out there now
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