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[QUOTE]Originally posted by bond006: [QB] 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 Back to top stevo Site Admin Joined: 13 Jun 2006 Posts: 274 Location: Orlando, Florida Posted: Wed Aug 02, 2006 5:48 pm Post subject: -------------------------------------------------------------------------------- Thanks! Sounds good, that was one of my main concerns... Back to top alexng06 Joined: 14 Jun 2006 Posts: 100 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. Back to top [/QB][/QUOTE]
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