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[QUOTE]Originally posted by J_U_ICE: [QB] 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 [/QB][/QUOTE]
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