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Author Topic: XKEM - (.011)
Peaser
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There was a nice two day swing play in there if ya could get it at or below .03 and sell above .04.

Hope some took my .03 advice.

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Buy Low. Sell High.

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JL
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ps: XKEM has traded 4 Billion shares in the past 30 Trading Days. With max dilution potential of 400 Million Shares...id say those shares have been soaked up by the market and then some. That is IF your theory is correct, getting close to new uptrend starting.
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Peaser
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Hmm, 1.9 Billion A/S, as of their last 10QSB.

I see more like a possible 800 million that could/can be diluted.

But what do I know?

I only read the SEC Reports to see what the actuality of the possibilities could be.

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Buy Low. Sell High.

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BooDog
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They should be able to answer that question over the phone eh? still no answer to my e-mail either using my real name, my real e-mail ad. and very simple questions. I do believe i even put my phone # on the form also.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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JL
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800 Million Eh? So they would dilute their entire holdings in a stock that cure for SCD? To the Public? And where did you get 800 million when OS is currently 1.2bln...that leaves 700mln. Talk about grabbing for staraws.

I dont blame you XKEM is going much higher...bashers are welcome to the party. Will probably make new highs on the next major leg up. Cheers!

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Peaser
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quote:
Originally posted by JL:
With max dilution potential of 400 Million Shares

Care to 'xplain?

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Buy Low. Sell High.

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JL
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http://stockcharts.com/h-sc/ui?s=XKEM&p=D&b=5&g=0&id=p26943315905

2nd White Candle Just Formed =)

4-5 more whities to go?

.044 93 Million volume.

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Peaser
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To me this looks to be a bollinger band play.

Could get up to .054ish on Monday or Tuesday before it pulls back again IMO.

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Buy Low. Sell High.

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JL
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Or could breakout over .054 and touch .063-.065 Res by Tuesday. Shorterm .005 differences wont mean much imo...longterm XKEM .25-.30 (new highs) imho.

http://www.tribune.com.ng/14072006/edit.html

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Peaser
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Not likely in the short-term IMO.

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JL
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XKEM building a base in the .035-.038 range. Looks like it wants to move up from it next week. More upside than downside from here on out no doubt. It doesnt have the daytradeability as before...purely a position trade for a few weeks here.
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JL
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http://www.thisdayonline.com/nview.php?id=53313
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JL
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The Article. Since the website now asks for viewers to Login.


NICOSAN, Sickle Cell Drug Found in Nigeria
From Onyebuchi Ezigbo in Abuja, 07.16.2006

Nigeria's quest for science and technology development last Thursday witnessed a startling boost with the commissioning of three innovative projects, the Gamma Irradiation equipment, NICOSAN drug for treatment of sickle cell and the Computer for All Nigerians Initiative (CANI) by President Olusegun Obasanjo.
The Gamma Irradiation facility is for the preservation, long shelf-life and judicious management of perishable foods and agricultural products, the NICOSAN is a home-grown antidote for the management of the Sickle Cell Disease while the launch of Computer for all Nigerian Initiative (CANI) is intended to give more access to Nigerians to own computers in this age of Information Technology.
For lovers of genuine transformation in the affairs of the country, this achievement is certainly going to remain indelible in their memories.
Either by sheer coincidence or deliberate design, the President accepted to perform the commissioning of these milestone projects being executed under the umbrella of the Federal Ministry of Science and Technology on the same day.
Sheda Science and Technology Complex (SHESTCO), a parastatal under the Federal Ministry of Science and Technology is supervising the production of the sickle cell drug and the Gamma Irradiation facility, both of which have tremendous contributions to make in the nation's economic projections.
An important benefit of these recent developments is the economic impact they would engender in the areas of employment, economic empowerment, and poverty eradication.
It is worthy of note that the Gamma Irradiation Facility has come as a great relief to Nigerians in various respects including the preservation of foods and agricultural products. These agricultural products include cereals, fruits, tubers, spices, as well as pest control. It 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 were 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 tons of products daily. Our farming population is now encouraged to massively increase the production of these products for both the domestic and international markets. There is also the microbial decontamination of meat, pork, poultry, and seafoods like shrimps, crabs that will enjoy market appreciation.
It is important to note here that irradiation treatment is competitive in the international market where Nigeria hopes to make a reasonable mark to earn foreign exchange. Being cheaper and more environmental friendly, along with other advantages, such as savings from the use of chemical preservatives, improved production and food products preservation and safety of consumers, the facility appears to be the right antidote for our food security problems. More so, the nation's agricultural products can now be more acceptable at the standardized and competitive international market where the country has always wanted products to be patronized.
According to experts at Xechem International, (an American Company facilitating the commercial application of the product), healthcare benefits will be derived through the treatments of radio-sterilisation of medical devices such as hypodermic needles, syringe, surgical blades, etc. Our 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.
In his remark during the launch of the products, the Minister of Science and Technology, Prof. Turner Isoun, said 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", he said.
Also the launch of the NICOSAN drug is another demonstration of Nigeria's resolve to speak in the most pragmatic term at the international level. The knowledge and expertise of this drug is all indigenous which is what makes it a major break through and a plus for the Ministry of Science and Technology.
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 crises as has been attested to by some of the patients who have been on the drug for over a year.
It is pertinent to note that the discovery of a sickle cell drug after many decades of agonising losses the ailment has caused families, is big relief and an achievement that will no doubt write the country's name in gold among the comity of nations as having changed the story of sickle cell patients.
Xechem Chairman, Dr. Ramesh Pandey said with the NICOSAN, the history of the disease would 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, experts have described NICOSAN as a reliable remedy for Sickle Cell Disease. Of equal note is the confessions made by some of the patients who gave testimonies on the efficacy of the drug.
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 here 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 Honourable Minister, 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 went on 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 drugs 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 part of world. According to Dr. Ramish Paney, the Chairman of XECHEM, it is expected to earn the country about $150 million per annum.
This great achievement has helped Nigerian scientists to recover their self confidence according to Professor Isoun.
The computer for all Nigerians initiative was also flagged off the same day by the federal government. Under this project, the hitherto existing gap in the field of Information Technology will 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. It is expected that the digital divide, which has so polarized the world will be bridged by this initiative. The world is now a global village and computer is the easiest way to assess it. The computer for all Nigeria initiative is therefore a master stroke by this administration to the generality of Nigerians to own computers.
The realization of these triple milestones has catapulted the Ministry of Science and Technology to a prime place in the national development project. It has also set a new tone for further engagements in the sector, given the fact that the sector holds the key to accelerated growth that can affect all sectors.

http://www.thisdayonline.com/nview.php?id=53313

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Dustoff 1
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Nigerian Oil pipeline's being attacked.
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Egg Inspector
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Demand for New Sickle Cell Drug NICOSAN(TM) Far Exceeds Supply; Xechem Nigeria Accelerates Construction of Commercial Scale Production Facility

Business Wire - July 26, 2006 06:30

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.

Xechem International, Inc.
Stephen Burg, 707-425-8855

Copyright Business Wire 2006

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Egg Inspector
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Demand for New Sickle Cell Drug NICOSAN(TM) Far Exceeds Supply; Xechem Nigeria Accelerates Construction of Commercial Scale Production Facility

Business Wire - July 26, 2006 06:30

*************************************************
might this be it?

Will THIS PR-(above)-cause a run the likes of which we should have had?

we shall see!
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Peaser
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Once they can meet the demand, this puppy could soar.

Should be a good day trade, or two day trade IMO.

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Buy Low. Sell High.

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SherriT
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Congrats guys - I am on the sidelines for this run, but so thrilled to see a good start for XKEM!

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Study before you buy, Sell before you think about it....

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JL
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Looking nice today on good news. Looking for consolidation point.

"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."

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BooDog
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The EGG is back!

good to see U M8

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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BooDog
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I got in for a flip yest at .029, we'll see what it pulls.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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money 76
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this stock looks good . we might see this goin back to 0.11 with the loan pr in my opinion which is expected soon.

pandey is back and we might have few more prs next month.

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money 76
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guys did u hear about the gates foundation providing the loan .

this is what evryone is talking about.

what do you think

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