posted
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...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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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....
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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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.
Posts: 4112 | Registered: Jun 2006
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posted
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.
Posts: 417 | From: grand cayman | Registered: May 2006
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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.
Posts: 4112 | Registered: Jun 2006
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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...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
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.
Posts: 417 | From: grand cayman | Registered: May 2006
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posted
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 ]
-------------------- Insanity: doing the same thing over and over again and expecting different results Posts: 491 | Registered: Jun 2006
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posted
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.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
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
-------------------- Insanity: doing the same thing over and over again and expecting different results Posts: 491 | Registered: Jun 2006
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posted
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
posted
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.
posted
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.
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006
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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
Posts: 3086 | From: miami | Registered: Nov 2005
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posted
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
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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posted
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
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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posted
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.
Posts: 1227 | Registered: Feb 2006
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