Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » XKEM (Page 46)

 - UBBFriend: Email this page to someone!   This topic comprises 85 pages: 1  2  3  ...  43  44  45  46  47  48  49  ...  83  84  85   
Author Topic: XKEM
one2watchny
Member


Member Rated:
4
Icon 1 posted      Profile for one2watchny     Send New Private Message       Edit/Delete Post   Reply With Quote 
1.5% left to go

--------------------
EVERY Day ABOVE GROUND is a GREAT DAY!!!

Posts: 2086 | From: Long Island New York | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
one2watchny
Member


Member Rated:
4
Icon 1 posted      Profile for one2watchny     Send New Private Message       Edit/Delete Post   Reply With Quote 
1.51 short...... [Frown]

--------------------
EVERY Day ABOVE GROUND is a GREAT DAY!!!

Posts: 2086 | From: Long Island New York | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
dollar13
Member


Icon 1 posted      Profile for dollar13     Send New Private Message       Edit/Delete Post   Reply With Quote 
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
Posts: 4112 | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
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


 -

-----------------------------------------------------

..................Egg

Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
bond006
Member


Member Rated:
4
Icon 1 posted      Profile for bond006     Send New Private Message       Edit/Delete Post   Reply With Quote 
I am not against Chassman at all she loaned xkem money when nobody eles would
Posts: 6008 | From: phoenix az | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
note the blue line

[Smile]

slow and steady wins the race

Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
Hey we broke the trend today !
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
GreenDay
Member


Member Rated:
4
Icon 1 posted      Profile for GreenDay     Send New Private Message       Edit/Delete Post   Reply With Quote 
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?

Posts: 551 | From: FL | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
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 [Wink] ) 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

247,000,000 Authorized:
11/97 - 118,828,439 shares outstanding
03/98 - 119,870,839
08-98 - 139,850,839

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.

06/99 - 229,385,996 outstanding shares
02/00 - 240,459,996
04/00 - 240,852,928

09/00 - Authorized shares increase to 700,000,000

10/00 - 342,503,279 Outstanding shares
02/01 - 344,537,279
04/01 - 345,787,279
07/01 - 345,887,279
10/01 - 348,628,404

11/01 - Authorized shares increased to 1,950,000,000

02/02 - 414,727,819 outstanding shares
04/02 - 558,374,654
06/02 - 579,352,000
10/02 - 1,363,929,492

In March 2003 the authorized shares increase to 10,000,000,000
In May 2003 there is a 1 for 3000 reverse split

Authorized shares go to 1,950,000,000
08/03 - 6,834,352 outstanding shares
11/03 - 27,066,767
12/03 - 64,240,000
04/04 - 165,150,348
05/04 - 258,668,776
04/05 - 259,668,718
04/06 - 882,002,551

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.

Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
GreenDay
Member


Member Rated:
4
Icon 1 posted      Profile for GreenDay     Send New Private Message       Edit/Delete Post   Reply With Quote 
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...
Posts: 551 | From: FL | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
madmax526
Member


Member Rated:
4
Icon 1 posted      Profile for madmax526     Send New Private Message       Edit/Delete Post   Reply With Quote 
Great News Article:

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

Posts: 291 | From: NJ | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
worthashot
Member


Rate Member
Icon 1 posted      Profile for worthashot     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.

Posts: 438 | From: just outside of nowhere | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
madmax526
Member


Member Rated:
4
Icon 1 posted      Profile for madmax526     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.

Posts: 291 | From: NJ | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
madmax526
Member


Member Rated:
4
Icon 1 posted      Profile for madmax526     Send New Private Message       Edit/Delete Post   Reply With Quote 
you beat me too it...best news article I've seen so far..get this around to all the boards guys..
Posts: 291 | From: NJ | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
jack37
Member


Rate Member
Icon 14 posted      Profile for jack37     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.

Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
jack37
Member


Rate Member
Icon 1 posted      Profile for jack37     Send New Private Message       Edit/Delete Post   Reply With Quote 
Sorry wrong post!
Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
T e x
Member


Icon 1 posted      Profile for T e x     Send New Private Message       Edit/Delete Post   Reply With Quote 
"get this around to all the boards guys.."

[Roll Eyes]

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
jack37
Member


Rate Member
Icon 1 posted      Profile for jack37     Send New Private Message       Edit/Delete Post   Reply With Quote 
*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 »

Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
jack37
Member


Rate Member
Icon 1 posted      Profile for jack37     Send New Private Message       Edit/Delete Post   Reply With Quote 
Found the above report on Raging Bull
Posts: 148 | From: Hattiesburg Ms. | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
money 76
Member


Rate Member
Icon 1 posted      Profile for money 76     Send New Private Message       Edit/Delete Post   Reply With Quote 
wow

this company is legit . i am long

all the best .

Posts: 417 | From: grand cayman | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
Any predictions for tomorrow?
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
dollar13
Member


Icon 1 posted      Profile for dollar13     Send New Private Message       Edit/Delete Post   Reply With Quote 
we might have a gap up tomorrow premarket hours.


http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=xkem


see you tomorrow.

Posts: 4112 | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
Egg Inspector
Member


Icon 1 posted      Profile for Egg Inspector     Send New Private Message       Edit/Delete Post   Reply With Quote 
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)

[Smile]

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"

Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
Good article Egg. Makes alot of sense.
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
money 76
Member


Rate Member
Icon 1 posted      Profile for money 76     Send New Private Message       Edit/Delete Post   Reply With Quote 
i think very soon may be next week xkem will not be in this forum
Posts: 417 | From: grand cayman | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
money 76 - explain ???
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
money 76
Member


Rate Member
Icon 1 posted      Profile for money 76     Send New Private Message       Edit/Delete Post   Reply With Quote 
i mean to say it will be in 0.11 and up forum

i feel coming months xkem would be 0.75

Posts: 417 | From: grand cayman | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
Very well could be !!
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
T e x
Member


Icon 1 posted      Profile for T e x     Send New Private Message       Edit/Delete Post   Reply With Quote 
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


 -

-----------------------------------------------------

..................Egg

yup, my take also...

2-3 sequential closes (not prints) below .030 could easily be the "death knell" as all known factors now stand...

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
phone_man
Member


Member Rated:
5
Icon 1 posted      Profile for phone_man     Send New Private Message       Edit/Delete Post   Reply With Quote 
Tex -are you still in this ?
Posts: 101 | From: Mansfield, TX | Registered: Jul 2006  |  IP: Logged | Report this post to a Moderator
10of13
Member


Icon 1 posted      Profile for 10of13     Send New Private Message       Edit/Delete Post   Reply With Quote 
egg...empty your mail box!

--------------------
#1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!

Posts: 8890 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
rocktrader
Member


Member Rated:
4
Icon 1 posted      Profile for rocktrader     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.


No PENNY under a $1. trades like this GEM.
Look for yourself.
http://bigcharts.marketwatch.com/markets/screener.asp?exchange=118&screen=8&x=21 &y=27

*** FOLLOW THE SMART MONEY ***

A stock with this enormous potential cannot be held down
by MM manipulation for long and the MM's stretched it
to the limit.. so it will rebound hard.

*** Watch for major bounce within the next 2 trading days ***

Those who panic sold the last few days, the time to get back in is tomorrow.


Hope for sickle cell patients
http://www.tribune.com.ng/14072006/edit.html

Obasanjo to commission sickle cell drug factory today
http://www.businessdayonline.com/?c=44&a=7409

The masses will become more aware of this GEM on every passing day.

Xechem Receives Approval For Sale Of NICOSAN(TM) From Nigerian Regulatory Authorities -- NAFDAC

The company faces no restrictions on its ability to market and sell the drug in Nigeria.
http://biz.yahoo.com/bw/060705/20060705005761.html?.v=1

Hold on tight to those precious XKEM shares.

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


Bank wants to double their initial investment (for good reason)
http://www.cometnewsonline.com/capital.html

With latest 8K, OS is now confirmed at 1.2B.

Lets make it 2 Billion since we do not know how much conversion
was done, so we will take the worst case even though it will be less.

In Nigeria alone, there are 4,000,000 SCD patients.

NICOSAN™ $20/month (conservative) = $240/year

$240 x 4,000,000 SCD patients = $960,000,000 US dollars.

Let’s assume at least 50% margins.

Earnings = $480,000,000

Price-Earnings Ratio - P/E Ratio
http://www.investopedia.com/terms/p/price-earningsratio.asp

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 $$$ 49 Billion $$$.

Oh yes, didn't XKEM just win a 4 Million Dollar law suit against the BMY giant. See for yourself. (Impressive indeed)
http://www.marketwire.com/mw/release_printer_friendly?release_id=104501&category =

$480,000,000 * 15 = approx $7,000,000,000

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)

--------------------
pennies rock...but only brav hearts allowed here

Posts: 575 | From: seattle | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
Purl Gurl
Member


Rate Member
Icon 1 posted      Profile for Purl Gurl         Edit/Delete Post   Reply With Quote 
* rolls her eyes *

Oh brother.

Purl Gurl

Posts: 7504 | Registered: Dec 2003  |  IP: Logged | Report this post to a Moderator
ruskin_muskin
Member


Icon 1 posted      Profile for ruskin_muskin         Edit/Delete Post   Reply With Quote 
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..

--------------------
All my posts are based on my own opinions and not to be taken as buy/sell recommendations.

Posts: 961 | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
  This topic comprises 85 pages: 1  2  3  ...  43  44  45  46  47  48  49  ...  83  84  85   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share