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K, the SEC Filing I hear is nothing more then the reporting on the Cash-Out-Woman deal from a few months ago.
Anyone Figure out what the SEC Filing was last night?
Sadly we wont know until tomorrow. Anyone that states something here is only guessing at it. I just hope its good!
The PPS will reflect these changes once the Loans are PR-ed, that's one of the last risks left for this company. (Distribution lines will come with product supply, and government help)
This is the Part I love! :
He said the plant, due to its closeness to raw materials, would run on full capacity and provide "plenty of opportunities for Nigerian farmers and so it will create employment for a great number of unemployed persons".
Which means that once the factory has been completed, we will be at the 1-2million pills per day, as stated by the Xechem Nigeria Ex. It also means great things for the people of Nigeria, money will start moving, and people there, and here will benefit greatly from it!
Sounds like everything is comming together, soon should be the government pre-purchase . .. . .(Soon as in a few months. Either way, we cant stay at these low PPS levels for much longer IMO)
$0.25 wont be retirement time for me, I'm just a small holder. But anything I can put down on my house is gold to me.
1.5 mil (Half way between 1 and 2 mil. * 12 months, * 22 PE = 396mil/1.6bil outstanding (Another persons estimate of outstanding at that time) = $0.24/share
That to me is a worst case deal. I see the growth being much higher. All IMO
No Arg once we are above .031 again! :D
Many of us are still here, and still holding for the years to come, cant wait!!!
Keep it up Hitch!!! Don't let the Bashers get you down!
Just searching for more info on Xkem, I keep looking for more news in the Nigerian news papers :)
Luckily it is Millions, not thousands.
Bid .0209 ask .021
Same here brother, Rumors I'm hearing is that we are VERY close now.
Furthermore, the parties agree that if Xechem makes a principal payment to Alembic in reduction of the Note of not less than $1,000,000, together with accrued interest, on or before March 31, 2007, then the Maturity Date will be extended for an additional six months.
As of March 6, 2007, the Company borrowed $480,000 from Michael and Betsy Brauser, which amount bears simple interest at 8% per annum and is due and payable in six months.
I take it as awesome news, We get the 6 month extension, where the factory will be producing at FULL CAPACITY. (Anyone who tells you anything else is full of it. I have verified that they will be producing at full capacity once the factory has been built with multiple people in Xkem. They have the Raw materials stockpiled and ready for processing)
Yup, that was my buy :)
I just took out the .0183 :) Gotta love me right ;)
8k on the Extension will be out today. (IMO) I'm very happy that they chose to reject the dilutive financing, and go with an extension instead. Its only a matter of time until xkem will either have enough money coming in from their drug sales to pay it off, or a pre-purchase from the Nigerian government. A dilutive loan would not have been the best option for we stock holders.
That is why the stock price is where it is at. Once the Worry goes away, so do these levels.
I totally agree. I have no fear about my Xkem stock. At these levels I keep picking up more shares. Remember the Nigerian Government is backing this stock, the Import/Export group is backing the Loans.
Its just a matter of time until we get the news.
I have another 1200$ in mine, I'm just waiting for the 3 days until I can purchase Xkem with it.
As the Story Goes, Its always Darkest Before Dawn.
GM Longs!
Awesome! Lets hope it means good things for Xkem!
One day to go for Money to clear!!!
Then MO Xkem shares for me!
So any idea when we will see the 8k on it?
>burg even told me that when people hear nigeria, they have a >hard time getting over the stereotypes.
>"thats been the issue from day one trying to get financing"
>10 million hahahhaa. no one will step up eh.
>someone call Denzel washington.
Well thats strange, cause the Financing is COMMING from Nigeria, so are you saying that Nigerian banks don't want to lend to Nigerian companies due to the Stereo types?
The delay in the financing is due to Nigeria being a "Slower Lifestyle" country. The people aren't like americans working themselves to death to get another dollar richer. They go to work when they feel like it, and they work when they feel like it. Thats the reason for the delay.
Who knows, Sadly my money has another few days to clear, Or I would have stolen some shares under .02. I was all in, but at these prices, I had to Dig more money up. (Dont let my wife know)
That is due to the uncertainty about the funding. Once Funding has been completed, these share prices will be history. Once the factory has been completed, those share prices will be history. . . . Up up and away it will go.
News will be out After market close today, or before market open tomorrow morning. 8k for sure, who knows what else.
Have a Great Vacation Hitch! News tomorrow or Thursday should make us all smile!!!
Same here, I went all in a few weeks ago. . . Hope news comes soon, if not by the end of 2nd quarter of this year, we should all be in good shape
Buhahahahahaha, You must be talking about a different stock. Xkem wont see the $0.01's ever again. Did you read the News report today about full production by the end of the 2nd quarter? That alone should blow the 0.02's away. IMO GLTA
BUHAHAHAHAHAHAHAHA, Greed will kill you my friend. Whats another .001 on a stock worth many times the current PPS.
Keep standing on the sidelines, and you will still be there on our next big run!
It will be 4 days after the deadline to get information. Which is completely standard.
That is just plane AWESOME!!!!
Symbol Last Trade Change Volume Shrs Short Ratio Last Trade Size Related Info Open
XKEM.BE 12:43PM ET 0.02 Up 0.00 Up 14.29% 54,000 - - 5,000 Chart, , more... 0.02
54k shares, up 14.29%
That has nothing to do with the Government. It is just a Scam e-mail to get fools to fall for it.
Are you saying that America is Scam free? How many "MatchStick men" are there in the states? How many old people are scammed out of their money everyday by American citizens?
The difference here is the PRESIDENT of Nigeria is backing Xkem and Nicosan. This company is Legit, its product is legit. Just wait and see.
If the Alembic loan is extended another month, it makes no difference to me. I am long in this stock, once they get the funds to finish the factory and mass produce Nicosan, they will pay that loan, and all other loans off in less then 6 months.