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Thanks guys.
As I posted earlier, I think the dumping might be over now. It looks like that last little bit was dumped yesterday afternnon. We need to see how the afternoon plays out, but a nice and slow steady volume would be more proof it is over.
Many buyers are waiting on the sidelines right now, many waiting to get back in. If The dumping is over, many will get in, and we will begin to creap up as we approach the end of this month. Then we get the NAFDAC approval PR, and we learn to fly.
Good luck all. I will be on vacation next week, so I will probably call Steve one more time before I go. I will post any findings right here.
Good day.
BigD
RB, is an absolute joke today. They wont let me and others post there, but the moron bashers and pumpers are going at it like crazy.
I wonder if they step back for a second and see how rediculous they actualy sound.
Much better over here. I also here teh yahoo board is pretty good now. Can someone post a link for the yahoo board?
Thanks
BigD
kaki,
It is unfortunate, but some of the RB gang also post here, as well as some new and knowledgable investors.
This should be fun.
good luck bud
Stephen Burg, 707-425-8855
captrick, great guy. Give him a call, and you sill see that XKEM is going to be one huge success story. Someone does not want me posting on RB. I did nothing wrong to get kicked off.
I will spend some time here. With the gang of ihub. I am sure if I post any updates, they will find their way to RB as well.
Thanks bud.
Thanks jabber. I have never heard of that phrase before. Can you tell ubank to go play with his tiny little pecker for me.
Thanks
Thanks Stevo. I will look into this.
I think some of the poeple on the RB board are nuts. They think this entire world is one giant consipracy to rob them of their money. I have said this before, all I am is an investor that loves the XKEM story. So I have invested heavily because I think that this is their time.
Only time will tell. I don't think I have posted anything misleading in the past. Just a few opinions and facts from conversations with the Company. I wish others would do the same. That way we would know where we stand.
Thanks
pfrenz, I only used big and huge. The second one was created yesterday after the first one stopped working
No other name
pfrenz, something weird is goin on with RB
what do you think is going on???
what is a shill???
Let me know when you are going to do it. I will chip in and cause a rally. I am good for another 3M shares. I have the cash ready, but I am waiting for now. I am already in huge. I want to make sure I buy as low as possible.
I tried it and it still doesn't work.
Pfrenz, I don't think they want be there anymore. I did not post anything bad to get kicked off. They are just running their own agenda, and I am not invited.
Its OK, this board is good. Good people, and if I hear anything realy important, one of you guys can post it there for me.
Thanks bud.
Big
hey pfrenz, I will try that now, and see what happens.
Hell, I suffered through the bad times with you guys, I also want to enjoy the good times with you.
I think that we hit bottom today. I think that the converted share dumping is over. The trading at the end of the day said it all. I think that Chassman was unloading the balance of the shares. She sold approx. 6M shares in 10 minutes regardless of share price. This is contrary to the way she has been selling the past couple of weeks. No one in their right mind that had any shares left to sell would sell them that way. If you had millions of shares left to sell, would you sell that way, and crash the price. I wouldn't. I say we begin going up tomorrow. News is near....................
Its Ok, their loss. I think that there are higher powers at be that got me kicked off. I don't think they liked what I was posting. JMO, but it is very strange.
Hey Uranium,
You will not find this in the 10K. You have to go back to the last 10Q. It is not outlined in the 10K, because all of the debt was converted by the timing of the 10K filing. If you go to the last 10Q you cant miss it. Let me know if you need more help finding it.
Thanks
Big
narbi,
2 reasons
1) They are converting a lot of the debt at $0.005 to $0.0075. So, they are actualy making a healthy return at these levels.
2) Chassman, who is the main converter and seller, has an agreement in place that says she can only hold 5% of the o/s shares at any given time. So, she has to sell in order to convert more.
I hope this helps.
kak,
I am not sure. It is the one thing that I have struggled with as well. I think Pandey could care less about the share price. His goal in life is to get the product to market. Assuming he can get this done by June (as everything indicates), then we should be OK. Not much more time to dilute any further. I guess we will all know within a month. Today was an ugly trading day. There was a lot of dumping going on. The dumping at the end of the day was the ugliest. It was done with reckless abandon. I hope that it was the final little piece. We will see if they are back at it again tomorrow.
I don't care if it goes to zero. I am stubborn as a bull that way. Just in case what is going on is MM manipulation
I, and not really dumping. The MM's can go screw themselves. I will not sell a single share.
I think she is done converting, but not yet done selling. I am not sure how much longer this will take to play out.
I think today may have been the final little dump. You can never be sure, but that 5 to 6 million dump after 3:30 was very unusual. Usualy volume is dry near the end of the day. I think that might be the turning point. We will see tomorrow.
Good day and good luck.
BigD
Someone just unloaded about 5M shares in 5 minutes. Chassman, are you almost finished??????
Hey guys, thanks for the messages.
I think we are stuck here at $0.012. I have my fingers crossed that we get news tomorrow morning. I am on vacation next week with no access to a computer. I hope to god it doesn't happen while I am gone. I want to enjoy every minute of it.
Someone at RB doesn't want me there. So, I will not try again. This board looks much less hostile anyway.
Good to be here. I will try to post only useful information.
Good day and good luck all.
Good mronig all. I have now been upgraded to 15 posts a day here - Yeah.
I have now officialy been kicked off RB again with the my new name as well. I don't think I did anything wrong, I just don't think they wanted my posts there. Must have been against someone's plan for XKEM. This stock is going to be huge. I beleive the manipulation here is larger than just the stock price. Anyway, I will post here from now on.
Good day all.
Hey guys, Steve did not say anything about an RS, but we spent quite a bit of time discussing dilution. If UPS financing goes through, then no need for anymore dilutive debt prior to the launch of NICOSAN. If o/s remains low (below, 1.5B, then no real need for RS). IMO
Hey Gang,
I just spent about 15 minutes on the phone with Steve Burg. He was returning my call from yesterday prior to when I called Howard. Great conversation - Best yet by far.
We discussed why no PR on the new factory/web site.. He told me that the NICOSAN application is the largest event EVER to be placed in front of NAFDAC. 95% of all drugs used by Nigerians are imported. NICOSAN would become the LARGEST drug ever to be produced and distributed in Nigerian. He also said that the factory also needs to be approved by NAFDAC. Both the drug formula and the commercialization/development of the drug are before NAFDAC as we speak. This air a very complicated process, and a lot of politics are involved with this. Pandey is working hard every day to get this done. THE COMPANY IS AFRAID TO ISSUE ANY PR'S RIGHT NOW, BECAUSE THEY DON'T WANT TO UPSET/DISTURB NAFDAC IN ANYWAY. THE PROCESS IS SO SENSITIVE, AND NIGERIA HAS COMPLETE AND 100% CONTROL. Any screw up by XKEM, could cost dearly. No PR until final approval.
We also discussed the financing and dilution issues. No more shares have been issued, and the company is VERY CLOSE to signing a deal with UPS which Steve said is 100% not dilutive. They are doing everything possible right now to preserve shareholder value, and eliminate future dilution. The loan from UPS would support expansion of the plant in Nigeria as well as ongoing cash flow requirements until sales prop up. HE TOLD ME THAT XKEM IS REARING TO GO, AND READY TO START BLASTING OUT SALES AS SOON AS APPROVAL IS GRANTED.
We also discussed the fact the XKEM has completed testing in other parts of the world to find out where these plants can be grown outside of Nigeria. They have identified several regions in India where these plants can be grown, and have begun looking into the possibility of setting up a manufacturing facility outside of Nigeria as well.
AS FAR AS THE Q2 SALES DISCUSSED IN THE 10K. STEVE FEELS THAT THIS IS A GOOD TIME FRAME, AND EXPECTS APPROVAL ANY DAY.
The company has remained in quite period right now, because they do not want to create any adverse reactions from NAFDAC. When approval is finally granted. Look out. The PR campaign will be a machine and unstoppable.
ALRIGHT, I ONLY HAVE ONE MORE POST HERE TODAY, AND I CANT POST ON RB, SO I WILL SAVE IT FOR TONIGHT. I WILL ANSWER ANY QUESTION THIS EVENING.
GOOD DAY ALL.
pfrenz, no hidden agenda here. Just a large holder like you. Sorry I couldn't respond to you earlier. I cannot post on RB for some reason. Not sure why???
As for the pumping last night, I guess I got a little frustarted with the lack of PR, and figured I would let people know by myself. I was just trying to create a little awareness. I think you know by now I am not a pumper in anyway.
Please let the rest of the gang at RB know I cannot post, but I am reading everything.
Thanks andd have a great day