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It appears to me that they have already taken majority control of this company by shutting us out for the past year while they ratcheted down and converted, so they can now basically do what they want without even the need for our approval. Pink or not, they still have violated the bylaws of this company by refusing to give us any input as to the direction of this company for so long. As far as a R/S split is concerned, it's pretty obvious to me that one will happen sometime, but I doubt very much that it will be as large as the one that Enrique suggests. Unless some of the dreamers are correct and this company suddenly starts pulling in a billion plus in revenues, a company like this just doesn't run around with billions and billions of shares.
Do you know any good mercenaries I could take with me? If I find an empty Nigerian field with a few scattered cinder blocks I might get a little perturbed.
Not saying that it isn't true, but how do we KNOW that the factory IS being completed and that the equipment IS being installed? The second hand word from a receptionist who's paychecks are signed by Rob Swift? Personally, I would feel a whole let better if there was a bit more corroborating evidence than that.
Why get excited about .0018 when not even a thousand dollars has traded this late in the day? Pitiful interest in this stock. The only volume we seem to get around here is when the Swift/Basuvian boys decide that it's a good time to take a dump. Otherwise, the only action here comes from the MM's playing their little games.
Since we're supposed to be trading at a dollar in 19 days, we better get on the ball real quick, because it looks to me like we may be adding another zero to the right of the decimal point by then. Absolutely ridiculous.
Well, unless your posting naked and broke from a library or naked and broke on someone else's PC, you have yet to trade in everything for xkem stock. It only makes sense that you should do so.
I never said that I believe my shares will soon be worthless. I just said I am being realistic about my chances here. Besides, if I were to sell my shares and buy something else that I believe in with the proceeds, I would probably be buying nothing more than a nice dinner. That's what is called being realistic. You on the other hand, should immediately sell your PC and all of your possessions and spend the proceeds on more xkem stock. Why not if you're so positive that it's going to the moon?
I generally believe in the "glass is half full" attitude in life, but in xkem's case, I think you have to look at that glass very closely and try and figure out exactly what that glass is full of. So far I'm not so sure that it's drinkable.
I prefer being realistic about what's going on here. Show me something positive about management and I promise I'll post nothing but positive things about xkem's future. Until then, I'll try and avoid fantasyland.
So I guess you're saying now that we'll have to wait 40 years instead of 20 days. That's quite a change in opinion, and a little long for me after already waiting for two years. I was really counting on the 20 days.
Only 20 Days!
Yes!!!! One Dollar a Share for xkem!! I can't wait! It's guaranteed right guys? Keep the faith!!!!
If an "inougralement" is something good I'll take some of it too, but you can keep the dirty sneakers. This pitiful share price may be hurting my meal & entertainment allowance, but I'm still a little pickier about what I eat. At least for the time being. Have a nice Mother's Day weekend all, and let us hope that something realistically positive happens in the VERY near future!
Hmmm...I didn't catch what you are offering me if it doesn't hit a dollar by June 1st. I guess that means your faith is a little shakier than you're projecting. Oh well, my offer still stands anyway.
Dream all you want, but I'm afraid you're in for quite a letdown in three weeks. If it does do a dollar by June 1st, I will give you half of my profits. No joke. I think that is very generous of me. Now what will you give me if it doesn't?
I agree. Fantasizing on this board about this stock going to a dollar in three weeks is much worse than a basher saying that it is going BK in three weeks. At least the basher would have a basis in reality. Maybe they should begin with the far off dream of a penny and go from there.
I see that we did quite well while I was away. Maybe we should try another letter to the swift/basu gang. HaHa! God help us. With Lochute's prediction of a dollar in three weeks, I sure hope that he has God's ear. Or at least rob swift's.
Good job! Money in the bank is money in the bank. As with xkem, I hope it goes North soon.
You beat me to it Sabre. Blow out earnings. I've had a small core position there for several years and am very happy with that one. It has kind of eased some of the pain I've suffered with xkem.
Thank you Fiat. You're certainly not worth wasting posts on. Also, please refrain from PM'ing me on a regular basis with instructions on what I should and should not post on this public message board. If I want to give my opinion on "management" here, that is what I shall do. "Management" has certainly done a very good job of earning their fair share of criticism for what they have done to this company. If you don't like it, that's just a shame. You seem to want to be the xkem message board dictator, and I just don't think that you are qualified for the position. Good luck and give my thoughts to your friend Mr. Swifty.
Yeah right Fiat. You'll get your capitulation when the volume increases. Unfortunately, you neglect to mention that the volume is going to have to increase enough to run through a couple of BILLION shares to "clear the decks" as you say. Wonder what the pps will be then? I guess you just don't realize how many shares that your precious "Dr. Swift" (lol!) has printed up during his tenure. Did you comprehend my post?
Not true devil dude. You cannot believe everything you read, and that includes the works of Mark Twain.
It's hard to argue with that DD. As I said in one of my previous posts, I was very much for collective action MANY months ago, but virtually nobody seemed to take any interest. Now that so much time has passed and so much damage has been done, it is just going to be that much more difficult to make things happen. Now that being said, I realize that we can't change the past and that it is truly better late than never as far as going after these guys. I just hope that it is done correctly and timely from here on out. It is (or was) our company, and they have no right to shut us out of the entire process for this length of time. GL to us all.
It's called being realistic Fiat, which is much different than hiding our heads in the sand and dreaming that everything will turn out just fine. If you think that your approach is so effective, principled, and disciplined, where is this influence that you are excercising over the company? Just how many years do you plan on waiting for a response? Is there some deadline or timetable where you will finally come around to the realization that they care nothing about your wishes, or do you just wait into perpetuity? As far as my unwillingness to give you my personal information is concerned, I don't know you from Swift, and I'm sure as hell not wild about the idea of being fooled again by this company. Best of luck in your endeavors.
Which is why these guys are going to be personally liable if this BS continues. They have taken away our legal right to participate.
IMO, Pandey would have been charged with fraud long ago if he had done to the Basu group what people are accusing him of. The litigation stinks of a smoke screen and as a way to buy time. At the very least, Pandey is guilty of giving the company away for seven million. At the very worst, Pandey is part of a grand scheme.
Since I've never heard him speak and he has been here for a year, it wouldn't surprise me if the guy is a mute. A lot of puppets are that way. I guess that explains why we have no shareholder's meetings. Too embarrassing for him.
And all for a measly few million bucks. Great job for the shareholders there Pandey. Give the company away for peanuts and turn it into nothing more than a printing press and profit machine for a select few. Thanks a lot.
Unethical if you ask anyone who is being honest with themselves. It has gone WAY past ridiculous.
Dilution isn't a strong enough word for what is likely to happen here. Niagra Falls is more like it. I suspect that the Swift/Basu gang is going to make the Chassman/Blech gang look like rookies. I'm just wondering how long the price is going to hold above triple zeros without a PR blitz, BS or not. We shall see.
And how many years have we been hearing that? So if the party begins in less than a month, you are surely buying at these levels, right?
I guess that's called cutting off your nose to spite your face. Then again, what they are doing is cutting off the nose of the shareholders since they are still getting paid. Childish BS IF that is actually what is going on here.
I agree completely Elis and DD. If Pandey had done something that was clearly criminal, I suspect that more action than these lawsuits would of already taken place. It's time to put the petty BS in the past and come to some kind of a reasonable agreement. The fact that this has not yet occured is what worries me the most here. It has the stink of a smoke screen to me.
I would be MORE than MORE than upset if I were a SHAREHOLDER here. Wait a minute, I AM a shareholder here!
If this is all based on childish "hate" for Pandey, then Swift and Company are even worse than I thought. This isn't (or wasn't) supposed to be their own private company. This is supposed to be a publicly traded company where the shareholders come WAY before their petty little bickerings. Absolutely a ridiculous bad joke going on here.
We can't even get five hundred bucks worth of interest in this stock today.
Ha Ha. That's a good one fiat. Next time I loan someone a pile of cash, and he promises to meet me soon and tell me what he is doing with that cash, and then he proceeds to disappear and act as though I do not exist, I promise I will think only positive thoughts about him. Yeah right. "Our" chief officer is just doing a wonderful job here. lol.
Thank you. I still haven't heard that explanation though. eom
lol! Please explain how it isn't? eom
I hope they have pictures. I've got a place reserved for them right over my fireplace.
Uh, a year ago he promised us a shareholder's meeting toward the end of '07 which never happened. He could of AT LEAST given us an explanation as to why this shareholder's meeting did not happen. Instead he has chosen to tell the shareholders of this company nothing. Also, you say that I know nothing about him. That alone is a pretty telling statement when you consider that he has been the chief officer of this company for a year. If you know something about him other than his resume, please share!