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If Swift and Burk cannot prove anything,they will be sued by XKEM and the shareholders.Since,Swift hijackt this company,he is also responsible for any money missing in Nigeria XKEM(government grants,sales and equipement at customs).
Swift,Burg have to prove to the court all the consulting work they did for XKEM that they where paid for.If they cannot show proof,then, you where lying and stealing from the company.Who would hire you guys?
Robet Swift and Steve Burk must be happy that they killed xkem
with their good consulting service.They made all the investors angry and made many Nigerians suffer.I do hope they will get rewarded in a bad way.
Would you hire R Swift and Steve Burg as your consultant?Take over your company and run it to the ground.Pay nobody,except yourself for work that was never done.
Maybe they never filed any reports,therefore,they should not have been paid.No work done,no pay.
We should be reading 20 or 21 months of reports from the two clowns that are so called consults.As a sharehold of XKEM we do have the rights to see them,as we paid these guys.
I hope that the BK judge will ask Swift and Burk for their reports,as to what they did for us in two years.
If Swift and Burk cannot justify their work,all money should be returned to XKEM.Since we do not have a CEO ,who do they report to?Who hired them in the first place?
What has been done with our famous court case in India?
Swift has to show proof that he did lend money to XKEM and where the money was spent?I suspect that they only consulting done was to each other,how to screw the shareholders.Show us your reports for the last two years.We all know that you read this hub Mr Swift and Burk.
Maybe the judge does not know about the consultan fees paid to themselves Swift and burk.They must have made monthy reports?The sale of XKEM should be stopped,until this is sorted out,including Nigeria and usa.No reports,then it is stealing by the two crooks.
I hope that the lawyer we have is asking for the report for the BK judge to read,if they did file something,otherwise,it is called stealing from XKEM.
If our R.Swift is our consultant to XKEM and running this company and filed BK,He would have to get the financials of XKEM nigeria to the BK judge.This is getting better and better everyday.I hope that Swift will go to jail soon with Burk as cell mate in Nigeria,then in the USA.
Gentlemen,
Mr. Ireti Oniyide is at it again.
Mr Ireti has plans to file a court case against Xechem Inc. & Xechem Nigeria. He intends to make claims of US $ 4 million which is 2yr 6 Months non payment of salary/commission & personal allowance to him.
Our response to this is NO, NO, NO. Hell No. With all the money he has embezzled. Mr Ireti has not been remitting NICOSAN Sale proceeds made by him in the last 10 months. After making himself the only “company marketer” of NICOSAN, he has continued to take drugs from the inventory shelve with the excuse of promoting the drug at drug exhibitions/seminars. For 10 months drugs worth over 300 million Naira i.e appx US$ 2million..(this figures are from prior year creditors who paid-up and from sales during the year.)
We will take the law into our hands like we did on the 2nd of March 2009 (when we forced Mr. Ireti to the Police station for non payment of 3 months’ Salary) we were finally paid on the 6/7 March 2009.It is the same funds he was stacking we got paid from.
Ireti claims he is the all of Xechem Nig., telling Nigerians that he is the new chairman of Xechem Nigeria and that significant shares have been sold to him by Xechem Inc. This is another example of the 419 scam.
We have also come to the conclusion that Robert Swift has been working with Ireti to lead Xechem down the road of bankruptcy.
Mr. Ireti has so many questions to answer before he leaves Xechem Nig.
· That happened to API produced for 2008.
· Sales for 2008 was stated as only about Naira 85million, when more inventory went out.
· Sales receivables recovered in 2007 and 2008 not receipted into company bank accounts
· Company Vehicles (Peugeot 607,Hilux Bus) have been taken as personal vehicles.
· Raw Materials paid by Xechem Nig but were not delivered to Xechem Nig.These supplies were handled by family members & friends of Ireti.
· The govt grant given to Xechem Nigeria through Ireti never showed up in the financial books of Xechem Nigeria.
· Sudden Source of Funds to pay for residence at Maitama.
All the money Ireti has stolen is more than his Salary/Commission for 5 years put together.Why is he still looking for an option of stealing more.
We are waiting this is not a bluff.
Thank you.
Voiceofxechem
I did not receive my shares.Who is selling shares,when most of us did not get new issues yet?
Noboy sells,price may go up.Did mm sell short this stock?
After the BK, I will sue Robert Swift for my losses as he did nothing.He neaver worked for us.
You can thank the crook Robert Swift.
When one buys 1 share or 1,000,000 shares of XKEM ,we are part owners of the company(XKEM).Since,Robert Swift is a consultant working for a consulting company on behalf of XKEM,how can he be incharge of XKEM?He had no rights to run the company or sell anything.Everything he is doing is illagal,as he is not an employee of XKEM.Who hired him and who authorized any loans or trips to Nigeria?
All the praying will not stop Swift from ruining this company.If you lisened to the news conferece from last year,just by his tone of voice you can tell that he is a nasty person.
Too many greedy persons killed this company.The biggest is Swift.I bet he is working for another drug company and his job was to stop our drug to get to the market.He will stop Dr pandey from getting the diabetic drug into production.
Swift is the a crook and always will be a crook.He should be in jail with Burk,Basha.
when it runs up this fast,it comes down fast,wensday is usally a bad day for this kind of stock.
When will we see .10 per share?
We also have to get Ireti out of XKEM.
We will need to get R Swift to resigne or this company is dead.
Ireti must have taken a lot of money from xkem and is afraid to be found out.Swift knows about the missing money and did nothing.Swift is in charge,therefore he would be as guilty.Refusing entry,means there is something to hide.I hope that the Nigerian government will help in checking the books if any was kept.Swift will have to answer to this in court.He should not be allowed to sell anything from XKEM,until this mess is looked into.Swift should be asked,if he is working for some drug company to kill our drug from getting to the market?
Can the Nigerian police and government connection help you in getting in at XKEM?
Maybe at XKEM Nigeria,no production,no equipment,no accounting books,and no money.Someone has pocket the money.Mr Swift,you are responsible for this mess.Where are you hiding?
Posting guards and threats could also be with Swift as hes is charge of XKEM.I think that there is a crime commited in Nigeria.This does not look good for R Swift in BK court.
I have a bad feeling that something nasty will come out of this.
Mr Ireti Oniyide does not own XKEM,biut act like he does.Monty should get local government help to get in.Swift and Oniyide are covering up something bad,like missing money and equipment,sales to the Nigerian States.I hope there is no shooting.
I think MR Ireti Oniyide has something to hide.
Did you get any luck with Ireti ?
Maybe he did not think that the licence would be lost
call the company
Maybe the Nigerian government should call the police on Ireti and Swift and look at the accounting books if there is any?
There is no production,no sales,office manager not at work,no wander we are BK.Is the plan of Dr Swift for XKEM to sell the company at rock bottem price?Who owns XKEM,I believe it belongs to the shareholders,not to Swift,Burk,Basha or Ireti.They all should be fired,sued and jailed.
Ireti is acting like he owns the company,used money belonging to XKEM for personal use.What happened to the money from the sales to few Negerian provinces?Where is Swift?
This is a real mess....
This is another repost from Voice of Nigeria XKEM that should be looked into....Gentlemen,
This email is being sent to you because we know that you have been with Xechem for a very long time and you are true friends of Xechem.
We ask that you do not concern yourself about who we are. We can only tell you that we are a small group in Xechem Nig that are asking for a positive change. If Ireti knows we are communicating with you ,we get fired the next minute. If we reveal our identity what will happen to us and our families.
Please confirm if all below is true. We are interested in the truth being known to all that made Xechem the good company it once was and who have put money in the company.
Please and please talk to Dr. Swift let him know that Mr. Ireti is not a straight forward guy, Ireti keeps telling lies. He is bringing a bad name to the company.
Why is he telling the press that the building is about complete and the equipments are being installed? Why is he telling Dr.. Swift that the employees have been paid when only 40% of the payroll has been met? Mr. Ireti has spent all the money that was meant for the building construction for his personal affairs. He has not been able to account for the balance of 200million Naira after paying J.PATEL.-NEXIM is questioning all of this. Why are they not putting photos of the building and equipment installation if it is true,on the website. What is he hiding.
Do you know that Mr. Ireti’s credentials are being questioned by the banks(NEXIM) .Mr Ireti claims he was a manager in General Electric and a top bank regulator in the U.S.The banks are in doubt about this.-if he has so much experience why is he mismanaging Xechem Nigeria.
Dr.Martins biggs advised Mr. Ireti not to buy raw materials for a while because we had enough to last for a long time-5yrs at the present production level. Do you know that he has been given orders to his relatives to supply more raw materials at higher costs. The raw materials are organic matter (Plant materials).if an organic matter stays for just 1 year,you can imagin what happens.
Do you know that there is a law suit against Xechem Nig. for 20million Naira because Mr. Ireti could not keep to a signed contract ?.He gave the same contract to another vendor who are his friend-he calls them his buddies.
Do you know that Mr. Ireti is planning so that Dr. Coker becomes chairman of Xechem Nig. after Dr. Coker’s retirement in October 2008.
Dr. Coker gave Ireti funds for the green houses from the grant of 400million Naira given by Nig.govt. Ireti started the green house project,but he has not completed it. He has used the funds for his personal gain. If he has not used the money for his personal gain where is the balance of the money from the govt. grant.Where did he get the money from.
The amount sent from the U.S for the clearing of consignment from Xechem Inc. Has also been used for the personal gain of Mr Ireti. Mr Ireti keeps telling Dr. Swift that he has sent the money to the clearing agents. If he has, why has the consignment not reached Xechem Nig. it is about 8 months since the consignment arrived Nigeria.Why is he going to the banks to with money,He made himself sole signatory to all the company bank accounts.
Sale are not coming in (we are finding it difficult to meet payroll obligation) , there is news in Nig. that Mr. Ireti is a swindler. He collected money form his state govt. in 2004. for his ambition as state governor to campaign-which he did not carry out. And he flew to the US. And he is now coming back to Nigeria in 2007 to run a company. (Xechem Nig.).How can there be future sales from the states when there is doubt on Mr. Ireti.
Mr. Ireti also arranged with some swindlers to swindle Xechem Nig. of 10million Naira in the month of Nov.2007. He used a sale to Ebonyi State as his cover.
Mr. Ireti’s secretary resigned last month. He told Dr. Swift that she went on leave. Why is he lying to the chairman? The accountant also resigned because Mr. Ireti took money for his personal affairs from the company. Employees are leaving. What is the future of Xechem Nigeria in the hands of Mr. Ireti…If in doubt please and please call them on phone-(Accountant-Mike +2348033594774)..(Sectary-Laraba-+2348057913994)… (Marketer-Ngozi-+2347027884961)
We are convinced beyond any reasonable doubt that Mr. Ireti does not have future plans for Xechem Nigeria in the positive light.
It will be a shame to us Nigerians , the sickle cell patients and to the American govt. when investigations are carried out and it is found that Xechem Nigeria leadership is using the company as a tool to steal money from the govt through the LOANS,BUDGETS AND FUNDS SENT FROM FROM THE U.S.
We have also confirmed that Mr. Ireti has a unregistered transportation company in Lagos- R.Oniyide Carriers Ltd.-Which he also manages. This clearly explains his unnessary visits to Lagos. Some of the cars that were meant for Xechem Nigeria through the govt grant was diverted to the company. We are not sure if Xechem Nigeria funds are also diverted.When ever he is asked about the number of cars that were given to Xechem Nigeria.He keeps giving different figures.
ANY PERSON OR GROUPS OF PERSONS BEHIND AND IN SUPPORT OF ALL OF THIS IS NOT A FRIEND AND WELL WISHER OF XECHEM NIG.
There should be no more story telling.It is time for action.We do not want Ireti's leadership.He has not brought success to Xechem Nig.
Please,.Look into these issues.
Thank you.
this is a repost from Voice of Nigeria XKEM awhile back.
Dr Swift does to care for the company or shareholders.
This email is being sent to you because we know that you have been with Xechem for a very long time and you are true friends of Xechem.
We ask that you do not concern yourself about who we are. We can only tell you that we are a small group in Xechem Nig that are asking for a positive change. If Ireti knows we are communicating with you ,we get fired the next minute. If we reveal our identity what will happen to us and our families.
Please confirm if all below is true. We are interested in the truth being known to all that made Xechem the good company it once was and who have put money in the company.
Please and please talk to Dr. Swift let him know that Mr. Ireti is not a straight forward guy, Ireti keeps telling lies. He is bringing a bad name to the company.
Why is he telling the press that the building is about complete and the equipments are being installed? Why is he telling Dr.. Swift that the employees have been paid when only 40% of the payroll has been met? Mr. Ireti has spent all the money that was meant for the building construction for his personal affairs. He has not been able to account for the balance of 200million Naira after paying J.PATEL.-NEXIM is questioning all of this. Why are they not putting photos of the building and equipment installation if it is true,on the website. What is he hiding.
Do you know that Mr. Ireti’s credentials are being questioned by the banks(NEXIM) .Mr Ireti claims he was a manager in General Electric and a top bank regulator in the U.S.The banks are in doubt about this.-if he has so much experience why is he mismanaging Xechem Nigeria.
Dr.Martins biggs advised Mr. Ireti not to buy raw materials for a while because we had enough to last for a long time-5yrs at the present production level. Do you know that he has been given orders to his relatives to supply more raw materials at higher costs. The raw materials are organic matter (Plant materials).if an organic matter stays for just 1 year,you can imagin what happens.
Do you know that there is a law suit against Xechem Nig. for 20million Naira because Mr. Ireti could not keep to a signed contract ?.He gave the same contract to another vendor who are his friend-he calls them his buddies.
Do you know that Mr. Ireti is planning so that Dr. Coker becomes chairman of Xechem Nig. after Dr. Coker’s retirement in October 2008.
Dr. Coker gave Ireti funds for the green houses from the grant of 400million Naira given by Nig.govt. Ireti started the green house project,but he has not completed it. He has used the funds for his personal gain. If he has not used the money for his personal gain where is the balance of the money from the govt. grant.Where did he get the money from.
The amount sent from the U.S for the clearing of consignment from Xechem Inc. Has also been used for the personal gain of Mr Ireti. Mr Ireti keeps telling Dr. Swift that he has sent the money to the clearing agents. If he has, why has the consignment not reached Xechem Nig. it is about 8 months since the consignment arrived Nigeria.Why is he going to the banks to with money,He made himself sole signatory to all the company bank accounts.
Sale are not coming in (we are finding it difficult to meet payroll obligation) , there is news in Nig. that Mr. Ireti is a swindler. He collected money form his state govt. in 2004. for his ambition as state governor to campaign-which he did not carry out. And he flew to the US. And he is now coming back to Nigeria in 2007 to run a company. (Xechem Nig.).How can there be future sales from the states when there is doubt on Mr. Ireti.
Mr. Ireti also arranged with some swindlers to swindle Xechem Nig. of 10million Naira in the month of Nov.2007. He used a sale to Ebonyi State as his cover.
Mr. Ireti’s secretary resigned last month. He told Dr. Swift that she went on leave. Why is he lying to the chairman? The accountant also resigned because Mr. Ireti took money for his personal affairs from the company. Employees are leaving. What is the future of Xechem Nigeria in the hands of Mr. Ireti…If in doubt please and please call them on phone-(Accountant-Mike +2348033594774)..(Sectary-Laraba-+2348057913994)… (Marketer-Ngozi-+2347027884961)
We are convinced beyond any reasonable doubt that Mr. Ireti does not have future plans for Xechem Nigeria in the positive light.
It will be a shame to us Nigerians , the sickle cell patients and to the American govt. when investigations are carried out and it is found that Xechem Nigeria leadership is using the company as a tool to steal money from the govt through the LOANS,BUDGETS AND FUNDS SENT FROM FROM THE U.S.
We have also confirmed that Mr. Ireti has a unregistered transportation company in Lagos- R.Oniyide Carriers Ltd.-Which he also manages. This clearly explains his unnessary visits to Lagos. Some of the cars that were meant for Xechem Nigeria through the govt grant was diverted to the company. We are not sure if Xechem Nigeria funds are also diverted.When ever he is asked about the number of cars that were given to Xechem Nigeria.He keeps giving different figures.
ANY PERSON OR GROUPS OF PERSONS BEHIND AND IN SUPPORT OF ALL OF THIS IS NOT A FRIEND AND WELL WISHER OF XECHEM NIG.
There should be no more story telling.It is time for action.We do not want Ireti's leadership.He has not brought success to Xechem Nig.
Please,.Look into these issues.
Thank you.