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Jochef....gracias! I had been thinking all night about why the wait....not only was this the only reason I could come up with, the more I thought about it, the more it not only made sence, but also seemed stategically necessary!
We will all find out shortly i suppose, and I am confident I am not just blwoing smkoe up my own arse!
hard to beleive trading is soooo slow, baiscally not even trading....someone fire up soemthing! hey, a buy!...keep them coming!
just cheer leading here from a quiet little corner....maybe if they try rasing the b/a they will get some action....
BigD...I second that!!! did you have achance to read my post about the theory on then loan pr's delay?...any thoughts?
brady..as i posted earlier, the faster they get the pre-purchase deal done, the faster everythign else will be PR's (my hypothesis)...hopefully Pandey in Nigeria now ( I think) is gonna make it happen.....
but oif the pre-purchase takes much longer to close, then they will have to PR the loans sooner than later (again my hypothesis from earlier post today)...
this will take days or weeks...not months in my opinion!
brady....not so fast,
once financing is in place and we GET the pre-purchase from the govt, this thing will move closer to fair value even before the plant is open...bank financing will be a great set of PR's, but the pre-purchase is money in the bank, shows strong gov't support, and are basically sales NOW, before the plant even opens.....
Once all is in place and the factory completion is certain, the price will climb...remember, PPS is a function of the expected future discounted to today....the discount goes to about 0 once the plant completion is paid for...the pre-purchase is gravey to lend morre credability to the entire project and company....
also expect news related to 5-hmf during the year and more work with the FDA on approvals....
all of these things in my mind's eye tell me the price is going much higher, even before the plant opens its doors...
time to execute!
GM all....FOOD FOR THOUGHT:
I have been racking my brain trying to figure out the reason for holding back on financing news and have come up with the only reasonable solution:
XKEM must be holding back PR'ing on obtained financing to provide them leverage for pre-purchase negotiations with Nigeria's Govt. If these negoiations are in fact ongoing right now as seems to be the case based on company PR's, etc., holding back on this infromation would provide incredible leverage with respect to the amount of $$ of any pre-puchase as well as expedite the process.
This scenario would also provide back-up ofr any SEC issue related to not releasing the information in a timely manner as dots could be connected...also suppporting management in their poential late filing of material infomration would be the fact that this information is ONLY GOOD NEWS AND NOT A MATERIALLY ADVERSE EVENT...which would require immediate, timely filings. I am not an attorney, but am pretty well versedd in the filing requirements of public comapnies as i am a CPA in public practice.
The company could easily make an argument that the bank loans as well the Pre-Purchase is somehow a combination deal and releasing info on 1 aspect of the financing before all others is in place would/could jeopardize the yet to be completed protion.
IT MAKES PERFECT SENCE TO ME!!!! It is actually the only thing that makes sence to me!
robo...100% positive~!!....the 4thQ is also the year end, so no Q is filed, but the K is filed, due 90 days after year end and with a 15 day extension possible! (Q's again are due 45 days after the quarter end with a potential 5 day extension)...I am in the business!
robo...4thQ revs not posted until the 10k comes out, due 3/31/07...4/16/07 with extension....they get extra time on the 10k.....the Q's are due 2.5 months after the q's end...the K is due 90 days after the year's end.
fmmers...try to reboot!...vol=8596369
that is why I type standing, personnally!
BigD....close for sure...but where's the cigar?
because....
it is the way it is.....good questions, but no one here has those answers.....hold tight, it'll all be good!
pretty much all the stocks im looking at are red today....just waiting on news here....
surprised more are not completely positive that financing news should be forthcoming here...I know I am!!!!
drift...that is correct and I stand corrected, but the flip side is, I do not think we will be on the OTC by the point we reach that level of sales and growth!...trying to keep it real.....
loans anyone?
GM everyone...I have gone back and been looking at other biopharms and have found more than I would expect to find which have market caps well over $1B and sales of $100M or less....
This does not seem to be a rare event by any stretch, without knowing what is going on with these other companies. They must have things in the pipeline as well as expected increases in revenues.....
sound familiar?....when XKEM hits or exceeds their revenue targets for the upcoming year or 2 or 3, as well as gets positive feedback form UK and FDA on 5-hmf (and who knows what else they might have up their sleeves), the market cap here could easily be a couple billion $$$ (like 3-8 range)....again based on precedent!!!
who cares what the o/s is!!!! it's all about market cap!!!!...take that cap divided by the o/s and bingo...you get some PPS targets...WE ARE TALKING DOLLARS!!!
Again, all you need to do is snoop around the industry statisitcs (I used Yahoo...while not nthe most accurate, it's close enough for this exercise)....ALL MANAGEMENT NEEDS TO DO IS EXECUTE!!!!
man I'm psyched!!!!!
not with respect to market cap OR P/S ratio!!!!!
based on P/S info... look at OSIR, per yahoo insustry info, it has revenues of only $6M, a market cap of$684M, 63 employees, negative EPS....IT CAN EASILY HAPPEN TO XKEM!!!!! THIS IS JUST ONE OF MANY EXAPMPLES OUT THERE....
START COUNTING YOUR CHICKENS PEOPLE!!!!
PE is based on net income, not revenues....on 100M of revenues, it would have to have a P/S (price to sales) ration of 20 to be at $1 in your scenario....and for devloping biopharms it is in the range of posibilities....mature biopharms have a ration of around 4, but developing one can have them over 100~!
yeah, but in the mean time....no one is buying anymore today it seems...trickle trickle...drip drip (and I am not talking about my member)
who stole our volume? trading has died ...shame!
anyone know if Pandey is in Nigeria now? TIA.
means fake wall/blockage to scare somebody...but I aint scared!
brady...maybe, but I finished my lunch 20 minutes ago and am ready for some upward action!
Volume has really tapered off this afternoon....read some posts about some big purchasers for today...just not seeing it....any way you slice it, we are apparently basing here at .026 and primed for the next pop....
volume = next pop.....patiently waiting!
bust through to the .028's seem to be coming, IMO>
bid building and ask soson to follow suit...MM's seem to be having a hard time shaking lose any shares here!~!...and ther goes the ask! .0268~!
nice hinch...hoepfully today and goodbye 2's forever!
still feeling a steady climb with some nice spurts along the way based on news realeses as the catalyst....come on catalyst!!!!
Good morning everyone!...looking/hoping for contintued uptrend and increasing volume as we await financing news which could be coming at any time now....
I am not much of a chartist, but seems things are looking rather good as of late....even though this baby is about fundamentals and promise....but a fine looking chart cannot hurt at all!
socal, man you are killing me!
mm's aint getting any here...gotta raise it (not you socal)!
socal....that made me fall out of my chair!
larry...and my request for ask whackers!
I may be waaaaaay off base here, but I sense a cover ralley coming up...jus thinking thinking out load and watching the action....guess we will see soon!
b/a just ticked up without any trades going by...I snece a nice day end push coming!
yahoo seems to have turned them on a few I just spot checked....actually all i just checked (all otc's)
Drift...music to my ears!!! gracias!
Bring on the 2pm ask whackers! em.
the last 2 hours today could get quite elevated, so to speak!!!
Socal...BINGO!!!!!...that was the material part about what i got from the filing!