BigD

I don't have PM here, please send to bbnjthree@sbcglobal.net.

THanks!

G

Agreed. MACD positive cross and RSI over 60 have resulted in sharp price gains over the last 12 months for XKEM. EOD and Monday should be tell the story. Everything pointing to strong positive move right now...

JMO

Look at this 1 year chart. Pretty telling...

http://stockcharts.com/h-sc/ui?s=XKEM&p=D&yr=1&mn=0&dy=0&id=p90189139415

It's actually 45 (Oct 15th) and that's a Sunday, so the 5 business day extension takes it to the Monday the 23rd. So if they played it out all the way, they could actually not post the filing until after the market closes on the 23rd before the meeting on the 24th. Given that they have asked for an extension for the last several reporting periods, it could make for some pretty high volatility that Monday before the meeting. It could also be a great opportunity for them to show us they really do care about the investors by posting on time and showing the anticipated revenue we've been looking/waiting for. Only time will tell.

JMO
G

Another point worth noting is they will have to file their quarterly for the period ending 9/30 prior to the meeting on the 24th. They could really make us wait in suspense to the final minute (release on 23rd with 5 day extension from the 15th), or have a nice succession of positive results leading to the meeting to make the approval of the AS increase a no brainer for all. In any case, a potentially well orchestrated plan is not unrealistic...

JMO
G

Seems like they pretty much have to have the loans in place within the next few weeks otherwise they're in a real tight spot. No one would approve massive dilution to get funds to complete the expansion, plus construction would likely be delayed at least a month (probably a quarter) if they don't get additional funds before the meeting. Not sure if the Sept 12th date will be the true deadline for releasing the news, but they better do it soon or the share price will really start to suffer. They can't afford to let the share price decrease back to the .01s as they would have to drop the conversion price back to 0.005 (or less) to make a deal lucrative enough for Chasman (or anyone else) to bite. Hate to say it, but 3 billion shares wouldn't be enough to get the expansions completed at those prices.

I'm not in favor of any dilution, but this really points to the loans being a done deal. Without the loans, they will have to work to get enough votes to have the SH meeting take place (877M - majority as stated in proxy pg. 2) and then have enough yes votes to get it through.

Just my opinion...

2,500,000

Thanks for taking out the garbage!

Happy 4th!

jjz:

I did not receive the report. Can you please try again at bbnjthree@sbcglobal.net

Sounds like a solid report and I would very much appreciate it.

Best Regards,

gman

Can you please forward your notes to me as well (bbnjthree@sbcglobal.net). This is my first and most likely last post.

TIA