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Why purchase generic drugs from India when you have no regulation of those drugs. Not only that, but there are supply issues getting generic drugs in Nigeria. (Current supply issues) Correcting this issue is of the highest priority in the nigerian government, and Xkem is where they are looking. They can produce the drugs locally with out fear of Imposters, or their shipments becomming hijacked.
I can under stand why you bash, I would like to have the PPS lower so I can buy more too.
GLTA and this is all IMO
Stock crashed because the new ceo wasn't the new ceo, he was just an Interm CEO, which the market never act positively to.
As far as the company getting rid of its stock, they can only do that through a Bankrupsy court. (Kmart, Delta. . . ) I highly doubt that the company is looking to do this. For what the company is going to make, the current shares outstanding isn't that out of line. (They might reverse split the stock, but I doubt it. They have Nicosan, and the generic drug market to generate revenues, and boy will they generate revenues. :)) This is all in my opinion. But I put my money where my mouth is.
I think that Nicosan will Pay for everything, and the Generic Meds will be our bread and butter. This company is going to go higher then anyone can comprehend IN MY OPINION. Due to the Generic Meds that they can and will produce in the future. In my opinion that is. :)
SBSH is Tdameritrade
If the new management wants their shares to be worthless. . .
Just hanging out, and grabbing at this low hanging fruit! Got my average down to the Mid .02's, (Adding in my zkem loss's) which is a lot lower then I thought I would get!
I'm very glad to see you're still posting brother!!!!!
So looking at:
http://img72.imageshack.us/my.php?image=dscn0027bi6.jpg
There is a guy walking in front of the building, and it looks like the wall is atleast 2X taller then he is. I'm thinking that he should be about 6 feet tall. So the walls look like they are done.
Man, its looking like we are going to make the December Deadline!!!!!! Wahoooooooooooooo!!!!!!!!!
Thats awesome. So what are they going to put between the Cinder Blocks and the roof? Or is Nigeria like Hawaii and they will just have an open air Facility ;)
I hope so brother!
I also have a gut feeling that good thing are happening with Xkem. I'm not sure of the silence, my guess is that they're trying to Finally Flush the Turd Cashman down the drain, but she just wont go. Or they're trying to get a better prepurchase deal. (Both I am hoping for)
I have been in Xkem, sense the Zkem days, boy has it been some ruff few years. But now is the time for us to shine, and for me to make back some Zkem loss's :)
I have been adding at these low levels, lets hope that history will show that I was a Genius and not a idiot.
LOL, I did hear something that sounded like a dumpster banging, Maybe the Good old Dr is living in the Dumpster behind the old building.
Thanks! :)
Well I called in, the lady that told me Burg was there, had an Indian Accent. Which the Name Barb doesn't sound like an Indian name.
Also, How could I be mistaken when it was what I was told. You should say, "He was mis-informed" Which it looks like I was mis-informed.
I called the company, the lady that answered was very nice, but was unable to address any questions that I had for her. Except one, I asked if Steve Burg was still working there, and she said that he was. I asked if I could talk to him, and she said no, that he was busy helping with the move to the new location.
I asked if they were done with the 10q yet, and she said that she didn't know, and couldn't ask as the people that worked on it, as they're also busy moving.
So IMO the 10Q is done, and Xkem is just riding the full 30 day window before posting it. (SO that their friends can buy in before the stock takes off maybe? Get Cashoutwoman to dump more of her holdings? Checking to see if a Ground Hog see's his shadow which signals that its time to release news. No Shadow and we wait another 4-6 weeks for news? Who the Heck knows with this company, all I hope for is that the factory is still on schedule.) IMO GLTA
My guess is either tomorrow morning, or next wednesday morning. (Can I do a two date guess?)
If we get news, If not right back under .01 we go. The run wasn't substantial enought to maintain the PPS level.
I want to be Willey Nelson!!!
I dont think they would be, Fiser maybe, but BMS would create a monopoly in the Sickle Cell treatment world. + xkem sued them last year and won 3 million $'s I bet they still have a bad taste in their month from that.
True, but I'm on that ship with ya Captain!
Thats right! Drifter is on it again! The Dude is Right, Always right!
HILL is back? Isn't that the one that lead the run to .038????
XKEME Bid: 0.0099 Ask: 0.01 Last: 0.01 ($): 0.0012 Vol: 4,785,576 |
Bid: 0.0093 Ask: 0.0098 Last: 0.0095 ($): 0.0007 Vol: 3,099,300
no Construction for a few months, Or No Construction UPDATE for a few months??????????????
I agree, The time to buy is when "The Skys are falling" not when "The sky is the limit" I dont see this company failing, Nigeria has too much invested to let this company go belly up. JMHO
Burgs e-mails might be rejecting due to the Mass amount of e-mails he is receiving, They have filled up his mailbox and now are rejecting due to that? What does the Rejection e-mail say? Unable to find sender? Or Rejected?
Is that a good thing or bad thing?
Nah, I just vote for a Rubber Hose, when they dose off we give them a nice WACK into the lower back, that would wake em up quick.
No way we're going to the Stinky Pinkeys, The company want to go to the Next Level, and Thats the wrong way.
I'm with you Drifter in that I think the 10Q will be out shortly. (Next few days) IMO
GLTA
Bid: 0.0088 Ask: 0.0094 Last: 0.0088 ($): 0.00 Vol: 1,174,300
I wouldn't be suprised. We have been kept in the dark for a really long time, a Buy out could easily be waiting for us at the end of the tunnel.
Yup, I think its a totally stupid comment only to try and lower the PPS so that the bashers can purchase more Xkem Stock per Dollar. I personally have never thought that Xkem would file for either chapter level. Worst case they would dilute more shares, but thats only at the Worst Case.
Its only a matter of time until we reach factory completetion or a Government pre-purchase deal which will send this stock into "Rocket Motion" (I dont think the Pre-Purchase will come until late november, right before the Factory will be opened. Or at the Factory opening Kick off Party)
So, I was back reading through past PR's, and this is what I'm focused on. The PR in March said that they would have a new Drier installed which would increase production in ten days. It also stated that a 3rd drier was on order, and would be installed shortly.
The PR stated that Once all three Driers were installed and running they could produce enough Nicosan to supply 30k patients or 500k per month. That was what, 5 months ago, so we should be producing enough nicosan now for at least half that many people, or 15k patients, or 250k/month, which will be 3million / year * AN EXTEMELY low PE ratio of 15, and that gives us a market cap of 45million a year, or 3.5X higher PPS then what we are at now, which would be $0.028/share which doesn't take into effect any future growth, or a PE ratio that takes into effect future growth.
In My Opinion, (Which is preaty worthless at this point) The only reason why we're at these levels is due to Fear. Fear that the company is going to File Chapter 7 or 11. Read the PR from the Government official in Nigera, she states that she will do everything in her power to make sure that production is Ramped up. I dont think that Either Chapter level will be taken. Swift is making sure that we're selling more Nicosan to help generate revenues to pay for Construction costs, and also for ongoing costs.
The Original Estimate for Factory completion was December of 2007. I know a lot of you have lost Faith in Burg, I haven't. You might say that he is a lier, but nothing he ever told me didn't come true. Some was delayed, and others he couldn't comment on, but he never lied. The Guy has now been instructed not to talk to us, which completely piss's me off, but it hasn't changed anything with the company. Its a matter of time until we get an update on whats going on, and IMO at that time this PPS will be history, and off to the races we go. IMO.
I cant blame anyone for selling, cause this just sucks. But I haven't lost faith in the long term solution, which is 17million people with sickle cell disorder, and all 17 million need this drug for the rest of their lives. This company, or who ever buys them, will do really well in the future, it just sucks that the future is not here yet. :( IMO.
Good Luck to all. I know I'm not selling, but I do feel sick.
Where is BigD??? He has to be sick at this point. . . (Like the rest of us)
I called Burg, and his Voicemail is him reading todays PR.
Even if they reverse split, the PPS will still be based on the original outstanding shares at .0175 So if they do a 10:1 reverse split, then their conversion price will be .175 SO a reverse split wont help them in the slightest.
Yea, I'm beyound sick at this point
Um, I say tomorrow.
I say 245k in rev's
He is in Nigeria? You must not have read what the guy wrote, He stated that his Aunt Purchased the Nicosan in Nigeria, and brought it to him in London.
Also, Nigeria has the highest level of Drug Fraud in the world. The demand for nicosan there is huge, so there will be fake Nicosan in the market. (If you dont think so, please send me $$ and I will send you all the fake stuff you want.)
The poster stated that the drug hasn't helped him much, and he believes that was due to him not taking it for 6 months. I think he might be using a fake drug and that is why its not working. He also stated that the drug is making him sick, which also leads me to believe that he is using a fake drug.
Finally, I believe that he got a fake drug, because he was able to obtain the drug with out a perscription. What pharmacy in nigeria would honor a perscription made out in london. Not only that, but what Dr's in London would 1. know of the drug to write the perscription. 2. would write a perscription based for a drug that hasn't passed clinical testing. (Only if they want to lose their Medical License)
For the sake of the poster, I hope he obtained legitimate Nicosan, but from what I read it sounds like he received an imposter of the real drug. (Not working, and making him sick)