Trade them and don't INVEST in penny stocks!!
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MMM pure and simple. A small 49K BUY for .017 and ASK drops to .0165!!! Too funny. But the bottom line is NO interest right now in our stock. A BUY UNDER the strike price and still NO buyers. Equity trend better make more phone calls to potential investors maybe lol.
I know that many will NOT sell at this PPS BUT with the spread back again today and most days it seems than also NO BUYERS!! Our day will come so like many here have told me, be patient. Gets difficult at times to KNOW what a great platform Spooztoolz is and then see little to no interest in the stock. glta
alliecorp thanx for sharing. They should HIRE that investor IMO!! NOW can we get some interest in our stock please???? ZERO shares traded today. Huh?????? Most HOLDING and no buyers. I hope Equity Trend gets real agressive!! The Barron's advertisement was great imo also.
This was the July 26th PR!! No loan approval PR out yet!! With added comments of an investor. I thought it was an interesting take on that PR so shared it with others is all.
Spread OPENED UP again!! Since there is little buying pressure then Nite can do as they choose. They MAKE the market when there isn't one. Their game and their rules UNTIL there is buying interest!! Remember the MOVIE Field of Dreams with Kevin Costner??? Build it and they will come!! Same with SPOOZToolz haha!!! glta
FROM THE PENNY PICKERS SITE!! Since it's slow now then check this out!!!!!
Posted: Mon Jul 31, 2006 11:59 pm Post subject: My interpretation of our last PR fwiw
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I truly believe the July 26 PR was so chock full of good stuff that it deserves a closer look... just my opinions here, but here is our last PR in black, my interpretation/comments in brown
Xechem International, Inc. (OTC BB: XKEM) announced today that response to the first limited sales and distribution of NICOSAN(TM), its new product for the prophylactic management of Sickle Cell Disease (SCD), by its subsidiary, Xechem Pharmaceuticals Nigeria, Ltd. (Xechem Nigeria), has been far greater than anticipated. We expected a significant demand, however even that expectation has been exceeded. Xechem Nigeria has broken ground for a new state-of-the-art commercial scale production facility and accelerated the facility's construction schedule. We of course knew there is a huge desire for the solution that Nicosan brings to those who suffer, and therefore obtained the Nexim loan in advance of the launch so that we could (upon approval of the sale of the drug) get a head start in establishing the larger production plant and manufacture the required quantities at the earliest date possible. We did not do this earlier because we were not sure of the time-line for approval of Nicosan. Xechem Nigeria, which received regulatory approval for NICOSAN(TM), its first major breakthrough "Natural Herbal Drug," on July 3rd, 2006 from the National Agency for Food and Drug Administration and Control of Nigeria (NAFDAC), has been producing the drug in limited quantities at its pilot scale facility in Abuja, Nigeria. This would be the 50000 to 100000 client capacity that you all know about.
Xechem Nigeria's new commercial scale facility will have capacity to meet the demand of Nigeria and other African countries. Nigeria alone has 4 million sickle cell disease patients. As investors in our company, we believe you have the capacity to figure out what this means in the way of revenue projection. There are 4M in Nigeria, another 8M +/- in the balance of Africa.The new facility will also be able to supply the drug for the clinical trials in the United States and the European Union. Yes, we very much intend to follow through with the clinical trials abroad, and this too will be PR’d – perhaps in six months or so.
NICOSAN(TM) was launched by the President of Nigeria, His Excellency Chief Olusegun Obasanjo on July 6th, 2006 at SHESTCO Complex. Immediately after the launch ceremony Xechem Nigeria has started direct sales of NICOSAN(TM) in Abuja, the Federal Capital Territory of Nigeria. Yes, the launch was a big deal. It has been many years in the making, and has had several roadblocks as those of you who have been invested or researched for the last five years well know. But we are there now, and yes we are producing and selling in limited quantities as we gear up with staffing requirements, arrange the construction schedule (yes, even ahead of the 8.2M loan PR – ahem, you do all know the money supply is being finalized –no?)
The drug is taken through one-a-day capsules which, once started, must be taken daily by the patient. The current price for a months supply for Adults is established at N 3,000 Naira (approx. US $23) and for Pediatrics at N 2,400 Naira (approx. US $1, respectively. Xechem is also accepting mail orders for the drug from other States within Nigeria. Alright, still need help with that math? Ok, average of $20 per month x 12 months x well, lets do all of Africa since we will be able to manufacture and distribute that much in. say, two years … ok x 12M SCD sufferers who will be blessed to receive this natural miracle drug, … ok this is a large number … yes, pretty close to $3B annual revenue. Don’t get too excited here … this is after two years- maybe longer. By August 2007, please be more realistic and assume we can effectively service only Nigeria’s 4M SCD population which will bring us our first exciting cash-flow of just shy of $1B. And yes, all revenue is of course recurring since our drug is a treatment, not a cure. Remember that our current O/S count is about 1.5M and our A/S remains at 1.95M. We expect both of these numbers to remain static.
The financing for this first phase of construction was supplied by Nigerian Export-Import (NEXIM) Bank, which loaned Xechem Nigeria N150 Million Naira (US$1.2 million) in June of this year. Xechem estimates that the expanded facility will be fully operational within 9 months. Yes, fully operational, and while we are building this, our new staff will be establishing the best methods we can find as relates to distribution of this superb product throughout Nigeria, and of course the challenges with revenue collection.
Dr. Ramesh Pandey, Chairman and CEO of the Xechem Companies said, "This is a very exciting time for Xechem and one that has been more than four years in the making. Getting NICOSAN(TM) approved for the prophylactic management of Sickle Cell Disease (SCD) was a major milestone which changes Xechem from a research and development company to a full scale business venture with NICOSAN(TM) to market. Plain and simple but profound! While we will retain our R & D capacities, we are indeed now entering new territory with our new manufacturing capacity and a proven huge market of unfortunate SCD clients for whom we finally have relief.
"This also required the construction of a full scale production facility, on which we have now broken ground This plant will meet all the current Good Manufacturing Practices (cGMP) guidelines, the first facility in Nigeria to do so. Some of you may not know, but our Dr. Pandey has been personally instrumental in the establishment of the international herbal source cGMP guidelines. We are grateful to NEXIM Bank for the loan and their early support for this project. This will help ensure the completion of our expanded facility in the shortest possible timeframe. HuH? Read the last two sentences again and then ask if the 8.2M loan is not approved. If you still do not think the loan PR will be huge news, then you will just have to wait for the PR for the new plant commissioning next March. Meantime, just don’t be caught on the sidelines around the time other PR’s to be issued pop up. If you have done your DD, you know what these are. Xechem is very proud to be the leader in bringing NICOSAN(TM) for Sickle Cell sufferers first in Nigerian market which will be followed throughout the African continent and the world."
This is from an older article but it's WHY NICOSAN will be HUGE!!!!
The disease has no known cure. The only approved treatments are bone marrow transplants and a chemotherapy drug called hydroxyurea. Both cause severe side effects, and there are no approved medications for children.
While not a cure, the clinical trials have confirmed that the large majority of patients taking NICOSAN(TM) no longer experience sickle cell "crises" while on the medication, and even among those whose crises are not eliminated, the number and severity of the crises are substantially reduced.
The ABOVE statement is from Dr. Pandey himself. Many here and writers of several Nicosan Articles refer to Nicosan as a CURE!! and that Nigerian Scientists have MADE that claim. NOT TRUE. No one from Xechem has ever said it's a CURE.
Good Post Wing. It will be integrated as part of SpoozToolz2. You are correct. Gltu!!!
Regardless of it being a PAID advertisement or not, who cares?? WE NEED exposure. Problem is MANY BIG MONEY investors will not touch a penny Pink sheet listed stock. We all WANT that but probably not going to happen. Equity trend will need a very aggressive program to get Spooz noticed. Sure many big big time traders know of SpoozToolz and probably are subscribers even. Until Spooz puts out info about HOW many subscribers are on board then this stock sits as it has for many months. Also the acquisition won't be for 3 months so no hurry to buy shares now I guess. Add in the huge spread and we are where we are sad to say. glta
Hey Pigs because your post was a reply to mine then thought you meant me. No problem. You really lucked out buying at the BID. Never seen NITE do that before. NICE!!!
nordica1 most are HOLDING!! Many are averaged much higher then the current PPS. No hurry to BUY now as only PR to come is the loan PR. 9 months away from full scale production so most in NO hurry to buy and WAIT!!
pigs I NEVER said it was picked up by Barron's!!!! What are you talking about?????
Now a small 30k or so BUY and stock is at .017. I don't see how you bought at .012 but you say you did. You are the FIRST one in this stock to BUY at 45% UNDER THE ASK!!!! Problem is that the HALF CENT increase looks great but bid still only at .012!! Shows GREEN in my acount buy ONLY on paper. Stock is only worth what someone will pay for it and the BID is only .012!!
They are dumping for sure. I do KNOW that won't be buyers with a SPREAD like NITE has now!! Who would buy a stock and be DOWN 40% plus broker fees from the start?? Even with a small spread not alot of interest but this just kills ANY buying. Our time will come but very frustrating.gltu
Hey LIMA anyone posting they heard there might be mention of a company (Spooz) sure is NOT insider information. Now IF the contents was KNOWN of the article and posted then different. I don't understand why you don't understand that. If you are here to bash be ready for problems.
janniebgood you are asking the RIGHT questions for sure. Sure we are waiting on the loan approval PR and then should see a short lived POP but only thing that will sustain our PPS after that is WHEN will the Pilot Facility be producing enough Nicosan for the selected 100K sufferers?? That will bring in OVER 20 million per month in Revenues!!! Someone tried calling Steve on Friday and is on Vacation until Aug.2. Good luck in finding out what you can.
I am a long in Xkem and have been for quite a while. I made mistakes by not selling some on the last run-up. I HELD while many supposed longs were dumping and flipping!! I am not downing them but alot of B.S. coming out of their mouths. Wished I would have joined them but thought we were going higher then the .11's!! Live and learn. The real question in PPS IMO is sure we should get the loan approval PR soon which should result in a short lived run-up!!but what will sustain the pps after that for the many months until the new facility is up and operational?? I would like to know WHEN the present Pilot Facility will be providing Nicosan to ALL the selected 100K sufferers. I know sales have started and they are producing in a limited quantity but HOW limited. I will call Steve asap and ask. His messege says he is now again out of the office until Aug.2. I will post if I find out anything. glta.
Hey Louddude117 I just wish YOUR jurisdiction included MM's. They are some of the biggest CROOKS there are. Naked shorting and the list go's on. They destroy small businesses and investors who believe in them. NITE has really screwed SPZI but the truth is also that there is NO buying interest so it's easy for NITE and any others. Hope that changes soon. gltu
I will change my GTC SELL order to .20 also. Don't know how much good this will do but can't hurt. All our shares don't amount for much but maybe adding in all the insiders holdings might make a dent!! This low .01's is B.S. for sure. glta
OK Americano I will place a GTC order before market open on Monday for 1.7 million shares @ .15!!! I would be happy to see .027(my break even pps) hahahahaha!!! Wouldn't sell anywhere near there but this low .01 is getting old. gltu.
Finally not a Friday EOD dump. Not much left to dump I guess. Selling going on for weeks other then our one Big Green Day. Maybe something coming next week. glta
Uranium I see NO post from you on PP. Under what subject is it posted? TIA
bluefish I believe that liquidcool did contact the Gates Foundation as many have before him. I just have a problem with out and out LIES like him telling the board HE ordered a bottle of Nicosan from the website. Anyone with half a brain knows Nicosan can ONLY be ordered in NIGERIA off the website.
Hey LOCHUTE he is a LIAR!! You can NOT order Nicosan if outside Nigeria. He said you can and he ordered a bottle. A LIE!! He told everyone to CALL 1-732-247-3300 if no one believed him. I did and guess what it's the N.J. Office and she told me (like I already didn't know) that Nicosan is ONLY available via the internet IN NIGERIA!!!! Call yourself to see if liquidcoolcomputers isn't a liar. Get a grip!!!
abracky Not a CEO of liquid assets but a drinker of Liquid assets more like it.
nordica1 this stock has been tanking for weeks now so I guess some will try anything to see some DAMN GREEN!!
nordica1 yes that would be great if one of the big foundations gave them the 8.25 million but hey maybe it could happen, who know's?? I do KNOW that IF liquidcoolcomputer LIED about the Nicosan U.S. ordering then probably more lies about the Gates emails.
liquidcoolcomputers YOU ARE A LIAR!!! I called the number you posted and the lady explained Nicosan and then said it is ONLY for SALE in Nigeria!!! Said to call XechemNigeria and they will explain. I did and guess what STUPID??? They said NO SALES to U.S!!! Quit your LIES!!!!!!
liquidcoolcomputers YOU SAID YOU ORDERED NICOSAN AND THEY WILL SHIP IT TO YOU IN THE UNITED STATES!!!! For the last time that is a lie!!! You can ONLY ORDER Nicosan in Nigeria for Nigerian Use!!! They will NOT ship Nicosan to the U.S.!!
Sabre68 liquidcomputers posts are B.S PERIOD!!! NO ONE CAN BUY Nicosan in the U.S. Only Nigerian Sales.
Right now I was told by Steve that ALL Nicosan produced will FIRST go to selected Sufferers on a limited basis!!! Tell ME WHO told you Nicosan can be NOW shipped to the U.S.??? You are spreading B.S.
liquidcoolcomputers explain HOW you are going TO ORDER a bottle of Nicosan???? IT IS NOT for ORDER outside of Nigeria!!!
insureman must be more Marge Chassman conversions!! This is starting to stink big time.
Hope so Jabber. All my damn profits went POOOOOF!!! Oh well holding strong. Cooling down some from the heat finally. Take care Bro.
So true Dspetry so I guess I will NEVER lose money on XKEM because I won't sell until the teens. Don't care how long it takes either. IMO won't take that long. gltu
manfrommars I bought in at .0179 many months ago and then started averaging UP so hold 1.97 million shares in mid to high .03's. Had over 100K profit had I off sold in the .11's but thought it was going to around .15!! I am a dumb LONG I guess in the truest sense. I am not bashing any longs who sold for some profits and now ride freebies. Good for them. I will take a big loss before I ever sell under the .10 level.
When will this BLEEDING EVER STOP??? Forgot what green looked liked other then yesterday!! Tomorrow is Friday so more RED?? Wished I had money to buy. This is a give away in the .02's!!! Un damn believable.
I agree Stockdiesel. I just see many posters on all the boards saying just WAIT until the 8.25 loan PR comes out!! A POP but we will need a string of followup PR's to sustain the pps like YOU SAID!! You and I both know that the construction on the new Bld. is underway and NO WAY will it just stop for lack of funding. Now that Nicosan is approved then even IF UPS doesn't come through (which I believe they will because preliminary approval already done)then I would think that many other options now available. I know one thing for sure I HELD on this drop from the .11's so damn sure wouldn't think of even selling a share until we are back there and then only a small portion. No way we don't ALL make big BANK on this in time. gltu.
It's a damn shame when a KNOWN scam FHAL is in the green and we continue to see RED the last 10 out of 12 days. This is a company that is going to reep big revenues but until then is just another penny stock that flippers and day traders do well with. Us Longs don't get it I am starting to believe anymore. Add in the MMM and we are where we are at .03 pps. Unreal IMO but it's reality in pennyland. Loan approval PR will result in a POP but how long will that last??? This stock will require patience and that's the reality of it all. I think many LONG's took their profits and moved to hot stocks knowing this one will always be here.Also many probably HOLD Freebies which is smart on their part.
I would LOVE to have them CHASE this though to get back in. I am not hating on any of them as they were smart. I am a LONG and held since March selling not one share. Used to be proud but now feel stupid. In time this will make those who hung on alot of bank IMO. Also I am FAR from a basher but just keeping it real. I don't have any more money to bash it down to BUY cheaper shares. I will just HOLD what I have until we are back in the teens which will happen. Bank on it.