Trade them and don't INVEST in penny stocks!!
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Well we can't blame the lack of interest on the spread, at least today. It is normal. We just need exposure.
Americano I sent in the form. This is B.S. Paul even told the IR Firm he is sick of NITE's games. Nothing he can really do about it himself. Allie and everyone I also talked with the IR firm this morning and should take 90 days for the acquisition. We talked about the new company and the recent PR and he said that WAS NOT the GOOD NEWS PR he had hoped. Conference call with SPOOZ and they said PR's soon including the ?? PR the Rep. from Equity Trends thought was coming out. glta. With the NEW Sec law shorts only have 5 days to cover!!!
Your opinion!! The construction has been accelerated and was said to take from 6 to 9 months. Where do you now get 9 plus months from?? Also watch for loan approval SOON!! The present facility can accomodate 100,000 sufferers and the waiting list is HUGE!! Do the math. 100K times $20 ave. equals TWO MILLION PER MONTH!!!
pre market Huge gap up and now the DIP!! What else is new??? Watch where we end up today.
Take your frog ass somewhere else idiot. You bring nothing to this board but constant bashing.
Hey Wing!! Acquisition is To Acquire!! hahahaha. I just am confused by this stock. Believe in Spooz so guess it's all good. Our time will come. Too much good stuff going on here with the Who's Who in our Management team and Tetrahex,Inc. has some heavy hitters also. Booooyaaaahhhh!!!!
Down again today. Who is dumping? Esp. at these low levels!! The news was GOOD and stock did nothing but go down. Damn NITE!!!
Hey pfrenz thought it's been hot in Northern Calif. lately?? Watch OUR baby because it's going to be HOTTER. Many will NOW chase if they want in.
I am not sure if they will be preferred shares, restricted or what? Tetrahex is a PRIVATE Co. so NO exchange of stock like PR said so I am confused. Seems like Tetrahex will be offered ALOT of SPZI shares. I am going to call in the morning for clarification unless anyone knows??
Also it's only a letter of intent so not a done deal. That maybe takes some time so maybe some investors on the sidelines UNTIL it actually happens. Anyway great news IMO!!
americano I thought much higher volume and at least crack the .02's!! To end up DOWN is nuts but the stock needs more exposure. Sure all the brokerages, trading houses and big boy traders know of SpoozToolz but they aren't the buyers I guess. If so then this stock would be much higher then a little over a penny. Still a great acquisition is coming. Don't know how long it will take but letter of intent is the start.
Someone in the member's only section of Pennypickers talked with Steve today and production is going full speed and has been for the last couple weeks. Construction has also started on the new Facility with Nexim Bank Money!! We all wonder about the 8.25 UPS loan and Steve stated has preliminary approval but final Signatures not in place. Since this is a conventional type loan then monthly payments have to be made to UPS so IMO that's WHY loan not taken out yet!! They are building up the supply and once initial distribution starts they have the revenue to pay it.
Also since construction is underway for the new Bld. and they will need to make monthly payments on the NEW loan then why NOT put it off. They appear to have verbal approval per Steve so it would be money in hand fast IMO!! Also they would have to be paying interest so until they have to have it or stop construction then IMO they know when they need the $8.25 million.
Good insight Allie.....eom
I agree! Just wonder how much stock it will cost Spooz?? Maybe that's why we are DOWN 15% today on GREAT NEWS!! I am very confused that there are not more buyers and why is anyone dumping at these levels?? I am hanging tough and will not GIVE away my shares at .014. glta
Hey Jabber I am doing great. Too hot to ride the bike. I am very shocked we are in the .02's now. Still holding all mine but learned a lesson. I know this will be 9 out of 11 RED days. Gotta change soon. Main thing is they are producing Nicosan fast as they can and sales and distribution should start real soon. I can't understand WHY UPS loan isn't a done deal with Approval and 2 banks backing it up. Any thoughts?? Try and stay Cool Bro. Keep this board in line also hahaha!!!!
penny many longs bought in at around .01 so are dumping some of their shares to move to other movers right now since XKEM isn't in any rush to put out any PRs IMO!!
Great news IMO!! Hoped for more buying interest but shows this company keeps getting stronger. Our day will come!!!
Right on Wing!! I do at times get upset with the penny market but it is what it is. Gltu bro.
Dart your chart skills are great so thanx. This is unreal that this stock has been RED 8 out of 10 days I think. Every day gets worse. Very manipulated but what's new?? Steve says no PR's in the near future so we can only hope for the loan PR next. Don't know WHY UPS wouldn't approve it but this stock has given me an Ulcer. gltu
Not freaking JLT but tired of the AX Nite but until we get buying pressure it is what it is. I am still hanging in there though.
Hey Beatle dude it would be very stupid!! He would be selling for a LARGE loss to put what's left in FHAL when that scam can tank any day. You are the stupid one.
I know many made big bank on this stock. I also know many lied about their being LONG and some even made things up. They BRAG about making money on the RB board also about how the company made them so much money. Truth is company didn't they just took money from investors who believe in the company. Not cool to brag about lying and deceiving newbie investors because you didn't share money from the revenues of a profitable company but just got YOUR money from investors buying in at a much higher PPS!!! for those I will say HOLD on to your Shares. This will turn around. I know I sound like a pumper but am not. Nicosan is REAL and nothing can change that. Hang in there!!!!
This is the way of Penny stocks. Don't believe alot of what you hear on these Chat boards and do your OWN DD. This will come back, BANK ON IT!!!!!
I agree Jabber it wouldn't be anyone BUT the longs dumping as they are the only ones holding in the .01 to .02 level. I could still kick myself for not flipping anything or selling for some profit but it is what it is. I damn sure won't sell ONE share at this PPS. I am sure that since Steve made it clear not much PR happening for a while that many dumped to jump in some other hot stocks feeling there is plenty of time to get back in here at low levels. I am now LONGER then I thought lol. I will wait this out and have no doubts we will see the teens and higher the second run-up. So hot yesterday on the bike almost passed out. 111 degrees in Fairfield OUCH!!
Yep Braden that's why I don't care about MMM or panic selling from stupid investors. Stop loss GTC orders being taken out. I am tapped out or damn sure would buy at this price. Remember MMM can't be real effective without dumb sellers. I believe many are dumping to move to the HOT MOMO stocks right now knowing probably no PR this week. Result is we sit in the low .03's. Don't mind holding strong because ANY company that has a product that can NOT keep up with DEMAND will show big time Revenues period. Those of us smart enough to know that will be rewarded big time.
My bad!! dspetry you were just replying to another person's post. He seemed concerned about the U.S. and driving up the price but that is NOT Nicosan's market. Nicosan will NOT be exported anywhere for a while keeping it real. The market IS Nigeria. In fact the largest market. The President of Nigeria is NOT going to turn on his people as many are unable to afford the $22 average price per month. Fact is that many CAN afford it, Government will PAY for Nicosan for any Government afflicted workers. Also WHO(World Health Organization) along with many other Charity groups will give donations!!
Dspetry how can they endorse Nicosan yet??? NAFDAC approval is for stage 3 for 2 years. Not even Full NAFDAC approval YET!! Also U.S. won't acknowledge it as it has only Orphan Drug Status right now. Also Xechem is working on providing Nicosan to the 100K sufferers right now which is taking everything they have. We have a HUGE market in Nigeria so it is what it is for now. The loan is what we need not more exposure as if there was then NO WAY could XKEM provide Nicosan for everyone. They have to RAMP UP production to even come close to Nigeria alone. Remember Nigeria is first and foremost. Read all the info. Dr. Pandey has provided about where his market is....NIGERIA!!!!!
Many posters on all the boards keep saying WHY no U.S. exposure or why not more advertizing?? For one thing Xechem is cash strapped right now and ALL money is toward production of Nicosan. Also IF they advertized then HOW could they Supply the sufferers with Nicosan??? Right now they are producing all they can to start distribution to a percentage of the selected 100K SCD sufferers. Once ALL 100K afflicted are on Nicosan then ramp up production for all the other Nigerians they can treat. Remember Nigeria will be taken care of FIRST and FOREMOST. Forget exporting for now as that's a long way off. Keep it real everyone. The market in Nigeria alone is huge. Everyone with patience WILL be rewarded and not my opinion but FACT!!!!
KEY TO SUCCESS is When DEMAND exceeds SUPPLY!!...eom
This is WHY I am confused IF MM's know good news coming then WHY not buy at .0115? Spread is nuts. Bid at .011 and Ask at .0175!! Huh?????
Large Volume and all SELLS!!! Hope we stay above a penny. OUCH
Hope ALL remaining longs (what's left of us that is) HOLD!! Any time a company can NOT keep up with DEMAND it will be a huge success.
Someone just dumpted 100K shares at .0115!! I don't get it. I think I will stay off the computer for a while. This is painful.
DEMAND far greater then SUPPLY!!! And will be for a LONG TIME!! Can't think of many companies that can say that???
Hey BigD?????"I did not flip this stock. I sold a very small portion of my position way too late, to pay off some debt and deversify a little bit."
Then WHY if your above statement is TRUE are you saying on the other stock board that you MADE A FORTUNE ON XKEM and still hold a large position???? I will NOT post anything more as I wish you luck as we all have our own trading styles. I just would like you to explain your above statement. Doesn't sound like a FORTUNE TO ME!!!! TIA
Thing to remember is that it may take quite a while before they EXPORT Nicosan. Right now ONLY unrestricted sales allowed in Nigeria for 2 years as they are still in Stage 3. Nicosan doesn't have full NAFDAQ approval yet. The exporting can't just mean to other African Countries but elsewhere. Many other African countries are not as well off as Nigeria. Anyone want to give their feedback??? Grey area for me. One thing is clear and that's Nigeria will be taken care of first and foremost. The new bld. and equipment needed to RAMP UP production will take approx. 6 months to complete. Seems Xechem will have their hands full for quite a while just servicing Nigeria.
I agree with you barry. It's on stock boards and maybe picked up by stock picking sites would be about all the exposure it will get. I get frustrated also about lack of PR's but now that I have thought about it Xechem is swamped right now. Working on all cylinders so all their attention is getting Nicosan out. Remember that this company is WANTING Revenues MORE then we are after years of little to none. I know they have an obligation to the share HOLDERS!!! but we are NOT their top priority. Day traders, flippers do NOTHING for the well being of ANY company as they just EXCHANGE money is all. Nothing go's INTO the company. They buy X shares at X price and dump X shares at Higher X price and so on and so on!!! Sure day traders and flippers want NEWS or anticipation the most because it creates Volume and then MOMO!! Xechem is one of the ONLY companies esp. in pennystockland that has MORE buyers WAITING then they have Product. DEMAND far exceeds SUPPLY and will be that way for a while. Steve also said the waiting LIST is getting LARGE!!!!!
barrybeli the latest African Article is from July 16th!! You might not care about Nigerian Gov. cut but the projection of $150million per year is figured at 7.5% Royalty Fee so it would mean huge revenues for Xechem. This will all take time. It will take some time just to ramp up production of 100,000 pills per day to treat the selected sufferers. The loan is the ONLY PR coming hopefully I care about right now.
penny I agree. There is no PR imo more important than the $8.25 non dilutive loan. Right now the ONLY problem Xechem has is the waiting list is growing daily!! The loan will assure the company of construction of a new bld. so RAMP UP of production can start. That means only one thing...MORE REVENUES plain and simple. I know many want immediate HUGE revenues or projections of them but bottom line IS the revenues themselves and NOT projections. For anyone in a position to hold or buy at these low levels, you WILL be rewarded in time. DEMAND outways SUPPLY and that equals success no matter what anyone says period. glta
Hello JLT. I also believe in SPOOZ but at times get frustrated because for months now nothing causing low volume and MMM!! As Allie pointed out Paul is aware of the MM games and stated to me there is a sense of Urgency with his stock. I agree so good things will happen and like many of you stated, be patient. Hard sometimes for me I guess. glta
pensandoenti67 don't know HOW you know that?? I just talked with Steve. Maybe you had a little birdy tell you. Hope you are right. Next news WILL be about the loan approval as Steve told me and many callers no projections or other revenue issues for now. gltu