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joe- 25 mill max shres sold per month
i was thinking formerly joe was suddenly satan, same posting style, same bs gripes and subtle bashing qualities, i think formerly is suddenly
joe, last time, when the deal was inked the pps was at .023, that is approx a 20 percent discount to the conversion price of .0175, very very modest for that kind of cash, a very fair deal to the company and its shareholders especially considering all the provisions that we got a well, chassman lock up , new board member, shehkar basus expertise and connections, it wasnt a "bone to friends" like u said
formerly joe- its not 5-15 percent in the otcbb world, find me a bulletin board company that did a pipe with those discounts, i bet you cant.
alarge shareholder who did many rounds of financings with xkem
yes it is jam, but that represents about 40 percent of what they were normally selling a month, plus with an influx of new buyers coming in with each piece of news that can be absorbed with limited damage control
formerly joe-you have no idea what your talking about
traz- agreed
whats up bigd, we will be back in the green today, just a few mm's trying to feed off the fear of some naive shareholders and try to steal some shares on the cheap, they werent allowing any buyers to get any meaningful amount of shares, that will change today
i forgot #6 basu and group also negotiated a partial cap for chassmans shares to be sold on a monthly basis, which is huge imo
formerly joe- most pipes are NOT an average of 20% discount you are wrong joe, its higher than that
typo , in #2 i said he had a large chunk that he "owned", i meant "owns"
about the 8k
1. shares will not come free for 150 days atleast ,by that time we should be at a few multiples of where we are now
2.shehkar basu, the man who orchestrated the deal is one of the top and most respected small cap biotech analysts, in addition he has a fund which has owned a large chunk of xkem for a while through his company basu capital with an average pps of about .03 and he is adding to this fund every day, in addition one of the things he fought hardly for was to have the ability to put on a new board member ( not typically something a toxic financier who planned to blow out his shares as soon as they come free would do)
3. Basu is personally very pationate about xkem and has great relationships woth top officials in india and africa
4. he only brought in a few investors who had the same vision and passion for xkem
5.when the investor deal was signed and sealed the pps was about .022-.023, a very modest discount for that amount of an investment, who do you think did the majority of the buying to bring it up to the mid 3 level?
whats up fox- i'm pretty sure we should go green today, a lot of new money getting into xkem today and tommorow, in addition chassman is pretty close to being at her monthly cap for selling shares, i predict a steady climb back to the mid 3's and then some ups loan news and a nice spike from that
purell, i can guarantee xkem will not be pulled down to .02, i'm also 90-95 percent that today we se green
Larry, how is the company not being truthful to the stockholders? why dont you sell cut your losses move on to another stock?
imo we see a nice green day tommorow, i for one was not able to buy any meaningful number of shares today, the mm's werent selling this low, they were buying today and will release them tommorow at higher prices, i'm a buyer tommorow
sorry for my distateful post
correct hinch
ratt- i have been trying to buy most of the day, but they wont fill anything of substance down here
hinch does she have a sister, lol just kidding i'm spoken for
hinch- you were in new york and you didnt call me, i live 10 blocks from the bull, i usually go see him after midnight and bring a case of buds and get em drunk and he tells me some good stockplays
im trying to , she's a cutie, kudos hinchy jajaja
love it hinch
ladies and gents here is the master
http://www.investorshub.com/boards/photos.asp?page=73
xyz- enlighten me on your version of capital structuring and your opinion of the capital structure of xkem, i need a good laugh
light you are correct about the conversion dates
drift from what i have heard the ups loan is done , ups and ex-im have to approve the pr before it is issued , should happen in a day or 2
fiat- if people want to flip let em flip, what puzzles me is formerly joes clueless posting
agreed drift
yes light yes my friend
buyers coming in shortly, its all good in xkem land, sorry to the weak hands who sold
i have a .025 buy order in, not showing up hmmm
mm's trying to create panic selling, not to much going on
time to go back up
joe my nose is fine, its my eyes that i'm wondering about because i'm looking for the ignore button so i dont have to read your posts anymore and i cant find it
i smell a rally today
fmmers -beleive me this aint going anywhere near sub 2's, the investment group will protect there investment
mm's trying to wiggle som cheap shares, imo this will go right back up when they realize not many are selling and big buyers will be coming real soon
xyz- from your last post about xkem nigeria you really need to freshen up your due dilligence, trust me