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The bleeding did stop. Looks like we should be heading back up. It will be nice to get back to even and beyond. Next week should be good if we get the news we're expecting.
We got some news this AM. More to come next week per Larry. Larry knows we're after TA for share info.
That would be icing on the cake Braden! Certainly would alleviate alot of people's fear that they will do an RS. Although a 4 to 1 with value added wouldn't necessarily be a bad thing either. Cash flow should not be a problem for XKEM. My only concern is the stability of Nigeria which is crucial for XKEM's success right now.
Interesting! Has fast track orphan drug status and lots of money with tie-in to J&J. I think XKEM's market in Nigeria and Africa is their stronghold for now and will be very lucrative on a volume basis. I think XKEM is part of a new revolution in the pharma industry which will see big pharma companies battle companies like XKEM that develop new drugs from natural sources as opposed to expensive laboratory developed chemicals.
BE sweet huh? Would have liked to have bought a couple mil of that last October around its low of .032. I don't think XKEM can climb as fast as that one with the float it's got. But over a longer period of time I think it could.
Must be getting closer to a pivot point one way or the other. Next week should tell the tale.
Larry knows what he needs to do to solve that problem. Hopefully, that will be done soon.
A fitting end to him/her/it. TY.
Seems like JV's are done except for review and signature. Financing arranged for projects already lined up. Like that part. And like you said, execs could be busy with the storm and not available. China seems to have already agreed to proceed and the tailings recovery there would probably be the quickest way to generate some revenue. The PR was straightforward and pulled no punches that I could see. Seems like we're on pace for alot of volume again. Need some share info.
So far MMs are behaving. Spreads a little much as usual but they're not taking the ASK down when hit.
Yeah, hope it's because they put it out fast and not because it's not good.
I've hear that complaint before about news not showing up right away on Alphatrade.
Holy chit! We just went from around 9M to over 11M in less than a minute?
And that is a bannable TOS. Matt should be notified.
Flea get Bendolan, Benolan banned this time.
Yeah, Jonesie was right. Let's go but some MGGV. I see it's doing well on its "big" news.LOL.
Yes, I did. Thanks.
It's not as crazy as you think. I've tried it both ways on sinking ships and it's a quicker bail than a market sell which can be left partially open long after the stock has tanked completely. Worked well for me recently on IPRE.
You can sell them market but not buy them at market.
Market sell?
Thanks WTL. If you talk to Larry, tell him what the pps is today. I'll look for the uptick. LOL.
TA reply on float & AS:
Authorized share count is unlimited.
Any other inquiries must be directed to Lawrence Skolnik.
Thank you.
No daytrader or long would sell at that price.
We need share structure breakdown for a clearer picture. Extra 60M could explain where the volume has been coming from and TA held up on figures yesterday because they were still selling. Only someone selling co. shares or shorting by MMs could explain the extra volume.
TA emailed me share count written on my acct. statement I sent him. 360,682,483 Common Shares issued. Replied to him requesting float figure. Here's the TA's email address & name.
queenfil2004@yahoo.ca
Please see attached.
Thank you,
Ronald Haller
Treasurer
Heritage Trust Company
So that's what Jonesie was referring to ya think?
Who is going to sell @ bid or buy @ ask with a spread like that?
Here is a link to the Bonanza Claims Map near Red Lake that show the two patented claims EQBM has there (KRL 11325, KRL 11442). Look in the lower left hand corner of the map and find Red Lake Towne then look up @1:00 O'clock just over the water and you will see them in a circular area just below Wolfden's Bonanza claim. BTW, they don't appear to be underwater.
http://www.wolfdenresources.com/i/pdf/Bonanza-Claims_24-10-05.pdf
Yeah! He's not IR and maybe doesn't know right off. Maybe wants to okay with co. first. We'll find out I guess.
TA info:
Fastcorp Management Ltd
4 King W
Toronto, ON M5H 1B6
(416) 364-9509
Spoke with Ron and faxed him my acct. info w/ signature requesting share info. Called him back to verify his receipt of my request which he did. Told me he'd have to get the file on EQBM and get back to me tomorrow. Told him to fax me the info tomorrow.
My gut impression is Ron was not being straight with me and was stalling. I'll post if I get the info tomorrow.
Does anyone have the # for the TA? TIA.
They will fill at the ASK.
Bashers now pumpers.Geesh, like the MMs aren't enough? LOL.
New to IHUB I see! What brings you here?
Looks like a respectable co. in the pharma industry. Maybe XKEM is interested in what they do? Thanks for the info!
Looks industrial and pretty big. Bad cameras shots. Does that guy do those laughable pirated first run movies too? Ya know the one's that are all fuzzy? LOL. Also basher, the email address on the website is "info@xechem.com".
I agree Fleabit. Seems like the board can handle it pretty well. He'll probably be making a Bendolan type exit soon. LOL.
I don't see why Lynch would leave the sweet deal he has or even be concerned with a little dilution that may have occurred to the tune of a few hundred million shares. He owns 30% of the company's 6B shares (1.8B) and even @.0024 that means he's already converted his $3M investment into more than 4.3M if he could sell Monday. Nice huh? Wonder what his shares will be worth a year from now?
With no news I think we keep trending up to .04 Monday while trading in the .029 range and up. With approval I think we'll hit a dime or better easily with no major pullback.
I think it can be a win-win on both the investment and humanitarian sides of this endeavor. The only thing that really concerns me is instability in Nigeria and the future intentions of the gov't towards XKEM. Maybe I misconstrued this article below but it sounded like perhaps Obasanjo really feels Nigeria should be reaping the financial reward for exploiting it's own resources and that XKEM would be useful in showing them how to do it. Maybe not a bad thing but something to think of down the road. Won't bother us Monday I'm sure. LOL.
Nigeria to develop traditional medicine
June 05 2006 at 06:18PM
Lagos - Nigerian President Olusegun Obasanjo wants to set up a research institute to develop traditional plant-based medicine in his country, according to a government statement received Monday.
"Olusegun Obasanjo has directed his Health and Education Ministers to work out workable blueprints for the establishment of a Traditional Herbal Institute in Nigeria," the statement said.
The institute would focus on research, "monitoring basic production... and the administration and dispensing of herbal medicine in Nigeria," it added.
More and more people are using traditional treatments in Africa, given "the acceptability and affordability of herbal medical products," Obasanjo said.
"Sixty percent of children with high fever in many African countries were treated at home with herbal medicines," the Nigerian president said, citing a World Health Organisation report.
But he added Nigeria played only a "negligible" role as far as developing such treatments was concerned.
"The global market of traditional, alternative and complementary medicines with its $60-billion (about R403-billion) annual sales (is) being dominated by China and India, the two Koreas and other Asian countries," Obasanjo said.
This project was therefore "a major move forward for Nigeria" and showed the governments readiness to change the status quo, he said.
No date has been set for the project but Obasanjo said it should be up and running as soon as possible. - Sapa-AFP