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Hopefully it's going our way, and wont drag on much longer
Just when we all thought Swift couldn't scoop any farther down, we are going to have to create a new category for him.
The scum of the earth
Morning, LMF any good news on the forfront
Hey Lmf any positive updates or are we dead in the water
And to think if they had any sence of running Xkem....or any company.... the money they could have made also
They should be working at AIG, drive the company into the ground and reward yourself with bonuses.
Didn't Swift work for major drug company, wonder if he was fired.
Hopefully Lmf will have some good new come out of all of this
I bet with the respect and Passion that Pandey has in Nigera if Lmf and the good doctor presented their plan to NIPRD they would consider giving back the license.........with new board of directors. They can be producing Nicosan in a month.
The bottom line though is that NIPRD has pulled the license, so power, production, employees, paper towels in the rest room, none of it matters. Xechem became a one product company and now that product is gone.
So we have nothing but a shell company, any chance we still have a chance of taking over the company and getting the license back....without Swift and his POS's of course
Or are we done
I would lean toward that it's true, acording to Ireti their still producing selling and Nigerians can still buy Nicosan. But they have no power and according to workers they aren't producing anything. Who do you belive Ireti or the scidev who said there were funds missing last year.
Funny acording to Ireti Oniyide they are still producing and selling, but when Lmf was there they had no power.
Like to hear from Lmf and hear his take on all of this,
AND SWIFT YOU ARE A POS
WOW another 3 months, you would think creditors would want this to move a little faster since they are loosing so much money, and even the Nigerian Gov with all the suffering.
Thought the creditors were looking at the proposal now....not much to consider they approve it and lets get on with business or reject it and get pennies on their investment.
Thanks for the reply, just hope this moves along faster.............it's almost summer,how time flys
So the way I'm reading your post is the Nigerian Gov want Nicosan to be produced in Nigera, so they will not accept bids that allows anyone that will produce Nicosan outside of Nigera, what does Basu have to do with it, if he is just a creditor..........is he planning on or did bid on the company.
Sorry if I misread your post
Lochute, I'm still trying to figure that on out also, seems Swift walked in got rid of Pandey then he walked away from Xkem also...but still got paid.
Maybe legal action should have taken place a long time ago. I recall not knowing who to believe Pandey or Swift, Maybe Pandey should have released a PR way back and informing the shareholders what was going on, and I bet he would have gotten all shareholders behind him.
We all know they never filed reports, reports are usually filed so the fee's are justified. Who will justify those fee's....the BODers..........who are the BODers.
Any judged will and should see what has being going on with this company and the one's that ran it into the ground.
I'm only afraid this will drag on to long, while people are suffering and dying.We all know this things take time but alot of people that are dying of this desease is something they don't have.
All I know the more lawsuits,justified or not will be more time consuming
Any time line on how long this is going to take......months..........years. People are suffering and dying
Shame shame to Swift and others who think of their own pockets instead of others in serious LIFE AND DEATH situations.
I hope Swift get a disease and the only drug to help him gets shut down.
Does this mean any contributions are to be made to you so they can help with legal costs.
I hope so, just responding to all the talk about a private board for those who contributed
I guess all shareholders that didn't contribute aren't going to get any updates.
Strange indeed
And I still have all mine that cost me about 60,000, but only have about 8 million
Amazing all for $550., a year or so ago they would have cost you $11,000
All mostly sells after 1:30...........who bought all those sells after 1:30????
Lets hope it's all positive from here on out,need to get rid of that Q at the end of the symbol for starters.
So tomorrow is the deadline for bids
Lmf, If there is nothing going on in XN not producing and no power I'm surprised there is any employees there at all.
And if there is employees there what good is it walking out.
Hope he didn't start the party without us
Were am I getting what
Tired of looking at the 2's, lets get to the 3's
Down 50% up 100% we have been trading at 1-2, but most of the big trades were at 2
Wonder if someone knows something and is loading the boat before the news, come on LMF bring the good news so we can all try and load some more
Your not the only one here, when we get news you will see this board more active...............my butt is getting sore from sitting here.
Last half hour yesterday of trading 2 trades over 4 million
How many are in front of their computers waiting for the update
That's something I don't understand XN is owned by Xken International........it is not a separate company
In the plan does this also include the restructuring of the shares, or is this just to take control of XN to start. The reason I am asking is this will affect the creditors stake in the company if the shares would go through a R/S.
PS: thanks for answering most of the questions
Well the creditor should see the proof that has been presented, and also see the potential that Xkem can offer them in the future.......alot more then what they would settle for.
Can you state how many creditors are on our side and how many are are not.
So basically tonight at 5pm we should see were we stand.