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we have the shares and remember .20 warrant
XKEM and Nigeria`s government signed the deal bet it
He didn't JUST mention XKEM, he gave away the whole deal. The way i read it, it's a DONE deal. Does it not read this way?
President Olusegun Obasanjo will by June launch NIPRISAN (HEMOXIN(TM)), the locally produced drug for sickle cell disorder.
PATIENCE OGBE Abuja
The president will also use the occasion to commission Xechem International Inc. factory in the country in a move seen as a landmark investment in Nigeria. The company owns the exclusive rights to NIPRISAN
of couse 8k is near TIME TO BUY
i want more cheap shares before hehehe
remember this: Obasanjo to launch locally produced sickle cell drug
President Olusegun Obasanjo will by June launch NIPRISAN (HEMOXIN(TM)), the locally produced drug for sickle cell disorder.
The president will also use the occasion to commission Xechem International Inc. factory in the country in a move seen as a landmark investment in Nigeria. The company owns the exclusive rights to NIPRISAN
The drug NIPRISAN (HEMOXIN(TM), which is at present, undergoing final stage of registration with NAFDAC is a phyto-pharmaceutical drug for the treatment of patients suffering from Sickle Cell Disease (SCD). SCD is an insidious and painful genetic blood disorder often resulting in death at an early age.
Science and Technology Minister, Turner Isoun who disclosed this in Abuja noted that location of the factory in Nigeria would further crash the price of sickle cell drugs in Nigeria.
Isoun stated that Niprisan (HEMOXIN(TM)) was a drug cocktail, with phyto-pharmaceutical composition of four traditional plants extracted in a proprietary process. The licensor of the technology is the National Institute for Pharmaceutical Research and Development (NIPRD) in Abuja, Nigeria.
Nigeria is said to have the highest sickle cell disease population in the world ranging from four to six million representing roughly three to five percent of the country's population.
Isoun spoke at the inaugural meeting of the Ministers’ Council for the National Biotechnology Development Agency (NABDA) where he also called on the government to involve more laboratories for the control and analysis of the bird flu menace.
On the situation of bio technology in Nigeria, he called on the stockholding agencies to ensure that Nigeria benefits from the judicious and safe use of modern biotechnology.
"Biotech is a gold mine and important to this nation. Almost every Nigerian is affected by the operations of biotech. To be able to achieve all these, we will require the concerted political will and a focused leadership drive. It is therefore the collective responsibility of all of us key stakeholders of modern biotechnology to join forces in realizing this vision.
It is my belief that this collective mission will not jeopardize our separate mandates but will promote the effective coordination of our effort towards achieving the same ultimate goal."
To achieve the nation’s targets in biotech, the Director General of the National Biotechnology Development Agency (NABDA), Bamidele Solomon called for the establishment of biotechnology development fund.
The fund, he stressed, could help the nation support competent researches and be ready to tackle problems like the bird flu.
He also disclosed that Nigeria in collaboration with Trinity Biotech of the Republic of Ireland will establish a facility at SHESTCO Abuja for the production of test kits for HIV/AIDS and other diseases like HB, malaria and so on.
He added that the Federal Government has approved the sum of $28 million as counterpart commitment for the project.
He also spoke of Nigeria’s collaboration with Shantha Biotechnics Limited of India for the establishment a facility for the production of Hepatitis B vaccine and other vaccines for related diseases like typhoid, polio, DTP and related ailments.
"Government approved the sum of N10 Million in the 2004 capital budget to support carrying out of a detailed feasibility study and fulfilling other MoU requirement."
XKEM and Nigeria`s government signed deal in my opinion
NEWS ANY TIME
news any time. Obasanjo confirm interest in XKEM`s factory we don`t need more yet. Company`s update coming and IMO Nigeria`s gov approved sickle cell drug
people holding strong By: structengr
13 Mar 2006, 08:35 PM EST
Msg. 13104 of 13104
(This msg. is a reply to 13089 by armyseal.)
Jump to msg. #
Army understand your point... i still disagree.. It doesnt matter where the news comes from... doesnt even have to be any news or a pr... a simple rumor.. but if a volume increases in the magnitude that this has there is usually a reason... all i am saying it is in the best interest of the company to either prove/dispel what may have caused it... if not, it sure looks like something fishy goign on.. insider trading (not saying case here of course) JMO.. but i have seen soem major pump and dumps.. and they always went off w/out a pr. They never trade like this and Hence why i think big news is ahead..
All i am saying is just too many days of enormous volume. And so much speculation in the air... Does the company not have an obligation to its shareholders to keep us in the know? Cmon.. this stock has never behaved in this manner.. at least from my research i did not go back more than a couple of yrs.. Somethings Up! I guess i agree with Jedi... i think a PR will be out soon. I am probably just jumping the gun but soemthing needs to be aired and the sooner the better. Dont they want the stock value to increase? Wouldnt now be the perfect time?
Just some thoughts.. your argument was certainly valid.. i just think we have a right to know and it shoudl coem from the company.
By: hardknock () | IP logged
3/13/2006 1:57:27 PM
XKEM For everyone on this board Know that I called it on XKEM Price target by April $0.15
Not Only that I talk to IR FIRM Stephen Burg He told me they had 2 huge buyout offers they turned it down call your self and ask.
They got something the big companys want and with a low o/s shares this will go to the moon.
Feels like PTSC Will be like PTSC And do like PTSC MARK THIS POST WATCH GET IN OR STAY ON THE SIDELINES
Hmmmmm! I wonder how much the buyout offers were for? If anyone speaks to Burg tomorrow ask him if he is willing to share the amount of the buyout offers. tia
By: hardknock () | IP logged
3/13/2006 1:57:27 PM
XKEM For everyone on this board Know that I called it on XKEM Price target by April $0.15
Not Only that I talk to IR FIRM Stephen Burg He told me they had 2 huge buyout offers they turned it down call your self and ask.
They got something the big companys want and with a low o/s shares this will go to the moon.
Feels like PTSC Will be like PTSC And do like PTSC MARK THIS POST WATCH GET IN OR STAY ON THE SIDELINES
Hmmmmm! I wonder how much the buyout offers were for? If anyone speaks to Burg tomorrow ask him if he is willing to share the amount of the buyout offers. tia
green and gap tomorrow
Posted by: doubleplay
In reply to: None Date:3/13/2006 1:31:34 PM
Post #of 1012
From StockSpot Rumor ALERT ( XKEM ) ALERT GET IN NOW THIS WILL BE THE LAST TIME YOU WILL BUY THIS CHEAP
XKEM Rumor going around that XKEM will get up to $ 46,000,000 funding
I think this might be true
XKEM looks good
By: natbea
13 Mar 2006, 01:44 PM EST
Msg. 12884 of 12885
Jump to msg. #
DR. PANDEY BACK TO NIGERIA
GET READY, MAYBE SOON S----IT HITS THE FAN
Posted by: doubleplay
In reply to: None Date:3/13/2006 1:31:34 PM
Post #of 1012
From StockSpot Rumor ALERT ( XKEM ) ALERT GET IN NOW THIS WILL BE THE LAST TIME YOU WILL BUY THIS CHEAP
XKEM Rumor going around that XKEM will get up to $ 46,000,000 funding
I think this might be true
interesting double you have a link?
in my radar..good luck to all
news tomorrow or tuesday
Posted by: whiteshadow
In reply to: whiteshadow who wrote msg# 963 Date:3/12/2006 4:24:31 PM
Post #of 971
E-mail address from RB
xechemnigeria @ yahoo . com
ramesh @ xechem . com
I'm a high schol history & economics teacher & need all the extra $ I can make so I choose my pennies carefully. In PTSC,ERHE, & XKEM. I've been lurking on this site & RB since I bought into xkem when I noticed that volume had picked up substantially. I've done as much DD on this stock as possible and for the nervous types can tell you this.
1)Xkem is legit - companies like Bristol-Meyers don't settle w/scam artists, USFDA & EU deal w/Xkem
2)Xkem took on the Univ. of TX - case was dismissed but judge went out of his way to note that Xkem was in right.
3)Pandy is a reputable man with a very solid history - also note speech he is giving on malaria on 3/21(any drug to move against this is the real $ maker. Sickle cell is nice, but malaria & HIV are the real killers in Africa). We should see a bump from this speech too. UN & Gates Foundation are heavily involved in Nigeria - don't know what relevance this is to XKEM though.
4)Nigeria is the heavy hitter in Africa, they now chair OPEC, but also the land of scams. Beware but have faith - see ERHE - Pres.Obasnjo seems to be a good man BUT seems to have his hand in all foreign investment. He also has made comments about amending Nigeria's constitution to allow him to stand a third term. If this happens - all bets are off. Nigeria is walking a fine line right now between success & strife
On the other hand - this company is not a 100% slam dunk, but for that matter nothing in the world of $ is. I hope it is another PTSC, but I think we're quite a ways off. Production is not supposed to begin until June in Nigeria. A lot can happen there in that period of time and then we need to wait for 1/4 reports.
Take the free shares when possible, sit back and enjoy whenever the stock takes a jump.
This is all MHO. Sorry for the length, just procrastinating about grading papers. GLTA
XKEM fast DD
better buy now news coming
last chance to buy cheap shares
http://www.amsterdamnews.org/News/article/article.asp?NewsID=65096&sID=20
http://www.businessdayonline.com/?c=44&a=4926
nice board nice picture
http://www.investorshub.com/boards/Board.asp?Board_ID=2819
nice board nice picture
http://www.investorshub.com/boards/Board.asp?Board_ID=2819
thanks aries small O/S in my opinion
SNIO??
your picks for next week guys please
O/S please
finally i found a board yessss