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Interesting buying late in the day. I still say someone is accumulating here. The question is why?
I thought that their supposed merger partner was the one that brought most of the technology to the table for the plant? No?
So who is buying this stock? It's holding fairly firm with not bad volume. Something is going on here.
Hope you old shareholders have filed complaints with the SEC. The more the merrier. With Otto's involvement, your complaints might not fall on the usual deaf ears that often accompanies pinky complaints. There could be a little run here at some point if you're lucky, and putting a serious SEC scare into these remaining guys may get them to think twice about what has happened here. Good luck.
Have to wonder if this was all designed by Otto. It's got him written all over it.
He must own a majority of the company by? If so, he needs to start pushing his share weight around and finally get rid of these lowlifes!
Can't believe all you people are still here. Seems like the odds would be that someone would have died by now. How about ROB?
In the year, 2525....
Could be trying to pick up some nuclear secrets for the Taliban. Anything for a buck.
Hard to believe that one poster questioning Clay's posts chased him away. Hopefully he is just on vacation.
If you go away we might as well shutdown this board. Don't do Verges any favors. He sure wouldn't do any for you.
I'm certainly not going to try and discourage anyone from buying, but just like all penny stocks, IMO the abilities and intentions of management should be the deciding factor when considering whether or not to buy into a stock like this. For many of us who have been following this stock for years, there are certainly many MAJOR question marks in regard to the abilities and intentions of this management. Good luck.
Well for one thing, they haven't filed any financials in pretty close to a year. Along with that, they appeared to me to take the company to the pinks on purpose so that they could take it dark. Furthermore, they are planning a one for 20 reverse split VERY SOON which will take it down to around 15 million shares while still maintaining an authorized share number of THREE HUNDRED MILLION! Sounds like they want to keep the dilution train going forever around here. Kind of makes me wonder if they have any real revenues at all, because if they did, they would not need to take these actions. No company with supposedly "profitable revenues" would need to behave like this if they were on the up and up. Sorry for the bad news, but I could give quite a bit more if I wasn't about to hit the sack. Good night.
He's beginning to look more and more like a printing press operator. Reverse splitting down to 15 million shares and keeping the authorized at 300 million is a recipe for shareholder disaster. Ludicrous.
Maybe if you did you would not be in such dire straits.
Glad you finally got it. eom
LOL paycheck! Yeah right. You're a realistic xkem joker I guess. Maybe you need to learn how to spot a tongue in check comment. If you think I expect this stock to hit a dollar, then I also expect the sun to rise tomorrow in the West. Keep up your good work of pumper police. Won't bother me a bit.
How do I catch him? Even if he was willing to meet with shareholders, he claims to spend all of his time suffering for us by flying first class around the world. I'm usually only up in Dallas on certain Fridays through Sundays, but I would be more than happy to meet with him. Probably him and twenty seven body guards considering the enemies that he appears to be intent on making. Really seems like a strange guy with no foresight of the future whatsoever.
Hell, I'll call you Master or Lord Rubco for 5 cents a share, and Emperor, President, King or Chief Rubco for 2 cents a share!
LOL!! I guess that you have never read any of my posts paycheck. No biggy, but now you've made me into a pumper! 3.5 billion market capitalization. Go, go, go! LOL!!
Sure wouldn't hurt to try, but why would he voluntarily leave? I had a very nice paying consulting gig for a couple of years back in the 90's, where I pretty much got to hang around the house (or golf course) and wait for phone calls and emails. The job did get a little boring at times, but no way was I going to quit that job until I absolutely had to go. I'm sure Swift is rightfully having to deal with a lot of hatred and controversy, but I bet he's loving every minute of getting paid for hanging around Fort Collins, Colorado. I spend time in that area every year, and there are worse places to hang out no matter the season. Wonder if he would agree to see me when I'm up there next month? On second thought, probably wouldn't be a very good idea.
At a dollar a share in December, I guess that means that we will soon have to call him Mister Rubco.
So now, I wouldn't be surprised if he is continuing to dump up to the authorized level before the R/S goes into effect. Based on his behavior, I'm not so sure that this company has ever had a dime of legitimate revenue. How could anyone possibly believe a word that he says? Does anyone now still believe that he didn't take this thing pink on purpose? Did this guy formerly work for Enron or what? He doesn't appear to have any fear whatsoever of the consequences that his actions are likely to bring down upon him. Amazing. Glad I have a small position, and maybe I will soon have none.
Sounds good. It would be highly unusual behavior in the world of business, but it sure sounds good. Hope it happens.
IMF, from what has been posted here, I do very much appreciate your work as I have been a shareholder here for several years now, and what you all are doing seems to be the only ray of hope for many of us to recoup our investments. I do have to ask you though, what would be the motivation for the future powers that be to keep the current share structure? I'm sure that there would be some obvious changes to the 3.5 billion share count, but why would the new xkem want to keep the old shareholders around when they could simply be jettisoned? Just curious, and thanks in advance for any response either on the board or by PM. Got to head out for dinner now.
It was darn near 3.5 Billion when they filed. What's the difference at this point anyway? We know it's close to the authorized. The shares either survive in some form, or they are cancelled out IF and when they emerge from Chapter 11. Unfortunately, most people know what happens when a company like this emerges from Chapter 11. I hope they survive, but buyer certainly has to beware.
I have heard that he is in the process of being sued by SEVERAL angry shareholders. That is in addition to the lawsuits already filed against him and the company. Why anyone would want to live a life like that is beyond me. My guess is that he will do just about anything to avoid getting a real job. Sad for all shareholders as well as any family members who are not involved with his schemes.
Don't know for a fact, but I bet it's at the 3.5 Billion authorized. Why would ROB not squeeze out every penny?
Glad to see that some of you guys who praised ROB and Basu two years ago when they took over the company from Pandey, have finally come to the realization of what these guy are all about. Now maybe you can start the process of trying to figure out who else is working for and with ROB Swift and Company? At the very least, it might make the direction of things here seem a little more logical.
Maybe ROB is hosting the xkem company picnic today?
No I have not gone silent bas. I suspect I have owned this stock longer than you, and it did trade close to the lowest area that it could possibly trade (.0003) at the beginning of the week. YOU on the other hand, said it would fly on Monday. Did it (NO) and will it? We shall see, but I would not bet whatever farm you have left on it. I called everyone scammers? Please explain what you are talking about, as I called NO ONE a scammer other than the pump and dump crowd (and management)that clearly inundated this stock last week, and maybe a long or two (pumpers) who AGAIN claimed that WE will have a 3.5 BILLION market cap by December. Good luck PAL, and I hope your TRADING HERE goes well for you. Unlike you, we long time longs need more than just a little trading pump and dump action here to get our investments back. Happy trading!!
Preferably in his Nigerian cell block.
Rubco, exactly what in my posting was untrue and without base? That this stock will not be soon attaining a 3.5 BILLION market cap? That the company lacks revenues, assets, products or services? What specifically was without base? Also, since you say that you have no problem with negative links, what links would you have me provide you with? The bankruptcy filing? A multi-year xkem chart? Financials (LOL)? Creditor and litigant claims against the company? I know that the truth hurts but come on. You really should not have much trouble finding that kind of info. yourself. On the other hand, positive info. is literally impossible to find. If you have some, I would love to see it.
xkem is trading at .0003 and you are laughing and saying that it will soon trade at a dollar? Yes, that is very rational thinking. So you're saying that a company in Chapter 11 with virtually no assets or revenues, and no products or services, will soon attain a market cap of 3.5 BILLION? If it does, you can have my millions in profits and I'll eat my laptop on national TV. Nice dream, but it is much more likely that Bill Gates will knock on my front door and hand me 3.5 billion in cash than it is that this stock will reach a 3.5 billion market cap. Just not going to happen.
Not likely IMO. I expect it to hang around the .0001-.0004 area until some LEGITIMATE news is leaked. Otherwise, I think the only possible move north will be related to the usual manipulation that accompanies sub-penney stocks of this caliber. Why else would it "pick up steam" considering their obviously dire situation?
Not a bad idea. Go for it! The IRS will actually reward you for your work. His 1099 income could come back to haunt him. Everyone should do all that they can to make this guy pay his dues.
I don't know what pumping PR you could possibly be referring to from this company, but I do think this has the look of a classic P&D. Hopefully, there is something going on behind the scenes that justified the run, but I sure don't see anything visible. We shall see.
Appreciate the validation. eom
Yes, I thought that today would be the day that many .0001-.0002 buyers would be selling and taking their profits. Too bad I was right.
Could be right for now. Wouldn't be surprised if some of the ".0001'ers" exit tomorrow. Sorry I missed this ride up, and unfortunately I'm still a bit of a long-term bagholder. Anyone see xkem featured on any of the scam sites recently? I'd like to know the explanation for this. GLTA.