Hey....new here to this board.
XKEM...is a problem for me, even though I own it and have done as much DD as I think is available out there. Questioned the stability of the Negerian Govt. at this point...the political situation there etc. etc. Seems sound.
So...on to the actual question about the company. Talented team. Old school. Well educated. Substancial business expertise even though abroad. Scanty financing.....but seems adequate for the situation. ( bringing the product to market).
The product for the stabalization of Sickle Cell anemia. Great idea, great idea. The question that, as a business venture, how much of this product is going to be sold? No privy to the "sales forcast"....if there are any. If the Nigerian population is in serious need of this drug, and it works, EXCELLENT! But how many that need it can actually pay for it?
I know that they are looking for eventual distribution in the States and beyond, so perhaps the world-wide market is what I should be looking at.....
I am totally convinced that this stock will fly. For how long and how high is the question. Regardless I will be there buying again on Monday, and Wednesday too. Good Luck to all. This is probably it.....sink or swim........
Any feedback to the points expressed above are certainly welcomed.
Invest in yourself first and the rest will follow. The universe is ultimate hedge fund.