Xechem International Inc. (fka XKEM)

[bigdaddyc25]

lefty,

I have posted a number of times in the past, that since the drug was approved, several non-dilutive financing options became available. UPS was one of them. NEXIM was also another. Many Nigerian banks are VERY interestd in funding the factory expansion. XKEM has taken the last month to review their options, and select the one that would best support shareholder value. They have been using the original $1.2M from NEXIM, to begin construction, and get this far. The new financing will be in place very soon, in order to complete the project.

JMO
BigD