ransoft " This is one of the most dishonest things they have done. It was a con job.)"
Ransoft, you refer to the below 2003 history of Xkem as " It was a con job"
Seems to me they followed through on their statement. Look where we are today,. How can you make such a claim? Where is the scam??? Where is the "Con Job"??? Xechem chose a path in 2003 that they thought would be in the best interest of the company and the shareholders. It is now 2006, The Doors of Xechem are Still Open! The company is about to be Profitable! Where is the Con and Scam??? Perhaps it is you that is short sighted in Vision and lacks comprehension skills? It's very easy to Play Arm Chair CEO. Now, in 2006 they are going to make a profit, this is why we are here correct. I'll disregard your other juvenile comments, they deserve no response.
From XKEM 2003 Sec filing
"We cannot guarantee that if the reverse split is effected, we will be able to raise additional capital; however, we believe that if the reverse split is not effected, our ability to raise additional capital will be greatly reduced. As we have disclosed recently in press releases, we believe that we have an exciting opportunity to generate revenues from NICOSAN(TM), in connection with the treatment of Sickle Cell Disease (SCD). Accordingly, the Company will need dditional funding to take advantage of this opportunity and we believe that an increased trading price of our Common Stock may eighten our ability to obtain additional funding needed to finance this project." The market opportunity for NICOSAN(TM) in Nigeria at a five percent (5%) penetration could result in first year revenue estimates in excess of $20 million dollars. The Company is also in final preparation of its Pre-IND meeting with the FDA for HEMOXIN(TM) (the US clinical version of NICOSAN(TM)). For all the above reasons, we believe that the reverse split is in our best interests and the interests of our stockholders."
Ransoft, the below is your added editorial from the 2003 Sec fileing correct?
(Yeah, add 5 times the number of shares and then do a 3000 for 1 RS in less than a year. This is one of the most dishonest things they have done. It was a con job.)
AI
