Xechem International Inc. (fka XKEM)

[ransoft]

Duh jabber. For services, products, office supplies, electric bills EVERYTHING.

THEY HAVE 0 MONEY! Read the 10Q. They would rather do everything with shares than use cash! Their words!!!

"As of June 30, 2006, the
potentially dilutive securities totaled approximately 2.152 billion shares of
common stock, which exceeds the authorized number of common shares of 1.950
billion. A shareholders meeting is planned in October 2006 and approval will be
sought to increase the authorized number of common shares."


Their words and mine just days ago which you continually chastized me for is they they will be adding to the authorized or doing a reverse split.

Ok, they don't look like they are going to do a r/s. It looks like they may add another billion or more shares. Either way, in the short term, this will now go down. Yes, a prediction. Not bashing, stating facts for the most part!!! Longterm, we should all be ok if they get the plant going with the loan they are still trying to get.