Xechem International Inc. (fka XKEM)

[bigdaddyc25]

GM all - yesterday sucked. I missed teh good days while I was in Vegas, and came back to that mess. I think the opportunity to get in at these levels is limited to another day or 2. I actualy took a closer look at the company's financials yesterday, and noticed that the cash burn rate was less than $1.3M for the last quarter. This is quite a bit lower than we had forecasted in our previous analysis. Note that the rest of the loss was due to non cash interest expense which has already diluted the share price due to conversion.

I think the addition of the 2 non-dilutive loans, and the return of volume following the slow summer months, will make September the month for XKEM shareholders to rememeber.

JMO
Good luck all.
later
BigD