daddy- imo from what i am hearing- blech/chassman and all other affiliates ,ie- new millenium, wood river trust etc. are going to be taken out by a group of investors who have the same long term vison as the shareholders and the mgmt. so there will be virtually no selling pressure
2. credit facility in nigeria is done,which imo will be anounced shortly, however many investors think this is cash in the bank for xkem which it is not, it is solely for the purpose of the buildout in nigeria
3. 3 million dollar convertible is all but done for the purpose of taking care of alympic loan and giving company a little extra working capital
4. the investor who is doing the 3 mill convertible requested and has received approval that xkem will not draw down on the newly voted authorized shares which obviously means no dillution, i do beleive the company has a choice of paying back the convertible or converting it into stock at around 4 cents which i hope they do convert it because from what i have heard the convertible people have big ties to biotech institutions and it would be in there best interests to get them invovled
5. prepaid contract from minisrtry of health is very near and should be closed shortly after the new year.
big d, of course this is all imo but i hope it helps, thank you for being the unofficial ammbasador to the company and for your input
