makingaliving- the reason why the pps is where it is is very simple, sweetheart deals were given to the main capital source(blech and company) by a pos cfo who was on the take getting kickbacks and assuring pandey(who really is not a finance guy, and who trusted the advice of his cfo) and he was given stock at a tremendous discount 1/4 , 1/2 of a penny so when the stock hit 11 he sold it down to 2 and even at these prices he can sell and make 150% on his money, many people say if this is such a gem why doesnt he hold and his position would be worth a ton when xkem is in full motion, the answer in my opinion is there are financing sources who are more than happy to make 150-800% short term on there money and go on to another deal and grease the person in charge of finding capital(in biotehs especially this role is always the cfo because the ceo and chairman have mostly biotech backgrounds) and cash out for a ice profit while hurting the compaany and going on from deal to deal doing this process over and over again, these people usually set up dummy shell companies like blech so it doesnt look like in the filings that they are doing all the dumping( i will list all of chassman, blechs dummy shell companies that were involved in xkem and dumped, my advice to you is to go to secinfo.com or edgar.com and put these companies and or individuals in a search and you will see the patern. But it all starts with them getting in bed with the person in charge of finding the financing(becker) and giving them a nice incentive to give these toxic assholes the financing, no matter how bad it is for the company and its shareholders, a lot of these companies dont survive because the are in so deep with these greedy toxic scumbags, however xkem nipped the problem in the bud by getting rid of becker because pandey and the others who have the best interests of the company found out what becker was up to, and they were in my opinion to nice in the fact that they let him resign instead of firing him and exposing him for what he is, (personally i would have no mercy on the scumbag, but thats just me) oh , by the way i approached becker many times with far better options than blech offered because i beleive in this company and the product but was blown off by him because he was on the take the whole time, this is not my opinion it is aproven fact. the new ceo of nigeria who is known to his peers as melvin was key in opening up pandey and his companies eyes about this, i will give the board a few contacts at millbank tweed, beckers fomer very brief employer and give a call to them and ask them there opinion on him and the damage he caused them in his brief stint there, but be aasured blech has no inside edge and will any day be fully taken out and his holdings will be put in friendly hands, also from an outsiders standpoint who do not kow the full extent of what took place it looked like another otcbb pup and dump going from .11 to .02 on good news, but i can assure u it was not, in addition no matter how good the company looked and how high in demand the drug was no heay hitters were going to go near it because they knew blech WAS pulling the strings and he was entrenched with millions and millions of 144 stock becoming free trading every month theae astute investors knew he would be dumping into every piece of good news and they knew he and becker were in bed, matter of fact becker is currently working with blech to find more oppurtunities to make a fast buck and try to conive there way into companies and do equity financings at huge discounts and go on and on and on, my source tells me blech and co. made a cool 17 million in profit fromxkem alone
