winwarz- i respect your opinion but can assure you pandey had many options, myself and my group being one of them ,as well as many others, one of them i can name that put a better proposal in front of xkem without pandeys knowledge was Bullbear Capital who beleive me have done many friendly rounds of financings with companies and have also brought in the right people and made a lot of money doing so, some of the deals they were major parts of ALMI, they started funding them at .06 when the company was trading via rolodex took the stock to the 2.50 ish, ANX , they started funding them at .20 when they were on the pinks and are still heavily involved, they were instrumental in bringing in Carl Icahn as the leading shareholder about a year ago, the stock went to 5.20 ish and is currently on the AMEX trading at around 3.00 ,(i am heavily invested in this and keep it on your radar because they have a tremedous pieline with the lead drug being cofactor a colorectall cancer drug, in addition ican just put alex denner on the board of ANX , he is also the gentleman who is in charge of finding a new ceo for Imclone, and imo all signs point to a takeover by IMCL to bolster there pipeline, other companies include HIET which they were involved at .05 and took it to 3.50 ish, this company however had a ton of internal crap going on and they are in the works ofressurecting that company, i can name many others that expressed heavy interest in funding xkem , but thats really not the point, the point is your dead wrong with your statement , i can assure you of that