Xechem International Inc. (fka XKEM)

[stevo1981]

On May 31st, volume was under 50 million shares and the PPS was dipping below .01. On June 1st, Xechem recieved a $1.2 Million loan from Nexim bank. Three days later, we had a new PPS base at .03, an increase of 200%. Off this news we had 8 trading days of volume over 100 million shares. Three weeks later, on June 22, the PPS started climbing from this base in anticipation of NAFDAC drug approval. On July 5th Xechem Nigeria receives NAFDAC approval for Nicosan and hits a yearly high of over eleven cents. Five trading days later, we are back in the .03's.

With $10,000,000 - $15,000,000 worth of loans coming up, do you think we'll see another 200+% climb? This time with Chassman out of the picture do you think we'll be able to hold the new higher PPS base in anticipation of factory completion and revenues?

I think things will be looking much brighter here in early January! ;)