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Re: Gastrodamas post# 80585

Wednesday, 01/10/2007 7:50:15 AM

Wednesday, January 10, 2007 7:50:15 AM

Post# of 203990
GM all....FOOD FOR THOUGHT:

I have been racking my brain trying to figure out the reason for holding back on financing news and have come up with the only reasonable solution:

XKEM must be holding back PR'ing on obtained financing to provide them leverage for pre-purchase negotiations with Nigeria's Govt. If these negoiations are in fact ongoing right now as seems to be the case based on company PR's, etc., holding back on this infromation would provide incredible leverage with respect to the amount of $$ of any pre-puchase as well as expedite the process.

This scenario would also provide back-up ofr any SEC issue related to not releasing the information in a timely manner as dots could be connected...also suppporting management in their poential late filing of material infomration would be the fact that this information is ONLY GOOD NEWS AND NOT A MATERIALLY ADVERSE EVENT...which would require immediate, timely filings. I am not an attorney, but am pretty well versedd in the filing requirements of public comapnies as i am a CPA in public practice.

The company could easily make an argument that the bank loans as well the Pre-Purchase is somehow a combination deal and releasing info on 1 aspect of the financing before all others is in place would/could jeopardize the yet to be completed protion.

IT MAKES PERFECT SENCE TO ME!!!! It is actually the only thing that makes sence to me!

Hit the ask early and often!

TRAZ

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