Xechem International Inc. (fka XKEM)

[MommaSaid]

Reading through the recent 8-K ...

" Xechem did not pay the amounts due Alembic on December 31, 2006. Xechem and Alembic have been in negotiations regarding an extension of the Maturity Date. Pursuant to a Letter Agreement, dated January 4, 2007, the parties agreed to extend the Maturity Date to January 31, 2007. The parties may extend the Maturity Date further, pending additional negotiations of an extension agreement and the successful completion of due diligence.

Hmmm... maybe the fun starts after Wednesday, as long as the last 2 M has been satisfied and the maturity date has not been extended.

Just a thought