What stands out to me is that the group paid about 3x what they paid in the past and there are more shares outstanding today than before. In other words they are willing to cough up more money for a smaller piece of the pie. To me that says that they are now more confident than ever that Xechem is a viable company that has made great progress over the last couple of years. I think that the price will be soft for a little while, but overall I feel a lot more confident in my investment.
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