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Re: niczar post# 118274

Friday, 04/20/2007 1:39:46 PM

Friday, April 20, 2007 1:39:46 PM

Post# of 203990
My speculation, niczar, is that any major, sustained upward movement in the pps will begin in August, with the release of the 10Q for the second quarter of 2007. That 10Q should reflect increased production and revenue (the second and third dryers did not become operational until April, and will have no impact upon first quarter production/revenue).

In addition, by late summer, expedited progress on the new plant should be visible, and it should be clear that the promised ribbon cutting ceremony will indeed take place in the fourth quarter.

Hopefully, by late summer Xechem will also have made progress on a nationwide distribution system for Nigeria.

And, of course, the closer we are to the completion of construction, the more likely there will be an announcement of a substantial prepurchase agreement.

If all of the above ducks are indeed in order in the fourth quarter, IMO a pps of .10 by year's end is a real possiblity.

BDB
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