Thank you lsd673. Given these remarks by Mr. Oniyide to the Nigerian press, it is difficult, at best, to understand why similar information cannot be disseminated in the US by Xechem International's management.
Mr. Oniyide's remarks to the media were made despite the pending litigation with Dr. Pandey, and notwitstanding the delinquent corporate reports. Certainly, one must assume that Mr. Oniyide's remarks were made with the prior knowledge and approval of the management of Xechem International.
The substantive information provided by Mr. Oniyide to the press demonstrate, to me, beyond any reasonable doubt that the pending litigation is not an excuse for management's failure to provide such important information to the shareholders and public on a timely basis.
To those of you who truly believe that the pending litigation prevents management from communicating with its shareholders, I have a wonderful bridge that I would like to sell to you.
(It's in Brooklyn.)
I base my opinions upon lsd's post -- which speaks for itself -- and over thirty years' experience in civil litigation.
BDB
