Xechem International Inc. (fka XKEM)

[AMA1]

Dr. Pandey was at the helm when the theft occured. He's responsible for letting this whole situation get out of hand and for handing XKEM over to Basu and Swift. It is mind boggling to witness how this company unravelled so fast after the infusion of capital. $3.5 million from the Nigerian Government, $7 million in private funds and millions from banks disappeared within a few months only a year ago with equipments sitting in the docks unclaimed. It costs very little to build a factory in Nigeria. All the money that came into the company could have completed the project by now and sales should have increased geometrically instead, these crooks are thinking of a way out of their obligations to shareholders and creditors through bankruptcy. I am amazed.

Those involved should be prosecuted, jailed and removed from the society. I am prepared to accept my foolishness in investing all my funds into a drug that I thought would bring relief to millions of sufferers and into Pandey's tireless efforts in bringing Nicosan to market. Who would have thought that Pandey could actually operate on a shoestring buget but failed misrably when millions of funds became available to him? I put the blame squarely at Pandey's feet.