Xechem International Inc. (fka XKEM)

[AMA1]

Raven, wake up..yes they are only serving 25 SCD patients because they are intentionally withholding this drug from people to perpertuate their suffering and to cause death. It's a well orchestrated process that's being carried out systematically under the pretence of bankruptcy.

They have not made any attempt to increase capacity. How are they going to serve more people? As far as we know, work has not resumed on the construction of the plant and equipments are still unclaimed in customs. Their current capacity only serves 25 patients.

This is the first time I am witnessing a company refuse to meet the demand for a product--a drug for that matter.

Basu is the engineer of this whole thing. He has a controlling interest in the company. I have problems believing that someone with his educational background and experience would invest his clients' money in a company like XKEM and then sit back passively while the company files for bankruptcy instead of creating value. What is his motive? How does he intend to make money for his clients? Does he have covenants protecting his shares from bankruptcy so he can have a controlling interest in the re-organized entity? There must be a personal motivation behind this and I am afraid it doesn't include current shareholders.

We must continue to fight for our interest.