Number one being you are new here you don't know jack about this company's history, many of us here invested in a company that had a pretty clear vision. Since the hedge fund got involved that vision dissolved, so by you coming here asking questions and questioning our long term investment you are giving your opinion after the fact.
Under the previous management the company received a huge capitol investment loans from EXIM (9.3 mil) for the building and equipment necessary to begin producing on an production level that would have a positive effect on the stocks PPS. Since these hedge fund guys got their hooks into this company it became their investment and they did nothing to benefit the common shareholder.... swift made that very clear in his cc that he was only interested in his and his friends investment. (they were basically forced to have a CC because of a letter they received from a large group of investors.)
I've personally spoken to a few of the people involved with their group and they said that things were going well in Nigeria. Then swift files for BK and from what I'm understanding the company was actually selling a decent amount of product. None of that money ever hit Xechems books..sounds like there are questions to be answered by the people in charge if this is true.
This could become very interesting if it is!
I understand your trading pattern and what you do is your business but initially this was one of those company's that would have made history by being a relatively small start up R&D company that progressed into a huge success story.
WE DID OUR HOMEWORK YEARS AGO!
This could still be one of those company's but if it is, it's going to be an amazing story because these guys have done every thing they possible could to run it into the ground since they arrived.
I invested and made many trips to see the operations in New Brunswick along with meet everyone involved personally. I saw a once in a life time oppertunity that I invested in heavy and put much effort in to try and do something good for my family along with helping a somewhat neglected group of suffering people. Much time was spent researching along with countless hours to help promote the company in a positive fashion. During all this time I didn't spend as much time with my family because the potential this had to free us from the burden of debt was within sight. Well since then I buried my son, he was everything to me. All the time that was spent to get this off the ground was time I would have rather have spent with my family. These guys have no idea how many lives they affected by doing their thing.
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