Xechem International Inc. (fka XKEM)

[lmf1264]

The banks were on our side, but were influenced by the Receiver. NIPRD has been on our side from day one. The first time I met Dr. Inyang, in early 2009, it was clear to me that he was very much on our side. When Prof. Gamaniel took over, I believe that became stronger because I had spent a lot of time with him and a few others at the Institute and it became very clear that our ideas for what should be done with the product (Niprisan) were very similar. Unfortunately, because of the budget shortage, NIPRD doesn't have the funds to fight the banks lawsuit (that's just my opinion, they might not want to fight it, but I believe they just can't), so they are going to "play ball" with them. I don't think the management team is happy about it, but again, that's just my opinion...

As for my level of patience, I don't have much choice in the matter!