Xenacare Holdings Inc.(fka XCHO)

[geodan]

Even quieter.

The PR did give us much more info on their plans, but there was no news of an actual transaction. The company has been so quiet for so long that by far the majority of the retail investors are gone, and have been for months. The # of shareholders was quite small in the last report. So the trading activity we have seen up to the report, which was surprisingly high compared to the known news, was likely from the core investors/insiders.

XCHO will have to create a new batch of investors to move up. So few are now watching and have been watching the stock for months it is not surprising in terms of lack of reaction.

Glad they did it though. It is the most specific thing they have said since Nov of 2010, outside of required Qs. And the only thing they have said in that 7 month period outside of Qs were hints of a real estate venture which in this PR actually had a plan defined in it for, so XCHO has been a desert news wise. When they are able to announce a deal that will be different. But this is a move in the right direction. And something they should have PRed for sure.