Replies to post #43398 on Xechem International Inc. (fka XKEM)

[zenstinkfist]

But it will kill our SP right?

[DD-214]

Excellent point smartmoney, we can only imagine the Large Pharma's looking at Xechem about now!

[whiteshadow]

I'm looking for a positive in this and here it is. XKEM is aware of or at least feels that they are on the radar screens of various hedge funds who are interested in the company for Nicosan or HMF-5. By attempting to raise the A/S, XKEM is protecting themselves fom justs such an event.

[nordica1]

Yeah, this kind of thing is very useful to prevent a hostile takeover.

[stockdealer]

insiders own only 30%

[PatD100]

"Otherwise known as a poison pill' It can be used to ward of a hostile take over.