Replies to post #72601 on Xechem International Inc. (fka XKEM)

[lsd673]

'light_the_way2001' you may be overlooking that the royalties are only on Exports, not domestic sales... thus my post below. Also the $65M is an average of the first two years.

Posted by: lsd673
In reply to: transam73wi who wrote msg# 72574 Date:12/14/2006 1:44:51 PM
Post #of 72601

If I remember right, that story came out in July this year, the N150M being about $1.2M. The $5M royalties translate to about $65M in EXPORT sales from Xechem, so expect that this is a long way off to be realized by the government since local demand will likely be met first, and that alone will take some five years to be realized following factory completion IMO

[Socal_MolBio]

Companies ALWAYS dictate conservative numbers to the "street" with hopes of over shooting the guidance. On top of that, Dr. Pandey has typically walked further down to the conservative end of the spectrum. I agree with you, sounds good.

Maybe the problem here with people, potentially, is that we all started off in this stock with an OTC frame of mind. With OTC stocks, we get accustomed to huge and rapid gains/ losses. We typically don't hold an OTC or pinksheet stock for very long and when there's no action we sell and move to the next play....quick and often.

However, XKEM has become more than an OTC stock and isn't behaving as such. Now with a product, facility being constructed, distribution for said product being established, etc. etc......it will take the standard time to develop and is obviously a 3-5 year play for big gains, possibly a 1-3 year play for moderate gains. Not your typical OTC schedule of development....and our OTC conditioned minds are frustrated. We wouldn't think this way when discussing Microsoft or GM or Cisco...we know their biz models take time to unfold. We now have to grant XKEM that same respect and award them our patience. Hard...no doubt.