Exactly and further more.......................
most small biopharmas have similarly high O/S, especially microcaps.....for example I do a lot of work with Wyeth Biopharma.....now granted they are not small anymore, but.....
WYE:NYSE
Shares Outstanding 1,346,699,000
% Owned by Institutions 82.6833
Note the institutional ownership......XeChem is destined for this type of profile.....IMO
Happy Hunting! Fox