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TheRaveninexile

01/02/08 10:44 AM

#172438 RE: drifterfcrc #172435

Just because something is not selling today does not mean that they will not be selling it in the near future.

As I recall there's a factory being built in Nigeria somewhere.
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TheRaveninexile

01/02/08 11:05 AM

#172442 RE: drifterfcrc #172435

That still doesn't answer the question as to why someone who you would think stands to lose so much by revealing the weakness of the company that they are so heavily invested in would be telling the common investors everything he knows.
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Diamond_Dog

01/02/08 11:48 AM

#172458 RE: drifterfcrc #172435

Drift first off the company has been struggling to stay in business for a long time, that's common knowledge to anyone that took the time to do any research on Xechem, many poor business decisions. Second any company trying to come to market with a new drug would be in the same boat, and by being in Nigeria which has a well earned international reputation for scamming people it simply adds to the companies troubles doesn't it.

As far as the amount of product being sold, well I have no idea. And if I'm correct it was you that was claiming the company would be selling close to $500K + in one of the quarters around 9 months ago, so many thought that you truly knew what was going on then.
Actually no one here really knows even you, the company needs to state it's production / sales levels and until they do we will have these type of discussions every freakin day, enough is enough already.
We have been blocked out for a long time and personally it is truly a shame that this company refuses to share basic information with it's shareholders.
The only thing that I do know is that the Basu group are the one's responsible for putting both Dr. Swift and Dr. Biggs in their BOD positions thus gaining control of any and all info coning from the company. Then their lack of any shareholder communication sure didn't do us any good now did it.

That is simply a fact, and that is my Honest Opinion
Oh and I do agree,
"Many have been duped by some posters on this board"
Even me!