Replies to post #177029 on Xechem International Inc. (fka XKEM)

[rubco]

Imf1264, Consider that the Landlord was Dr. Pandey, Consider that Dr P was sucking this Company and us S/H dry, consider that Dr P may have taken money from our Company for his own Bussiness in India, making it look like we owned part of it. Consider that the last $7 Million Loan we got just about disapeared up in smoke in a very short time. Consider that all of this actions left this Company with no Money and lots of debts, consider that this actions got the Nigerian Gov very angry. Now consider that in Order to try and save this Company, Mr Swift IMO took the rigth desitions, Getting away from Brunswick and from Dr. P Cutting expences and concentrating on the completion of the new facility and Production of Nicosan, so that this Company can produce and sell Nicosan and have the revenues needed so this Company survive first, and then get with the bussiness of trying to get other medicines to market.

No Bussiness just go from the development face, to being a big Pharma in a short period of time, but one step at the time, having 10 Drugs in development at one time but not getting to any and having to close down for lack of money is not the answer. IMO Nicosan will be the First step to making XECHEM International a succesfull Company.

[TexasRambler]

imf, what you may find as things progress is that current management may not be as good as all thought 9 months ago. There seems to be ample evidence of this with no PRs for months (with flimsy excuses as to why , imo), apparently being blindsided by Pandey, etc. And the market seems to be confirming this with a stock price around 15% of what it was last summer when new managment came in.
Of course i may be jumping the gun a bit as some here have assured us that by the beginning of summer things will be rosey and the stock price will be 100's of times higher than it is now.
In a couple of months we will see.

JMo

Tex