Replies to post #196499 on Xechem International Inc. (fka XKEM)

[Diamond_Dog]

A company usually retains D&O Insurance to protect the corporation from
specific liabilities.

Below are a few lines from one of the last filings the company that
we invested in!

From 4/16/07

"directors and officers insurance decreased $11,000 from $113,000 for the
year ended December 31, 2005 to $102,000 for the year ended December 31, 2006;"


They also had a $2,000,000 key man life insurance policy on Dr. Pandey, I
wonder if they still maintain that policy?



"We currently have in place a $2,000,000 key man life policy on Dr. Pandey."

http://www.sec.gov/Archives/edgar/data/919611/000114420407018942/v071423_10ksb.htm