I can't explain XKEM.OB...I'm just happy I own it!!

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    I can't explain XKEM.OB...I'm just happy I own it!!



    Bought in at the incredibly low price of $0.01/share...now where does it go??
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$
  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #2
    XKEM -- Xechem International, Inc.
    Com ($0.00001)(New)

    COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

    bellwetherreport.com: The Bellwether Report notices the Excitment surrounding Xechem International, Inc

    Jun 22, 2006 (M2 PRESSWIRE via COMTEX) -- Xechem International, Inc (OTCBB:XKEM), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.
    Xechem International, Inc a development stage biopharmaceutical company whose focus and resources are currently being primarily directed toward the development and commercial launch of NICOSAN, which has shown efficacy in the prophylaxis management of Sickle Cell Disease, during the beginning of this week the company's Nigerian subsidiary, Xechem Pharmaceuticals Nigeria Ltd, successfully closed on a N150 Million Naira ($1.2 million) loan from the Nigerian Export-Import Bank.

    The loan has a three year term, with a moratorium on repayment of principal during the first year. Xechem International is neither a borrower nor a guarantor under the loan facility in this transaction.

    The money received by Xechem Nigeria is to be used primarily to facilitate the expansion of its facility for the commercial scale production of NICOSAN(TM), its promising Sickle Cell drug.

    At the signing ceremony held at NEXIM's headquarters in Abuja, Nigeria, Dr. Ramesh Pandey, Chairman and CEO of both Xechem International and Xechem Nigeria, said, "The loan will enable the company to immediately begin construction of buildings needed to expand its commercial scale production facility in Abuja. It is a proud moment not only for Xechem Nigeria, but for the whole of Nigeria as well.

    By taking this giant step with us, NEXIM Bank has confirmed to the world the great confidence it has in this project. This will not only accelerate Xechem's efforts in bringing NICOSAN(TM) to the market, but will also help build international esteem for Nigeria and the changing investment climate in that country. We are extremely gratified that we can now embark on our much needed expansion, and are particularly excited that we can do so with locally generated funds from a respected and reputable local bank."

    The Chairman of NEXIM Bank, who is also Deputy Governor of Central Bank of Nigeria, Mr. Tunde Lemo, complimented Xechem for coming to Nigeria and setting up the facility to produce NICOSAN(TM) to treat an African disease for which there is no drug in the market.

    Speaking of the dignitaries in attendance at the signing ceremony, Dr. Pandey added: "I am very pleased and happy to see Professor A.B.C. Nwosu, the former Honorable Health Minister, at this ceremony. It was during his tenure that Xechem obtained the exclusive worldwide license for NICOSAN(TM) from the National Institute for Pharmaceutical Research and Development (NIPRD).

    I am also honored to see among those in attendance the Hon. Prof. Turner Isoun, Nigeria's Minister of Science and Technology.

    From the beginning, he has been extremely supportive of our efforts and we are forever grateful for the interest he has taken in what we are doing in Nigeria."

    Excitment has definalty picked up around Xechem International, Inc, as shares have jumped up over 25% on very strong volume. Analysts jump into this company as rumors about new developents begin to spread around the company. Currently trading at $0.039, this is a decent gain with no current developments to justify this trading. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

    Comment

    • mrmarket
      Administrator
      • Sep 2003
      • 5971

      #3
      of course all of this smells suspicious...but the money I am making on this stock is very real.
      =============================

      I am HUGE! Bring me your finest meats and cheeses.

      - $$$MR. MARKET$$$

      Comment

      • Websman
        Senior Member
        • Apr 2004
        • 5545

        #4
        Originally posted by mrmarket
        of course all of this smells suspicious...but the money I am making on this stock is very real.
        Don't forget to sell near the top...

        Comment

        • mrmarket
          Administrator
          • Sep 2003
          • 5971

          #5
          Originally posted by Websman
          Don't forget to sell near the top...

          Where the hell is it?? Where is Spikefader when I need him???
          =============================

          I am HUGE! Bring me your finest meats and cheeses.

          - $$$MR. MARKET$$$

          Comment

          • Rob
            Senior Member
            • Sep 2003
            • 3194

            #6
            I Ain't Spike ... But

            Originally posted by mrmarket
            Where the hell is it?? Where is Spikefader when I need him???
            I'm not Spike Vader, but this chart will give you and idea about the Fibonacci retracement numbers ... if you believe in the Fibonacci theories:

            —Rob

            Comment

            • Websman
              Senior Member
              • Apr 2004
              • 5545

              #7
              Originally posted by Rob
              I'm not Spike Vader, but this chart will give you and idea about the Fibonacci retracement numbers ... if you believe in the Fibonacci theories:


              Uh Rob... If this Fibanichi...Fibonacci crap is correct...This little doggie still has a long ways to go!

              Comment

              • Rob
                Senior Member
                • Sep 2003
                • 3194

                #8
                Originally posted by Websman
                Uh Rob... If this Fibanichi...Fibonacci crap is correct...This little doggie still has a long ways to go!
                Yes, it does, but in my experience, Murphy is more reliable than Fibonacci.
                —Rob

                Comment

                • Websman
                  Senior Member
                  • Apr 2004
                  • 5545

                  #9
                  Originally posted by Rob
                  Yes, it does, but in my experience, Murphy is more reliable than Fibonacci.
                  Where's Spike???

                  Comment

                  • billyjoe
                    Senior Member
                    • Nov 2003
                    • 9014

                    #10
                    Rob,
                    Are you talking about Murphy from "Murphy's Law" ? If so I agree he's very reliable.
                    -----------billyjoe

                    Comment

                    • Rob
                      Senior Member
                      • Sep 2003
                      • 3194

                      #11
                      Originally posted by billyjoe
                      Are you talking about Murphy from "Murphy's Law" ?
                      The same.

                      (superfluous extra text to satisfy minimum text requirement)
                      —Rob

                      Comment

                      • mrmarket
                        Administrator
                        • Sep 2003
                        • 5971

                        #12
                        another 21% increase in price today...wheeeeee!
                        =============================

                        I am HUGE! Bring me your finest meats and cheeses.

                        - $$$MR. MARKET$$$

                        Comment

                        • jiesen
                          Senior Member
                          • Sep 2003
                          • 5320

                          #13
                          looks like this one may graduate from penny status to dime status!

                          hooray!

                          Comment

                          • billyjoe
                            Senior Member
                            • Nov 2003
                            • 9014

                            #14
                            Jiesen,
                            Pure genius . I'll make my fortune selling the "dime stock dynamos" newsletter. Just a few minutes and I'll have my first killer list . What % of the $$ do you want for the idea ?
                            --------billyjoe

                            Comment

                            • jiesen
                              Senior Member
                              • Sep 2003
                              • 5320

                              #15
                              Originally posted by billyjoe
                              Jiesen,
                              Pure genius . I'll make my fortune selling the "dime stock dynamos" newsletter. Just a few minutes and I'll have my first killer list . What % of the $$ do you want for the idea ?
                              --------billyjoe
                              I believe 10% is standard. I'll take that, as long as I can be released from any liability associated with your plan.

                              Comment

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