Friday, November 28, 2008

Xechem Filed Bankruptcy

To everyone that sent me emails about Xechem going bankrupt...thanks--I got the memo! Xechem is the company that produces Nicosan in Nigeria and they filed for bankruptcy last week.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33732325

However, multiple sources tell me that they haven't stopped production of Nicosan yet and have no plans to do so. In addition, they still have a huge stockpile of unsold Nicosan in the warehouse. However with the economy...this could change very quickly.

So what can we do besides totally freaking out and stockpiling hoards of Nicosan?

I've been approached to write another series of letters to Xechem from the User perspective to and since now we have a bunch of users on this forum...I figure the more the merrier. If you would like to add your thoughts/comments to the petition, please email me (vixentales at gmail).

Thanks!

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