FormerXBC Inc XEBEQ

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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

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FormerXBC Inc > Huge Over Reaction!!!!

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Comment by Motownwingon Mar 12, 2021 10:47am

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Post# 32784967

RE:Huge Over Reaction!!!!

Complete inability to manage fixed price contracts in a major issue considering their current business plan. Several publicly traded companies have had to commit to stop taking fixed price contracts due to their inability to properly execute. It is not that simple to fix both in terms of operation processes and financial controls. Great technology but management has their work cut out to make this profitable. The firing of the Operations VP was a massive red flag. AIMO GLTA

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