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FormerXBC Inc XEBEQ

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.


GREY:XEBEQ - Post by User

Comment by Mick67on Mar 12, 2021 3:52pm
267 Views
Post# 32787615

RE:RE:National Bank Credit Facility

RE:RE:National Bank Credit Facility Ferret,
Appreciate all your negativity, however I tend to look at both sides of the story unlike the spew your are throwing out there. I also like to know who's involved with the company and I don't think your financing comments or never profitable comments are correct.  First I think you should take a long hard look at the Board - a few interesting names that will want to ensure this gets the proper helm at the boat (COO) and future profitability coming to fruition. They have a reputation here as well.

Also, remember the losses came from one business segment that is accounting for much less of their revenue then just 6 months ago, since they did the acquisition of two profitable company's in HyGear and Inmatec. I believe this will get turned around and fairly promptly and that the Board will bring aboard an A-grade COO. This is an unfortunate growing pain - and no doubt the share price deserves to be hit today - although I think this is a opportunity.  A new COO with more stringent controls and sight line to profitability during 2021 should rebuild credibility and the share price. Im a buyer not a seller here and agree this becomes a possible acquisition target by the big boys loaded with cash. I'm not saying your wrong - but many of your facts are.
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