FormerXBC Inc XEBEQ

RE:RE:RE:RE:RE:RE:RE:RE:Net Zero Today With RNG

[ferret_ca]

Too many to list but here's a couple , and all are jmho 

For a company this size I think they've taken on way more than they can chew. It will take a lot of capital to integrate all their takeovers  to set up  servicing of their products sold, which seem fairly spread out all over the map.

I think their working capital ratios will come in at close to 1:1 this q so will most likely need a fair sized capital injection, most likely an equity raise which would most likely be fugly. They will need to get to a critical mass where production and sales fully support their growth and I don't see them anywhere close to that anytime soon. There is a chance they could fail before they get there without a partner with deep pockets or being taken out.

There is just so much competition out there in rng, hydrogen, basically everything they do . Huge private equity funds, mega cap energy companies  ,cos like Brookfield  enbridge, most senior oil producers and so many more that have renewable r & d parts to them that have cash available for development that are multiples of xbc's market cap. I just don't think they are in  position to compete with these guys and will be only a niche player at best.

Mgmt has been bad and the new ones are somewhat unproven  especially with all the moving parts Kurt threw together.

New technology could easily come along at anytime that could displace theirs.

Sometimes the best ideas etc just don't succeed and I see this as highly possible in xbc's case. They will need the banks to play nice with them but the market smells blood in the streets. 

At this point in the market almost all monies going into equities will be buying quality on sale and it sure looks like that sale will be on for a while and only get better. Perfect time for those who haven't  to dump your garbage and upgrade your portfolios. I suspect a bit of that is going on with xbc recently. It is pure and simply just a risky speculation here

Cheers ferret