FormerXBC Inc XEBEQ

RE:RE:RE:Canadian Markets are closed Monday

[Gann999]

I am not really following your logic as usual ferret_ca. I haven't seen any major contracts being signed by Anaergia either guess they are done as well, hope Japan's largest biogas facility won't be too costly for them to build. You know with all the same rising costs and supply chain issues you cite. Xebec is building the equipment to capture the carbon not sure why you keep going on about the pipeline not being built yet as I am sure they realize it's not gonna get approved and built overnight. While they work on that am sure they have other temporary means for storage until they can utilize the pipeline. The units will need to be done before the pipeline in my opinion. Imagine building an expensive oil pipeline then when it's done having no oil to send through it, same situation here. They already stated the timing of these units to be finished by so they got the order and are building them end of story. Not your made up nonsense about the pipeline not built yet so the whole order is gonna get delayed or canceled or whatever you are trying to suggest in a roundabout way. I'm not even worried if they do a raise down here because we are undervalued and have all the same potential as Anaergia plus some. I don't expect q2 to be great and am fine with it but it will be better than q1 as in not as many losses better margins and higher revenue. Eventually the market will come around to what xebec is doing.

ferret_ca wrote: I think you're wrong on this one gann,  maybe revenue is a bit higher but that'll be it imho, those rising costs and supply chain issues will most likely be worse than the 1st q. imho.  I didn't see any major contracts being signed recently. the big 100 plus mil contract is probably a ways off as the company they signed it with ,summit still hasn't built or started building their pipeline to get the rng product to market, in fact they are still negotiating right of ways and easements with farmers in a couple of states for this project (many have been signed to date) plus this company has just hired a ceo as of july25/2020 ) 

most of you on here should read thru all the news and news releases in their media center along with the project updates under the project. lots of good info and you can see where this project is at on an ongoing basis. https://summitcarbonsolutions.com/

xbc will also have some severance costs invoplved with those layoffs, probably in q3 though.

I truly expect you might see some kind of equity issue along with this 2q results or soon after.  you would also think you'd see at least a wee bit of insider buying at these prices if the 2nd q was going to be any better than the 1st.  my bet would be on another fugly q.

cheers ferret