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 > CCAA

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Comment by Gann999on Sep 29, 2022 9:51pm

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Post# 34996574

RE:RE:RE:RE:RE:CCAA

Would have to agree with you unfortunately we are a mere inconvenience to them am sure xebec will carry on and they will run it further into the ground or make it a powerhouse and we will be shut out.

babedinkleman wrote:
Gann999 wrote:
shareholders can also be included as a creditor just saying and their debt isn't so onerous that there would be nothing left at the end but we shall see how this plays out not looking good for common shareholders though.

Just ask yourself....does the current management team and BOD strike you as a group that are going to fight to preserve value in the common shares? Not to me. Like not at all. I'm guessing every route to come out on the other side of this even remotely intact in their minds starts with wiping out those 'pesky' shareholders..