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 > It's not possible

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Comment by ZouZS3on Dec 14, 2022 6:42pm

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Post# 35172065

RE:It's not possible

Everyone keeps saying that the board and management should be held accountable but what does it actually take to collectively be able to legally sue the company?

tamaracktop wrote: It's just not possible that the company provided full and complete disclosure, and was as transparent as required by law, when the collective opinions of market participants, both smart and not-so-smart, determined that the company was worth $79 million if in fact it was in fact worthless.

It's literally incongruous and impossible.

The shareholders here have suffered tremendously, and if there is justice, someone should be held accountable.

Very likely several people.

The ones who were ultimately responsible.

I know I'm not one of them.

Neither are you.