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Bullboard - Stock Discussion Forum 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,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Why didn't management list on Venture?
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Post by TheCount11 on Nov 21, 2022 1:10pm

Why didn't management list on Venture?

Any theories on why didn't management list XBC on Venture? 

Seems like a no brainer so shareholders can easily close out a position and book the loss against other gains.
Comment by savyinvestor333 on Nov 22, 2022 11:09am
Correct me if i am wrong but even Reitman's was halted for 3 months or so until it listed on the venture.
Comment by filoux004 on Nov 22, 2022 11:16am
You are absolutely right, let's keep an eye on the proceedings, maybe a white knight will value the IP and manufacturing capacity as a going concern and retain a listing to facilitate new capital raise. However expect a deadly share exchange ie Prometic. Glta.
Comment by TheCount11 on Nov 22, 2022 12:37pm
good point.
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