Post by
osbert on Mar 28, 2023 6:01am
xbc
was this done legally. were any shareholders misled before this surprize bankruptcy?
Comment by
InPersona on Mar 28, 2023 6:57am
It's a legal process, so yes it's being done kegally. Many of Xebec employees are shareholders as well. IVS continues Xebec as a going concern and employees continue to work. IVS will go public and Xebec shareholders will be subsumed.
Comment by
Hesiod07 on Mar 28, 2023 11:29am
Do you mean offered new shares? Seems unlikely, but please comment.
Comment by
Hesiod07 on Mar 28, 2023 1:23pm
Does anybody know how many creditors still have to be paid off out of the $17 million left to disburse? And I can't find Hygear on the asset sales page? Anybody?
Comment by
InPersona on Mar 28, 2023 8:07pm
The gold is in Xebec's patents like PSA technology. Contracts are in place, and there is great potential for growth, which in turn could drive consolidation and / or takeover efforts.