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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Industrials
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

Bullboard (GREY:XEBEQ)

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Comment by InPersonaon Mar 28, 2023 6:57am

RE:xbc

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 ...more  
231
Discussion
Post by osberton Mar 28, 2023 6:01am

xbc

was this done legally. were any shareholders misled before this surprize  bankruptcy?
588
Discussion
Comment by savyinvestor333on Mar 27, 2023 7:21pm

RE:RE:RE:RE:RE:What a shaft

At least we are out of our misery now and have moved on to other opportunities. Not like those ANRG shareholders that have watched their stock reach a high of $24.00 in Oct 2021 to drop to todays ...more  
199
Discussion
Comment by ferret_caon Mar 27, 2023 5:38pm

RE:RE:RE:RE:What a shaft

the only hype I saw was from the ultra bulls with blinders on in this bb, the whole sector had been hyped back in 2020 -early 2021 and that was a bubble. anyone who wanted to dig into the financials ...more  
216
Discussion
Comment by rltchkon Mar 27, 2023 9:14am

RE:RE:RE:What a shaft

Also may have had something to do with the pending class actions.  It is possible that there was a good chance that they may have been liable for some of the damages claimed and CCAA was a way ...more  
145
Discussion
Comment by Hesiod07on Mar 24, 2023 8:51pm

RE:RE:What a shaft

Agreed but the tipping point was simple cash management. Their liquidity problem was short lived, but their creditors wouldn't help them until they were in CCAA. Great bonuses at the creditors I ...more  
163
Discussion
Comment by GolfMania1968on Mar 24, 2023 1:48pm

RE:What a shaft

Just compare the burn rate, 2022 loss, cash on hand and you will get your answer. There is nothing fishy at XBC, just a tone of bad decisions, uncontrolled growth, bad financial management, and the ...more  
181
Discussion
Comment by GolfMania1968on Mar 24, 2023 1:34pm

RE:Ivys Adsorption Inc 🤣😅

It seems that Enbridge is committed to the RNG space and CleanTech business https://divertinc.com/1-billion-infrastructure-development-agreement-with-enbridge-inc-announced/ Both companies - Ivys ...more  
158
Discussion
Comment by ferret_caon Mar 24, 2023 9:47am

RE:RE:Employees are fine

sure, if it's in a non registered account you get to use your capital loss, if not  99.9% you're sol.
161
Discussion
Comment by Marcelloon Mar 24, 2023 12:37am

RE:Employees are fine

Any hope for Xbc share holder? 
130
Discussion
Post by ZouZS3on Mar 23, 2023 8:03pm

Employees are fine

As the new owner, the Company also acquired all of the intellectual property rights of Xebec Adsorption Inc. All employees who were offered positions at Xebec and CAI agreed to join the Company with a ...more  
654
Discussion
Post by ZouZS3on Mar 23, 2023 7:58pm

The story starts with Prahbu and ends with Prahbu

Someone could and should write a book about this.
178
Post by ZouZS3on Mar 23, 2023 7:33pm

Ivys Adsorption Inc 🤣😅

“Having Enbridge, an industry leader in energy transition, as a key shareholder is an endorsement of the capabilities of the team and the product portfolio. I am humbled and encouraged by the strong ...more  
499
Discussion
Comment by Hesiod07on Mar 23, 2023 12:44pm

RE:What a shaft

The XBC CCAA was almost certainly avoidable. Banks are supposed to support their commercial clients, and for a bank to refuse $3 million in short-term funding and then provide it three weeks later ...more  
139
Discussion
Comment by tony08on Mar 23, 2023 11:09am

RE:What a shaft

Let's see TT I'm not saying what's happening with Xebec isn't unfair for shareholders but the comparison you're making with Greenlane's market cap is a bit simplistic.....Don ...more  
153
Discussion
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