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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,...
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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Bullboard (GREY:XEBEQ)
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(2670)
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dalesio_98
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Comment by
dalesio_98
on Mar 10, 2023 11:47am
RE:Company?
You're back from the PYR Bullboard. Simple the plug was pulled on September 29, 2023 filing creditor protection one month after Xebec indicated all was well. Under CCAA, shareholders are not
...more
(6066)
•••
tamaracktop
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Post by
tamaracktop
on Mar 10, 2023 10:42am
Company?
Looks like Greenlane is right behind. Still trying to comprehend WTF happened here. Can't see how no legal repercussions yet. I view it as absolutely blatantly criminal. We were
...more
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(1914)
•••
Possibleidiot01
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Comment by
Possibleidiot01
on Mar 05, 2023 11:20am
RE:RE:RE:RE:RE:The sell-off continues
Failure all the way down from the top . COO failed with contracts that were poorly estimated and written , and was dismissed. CEO vision may have been valid but execution failed. Board failed to
...more
(2670)
•••
dalesio_98
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Comment by
dalesio_98
on Mar 02, 2023 11:36pm
RE:RE:RE:RE:The sell-off continues
How many members constituted the Xebec Board? Were they YES men? Each member of the Board has a vote, quorum is required and decision taken by the majority.
(10)
•••
ferret_ca
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Comment by
ferret_ca
on Mar 02, 2023 9:34pm
RE:RE:RE:The sell-off continues
the guy that destroyed xbc was kurt.
(9)
•••
InPersona
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Comment by
InPersona
on Mar 01, 2023 7:08pm
RE:RE:RE:The sell-off continues
I guess he sees the same thing as Xebec employees see: dollar signs.
(185)
•••
LongoGlueStick
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Comment by
LongoGlueStick
on Mar 01, 2023 4:09pm
RE:RE:The sell-off continues
I don't know what the CEO of IVYS sees in Prahbu. Prahbu is responsible for destroying Xebec and making it go bankrupt.
(2)
•••
rltchk
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Comment by
rltchk
on Mar 01, 2023 2:25pm
RE:The sell-off continues
wow what a difference in leadership... CEO of Ivys Energy Solutions, says “I have known Prabhu for 25 years of my career and am convinced of his ability to propel our company and mission toward
...more
(1914)
•••
Possibleidiot01
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Post by
Possibleidiot01
on Mar 01, 2023 9:22am
in the old days , would have spiked on Enbridge news
Never heard of Divert Inc. Some many competitors. Commodities 1h ago Enbridge eyes US$1B of projects to turn food waste into gas Kevin Orland
...more
(24)
•••
overnout
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Comment by
overnout
on Feb 28, 2023 7:41pm
RE:The sell-off continues
Maybe he'll roll the assets into the shell - Geez
(9)
•••
InPersona
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Comment by
InPersona
on Feb 28, 2023 4:29pm
RE:RE:RE:Any hope left?
IVYS is a private company with shareholders. Xebec, a formerly publicly-traded company with shareholders, is being purchased as a going concern. Shares didn't vanish. Think Twitter in reverse. &
...more
(50)
•••
Hesiod07
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Post by
Hesiod07
on Feb 28, 2023 1:05pm
The sell-off continues
Guess who's behind Ivys? Prabhu. Who is obviously doing what many shareholders thought XBC management would be doing, ie. running with a great opportunity to the benefit of all. What a pity.
(2670)
•••
dalesio_98
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Post by
dalesio_98
on Feb 28, 2023 4:41am
Xebec Announces Sale of Assets at Blainville Facility and Co
Xebec Announces Sale of Assets at Blainville Facility and Compressed Air International https://www.newswire.ca/news-releases/xebec-announces-sale-of-assets-at-blainville-facility-and-compressed-air
...more
(14)
•••
Farmer9
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Comment by
Farmer9
on Feb 28, 2023 2:17am
RE:RE:Any hope left?
Stock swap? How does a stock swap entail with a company not even listed on a stock exchange? What is being swapped for what? You are grasping at straws.
(2670)
•••
dalesio_98
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Post by
dalesio_98
on Feb 28, 2023 1:47am
Certificate of the Monitor (Ivys Transaction) dated Februar
Certificate of the Monitor (Ivys Transaction) dated February 27, 2023https://www.insolvencies.deloitte.ca/en-ca/Documents/Xebec/Certificate%20of%20the%20Monitor%20-%20Ivys%20Transaction%2847111450.2
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