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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, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Bullboard Posts
Comment by Sens1660on Aug 02, 2018 1:28pm
52 Views
Post# 28405496

RE:RE:RE:nice volume...

RE:RE:RE:nice volume... 25 mil loan from EDC will do that to a company who is killing sales - 40 mil revenue projected for 2019 - wait till their quarterly number come out next Tuesday - buy now if you want to get in on a rapidly growing story

XBC announces today that it has obtained C$23 million of additional financial support from Export Development Canada (EDC), Canada’s export credit agency.  The financial support consists of a credit agreement worth C$11 million with two credit facilities, and a 3 year term consisting of a C$2 million working capital line and a C$9 million Purchase Order (PO) facility. In addition, Xebec has also secured a C$12M bonding facility with EDC.  The bonding facility will be used to support the issuance of multiple bank guarantees.
Bullboard Posts