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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

Comment by Magicmike67on Oct 16, 2020 2:11pm
173 Views
Post# 31729440

RE:RE:Where is that guy?

RE:RE:Where is that guy?
marketwatch9 wrote: TT, what do you think of the potentiel for PYR ?


Got out of that over a month ago.... Bought XBC. I personally don't trust the hype and think torch sales will be much less then the 50/plant the CEO has indicated. Also don't think they will get $3M/torch, more likely 1.5M in my opinion. The problem is NOx emmissions are to high with plasma torches and unless they can find a way to reduce that they cannot put 50 torches in a plant. They would violate operating licences in terms of NOx emmissions. Another thing that put me off was CEO "loaning" the company 903K fully secured by company assets at 12% and convertable into shares at $0.28. I do not understand what they needed the money for, as they had more revenue coming in over the next 3 months then they had ever had in there history.  Was there not a better deal for investors then diluting the company by over 2% for a loan that was cashed in 6 months later? Seems to me there must have been better options?? jmho

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