FormerXBC Inc XEBEQ

RE:RE:RE:RE:Where is that guy?

[ZouZS3]

I'm not done here!

MidtownGuy wrote: If you knew anything, you'd know they did not have to do a financing for cash flow reasons, they did it because it's a requirement for uplisting to the TSX, which they have announced. All firms uplisting have to do a $5MM+ issuance to meet the "$10miilion in the treasury, the majority of which is to be raised through the issuance of securities." Every venture firm does this right before final approval.

Shouldn't you know this based on your "vast" experience? lol

And they have a $40 million signed backlog and giant contracts pending. Your knowledge is way out of date, as usual.

tamaracktop wrote: Honestly don't know enough about it to proffer an opinion. All I know is I looked at their balance sheet a few months ago, and it was clear they would have to do a financing. Im surprised it took them this long to do it. What was management thinking? It traded well above $5 from July 23rd to September 10th! I knew they would have to do a financing back in June. Obviously management was greedy and hoped to do an issue at higher prices. Now that has backfired at the expense of shareholders and they have to do a dilutive issue at $3.60. I give management the thumbs down, which in my particular case rules them out of my universe of interesting stocks.

Some lost lots of money lately and they're just bringing it out on this board and on TT's expertise because they know we're the best board out there:) Why in the world would someone ask TT for his opinion on a stock to then try to convince him he's wrong? This is such a desperate move and TT is always right! PS: if you think TT is out of date you wrong because Old is Gold and the fact is you're on the downside and we are on the upside. So get out of here if you can't have a decent and adult conversation or debate with people!