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.

GREY:XEBEQ - Post by User

FormerXBC Inc > 20 million shares at $5.60

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Comment by Mick67on Nov 24, 2020 8:00pm

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Post# 31966686

RE:RE:20 million shares at $5.60

would have to have a purpose for sure as service acquisitions can be funded by cash on hand. that would mean funding for a multitude of boo contracts forthcoming or a hydrogen acquisition. what doesnt make sense to me though is that if an issue is on the horizon why not complete the uplisting first so that more institutions qualify to participate. Also usually good news/contracts before an issue so also looking for that before raising money. To blindly throw out an amount without direction doesnt make sense to me.

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