FormerXBC Inc XEBEQ

RE:RE:RE:TSX listing

[Mick67]

you mean they didnt tell you on the last conference call they were going to issue 40% of their shares out to do a transformational acquisition that would require a possible vote..........  Must be the internal controls still being worked on.

treehill wrote: On the last conference call they indicated that XBC had to finish upgrading internal controls and linked that to the uplisting. One of the items was upgrading an ERP system, which is often a time-consuming process. So my take is that was more relevant for the timing delay, as they didn't say the internal controls work was finished.

Mick67 wrote: Pretty sure that there are different rules on the exchanges for issuing shares in size, that is quite likely the reason for the uplift to be after the Hygear acquisition. Just watching the US hydrogen names rip and wondering when XBC will get on the radar screen. The hydrogen news is extremely bullish for the company outlook and with Clean Fuel Standards coming by year end that could be another meaningful growth angle this time through RNG. I know we've had a great run here but were just getting started. Ciao back of napkin numbers interesting but if you put reasonable multiple on TT revenue forecast that appears to make sense, you get target price much greater then $12. Will be interesting to see where analysts come out.