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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 > 5I Reseach
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Comment by sumpinehon Mar 12, 2021 6:13pm
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Post# 32791044

RE:RE:RE:5I Reseach

RE:RE:RE:5I ReseachQuoted from 5I Research " Companies need to report material information,so this is likely a timing issue.As it was going through the numbers the company noticed the accounting issues and decided some bills were not going to be paid.As soon as they determined it was material, they would have to make a statement even if full numbers were due out shortly"
llnorth wrote: I agree, what will next week bring. Why reveal this a week prior to announcing Q4... I don't understand why they did not communicate all the information all at once?


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