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.

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FormerXBC Inc > 1 Billion Market Cap Wiped Out

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Comment by Zoltar4kingriteon Mar 16, 2021 4:28pm

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Post# 32809965

RE:1 Billion Market Cap Wiped Out

Natl Bk and Desjardin will asking some loaded questions at the call to help explain to their clients why they have sold XBC shares to them in the first place.The smell will linger...This company has loans bearing 11% and 9% still outstanding..thats junk bond status period..bankers have warrants at 4.58 and 3.60 vs past equity deals.maybe theyve already cashed those in.Until then we are at the mercy of large holders who want out..lets hope they have sold ..what a s show..

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