GREY:XEBEQ - Post by User
Comment by
Newtrader1982on Jun 04, 2021 7:11am
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Post# 33328161
RE:RE:RE:Xebec has a lot of red flags, this investor says
RE:RE:RE:Xebec has a lot of red flags, this investor saysThat's fantastic, too bad it wasn't with real cash, I wish it had been for your sake. While that is an amazing gain you bought at a time when the market wasn't even paying attention to xebec at all. Now we are under the microscope, for people who didn't start buying until roughly 3 dollars or so will xebec be able to replicate that kind of share price growth again and sustain it? Or are we destined to trade from 4 to say 11 for years and years to come until they can turn a profit. While I believe in xebec the risk I see is that the company has less than 100 million in cash, while at the same time losing money on revenue and spending money on acquisitions of more companies. So essentially their growth plan is to dilute current shareholders to fund their operations until they can buy enough companies to increase revenue and hopefully turn a profit. What happens when the 100 million runs out? Do they raise cash by issuing more shares? Warrants? Certainly they will have to at some point as I see it.
tamaracktop wrote: Take a close look at my profile picture. That's my Xebec account