FormerXBC Inc XEBEQ

I called Brandon Chow

[Kronyboy]

He told me that they have multiple other contracts they don't always disclose, this one was mentionable because it's the first of its kind for Turkey as well as building upon the recurring business model. He also gave me number and said it was ok to share them with others - the material value of this 15 year contract is about 10 million. He said you can take the daily amount of hydrogen delivered, and by placing a dollar value on it determine the material value of the project. Xebec didn't bring it up because to them, the material value of this individual project is completely immaterial (pardon the pun), as the more important progress at play here is them rolling out to new countries, building upon their recurring model, and providing one brick at a time. He said keep an eye out for more news in coming months as they continue laying the foundation.

Heavily paraphrased and simplified ; tldr, the company is doing great and this contract has material value, XBC cares more about building the recurring hydrogen gas-as-a-service business model over immediate material value of contracts. GLTA.