FormerXBC Inc XEBEQ

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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 > Take Notice!

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Comment by savyinvestor333on Oct 06, 2021 12:25pm

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RE:Take Notice!

Can you post the release? I can find nothing out from Chevron.

Thanks

tamaracktop wrote: When Xebec announced the master service aggreement on July 6th, Chevron didn't mention it.
It wasn't material.

Today Chevron announced the biostream contract.
Suddenly it's material enough for Chevron to issue a press release.

Chevron's market cap is $210.3 billion.

Chevron is positioned to become a long-term customer of Xebec.

Xebec is at the day's high in the US right now on twice its average daily volume there.

I ask again, how can this development possibly be interpreted as "neutral"

It's the close that matters.