FormerXBC Inc XEBEQ

RE:RE: Simple valuation

[Ciao]

PI,

I was trying to illustrate if it made any sense that XBC was trading at a discounted valuation (added effect of months long shorting activity) vs the peer group of GRN / ANRG.  Perhaps XBC should be at a premium valuation given its rev growth profile, steady rev stream from cleantech, synergies among it's divisions (an ecosystem), exposure to hydrogen, and carbon capture, etc. vs. as you noted ANRG which specializes in conveyor and sorting systems for waste and GRN who is asset light with only IP and limited ability to improve margins as they outsource mfg.