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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.


GREY:XEBEQ - Post by User

FormerXBC Inc > Early trading
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Comment by Mick67on Mar 17, 2022 9:52am
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Post# 34521533

RE:Early trading

RE:Early tradingthe biggest takeaway despite the positives and negatives of the quarter i believe is that there liquidity is very good ($90mm or so) with not much cash burn outside working capital (that is good for securing supply) With big growth targets coming for 3 year strategic plan that would make me want to cover my short that i put in place in fear that there was an equity issue coming.  Squeeze folks.  The new CEO major upgrade.
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