FormerXBC Inc XEBEQ

RE:Book value and goodwill

[ferret_ca]

incase you hadn't noticed,  since int rates started raising valuation metrics ( like price x sales for 1) for tech companies have imploded , even worse for small caps, valuations of private tech companies have cratered. so your suppositions on valuations of 22 x sales etc are totally ridiculous imho, so far out to lunch there is no lunch.

also your belief that what they paid for hygear at 9x sales was great, I disagree they paid a lot at the time, it looks better now that xbc s/p has tanked as they used a good portion of the buy by issues shares at $9/sh.  I'm sure hygear mgmt are just thrilled with this, lol.

the point of pointing out the good will on the balance sheet was to show it is a fair chunk of their net book value, it you think that's great then good for you, looks to me like mr market doesn't like it much though. they have chunks of goodwill from various companies they bought ( obviously hygear was the highest) .

keep an eye on VFF  haha, btw did you know they have a renewable energy division and power their whole delta facility with green energy which they produce from waste from the vancouver organic land fill next to them and selling the excess energy to fortis whom they have a 20 yr contract with (and a 5 yr add on option after the 20 yrs)  oh and their partner on the rng unit is not xbc, lol.

cheers ferret