FormerXBC Inc XEBEQ

RE:RE:RE:RE:RE:RE:RE:RE:the pipe dream is done

[Gann999]

So glad to hear you are putting me on iggy and you won't be responding anymore to me fantastic news. Also book value is clearly stated in the financials as 314.8 million dollars shareholder equity posted on the xebec website financial documents which I believe you claimed weren't posted there yet another lie of yours. Book value for xebec is 2.04 we are trading below book value. Here are some of the companies statements explaining their assets and the reasoning behind it. The Companys total assets increased by $44.2 million between December 31, 2021 and December 31, 2020 mainly due to the acquisitions made in 2021, offset by the use of cash to fund operating losses and the repayment of loans. Liabilities increased by $66.7 million between December 31, 2021 and December 31, 2020, mainly due to higher accounts payables, contract liabilities and long term debt. Working capital amounted to $82.1 million as at December 31, 2021 for a current ratio of 1.98:1, compared with working capital of $170.4 million and a current ratio of 4.07:1 as at December 31, 2020. Shareholders equity totaled $314.8 million as at December 31, 2021, a decrease of $22.5 million from December 31, 2020. The change is mainly explained by the current year loss and the other comprehensive loss resulting from currency fluctuations. So these losses the incurred from the legacy contracts which by the way are basically done now so moving forward will improve. Have a nice life weasel.

ferret_ca wrote: again Gann you totally twist and turn what I showed with the net book value numbers, which INCLUDED the goodwill and are no where near the book value numbers you are using when comparing xbc to other green companies, you are using numbers much higher that what the company shows on their annual report. I AM NOT SUBTRACTING ANY GOODWILL WHEN I SAY YOU ARE USING MUCH HIGHER B/V #'S THAN WHAT THE COMPANY SHOWS IN THE 2021 ANNUAL REPORT. 

Again I never said it was worthless. you are obviously a loser alias, exactly the same twisting of peoples posts that you construe as negative. twist the facts all you want but you look like a complete fool to those who understand what's going on.  you aren't worth responding to anymore so off to iggyland for you, and I suggest you do the same to me, now run along and play with some brainwashed fools.

cheers ferret