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FormerXBC Inc XEBEQ

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

Comment by filoux004on Oct 02, 2022 5:23pm
146 Views
Post# 35000487

RE:RE:RE:Time to regroup / New ideas

RE:RE:RE:Time to regroup / New ideasHere's my take on Reitmans because their creditors were unsecured debt the Reitman family negotiated a sweetheart deal offering 90M for the approx 160M owned. Immediately got a new 100M revolver crdit line from BMO, shut down 30 percent of stores increased ecommerce effort and back in business. The shareholder base remained intact!!!! But the whole process took close to two years. Peace long and adding more
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