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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

Post by tamaracktopon Oct 02, 2022 10:36pm
392 Views
Post# 35000770

In fact

In factAt a glance it looks like the stock traded over 12 million shares well above $0.70 in the weeks immediately after Q2. They could have easily done a big financing at 60 or 65 cents. It would have sold out because buyers would have known the only thing holding the stock back was being resolved. The balance sheet. Again, WHAT THE FVCK WERE THEY THINKING?? I know this is sinking in. The nightmares started last night. I expect they'll last for quite a while. Probably better off just not sleeping.
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