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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 > The Arnsby Letter
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Comment by EndGame11on Oct 26, 2022 10:52am
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Post# 35049645

RE:The Arnsby Letter

RE:The Arnsby Letter
At present it is highly speculative, if not unlikely, that there would be sufficient proceeds for a compromise to generate funds to satisfy all the secured and unsecured creditors. Hence, no payment of equity claims can be envisaged. The developments flowing from the SISP and any eventual application by the Monitor to approve a claims procedure order will provide greater insight on Xebec's future.
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