FormerXBC Inc XEBEQ

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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.

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FormerXBC Inc > The Arnsby Letter

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Comment by EndGame11on Oct 27, 2022 10:44pm

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Post# 35054992

RE:RE:RE:RE:The Arnsby Letter

Not a quote, 50.2 of the last court order doc. https://www.insolvencies.deloitte.ca/en-ca/Documents/Xebec/Reasons%20for%20issuing%20amended%20restated%20initial%20order%20%2824-10-2022%29.pdf

treehill wrote: I'm not sure if your quote is intended to be taken sarcastically.

Supposedly when the company was operating normally, Stephane didn't have class action applications diverting his attention from carrying out crucial tasks. Didn't seem to do the company much good. Maybe diverting his attention will improve things. Their performance to date hasn't exactly generated any faith in their competence.

EndGame11 wrote:
Stephane Archambault's attention, who is a personally a party to the Class Action Application attention will be diverted away from carrying out crucial tasks, as CFO, required of him in carrying out the SISP and providing accurate financial reporting.