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Bullboard - Stock Discussion Forum 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,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Clever management
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Post by Newtrader1982 on Feb 16, 2021 9:04am

Clever management

very smart they announce an order from fcel on Thursday then hit us with Prabhu leaving on Friday giving everyone the weekend to digest the news and come to terms with it then hit us first thing Tuesday when markets open back up with a new contract. Very clever of them to sandwich that news in between 2 positive news releases. It just further proves that Kurt knows exactly what he is doing and what direction he is taking the company in. Great work xebec.
Comment by tamaracktop on Feb 16, 2021 9:26am
I don't particularly agree with that. This timing isn't a masterstroke by management, and the motivation for the timing of recent news is as obvious as the nose on your face. Just like the announcement of the CarbonQuest partnership the day before the last 2nd quarter earnings release, and the abandonment of eps guidance, which, by the way, we haven't heard a peep about since.   & ...more  
Comment by catchascatchcan on Feb 16, 2021 9:40am
Not a master stroke by any means, but you can only play the hand you're dealt, and given the abrupt COO news, they are packaging things as well as they can.  We won't hear another peep about the COO until the next time management faces questions.  By then they no doubt plan to have someone competent established in the role.  As shareholders, we get caught thinking we have ...more  
Comment by Zipolitemexico on Feb 16, 2021 10:20am
Something else we haven't heard a peep about is those two LOI's announced in June. That was 8 months ago.
Comment by RandomMaker on Feb 16, 2021 10:26am
December 17, 2020 The Acquisition, which is one of the two “LOI Acquisitions” announced by Xebec on December 8, 2020, will be financed with the proceeds from the public offering and the concurrent private placement announced by Xebec on December 8, 2020 and December 9, 2020. The release of proceeds from such public offering and the concurrent private placement and the exchange of the ...more  
Comment by Ciao on Feb 16, 2021 10:45am
The conspiracy theorists will be out again. The closing of the acquistion will be announced soon and it will occur AFTER Prabhu's departure.  Was it timed such that he would depart before the Inmatec NR that will be coming? LOL.
Comment by Zipolitemexico on Feb 16, 2021 10:44am
I should have been more precise..the RNG LOI's. One in Alberta and one with a large Waste Management company
Comment by Zipolitemexico on Feb 16, 2021 10:56am
I should have been more precise..the RNG LOI's. One in Alberta and one with a large Waste Management company
Comment by Magicmike67 on Feb 16, 2021 10:38am
I believe in a TD report they stated that company would provide 2021 guidance when year end results come out. So looks like the end of March.
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