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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 > MarketBeat Insider Buying Alert: Xebec Adsorption Inc. (XBC
View:
Post by HonestAl on Mar 31, 2021 5:32pm

MarketBeat Insider Buying Alert: Xebec Adsorption Inc. (XBC

Xebec Adsorption Inc. (XBC.V) (CVE:XBC) Director Kurt Sorschak bought 80,000 shares of the stock in a transaction that occurred on Wednesday, March 31st.

The shares were bought at an average cost of C$4.23 per share, with a total value of C$338,640.00.

Following the completion of the transaction, the director now owns 312,196 shares in the company, valued at C$1,321,525.67.
Comment by Ciao on Mar 31, 2021 5:42pm
Kurt owns much more than the 312K that MarketBeat believes. But hey, adding 100K this week to the incorrectly given total of 312K is a 50% increase in his holdings!
Comment by savyinvestor333 on Mar 31, 2021 5:45pm
Yes this amount of shares  is only for that account. It is common for tax planning to have multiple accounts. 
Comment by tamaracktop on Mar 31, 2021 5:44pm
Very important not to overlook the fact that Kurt also has 7,296,000 shares and 5,578,000 warrants (shs) in 2 family trusts.
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