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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 > Somebody needs to do their homework
View:
Post by tamaracktop on Sep 15, 2021 9:48am

Somebody needs to do their homework

No to belabour the point, but just to set the record straight.

Babedinkleman wrote: 
"in this particular case McWhirter recommending a stock on BNN at 6 cents that skyrocketed over the next year or so and almost a year later (April 2021) he said was still one of his largest positions....and even as of yesterday was still up almost 1000% doesn't amount to anything illegal.  Certainly nothing anyone would belong in jail for."

The facts:
McWhirter bought into Cielo's private placement in late November 


at $0.08 per Unit for targeted minimum gross proceeds of $1,000,000 and up to $2,000,000.

Each Unit is comprised of one common share (" Common Share ") and one full warrant (" Warrant "), each Warrant having an exercise price of $0.12 and an expiration date of 36 months from the date of issuance.

On February 3, he's mentioned in a Globe article as "really liking the stock". The next day it goes from 10 cents to 13.5 cents on 1.5 million shares. 
it traded 180,000 the day before.

Then, on February 24th, he goes on BNN and says he's sold Xebec and Cielo is now his favorite. The stock goes from 38 cents on February 24th to close at $1.28 on March 1st.

Comment by tamaracktop on Sep 15, 2021 9:50am
February 24th to March 1st isn't "over the next year or so", as babedinkleman put it... It's 4 trading days
Comment by Gann999 on Sep 15, 2021 10:09am
I wouldn't be surprised if there is backdoor payments going on by the companies to have him pump on tv. Definitely something shady going on with him as soon as he mentions anything regardless of the fundamentals the whole stock market rushes to buy it and babedinkleman sees no connection there.
Comment by babedinkleman on Sep 15, 2021 10:23am
This post has been removed in accordance with Community Policy
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