Post by
tamaracktop on Jun 08, 2022 9:50am
Don't waste your time
People here expecting Xebec to crash and burn are wasting their time. The opposite will happen. If you want to amuse yourselves watching a company disappear, watch Cielo. Zero revenues, no money, debt, and $76 million in accumulated losses. New low again today ( since "uplisting" to TSXV ). Amazing that it's still cap'd at $100 million as I write this. People just hold on to companies that are clearly going down because "a loss isn't a loss until you sell". They're just clinging to hope against all odds. Looks to me like the bank is going to call their loan. Good luck with that