Post by
ferret_ca on Jun 28, 2022 8:10pm
a coupla facts
if you bought xbc about 3 yrs ago you'd be down somewhere close to 50% hmmmmm
if you bought cts about 3 yrs ago you'd be up somewhere just over 500% hmmmmmmmmmm
Insiders are buying at cts
insiders are NOT buying at xbc
so crony asked the xbc ir mouthpiece if insiders would be buying after the last earnings release, mouthpiece told him they were looking into it, lmao, well I guess they did and decided there was no money to be made there so lets just give ourselves a nice big fat raise so we at least make some money while we attempt to put together this massive jigsaw puzzle that is all over the place and has way too many extra pieces that the former ceo bought on an episode of guy's grocery games with all the loot he won on a well timed financing.
someone mentioned a pair trade earlier, how about short xbc and long any other green stock.
something to ponder , you'd think they'd know by now if national was extending the loc and it'd be done already, the fact that there is no news yet I'm thinking you're looking at an equity raise sooner than later.
I assume savy finally saw the light and moved on, imho xbc is simply uninvestible, mgmt seems to think so too, or so it seems.
cheers ferret
Comment by
Gann999 on Jun 28, 2022 8:30pm
why would you short xebec after it's already been shorted that ship has sailed more risk than reward shorting it here just my opinion.
Comment by
ZouZS3 on Jun 28, 2022 8:44pm
2 more days to announce a financing deal. It's not off the table yet.
Comment by
Gann999 on Jun 28, 2022 9:20pm
They no longer have access to the credit facility and probably will lose several million in q2 so cash position will drop no credit facility, debt hardly any cash and losing money. They need a hub partner and cash infusion.
Comment by
tamaracktop on Jun 29, 2022 3:25pm
Hey Zou. I remember seeing that the credit facility was in place up until June 30, 2022, but now I can't find where I saw it. lol Any help?
Comment by
filoux004 on Jun 29, 2022 3:34pm
Should be buried in the footnotes of the last Financials. Drum roll. Peace
Comment by
ZouZS3 on Jun 29, 2022 4:53pm
Gann was faster than me T. Thanks Gan for taking care of this.
Comment by
savyinvestor333 on Jun 29, 2022 6:39am
FYI I am am still holding in the registered accounts but am enjoying the summer and sitting on my hands for the most part right now.