Post by
Lupuslupus on Sep 29, 2022 6:05pm
My earlier post
Of Xebec having only $15M in cash
they probably don't even have that
is it possible for a company to come out of bankruptcy?
possible, but not probable
If you're an eternal optimist remember that Apple had gone bankrupt at one point
im not saying Xebec is an Apple equivalent
Comment by
filoux004 on Sep 29, 2022 6:11pm
Correction Apple never went bankrupt but came very close. Believe it or not MFST swept in to save the day with 150M, at the time they needed competition do the DOJ would not consider then a monopoly.
Comment by
Lupuslupus on Sep 29, 2022 6:22pm
True ...almost bankrupt i was just going from memory, but pretty close,
Comment by
filoux004 on Sep 29, 2022 6:40pm
Keep an eye on Reitmans may one of the great comebacks from CCAA . That being said the economy in Canada is not looking good. Peace