FormerXBC Inc XEBEQ

The last public disclosure from Xebec before this

[tamaracktop]

The last sentence in management's discussion of Xebec's Q2 results:

"We believe Xebec remains well positioned for the energy transition towards renewable and low carbon gases as markets around the world aim for lower costs, lower emissions and local supply for energy, industrial and mobility applications."

I have nothing to add.

[LongoGlueStick]

They will remain well-positionned. As a private company. And after the CCAA process wipes out shareholder equity, and they award themselves lavish bonuses.

[Gann999]

Legal court approved theft in my opinion but if we use fancy names and add un to secured it's ok right?

[AlwaysLong683]

What did you expect them to state?  "This company's f*cked. Run for you lives!!!"

[Gann999]

That actually would have been helpful we could have sold our shares that way.

[Pennyscalper99]

Lmao, you can't even run while it's on halt.

[tamaracktop]

No! I didn't expect them to say "This company's f*cked. Run for you lives!!!" when they announced Q2 on August 11th. I would have expected a well-timed secondary offering announcement shortly after that. They knew what was going on and the stock DID trade as high as $1.01 on 1.7 million shares 2 weeks after the quarter was announced. 60 or 70 million shares at 65 or 70 cents

[LongoGlueStick]

Lol, didnt Brandon tell you after the Q1 disaster that they were not going to raise money? Lol, he was telling the truth. They had something else in store.

[Zebec2021]

[Zebec2021]

At this point i could'nt give a shiite...about this Co. Cause they sure as hell don't care about you or i....just glad i didn't get caught with a sh#t load ...got stuck about 7k about what i just paided for two weeks in the Mayan ...so no big whoop! sorry to hear some here got creamed...and to Tamaracktop well done sir well done!

[AlwaysLong683]

Perhaps they couldn't find suckers (I mean, a PP buyer or underwriters) willing to take the shares, as they may have been wise to XBC's predicament and did not want to sink money into the company or try and sell the shares to clients of theirs - why damage your reputation as an underwriter by selling garbage to your clients...? I suspect the large volumes traded were mostly speculators