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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 > Stephane Archambault needs to be held accountable
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Post by ZouZS3 on Oct 05, 2022 5:22pm

Stephane Archambault needs to be held accountable

for his comments & for misleading us BIG TIME. I'm so pissed ANSWER: "Yes, absolutely. This is, this is a temporary thing. We did, we did reach one of the covenant. And that's why we, we had to have that four page letter. We came up with an agreement with the bank, and we're monitoring the situation. So that's the that's the situation right now. And as I said, and then as I pointed out, I mean, we can definitely reinstitute that with no problem as we fix the ratio."
Comment by ZouZS3 on Oct 05, 2022 5:24pm
"This is a temporary things" + "we came up with an agreement the bank" + "we can definetely reinstitute that with no problem" THIS IS BIG TIME FRAUD.
Comment by Gann999 on Oct 05, 2022 5:42pm
very misleading statement made by him I guess all the stammering and stuttering was his nervousness coming out over the question because he knew there was issues there.
Comment by LyChauncey on Oct 05, 2022 6:34pm
If they can't fix the ratio and going out of CCAA with share struscture intacted, this guy basically lied to equity investors on their faces on a corporate earning call. Thousands of Canadian and the US investors will lose their life savings because of his lies. 
Comment by Lupuslupus on Oct 05, 2022 7:04pm
Who on earth outs their "life savings" in one company, let alone a micro cap stock? that's not investing 
Comment by LyChauncey on Oct 05, 2022 7:09pm
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