Post by
ZouZS3 on Dec 14, 2022 6:58pm
Can't believe some of comments ceo.ca
OESDADInstead of griping on here about it why not just wait and see what happens. It’s not adding any value trying to poke at other posters and making others anxious about their potential losses. In the grand scheme, I believe XBC will come out of this stronger and this was all orchestrated from the time new leadership came in. National bank offered their foundation report perhaps a week before the halt? I suggest reading through all documented details and drawing an educated conclusion that is more than simple conjecture.
BassPilot - I believe management is looking to sell a non-core asset and renegotiate some existing debt while they conserve cash. Most of what I am reading from other sources is all conjecture and speculation. I dont see the company wiping out their own employees and shareholders. The company is worth a lot - the piece the may be selling is just a fraction of the entire business so will not cover all their debts obviously.
BassPilot - The company continues to operate and backfill headcount. IMO they will emerge stronger than ever. NBC and EDC would not support a bridge loan to a company that has no future.
BassPilot - Of course they do.. but they will still take this vacation from creditors to build up capital reserves and perhaps sell a non-core asset for some cushion. As they said in Q3 MD&A.
BassPilot - The first bid is always the floor. Its the last bid you want to keep an eye on. ;)
BassPilot]Dont believe anything you hear from the peanut gallery.. nobody knows whats really happening. Lots of short sellers praying XBC falters. On February 3rd we will know whats what.. no sense in trying to speculate. The ones that have the most to say are usually the least knowledgeable.
Comment by
iiioiii on Dec 14, 2022 8:48pm
Heh. Ya, sure? They sound like perfectly reasonable and balanced comments to me; there's no harm in patiently waiting for a definitive answer (unless you're really keen on that tax loss for this year). Sadly though, hubris almost always comes with a price. I assume yours was bitterness?
Comment by
ZouZS3 on Dec 14, 2022 9:59pm
Keep dreaming my friend. Acting like you got all the answers and sh*t. BassPilot, whoever this is, was also wrong about the whole shabang for a very very long time and is still not showing humility up until now. Xebec is dead, caputt, nada, niet, zero, zilch. Get used to it.
Comment by
OptimusPrime77 on Dec 15, 2022 6:53am
Companies love clowns like you so they can continue stealing people's livelyhood. That attitude will not change anything but continue theft from hard working people. People are responsible yes but companies should not bare zero responibility.
Comment by
ZouZS3 on Dec 14, 2022 10:00pm
Reasonable and balanced? Hahaha Give me a break