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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Industrials
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 > did share holders get any cash back out of all of this?
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Post by holographicbrea on Feb 15, 2023 10:15am

did share holders get any cash back out of all of this?

did share holders get any cash back out of all of this?
Comment by chiefdale on Feb 15, 2023 12:52pm
Will see and the next comming weeks. In the sixth report, they mention with those divisions sales going on, the cash will be kept in trust by the Monitors Deloitte until a subsequent order from the court. Will soon be fixed by how much will be left after as the mention in the report "which is expected to provide for payments or holdbacks in favour of the beneficiaries of the CCAA charges ...more  
Comment by InPersona on Feb 15, 2023 2:50pm
Relax. After the dust settles there'll be a share swap or buyout offered. 
Comment by dalesio_98 on Feb 15, 2023 10:03pm
You are joking, right!
Comment by InPersona on Feb 15, 2023 11:35pm
It would be kind of tasteless to make fun of "short' people.
Comment by InPersona on Feb 15, 2023 11:38pm
It would be bad manners to make fun of SHORT people.
FormerXBC Inc