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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 > Any hope left?
View:
Post by StiveG on Feb 27, 2023 7:12am

Any hope left?

So, any hope left at this point for the shareholders? If so, why? If not, why not?
Comment by InPersona on Feb 27, 2023 9:38pm
IVYS Energy Solutions purchased Xebec as a going concern. Its EC is Xebecs's former CEO. With all the green floating around for green investment, a stock swap followed by an IPO is not too far-fetched.
Comment by Farmer9 on Feb 28, 2023 2:17am
Stock swap?  How does a stock swap entail with a company not even listed on a stock exchange?  What is being swapped for what? You are grasping at straws. 
Comment by InPersona on Feb 28, 2023 4:29pm
IVYS is a private company with shareholders. Xebec, a formerly publicly-traded company with shareholders, is being purchased as a going concern. Shares didn't vanish. Think Twitter in reverse.          
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