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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 > The sell-off continues
View:
Post by Hesiod07 on Feb 28, 2023 1:05pm

The sell-off continues

Guess who's behind Ivys? Prabhu. Who is obviously doing what many shareholders thought XBC management would be doing, ie. running with a great opportunity to the benefit of all. What a pity.
Comment by overnout on Feb 28, 2023 7:41pm
Maybe he'll roll the assets into the shell - Geez
Comment by rltchk on Mar 01, 2023 2:25pm
wow what a difference in leadership... CEO of Ivys Energy Solutions, says “I have known Prabhu for 25 years of my career and am convinced of his ability to propel our company and mission toward impactful growth, with a principled, fair and people-first approach.” If ever goes public would be a great team to invest money in.
Comment by LongoGlueStick on Mar 01, 2023 4:09pm
I don't know what the CEO of IVYS sees in Prahbu.   Prahbu is responsible for destroying  Xebec and making it go bankrupt.
Comment by InPersona on Mar 01, 2023 7:08pm
I guess he sees the same thing as Xebec employees see: dollar signs.
Comment by ferret_ca on Mar 02, 2023 9:34pm
the guy that destroyed xbc was kurt.
Comment by dalesio_98 on Mar 02, 2023 11:36pm
How many members constituted the Xebec Board? Were they YES men? Each member of the Board has a vote, quorum is required and decision taken by the majority.
Comment by Possibleidiot01 on Mar 05, 2023 11:20am
Failure all the way down from the top . COO failed with contracts that were poorly estimated and written , and was dismissed. CEO vision may have been valid but execution failed. Board failed to handle the problems witht the strategy and execution. Management is not one singular person.
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