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Xebec Receives Multiple Hydrogen Purification Orders for C$ 3.1 million
Montreal, Quebec (FSCwire) - Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions for the industrial, energy and renewables marketplace, announced today that it has booked several hydrogen purification orders in the past weeks, totaling over C$ 3.1 million, for delivery in the next 6 to 8 months.
Orders have been won from customers in Japan, Taiwan, Italy and Canada, reflecting the growing demand for hydrogen-based solutions for transport, stationary fuel cells, and refinery off-gases.
"As hydrogen driven energy solutions are gaining traction worldwide, it is great to see that an increasing number of international clients are choosing Xebec’s reliable and low-cost purification technology. Renewable energy projects like the generation and storage of hydrogen and renewable hydrogen (RH2) will be one of the key drivers in the global energy transition."
– Kurt Sorschak, President and CEO, Xebec Adsorption Inc.
Did You Know?
According to the Hydrogen Council, hydrogen can offer economically viable, financially attractive, and socially beneficial answers to the challenges of transitioning to low-carbon energy and improving air quality in cities. The vision for the hydrogen economy in 2050 is the first comprehensive quantification of the long-term potential of hydrogen as a central pillar of the energy transformation.
It would avoid 6 Gt of CO2 emissions
It would create a US$ 2.5 trillion market for hydrogen and fuel cell equipment
Annual demand for hydrogen could increase tenfold by 2050
It would provide sustainable employment for more than 30 million people.
Related links:
http://hydrogencouncil.com/wp-content/uploads/2017/06/Hydrogen-Council-Vision-Document.pdf
http://hydrogencouncil.com/hydrogen-scaling-up-new-roadmap-launches-at-cop-23
https://www.xebecinc.com
For more information:
Xebec Adsorption Inc.
Sandi Murphy, Director, Investor Relations and Communications
+1 450.979.8718 smurphy@xebecinc.com
About Xebec Adsorption Inc.
Xebec Adsorption Inc. is a global provider of gas generation, purification and filtration solutions for the industrial, energy and renewables marketplace. Its customers range from small to multi-national corporations and governments looking to reduce their carbon footprints. Headquartered in Montreal (QC), Xebec designs, engineers and manufactures innovative and transformative products, and has more than 1,500 customers worldwide. With two manufacturing facilities in Montreal and Shanghai, as well as a sales and distribution network in North America, Europe, and Asia, Xebec trades on the TSX Venture Exchange under the symbol XBC. For additional information on the company, its products and services, visit Xebec at xebecinc.com.
You realize that this means the warrants will be even cheaper for those who hold them than they originally were.
The exercise price of the warrant will reduce to 85% of the closing price of the Company’s common stock if the closing price of the Company’s common stock is less than $0.008 on July 31, 2018.
And what exactly does that mean?
Aug is just about here
Logic is few and far between.
But soon tuition will be evident.
The bid keeps getting cratered and the spread remains a disaster.
Instant haircuts to all new investors as the reverse split approaches.
Are we at .05 yet? LOL
Whats 200 X .001?
I cant even make this stuff up.
GLTA & JMO
Will be interesting to see the close here today when the back half of the car wash hits.
LOL
GLTA & JMO
Obviously there is NO PROOF.
There is only carrot dangling and BS floaters put forth to try and keep this from hitting the floor.
IT WONT HELP.
GLTA & JMO
Still waiting on the proof to back up this nonsense..
Oh, right here last year before 1000% rallies.
You mean BUY the Reverse Split?
GOOD IDEA! *wink wink*
Shareholders about to become charitable donors.
Tax write-off cometh.
I cant even make this stuff up.
GLTA & JMO
Really? 7 years ago?
LMFAO.
Been in a downward spiral for years. The only thing thats been increasing is the amount of shares.
Desperate times call for desperate cherry-picking.
Stick to the FACTS.
I cant even make this stuff up.
GLTA & JMO
Another new 62 week low is almost here folks.
Lower lows and lower highs are being put in ahead of the RS.
The next dump will crater the BID into trip zeros.
The 3 year chart doesnt lie.
Wouldnt want to hold this over the weekend only to wake up on Monday to SGSI being on the daily split list.
GLTA & JMO
As soon as SGSI hits the daily list with its Reverse Split it will be a whole new level of hurt.
Double zeros will seem like a dream.
And after the RS - it will be the end of most investments.
Toxic note holders will decimate the PPS back down to sub-penny.
Believe it.
GLTA & JMO
LOL.
Never heard of an RS creating wealth for shareholders.
Even insiders have divested themselves of common shares.
ITS NOT ROCKET SURGERY!
Shareholders should be livid.
GLTA & JMO
Shareholders will be wiped out long before then.
GLTA & JMO
LMAO.
Thats how WHALES get turned into GUPPIES.
An instant haircut of 20%+
I cant even make this stuff up.
GLTA & JMO
.002’s on deck.
GLTA & JMO
Its dropping due to “weak hands@ being shaken out.
LMFAO
I cant even make this stuff up.
GLTA & JMO
No no no.
Its Gasprom. Or was it Lafarge?
LMAO
Desperation is thick in the air. Insiders wont even touch this with their own money.
GLTA & JMO
Boom!
Well played.
SGSI pitching BS and Smoke.
Shareholders getting taken to the cleaners.
At least they will be a capital loss to claim.
GLTA & JMO
Looks like someone fat-fingered a broken telephone in the mexican washroom.
GLTA & JMO
Its all BS.
Even operating income in the latest Q was a LOSS.
Its just one big bowl of Cheeri-OHS. With a side of Fruit Loops.
GLTA & JMO
Yep.
.007 is a dream now for shareholders so underwater they cant even imagine selling.
Soon .003 will seem like an oasis.
Eventually selling pre-split will seem like a missed opportunity.
The PPS just keeps sinking ahead of a 200:1 Reverse Split.
Shareholders should be livid. SGSI's community marketing team should be fired and at the very least held accountable for investors losses.
I cant even make this stuff up.
GLTA & JMO
WRONG.
Read the filings.
NET LOSS.
And revenues are not even on pace to meet those hilarious targets insiders put forth to excite shareholders.
The carrot dangling has turned into an onion pity party.
GLTA & JMO
OOPS.
.003 Beers
Silent Cheers.
An epic reverse split cometh..
GLTA & JMO
The bottom is .0001
Fresh lows and lower highs.
An RS is going to wipe out anyone still stuck in this disaster after the filing.
GLTA & JMO
LMAO.
I was thinking the same thing..
Wouldn't they keep those shares because they are going to be worth so much more soon?!
LOL
Dilute everything before the RS; Dilute everything after the RS.
I cant even make this stuff up.
GLTA & JMO
Thanks for the play by play.
LOL
Cant wait to see how the RS affects perception.
And its coming..
GLTA & JMO
Not sure what that means.
Please provide some insight for the scenario below:
What happens after toxic note holders start selling shares into a Post-split PPS?
Do shareholders still retain the same percentage or does their ownership % get DILUTED?
What happens after toxic note holders start selling shares into a Post-split PPS?
Do shareholders still retain the same percentage or does their ownership % get DILUTED?
I mean really..
GLTA & JMO
The future holds a 200 to 1 reverse split.
Its in the filings.
Life is good, better outside of SGSI-ville.
Watch and see.
GLTA & JMO
SGSI is the laughing stock of the OTCB right now.
Even Larry wouldnt touch this one with a 10 foot pole.
NET LOSS
TOXIC NOTES
FRESH 52 WEEK LOWS
NO INSIDER OWNERSHIP
REVERSE SPLIT ON DECK
FLUFFY PRS / FAR-FETCHED PROMISES
Textbook Nevada share selling ploy.
I cant even make this stuff up.
GLTA & JMO
Its pretty obvious.
Munro was being diplomatic in his characterization of why they sold those subs. To improve P&L is business speak for "to dump our losers and invest in our winners".
SGSI is just about to take what little value it has remaining and reverse split it into oblivion.
Ponder and Hayter arent even touching their own stock. Larry who saddled shareholders with all this garbage has fled, and is now in the wind.
I feel sorry for anyone stuck in this investment quagmire.
Tuition is very expensive in Pennyland.
Just my 2 cents, or 6 SGSI shares.
GLTA & JMO
Its impossible to fix stupid.
The RS should really help align reality.
LOL
SGSI shareholders should be livid.
I cant even make this stuff up.
GLTA & JMO
From the ICLD filings:
“Mark Munro, CEO of InterCloud stated, “The sale of this business asset is a continued attempt to realign InterCloud’s business units around profitable higher margin work. The AW Solutions sale has given InterCloud the opportunity to continue to improve our P&L and balance sheet. InterCloud is exploring the sale of other non-core assets as well. This reorganization is providing us the changes necessary to attract conventional asset based lending solutions in order to fuel growth in our core areas.”
GLTA & JMO
Read the ICLD filings.
Good luck.
GLTA & JMO
Cherry-picking.
Selective semantics.
ICLD had disclosed the subs that are now SGSI were the worst performing pieces of ICLD.
Read the filings/news release associated with the acquisitions.
GLTA & JMO
ICLD sold those entities as they were the poorest of performing subs.
No need to piece together speculative extrapolations.
The TRUTH will be here shortly.
Along with trip zeros; pre or post-split is the question.
GLTA & JMO
Probability based on the forecast of untrustworthy insider sources who have yet to prove their mettle?
Hope!
This SHOULD hit trip zeros just before the RS.
That is a prediction rooted in objective reasoning.
GLTA & JMO