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Are you winning yet?
See you at .05
GLTA & JMO
I've been watching the industry for long enough friend.
And comparing apples to oranges will leave you with donuts.
Your investment, your risk. I'm just saying I've seen this kind of capital model before and it usually leaves shareholders with a capital loss.
Smart management would hvae done a capital raise either through a PP or a bought deal. Usually they dont when they cant.
I hope I am wrong but I doubt it.
How much is Kirin making again?
GLTA & JMO
Steady? Gradually?
It looks more like a company that cant complete a secondary or PP so they discount shares as payment which does nothing for shareholders except marginalize their investments.
Once the rinse happens there may be some upside but that is after everyone here will be wiped out.
GLTA & JMO
LOL.
Sand in the vaseline and Larry still needs to get his.
Management from day 1 has been working over shareholders.
60,000:1 reverese split equivalent.
I cant even make this stuff up.
GLTA & JMO
There never is one planned until its been announced.
Imagine the nose dive if Kirin was to lay that on the table.
LOL
GLTA & JMO
Like I said, this one will go nowhere until the rollback is completed.
Glad I got out in the .60's and even then it was too late.
GLTA & JMO
Its looking good here. Chart is being drawn perfectly..
GLTA & JMO
Warrants are now officially delisting. Same day we hit a new 52 week high.
Good times ahead on our way to a HUGE winner. Looking at $7/8$ by year end.
GLTA & JMO
Yes. There was another R/S.
60,000:1 is where they are at now effectively.
This one should be delisted sooner than later.
I cant even make this stuff up.
GLTA & JMO
Larry really did a number on shareholders.
Sleep with dogs.. you get fleas.
Everyone can thank Larry Kristoff for luring them into this quagmire.
GLTA & JMO
BINGO.
A dilution machine and share selling sham from the start.
Xebec and Fonds de solidarité FTQ launch an investment fund to increase renewable natural gas production in Québec
MONTREAL, (QC), June 1st, 2020 – Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions, and Fonds de solidarité FTQ (the “Fonds”) are proud to announce the creation of the GNR Québec Capital L.P. investment fund. With an initial capitalization of $20 million, this new investment vehicle aims to increase renewable natural gas (RNG) production in Québec. Partners, particularly from the agricultural and municipal sectors, will have access to the capital and expertise needed to develop and operate efficient facilities to treat organic waste. The creation of a fund of this type for renewable natural gas projects is a first in Québec.
Xebec and the Fonds will each initially invest $10 million into the partnership. Over time, Xebec and the Fonds expect that the partnership could receive an aggregate $100 million in equity capital from Xebec, the Fonds and other investors. Xebec and the Fonds’ initiative could, with a 75:25 debt to equity ratio, fund 12 to 15 renewable natural gas projects in Québec with an aggregate investment of $400 million over the next decade. The general partner, GNR Québec Capital Management Inc., overseen by a Board of Directors nominated by Xebec and the Fonds will be managing the partnership.
“We’re proud to once again partner with Xebec to increase the Fonds de solidarité FTQ’s impact in the fight against climate change. Renewable natural gas can accelerate the decarbonization of sectors such as transportation, home heating and industry, by supporting the circular economy through organic waste responsive management activities. This initiative also meets the Fonds’ objectives for a just energy transition by creating jobs and supporting local economies with additional revenue streams for farmers, municipalities, and industry. Xebec is a worldwide leader in renewable gases, and we are excited to have them as a partner in this project for the large-scale rollout of renewable natural gas facilities in Québec,” says Dany Pelletier, Vice President for Investments - Structuring Capital, Energy and Environment, Fonds de solidarité FTQ.
"Our partnership with the Fonds de solidarité FTQ is a great demonstration of how local players can work together to foster the development of the renewable natural gas industry. When we launched this initiative a few years ago, we realized the need for new and better adapted structures to co-invest, develop and operate these facilities in a professional manner. Quebec has become a leading RNG province in Canada and currently has several RNG facilities in operation. Considering that new government regulations, such as the Clean Fuels Standard, will soon come into force and that the need for a higher renewable natural gas content will increase over the next few years, particularly in the utilities sector, we are pleased to partner with the Fonds de solidarité FTQ to accelerate the deployment of renewable gas infrastructures. Going forward, Xebec will seek to create more of these valuable financial partnerships in the field of RNG waste-to-energy conversion in Canada and will continue its mission to bring leading-edge technologies to the sector," said Kurt Sorschak, President and CEO of Xebec Adsorption Inc.
A first-of-its-kind investment vehicle for renewable natural gas projects in Canada
This partnership is an innovative initiative that brings together industry participants (waste management companies, gas utilities, farmers, municipalities) and major financial institutions with a clear mandate to invest in organic waste treatment facilities for the production of renewable natural gas. The market for renewable natural gas in Canada is still in its infancy. In this context, Xebec and the Fonds de solidarité FTQ view this partnership as an essential step to develop and promote the expertise and efforts needed to accelerate the replacement of fossil fuels while supporting sustainable and responsible long-term investment in a waste-to-renewable gas economy in Canada.
GNR Quebec Capital: in line with government objectives for GNR production and greenhouse gas emissions reduction
GNR Quebec Capital L.P. believes that it could play a significant catalyst role in helping to meet government objectives of reducing greenhouse gas emissions and increasing the use of renewable natural gas, while supporting existing developers.
Last March, the Quebec government's 2020-2021 budget allocated $70 million to support RNG production and distribution up to 2022. This measure follows the passing, in March 2019, of regulations mandating the minimum quantity of RNG to be delivered by natural gas distributors at 1% in 2020, and 5% in 2025.
For its part, the Government of Canada announced on April 24, 2020 an updated timeline for the introduction of the Clean Fuels Standard (CFS. The objective of this standard is to achieve an annual reduction in greenhouse gas emissions of 30 million tons by 2030. It will do so by stimulating investment and innovation in low-carbon-intensity fuels while enabling cost effective compliance. Xebec expects that the implementation of the ASC will create significant opportunities for the Canadian renewable gas industry over the next decade.
Xebec to host Webinar on the Partnership
On June 2, at 11:00 a.m. EDT (8:00 a.m. PDT), Xebec management invites shareholders, analysts, investors, media representatives and other stakeholders to participate in a webinar on this innovative partnership. For the occasion, Kurt Sorschak, Xebec's President and CEO, will be joined by Louis Dufour, Xebec's Chief Financial Officer, and Prabhu Rao, Xebec's Chief Operating Officer. The presentation will be followed by a question period.
To Register: https://app.livestorm.co/xebec-adsorption-inc/xebec-and-fonds-de-solidarite-ftq-quebec-rng-partnership-webinar
Believe it.
When you lay with dogs, you get fleas.
And the guys behind this and all other stock selling schemes are the worst kind.
GLTA & JMO
Not likely under the current share table.
After a reverse split it may.
Comparing apples to donuts is not a good idea.
GLTA & JMO
LOL. Colorful and accurate depiction.
GLTA & JMO
Better off buying a 6pack and pouring it down the drain. Saves you a hangover in both scenarios.
I see an R/S here after it hits .02
GLTA & JMO
This one will hit .02
And then I imagine an R/S..
GLTA & JMO
LOL. You cant even make this stuff up.
Never average down.. averaging up is a far better strategy.
There will be an R/S before any profits are made here.
GLTA & JMO
Of course there is.. and this will hit trip zeros for the 4th? time..
YIKES.
Pennyland graveyard is loving this stock.
GLTA & JMO
Looks like the .0729 trade happened at 9:30:00am - it may have not registered on other sites or it may have happened on an exchange they dont track.
GLTA & JMO
Wow.. Anohter HUGE reverse and a 20% drop off the bat.
LMFAO.
Larry you really know how to screw them over and over again..
What a disaster.
Better out with a loss than a tombstone.
GLTA & JMO
This one is down for the 8 count.
Flat-lining into the weekend..
LOL
GLTA & JMO
The companies in question short the stock ahead of the deal and then use the deal shares to cover.
Sneaky but effective.
GLTA & JMO
They have IP that sets them apart from the competition on a technology and systems perspective.
Air Liquide would be a competitor and dwarves XBC in terms of Market Cap.
GLTA & JMO
Has been for years.. and years.
Larry really spiked shareholders from Day 1.
GLTA & JMO
Its called a dead cat bounce.
Shorts covered a bit and the stock reacted.
Just a breather before it continues to fall.
Get ready for a new low..
GLTA & JMO
A good time to relieve yourself of shares. The chances are dilution and downward spiral will continue shortly.
The chart is awful and the stock is broken.
GLTA & JMO
This is a disaster. Look at the infinite OS and the PPS.
Nobody in their right mind would hold this stock unless they are looking for a capital loss.
R/S Cometh.
GLTA & JMO
Why?
I mean really..
GLTA & JMO
What did?
GLTA & JMO
I see your bottom and raise you a false floor..
GLTA & JMO
Almost got 2 crossed off today!
LOL
GLTA & JMO
I guess I was right! And NO. That wasnt a bottom.
LOL
GLTA & JMO
LMAO!
I needed that today.
GLTA & JMO
Unlikely unless dilution stops and the tendered shares are all vested.
GLTA & JMO
We shall see. I marked this post so we can revisit it at .10, .09, etc.
I had this stock a long time ago and sold at .50 with a small loss when it became apparent the shareholders were being used as charitable donations.
We shall see.. :)
GLTA & JMO
LOL.
Back into the toilet. Most likely.
GLTA & JMO