skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. XBC: Peter and His Wonder Team Please give me the status of this company. [Xebec Adsorption Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Peter and His Wonder Team
Please give me the status of this company. I believe they are in receivership or have gone bankrupt as they have not traded for some time. I trust there is no possibility of them coming back and it is a total tax loss!
Thank you for the clarification.
Asked by Ernest on November 08, 2023
5i Research Answer:

XEBEQ Technically it has a listing. Its last trade for more than $0 was on October 17 at $0.00001 per share. But all of the company's assets have been sold and we would not expect equity to be worth anything. That being said, there was a $5M class action settlement reached in July but the deadline for applying for this has expired. But with the amount of shares outstanding and legal fees the actual payout would have been miniscule. This one is dead for all intents and purposes.