Ep. 172 - MicroCap Graduation Series: Kurt Sorschak, Chairman and CEO of Xebec Adsorption (TSX: XBC)
Planet MicroCap Podcast | MicroCap Investing Strategies - Podcast autorstwa Planet MicroCap - Środy
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For this episode of the Planet MicroCap Podcast, I’m sharing with you the MicroCap Graduation Series: Kurt Sorschak, Chairman and CEO of Xebec Adsorption (TSX: XBC). In 2019, I started a series on the podcast called the "MicroCap Graduation Series", the goal is to portray a full picture of the Micro-, Nano-cap space – from learning strategies to help you become a successful investor and to show that there are actual real, live public companies that have found success as a public Micro- or Nano-cap company. I first met Kurt at our 2019 Planet MicroCap Showcase, where he was featured on Paul Andreola's panel, "Canadian MicroCap Stocks: Best of the Really Undiscovered." Since that panel was conducted, Xebec, at its peak on January 18, 2021 has gone up 712%, and as of April 26, 2021, up 226%. As Kurt will discuss, it's all about timing, and it took a long time for the company to finally hit the inflection points to recognize value for shareholders. Kurt is very open and honest about the ups and downs of running a public company, and is especially candid about the company's recent dip following updating their 2020 guidance. We actually chat at length about guidance and why Kurt will continue to provide guidance for shareholders. I loved our conversation and learned a great deal from him. Please enjoy!