Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

Abaxx Technologies Inc. is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions secure. The Company is primarily focused on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition.

NEO:ABXX - Post by User

Abaxx Technologies Inc

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Post by StockscoutXon Mar 19, 2016 5:43pm

159 Views

Post# 24679586

There is not enough cash to wait for a turn around!

The iron ore sector is going through a perfect storm that will probably last for several years more and only the strong will survive, NML will not be one of them. Whoever still believes in NML is totally disconnected from reality. Furthermore, the time will come when there will be not enough cash to keep the lights open at NML and pay the salaries. Therefore, they will declare bankruptcy. Period.

All in my opinion.

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