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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

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

Post by Jethro980on Feb 23, 2022 10:24pm
230 Views
Post# 34456348

Abaxx presentation view

Abaxx presentation viewListened to the presentation and can finally (thankfully) say I understand more now. This said at this stage it is a pig in a poke because again we are relying on tech applications which are unproven and a sales process which is unproven. I appreciated the candor (clarity) on the answers this time especially the issue of competition which I have worried about. Re the Base thing it is still very muddy as to what it is (how it will work) but we seem to have a good interest in it. And the ownership of Abaxx re Abaxx at this time is still strong enabling partners to come on board without giving away the shop. All this said, at this time I am holding very long since years ago with NML and have added to my position. This one really is a gamble but due to the possibility of massive appreciation assuming the technology is advanced and worthwhile and the sales processes are solid and we get partners / customers then this could be a great success. In summary buy and hold but don't expect a windfall for at least a few years if ever.
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