Abaxx Investor Update Call - Q2 2022 Positive update from Abaxx today. Here are my main takeaways:
1. Macroeconomic trends continue to validate Abaxx thesis.
2. FCMs have been identified and will be onboarded in the second half of this year.
3. Plenty of capital to achieve major company objectives in the next 6-12 months without dilution.
4. When the exchange is launched, building market liquidity will be bolstered by the fact that Abaxx will be providing a product that is currently being demanded by market participants - many of which have been consulting with Abaxx directly. Abaxx won’t necessarily be trying to pry market share away from existing products on the market.
5. Abaxx spin-off Base Carbon will likely start generating revenues next year. Abaxx will be earning a royalty on these revenues. It is projected that within just 5-7 years, Base will be in a position to exercise the buy-out of the royalty agreement for $150M (USD).
#5 alone is worth double the current Abaxx market cap. Lol.