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Bullboard - Stock Discussion Forum 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... see more

NEO:ABXX - Post Discussion

Abaxx Technologies Inc > Press release implies delays on launch
View:
Post by JJJRRR on Aug 27, 2021 12:38pm

Press release implies delays on launch

So much for a September launch!
I guess that's why the stock is dropping!
Target staff levels in the operations, regulatory, risk and tech departments are on track. Remaining operations staff will be scaled up over coming months as the project progresses towards launch. Senior and middle line leadership have developed and completed the necessary training programs for new staff onboarding
Comment by bayoubucks on Aug 27, 2021 4:02pm
Agree.  Nothing reduces managements credibility than to not meet timelines.
Comment by afewdB54 on Aug 30, 2021 12:37pm
Already second delay.  I dont like that.
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