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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Post by arh0070on Feb 16, 2023 3:46pm
195 Views
Post# 35290642

Bnxa

BnxaStill no news from BNXA.
There are some less than complimentary views on Mr Carosa on CEO:CA ,with which I tend to agree .
I did notice today that after one being able to View Mr Carosas tweets on Twitter you now have to ask permission to follow .He has been on Twitter for some time (several years).
Bid/ask on pink sheets has gone down with the bid being 30 cents US.
I had bought some cheap shares on the pink sheets between 20-25 cents some weeks ago in the hope that the "audit" issues would be resolved quickly .It is apparent now that this is not the case ,so decided to sell out all my BNXA over the last 2-3 weeks ,not worth the risk, made a decent profit.
In my opinion the retail shareholders are likely to be stiffed and the only winners will be the insiders and hedge funds .
Feel sorry for all those who bought shares on the Canadian exchange and who believed all the rubbish put out on the Bulletin boards by people who have now pretty much disappeared .
I am not sure who's quickly the Cryptos will recover ,may still be quite a while .
Interest rates have risen a lot so now possible to make decent returns on bonds .


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