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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched 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. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. 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. The Abaxx Verifier is a secure password, identity and verification application.


NEO:ABXX - Post by User

Bullboard Posts
Comment by brax21on Jul 17, 2007 1:28am
133 Views
Post# 13099245

RE: Power

RE: PowerGoldtoe Power is a very minor issue in the big picture of this project. It really shouldn't be considered as a concern. Sure NML has had some roadblocks and detours over the last few years primarily caused by a certain government but they are very much still on track to have two great producing locations. As far as your statement referring to management being content to draw salary and options, none of these guys need money and only a few of them are on the payroll. This is not a "pump and dump" type play with this management group, I have rarely seen any shares sold to date by the insiders. They have the shareholders best interest at heart and are searching out the best partner for the deal and they will find one that is best overall. Look at this situation as a UTS and their Fort Hills land. A couple of years ago they were a little known company under a buck. Petro Canada joins in and they hit about $3, Teck joins in about a year later. They have recently announced it will take $33 billion and they will be producing in 2014. NML's project will be a tenth of that cost and likely much better cash flow. Trust me, when NML's engine is firing on all cylinders you won't be disappointed with the wait Take care and thanks for your past input brax21
Bullboard Posts