Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

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

Abaxx Technologies Inc

Bullboard Posts

Comment by musingon Jun 27, 2009 12:59pm

289 Views

Post# 16103359

RE: RE: RE: RE: RE: RE: Tata Steel to up stake in

Townie, I'm almost certain that you are right. That is the way these deals work. Senior companies finance the treasury (of NML in our case) and in return become a part owners of the company (in NML's case 19.9% of ownership), acquire a right of first refusal to buy a specified percentage of production BUT at market value. Hence, Tata benefits by nailing down secure supply of material and benefits from being a shareholder, a very influential shareholder, of NML. NML benefits because it gets $ that permits it to get into production and has a ready customer.

Bullboard Posts

Who, why, and what of the great "Crypto Surge"