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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 balkwilljon Apr 27, 2014 12:46pm
558 Views
Post# 22495773

RE:RE:Disappointed long term shareholder

RE:RE:Disappointed long term shareholderHello TripleG2, My understanding is that they have been reaching out to potential partners before now, but having a FS published was the key to having confidentiality agreements signed and the beginning of any meaningful discussions. Without a FS, discussions would have been based on a hypothetical project. The way it was explained to me is that getting CAs signed was key to beginning discussions and the FS was key to getting a CA signed. I encourage others to call or write to NML as well. In recent years, I had treated NML as having somewhat of a floor to their value given the DSO is now shipping ore and will continue to ramp up. Beyond that, I was getting an option on a large Taconite project if it went ahead. Given uncertainty around DSO dividends and the very high price tag associated with Taconites, I'm not so optimistic. I'm just one investor though. No doubt there are others with completely different opinions.
Bullboard Posts