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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 JOBUSHEMAon Dec 24, 2019 9:28pm
105 Views
Post# 30489263

RE:RE:RE:RE:Any updates - the board has been silent for a long time

RE:RE:RE:RE:Any updates - the board has been silent for a long timeWill TSMC handcuff NML management considering the leverage they have in saving their jobs by preventing the shareholder takeover bid by factoring their vote share in support of the management. 

I was present in that AGM. Walked in on the hope that we could see a change favouring small investors but could sense the news when I walked in that TMSC supported the managemetn and they had majority of votes to keep their posts. However, the silver lining is that board saw the writing on the wall and hence reduced expenses and we see a much better financial situation. 

Bullboard Posts