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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

Comment by RoyKerron Dec 23, 2020 9:35am
428 Views
Post# 32168208

RE:RE:RE:RE:RE:ABXX

RE:RE:RE:RE:RE:ABXXWhy? this is not a retail hype ipo stock like $DASH. Josh Crumb and team are did not go public to cash out, therefore they went RTO and listed on a somewhat niche exchange.

The next stage of the business plan requires $10 million SGD cash insurance for the exchange and to give stock options liquidity so attracting talent is doable. Going public make this possible.

Retail investors should only be here because of the vision and the management team, fully cognizant of the risks, not because they want to double their money in an ipo hype cycle. The Next 4-6 months are going to be crucial, btw. If you are nervous or cannot afford total losses in a high risk fintech, maybe bail. If not, enjoy the ride with the rest of us! Risk is the price of massive upside.

just my humble opinon, please please please do not take my word for anything, Due Dilligence!
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