@ChipsOToole6@UpslopeCapital@Caprico_Uruk Plus the cash and the tactonite mine. The current share price is so stupid and anyone still short at $32 is hoping to get out very soon or is an actual idiot.
@ChipsOToole6@UpslopeCapital@Caprico_Uruk He's never going to recognize that they could sell the company for parts to a prediction market for at least $25 a share. Licensed exchange and clearinghouse in Singapore with fbot and about to have all the ISV/data/FCM connections needed is worth a lot all on it's own right now
@UpslopeCapital@Caprico_Uruk They're being completely upfront. The call last night was very instructive for anyone who wants to understand the business
@UpslopeCapital@Caprico_Uruk And "the flywheel has started" implies nothing about the progress except it is on their way. Considering they will have 20 FCMs onboarded soon, I don't know how you can possibly disagree with that statement. Bloomberg is also onboarding. So underline it in red all you want.
Looks like @PKsNYC has a friend with a terminal who confirmed that Bloomberg is onboarding $ABXX.TO!!
Screenshot from WhatsApp but text copy and pasted from terminal.
Abaxx will soon have their data on all of the major financial platforms.
@UpslopeCapital@Caprico_Uruk Abaxx is very much up front about the current state of the market and what is needed to get the next stage -onboarding FCMs, ISVs and data providers. If you're a Ben graham value investor and think abaxx is overvalued, fine. No need to misrepresent what they themselves say.
@insiwest@abaxx_tech@JoshCrumb Iirc they have a couple strategics with ownership stakes in abaxx Singapore. Traxys Lithium Investments & TLW Trading. They entered with cboe but afaik are still in.
@thewatsonview I need to offer a correction to my ISV post. It is the same as a month ago, 4 in pipeline, not 7. But that does mean that LSEG as a data vendor is not counted as a ISV. I would assume the same for Bloomberg.
@haloaerospace@AIMhonesty The people that run abaxx Singapore (which is run very independently from abaxx tech) are not going to jail for Josh. Period. Time to move on, you will get no honest answers from this criminal
@New_User543@thewatsonview A trader has a data vendor (bloomberg or LSEG or both), an ISV they place an order through, and a FCM they use to fill the order. They need all three to have their full workflow set to trade on abaxx. Onboarding is hard.
@thewatsonview Bloomberg was confirmed as onboarding by someone with a terminal a month or two ago . . so definitely bloomberg. Bloomberg customer support confirmed.
@New_User543@thewatsonview yeah I am a little unsure if bloomberg and LSEG count as ISV's for this purpose or not. They may not have included them in their onboarding stats at all as they are data vendors.
@gruust they barely dilute for operating capital, about 2% a year. C'mon dude, don't lie and don't spout off misinfo if you are not educated.
The easy way of launching an exchange, what ICE did, means giving away a ton of equity to big banks. masive dilution. not 2%