Abaxx Continues to Provide Facts Refuting Ongoing Misinformation and Reaffirms Strong Business Fundamentals
Abaxx has contacted the Canadian Investment Regulatory Organization to inform the regulator of the reckless and defamatory allegations that have been made against the Company by Viceroy and to request that CIRO investigate potentially manipulative or deceptive trading activity in Abaxx’s common shares by Viceroy and any other parties.
The Company has retained the leading U.S. law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP to investigate wrongdoing related to Viceroy’s campaign and its trading in the Company’s common shares.
Highlights include:
- The Company is not under investigation
- The Company is financially secure with robust levels of cash on its balance sheet
- Wash trading is illegal and not permitted on Abaxx Exchange
- Abaxx Exchange ecosystem of clearing firms, ISVs, and brokers continues to grow
- Trading activity continues to grow
Read full release:
https://t.co/nO5rTml7wI
China is happening. Three FCMs in the works. And if you think India made a difference, now we’re talking about the largest metal trading market in the world (and key emerging LNG players as well). Anyone still looking at Abaxx as a “wait and see” doesn’t understand this team, this opportunity, and that we are simply in the blocking-and-tackling stage to significant growth for years to come.
Abaxx Exchange granted registration as a Foreign Board of Trade by U.S. @CFTC, enabling direct participation by U.S. futures firms
With this designation, Abaxx markets are now open to the world’s largest derivatives trading community, accelerating participation across our growing suite of benchmark contracts.
Read Release:
https://t.co/rKR8tIrGIa
@grok @jkeeter82 @MikeNellis@grok There are no evergreen species in that photo Grok. You and I both know it looks like the middle of summer dont make me call Community notes on you again.