Well there you have it. Talk about a mountain out of a molehill @AIMhonesty. Abaxx complied with regulations in reporting the sale. Unless your argument is now that CBOE is still material today and that a reasonable investor would look be influenced in investing based on a relationship 2.5 years ago. then you truly are a lost cause.

Really disappointed @StockJabber in your brief coverage of Viceroy’s hack job of a report. You sent it to your 87k followers and presented their report as possibly valid even though so many of us here picked it apart for its lies, deception, misinterpretation, duplication, and gross exaggeration. Instead you focused on @JoshCrumb response to it being “short and distort” and not at all on the material misrepresentation and lies spread it. The first thing 87k of your followers will think now of Abaxx as “wash-trading” which is far from the truth. I was reading what I could of your Substack and it seems like you put an effort in quality focusing on journalistic integrity. Don’t even trade to remove bias as best as possible. You would have known how awful that report was if you took the time to read our counter points and look at it without your short bias. Instead you copy and pasted their headlines and further spread the damage. Maybe your first response will be “I just summarized their claims” and to that I would counter you have agency in what you post. “A lie can travel halfway around the world while the truth is putting on its shoes”. You are complicit in spreading it under the guise of “just reporting” without sharing the in depth responses from the other side. I read your Andrew Left article and while I disagree with you strongly there, I agree the damage pump and dumps and fraud does (Valeant Pharmaceuticals for example). I’m disappointed you don’t recognize the reverse. Activist short sellers shorting a company and then posting material misinformation and deception at 8am before markets open to trigger panic and stop losses while using that panic to cover. Their commitment to their “research” exists only as long as it takes to cover. This is no different than a shady pump and dumper buying up shares secretly, posting manipulative puff pieces, involving their friends to pump the stock with other accounts and then dump on those they swindled. From your own article you ask what should be the proper time until you trade a position you hold a public view. I can’t tell you. But it is most certainly longer than immediately after posting their research that you yourself admit is when most activists cover the majority of their position. You call it “industry standard practice” and maybe thats the problem with your industry if standard practice is having zero commitment to the piece they put out to the world, even when it is at times factually incorrect and even bordering criminal activity. The damage is done, the profits have been made, and on to the next target right?

A couple thoughts going into the weekend before I log off (unless something juicy appears). $ABXX.TO - Abaxx closed almost 5% higher since shorts starting throwing the best they had at it. Most of which was misfactual, duplicative, and highly deceptive. - I have never seen so many accounts appearing out of nowhere claiming to have no position in the stock be so combative. Odd... - Involving the MAS only made the situation worse for shorts as MAS already had all of Abaxx's exchange activity. Be careful when claiming "fraud" while posting materially wrong information (with hopes of profiting) and then sending that evidence to a government body who takes their laws very seriously. - There was ~1.5 million shorts before the report. We should see an update soon as to how many covered on this report. Which is the typical strategy. They have a week or so until we/they find out the real numbers. Maybe in the group chats they will spend the weekend consoling each other they didn't cover yet? Someone will be left holding the illiquid short. - Speaking of which, Abaxx is very illiquid so there is limited options outside of illiquid warrants (which may or may not be still available) to manage their infinite short risk. - This report has made me more bullish then ever as with all their digging (in places even I didn't think to look) they mostly couldn't find anything that we already didn't know. Have a great weekend!

Apparently materially misrepresenting senior executive positions is "semantics & typo". Who would have thought.

Took me about 4 hours to write. Hope I gave some justice to the misrepresentation of Abaxx in the report. $ABXX.TO

Fun fact! The Viceroy "Research Report" duplicated pages and just simply rearranged some text and images to make it appear bigger. Example on pages 6 and pages 27. Was this maliciously done for a shocking "45 page" report when really its much smaller? A lot of duplication here.

I will go through it more deeply tonight. Maybe write a longer report on things I believe are factually wrong. Releasing it at 8am on the 200 DMA was clearly designed to induce panic selling and not give anyone time to properly research it. $ABXX.TO

Is it legal to say they burn 20-30 million a quarter at the top but then show the latest quarter here shows 17 million? And then is it legal to financially profit based on the material misrepresentation?

Looking like more physical onboarding to Abaxx contracts with a 5-7x spike compared to avg in OI over the last couple days

Fun fact, between May 16 to May 31st, Abaxx $ABXX.TO was shorted more than 98% of all the TSX in terms of both % of volume and % of value. Across the entire Canadian stock market they were in the 98.6% percentile. Could be market makers in there and included the raise.

Like Andrea mentioned, this company needed Minehub $MHUB.NE for more traceability requirements from their customers. I mentioned this in my article 18 months ago that 2027 is when many regulations come into effect. So here is a quick overview of those again: California - Mandatory Scope 3 emissions reporting, 2027 Australia - Mandatory scope 3 emissions reporting, 2027 Japan - Mandatory scope 3 emissions reporting, 2027 EU - Mandatory scope 3 emissions reporting, 2027 EU (CBAM) - importers must report carbon emissions, 2027 UK, Canada, Brazil, South Korea, UAE, Turkey all require material scope 3 emissions at varying stages in 2027. Not quite as in depth but once you have to do it for the above, might as well get it ready for them. Then you get into the non carbon regulations. EU Deforestation Regulation - monitor deforestation of 7 key commodities starting 2027. EU Battery - Supply chain tracking of batteries with third party verification, 2027 EU Forced Labour Regulation, 2027 All of these have different sizes and scope of the companies they target with varying timelines based on company size. One thing they do share in common is that monitoring of supply chains will be a legal requirement for many countries in 2027 and digitization using companies like Minehub is the way to do it.

Abaxx’s $ABXX.TO first million in trading revenue took 159 trading days. Then it took 35 trading days for the second million, then 24 for the third. Now today, just 17 trading days later for the 4th million! Only a matter of time until it is measured in hours.

It is possible that this shipment is related to the recent Minehub $MHUB.V PR. Andrea confirmed it went to European smelter which could be Aurubis. There are connections there. Fun fact though: Co-owner of Kamoa is Zijn Mining. Massive. Could generate $7.5 million USD revenue for Minehub. If only there was another connection to Minehub. Would be cool if they worked with Minehub before on copper products....

Focusing on Minehub $MHUB.NE directly - 28 paying customers!! Up from 10 since end of October last year. - Added $800k in contracted ARR. I think this will grow significantly once they start with their Iron ore partnerships. - Their latest partner they were able to track ESG metrics from mine to end customer, of which most importantly was Scope 3 emissions which will become a legal requirement entering 2027 for many countries around the world. - They are up to 40 people working full-time contractors and looking to grow the team. - They have 18 AI agents working in the background - Launching an AI advisory service to help companies - They are building a very AI native company. - Jules AI acquisition went extremely smooth. Culturally aligned. - Integrating Minehub platform into Mitigram to help with trade finance. Very powerful on trade finance. - Surecomp had management changes so things slowed down. Re-engaged with them after Sumitomo PR. Working on pitching companies together in Japan. - Minespider has a lot of traction in Automobiles and governments, Minehub helps with the tracking realtime. Not trying to compete with them because it has so many edge cases that Minespider handles. - Moving to semi-annual reporting, they only had 2 people handling all finance. It was just too much especially with Jules. ⁃ Looking into more M&A. Big pipeline of targets. Really great interview!

Update on Abaxx $ABXX.TO and Minehub $MHUB.NE Partnership - They continue to work with Abaxx on the pilot. Hoping to announce something soon. They have been engaging with banks on getting discounts on financing. I think this is massive will explain more below. - Secondly they are working with Abaxx on a specific commodity right now. Abaxx is already tracking shipments on Minehub platform. The end goal being Abaxx will use Minehub for ALL contracts that get physically settled. I mentioned this was likely the case in on of my articles and will create a significant customer onboarding for Minehub enhancing the network effects of the Minehub platform. - Will be some time on revenue on digital title, not even this year on Minehub side. - Minehub has gotten overwhelming feedback that this is massive. They will instantly sign up to Minehub if they can get financing discount with digital title. So why is the financing discounts big? Because once they announce they have been able to get financing discounts for companies using the platform, they now have an upper limit for pricing of tech. If they can get a 0.X% discount to finance using Minehub/Abaxx then they can charge 0-0.X% for their platform. If Minehub can charge 0.05% for example, that is 0.05% in revenue on the world’s global commodity trade. Quick estimate shows >$7 trillion in financing for commodity transactions. This creates a TAM opportunity of $3.5 billion for Minehub in terms of revenue on top of everything else. As I mentioned also in my article earlier, Finance discounts are the foot in the door to be highly competitive to incumbent exchanges for Abaxx. If companies can get nice discounts to use Minehub and Abaxx, then they will trade and ideally go to delivery on Abaxx contracts. Oil for example would be ripe for disruption for tanker financing.

If you are still using JKM, or TTF, or HH as a price marker for physical LNG on water you are doing something wrong when Abaxx PHYSICALLY delivered contracts are already 40% of JKM volumes. Soon you will just look silly using JKM when Abaxx LNG is bigger than JKM

Update on Minehub $MHUB.V . Rothschild's fund have since filed this morning and taken ownership in Minehub to 10.59%. Thank you for your attention to this matter.