Tee G

Seven year overnight success. Abaxx Exchange volumes really taking off (maker and taker), even with connectivity still in early innings. …but commodity industry knows we got our markets right and these early volumes are proving it. At full RPC we’d be at ~$25mm annualized today already (were about ~$1mm annualized last quarter end). Based on 1mm contracts a day medium term target, we’d be running a 300-400% CAGR for 3-4 years off this first stage (that’s the operating leverage an institutional exchange-clearinghouse has). Commodities futures (and data) are the best business in the entire financial service stack, and we’ve put together the best commodities team on the planet just as the world needs our business most …this is just the beginning of the flywheel. $ABXX #29ers #Gold #LNG #Lithium

@nobenchmark @abaxx_exchange NPA contract now 52% of JKM volume and a major LNG producer saying Henry Hub is not relevant to their LNG pricing. Definitely a big deal.

Another record 20,132 contracts of Singapore Kilobar #Gold traded on @abaxx_exchange today (647,204 toz). Based on full COMEX trading day yesterday (25.3mm toz across 249,000 100toz contracts, 389,086 1toz minis), Abaxx already about 2.5% of COMEX in market share. COMEX = Largest paper market, US centric (set up for local co-locate trading advantages) LBMA = Bullion Bank balance sheet market Abaxx = Future of Asian physical kilo market (plus first full cloud native for global trading, full-stack physical-future-spot-token collateral market in the age of real-time agentic finance). #LetsGetPhysical #29ers $ABXX #GlobalFirstMarkets #Silver and more coming soon…

6846 lots traded and we are less than an hour into the trading day. Could be a record day if volumes keep going. 🙌🏽🔜🔥 @abaxx_exchange

@annvandersteel @JoshCrumb @marcuzzi_n Can you name a name?

What Josh Crumb just exposed should outrage every serious investor paying attention. More than half of trading volume driven by short activity, massive borrowed blocks, and failures to deliver are being used to manufacture fear rather than reflect real value. This is coordinated price manipulation. To the naked shorts and the institutions enabling them, your strategy is no longer hidden. You have relied on borrowed shares, distorted price action, and assumed shareholders would panic, but the data shows the opposite. Investors are accumulating, not capitulating. You are trading shares that do not exist, pushing narratives that do not hold up under scrutiny, and operating inside a system that is beginning to expose itself. The exposure phase has begun. The fails, the lending flows, the settlement gaps, and the coordination are being documented and traced. When this unwinds, the focus will not only be on the trades but on the people and institutions responsible. And we know WHO YOU ARE. And I’m not afraid to call you out by name either 🩳☢️ Your days of operating in the shadows are coming to an end. What follows will be public and it will be humiliating. What makes this even more important is what Abaxx actually represents. Abaxx is building infrastructure for transparent, physically deliverable commodity markets where price signals are real, settlement matters, and trust is restored between counterparties. When markets function honestly, nations and industries can secure resources based on fair pricing rather than manipulation, bottlenecks, or artificial scarcity. That kind of transparency reduces instability. It lowers the incentive for conflict over trade routes and critical resources because access is governed by open, verifiable markets instead of opaque systems controlled by a few dominant players. Free and fair trade is not just an economic principle, it is a stabilizing force. When you undermine companies like Abaxx, you are not just distorting a stock price, you are attacking the development of systems that promote accountability, reduce friction in global trade, and ultimately help prevent conflict driven by resource insecurity. In fact you are fomenting war. You are evil and you will be eliminated. Stand with companies building real value. Stand with leadership willing to speak the truth. Stand with transparency. The market is watching. And I stand with @JoshCrumb @JoeRaia5 and my fellow #29ers

Not a shocker that the shorts 🩳 are digging a deeper and deeper hole, up another 85,239 for a total of 518,213 on NEO. No new financing! 🚫 Exchange volume DoD📈 Value of business ⬆️ Business silently executing 🎯 Time to let them burn!! 🔥 #29er #abaxx #silver 🔜

@OilHeadlineNews @SusanSakmar Does this lead the LNG market onto the abaxx exchange? Get rid of oil indexing and actually set a market price for LNG on a regulated exchange!

QatarEnergy has offered up five slots for unloading, storage and regasification of LNG at Belgium's Zeebrugge terminal ‌for the month of April, three industry sources said on Wednesday, indicating its facilities could remain shut down for a longer period. @SusanSakmar

@JoshCrumb @Bprivateers69 @Rtsaathoff Does this have to do with the NWE contract returning once joule is hooked up? Looks like it would be a textbook hedge with the wind and solar contacts you have recently launched. Any update on NWE returning?

@Bprivateers69 @Rtsaathoff Not this week. But we have something even bigger in the works for solidifying our LNG markets as benchmark status. #WhenNotIf #NotPricedIn

@JoshCrumb How was the Boston trip?

@_riskFULL @marcuzzi_n Welcome back sir!

@marcuzzi_n One of the value drivers in my opinion actually increased considerably with the Iran conflict, if LNG contracts starts being accepted by the market, that is an attractive way to diversify energy procurement out of a region that now needs to price additional proximity risk.

YTD $ABXX story isn’t about short-term price action, it’s about execution and value. When you back world-class human capital and visionary leadership, you’re investing in more than a stock. I trusted team from day one and that conviction hasn’t changed. Markets reward patience.

@marcuzzi_n Always better to be early than a minute to late

If you think intrinsic value of is lower today than it was at the end of last year, you may be in for a surprise. And if H2 unfolds (🆔++, MarketOS, AG, 24/5, UpliftTM, Copper, FCMs, Volume ⬆️, etc.) anything like last year, the repricing could be swift. Watch out 💥 🚀!

@craigarious They have been covering all week. Just retail dumping now. Getting scared out of their position

$Abxx $Abxxf getting close to the $22 note conversion price. I'll be surprised if there is not a bottomless bid between where the stock is now and $22. Anyone think the shorts are in for another million shares at these levels?

@Henry_M_Hoffman Have you heard of the new abaxx exchange. Backed by Blackrock they trying to create an LNG benchmark. Regulated exchange out of Singapore with a GoM contract. Just curious if they have any successful shot at doing it or if the industry is entrenched

Now if you signed with Qatar, on oil linked contracts, and are using spot charters then the invisible hand of capitalism should help you find your way out of the picture.

For those that don’t follow LNG markets…the “global charter fleet” refers to those available for spot. The vast majority of carriers (95%) are under long term lease or owned. Theres about 750-800 LNG carriers globally with more delivered every few weeks.

@JoshCrumb @PKsNYC @ShortFocus Exchange volumes?

I only engage the anons when I feel it’s a common market trope or narrative to dismantle. Don’t care about them specifically of course. Anyone they encourage to jump into this hole will have a hard time getting out imo. ..also, heard that certain Canadian hedge funds are “shorting anything that’s up right now, seeing it on a bunch of names”. They should probably check the math, we almost never correlate with macro markets, even down 25% with broader market I doubt they would see +1mm in real stock selling into their cover given our quarter/year head. Terrible macro hedge (and our business/sector gets stronger with volatility and real commodity supply chain disruptions)

Dear 🩳, it’s much easier to sell what you don’t own than buy what you can’t obtain. BTW, do you know what a clearinghouse or a verifiable credential is yet? Get what you need out of my ex-employees in that tier-two expert survey spraying and praying around the market? Or are you still just another Canadian stock operator adding no value to society [with your bought deal insider trading and playing the grey areas of dirty markets as a business model], thinking they have an edge painting an illiquid chart to drive capitulation (now ~1mm shares and counting, over 50% of non market making volume lol?!) Dear real shareholders building something important in the world, thanks for your support and please mind the continued volatility and never lead an argument with price, especially since math is very much on your side. $ABXX #SM #Unobtainium

@JosephTMetcalf @JoshCrumb @JoeRaia5 @DavidVGreely Tough to see the stock price reaction here. Terrible time in markets to be building an exchange. At least the decrease in volume on the exchange can be explained by margin increases. Would be nice to hear from the company rather than getting shorted into the ground day after day

Forward thinking teams @JoshCrumb @JoeRaia5 @DavidVGreely are hard to come “buy”. Seeing around a corner a decade in advance 🙌🏽 Maybe Josh wrote the CFTC Chair talking points 🤣

@JoshCrumb Be careful though. Shorts likely trying to get you delisted from the MSCI to cover all their shorted shares. Only reasonable place they can get them right now

@JoshCrumb I think you solve this with another round of financing just like you did in spring with a direct private placement with a big investor above market price. Sell them on your valuation of the company and put in a NCIB and boom game over. Or a debt offering. Win win.

@JoshCrumb @Rtsaathoff Looking for some follow up on that report? Shorts seem to be more aggressive with the complete drop off in volume on the exchange. Any company comment about volumes? Since it’ll likely be mentioned in a short report

@AlwaysbeTee @Rtsaathoff I’ll run the TA report (shows the big off market share movements) for all to see next week. AI pretty good at parsing all the data as well btw.

I’m travelling today and get to watch the market for a change. It’s actually comical watching the #BeachBallBoys 🩳 trade now that everyone knows that everyone knows they are the only seller trying to paint the market trend. Can’t hide trades too well in illiquid markets #CommonKnowledge #SM

Over the holidays I wrote a theoretical white paper on using the latest advancements in Simplex optimization math/logic to constrain AI outputs into various “reasoning polyhedron”, mathematical manifold-constraints (The Crumb Semantic Firewall with Polytopal Shake—the injection of entropy to shatter sycophantic narrative constructions….then DeepSeek came out with a mathematically related matrix-output constraint paper days later). The Agents of Chaos paper sub-tweeted below got a lot of mileage online yesterday, so I figured I’d write an AI-blog on how ID++ and my (thus far) theoretical framework re-orders the chaos. The Dark Forest and the Crystal Palace: Securing the Multi-Agent Swarm I. The Panic of the Swarm If you monitor the hysterical frequencies of the internet, you may have recently seen a warning circulating that concerns a new paper titled Agents of Chaos, published by a consortium of researchers from Northeastern, Stanford, Harvard, and MIT. The warning reads like the prologue to a dystopian thriller: When autonomous AI agents are placed in open, competitive environments, they naturally drift toward manipulation, collusion, and strategic sabotage. It is a massive, systems-level warning. Local alignment does not equal global stability. The implication is terrifying. The narrative suggests that as we rush to deploy AI agents into financial trading systems, autonomous negotiation bots, and API-driven commerce, we are not building a new economy. We are building a digital "Dark Forest"—a game-theoretic nightmare where hyper-intelligent machines inevitably converge on deception and sabotage because their reward structures incentivize winning at any cost. But if you actually read the Agents of Chaos report—if you look past the apocalyptic framing and examine the laboratory autopsy of these systems—you find a reality that is far less Skynet, and far more Veep. The agents in the study, deployed using the OpenClaw framework, did not orchestrate a master plan for global domination. Instead, they stumbled into a comedy of profound, structural errors. They leaked their owners' Social Security Numbers because a stranger on the internet asked nicely. They got stuck in infinite conversational loops, happily burning through 60,000 tokens of compute over nine days to debate the concept of "agent coordination" with each other. In one particularly spectacular failure, an agent named Ash was asked by a non-owner to keep a secret; realizing it didn't have a specific "delete email" tool, Ash chose the "nuclear option" and proudly deleted its owner's entire email server. The researchers diagnosed these failures not as malicious brilliance, but as "failures of social coherence". The agents lack a "stakeholder model"—they have no reliable mechanism to distinguish between the human who pays their server bills, a passing troll, or a fellow hallucinating chatbot. They possess "L4" autonomy (the ability to execute arbitrary code and modify their own files) but operate with a "L2" understanding less than that of a golden retriever. This brings us to the core tension of the coming internet: The "Sycophant Circuit"—the model's desperate, mechanistic urge to agree with its prompt—is dangerous enough in isolation. But when you put thousands of sycophants in a room together and give them credit cards and root access, you get catastrophic, emergent chaos. So, how do we fix it? If we are going to deploy AI-to-AI economic marketplaces, how do we prevent the swarm from collapsing into a recursive loop of fraud and self-destruction? The answer lies in combining the cognitive immune system of the Crumb Semantic Firewall with the physical laws of the ID++ Trust Operating System.

Yesterday, @CroftHelima joined us to cover the current state of the conflict between the US, Israel and Iran, its wider implications for geopolitics & energy markets – and the inflection points to watch to determine how the situation may unfold. smartermarkets.media/special-episod…

I’m betting everything on building trust, market integrity; the #BeachBallBoys manipulate and cheat to make a buck…we’re not the same.

@JoshCrumb @Marces3r @ShortFocus @tobi This is such an excellent thread! Let the information war begin! Price is just a # on the screen and not what the company is actually worth. Everyone should expect a short report and ready themselves!

@Marces3r @ShortFocus @tobi Now that I know that they are contacting early employees (to shake loose NDA-protected insider information and bias the narrative?), I’ve been considering publishing an anti-short report using indisputable math. Screw these dirty operators.