Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The one good thing Benny suggested was that if I was not happy with AABB, to sell my shares and buy Blue Chip stocks, which I did with half of my sold shares. Big returns, thank you Benny. Still have large block of AABB. Will be buying more if starts to move.
I shall be honest and forthcoming, unlike many others. Now that the price increase surge has run its course, For Some Reason, Benny has discontinued posting and disappeared again, for the time being. I guess he had nothing more to say. To the longs, Benny cares only about Benny and Benny's interests and his oversized ego. He doesn't give a hoot about you, any of you all.
Interesting post, Are you a insider that has all of this information or just guessing what's going to happen. We will see if in fact they do release any information this month or by the end of the year. GLTA
JUST HMMM!! WHEN AABB RECIEVES BUT DOES NOT RELEASE IT BRINGS ON THE BEAR POLICE? WHILE AABB ATTEMPTS TO MAXAMIZE!! THE BEARS THEY TRY TO PENALIZE?? JUST A QUICK READ ALLOWS ONE TO REMEMBER THE RELEASE IS EXPECTED IN SEPTEMBER!! JUST NOT CLEAR TO WHOM THOUGH? BUT JUST ONE THING I DO KNOW!! I AM INVESTED!! SO, BUY THE WAY I'M HERE TO STAY!! HOLDING UNTIL SEVERAL EIGHT-FOOT-WIDE COWS COME!! JUST PROSPEROUSLY PROSPECTING THE PROCESS!! YIN YAN FULL CIRCLE!! GLTA!!
It will be released in the coming weeks of this month, their just holding off to surprise those dirty rotten MM'S and catch them off gaurd with the 13 billion shares naked shorted🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄
Come on don't you know by now Torres has it all planned out🙄🙄🙄🙄🙄🙄🙄🙄.Those dirty rotten MM'S don't know what is coming to them,this 4 penny stock is going to bankrupt all of them and that dirty Kenny G is going to have to sell everything he owns to settle up his short position on a 4 penny otc stock!🤣🤣🤣🤣🤣
This company is going to change the financial system with their 3 or us it 4th version of a golden token and payment system that nobody's using yet! I'm looking at my new Lamborghini online on the life changing fortune I'm going to make in the coming weeks of some year! Still waiting for my cheque from Kenny G for payment on my posts on a stock that I own!
AABB management in a news release on August 14th said that the first week of September the technical Drill report would be released as of to day nothing. Is that a clue.?????????????
LONGS KNOW there is HUGE VALUE here. AABB exceeded $0.60 twice in 2021. This will be Dollars soon enough .IMHO!!
Pennies to Pirate You all know what is up! Only a few. Hope not true. you can edit but ....only edit...what you know Just like .micro..nano..edit. and thank you for 911 to . Now we don't have personality
Decentralized Currency
Go $AABB
Back to back NI 43-101 reports? Is AABB traded on a Canadian exchange? Why are they showing compliance with a Canadian law, when they are solely OTC (U.S.) traded?
gitreal ... Now You're Grasping at Straws! Clearly You are Losing it, or Boss-Man is Cracking the Whip! Just Wait and See What the New Micon Bonanza NI 43-101 Resource Report Shows! 1 Mistake, O.K., but Back to Back NI 43-101 Reports? You can do Better, just Relax! 😇
First you think Micon is well Respected, then you say maybe they just didn't do their DD! Make up your mind already!
What part of that did you not understand? Even well-respected companies can make mistakes and not research their client well enough. Or, out of a shortage of work, accept work from a client that has a shady history. Hope they got paid in cash. Up front.
gitreal... Based on the Same Data? NO, New Samples, New Data! First you think Micon is well Respected, then you say maybe they just didn't do their DD! Make up your mind already! New Wallet Partnership, New Heavy Equipment has been Delivered Including Drills, New Processing Facility Close to Completion and if there is a Margin Call, Billions of Air Shares will be Discovered to have been Sold to Retail IMHO! It's No Wonder ALL of you Naysayers are Losing Your Minds! Note Closure & The Share Buy-Back may Really Send your Gang Over the Edge! :)😇
Exactly!!! And..... remember when the value of the note startled dwindling?? They agreed to increase it again!! Completely unnecessary and to the huge detriment of investors.
W/C backing is no longer needed and wanted, and if the gold that is generated achieves significant short term profits, than there will be no further "borrowing from W/C.
WC backing was never needed. They took out the note for less than a million when they already had 10 million in cash. They are not currently borrowing from WC. They borrowed once aka the NOTE and have converted over 2 billion shares since to only pay off a few hundred thousand. You should know this already.
The one detail I can add to the topic of the buy-back and negotiation with the lender White Castle, is that the debt to White Castle has been reduced repeatedly to what appears to be a substantially reduced amount, specifically $434,000, down about $40K from the prior quarter, and down about $50K from the quarter before that, according to the quarterly financial report.
While I will not deny that I am , in large part , speculating about this in a somewhat biased thinking, it could be argued that the debt is gradually being reduced in moderate amounts each quarter since the October 2023 announcement.
Further speculation might suggest that IF? WHEN the processing plant is processing gold and silver, there will likely come a time when W/C backing is no longer needed and wanted, and if the gold that is generated achieves significant short term profits, than there will be no further "borrowing from W/C.
Therefore, I could make the argument that AABB has made an arrangement with W/C, to reduce the debt, while taking sufficient time to complete the processing plant and get it up and operational AND generating gold= $$$$.
If so, then AABB is , in fact, in the process of the settlement. It just was not announced. All of us, Bashers and Longs, ME,I am closely considering dates/ timelines, and looking for delays, etc. So , if you/we were the CEO, would I provide definite dates in the PR's only to get kicked in the teeth, if I'm late? Think about this.
PENNY, That PR was almost a year ago. A share buyback doesn't take a year to complete, and it said they were finalizing the debt resolution. This, too, doesn't take a year. Stop the BS. You love to talk about what was PR'd. Be honest and call them out when the PR is fluff and never implemented.
LAS VEGAS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has negotiated a debt settlement with a long-time note holder and one of the originating financiers of AABB. Management has been diligently working towards this debt resolution for sometime and is now in the process of finalizing and planning the details of the settlement arrangement.
Additionally, the Board of Directors has approved a Share Buyback Program whereby the Company agrees to use its treasury funds to purchase up to $12 million dollars in AABB shares from the publicly traded market place. In recent months, the Company has been facilitating the Buyback setup and logistics in anticipation of beginning the Program.
What could Micon say about the Bonanza Mine that they didn't say the first time? Very low grade, embarrassingly low tonnage, no infrastructure to support mining, townspeople pissed off at them, violation of drilling permit caused them to shut down mid-hole, no QA/QC.
An absolute sh*t show. But Micon will somehow, amazingly, issue a glowing report based on the same data?
Frankly, I am pretty disappointed that a well respected engineering firm like Micon stooped so low by doing a report for AABB the first time. Maybe they just didn't do their DD. If they do another report...? They will eventually end up regretting it, IMO.
Denial of truth.
Now that's hilarious.
WOW! The Pathetic Tag Team is REALLY GETTING NERVOUS! Micon Bonanza NI 43-101 Resource Report On The Way, COVER ALREADY! :)😇
You're Not Actually Going to Bring Up Shame are You!
Yes, again, you should be ashamed. Justifying and supporting a Dilution Scam like AABB that has raked in $150 million+ on a single Toxic Note issued for a million bucks makes you complicit. You might realize someday how much grief you have helped bring to investors over the last few years, but probably not. You seem unable/unwilling to have any compassion for screwed-over investors. But perhaps that moment will come when you are named in an SEC complaint that identifies the string of associates that were enlisted to pump this scam.
gitreal ... You're Not Actually Going to Bring Up Shame are You! What's Shameful is the Accusations, Board Manipulation & Denial of the Truth Posted by Naysayers! At Least my Posts are Based on DD from Pictures, Mining History, Official Sites, Write-Ups and PR's that have been Confirmed! Stacking the Board with Negative Posts Won't Change Anything! AABB Investors SEE THE PROGRESS MADE TO DATE, I'm Taking Another Break from Responding to Your Gang of Shameful Naysayers! Sad Crew, Very Sad IMHO! 💤
Repeating the same lies doesn't make them true.
What's your evidence for billions of air shares? Oh yeah, you said it was "in the works". So, no evidence.
Have you no shame?
AABB Investors have a Long Pipeline of Catalysts to Look Forward To ... Let's Start with the Micon Bonanza NI 43-101 Resource Report that should be Released this Week! Note Closure Finalization and a 12 Million Dollar Share Buy-Back has been PR'ed, so Up-Dates will Follow IMO! The New State of the Art Processing Facility with In House Evaluation Lab has Progressed Very Rapidly and will be Completed soon, 200 TPD to 1000 TPD when Fully Ramped-Up! Partnership PR'ed to Up-Date the AABB Wallet Featuring AABBG Gold Backed Tokens with Global Exchange Connections! An Entire ECOSYSTEM with Gold Backed Tokens, NFTs, Mines, Ore Stockpile, New Processing Facility with Evaluation Lab, Up-Dated Wallet, Global Exchange Connections, Now Silver has been PR'ed, Merchant/Retail Payment System & 2 Dividends Distributed already with a 3rd BOD Approved! Ignore the Noise, Proven DD on the Official Mexican Mining Site and Processing Facility Pictures even the Naysayers can't Deny! They have Billions of Naked Short Shares to be Nervous About IMVHO! :)😇
the useless worthless first NFT'S that the suckers that bought them can't give them away for free!
Anybody that paid good money for an idiotic AI-generated Baboon picture must feel like a real idiot about now. Especially since they are probably also the owners of worthless AABBG crypto.
Great post, shows tremendous dissatisfaction in the management unable to complete any of their commitments to benefit of the coming investors.
Pennypirate, please explain how they sold the Guerrero mine for 60 million and now there is no record whatsoever of the mine producing any minerals whatsoever? Explain why they refuse to perform an audit which might prove to the MM'S that they actually have a trustworthy financial statement? Explain why over 3 years ago that they had a news release that an audit would be performed in the near future, 3 YEARS AGO ALREADY? Explain how they have all ready released a wallet, payaabb, golden tokens over 3 years ago and NOBODY BOUGHT INTO IT,besides a few fools who can't give their golden tokens away for free! Explain why they need a 675k loan to keep afloat if they honestly had 60 million in cash and 30 million in gold? Friendly loan my ass,100s of millions of dollars made by WC from this friendly loan! Explain why supposedly Torres and the other 3 useless twats had to invest in shares to provide capital for the company, when they had 60 million and 30 million in gold! Explain why they had multiple upon multiple news releases about moving this supposed 30 million in gold to a brand new secured facility and nothing has happened to prove it! I could go on and on about every single news release that never happened except for one,the useless worthless first NFT'S that the suckers that bought them can't give them away for free! Let's not forget my 2 absolutely worthless dividends that still aren't tradeable going on 3 years! Brics isn't interested in this company quit with the bullshit hoping you can dump your shares on some newbie investors, your turning into another Bennymojo with your bullshit posts! By the way where is that slimy dishwashing weasel these days?
Can Shares be Converted and Distributed over Time keeping Under 5% Held by any One Investor?
No
You've outdone yourself PP!! A Mt. Everest-sized pile of fabrications, broken promises, hype, fantasy, and outright lies.
You like emojis? Here's one that summarizes your post....... 🤮
I had to leave Benny's boat...to many Mango drinks and we ran out of booze. 🚢
Heading over to Bonanza...to bad work conditions were bad back in the day and they had to close the mine early. There is Gold n Silver in them there Hills.
Go $AABB
JUST THANKS FOR THE AFFIRMATION COMING FROM A BEARISH STATION...EXPLAINING WHY THE NEED FOR THE NEW STATE-OF-THE-ART PROCESSING PLANTS CREATION!! MAYBE JUST MAYBE JUST ONE OF MANY TO PROCESS THE MEXICAN MINES OF MANY!! JUST LOCATION! LOCATION! LOCATION! JUST MIGHT BE PART OF AABBs VOCATION!! AFTER ALL IN GENERAL IT'S ALL ABOUT THE MINERAL!!!!TIME WILL TELL!! HOLDING UNTIL SEVERAL EIGHT-FOOT-WIDE COWS COME HOME!! YIN YAN A PROSPEROUS FULL CIRCLE!! GOOD LUCK TO ALL!!
DGJR ... Fragmented? No, ECOSYSTEM Segments/Components! Solid Foundation Comprising of Gold/Silver Mines, Gold/Silver Ore Stock-Pile, New State of the Art Processing Facility with In House Evaluation Lab! Remember how AABB got here, the Sale of a Mine that Many Naysayers say never happened! Cash is Now On Hand, Bullion in the Vault, An Exchange Wallet Featuring AABBG Gold Backed Tokens that has been PR'ed to be Up-Dated with a Partnership, Possibly Connections to Global Exchanges and maybe even PayAABB, the Merchant/Retail Payment System! AABB Management PR'ed Silver and the Possibility of another Token (AABBS)! I see Your Fragments as an Ecosystem being put together. The Note that many call Toxic may not be so Toxic in the end as it was PR'ed to be Negotiated or in the Process of being Finalized. Can Certs. be Pulled? Can Shares be Converted and Distributed over Time keeping Under 5% Held by any One Investor? Has Management made a Deal for Cash, Preferred Shares or Both? Are Future Spin-Offs/Fragmentation of ECOSYSTEM Segments/Components Part of a Negotiated Deal/Finalization? You've been here 5 Years, what Possibilities have you come up with? I'm O.K. with the Many Moving Parts because the Foundation is Very Solid and I see the Need for Crypto Stability with Gold and Now Possibly Silver! You are Involved with AABB 5 Years for Good Reason I Imagine, at least I hope so for you! That Said, there are many other Possibilities happening besides a Note that may NOT BE so TOXIC AFTERALL from a Friendly Financier IMHO! How about Acknowledging a Possible Master Plan with a Focus on Building a Trusted Gold Backed Stable Token for Global Utilization, Silver also, Merchant/Retail Payment System come to Mind? As this Processing Facility gets Closer to Completion, so does the Beginning of AABB and it's RISE in the Crypto Arena! Enough has been Accomplished for Investors to make an Informed Decision about AABB IMO, Management will Continue to PR New Developments! IMHO the Potential here is Enormous, it's being Built and they will Come! "The Future Is Secure" with AABB and Gold/Silver Backed Crypto! :) 😇
And why even hide that he's a >5% owner? If "Clive" was really holding 2 billion shares, why not just declare it, as he's legally required to do?
Mr. Imaginary Clive has sold every share he acquired at $0.0004. End of story.
It's not legal to hold shares through several separate entities to remain under 5%. You know this already though.
Penny, I have been involved with AABB and AABBG for over 5 years and have read and heard the same things over and over. Its time for management to finally close on something. IMHO they are way to fragmented. Your post shows that.
Converted then Dispersed to Shareholders!
Sooo...sold. Got it, thanks.
gitreal ... Converted then Dispersed to Shareholders! Management PR'ed Note Closure Settlement/Finalization was in Process, I'm Exploring all Possibilities, Including Ecosystem Spin-Offs, Segments/Components! If they are Not (5% or More) in WCs/Clives Control, it would Explain why they have Not been Reported IMO! Why Can't we Find Clive or White Castle Capital? Why Can't we Find who the International Bankers are who Finance the Federal Reserve, Even when the Federal Reserve Chairman is asked Under Oath? I'm Sure Even You Would Admit Naked Short Selling is Real and IMHO, Very Possible with this OTC that has Teeth in the Stabilization of Crypto with GOLD! I've Responded, but Still Disagree with You! :)😇
What does that mean "under the umbrella"? If they are still under his control, he owns more than 5% .
If they are not under his control, he has sold.
There really is no in between and no magic way to hide converted shares.
Gotta give you credit though...at least you attempted to explain how several billion shares could be converted but not sold. Unlike the Professional Liar Benny who has never offered any substance to back up his sick allusion to skinned cats.
BTW, you cannot even prove there is a "Clive" or "White Castle Capital". Fabricated, just like company management.
And as I thought, you have no proof or even any actual evidence of billions of naked short shares. "In the works"..LOL, good one!
gitreal ... No, Not the End of Story! Converted Shares to Multiple Investors Under the Clive/WC Umbrella, Not Sold! About Naked Short Shares Sold to Retail - Yet to be Proven/Revealed, but In the Works IMHO! Margin Call, Investigation, Legal Action or Simply MMs/Hedge Funds Start to Cover and the Shareprice will Reflect their doing so! Far from End of Story, It's Just Beginning for AABB! :)😇
Can you Show us that Clive/WC has Sold Converted Shares?
The company "financials" have never shown Clive as a >5% owner. So... he's sold. End of story.
IMO it's Easier to Prove Billions of Naked Short Shares Here!
Go for it. Prove it.
gitreal ... Who's Got Amnesia? It was PR'ed a While Ago, the Note Closure Negotiations were in Process! That's NOT NEGATIVE, Neither is a 12 Million Share Buy-Back, just waiting for the Up-Dates! First the Micon Bonanza NI 43-101 Resource Report! An Entire Pipe-Line of Catalysts, Including a soon to be Completed Processing Facility and You Place a Negative Bet on a Note that may in Fact be from a Friendly Financier and could be Easily Finalized with Preferred Shares and or Cash! How about Pulled Certs.? AABB is OTC Compliant, are Less than 5% of those Shares in Multiple Investors Hands, Other Possibilities? Can you Show us that Clive/WC has Sold Converted Shares? IMO it's Easier to Prove Billions of Naked Short Shares Here! Just a Reminder for You ... COMPLETE ECOSYSTEM, SHARE BUY-BACK/S, NOTE CLOSURE FINALIZATION, MAJOR OS REDUCTION, MARGIN CALL = MOASS (Mother Of All Share Squeezes) & COMPLETE AABB ECOSYSTEM SUCCESS are ALL REAL POSSIBILITIES! :) 😇
See NOTHING NEGATIVE here besides the Constant Bashing IMVHO! :)😇
You must have a vision deficiency. Clive's Toxic Note From Hell is " NOTHING NEGATIVE"???
DGJR - Management is Building an Entire Gold/Silver Stable Crypto Ecosystem from the Ground Up! An OTC with a Focus (PR'ed) to Grow into a Major Exchange Listing, it has Begun IMO! The Foundation of Mines, Ore Stock-Pile, Processing Facility with Evaluation Lab is SOLID IMVHO! Missing Dates or Strategizing the Business Plan? The Recent PR about Drilling Equipment Delivery should Help Boost Confidence that Previous Core Samples were Good Enough to Move Forward! Bonanza Micon NI 43-101 Report is On the Way, let's see what it Reveals in Terms of Expanded Resources and Grades! I've Not seen any Management Excuses PR'ed, Just Up-Dates on Continued Progress! All the PR'ed Segments/Components of the AABB Ecosystem are Still in Play IMO! As Management Negotiates and Clears the Business/Ecosystem Hurdles, The Progress & Development Completions will be Continuously PR'ed as Always! What's Not to Like about this OTC Start-Up with this Much Potential? I See NOTHING NEGATIVE here besides the Constant Bashing IMVHO! :)😇
Interesting thing here. Have discussed with faculty members of one of the largest Mining schools in the world. No one has heard of it taking 3 to 4 years to completely analyze core samples. If you recall, several years ago we were shown pictures of drilling for cores and a warehouse full of cores. Continuous excuses ?????????????, now they have missed another date.
AABB - The Right Place (De-Centralized Stable Crypto with Gold/Silver) at the Right Time (Central Banks are Buying Gold, BRICS Membership has a Waiting List, U.S. Banks are Over-Leveraged and Closing Branches)! Wall Street Thieves are Losing Their Grip on the Economy, Like it or Not, Global Financial Change is On the Way IMO! AABB has Gold/Silver Mines, Ore Stock-Pile, Cash On Hand, Bullion in the Vault, Processing Capabilities with a New State of the Art Plant & Evaluation Lab! Partnering News with Global Exchange Reach and New Wallet (Up-Dated Features to be Revealed)! AABB = FOCUS on Decentralized Crypto Stability with Gold and Now Silver! Naked Shorting to the Tune of Billions Here IMHO! My Only Questions are - Will the MMs/Hedge Funds/Dark Pool Naked Shorters get Bailed-Out this Time by Trump or The "Chameleon" Harris or Not at all! As AABB Management Un-Leashes the Long List of Catalysts, Processing will Commence and Confirmed Micon NI 43-101 Resources In the Ground WILL BENEFIT the Bottom Line/Shareprice IMO! :)😇
Three years chart shows .20 cent. OTC will set an example.
Nope, pennypirate none of those predictions are going to happen, might see a Bonanza micron report but it means nothing to the share price, it is minerals in the ground, not in the bank! The only thing getting pulled will be Bennymojo by Mr Daniels and Bennymojo might get his 10 big ones up the yingyang! Only and the ONLY thing that will move the share price is profit per share and with 3.4 BILLION SHARES OUT AND COUNTING you better hope for a miracle because they need to mine thousands upon thousands of ounces of gold to make any profit whatsoever! PERIOD!Still praying for one more pump and dump so I can sell this piece of dogdew!
Exciting Times for AABB Investors with Many Catalysts in the Pipeline! Micon Bonanza NI 43-101 On the Way! Who Knows What Follows - Note Closure, Share Buy-Back/s Update, New Gold/Silver Mine Acquisition/s, Major OS Reduction, Spin-Offs or Even Pulled Certs. are Rumored! The Foundation is Clearly Strong and AABB Awareness is Increasing! "The Future Is Secure" with AABB & the Stability of Gold! Now that Silver is in the Mix, The Merchant/Retail Payment System has Another Precious Metal to Utilize in Small Increments = Exciting! :) 😍
Inference not...I know you are a globe ...lol
So what do you do with anything today in this world....and OOHH AI? Put you further in the hole. For sure...all about control.
Decentralized Currency
Go $AABB
Followers
|
745
|
Posters
|
|
Posts (Today)
|
8
|
Posts (Total)
|
109614
|
Created
|
10/26/08
|
Type
|
Free
|
Moderators PENNY PIRATE Huggy Bear gitreal ChanceVision Babubd DGJR |
LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has now confirmed a December 28, 2021, release date for its proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch.
In collaboration with the Company’s digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of the Exchange. There have now been 150 cryptocurrency Exchange trading pairs added into to the BCGateway platform and 50 more trading pairs are planned to be added in the coming weeks. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website.
https://www.stocktitan.net/news/AABB/asia-broadband-sets-december-launch-date-for-proprietary-97e217qbixc3.html
Located in the prolific mining region of Acaponeta in Nayarit, Mexico, the Bonanza property has shown high-grade gold assay results from recent samples and drilling activities with the most significant gold values of more than 10 grams per ton (g/t). Company management is excited by the Bonanza acquisition for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits
AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-155700261.html
Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange
LAS VEGAS, Nov. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has recorded over $1.1 million in AABBG Gold Token sales within the recent 4 week period ending November 15, in advance of the imminent launch of the proprietary cryptocurrency exchange (the “Exchange”). AABB’s primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets of North America and Europe and expand globally to other predominant and high growth market areas. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency.
The launch of the Company’s AABB Wallet in March 2021 introduced its AABBG token’s initial release to the market that is backed by $30 million in physical gold the Company currently holds. Further token releases will continue to be backed 100% by additional physical gold acquired from the Company’s future mining production, gold purchased from cash reserves or credit. At today’s market price of gold, the one-tenth (0.1) gram of gold backing the AABBG token price is approximately $5.96 USD. The token price is tied to and supported by the Company at the market price of gold at a minimum. As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease. However, the potential upside price of the token will be driven by market demand after the Exchange launch.
Additionally, the Company is continuing to collaborate diligently with the Exchange developer to integrate and test the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. Just recently, over 100 cryptocurrency Exchange trading pairs have been added into to the BCGateway platform. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch.
https://ca.finance.yahoo.com/news/asia-broadband-exceeds-1-1-154300335.html
Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange
LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. AABB management and the development team are excited in anticipation of the approaching Exchange launch.
The new platform of the Exchange, the BCGateway, is complete. This allows for an expanding number of cryptocurrencies to be added. The BCGateway platform now accepts and supports 82 cryptocurrencies to purchase the AABBG token in the AABB Wallet, as shown on the new Exchange website AABBExchange.com. Trade pairs for exchange are also being created from this growing list of cryptocurrencies.
Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. The network has also become more robust with a larger capacity for increases in transaction volume. Generally, the BCGateway will stimulate transaction growth by allowing for reduced blockchain gas fees for all currencies and increases in speed of deposits, withdrawals, and internal transactions.
https://ca.finance.yahoo.com/news/asia-broadband-prepares-imminent-launch-153000269.html
Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico
LAS VEGAS, Oct. 21, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has signed a definitive joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project and 100% of the current and future gold production from the property. The Company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792 hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. In addition, negotiations are ongoing to add additional concessions to the Tequila Project joint venture.
The Tequila property is currently producing gold, silver and base metals from its 25 ton per day (tpd) processing facility and all efforts are underway to significantly increase daily production capacity with a mill facilities expansion installation in the first quarter of 2022. AABB will be continuing the previous exploration and drilling program on the Tequila property done by a Canadian mining company that revealed multiple gold and silver mineralization veins with high-grade potential. The additional development work on the property will facilitate the completion of a professional geological resource assessment report and further define the scope of the joint venture’s capital budget going forward.
The Tequila gold project is another high yield asset addition within the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings. Company management is exhilarated with the Tequila project for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits.
AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-joint-161000617.html
LAS VEGAS, May 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that AABB’s management and Board of Directors have approved the retirement and return of 107 million restricted common shares to the Company treasury. The share retirement process has been initiated with the Company’s transfer agent and is anticipated to be completed in the coming weeks. The Company initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. AABB expects to retire additional shares to the Company treasury in the near future with the ongoing plans to continue the shareholder value initiative.
In other Company news, AABB will be releasing a progress update of the Company’s proprietary cryptocurrency exchange version of the AABB Wallet that has been under development with Core State Holdings, Corp. since the recent launch of the AABBG gold-backed token. After completion in the coming months, the exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The proprietary exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG, influenced by market demand and the limited supply of tokens released into circulation.
Asia Broadband Receives High-Grade Assays Results for Prospective Gold Mine Acquisition in Acaponeta, MexicoLAS VEGAS, May 25, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Asia Broadband Inc. (OTC: AABB), please note that in the second paragraph of the release, the link to access the Acaponeta-Bonanza Preliminary Geological Report is https://asiabroadbandinc.com/acaponeta-bonanza-report The corrected press release follows.
Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has received mapping and rock sample assay results during the ongoing due diligence process with respect to the Letter of Intent to acquire a historic production gold mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target is located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo. The Acaponeta gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings.
To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to: https://asiabroadbandinc.com/acaponeta-bonanza-report
The assays in the geological report revealed high-grade gold, silver and copper values from the non-targeted rock samples that were randomly collected throughout the property at the beginning of the due diligence procedures. Some of the most significant gold values were 10.4 grams per ton (g/t), 8.9 (g/t) and 6.8 (g/t). The Company is highly encouraged by the viability of these preliminary results that strongly indicate that targeted drilling samples directed by geophysics data could confirm similar high-grade mineralization values and concentrations throughout the property.
AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. In the weeks ahead, the Company will be conducting further due diligence and continuing its negotiations to acquire this tremendous potential acquisition to expeditiously advance AABB into production and an expansion program.
AABB management is exhilarated with the Acaponeta project for its potential for rapid development, high production and low operating costs and anticipates completing an acquisition agreement in the very near future.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.
Contact the Company at:
Investor Brand Network | |
General Email: | |
Token Support: | |
Company Website: | |
Token Website: | |
Phone: | 702-866-9054 |
The Section Below this Line Maintained by Gitreal
From Ihub's Handbook: No Moderator should be deleting or editing other Moderator's content in the iBox. Feel free to add any information to the Intro that adheres to the rules of this site. However, prior to deleting others' content, it should only be done with all Moderator's approval. New moderators should add their content to the bottom of the Intro. We recommend that all moderators group and delineate their content into a section by adding a horizontal line to the top and bottom, and indicating at the top of the section, for example "This section maintained by [alias]".
Coming Soon: Links to the SEC for filing complaints about scam stocks, some information about mining scams, how to spot them, etc. Here's a good one for starters.....
More links coming....in the meantime.....here's some good stuff about cryptocurrency and how most of them are set up by scammers, they are worth absolutely nothing, cannot be used for anything, and cannot be redeemed.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |