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Asia Broadband, Inc. (AABB)

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OUR PRINCIPLES

 
- Solid foundations for management and oversight
- Structure the board to add value
- Promote ethical and responsible decision-making
- Respect the rights of shareholders
- Recognise and manage risk
- Remunerate fairly and responsibly


 

SHARE STRUCTURE

Issued & Outstanding Share: 339,540,968
Restricted Shares: 308,938,667
Free-Trading Shares: 30,602,301 
Authorized Shares: 1,000,100,000

Asia Broadband Inc. Operations Summary
 

 

LAS VEGAS, April 18, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC:AABB) has continued to develop its ancestral mine and mineral concessions acreage over the past two years in the state of Guerrero, Mexico.  During this time, the Company employed significant capital and labor to consistently expand its small-scale precious and base metal production facilities.  Asia Broadband has increased its revenues generated from metals production from its inception in 2016 to the year-end of 2017. This growth trend has continued for the Company's operations in 2018, as will soon be published in the first quarter financial statements for the period ending March 31.  In addition to production revenues, Asia Broadband has utilized its extensive network of client contacts and distribution channels in Asia to complete several brokered mineral sales transactions this year.  The Company plans to announce further details of its significant operating achievements throughout 2018 in subsequent press releases.

Asia Broadband recently filed its past annual financial statements and disclosures with OTC Markets and is now Pink Current Information status.  As business progresses throughout 2018, Asia Broadband plans to engage a PCAOB auditing firm and apply for the OTCQB tier with OTC Markets.

About 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 Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.

Výsledek obrázku pro guerrero mexico mining
 

AABB $34 Million 2018 Q4 Agreement To Rocket $0.03 PPS Back To $0.10 52 Week High And Beyond

Date : 01/25/2019 @ 10:45AM
Source : InvestorsHub NewsWire
Stock : Asia Broadband, Inc. (PC) (AABB)
Quote :  0.027  -0.0019 (-6.57%) @ 3:55PM

AABB $34 Million 2018 Q4 Agreement To Rocket $0.03 PPS Back To $0.10 52 Week High And Beyond




New York, NY -- January 25, 2019 -- InvestorsHub NewsWire -- via NextBigTicker.com -- Asia Broadband Inc. (USOTC: AABB) trading volume has been steadily increasing as the market becomes aware of the company’s very successful transition into a lucrative mining niche.  AABB has posted a 1000% increase in gross profit through the third quarter of 2018 reporting almost $3 million in gross profit compared to $277,000 in gross profit for the entire previous year.  The company is also reporting nearly $2 million in cash on its balance sheet.  While the company was still going unnoticed on October 24, 2018, it signed a $34 million joint venture agreement that included an initial $5 million payment.  The financial benefit of the agreement will become apparent when the company publishes its 2018 annual report.  AABB is trading between $0.02 and $0.04 on much higher than its twelve-month average trading volume.  The PPS has a 52-week high of $0.10 and once the annual report is filed adding the benefit of the $34 million joint venture to the organic $3 million in gross profit and $2 million in cash from operations already reported, the PPS is likely to rocket back to its $0.10 52-week high and beyond.

About Asia Broadband Inc. - through its wholly owned subsidiary Asia Metals Inc., 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 Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.


Disclaimer: 

NextBigTicker.com (NBT)is a third party publisher and news dissemination service provider. NBT is NOT affiliated in any manner with any company mentioned herein. NBT is news dissemination solutions provider and are NOT a registeredbroker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. NBT's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. NBT is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. NBT has not been compensated for this release and HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

NEWS/PR HISTORY OVER PAST WEEK!
 
AABB News: AABB $34 Million 2018 Q4 Agreement To Rocket $0.03 PPS Back To $0.10 52 Week High And Beyond 10:45 AM
AABB News: AABB Confirms $3 Million Gross Profit and $1.8 Million in Cash from Operations Validating New Business Direction 01/24/2019 10:37:00 AM
AABB News: AABB - Asia Metals $3 Million Gross Profit Validates Mining Operations Expansion Plans 01/24/2019 09:07:03 AM
AABB News: AABB BREAKOUT ALERT - PPS Pushing Past $0.034 200 MA Heading To $0.10 52 Week High Breakthrough 01/23/2019 10:04:44 AM
AABB News: AABB $0.02 PPS Positioned For Major Move Past $0.10 52 Week- High On Pending Announcement 01/22/2019 07:23:59 AM
News News Alert: AABB $34 Million 2018 Q4 Agreement To Rocket $0.03 PPS Back To $0.10 52 Week High And Beyond 01/25/2019 10:45:53 AM
 

Asia Metals Inc. Secures $34 Million Joint Venture and Receives $5 Million First Tranche

 

LAS VEGAS, Oct. 24, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., has signed a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico, with Qiangda Investments & Economics & Co., Ltd..  The agreement guarantees a $34 million capital commitment allocated over a 3 year period on a time-lined payment schedule to earn-in a maximum 40% equity interest in the Company.  The schedule consists of a $5 million initial payment that has now been received earning a 6% equity interest, a $9 million minimum payment in 2019 to earn a further 10% interest, a $10 million minimum payment in 2020 to earn a further 12% interest and a $10 million minimum payment in 2021 to earn a further 12% interest.  The joint venture capital will be allocated specifically to expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity, but also includes provisions for new exploration expenditures.  The operating terms include identifying Asian Metals Inc. as the manager of the joint venture and the forming of a management committee with representatives from both parties to oversee, approve and direct budgeting, capital expenditures and decision-making regarding operational processes and expenditures.

Qiangda Investments & Economics & Co., Ltd., is a holding company and facilitating subsidiary of a Chinese owned conglomerate entity.  Its operational objective is to secure physical gold supplies for it affiliates' manufacturing demand and to build an investment hedge that mitigates the risk of instabilities caused by fluctuations in markets and world economic conditions.

"We are exuberant at this point. The diligent work by everyone in the Company over the past 4 months has resulted in us reaching our most significant milestone to date.  With a major source of committed capital backing our facilities and drill program expansions, many more milestones will be reached as we continue to grow going forward," declared James Gilbert, the Company President and CEO.

Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., 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 Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.

Contact the Company at:

Email:             ir@asiabroadbandinc.com
Website:         www.asiametalsinc.com 
Phone:           702-866-9054
Rebecca Whitmore
Investor Relations

Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.'s (the "Company") expected current beliefs about the Company's business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.

SOURCE Asia Broadband Inc.

AABB
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AABB News: AABB - Asia Metals Expands Gold Mining Operations As Goldman Sachs Raises 2019 Gold Forecast 02/07/2019 09:00:00 AM
AABB News: Load Up On AABB Before 1000% Gross Profit Report Drives $0.02 PPS To $0.10 02/04/2019 11:22:50 AM
AABB News: USMJ BREAKOUT ALERT - PPS UP 30% ON HIGH VOL - $0.0008 X $0.0009 HEADING OVER $0.01 - ALYI KALY and AABB ALSO TOP PERFORMERS 01/30/2019 12:28:31 PM
AABB News: AABB - Asia Metals Drill Program Results Affirm Significant Gold Mineralization Intersections 01/30/2019 10:12:36 AM
AABB News: AABB TRADE ALERT - PPS Moving Back Up After 50% Retrace On 400% Gain - Anticipated News Trigger To Catapult $0.03 PPS To $0.10 01/29/2019 12:16:58 PM
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PostSubject
#2645  Sticky Note Here is the evidence The Magi 01/24/19 05:06:55 PM
#1554  Sticky Note Just another penny stock mining scam smitter. Huggy Bear 11/17/18 07:34:24 PM
#3899   SFTBY Softbank Group PINK $47.45 can we take TAZMANS 05/24/19 09:34:48 PM
#3898   TCEHY Tencent Holding Ltd. OTC PINK $40.86 TAZMANS 05/24/19 09:30:31 PM
#3897   BAYRY Bayer AG PINK $15.85 Does this one TAZMANS 05/24/19 09:23:33 PM
#3896   What OTC Pink LOL Roche Holding Ltd. (OTCQX:RHHBY) TAZMANS 05/24/19 09:15:49 PM
#3895   OUR Choice but you can Keep preaching! lol TAZMANS 05/24/19 08:58:56 PM
#3894   Oh OK Broker Dealer Data Executed Volume TAZMANS 05/24/19 08:55:54 PM
#3893   All scams.Oh OK :OTC MarketsTotalsSecurities 10,627 DollarVol $1.2B TAZMANS 05/24/19 08:53:47 PM
#3892   If it sounds too good to be true....it gitreal 05/24/19 07:58:55 PM
#3890   A company that files to a paid-for service gitreal 05/24/19 07:37:07 PM
#3889   A company that shows 50% increased net earnings paulsw42 05/24/19 07:27:23 PM
#3888   So do you want to invest in a paulsw42 05/24/19 07:24:42 PM
#3887   OTC filings are meant for entertainment purposes only. gitreal 05/24/19 05:14:55 PM
#3886   AABB - Asia Metals Inc. Budgets $4 Million TAZMANS 05/24/19 03:49:08 PM
#3885   Asia Metals Inc. Secures $34 Million Joint Venture TAZMANS 05/24/19 03:46:15 PM
#3884   Hummm: Legal&Professional fees 17,316-2019 vs 2,863-2018 TAZMANS 05/24/19 03:44:39 PM
#3883   Investments: Asset purchases Property Plan & Equipment (493,027) TAZMANS 05/24/19 03:41:40 PM
#3882   Significant: Mineral exploration & development expenditures (571,203) 2019 TAZMANS 05/24/19 03:39:36 PM
#3881   Cash & Equivalents $6,904,272 Plus $5M Should TAZMANS 05/24/19 03:36:59 PM
#3880   Yes Company is increasing, growing every quarter! TAZMANS 05/24/19 03:32:53 PM
#3879   Net lncome/(Loss) per common share - basic and paulsw42 05/24/19 02:57:23 PM
#3878   AABB 1st Quarter 2019 Profit From Operations $1,236,381 TAZMANS 05/24/19 02:31:30 PM
#3877   Runs in Family IMO: RE: Mr. James Sr. TAZMANS 05/24/19 01:19:19 PM
#3876   Cool, where is it? I'd like to Huggy Bear 05/24/19 11:16:53 AM
#3875   In March of 2016, the Company acquired an TAZMANS 05/21/19 07:38:19 PM
#3874   No sorry, these numbers are all made up. Huggy Bear 05/21/19 06:34:22 PM
#3873   Great lotto ticket IMO, go through the news TAZMANS 05/21/19 10:42:30 AM
#3872   4.46M last year net revues, is this for real? Com Cruise 05/21/19 10:09:34 AM
#3871   Nothing real exists. Everything is fabricated here. Huggy Bear 05/19/19 07:34:20 PM
#3869   Soon? It's May, we've been talking about gitreal 05/19/19 05:36:39 PM
#3868   Patience is a virtue! Soon ALL questions answered, IMO!!! TAZMANS 05/19/19 05:03:50 PM
#3867   How deep was that interval? Was that gitreal 05/19/19 04:57:15 PM
#3866   $AABB Check this out! Phase I "Graded at TAZMANS 05/19/19 04:09:16 PM
#3864   Chart and Loyal Shareholders Ready! CEO Release the KRAKIN TAZMANS 05/17/19 09:57:19 PM
#3863   You know it shigtynodigty 05/16/19 08:17:17 PM
#3860   Yes step#1! If some knew the full extent, TAZMANS 05/16/19 11:03:29 AM
#3859   AABB...0175...Looking for upper channel breakout in the .02 georgie18 05/16/19 09:58:28 AM
#3858   No thanks. I don't contribute to fraud. Huggy Bear 05/16/19 09:35:54 AM
#3857   Nice, strong opening BID this morning Huggy. Time reces 05/16/19 09:08:53 AM
#3856   Your very welcome... georgie18 05/16/19 08:55:53 AM
#3855   Very nice! Thank You TAZMANS 05/16/19 08:36:05 AM
#3854   AABB...0148...Chart...Descending Channel Breakout to the topside in the georgie18 05/16/19 06:22:05 AM
#3852   Larger than most nations lol. Huggy Bear 05/15/19 03:50:45 PM
#3851   Guerrero, Mexico gitreal 05/15/19 12:10:28 PM
#3850   Ready to explode yet does nothing daily. Danny1024 05/15/19 09:51:52 AM
#3849   Net earnings per 401,647,054 mil issued share is paulsw42 05/15/19 09:31:16 AM
#3848   Went current, money in assets, millions budgeted for shigtynodigty 05/15/19 05:36:49 AM
#3847   Guerrero, Mexico and I guarantee the Chinese that paulsw42 05/15/19 05:13:28 AM
#3846   Where's the invisible mine? gitreal 05/14/19 10:42:13 PM
#3845   The joint venture capital will be allocated specifically TAZMANS 05/14/19 09:52:19 PM
#3844   Wow just saw they went current too....20 maybe? shigtynodigty 05/14/19 08:35:40 PM
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