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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 12/27/20
Outstanding Shares: 1,495,125,509 
Restricted Shares: 373,360,708 
Authorized Shares: 2,500,000,000

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 
 
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.

Core State Holdings, Corp. Enters Into Crypto Partnership With Asia Broadband, Inc. 

HOT OFF THE PRESS!

Core State Holdings, Corp. Enters Into Crypto Partnership With Asia Broadband, Inc.

On December 07, 2020, Core State Holdings, Corp., has entered into a definitive agreement with Asia Broadband, Inc. (OTC: AABB) to create for them a gold-backed crypto currency and a PTPWallet-based crypto wallet.

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 gold. The Company possesses a very experienced, dedicated team that will continue expanding its reach to different parts of the globe, primarily Asia. One of the directions the Company is taking is the integration and use of a gold-backed, ERC-20 crypto currency, alongside a very advanced White Labeled crypto wallet based on the PTPWallet foundation.

This will not only allow AABB to enter the crypto market, but it will allow the company to create liquidity and monetize gold production, all while offering its users and partners a dependable financial platform to store and use funds.

PTPWallet is a crypto currency wallet designed and developed by Core State Holdings, Corp. Through research, it is considered to be one of the most advanced wallets out on the market. The platform, since 2019, has processed the transactions of over 220,000 visitors; with a large demand for the platform shown by medium and large-sized businesses. Since launched in February of 2019, the platform has never been hacked. Some of the main features of PTPWallet are: instant transactions, anonymous internal transactions, loyalty and referral programs, strong infrastructure, and ease of use.

Core State is honored to be assisting Asia Broadband, Inc. with reaching its strategic goals and helping the Company to expand. The company looks forward to working with AABB and will commence the development of the White Label and the gold-backed crypto currency as of December 07, 2020.
 

AABB - Asia Metals Reaches Advanced Stage Negotiations With Joint Venture Partner For Purchase Of Guerrero Gold Belt Mine And Facilities In Mexico

LAS VEGAS, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has progressed to an advanced stage of negotiations regarding the purchase proposal for the mineral property and mining operations facilities in the Guerrero Gold Belt, Mexico, with Joint Venture Partner (JVP), Qiangda Investments & Economics Co. Ltd. (QIEC). AABB recently held several special meetings in Mexico City to discuss the details of the purchase proposal and potential agreement options regarding the GGB assets. Negotiations have since been ongoing, but are nearing completion, and will continue after Christmas upon the availability of both negotiating parties.

QIEC is a holding company and facilitating subsidiary of an Asian conglomerate. 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. In 2018, QIEC signed an agreement committing $34 million allocated over a 3-year period to earn-in a maximum 40% equity interest in the Company. The investment funds were dedicated to the expansion of the Company’s gold production and property exploration operations in Guerrero, Mexico. To date per the agreement, QIEC has disbursed $24 million and earned a 28% interest in the Company. AABB jointly operates a management committee with representatives of QIEC to oversee, approve and direct budgeting, capital expenditures and decision-making regarding operational processes and expenditures.

“On behalf of the entire AABB team, we would like to express our sincerest gratitude for an exceptionally successful year and wish all the Company’s shareholders and the entire investment community a very Merry Christmas,” expressed AABB CEO James Gilbert.

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
Parkin Investor Relations  
Kevin Parkin

 

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AABB News: Asia Broadband inks LOI to acquire high-grade gold mine property in Mexico 04/22/2021 08:54:44 AM
AABB News: Epazz, Inc. (OTC Pink: EPAZ) Cryptocurrency App Bitcoin Wallet 10,000+ Downloads 04/21/2021 06:25:46 AM
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AABB News: Asia Broadband increases stock dividend for shareholders 03/30/2021 09:39:49 AM
AABB News: ALYI Set For Potential Double From $0.10 - MACD Cross Above 50 and 200 Day MA - Company Posts Video Of Its Electric Motorcyle 03/22/2021 11:24:46 AM
PostSubject
#41399  Sticky Note Yep and Jane/CDEL came over to the OTC fsshon 04/30/21 04:01:32 PM
#40144  Sticky Note LOLOL...Penny-Scam complaining about scams...ooookkkkaaaayyyyy. Homebrew 04/14/21 05:08:53 PM
#7021  Sticky Note Must see this - AABB created fake management gitreal 04/06/20 12:01:52 AM
#42062   More nonsense. The auditor is gone. No chance rbtree 05/09/21 10:57:53 PM
#42061   Sounds like you of know him at least Godlback 05/09/21 10:49:45 PM
#42057   I think mister Daniel S already is in. Doubledown75 05/09/21 08:29:48 PM
#42056   When is mr Daniels buying in? Godlback 05/09/21 08:02:57 PM
#42055   To those that self-righteously thought I was slamming gitreal 05/09/21 06:06:01 PM
#42051   Happy Mother’s Day to all my “Mother Loders!” AABB Bodhi_Trades 05/09/21 03:41:13 PM
#42050   A cash dividend would be great TRUSTUNITS1000000 05/09/21 03:20:32 PM
#42049   NONE MY FRIEND, CEO VERY QUIET GOING UPLISTING mick 05/09/21 03:16:18 PM
#42048   I wonder about this one TRUSTUNITS1000000 05/09/21 03:11:36 PM
#42047   if you want a site without entertainment,, then doinit 05/09/21 01:27:55 PM
#42046   Read the news. Two LOI's is it. No rbtree 05/09/21 12:37:45 PM
#42045   Crypto currencies are the same as store cards Doubledown75 05/09/21 12:32:16 PM
#42043   Does AABB even own the mine everyone is Silas911420 05/09/21 10:55:46 AM
#42042   Link has zip to do with AABBG, which rbtree 05/09/21 10:54:01 AM
#42041   Having gold inside a crypto token is the Doubledown75 05/09/21 10:18:29 AM
#42038   Happy mothers day to all the mothers out there Gabriel_S 05/09/21 06:21:24 AM
#42036   I think you would have one dollar bud flyphil 05/09/21 12:09:43 AM
#42035   If I only had a buck for every gitreal 05/08/21 11:57:23 PM
#42034   LOLOL....Bullshit...only "Billions" AABB has is shares....Billions of Shares. Homebrew 05/08/21 11:31:54 PM
#42033   Such a scam. Cynmark24 05/08/21 11:29:38 PM
#42032   More food for thought https://www.apmex.com/bitpay-and-cryptocurrencies I’ve b Doubledown75 05/08/21 10:24:24 PM
#42031   I think this guy is involved with us. Just Doubledown75 05/08/21 09:38:36 PM
#42029   Ummm, not all surface and no tonnage or rbtree 05/08/21 09:32:16 PM
#42028   Don't believe anything he ever says. Cynmark24 05/08/21 08:56:55 PM
#42027   Wow! Huge discovery! 700k oz of surface gold Bodhi_Trades 05/08/21 08:34:30 PM
#42026   https://stocktwits.com/Bigwhale1234567/message/327322301 700000 ounces Bizdevguy 05/08/21 08:30:54 PM
#42025   Estrella de espinal Some German site that is saying Doubledown75 05/08/21 08:27:11 PM
#42021   New mine has 1.2 billion in gold. Big whale 05/08/21 07:25:09 PM
#42016   1.2 BILLION SURFACE GOLD! MUST SEE GOLDMAMA 05/08/21 07:24:27 PM
#42015   700k oz? Where’s that info DD? Bodhi_Trades 05/08/21 07:23:07 PM
#42014   700,000 oz on just the Bananza mine. Motherlode Boom Doubledown75 05/08/21 07:20:15 PM
#42013   need a follow-up white candle starting Monday.... The_Free_Nebula 05/08/21 03:48:12 PM
#42012   hear here dc key 05/08/21 12:32:40 PM
#42011   I feel like it’s finally our turn. Henrey533 05/08/21 12:14:09 PM
#42007   Sold Page 3: Ailan 05/08/21 03:14:28 AM
#42003   After careful review of the last PR/News, I PENNY PIRATE 05/07/21 10:17:07 PM
#42002   Pennyworld definitions......especially AABB: gitreal 05/07/21 09:07:05 PM
#42001   I don’t think people do. He’s just bytheocean 05/07/21 09:02:44 PM
#41999   What a dreamer you are TRUST Cynmark24 05/07/21 08:43:36 PM
#41998   Babubd, you've been saying for a while now Cynmark24 05/07/21 08:42:17 PM
#41997   * * $AABB Video Chart 05-07-2021 * * ClayTrader 05/07/21 05:44:39 PM
#41996   Thanks Benny Ubquubqu 05/07/21 04:49:52 PM
#41995   Something must be brewing. What a turnaround Stallion4life38 05/07/21 04:28:58 PM
#41994   0.0018 52 week low TRUSTUNITS1000000 05/07/21 04:27:53 PM
#41993   Up 0.03595 wowwwwwwwww TRUSTUNITS1000000 05/07/21 04:26:13 PM
#41992   Maybe millionaires and maybe billionaire to be made TRUSTUNITS1000000 05/07/21 04:24:32 PM
#41991   Strong Finish, next week should be real exciting PENNY PIRATE 05/07/21 04:13:52 PM
#41990   It's AABB Show Time Baby!! Woooo!! ;)~ ChanceVision 05/07/21 03:57:55 PM
#41989   Did everyone get a chance to read this PFoon 05/07/21 03:44:41 PM
#41988   I concur with you 100%. Whales are quietly Babubd 05/07/21 03:42:25 PM
PostSubject
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