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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 IS NEXT!
There are consequences for "turning a pile of lies into a mountain of money",

“Pump and dump stock schemes have real victims: those who play by the rules and save and invest in the markets,” said U.S. Attorney McSwain. “Market manipulation also causes generalized harm to the markets and to our economy because it erodes public trust that the markets are free and fair. Thanks to the excellent work of the FBI, SEC, and prosecutors from my Office, Martin will now face the consequences of his alleged actions.”

“Pump and dump schemers enrich themselves on the backs of innocent investors, turning a pile of lies into a mountain of money,” said Michael J. Driscoll, Special Agent in Charge of the FBI's Philadelphia Division. “The FBI is committed to cracking down on such harmful market manipulation, in order to protect both the investing public and the integrity of the financial system.”

If convicted, the defendant faces a maximum possible sentence of 245 years imprisonment, a $12.5 million fine, a 3-year period of supervised release, and a $1,200 special assessment.

The case was investigated by the Federal Bureau of Investigation, and is being prosecuted by Assistant United States Attorney Michael J. Rinaldi. The U.S. Attorney’s Office appreciates the assistance of the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority.

An indictment, information, or criminal complaint is an accusation. A defendant is presumed innocent unless and until proven guilty.

https://www.justice.gov/usao-edpa/pr/florida-man-charged-manipulating-publicly-traded-stocks-multiyear-pump-and-dump
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AABB News: Stay Ahead of the Hottest Growth Stocks, TNS Feature Report 08:05 AM
AABB News: PAOG Cannabis Drug Company Trends Bullish - $0.01 Breakout On Horizon? 10/21/2020 09:59:39 AM
AABB News: AABB - Asia Metals Inc. Finalizes Auditor Selection For OTCQB Qualification 10/01/2020 09:12:17 AM
AABB News: AABB - Asia Metals Inc. Signs Letter of Intent To Acquire New Mineral Property In Prolific Mining Region of Mexico 09/29/2020 09:07:24 AM
AABB News: AABB Upgrades Annual Gross Profit Target To $14M On Historic High Q3 Production And COVID Impact On Gold 09/24/2020 09:01:01 AM
News News Alert: Stay Ahead of the Hottest Growth Stocks, TNS Feature Report 11/30/2020 08:05:00 AM
PostSubject
#21546  Sticky Note AABB SECURITY DETAILS UPDATED 10/192020 Robert Johnson II 10/20/20 10:00:47 AM
#19959  Sticky Note AABB - KICK ASS NEWS -->> Asia Metals SPARK 09/22/20 02:57:46 PM
#8330  Sticky Note ATTORNEY CONCLUSIONS RE EXISTENCE OF ANY MINE Robert Johnson II 05/07/20 04:07:31 PM
#7021  Sticky Note Must see this - AABB created fake management gitreal 04/06/20 12:01:52 AM
#22938   Benny, you know as well as anybody that gitreal 11/30/20 10:35:04 PM
#22937   IMPORTANT: KEEP CALM and do the $AABB MATH!!!! BennyMojo 11/30/20 07:58:58 PM
#22936   Shake and Bake baby! Nothing ANYONE says WILL BennyMojo 11/30/20 07:48:07 PM
#22935   Not worried at all! $AABB will skyrocket past BennyMojo 11/30/20 07:43:33 PM
#22934   The MEGA news is that they have managed gitreal 11/30/20 05:51:48 PM
#22933   Nothing real exists with this highly promoted fraud. Huggy Bear 11/30/20 05:25:32 PM
#22932   AABB next mover patrique4 11/30/20 05:12:36 PM
#22931   The MEGA News better be that they found StockGuy86 11/30/20 05:08:56 PM
#22930   That's kinda what I thought. They need gitreal 11/30/20 05:04:57 PM
#22929   Substantial PR < BIG news < MEGA NEWS!!! StockGuy86 11/30/20 05:01:17 PM
#22928   Is a "substantial PR" better than "big news"? gitreal 11/30/20 04:46:46 PM
#22927   PROMISE OF SUBSTANTIAL PR's COMING SOON;-) INTHEKNOW1 11/30/20 03:52:26 PM
#22926   THINK I WILL STICK AROUND AND WAIT FOR INTHEKNOW1 11/30/20 02:58:31 PM
#22925   Dont worry man this is going to $50 StockGuy86 11/30/20 02:12:58 PM
#22924   But hey, "Mr. Daniels" is buying cheapies, so gitreal 11/30/20 02:09:31 PM
#22923   Oh yeah, it's up all right! Down 19% LOL ChanceVision 11/30/20 01:55:36 PM
#22922   Been buying all morning Digger 9197 11/30/20 01:54:20 PM
#22921   When you least expect it. This'll hit $0.50 hubfan 11/30/20 01:48:35 PM
#22920   What a POS. News and it's down 19% again!! ChanceVision 11/30/20 01:46:01 PM
#22919   Futures up. Future's bright. Eyes on the prize hubfan 11/30/20 01:39:38 PM
#22918   Cough Cough.. Lol don't get scared into selling BullsNation21 11/30/20 01:34:11 PM
#22917   I love this stock. Call me crazy but hubfan 11/30/20 01:34:07 PM
#22916   Moving up nicely. Let's keep it up amigos hubfan 11/30/20 01:28:35 PM
#22915   AABB some extra 38s, silly sellerzz patrique4 11/30/20 12:54:20 PM
#22914   Little "U" shape back up to .005 today? Sconi13 11/30/20 12:45:16 PM
#22913   Feels like we've got a strong week ahead. hubfan 11/30/20 12:33:33 PM
#22912   No doubt here. I'm adding more today hubfan 11/30/20 12:29:50 PM
#22911   Sure, thanks that is awesome!! jaiguruji7 11/30/20 12:25:45 PM
#22910   listen to billionaire BENNY - buy buy buy BitBits 11/30/20 12:24:58 PM
#22909   GREED IS GOOD, I WILL KEEP BUYING REMAINING BennyMojo 11/30/20 12:24:55 PM
#22908   I totally agree! but expect that number to BennyMojo 11/30/20 12:21:57 PM
#22907   Thanks BennyMojo, really looking forward to it. Hoping jaiguruji7 11/30/20 12:19:49 PM
#22906   Listen carefully! AABB will explode past a dime, BennyMojo 11/30/20 12:19:13 PM
#22905   If you're buying, it's a great place to hubfan 11/30/20 12:18:33 PM
#22904   Good luck with this " BennyMojo" - I'm Lakota-45 11/30/20 12:16:04 PM
#22903   Shock-N-Awe IAC has started! $AABB WILL KNOCK YOUR BennyMojo 11/30/20 12:15:50 PM
#22902   I appreciate everyone in this board for what hubfan 11/30/20 12:13:32 PM
#22901   BIG NEWS expect this week or next. MEGA BennyMojo 11/30/20 12:12:13 PM
#22900   Slapping asks as $AABB is gonna rise and Babubd 11/30/20 12:10:40 PM
#22899   YES! SPENT LOTS OF $$$ ON $AABB DUE BennyMojo 11/30/20 12:09:34 PM
#22898   Yessir. Just need more good news on AABB hubfan 11/30/20 12:07:41 PM
#22897   "With the continuous advancements and achievements in all BennyMojo 11/30/20 12:06:28 PM
#22896   Yes Mr. Daniels and friends have been BUYING BennyMojo 11/30/20 12:01:19 PM
#22895   BIG NEWS FIRST, THEN MEGA NEWS...HOLD ON TO BennyMojo 11/30/20 11:55:58 AM
#22894   I HAVE MY SELL ORDER ABOVE $1.50, NOT BennyMojo 11/30/20 11:51:59 AM
#22893   Great sunny day. Another opportunity to add hubfan 11/30/20 11:44:37 AM
#22892   Come on AABB make us rich hubfan 11/30/20 11:28:37 AM
#22891   Good advice. Buckle up hubfan 11/30/20 11:26:25 AM
#22890   Nice strong volume! Lets Gooo ! ! ! BullsNation21 11/30/20 11:23:26 AM
#22889   AABB is good. Do your own due diligence. hubfan 11/30/20 11:23:18 AM
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