Home > Boards > US OTC > Miscellaneous >

Asia Broadband, Inc. (AABB)

AABB RSS Feed
Add AABB Price Alert      Hide Sticky   Hide Intro
Moderator: SPARK, Huggy Bear, Robert Johnson II, gitreal, Davis_Elite, TRIPLE_ZERO_SEVEN
Search This Board: 
Last Post: 10/21/2019 11:07:10 PM - Followers: 81 - Board type: Free - Posts Today: 0

 

 



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
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
AABB News: AABB - Asia Metals Inc. Initiates Candidate Gold Mine Acquisition Assessments 09/26/2019 10:12:32 AM
AABB News: LDSR - Landstar Analyst Research Update Out Today With SPEC BUY and $0.006 TGT PPS 09/25/2019 01:42:09 PM
AABB News: AABB - Asia Metals Inc. On Track To Acquire New Gold Mine Properties By Year End 2019 09/19/2019 09:07:14 AM
AABB News: AABB - Asia Metals Publishes $0.24 PPS Peer Valuation Analysis 09/13/2019 10:22:37 AM
AABB News: AABB Gold Mining Op Gets $0.24 PPS Analyst Target - 2400 Percent ROI Potential 09/12/2019 10:32:35 AM
PostSubject
#5055  Sticky Note $AABB Reversal breakout confirmation and run continuation on MoneyForNuthin 10/01/19 09:30:48 AM
#4842  Sticky Note $AABB Five News and Update items we may MoneyForNuthin 09/15/19 07:34:46 PM
#4827  Sticky Note AABB Security Details updated 09/13/2019 Robert Johnson II 09/15/19 12:17:15 PM
#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
#5202   They need to issue another PR blitz about gitreal 10/21/19 11:07:10 PM
#5201   Really? Again? How does this work fiscally when Huggy Bear 10/21/19 09:03:36 PM
#5200   Come on gilbert TRUSTUNITS1000000 10/21/19 06:17:52 PM
#5199   Do a.r m TRUSTUNITS1000000 10/21/19 06:17:40 PM
#5198   Eventually a reversal in s p TRUSTUNITS1000000 10/21/19 06:17:15 PM
#5197   Looking forward to cheapies TRUSTUNITS1000000 10/21/19 06:14:34 PM
#5196   Great time to buy, maybe 0.0001 and then TRUSTUNITS1000000 10/21/19 06:12:09 PM
#5195   Nothing real exists here. Sorry Serb. Huggy Bear 10/21/19 04:18:10 PM
#5194   There is no mine. gitreal 10/21/19 11:37:51 AM
#5193   Please re-post. It would be nice for TheSerb 10/21/19 09:33:08 AM
#5192   Market cap low for a mine TRUSTUNITS1000000 10/19/19 01:09:33 PM
#5191   To penny land TRUSTUNITS1000000 10/19/19 01:09:09 PM
#5190   Shows the mine on a map on this board TRUSTUNITS1000000 10/19/19 01:02:44 PM
#5189   2 hands in the public pocket. There's your mines. Huggy Bear 10/18/19 04:40:21 PM
#5188   2 mines and a third on the way, gitreal 10/18/19 03:56:11 PM
#5187   Think float has been bought up TRUSTUNITS1000000 10/18/19 01:41:57 PM
#5186   2 mines and a third on the way, TRUSTUNITS1000000 10/18/19 01:41:45 PM
#5185   Price getting strong TRUSTUNITS1000000 10/18/19 01:40:50 PM
#5184   To the moon TRUSTUNITS1000000 10/18/19 01:36:32 PM
#5183   Why not the stars? Robert Johnson II 10/17/19 12:08:23 PM
#5182   Bre-X had a verifiable mine location. One of Robert Johnson II 10/17/19 12:07:34 PM
#5181   Bre x went from 0.05 to over $200 TRUSTUNITS1000000 10/17/19 11:26:28 AM
#5180   Give us reserves TRUSTUNITS1000000 10/17/19 11:25:56 AM
#5179   Not many s o TRUSTUNITS1000000 10/17/19 11:23:10 AM
#5178   Up today TRUSTUNITS1000000 10/17/19 11:19:19 AM
#5177   To the moon TRUSTUNITS1000000 10/17/19 11:19:09 AM
#5176   A thousand audits will never be able to gitreal 10/16/19 07:24:19 PM
#5174   Don't need an audit to see it's all Huggy Bear 10/16/19 05:14:46 PM
#5173   Maybe a audit will prove if this is real TRUSTUNITS1000000 10/16/19 11:19:17 AM
#5172   Do a r m TRUSTUNITS1000000 10/16/19 11:17:59 AM
#5171   This must be the bottom TRUSTUNITS1000000 10/16/19 11:14:52 AM
#5170   Terrible if this is not real, I saw TRUSTUNITS1000000 10/16/19 11:13:17 AM
#5169   Hit .0058 earlier this morning. Closing in on Robert Johnson II 10/16/19 10:58:02 AM
#5168   Yes, volume and price are dying - congratulations! gitreal 10/15/19 01:49:25 PM
#5167   Volume dieing TRUSTUNITS1000000 10/15/19 11:55:13 AM
#5166   Great entry TRUSTUNITS1000000 10/15/19 11:51:45 AM
#5165   I bet we get a good news release TRUSTUNITS1000000 10/15/19 11:49:26 AM
#5164   Is this not real, terrible TRUSTUNITS1000000 10/15/19 11:49:12 AM
#5163   Management do a r m TRUSTUNITS1000000 10/15/19 11:45:14 AM
#5162   This could go to 0.0001 and then the moon TRUSTUNITS1000000 10/15/19 11:45:00 AM
#5161   This is terrible TRUSTUNITS1000000 10/15/19 11:42:57 AM
#5160   Yup. Rocket right down the sewer. Huggy Bear 10/15/19 10:44:17 AM
#5159   DOUBLE DOWN ALERT! AABB about to rocket huge! SmallCapStockAlert 10/14/19 04:00:11 PM
#5158   To the moon TRUSTUNITS1000000 10/14/19 11:25:13 AM
#5157   Getting exciting TRUSTUNITS1000000 10/14/19 11:25:05 AM
#5156   Give us legit if this is not real TRUSTUNITS1000000 10/14/19 11:24:51 AM
#5155   This is the bottom TRUSTUNITS1000000 10/14/19 11:23:23 AM
#5154   Will probably average down TRUSTUNITS1000000 10/14/19 11:20:08 AM
#5153   Getting interesting TRUSTUNITS1000000 10/14/19 11:15:44 AM
#5152   Price being manipulated TRUSTUNITS1000000 10/14/19 11:15:31 AM
PostSubject