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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
Current Price
Volume:
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AABB News: AABB - Asia Metals Inc. Enters Bull Market Due To The Coronavirus and Extraordinary Gold Producer Fundamentals 03/23/2020 08:28:30 AM
AABB News: AABB - Asia Metals Inc. to Release Third Assay Results of $4 Million Drill Program Next Week 01/30/2020 01:07:18 PM
AABB News: Asia Metals Inc. Initiates Investor Relations and Awareness Program for 2020 01/17/2020 10:18:17 AM
AABB News: AABB - Asia Metals Sourcing Equipment For $10 Million Production Facilities Expansion 12/12/2019 09:20:26 AM
AABB News: AABB - Asia Metals Inc. Receives $9 Million Second Tranche Of $34 Million Joint Venture Funding 12/10/2019 09:00:00 AM
PostSubject
#6900  Sticky Note AABB SECURITY DETAILS UPDATED 02/28/2020 Robert Johnson II 03/04/20 10:48:48 AM
#6682  Sticky Note Asia Metals Inc. Assay Results Continue to Confirm 12thman 02/04/20 01:32:39 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
#7013   Not much volume today TRUSTUNITS1000000 04/01/20 05:50:49 PM
#7012   Could be a great price entry, not going gitreal 04/01/20 03:15:15 PM
#7011   Could be a great price entry, not going TRUSTUNITS1000000 04/01/20 02:46:24 PM
#7010   Not many s o, not sure why they TRUSTUNITS1000000 04/01/20 02:43:59 PM
#7009   I lost twice and if I had timed TRUSTUNITS1000000 04/01/20 02:43:33 PM
#7008   Maybe if this is fake and they could TRUSTUNITS1000000 04/01/20 02:43:04 PM
#7007   Wowwwwwwwww TRUSTUNITS1000000 04/01/20 02:42:37 PM
#7006   This stock will ROCK! BennyMojo 03/31/20 10:56:56 PM
#7005   Hey Tazmans.......where's the damn mine?? Don't you gitreal 03/31/20 06:08:11 PM
#7004   Agree! Time to Rock TAZMANS 03/31/20 05:24:01 PM
#7003   It is a damn shame our federal govt Huggy Bear 03/31/20 05:22:18 PM
#7002   If you're going to lie, why not lie gitreal 03/31/20 05:08:54 PM
#7001   So it is almost like being legal since Huggy Bear 03/31/20 04:55:49 PM
#7000   Lithium and gold......why not diamonds, copper, cobalt, and gitreal 03/31/20 04:31:12 PM
#6999   You are right, I guess I was talking gitreal 03/31/20 04:29:19 PM
#6998   That explains the reappearance of the poster spouting Robert Johnson II 03/31/20 04:29:09 PM
#6997   Nothing legal about fraudulent statements and the non Huggy Bear 03/31/20 04:26:03 PM
#6996   Apparently, some folks are willing to invest in gitreal 03/31/20 04:20:39 PM
#6995   I doubt they pulled these numbers out of gitreal 03/31/20 04:17:06 PM
#6994   Tomorrow will be even better day for AABB BennyMojo 03/31/20 03:50:59 PM
#6993   Bullish? More like Bullsh...! Where is the mine? Robert Johnson II 03/31/20 03:22:44 PM
#6992   Absolutely! agreed BULLISH BUY POSITION BennyMojo 03/31/20 03:20:43 PM
#6991   Got any useful insider information, like the Huggy Bear 03/31/20 03:17:13 PM
#6990   Quote” Audited fins probably wouldn't be much different, Robert Johnson II 03/31/20 03:15:47 PM
#6989   AABB...0017...Psar flipped to a Bullish Buy Position... georgie18 03/31/20 02:52:38 PM
#6988   TY Benny, Gold is where to be with Fireindahole101 03/31/20 02:49:37 PM
#6987   Market looking good right now, with new gold BennyMojo 03/31/20 02:32:37 PM
#6986   So which one are you? CEO OR IRP Robert Johnson II 03/31/20 02:32:34 PM
#6985   I LIKE YOUR OPTIMISM FIRE! BennyMojo 03/31/20 02:29:27 PM
#6984   Or just maybe, it’s because nobody has ever Robert Johnson II 03/31/20 02:20:55 PM
#6983   Why didn’t it go there last time when Robert Johnson II 03/31/20 02:19:12 PM
#6982   Could see Gold go over $1,700, and AABB BennyMojo 03/31/20 02:14:35 PM
#6981   Just more garbage to help sell debt conversion shares. Robert Johnson II 03/31/20 01:58:49 PM
#6980   YES VERY IMPRESSIVE REPORT! should see price go BennyMojo 03/31/20 01:57:35 PM
#6979   B. The financial statements for this reporting period Robert Johnson II 03/31/20 01:57:16 PM
#6978   unaudited speaks for itself Robert Johnson II 03/31/20 01:54:47 PM
#6977   In your opinion. Fireindahole101 03/31/20 01:53:34 PM
#6976   No, it isn’t, and it’s unaudited which makes Robert Johnson II 03/31/20 01:51:31 PM
#6975   Then why play it off in your post Robert Johnson II 03/31/20 01:50:13 PM
#6974   Quite a report, very impressive. Fireindahole101 03/31/20 01:49:27 PM
#6973   Fire, expecting AABB to reach a penny then BennyMojo 03/31/20 01:47:09 PM
#6972   its all been publicly disclosed, will keep buying cheapies BennyMojo 03/31/20 01:46:09 PM
#6971   $25 Million in total assets, up $15 Million Fireindahole101 03/31/20 01:46:06 PM
#6970   And does he often give you insider info Robert Johnson II 03/31/20 01:36:47 PM
#6969   .002!!! penny here we come BennyMojo 03/31/20 01:17:21 PM
#6968   AABB could be over a penny before we BennyMojo 03/31/20 01:05:35 PM
#6967   WOW! Just talked to Nick and says new BennyMojo 03/31/20 12:40:41 PM
#6966   What happened to the “subsequent events” section? You Robert Johnson II 03/31/20 12:24:51 PM
#6965   Up 26% matter of time we are over BennyMojo 03/31/20 12:22:46 PM
#6964   Still carrying the same 2 notes worth almost Robert Johnson II 03/31/20 12:22:44 PM
PostSubject