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Asia Broadband Inc (AABB) RSS Feed

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Moderators PENNY PIRATE Huggy Bear gitreal ChanceVision Babubd DGJR

 

                                                    
   
 
(AABB) - Chris Torres Update Etzatlan Processing Plant Under Construction 3-26-24

https://www.youtube.com/watch?v=QQ0Y6PMKEIE
 



(AABB) - Equipment delivery in Etzatlan Processing Plant 3-26-24

https://www.youtube.com/watch?v=OFfd7hrd4FI
 


                                               



AABB Wallet
 
                                                                                                                                                                 
                                                  
 
                                                                                                                 
                                                                                                               
AABB Cryptocurrency Exchange
 
 
 
  



 
 
 
 
 
 
 


                            

                                                                                                                                                                                                                     AABB Gold, AABBG Gold Token


 




 
 



 
 
   

AABB News: https://www.otcmarkets.com/stock/AABB/news

AABB Financial Info: https://www.otcmarkets.com/stock/AABB/financials


AABB Wallet  /  AABB Exchange  / AABB Gold Token (AABBG)

AABB Wallet App / AABB Exchange  (Mobile Version)  (Download Here)  https://aabbgoldtoken.com

AABB Exchange  (Desktop  Version)  *Launched: Tuesday, December 28th, 2021  https://aabbexchange.com

*AABB Exchange (Mobile Version) - Launched: Tuesday, March 21st, 2022.  *Now available in AABB Wallet App for iOS and Android.

________________________________________________________________________________________________________________________________________________________________


HOT OFF THE PRESS!

Recent News

Asia Broadband Pursues Market Manipulation Legal Action Against Major Market Makers 3/09/23

Asia Broadband Surpasses Initial Release Target For Its Gold-Backed Baboons NFT Collection, As Amazon NFT Marketplace Announces Upcoming Launch 3/07/23

Asia Broadband Gold-Backed Baboons NFT Collection First Release MINT’s Today at 3 PM EST 2/28/23

Asia Broadband Resource Report Development Program Progresses at the Bonanza Gold Mine Project in Mexico 2/22/23


Old News

Asia Broadband Launches Mobile App Versions of Proprietary Cryptocurrency Exchange  3/22/22

Asia Broadband Prepares For Imminent Launch of Mobile App Versions of Proprietary Cryptocurrency Exchange  3/15/22

Asia Broadband Signs Letter of Intent to Add Adjacent Properties to the Recent Zodiac Acquisition High-Grade Gold Mine in Mexico  3/09/22

KYN Capital Group Pushing the Digital Envelope with Pay.How, AABB Wallet and KoinfoldPay™  3/03/22

Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Zodiac Gold Mine Project in Buen Pais Mexico  3/01/22

Asia Broadband Enters High Growth NFT Market to Accelerate Digital Asset Expansion  2/22/22

Asia Broadband Expands the AABB Wallet Commercial Client User Base Within Its Growth Strategy  2/10/22



Press Releases
 

Asia Broadband Sets December Launch Date for Proprietary Cryptocurrency Exchange (*December 28th, 2021)

December 8, 2021 - 9:50 am

LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has now confirmed a December 28, 2021, release date for its proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch.

In collaboration with the Company’s digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of the Exchange. There have now been 150 cryptocurrency Exchange trading pairs added into to the BCGateway platform and 50 more trading pairs are planned to be added in the coming weeks. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website.
https://www.stocktitan.net/news/AABB/asia-broadband-sets-december-launch-date-for-proprietary-97e217qbixc3.html

 

Asia Broadband Signs Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project in Acaponeta Mexico
LAS VEGAS, Nov. 30, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has signed a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. The Company came to terms with Martin Augusto Vallejo Lujambio for the 19.25 hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The total purchase price of the property was $6 million split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband Inc. The Bonanza gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings.

Located in the prolific mining region of Acaponeta in Nayarit, Mexico, the Bonanza property has shown high-grade gold assay results from recent samples and drilling activities with the most significant gold values of more than 10 grams per ton (g/t). Company management is excited by the Bonanza acquisition for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits

AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-155700261.html



Asia Broadband Exceeds $1.1 Million in Gold-Backed Cryptocurrency Sales Last Month Prior to Launch of Proprietary Cryptocurrency Exchange
LAS VEGAS, Nov. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has recorded over $1.1 million in AABBG Gold Token sales within the recent 4 week period ending November 15, in advance of the imminent launch of the proprietary cryptocurrency exchange (the “Exchange”). AABB’s primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets of North America and Europe and expand globally to other predominant and high growth market areas. AABB embraces a pioneering philosophy with its truly unique Mine-to-Token vertical integration operational approach that strives toward complete independence from FIAT currency.

The launch of the Company’s AABB Wallet in March 2021 introduced its AABBG token’s initial release to the market that is backed by $30 million in physical gold the Company currently holds. Further token releases will continue to be backed 100% by additional physical gold acquired from the Company’s future mining production, gold purchased from cash reserves or credit. At today’s market price of gold, the one-tenth (0.1) gram of gold backing the AABBG token price is approximately $5.96 USD. The token price is tied to and supported by the Company at the market price of gold at a minimum. As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease. However, the potential upside price of the token will be driven by market demand after the Exchange launch.

Additionally, the Company is continuing to collaborate diligently with the Exchange developer to integrate and test the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. Just recently, over 100 cryptocurrency Exchange trading pairs have been added into to the BCGateway platform. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. AABB management and the development team are thrilled in anticipation of the approaching Exchange launch.
https://ca.finance.yahoo.com/news/asia-broadband-exceeds-1-1-154300335.html


Asia Broadband Prepares For Imminent Launch of Proprietary Cryptocurrency Exchange
LAS VEGAS, Oct. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. AABB management and the development team are excited in anticipation of the approaching Exchange launch.

The new platform of the Exchange, the BCGateway, is complete. This allows for an expanding number of cryptocurrencies to be added. The BCGateway platform now accepts and supports 82 cryptocurrencies to purchase the AABBG token in the AABB Wallet, as shown on the new Exchange website AABBExchange.com. Trade pairs for exchange are also being created from this growing list of cryptocurrencies.

Additionally, all customer accounts have now been migrated to the BCGateway, which will increase the speed of the AABB Wallet navigation and transaction processing. The network has also become more robust with a larger capacity for increases in transaction volume. Generally, the BCGateway will stimulate transaction growth by allowing for reduced blockchain gas fees for all currencies and increases in speed of deposits, withdrawals, and internal transactions.
https://ca.finance.yahoo.com/news/asia-broadband-prepares-imminent-launch-153000269.html


Asia Broadband Signs Definitive Joint Venture Agreement for Producing Tequila Gold Mine Project in Mexico
LAS VEGAS, Oct. 21, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has signed a definitive joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project and 100% of the current and future gold production from the property. The Company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792 hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. In addition, negotiations are ongoing to add additional concessions to the Tequila Project joint venture.

The Tequila property is currently producing gold, silver and base metals from its 25 ton per day (tpd) processing facility and all efforts are underway to significantly increase daily production capacity with a mill facilities expansion installation in the first quarter of 2022. AABB will be continuing the previous exploration and drilling program on the Tequila property done by a Canadian mining company that revealed multiple gold and silver mineralization veins with high-grade potential. The additional development work on the property will facilitate the completion of a professional geological resource assessment report and further define the scope of the joint venture’s capital budget going forward.

The Tequila gold project is another high yield asset addition within the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings. Company management is exhilarated with the Tequila project for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits.

AABB continues to implement its mining property acquisition strategy to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
https://ca.finance.yahoo.com/news/asia-broadband-signs-definitive-joint-161000617.html

Asia Broadband Reduces Total Outstanding Shares With 107 Million Share Retirement

LAS VEGAS, May 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that AABB’s management and Board of Directors have approved the retirement and return of 107 million restricted common shares to the Company treasury. The share retirement process has been initiated with the Company’s transfer agent and is anticipated to be completed in the coming weeks. The Company initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. AABB expects to retire additional shares to the Company treasury in the near future with the ongoing plans to continue the shareholder value initiative.

In other Company news, AABB will be releasing a progress update of the Company’s proprietary cryptocurrency exchange version of the AABB Wallet that has been under development with Core State Holdings, Corp. since the recent launch of the AABBG gold-backed token. After completion in the coming months, the exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The proprietary exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG, influenced by market demand and the limited supply of tokens released into circulation.

Asia Broadband Receives High-Grade Assays Results for Prospective Gold Mine Acquisition in Acaponeta, Mexico

LAS VEGAS, May 25, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Asia Broadband Inc. (OTC: AABB), please note that in the second paragraph of the release, the link to access the Acaponeta-Bonanza Preliminary Geological Report is https://asiabroadbandinc.com/acaponeta-bonanza-report The corrected press release follows.

Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has received mapping and rock sample assay results during the ongoing due diligence process with respect to the Letter of Intent to acquire a historic production gold mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target is located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo. The Acaponeta gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings.

To download the complete Acaponeta-Bonanza Preliminary Geological Report, go to: https://asiabroadbandinc.com/acaponeta-bonanza-report

The assays in the geological report revealed high-grade gold, silver and copper values from the non-targeted rock samples that were randomly collected throughout the property at the beginning of the due diligence procedures. Some of the most significant gold values were 10.4 grams per ton (g/t), 8.9 (g/t) and 6.8 (g/t). The Company is highly encouraged by the viability of these preliminary results that strongly indicate that targeted drilling samples directed by geophysics data could confirm similar high-grade mineralization values and concentrations throughout the property.

AABB will be collecting preliminary drilling samples and publish video footage next week in expectation to confirm further high-grade assay results. In the weeks ahead, the Company will be conducting further due diligence and continuing its negotiations to acquire this tremendous potential acquisition to expeditiously advance AABB into production and an expansion program.
AABB management is exhilarated with the Acaponeta project for its potential for rapid development, high production and low operating costs and anticipates completing an acquisition agreement in the very near future.

About Asia Broadband
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 Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.

Contact the Company at:

Investor Brand Network

 

General Email:

ir@asiabroadbandinc.com

Token Support:

www.AABBGoldToken.com/support/

Company Website:

www.asiabroadbandinc.com

Token Website:

www.AABBGoldToken.com

Phone:

702-866-9054

 

Asia Broadband Increases Stock Dividend For Shareholders

https://ca.finance.yahoo.com/news/asia-broadband-increases-stock-dividend-123000573.html

Asia Broadband Confirms $16.8 Million Annual Gross Profit Affirming Mining Operations Development Success

https://ca.finance.yahoo.com/news/asia-broadband-confirms-16-8-123000714.html
 

--- AABB SECURITY DETAILS ---

Market Cap: 
$59,294,072 (3/27/2024)

Share Structure:

Authorized Shares: 3,600,000,000 (3/26/2024)
Outstanding Shares: 3,104,401,657 (3/26/2024)
Restricted: 
138,885,568 (3/26/2024) - Unrestricted: 2,965,516,089 (3/26/2024)
Held at DTC: 2,892,406,861 (3/26/2024)
Float: 2,381,532,511 (12/31/2023)  Par Value:  0.0001
Source: https://www.otcmarkets.com/stock/AABB/security


________________________________________________________________________________________________________________________________________________________________
 

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From Ihub's Handbook:  No Moderator should be deleting or editing other Moderator's content in the iBox. Feel free to add any information to the Intro that adheres to the rules of this site. However, prior to deleting others' content, it should only be done with all Moderator's approval. New moderators should add their content to the bottom of the Intro. We recommend that all moderators group and delineate their content into a section by adding a horizontal line to the top and bottom, and indicating at the top of the section, for example "This section maintained by [alias]". 

Coming Soon:  Links to the SEC for filing complaints about scam stocks, some information about mining scams, how to spot them, etc.  Here's a good one for starters.....

To report fraud to the FTC, visit ReportFraud.ftc.gov. And to learn more, check out its additional guidance at ftc.gov/cryptocurrency.

More links coming....in the meantime.....here's some good stuff about cryptocurrency and how most of them are set up by scammers, they are worth absolutely nothing, cannot be used for anything, and cannot be redeemed.    

Cryptocurrency buzz drives record investment scam losses ...
https://www.ftc.gov › blogs › data-spotlight › 2021/05

May 17, 2021 — Share This Page · Promises of guaranteed huge returns or claims that your cryptocurrency will be multiplied are always scams. · The cryptocurrency ...

Cryptocurrency scams have soared 1,000% since October ...
https://www.cbsnews.com › news › bitcoin-cryptocurrenc...
The FTC data, released Monday, showed about 7,000 reports of crypto investment scams received by the agency since last fall, with a median loss ...
Jun 17, 2021

FTC Tips to Protect Yourself From Cryptocurrency Scams
https://www.aarp.org › money › scams-fraud › info-2021
May 21, 2021 — The FTC received reports of more than $2 million in such losses due to Musk impersonators between October 2020 and the end of March 2021. A ...

U.S. Saw More Than 80,000 Cryptocurrency Frauds In 2020 ...
https://www.forbes.com › simonconstable › 2021/06/29
Jun 29, 2021 — Scam Initial Coin Offering. “Scammers will often lure investors with an ICO for a completely fabricated cryptocurrency,” the report states.


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