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Fasten your seatbelt!
There will be a significant spike here. Shorts hammered this after the 150 mil shelf was registered on 12-6-23. They cant take profit unless they cover. They have a shit ton to lose and were banking on the shelf for shares to cover with. Once the company go's private they lose the capital they bet on a short position that cant be covered.
One of us definitely can’t read financials. Look in the mirror . Price action since 2021 says the guy who sucks at reading financials is staring back at you.
AABB still owns a 28% stake in Guerrero according to the companies own PR's. All the cash and gold shown in the financials to date came from the sale of AABB 72% interest of Guerrero to their Joint venture partner. Not one photo of this mine has ever been produced or an actual concession number. No photos/ videos of Torres or any other board members in or near this mine they still own 28%. Funny zero "revenue" from this mine in the financials too. Matter of fact zero evidence of any operating/producing mine. Yet somehow mining revenue shows up in the financials. Lots of pictures and videos of Torres and his gang in non working mines, construction sites, factories producing machinery, pointing at bitcoin signs in El Salvadore and etc. Can any of you produce one photo or vid of Torres in a confirmed working/producing mine site owned by AABB? Yeah .......thats what I thought. How does todays flavor of AABB kool-aid taste?
Your welcome!
That fresh OTC I mentioned yesterday is starting to pop. CTB fees are over 200% now.
How come all videos and photos are of stuff being built or old mines not in operation. Have yet to see any proof of an operating/producing mine especially for entire 2023. Instead we get sugarcane field pics/vids and Torres everywhere but any operating/producing mine. The revenues are likely 100% fabricated.
Um where did the "mineral production sales" come from? Not one video of any "operating" mine for entire 2023. Tequila was the only one in operation and proof was sketchy.
CTB fees over 200% now...pressure is building for a huge rip.
LOL.......Trying to teach the longs real math not BENNY math. How am I doin?
CTB fees over 100% and float less than 10 mil. Strong bounce coming.
Wen 28% of Guerrero interest in financials since 2021?
Building a nice position. Lot of BTC sympathy gonna happen soon.
Full transparency ...I have taken a position in James Gilberts other OTC ticker. Bitcoin hype makes it a huge sympathy play.
Looking tasty for a swing.
CTB is all that matters. Shorts were betting on BK. Last post about it on this board.
The internet never forgets. Got a parking ticket from 20 years ago? Yep Google will find it with a simple name search. Funny how there is zero internet history on Torres and the rest of the board outside of all the AABB PR's. Almost like they dont exist outside of AABB huh.
There is a real potential MOASS stock that just hit OTC. It delested from NASDAQ over night with zero debt and under 10 mil OS. Shorts are in real trouble on this one as borrow fees still over 100%. Going to be almost impossible to cover without a huge spike due to the low float. Do some real DD and find it. You wont be disappointed.
AABB also retained 28% of Guerrero interest according to the sale PR.
"The principle consideration terms of the sale agreement have been delivered and included a $52 million cash payment, a $30 million transfer of gold bullion and an assignment of a 28% equity interest back to the Company"
Why hasn't any financials since the sale sale showed any more earnings from Guerrero? They still own 28% of a mine so valuable that they got 50 mil cash and 30mil bullion. Stop drinking the kool-aid. They hang themselves with their own documents. Once you detox from the hopium addiction it is super easy to see.
Actually it is super easy. They never reinvested the money (cash/gold) from the Guerrero sale. Us registered company so capital gains should have been massive as it was almost all profit. Remember they PR'd the purchase price of the mine. All financials after sale show zero tax paid on the profit. This will be shut down down eventually by a three letter agency. Question is which......IRS......SEC.....FBI?
And maybe try fact checking Torres resume’ someplace other than an AABB PR. How stupid are you?
Watch the PR videos of Torres again from last summer regarding the processing equipment. Definitely not CEO material. Just a paid shill reading Q cards. The morons behind this scam forgot to put any mining expertise/ experience in the bios for all of the board.
Remember what kind of narcissist liar you are dealing with here. MOMORAPTOR continued to pump SRGE through an SEC suspension. Accused the rightful owner’s of the mine with Southridge Energy logo’s on the water tanks of being thieves. When the story of SRGE officers phony murders came unraveled did it stop Momo from pumping Ihub full of lies? Nope! BENNY will continue to do what he is paid to do. Ensure that an endless stream of suckers buy the WC dillution.
Looks like someone actually contacted Bejing to confirm AABB purchased Crushing equipment. Not looking good for longs.
BENNNY VU is now a good time to liquidate all assets to buy more SRGE? After all it was verified and confirmed that some Southridge Energy logos were on water tanks at a mine site in Mexico. Oh right………forgot……..SRGE didn’t own a single thing at that mine site. I promise I will be long and strong on SRGE just give me the word. I am certain that reading your super stoked all caps and bold posts is the only DD I need to get rich investing in SRGE.
What’s really funny about the PR claiming to be “negotiating the closure” of the note is the 2015 year end filing clearly states the company doesn’t need anyone’s permission to redeem the note. No “negotiations “ are required if the company wanted to gee…..you know ….advocate for common shareholders best interests. They could have just done it provided they gave the note holder the amount of notice required by the term of the note. WC had zero I repeat zero power to stop the company from doing a complete cash buyout.
Here is the link to the 2015 year end filing. The buyout language is second to last paragraph on page 14.
https://www.otcmarkets.com/otcapi/company/financial-report/189353/content
This is the buyout language pulled from the 2015 annual filing prior to WC "acquiring the note in 2016".
" The Company also has the right to redeem the debentures, upon 10
days’ written notice to the holder, by paying 105% of the outstanding principal amount plus
accrued and unpaid interest."
The buyout language magically disappears in all the subsequent filings. It was part of the original note so it still applies today. There was no need to create 2 billion WC shares at .0004 when the note could have been retired with a cash payout of less than a million dollars.
More musings regarding the WC note. The original note had a "buyout" clause. As soon as the float owned by retail exceeded the shares owned by the beneficial owners, a vote was required every time WC shares were converted and the authorized shares raised. Very few knew this. When some of us began posting the actual details of the note from the filings and the issue regarding the controlled voting interest being owned by all you retail longs, magically the board bought preferred's with 1-100 voting rights. Every share converted and sold via WC after retail controlled 51% of the company required a shareholder vote due to the buyout clause of the note. Even the preferred's reqired a shareholder vote as retail technically owned 51% voting interest in the company prior to the preferred share sale. You guys could get all this money back if you focused on the real crooks instead of the imaginary "evil dirty MM's" .
There is a difference between a CEO posting a video giving clear guidance on the direction a company is taking and a person posing as a CEO reading cue cards in a PR video. Go look at Torres last few videos posted regarding the processing equipment. Does he display the rock solid confidence and experience of a real CEO?
This is interesting. Wonder if a new board of directors is on deck. Notice who is missing.
https://www.zoominfo.com/pic/asia-broadband-inc/446938090
Yep ....Who does it belong to and what will it be used for? The Stockpile story is falling apart and that is 17 miles away. How come no pics of the disappearing stockpile with AABB "exclusive agreement"? The fact that processing equipment was delivered while the rocks were disappearing from the stockpile kinda unravels the processing facility narrative. Where are they gonna get rocks to process now? Or is it really going to be a sugarcane facility?
Never trust any photos from this scam. None have helped the share price. Remember all the pics from El Salvador? The one with the CFO pointing at a Bitcoin sign was classic. Well how has El Salvador worked out? Another nothing burger from this company. You want real DD? Start with the board. Does any of the board have mining experience? Does any of the board have any blockchain, crypto etc. experience? That should be more than enough evidence that this is a scam. Torres would not know a " gold fever " if it was biting him in the rear end. And BennyMojo the fraudster in chief still wont answer 2 basic questions. Is he Tommy Vu and has he promoted SGRE or CRGP using other alias's. BuT tHe AaBb LoGo Is oN tHe bUiLdInG ..............Do a deep dive on SRGE. They did the very same thing. SRGE logos were put on water tanks at a mine site they didnt own and plastered all over social media to sell shares. Ever hear of Nascar? Are you familiar with all the advertising decals on the race cars? In all likliehood someone either photoshopped the logo or threw the real property owner a few bucks to display it on the building. You guys fell for it. This a Tommy Vu scam with a capital T
Has any of you longs put any thought into staking out that corporate mailbox in Nevada to see who actually picks up the mail? Why waste your time going to Mexico. This is a US Company based in Nevada. Someone has to keep the state filings current. I would be setting up on the corporate office 24-7 to see who is really running this Company. Notice Benny's lack of response when I asked him if he was Tommy Vu? Same response whenever he is asked about MoMoRaptor or PinkPantherStox. Last few days were key in unraveling this scam. Wont be long now.......Notice they couldnt even "paint the tape" at the end of the day? Buyers are gone and MM's will have no choice but to start dropping the price to create liquidity. The descent could be rapid as buying volume is gone due to what has been revealed.
Heard some of Tommy's Angels got mad puter skills.
Well Tommy, You had em all fooled in your other scams. You decided to relive old times with your boats and hoes videos like a true narcissist. It was google image search that gave you away this time. Might want to see an oral surgeon before the next one. Tip my cap to you sir. Well done.
Looks like we have our answer.
Well someone's got to do this. Benny, did you ever buy and sell real estate in Florida in the 1980's and early 1990's ? Did you make infomercials that were run on late night TV during that time? Were you ever investigated by the Attorney General of Florida for these activities?
Benny has never responded to the direct questions of promoting SRGE or CRGP using other aliases on Ihub. He also hasnt responded to my Tommy Vu comparison. Look at the overbite and teeth on the two. I would be shocked if they were not the same person.