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Just waiting PayTiently for my 3rd. Dividend for Christmas and many more every year to come.
I know nothing, just trying to figure out various company’s smoke signals.
“Lastly, AABB management anticipates revisiting the audit process for the Company later this year. The general corporate goals are to ***realize increased revenues***in all segments of operations to the sufficient levels required to qualify and apply for a major exchange uplisting.”
Asia Broadband Corporate Update
globenewswire.com
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“Furthermore, as the Company ***continues to execute its business plans and increase revenues***and net assets, management anticipates the market will acknowledge the share value in AABB. *****A major announcement***** supporting the Company’s path to growth is expected in the coming weeks.”
Asia Broadband Mining Operations Growth Initiative Sets Path to Double Net Assets to $200 Million By 2024
globenewswire.com
favicon.ico
Well maybe some of us not as smart as Kevin O’Leary “Mr Wonderful” promoting and loosing 100% of his investment in FTX. But the fat lady had not singed here yet.
https://news.bitcoin.com/kevin-oleary-reveals-how-he-almost-secured-8-billion-to-rescue-ftx-before-it-collapsed/
Yet in 4 years history of the company when they changed direction from “Broadband” to gold miner the company never went to sharks for secondary financing and still based on the recent findings is financially strong. Could the note holder be “friendly”? Would love to see the original terms of the note but I trust Chris and BOD they have put $2.8 mln @ .10 knowing all about the insides of the note.
Little AABB history on Guerrero Gold Belt Mine that some here keep on questioning.
“Asia Metals Inc., announced today that it has received the second installment of $9 Million, per its joint venture agreement with Qiangda Investments & Economics & Co., Ltd., for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico. 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 was received in October 2018 earning a 6% equity interest in the Company, a $9 million minimum payment in 2019 to earn a further 10% interest, a $10 millionminimum 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 has been 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.”
https://www.prnewswire.com/news-releases/asia-metals-inc-receives-9-million-second-tranche-of-34-million-joint-venture-funding-300971749.html
“QIEC is a holding company and facilitating subsidiary of an Asian conglomerate. 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. In 2018, QIEC signed an agreement committing $34 million allocated over a 3-year period to earn-in a maximum 40% equity interest in the Company. The investment funds were dedicated to the expansion of the Company’s gold production and property exploration operations in Guerrero, Mexico. To date per the agreement, QIEC has disbursed $24 million and earned a 28% interest in the Company. AABB jointly operates a management committee with representatives of QIEC to oversee, approve and direct budgeting, capital expenditures and decision-making regarding operational processes and expenditures.”
https://apnews.com/press-release/globe-newswire/business-corporate-news-latin-america-and-caribbean-north-america-mexico-19dc25d15f0b734b7488d8f286978b80
“Asia Metals Inc., announced today that the Company has completed the sale of its mineral property and mining operations facilities in the Guerrero Gold Belt (GGB), Mexico, to Joint Venture Partner, Qiangda Investments & Economics Co. Ltd. (QIEC). 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. Additionally, all of the operational controls and authorities of the property and facilities have been transferred to the new ownership’s designated management personnel.”
https://www.globenewswire.com/news-release/2021/01/14/2158624/0/en/AABB-Asia-Metals-Completes-82-Million-Sale-Of-Guerrero-Gold-Belt-Mine-And-Facilities-In-Mexico-To-Joint-Venture-Partner.html
Might be PennyPete flippers exiting from his pump on YouTube and advice on selling for quick flip.
PayTiently waiting for news next week.
There’s some talk about spoofing here. Might not have anything to do with $AABB (blink, blink) but interesting read anyway.
https://tokenist.com/biotech-firm-claims-citadel-other-market-makers-manipulated-stock-price/
Yeah, they don’t want him here so there are other ways of communicating for longs. Chasing him away then begging for him to come back.
Also let’s not forget that there is no market for directors non convertible preferred shares and they just received 280K restricted dividend shares. More dividends coming in the future.
This is what the Directors also looking for……
("AABB" or the "Company") is pleased to announce that the Company has received a total of $2.8 million from the four directors of the Company for the purchase of preferred shares. A total of 28 million non-convertible, preferred shares were issued at the par value of $0.10 per share with each share having 100 voting rights *****and equal participation with common shares for all future dividends.*****The Company President and CEO, Chris Torres, purchased $2.4 million of the total preferred share issuance. The entire $2.8 million share sale proceeds will be allocated to the Company's capital expansion programs.”
https://www.benzinga.com/amp/content/26809092
Could this be the bAABBoon song for the eventual celebration?
https://stocktwits.com/alidare/message/498959098
Benny, after last 2 days almost 30% move up finally we are eating like a kings.
All I want for Christmas…….
https://stocktwits.com/alidare/message/498884929
What you mean Clive needs this at .05’s so who was selling in .03’s via STXG ?
Endless naked 10K’s offers, hmmmm.
Some here claimed it was Clive selling but no prove of it.
You’ll find out soon. Kenny chasing already. Dig that hole deeper!
……..and the skin a cat might be.
Why bother with many audits, get all pieces of the puzzle together and then do one audit before up listing.
Pay attention in the class, remember this?
“Lastly, AABB management anticipates revisiting the audit process for the Company later this year. The general corporate goals are to realize increased revenues in all segments of operations to the sufficient levels required to qualify and apply for a major exchange uplisting.”
https://www.globenewswire.com/en/news-release/2022/02/02/2377912/0/en/Asia-Broadband-Corporate-Update.html
They are running business and no reason to fight the shorts right now and waste time. While shorty digging deeper hole some might be accumulating on the cheap.
Dig that hole deeper.
“One man’s short is other man’s treasure”
We were talking about project in America that I would not touch, remember? That’s why NAK came to mind.
Country is being destroyed from within.
All these gold mines see the future and know who to team up with.
Martin of Bonanza took restricted shares at around .18 at the time of the closing of the deal in lieu of $4 mln cash, bet he knew what he was doing.
Keep the DD coming Benny. Thanks!
Hope you follow the NAK saga gold mining In Alaska, that could have been the biggest gold, Cooper, RE mine in the world.
I know it’s all about the Salmon 100 or so miles away while people there mostly on welfare.
Bukele said it the best, “US is falling so fast it have to be done from within”
Did you ever get a chance to inspect NAK that’s fighting for over 20 years to get permits, you know the one that’s about the salmon many miles away. I’m so glad AABB in mining in Mexico and marketing to S. America and Asia. If this would be in America I would never touch it.
Blockbuster movie it could be….El Torro production…..
“Don Emilio's account of what subsequently happened to the mine in the hands of the union is just as full of pathos, exhilaration, greed, betrayal and tragedy as the first part of its history, but I have no more room to tell it. Suffice it to say that—thanks to this information published by historian Carlos Parra—it has been revealed that the Saga of the Amparo Mines has all the ingredients—and then some—for a blockbuster movie, with enough of a dark side even to merit the interest of that master of horror, Guillermo del Toro. Are you paying attention, Memo?”
http://www.saudicaves.com/mx/amparo3/index.html
Penny, all the stars are starting to align.
DD is done and now just waiting PayTiently.
Are they getting ready for sone event? What’s the rush?
Could the “major announcement” be planned?
TicTok, TicTok……
https://www.prnewswire.com/news-releases/the-republic-of-el-salvador-announces-an-invitation-for-offers-to-tender-for-cash-its-2023-notes-and-2025-notes-301689071.html
Could the major announcement be El Salvador related?
As promised, today we launched the purchase offer for our remaining external debt due from 2023 to 2025 🇸🇻
— Nayib Bukele (@nayibbukele) November 29, 2022
All holders of bonds of the Republic of El Salvador can access this voluntary repurchase.
Last time $46 million in offerings remained outstanding. https://t.co/TQXnhxpQ0a
“What Is Going on With Asia Broadband (AABB) Stock Today?”
“AABB signed a deal for gold and silver ore production”
https://investorplace.com/2022/11/what-is-going-on-with-asia-broadband-aabb-stock-today/
News out….
“Asia Broadband Finalizes Milestone Production Agreement For Large-Scale Gold and Silver Ore Stockpile in Mexico”
https://www.stocktitan.net/news/AABB/asia-broadband-finalizes-milestone-production-agreement-for-large-lub225tscdaj.html
Could there be another “Tuesday news day “? PayTiently awaiting.
“PayAABB is the crypto payment gateway that will soon join the AABBG Token ecosystem. Using SSL certificates, Google 2FA, and Google Authenticator, this product has a security rating of 99.95%. Aside from that, the system employs in-house encryption.
The gateway can process international payments with fast execution. Setting up PayAABB is a straightforward procedure, as the company explained. You may use PayAABB as a mobile app or a plugin for your internet store.
*****The beauty of decentralization in the blockchain is the removal of intermediaries. PayAABB does not require any third-party approval to perform a transaction.*****
PayAABB will work on B2C and B2B transactions, allowing the phone-to-phone transfer of money.”
https://bitcoinist.com/aabb-gold-token-ready-to-expand-its-ecosystem/amp/
Have you noticed latest performance in all crypto related world , as in these high flyers MARA and RIOT just to name a few?
“If you build they will come”
Just as phase 2 in Biotech world. Phase 3 might be coming and final world approval.
Do your own DD and as they use to say at OTB, ……
“Bet with your head not over it”
“We can see Management has Plenty of Irons in the Fire,”…….
https://stocktwits.com/alidare/message/498406499
I think I sew Mr. Daniels on the bid with 10 big ones. Post # 5000 looked nice. Let’s see it happens.
#PayAABB
Vladimir Putin Asks for Creation of a Digital Payment System for International Settlements
“Based on the technologies of digital currencies and distributed ledgers, it is possible to create a new system for international payments, and much more convenient, but at the same time completely safe for participants and completely independent of banks and interference from third countries,” Putin stated.”
https://watcher.guru/news/vladimir-putin-asks-for-creation-of-a-digital-payment-system
Everything is being built to get audited at once.
And then
“When you build, they will come”.
“Description
The Gold Rush of our generation is here, and it’s here to stay. Bitcoin might feel like a lost opportunity now, but that was only the beginning for crypto. The second inning has now begun with NFT’s and the announcement of the metaverse. Don’t take my words for it though, have a look at some of the statistics:
The rise in cryptocurrency use has been mirrored by the rise in NFT transactions.
Global NFT transactions exceeded $300 million in 2020!
NFT transactions have risen from $40.96 million in 2018 to $338.04 million in 2020. That’s an increase of over 8x in two years!
The most expensive NFT sold for over $91 million!”
“Men lie, women lie, but numbers don’t. And the numbers clearly show that NFT is on an upward trend without any signs of slowing down. However, the aim of this book is to give you the hard facts, not just the positives, we’ll also focus on the negatives to help you avoid mistakes.
We’ll assist you with analysing the market like a professional and be “greedy when others are fearful, and fearful while others are greedy”.
For everyone who is on the side-line watching NFTs go up in value, the time is now; uncover the hype and position yourself to take advantage, it’s either now or never… the choice is yours.”
“THE NFT GOLD RUSH: How cryptocurrency, NFT art and the blockchain are revolutionising finances. Discover the future & past of crypto and uncover proven strategies to build wealth & assets.”
https://a.co/d/hIJF8wq
Yo Kenny, the rumors out there of 6.2 Bln nakkid dance. Could that be true or just Kenny and JANE playing strip poker or just menage a trois with STXG.
Musical chairs will start soon and they’ll eat there owns.
"He who sells what isn't his'n, must buy it back or go to pris'n."
_ Daniel Drew
$AABB $AABBG.X
“Additionally, the ONBTC, or the National Bitcoin Office, *****will assist foreign Bitcoin, blockchain and cryptocurrency businesses *****and investors who sought to do business in El Salvador and visit the nation, as well as actively promote El Salvadoran involvement in various international forums. Also, ONBTC would be responsible for managing and analyzing all individuals, requesting meetings with the president to introduce Bitcoin and blockchain technology to El Salvador. The coordination of efforts linked to the creation of pertinent Bitcoin and blockchain policies as determined by the presidency is another duty of the Bitcoin Office.”
https://twitter.com/bitcoinofficesv
I got me some of these lows. The liquidity providers ain’t to bad , someone still scooping these cheapies. One man’s junk is other man’s treasure.