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Not me but Buck eye looking for DD on ST so might as well take a trip, kick the tires in Mexican mining regions.
Hope they sew these “T” trades AH above HoD prices. Maybe Clive getting better deals AH.
Gitdy up!
Gold-Pegged vs. USD-Pegged Cryptocurrencies
“One advantage to gold-pegged digital currencies is that the baseline or minimum value of the token will always be equal to the fixed amount of gold. If the digital currency becomes popular, the price of the coin can actually exceed that value. In this way, gold-pegged digital currencies offer protection against the bottom dropping out of a digital currency's value.
On the other hand, there are also risks with gold-pegged digital currencies. Blockchain is a highly secure means of tracking transactions in digital currencies; however, these tokens introduce the concern of storing a large supply of physical gold. Thus, investors should be careful to examine who stores the gold for a particular cryptocurrency and where it is housed before investing. If the gold disappears for any reason, the value of the token does too. Transparency between cryptocurrency developers, third-party holders of gold, and investors is crucial to building investor trust and, in turn, value in the digital tokens themselves.”
https://www.investopedia.com/tech/goldpegged-vs-usdpegged-cryptocurrencies/
Maybe time for trip to Mexico and listen to Don Pepe whisper.
So you doing your DD on Stocktwits now?
There are few here predicted trips by now.
Gitdy up!
Last I heard few said in the trips and Benny said $5
Place your bets.
“Bet with your head not over it”
Asia Broadband acquires more gold amid global recession fears
https://invezz.com/news/2022/07/07/asia-broadband-acquires-more-gold/
The rumor has it that there’s huge buyer of the shares to the tune of few billions shares. Just a rumor so “Trust but verify”
Golden rule, The one who owns gold rules.
Maybe the gold backed is the way of the future.
I know few of our regulars here will claim there’s no gold.
Shorts will have a good day at VYGVF today.
“Crypto lender Voyager Digital files for bankruptcy”
https://www.reuters.com/technology/crypto-lender-voyager-files-bankruptcy-2022-07-06/
Did you really expect they will tell you anything that’s not already disclosed to the public as the sale of Mine and 68mill in cash?
Need to wait till they come with more details soon or in their next Q2 report due around August 15th.
$AABB $AABBG.X
Could be any day now..
“The report is currently in the final stages of completion by a qualified professional person. The Company was expecting the Bonanza report to be delivered last month, but its completion was delayed intentionally to allow for the further exploration of strong mineral indications that were discovered near the time of planned submission of the drill cores. The AABB geological and mining operations team will utilize the report to plan the production and exploration expansion of the Bonanza concession. The Bonanza gold project is a prospective high yield mining asset in the Company’s strategic initiative to increase gold production and AABB’s physical gold holdings.”
“Subsequent to receiving the Bonanza report, the Company is also expecting the completed geological technical report by a qualified professional person for its Tequila gold mine project in Mexico.”
https://www.globenewswire.com/en/news-release/2022/06/07/2457654/0/en/Asia-Broadband-Awaits-Completion-of-Geological-Technical-Report-for-High-Grade-Bonanza-Gold-Mine-Project-in-Acaponeta-Mexico.html
$AABB $AABBG.X
Early July is here……
“Asia Broadband, Inc. (OTC: AABB) is excited to launch in early July 2022 its PayAABB, an online crypto payment gateway for merchants. With this new product, businesses can offer their customers the opportunity to complete transactions in Bitcoin, Ripple, Ethereum, Litecoin, AABBG & more as a payment option on their website or on the go.”…..
“The company’s imminent crypto payment gateway, PayAABB, will connect with the rest of the AABB solutions to provide a highly lucrative tool for both businesses and customers.”….
https://www.platinumcryptoacademy.com/press-release/asia-broadband-inc-ready-to-launch-payaabb-crypto-payment-gateway/
Benny is on the boat with the babes eating like a king but in case you are missing him, here’s one of his lates messages
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169260313
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At the same time, the Payaabb crypto payment gateway is compatible with multiple messaging platforms. Integrating this payment gateway allows you to accept payments via WhatsApp, Slack, Facebook, Viber, Discord, Telegram, and even Crypto Bot.
The Payaabb payment gateway also comes equipped with accounting tools for businesses. For instance, when using this gateway, you can access a payment requests invoice maker.
This gateway is also easy to use for customers. When the business initiates the payment process, the customer only gets to generate a QR code, and the rest gets sorted out in a few easy steps. This ease of use is the Payaabb crypto gateway’s most significant selling point.”
https://aabbgoldtoken.com/latest-news/the-prospect-of-developing-a-crypto-payment-gateway-for-retail/2022/07/04/
Get paid on the go!
Open the PayAABB app, enter the payment amount in local fiat and select the crypto you wish to accept. A QR code is then generated for your customer.
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Now you got the idea what I was posting about. Guess see you elsewhere.
As the proverb goes “every stick has two ends" these who did their DD and believe in the future in this company are adding at these cheap prices to the tune of 30-40% discounts to the latest insiders buying at .10 thanks to “liquidity providers”.
I am not saying that this will happen but as so many plotting against the company, they might have a plot of their own.
Plot is thickening.
July is here.
Just imagine VYGVF is trading now at about $50mill market cap and if AABB would take them over they would automatically up list , get their client base and losses carry forward.
There’s many ways to skin a cat as Benny likes to say.
Everyone is very careful this days. Reminds me of dot.com bust of 2000 and only strong will survive. Place your bets or keep your CD’s backed by fiat.
https://finance.yahoo.com/news/voyager-digital-provides-market-184400883.html
Maybe they believe that buying stock at 30-40% discounts to latest BOD buys or Bonanza mine seller’s 60% discount is better deal.
You might not get takers right now as many of us see better return on shares than tokens but when the shares are trading much higher then might be worthy parking the profits in tokens.
Correct.
“Deception”
Sometimes called “The art of war”
Time will tell.
Ha? I’m not Benny and can’t afford $1000/hr attorneys. LOL
Enjoy the long weekend.
The company is expecting to get the GEO reports this month, this did not say will be releasing to public or are ready to do so yet.
“LAS VEGAS, June 07, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the *****Company is expecting the completion of the geological technical report this month for its Bonanza Gold Mine Project located the Acaponeta area of Nayarit, Mexico. The report is currently in the final stages of completion by a qualified professional person. *****The Company was expecting the Bonanza report to be delivered last month, but its completion *****was delayed intentionally to allow for the further exploration of strong mineral indications that were discovered near the time of planned submission of the drill cores. *****The AABB geological and mining operations team will utilize the report to plan the production and exploration expansion of the Bonanza concession. The Bonanza gold project is a prospective high yield mining asset in the Company’s strategic initiative to increase gold production and AABB’s physical gold holdings.”
https://www.globenewswire.com/en/news-release/2022/06/07/2457654/0/en/Asia-Broadband-Awaits-Completion-of-Geological-Technical-Report-for-High-Grade-Bonanza-Gold-Mine-Project-in-Acaponeta-Mexico.html
In related or not so related NEWS!
https://finance.yahoo.com/news/kyn-capital-group-submits-koinfold-120000554.html
$AABB $AABBG.X
The reports are expected to be finalized this month and could be released any day.
If not this week then anytime in coming days to help celebrate 4th. of July.
“LAS VEGAS, June 07, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is *****expecting the completion of the geological technical report this month for its Bonanza Gold Mine Project***** located the Acaponeta area of Nayarit, Mexico. The report is currently in the final stages of completion by a qualified professional person. The Company was expecting the Bonanza report to be delivered last month, but its completion was delayed intentionally to allow for the further exploration of strong mineral indications that were discovered near the time of planned submission of the drill cores. The AABB geological and mining operations team will utilize the report to plan the production and exploration expansion of the Bonanza concession. The Bonanza gold project is a prospective high yield mining asset in the Company’s strategic initiative to increase gold production and AABB’s physical gold holdings.”
https://www.globenewswire.com/en/news-release/2022/06/07/2457654/0/en/Asia-Broadband-Awaits-Completion-of-Geological-Technical-Report-for-High-Grade-Bonanza-Gold-Mine-Project-in-Acaponeta-Mexico.html
Looks like they getting ready
https://payaabb.com/cryptocurrency-shopping-cart-plugins-2/
If you build they will come
https://payaabb.com/
“The creation of an independent hard currency in Africa would have allowed Africa to shake off the last heavy chains of colonial exploitation.”
“Qaddafi's government holds 143 tons of gold, and a similar amount in silver ... This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French franc (CFA)."
“The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a "victory lap."
"We came, we saw, he died!" she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi.
https://iai.tv/articles/why-they-killed-gaddafi-auid-1757
Dividend being so far away so first we need to pay attention to still available 22mill of preferred shares out of 50mill AS.
I bet BOD have plans and holding cards close to their chest. Who knows maybe even Ace up their sleeve.
Wild guess,
actually record day is September 15th. and the distribution could be on October 3rd. Placing this in the Q4 and time for audit and possible up listing as the company mentioned this in one of prior PR’s. Let’s see what else coming this week and in Q3.
If you build they will come….
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https://payaabb.com/merchant-tools/
https://payaabb.com/cryptocurrency-shopping-cart-plugins-2/
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Senior citizen, must be the reason he only took $100,000 action of this deal.
Maybe will help him out in retirement and need to enhance his income.
https://finance.yahoo.com/amphtml/news/asia-broadband-completes-2-8-120000834.html
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A recent survey from Visa reveals that nearly 24% of small and medium businesses are ready to accept crypto payments. Times have changed, and cryptocurrency payments are steadily building their credibility as businesses discover their many benefits.
PayAABB, a crypto payment gateway, developed by Asia Broadband, Inc. (OTC:AABB), will connect with the rest of the AABB solutions to provide a highly lucrative tool for both businesses and customers.
Accept payments online and offline in 400+ digital coins.
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