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$AABB $AABBG.X
One of our Market Makers in the news lately.
Evergrande event?
I love seeing it that Benny is living rent free in many of yours heads.
Some reposted that company will be increasing OS to 10 billions, why stop at 10 just go to 20 billions that’s why insiders bought shares @ .10 so they could drop the price to trips and maybe get more down there.
Have a Evergrande Week y’all.
So let me get this straight , all being advised here not to take Bennys posts serious and we should take this one seriously. Maybe he’s playing with you all.
Buy if you believe, short if you don’t, plotting on both sides. One of the sides might be BK.
Not much more to the downside, huge upside potential if they succeed with what they are planning.
Time will tell.
They know what they are doing.
Not much can happen in Mexico without locals in control.
Many are plotting against the company and company have plot of its own.
The stock is only .07 so just treat this as never expiring LEAP option.
Best play I have ever seen as “option” play.
Will this what will happen here?
Company execs showed a little taste of this with their latest preferred shares buys.
Is Clive et.al. Next?
“What is a Dual-Class Share.”
“In fact, Class B shares are often referred to as the founders’ class because they are reserved for people who created a company. In turn, Class B have more voting power than Class A. It may also be the case that Class B shares are given to special partners and investors. As such, this category can also be referred to as “advisor class” shares.
Labelling them as “founder” and “advisor shares” is a good way to remember that they are reserved for a few influential figures within a company. Therefore, anyone within this category has more voting rights than people with Class A shares under a dual structure.”
Summary
Dual-class shares may be controversial, but they are used by several big companies. The main things to keep in mind about a multi-class share vehicle are:
That a dual-class share structure gives more power to one set of shareholders
Certain shares will be tradeable by the general public and have less voting power
Others will be restricted to certain people and have more voting power
That is the nature of a multi share class vehicle, which is an aspect of stocks and share structures that is worth being aware of.
https://www.etoro.com/stocks/dual-class-stocks/
What was that Benny saying about Kenny and JANE situation here?
Coming to the Theaters near you this fall.
Get the popcorn ready…..
It’s nice to be able to buy at 25-30% discount to the recent BOD buys at .10
Shorty did little covering today. Long way to go. We are green, might be flight to quality in mostly red day all over.
Even Bitcoin and gold having red day.
.075 +3.88%
“I got trust issues because people got lying issues.”
Trust no one!
“Trust but verify”
_Ronald Reagan
“El Gringo Pussygato”
Looks like IAC on the way.
sembra buono…..
https://it.benzinga.com/2022/06/03/asia-broadband-crypto-token-sostenuto-oro/
BOD knows this already as they put money to have skin in the game
https://finance.yahoo.com/amphtml/news/asia-broadband-completes-2-8-120000834.html
Looks like working from home or vacationing is the new norm this days.
Back to basements before midterms?
https://www.dailymail.co.uk/news/article-10878885/amp/Biden-pace-vacation-president-prepares-head-Rehoboth.html
Yep, it will go ether way , not much to the downside, let them rip and dominos fall. C’mon man…. You know the thing!
I plays with my money, I takes my chances, it’s the best ever seen never expiring LEAP option play.
Yep! Go!
Prove it!
The directors might disagree with your assessment as they threw in $2.8mill in to their conviction……
https://www.globenewswire.com/en/news-release/2022/04/26/2429000/0/en/Asia-Broadband-Completes-2-8-Million-Directors-Investment-To-Advance-Expansion-Programs.html
What selling are you talking about? Look at the volume, it’s only few playing with themselves.
"He who sells what isn't his'n, must buy it back or go to pris'n."
_ Daniel Drew
I would think that Martin Augusto Vallejo Lujambio of Bonanza mine did really good DD before accepting $4mill in AABB restricted shares.
“The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband.”
On the day of the closing of the deal November 30th. 2021 the stock price was @ .18 so this should give him around 22mill shares. He should be making nice chunk of money soon.
“ In a press statement, Asia Broadband said: “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.”
https://www.mining-technology.com/dashboards/deals-dashboards/asia-broadband-mexicos-gold/
I would think that Martin Augusto Vallejo Lujambio of Bonanza mine did really good DD before accepting $4mill in AABB restricted shares.
“The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband.”
On the day of the closing of the deal November 30th. 2021 the stock price was @ .18 so this should give him around 22mill shares. He should be making nice chunk of money soon.
“ In a press statement, Asia Broadband said: “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.”
https://www.mining-technology.com/dashboards/deals-dashboards/asia-broadband-mexicos-gold/
Asia Broadband Ready to Launch PayAABB Crypto Payment Gateway Following Successful Gold-Backed Token Release
https://coinpress.media/asia-broadband-ready-to-launch-payaabb-crypto-payment-gateway-following-successful-gold-backed-token-release/
Many moved to other forums. Few still visiting to check on Bennys posts and few worthy posters.
“Asia Broadband President and CEO Chris Torres, who bought $2.4 million of that whole, stated, “Our entire management team is committed to the company’s growth and profitability, and we have emphatically demonstrated this with a substantial long-term investment to fuel the expansion of our gold production and digital asset divisions. Our determination to succeed in every area of the company’s business has intensified now with our capital contribution.”
https://cryptonews10.com/this-mine-to-token-gold-backed-crypto-company-reports-thriving-in-an-unstable-market/
This what might happen here and company executives with their recent purchases gave taste of it already.
“What is a Dual-Class Share.”
“In fact, Class B shares are often referred to as the founders’ class because they are reserved for people who created a company. In turn, Class B have more voting power than Class A. It may also be the case that Class B shares are given to special partners and investors. As such, this category can also be referred to as “advisor class” shares.
Labelling them as “founder” and “advisor shares” is a good way to remember that they are reserved for a few influential figures within a company. Therefore, anyone within this category has more voting rights than people with Class A shares under a dual structure.”
Summary
Dual-class shares may be controversial, but they are used by several big companies. The main things to keep in mind about a multi-class share vehicle are:
That a dual-class share structure gives more power to one set of shareholders
Certain shares will be tradeable by the general public and have less voting power
Others will be restricted to certain people and have more voting power
That is the nature of a multi share class vehicle, which is an aspect of stocks and share structures that is worth being aware of.
https://www.etoro.com/stocks/dual-class-stocks/
We Have no fear, Mr. Luis is here.
https://asiabroadbandinc.com/luis-roman/
Luis Roman – Director
Mr. Roman *****spent his entire 32 year career in various municipal government service positions. During that time, he developed a vast network of government and industry contacts, which he continues to be engaged with providing consulting services. Mr. Roman’s network integration will be a significant asset to Company operations.*****
Little AABB history on Guerrero Gold Belt Mine than 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
24/7/365 revenue, that’s what important!
Cryptocurrency Exchange Revenue Up 600% In 2021, Topping Traditional Exchanges
https://insurancenewsnet.com/oarticle/cryptocurrency-exchange-revenue-up-600-in-2021-topping-traditional-exchanges
This company have nothing to do with Broadband in the long time. Few geniuses took over shell company, financed it and reshaped in different direction. Now control is being moved to local guys in Mexico who are in voting control as not much can happen in Mexico without locals in control and building the company with many possibilities. No need to distract them. If they successful it will be huge, if not then not much to go on the downside. It’s like playing LEAP option @ .074 that might not have expiration date.
I like these adds.
I plays with my money, I takes my chances.
Problem explained:
$AABB $AABBG.X
Can You Invest in Gold Through Crypto? The AABB Gold Token Story
https://coinquora.com/can-you-invest-in-gold-through-crypto-the-aabb-gold-token-story/
MoneyGram CEO Sees a Future in Stablecoin Remittances
https://au.finance.yahoo.com/news/moneygram-ceo-sees-future-stablecoin-140000790.html
“But with AABBG, your portfolio diversification is realized, and you can successfully maximize both gold and crypto markets’ potential while you hedge against inflation and market volatility.”
https://aabbgoldtoken.com/latest-news/aabb-gold-token-aabbg-price-surges-as-company-acquires-more-gold-deposits/2022/05/30/
Maybe Benny have lots of contacts in Indonesia. Don’t see any complaints about bots here.
Getting interesting.
International Awareness Campaign
I found many followers from all around the world and many from S. America and Asia where it matters for the company. The noise is spreading where it matters the most.
Could this be their part of IAC?
In 4 days since they started posting to their Tweeter account they have over 21k followers and good responses for business proposals and join ventures.
https://twitter.com/AabbToken
“In the last six months, the company has purchased or entered into Letters of Intent on five properties where they feel they have “a comparative advantage of development resources and expertise.” The company seeks shallower mines that have high grade known vein structures. While production volume may not be large, mineralization is high, making production scalable and profitable.
Tequila – Jalisco, MX, concession # 219165. October, 2021. 75% Joint Venture interest & 100% of current and future gold production from the 66.7 hectare property. Previous findings from the former Timmins Gold returned economic gold grades over appreciable widths from 14 of 18 holes.The property is now producing gold, silver and base metals from its 50 ton per day processing facility with plans to double that production capacity within the next six months.
Bonanza – Nayarit, MX, Concession # 221977, November, 2021. 19.25 hectare property. 100% $6,000,000 split into $2,000,000 cash and $4,000,000 million restricted shares. The 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).
Zodiac – Buen Pais, MX, Concession, # 218704, March, 2022. 200 hectares. 100% interest. $700,000. includes150 ton/day capacity processing plant. Assays in the geological report revealed high-grade gold and silver values from non-targeted rock samples that were randomly collected. Some of the most significant high-grade gold values were 101.6 (g/t) and 26.2 (g/t).
Zodiac II & III – Buen Pais, MX, March, 2022 – Letter of Intent on both properties.
Warehousing and Operations – The company opened a new mining operations storage and processing facility in Buenavista, Jalisco, Mexico, and a central operations office in Mexico, City, MX.
https://microcapdaily.com/asia-broadband-otcmkts-aabb-bullion-crypto-tequila-bonanza-zodiac/
Guerrero Gold Belt Updates Gold Estimates.
“Jones is confident that findings to date are not the last for the belt and given its 30-year history of exploration and extraction, Jones says he is sure more gold will be found in Los Filos. In addition, Torex’s concessions could contain up to 5 million undiscovered gold ounces.”
https://mexicobusiness.news/mining/news/guerrero-gold-belt-updates-gold-estimates
I see they still follow Benny.
Who can we trust? What’s on company’s website or anonymous posters on public boards? Hope one day will see who was right or wrong and punished for their crimes if any. Time will tell.