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Have no fear, senior 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. *****
https://asiabroadbandinc.com/chris-torres/
Chris Torres – President, CEO, COO & Director
Mr. Torres is a finance and business administration professional and brings with him more than a decade of corporate, operations, manufacturing management experience, ***** most recently from several long-term leadership positions with Flex Mexico. ***** His ability to coordinate and integrate individuals’ strengths to maximize productivity has been demonstrated consistently throughout his career and will be a key asset to Asia Broadband’s operations. ***** Along with his Bachelor of Arts Degree in Economics and a Master’s Degree in Finance from TEC de Monterrey, Mr. Torres possesses a flare for technology and has extensive cryptocurrency investment knowledge. *****
“Ideas create wealth”
“The head of a major bullion dealer says gold-linked NFTs could be the answer for crypto-friendly investors that seek havens in super-volatile markets. He lays out how these assets could make an unlikely perfect match.”
https://www.businessinsider.com/crypto-investing-gold-and-nfts-may-be-a-perfect-match-dealer-says-2022-1
This might be getting interesting……
“Currently, there are only two such artists, DJ and producer Steve Aoki and indie rock band The Wombats — both of which are known for their adoption of NFTs.”
“Aoki, according to an estimate from Rolling Stone, made close to $3 million from minting just two NFT pieces out of the 11-piece collection.”
https://cointelegraph.com/news/spotify-reportedly-tests-nft-galleries-on-musician-profiles
Your questions should be addressed to IR of the company, they do respond to inquiries in timely fashion, while at it ask them will the be issuing separate financial statements for PayAABB?
What’s you talking about, Willies?
“Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., …. “
https://www.globenewswire.com/news-release/2021/01/04/2152617/0/en/AABB-Asia-Metals-Inc-Accelerates-Colima-Gold-Property-Development-Program-In-Prolific-Mining-Region-of-Mexico.html
I am so glad our CEO Chris is buying all these mines in Mexico, no fish to worry about.
Drill baby drill.
https://www.theglobeandmail.com/business/article-opposition-barrick-donlin-gold-mine-alaska/
‘Good Things Come to Those Who Wait’
But what do I know?
Asia Broadband's Upcoming Payment Gateway to Make Crypto Payments Simple and Instant
https://www.itechpost.com/articles/110692/20220516/asia-broadbands-upcoming-payment-gateway-to-make-crypto-payments-simple-and-instant.htm
En qué consiste tu billetera?
https://aabbgoldtoken.com/es/token-aabb-gold-aabbg/
But you_dont_know it hit already .0809 today.
Will this how it will be done with these “pulled certs”?
Company already gave a taste of it with their $2.8 mill invested in preferred shares…..
“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/
If you still believe in this company and vision they are on path too you might find bargain in todays price.
Many have complained last year that they have missed the 1/45 dividend. When they issued the dividend the stock price was around .16 so at todays price you are getting 50% discount to the price at the dividend time.
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.
At today’s price you are getting about 60% discount to his restricted shares.
On April 26th. 2022 "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."
At today’s price you are getting 20-25% discount to their purchase price.
Do your own DD and invest based on your comfort level.
Bad news on the gold front could be good news for the company. As gold prices being artificially suppressed with this inflation around company is able to scoop few gold mines on the cheap. Just imagine if gold would have been already $3000/oz
Dig Chris dig……
https://www.kitco.com/news/2022-05-16/Gold-s-luster-continues-to-fade-as-hedge-funds-liquidate-bullish-bets-for-fourth-straight-week.html
Company is executing as promised and only in March made another deal with Felipe group.
“purchase agreement to acquire a 100% interest in the Zodiac Gold Mine Project in Buen Pais (“Good Country”), Mexico. The Company came to terms with Felipe Chávez Serrano and group for the 200 hectare concession, # 218704, Zodiaco I, located in the community of Buen Pais approximately 15 kms southeast from the municipality of Tonila and 30 kms from the city of Colima in Tuxpan, Jalisco, Mexico. The total purchase price of the property was $700,000 and the Company has the option to acquire two additional Zodiac concessions.”
https://www.globenewswire.com/news-release/2022/03/01/2394516/0/en/Asia-Broadband-Signs-Definitive-Acquisition-Agreement-for-High-Grade-Zodiac-Gold-Mine-Project-in-Buen-Pais-Mexico.html
Look ma, they got concession number and Chris was around to shake hands with Felipe and sign on the deal……
$AABB
“signed a definitive purchase agreement to acquire a 100% interest in the La Paz Gold Mine Project in Mexico. The Company came to terms with Felipe Chávez Serrano and group for the 184 hectare La Paz concession, # 236301, located in the municipality of Etzatlan in Jalisco, Mexico. The total purchase price of the property was $700,000 and the Company is negotiating to acquire additional mining concessions in the area. The La Paz gold project is another mining asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings.”
https://finance.yahoo.com/news/asia-broadband-signs-definitive-acquisition-120000621.html
Why don’t you put YTD on PYPL or VYGVF and few others to compare. You have not seen anything yet.
Will we have “Sell in May and go away”? Except for AABB.
Stay tuned!
The War on Gold Ensures the Dollar’s Downfall
https://www.moneymetals.com/news/2022/05/12/the-war-on-gold-ensures-the-dollars-downfall-002527
Might be part of IAC.
You right, SEC should look in to it but they still might be busy with this. Maybe after they done with this case…..
https://wallstreetonparade.com/2021/08/allegation-that-ken-griffin-is-running-citadel-connect-as-a-dark-pool-is-posted-on-sec-chair-genslers-twitter-page/
Reviewing AABB Gold Token: Why It’s a Great Long-Term Investment
https://congnghenews.net/aabb-coin-price-1652645555/
How Cryptocurrency and cryptocurrency services help metal mining companies increase their capital
https://aabbgoldtoken.com/latest-news/how-cryptocurrency-and-cryptocurrency-services-help-metal-mining-companies-increase-their-capital/2022/05/16/
Wow, and nakkid shorty is hoping to cover from all these shares they think Clive will be selling on the cheap. Clive not stupid to sell on the cheap knowing about all the progress company achieved. Let’s see if he also will go preferred shares way.
TicTok,TicTok
Sister Virginia used to say, ‘You’ll be known by the company you keep.’
https://www.centralamericalink.com/noticia/carlos-slim-bets-on-gold
“Even though crypto still represents just a fraction of his total investing portfolio, O’Leary did admit that *****he now spends close to half of each day exploring deals in crypto.*****He also thinks that in spite of a lot of talk of crypto regulation in the United States that it will remain just that, talk, for the foreseeable future:
“In 2022, nothing’s going to happen in the US market. I don’t think they’ll even deal with stablecoins. That geography is going to go through a very long process before it institutionalizes crypto.”
https://historianandrew.medium.com/shark-tanks-kevin-o-leary-reveals-his-crypto-portfolio-and-2022-outlook-4e6c0ec77bf2
Could they got the hint from Kevin O’Leary?
Kevin O’Leary: NFTs Are Going To Be Bigger Than Bitcoin
https://www.forbes.com/sites/stevenehrlich/2021/12/31/kevin-oleary-nfts-are-going-to-be-bigger-than-bitcoin/?sh=4d84a16f6e43
This will be the road to higher share prices and eventual up listing.
Company executives gave a 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/
Howey where do you see Bitcoin under $25,000? So much BS posted here by FUDsters, so far company delivered on their promises so let’s just be patient.
Last month, during the 12th Assembly of the International Renewable Energy Agency (IRENA), it was announced that El Salvador would host the High-Level Meeting of the Global Geothermal Alliance (GGA).
https://www.thinkgeoenergy.com/high-level-meeting-of-global-geothermal-alliance-el-salvador-sept-2022/
Central bankers from Angola, Armenia, Bangladesh, Brundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Nambia, Senegal, Sundan, Uganda, Zambia and 25 other developing countries are getting on planes today to fly to #ElSalvador - Don't worry @IMFNews - it is probably nothing
— Bitcoin Beach (@Bitcoinbeach) May 13, 2022
Central bankers from Angola, Armenia, Bangladesh, Brundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Nambia, Senegal, Sundan, Uganda, Zambia and 25 other developing countries are getting on planes today to fly to #ElSalvador - Don't worry @IMFNews - it is probably nothing.
Could there be also “White Gold” in them Bonanza hills?
Additionally, AABB has several geological reports in progress, by a qualified
professional person, for both the Tequila and Bonanza properties in Mexico.
The Bonanza report was expected last month, but was delayed intentionally to
further explore *****strong mineral indications***** that were discovered near the time of planned submission of the drill cores.
https://www.aljazeera.com/economy/2021/12/21/mexicos-lithium-and-the-global-race-to-lock-in-white
Sister Virginia used to say, 'You'll be known by the company you keep.'
https://www.centralamericalink.com/noticia/carlos-slim-bets-on-gold/amp
For now it’s all speculation, but it’s good to have nice neighbors, also I sew another Torres in the hood involved with Carlos.
Maybe waiting for Carlos to make them offer they cannot refuse. They are in high rent district.
Maybe Carlos finds interest in neighbors joint venture?
Another Torres involved there with Carlos?
Ing. Juan Rodríguez Torres -Consejero —Independiente
Was Peter Thiel worried about what’s going on now in the economy and the markets when he was buying these gold bars?
“Palantir buys gold bars as hedge against ‘black swan event’”
https://www.mining.com/web/palantir-buys-gold-bars-as-hedge-against-black-swan-event/
Waiting patiently on these geological reports.
What else in these Bonanza Hills?
I remember few years ago company was interested in “white gold” also.
Needs to be held in Mexican control and I see now Mexican Nationals are in control of AABB with their latest Preferred shares purchase and voting power.
https://www.aljazeera.com/amp/economy/2021/12/21/mexicos-lithium-and-the-global-race-to-lock-in-white
Benny, I hope one day after audit and up listing the company considers paying dividends with AABBG tokens and also spin off these separate companies to shareholders.
1. Gold Miners
2. Exchange with Tokens
3. PayAABB
There’s so much possibilities here.
Now let’s get these certs pulled and adjust the share classes.
Adding here. Can’t resist these prices.
Thanks!