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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!
It started happening already and it might continue……
“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/
Would be nice to see next dividend by the company payable in AABBG tokens and nakkid shorty would have to come up with these tokens, remaining of 5.4 million of tokens would be gone quick.
I am willing to trust management more than anonymous poster on iHub board.
But thanks for your concern.
I still feel confident after seeing BOD having skin in the game with $2.8 mill investment at .10
They know what they are doing and control of the company transferred to Mexican Nationals.
Viva la Mexico!
Looks like William Snyder could have been Bennys Mr. Daniels coming with 10 big ones many times to the tune of 46mill shares.
Could Snyder be Bennys Mr. Daniels with 10 big ones?
Benny was right that the negativity will surge on all boards.
Nakkid being dressed up. Cesar shopping for fashion.
5. Convertible Notes Payable
On January 15, 2016, the Company received $311,000 from Whitecastle Capital Corp. for a convertible note with an interest rate of 8% per annum and *****has conversion price of $0.05, *****after a 2 year period, and a 4 year term to maturity. At the option of the holder, the note was increased by $600,000 in 2020. As of March 31, 2022, the total amount of the debt outstanding with accrued interest was $685,444.
Benny keep that DD coming, driving few here crazy but few appreciate.
Q1 due by 5-16 so let’s hope will see few positive surprises.
Adding here.
Gold Backed such as AABBG could be the future….
“He added that the problem with UST is that it’s largely “backed by faith.”
“It’s not fully guaranteed, it’s certainly not fully backed by reserves,” he told CNBC. “It was really just backed by faith in the issuer effectively.”
Bitcoin investors are panicking as a controversial crypto experiment unravels
https://www.cnbc.com/2022/05/10/bitcoin-btc-investors-panic-as-terrausd-ust-sinks-below-1-peg.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Any day now and by May 16th. company will release Q1 report with updates of latest developments. Waiting patiently to hear it from the company. Let’s see some good news after insiders buying all these shares at .10 and being already 25% under water. I think they’ll knew what they were doing and now with these preferred shares have control of the company.
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.
Did you happen to notice where COIN is trading today? This crash will take everything down as more will get margin calls and need to sell all other assets including crypto to cough up the cash.
AABB is not marginable but many might be holding it in margin accounts and might need to sell to provide cash needed for margin calls elsewhere.
Printing….
24/7/365
AABB exchange fees
https://aabbexchange.com/fees/
AABB Wallet payment gateway offers a solution for processing online payments in cryptocurrency. This allows you to accept cryptocurrencies all over the world on your website or mobile app. Start accepting crypto payments on your website with the ability to accept major cryptocurrencies and start selling products online in minutes. Your site will receive complete information about the payment immediately after payment – you can even process it automatically!
https://aabbgoldtoken.com/aabb-wallet-merchant-api/
24/7/365
Mexican Nationals in control of the company as per latest preferred shares purchase and 1/100 voting power should speed up the process.
Benny you busy this evening, get few mango margaritas and let’s have some fun next week. Cheers!
Anyone who is interested in AABB for any reason and is not on company email list could easy find information from company releases here:
https://www.otcmarkets.com/stock/AABB/news
Latest updates:
TGIF! Here’s what’s new with us. Check out these updates:
The AABBG is no longer available to be purchased through the Convert. All AABBG need to be purchased through the AABB Exchange found in 'Trade'. This was done in order to increase the liquidity of the exchange.
The AABBG/BTC, AABBG/ETH, and AABBG/LTC - among others - have been added to the exchange.
AABB set a production expansion timeline for the Tequila Gold Mine project.
We completed a $2.8 million Director’s investment to fuel expansion of gold production and digital asset divisions.
We’ve been busy preparing for the launch of our payment gateway – PayAABB.
“And why would the board take over all voting control in a type of takeover?”
Mexico wants to be in full control before anything major can happen there.
Let’s see the Geologist report on these mines.
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.*****