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Added few more shares today. Could not resist cheapies. Must be Easter Monday sale.
“Ideas create wealth”
“Whatever Your Mind Can Conceive and Believe, It Can Achieve.”
– Napoleon Hill
Maybe timing and connections have something to do with it?
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.*****
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.*****
Could be very busy week in El Salvador
“The World Blockchain Festival will bring together experts who will share their visions and experiences about cryptocurrencies and the different financial technologies that this ecosystem encompasses, in addition to providing a space to learn about the Bitcoin law and the development of Bitcoin City in El Salvador.”
“The World Blockchain Festival will feature educational, networking, and entertainment spaces with artists and live shows. It will take place April 21-23, 2022, at the Salamanca Events Center in San Salvador, the capital of El Salvador.
*****Within the event, there will be access to conferences and experiences related to trends in the blockchain industry, such as decentralized finance (DeFi), the Metaverse, online payments, NFTs, and emerging technologies, among others.*****”
https://www.globenewswire.com/news-release/2022/03/04/2397210/0/en/El-Salvador-to-Host-World-BlockChain-Festival-International-Blockchain-Cryptocurrency-Conference-April-2022.html
Would be interesting to find out who got these 75mill unrestricted shares on April 4th. Anything to do with El Salvador?
Could this be the event we are all waiting for?
“El Salvador, the first country to legalize the use of Bitcoin as a legal tender, announced the hosting of the first edition of the World Blockchain Festival that will take place in the capital San Salvador and will be held for 3 days from April 21st to 23rd.”
“The festival promises to serve as a venue for networking and making business relationships and it will include events like seminars on Bitcoin, blockchain technology, Decentralized Finance(DeFi), and other important aspects of the cryptocurrency sector – such as metaverse, NFTs, and gaming. Other interesting events will include workshops, an NFTs sale auction, and a hack fest centered on application development.”
https://ubc.digital/industry-news/el-salvador-announces-world-blockchain-festival-to-be-held-in-april/
Yo Samsam should j sell my position it this company? Benny told me I’m good. Give me good reason to agree with Kenny et. al.
I plays with my money, I takes my chances.
What Janice Shell have to say?
Could CNN have more fake news here?
https://money.cnn.com/quote/quote.html?symb=AABB
I remember around 9 years ago people were posting this about Bitcoin when was trading around .50 and investors got spooked and sold for pizza.
All this talk here about .09 cents stock. LOL.
Why would you say this? Do you realize that we are talking here about .09 cent stock of the company that is being built.
It’s like buying long term option LEAP that might never expire.
“I plays with my money, I takes my chances”
$AABB $AABBG.X
Could this happen here?
“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/
Guess time will tell. Just might be interesting structure of the founders of the company. Based on the link in my previous post it shows shareholders own just under 12% so who owns the rest?
Maybe they’ll decide to take the company private and then spin off all different segments of the company in separate IPOs.
The insiders own 88% of the company so as the “Golden Rule” goes….
“The one who owns Gold, Rules”
https://money.cnn.com/quote/profile/profile.html?symb=AABB
Are there eventual possibilities here of spin offs as a separate trading companies? This would create great value to the shareholders. Build Chris, build!
Asia Metals
AABBG Exchange
PayAABB
How about Bernard? He’s been seen few times in Bitcoin City.
https://asiabroadbandinc.com/bernard-velez/
Bernard Velez – CFO, Secretary, Treasurer & Director
For the past 14 years of his career experience, Mr. Valez has continued to develop his diverse skill set as a professional consultant in areas of finance, accounting, business administration and operations management. Mr. Valez has held tenured positions in various consulting roles across numerous business sectors with BGO GOPA BUSINESS CONSULTING SC, HLB VARGAS GRAF Y CIA S.C. and GRUPO ZETA. One of the primary strengths that Mr. Valez brings to the Company is his broad network of resource consultants available to engage as required. *****Combined with his extensive educational background holding degrees in Economics, Occupation Health & Safety Management and Tax from the University of Guadalajara, Mr. Valez will lead Asia Broadband’s business administration and consultancy group to elevate operations to the next level.*****
While you digging let me know what you come up about Luis. You think he is fake or fake picture? Just be careful not to offend anyone.
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.*****
You think Chris Torres making deals with fake people?
Here’s Chris’s picture:
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.*****
Credit card soon? Would love one gold backed.
Could this one day be as big as PayPal?
PYPL have over billion OS.
Accept Cryptocurrency Payments!
“Quick and Simple Crypto Payments” Make Instant Payments Using PayAABB!
https://payaabb.com/
I love them too, salut, cheers!
Is Martin Augusto Vallejo Lujambio of Bonanza mine considered also one of the promoters? He took as part of the payment for his mine restricted shares.
https://www.mining-technology.com/news/asia-broadband-mexicos-gold/
Benny, I am hearing on many other boards that many young dreamers selling everything and working 2 jobs listening to you and buying all they can at these prices so don’t disappoint them and hope one day we all will sip some Mango Margaritas to celebrate. Cheers!
“The lack of trust in fiat is the main reason, Bristow noted, saying:
“No one believes in fiat currencies anymore and everyone’s desperate [to find alternatives].”
“The whole issue here is that everyone wants instant gratification, everyone’s already concerned about how you store your [wealth] that you’ve seen grow in the developed worlds,” Bristow said. “The emerging and developing world’s economies are in dire straits,” the Barrick Gold CEO added. Bristow further said:”
https://news.bitcoin.com/barrick-gold-ceo-says-no-one-believes-in-fiat-currencies-anymore/
This is where AABBG tokens with exchange comes in with their mines or others mines need be……
“Like it's done in the past, Bristow said gold has to innovate.”
"Gold is still too hard to own [and] to trade. The ETFs were a big boon to our industry. A lot of miners felt that it would negatively impact the equities. It was completely the opposite. It grew the industry. It made it more transparent. It allowed people to trade," said Bristow.
"The cryptocurrencies and the other competing options have forced us to realize we need to work harder to create a fungible [option that] •••••allows every person in the world to...use it to pay for things."•••••
https://www.kitco.com/news/2021-05-06/Barrick-Gold-s-Mark-Bristow-on-how-to-out-flank-bitcoin.html
Goodbye Chivo and Hello AABB Wallet and more stable AABBG gold backed crypto……
https://www.bloomberg.com/features/2022-bitcoin-travel-problems/
AABBG gold backed crypto, best of both worlds.
"The current move in Russia brings gold to the forefront of finance once more. Gold now has a very real utility for a lot of countries, enabling them to buy Russian gas.
Furthermore, a gold-backed currency is perhaps the only way to dethrone the US dollar. Foreign countries don't want to switch from a US-controlled fiat, to a Chinese controlled one. However, gold makes money neutral, and that is something everyone can get on board with.
What does this mean for investors? Owning gold is now more important than ever, and though the yellow metal has underperformed in recent years, now could be its time to shine."
"Gold and Bitcoin are at the top of this list in my opinion. Together, they bridge the gap between the past and the future. The physical and the digital. They complement each other.”
"A world for control of money. And he who controls the money controls the world.”
https://seekingalpha.com/article/4501191-russia-gold-standard-what-means-gold-bitcoin?
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/
Might Mr. Roman have thing under control there in S. America?
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.*****
T Trade for 618 @.0097 , LOL , Guess Clive needed lunch money???
MM sold to another MM for dinner money.
Will there be anything in this conference related to AABB?
“El Salvador to Host World BlockChain Festival International Blockchain & Cryptocurrency Conference April 2022”
“The World Blockchain Festival will feature educational, networking, and entertainment spaces with artists and live shows. It will take place April 21-23, 2022, at the Salamanca Events Center in San Salvador, the capital of El Salvador.
Within the event, there will be access to conferences and experiences related to trends in the blockchain industry, such as decentralized finance (DeFi), the Metaverse, online payments, NFTs, and emerging technologies, among others.”
https://www.globenewswire.com/news-release/2022/03/04/2397210/0/en/El-Salvador-to-Host-World-BlockChain-Festival-International-Blockchain-Cryptocurrency-Conference-April-2022.html
AABBG gold backed Tokens as alternative way to own gold.
Can there eventually be spinoff of gold mining company here?
AABB Gold Token (AABBG) ERC-20
Developed on the Ethereum blockchain…..
“While Bitcoin today is the largest crypto by market value, Marchesoni says, Ether could become the leader after its infrastructure upgrade, also called the "Merge," marking the end of the proof-of-work for Ethereum.”
“One of the top concerns regarding Ethereum's current network is the amount of energyconsumed during operations. Ethereum 2.0 promises to be a more sustainable alternative. The Ethereum Foundation estimates that Ethereum's PoS upgrade will decrease its energy usage by 99.95%. Ethereum 2.0 is expected to launch sometime in 2022 in separate phases.”
“There are some other key differences between Bitcoin and Ethereum. Some parts of the world use Bitcoin as a means of exchange for goods and services. Bitcoin has been adopted as legal tender in El Salvador, for example. This has been met with scrutiny because Bitcoin's volatility can be a challenge for the local population that uses it for transactions.
Ethereum's transactions are not monetary in nature; rather, a collection of codes, or smart contracts, are deployed on the network. These smart contracts are the building blocks of Ethereum applications.”
"This feature makes Ethereum dynamic and growing, while Bitcoin wants to be boring and stodgy. Ethereum's value comes from what its network can create, while Bitcoin's value derives from what its network can protect," Marchesoni says.
https://money.usnews.com/investing/cryptocurrency/articles/bitcoin-vs-ethereum-which-is-a-better-buy
$AABB $AABBG.X
Is it possible that Nayib Bukele will still appear on Bitcoin 2022 through telecast?
Might have to stay in El Salvador for latest events “huge surprise” in the country. ??
“6. Huge Surprise At Bitcoin Conference: Bukele also prepared stakeholders for a huge surprise at the Bitcoin Conference. The conference, named "Bitcoin 2022" will be held in Miami, Florida between April 6 and 9. Bukele is scheduled to speak at the event.”
https://m.benzinga.com/article/24855354
AABBG to El Salvador merchants rescue from Bitcoin volatility
https://aabbgoldtoken.com/aabb-wallet-merchant-api/
24/7/365
AABB exchange fees
https://aabbexchange.com/fees/
Benny so it looks like the company got audited in El Salvador
How to Register a Company in El Salvador?
Accountability Legalization For Firms in El Salvador
“After all of the registrations have been completed, your company must legalize its accounting system, accounting books and tax books. This has to be done by an authorized local public accountant and registered with the Ministry of Finance (which will authorize you to produce the fiscal stationery).”
https://www.bizlatinhub.com/register-create-company-el-salvador/
Also will be interesting to see later this week what surprise have for us Nayib Bukele at 2022 Bitcoin Conference when he will be guest speaker on April 7th. 4:15-4:30 pm EST.
https://b.tc/conference/speakers
Upgraded Spanish version of AABB wallet from App Store out just before the conference…….
The plot it’s thickening.
“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
AABB exchange fees
https://aabbexchange.com/fees/
Warmup to Bitcoin 2022 Conference in Miami starting April 6th?
@nayibbukele Speaks at 4:15-4:30 EST.
https://aabbgoldtoken.com/aabb-wallet-merchant-api/
https://b.tc/conference/agenda