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I think that AABB is so under the radar. Only a few of us post here, very little tweeter action. I do feel that will change once the $34 mill deal is finalized and we get some results from Phase 1 of the drilling program.
AABB
We have soooo much to look forward to in the near future:
- Q3 results
- Results from Phase 1 drilling program ( will we get a sense of gold reserves on property?)
- Finalization of $34mill funding deal with details
Should be a great couple of months coming up.
AABB
What a professional company. They keep shareholders informed and plan everything out and work their plan. No wonder they have people who want to invest $34mill.
AABB
Email: ir@asiabroadbandinc.com
Website: www.asiametalsinc.com
Phone: 702-866-9054
Rebecca Whitmore
Investor Relations
AABB
We could get an update on the drilling program soon.
AABB
AABB
On June 20th the company issued a PR on 2Q sales. If they keep in step we could see a 3Q PR on sales shortly.
AABB moves forward on $34mill LOI
LAS VEGAS, Sept. 19, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated the finalization of a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico. Subsequent to the signing of a Letter of Intent (LOI) for the joint venture with a Chinese holding company and an evaluation due diligence period, there is agreement from both parties to move forward with the joint venture agreement. The key terms of the agreement are a $34 million capital commitment allocated over a 3 year period, a $5 million initial payment within 30 days of signing the final agreement and a $12 million minimum capital outlay in 2019. The final binding and operating terms of the agreement are expected to be defined and consented to within a 45 day period. The joint venture capital will be allocated to significantly expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity.
"The completion of the joint venture agreement in the coming weeks will be a powerful synergy for us at this time with the availability of significant expansion capital in combination with our resource delineating drill program. We are thrilled with the progress we made through the summer months to bring everything together to this point," affirmed James Gilbert, the Company President and CEO.
Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.
Contact the Company at:
Email: ir@asiabroadbandinc.com
Website: www.asiametalsinc.com
Phone: 702-866-9054
Rebecca Whitmore
Investor Relations
AABB moves forward on $34mill LOI
LAS VEGAS, Sept. 19, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated the finalization of a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico. Subsequent to the signing of a Letter of Intent (LOI) for the joint venture with a Chinese holding company and an evaluation due diligence period, there is agreement from both parties to move forward with the joint venture agreement. The key terms of the agreement are a $34 million capital commitment allocated over a 3 year period, a $5 million initial payment within 30 days of signing the final agreement and a $12 million minimum capital outlay in 2019. The final binding and operating terms of the agreement are expected to be defined and consented to within a 45 day period. The joint venture capital will be allocated to significantly expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity.
"The completion of the joint venture agreement in the coming weeks will be a powerful synergy for us at this time with the availability of significant expansion capital in combination with our resource delineating drill program. We are thrilled with the progress we made through the summer months to bring everything together to this point," affirmed James Gilbert, the Company President and CEO.
Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.
Contact the Company at:
Email: ir@asiabroadbandinc.com
Website: www.asiametalsinc.com
Phone: 702-866-9054
Rebecca Whitmore
Investor Relations
AABB moves forward on $34mill LOI
LAS VEGAS, Sept. 19, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated the finalization of a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico. Subsequent to the signing of a Letter of Intent (LOI) for the joint venture with a Chinese holding company and an evaluation due diligence period, there is agreement from both parties to move forward with the joint venture agreement. The key terms of the agreement are a $34 million capital commitment allocated over a 3 year period, a $5 million initial payment within 30 days of signing the final agreement and a $12 million minimum capital outlay in 2019. The final binding and operating terms of the agreement are expected to be defined and consented to within a 45 day period. The joint venture capital will be allocated to significantly expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity.
"The completion of the joint venture agreement in the coming weeks will be a powerful synergy for us at this time with the availability of significant expansion capital in combination with our resource delineating drill program. We are thrilled with the progress we made through the summer months to bring everything together to this point," affirmed James Gilbert, the Company President and CEO.
Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.
Contact the Company at:
Email: ir@asiabroadbandinc.com
Website: www.asiametalsinc.com
Phone: 702-866-9054
Rebecca Whitmore
Investor Relations
LAS VEGAS, Sept. 19, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated the finalization of a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico. Subsequent to the signing of a Letter of Intent (LOI) for the joint venture with a Chinese holding company and an evaluation due diligence period, there is agreement from both parties to move forward with the joint venture agreement. The key terms of the agreement are a $34 million capital commitment allocated over a 3 year period, a $5 million initial payment within 30 days of signing the final agreement and a $12 million minimum capital outlay in 2019. The final binding and operating terms of the agreement are expected to be defined and consented to within a 45 day period. The joint venture capital will be allocated to significantly expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity.
"The completion of the joint venture agreement in the coming weeks will be a powerful synergy for us at this time with the availability of significant expansion capital in combination with our resource delineating drill program. We are thrilled with the progress we made through the summer months to bring everything together to this point," affirmed James Gilbert, the Company President and CEO.
Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.
Contact the Company at:
Email: ir@asiabroadbandinc.com
Website: www.asiametalsinc.com
Phone: 702-866-9054
Rebecca Whitmore
Investor Relations
On July 10th the issued the PR about the LOI. It said "The LOI specifies an exclusivity clause and a timeline of up to 90 days to conduct sufficient verifications, evaluations and other due diligence activities prior to agreeing to the terms of a joint venture".
So I would expect some news by 10/10 ( I personally believe we heard something before then).
In the PR it also said " recent negotiations with multiple Asian investment groups". So they had multiple groups to choose from. This is very positive and I think going into the DD it was all but a done deal.
I look forward to the next few weeks.
What is the name of the lawyer you spoke to?
Very nice bid for 100k shares
AABB
When the LOI is completed we will have lots of buyers here!!
AABB
ABCE news out.
ABCO ENERGY ANNOUNCES EXPANSION TO THE CALIFORNIA AND
PHOENIX MARKETS
ABCO Energy, Inc, (OTC PINK: ABCE) September 6, 2018, Tucson, Arizona, announced that they
have formed two new subsidiary companies in California and Arizona and plan expansion in both markets.
ABCO Energy CA, Inc. a California corporation, with offices in Los Angeles, will soon begin sales and services
in the state’s largest city. We have quoted several commercial jobs and hope to arrange financing for several
more. In addition, we have begun negotiations with a solar operating company in a city south of Los Angeles
whose owner wishes to retire. This company has over a million in sales and is fully equipped to expand. With
California’s aggressive plan to have 100% of their energy supplied by renewable resources and mandatory solar
on new home construction, this is a market we cannot avoid. Our solar powered air conditioning system is
receiving a great deal of attention when we discuss it with California housing developers.
ABCO Air Conditioning Services, Inc. was formed when we acquired a Phoenix based air conditioning services
supplier and set up our office to service the Phoenix Metropolitan cities. We have business licenses in
approximately ten of these cities and now are licensed for “Air Conditioning and Refrigeration” and “Solar and
Electric” throughout the state. ABCO Solar, Inc. has served this market from Tucson.
ABCO has signed an S1 financing agreement with Oasis Capital, LLC, a large capital funding firm for a
$5,000,000 offering that will allow us to expand rapidly in both markets mentioned above. The initial financing is
slated to take place in late September or early October as soon as the registration documents are cleared with the
SEC. An additional benefit of this S1 is that we are now clear of all financing with convertible debentures so the
fixed nature of this S1 financing will not disrupt our market for the stock in such a volatile manner.
“ABCO has a current $1,500,000 backlog in the Tucson market and will require this capital in the near future to
complete our projects and expansion, said Charles O’Dowd, CEO of ABCO. We have begun recruiting in these
markets and will be well established in a short period of time. Our ten years of experience will allow the growth
to come naturally and our experience in management, purchasing and customer financing coupled with capital
resources will transition us through this growth in a smoother manner”.
BCO Energy is in the Photo Voltaic (PV) solar systems industry, the LED and energy efficient lighting business
and is a dealer for a solar powered air conditioning system. The Company plans to build out a network of
operations in major cities in the USA to establish a national base of service operations centers. This combination
of services, solar PV, solar HVAC systems and LED lighting provides the Company with a solid base in the
growth markets of renewable energy applications.
Safe Harbor Statement
Note: Certain statements in this news release may contain “forward-looking” information within the meaning of Rule 175
AABB news out. They received the drilling equipment on site.
https://www.otcmarkets.com/stock/AABB/news/Asia-Metals-Inc-Announces-Delivery-of-New-Drilling-Rigs-and-Equipment-to-Guerrero-Mine-Site?id=202798
Excellent post Smitter. I bought ABCE because of the revenue, grow and limited amount of notes. I also expect that we will hear from the company on reasons and the future plans.
Maybe someone can sticky your post.
ABCE
Yes it was a nice little paint job but look how thin L2 is on the ask.
We are in for a great ride this fall. My guess is that the LOI closes in Sept. and we rock.
AABB
You post the wrong information... so no coincidence
ARGQ
The information you posted is incorrect. You posted about the wrong company.
ARGQ has a deal with Creditum Limited (https://creditum.io/)
And right now this party is soooo under the radar. Wait until it get's noticed.
AABB
And when they announce the completion of the $30mill LOI how much will it gain?100%? 200%? More?
It should be soon!
AABB
Float is surely locked. This will be an amazing end of year runner.
AABB
They just need to continue to execute to get the confidence of the market.
So far they only closed on one fund. Once they close on the remaining 3 there will be more confidence in the market and the price will rise.
One thing that 99% of the people on this board don't realize is that ARGQ paid 2.7 times revenue for the first fund. The average paid for funds like this is 5 times revenue... so ARGQ paid below market price for it. Maybe because the fund manager/owner is like 80 years old and wanted out?
They must have been able to arrange financing at $.0045 because of the forward view of the company.
With 3Q alone looking like well over +500% over last year
ABCE
Totally agree! We have sooooo much to look forward to. Q3 is going to be crazy good.
ABCE
Yes. Most people don't bother to read what is in black and white.
And will question everything without reading.
ARGQ
Yes. I like to look forward to the next Q to see what happened because they might have gotten a big order that fell into a Q one year and not the other.
Great Q! Great Financing!
I looked at last year's 3Q and they only had $265,856 in revenue.
We know based on the 8/9/18 PR that they already booked over a $1mill in revenue for the 2018 3Q. So next Q is going blow last year's out of the water.
ABCE
Do yourself a favor and read the 8K dated 6/11/18 and read the exhibit No. 10.1 attached to it. It is the funding agreement. All of the detail is in it.
Bottom line is ARGQ has a great deal here. At $.02 the lender is at breakeven on the principal and only makes the interest (6% per year) as a profit.
If the price isn't $.02 or higher come Jan. 2019 the lender can either delay getting shares or get shares at a conversion rate of $.02.
It is in shareholders best interest the higher the price is because the lender gets less shares. But the lowest level is $.02
Again you don't know what you are talking about...
ARGQ doesn't pay them back. They issue them shares no sooner than 1 year from receiving the money at a rate of $.02 or higher.
What dilution are you talking about? Do you even know what you are talking about?
The money they got to purchase the investment funds converts at NO LESS then $.02
AMMX Q out
ARGQ news out!
AMMX news! $493k in new orders
This stock is sooo under the radar. They certainly aren't pumping/promoting anything. They are just performing!
AABB
Great post! Excellent DD! I stickied it. AABB