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“Selling your winners and holding your losers is like cutting the flowers and watering the weeds,” – Peter Lynch
https://www.griproom.com/fun/why-your-stock-is-always-red
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
Did Mark Bristow had AABB on his mind when he said this?
Read between the lines…..
?
“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/
or this?……..
“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
If the company will successfully mine Bitcoin in El Salvador maybe eventually they’ll issue crypto token backed by 1000th of Bitcoin as larger denomination of gold backed tokens.
Recent company comments:
“The future is digital. Of this, we are sure. And so for this reason, our AABB Gold Token is only one part of our plans to enter the world of crypto and the blockchain. Rather than simply test the waters, we have decided to go all-in and fully embrace the vast opportunities in this sphere.”
“In other related developments, the Company is also in discussions to explore the creation of a cryptocurrency mining facility in El Salvador powered by geothermal energy.”
Gold-Backed Cryptocurrency: What to Know About the Digital Token Assets of Tomorrow?
$AABB
https://hackernoon.com/gold-backed-cryptocurrency-what-to-know-about-the-digital-token-assets-of-tomorrow
Gold-Backed Cryptocurrency: What to Know About the Digital Token Assets of Tomorrow?
https://hackernoon.com/gold-backed-cryptocurrency-what-to-know-about-the-digital-token-assets-of-tomorrow
AABB deal in November….
http://mnamexico.com/wp-content/uploads/2021/12/Reporte-Mensual-11-2021-ENG.pdf
AABB deal in October…..
http://mnamexico.com/wp-content/uploads/2021/11/Reporte-Mensual-10-2021-ENG.pdf
Friend confirmed this deal was done with Seale and Associates
http://mnamexico.com/wp-content/uploads/2021/02/Reporte-Mensual-01-2021-ENG.pdf
Anyone ever was able to redeem their dollars for the gold even at the times when they claimed dollar had gold backing?
It looks like AABBG will be the real Gold Standard of today for the people.
Will the planned gold backed Digital Yuen be the gold standard of the past times?
"However, there is reason to believe that the so-called gold standard of past times was neither a true gold standard nor a financial system to welcome.”
https://coingeek.com/craig-wright-on-bitcoin-gold-standard-and-cash/
What difference you see between paying with Credit card backed by dollars or PayPal coin? I do see AABBG_pay coin and credit cards in the future as per company mentioning in one of the past comments.
Be patient all coming in time.
While AABBG token is backed by Gold……,
PayPal, What an innovation, why not just pay with US dollars? Must be great inflation protection.
Warren Buffet's "Three I" rule.
The Innovator, is followed by the Imitator, who is followed by the Idiot.
The Idiots get carried out.
“PayPal Coin” would be backed by the U.S. dollar.
https://www.coindesk.com/business/2022/01/07/paypal-is-exploring-creating-its-own-stablecoin-as-crypto-business-grows/?outputType=amp
Will be interesting to see how many more pairings will be added over the weekend.
Progress continues.
It looks like AABBG will be the real Gold Standard of today for the people?
Will the planned gold backed Digital Yuen be the gold standard of the past times?
"However, there is reason to believe that the so-called gold standard of past times was neither a true gold standard nor a financial system to welcome.”
https://coingeek.com/craig-wright-on-bitcoin-gold-standard-and-cash/
Could it be possible that the Company is slowly releasing the additional pairings to make sure everything processing properly while slowly establishing themselves in El Salvador and allowing bigger investors to get in on the cheap compliments of shorty?
I remember they originally said that the exchange will be launched is stages.
Queens Gambit, some playing checkers, while company is playing chess, sacrificing few pawns to protect the King.
Soon Evergrande check mate.
GME on!
Buying any pullbacks , friends and family doing the same, compliments of Kenny and JANE.
Good to see you back. Keep the updated DD coming.
About these additional pairs from someone who got reply from Wallet Support today
https://stocktwits.com/Foxtrotjones/message/423733563
Some years ago you could have said the same about China and USSR, times are changing. World is changing while US is sleeping. Build Back Better, LOL.
Sure sounds iffy….
“El Salvador’s populist president got into a Twitter spat with the White House, accusing the Biden administration of trying to take over his country with communist insurgents.”
https://www.washingtonexaminer.com/policy/foreign/populist-el-salvador-president-accuses-white-house-of-corruption-in-twitter-spat?_amp=true
Looks like Exchange is registered now in El Salvador
https://www.reddit.com/r/aabbstock/comments/rw623p/aabbg_exchange/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
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/
Yeah I heard the problems with Chivo Wallet…..
Goodbye Chivo, hello AABB wallet….
“However, while Chivo comes with some benefits for its users, Salvadorans can use any other BTC wallet to store, send, and receive bitcoin.”
https://cryptonews.com/news/us-could-hit-el-salvadors-chivo-bitcoin-wallet-with-sanctions-claims-ngo.htm
I also heard some rumors on this forum that Chris Torres was spotted on Bitcoin Beach not that long ago. Maybe Benny upon his return can confirm this. All these interesting rumors.
https://finance.yahoo.com/news/el-salvador-plans-legal-framework-051717777.html
"In collaboration with the Company’s digital assets developer, the continued roll out of the Exchange components *****in the coming weeks will have 200 plus cryptocurrency Exchange trading pairs available on the BCGateway platform.***** The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website.”
https://www.miningnewswire.com/newsarticle/?qmstory=6648965711895749
There’s lots of rumors on this forum and predictions, stock going to $5, stock going sub penny, there’s no dividend, there’s no tokens, there’s no mines, many of these were already proven wrong months ago, the latest rumor I had heard that there’s a negative float and some claim to the tune of 2Bill shares and as high as 3.6bill shares. All these rumors. Guess time will tell.
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
Have Chris Torres been talking to Mark Bristow?
“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/
I heard that AABB is planning to do business and open offices in El Salvador, would this qualify as an audit that they must have there before this happens?
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/
I remember someone mentioned here before about share retirement/restructure,
Will this what will 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/
While there’s a talk about banks:
There’s a News Blackout on the Fed’s Naming of the Banks that Got Its Emergency Repo Loans; Some Journalists Appear to Be Under Gag Orders
https://wallstreetonparade.com/2022/01/theres-a-news-blackout-on-the-feds-naming-of-the-banks-that-got-its-emergency-repo-loans-some-journalists-appear-to-be-under-gag-orders/
Countries accelerate shift away from US dollar
https://www.rt.com/business/544825-dump-dollar-gold/
Goodbye Chivo, hello AABB wallet….
“However, while Chivo comes with some benefits for its users, Salvadorans can use any other BTC wallet to store, send, and receive bitcoin.”
https://cryptonews.com/news/us-could-hit-el-salvadors-chivo-bitcoin-wallet-with-sanctions-claims-ngo.htm
Latest from the company that matters:
On behalf of Asia Broadband, Inc. (OTC: AABB). *****its talented team,*****and AABB Wallet, we want to wish you a joyful Merry Christmas and a happy upcoming New Year!
We wish you, your family, and close loved ones a wonderful holiday season. May it bring you and everyone close to you lots of peace, joy, *****and most importantly - great health!*****
In 2021, we have successfully entered the cryptocurrency industry, attained a very supportive community, and we were able to achieve all the objectives and goals we have outlined for the company.
Therefore, we're enjoying our Christmas break but will be striving into 2022 with our chins up, and with bursts of energy and dedication! With the trading phase of the exchange being launched next week, *****2022 will surely be a blast!*****
https://www.globenewswire.com/news-release/2021/12/08/2348472/0/en/Asia-Broadband-Sets-December-Launch-Date-for-Proprietary-Cryptocurrency-Exchange.html
A wonderful holiday season to you, *****and let's hit 2022 out of the ball park!*****
I have been reading allot that AABB have large amounts of shares in the control of insiders and founders of the newly created company pass Broadband.
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/
Let’s hope AABB wallet to their rescue soon…
https://indianexpress.com/article/technology/crypto/el-salvadorans-report-missing-bitcoin-from-their-chivo-cryptocurrency-wallet-7696812/
If the company will successfully mine Bitcoin in El Salvador maybe eventually they’ll issue crypto token backed by 1000th of Bitcoin as larger denomination of gold backed tokens.
Recent company comments:
“The future is digital. Of this, we are sure. And so for this reason, our AABB Gold Token is only one part of our plans to enter the world of crypto and the blockchain. Rather than simply test the waters, we have decided to go all-in and fully embrace the vast opportunities in this sphere.”
“In other related developments, the Company is also in discussions to explore the creation of a cryptocurrency mining facility in El Salvador powered by geothermal energy.”
Gold-Backed Cryptocurrency: What to Know About the Digital Token Assets of Tomorrow?
<? Inflation anxiety. Worries about the inflationary impact of investment makes sense if you’re working with numbers. Individual investors and companies alike seek to gain direct exposure to gold, considering it safe enough for investing.
? A weaker U.S. dollar. Many see the dollar weakening as the power of the exceptionalist paradigm wanes. In case you didn’t know, the price of gold is inversely related to the value of the U.S. dollar. Any weakness pushes up gold prices and vice versa. Therefore, if the U.S. dollar starts to lose its value, gold becomes more valuable.
? Central bank reserves. Central banks purchase gold time and time again. The aim is to diversify reserves. These financial institutions are responsible for their nations’ currencies, which can be subject to swings in value.
The coexistence of gold and cryptocurrency is more than welcome. Investors can leverage a strong asset, not to mention mitigate extreme volatility.>
“Unlike Bitcoin or Ethereum, products like AABBG keep volatility in check.”
https://hackernoon.com/gold-backed-cryptocurrency-what-to-know-about-the-digital-token-assets-of-tomorrow
Latest email from AABB for these who missed:
Merry Christmas and we wish you a wonderful holiday
On behalf of Asia Broadband, Inc. (OTC: AABB). its talented team, and AABB Wallet, we want to wish you a joyful Merry Christmas and a happy upcoming New Year!
We wish you, your family, and close loved ones a wonderful holiday season. May it bring you and everyone close to you lots of peace, joy, and most importantly - great health!
In 2021, we have successfully entered the cryptocurrency industry, attained a very supportive community, and we were able to achieve all the objectives and goals we have outlined for the company.
Therefore, we're enjoying our Christmas break but will be striving into 2022 with our chins up, and with bursts of energy and dedication! *****With the trading phase of the exchange being launched next week, 2022 will surely be a blast!*****
https://www.globenewswire.com/news-release/2021/12/08/2348472/0/en/Asia-Broadband-Sets-December-Launch-Date-for-Proprietary-Cryptocurrency-Exchange.html
A wonderful holiday season to you, and let's hit 2022 out of the ball park!
Stay tuned for more updates.
If you need any assistance with the AABB Wallet, please review our FAQ:
https://aabbgoldtoken.com/faq/aabb-wallet/
For news and further information about AABB, visit the website at https://www.asiabroadbandinc.com or visit the OTC website: https://www.otcmarkets.com/stock/AABB/news
Thank you for your interest and support.
Regards,
Asia Broadband, Inc.
“An Unusual Year is About to End on a High for Asia Broadband, Inc.”
“The companies operating in these spheres have had to hold tight for the most part, but as 2022 comes into view, anybody positioned in gold and crypto looks like they are going to enjoy their New Year’s Eve celebrations.
For a company like Asia Broadband, Inc. (OTC: AABB), which is well-positioned in both, *****we feel that this could be an end-of-year unlike no other.”*****
“The diversification into marrying gold with crypto is an opportunity too good to miss out on, but we want to take our move into the digital world even further.
The future is digital. Of this, we are sure. And so for this reason, our AABB Gold Token is only one part of our plans to enter the world of crypto and the Blockchain . Rather than simply test the waters, we have decided to go all-in and fully embrace the vast opportunities in this sphere.”
“Ready for liftoff”
“All-time highs for both gold and Bitcoin seem to be just around the corner. And with our fully integrated crypto infrastructure now fully operational, we are prepared for the fresh wave of positive investor sentiment that is sure to come as the gold and crypto markets head towards the moon once more.”
https://www.financemagnates.com/thought-leadership/an-unusual-year-is-about-to-end-on-a-high-for-asia-broadband-inc/