Asia Broadband Inc (AABB)

[was16]

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.