Asia Broadband Inc (AABB)

[TAZMANS]

AABB 1st Quarter 2019 Profit From Operations $1,236,381

Quarter Ended March 31, 2019
Quarter Ended March 31, 2018
REVENUES Mineral Production Sales $ 379,988 $ 251,694 Cost of Mining Production (204,115) (148,751) Net Production Revenue 175,873 102,943 Brokered Mineral Sales 1,060,508 703,718 Other Operating Revenue - - Gross Profit From Operations $ 1,236,381 $ 806,661
EXPENSES
Consulting fees $ 57,392 $ 9,723 Depreciation and amortization 42,545 6,403 Directors' fee 30,000 - Executive management fees - - General and administrative 13,344 7,914 Travel and vehicle 38,065 16,706 Marketing and business development 9,902 6,284 Legal & Professional fees 17,316 2,863 Research and development - - Stock-based compensation - - Write-off of assets - - $ 208,564 $ 49,893
Net Income/(Loss) from Operations
1027818
756768
OTHER INCOME (EXPENSES)
Loss on settlement of management fee - - Miscellaneous - - Interest income - - Debt cancellation income - - Interest expense (27,183) (31,033) Net Income/(Loss) before minority interest $ 1,000,635 $ 725,735
Minority interest -
Net lncome/(Loss) for the period $1,000,635...………………. $725,735

Net lncome/(Loss) per common share - basic and diluted

0.003 …………………………………... 0.002
Weighted average shares outstanding
377,480387
339,540,968

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