Asia Broadband Inc (AABB)

[Davis_Elite]

AABB GOLD STOCK EXCEPTIONALLY UNDERVALUED AND POISED FOR SHARP REVALUATION

Emerging MicroCaps reviewed 4 comparable junior gold mining stocks and concluded that AABB is highly undervalued and unrecognized. Given the current run rate of about $5 million per year in sales, the following table concludes that AABB shares would be selling at about 25.78 times sales, or about $128 million. With a total outstanding of 402 million shares, that translates to a fair market price of $.32 per share.

Company Symbol Price/Sales Ratio

Alexco Resource Corp. AXU: NYSE 14.65

Great Panther Mining Limited GPL: NYSE 4.13

Harmony Gold Mining Company Ltd. HMY: NYSE 70

Sandstrom Gold Ltd. SAND: NYSE 14.34
Total 103.12

Average Price to Sales Ratio 103.12 divided by 4 = 25.78
Asia Broadband, Inc.
2019 sales $5,000,000

P/S ratio of 25.78 = Mkt Cap - $128,900,000
$128,900,000 divided by 402 million shares equals $.32 per share