Asia Broadband Inc (AABB)

[stervc]

AABB Annual Report = $5,355,473 Net Income/.12+ Valuation...

AABB Annual Report file on 04/01/2020 reflects $5,355,473 Net Income:
https://backend.otcmarkets.com/otcapi/company/financial-report/243239/content

The recently updated Outstanding Shares (OS) for AABB per OTC Markets reflects 655,125,509 shares as of 05/01/2020:
https://www.otcmarkets.com/stock/AABB/security

Then considering that the OS remains constant at its most recent update as of May 1, 2020 of 655,125,509 shares, we can derive the following valuation for AABB... considering a PE Ratio of 15 for the Gold Industry, conservatively speaking:

Net Income = $5,355,473

$5,355,473 Net Income ÷ 655,125,509 shares (OS) = .00817 EPS

.00817 EPS x 15 PE Ratio = .122 AABB Share Price Valuation Consideration

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