Asia Broadband Inc (AABB)

[raging]

Last week a two-part post on Reddit was made describing (in pictures lol) that the OTC ticker AABB was a scam, causing a massive selloff. At the same time these posts were made, 10-15 bear accounts raided the StockTwits message board spreading the same fear in a clearly coordinated and planned attack.

Once the stock found a bottom, buy activity commenced, the bears vanished, and the reddit scam posts were removed.

Reddit was taken advantage of, yet again, by the market makers and hedge funds causing many redditors to sell in panic and lose their money.

I want to provide some counter points to the scam article, to explain a) why I believe this company is not a scam and b) why I believe this company is a solid investment.

They have fabricated financials and history. - NOT TRUE

https://backend.otcmarkets.com/otcapi/company/financial-report/263765/content - September 2020 filings. Notice the securities counsel attesting to the validity of the filings.

Securities Counsel

Firm: Poole & Shaffery LLP & Economics Co. Ltd. Asia Broadband Inc. - Quarterly Disclosure September 30, 2020 Page 21 of 22 Address 1: 25350 Magic Mountain Parkway Address 2: Santa Clarita, CA 91355 Phone: [phone] Email: info@ pooleshaffery.com

https://www.pooleshaffery.com/ - NOT A FAKE LAW FIRM, IN FACT QUITE REPUTABLE.

Seems the are current actually, expect to see Q4 financials soon. Early in the history they reported losses - scammers reporting losses? makes no sense.

Why would a scam company commit publicly to an audit of all financials for uplist to OTCQB - if they in fact were a scam with fraudulent books?

Public commitment PR: https://www.globenewswire.com/news-release/2021/02/04/2169953/0/en/Asia-Broadband-Updates-Auditor-Status-For-Uplist-Qualification.html

Engaged firm https://www.turnerstone.com/ - NOT A FAKE ACCOUNTING FIRM, IN FACT QUITE REPUTABLE

The leadership team doesn't exist, fake people. Enter James Gilbert.

https://www.linkedin.com/in/james-gilbert-btresourcesllc/ - speaks spanish, accomplished mining executive, wharton grad, currently a mining consultant "Providing strategy, management and financing/transaction consulting services to the mining and metals industry."

Why is he not out there publicly? They mine in cartel territory in mexico, so leadership and the company wants to remain a bit closed lip to protect the privacy and safety of the team. Additionally, Chinese businesses are notoriously private. Do some DD here and you will see what is going on plain as day. IR company has stated exactly this to investors asking for access to leadership. (BTW Integrity Media is the IR firm http://www.integritymedia.com/ - NOT A FAKE IR FIRM, IN FACT QUITE REPUTABLE)

Stock photos/mine locations etc...

This is a MINING company that has a crappy website - it's not uncommon for pennies to not have the greatest web presence, but it's ok bc they are MINING not web development. They have ack'd this and are in the process of fixing their web presence and the aabbgoldtoken.com website and asiametals.

They have no mines, it's all bullshit. - NOT TRUE

PR: https://www.globenewswire.com/news-release/2021/01/14/2158624/0/en/AABB-Asia-Metals-Completes-82-Million-Sale-Of-Guerrero-Gold-Belt-Mine-And-Facilities-In-Mexico-To-Joint-Venture-Partner.html

Corroborated by Mexican m&a activity report from another reputable investment bank - Seale and Associates on M&A activity in mexico. https://www.sealeassociates.com/

http://webcache.googleusercontent.com/search?q=cache:dTLBRe8j6xsJ:mnamexico.com/wp-content/uploads/2021/02/Reporte-Mensual-01-2021-ENG.pdf+&cd=2&hl=en&ct=clnk&gl=us

"Qiangda Investments & Economics & Co.,Ltd., a Chinese holding company that focuseson the mining sector, announced the >acquisition of an additional 50.0% stake in theGuerrero Gold Belt Mine and Facilities inMexico from Asia Metals Inc., an >Americanmining company, for US$82.0 million"

The coin is fake - there is no app. - NOT TRUE

https://etherscan.io/address/0xb8635f02398f27297a58b2833e06bfb987b028d8 - the AABBG coin, note the testing transactions from yesterday per the PR from AABB in conjunction with CoreStateHoldings - the developer.

https://www.globenewswire.com/news-release/2021/02/23/2180436/0/en/Asia-Broadband-Gold-Backed-Cryptocurrency-Token-Development-Update.html

Corestateholdings is fake or scammers. - NOT TRUE

Really?
https://ptpwallet.com/ looks pretty legit. Ptpwallet is on android and ios.
They run https://cannasos.com/ - looks pretty legit.

I don't see how you can call these guys fake- they looks like a development shop that would be contracted to help a miner launch crpyto. the coin is also proven real.

The coin isn't backed by gold - MISLEADING

In an attempt to be transparent the company has listed the legal disclaimer with the coin - including language that says in effect the coin is not backed by hard assets or credit. This means that you cannot redeem the coin for gold (they won't send it to you) and you can't get FIAT credit for your token from AABB. This doesn't mean though that the currency is not itself backed by gold reserves already mined and to be mined. It just covers the legal stance that AABB isn't going to mail you gold if you buy the token. Seems pretty standard legalese to me. BTW bitcoin doesn't have similar disclosures, would love to see that transparency....

There is more DD we can get into here, but the core arguments made is that this company is a giant scam, and the evidence, corroboration disproves that thesis pretty substantially.

The level of felony conspiracy and coordinated, flawless scam execution across multiple companies, law firms, IR firms, accounting firms with reputation on the line at this stage in the game is laughable if not tactically impossible to pull off.

AABB has money, gold, increasing awareness, and many upcoming catalysts including audit/uplist, coin launch, future mine development, shareholder dividend prospects etc... where they lack in easily accessible transparency is made up in potential for giant gains here.

Turns out, AABB looks as real as it gets in OTC land. Those who invested should do so knowing there is always risk, and do their own DD. Just don't get played so easily.
"FROM AABB REDDIT POST"