Asia Broadband Inc (AABB)

[TRX50]

Trenfoight. I’m going to attempt to answer your question.
Back in 2018, AABB entered into a JV with Qiangda Investment & Economic Co (QIEC) where AABB will receive $34mm for 28% interest in the company
10/24/18 $5mm received for 6% interest
12/10/19 $9mm received for 10% interest
10/22/20 $10mm received for 12% interest
With AABB receiving all 3 tranches, QIEC had a 28% interest.
Early this year AABB announced that the Guerrero mine will be sold to QIEC for cash, gold bullion and a 28% interest back to the company.
What does this translate to stock?
11/22/18 20,443,586 issued to QIEC (6%)
12/06/19 36,798,455 issued to QIEC (10%)
2020. 40,887,171 estimate for (12%) since issuance did not occur because both entities agreed in principle to transfer ownership of the Guerrero which entailed returning the 28% interest.
Hence 98,129,212 or somewhere in that ballpark encompasses the 28% interest.
I got my above numbers from PRs and annual report. Hope this helps.