Hopefully last time i have post this hahaha! Moon soon no doubt
DD FOR bAABBoons - please read whole thread if nothing else
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Ownership
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References to the Greening of America Movement, the libertarian movement, are in relation to the boom by Reich, dividing America into 3 consciousness
I: Whiners and losers
II: people who buy into corporate state to profit and feed consumption
III: people who see the problems and want to fix things
Reich also states that cultural change must come before libertarian political change
William Snyder -
successful architect, partner of TSK architects, has done deals with Chinese and HK before. Honorary Board of Trustees at Mccaw School of mining. Said place is sponsored by Barrick, employees of Barrick on board.
Wife is/was artist. ties to greening of America movement?
Clive | Mendenhall - 2 people (Doing Business As (DBA))
Clive Massey -
multiple mine companies. Uses lawyer James Barker for his work with multiple successful companies
Mendenhall Family -
Bob and
Marc Mendenhall of Las Vegas Paving and more. Use James Barker as lawyer
Bob is very $$$ multiple patents from asphalt to car antennas and mobile data
Example; Donated $13M for Mendenhall Center at UNLV. FATHER OF GREENING OF AMERICA MOVEMENT: details in posts
Mendenhalls and Snyder are both Henderson residents
Mendenhalls are LDS and LDS has a history of having currencies outside the purview of the USG
Conclusion:
Ideologically I think this was a huge play for Snyder and Mendenhalls who I all believe to be conscious III’s of the previously stated greening of America movement. They want to enact change and give honest money to honest people via AABBG, as we know honest people, saver’s, money is devalued at a rapid rate due to inflation due to irresponsible monetary and fiscal policy at our central bank and government respectively.
The founders also want to screw with MMs.
They do not need capital, why take capital at expensive of normal people via ipo and make a ton?
Why not take over a penny stock ticker that they know has been naked shorted to the ground, and make a bang, as the people’s currency by giving money back to the people truly when they invest in it from the ground up?
AABBG actually could save a lot of people if the atrocities that are our current monetary and fiscal policies continue.
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future plans
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How does AABB go to 1000s+? Gradually and then Suddenly
What do we need on our balance sheet to get there? AUM!
Best way to grow AUM in this business is to increase how many people use AABBG as it grows the total gold supply. This is also a profitable activity for the company as they use cash from activities relating, for example aabbg sales and transaction fees for operations and potential expansion of operations.
Consider this company with $50 billion in gold on the books supplying aabbg
Without even valuing anything else such as other assets, discounted future cash flows, current operations, etc, you can apply a 20x multiple to the AUM relative to AABBG, (which would be low for defi) and get a trillion dollar market cap. If the company does retire shares as the company pledged to do so via the shareholder value initiative we could see a major reduction in sharecount. Maybe even to around a billion like Benny stated. Reasons for this are below
IMO
Clive and Mendenhalls will shift their share positions to be in line with Snyder, 4ths
Big
$GOLD
player comes in either buys shares from company that they have from qiandaga to add even more cash to balance sheet or from Clive and Mendenhalls. Or they hold some for the next mentioned offsets
Please see spreadsheet I post on stocktwits imo I think they already have the shares - it brings us to 1.284b shares
IR has stated no share buybacks, to me indicating they already have shares and will do big share restructuring/retirement when a major player comes in to entice them even more, I wouldn’t be surprised to see a retirement of the convertible note either. I believe the convertible note was bait for the MM to get very naked.
A big player will then have AABB equity stake on balance sheet. That raises the big player’s borrowing power so they can take part in more m&a’s in their core competency, gold mining, while agreeing to sell any gold for a price under market value to AABB to supply any excess demand we cannot handle based on current production and ramped up once bonanza is developed. They may even partner to help with production.
Let’s see how big of a chunk a major player gets. I wonder if an El Salvador “Vision Fund” will also want some..
We needed a working mine and promising prospects to go into negotiations with an advantage and guide them to the creative solution that we showed them, portrayed above. This is while we maintained our ground and shareholder value by having a viable path and probable competition in the gold backed token space to be 1st or at least associated/invested in the 1st. We are migrating risk by connecting ourselves with big players. We are the most accessible due to us having our own exchange and wallet with many pairs.
The above is the way we are able to create the player’s want to get in this moment on our terms since the deal is symbiotic in nature
In my humble opinion after that partnership step
If we get something going in El Salvador, and countries see it working well for them, potentially taking a large amount of markets in Latin America by partnering with each respective country and having a subsidiary that partners with respectively domestic miners in each country, this is headed to $1000s
Like it or not we do have to provide value and get the backing of respective local businesses
It is how quickly we capture more than 1% of the worlds value captured by currency.
In corporate speak the potential partnering with the industrial base in each respective country and providing value and incentive for the country to do business with us is called an “offset”
This is how we create value for our customer, the customer being the governments/countries/populations that partner with us
We would partner with the industrial base in the respective countries and bring together adding the gold from a mining company or precious metals company from their country. We then cut them in on % of transactions within the country or help them develop gold mines in their country to contribute to overall AABBG gold reserves if the demand of gold is too much for AABB and partners to handle. This will happen if more countries then just El Salvador adopt AABBG and bitcoin/eth etc mix and move away from fiat
This will allow for the subject of currency to be taken out of government hands and I think the population will see the value of keeping their currency in denominations of AABBG and other crypto. A small government that can focus on its core responsibilities/competencies is most effective imo, follows same logic as business.
I have explained Gold backed currency and the problem of fiat to a myriad of people from all walks of life and they think
$AABBG.X
is a great idea that can save their purchasing power and give them a fair opportunity to build wealth
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We Must avoid quantum computing
Quantum computing and block chain are the two most pivotal inventions in recent time
In blockchain essentially creating a system to organize items and their attributes more efficiently than a conventional spread sheet like excel. In excel if you want to add attributes you must add either a column or row. For example, if I was organizing chairs and the attributes are wooden, 3 feet tall, owned by me, condition is par that is 4 categories of attributes that would force me to have 4 columns to describe chairs and then 1 column with a unique identifier for chair(think like a serial number)
With complex things there are many attributes and this is not efficient. With a block visualized instead of a cell you can place all of these attributes inside of the block because it also has depth. (Reason for difference of a block and cell is the z axis or depth that allows you to “place” multiple attributes inside the block.
Quantum computing is different from normal computing because of the difference of qubits and transistors respectively. Quantum computing is a lot faster then normal computing. Not sure of exact number but Centuries differences in time computing complex math problems in some cases
A transistor represents a binary event represented by 1 or 0
A qubit represents simultaneously 1 and 0
A qubit does this by it being basically a probability equation within the Qubit so representing both. So if a qubit was representing a coin flip the math equation within the qubit would be .5heads*.5tails= result instead of running multiple equations over many transistors, this makes the computer much faster
Imagine if everything was on blockchain including you and the categories of attributes were so long since they have compiled data about everyone since birth, that the algorithm ran on a quantum computer can predict what you or anyone else for that matter are going to do next and in the future?
