AABB DD Summarized- I’ve excluded anything prior to 2020 because I’m not getting a check to write a bible on this stock. Many corporations have tried things and failed while others have found mostly success. Could AABB be a success story in OTC land? I think so and here’s why…
September 2020- Company announces discussions with a digital assets and crypto wallet developer are underway to produce a gold-backed crypto-currency. Final stages of negotiations occur in October 2020.
*** Significance? What are they going to do with gold, sell it for a failing FIAT like the US Dollar? No, let’s take that gold, put it in reserves and then use it to back the future of commerce, even better back a coin that can be transacted virtually everywhere.
October 2020- Receives third payment for the JV agreement with Qiandga in the amount of $10 mil.
Company then acquires Colima mine for $1.1 mil in lump sum payment.
*** Possibly a smaller sized operation is AABB’s preference?
November 2020- Digital assets and and crypto wallet Memorandum of Understanding is signed.
December 2020, the agreement is signed with Core States to produce white label gold-backed crypto coin.
December 2020- Guerrero Gold Belt sold to JV partner Qiandga for $52 mil cash, $30 mil gold bullion, and 28% equity interest back to the company. ***Significance of Guerrero Gold Belt? GGB has been a hotbed for mining with over 31 million ounces of gold discovered since the early 90’s.
*** So why would Asia Broadband, Inc. sell their portion of the JV? Exploration and Development costs exceeded their timeline to build up gold reserves possibly. Several mining properties have changed hands in this region. It’s possible that AABB wasn’t interested in a large scale operation which would require tremendous funding and resources to harvest gold, silver and other precious metals. Was there enough manpower (laborers and operators) available in this region to operate the mine efficiently? James Gilbert needed more expertise and had to have been on the search for a panel of directors to fulfill the company’s vision. More to come in Spring of 2021.
January 2021- Company acknowledges shareholder inquiries and suggestions. Also, a new investor relations consulting service is being sought for hire.
January 2021- Company allocates self funded $10 mil for Colima mine operations and production. February 2021- Integrity Media signed for PRs.
February 2021- AABB Wallet development complete and in testing. Branded Website built for marketing then AABB Gold token. Company announces the approval of a stock dividend at the rate of 1 for every 50. The company also announced that it is evaluating legal remedies to eliminate several recent defamatory and false information posts on public media platforms.
*** March 2021 is where I make my initial investment., several associates of mine have already been invested in AABB, most are holding 200,000 to 1,000,000+ shares each. ***
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March 2021- Gold token goes live. Company increases stock dividend to 1 for every 45 shares.
April 2021- $1 mil in token sales recorded in first two weeks after launch. Company announces finalizing the appointments of new management with expertise and supervision of the company’s goals (mining, mine-to-token, and a live crypto exchange).
May 2021- Restricted Common share dividend distribution begins. Disengagement with audit firm is confirmed. New management team in place and transitioning into their roles. Acaponeta-Bonanza preliminary geological report posted to website. 107 million shares are set to be retired and returned to the company treasury.
June 2021- Company targets Business Development in Central America specifically starting with El Salvador.
*** Significance? El Salvador’s quest to break free from FIAT is top most priority. Who can come to their aid and be beneficial to their future since they have a governing body commuted to crypto-currency? The AABB token could be a blessing in disguise.
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July 2021- Total of share retirement and return to the company’s treasury is completed and increased to 120 million. Due diligence on high potential property acquisitions continues on Los Reyes and Acaponeta-Bonanza. These reports have been provided on the AABB website under projects.
October 2021- JV for Tequilla Gold Mine project is signed. The Exchange project grows with over 82 trading pairs added to the wallet.
November 2021- Company establishes a corporate presence and satellite office in El Salvador. Token sales continue to climb, $1.1 mil recorded sold in a 4 week period ending November 15. 100 trading pairs now added to the BCGateway. Bonanza Gold Mine purchase agreement is signed.
December 2021- Company sets December 28th as the launch date for the Exchange. 150 trading pairs now added to the BCGateway platform with another 50 planned to be added. *** Mine-to-Token with a live Exchange is coming to fruition all in the matter of less than 24-months!
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*** Here we are, Chris Torres, Bernard Velez, Armando Gonzalez, and Luis Roman are leading the charge. These aren’t fake people, you can plainly see them and hear them in several YouTube videos at the Acaponeta-Bonanza Mine, and Los Reyes Mine. Things are moving at a rather brisk pace especially since the world has been heavily impacted by the COVID-19 pandemic. So why are there 13 market makers on the board everyday for the last 180 days? There’s money to be made, and we’d like to make some too!
