Asia Broadband Inc (AABB)

[motleytool]

Yes AABB could "buyout" the convertable note. Here is the language of original note(s) terms disclosed in a 2014 filing of the notes that WC purchased in 2016.

"The holders of the notes could elect to convert the outstanding principal under the notes in
whole, into fully paid, restricted shares of the Company’s Class A common stock at $0.80 per
share at maturity date. The Company also has the right to redeem the debentures, upon 10
days’ written notice to the holder, by paying 105% of the outstanding principal amount plus
accrued and unpaid interest."

Note that the "redeem the debentures" language is absent in all the recent filings since WC converted and sold over a billion shares. This is clear evidence the company is in on the scam.

here is the link to the 2014 filing with the convertables on page 16 https://sec.report/otc/financial-report/119943

The first filing (2018) showing whitecastle "acquiring" the convertable note(s) in question is here.
https://sec.report/otc/financial-report/189995