Asia Broadband Inc (AABB)

[motleytool]

If you analyze a 2 year chart, the selloffs line up with WC conversion dates in all the ER filings. Thats why the price always craters after all the WOW, WOW, WOW....mega news. They are all pumps designed to sell the WC conversions. No one is shorting and yes the company is in on the scam. The terms of the notes that WC "acquired" allow for a cash buyout of the debt. This is on page 16 of the 2014 annual report reagrding the convertable notes in question.

"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."

After WC "acquired" the debt in 2016, this language is conveniently left out of all the subsequent ER filings.

The company converted over 100 million dollars of stock at .0004 when 1 million cash could have bought the outstanding debt and retired the note. Total P&D fraud.