Asia Broadband Inc (AABB)

[alidare]

This is what the Directors also looking for……

("AABB" or the "Company") is pleased to announce that the Company has received a total of $2.8 million from the four directors of the Company for the purchase of preferred shares. A total of 28 million non-convertible, preferred shares were issued at the par value of $0.10 per share with each share having 100 voting rights *****and equal participation with common shares for all future dividends.*****The Company President and CEO, Chris Torres, purchased $2.4 million of the total preferred share issuance. The entire $2.8 million share sale proceeds will be allocated to the Company's capital expansion programs.”

https://www.benzinga.com/amp/content/26809092