Asia Broadband Inc (AABB)

[motleytool]

For those who didnt understand my last post regarding the note history. AABB in its current form got zero dollars from WC until after Sept 30 2020. Original 300k ish was already spent by the old owners of the company before the present owners bought it from Brian Glass. They "borrowed another 600,000 at the option of the noteholder sometime in 2020" . This was unnecessary as they were "supposedly" banking the cash and gold from the Guerrero sale same time frame. Go look at the dates of the PR's. This language bumping the note principal balance from around 300k to around 900k first appears in the annual report for 2020 filed on April first 2021. The 600k bump in the WC note was not in any ER prior to Sept 30 2020. Go look at a chart and see what the share price did immediately after April 1, 2021. This is classic pump and dump and AABB received zero financial benefit from allowing the 600k note increase in 4th quarter 2020. Why would a company closing an 80 million dollar mine sale need 600k from WC? Could it be that there really isnt any gold or cash from Guerrero? One thing is for certain ....WC got a crap ton of new shares to sell before April 1, 2021 and dumped them. Chart verifies this from stock price utter collapse after April 1, 2021.