Asia Broadband Inc (AABB)

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“Company is pursuing legal action against certain market makers for AABB shares on OTC Markets. This legal initiative by the Company has progressed significantly in recent months due to the many shareholder and public complaints received expressing that AABB’s share price has been subjected to long-term repression by false and deceptive trading practices on a daily and continuous basis. Similarly, other OTC Market issuers have already publicly exposed and legally challenged the pervasive and chronic market maker manipulation practices.”

In regard to other legal matters, the Company is also pursuing legal action against several parties for numerous defamatory internet posts on various public platforms and websites. AABB management is determined to pursue and hold accountable the parties responsible for the misinformation and defamatory assaults. Several years ago, the Company experienced similar defamation attacks on public platforms, which were resolved and the platform posts were permanently removed.

“We have an obligation to our shareholders to do everything in our power to protect their investments in our Company’s shares. Our share price is not reflecting the true value attributed to the Company’s successes in recent years due to deceitful and profiteering market manipulation,” stated Chris Torres, AABB President and CEO.

https://www.globenewswire.com/en/news-release/2023/03/09/2624059/0/en/Asia-Broadband-Pursues-Market-Manipulation-Legal-Action-Against-Major-Market-Makers.html