Replies to post #4093 on Asia Broadband Inc (AABB)

[Captain Black Bob Blanco]

Quote”Let me ask you a question. If you had a mine, would you publicly disclose it if it had gold? ”

Of course! That’s the normal way of doing things in the mining world, and the company’s secrecy about this is what makes it look suspicious. If it was disclosed and they had an audited annual report , this pps of this stock would likely be 10 times higher.

As for cooking the books, yes it’s illegal, and there are plenty of pink sheet companies who do it anyways on a regular basis until they get caught. Most never get caught, which is why the SEC says invest in penny stocks at your own risk. The OTC markets are full of scams, and some have a history of using fake mines in Mexico.

Is AABB one of those? I don’t know, but the lack of any information on the mine location makes me wonder. The PR’s look bogus as well. Why is the company allowing the dilution to happen as the note holder converts over $1.5 million into shares, instead of paying it off with the 6 million they show in cash, or the revenue they claim to be producing in their financials and PR’s?
For that matter, why is there not even one sentence in the annual report or 1st qtr filing regarding the $34 Million Joint Venture deal?
Doesn’t add up.

[gitreal]

Let me ask you a question. If you had a mine, would you publicly disclose it if it had gold?

Is that a serious question? Of course you would disclose. Otherwise, people might just think your company is running a scam.

There is no mine. There is no drilling. There are no Asian funders. They don't have millions in assets. There doesn't appear to be a James Phillips either. This is not the first crappy OTC stock that fabricated everything from top to bottom. And used nonexistent Mexican mines as a prop.