Replies to post #43735 on Asia Broadband Inc (AABB)

[SkoobySnacks99]

They retired the shares. Basically took them out of circulation.

[BennyMojo]

OF COURSE NOT...LOL...READ IT CAREFULLY SIR!!!

"is pleased to announce that AABB’s management and Board of Directors have approved the retirement and return of 107 million restricted common shares to the Company treasury. The share retirement process has been initiated with the Company’s transfer agent and is anticipated to be completed in the coming weeks. The Company initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. AABB expects to retire additional shares to the Company treasury in the near future with the ongoing plans to continue the shareholder value initiative."