Replies to post #71527 on Asia Broadband Inc (AABB)

[i_dont_know]

Why is this bonanza mine not accounted in the 10K 2021? What happened to the 4 Mio USD in shares? Why are they not accounted as liablitly if they are not paid off in 2021? Why isnt the asset site not reflectin this 6 Mio USD purchase (at cost accounting)?

[Doubledown75]

And the MM commies complain about Clive and $700k fiat USD.
Good point ali

[Don]

If the Bonanza mine closing date was 11/30/21 and company paid 22 million restricted shares at closing why does that not appear in the outstanding share report section of the 2021 annual report? Why does the operation statement not show a $2 million additional expense entry? Why does the stockholder's equity statement not show the issuance of said 22 million shares in the 4th quarter 2021?

Maybe it's all a fairy tale... Perhaps the Bonanza mine wasn't really purchased as reported.

Enquiring minds and all... :-)