Replies to post #75288 on Asia Broadband Inc (AABB)

[alidare]

I would think that Martin Augusto Vallejo Lujambio of Bonanza mine did really good DD before accepting $4mill in AABB restricted shares.

“The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband.”

On the day of the closing of the deal November 30th. 2021 the stock price was @ .18 so this should give him around 22mill shares. He should be making nice chunk of money soon.

“ In a press statement, Asia Broadband said: “Company management is excited by the Bonanza acquisition for its potential for rapid expansion, high production, low operating costs and strong contribution to gross profits.”

https://www.mining-technology.com/dashboards/deals-dashboards/asia-broadband-mexicos-gold/