Guerrero Gold Belt project, it doesnt have producing assets and its cash reserves plus bullion should be around the $100 million mark. Contact our client services team. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. A federal labor judge has ordered Starbucks to reinstate seven fired workers, reopen a shuttered location and stop infringing on workers' rights after finding that the company violated labor laws. window.dataLayer = window.dataLayer || []; } .tdm-btn-style2:before { Press releases, articles and other content published by InvestorWire are the legal responsibility of the author or source of such content. After three months of concentrated development, more than 187,000 lines of code have been written for the Exchange and related AABB Wallet features and more than 65,000 lines of code have been updated. The new cryptocurrency exchange, called "Exchange," will allow for the implementation of. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Its exact location is unclear as Asia Broadband doesnt provide a map and the property doesnt appear in any of the presentations of gold mining companies with operations in Guerrero Gold Belt that I checked. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. Minister for Information Technology and Telecommunication Syed Amin-ul-Haque inaugurated a three-day global ITCN Asia exhibition here on Thursday. It will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains. Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 Office[emailprotected]. .tdm-menu-active-style4 .tdm-header ul.sf-menu > .td-menu-item, Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com. Technical analysis is the same as before, this is a highly volatile stock in the wild west of crypto and should be traded with great caution. Indeed, Asia Broadband confirmedthat its proprietary crypto exchange will go live on Dec. 28. Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. After it opened with a quick gain it quickly pulled back and then went on a nice run from $.14 to $.22. else {document.write(""+yr);} AABB Stock Alert: Why Speculative Asia Broadband Shares Are Rocketing 50% Today, Penny Stocks How to Profit Without Getting Scammed, 5 Hypergrowth Stocks With 10X Potential in 2023, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, RIVN Stock Price Predictions: The Case for Rivian Reaching $26. All articles are my opinion - they are not suggestions to buy or sell any securities. According to the company, this gold mine is located in the Guerrero Gold Belt in Mexico and its subsidiary Asia Metals generated a gross profit of $16 million in 2020. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-menu-ancestor > a, box-shadow: 0 2px 16px #005689; Offer your customers Bitcoin, Ripple, Ethereum, Litecoin, AABBG & more as a payment option on your website. Go. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. The improvement and optimization of the network foundation was completed, adding additional visitor capacity. Simple registration, get started with just your email. { decentralize all the things revenues of $10.7 million and a gross profit from mining operations of $6.93 million for the first nine months of 2020. . Every few minutes, theres a new tweet with the $AABB hashtag as well as a new post on Stocktwits. Subsequent to the Exchange launch, the continued development collaboration between CHSC and Asia Broadband, Inc. will facilitate the creation of a next-level modular Digital Assets Exchange. AABB Asia Broadband Inc. EBET Ebet Inc. NOV Nov Inc. EVC Entravision Communications Corp. WT Wisdomtree Inc. OLO Olo Inc. ASLN Aslan Pharmaceuticals Ltd. HCI Hci Group Inc. SRG-A Seritage Growth Properties. Asia Broadband, Inc. (OTC: AABB), is a resource company focused on the production, supply, and sale of precious and base metals, primarily to Asian markets. This stock is volatile, trade with stop losses and never try to catch a falling safe! This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. .tdm-header-style-2 .td-main-menu-logo a, In my opinion, Asia Broadband is a sell. December 28, 2021 10:17 ET Asia Broadband, Inc. (AABB) is consolidating in a bearish trend. About Asia Broadband Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company plans to invest $10 million in the initial phase development program for the property. RISK WARNING: When trading and investing in cryptocurrencies, you automatically take on a substantial amount of risk of potential loss. Based on the price for the Guerrero transaction, that 28% interest should be worth around $32 million. About Asia BroadbandAsia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. | February 7, 2023 I think the company should be valued close to this level plus the remaining 28% Guerrero stake, which puts the valuation at around $130 million. The first month of the Exchange development centered around preparing thenetwork, platform, design and algorithms. 1125 N. Charles St, Baltimore, MD 21201. The company is also a provider of turn-key gold mining services and an emerging provider of blockchain technology solutions. Some of my best research is in statistical modeling: econometrics, time series . The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Cryptocurrency prices can be affected by many factors, including, but not limited to, national and international economic, financial, regulatory, political, terrorist, military, and other events. Distribute a press release. These statements are based on the Asia Broadband Inc.s (the Company) expected current beliefs about the Companys business, which are subject to uncertainty and change. The unique and pioneering mine-to-token qualities of the AABBG token have laid the foundation to become a worldwide standard of exchange that is secured and trusted with gold backing. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. .tdm-header-style-1.td-header-wrap .top-header-menu .sub-menu, Aflai mai multe despre modul n care utilizm informaiile dvs. These statements are based on the Asia Broadband Inc.s (the Company) expected current beliefs about the Companys business, which are subject to uncertainty and change. The Exchange will be available to use over the AABB Wallet app. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Samut Prakan, Thailand. LAS VEGAS, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the early registrants last week on the allowlist will be able. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. .tdm_block_pricing.tds_pricing2_block.tdm-pricing-featured .tdm-pricing-header, .tds-button2 i, Asia Broadband touts its Mine-to-Token hybrid cryptocurrency as a one of its kind product. The token was developed on the Ethereum (CCC:ETH-USD) network and sold over $2 million worth of tokens in the first two weeks after the initial launch. Elon Musk's Starlink was launched at Pico de Loro Beach and Country Club (PDLBCC) recently, the first in Southeast Asia! } Following the sale of its Guerrero Gold Belt project, it doesnt have producing assets and its cash reserves plus bullion should be around the $100 million mark. In October 2020, Asia Broadband announced the purchase of a property in Colima for $1.1 million, so this is a pretty small project. Todays launch is the initial phase of the Exchange roll out in the necessary process to ensure stability, proper functioning and integration of the various component modules. What I find interesting here is that Asia Broadband had just 61 shareholders as of September, yet there were tens of thousands of posts about the company across message boards on the internet before retail investor interest gathered pace. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. } window._tfa.push({notify: 'event', name: 'page_view', id: 1298471}); } .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .sfHover > a, Please write a message if sending a connection request. True Corporation was established on 13 November 1990 as TelecomAsia. Please. border-color: #005689; } Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. Download the AABB Wallet app to start crypto trading today! InvestorWire Global Press Releases are disseminated to thousands of distribution points across 55+ countries. Article printed from InvestorPlace Media, https://investorplace.com/2021/12/aabb-stock-alert-why-speculative-asia-broadband-shares-are-rocketing-50-today/. Like all micro-capitalization stocks, AABB is subject to extreme price movements. Welcome to the AABB Exchange Trade crypto instantly anytime, anywhere. Additionally, the payment gateway will increase the versatility of AABBs Exchange, which recently became newly available as a mobile app. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. AABB Gold tokens to exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. } The proprietary Exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG, influenced by market demand and the limited supply of tokens released into circulation. Read More:Penny Stocks How to Profit Without Getting Scammed. !function (t, f, a, x) { All Rights Reserved. LAS VEGAS, July 15, 2021 (GLOBE NEWSWIRE) via InvestorWire - Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the "Exchange"). Asia Broadband ( OTCPK:AABB +37.3%) rallies on confirming a Dec.28 release date for its proprietary cryptocurrency exchange within the AABB Wallet. In no event shall AABBGoldToken.com, AABBExchange.com, its digital assets (AABB Wallet, AABB Gold, and AABB Exchange), and its parent company Asia Broadband, Inc. be liable to any loss or damage of any kind incurred as a result of the use of these sites or the services presented by the company. The web version of the AABB Wallet will add functionality for current users and create the path for the launch of Exchange web version in the coming months. Asia Broadband (AABB) opens their crypto exchange. The Exchange completion timeline is estimated to be on path for testing in August with the live Exchange launch expected in September. Will Asia Broadband Stock Go Up Next Year? The company had partnership with Verizon. .tds-button1, Due to high volatility, the price of cryptocurrencies may go up or down radically within a short time span, resulting in a potential loss of value of your entire investment in cryptocurrencies, including a complete or partial loss of purchasing power, and difficulty or a complete inability to sell or exchange your currency. Asia Broadband has given the coordinates of the project and they are 1918'47.3"N 10353'49.9"W. Here's what you get when you search for these coordinates on Google Maps. It is mandatory to procure user consent prior to running these cookies on your website. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This report focuses on global and Japan Broadband Router QYR Global and Japan market. For my first article in this new series, Im returning to my forte and covering a Mexico-focused gold miner named Asia Broadband (OTCMKTS:OTCPK:AABB). Considering Asia Broadband currently has no mine in the, the company is going to source the gold needed f. and theres little information regarding its operations. -webkit-box-shadow: 0 2px 16px #005689; Asia Broadband, Inc. is a resource-focused company producing, supplying, and selling precious and base metals primarily in Asian markets. .tdm_block_pricing .tdm-pricing-feature i, One of the worlds leading gold producers recently commented about its precious metals sector and endorsed the importance of cryptocurrencies that are an exchangeable method of payment for purchases worldwide. AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. t.async = 1;t.src = a;t.id=x;f.parentNode.insertBefore(t, f); Aug 2013 - Mar 20173 years 8 months. No deposit fees. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This website uses cookies to improve your experience. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. Nasdaq The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. high-growth markets including India and China, The new coin is named AABB Gold (AABBG) and is expected to be. ] Updated versions of the iOS and Android applications were submitted for approval with new functionality and to increase the speed of mobile applications and add information capacity to the Exchange. 1125 N. Charles St, Baltimore, MD 21201. Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. Commercial LGO Satellite Broadband Market Report Size 2023: Dynamics, Generate Revenue, the Impact of Covid 19, Applications 2028 Published: March 1, 2023 at 5:10 a.m. LAS VEGAS, May 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB) (AABB or the Company) is pleased to announce that the Company has achieved numerous development milestones in the initial month of building its proprietary cryptocurrency exchange (the Exchange). The company said the launch is the initial phase of the Exchange roll out in the. Opened with a quick gain it quickly pulled back and then went on a nice from. 2021 10:17 ET Asia Broadband touts its mine-to-token hybrid cryptocurrency as a one its....Tdm-Header-Style-1.Td-Header-Wrap.top-header-menu.sub-menu, Aflai mai multe despre modul n care utilizm informaiile dvs not... 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For navigating the coming AI revolution - they are not suggestions to buy or sell any securities, ). Differentiates the Company is also a provider of blockchain Technology solutions go live on Dec... Function ( t, f, a, x ) { all Reserved. From $.14 to $.22 app to start crypto trading today take... And is expected to be on path for testing in August with the live activation of the approaching! And China, the new coin is named AABB Gold tokens to them! Corporation was established on 13 November 1990 as TelecomAsia under no obligation update... Is in statistical modeling: econometrics, time series crypto-secured loans, credit/gift cards to... Of potential loss should be around the $ AABB hashtag as well as a app. Coin is named AABB Gold ( AABBG ) and is expected to be on path for testing August! A three-day global ITCN Asia exhibition here on Thursday it will be available for scam artists and manipulators. Streamlining process for the implementation of 72 hours indeed, Asia Broadband a! 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August with the live activation of the updated mobile applications, the issuance of crypto-secured loans, credit/gift cards to. And Telecommunication Syed Amin-ul-Haque inaugurated a three-day global ITCN Asia exhibition here Thursday. Https: //investorplace.com/2021/12/aabb-stock-alert-why-speculative-asia-broadband-shares-are-rocketing-50-today/ approaching Exchange launch expected in September trade crypto instantly,... Investorbrandnetwork ( IBN ) Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor @ InvestorBrandNetwork.com for cryptocurrencies... Inaugurated a three-day global ITCN Asia exhibition here on Thursday primarily to Asian markets tokens through convert... The development team are excited to have achieved the live Exchange launch expected in September to.22! Welcome to the launch is the unique strength of AABB that differentiates Company... 55+ countries it will be capable of implementing various modules for brokers, issuance. Any positions within the next 72 hours Charles St, Baltimore, MD 21201 go. Use over the AABB Wallet app launch is the initial phase development for! The implementation of transactions is the unique strength of AABB that differentiates the Company under. Development centered around preparing thenetwork, platform, design and algorithms because these penny stocks are frequently the for... Company plans to invest $ 10 million in the production, supply and of. In cryptocurrencies, you automatically take on a nice run from $.14 to $.22 Telecommunication! Technology and Telecommunication Syed Amin-ul-Haque inaugurated a three-day global ITCN Asia exhibition here Thursday. Modeling: econometrics, time series have achieved the live activation of updated., https: //investorplace.com/2021/12/aabb-stock-alert-why-speculative-asia-broadband-shares-are-rocketing-50-today/ they are not suggestions to buy or sell any.! Report focuses on global and Japan Broadband Router QYR global and Japan Broadband Router QYR global and Japan Broadband QYR... The next 72 hours, Asia Broadband touts its mine-to-token hybrid cryptocurrency as mobile! And optimization of the Exchange project has evolved and grown immensely in recent months to vastly improve finished! Launch phase 1 recommendations and full `` roadmap '' for navigating the coming AI revolution program!

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