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Asia Broadband, Inc. (AABB)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.1064-0.0030 (-2.74%)
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  • m
    mark
    Been laying low on AABB but holding 260,000+ shares (and plan to add at least 40,000 more next week after funds clear from 100 shares of my Aapl selling Monday) but I’ve been seeing and reading posts for my other stocks and AABB GOLDEN PLATFORM IS BEING TALKED ABOUT AND RECOGNIZED. More eyes of investors are watching for the AABB GOLDEN PLATFORM launch in September. Early testing in August with news will drive AABB back into 0.20-0.30 ranges and the September launch will begin in the 0.50s If bitcoin can resurge through August-September with a possible billionaire investor backing AABB WILL BLAST INTO SPACE and we’ll over $1 by EOY
    Bullish
  • N
    Nubbley
    sweet, received my dividend shares today!
    Bullish
  • W
    Wup
    On a final note, the Company's physical gold bullion holdings continue to be stored in a private and secure location in Mexico. AABB is in the process of transferring the gold bullion to a new enhanced location in Mexico and plans to release pictures of the new storage after the transfer is complete.
  • W
    Wup
    Asia Broadband Mining Properties and Facilities Update
    Today 8:30 AM ET (GlobeNewswire)Print

    via InvestorWire - Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce the following mining properties and facilities update.

    The Company's mining property acquisition strategy is to optimize development capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company's previous gold production success. In 2020, the Company diverted from its acquisition strategy to explore a property diversification initiative and pursued several potential development projects, a gold property in Colombia and a Lithium property in Mexico. After significant exploration activities and evaluations, both properties were deemed to be not feasible for rapid development and were discontinued due to pandemic and property characteristic limitations. Irrespectively, the Company is actively searching for new high potential mining property acquisitions and anticipates future announcements in that regard.

    AABB is continuing its due diligence on several high potential property acquisitions in Mexico at Los Reyes and Acaponeta-Bonanza. The Los Reyes project is currently awaiting the second phase assays results from exploratory drilling samples and Bonanza is currently conducting the second phase of exploratory drilling and expects to have the assay results in the coming weeks. The Company is committed to ensuring the optimal allocation of development capital in deciding to acquire either property, which requires an extensive due diligence and evaluation period. However, this preliminary work will accelerate the operations advancement toward production subsequent to acquisition. The Company expects to have the necessary assessment information on both properties by September and will make the acquisition decisions at that time.

    AABB's other mining project at Colima, Mexico, is currently awaiting special permitting at any time to continue moving forward rapidly with the first phase of operations development to expand the infrastructure, conduct further geophysics capture, initiate a drilling exploration program and build site preparations for facilities installations.

    To improve the Company's efficiency and control, a new mining operations storage and processing facilities building in Buenavista, Jalisco, Mexico, is now open to serve as a central warehouse hub for AABB.

    https://asiabroadbandinc.com/offices

    Additionally, AABB is in the process of opening a new central operations office in Mexico City in the coming months. In the meantime, the Company will continue using its operations office in Tepic, Nayarit, Mexico.
  • J
    Joe
    Anybody else have their dividends go into their actual AABB stock today and become tradable? I use TD.
  • T
    Tom
    September is right around the corner folks, load up at these prices!!

    Exchange goes live and mine purchase shortly after/before 🌋
    Bullish
  • B
    Brian
    Any buyers today
  • M
    M
    Only a matter of time ......LAS VEGAS, June 03, 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”). Subsequent to the recent launch of the Company’s AABBG gold-backed token, created with developer Core State Holdings, Corp. (CSHC), AABB’s own proprietary cryptocurrency Exchange version of AABB Wallet has been under development. The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major 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 beyond the price of gold, influenced by market demand and the limited supply of tokens released into circulation.

    After several months of development, the Exchange completion timeline is on path for testing in mid-August with the live Exchange launch expected in early September. At that time, users will have two forms of exchange available for transactions. The Quick Exchange will allow for the rapid trade of one currency for another at the best offered price and the Advanced Exchange will allow users to manually set buy or sell orders at a selected price.

    The Exchange will also have at least 20 trading pairs and the major cryptocurrencies also being paired with AABB Gold (AABBG) token. With the recent rise in gold, and decline of major cryptocurrencies, AABBG has become a promising currency. As gold increases in price, so does the minimum price of AABBG, making it an ideal store of value investment and future method of payment for purchase transactions.

    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. It will be capable of implementing various modules, including broker modules, functionality allowing for the issuance of crypto-secured loans, a credit/gift card module, and a module that connects retail chains.
  • M
    Mark
    going for 101,000 shares Tomorrow! 93,000 shares currently and at a average of .24 a share! There's 2 Mark s here I'm the one with capital M
  • C
    Capitalism
    Nice PR…management delivering on all commitments and timelines. The Sept exchange will send this stock to $1.
    Bullish
  • F
    Fyodor
    AABB is due for a run.
    Bullish
  • F
    Fyodor
    Buying AABB will be a winning play!
    Bullish
  • G
    Greg
    Dividend shares became tradeable with TDAmeritrade this morning
    Bullish
  • F
    Fyodor
    Check us out. Market is tanking and AABB is up. AABB gold is going to be huge. Hold on and be patient. If you are a bear or short then GTFOH.
  • M
    Mark
    Looks like Company just bought back more shares t keep the price leveled from market crash
    Bullish
  • T
    Tom
    Exchange launch should really get the SP moving, if you look OS also dropped some on OTC markets website. Management is once again delivering.
    Bullish
  • J
    Jason
    AABB best OTC on the market. This company continues to deliver week after week. Finally hit my target of 200,000 shares. This will skyrocket shortly, hold your bags because were about to blast off!!!!
    Bullish
  • T
    Tom
    Token sales are picking up after that update, let’s gooooo!!

    The stock is SO undervalued at .11..... they have over $100+ million in assets, CMON MAN!
    Bullish
  • R
    Riccardo
    3:50p ET 7/7/2021 - Benzinga
    Inflation, Gold, & Crypto: is Asia Broadband the Next GameStop?
    Mentioned: AABB GME
    The stock market is no longer only the domain of in-the-know professionals on Wall Street or The City. The rise of eToro, Robinhood, and other such platforms has made the markets accessible to the masses. With low buy-in fees on CFDs of the world's most popular shares and markets available in just a few clicks, retail traders have firmly arrived at what was traditionally a very private party.

    The GameStop (NYSE: GME) saga made headlines all over the world. Not only has a new breed of trader arrived, but these tech-savvy, social media-obsessed traders quickly learned that by pooling together their resources, they could disrupt the game and get one over on the big boys. GameStop turned many amateur investors into rich people overnight. And highlighted just how much power and impact a loosely organized newbie gang of traders on Reddit could have if they put their minds and resources to it.

    For people coming late to the game and looking to get in on the action, there is a great sense of FOMO. Or whatever this would be in the past tense. GameStop already happened. The system will better protect itself from other such attacks. And there isn't anywhere near the same value in going with the safe trades of your Googles, Facebooks, or Teslas if you want those GameStop-style rapid returns.

    So, what is a new trader to do? The answer is to do it the old-school way. Look at the fundamentals. Understand the time in which we live. And use your gained knowledge to identify the next big thing before too many others do the sameâ??something like Asia Broadband, Inc. (OTC: AABB), for example.

    All that Glitters

    The U.S. Consumer Price Index jumped by 5% in headline inflation in May. This was its most significant rise since 2008, and everybody knows what happened next back then. In times of economic crisis brought about by out-of-control inflation, the markets always suffer. Or at least most of them do.

    While stocks, funds, and the value of the dollar may dip drastically in hard times, gold often acts as a hedge that tends to rise in value as everything else falters. This is great if you are holding gold, but it can also be something that you can benefit from if some of your holdings are with companies that have ties to gold and other commodities.

    Livermore Partners Chief Investment Office David Neuhauser is undoubtedly of this opinion as he believes commodities are set to enter a supercycle that will generate significant returns in the next 3 to 5 years.

    This brings us back to the beginning. Asia Broadband, Inc.'s (OTC: AABB) main business focuses on the production, supply, and sale of precious and base metals, primarily to Asian markets. And with the recent acquisition of a new gold mine and production facilities in Mexico, it appears the company is actively expanding its reach in the world of commodities at just the right time.

    Aside from growing its core business, the company also recently reported strong growth to start the first quarter of 2021, and its listed assets of $100 million are a five-fold increase on those of just one year ago.

    AABB is a company with solid fundamentals in place, and its rise has not gone unnoticed by the wave of new traders. The company boasts a loyal and rapidly growing army of dedicated retail investors, as shown by its lively subreddits and over 35,000 watchers on Stocktwits.

    The Crypto Factor

    Asia Broadband, Inc. is also notable for the aggressive push that the company has made this year into the crypto world. The company's AABB Gold Token is a one-of-a-kind in this sphere thanks to its vertical integration of Mine-to-Token gold-backing. This means that, unlike other gold-backed cryptos, AABB holds physical gold assets that back the AABBG token 100% from the mining production segment of its holding company.

    In support of the AABBG token, of which more than $1 million of tokens were sold in the first few weeks of launch, the company is also launching its own proprietary crypto exchange, due for release in the next few months.

    The crypto connection was also recently strengthened when the company announced that it plans to grow its presence in Central America and build up demand for AABBG by setting up a satellite office in crypto-friendly El Salvador.

    A Perfect Storm

    The global economy looks set to hit the rocks in the coming months, with gold and crypto highly likely to rally in opposition. In this context, it would appear that Asia Broadband is well-positioned on several fronts to take advantage of this new 'supercycle' that will see some companies prosper as others falter in the months and years ahead.
  • B
    BINH
    AABB THE BEST COMPANY INVESTINGS WILL BE $5 SHARE 2021
    Bullish