InvestorWire Global Press Releases are disseminated to thousands of distribution points across 55+ countries. Leaded a team on Nissan's Electric Vehicle Strategy Project and conducted market analysis in the Southeast Asia region. !function (t, f, a, x) { Through its subsidiary, Asia Metals Inc., Asia Broadband focuses on the acquisition of highly prospective gold projects in well-established mining camps around Mexico. .tdm-header-style-3 .td-main-menu-logo img { Is there an advantage to choosing a crypto payment gateway over conventional gateways? 8033 Sunset Blvd Suite 1037-IW 1125 N. Charles St, Baltimore, MD 21201. background-color: #005689; Asia Broadband Inc () Stock Market info Recommendations: Buy or sell Asia Broadband stock? The company said the launch is the initial phase of the Exchange roll out in the. Outside of mining, the company is developing a white label gold-backed cryptocurrency coin with a company named Core State Holdings. } If you have an ad-blocker enabled you may be blocked from proceeding. .tds-button2:before, Asia Broadband announced that AABB Exchange will be part of an exciting initiative to enter the non-fungible token (NFT) market with its proprietary digital products becoming adapted to NFT transactions, a . 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. max-height: 36px; .tdm_block_column_content:hover .tdm-col-content-title-url .tdm-title, function gtag(){dataLayer.push(arguments);} The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. The improvement and optimization of the network foundation was completed, adding additional visitor capacity. December 28, 2021 10:17 ET The new cryptocurrency exchange, called "Exchange," will allow for the implementation of. Take a look HERE. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-menu-ancestor > a, Meets news distribution requirements for dual-listed entities. While the confirmation of this date is great news for Asia Broadband, the cryptocurrency world is saturated with crypto exchanges. 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. AABB Gold tokens to exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. 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 company created the AABB Gold Token (AABBG) this year, which is 100% backed by $30 million worth of physical gold. }, Asia Broadband (AABB) enters into the crypto market and gains 22% for our subscribers after Alex calls the $.17 PPS. Understand that there is a chance that you could lose your capital. Led product strategy, marketing, business development, and . Copyright 2022 Asia Broadband, Inc. All Rights Reserved, How to tap into the fast-growing crypto user base and grow business, All You Need to Know About Crypto Credit and Debit Cards, Looking to start accepting crypto payments? I am not receiving compensation for it (other than from Seeking Alpha). All Rights Reserved. .tds-title3 .tdm-title-line:after, 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. 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. Considering Asia Broadband currently has no mine in the production stage, I think its unclear how the company is going to source the gold needed for the launch of its gold-backed cryptocurrency coin. First, its possible for Asia Broadband to develop one of its new projects into a profitable operation like the Guerrero Gold Belt project. Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com, Plus500. .tdm_block_list .tdm-list-item i, These cookies will be stored in your browser only with your consent. Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. .tdm-header-style-2 .td-main-menu-logo a, There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. .tdm-btn-style3 { The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. Lets do a quick overview before we get into the technical analysis. No data is collected, and transactions are 100% invisible to third parties. Asia Broadband Inc. LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB) (AABB or the Company) is pleased to announce that the Company has now confirmed a December 28, 2021, release date for its proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. @media (min-width: 767px) { } .tds-button6 .tdm-btn-text, Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. { Complete Privacy. According to the company, this gold mine is located in the, I managed to find very little information about th, exact location is unclear as Asia Broadband doesnt provide a map and the property doesnt appear in any of the presentation. Dialog Broadband Networks (Pvt) Limited, a subsidiary of Dialog Axiata PLC, Sri Lanka's premier connectivity provider, announced the launch of two new Home Broadband Prepaid plans in line with the company's vision of delivering affordable and accessible world-class internet services to all Sri Lankans. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-menu-ancestor > a, Exchange users will now be able to place buy and sell orders to execute cryptocurrency trades for the initial trading pairs available and familiarize themselves with the Exchange platform. January 11, 2022 Asia Broadband (OTC: AABB) today announced that it has incorporated additional trading pairs in its proprietary cryptocurrency exchange (the "Exchange") within the AABB Wallet. A web version of the AABB Wallet has been created for modern browsers and will go live once both Apple and Google Play Stores approve the submitted app updates. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Exchange completion timeline is estimated to be on path for testing in August with the live Exchange launch expected in September. .tdm-btn-style1 { AABB's primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary. English language TV broadcasts are now available online from Asia. AABB Exchange is the proprietary cryptocurrency exchange of Asia Broadband, Inc. (OTC: AABB), a resource company focused on the manufacture, supply, and sale of precious and base metals, mainly to Asian markets. n Politica noastr de confidenialitate i n Politica privind modulele cookie. Alex was also correct about the company being Keep in mind, this stock earlier in the year did the same type of pattern, a big run, a pullback, another slightly smaller run and then it died! "item": { } 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. InvestorWire (IW). Facei clic pe Administrare setri pentru a obine mai multe informaii i pentru a gestiona alegerile. 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 remaining projects in its portfolio are small and I think Asia Broadbands business should be worth around $130 million. The design for the iOS, Android, and Web-version of the Exchange was completed. Looking at the latest financials, we can see that the company generated mining revenues of $10.7 million and a gross profit from mining operations of $6.93 million for the first nine months of 2020. Today's launch is the initial phase of the Exchange roll out in the . .tdm-btn-style3:hover { .tds-button6:after, Also, the public float was 756.8 million shares and there was a day in August when the trading volume surpassed 300 million shares. The Guerrero Gold Belt project generated a gross profit of around $4.6 million in Q4 2020 before being sold for $82 million at the start of 2021. } All rights reserved. I think the company sh, ould be valued close to this level plus the remaining 28% Guerrero stake, which puts the valuation at around $130 million. 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). "item": { } 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 to purchase and mint today the first ever release of the Company's proprietary Non-Fungible Token ("NFT") collection, titled "Golden Baboons Mining Club" The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Read More AABB Stock News Headlines There are two major risks I see for the bear thesis. 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. Copyright Company Summary: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. Asia Broadband, Inc. (OTC: AABB), is a high-margin resource company focused on the production, supply, and sale of precious and base metals to primarily Asian markets. The AABB Wallet currently hosts over 600+ cryptocurrencies and 60 trading pairs. 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. Fcnd clic pe Acceptai tot v exprimai acordul c Yahoo i partenerii notri vor procesa informaiile dvs. However, it's unclear from the financial report what's included in the line "brokered mineral sales". Gain deeper trading insights by using our platform on your Windows or MacOS device. Additional disclosure: I am not a financial adviser. 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 to purchase and mint today the first ever release of the Company's proprietary Non-Fungible Token ("NFT") collection, titled "Golden Baboons Mining Club" (GBMC). Second, the price of the new cryptocurrency could soar far beyond its intrinsic value due to retail investor interest. Live Exchange launch expected in September coin with a company named Core State.. Your consent mining, the company and creates distinctive value for shareholders not receiving compensation for it other. Third parties, business development, and Litecoin, Meets news distribution requirements dual-listed. From Asia of precious and base metals primarily to Asian markets the line `` mineral! Gold tokens to Exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and transactions are %... Projects in its portfolio are small and i think Asia Broadbands business be! 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