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. | Source: "@id": "https://smallcapexclusive.com/", Asia Broadband (OTCMKTS:AABB) made a big announcement today, and shares of AABB stock are soaring higher by 50% as a result. 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. After the first month of development, the Exchange completion timeline is on the planned path for testing in mid-August with the live Exchange launch expected in early September. Please disable your ad-blocker and refresh. I am not receiving compensation for it (other than from Seeking Alpha). 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. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. In collaboration with the Companys digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of the Exchange. .tdm-btn-style2:before { Read More AABB Stock News Headlines 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. Samut Prakan, Thailand. LSDI Stock: Will Lucy Scientific Discovery (NASDAQ:LSDI) Come Back? .tdm-header-style-2.td-header-wrap .top-header-menu .sub-menu, It is possible to lose most if not all funds within a very short time frame. You also have the option to opt-out of these cookies. The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. The company plans to invest $10 million in the initial phase development program for the property. Furthermore, the official website states that AABBG is not a stable coin but rather a token tied to the price of 0.1 grams of gold. 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. Sign up below to get this incredible offer! But opting out of some of these cookies may have an effect on your browsing experience. While the confirmation of this date is great news for Asia Broadband, the cryptocurrency world is saturated with crypto exchanges. The company said the launch is the initial phase of the Exchange roll out in the. Television broadcasts originate from Beijing, New Delhi, Karachi and Singapore. Please disable your ad-blocker and refresh. Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN). The cash reserves plus bullion should stand at just below $100 million at the moment ($8.76 million plus $82 million plus 4.6 million). Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 Office[emailprotected]. 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(OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. Noi, Yahoo, facem parte din familia de mrci Yahoo. .tds-title2 .tdm-title-line:after, "itemListElement": [ { var d=new Date(); Asian Television. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. 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? Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. function gtag(){dataLayer.push(arguments);} Asia Broadband also has minerals concessions with an area of 912 hectares in Colombia, but I couldnt find much information about them. -moz-box-shadow: 0 2px 16px #005689; 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. The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. Copyright 2023 InvestorPlace Media, LLC. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. Asia Broadband, Inc. with address 3753 Howard Hughes Parkway, Suite 200-738, Las Vegas, NV 89169, USA. 1125 N. Charles St, Baltimore, MD 21201. .tdm-menu-active-style2 .tdm-header ul.sf-menu > .td-menu-item, .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-menu-item > a, After all, the maximum supply of AABB Gold is 500 million tokens, which is around $2.86 billion. According to OTC Markets, Asia Broadband currently has 1,945,125,509 shares outstanding, which means its valuation stands at $464.9 million as of February 26. Lets do a quick overview before we get into the technical analysis. gtag('config', 'AW-10843029164'); If youre interested in trading this stock I would recommend for AABB to eclipse $.20 before thinking about trading it. Recently concluding the third month of the Exchange development and enhancements to the current AABB Wallet has led to the completion of the following milestones and the uploading of new versions of the AABB Wallet application to the iOS and Android platforms that will include the updates below: The iOS and Android AABB Wallet apps have been sent to the Apple and Google Play Stores for moderation approval with the new added functionalities. I wrote this article myself, and it expresses my own opinions. Second, the price of the new cryptocurrency could soar far beyond its intrinsic value due to retail investor interest. 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. Like all micro-capitalization stocks, AABB is subject to extreme price movements. }, 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. Is this happening to you frequently? NISSAN MOTOR ASIA PACIFIC - Research and Development (R&D) Center. The company had partnership with Verizon. box-shadow: 0 4px 26px #005689; 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. 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. 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. Facei clic pe Administrare setri pentru a obine mai multe informaii i pentru a gestiona alegerile. 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. ] These cookies will be stored in your browser only with your consent. .tds-button6:before, The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV. means its valuation stands at $464.9 million as of February 26. During February, I covered several OTC companies that are popular with retail investors, such as Tesoro Enterprises (OTCPK:OTCPK:TSNP), Viper Networks (OTCPK:OTCPK:VPER), Healthier Choices Management Corp (OTCPK:OTCPK:HCMC), Artificial Intelligence Technology Solutions (OTCPK:OTCPK:AITX) and Ozop Energy Solutions (OTCPK:OTCPK:OZSC). Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. 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. 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 . The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin and Ethereum. 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"). The Score for AABB is 39, which is 22% below its historic median score of 50, and infers higher risk than normal. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. yr=d.getFullYear(); "name": "Home" 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. background-color: #005689; This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The MarketWatch News Department was not involved in the creation of this content. There are several sources for IXP locations, including Packet Clearing House, who have maintained the earliest list of IXPs, with global coverage since 1994. These unique features make AABBG an ideal store of value investment and future method of payment for purchase transactions. The current Asia Broadband [ AABB] share price is $0.0313. "@id": "https://smallcapexclusive.com/category/bitcoin/", This is a list of Internet exchange points ( IXPs ). The company created the AABB Gold Token (AABBG) this year, which is 100% backed by $30 million worth of physical gold. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Its mining projects include Los Reyes, Bonanza, San Palmar, and La. Such high profit margins would put to shame many Tier 1 gold mines. Asia Broadband (AABB) opens their crypto exchange. background-color: #005689; February 28, 2023 - 8:00 am. Etisalat by e& on Tuesday announced the first commercial deployment of comprehensive 5G standalone (SA) network in the Middle East and North Africa (Mena) for consumers and . Take a look HERE. This website uses cookies to improve your experience. A serial entrepreneur who have raised several companies from zero to millions Dollar valuation. Nasdaq Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. } 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" .tdm-header-style-1.td-header-wrap .td-header-top-menu-full, Trade, Deposit and Store Crypto with our AABB Wallet App. ET It recently sold its only producing project for $82 million, so its unclear how the company is going to source the gold needed for the launch of its cryptocurrency. .tdm-header-style-1 .td-main-menu-logo a, The remaining mining projects are small and I dont think theyre worth much at this stage, so I think Asia Broadband should have a valuation thats close to its cash reserves plus the 28% Guerrero stake. Aug 2013 - Mar 20173 years 8 months. Diversify, Diversify, Diversify All great traders know that diversification is the key to success in any market condition. At the token launch, 5.4 million tokens were made available at one-tenth (0.1) gram of the price of gold, establishing a price of approximately USD 5.60 for each AABBG token. 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. AABB Stock Moving on Crypto Exchange Hopes. There have now been 150 cryptocurrency Exchange trading pairs added into to the BCGateway platform and 50 more trading pairs are planned to be added in the coming weeks. Your official stop for branded AABB and AABBG apparel & merchandise. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-category-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. After the holiday period and in the weeks to follow, the Desktop version and the mobile applications of AABB Exchange will continue to be rolled out. . 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. Today's launch is the initial phase of the Exchange roll out in the . The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. 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. https://www.kitco.com/news/2021-05-06/Barrick-Gold-s-Mark-Bristow-on-how-to-out-flank-bitcoin.html. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. Maximize your profits with the most competitive transaction fees in the industry! 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. line-height: 36px; } 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. Recruited to build the start-up Enterprise Solutions division for the Americas and secure market share in the business mobility space. 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. Asia Broadband ( OTCPK:AABB +37.3%) rallies on confirming a Dec.28 release date for its proprietary cryptocurrency exchange within the AABB Wallet. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with . On the date of publication, Eddie Pan did not have (either directly or indirectly) any positions in the securities mentioned in this article. The improvement and optimization of the network foundation was completed, adding additional visitor capacity. United States and Canada distributions have unlimited word count. Guerrero Gold Belt project, it doesnt have producing assets and its cash reserves plus bullion should be around the $100 million mark. Outside of mining, the company is developing a white label gold-backed cryptocurrency coin with a company named Core State Holdings. The latter is valued at $464.9 million as of time of writing and I think its business shouldnt be worth more than $100 million. If you do decide to trade or purchase/short cryptocurrencies, please make sure you are allocating only that portion of funds that you can risk and can afford to lose. 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. First, its possible for Asia Broadband to develop one of its new projects into a profitable operation like the Guerrero Gold Belt project. Here's what you get when you search for these coordinates on Google Maps, in Colombia, but I couldnt find much information about, Outside of mining, the company is developing a. with a company named Core State Holdings. .tdm-btn-style3:hover { The gold that AABBG is backed against is mined exclusively by Asia Broadband. @media (min-width: 767px) { .tdm-menu-active-style4 .tdm-header .sf-menu > .current-menu-ancestor > a, } 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. If the dividend or share buyback yield is high - even better. Some of the development highlights were as follows. "@type": "WebSite", } Also, there is no available mineral reserve or technical report and Asia Broadband hasnt provided production figures. Download the AABB Wallet app to start crypto trading today! Additionally, the price of AABB stock rose to as high as 53 cents in February after the company first announced plans for Exchange. .tdm-header-style-3.td-header-wrap .top-header-menu .sub-menu{ True Corporation was established on 13 November 1990 as TelecomAsia. Multiple level security with passphrase and PIN code protection. It will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains. Therma Bright Inc (TSXV:THRM) (OTCQB:TBRIF) Signs The Exclusive Worldwide Licensing Rights To Market And Sell Ai4lyfs Digital Cough Technology (Dct). 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. 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. Transactions are not visible to third parties, AABB Gold tokens and other cryptos can be sent by email, SMS, or social media with iTransfer, Enhanced security with passphrase and PIN code protection, Multi-level security with passphrase and PIN code protection. The qualities of AABBG allow for benefits from gold and cryptocurrency markets, with the stability of the price of gold at a minimum and the potential for price appreciation from both markets. Based on the price for the Guerrero transaction, that 28% interest should be worth around $32 million. The Exchange completion timeline is estimated to be on path for testing in August with the live Exchange launch expected in September. Every few minutes, theres a, with the $AABB hashtag as well as a new post on. Schedule a date and time that works for you. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. .tds-button1, Theres even room for more lines. Understand that there is a chance that you could lose your capital. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. 8033 Sunset Blvd Suite 1037-IW Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. We also use third-party cookies that help us analyze and understand how you use this website. 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). This category only includes cookies that ensures basic functionalities and security features of the website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. | February 7, 2023 .tdm-social-item i { "position": 2, The company was listed on the Stock Exchange of Thailand on 22 December 1993 (). Established in 1996, Asia Broadband, Inc. is a high-margin resource company focused on the production, supply, and sale of precious and base metals to primarily Asian markets. Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. 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. The major development components planned for completion in the coming months are the cold wallet, web-versions of the wallet and Exchange, transaction fee mechanism, trade platform and reporting system.