Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. .tdm-btn-style3:hover { These are unique and outstanding qualities relative to other cryptocurrencies. It recently sold its only producing project for $82 million, so it's unclear how. background-color: #005689; 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 . .tds-title3 .tdm-title-line:after, 86% of retail CFD accounts lose money, Asia Broadband advances its crypto expansion in Central America's bitcoin hub. Company profile. The Score for AABB is 39, which is 22% below its historic median score of 50, and infers higher risk than normal. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. and a cryptocurrency payment gateway solution PayAABB.com. All Rights Reserved. Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN). -webkit-box-shadow: 0 4px 26px #005689; Asia Broadband, Inc. with address 3753 Howard Hughes Parkway, Suite 200-738, Las Vegas, NV 89169, USA. However, some retail investors have been expressing concerns about the companys business, with examples here and here. Such high profit margins would put to shame many Tier 1 gold mines, Guerrero Gold Belt project, Asia Broadband, has a development-stage gold project in the Mexican. It is possible to lose most if not all funds within a very short time frame. 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. Asia Broadband, a resource company that primarily mines and sells precious metals, is developing its new product PayAABB, a digital crypto payment platform that will help facilitate the. However, it has been pivoting itself toward the crypto industry as it makes new developments. } It is mandatory to procure user consent prior to running these cookies on your website. .tdm_block_list .tdm-list-item i, To distribute a release in the next 24 hours. 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. These articles seem to generate significant interest among SA subscribers and I therefore think that its worth focusing my attention on this type of company. . While the confirmation of this date is great news for Asia Broadband, the cryptocurrency world is saturated with crypto exchanges. I am not receiving compensation for it (other than from Seeking Alpha). Asia Broadband Inc. LAS VEGAS, Dec. 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire Asia Broadband Inc. (OTC: AABB) (AABB or the Company) is pleased to announce that the Company has now launched its proprietary cryptocurrency exchange (the Exchange) within the AABB Wallet. Provide your personal identification information. 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. Is this happening to you frequently? 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. .tdm-menu-active-style4 .tdm-header .sf-menu > li > a:hover, 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 current Asia Broadband [ AABB] share price is $0.0313. revenues of $10.7 million and a gross profit from mining operations of $6.93 million for the first nine months of 2020. . This is a list of Internet exchange points ( IXPs ). .tdm-header-style-2 .td-main-menu-logo img, Also, the public float was 756.8 million shares and there was a day in August when the trading volume surpassed 300 million shares. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. 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. n Politica noastr de confidenialitate i n Politica privind modulele cookie. Second, the price of the new cryptocurrency could soar far beyond its intrinsic value due to retail investor interest. Also, there is no available mineral reserve or technical report and Asia Broadband hasnt provided production figures. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. An official date for Asia Broadband's crypto exchange was confirmed today. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Every few minutes, theres a, with the $AABB hashtag as well as a new post on. 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 project has evolved and grown immensely in recent months to vastly improve the finished product. } LAS VEGAS, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. AABB ("AABB" or the "Company") is pleased to announce that the early registrants last week on the allowlist will be able to. Television broadcasts originate from Beijing, New Delhi, Karachi and Singapore. } Putei modifica opiunile n orice moment, vizitnd Controale de confidenialitate. 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. 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. Dec. 28, 2021 (GLOBE NEWSWIRE) via InvestorWire - Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has now launched its proprietary cryptocurrency exchange (the "Exchange") within the AABB Wallet. 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. This stock is volatile, trade with stop losses and never try to catch a falling safe! 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. 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. Asia Broadband to launch crypto payment solution on September 7. Customers are now able to enjoy the lowest data rates in [] 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. In collaboration with the companys digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of. On the date of publication, Eddie Pan did not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. Simple registration, get started with just your email. A serial entrepreneur who have raised several companies from zero to millions Dollar valuation. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. So, whats the big news that sent this stock soaring? This website uses cookies to improve your experience while you navigate through the website. ] Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com, Plus500. 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_block_column_content:hover .tdm-col-content-title-url .tdm-title, AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. Have full control by using our comprehensive crypto-trading tools. Allow customers to pay for your services & products through social messages, email, and SMS via a QR code. 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). the initial phase development program for the property. 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. Ive wanted to start a new series on SA ever since I ended my previous one, which was called "Best Drill Interceptions In The Metals Mining Sector For The Week Ended X". No data is collected, and transactions are 100% invisible to third parties. The company had partnership with Verizon. The trading volume and share price started soaring around a few weeks ago. .tdm-btn-style1 { 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. "name": "Bitcoin" There are several sources for IXP locations, including Packet Clearing House, who have maintained the earliest list of IXPs, with global coverage since 1994. 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. For a company like Asia Broadband, Inc. (OTC: AABB), which is well-positioned in both, we feel that this could be an end-of-year unlike no other. The design for the iOS, Android, and Web-version of the Exchange was completed. Set up a Live demonstration. Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. If you have an ad-blocker enabled you may be blocked from proceeding. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. AABB Stock Moving on Crypto Exchange Hopes. 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). But opting out of some of these cookies may have an effect on your browsing experience. Its mining projects include Los Reyes, Bonanza, San Palmar, and La. 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. -moz-box-shadow: 0 2px 16px #005689; A mentor, advisor, and guest lecturer at top universities and digital companies in Indonesia. Through its subsidiary, Asia Metals Inc., Asia Broadband focuses on the acquisition of highly prospective gold projects in well-established mining camps around Mexico. InvestorWire Global Press Releases are disseminated to thousands of distribution points across 55+ countries. Core State is also developing a cryptocurrency exchange which will allow holders of AABB Gold tokens to exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. If the dividend or share buyback yield is high - even better. "@id": "https://smallcapexclusive.com/category/bitcoin/", Asia Metals Inc. 2021. The new coin is named AABB Gold (AABBG) and is expected to be launched this month. Asian Television. yr=d.getFullYear(); Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. HERE. 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 stock has since sunk 62% to 20 cents, even after todays 50% gain. All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. Minister for Information Technology and Telecommunication Syed Amin-ul-Haque inaugurated a three-day global ITCN Asia exhibition here on Thursday. Asia Broadband Inc (AABB) Message Board | InvestorsHub NEW to INVESTORSHUB Home Boards US OTC Miscellaneous 720 AABB Asia Broadband Inc Follow Posts About Popular New Post Latest Posts. .tdm-header-style-1 .td-main-menu-logo a, box-shadow: 0 4px 26px #005689; "@id": "https://smallcapexclusive.com/asia-broadband-aabb-opens-their-crypto-exchange/", The Status module is one of the new features in the app updates that will allow users to instantly see deposit and withdraw transactions and their account status details on the network. Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. 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. } "@type": "ListItem", 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 Exchange will also have at least 20 trading pairs and the major cryptocurrencies also being paired with AABB Gold (AABBG) token. 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. 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. window._tfa.push({notify: 'event', name: 'page_view', id: 1298471}); I have no business relationship with any company whose stock is mentioned in this article. All rights reserved. .tds-button1, Development is continuing toward the implementation of the Spanish-speaking version of the AABB Wallet for the web version, mobile applications and digital Exchange. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Exclusive Stock Alerts, News and Analysis on Small Cap Companies. Trade, Deposit and Store Crypto with our AABB Wallet App. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. Sign up below to get this incredible offer! 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. var d=new Date(); 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"). .tdm-header-style-3 .td-main-menu-logo img { Maximize your profits with the most competitive transaction fees in the industry! There are two major risks I see for the bear thesis. Is this happening to you frequently? Start Now Trade, Deposit and Store Crypto with our AABB Wallet App Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. Send AABB Gold and other crypto securely by email, SMS or social media. Download the AABB Wallet app to start crypto trading today! Feb 27, 2023 (The Expresswire) -- "Broadband Attenuator Market" Size, Share and Trends Analysis Report 2023 - By . 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. 'tb_tfa_script'); Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. 3 Metaverse Cryptos Surviving the Bear Market Shakeout, Asia Broadband rallies on acquiring high-grade zodiac gold mine project in Mexico, Asia Broadband Introduces Additional Trading Pairs To Its AABB Proprietary Cryptocurrency Exchange, Registration on or use of this site constitutes acceptance of our. high-growth markets including India and China, The new coin is named AABB Gold (AABBG) and is expected to be. AABB Gold tokens to exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. If youre interested in trading this stock I would recommend for AABB to eclipse $.20 before thinking about trading it. AABB is currently trading in the 30-40% percentile range relative to its historical Stock Score levels. 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. LSDI Stock: Will Lucy Scientific Discovery (NASDAQ:LSDI) Come Back? "@id": "https://smallcapexclusive.com/", 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. 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. Multiple level security with passphrase and PIN code protection. 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. 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. if (!document.getElementById(x)) { The new cryptocurrency exchange, called Exchange, will allow for the implementation of modules for brokers, the issuance of various crypto-secured loans and credit/gift cards, and trading of over 150 cryptocurrency pairs. "@type": "WebPage", 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. December 08, 2021 09:50 ET 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. Leaded a team on Nissan's Electric Vehicle Strategy Project and conducted market analysis in the Southeast Asia region. 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. Please disable your ad-blocker and refresh. This report focuses on global and Japan Broadband Router QYR Global and Japan market. Take a look HERE. border-color: #005689; The gold that AABBG is backed against is mined exclusively by Asia Broadband. InvestorWire accepts no liability for the content of such material and publishes all content for informational purposes and makes no representations regarding, recommendation or invitation to engage in, any form of financial or investment activity, and does not endorse the content of any material published. "@type": "WebSite", The company said the launch is the initial phase of the Exchange roll out in the. 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. 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. True Corporation was established on 13 November 1990 as TelecomAsia. In my opinion, Asia Broadband is a sell. As of September 2020, Asia Broadband had $8.76 million in cash and debts of just $0.62 million. Also, there is no available mineral reserve or technical report and Asia Broadband hasnt provided production figures. If the dividend or share buyback yield is high - even better. ET .tdm-menu-active-style4 .tdm-header .sf-menu > .sfHover > a, The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. December 28, 2021 10:17 ET In March 2021, Asia Broadband launched a gold-backed cryptocurrency, using $30 million of its gold bullion as collateral with the goal of becoming a worldwide standard of exchange that is secured and trusted thanks to its unique mine-to-token vertical integration. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-menu-item > a, Closing Price $0.0313: Day's Change-0.0002 (-0.63%) Bid--Ask--B/A Size--Day's High 0.0318 Day's . "@type": "ListItem", "position": 3, What Is Going on With Asia Broadband (AABB) Stock Today? 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. .tdm-menu-active-style4 .tdm-header ul.sf-menu > .td-menu-item, The Exchange completion timeline is estimated to be on path for testing in August with the live Exchange launch expected in September. According to data from Fintel, the short borrow fee rate currently stands at 15.68%. Investors can take advantage of this by shorting the shares, but keep in mind this is somewhat dangerous due to the high share price volatility. means its valuation stands at $464.9 million as of February 26. All users of AABB Wallet and AABB Exchange are asked to use the Help and Support menus on the site to communicate and provide feedback to the support team. 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. The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV. .tds-button2 i, .tds-title2 .tdm-title-line:after, The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. - Disclosure: I am not a financial adviser. 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. Engaged key internal and external stakeholders through the Nissan Electric Vehicle Test . Based on the price for the Guerrero transaction, that 28% interest should be worth around $32 million. These cookies do not store any personal information. This website uses cookies to improve your experience. 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. Speaking on the occasion the . This 26-year-old company had an interesting journey from metals to crypto. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Asia Broadband share forecasts, stock quote and buy / sell signals below.According to present data Asia Broadband's AABB shares and potentially its market environment have been in bearish cycle last 12 months (if exists). Please write a message if sending a connection request. '//cdn.taboola.com/libtrc/unip/1298471/tfa.js', .tdm_block_pricing .tdm-pricing-feature i, IP, Activitatea de rsfoire i cutare cnd folosii site-urile web i aplicaiile Yahoo. After it opened with a quick gain it quickly pulled back and then went on a nice run from $.14 to $.22. United States and Canada distributions have unlimited word count. box-shadow: 0 2px 16px #005689; AABBG benefits from the upsides of both gold and cryptocurrency, delivering a built-in level of price stability without negating the potential for price appreciation from both markets. | Source: Following the sale of the Guerrero Gold Belt project, Asia Broadband has a development-stage gold project in the Mexican state of Colima. Trade crypto instantly anytime, anywhere with the AABB Exchange, a cryptocurrency platform for investing in digital assets with a single tap. Asia Broadband is a gold mining company that is venturing into the cryptocurrency space with a gold-backed coin. In October 2020, Asia Broadband announced the purchase of a property in Colima for $1.1 million, so this is a pretty small project. 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. In my opinion, Asia Broadband is a sell. The company announced earlier this year its plans to develop an exchange, and investors finally received a confirmation date today. Lordstown Motors: RIDE Stock Gains Momentum: But Why. As a hybrid cryptocurrency backed by the underlying price of gold, AABBG functions in the same way as a stablecoin with the token price supported at a minimum of 0.1 grams of the spot price of gold. The latter is valued at $464.9 million as of time of writing. 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. 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). . Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Copyright 2023 InvestorPlace Media, LLC. 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. } It will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains.