Asia Broadband Inc. AABB Archives - Page 2 of 6

ThursdaySep 09, 2021 3:37 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Progress of Exchange Project in Anticipation of Pending Launch

Asia Broadband (OTC: AABB) today announced that it has worked diligently over the summer months and achieved numerous development milestones in preparation for the soon-to-be-launched proprietary cryptocurrency exchange (the “Exchange”). Per the update, AABB management and the development team are pleased with recent progress of the Exchange project in anticipation of the forthcoming launch. Many new features were added to the development to expand functionality, usability and market penetration of the Exchange including the web and Spanish language versions and a new Exchange website. In addition, continued development is planned subsequent to the launch of the Exchange to allow for the…

WednesdayJul 21, 2021 12:07 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Provides Update on Mining Properties, Facilities

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, released an update on its mining properties and facilities. AABB is focusing its efforts in parts of Mexico where the company has a comparative advantage of development resources and expertise readily available, enabling the rapid expansion and duplication of previous gold production success. The company observed that in 2020 it had explored a property diversification initiative and pursued several potential development projects, including a gold property in Colombia and a lithium property in Mexico; the company has determined that…

ThursdayJul 15, 2021 2:27 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Provides Exchange Development, AABB Wallet Update

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, has reached several significant development milestones as it continues to focus on building a proprietary cryptocurrency exchange. The company has been involved in this project since the March launch of its gold-backed token (“AABBG”); the anticipated date for testing the exchange is August 2021 with a planned live launch in September 2021. According to the company, the exchange will enable AABB Wallet users to trade their AABBG tokens for major cryptocurrencies such as Bitcoin and Ethereum as well…

TuesdayJul 13, 2021 12:21 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Completion of Share Retirement, 120M Reduction in Total Outstanding Shares

Asia Broadband (OTC: AABB) today announced that its management and board of directors recently completed the retirement and return of 120 million restricted common shares to the company treasury. According to the update, the reduction in the total outstanding company shares was 13 million more than the 107 million share reduction previously approved and announced in May. Asia Broadband’s initiative to create shareholder value led to the agreements with several third-party shareholders to retire the 120 million shares. In addition, AABB expects to retire more shares to its treasury in the near future with the ongoing plans to continue the…

ThursdayJul 08, 2021 1:22 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Featured in Recent Benzinga Article as Potential ‘Next Big Thing’

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, has been highlighted in a recent Benzinga article for making aggressive moves in the crypto world. The article called the company’s AABB Gold Token a “one-of-a-kind” because of its vertical integration of mine-to-token gold backing, which means that, unlike other gold-backed cryptos, AABB holds physical gold assets that back the token 100% from the mining production segment of its holding company. The article also noted that more than $1 million of tokens were sold in the first few…

ThursdayJul 01, 2021 11:45 am

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Eyes Promising Assay Results in Leveraging Mine-to-Token Strategy

Asia Broadband (OTC: AABB), a precious metals resource holder and cryptocurrency developer, has been assessing several gold mining projects and has issued letters of intent (“LOIs”) for mines and processing facilities in the Mexico-based states of Jalisco and Nayarit. These efforts are underway in order for AABB to add to its gold holdings under its mine-to-token strategy. The company is moving forward with its intent to acquire new gold reserves and recently announced that one of the mines subject to its LOI has produced high-grade assay results from random samples collected throughout the property when due diligence procedures began. “The…

TuesdayJun 22, 2021 12:58 pm

Asia Broadband Inc. (AABB) Enthused Over Preliminary Assay Results at LOI-target Gold Mine

Asia Broadband, an experienced producer of precious metals, is in the process of adding key gold mine property acquisitions in Mexico The company’s approach to metals sales to primarily Asian markets includes development of a cryptocurrency exchange with a token backed by its gold holdings Asia Broadband’s AABBG token will be traceable through the proprietary exchange for currencies such as Bitcoin, Ethereum and Litecoin, and will also be able to acquire value on principles of limited production and rising demand The company recently reported its enthusiasm over preliminary assay results on rocks taken at random throughout a mine in Nayarit…

TuesdayJun 15, 2021 10:17 am

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Plans to Pursue AABBG Token Business Development in Central America

Asia Broadband (OTC: AABB) today announced that it is proceeding with plans to establish a presence in Central America and build a demand for its gold-backed cryptocurrency (“AABBG”) token in El Salvador. According to the update, AABB will be targeting major Salvadoran retailers to engage in acceptance and processing agreements for customer purchases with AABBG. The business development program is designed to provide retailers and customers with substantial commission and discount incentives to fulfill transactions with AABBG and facilitate circulation expansion. The company plans the creation of a Spanish version of the AABB Wallet and upcoming exchange with the AABBG…

MondayJun 14, 2021 1:21 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Eyes Acquisitions to Strengthen Cryptocurrency Operations

Asia Broadband (OTC: AABB) utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of base and precious metals in Mexico to its client sales networks in Asia. The company is currently in the process of reviewing two properties located in the prolific gold mining regions of Mascota and Acaponeta in Mexico. Upon completion of drill testing, assays and other due diligence processes, AABB intends to accelerate acquisition of the properties, each of which have multiple mining sites, existing infrastructure and production facilities capable of processing 250 tons of…

FridayJun 04, 2021 9:00 am

Asia Broadband Inc.’s (AABB) Strong Q1 2021 Balance Sheet Sets Foundation for Robust Performance, Fulfillment of Strategic Goal

Asia Broadband recently released Q1 2021 results featuring a strong balance sheet as indicated by over $100 million in total assets, an increase of 283% from a similar period last year The results signal AABB’s highly liquid position to fully fund and rapidly grow its gold mining and cryptocurrency operations AABB intends to acquire high-yield gold mining assets to increase its physical gold holdings AABB recently hired a marketing firm to design an international marketing campaign to be rolled out in May Asia Broadband (OTC: AABB), a company that utilizes its specific geographic expertise, experience, and extensive industry contacts to…

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