Asia Broadband Inc. AABB Archives - Page 3 of 6

ThursdayJun 03, 2021 1:09 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Progress, Expected Launch Timeline for Its Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) today announced that it 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 gold-backed token (“AABBG”), 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 AABBG 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…

WednesdayJun 02, 2021 11:11 am

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Upcoming Availability of Two New Trading Methods

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, is planning on releasing two unique trading methods by September of this year. The two methods — Quick Exchange and Advanced Exchange — will be available in AABB’s proprietary cryptocurrency exchange. Users will be able to use Quick Exchange for the rapid trade of one currency for another at the best offered price. The Advanced Exchange enables users to manually buy or sell orders at the price they are looking for. AABB is currently working to provide…

TuesdayJun 01, 2021 2:26 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Anticipates High Gold Concentrations, Production from Likely Acquisitions

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, recently received mapping and rock sample assay results for the Los Reyes property, located in the prolific region of Mascota in Jalisco, Mexico. “The results from non-targeted rock samples showed great promise for AABB and strongly demonstrated that targeted drilling samples, directed by geophysics data, could have higher gold concentrations and values,” reads a recent article. The Los Reyes property is one of two assets Asia Broadband plans to acquire. “AABB’s sights are also set on a second property located in the region of…

ThursdayMay 27, 2021 9:46 am

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) to Retire 107M Restricted Common Shares

Asia Broadband (OTC: AABB) today announced that its management and board of directors have approved the retirement and return of 107 million restricted common shares to the company treasury. According to the update, the share retirement process has been initiated with AABB’s transfer agent and is anticipated to be completed in the coming weeks. Asia Broadband’s initiative to create shareholder value led to the agreements with several third-party shareholders to retire the shares. With ongoing plans to continue the shareholder value initiative, AABB expects to retire additional shares to the company treasury in the near future. To view the full…

TuesdayMay 25, 2021 10:49 am

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces High-Grade Assay Results for Prospective Gold Mine Acquisition

Asia Broadband (OTC: AABB) today announced its receipt of mapping and rock sample assay results during the ongoing due diligence process with respect to the letter of intent to acquire a historic production gold mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The Acaponeta gold project, located approximately 48 kms southeast from the city of Acaponeta, is another prospective high-yield asset addition in the company’s strategic expansion initiative to acquire gold production and increase AABB’s physical gold holdings. According to the update, the assays in the geological report revealed high-grade gold, silver and copper values from the…

MondayMay 24, 2021 12:27 pm

Asia Broadband (AABB) Hitting its Stride in Cryptocurrency Exchange Development Following Token’s Launch

Asia Broadband Inc., an experienced producer of precious metals is adding key gold mine property acquisitions in Mexico, while concurrently developing a proprietary cryptocurrency exchange The exchange will build a mechanism for holders of its gold-backed AABBG token to trade with major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin The AABBG tokens launched in March, backed by $30 million in physical gold from the company’s properties The company reports it achieved several milestones in regard to the exchange’s development during the past month that were related to its network, platform, design and algorithms Asia Broadband expects to test the exchange…

ThursdayMay 20, 2021 9:15 am

Asia Broadband Inc. (AABB) on Course to Increase Physical Gold Holdings with Two Potential Property Acquisitions

Asia Broadband is increasing its physical gold holdings, to financially leverage and back the company’s AABBG cryptocurrency token, through acquisitions of historic gold mine site properties The company is currently at an advanced stage of negotiations and due diligence process for the purchase of the 200-hectare Los Reyes property in western Mexico, whose assay results show significant promise AABB also announced that it has entered into an LOI to acquire a high-yield asset in the prolific mining region of Acaponeta in Nayarit, also in western Mexico Asia Broadband (OTC: AABB), a resource company operating using a vertically integrated model that…

TuesdayMay 18, 2021 1:43 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Announces Strong Q1 Results, Poised for Growth in 2021

Asia Broadband (OTC: AABB) today announced the publishing of the company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. According to the update, AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments. Among the highlights, the update discussed the company’s recent launch of its AABBG gold-backed cryptocurrency token sales, as well as the hiring of a firm that has designed an international marketing campaign to proliferate brand exposure, increase token sales and AABB Wallet transactions and amplify public and…

MondayMay 17, 2021 12:18 pm

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Furthers Goal for AABBG Gold Token

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, has hit several milestones in its push to reach the goal set for its gold-backed cryptocurrency token AABB Gold (“AABBG”) to become a secure and trusted worldwide standard of exchange. Some of the milestones reached include the launch of the token and AABB Wallet, the deployment of the mine-to-token approach that aims for complete independence from fiat currency and, more recently, the launch of an international marketing campaign. In the coming months, the company expects to launch its proprietary exchange. A recent article reads,…

TuesdayMay 11, 2021 10:34 am

QualityStocksNewsBreaks – Asia Broadband Inc. (AABB) Provides Updates on Development Milestones for Cryptocurrency Exchange

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 significant milestones in its efforts to build a proprietary cryptocurrency exchange. The company announced that, after the first month of development, the exchange completion timeline is on schedule for testing in mid-August; AABB plans to launch the live exchange in September 2021. Working with Core State Holdings Corp. to develop the exchange, AABB has reported that the first month of development included preparing the network, platform, design and algorithms. The company noted that improvement and optimization of…

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