"item": { However, it has been pivoting itself toward the crypto industry as it makes new developments. Asia Broadband Inc. ( AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. } As of September 2020, Asia Broadband had $8.76 million in cash and debts of just $0.62 million. "@type": "ListItem", 25 km east of the Pena Colorada iron ore mine, Asia Broadband has given the coordinates of the project and they are, . I teach statistical modeling and research methodology on statistics, hands-on practice using BPS census and survey data. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. "name": "Home" Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. This category only includes cookies that ensures basic functionalities and security features of the website. 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 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. 1125 N. Charles St, Baltimore, MD 21201. A mentor, advisor, and guest lecturer at top universities and digital companies in Indonesia. Is this happening to you frequently? 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". 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. 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. This stock is volatile, trade with stop losses and never try to catch a falling safe! Asia Broadband also has minerals concessions with an area of 912 hectares in Colombia, but I couldnt find much information about them. 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. (function(h,o,t,j,a,r){ h.hj=h.hj||function(){(h.hj.q=h.hj.q||[]).push(arguments)}; h._hjSettings={hjid:2780486,hjsv:6}; a=o.getElementsByTagName('head')[0]; r=o.createElement('script');r.async=1; r.src=t+h._hjSettings.hjid+j+h._hjSettings.hjsv; a.appendChild(r); })(window,document,'https://static.hotjar.com/c/hotjar-','.js?sv='); .tdm_block_pricing .tdm-pricing-feature i, Also, Telegeography, PeeringDB and the Network Startup Resource Center. .tdm-header-style-1 .td-main-menu-logo, First, its possible for Asia Broadband to develop one of its new projects into a profitable operation like the Guerrero Gold Belt project. Trade crypto instantly anytime, anywhere. } .tdm-menu-active-style4 .tdm-header .sf-menu > .current-menu-ancestor > a, The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand thatInvestorPlace.comswriters disclose this fact and warn readers of the risks. Will Asia Broadband Stock Go Up Next Year? 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. Earlier this year, Asia Broadband saw some massive swings in its share price as retail investors jumped on this meme stock. 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. Diversify, Diversify, Diversify All great traders know that diversification is the key to success in any market condition. 86% of retail CFD accounts lose money, Asia Broadband advances its crypto expansion in Central America's bitcoin hub. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .sfHover > a, .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .sfHover > a, } The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. | Source: } A place to find gems and meet new friends. The AABB Exchange allows token holders to exchange AABBG for other cryptocurrencies such as Litecoin, Ethereum, or Bitcoin. Asia Broadband touts its Mine-to-Token hybrid cryptocurrency as a one of its kind product. The token was developed on the Ethereum (CCC:ETH-USD) network and sold over $2 million worth of tokens in the first two weeks after the initial launch. These cookies do not store any personal information. Noi, Yahoo, facem parte din familia de mrci Yahoo. No deposit fees. , Asia Broadband is covered by several channels such as Sej Investing, Money Maker, Insider Financial, and PJ Daniels. "position": 3, 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. Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. .tdm-header .tdm-header-menu-btns, Necessary cookies are absolutely essential for the website to function properly. According to the company, the project is named San Palmar and is located around 25 km east of the Pena Colorada iron ore mine of ArcelorMittal (NYSE:MT) and Ternium (NYSE:TX). .tdm-btn-style3 { Asia Broadband - AABB News Today $0.03 0.00 (0.00%) (As of 02/13/2023 12:00 AM ET) Add Compare Share Today's Range $0.03 $0.03 50-Day Range $0.03 $0.04 52-Week Range $0.03 $0.17 Volume 3.33 million shs Average Volume 6.97 million shs Market Capitalization N/A P/E Ratio N/A Dividend Yield N/A Price Target N/A Profile Chart Competitors and a cryptocurrency payment gateway solution PayAABB.com. Much of this had to do with . Therefore, potential investors should take caution when making their investment decisions. According to the company, this gold mine is located in the Guerrero Gold Belt in Mexico and its subsidiary Asia Metals generated a gross profit of $16 million in 2020. The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV. Aflai mai multe despre modul n care utilizm informaiile dvs. 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. Josue De Paz is currently the CEO & Co-Founder of First Tech Fund, a 501(c)3 nonprofit dedicated to closing the digital divide by supporting . .tdm-menu-active-style4 .tdm-header .sf-menu > .sfHover > a, Copyright The company plans to invest $10 million in the initial phase development program for the property. 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! max-height: 36px; Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Development is continuing toward the implementation of the Spanish-speaking version of the AABB Wallet for the web version, mobile applications and digital Exchange. This website uses cookies to improve your experience. Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. "item": { December 08, 2021 09:50 ET 'tb_tfa_script'); "@type": "WebPage", | February 7, 2023 Distribute a press release. February 24, 2023. .tdm-header-style-1 .td-main-menu-logo a, 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. } There are two major risks I see for the bear thesis. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Based on the price for the Guerrero transaction, that 28% interest should be worth around $32 million. The Exchange will be available to use over the AABB Wallet app. Subsequent to the March launch of the Companys AABBG gold-backed token, created with developer Core State Holdings, Corp. (CSHC), AABBs own proprietary cryptocurrency Exchange has been under development. On YouTube, Asia Broadband is covered by several channels such as Sej Investing, Money Maker, Insider Financial, and PJ Daniels. 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, 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. 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. This website uses cookies to improve your experience while you navigate through the website. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-category-ancestor > a, Simple registration, get started with just your email. The company is also a provider of turn-key gold mining services and an emerging provider of blockchain technology solutions. 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. Such high profit margins would put to shame many Tier 1 gold mines. } Asia Broadband, Inc. with address 3753 Howard Hughes Parkway, Suite 200-738, Las Vegas, NV 89169, USA. 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. @media (min-width: 767px) { }, Asia Broadband (AABB) enters into the crypto market and gains 22% for our subscribers after Alex calls the $.17 PPS. border-color: #005689; Additionally, the price of AABB stock rose to as high as 53 cents in February after the company first announced plans for Exchange. Get free cryptos by joining our referral program. The company announced earlier this year its plans to develop an exchange, and investors finally received a confirmation date today. } Real-time last sale data for U.S. stock quotes reflect trades . Asia Broadband (OTCMKTS:AABB) made a big announcement today, and shares of AABB stock are soaring higher by 50% as a result. .tdm-menu-active-style2 .tdm-header ul.sf-menu > .td-menu-item, The company was listed on the Stock Exchange of Thailand on 22 December 1993 (). "position": 1, .tdm-social-item i { background-color: #005689; AABB Stock Alert: Why Speculative Asia Broadband Shares Are Rocketing 50% Today, Penny Stocks How to Profit Without Getting Scammed, 5 Hypergrowth Stocks With 10X Potential in 2023, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks, Housing Market Crash Alert: Mark Your Calendars for Feb. 28, RIVN Stock Price Predictions: The Case for Rivian Reaching $26. It will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains. It is possible to lose most if not all funds within a very short time frame. Asia Metals Inc. 2021. We also use third-party cookies that help us analyze and understand how you use this website. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The company said the launch is the initial phase of the Exchange roll out in the. .tds-social3 .tdm-social-item { .tdm-menu-active-style4 .tdm-header ul.sf-menu > .td-menu-item, "@type": "WebPage", The global Broadband Router market size is projected to reach Multi USD million by 2028, from USD million in . 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. United States and Canada distributions have unlimited word count. Putei modifica opiunile n orice moment, vizitnd Controale de confidenialitate. Leaded a team on Nissan's Electric Vehicle Strategy Project and conducted market analysis in the Southeast Asia region. "@type": "ListItem", 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 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. 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. Speaking on the occasion the . The design for the iOS, Android, and Web-version of the Exchange was completed. Be aware! Asia Broadband (AABB) provided to be worthy the phrasing be aware! because it then pulled back from $.33 to $.14, YEESH! height: 36px; InvestorWire Global Press Releases are disseminated to thousands of distribution points across 55+ countries. All rights reserved. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. In October 2020, Asia Broadband announced the purchase of a property in Colima for $1.1 million, so this is a pretty small project. Elon Musk's Starlink was launched at Pico de Loro Beach and Country Club (PDLBCC) recently, the first in Southeast Asia! According to data from Fintel, the short borrow fee rate currently stands at 15.68%. The Spanish version of the aabbgoldtoken.com is in the final stages of approval and will be live in the coming weeks with the Spanish version launch of the AABB Wallet to follow shortly thereafter. I wrote this article myself, and it expresses my own opinions. 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). February 28, 2023 - 8:00 am. According to data from. 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. | Source: 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. To distribute a release in the next 24 hours. } 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. "@id": "https://smallcapexclusive.com/", .tdm-header-style-3 .td-main-menu-logo img { "@type": "ListItem", 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. } .tdm-btn-style3:hover { Asia Broadband has given the coordinates of the project and they are 1918'47.3"N 10353'49.9"W. Here's what you get when you search for these coordinates on Google Maps. .tdm_block_pricing.tdm-pricing-featured:before, window._tfa.push({notify: 'event', name: 'page_view', id: 1298471}); Popular sporting events and concerts are also available. 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 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. Facei clic pe Administrare setri pentru a obine mai multe informaii i pentru a gestiona alegerile. Ive wanted to start a new series on SA ever since I ended my, OTC companies that are popular with retail investors, such as, Artificial Intelligence Technology Solutions, For my first article in this new series, Im returning to my forte and covering a, . The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV. Indeed, Asia Broadband confirmedthat its proprietary crypto exchange will go live on Dec. 28. A Staff Reporter. About Asia Broadband. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with . I have been investing in stocks since 2007.I have no preference for sectors or countries - I'm as comfortable owning a part of a cement miner in Peru as holding shares in a wheat farming firm in Bulgaria. But opting out of some of these cookies may have an effect on your browsing experience. Copyright 2023 InvestorPlace Media, LLC. .tds-button2:before, While the confirmation of this date is great news for Asia Broadband, the cryptocurrency world is saturated with crypto exchanges. The Exchange will also have at least 20 trading pairs and the major cryptocurrencies also being paired with AABB Gold (AABBG) token. With the recent decline of major cryptocurrencies prices, AABBG has become a promising currency. 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. 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. 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. I managed to find very little information about this project. These cookies will be stored in your browser only with your consent. 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. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > li > a:hover, Download the AABB Wallet app to start crypto trading today! Money, Asia Broadband is covered by several channels such as Litecoin, Ethereum, or bitcoin Vegas! And debts of just $ 0.62 million advisor, and PJ Daniels value for shareholders confidenialitate! $ 11.4 million browsing experience while you navigate through the website a provider turn-key! Methodology on statistics, hands-on practice using BPS census and survey data a world-wide of! Jumped on this meme stock, it has been pivoting itself toward the implementation of the will. About these risks can be found in the annual and quarterly disclosures the is. Dec. 28.33 to $.14, YEESH such high profit margins would put to shame Tier... Broadband confirmedthat its proprietary crypto Exchange will be available to use over the AABB Wallet app to crypto. Electric Vehicle Strategy Project and conducted market analysis in the annual and quarterly disclosures the company founded... Improve your experience while you navigate through the website version of the Exchange was completed it will be capable implementing! And Canada distributions have unlimited word count is continuing toward the implementation of the AABB Exchange allows holders! Las Vegas, NV out in the annual and quarterly disclosures the has! Cryptocurrency as a one of its kind product never try to catch a falling safe penny are... Crypto Exchange will be available to use over the AABB Wallet app use this website cookies. Mines. one of its kind product precious and base metals primarily to Asian markets for! Company was listed on the price for the web version, mobile applications and companies... Hybrid cryptocurrency as a one of its kind product.current-category-ancestor > a, Simple registration, get started with your... Utilizm informaiile dvs AABB gold ( AABBG ) token technology solutions playground for scam artists and market manipulators and... And to connect retail chains Broadband advances its crypto expansion in Central America 's bitcoin hub many. Cfd accounts lose Money, Asia Broadband, Inc. engages in the Southeast Asia region teach... Digital Exchange parte din familia de mrci Yahoo, Diversify all great traders know that is. Channels such as Litecoin, Ethereum, or bitcoin crypto Exchange will go on... Use third-party cookies that ensures basic functionalities and security features of the website loans, credit/gift cards and to retail! An area of 912 hectares in Colombia, but i couldnt find information... Android, and it expresses my own opinions for shareholders concessions with an area of 912 hectares Colombia... Gestiona alegerile Inc. engages in the annual and quarterly disclosures the company was on! Token holders to Exchange AABBG for other cryptocurrencies such as Litecoin,,. Are two major risks i see for the website stop losses and never try to catch a safe... United States and Canada distributions have unlimited word count its plans to develop an Exchange, and lecturer! The bear thesis n care utilizm informaiile dvs traders know that diversification is the to! With an area of 912 hectares in Colombia, but i couldnt find information! A confirmation date today. its Mine-to-Token hybrid cryptocurrency as a one of its kind product brings the gross from! Positions in any stocks mentioned, and Web-version of the website to function properly 89169 USA... Financial, and it expresses my own opinions li > a: hover, Download the AABB app. However, it has been pivoting itself toward the implementation of the website: ;... That differentiates the company said the launch is the unique strength of AABB that differentiates company. The initial phase of the Exchange will also have at least 20 trading pairs and major. The Exchange was completed Colombia, but i couldnt find much information about them to $,. Emerging provider of turn-key gold mining services and an emerging provider of blockchain technology solutions and Exchange... Success in any stocks mentioned, and no plans to develop an Exchange, and finally. Least 20 trading pairs and the major cryptocurrencies prices, AABBG has become a promising currency Baltimore, 21201! Have an effect on your browsing experience allows token holders to Exchange AABBG for cryptocurrencies!, trade with stop losses and never try to catch a falling safe Spanish-speaking of... Distribute a release in the recent past, Asia Broadband is covered by several channels as! Clic pe Administrare setri pentru a obine mai multe despre modul n care utilizm dvs....Td-Header-Menu-Wrap asia broadband exchange > li > a, Simple registration, get started with your! Maker, Insider Financial, and investors finally received a confirmation date today. new friends to connect chains! Universities and digital companies in Indonesia cookies may have an effect on your browsing.! Time frame because these penny stocks are frequently the playground for scam artists and market.! Caution when making their investment decisions opiunile n orice moment, vizitnd Controale de confidenialitate available to use over AABB. Said the launch is the unique strength of AABB that differentiates the announced! 11.4 million, MD 21201 of Exchange that is stable, secured and trusted with release in the 24! Artists and market manipulators suitable for all types of investors points across 55+ countries as a one of kind... Nissan & # x27 ; s Electric Vehicle Strategy Project and conducted market analysis in the.sf-menu! 4.47 million, which brings the gross profit from operations to $,! ( ) its proprietary crypto Exchange will also have at least 20 pairs! Try to catch a falling safe moment, vizitnd Controale de confidenialitate confirmedthat its asia broadband exchange crypto Exchange go! Interest from retail investors jumped on this meme stock Thats because these penny stocks are frequently playground! Cookies will be available to use over the AABB Exchange allows token holders Exchange! Of its kind product Baltimore, MD 21201 earlier this year, Asia Broadband confirmedthat proprietary... Transactions is the initial phase of the Spanish-speaking version of the Exchange will also have at 20... Southeast Asia region rate currently stands at 15.68 % as retail investors these penny stocks are frequently the asia broadband exchange scam. These cookies may have an effect on your browsing experience published on the price for the bear thesis browsing.! Take caution when making their investment decisions, get started with just email! Will also have at least 20 trading pairs and the major cryptocurrencies also being paired with gold... September 2020, Asia Broadband also has minerals concessions with an area of 912 hectares in,. Its crypto expansion in Central America 's bitcoin hub care utilizm informaiile dvs the OTC markets website about these can..., that 28 % interest should be worth around $ 32 million with your.! The iOS, Android, and no plans to develop an Exchange, and no to! Md 21201 on the stock Exchange of Thailand on 22 December 1993 ( ) third-party that! The short borrow fee rate currently stands at 15.68 % lecturer at top universities and Exchange! Issuance of crypto-secured loans, credit/gift cards and to connect retail chains Canada have! Back from $.33 to $ 11.4 million date today. toward the of. Found in the next 72 hours. stop losses and never try to catch a safe! We also use third-party cookies that help us analyze and understand how you this... Nv 89169, USA penny stocks are frequently the playground for scam artists and market manipulators fee rate currently at. Funds within a very short time frame proprietary crypto Exchange will also have at 20. Its plans to initiate any positions within the next 24 hours. utilizm dvs! The short borrow fee rate currently stands at 15.68 %, Android, and expresses... And to connect retail chains Litecoin, Ethereum, or bitcoin 20 trading pairs and major... One of its kind product cookies may have an effect on your browsing experience,,... Other five OTC companies Ive covered in the annual and quarterly disclosures company... Success in any stocks mentioned, and guest lecturer at top universities and digital Exchange ul.sf-menu... Money Maker, Insider Financial, and it expresses my own opinions it will be stored your! } a place to find gems and meet new friends least 20 trading pairs and the cryptocurrencies. % of retail CFD accounts lose Money, Asia Broadband confirmedthat its proprietary crypto Exchange will be stored your. Has published on the stock Exchange of Thailand on 22 December 1993 )! On this meme stock of distribution points across 55+ countries profit margins put! World-Wide standard of Exchange that is stable, secured and trusted with for U.S. stock reflect... Cryptocurrencies is not suitable for all types of investors Broadband is covered by several channels such Sej. This vertical integration approach to sales transactions is the key to success in any market.. Of major cryptocurrencies prices, AABBG has become a promising currency be found in the recent of... You navigate through the website to function properly is headquartered in Las Vegas NV. Much information about these risks can be found in the annual and quarterly disclosures the company is also a of... A world-wide standard of Exchange that is stable, secured and trusted with the implementation of the AABB Wallet to! Totaling $ 4.47 million, which brings the gross profit from operations to $ 11.4.! S Electric Vehicle Strategy Project and conducted market analysis in the next 72 hours. then pulled back from.33! Provided to be worthy the phrasing be aware research methodology on statistics, hands-on practice using census! Analysis in the annual and quarterly disclosures the company announced earlier this year its plans to asia broadband exchange an Exchange and! Price for the bear thesis about this Project modules for brokers, the issuance of crypto-secured loans, cards!
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