Aug 2013 - Mar 20173 years 8 months. .tdm-header-style-2 .td-main-menu-logo img, 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. My primary task is as an Assistant Professor on BPS' official campus (Politeknik Statistika STIS). As of September 2020, Asia Broadband had $8.76 million in cash and debts of just $0.62 million. "@type": "ListItem", } .tds-button6:before, } However, it has been pivoting itself toward the crypto industry as it makes new developments. 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. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-category-ancestor > a, The stock has since sunk 62% to 20 cents, even after todays 50% gain. A place to find gems and meet new friends. In 2001, TelecomAsia set up mobile phone subsidiary TA Orange with Orange SA.Orange sold off its stake in 2003 but the Orange brand was used until 2006. 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. .tdm-header-style-1 .td-main-menu-logo img, 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. Read more Launched March 2021 AABB Gold Token (AABBG) Gold at Your Fingertips Complete Privacy. View the latest Asia Broadband Inc. (AABB) stock price, news, historical charts, analyst ratings and financial information from WSJ. December 08, 2021 09:50 ET if (yr!=2020) document.write("2017-"+yr); In my opinion, Asia Broadband is a sell. 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. It is mandatory to procure user consent prior to running these cookies on your website. .tdm-header-style-3 .td-main-menu-logo a { 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. Elon Musk's Starlink was launched at Pico de Loro Beach and Country Club (PDLBCC) recently, the first in Southeast Asia! For access to the Desktop version of the AABB Exchange please go to: The following trading pairs are available for the holiday period: SHIB/AABBG and AABBG/USDT (ERC20). Following the sale of the Guerrero Gold Belt project, Asia Broadband has a development-stage gold project in the Mexican state of Colima. .tdm-menu-active-style4 .tdm-header .sf-menu > li > a:hover, Perform your own due diligence and consult a financial professional before trading. 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. Guerrero Gold Belt project, it doesnt have producing assets and its cash reserves plus bullion should be around the $100 million mark. The web version of the AABB Wallet will add functionality for current users and create the path for the launch of Exchange web version in the coming months. More than 15 years experience working in 4 different countries at tech and telco industry. Also, there is no available mineral reserve or technical report and Asia Broadband hasnt provided production figures. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. I have no business relationship with any company whose stock is mentioned in this article. Samut Prakan, Thailand. Read More AABB Stock News Headlines 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. 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. "item": { 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. ET Distribute a press release. The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. .tds-progress-bar2 .tdm-progress-bar:after, revenues of $10.7 million and a gross profit from mining operations of $6.93 million for the first nine months of 2020. . The gold that AABBG is backed against is mined exclusively by Asia Broadband. } Be aware! Asia Broadband (AABB) provided to be worthy the phrasing be aware! because it then pulled back from $.33 to $.14, YEESH! 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? "@type": "ListItem", Some of the development highlights were as follows. The latter is valued at $464.9 million as of time of writing. Take a look HERE. 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. AABB's primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary. Get free cryptos by joining our referral program. Led product strategy, marketing, business development, and . AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. Looking at the latest financials, we can see that the company generated mining revenues of $10.7 million and a gross profit from mining operations of $6.93 million for the first nine months of 2020. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. that I checked. The Exchange will . The first month of the Exchange development centered around preparing thenetwork, platform, design and algorithms. .tds-button6 .tdm-btn-text, Every few minutes, theres a new tweet with the $AABB hashtag as well as a new post on Stocktwits. 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. These are unique and outstanding qualities relative to other cryptocurrencies. 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. 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. The MarketWatch News Department was not involved in the creation of this content. I teach statistical modeling and research methodology on statistics, hands-on practice using BPS census and survey data. Asia Broadbands crypto exchange will provide an array of new features for interested users. Have full control by using our comprehensive crypto-trading tools. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. 2023 InvestorPlace Media, LLC. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. The Exchange will also have at least 20 trading pairs and the major cryptocurrencies also being paired with AABB Gold (AABBG) token. Asia Broadband is a gold mining company that is launching its own cryptocurrency and theres little information regarding its operations. 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. Asia Broadband Inc. ( AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. "item": { Much of this had to do with . 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. Sign up below to get this incredible offer! .tdm-header-style-2 .td-main-menu-logo, Please. 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-menu-active-style4 .tdm-header .sf-menu > .current-category-ancestor > a, Asia Broadband ( OTCPK:AABB -11.5%) launched its proprietary cryptocurrency exchange within the AABB Wallet. 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. So, whats the big news that sent this stock soaring? color: #005689; 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. .tds-button6 i, Also, a selection feature to access the web version of the AABB Wallet will soon be added to token website aabbgoldtoken.com. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. } .tdm-btn-style3 { 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. 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. .tdm-header-style-3.td-header-wrap .td-header-top-menu-full, 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. According to data from Fintel, the short borrow fee rate currently stands at 15.68%. window._tfa = window._tfa || []; Asia Broadband to launch crypto payment solution on September 7. Asia Broadband Inc. However, some retail investors have been expressing concerns about the companys business, with examples here and here. 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. The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. .tdm-header-style-2.td-header-wrap .td-header-top-menu-full, The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. December 28, 2021 10:17 ET high-growth markets including India and China, The new coin is named AABB Gold (AABBG) and is expected to be. } 25 km east of the Pena Colorada iron ore mine, Asia Broadband has given the coordinates of the project and they are, . The Research Report on Broadband Continuous Light Sources Market provides a comprehensive analysis of the industry, covering manufacturers, types, applications, and regions. Through its subsidiary, Asia Metals Inc., Asia Broadband focuses on the acquisition of highly prospective gold projects in well-established mining camps around Mexico. Submit your release to get started. However, some, retail investors have been expressing concerns about the companys business, with examples, The trading volume and share price started soaring around, What I find interesting here is that Asia Bro, just 61 shareholders as of September, yet there were tens of thousands of posts about the company. 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). The company announced earlier this year its plans to develop an exchange, and investors finally received a confirmation date today. "position": 3, "name": "Home" .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-menu-ancestor > a, The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. 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. NISSAN MOTOR ASIA PACIFIC - Research and Development (R&D) Center. Understand that there is a chance that you could lose your capital. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with . 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. 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. Asia Broadband is a resource company focused on the production, supply, and sale of precious metals to Asian countries. n Politica noastr de confidenialitate i n Politica privind modulele cookie. Some of my best research is in statistical modeling: econometrics, time series . 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. LAS VEGAS, July 15, 2021 (GLOBE NEWSWIRE) via InvestorWire Asia Broadband Inc. 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