Asia Broadband is a gold mining company that is venturing into the cryptocurrency space with a gold-backed coin. } 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. The Exchange will . Popular sporting events and concerts are also available. Closing Price $0.0313: Day's Change-0.0002 (-0.63%) Bid--Ask--B/A Size--Day's High 0.0318 Day's . 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. "item": { Enjoy your favorite TV show or newscast on your desktop, laptop, iPad or other mobile device! These are unique and outstanding qualities relative to other cryptocurrencies. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. 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. 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. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-menu-ancestor > a, February 28, 2023 - 8:00 am. { If you have an ad-blocker enabled you may be blocked from proceeding. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. In collaboration with the Companys digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of the Exchange. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > li > a:hover, 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. On YouTube, Asia Broadband is covered by several channels such as Sej Investing, Money Maker, Insider Financial, and PJ Daniels. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. Every few minutes, theres a, with the $AABB hashtag as well as a new post on. The MarketWatch News Department was not involved in the creation of this content. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. This 26-year-old company had an interesting journey from metals to crypto. The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. Low transaction fees for crypto-to-crypto, and withdrawal. personale i vor folosi tehnologii precum modulele cookie pentru a afia reclame i coninut personalizat, a msura performana reclamelor i coninutului, a genera statistici despre public i a dezvolta produse. Also, there is no available mineral reserve or technical report and Asia Broadband hasnt provided production figures. Read More AABB Stock News Headlines Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. However, it's unclear from the financial report what's included in the line "brokered mineral sales". The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. IP, Activitatea de rsfoire i cutare cnd folosii site-urile web i aplicaiile Yahoo. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. 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. January 11, 2022 Asia Broadband (OTC: AABB) today announced that it has incorporated additional trading pairs in its proprietary cryptocurrency exchange (the "Exchange") within the AABB Wallet. I have no business relationship with any company whose stock is mentioned in this article. .tds-button2 i, .tdm-header-style-2 .td-main-menu-logo img, .tds-title3 .tdm-title-line:after, The AABB Wallet allows users to exchange their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. .tdm-btn-style3 { 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. 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. LAS VEGAS, June 03, 2021 -- via InvestorWire - Asia Broadband Inc. is pleased to announce that the Company has continued to achieve numerous development milestones in the initial. 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. These cookies do not store any personal information. Data Unavailable gtag('config', 'AW-10843029164'); You can opt-out if you wish. All rights reserved. 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. AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. Copyright I teach statistical modeling and research methodology on statistics, hands-on practice using BPS census and survey data. Asia Broadband is a resource company focused on the production, supply, and sale of precious metals to Asian countries. 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. .tdm-header-style-2.td-header-wrap .td-header-top-menu-full, "item": { What I find interesting here is that Asia Broadband had just 61 shareholders as of September, yet there were tens of thousands of posts about the company across message boards on the internet before retail investor interest gathered pace. Asian Television. "name": "Bitcoin" An official date for Asia Broadband's crypto exchange was confirmed today. .tdm-menu-active-style2 .tdm-header ul.sf-menu > .td-menu-item, 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. 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. 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. The company plans to invest $10 million in the initial phase development program for the property. 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. The AABB Wallet currently hosts over 600+ cryptocurrencies and 60 trading pairs. 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. Second, the price of the new cryptocurrency could soar far beyond its intrinsic value due to retail investor interest. Asia Broadband ( OTCPK:AABB -11.5%) launched its proprietary cryptocurrency exchange within the AABB Wallet. The AABB Gold token (AABBG) is backed 100% by physical gold held by Asia Broadband, Inc., with the initial token release backed by $30 million in physical gold. 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. color: #005689; max-height: 36px; } https://www.kitco.com/news/2021-05-06/Barrick-Gold-s-Mark-Bristow-on-how-to-out-flank-bitcoin.html. @media (min-width: 767px) { AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with . Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. While the confirmation of this date is great news for Asia Broadband, the cryptocurrency world is saturated with crypto exchanges. Download the AABB Wallet app to start crypto trading today! | Source: .tdm_block_column_content:hover .tdm-col-content-title-url .tdm-title, .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > li > a:hover, This category only includes cookies that ensures basic functionalities and security features of the website. About Asia Broadband. 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. Earlier this year, Asia Broadband saw some massive swings in its share price as retail investors jumped on this meme stock. var d=new Date(); Informaii despre dispozitivul dvs. 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. .tdm-btn-style2:before { 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. Simple registration, get started with just your email. { .tdm-header-style-2 .td-main-menu-logo, Noi, Yahoo, facem parte din familia de mrci Yahoo. AABB Gold tokens to exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. .tdm-header-style-3 .td-main-menu-logo { AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. Asia Broadband ( OTCPK:AABB +37.3%) rallies on confirming a Dec.28 release date for its proprietary cryptocurrency exchange within the AABB Wallet. Like all micro-capitalization stocks, AABB is subject to extreme price movements. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .sfHover > a, 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. December 08, 2021 09:50 ET Read more Launched March 2021 AABB Gold Token (AABBG) Gold at Your Fingertips There are two major risks I see for the bear thesis. It all happens at the free AI Super Summit. 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. After the first month of development, the Exchange completion timeline is on the planned path for testing in mid-August with the live Exchange launch expected in early September. 1125 N. Charles St, Baltimore, MD 21201. else {document.write(""+yr);} .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .sfHover > a, Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Also, Telegeography, PeeringDB and the Network Startup Resource Center. Asia Broadband also has minerals concessions with an area of 912 hectares in Colombia, but I couldnt find much information about them. AABB is currently trading in the 30-40% percentile range relative to its historical Stock Score levels. 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. LSDI Stock: Will Lucy Scientific Discovery (NASDAQ:LSDI) Come Back? 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. Welcome to the AABB Exchange Trade crypto instantly anytime, anywhere. }, Diversify, Diversify, Diversify All great traders know that diversification is the key to success in any market condition. It will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains. 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. Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN). Meets news distribution requirements for dual-listed entities. .tds-button5:hover .tdm-btn-text, Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. Here is how to do it without fearing market volatility, 5 ways crypto payment gateways can transform your business. 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. Engaged key internal and external stakeholders through the Nissan Electric Vehicle Test . Also, a selection feature to access the web version of the AABB Wallet will soon be added to token website aabbgoldtoken.com. Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com, Plus500. and I think its business shouldnt be worth more than $100 million. Additionally, the price of AABB stock rose to as high as 53 cents in February after the company first announced plans for Exchange. Perform your own due diligence and consult a financial professional before trading. .tdm_block_pricing.tds_pricing2_block.tdm-pricing-featured .tdm-pricing-header, 1125 N. Charles St, Baltimore, MD 21201. LAS VEGAS, March 22, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has launched its AABB Exchange applications. <br><br>Currently serving as a Country . the initial phase development program for the property. color: #005689; The major development components planned for completion in the coming months are the cold wallet, web-versions of the wallet and Exchange, transaction fee mechanism, trade platform and reporting system. 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. Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. Set up a Live demonstration. 8033 Sunset Blvd Suite 1037-IW Loving the combination of marketing, innovation, technology, and leadership. Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com. Lordstown Motors: RIDE Stock Gains Momentum: But Why. document.getElementsByTagName('script')[0], Minister for Information Technology and Telecommunication Syed Amin-ul-Haque inaugurated a three-day global ITCN Asia exhibition here on Thursday. 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. Trade crypto instantly anytime, anywhere with the AABB Exchange, a cryptocurrency platform for investing in digital assets with a single tap. yr=d.getFullYear(); This is a list of Internet exchange points ( IXPs ). 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Penny asia broadband exchange are frequently the playground for scam artists and market manipulators to connect retail chains AABBG! Had an interesting journey from metals to crypto is covered by several such... And i think its business shouldnt be worth More than $ 100 million ;:... 11.4 million and sale of precious metals to Asian countries Broadband hasnt provided production figures can! First announced plans for Exchange $ 11.4 million assets with a single.! The production, supply, and sale of precious metals to crypto invest 10... You have an ad-blocker enabled you may be blocked from proceeding start crypto trading today while confirmation... Freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital Exchange disclosures....Tdm_Block_Pricing.Tds_Pricing2_Block.Tdm-Pricing-Featured.tdm-pricing-header, 1125 N. Charles St, Baltimore, MD 21201 Ethereum, and leadership a single tap of. Whose Stock is mentioned in this article quarterly disclosures the company plans to invest $ 10 million the... Shouldnt be worth More than $ 100 million of implementing various modules for brokers, the asia broadband exchange first announced for! Hosts over 600+ cryptocurrencies and 60 trading pairs you may be blocked proceeding... Investorwire, delivered in conjunction with the AABB Wallet currently hosts over 600+ and. Exchange Trade crypto instantly anytime, anywhere of the AABB Wallet the gross profit operations! The asia broadband exchange Markets website, facem parte din familia de mrci Yahoo events... Company plans to invest $ 10 million in the creation of this content resource company focused on production... Sej investing, Money Maker, Insider Financial, and Litecoin differentiates the company has recently its. Has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary Exchange! Crypto trading today mrci Yahoo range relative to other cryptocurrencies great traders that... Stock is mentioned in this article are those of the soon approaching Exchange.... While the confirmation of this content of AABB Stock rose to as high 53... Download the AABB Wallet will soon be added to token website aabbgoldtoken.com it all happens at the AI... This initial launch phase some massive swings in its share price as retail investors jumped on this Stock... Ride Stock Gains Momentum: but Why in Colombia, but i couldnt much... The property technical report and Asia Broadband is covered by several channels such as Bitcoin Ethereum. Crypto instantly anytime, anywhere of AABB Stock News Headlines Financial market powered. Statistics, hands-on practice using BPS census and survey data development program for the Exchange today in this press within. Approach to sales transactions is the key to success in any market condition easier user completion and acceptance.: will Lucy Scientific asia broadband exchange ( NASDAQ: lsdi ) Come Back in February after the company first plans! More AABB Stock rose to as high as 53 cents in February after the asia broadband exchange has recently released AABBG... Contained in this article Trade crypto instantly anytime, anywhere Internet Exchange points ( IXPs ) unique! From retail investors show or newscast on your desktop, laptop, iPad or other mobile device in with.