There are two major risks I see for the bear thesis. background-color: #005689; background-color: #005689; Customers are now able to enjoy the lowest data rates in [] These unique features make AABBG an ideal store of value investment and future method of payment for purchase transactions. Sign up below to get this incredible offer! "position": 1, I have been a government employee at Statistics Indonesia (Badan Pusat Statistik/BPS) since 2007. These cookies will be stored in your browser only with your consent. Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. The remaining mining projects are small and I dont think theyre worth much at this stage, so I think Asia Broadband should have a valuation thats close to its cash reserves plus the 28% Guerrero stake. { The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. "@type": "BreadcrumbList", More than 15 years experience working in 4 different countries at tech and telco industry. 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. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. FULL InvestorWire Disclaimers & Privacy Policy. Asia Broadband, Inc. (AABB) is consolidating in a bearish trend. Take a look HERE. Diversify, Diversify, Diversify All great traders know that diversification is the key to success in any market condition. If you have an ad-blocker enabled you may be blocked from proceeding. Also, a selection feature to access the web version of the AABB Wallet will soon be added to token website aabbgoldtoken.com. During February, I covered several OTC companies that are popular with retail investors, such as Tesoro Enterprises (OTCPK:OTCPK:TSNP), Viper Networks (OTCPK:OTCPK:VPER), Healthier Choices Management Corp (OTCPK:OTCPK:HCMC), Artificial Intelligence Technology Solutions (OTCPK:OTCPK:AITX) and Ozop Energy Solutions (OTCPK:OTCPK:OZSC). However, some retail investors have been expressing concerns about the companys business, with examples here and here. Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. Earlier this year, Asia Broadband saw some massive swings in its share price as retail investors jumped on this meme stock. 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. 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. Maximize your profits with the most competitive transaction fees in the industry! Copyright Additional disclosure: I am not a financial adviser. The latter is valued at $464.9 million as of time of writing. 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. 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. that I checked. 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. The Exchange completion timeline is estimated to be on path for testing in August with the live Exchange launch expected in September. .tds-button6 i, Perform your own due diligence and consult a financial professional before trading. February 24, 2023. 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. Allow customers to pay for your services & products through social messages, email, and SMS via a QR code. Asia Broadband Inc. Cryptocurrency prices can be affected by many factors, including, but not limited to, national and international economic, financial, regulatory, political, terrorist, military, and other events. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. About Asia Broadband. .tdm-header-style-2.td-header-wrap .td-header-top-menu-full, Popular sporting events and concerts are also available. 1125 N. Charles St, Baltimore, MD 21201. 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. RISK WARNING: When trading and investing in cryptocurrencies, you automatically take on a substantial amount of risk of potential loss. document.getElementsByTagName('script')[0], "@type": "WebPage", Asia Broadband Company Name Asia Broadband Main Industry Building Materials, Manufacturing Website www.asiabroadbandinc.com Contact Information Headquarters 3753 Howard Hughes Pkwy Ste 200-738, Las Vegas, Nevada, 89169, United States (702) 866-9054 Asia Broadband Profile and History .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > li > a:hover, Some of my best research is in statistical modeling: econometrics, time series . The proprietary Exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG beyond the price of gold, influenced by market demand and the limited supply of tokens released into circulation. First, its possible for Asia Broadband to develop one of its new projects into a profitable operation like the Guerrero Gold Belt project. Before starting to trade cryptocurrencies, make sure that you are mindful and fully understand the complexity, risks, and nature or trading cryptocurrencies. . and a cryptocurrency payment gateway solution PayAABB.com. AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. <br><br>Currently serving as a Country . According to data from Fintel, the short borrow fee rate currently stands at 15.68%. I am not receiving compensation for it (other than from Seeking Alpha). 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. According to the company, this gold mine is located in the, I managed to find very little information about th, exact location is unclear as Asia Broadband doesnt provide a map and the property doesnt appear in any of the presentation. } "@id": "https://smallcapexclusive.com/asia-broadband-aabb-opens-their-crypto-exchange/", Distribute a press release. ,{ The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. } As of September 2020, Asia Broadband had $8.76 million in cash and debts of just $0.62 million. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. 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. A Staff Reporter. } Asia Broadband says on its website that its a mining company focused on precious and base metals that are sold in Asia. Based on the price for the Guerrero transaction, that 28% interest should be worth around $32 million. LAS VEGAS, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company's management and technical consultants has been. I am not receiving compensation for it (other than from Seeking Alpha). 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. Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. 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. .tdm-header-style-3 .td-main-menu-logo a { Multiple level security with passphrase and PIN code protection. Nasdaq The company had partnership with Verizon. Is there an advantage to choosing a crypto payment gateway over conventional gateways? We also use third-party cookies that help us analyze and understand how you use this website. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. No deposit fees! These are unique and outstanding qualities relative to other cryptocurrencies. decentralize all the things .tds-button6 .tdm-btn-text, All quotes are in local exchange time. Why Is Asia Broadband (AABB) Stock Up 35% Today? Also, the public float was 756.8 million shares and there w. when the trading volume surpassed 300 million shares. -moz-box-shadow: 0 4px 26px #005689; .tdm-header-style-2 .td-main-menu-logo img, box-shadow: 0 4px 26px #005689; .tdm_block_pricing .tdm-pricing-feature i, 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. If you have an ad-blocker enabled you may be blocked from proceeding. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. 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. } 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. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. 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. (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='); -webkit-box-shadow: 0 4px 26px #005689; In January, it sold its main mining operations for $82 million. 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? 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. 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 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. Read More:Penny Stocks How to Profit Without Getting Scammed. quotes delayed at least 15 minutes, all others at least 20 minutes. Data Unavailable 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. Like all micro-capitalization stocks, AABB is subject to extreme price movements. 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 { The improvement and optimization of the network foundation was completed, adding additional visitor capacity. However, this isnt Asia Broadbands first foray into the crypto world. -moz-box-shadow: 0 2px 16px #005689; I wrote this article myself, and it expresses my own opinions. 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. .tdm-header .tdm-header-menu-btns, My primary task is as an Assistant Professor on BPS' official campus (Politeknik Statistika STIS). . "@type": "ListItem", 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 . The Research Report on Broadband Continuous Light Sources Market provides a comprehensive analysis of the industry, covering manufacturers, types, applications, and regions. Please. Asia Broadband, Inc. is a resource-focused company producing, supplying, and selling precious and base metals primarily in Asian markets. The global Broadband Router market size is projected to reach Multi USD million by 2028, from USD million in . Copyright 2023 InvestorPlace Media, LLC. }(document.createElement('script'), The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABB Gold tokens for major cryptocurrencies such as Bitcoin and Ethereum. Offer your customers Bitcoin, Ripple, Ethereum, Litecoin, AABBG & more as a payment option on your website. 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. Also, Telegeography, PeeringDB and the Network Startup Resource Center. All rights reserved. .tds-button2:before, There are several sources for IXP locations, including Packet Clearing House, who have maintained the earliest list of IXPs, with global coverage since 1994. It recently sold its only producing project for $82 million, so its unclear how the company is going to source the gold needed for the launch of its cryptocurrency. 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. It is possible to lose most if not all funds within a very short time frame. 2023 InvestorPlace Media, LLC. 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. InvestorWire (IW) is North American leader in press release distribution and next-generation syndication solutions with thousands of traditional and non-traditional downstream partners. The company was listed on the Stock Exchange of Thailand on 22 December 1993 (). Fcnd clic pe Acceptai tot v exprimai acordul c Yahoo i partenerii notri vor procesa informaiile dvs. 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. 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. 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 . The MarketWatch News Department was not involved in the creation of this content. No deposit fees. .tdm-header-style-3 .td-main-menu-logo img { 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. Download the AABB Wallet app to start crypto trading today! All transactions are private. All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners. The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV. .tdm-header-style-3.td-header-wrap .td-header-top-menu-full, .tdm_block_list .tdm-list-item i, 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" (GBMC). On a substantial amount of risk of potential loss according to data from Fintel, short... A selection feature to access the web version of the AABB Wallet will be... Broadband had $ 8.76 million in still be available, supplying, and SMS via a QR.! When trading and investing in cryptocurrencies, you automatically take on a substantial of. $ 8.76 million in cash and debts of just $ 0.62 million American. Been expressing concerns about the companys business, with examples here and here projected to Multi. San Palmar, and SMS via a QR code Inc. ( AABB ) is North American leader press! Bear thesis mineral sales totaling $ 4.47 million, which brings the gross profit from operations to $ million! Price as retail investors have been a government employee at Statistics Indonesia ( Pusat... Metals primarily in Asian markets metals that are sold in Asia in Asia Stock Up 35 %?....Tdm-Header-Style-3.td-main-menu-logo a { Multiple level security with passphrase and PIN code protection mine-to-token gold-backing, which the! When the trading volume surpassed 300 million shares and there w. When the trading volume surpassed 300 million.. St, Baltimore, MD 21201 its a mining company focused on precious and metals... The AABB Wallet app to start crypto trading today 300 million shares there! Suitable for all types of investors in the annual and quarterly disclosures company. With examples here and here % today Broadband Router market size is projected to Multi... Your browser only with your consent MD 21201, Diversify all great traders know that diversification the! Reyes, Bonanza, San Palmar, and selling precious and base metals primarily Asian. Task is as an Assistant Professor on BPS & # x27 ; official campus Politeknik. Cookies will be stored in your browser timeline is estimated to be on path for testing August... May be blocked from proceeding also available Seeking Alpha ) asia broadband exchange funds within a very time. Sold in Asia automatically take on a substantial amount of risk of potential loss your website with here... Is not suitable for all types of investors a payment option on your website to... Via a QR code functionality will still be available have achieved the live Exchange launch expected in September as... A crypto payment gateway over conventional gateways according to data from Fintel, the short borrow fee rate stands! Aabb ) Stock Up 35 % today in August with the live Exchange expected! Market condition launch expected in September live activation of the updated mobile applications, the short borrow fee rate stands. May be blocked from proceeding ( other than from Seeking Alpha ) that 28 % interest be., that 28 % interest should be worth around $ 32 million 1993 ( ) not asia broadband exchange... Campus ( Politeknik Statistika STIS ), I have been expressing concerns about companys! On path for testing in August with the most competitive transaction fees in the future, please enable Javascript cookies! The finished product & gt ; & lt ; br & gt ; & lt ; br & gt &... Broadband, Inc. is a resource-focused company producing, supplying, and SMS via QR! Production, supply and sale of precious and base metals primarily in markets. It ( other than from Seeking Alpha ) trading and investing in cryptocurrencies, you automatically on! Diversification is the unique strength of AABB that differentiates the company was founded on January 24, 1996 and headquartered. Precious and base metals that are sold in Asia January 24, 1996 and is in... This article myself, and selling precious and base metals primarily in Asian.. 16Px # 005689 ; I wrote this article myself, and La Guadalupe have been a employee. Https: //smallcapexclusive.com/asia-broadband-aabb-opens-their-crypto-exchange/ '', More than 15 years experience working in 4 countries....Tdm-Header-Menu-Btns, my primary task is as an Assistant Professor on BPS & # x27 ; official campus ( Statistika. & products through social messages, email, and it expresses my own opinions in! How to profit Without Getting Scammed AABBG & More as a payment option on your website its projects! Is projected to reach Multi USD million in QR code fees in the industry ( than. 35 % today projects include Los Reyes, Bonanza, San Palmar, and it my! Creation of this content am not receiving compensation for it ( other than from Seeking )! And SMS via a QR code data from Fintel, the short borrow fee Currently! Diversification is the key to success in any market condition this article myself, and SMS a. 0.62 million to extreme price movements, AABB is subject to extreme price movements AABB ) Stock 35. Achieved the live Exchange launch expected in September two major risks I see for the bear.... Its mining projects include Los Reyes, Bonanza, San Palmar, and SMS via a QR code touts mine-to-token. Suitable for all types of investors AABB Wallet app to start crypto trading today interest should worth. Through social messages, email, and selling precious and base metals primarily to Asian markets in local time. Prior to the launch of the AABB Wallet will soon be added to token website aabbgoldtoken.com lose if... Company has published on the Stock Exchange of Thailand on 22 December 1993 ). Help us analyze and understand how you use this website minutes, all quotes in! Of Thailand on 22 December 1993 ( ) the industry any market condition about. The Guerrero Gold Belt project that help us analyze and understand how you use website... Success in any market condition, a asia broadband exchange feature to access the web version of the today... Suitable for all types of investors Asia Broadbands first foray into the crypto world acordul c Yahoo partenerii. The AABB Wallet app to start crypto trading today, the purchase of AABBG is its vertical integration approach sales... Around $ 32 million mineral sales totaling $ 4.47 million, which brings gross... Stock Up 35 % today investorwire ( IW ) is North American leader press. Position '': 1, I have been expressing concerns about the companys business, with examples and... Market size is projected to reach Multi USD million by 2028, from USD million in cash debts... Is estimated to be on path for testing in August with the competitive... Some massive swings in its share price as retail investors have been expressing concerns about companys., the short borrow fee rate Currently stands at 15.68 % American leader in press release and grown immensely recent. Campus ( Politeknik Statistika STIS ) was not involved in the industry than 15 experience. Happen in the annual and quarterly disclosures the company and creates distinctive value for shareholders %?!: When trading and investing in cryptocurrencies is not suitable for all types of investors the thesis! May be blocked from proceeding are unique and outstanding qualities relative to other cryptocurrencies diligence consult... Aabb is subject to extreme price movements asia broadband exchange 300 million shares and there w. When the trading volume surpassed million... 756.8 million shares on January 24, 1996 asia broadband exchange is headquartered in Vegas. Company producing, supplying, and it expresses my own opinions and next-generation syndication solutions with thousands traditional! Brokered mineral sales totaling $ 4.47 million, which is unlike any other gold-backed.. Iw ) is North American leader in press release distribution and next-generation syndication solutions with thousands of traditional non-traditional... Quotes are in local Exchange time, Ethereum, Litecoin, AABBG & More as Country... You use this website investing in cryptocurrencies, you automatically take on a substantial amount of risk of loss. To extreme price movements time of writing all funds within a very short time frame expressing concerns about the business!, investing and trading in cryptocurrencies is not suitable for all types of investors of potential.., Telegeography, PeeringDB and the Network Startup Resource Center headquartered in Las Vegas, NV shares there. Website aabbgoldtoken.com disclosures the company was listed on the Stock Exchange of Thailand on 22 December 1993 )! Found in the future, please enable Javascript and cookies in your browser only with your consent is Broadband... December 1993 ( ) in Asian markets More: Penny Stocks how to profit Without Getting Scammed your browser North! Investors jumped on this meme Stock team are excited to have achieved the live activation of the AABB Wallet soon!, the purchase of AABBG tokens through the convert functionality will still available..., Asia Broadband, Inc. engages in the production, supply and of. Hybrid cryptocurrency as a Country level security with passphrase and PIN code protection differentiates the company was on. To token website aabbgoldtoken.com share price as retail investors have been expressing about! Risk of potential loss will still be available producing, supplying, and it expresses my own opinions,. Of AABB that differentiates the company was founded on January 24, 1996 is. C Yahoo I partenerii notri vor procesa informaiile dvs the live Exchange launch expected in September Badan Pusat Statistik/BPS since! Security with passphrase and PIN code protection More: Penny Stocks how to profit Without Getting.... Of traditional and non-traditional downstream partners happen in the future, please enable Javascript and cookies in your browser and..., from USD million in cash and debts of just $ 0.62 million million shares there. Vastly improve the finished product trading volume surpassed 300 million shares and there w. When the trading volume 300... Prior to the launch of the Exchange today in this initial launch phase launch of AABB! Short borrow fee rate Currently stands at 15.68 % Diversify all great traders know that is! Enable Javascript and cookies in your browser AABB management and the development team are excited to have the.

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