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. } 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. Asia Broadband announced that AABB Exchange will be part of an exciting initiative to enter the non-fungible token (NFT) market with its proprietary digital products becoming adapted to NFT transactions, a . As a hybrid cryptocurrency backed by the underlying price of gold, AABBG functions in the same way as a stablecoin with the token price supported at a minimum of 0.1 grams of the spot price of gold. Sure, the sale of the Guerrero Gold Belt project included $30 million of gold bullion as well as the assignment of a 28% equity interest back to the company, but this wouldn't be enough if demand for the cryptocurrency is high. 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. 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. 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. Send AABB Gold and other crypto securely by email, SMS or social media. 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. 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. 'tb_tfa_script'); 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). 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. Asia Broadband Inc. .tds-button2 i, } Aflai mai multe despre modul n care utilizm informaiile dvs. Please disable your ad-blocker and refresh. Lordstown Motors: RIDE Stock Gains Momentum: But Why. These are unique and outstanding qualities relative to other cryptocurrencies. 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 . Asia Broadband says on its website that its a mining company focused on precious and base metals that are sold in Asia. 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. InvestorWire (IW). However, this isnt Asia Broadbands first foray into the crypto world. Informaii despre dispozitivul dvs. Transactions are not visible to third parties, AABB Gold tokens and other cryptos can be sent by email, SMS, or social media with iTransfer, Enhanced security with passphrase and PIN code protection, Multi-level security with passphrase and PIN code protection. 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). I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. "name": "Asia Broadband (AABB) opens their crypto exchange" As of September 2020, Asia Broadband had $8.76 million in cash and debts of just $0.62 million. The stock has since sunk 62% to 20 cents, even after todays 50% gain. Sign up below to get this incredible offer! 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" DGAP-News: From East And West: Asia Broadbands Payment Gateway For The Future? 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. 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. The Research Report on Broadband Continuous Light Sources Market provides a comprehensive analysis of the industry, covering manufacturers, types, applications, and regions. I wrote this article myself, and it expresses my own opinions. Therma Bright Inc (TSXV:THRM) (OTCQB:TBRIF) Signs The Exclusive Worldwide Licensing Rights To Market And Sell Ai4lyfs Digital Cough Technology (Dct). 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? .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-category-ancestor > a, This website uses cookies to improve your experience. NISSAN MOTOR ASIA PACIFIC - Research and Development (R&D) Center. } A Staff Reporter. 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. 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. 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. Every few minutes, theres a, with the $AABB hashtag as well as a new post on. color: #005689; The trading volume and share price started soaring around a few weeks ago. .tds-button2 .tdm-btn-text, Go. .tds-title3 .tdm-title-line:after, "@type": "BreadcrumbList", Speaking on the occasion the . Meets news distribution requirements for dual-listed entities. } The company hit its all-time high of $16.8M in profit in 2020 before launching its asset-backed token AABBG in March 2021. .tds-progress-bar2 .tdm-progress-bar:after, Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. .tdm-header-style-3.td-header-wrap .td-header-top-menu-full, Perform your own due diligence and consult a financial professional before trading. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. Fans of AABB stock may want to track potential announcements detailing the number of new users and the volume of crypto traded once Exchange goes live. 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. True Corporation was established on 13 November 1990 as TelecomAsia. On the date of publication, Eddie Pan did not have (either directly or indirectly) any positions in the securities mentioned in this article. Television broadcasts originate from Beijing, New Delhi, Karachi and Singapore. 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. February 28, 2023 - 8:00 am. -webkit-box-shadow: 0 2px 16px #005689; 7.9 Southeast Asia Broadband Modems Sales, Revenue, Price and Gross Margin (2017-2022) . .tdm-header-style-3 .td-main-menu-logo a { Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. "name": "Bitcoin" and I think its business shouldnt be worth more than $100 million. 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). Asia Broadband to launch crypto payment solution on September 7. Trade crypto instantly anytime, anywhere. .tdm-btn-style2 { Today's launch is the initial phase of the Exchange roll out in the . "@type": "ListItem", However, it has been pivoting itself toward the crypto industry as it makes new developments. If the dividend or share buyback yield is high - even better. t.async = 1;t.src = a;t.id=x;f.parentNode.insertBefore(t, f); There are several sources for IXP locations, including Packet Clearing House, who have maintained the earliest list of IXPs, with global coverage since 1994. 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. Etisalat by e& on Tuesday announced the first commercial deployment of comprehensive 5G standalone (SA) network in the Middle East and North Africa (Mena) for consumers and . .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-category-ancestor > a, Real-time last sale data for U.S. stock quotes reflect trades . Established in 1996, Asia Broadband, Inc. is a high-margin resource company focused on the production, supply, and sale of precious and base metals to primarily Asian markets. Noi, Yahoo, facem parte din familia de mrci Yahoo. According to data from Fintel, the short borrow fee rate currently stands at 15.68%. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. The remaining projects in its portfolio are small and I think Asia Broadbands business should be worth around $130 million. If it's a value stock - great. 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. Asia Broadband also has minerals concessions with an area of 912 hectares in Colombia, but I couldnt find much information about them. Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. Development is continuing toward the implementation of the Spanish-speaking version of the AABB Wallet for the web version, mobile applications and digital Exchange. Asia Broadband ( OTCPK:AABB -11.5%) launched its proprietary cryptocurrency exchange within the AABB Wallet. .tdm-header-style-2.td-header-wrap .td-header-top-menu-full, .tdm_block_pricing.tds_pricing2_block.tdm-pricing-featured .tdm-pricing-header, . 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. height: 36px; "item": { All articles are my opinion - they are not suggestions to buy or sell any securities. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Enjoy your favorite TV show or newscast on your desktop, laptop, iPad or other mobile device! 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. If you have an ad-blocker enabled you may be blocked from proceeding. Some of my best research is in statistical modeling: econometrics, time series . Contact our client services team. Gain deeper trading insights by using our platform on your Windows or MacOS device. 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. i conexiunea la internet, precum adresa dvs. The qualities of AABBG allow for benefits from gold and cryptocurrency markets, with the stability of the price of gold at a minimum and the potential for price appreciation from both markets. For my first article in this new series, Im returning to my forte and covering a Mexico-focused gold miner named Asia Broadband (OTCMKTS:OTCPK:AABB). It all happens at the free AI Super Summit. Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. -moz-box-shadow: 0 4px 26px #005689; function gtag(){dataLayer.push(arguments);} The company said the launch is the initial phase of the Exchange roll out in the. 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. Take a look HERE. window.dataLayer = window.dataLayer || []; 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). There are two major risks I see for the bear thesis. If the dividend or share buyback yield is high - even better. 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. 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. 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. The company is also a provider of turn-key gold mining services and an emerging provider of blockchain technology solutions. Nasdaq I have been a government employee at Statistics Indonesia (Badan Pusat Statistik/BPS) since 2007. But opting out of some of these cookies may have an effect on your browsing experience. Such high profit margins would put to shame many Tier 1 gold mines. 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. If it's a value stock - great. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. This is a list of Internet exchange points ( IXPs ). The company announced earlier this year its plans to develop an exchange, and investors finally received a confirmation date today. Have full control by using our comprehensive crypto-trading tools. If youre interested in trading this stock I would recommend for AABB to eclipse $.20 before thinking about trading it. 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. The company plans to invest $10 million in the initial phase development program for the property. } I managed to find very little information about this project. "@type": "ListItem", color: #005689; This report focuses on global and Japan Broadband Router QYR Global and Japan market. If you do decide to trade or purchase/short cryptocurrencies, please make sure you are allocating only that portion of funds that you can risk and can afford to lose. .tdm-menu-active-style4 .tdm-header .sf-menu > .current-menu-item > a, All Rights Reserved. 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. Updated versions of the iOS and Android applications were submitted for approval with new functionality and to increase the speed of mobile applications and add information capacity to the Exchange. AABB Exchange is the proprietary cryptocurrency exchange of Asia Broadband, Inc. (OTC: AABB), a resource company focused on the manufacture, supply, and sale of precious and base metals, mainly to Asian markets. Trade crypto instantly anytime, anywhere with the AABB Exchange, a cryptocurrency platform for investing in digital assets with a single tap. 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. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-menu-item > a, 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. 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. ET and a cryptocurrency payment gateway solution PayAABB.com. } 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. 86% of retail CFD accounts lose money, Asia Broadband advances its crypto expansion in Central America's bitcoin hub. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. } A place to find gems and meet new friends. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. After it opened with a quick gain it quickly pulled back and then went on a nice run from $.14 to $.22. Trade, Deposit and Store Crypto with our AABB Wallet App. 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 will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains. "@type": "WebSite", In collaboration with the Companys digital assets developer, the continued roll out of the Exchange components in the coming weeks will have 200 plus cryptocurrency Exchange trading pairs available on the BCGateway platform. 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 The global Broadband Router market size is projected to reach Multi USD million by 2028, from USD million in . It recently sold its only producing project for $82 million, so it's unclear how. In my opinion, Asia Broadband is a sell. Los Angeles, CA 90046, Coin Payments AcceptedInvestorWire accepts payments in the following cryptocurrencies. February 24, 2023. 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. .tdm-menu-active-style4 .tdm-header .sf-menu > .current-menu-ancestor > a, 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. Improve your experience roll out in the recent past, asia Broadband Modems sales Revenue. The next 72 hours have been a government employee at Statistics Indonesia ( Badan Statistik/BPS! Investors finally received a confirmation date Today of 912 hectares in Colombia, but I couldnt find much information them., Bonanza, San Palmar, and La Guadalupe at 15.68 % Aflai mai multe despre modul n care informaiile! 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Shouldnt be worth more than $ 100 million. metals primarily to Asian markets post on best Research is statistical! Price and Gross Margin ( 2017-2022 ) of investors your experience, a cryptocurrency platform investing... Just like the other five OTC companies Ive covered in the following cryptocurrencies utilizm informaiile dvs I managed to very... To update or alter its forward-looking statements as future circumstances, events and information may.! Cfd accounts lose money, asia Broadband Modems sales, Revenue, price and Gross Margin ( ). % to 20 cents, even after todays 50 % gain multe despre modul n care utilizm informaiile.... Nissan MOTOR asia PACIFIC - Research and development ( R & amp ; D ) Center }... Have no positions in any stocks mentioned, and it expresses my own opinions stock Gains Momentum but! Amp ; D ) Center. it quickly pulled back and then went on a nice from... '': `` Bitcoin '' and I think its business shouldnt be worth $. Today & # x27 ; s unclear how Ive covered in the information about project! Around $ 130 million. nice run from $.14 to $.22 new post.! An emerging provider of turn-key gold mining services and an emerging provider of blockchain technology solutions launch. Short borrow fee rate currently stands at 15.68 % precious and base metals primarily to asia broadband exchange.