} 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. This 26-year-old company had an interesting journey from metals to crypto. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. An official date for Asia Broadband's crypto exchange was confirmed today. Customers are now able to enjoy the lowest data rates in [] .tdm-header-style-2.td-header-wrap .top-header-menu .sub-menu, 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. 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. color: #005689; .tds-button5:hover i, 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. "@type": "ListItem", It is mandatory to procure user consent prior to running these cookies on your website. 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. The top court also directed the government-run Securities and Exchange Board of India to investigate whether there had been a violation of rules or manipulation of stock prices by the Adani Group. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. .tds-button2 i, I have no business relationship with any company whose stock is mentioned in this article. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. The company was founded on January 24, 1996 and is headquartered in Las Vegas, NV. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. The Research Report on Broadband Continuous Light Sources Market provides a comprehensive analysis of the industry, covering manufacturers, types, applications, and regions. .tdm-menu-active-style4 .tdm-header .sf-menu > li > a:hover, You also have the option to opt-out of these cookies. Please. Asia Broadband Inc (AABB) Message Board | InvestorsHub NEW to INVESTORSHUB Home Boards US OTC Miscellaneous 720 AABB Asia Broadband Inc Follow Posts About Popular New Post Latest Posts. I wrote this article myself, and it expresses my own opinions. Noi, Yahoo, facem parte din familia de mrci Yahoo. 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. If you have an ad-blocker enabled you may be blocked from proceeding. AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. No deposit fees. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-category-ancestor > a, .tdm-menu-active-style4 .tdm-header .sf-menu > .current-category-ancestor > a, Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. The global Broadband Router market size is projected to reach Multi USD million by 2028, from USD million in . These cookies will be stored in your browser only with your consent. 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. Perform your own due diligence and consult a financial professional before trading. Because of this possibility, investing and trading in cryptocurrencies is not suitable for all types of investors. Asia Broadbands crypto exchange will provide an array of new features for interested users. '//cdn.taboola.com/libtrc/unip/1298471/tfa.js', These cookies do not store any personal information. Mar 01, 2023 (Prime PR Wire via Comtex) -- The "Wireless Broadband Internet Market" study examines every facet of . 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. Its mining projects include Los Reyes, Bonanza, San Palmar, and La Guadalupe. Schedule a date and time that works for you. Asia Broadband, Inc. with address 3753 Howard Hughes Parkway, Suite 200-738, Las Vegas, NV 89169, USA. The company is also a provider of turn-key gold mining services and an emerging provider of blockchain technology solutions. .tdm_block_pricing.tds_pricing2_block.tdm-pricing-featured .tdm-pricing-header, Provide your personal identification information. 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. 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). 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. .tdm-header-style-2.td-header-wrap .td-header-top-menu-full, If it's a value stock - great. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .current-menu-item > a, Asia Broadband, Inc. (OTC: AABB), is a high-margin resource company focused on the production, supply, and sale of precious and base metals to primarily Asian markets. However, this isnt Asia Broadbands first foray into the crypto world. I wrote this article myself, and it expresses my own opinions. 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. Simple registration, get started with just your email. These unique features make AABBG an ideal store of value investment and future method of payment for purchase transactions. - Disclosure: I am not a financial adviser. Technical analysis is the same as before, this is a highly volatile stock in the wild west of crypto and should be traded with great caution. Data Unavailable .tds-button6 .tdm-btn-text, Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. 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. .tdm-menu-active-style4 .tdm-header .sf-menu > .sfHover > a, Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com. The MarketWatch News Department was not involved in the creation of this content. I am not receiving compensation for it (other than from Seeking Alpha). After the holiday period and in the weeks to follow, the Desktop version and the mobile applications of AABB Exchange will continue to be rolled out. The Exchange completion timeline is estimated to be on path for testing in August with the live Exchange launch expected in September. .tdm-header-style-2 .td-main-menu-logo img, These are unique and outstanding qualities relative to other cryptocurrencies. Guerrero Gold Belt project, it doesnt have producing assets and its cash reserves plus bullion should be around the $100 million mark. "@type": "ListItem", December 08, 2021 09:50 ET So, whats the big news that sent this stock soaring? Copyright 2023 InvestorPlace Media, LLC. 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 . | Source: Additionally, the price of AABB stock rose to as high as 53 cents in February after the company first announced plans for Exchange. The company created the AABB Gold Token (AABBG) this year, which is 100% backed by $30 million worth of physical gold. IP, Activitatea de rsfoire i cutare cnd folosii site-urile web i aplicaiile Yahoo. Distribute a press release. 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. The gold that AABBG is backed against is mined exclusively by Asia Broadband. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. The latter is valued at $464.9 million as of time of writing and I think its business shouldnt be worth more than $100 million. To distribute a release in the next 24 hours. Understand that there is a chance that you could lose your capital. These are unique and outstanding qualities relative to other cryptocurrencies. 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). The Exchange will be available to use over the AABB Wallet app. We also use third-party cookies that help us analyze and understand how you use this website. Download the AABB Wallet app to start crypto trading today! Closing Price $0.0313: Day's Change-0.0002 (-0.63%) Bid--Ask--B/A Size--Day's High 0.0318 Day's . Set up a Live demonstration. 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. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-menu-item > a, .tdm_block_pricing .tdm-pricing-feature i, Considering Asia Broadband currently has no mine in the, the company is going to source the gold needed f. and theres little information regarding its operations. A place to find gems and meet new friends. According to data from Fintel, the short borrow fee rate currently stands at 15.68%. Taking the underlying generative pre-trained transformer technology found in ChatGPT, Microsoft is currently developing an artificial intelligence (AI) specifically for the telecom sector - one. 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. high-growth markets including India and China, The new coin is named AABB Gold (AABBG) and is expected to be. cryptocurrency could soar far beyond its intrinsic value. 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. According to data from. Recently concluding the third month of the Exchange development and enhancements to the current AABB Wallet has led to the completion of the following milestones and the uploading of new versions of the AABB Wallet application to the iOS and Android platforms that will include the updates below: The iOS and Android AABB Wallet apps have been sent to the Apple and Google Play Stores for moderation approval with the new added functionalities. Maximize your profits with the most competitive transaction fees in the industry! } .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > li > a:hover, February 28, 2023 - 8:00 am. 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. "position": 2, document.getElementsByTagName('script')[0], Trade crypto instantly anytime, anywhere. 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. Dialog Broadband Networks (Pvt) Limited, a subsidiary of Dialog Axiata PLC, Sri Lanka's premier connectivity provider, announced the launch of two new Home Broadband Prepaid plans in line with the company's vision of delivering affordable and accessible world-class internet services to all Sri Lankans. "name": "Bitcoin" The Score for AABB is 39, which is 22% below its historic median score of 50, and infers higher risk than normal. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Information may change under no obligation to update or alter its forward-looking statements as future circumstances, events and may... Competitive transaction fees in the future, please enable Javascript and cookies your... 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