Asia Broadband Confirms Stock Dividend For September Shareholders of Record
Asia Broadband Reintroduces Convert Feature Within the AABB Wallet to Purchase AABBG Gold-Backed Tokens
The tokens are backed by 100% real gold
Over $1 million sold in the first two weeks of launch
Asia Broadband Receives Initial Certified Technical Report With Resource Estimate Exceeding $10 Million at the Bonanza Gold Mine Project in Mexico
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Hello Everyone,
The market just opened and we have something exciting for today’s session.
Pull up AABB immediately. 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. 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. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. Additionally, the Company has added a digital assets business segment and released its AABBG freshly minted mine-to-token gold-backed cryptocurrency within its AABB Wallet and a proprietary digital exchange AABBExchange. 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. These are unique and outstanding qualities relative to other cryptocurrencies.
Asia Broadband Completes Third Quarter Production and Continues Facilities Expansion at the Tequila Gold Mine Project in Mexico
LAS VEGAS, Oct. 12, 2022 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has recently completed a full quarter of production at its Tequila Gold Mine Project in the Tequila region of Mexico. The production revenue for the 3rd quarter ending September 30, 2022, is in the process of being finalized and will be published in the coming weeks. The Company is expecting the 3rd quarter production revenue to exceed the level recorded in the 2nd quarter, as the production facilities expansion is on going.
The Tequila production facilities upgrade program continues to progress towards an additional 50 tons per day (tpd) production capacity. After the facilities retrofit is complete, the mill capacity will be 100 tpd and double the current processing limit of 50 tpd. Due to the extremely wet rainy season in the Tequila area in recent months, the delivery and installation and testing of the production processing equipment has been rescheduled for completion in January 2023. In addition to the production increase from the mill retrofit, the Company is planning a large-scale expansion of its production and processing facilities to begin installation next year. Utilizing the advances in mining equipment automation and efficiency, the larger scale facilities will have significantly increased throughput and metals extraction. The added production volume at a lower cost per ton is expected to have a substantial impact on the Company’s gross profit margin going forward. “Our management team has been laser focused on its mining operations growth initiative to expand the Company’s primary business segment. We are proud of and excited with the progress our mining group has made this year, which has set the stage to achieve significantly higher levels of production in 2023.” expressed Chris Torres, AABB President and CEO. AABB continues to implement its mining property development and acquisition strategy to optimize capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.
Asia Broadband Mining Operations Growth Initiative Sets Path to Double Net Assets to $200 Million By 2024
LAS VEGAS, Nov. 03, 2022 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is on track with its mining operations expansion initiative to realize substantially expanded production in 2023 and into the forthcoming years. Recent and planned acquisitions and additional processing facilities have laid the foundation to progress rapidly on a path of organic growth. Furthermore, as the Company continues to execute its business plans and increase revenues and net assets, management anticipates the market will acknowledge the share value in AABB. A major announcement supporting the Company’s path to growth is expected in the coming weeks.
“With the mining operations expansion program in full swing now, our management group and mining team believe tremendous increases in production revenues are achievable next year and beyond that will take the Company to new levels. We are proud of and excited with the progress our mining group has made this year that has set the stage for strong organic growth going forward.” stated Chris Torres, AABB President and CEO. In addition to the growth of its mining business segment, the Company is currently broadening its digital asset division with significant additions and enhancements to improve product functionality, efficiency and feasibility. These upgrade, expansion and development events are expected to be rolled-out and announced as they become available in the coming weeks.
Asia Broadband Develops Proprietary NFT Renderings in Preparation for Release Into the High Growth NFT Market and Accelerate Digital Asset Expansion
LAS VEGAS, Oct. 19, 2022 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has created a proprietary set of Non-Fungible Token (“NFT”) renderings for finalization in preparation for release into the NFT market. Over the past several months, the Company has been working through a development process with a group of graphics and NFT consultants to create the initial branded NFT renderings. The implementation of the Company’s NFT business plan with the recent launch of operations into this new digital business segment strategically positions AABB for growth in the coming years.
Management created a corporate initiative earlier this year to enter the NFT market to advance the rapid expansion of the Company’s digital asset base. Subsequently, the Company has been developing its initial NFTs and been in discussions to create multiple NFT marketplaces for unique digital content categories including music, sports and video media. Additionally, AABB possesses a comparative advantage to efficiently process NFT transactions within the marketplaces. Using the Company’s existing blockchain-based digital technology platforms, the AABBG token, AABB Wallet and AABB Exchange can be expeditiously integrated into newly created NFT marketplace networks. Consequently, the Company has been diligently focused on the developing opportunities within the rapidly expanding NFT market. The NFT market in 2021 realized explosive growth and is estimated to have reached over $40 billion. Furthermore, the growth trend is projected to continue long-term, as NFTs are expected to become increasingly integrated with the general public and accepted by the investment community for their proven authentic and unique properties. https://cointelegraph.com/news/nft-market-worth-231b-by-2030-report-projects-big-growth-for-sector
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AABB Exchange
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Gold-backed cryptosprovide a real solution for inflation-wary investors
Precious metals have long provided a haven for investors. Such assets experience consistent demand and have a proven track record of maintaining their value through periods of inflation. By linking the price of a cryptocurrency to gold or silver, investors enjoy the best of both worlds — from the reliability of precious metal investments to the flexibility, scarcity, and upside potential of cryptocurrency. The minimum token price is linked to the current spot price of gold, which means the token benefits from the lower volatility of gold relative to the cryptocurrency space, offering a sense of stability. Given fears of devalued fiat currencies, the bull case for gold remains intact, and AABBG could also rise as a function of increasing gold prices.
Revolutionary Mine-to-Token Product
Unlike other gold-backed cryptos, AABB holds physical gold assets that back the AABBG token 100% from the mining production segment of its holding company. The vertically integrated Mine-To-Token concept is a one of its kind product. AABB continues to implement its mining property acquisition strategy to increase development capital utilization by focusing operations on regions of Mexico. In these regions, AABB has a comparative advantage of development resources and expertise readily available for the rapid expansion and doubling of the Company’s previous gold production success.
Gold at Your Fingertips
Asia Broadband is committing wholeheartedly to giving investors an entirely new way to balance their interest in both cryptocurrency and gold
0.1 gram
AABBG is tied to 0.1 gram of gold price
100%
The tokens are backed by 100% real gold
$1 million +
Over $1 million sold in the first two weeks of launch
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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. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. Additionally, the Company has added a digital assets business segment and released its AABBG freshly minted mine-to-token gold-backed cryptocurrency within its AABB Wallet and a proprietary digital exchange AABBExchange. 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. These are unique and outstanding qualities relative to other cryptocurrencies.
