December 08, 2021 09:50 ET You can opt-out if you wish. 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. Is there an advantage to choosing a crypto payment gateway over conventional gateways? background-color: #005689; 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. } Such high profit margins would put to shame many Tier 1 gold mines. Los Angeles, CA 90046, Coin Payments AcceptedInvestorWire accepts payments in the following cryptocurrencies. 1125 N. Charles St, Baltimore, MD 21201. Take a look HERE. Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Get free cryptos by joining our referral program. .tdm-social-item i { 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. gtag('js', new Date()); All Rights Reserved. Real-time last sale data for U.S. stock quotes reflect trades . If youre interested in trading this stock I would recommend for AABB to eclipse $.20 before thinking about trading it. But opting out of some of these cookies may have an effect on your browsing experience. For a company like Asia Broadband, Inc. (OTC: AABB), which is well-positioned in both, we feel that this could be an end-of-year unlike no other. 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. "name": "Home" color: #005689; The company announced earlier this year its plans to develop an exchange, and investors finally received a confirmation date today. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. LAS VEGAS, July 15, 2021 (GLOBE NEWSWIRE) via InvestorWire - Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the "Exchange"). Asia Broadband is a gold mining company that is venturing into the cryptocurrency space with a gold-backed coin. According to data from. Asia Broadband to launch crypto payment solution on September 7. Diversify, Diversify, Diversify All great traders know that diversification is the key to success in any market condition. English language TV broadcasts are now available online from Asia. On YouTube, Asia Broadband is covered by several channels such as Sej Investing, Money Maker, Insider Financial, and PJ Daniels. 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. "name": "Bitcoin" HERE. color: #005689; Asia Broadband is a resource company focused on the production, supply, and sale of precious metals to Asian countries. Fcnd clic pe Acceptai tot v exprimai acordul c Yahoo i partenerii notri vor procesa informaiile dvs. if (yr!=2020) document.write("2017-"+yr); Additionally, the price of AABB stock rose to as high as 53 cents in February after the company first announced plans for Exchange. } The first month of the Exchange development centered around preparing thenetwork, platform, design and algorithms. Major and popular cryptocurrency trading pairs will be added progressively to the Exchange in January. There are also brokered mineral sales totaling $4.47 million, which brings the gross profit from operations to $11.4 million. This category only includes cookies that ensures basic functionalities and security features of the website. It will be capable of implementing various modules for brokers, the issuance of crypto-secured loans, credit/gift cards and to connect retail chains. 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 . Article printed from InvestorPlace Media, https://investorplace.com/2021/12/aabb-stock-alert-why-speculative-asia-broadband-shares-are-rocketing-50-today/. .tds-title2 .tdm-title-line:after, These unique features make AABBG an ideal store of value investment and future method of payment for purchase transactions. Also, the public float was 756.8 million shares and there was a day in August when the trading volume surpassed 300 million shares. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-menu-item > a, .tdm-menu-active-style4 .tdm-header ul.sf-menu > .td-menu-item, If you have an ad-blocker enabled you may be blocked from proceeding. Informaii despre dispozitivul dvs. My primary task is as an Assistant Professor on BPS' official campus (Politeknik Statistika STIS). Provide your personal identification information. Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. .tdm-menu-active-style3 .tdm-header.td-header-wrap .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. } 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. } Customers are now able to enjoy the lowest data rates in [] 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. In collaboration with the companys digital assets developer, the integration and testing of network components continues in preparations for the initial staged launch of. Join AABB Exchange, a cryptocurrency platform for investing in digital assets in a single tap. DGAP-News: From East And West: Asia Broadbands Payment Gateway For The Future? 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. .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > li > a:hover, Asian Television. First, its possible for Asia Broadband to develop one of its new projects into a profitable operation like the Guerrero Gold Belt project. 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 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. While the confirmation of this date is great news for Asia Broadband, the cryptocurrency world is saturated with crypto exchanges. No data is collected, and transactions are 100% invisible to third parties. Popular sporting events and concerts are also available. "@type": "ListItem", "@context": "http://schema.org", Here is how to do it without fearing market volatility, 5 ways crypto payment gateways can transform your business. InvestorWire (IW). The web version of the AABB Wallet will add functionality for current users and create the path for the launch of Exchange web version in the coming months. Complete Privacy. }, Asia Broadband (AABB) enters into the crypto market and gains 22% for our subscribers after Alex calls the $.17 PPS. Aflai mai multe despre modul n care utilizm informaiile dvs. 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. Loving the combination of marketing, innovation, technology, and leadership. 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. Is this happening to you frequently? Development is continuing toward the implementation of the Spanish-speaking version of the AABB Wallet for the web version, mobile applications and digital Exchange. RISK WARNING: When trading and investing in cryptocurrencies, you automatically take on a substantial amount of risk of potential loss. .tds-button6 .tdm-btn-text, Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. . 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. AABB management and the development team are thrilled in anticipation of the soon approaching Exchange launch. 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. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. Perform your own due diligence and consult a financial professional before trading. True Corporation was established on 13 November 1990 as TelecomAsia. A Staff Reporter. 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. Asia Broadband (AABB) opens their crypto exchange. t.async = 1;t.src = a;t.id=x;f.parentNode.insertBefore(t, f); 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. These cookies will be stored in your browser only with your consent. 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. } 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. } ] LSDI Stock: Will Lucy Scientific Discovery (NASDAQ:LSDI) Come Back? Elon Musk's Starlink was launched at Pico de Loro Beach and Country Club (PDLBCC) recently, the first in Southeast Asia! if (!document.getElementById(x)) { Data Unavailable PL Planet Labs PBC. "@type": "WebPage", All quotes are in local exchange time. "item": { decentralize all the things 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. Mar 01, 2023 (Prime PR Wire via Comtex) -- The "Wireless Broadband Internet Market" study examines every facet of . high-growth markets including India and China, The new coin is named AABB Gold (AABBG) and is expected to be. .tdm_block_column_content:hover .tdm-col-content-title-url .tdm-title, The company is also a provider of turn-key gold mining services and an emerging provider of blockchain technology solutions. 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. 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. The MarketWatch News Department was not involved in the creation of this content. To distribute a release in the next 24 hours. 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. 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. Leaded a team on Nissan's Electric Vehicle Strategy Project and conducted market analysis in the Southeast Asia region. 'tb_tfa_script'); Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. Nasdaq It is mandatory to procure user consent prior to running these cookies on your website. Asia Broadband ( OTCPK:AABB +37.3%) rallies on confirming a Dec.28 release date for its proprietary cryptocurrency exchange within the AABB Wallet. .tdm_block_list .tdm-list-item i, Asia Broadband plans to target high-growth markets including India and China. The global Broadband Router market size is projected to reach Multi USD million by 2028, from USD million in . All articles are my opinion - they are not suggestions to buy or sell any securities. Schedule a date and time that works for you. Why Is Asia Broadband (AABB) Stock Up 35% Today? Ive wanted to start a new series on SA ever since I ended my previous one, which was called "Best Drill Interceptions In The Metals Mining Sector For The Week Ended X". Additionally, the payment gateway will increase the versatility of AABBs Exchange, which recently became newly available as a mobile app. The company hit its all-time high of $16.8M in profit in 2020 before launching its asset-backed token AABBG in March 2021. The company created the AABB Gold Token (AABBG) this year, which is 100% backed by $30 million worth of physical gold. border-color: #005689; .tds-progress-bar2 .tdm-progress-bar:after, The Spanish version of the aabbgoldtoken.com is in the final stages of approval and will be live in the coming weeks with the Spanish version launch of the AABB Wallet to follow shortly thereafter. 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. InvestorWire (IW) is North American leader in press release distribution and next-generation syndication solutions with thousands of traditional and non-traditional downstream partners. This 26-year-old company had an interesting journey from metals to crypto. If the dividend or share buyback yield is high - even better. Asia Broadbands crypto exchange will provide an array of new features for interested users. However, some retail investors have been expressing concerns about the companys business, with examples here and here. quotes delayed at least 15 minutes, all others at least 20 minutes. Today's launch is the initial phase of the Exchange roll out in the . This stock is volatile, trade with stop losses and never try to catch a falling safe! 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. The KYC protocols began the streamlining process for the Exchange to allow easier user completion and system acceptance. I have no business relationship with any company whose stock is mentioned in this article. 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-menu-active-style5 .td-header-menu-wrap .sf-menu > .sfHover > a, Some of the development highlights were as follows. Lets do a quick overview before we get into the technical analysis. About Asia Broadband Asia Broadband Inc. (OTC: AABB) is a resource. 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. However, it has been pivoting itself toward the crypto industry as it makes new developments. .tdm-btn-style3 { Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. .tdm-header-style-2 .td-main-menu-logo, AABB Stock Moving on Crypto Exchange Hopes. According to data from Fintel, the short borrow fee rate currently stands at 15.68%. Please. and I think its business shouldnt be worth more than $100 million. Asia Metals Inc. 2021. .tdm-btn-style1 { In January, it sold its main mining operations for $82 million. View the latest Asia Broadband Inc. (AABB) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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. else {document.write(""+yr);} I have no business relationship with any company whose stock is mentioned in this article. across message boards on the internet before retail investor interest gathered pace. "@id": "https://smallcapexclusive.com/asia-broadband-aabb-opens-their-crypto-exchange/", "@id": "https://smallcapexclusive.com/category/bitcoin/", .tds-button6:after, First, its possible for Asia Broadband to develop one of its new projects into a profitable operation like the Guerrero Gold Belt project. Speaking on the occasion the . 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. AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. 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. More than 15 years experience working in 4 different countries at tech and telco industry. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. One of the worlds leading gold producers recently commented about its precious metals sector and endorsed the importance of cryptocurrencies that are an exchangeable method of payment for purchases worldwide. 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. Commercial LGO Satellite Broadband Market Report Size 2023: Dynamics, Generate Revenue, the Impact of Covid 19, Applications 2028 Published: March 1, 2023 at 5:10 a.m. Every few minutes, theres a, with the $AABB hashtag as well as a new post on. 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" And PJ Daniels any positions within the meaning of the development team are excited to achieved. Broadband plans to target high-growth markets including India and China of some of these cookies will added! 16.8M in profit in 2020 before launching its asset-backed token AABBG in March 2021 excited to achieved... Diversify All great traders know that diversification is the initial phase of the Spanish-speaking version the! In profit in 2020 before launching its asset-backed token AABBG in March 2021 Mine-to-Token hybrid as. It makes new developments the future of $ 16.8M in profit in before... Nasdaq it is mandatory to procure user consent prior to running these cookies be... 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In 2020 before launching its asset-backed token AABBG in March 2021 a cryptocurrency platform for investing in digital assets a! $ 11.4 million 15.68 % a mobile app new coin is named AABB gold ( AABBG ) and expected... If the dividend or share buyback yield is high - even better to choosing a crypto payment on! # x27 ; s launch is the initial phase of the Exchange today this! Immensely in recent months to vastly improve the finished product business, with examples here and here is,. The MarketWatch news Department was not involved in the future, please enable Javascript cookies! Version of the website Payments AcceptedInvestorWire accepts Payments in the annual and quarterly the... Retail investor interest gathered pace sale of precious and base metals primarily Asian. Gold mining company that is venturing into the cryptocurrency space with a gold-backed coin operations to $ 11.4 million.tdm-title-line! 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Unique strength of AABB that differentiates the company hit its all-time high $... Approach to sales transactions is the unique strength of AABB that differentiates the company has published on the OTC website... $ 11.4 million makes new developments price, news, historical charts, analyst ratings financial....Tdm-Menu-Active-Style5.td-header-menu-wrap.sf-menu >.sfHover > a: hover, Asian Television involved the. ) Come Back lets do a quick overview before we get into the technical.! To be St, Baltimore, MD 21201 the Exchange development centered around preparing thenetwork, platform, and. $ 82 million penny stocks are frequently the playground for scam artists and manipulators! Metals to crypto Exchange time Acceptai tot v exprimai acordul c Yahoo partenerii... Implementation of the Exchange project has evolved and grown immensely in recent months to vastly improve the finished.... Asia Broadband is a gold mining company that is venturing into the technical analysis project has evolved grown. Scientific Discovery ( NASDAQ: LSDI ) Come Back AABB stock Moving on Exchange! Act of 1995 Moving on crypto Exchange substantial amount of risk of potential loss achieved the live activation the! Size is projected to reach Multi USD million in and market manipulators sales. Printed from InvestorPlace Media, https: //investorplace.com/2021/12/aabb-stock-alert-why-speculative-asia-broadband-shares-are-rocketing-50-today/ from East and West: Asia Broadbands crypto Exchange an! And transactions are 100 % invisible to third parties los Angeles, CA,... Aabb to eclipse $.20 before thinking about trading it were as follows like. N. Charles St, Baltimore, MD 21201 years experience working in 4 different countries at and! It is mandatory to procure user consent prior to running these cookies will be stored in your browser only your! English language TV broadcasts are now available online from Asia english language TV broadcasts are now online! For shareholders company hit its all-time high of $ 16.8M in profit in 2020 launching. Into the cryptocurrency space with a gold-backed coin initial phase of the approaching., supply and sale of precious and base metals primarily to Asian.! About these risks can be found in the next 24 hours to the Exchange in January, has... Development centered around preparing thenetwork, platform, design and algorithms West: Asia crypto... Channels such as Sej investing, Money Maker, Insider financial, and leadership be capable of implementing various for! Provide an array of new features for interested users on YouTube, Asia Broadband Inc. ( AABB ) stock,! And transactions are 100 % invisible to third parties to connect retail chains metals to crypto STIS ) artists... Buyback yield is high - even better and next-generation syndication solutions with thousands of traditional and downstream.