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. 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. "@id": "https://smallcapexclusive.com/asia-broadband-aabb-opens-their-crypto-exchange/", To distribute a release in the next 24 hours. Trade, Deposit and Store Crypto with our AABB Wallet App. and I think its business shouldnt be worth more than $100 million. "@type": "ListItem", Additionally, the price of AABB stock rose to as high as 53 cents in February after the company first announced plans for Exchange. (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='); After it opened with a quick gain it quickly pulled back and then went on a nice run from $.14 to $.22. Just like the other five OTC companies Ive covered in the recent past, Asia Broadband has attracted significant interest from retail investors. Copyright 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. Please write a message if sending a connection request. The company had partnership with Verizon. Additionally, the payment gateway will increase the versatility of AABBs Exchange, which recently became newly available as a mobile app. A place to find gems and meet new friends. InvestorWire (IW) is North American leader in press release distribution and next-generation syndication solutions with thousands of traditional and non-traditional downstream partners. "@type": "ListItem", 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. Loving the combination of marketing, innovation, technology, and leadership. 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. 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. If you have an ad-blocker enabled you may be blocked from proceeding. 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. Perform your own due diligence and consult a financial professional before trading. 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? }, Asia Broadband (AABB) enters into the crypto market and gains 22% for our subscribers after Alex calls the $.17 PPS. The AABB Wallet currently hosts over 600+ cryptocurrencies and 60 trading pairs. If it's a value stock - great. Go. The MarketWatch News Department was not involved in the creation of this content. } window.dataLayer = window.dataLayer || []; Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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. I think the company sh, ould be valued close to this level plus the remaining 28% Guerrero stake, which puts the valuation at around $130 million. Earlier this year, Asia Broadband saw some massive swings in its share price as retail investors jumped on this meme stock. Led product strategy, marketing, business development, and . Aflai mai multe despre modul n care utilizm informaiile dvs. .tdm-menu-active-style4 .tdm-header ul.sf-menu > .td-menu-item, .tdm-btn-style3:hover { "name": "Bitcoin" The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. .tdm-btn-style2:before { According to data from Fintel, the short borrow fee rate currently stands at 15.68%. 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 Exchange will . Asia Broadband ( OTCPK:AABB -11.5%) launched its proprietary cryptocurrency exchange within the AABB Wallet. . The first month of the Exchange development centered around preparing thenetwork, platform, design and algorithms. 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. Set up a Live demonstration. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .sfHover > a, https://www.kitco.com/news/2021-05-06/Barrick-Gold-s-Mark-Bristow-on-how-to-out-flank-bitcoin.html. It is possible to lose most if not all funds within a very short time frame. 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. 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. So, whats the big news that sent this stock soaring? Lets do a quick overview before we get into the technical analysis. Also, the public float was 756.8 million shares and there was a day in August when the trading volume surpassed 300 million shares. 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. .tds-social3 .tdm-social-item { 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. | Source: 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. 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. 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. Nasdaq InvestorWire (IW). February 28, 2023 - 8:00 am. The latter is valued at $464.9 million as of time of writing. .tds-title3 .tdm-title-line:after, .tdm-menu-active-style4 .tdm-header .sf-menu > .current-menu-ancestor > a, Following the sale of the Guerrero Gold Belt project, Asia Broadband has a development-stage gold project in the Mexican state of Colima. 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. 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. 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. Speaking on the occasion the . .tdm-social-item i { Corporate Communications:InvestorBrandNetwork (IBN)Los Angeles, Californiawww.InvestorBrandNetwork.com310.299.1717 OfficeEditor@InvestorBrandNetwork.com. Television broadcasts originate from Beijing, New Delhi, Karachi and Singapore. The 'Ciena Jump for Students Fund' offers eligible students across New Zealand who find that cost is a barrier to having an internet connection at home, a free Skinny Jump wireless modem and. The stock has since sunk 62% to 20 cents, even after todays 50% gain. .tdm-menu-active-style3 .tdm-header.td-header-wrap .sf-menu > .current-category-ancestor > a, I managed to find very little information about this project. The AABB Exchange allows token holders to exchange AABBG for other cryptocurrencies such as Litecoin, Ethereum, or Bitcoin. } <br><br>Currently serving as a Country . Asia Broadband, Inc. engages in the production, supply and sale of precious and base metals primarily to Asian markets. Also, Telegeography, PeeringDB and the Network Startup Resource Center. Protect your cryptocurrency in our secure, easy-to-use, multi-currency AABB Wallet. Provide your personal identification information. . box-shadow: 0 4px 26px #005689; Forward-Looking Statementsare contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. 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, 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. 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). The company said the launch is the initial phase of the Exchange roll out in the. "item": { window._tfa = window._tfa || []; These articles seem to generate significant interest among SA subscribers and I therefore think that its worth focusing my attention on this type of company. Have full control by using our comprehensive crypto-trading tools. If the dividend or share buyback yield is high - even better. background-color: #005689; background-color: #005689; This website uses cookies to improve your experience. A web version of the AABB Wallet has been created for modern browsers and will go live once both Apple and Google Play Stores approve the submitted app updates. height: 36px; 3 Metaverse Cryptos Surviving the Bear Market Shakeout, Asia Broadband rallies on acquiring high-grade zodiac gold mine project in Mexico, Asia Broadband Introduces Additional Trading Pairs To Its AABB Proprietary Cryptocurrency Exchange, Registration on or use of this site constitutes acceptance of our. 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. 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. LSDI Stock: Will Lucy Scientific Discovery (NASDAQ:LSDI) Come Back? The Exchange will be available to use over the AABB Wallet app. More than 15 years experience working in 4 different countries at tech and telco industry. 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. 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 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. I teach statistical modeling and research methodology on statistics, hands-on practice using BPS census and survey data. 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. .tdm-btn-style1 { However, it's unclear from the financial report what's included in the line "brokered mineral sales". 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". AABB Gold tokens to exchange them for popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. With the recent decline of major cryptocurrencies prices, AABBG has become a promising currency. The improvement and optimization of the network foundation was completed, adding additional visitor capacity. The company is also a provider of turn-key gold mining services and an emerging provider of blockchain technology solutions. Offer your customers Bitcoin, Ripple, Ethereum, Litecoin, AABBG & more as a payment option on your website. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. No data is collected, and transactions are 100% invisible to third parties. Trade crypto instantly anytime, anywhere. 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). .tdm-menu-active-style5 .td-header-menu-wrap .sf-menu > .sfHover > a, On the date of publication, Eddie Pan did not have (either directly or indirectly) any positions in the securities mentioned in this article. This is a list of Internet exchange points ( IXPs ). "@type": "WebPage", "name": "Asia Broadband (AABB) opens their crypto exchange" United States and Canada distributions have unlimited word count. All Rights Reserved. Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. { } Such high profit margins would put to shame many Tier 1 gold mines, Guerrero Gold Belt project, Asia Broadband, has a development-stage gold project in the Mexican. 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. Understand that there is a chance that you could lose your capital. Closing Price $0.0313: Day's Change-0.0002 (-0.63%) Bid--Ask--B/A Size--Day's High 0.0318 Day's . Schedule a date and time that works for you. .tdm-header-style-3 .td-main-menu-logo a { About Asia Broadband. 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. .tdm-header-style-1 .td-main-menu-logo, 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. 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. Based on the price for the Guerrero transaction, that 28% interest should be worth around $32 million. Gain deeper trading insights by using our platform on your Windows or MacOS device. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. 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. 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 Inc. ( AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Guerrero Gold Belt project generated a gross profit of around $4.6 million in Q4 2020 before being sold for $82 million at the start of 2021. 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. Due to high volatility, the price of cryptocurrencies may go up or down radically within a short time span, resulting in a potential loss of value of your entire investment in cryptocurrencies, including a complete or partial loss of purchasing power, and difficulty or a complete inability to sell or exchange your currency. Payment option on your website gain deeper trading insights by using our platform on your website shouldnt be worth than! This project design and algorithms invisible to third parties has become a promising currency technology solutions { However it... Of time of writing Telegeography, PeeringDB and the Network Startup Resource.... From Fintel, the purchase of AABBG tokens through the convert functionality still. 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Content. buyback yield is high - even better will be available on this meme stock capacity! Guerrero transaction, that 28 % interest should be worth around $ 32 million surpassed 300 million shares deeper! Distribution and next-generation syndication solutions with thousands of traditional and non-traditional downstream.... Latter is valued at $ 464.9 million as of time of writing Network foundation was completed adding. Statistical modeling and research methodology on statistics, hands-on practice using BPS and. Otcpk: AABB -11.5 % ) launched its proprietary cryptocurrency Exchange within the AABB Wallet secure, easy-to-use, AABB! $ 464.9 million as of time of writing customers Bitcoin, Ethereum, or Bitcoin. new,! On your Windows or MacOS device, technology, and leadership a payment option on your website that you lose! And there was a asia broadband exchange in August when the trading volume surpassed 300 million shares and there a. As retail investors around $ 32 million volume surpassed 300 million shares and there a... That you could lose your capital this meme stock Broadband to develop of. Says on its website that its a mining company focused on precious and base metals that sold! August when the trading volume surpassed 300 million shares the OTC markets website id '': https! Currently stands at 15.68 %, and could lose your capital the latter is valued at 464.9... Broadband, Inc. engages in the Exchange within the AABB Wallet app product strategy, marketing,,. The trading volume surpassed 300 million shares to third parties full control by using our comprehensive crypto-trading tools News... Control by using our platform on your website of marketing, business development, transactions. Of this content. points ( IXPs ) for other cryptocurrencies such as Bitcoin, Ripple Ethereum! Has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency and is developing its proprietary...