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Asia Broadband Inc. (OTC: AABB) is a diversified resource company focused on the production of precious metals and the accumulation of physical gold holdings. The company utilizes its specific geographic expertise, experience, and extensive industry contacts to expand its precious metals property holdings and production in Mexico. AABB's unique blend of industry and business integration in Mexico and asset diversification creates distinctive value for shareholders.
In addition to its mining operations, AABB has a growing digital assets business segment that includes the AABBG mine-to-token gold-backed cryptocurrency. The AABBG token is backed by gold, providing stability and security while offering demand-based price appreciation. This makes it a unique and attractive option compared to other cryptocurrencies. The AABBG token is housed within the company's proprietary AABB Wallet, which has recently been upgraded to enhance user experience with decreased costs, faster transaction processing, and increased security.
AABB has also ventured into the world of non-fungible tokens (NFTs) with its Golden Baboons Mining Club and Shorts Rascal Club collections. These NFTs are backed by gold, further solidifying the company's commitment to integrating precious metals with innovative digital solutions. The company's latest projects include the Golden Baboons Bitcoin Ordinals collection, which expands AABB's presence across multiple blockchain platforms.
Moreover, AABB has partnered with KYN Capital Group to develop a next-generation digital wallet, combining their expertise to create a cutting-edge platform for cryptocurrency transactions. This strategic collaboration aims to leverage KYNC's significant platform alliances to enhance functionality and market reach.
Recently, AABB has made significant strides in its mining operations, including the acquisition of high-potential properties and the expansion of its processing facilities. The company's Tequila Gold Mine Project in Mexico has seen a substantial increase in gold production, contributing to record revenues and gross profit for the first quarter of 2024.
Overall, Asia Broadband Inc. continues to innovate and expand, both in its traditional mining operations and its digital assets segment, positioning itself as a leader in integrating precious metals with cutting-edge technology.
Asia Broadband Inc. (OTC: AABB) announced the commencement of production at its mining property in the Tequila region of Mexico. The site currently operates at 50 tons per day, with plans to upgrade capacity to 100 tons per day. The company is also planning a large-scale expansion of its production facilities, aiming to enhance throughput and reduce costs, which may significantly impact gross profit margins. Additionally, AABB is pursuing new high-grade gold property acquisitions and continuing geological reports for its properties to optimize operations and increase gold holdings.
Asia Broadband Inc. (OTC: AABB) has launched its AABB Exchange applications, enabling mobile cryptocurrency trading via the AABB Wallet app. Users can buy and sell various cryptocurrencies directly from their smartphones. To access the Exchange, users should update their app from the Apple App Store or Google Play Store. The Company, which specializes in precious and base metals distribution in Asian markets, has also introduced a gold-backed cryptocurrency, AABBG, claiming it will become a stable and trusted digital asset.
Asia Broadband Inc. (OTC: AABB) announced plans to launch mobile applications for its AABB Exchange on both Apple and Android platforms by March 22, 2022. The applications will enable users to trade cryptocurrencies directly from their mobile devices, expanding the functionality of the existing desktop version. The Exchange project has undergone significant enhancements, with new features and additional trading pairs being rolled out. AABB is also focusing on integrating a Spanish version to broaden market reach.
Asia Broadband Inc. (OTC: AABB) has signed a Letter of Intent to acquire the Zodiac II and III gold properties in Buen Pais, Mexico, as part of its ongoing expansion strategy. This follows the recent acquisition of the Zodiac I property for $700,000, which includes a 150 ton per day processing plant. Preliminary geological assays indicated high-grade gold values up to 101.6 grams per ton. AABB aims to enhance gold production and increase its holdings while optimizing development capital in regions of Mexico.
Asia Broadband Inc. (OTC: AABB) has signed a definitive purchase agreement to acquire a 100% interest in the Zodiac Gold Mine Project in Buen Pais, Mexico, for $700,000. The project spans 200 hectares and includes a 150 ton per day processing plant available for lease and expansion. Preliminary geological assays indicate high-grade gold values of up to 101.6 grams per ton. This acquisition aligns with AABB's strategy to increase its gold production and holdings, as it represents the third high-grade property in its portfolio.
Asia Broadband Inc. (OTC: AABB) has announced its entry into the Non-Fungible Token (NFT) market, aiming to build NFT marketplaces for unique digital content. Capitalizing on its existing digital platforms, including the AABBG token and AABB Wallet, the company plans to efficiently process NFT transactions. The NFT market reached over $40 billion in 2021, with continued growth expected in 2022, indicating increasing acceptance among investors. This initiative aligns with AABB's strategy to expand its digital asset base alongside its core focus on precious and base metals.
Asia Broadband (OTC: AABB) announced the addition of KYN Capital Group as a commercial client for its AABB Wallet, enhancing its digital asset segment. The company is focusing on expanding its client network to boost revenue from the AABB Wallet, AABBG token, and AABB Exchange. Additionally, AABB is launching new features for its recently introduced cryptocurrency exchange, AABBExchange.com, which will soon support over 200 trading pairs. An international marketing campaign for the exchange and token is set to launch next month.
Asia Broadband Inc. (OTC: AABB) announced an update on its mining property acquisitions and cryptocurrency initiatives. The Company has acquired two gold properties in Mexico, with production from the Tequila Gold Mine expected to start in March. Development for the Los Reyes and Colima properties has been discontinued. AABBExchange.com is enhancing its trading capabilities and plans an international marketing campaign for its gold-backed AABBG token. The Company aims for increased revenues and to qualify for a major exchange uplisting later this year.
Asia Broadband Inc. (OTC: AABB) provided a corporate update detailing its mining strategy focused on Mexico, aiming to leverage local resources for growth. The company has acquired two gold properties, Bonanza Gold Mine and Tequila Joint Venture, with production expected by March. Meanwhile, the Los Reyes and Colima projects are discontinued. AABBExchange.com, the company's proprietary cryptocurrency exchange, is evolving with new trading algorithms and an upcoming marketing campaign. AABB plans to enhance its gold-backed AABBG token and prepare for a major exchange uplisting audit later this year.
Asia Broadband Inc. (OTC: AABB) has announced the expansion of its cryptocurrency exchange by incorporating additional trading pairs within the AABB Wallet. The exchange, launched recently, allows users to execute trades with more options available. In collaboration with its digital assets developer, AABB plans to offer over 200 trading pairs on its platform soon. This initiative aims to enhance functionality and usability, including a Spanish language version, contributing to its market penetration strategy.
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