Asia Broadband Stock Price, News & Analysis

Asia Broadband Inc. (OTC: AABB) has announced the release date of its cryptocurrency exchange on December 28, 2021. The company is in the final stages of testing and integrating the platform, which will feature 150 trading pairs, with plans to add 50 more soon. The Exchange will enhance usability with additional capabilities, including a web version and a Spanish language option. AABB also aims to position its AABBG gold-backed cryptocurrency as a stable and trusted alternative in the digital currency market, leveraging its expertise in precious metals.

Asia Broadband Inc. (OTC: AABB) has signed a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project for $6 million, comprising $2 million in cash and $4 million in restricted shares. The 19.25-hectare property, located in Nayarit, Mexico, has shown promising high-grade gold assay results, reaching over 10 grams per ton. This acquisition aligns with AABB's strategy to expand gold production and enhance physical gold holdings, leveraging its expertise in Mexico’s mining sector.

Asia Broadband Inc. (OTC: AABB) has reported over $1.1 million in AABBG Gold Token sales in the past four weeks ending November 15, ahead of its upcoming proprietary cryptocurrency exchange launch. The AABBG token is backed by $30 million in physical gold and aims to become a globally recognized standard of exchange. The company is also enhancing its cryptocurrency exchange with over 100 trading pairs and additional features. AABB's unique Mine-to-Token integration strategy aims to ensure independence from fiat currency while hoping for significant market demand post-Exchange launch.

Asia Broadband Inc. (OTC: AABB) has launched a corporate presence and satellite office in El Salvador to serve as its operations hub for Central and South America ahead of a new Exchange launch. The company has registered a subsidiary, AABBG Exchange Sociedad Anonima De Capital Variable, to enhance business development and marketing efforts. AABB's wallet and Exchange are gaining popularity among Salvadoran businesses, and the company is targeting major retailers for partnerships. Additionally, AABB is exploring the establishment of a geothermal-powered cryptocurrency mining facility in El Salvador.

Asia Broadband (OTC: AABB) announced its final preparations for the launch of its proprietary cryptocurrency exchange integrated within the AABB Wallet. The new Exchange features enhancements like a web version and Spanish language support, enabling users to trade 82 cryptocurrencies for AABBG tokens. The BCGateway platform, now operational, will enhance transaction speed and reduce blockchain fees. AABB aims to establish its gold-backed token as a leading standard in the cryptocurrency market.

Asia Broadband (OTC: AABB) has signed a joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project, including all current and future gold production. Located near Guadalajara, Mexico, the project spans 66.6792 hectares. The Tequila property is actively producing gold, silver, and base metals, with plans for expansion to increase daily production capacity. The company aims to enhance its mineral resource assessment and capital budget plans, contributing to its strategic goal of increasing gold production and physical gold holdings.

Asia Broadband Inc. (OTC: AABB) has signed a Letter of Intent (LOI) for a joint venture to secure an 80% interest in the Tequila Gold Mine Project in Mexico, showing high-grade potential for gold and silver mineralization. Previous evaluations indicated significant resources, but past negotiations fell through. AABB plans to accelerate the acquisition process and aims to finalize a joint venture by the end of October. Additionally, the company is progressing with the Acaponeta-Bonanza property acquisition, focusing on maximizing development capital and leveraging its expertise in Mexico.

Asia Broadband Inc. (OTC: AABB) is advancing towards launching its proprietary cryptocurrency exchange within the AABB Wallet. The project boasts over 14,000 user downloads and 260,000 lines of development code. Key features include a web version and Spanish language support. The newly developed BCGateway platform aims to enhance transaction efficiency with lower fees and faster processing. AABB is also establishing a presence in Central America, particularly El Salvador, to promote the AABBG token and engage major retailers.

Asia Broadband Inc. (OTC: AABB) has announced significant progress in the development of its proprietary cryptocurrency exchange, set to launch soon. Key enhancements include a new web version, a Spanish language option, and expanded functionalities for improved user experience. The company also plans to introduce features like crypto-secured loans, credit/gift cards, and connections to retail chains post-launch. AABB has also released its gold-backed cryptocurrency, AABBG, which aims to provide a stable alternative in the crypto market, further differentiating the company in its sector.