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ASIA BROADBAND INC - AABB STOCK NEWS

Welcome to our dedicated page for ASIA BROADBAND news (Ticker: AABB), a resource for investors and traders seeking the latest updates and insights on ASIA BROADBAND stock.

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.

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Asia Broadband Inc. (OTC: AABB) announces the launch of the second phase of its Golden Baboons Mining Club NFT collection, starting today at 5 PM EST. Whitelist registrants can mint NFTs at a price of 0.04 ETH, following the successful sale of Phase 1, exceeding 888 NFTs. The limited release consists of 8,888 NFTs backed by physical gold, with rare NFTs backed by one troy ounce of gold. The public mint begins on March 13, priced at 0.05 ETH. AABB highlights the growing interest in NFTs as major companies enter the market, with expectations for continued momentum.

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Asia Broadband Inc. (OTC: AABB) has launched its first NFT collection, the "Golden Baboons Mining Club" (GBMC), which allows early registrants to mint NFTs starting at 3 PM EST. Participants can mint up to 10 NFTs at a price of .03 ETH each. The total release is capped at 8,888 NFTs, each backed by ½ gram of gold, with select NFTs backed by 1 troy ounce of gold. A whitelist registration is open until March 5 for a second mint on March 6 at .04 ETH. A public mint is set for March 13 at .05 ETH. This NFT initiative marks AABB's entry into the NFT market as a gold-backed project. The company aims to increase market awareness and shareholder loyalty through this unique offering.

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Asia Broadband Inc. (OTC: AABB) announced advancements in the Bonanza Gold Mine Project in Acaponeta, Mexico, with an estimated mineral resource value exceeding $10 million based on current precious metal prices. Strong gold assay results of over 10 grams per ton indicate potential for high production and low operating costs. The company is also promoting its NFT collection, Golden Baboons Mining Club, with registration closing today for purchases on February 28, 2023. AABB aims to leverage its geographical advantages for expansion while integrating digital assets like a gold-backed cryptocurrency.

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Asia Broadband Inc. (OTC: AABB) has announced the registration deadline for its inaugural NFT collection, Golden Baboons Mining Club (GBMC). Registrations must be completed by February 22, 2023, to qualify for purchases on February 28, 2023, at a reduced mint price of 0.03 ETH per NFT. The GBMC includes a limited release of 8,888 NFTs, each backed by ½ gram of gold. Further minting events are planned in March with increasing prices. The project aims to boost shareholder engagement through an entertaining NFT platform that extends AABB's gold mining business.

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Asia Broadband Inc. (AABB) announces advancements in its mining operations, focusing on a new processing plant to enhance production efficiency and reduce costs. The company has purchased land for a facility near a significant 4 million ton ore stockpile in Etzatlan, Mexico, valued at over $800 million. Set to begin with a processing capacity of 200 tons per day, the facility is projected to generate over $11 million in annual revenue, with plans to expand capacity to 1,000 tons daily. The development aims to significantly boost AABB's gold production and revenue in 2023 and beyond.

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Asia Broadband Inc. (OTC: AABB) is set to launch its NFT collection, Golden Baboons Mining Club (GBMC), on February 28, 2023. The mint event follows strong interest and aims to create community engagement around the company’s gold-backed digital token, AABBG. AABB plans to enhance awareness through marketing efforts and community interactions, including Q&A sessions on Twitter. The company aims to integrate its NFT project with its existing gold mining operations, potentially increasing shareholder value. The GBMC project includes a unique character and merchandise, contributing to its innovative approach.

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Asia Broadband Inc. (OTC: AABB) is expanding its cryptocurrency and digital assets operations in Central America, particularly focusing on Bitcoin City in El Salvador. The company has maintained discussions with various commercial entities and anticipates finalizing agreements to enhance its business footprint. Since establishing a subsidiary in El Salvador in 2021, AABB has been building demand for its AABBG token, wallet, and exchange. The push towards a cryptocurrency-centric economy in the region, led by El Salvador's adoption of Bitcoin as legal tender, supports AABB's growth strategy. CEO Chris Torres emphasized opportunities in geothermal powered cryptocurrency mining as part of their expansion efforts.

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Asia Broadband Inc. (OTC: AABB) has finalized a land acquisition for a new processing facility in Mexico, linked to a significant gold and silver ore stockpile agreement. This stockpile, valued over $800 million, will be processed at a facility located near Etzatlan, with an initial processing capacity of 200 tons per day, generating projected annual revenues exceeding $11 million. Future expansions will boost capacity to 1,000 tons per day. The development aims to enhance the company's gold production and increase its physical gold holdings.

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Asia Broadband Inc. (AABB) has launched a website and opened registrations for its Golden Baboons Mining Club NFT collection, set to mint in January 2023. The NFTs are gold-backed, aligning with the company’s AABBG token. The site features a gallery, merchandise, and a hip-hop theme song about the project. AABB aims to enhance shareholder value and community engagement through this initiative. The NFT market is poised for significant growth, estimated to reach over $40 billion, reflecting a long-term positive trend for digital assets.

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Asia Broadband Inc. (OTC: AABB) has secured a historic processing and production agreement for a 4 million ton gold and silver ore stockpile in Jalisco, Mexico, valued at over $800 million. The company will build a new processing mill with a $3 million budget, initially set for 200 tons per day, projected to generate over $11 million annually. AABB aims to expedite mill expansion to 1,000 tons per day post-establishment. This agreement marks a significant step in AABB's strategy to enhance gold production and physical holdings.

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FAQ

What is the current stock price of ASIA BROADBAND (AABB)?

The current stock price of ASIA BROADBAND (AABB) is $0.02245 as of November 22, 2024.

What is the market cap of ASIA BROADBAND (AABB)?

The market cap of ASIA BROADBAND (AABB) is approximately 86.1M.

What is Asia Broadband Inc. (AABB)?

Asia Broadband Inc. is a resource company focused on the production of precious metals and the accumulation of physical gold holdings. The company also has a digital assets segment with gold-backed cryptocurrency and NFTs.

What is the AABBG token?

The AABBG token is a gold-backed cryptocurrency developed by AABB. It offers stability and security with the potential for demand-based price appreciation.

What is the AABB Wallet?

The AABB Wallet is a proprietary digital wallet developed by AABB, designed to enhance user experience with decreased costs, faster transaction processing, and increased security.

What are AABB's NFT collections?

AABB has launched the Golden Baboons Mining Club and Shorts Rascal Club NFT collections, both backed by gold. The company plans to expand with the Golden Baboons Bitcoin Ordinals collection.

What recent achievements has AABB made in its mining operations?

AABB has increased gold production, acquired high-potential properties, and expanded its processing facilities. The company recorded record revenues and gross profit in the first quarter of 2024.

What is the partnership between AABB and KYN Capital Group?

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.

How does AABB integrate precious metals with digital assets?

AABB integrates precious metals with digital assets through its gold-backed cryptocurrency (AABBG) and NFTs, offering stability, security, and innovative solutions.

Where does AABB primarily operate its mining activities?

AABB primarily operates its mining activities in Mexico, leveraging its specific geographic expertise and extensive industry contacts to expand its precious metals property holdings and production.

What makes the AABBG token unique?

The AABBG token is unique because it is backed by gold, offering stability and security while providing the potential for demand-based price appreciation.

How can I get more information about AABB's digital assets?

For more information about AABB's digital assets, including the AABBG token and NFT collections, visit the company's websites or contact their customer support.

ASIA BROADBAND INC

OTC:AABB

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AABB Stock Data

86.12M
3.39B
0.1%
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