ASPZ Is Now Pink Current

Rhea-AI Summary

Asia Properties Inc. (OTC PINK:ASPZ) has achieved Pink Current status on OTC markets as of September 24, 2021. CEO Debra Childers expressed satisfaction in reaching this milestone before Q3 2021 ended. The company has cancelled 6,140,638 shares mandated by a Nevada court judgment, now totaling 71,699,362 shares outstanding. ASPZ is conducting due diligence to acquire gold mining claims in Nevada and Alaska while integrating blockchain technology into its operations. This innovative approach aims to securitize gold mining assets through ICOs and STOs.

Positive

• Achieved Pink Current status on OTC markets.
• Cancelled 6,140,638 shares, reducing total outstanding shares.
• Active due diligence for gold mining claims in Nevada and Alaska.
• Plans to utilize blockchain for securitizing gold assets.

Negative

• None.

CHEYENNE, WY / ACCESSWIRE / September 24, 2021 / Asia Properties Inc. (OTC PINK:ASPZ) today confirmed that is has achieved Pink Current status on OTC markets.

CEO Debra Childers commented, "we are delighted to have achieved our goal of becoming Pink Current before the end of Q3, 2021. The Company is also pleased to confirm that it has recently cancelled an additional 6,140,638 shares from the Nevada Court Judgement."

There are now 71,699,362 shares issued and outstanding.

The Company is currently conducting due diligence to acquire gold mining claims in Nevada and in Alaska. ASPZ continues to innovate and trailblaze using the blockchain in the gold mining space.

Please visit our new website: www.aspzgold.com

About the Company

Asia Properties Inc, is a Wyoming, USA domiciled junior mining company, intent on acquiring gold claims and mines and then securitizing them on the blockchain via ICOs and STOs, The Company will then list the tokens on highly liquid exchanges such as Uniswap and Binance.

Forward-Looking Statements

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of the Company, statements relating to goals, plans and projections regarding the Company's financial position and business strategy. The words or phrases "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of local, regional, and global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

ASPZ has 71.69 million shares issued and outstanding with 26.60 million shares at DTC.

Contact:

Aric Recker
Investor Relations
Tel(248) 291-7494
arecker@iroverflow.com

For more information on Asia Properties Inc please visit:
www.aspzgold.com

SOURCE: Asia Properties, Inc.

View source version on accesswire.com:
https://www.accesswire.com/665426/ASPZ-Is-Now-Pink-Current

FAQ

What does it mean for ASPZ to achieve Pink Current status?

Achieving Pink Current status indicates that ASPZ meets the minimum disclosure requirements set by OTC Markets, enhancing transparency for investors.

How many shares are currently outstanding for Asia Properties Inc.?

Asia Properties Inc. has 71,699,362 shares issued and outstanding as of the latest press release.

What are ASPZ's plans in the mining industry?

ASPZ is conducting due diligence to acquire gold mining claims in Nevada and Alaska, aiming to innovate using blockchain technology.

What recent share cancellation occurred for ASPZ?

ASPZ cancelled an additional 6,140,638 shares due to a Nevada court judgment.

How does ASPZ plan to utilize blockchain technology?

ASPZ intends to securitize gold mining assets through Initial Coin Offerings (ICOs) and Security Token Offerings (STOs), listing tokens on exchanges like Uniswap and Binance.