Asia Broadband Initiates New Approach Legal Action Program Against Market Makers For Price Manipulation
Asia Broadband (OTC: AABB) has launched a new legal action program targeting specific market makers on OTC Markets suspected of price manipulation. The company is adopting an alternative approach to gather historical trade and position data to strengthen their legal case. This initiative comes in response to numerous shareholder complaints alleging that AABB's share price has been artificially suppressed through deceptive trading practices by certain market makers. The company aims to eliminate price manipulation and ensure fair market price determination for its shares.
Asia Broadband (OTC: AABB) ha avviato un nuovo programma legale rivolto a specifici market maker su OTC Markets sospettati di manipolazione dei prezzi. L'azienda sta adottando un approccio alternativo per raccogliere dati storici di scambi e posizioni al fine di rafforzare il proprio caso legale. Questa iniziativa nasce in risposta a numerose lamentele da parte degli azionisti che accusano una soppressione artificiale del prezzo delle azioni AABB tramite pratiche di trading ingannevoli da parte di alcuni market maker. L'obiettivo dell'azienda è eliminare la manipolazione dei prezzi e garantire una determinazione equa del valore di mercato delle sue azioni.
Asia Broadband (OTC: AABB) ha iniciado un nuevo programa legal dirigido a determinados creadores de mercado en OTC Markets sospechosos de manipulación de precios. La compañía está adoptando un enfoque alternativo para recopilar datos históricos de operaciones y posiciones con el fin de fortalecer su caso legal. Esta iniciativa responde a numerosas quejas de accionistas que alegan que el precio de las acciones de AABB ha sido artificialmente reducido mediante prácticas comerciales engañosas por parte de ciertos creadores de mercado. La empresa busca eliminar la manipulación de precios y asegurar una determinación justa del precio de mercado de sus acciones.
Asia Broadband(OTC: AABB)는 OTC Markets에서 가격 조작이 의심되는 특정 마켓 메이커를 대상으로 새로운 법적 조치 프로그램을 시작했습니다. 회사는 법적 소송을 강화하기 위해 과거 거래 및 포지션 데이터를 수집하는 대체 방식을 채택하고 있습니다. 이 이니셔티브는 일부 마켓 메이커의 기만적 거래 관행으로 인해 AABB 주가가 인위적으로 억제되었다는 다수 주주들의 불만에 대응하기 위한 것입니다. 회사는 가격 조작을 근절하고 공정한 시장 가격 책정을 보장하는 것을 목표로 하고 있습니다.
Asia Broadband (OTC : AABB) a lancé un nouveau programme juridique ciblant certains teneurs de marché sur OTC Markets suspectés de manipulation des prix. La société adopte une approche alternative pour collecter des données historiques de transactions et de positions afin de renforcer son dossier juridique. Cette initiative fait suite à de nombreuses plaintes d'actionnaires affirmant que le cours de l'action AABB a été artificiellement maintenu à un niveau bas par des pratiques de trading trompeuses de certains teneurs de marché. L'objectif de la société est d'éliminer la manipulation des prix et d'assurer une détermination équitable du prix du marché de ses actions.
Asia Broadband (OTC: AABB) hat ein neues rechtliches Vorgehen gegen bestimmte Market Maker auf OTC Markets eingeleitet, die verdächtigt werden, Preise zu manipulieren. Das Unternehmen verfolgt einen alternativen Ansatz, um historische Handels- und Positionsdaten zu sammeln, um seinen Rechtsfall zu stärken. Diese Initiative erfolgt als Reaktion auf zahlreiche Aktionärsbeschwerden, die behaupten, der Aktienkurs von AABB sei durch täuschende Handelspraktiken bestimmter Market Maker künstlich gedrückt worden. Ziel des Unternehmens ist es, Preismanipulationen zu beseitigen und eine faire Marktpreisfindung für seine Aktien sicherzustellen.
- Company taking proactive legal action to protect shareholder interests
- Implementation of new approach to gather trading data for evidence
- Commitment to ensuring fair market price determination
- Ongoing alleged price manipulation affecting share value
- Potential lengthy legal proceedings with uncertain outcomes
- Current share price potentially not reflecting true market value due to manipulation
LAS VEGAS, May 28, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) announced today that the Company has initiated a new legal action program targeting some of the current market makers for AABB shares on OTC Markets. AABB is taking an alternative approach to compiling historical trade and positions data to further define and intensify the legal actions against certain market makers going forward. The Company is determined to expose and eliminate price manipulation in the AABB daily trading market and allow for fair price determination. Many shareholder complaints have been received expressing that AABB’s share price has been subjected to long-term repression by obvious, false and deceptive trading practices perpetrated by specific market makers on a daily and continuous basis. Further information will be released as it becomes available on the new market maker legal action program.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a 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 facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG mine-to-token gold-backed cryptocurrency within its own proprietary AABB Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. 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. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.
| Contact the Company at: | |
| General Email: | ir@asiabroadbandinc.com |
| Token Support: | support@aabbgmine2token.com |
| Company Websites: | www.asiabroadbandinc.com |
| www.aabbgmine2token.com | |
| www.goldenbaboons.com | |
| Phone: | 702-744-4785 |
Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. 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. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
FAQ
What legal action is AABB taking against market makers in 2025?
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