Asia Broadband Inc. reports company developments across precious-metals mining, mineral processing and digital assets linked to physical bullion. News for AABB centers on its gold and silver operations in Mexico, including the Etzatlan processing facility, mining-asset expansion planning, production-line repairs, and the integration of reduced graphene oxide technology for gold recovery.
The company also announces product and platform updates tied to its precious-metal-backed digital asset strategy. Recurring topics include the GoldAxis wallet, the AABBG gold-backed token, the AABBS silver-backed token, multichain wallet functionality, physical bullion backing, and corporate updates on mining and cryptocurrency projects.
Asia Broadband Inc. (OTC: AABB) reported over $1 million in sales from its AABBG Gold Token within two weeks of its launch on March 22. The Company aims to establish AABBG as a globally recognized standard of exchange backed by physical gold. A proprietary cryptocurrency exchange is in development to enable users to trade AABBG with major cryptocurrencies, enhancing transaction fee revenues. The token sale is supported by $30 million in physical gold, with 5.4 million tokens available at a price tied to market gold rates, potentially increasing with demand.
Asia Broadband (OTC: AABB) has announced a 10% increase in its upcoming stock dividend, now set at 1 share for every 45 shares owned. This change was made in response to shareholder interest and is effective for those on record by May 3, 2021. The Company aims to reward loyal shareholders for their continued support. AABB specializes in the production and sale of precious metals, primarily targeting Asian markets, and has recently introduced a gold-backed cryptocurrency, AABBG, to enhance its business model.
Asia Broadband Inc. (OTC: AABB) has launched the AABB Gold (AABBG) cryptocurrency token. Users must update their AABB Wallet app and complete the KYC process to purchase tokens, which can be bought using major cryptocurrencies like Bitcoin and Ethereum. The initial release is backed by $30 million in physical gold, offering 5.4 million tokens at approximately $5.60 each. AABB aims to create a globally recognized gold-backed token standard and plans to develop a proprietary cryptocurrency exchange for enhanced user experience.
Asia Broadband (OTC: AABB) has announced the AABB Gold (AABBG) cryptocurrency wallet and token, backed 100% by physical gold totaling $30 million. The token release will feature approximately 5.5 million AABBG tokens, with its price linked to the market value of gold. Purchasers must use the AABB Wallet, which allows token purchase in exchange for major cryptocurrencies. Additionally, AABB is developing a proprietary cryptocurrency exchange to facilitate AABBG transactions. The goal is to establish AABBG as a globally trusted gold-backed standard.
Asia Broadband Inc. (OTC: AABB) has signed a Letter of Intent (LOI) to acquire a historic gold mine in Mascota, Jalisco, Mexico. The 200-hectare property includes two mine sites and a 50-ton per day processing facility. The estimated value of the property is $30 million. AABB is pursuing the acquisition to expand its gold production and holdings, with further due diligence underway. Additionally, the company plans to launch the AABB Wallet and AABB Gold token (AABBG) to enhance its market presence.
Asia Broadband Inc. (OTC: AABB) addresses shareholders about communication concerns with its service providers, emphasizing that they are not sources of public information. All inquiries should be directed to their new investor relations agency, to be announced soon. Additionally, the company is pursuing legal action against defamatory posts on social media. AABB is focused on producing and selling precious metals to Asian markets and is launching a gold-backed cryptocurrency intended to establish itself as a reliable standard in the crypto space.
Asia Broadband Inc. (OTC: AABB) announced a stock dividend of 1 share for every 50 shares owned, payable to shareholders on record by April 5, 2021. This decision aims to reward loyal shareholders amid growing public interest driven by the upcoming launch of the AABB Gold cryptocurrency token. Additionally, AABB will enhance its investor relations by engaging a new agency to manage communications effectively. The company focuses on precious and base metals distribution in Asian markets, leveraging its unique vertical integration strategy.
Asia Broadband Inc. (OTC: AABB) announced ongoing enhancements to its AABB Wallet applications ahead of the launch of its gold-backed cryptocurrency, AABB Gold token (AABBG). The applications, which will provide real-time exchange rates for gold, are in final testing stages due to overwhelming public interest. The launch has been pushed to March, with expanded processing capabilities and support systems being established. AABB aims for the AABBG token to become a global standard for gold-backed cryptocurrency transactions, targeting high-growth markets like China.
Asia Broadband Inc. (OTC: AABB) announced the completion of its AABBGoldToken.com website by Core State Holdings, Corp. This site will serve as a hub for information on the upcoming AABB Wallet and Gold token, which is set to launch soon. The AABB Wallet apps are nearing completion, featuring an API for real-time gold exchange rates tied to the AABB Gold token. The company aims to establish the AABBG token as a globally recognized gold-backed currency and plans to implement cryptocurrency exchanges shortly after the launch, facilitating trading with major cryptocurrencies.
Asia Broadband Inc. (OTC: AABB) has announced the completion of the AABB Wallet development by Core State Holdings, which is currently testing both iOS and Android platforms. The AABB Gold (AABBG) token has been created, aimed at enabling purchases through the wallet. The company plans to launch the token in the coming weeks, targeting markets like India and China, leveraging their demand for gold and digital currencies. Additionally, an economic algorithm has been established to enhance token access and stimulate B2B transactions, aiming to diversify revenue through monetizing gold assets.