Cryptocurrency

Asia Broadband (OTCMKTS: AABB) Major Reversal Brewing as Crypto Operator Launches its AABB Crypto Exchange & Continues Rollout of 200 Trading Pairs – MicroCap Daily


Asia Broadband (OTCMKTS: AABB) is one of the most exciting stocks in small caps that continues to be highly volatile in recent weeks since the Company launch of its cryptocurrency exchange within the AABB Wallet. The stock had a wild 2021 skyrocketing in February to $0.659 per share before coming back down and forming a base at a dime. In December the stock ran again to highs of $0.33 before coming back down to current levels giving speculators another chance to accumulate AABB at reasonable prices. Unlick almost all stocks on the OTC AABB is debt free and has $70 million in cash sitting in the treasury. The stock is also a staple among volume leaders on the exchange and from current levels has huge liquidity and legions of new shareholders accumulating, many of them powerful players in small caps who are looking for a return to previous highs for a start. Last month AABB signed a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. The Company came to terms with Martin Augusto Vallejo Lujambio for the 19.25-hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The Bonanza gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings. The total purchase price of the property is $6 million. 

AABB launched its cryptocurrency exchange within the AABB Wallet on December 28. In collaboration with the Company’s digital assets developer, the continued roll out of the Exchange components in the coming weeks will have 200 plus cryptocurrency Exchange trading pairs available on the BCGateway platform. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Last year the Company launched its ERC-20 token and the AABB Wallet during 2021 intruding its AABBG token’s initial release to the market that is backed by $30 million in physical gold the Company currently holds. The Company continues to generate money from the sales of AABBG Gold Token netting $1.1 million in the 30 days preceding November 15. Further token releases will continue to be backed 100% by additional physical gold acquired from the Company’s future mining production, gold purchased from cash reserves or credit. AABB’s primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets of North America and Europe and expand globally to other predominant and high growth market areas. We have previously reported on the Company’s sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, that netted them $82 million, which has funded all of this. 

Asia Broadband (OTCMKTS: AABB) operating out of Las Vegas, Nevada is a resource company focused on the production, supply and sale of precious and base metals. Last year AABB completed the sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, for $82 million, and the Company has used these resources to fund the launch of its new ERC-20 token. Currently AABB has $70,945,697 in the treasury which sets the Company above 99.9% of the exchange. Additionally, the Company has recently released its AABBG freshly minted mine-to-token gold-backed cryptocurrency backed 100% by $30 million in physical gold held by the Company in several high security, private locations in Mexico. AABB vision for its token it 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.  

The launch of the Company’s AABB Wallet in March 2021 introduced its AABBG token’s initial release to the market. Further token releases will continue to be backed 100% by additional physical gold acquired from the Company’s future mining production, gold purchased from cash reserves or credit. At today’s market price of gold, the one-tenth (0.1) gram of gold backing the AABBG token price is approximately $5.96 USD. The token price is tied to and supported by the Company at the market price of gold at a minimum. As the price of gold fluctuates, the minimum supported price of the AABBG token will increase or decrease. However, the potential upside price of the token will be driven by market demand after the Exchange launch.   

AABB is led by CEO & President Mr. Chris Torres a seasoned executive who spent more than a decade in leadership positions with Flex Mexico. Mr. Torres spent years working in corporate, operations, and manufacturing management. His ability to coordinate and integrate individuals’ strengths to maximize productivity has been demonstrated consistently throughout his career and will be a key asset to Asia Broadband’s operations. Along with his Bachelor of Arts Degree in Economics and a Master’s Degree in Finance from TEC de Monterrey, Mr. Torres possesses a flare for technology and has extensive cryptocurrency investment knowledge.

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On December 28 AABB reported the launch of its proprietary cryptocurrency exchange within the AABB Wallet. The launch marked the start of the initial phase of the Exchange roll out in the necessary process to ensure stability, proper functioning and integration of the various component modules. Exchange users will now be able to place buy and sell orders to execute cryptocurrency trades for the initial trading pairs available and familiarize themselves with the Exchange platform. AABB management and the development team are excited to have achieved the live activation of the Exchange today in this initial launch phase. 

For access to the Desktop version of the AABB Exchange please go to: https://aabbexchange.com/trade/. Then, on the right side of the monitor, click on “Log In or Register Now to trade”. Once you have clicked on it, you will see the Log In page for the web version of AABB Wallet. Access AABB Wallet on your mobile device, go to the “More” tab, click on “Web QR Access” and scan the QR Code on your monitor. Then, create a temporary password for your access. Once this all has been completed, you will then be connected to the AABB Exchange with your account. Once you have accessed your wallet, click on Trade in the Menu. There, you will see the Chart with the ability to place a Buy or Sell order. 

The following trading pairs are available for the holiday period: SHIB/AABBG and AABBG/USDT (ERC20). Major and popular cryptocurrency trading pairs will be added progressively to the Exchange in January. After the holiday period and in the weeks to follow, the Desktop version and the mobile applications of AABB Exchange will continue to be rolled out. Prior to the launch of the updated mobile applications, the purchase of AABBG tokens through the convert functionality will still be available. All users of AABB Wallet and AABB Exchange are asked to use the Help and Support menus on the site to communicate and provide feedback to the support team. 

In collaboration with the Company’s digital assets developer, the continued roll out of the Exchange components in the coming weeks will have 200 plus cryptocurrency Exchange trading pairs available on the BCGateway platform. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities have been added to expand functionality, usability, module additions and market penetration including the web version, Spanish language version and a new Exchange website. In January the Company incorporated additional trading pairs in its proprietary cryptocurrency exchange within the AABB Wallet.

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AABB is one of the most exciting stocks in small caps that continues to be highly volatile in recent weeks since the Company launch of its cryptocurrency exchange within the AABB Wallet. The stock had a wild 2021 skyrocketing in February to $0.659 per share before coming back down and forming a base at a dime. In December the stock ran again to highs of $0.33 before coming back down to current levels giving speculators another chance to accumulate AABB at reasonable prices. Unlick almost all stocks on the OTC AABB is debt free and has $70 million in cash sitting in the treasury. The stock is also a staple among volume leaders on the exchange and from current levels has huge liquidity and legions of new shareholders accumulating, many of them powerful players in small caps who are looking for a return to previous highs for a start. Last month AABB signed a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. The Company came to terms with Martin Augusto Vallejo Lujambio for the 19.25-hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The Bonanza gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings. The total purchase price of the property is $6 million. AABB launched its cryptocurrency exchange within the AABB Wallet on December 28. In collaboration with the Company’s digital assets developer, the continued roll out of the Exchange components in the coming weeks will have 200 plus cryptocurrency Exchange trading pairs available on the BCGateway platform. The Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Last year the Company launched its ERC-20 token and the AABB Wallet during 2021 intruding its AABBG token’s initial release to the market that is backed by $30 million in physical gold the Company currently holds. Further token releases will continue to be backed 100% by additional physical gold acquired from the Company’s future mining production, gold purchased from cash reserves or credit. AABB’s primary goal for the AABBG token is to become a worldwide standard of exchange that is secured and trusted with gold backing, by progressively expanding token circulation to the primary sales markets of North America and Europe and expand globally to other predominant and high growth market areas. We have previously reported on the Company’s sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, that netted them $82 million, which has funded all of this. We will be updating on AABB when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AABB.

Disclosure: we hold no position in AABB either long or short and we have not been compensated for this article.





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