Wall Street Signals: Asia Broadband Poised For Growth in 2021 From Strong First Quarter Foundation

Asia Broadband Poised For Growth in 2021 From Strong First Quarter Foundation




Asia Broadband Inc. (OTC: AABB) is pleased to announce the publishing of the Company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments of the Company.

Less than two months ago, the Company launched its AABBG gold-backed cryptocurrency token sales and has accumulated approximately $1.5 million in cryptocurrencies. Recently, AABB hired a marketing firm that has now designed an international marketing campaign to proliferate brand exposure, increase token sales and AABB Wallet transactions and amplify public and investment community awareness of the Company. The campaign roll-out will begin next week and is expected to build substantial momentum over the next 3 months, as AABB’s own proprietary cryptocurrency exchange nears completion and launch. The exchange will add tremendously to transaction fee revenues and allow for the price appreciation of AABBG above the minimum supported and the gold-backed spot price of .1 grams of gold per token.


Asia Broadband Inc. (OTC: AABB) In the main quarter of this current year, the Company started the evaluations and arrangements of a few gold mining projects as forthcoming high return resource augmentations in the Company's essential development drive to obtain gold creation and increment the AABB's actual gold possessions. Until this point, the board is excited with the activities' potential for a fast turn of events, high creation, and low working expenses. All endeavors are in progress to speed up the procurement cycles to quickly progress AABB into gold creation and start development programs. The Company expects to arrange complete arrangements to obtain the mines and properties soon resulting in penetration testing, measures, and further due ingenuity.

On an administrative note, AABB would like to provide an update to its loyal shareholders regarding the restricted share dividend.

CEO Chris Torres states, “Our transfer agent confirmed recently that restricted share dividends can take longer to process than ordinary free trading shares. This is due in part to some brokerage firms not allowing restricted shares in accounts, thus requiring physical share certificates to be printed and mailed. As these special dividend shares aren’t freely tradeable, the sense of urgency is not as high with Depository Trust Company ("DTC") and the brokerage firms to complete the process. On May 12, 2021, DTC requested the additional shares needed to fulfill the dividend obligations. The dividend distribution process is still underway and is very much not on hold, as some have speculated.”

About Asia Broadband

Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply, and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience, and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.

Contact the Company at: InvestorBrandNetwork
Company Website: www.asiabroadbandinc.com
Token Website: www.AABBGoldToken.com
Phone: 702-866-9054