AABB has continued this week's green surge into the early minutes of Wednesday's session.

StockWireNews

(AABB) Picks Up Where It Left Off Yesterday, Riding Green On Huge News This Week (Have You Seen It?)

November 30th

Greetings Readers,

AABB has continued this week's green surge into the early minutes of Wednesday's session.

After closing up 5% yesterday, AABB is making moves again this morning and for good reason...

On Tuesday morning, the company made this game-changing announcement: Asia Broadband Finalizes Milestone Production Agreement For Large-Scale Gold and Silver Ore Stockpile in Mexico

Additionally, AABB is holding strong above 4 lines of potential support which include its:

  • 5-Day Simple Moving Average (SMA)
  • 20-Day SMA
  • 5-Day Exponential Moving Average (EMA)
  • 13-Day EMA

If potential support continues to grow at these levels near term, it could become the building blocks for AABB to return to previous highs.

Take a moment now to read my initial AABB report below along with yesterday's huge news.

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Last week, I delivered two champs that ran approximately 43% and 18% short term.

The week before? A big 51% (approx.) short term mover.

And the week before that? Two different approximately 20% short term runners.

Solid stuff, but now I want you to turn your attention to something special trading on the OTC Markets.

Let me ask this, what do you know about nano-caps? In general, nano-caps have a market capitalization of less than $50Mn.

By identifying companies when they are still small, you can have the opportunity to witness the front end of a potentially massive growth curve.

Well, as of 11/29/22, this company has a market cap of less than $15Mn according to Yahoo Finance.

So when I saw them announce a finalized agreement for a large-scale gold and silver ore stockpile Tuesday morning, I knew I had to step on the gas to get you this report ASAP.

Plus, it doesn't hurt that this profile could have over 800% potential upside (to its 52-week high).

Now, do I expect an 800% move this week? No. But you need to soak in what this company has been up to in 2022 because they are looking to make a statement going into 2023 and beyond.

Ready to know who needs top spot on your watch-list Wednesday AM? Drop everything and pull up:

*Asia Broadband, Inc. (AABB)*

Asia Broadband Inc. is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets.

The Company has added a digital assets business segment with its AABBG freshly minted mine-to-token gold-backed cryp-to-currency within its AABB Wallet, a proprietary digital exchange AABBExchange and a proprietary cryp-to-currency payment gateway solution PayAABB.com.

And right now AABB has several potential catalysts that could provide it with a breakout spark in the near term. Check them out:

No. 1 - A Mind-Blowing Agreement Finalized For Large-Scale Gold And Silver Ore Stockpile

No. 2 - Company Looks To Double Their Net Assets To $200Mn!

No. 3 - The Unveiling Of NFT Project "Golden Baboons Mining Club"

No. 4 - Company Launches Game-Changing Digital Currency Payment Processing Solution

But more on those in a second...

A Driving Demand For Gold (1)

With centuries of history as a store of value in uncertain times, gold is experiencing high levels of demand.

Right now, gold is hovering in record-high territory. Demand for the asset jumped 12% year over year for the first half of 2022, according to a World Gold Council report. First quarter demand alone increased 34%, according to one estimate. This estimate is the highest quarterly demand increase the gold market has seen since 2018.

In consideration of global demand and limited supply, Goldman Sachs upped their forecast for the price of gold to hit $2,500 an ounce by year’s end.

There are several factors that have created an almost perfect storm for gold.

Record High Inflation: Inflation is at a 40-year high. Conflict in eastern Europe, snarled supply chains and China’s strict pandemic response continue to create incredible inflationary pressures. Gold has been a traditional hedge against inflation. When inflation rises, the value of the dollar goes down. Since gold holds its value, it costs more dollars per ounce to purchase. Therefore, the investor can preserve their total wealth.

Aggressive Interest Rate Hikes: With rising prices hurting every American, the Federal Reserve has made taming inflation their priority. To do so, they began a series of increasingly higher interest rate hikes in March. The hikes quickly grew steeper as inflation remained at historic heights.

The tap of “free money” that was helping prop up stock prices has been effectively turned off. Markets are experiencing some market volatility as a result. Some traders are now seeking gold’s intrinsic value and inherent stability.

Looming Recession: The Federal Reserve hopes to achieve a “soft landing,” contracting the economy just enough to tame inflation but not cause a recession. Major banks don’t share the Fed’s optimism. Their analysts currently predict that there is a 1 in 3 chance of a recession hitting. Historically, gold increases in value during a recession.

Central Bank Demand: In the second half of 2022, Goldman Sachs expects the demand for gold by central banks to reach a historically high level. Globally, banks have both strong diversification and geopolitical reasons to shift their reserves into gold. As the supremacy of the American dollar declines and foreign reserves become vulnerable to sanctions, central banks are looking toward gold to provide stability and security.

Upcoming Gold Production Report

Asia Broadband, Inc. recently completed a full quarter of production at its high-yielding Tequila Gold Mine Project in the Tequila region of Mexico. The production revenue for the 3rd quarter ending September 30, 2022, is in the process of being finalized and will be published in the coming weeks.

The Company is expecting the 3rd quarter production revenue to exceed the level recorded in the 2nd quarter, as the production facilities expansion is on going.

The Tequila production facilities upgrade program continues to progress towards an additional 50 tons per day production capacity. After the facilities retrofit is complete, the mill capacity will be 100 tons per day and double the current processing limit of 50 tons per day. Due to the extremely wet rainy season in the Tequila area in recent months, the delivery and installation and testing of the production processing equipment has been rescheduled for completion in January 2023.

In addition to the production increase from the mill retrofit, the Company is planning a large-scale expansion of its production and processing facilities to begin installation next year. Utilizing the advances in mining equipment automation and efficiency, the larger scale facilities will have significantly increased throughput and metals extraction. The added production volume at a lower cost per ton is expected to have a substantial impact on the Company’s gross profit margin going forward.

Our management team has been laser focused on its mining operations growth initiative to expand the Company’s primary business segment. We are proud of and excited with the progress our mining group has made this year, which has set the stage to achieve significantly higher levels of production in 2023," expressed Chris Torres, AABB President and CEO.

AABB continues to implement its mining property development and acquisition strategy to optimize capital utilization by focusing operations in regions of Mexico where AABB has a comparative advantage of development resources and expertise readily available for rapid expansion and duplication of the Company’s previous gold production success.

Grab More Company Details At Their Website.

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And as I mentioned previously, AABB has several potential catalysts to know right now. Check them out:

No. 1 AABB Potential Catalyst - A Mind-Blowing Agreement Finalized For Large-Scale Gold And Silver Ore Stockpile

Asia Broadband Finalizes Milestone Production Agreement For Large-Scale Gold and Silver Ore Stockpile in Mexico

LAS VEGAS, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has finalized the terms of a historic and long-term processing and production agreement for a large-scale gold and silver ore stockpile in Etzatlan, Jalisco, Mexico. AABB management is thrilled to release the news of this milestone event for the Company to it’s shareholder base and further details will be announced next week.

The new gold and silver production project is expected to be the largest high-yield asset addition for the Company to date in its strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings.

Read the full article here.

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No. 2 AABB Potential Catalyst - Company Looks To Double Their Net Assets To $200Mn!

Asia Broadband Mining Operations Growth Initiative Sets Path to Double Net Assets to $200Mn By 2024

LAS VEGAS, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is on track with its mining operations expansion initiative to realize substantially expanded production in 2023 and into the forthcoming years. Recent and planned acquisitions and additional processing facilities have laid the foundation to progress rapidly on a path of organic growth. Furthermore, as the Company continues to execute its business plans and increase revenues and net assets, management anticipates the market will acknowledge the share value in AABB. A major announcement supporting the Company’s path to growth is expected in the coming weeks.

With the mining operations expansion program in full swing now, our management group and mining team believe tremendous increases in production revenues are achievable next year and beyond that will take the Company to new levels. We are proud of and excited with the progress our mining group has made this year that has set the stage for strong organic growth going forward," stated Chris Torres, AABB President and CEO.

In addition to the growth of its mining business segment, the Company is currently broadening its digital asset division with significant additions and enhancements to improve product functionality, efficiency and feasibility. These upgrade, expansion and development events are expected to be rolled-out and announced as they become available in the coming weeks.

Read the full article here.

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No. 3 AABB Potential Catalyst - The Unveiling Of NFT Project "Golden Baboons Mining Club"

Asia Broadband Unveils New NFT Intellectual Property the Golden Baboons Mining Club

Company to Enter the High Growth NFT Market and Accelerate Digital Asset Expansion

LAS VEGAS, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that its recently created proprietary collection of Non-Fungible Token (“NFT”) renderings are in the final stages of development prior to release into the NFT marketplace. Over the past several months, AABB has been collaborating with Web 3.0 consultants to bring this project to life, now branded as the “Golden Baboons Mining Club.”

Management will continue to implement its NFT business plan and escalate the recently launched operations within the Company’s digital business segment. Additionally, the Web 2.0 to Web 3.0 expansion strategically positions AABB for growth in the coming years.

Since we are a gold mining company and also have our AABBG gold-backed digital token, it was a logical extension to develop an NFT project related to gold. Our primary goal with the NFT segment is to bring all the elements of AABB together to increase market awareness in an entertaining way with the creation of an endearing mascot-like character that embraces the spirit and community of all AABB followers. Consequently, we intend to build shareholder value and loyalty by positioning our own unique 'Baboon Army' in the NFT space as other company’s have done like AMC with its Ape ARMY,” expressed Chris Torres, AABB President and CEO.

The Golden Baboons Mining Club will be the initial NFT collection from AABB. Shareholders, token holders and followers of the Company can now stay current on the most recent NFT project developments by following our newly created twitter account at: https://twitter.com/GoldenBaboons

Additional project information will be rolled out in the coming days and weeks, which will include Q&A spaces on twitter, website launch, and pre-sale registration.

...

Read the full article here.

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No. 4 AABB Potential Catalyst - Company Launches Game-Changing Digital Currency Payment Processing Solution

Asia Broadband Launches Proprietary Cryp-to-currency Payment Gateway Solution PayAABB(dot)com

LAS VEGAS, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has now launched its proprietary cryp-to-currency payment processing solution PayAABB(dot)com. In collaboration with the Company’s digital assets developer, the initial release of PayAABB will be monitored, modified and expanded over the coming weeks to ensure stability, functionality and integration of the various component modules on a live basis. AABB management and the development team are proud and excited to have achieved the live activation milestone today with the launch of PayAABB, offering online businesses payment acceptance diversity while expanding the Company’s digital asset division.

PayAABB – A Cryp-to-currency Payment Gateway

A safe and easy way to accept over 400 cryp-to-currencies in your online store or offline business.

Our PayAABB Cryp-to-currency Payment Gateway was built with the core values of efficiency, anonymity and security. Our easy installation process takes less than one minute! This plugin allows you to easily accept not only Bit-coin, Bit-coin Cash, Lite-coin, and Eth-er-eum, but other valuable cryp-to coins by simply adding them to your merchant profile settings.

Try our user-friendly interface and fast payment features and increase customer retention by allowing cryp-to-currency payments within your business.

Benefits of PAYAABB:

  • Accept 400+ cryp-to-currencies, including Bit-coin, Eth-er-eum, Binance, US-DC and US-DT. ERC20 and BEP20 tokens are supported.
  • Platform is 99.95% secure, protected with a SSL certificate, Google 2FA, Google Authenticator and encrypted with other security features developed by AABB
  • Add PayAABB as a plugin in your existing online shop, use as an app when on the go
  • Customers can pay for products and services with cryp-to at retail locations
  • Instant confirmation after making a payment
  • Zero chargebacks
  • Accept payments for B2B and B2C transactions
  • Diverse methods of accepting payment for goods and services, consolidated under one merchant account
  • Keep the customer on your website, no redirection to third-party websites or iframes during checkout.
  • Keep your data safe, no need to give your customer’s data to a third party
  • No KYC or product restrictions
  • Peer-to-peer transactions
  • No additional setup costs
  • Lowest settlement fee of 1.5%
  • Supports cross-border transactions and instant payments
  • No restrictions on the plugin or your account
  • Access the dashboard to get detailed information about transactions
  • Ability to automatically exchange received cryp-to-currencies for a stable coin like US-DT or US-DC
  • Merchants can install the same plugin on any number of websites
  • Receive donations in any of the cryp-to-currencies

Read the full article here.

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AABB Recap - Key Potential Breakout Catalysts To Know Before Wednesday's Opening Bell

No. 1 - A Mind-Blowing Agreement Finalized For Large-Scale Gold And Silver Ore Stockpile

No. 2 - Company Looks To Double Their Net Assets To $200Mn!

No. 3 - The Unveiling Of NFT Project "Golden Baboons Mining Club"

No. 4 - Company Launches Game-Changing Digital Currency Payment Processing Solution

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Coverage is officially initiated on AABB. When time permits, do this:

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Get AABB on your radar now.

Sincerely,

Kai Parker

StockWireNews


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(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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