2 years ago
Asia Broadband, Inc. (OTC:AABB) is simply a assets institution centered astir the production, supply, and merchantability of metals, focusing chiefly connected Asian markets. They get highly prospective golden projects successful Latin America and past administer accumulation passim their extended planetary income network.
Asia Broadband presently holds implicit $100 cardinal successful assets, a 500% summation from past year. The institution is trading successful consolidation mode and reached caller highs successful February, starring to the year-to-date banal being up implicit 1,500%.
Recently, the institution announced it had received $2.8 million. The root of their caller superior came from 4 directors of Asia Broadband for the acquisition of preferred shares.
The 28 cardinal non-convertible, preferred shares were issued astatine $0.10 per stock with each share, with 100 voting rights and adjacent information with communal shares for each aboriginal dividends.
Asia Broadband President and CEO Chris Torres purchased $2.4 cardinal of the full preferred stock issuance, stating: “Our full absorption squad is committed to the company’s maturation and profitability and we person emphatically demonstrated this with a important semipermanent concern to substance the enlargement of our golden accumulation and integer plus divisions. Our absorption and determination to win successful each country of the company’s concern has intensified present with our superior contribution.”
All superior received volition beryllium distributed among Asia Broadband’s superior enlargement programs.
On apical of their dealing with metals, Asia Broadband besides has aggregate integer plus sectors, including a integer plus wallet and a golden pegged integer asset.
AABB Wallet
Last year, Asia Broadband launched its ain integer plus wallet called the AABB Wallet. The wallet was designed to support your integer assets unafraid and your information private. The AABB Wallet collects nary data, and each transaction made done them is wholly invisible to 3rd parties.
The AABB Wallet is unfastened to trades and purchases for those looking to transportation AABB Gold tokens (AABBG) to different AABB Wallet users. This is done to summation AABB Gold token circulation and make gross to enactment and stabilize the token terms erstwhile AABBG is openly tradable.
The wallet has galore stand-out features that marque it a unsocial enactment amongst different integer plus wallets. This includes instantly sending and receiving integer assets with nary deposit fees and debased transaction fees. The iTransfer diagnostic allows users to securely nonstop AABB Gold and different integer assets via email, text, societal media, and more.
The wallet volition besides beryllium releasing a Merchant API diagnostic which volition let B2B and B2C transactions to beryllium made utilizing the AABB Wallet. This diagnostic volition let merchants to found loyalty programs portion besides letting customers gain cashback.
Finally, Asia Broadband is processing an online integer plus outgo processing solution allowing businesses to judge planetary integer assets from their site.
AABB Gold
The antecedently mentioned AABB Gold is Asia Broadband’s integer plus and is backed by carnal gold. Being pegged with golden allows the plus to payment from some golden and integer plus features, ensuring it volition support the imaginable for terms appreciation from some markets.
While AABB Gold is simply a accepted integer asset, it has the qualities of a stablecoin. The token’s terms is supported astatine a minimum of 0.1 grams spot terms of golden and is backed by $30 cardinal successful carnal gold.
AABB Gold’s astir unsocial facet that sets it isolated from different integer assets is its vertical integration of Mine-to-Token gold-backing. Asia Broadband holds carnal golden assets to wholly backmost the token from the mining accumulation conception of the company.
As the institution progresses, it volition proceed to optimize its superior utilization by implementing its mining accumulation and acquisition strategy successful regions of Mexico. Also, the company’s integer plus divisions similar the AABB Gold token, AABB Wallet, AABB Exchange and NFTs volition proceed expanding and processing astatine an accelerated complaint arsenic clip progresses.
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