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AABB Asia Broadband Inc (PK)

0.02045
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Asia Broadband Inc (PK) USOTC:AABB OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.02045 0.0203 0.0228 0.00 13:10:39

AABB $0.02 PPS Positioned For Major Move Past $0.10 52 Week- High On Pending Announcement

22/01/2019 12:23pm

InvestorsHub NewsWire


New York, NY -- January 22, 2019 -- InvestorsHub NewsWire -- Asia Broadband Inc. (USOTC: AABB) is an undervalued precious metals resources company filling a unique niche connecting Mexican resources to overwhelming Asian demand.  The company is undervalued based on fundamental financial performance.  AABB has posted a 1000% increase in gross profit through the third quarter of 2018 reporting almost $3 million in gross profit compared to $277,000 in gross profit for the entire previous year.  The company is also reporting nearly $2 million in cash on its balance sheet.  The current AABB PPS is about $0.02 with a 52-week high PPS for AABB is $0.10.  The PPS is likely to rapidly rebound past its 10 week high on pending news.  Results from a new drilling program are expected this month and the annual report filing should light this stock on fire.

About Asia Broadband Inc. - through its wholly owned subsidiary Asia Metals Inc., 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 Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.

NextBigTicker also follows Lithium Exploration Group, (LEXG), Kali-Extracts, (KALY) and Generex Biotechnology, (GNBT).

Disclaimer: 

NextBigTicker.com (NBT)is a third party publisher and news dissemination service provider. NBT is NOT affiliated in any manner with any company mentioned herein. NBT is news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. NBT's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or opinion of the writer. NBT is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. NBT has not been compensated for this release and HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Source: www.nextbigticker.com


 

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