LAS VEGAS, Jan. 18, 2023 (GLOBE NEWSWIRE) — Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company has been pursuing the expansion of its cryptocurrency and digital assets business in Central America with a focus on integrating operations within Bitcoin City. AABB has held discussions with numerous commercial interests in El Salvador and the Company expects to finalize terms of several agreements to accelerate business development and establish an operational presence in Bitcoin City.
In 2021, AABB established a corporate presence subsidiary and satellite office in El Salvador to serve as the Company’s Central and South American operations hub. Since that time, the business development and marketing facility team has continued to form a foundation by building demand for the AABBG token, AABB Wallet and Exchange in Latin America. El Salvador’s adoption of and movement toward Bitcoin as the country’s legal tender has paved the way to a cryptocurrency-focused economy, creating tremendous growth opportunities for well positioned companies like AABB.
“We have been moving forward tremendously over the past year to build out our digital assets operations in Central America and Bitcoin City is a key path to our expansion. Our exploration of opportunities in the area has led us to consider interests in geothermal powered cryptocurrency mining. El Salvador continues to lead the way maintaining its pioneering and clear vision of the centrality that cryptocurrencies will have in our lives in the very near future,” expressed Chris Torres, AABB President and CEO.
https://www.dezeen.com/2022/05/12/bitcoin-city-el-salvador-president-nayib-bukele/
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. Additionally, the Company has added a digital assets business segment with its AABBG freshly minted mine-to-token gold-backed cryptocurrency within its AABB Wallet, a proprietary digital exchange AABBExchange and a proprietary cryptocurrency payment gateway solution PayAABB.com. AABB expects its token 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.
Contact the Company at:
General Email: ir@asiabroadbandinc.com
Exchange Support: https://aabbexchange.com/faq/
Token Support: https://aabbgoldtoken.com/faq/aabb-wallet/
www.AABBGoldToken.com/support/
Company Websites: www.asiabroadbandinc.com
www.AABBExchange.com
www.AABBGoldToken.com
www.PayAABB.com
Phone: 702-866-9054
Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.’s (the “Company”) expected current beliefs about the Company’s business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change.
Related Quotes
It seems like every day there's a new story of layoffs featuring cryptocurrency exchanges, Bitcoin (CRYPTO: BTC) mining companies, or financial services firms involved with crypto assets. The story here is very simple: The crypto market implodes in 2022, the onset of crypto winter begins, and companies struggling for survival begin mass layoffs. After the meltdown of crypto exchange FTX (CRYPTO: FTT), regulators have little to no patience with the bad actors and scam artists who somehow found a home in the crypto industry.
Profit from folly. Don’t participate in it.
Let's talk about a hot stock in the tech industry that's flying under the radar. There may be pizza and a movie at the end.
In this article, we will take a look at the 10 dirt cheap stocks to buy. To see more such companies, go directly to 5 Dirt Cheap Stocks To Buy. Amid a disastrous 2022 some analysts and market pundits are predicting a market rebound in late 2023 or 2024. Historically, market declines have given a […]
The only single-ticker investment that this Fool would trust with his entire life savings might surprise you.
With the market selling off over the past year, many stocks are cheaper than they were. However, some stand out because they're ridiculously cheap compared to their peers. Right now, two stocks with absurdly low valuations are Energy Transfer (NYSE: ET) and Medical Properties Trust (NYSE: MPW).
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has made millions for his early investors. A $1,000 investment in Berkshire stock in 1965, when Buffett took control of the company, would have grown to more than $36 million in 2021 if the investor remained invested. Among Berkshire's largest holdings, there are a few that stand out for their durable brands and competitive strengths.
Dow Jones futures: Tech stocks are reviving, leading Friday's market rally. Tesla and Boeing headline market-moving earnings reports on tap.
Kinder Morgan (NYSE: KMI) formed a new business unit in 2021 to capitalize on commercial opportunities as the global economy transitions to lower-carbon energy. The initial focus of its new Energy Transition Ventures group has been building a renewable natural gas platform. It has also been evaluating opportunities in other sectors, including carbon capture, utilization, and sequestration (CCUS).
Why settle for average returns when you can earn more with growth stocks? These companies consistently exceed industry averages in revenue and earnings, making them a smart choice for your investment portfolio in 2023.
If you want $10,000 in passive income in 2023, it's possible to do so by investing a total of $110,000 in these high-yield dividend stocks. As a BDC, Ares provides financing to small to medium-sized businesses. The company must return at least 90% of its taxable income to shareholders in the form of dividends.
DNB Asset Management increased positions in Tesla and Plug Power, while slashing its stake in General Motors in the fourth quarter.
These best-of-breed names belong to a select group of 48 companies that have raised their dividends for at least 50 consecutive years.
Tough times are coming — but that doesn't mean you can't make money.
(Bloomberg) — The pause in the stock market’s strong start to 2023 underscores the main question vexing much of Wall Street: When will it be safe to start buying again? Most Read from BloombergPrince Andrew and Virginia Giuffre Photo Is Fake: Ghislaine MaxwellHolmes Belongs in Prison, Not $13,000-a-Month Manor, US SaysInvestors Aren't Sure When to Dive Back Into US Stock MarketChina Says Covid Deaths Top 12,600 and More Than 1 Billion InfectedTen People Killed in Mass Shooting Near Los AngelesY
‘Both are insistent that I'm taking money that is morally theirs. There's no changing their mind.’
The government is in a doom spiral of spending and borrowing
Nvidia is a giant in data centers and gaming, but semiconductor companies are bracing for a bumpy 2023. Is Nvidia stock a buy right now? Recently, World Semiconductor Trade Statistics predicted that chip sales will decline 4.1% in 2023.
The boom in special purpose acquisition companies (SPACs) and flurry of initial public offerings (IPOs) in 2020 and 2021 produced a lot of public companies that are starting to run into serious financial trouble in this difficult economic environment. Banking disruptor SoFi Technologies (NASDAQ: SOFI) was a product of the SPAC boom, and like many of its fellow ex-SPACs, its stock has performed poorly — down about 79% from the peak. In addition to the general cooling off of high-growth stocks, investors are frustrated that SoFi's core student loan refinancing business remains at a virtual standstill, and there are worries that higher interest rates could hurt its lending operations, by far the more profitable side of the business.
Indeed, today's market environment allows investors to buy high-quality stocks at a significant discount. Investors may want to rethink their positions in the three stocks described below. Justin Pope (Nvidia): Semiconductors are becoming increasingly important in a world that is ever more reliant on technology.
How To Make Huge Profits In A Short Time With CryptoGet detailed training system that shows an absolute beginner (without any skill) how to make huge profits in a short time with crypto.
Crypto + NFT Quick Start CourseThe #1 course for profit in the Crypto & NFT world - You will discover the secrets that 99% of people don’t know yet
