AABB Wallet
Search documents
Asia Broadband Completes Minting Of New Silver-Backed Cryptocurrency and Pre-Registration Availability Begins With New Wallet Launch Next Week
Globenewswire· 2026-02-04 13:00
Core Viewpoint - Asia Broadband Inc. has developed a new silver-backed token, AABBS, and completed its minting process, with pre-registration details to be announced soon alongside a new AABB Wallet release [1] Group 1: Company Developments - The company has increased its quarterly silver production, which aligns with the growth fundamentals in the silver market, prompting the creation of the AABBS token [2] - AABB has been accumulating silver bullion for two years to back the AABBS token, similar to its previous gold-backed AABBG cryptocurrency [2] - The company is evaluating the logistics for minting and distributing a special collection of physical silver coins to commemorate the AABBS token launch [3] Group 2: Market Context - Long-term economic conditions are expected to increase silver demand and support future price increases, making the timing for the AABBS token launch strategic [4] - Factors such as inflationary policies from world governments and Samsung's plans for silver-based EV batteries are anticipated to drive a silver price rally [2] Group 3: Company Overview - Asia Broadband Inc. focuses on precious metals production and the accumulation of physical gold and silver holdings, leveraging its geographic expertise and industry contacts in Mexico [5] - The company aims for its token to become a stable and trusted standard of exchange, with unique qualities compared to other cryptocurrencies [5]
Asia Broadband Corporate Update 2026: Precious Metals Rally Fuels Growth Momentum
Globenewswire· 2026-01-28 13:00
Mining Operations Update - The Etzatlan Plant will resume production on February 02, 2026, after repairs and improvements following flooding that halted operations in October 2025 [1] - From May to September 2025, the Company processed 34,500 tons at an average of 300 tons per day, generating a gross profit of $2,292,570 USD [2] - A new long-term processing agreement for a gold and silver ore stockpile in Etzatlán, Mexico, is expected to exceed $1 billion in value, marking the largest asset addition in the Company's history [4] - The Tequila Joint Venture saw increased production in 2025 due to improved recoveries and reduced costs, with expectations to maintain similar production levels [5] Technology and Facility Updates - The Phase 2 expansion of the Etzatlan Plant is delayed to integrate new rGO technology, with completion expected by May 2026 [3] - The rGO technology pilot plant is being fabricated off-site, with commissioning and testing anticipated by the end of March 2026 [12] - Live streaming camera feeds for real-time access to the processing plant are expected to launch by February 28, 2026, enhancing transparency [13][14] Digital Assets Operations - The new AABB Wallet is ready for launch in early February, rebranded for better market adoption [16][17] - The AABBG Token has migrated to the Algorand blockchain, with a current price of $16.68 USD, reflecting a nearly 200% increase over 60 months [18][19][20] - A silver-backed token (AABBS) is set to launch on February 10, 2026, amid increased market interest in silver [21] Marketing and Community Engagement - A comprehensive 2026 Digital Assets Marketing Campaign with a budget of over $1,200,000 USD will promote the new wallet and tokens [22][23] - The NFT initiatives continue to engage the community through events and storytelling, with two books released to enhance brand value [26][29] Legal and Corporate Developments - The Company has filed a federal lawsuit against market makers for securities fraud, seeking $250 million in damages [31][32] - Plans to elevate listing status to the OTCQB Venture Market are underway, driven by investor demand for enhanced transparency [33][34] Commemorative Initiatives - A commemorative silver coin program is being developed to celebrate key milestones and engage investors [36][37][38]
Asia Broadband’s Next-Generation AABB Wallet Is Complete and Ready For Release, With Launch Planned For Early February
Globenewswire· 2026-01-21 13:00
Core Insights - Asia Broadband Inc. has completed the development of its next generation AABB Wallet App, which is set for formal launch in the first week of February 2026 [1][2][3] Group 1: AABB Wallet App - The new AABB Wallet App underwent a complete redesign and rebranding to enhance functionality and speed, with plans for future feature additions [1][3] - The digital assets development team expressed excitement about the wallet's capability to grow alongside the company's expansion plans [3] Group 2: Corporate Updates - AABB will provide a corporate update next week, detailing the status of its various projects and corporate initiatives [2] Group 3: Company Overview - Asia Broadband Inc. focuses on precious metals production and the accumulation of physical gold and silver holdings, leveraging its geographic expertise and industry contacts in Mexico [4] - The company integrates its industry operations with a disciplined financial strategy to achieve sustainable long-term growth [4] - AABB also has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish its token as a stable and trusted standard of exchange [4]
Asia Broadband Inc. Pursues $250 Million Dollars In Total Damages From Market Makers In Federal Lawsuit Filed For Coordinated Market Manipulation and Securities Fraud
Globenewswire· 2026-01-13 13:00
Core Viewpoint - Asia Broadband Inc. has filed a federal civil lawsuit against Virtu Financial Inc., GTS Securities LLC, and G1 Execution Services LLC for securities fraud and market manipulation, seeking $250 million in damages [1][2]. Legal Action - The lawsuit, titled "Asia Broadband, Inc. v. Virtu Financial Inc. et al.," was filed on January 7, 2026, and includes 168 pages of supporting exhibits detailing systematic and unlawful trading practices aimed at suppressing AABB's share price and impairing its access to equity financing [2][4]. - The complaint cites evidence from Level II order-book video recordings, trade-tape analysis, and market data that demonstrate patterns of intentional market manipulation [3][4]. Impact on Shareholders - The actions of the defendants are claimed to have undermined market integrity, investor confidence, and materially harmed AABB and its shareholders by preventing the stock price from reflecting the company's fundamental performance and asset value [4]. Company Response - The President and CEO of Asia Broadband Inc. stated that the lawsuit represents a serious abuse of the trading system and emphasized the need for judicial review and regulatory scrutiny [5]. - The company is seeking injunctive relief, compensatory and punitive damages, and plans to refer its findings to the Securities and Exchange Commission and other regulatory authorities for further investigation [5]. Operational Continuity - Despite the ongoing litigation, Asia Broadband Inc. continues to execute its long-term growth strategy, which includes the expansion of its gold and silver ore processing facility and the advancement of mining concessions [6][7]. - The company is focused on strategic accumulation of physical gold and silver holdings, aiming for operational performance and long-term shareholder value [8]. Company Overview - Asia Broadband Inc. is a resource company focused on precious metals production and the accumulation of physical gold and silver holdings, leveraging its geographic expertise and industry contacts in Mexico [9]. - The company also has a digital assets segment, including a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [9].
Asia Broadband Corporate Update and Projects Status Scheduled For January 2026 and AABB Shareholders Merry Christmas
Globenewswire· 2025-12-17 13:00
LAS VEGAS, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company is set to release a corporate update in January 2026. After the holiday period and the New Year’s operations have provided clarity going forward, the Company will release a corporate update outlining the current status, timelines and expectations of all AABB’s mining and digital/cryptocurrency projects for 2026. “We are excited to continue our journey in the New Year ...
Asia Broadband Prepares For Minting Of New Silver-Backed Cryptocurrency, as Silver Price Record High Rally Continues
Globenewswire· 2025-12-03 13:00
Core Viewpoint - Asia Broadband Inc. is launching a new silver-backed cryptocurrency token, AABBS, in conjunction with the upcoming release of the AABB Wallet, driven by increasing silver production and market demand fundamentals [1][2]. Group 1: Silver-Backed Token Development - The company has developed a silver-backed token, AABBS, and is preparing for its launch and minting processes [1]. - Management's decision to create the AABBS token is influenced by rising silver production and favorable market conditions, including inflationary policies and increased demand from industries such as electric vehicle battery production [2]. - AABB has been accumulating silver bullion from its production to back the AABBS token, similar to its previous gold-backed cryptocurrency, AABBG [2]. Group 2: Market Conditions and Demand - Economic conditions are converging to create higher demand for silver, which is expected to lead to record silver prices in the coming years [3]. - The company's processing plant in Etzatlan, Mexico, is anticipated to significantly increase silver production, with approximately half of AABB's quarterly mining output being silver [2]. Group 3: Additional Offerings - Due to popular demand, the company is considering minting a special collection of physical silver coins to commemorate the AABBS launch [3]. - AABB aims for its token to become a stable and trusted standard of exchange, with unique qualities that differentiate it from other cryptocurrencies [4].
Asia Broadband Confirms Stock Dividend For July Shareholders of Record
Globenewswire· 2025-06-11 12:00
Core Points - Asia Broadband Inc. (AABB) announced a stock dividend of 1 share for every 35 shares owned, with a record date of July 10, 2025, distributing over 100 million restricted common shares [1] - The company is planning to approve and distribute quarterly or semi-annual stock dividends to reward its loyal shareholders [2] - AABB is in discussions for a large mining property acquisition and will provide further details soon [3] Company Overview - Asia Broadband Inc. focuses on precious metals production and physical gold holdings, leveraging geographic expertise and industry contacts to expand its operations in Mexico [4] - The company has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish a stable and trusted standard of exchange [4]
Asia Broadband Approves Shareholder Stock Dividend
Globenewswire· 2025-06-04 12:00
Core Points - Asia Broadband Inc. has announced a new stock dividend of 1 share for every 35 shares owned, totaling over 100 million restricted shares to be distributed [1][2] - The company is finalizing the dividend record date and distribution details with its transfer agent, with further announcements expected next week [1] - All past dividend shares submitted will be released from restrictions immediately [2] Company Overview - Asia Broadband Inc. focuses on the production of precious metals and the accumulation of physical gold holdings, leveraging geographic expertise and industry contacts to expand its operations in Mexico [3] - The company has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish a stable and trusted standard of exchange [3]
Asia Broadband Initiates New Approach Legal Action Program Against Market Makers For Price Manipulation
Globenewswire· 2025-05-28 12:00
Group 1 - Asia Broadband Inc. has initiated a new legal action program targeting current market makers for its shares on OTC Markets to combat price manipulation [1] - The company aims to compile historical trade and positions data to intensify legal actions against specific market makers [1] - Shareholder complaints indicate that AABB's share price has been subjected to long-term repression due to deceptive trading practices by certain market makers [1] Group 2 - Asia Broadband Inc. focuses on the production of precious metals and the accumulation of physical gold holdings, leveraging its geographic expertise and industry contacts in Mexico [2] - The company has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish a stable and trusted standard of exchange [2] - AABB's asset diversification and integration in the precious metals industry create distinctive value for shareholders [2]
Asia Broadband Announces Shareholder Tours Of The New Etzatlan Gold and Silver Ore Processing Plant Scheduled To Begin May 1st
Globenewswire· 2025-03-12 12:00
Group 1 - Asia Broadband Inc. will conduct shareholder tours at its new gold and silver processing facility in Etzatlan, Mexico, from May 1 to May 16, depending on registration demand [1] - The company aims to showcase the new processing facility as a major milestone and the beginning of a new growth phase for its operations, as stated by the President and CEO Chris Torres [2] - Asia Broadband focuses on precious metals production and physical gold holdings, leveraging geographic expertise and industry contacts to expand its operations in Mexico [3] Group 2 - The company differentiates itself through its unique asset diversification and integration within the Mexican market, creating distinctive value for shareholders [3] - Asia Broadband also has a digital assets segment, including a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [3]