AABB BREAKOUT ALERT - PPS Pushing Past $0.034 200 MA Heading To $0.10 52 Week High Breakthrough
January 23 2019 - 10:04AM
InvestorsHub NewsWire
New York, NY -- January
23, 2019 -- InvestorsHub NewsWire -- Asia Broadband Inc. (USOTC:
AABB) is experiencing a technical breakout in response to
pending news with the PPS now pushing past its $0.034 200 moving
average (MA). The PPS is likely to soon rebound past its
$0.10 52-week high with upcoming news that makes the market fully aware
of the company’s stellar 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.
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).
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