AABB $0.02 PPS Positioned For Major Move Past $0.10 52 Week- High On Pending Announcement
January 22 2019 - 7:23AM
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).
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