Asia Broadband Updates Auditor Status For Uplist Qualification
February 04 2021 - 12:30PM
InvestorsHub NewsWire
LAS VEGAS, NV -- February 4, 2021 -- InvestorsHub NewsWire
-- Asia Broadband Inc. (OTC
: AABB) announced today that the Company has been
engaged with Turner, Stone & Company, LLP and is working
through the auditing processes. AABB’s primary goal is to
facilitate the auditor to produce the Company’s audited financial
statements that are required to apply for an uplisting as soon as
possible.
After achieving numerous operational objectives up to the
closing of 2020 and early into this year, AABB has streamlined
operations to allow for greater focus on advancing the audit
processes. AABB recently completed the sale of its mining
operations in the Guerrero Gold Belt (GGB), Mexico, for $82
million, further validating the Company’s development achievements.
Thereafter, the Company pivoted operations to leverage its
resources and experience to duplicate its successful GGB mining
operations expansion model on its high potential Colima, Mexico,
gold property. Additionally, the Company has allocated $10 million
for the initial phase development program to accelerate operations
and expansion toward production at the Colima property. The
construction of exploration and development facilities and
infrastructure roads has already begun as part of the first phase
development program.
About Asia Broadband
Asia Broadband Inc. (OTC
: AABB), 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 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. AABB also is releasing a
freshly minted mine-to-token gold-backed cryptocurrency and expects
to become a world-wide standard of exchange that is secured and
trusted with gold backing, an outstanding quality relative to other
cryptocurrencies. Visit www.AsiaBroadbandInc.com for more info.
Investor Relations & Financial Media
Integrity Media Inc.
team@integritymedia.com
Toll Free: (888) 216-3595
www.IntegrityMedia.com
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.
Asia Broadband (PK) (USOTC:AABB)
Historical Stock Chart
From Feb 2024 to Mar 2024
Asia Broadband (PK) (USOTC:AABB)
Historical Stock Chart
From Mar 2023 to Mar 2024