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.
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