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Stock impact report

Asia Broadband Begins Strategic Development Of Silver-Backed Cryptocurrency, as Mining Operations Silver Production Expands and Silver Price Fundamentals Strengthen

ASIA BROADBAND INC (AABB) 
NASDAQ:AMEX Investor Relations: asiabroadbandinc.com/investor.html
Company Research Source: GlobeNewswire
LAS VEGAS, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company recently began the planning and development of a new silver-backed cryptocurrency token expected to be launched early next year. The Company’s continued increases in quarterly silver production, along with numerous silver market price growth fundamentals, led to management’s commitment to create a new silver-backed token. World governments’ inflationary policies and Samsung’s plans to mass produce a silver-based electric vehicle (EV) batteries are just a few of the major demand influences that are expected to drive a silver price rally for years to come. Furthermore, approximately half of the Company’s quarterly mining production is silver, which will expand immensely when the new ore stockpile processing plant begins throughput operations in Etzatlan, Mexico. AABB began the accumulation of silver bullion from its production in the third quar Show less Read more
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