Asia Broadband Inc.’s (AABB) Strong Q1 2021 Balance Sheet Sets Foundation for Robust Performance, Fulfillment of Strategic Goal

June 4, 2021 06:09:40
  • Asia Broadband recently released Q1 2021 results featuring a strong balance sheet as indicated by over $100 million in total assets, an increase of 283% from a similar period last year
  • The results signal AABB’s highly liquid position to fully fund and rapidly grow its gold mining and cryptocurrency operations
  • AABB intends to acquire high-yield gold mining assets to increase its physical gold holdings
  • AABB recently hired a marketing firm to design an international marketing campaign to be rolled out in May
Asia Broadband (OTC: AABB), a company that utilizes its specific geographic expertise, experience, and extensive industry contacts to facilitate its innovative distribution process from the production and supply of base and precious metals in Mexico to its client sales networks in Asia, recently published its Q1 2021 results, featuring positives, including a highly liquid financial position, that set a strong foundation for growth in 2021 (https://ibn.fm/1nVtj). As part of the published Q1 2021 results for the three months ending March 31, 2021, AABB’s balance sheet featured $106.4 million in total assets, compared to $27.8 million reported for Q1 2020 and a total of $48.7 million reported for the FY 2020, marking a… Read More>> NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB About MiningNewsWire  MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office Editor@MiningNewsWire.com MiningNewsWire is part of the InvestorBrandNetwork.