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Major Move on AABB (Asia Broadband) As Company Launches AABB Gold Token (AABBG) an ERC-20 Token on Ethereum Blockchain

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AABB (Asia Broadband) is making powerhouse move up the charts in recent months skyrocketing out of the double zeroes to recent highs of $0.234 quickly gaining the attention of investors who have been heavily accumulating in recent days. On Tuesday alone AABB traded $70 million in dollar volume. The stock started its move last July in the double zeroes and MIcrocapdaily was there reporting on the story. AABB is making an enormous move as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than AABB has. AABB has massive liquidity, legions of new shareholders and significant developments driving this run. 

There is a lot to get excited about on AABB as the Company prepares to launch its AABB Gold token (AABBG) an ERC-20 token on Ethereum blockchain. AABB’s primary goal for the token is to become a world-wide standard of exchange that is secured and trusted with gold backing, by expanding circulation targeting large population and high growth markets globally including India and China. Asia Broadband is doing big numbers already; (unaudited) on January 28, AABB reported it is in the process of finalizing its financial results for the year ending December 31, 2020, and has confirmed an all-time high annual gross profit of $16 million. The achievement of this milestone affirms the Company’s successful mining operations established in 2020. Subsequent to the closing the 2020 year-end, AABB completed the sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, for $82 million, further validating the Company’s development achievements. AABB thereafter shifted its focus to leverage its resources and experience to duplicate its successful GGB mining operations expansion model on its high potential Colima, Mexico, gold property. AABB is trying to up list its shares recently reporting the Company has been engaged with Turner, Stone & Company, LLP and is working through the auditing processes. Asia Broadband’s primary goal is to facilitate the auditor to produce the Company’s audited financial statements that are required to apply for an uplifting as soon as possible. 

Asia Broadband Inc. (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.  

Microcapdaily first reported on AABB on July 8, 2020 when the stock was trading in the double zeroes stating at the time: “Asia Broadband Inc. (OTCMKTS: AABB) is moving up the charts on a surge of volume quickly attracting a fast-growing shareholder base who is bidding the stock higher. The move up comes after the Company filed this attorney’s letter which stated: “(Company) is actively engaged in small scale mining in Mexican and mines precious and base minerals which are sold mostly to Asian markets.  As of December 31, 2019, the Company’s financial statements indicated that it had current assets of $15,154,716 with total assets of $24,708, 201 and total liabilities of $1,454,470.  The Issuer reported net income of more than $5 million dollars for the year ended December 31, 2019 and reported gross revenues of $6.7 million.” 

Investor sentiment in AABB is high:

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AABB

Asia Broadband is doing big numbers already; on January 28, AABB reported it is in the process of finalizing its financial results for the year ending December 31, 2020, and has confirmed an all-time high annual gross profit of $16 million. The achievement of this milestone affirms the Company’s successful mining operations established in 2020. 

Subsequent to the closing the 2020 year-end, AABB completed the sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, for $82 million, further validating the Company’s development achievements. AABB thereafter shifted its focus 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. AABB’s strategic growth focus has allowed the Company to capitalize on a unique ability to connect mineral resources in Mexico with a high resource demand and abundant investment capital in Asia. 

On February 16 AABB announced cryptocurrency wallet and token developer Core State Holdings, Corp. (CSHC) has completed the AABBGoldToken.com website for the Company. The token website will be the go-to knowledge base for all information concerning the soon-to-be launched AABB Wallet and AABB Gold token (AABBG). CSHC has confirmed that the iOS and Android AABB Wallet applications are in the final stages of testing, with an API currently being implemented allowing for users to see the real-time exchange rate of gold; which will be tied to the price of the AABB Gold token set at one-tenth of a gram or approximately $5.80 USD. 

Additionally, CSHC has completed development of the algorithm and mechanism for the exchange of the AABB Gold token for other major cryptocurrencies. CSHC will commence the creation of the cryptocurrency exchange shortly after the exchange rate API has been implemented. This cryptocurrency exchange will allow users to quickly exchange their AABB Gold tokens for cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. In the future, CSHC plans to implement a crypto-to-FIAT exchange; allowing for users to exchange the cryptocurrencies for FIAT currencies such as USD, EUR or CAD. 

The Company is now is in the final stages of collaboration with CSHC to complete a marketing strategy and campaign surrounding the AABB Gold token, AABB Wallet and expansion of the corporate brand. The marketing efforts are aimed to expand brand exposure and reputation, increase the use of the AABB Gold token and the AABB Wallet, and amplify general public and investment community awareness of the Company. To date, the Company has been very encouraged by the robust interest in the AABBG token from the general public and AABB community. 

AABB’s primary goal for the token is to become a world-wide standard of exchange that is secured and trusted with gold backing, by expanding circulation targeting large population and high growth markets globally including India and China. The economic fundamentals of India’s high demand and interest in physical gold and China’s expanding use of its national digital currency and digital wallets could naturally lend themselves to the future use of the AABB Gold token. Strategically positioned as a revenue diversification and awareness project, the AABB Gold token will create liquidity and monetize physical gold holdings and future gold production. The Company expects to go live with the launch of its AABB Gold (AABBG) token next week. 

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AABB (Asia Broadband) is making powerhouse move up the charts in recent months skyrocketing out of the double zeroes to recent highs of $0.234 quickly gaining the attention of investors who have been heavily accumulating in recent days. On Tuesday alone AABB traded $70 million in dollar volume. The stock started its move last July in the double zeroes and MIcrocapdaily was there reporting on the story. AABB is making an enormous move as a new era of penny stock speculators fueled by robinhood and its 100 million new trading accounts take on the bulletin boards. These are different times than just a few short years ago; now penny stocks such as TSNP can achieve a $6 billion plus market valuation and trade $375 million in dollar volume in a day on the bulletin boards. And TSNP has no stronger fundamentals than AABB has. AABB has massive liquidity, legions of new shareholders and significant developments driving this run.  There is a lot to get excited about on AABB as the Company prepares to launch its AABB Gold token (AABBG) an ERC-20 token on Ethereum blockchain. AABB’s primary goal for the token is to become a world-wide standard of exchange that is secured and trusted with gold backing, by expanding circulation targeting large population and high growth markets globally including India and China. Asia Broadband is doing big numbers already; (unaudited) on January 28, AABB reported it is in the process of finalizing its financial results for the year ending December 31, 2020, and has confirmed an all-time high annual gross profit of $16 million. The achievement of this milestone affirms the Company’s successful mining operations established in 2020. Subsequent to the closing the 2020 year-end, AABB completed the sale of its mining operations in the Guerrero Gold Belt (GGB), Mexico, for $82 million, further validating the Company’s development achievements. AABB thereafter shifted its focus to leverage its resources and experience to duplicate its successful GGB mining operations expansion model on its high potential Colima, Mexico, gold property. AABB is trying to up list its shares recently reporting the Company has been engaged with Turner, Stone & Company, LLP and is working through the auditing processes. Asia Broadband’s primary goal is to facilitate the auditor to produce the Company’s audited financial statements that are required to apply for an uplifting as soon as possible.  We will be updating on AABB when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AABB.

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Disclosure: we hold no position in AABB either long or short and we have not been compensated for this article.

Media & Technology

Global Tech Industries Group Inc (GTII) rally could be just getting started

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Small-cap stocks have seen a significant increase in the first weeks of January, a trend that is often seen at the start of a new year. This presents an opportunity for investors to capitalize on the surge before it dissipates. The Russell 2000 index, which follows small-cap stocks, has shown a 7.4% increase as of Monday’s close, outperforming the large-cap Russell 1000, which has risen by 5%, and the S&P 500, which has increased by 4.5%.

The “January Effect” rally, where small caps surpass large caps, is a common phenomenon. One such stock that may be benefitting from this January effect is GTII. Global Tech Industries Group Inc (GTII) last traded at $1.86 and closed with double-digit gains of 11.08%.  GTII has a 52-week range of $0.4302 – $8.9700, suggesting a tremendous upside potential from the current levels.

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What caused the surge in GTII share prices?

For the uninitiated,  Global Tech Industries Group, Inc. (OTCQB: GTII) is a Nevada-based public company focused on acquiring cutting-edge technologies. Last week, GTII announced Board appointed Donald Gilbert to lead a newly created task force that will investigate illegal trading in GTII’s shares. The task force will be responsible for examining and assessing the possibility of illegal and deceptive trading practices by various market players, including market makers, brokers, and hedge funds. In addition, the task force will also advise the Board on potential legal actions against market participants suspected of engaging in unlawful trading activity concerning GTII’s shares. Based on its initial assessment, the task force will also advise the Board on presenting evidence of potential illegal trading activity concerning GTII’s shares to relevant government and regulatory agencies. In essence, Mr. Gilbert will lead the efforts necessary for safeguarding the interests of GTII’s shareholders.

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Creatd, Inc.(OTCQB: CRTD) announced today that it had extended the no-shop period in its Letter of Intent with Global Tech Industries Group, Inc. (GTII) for its planned acquisition. Although there’s no guarantee a deal will be reached, both firms continue to evaluate the deal through due diligence, and Creatd is exploring a collar structure to potentially value its shares at $3.00 to $5.00 per share.

It would be interesting to see if GTII news gets picked up by retail investors causing a further surge in stock prices. We will update GTII when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s going on with GTII.

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Disclosure: we hold no position in GTII either long or short and we have not been compensated for this article

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Good Vibrations Shoes Inc. (OTCMKTS: GVSI): The OTC Stock To Own In 2023?

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Good Vibrations Shoes Inc. (OTCMKTS: GVSI) is perhaps the most-talked-about OTC stock to kick off 2023 as a George Sharp reverse merger penny stock.

Good Vibrations Shoes Inc. (OTCMKTS: GVSI) is perhaps the most-talked-about OTC stock to kick off 2023 as a George Sharp reverse merger penny stock. Many say they won’t sell for less than $.50 a share. They are banking on reverse merger whiz George Sharp to deliver the goods like he did when TSNP merged with HUMBL Inc. (OTCMKTS: HMBL).

As everyone knows, George Sharp is the stock whizz behind some of the biggest runners in recent penny stocks history, including the great TSNP and FORW, which also went from under a penny to $1 plus. For the past 17 years, George Sharp has been a consultant to companies in various contexts, including software development, assisting public companies with growth and regulatory compliance plans. In June 2017, Mr. Sharp was engaged as a consultant by OTC Markets Group, Inc. to develop compliance processes to bring more timely and actionable data to the OTC market. Working with OTCMarkets Group as a consultant for many years gives GS a considerable advantage, and if anyone can make things happen with GVSI, it is George Sharp. 

Reverse mergers can be more explosive than biotechs when the incoming Company has real value but is undiscovered to investors, and many RM stocks that we have covered on this website have gone from pennies to dollars. Microcap Daily was one of the first on the scene as TSNP was taking off, reporting on the stock on November 15, 2020 when TSNP was trading at $0.003, stating at the time:

“TSNP is making a spectacular run up the charts in recent weeks, quickly transforming into a volume leader and one of the top most traded stocks in small caps. TSNP started in triple zero land but has gone parabolic since then, quickly attracting legions of new shareholders who continue to bid the stock higher. Reverse Merger stocks (RM) are easily among the most exciting and explosive stocks in small caps rivaling only biotechs in their ability to make historic gains. TSNP is the perfect merger candidate; a clean shell with virtually no debt, and the new Company HUMBL is a major mobile payments player with a first-class management team with team members coming from companies like Western Union, Moneygram, Visa, American Express, Epson, Microsoft, Facebook and Qualcomm and was recently named a Forbes “Rising Startups to Watch” The merger is being shepherded by well-known OTC Markets analyst George Sharp, who brought the parties together and has provided valuable advice on strategies and compliance to complete the transaction.” We concluded, “The whole deal is being shepherded by George Sharp, a reverse merger whizz and someone known for doing it right.”

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Good Vibrations Shoes Inc. (OTCMKTS: GVSI) is a Nevada corporation, formerly known as Bitcoin Collect, Inc., Solpower Corp., Virtual Technologies, Inc., and Dynafuel Corporation, which was incorporated under the laws of the State of Utah on June 7, 1982. The Company is a perfect reverse merger candidate with a clean balance sheet of just $250k in liabilities.

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GVSI

Latest Updates

GVSI should be Pink Current any day now. The Canadians that sold after GVSI came off the Expert Market will be buying back in. Savvy investors that picked up cheapies under $.025 will be rewarded.

GVSI has also filed to cancel shares.

We also have this agreement between GS and GVSI. These are the shares that, on August 29, 2021, in recognition of the $50,000 cash invested and $50,000 in consulting fees accrued by George Sharp for professional and regulatory costs to reinstate the registrant in the State of Nevada and to have the registrant become current in its filings under the SEC’s recently imposed requirements for public companies operating under SEC Rule 15c2-11, the Board issued 300,000 shares of the authorized “blank check” preferred stock to George Sharp with 10,000 votes for each share of preferred stock to give voting control to Mr. Sharp.

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GVSI represents the highest risk-reward in the OTC Markets right now. Some investors have been impatient and sold their shares at these low levels. The key to understanding is that these things take time, TSNP took a long, long time, and GVSI will be all the more exciting. As previously stated, Mr. Sharp was engaged as a consultant by OTC Markets Group, Inc. to develop compliance processes, so if anyone can get it done, he can. Mr. Sharp continues to tweet about GVSI regularly, and it’s listed at the top of his Twitter account. All the uncertainty and bashing have created a unique situation for GVSI; it currently trades under $0.03. If things happen here as GS says they will, this will be one seriously parabolic situation with a massive upside. There are no guarantees on the OTC and no sure thing at all, GVSI is a lottery ticket for sure, but considering GS track record, I would say this is a good ticket. We will update GVSI when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s going on with GVSI.

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Disclosure: we hold no position in GVSI either long or short and we have not been compensated for this article

Image by WikiImages from Pixabay

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CeCors Inc (OTCMKTS: CEOS) Opportunity Mushrooms with Disabled Veterans

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CeCors Inc (OTCMKTS: CEOS) is at heart a mushroom company with products on the shelf that is transforming into a disabled veteran benefits company.  Many have heard of magic mushrooms, psychedelic mushrooms, and psilocybin and their medicinal benefits. One of the biggest consumers of these products is disabled veterans. The core company is PsyKey which is a vertically integrated mushroom company developing medicinal products for healthcare professionals and consumers.  The products come primarily from functional mushrooms that have specific purposes.  Their mushrooms are cleverly mixed with coffee pods as a delivery system that allows people to start their day off right.      

While the company does have modest revenues from the sales of their core products, the sizzle is in the acquisition of VetComm Corp. announced in mid December. The reality was that this binding letter of intent was not taken seriously by market participants until they were beaten over the head with a video with the charismatic CEO of VetComm, Kate Monroe.    

This video outlined her goal of onboarding 1.0 million veterans of the 14 million veterans eligible for disability to get their rating.  If she accomplishes this goal she claims 

“This would put $30 billion per month into the US economy”

The huge problem they are trying to solve is the simplification of the governmental claims process.  These 14 million veterans eligible for benefits simply don’t have the energy to cut through the red tape and get a successful disability rating with the government.  VetCOMM has a seasoned team that essentially handles the rating process for the vets.  All the vets have to do is pay the monthly fee and answer the questions from VetComm.  

1.0 Million Veteran Challenge

Anyone thinking that 1.0 million isn’t attainable is underestimating both the CEO Kate Monroe, a veteran herself from the Marine Corps, and the networking power of veterans. Veterans are a tight knit community.  Think about it some of these vets were sitting in a foxhole and their life depended on their buddy doing his job.  So when these vets sign up for VetComm and get a positive result and then call their buddy up and say trust me you need to do this, there is no waffling around. Vets will listen to other vets.  This video from Randy Couture just shows you a hint of the star power they have behind this company. 

   

The government set aside tens of billions of dollars for disabled veterans but navigating the rating process with the government paper pushers is worse than combat for some of these vets.  They get discouraged and give up, that is where the tenacity of the VetComm team comes into play and knows how to successfully navigate the bureaucratic maze and get results for these veterans. VetComm just takes a flat fee for their service ($247 or $997) and the vets could receive thousands of dollars monthly depending on their level of injury.  There is no reason not to try, and the company has a money back guarantee.  Even more exciting is the back pay some of these vets could receive.  Wait until some of the testimonials go viral.  The website currently has real testimonials from veterans sharing their story of how easy it was to get rated.  The message from VetComm is that there is nothing to lose and almost everyone walks away with something.  

The CEO is a networking guru and has pictures with top politicians and generals all supporting her efforts.  These are top politicians like Senator Ted Cruz, Roger Marshall, Earnest Grassley, John Cornyn, and Deb Fischer. Then there are the celebrity endorsements from Randy Couture, Ken Shamrock, Donald Trump, Jr., Sarah Palin, Matt Thomas of Parmalee, Carl Higbee, and Gretchen Carlson. 

Revenue Estimates

The revenue off of her 1.0 million veteran goal could be $500 million considering that the average fee is about $500 dollars assuming the majority will opt for the do it yourself rating instead of the “Done-For-You” service.  The company has no formal projections but if they do release something it could be a big catalyst. The costs of goods sold on this are marketing and the customer support line.  VetComm is essentially getting a small sliver of the $30 billion monthly pot of money the government has agreed to pay out but hasn’t had to because the veterans haven’t filled out their paperwork.  Kate Monroe is creating a social movement in the veteran community to take what they are owed and not let politicians repurpose those funds for other special interests     

Acquisition Synergy         

There is a sense of community that VetComm is trying to establish.  Many of the vets that suffer from PTSD would be helped by the functional mushroom products.  There is also a planned expansion of the product line that the company alluded to last year.  A natural expansion of the line could mean that other products like gummy bears, capsules, or other delivery systems are introduced.       

Financial Analysis

The company has 332 million shares in the O/S and has 148 million in the float.  The current market cap is sitting at close to $10 million. Since they are an operational company with revenues they had their Shell Status designation removed from OTC Markets.  The company has also openly stated that they are not going to reverse split the stock or take on additional dilution.  This might be interpreted to mean that they won’t exceed the authorized limit of 500 million shares.    

This means the VetComm acquisition is likely to be paid with treasury stock.  In early 2022 87.75 million shares were brought back into treasury and could easily be reissued for the purchase.  This is complete speculation because the details of the acquisition have yet to be released but the bread crumbs lead to a very shareholder friendly transaction.  

Risks

There is a definitive deal to acquire VetComm, but investors are not privy to the terms of the deal. Therein lies the major risk. Investors have no idea how much dilution is possible in the acquisition nor do they know how strong the underlying business is. Dilution would have to be less than the authorized max.  It’s impossible to tell if it’s a good deal or a bad deal, although their comments on social media demonstrate it’s going to be very positive.  Leadership is a question too because there is no CEO at the helm.  The filings show Amar Bhatal is the president and the CEO spot is vacant. While it’s reasonable to speculate that Kate Monroe would be the ideal candidate for CEO, she has no public market experience. If the VetComm acquisition were to fall apart many investors could be holding the bag because the underlying mushroom business has not generated sufficient earnings to support the public listing short term.       

Investor Summary

The volume is just starting to ramp off of what looks like a long term bottom so there doesn’t appear to be much downside at the current stock price and plenty of upside to $.12. The mushroom industry is massive, but a unique opportunity exists in servicing veterans.  VetComm is led by a charismatic CEO who might very well take over CEOS.  Her social media standing suggests that she is going to use digital marketing and the power of veteran networking and endorsements to mobilize the veterans.  This deal can almost be considered a Software as a Service (SaaS) deal as it contains those components.  The goal of attaining 1.0 million veterans by year end could translate into massive revenues in the tens of millions or hundreds of millions with little to no customer acquisition acquisition costs (CAC).  It’s too early to tell, but CEOS is one of those long term fundamental plays that should be held in a speculative portfolio. Should they complete the acquisition and give revenue estimates investors could see long term 12 – 18 month upside up to $1.00 assuming a fully diluted 500 million O/S and $500 million in revenues trading at a multiple of 1X sales. The downside risk is nominal given their rapidly expanding mushroom line that could be cash flow positive on its own this year.  

Disclosure: MicroCapDaily has not been compensated for this article. This post was written by a guest contributor and posted on our website for free. The owners of MicroCapDaily have no position in any of the securities mentioned.

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