The digital economy is only expected to continue to grow in the coming years, and some companies, like Asia Broadband Inc. (OTC:AABB), are expected to be on the radars of investors. This week it could be one to watch after the company made a key new announcement on Wednesday. In this feature, we take a closer look.
AABB Wallet Update
On February 5, the company announced that it was on the verge of completing the incorporation of the On/Off ramp mechanism in its new generation AABB Wallet. The latest mechanism will help the users in transacting with the AABBBG token and other cryptocurrencies. In the news release, Asia Broadband also announced that the on/off ramp was a collaborative process that was in the concluding stages of completion ahead of the approval from the Apple App Store and Google Play Store.
Further Updates
However, that was not the only update that Asia Broadband provided yesterday. The company was also in the process of adding the Elon Musk Coin and the official TrumpCoin to the AABB Wallet. Asia Broadband also went on to add that it would continue to add more features and tokens in the future.
Key Quote
“We are very close to the finish line now to launch our new next-generation AABB Wallet app with its high-level functionality and AI integration and merchant payment features. The KOINFOLD team has been instrumental in creating innovative wallet tools for mass-market appeal and use through KYN Capital’s blue-chip relationship networks. We are striving to take our AABBG gold-backed token and digital assets business segment to the next level of expansion with the new AABB Wallet,” expressed Chris Torres, AABB President and CEO.
Fundamentals
| P/E Ratio | 36.0000 |
| PEG Ratio | -1 |
| Price to Book | 0.75 |
| Price to Cash Flow | 43.627 |
| Price to Free Cash Flow | – |
| Total Sales (TTM) | 6.18 M |
| Revenue per Share (TTM) | 0.00 |
| Shares Outstanding | 3.390 B |
| Share Float (%) | 3,390.40 M (100.00%) |
| % Held by Institutions | 0.00 |
