gitreal
6 hours ago
You posted it, you defend it. It is the dumbest thing I have seen on Ihub today.
I do believe your tin foil hat has split, and is in tatters. Try some of this, it is relatively cheap, and strong! https://www.homedepot.com/p/Nashua-Tape-1-89-in-x-30-yd-300-Heavy-Duty-Duct-Tape-in-Silver-Air-Duct-Accessory-1891327/301079015
Make a loop out of it, and pull it down under your chin....it will hold it on in the strongest breezes!
alidare
11 hours ago
Since you are trying to help us stupid investors maybe start working through this essay by ThirdEyeAnalyst from few years ago when he use to be very vocal here with many followers, then he left with them and many might have invested too much , overextending themselves, might lost money and patience and now could be disgruntled turning even bashers.
Go digest this with “we”.
DD FOR bAABBoons by ThirdEyeAnalyst
Ownership
______
William Snyder -
successful architect, partner of TSK architects, has done deals with Chinese and HK before. Honorary Board of Trustees at Mccaw School of mining. Said place is sponsored by Barrick, employees of Barrick on board. Wife is an artist and he seems pretty into art, hand in hand with architecture presumably.
Clive | Mendenhall - 2 people (Doing Business As (DBA))
Clive Massey -
multiple mine companies. Uses lawyer James Barker for his work with multiple successful companies
Mendenhall Family -
Bob and
Marc Mendenhall of Las Vegas Paving and more. Use James Barker as lawyer
Bob is very $$$ multiple patents from asphalt to car antennas and mobile data
Example; Donated $13M for Mendenhall Center at UNLV. FATHER OF GREENING OF AMERICA MOVEMENT in UNLV profile. Description of movement is below
Mendenhalls and Snyder are both Henderson residents
Mendenhalls are LDS and LDS has a history of having currencies outside the purview of the USG
References to the Greening of America Movement, the libertarian movement, are in relation to the boom by Reich, dividing America into 3 consciousness
I: Whiners and losers
II: people who buy into corporate state to profit and feed consumption
III: people who see the problems and want to fix things
Reich also states that cultural change must come before libertarian political change
Unknown Factor: convertible note holder from Time Call NA, Luis Vega converted a total 877M shares. Does Luis Vega still own these shares? I think so. As user @SooperSmart pointed out on stocktwits, he came on in the same time as Snyder who was at one time.
Problem is with Luis Vega is that we do not know his identity and possible motivations with conviction.
Conclusion:
Ideologically, I think this was a huge play by Snyder and people involved who seem to be conscious III’s of the previously stated greening of America movement. They want to enact change and give honest money to honest people via AABBG, as we know honest people, saver’s, money is devalued at a rapid rate due to inflation due to irresponsible monetary and fiscal policy at our central bank and government respectively.
The founders also want to screw with MMs.
They do not need capital, why take capital at expense of normal people via ipo with bankers?
Why not take over a penny stock ticker that they know has been naked shorted to the ground, and make a bang, as the people’s currency by giving money back to the people truly when they invest in it from the ground up?
AABBG actually could save a lot of people if the atrocities that are our current monetary and fiscal policies continue.
———
future plans
———-
How does AABB go to 1000s+? Gradually and then Suddenly
Share Restructuring
Clive and Mendenhalls will shift their share positions to be in line with Snyder. Potentially Vega too. Hopefully they will be less than Snyder since it seems he was the start of this. See spreadsheet below for an MM outstanding short position estimate and potential share retirement. A more thorough description is located in the footer.
Big $GOLD player, thinking Barrick based on Snyder connections, comes in either buys shares from company that they have from qiandaga to add even more cash to balance sheet or from Clive and Mendenhalls. Or they hold some for the next mentioned offsets
IR has stated no share buybacks, to me indicating they already have shares and will do big share restructuring/retirement when a major player comes in to entice them even more, I wouldn’t be surprised to see a retirement of the convertible note either. I believe the convertible note was bait for the MM to get very naked.
A big player will then have AABB equity stake on balance sheet. That raises the big player’s borrowing power so they can take part in more m&a’s in their core competency, gold mining, while agreeing to sell any gold for a price under market value to AABB to supply any excess demand we cannot handle based on current production and ramped up once bonanza is developed. They may even partner to help with production.
Let’s see how big of a chunk a major player gets. I wonder if an El Salvador “Vision Fund” will also want some.
Operations
this is going to be the prime contractor for the main source of revenue, gold backed crypto, for all of the gold industry
Arbitrary example: You know how a $BA
puts together a bunch of stuff from other contractors like $LMT and $RTN
to put together... let’s say a fighter jet?
That’s what aabb will be. They will manage the end product of gold backed crypto currency while spreading the love to gold industry on storage depot contracts, supply contracts, foreign offset projects, you name it, anything involved
Speculating on recent Benny comments regarding Chivo Wallet:
By industry doing business together, and leveraging their contacts and current structures, they significantly can increase their collective revenues via a system of subcontracting to each other
As AABB already has experience, I would argue they will prove their core competency as a final integrator for asset backed token management within an exchange and wallet ecosystem
If the prime, AABB, receives a contract from El Salvador to manage a new iteration of their wallet and exchange for all citizens to country provided by tax dollars, they will receive blended cost from different cost elements/cost centers ranging from Core State for technicals, and cost respective of proportions of gold owned by individual miners within the AABBG ecosystem to total supply. These are just two examples of potential cost elements, but there are a lot more moving parts then just these two.
We needed a working mine and promising prospects to go into negotiations with an advantage and guide them to the creative solution that we showed them, portrayed above. This is while we maintained our ground and shareholder value by having a viable path and probable competition in the gold backed token space to be 1st or at least associated/invested in the 1st. We are migrating risk by connecting ourselves with big players. We are the most accessible due to us having our own exchange and wallet with many pairs.
The above is the way we are able to create the player’s want to get in this moment on our terms since the deal is symbiotic in nature
In my humble opinion after that partnership step
If we get something going in El Salvador, and countries see it working well for them, potentially taking a large amount of markets in Latin America by partnering with each respective country and having a subsidiary that partners with respectively domestic miners in each country, this is headed to $1000s
Like it or not we would increase our growth by providing value and getting the backing of respective local businesses
the term for the potential partnering with the industrial base or community in each respective country and providing value and incentive for the country to do business with us is called an “offset”
This is how we create value for our customer, the customer being the governments/countries/populations that partner with us
We would partner with the industrial base in the respective countries and bring together adding the gold from a mining company or precious metals company from their country. We then cut them in on % of transactions within the country or help them develop gold mines in their country to contribute to overall AABBG gold reserves if the demand of gold is too much for AABB and partners to handle. This will happen if more countries then just El Salvador adopt AABBG and bitcoin/eth etc mix and move away from fiat
This will allow for the subject of currency to be taken out of government hands and I think the population will see the value of keeping their currency in denominations of AABBG and other crypto. A small government that can focus on its core responsibilities/competencies is most effective imo, follows same logic as business.
I have explained Gold backed currency and the problem of fiat to a myriad of people from all walks of life and they think
$AABBG.X
is a great idea that can save their purchasing power and give them a fair opportunity to build wealth
condor1
1 day ago
And some, such as yourself, post endlessly, repeating themselves over and over and over, 41000 times, have no life, and nowhere and no one to talk to. And you actually sit in judgment of others? Jeez!!!
Scamdestroyer
1 day ago
The street doesn't follow this piece of dogdew, it's a pitiful otc penny stock that attracts the odd penny flipper when they see a little uptick in volume.As far as gold production Torres has sweet tweet as it comes from a joint venture mine,they just keep stringing us along to dump more WC shares. Where is Bennymojo that pitiful pumper,a new spot for margaritas, hilarious, he's been using that same picture for over 3 years now,bucktoothed scammer!
StockWorkOrange
1 day ago
Still no reply from you? Cat got your tongue? What are you so worried about? I'll bet you'd love to know who "we" are......well just know that "we" have pages and pages of blatant lies of yours. Trying to connect BRICS to AABB, lies, mistruths. Witchking is exposed, Inforlongs is exposed, Memestocker is exposed, your next.
airman1
2 days ago
ABB’s 2024 first quarter results recorded a doubling of gold production from the levels recorded in the last quarter of 2023. The resulting increase in gross profit in the first quarter was attributed to higher-grade recoveries, increased daily throughput levels and reduced production costs from economies of scale. Currently nearing the publishing of the 2024 second quarter results, the Company has confirmed it exceeded its production and gross profit levels achieved in the first quarter, further validating ABBB mining operations success.
“We are highly anticipating the August equipment delivery and deploy the additional drilling capacity as soon as possible. Our focus is to continue our increased production and exploration momentum into the second half of the year”, expressed Chris Torres, the Company President and CEO.
gitreal
2 days ago
THEY SAID IT HAD OVER $10,000,000 DOLLARS WORTH
No, BennyMomoPanther, the report does not say that......you are just a professional liar doing what you get paid to do. Please copy and paste where it says that from the Micon report.
The deposit is uneconomic - therefore it has ZERO value. Too small, too low grade, no infrastructure in place, it is good for nothing but selling shares to gullible investors.
condor1
2 days ago
Benny, if you are being honest, you indicate that you have been doing more extensive due diligence. Please indicate the exact DD that you did. You have been pushing the Bonanza revised Micon report long ago. So the DD cannot be that. So, what are the true details of your extensive DD, specifically? Please post it, and bring some clarity to your credibility.
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
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