AB International Group Corporation (PK) (ABQQ) News

Agreed. Hopefully before year end. But we will see.

not a quick play, patience still got peeps flipping the range, next update will most likely push it through

O.K. Let's get this party started. Let's Fly today. The market conditions are ripe. All indexes in the GREEN.

AB INTL Group Announces Repurchase of 300 Million Shares and Planning Spin-off of NFT MMM IP and AI Consulting Business

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced the Company entered into Repurchase Agreements with four shareholders, all non-affiliates of the Company, pursuant to which the Company agreed to repurchase shares of their Common Stock, $0.001 par value, amounting to 300,000,000 shares for cancellation. The price to be paid by the Company under the Repurchase Agreements is $390,000, which will be funded with cash on hand.

ABQQ today announced its intention to spin off its Non-Fungible Token (NFT) MMM IP and Artificial Intelligence (AI) Consulting division into a separate entity, with plans for this new company to go public. This strategic move aims to unlock shareholder value by allowing each business unit to pursue its own growth strategies independently while capitalizing on the burgeoning markets for NFTs and AI technologies.

Details of the Spin-off:

- Entity Name: The new entity, tentatively named AB Digital Innovations, will focus exclusively on the development and commercialization of NFT marketplaces, AI consulting services, and related intellectual properties.

- Business Model: AB Digital Innovations will leverage ABQQ's existing infrastructure in the NFT IP space, including the NFT Movie and Music Marketplace (NFT MMM), and expand into broader AI consulting services aimed at enhancing film production, distribution, and consumer engagement through AI technologies.

- Strategic Rationale: The spin-off is designed to provide clearer market focus, potentially attract specialized investment, and offer investors a pure-play opportunity in the rapidly evolving sectors of digital assets and AI.

- Public Offering: Details regarding the timing and terms of the initial public offering (IPO) for AB Digital Innovations will be communicated in due course. The company is currently preparing the necessary documentation and regulatory compliance activities for listing.

Benefits for Existing ABQQ Shareholders:

1. Value Unlocking:

- The spin-off, bolstered by significant external investment, is expected to more clearly delineate the value of each business segment, potentially leading to increased market valuation for shareholders.

2. Investment Opportunity:

- Shareholders will receive shares in AB Digital Innovations, providing them not only with a stake in a new high-growth area but also the benefits from a substantial investment in the company.

3. Higher Potential Returns:

- The investment and spin-off could lead to higher returns for shareholders as both entities can now pursue more aggressive growth strategies tailored to their niche markets.

4. Increased Market Attention:

- The significant investment underscores the market's confidence in the potential of AB Digital Innovations, likely drawing additional interest from investors, which could enhance stock liquidity and market visibility.

Chiyuan Deng, CEO of AB International Group Corp., stated, "This spin-off is a testament to our commitment to innovation and growth. By separating our NFT and AI initiatives, we believe we can better tailor our strategies to meet the unique demands of these markets, thereby enhancing value for our stakeholders."

Charles Tang, Investor Relations, added, "We are excited about the potential this separation offers. It allows us to directly tap into the investor interest in NFTs and AI, sectors that are seeing unprecedented growth and investor enthusiasm."

About AB International Group Corp.

AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged in acquisition and distribution of movies. The company owns the IP of the NFT movie and music marketplace (NFT MMM) as the unique entertainment industry Non-Fungible Token. The Company operates AB Cinemas, physical movie theaters currently in NY with plans to expand nationwide (www.abcinemasny.com). The company also owns ABQQ.TV which is a movie and TV show online streaming platform. ABQQ TV generates revenue through a hybrid subscription model and advertising model like other online streaming platforms.

For additional information, visit www.abqqs.com, www.abcinemasny.com, www.stareast.io and www.ABQQ.tv.

Forward-Looking Statements

This press release contains “forward-looking statements” that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company’s management team and statements relating to the Company’s transformation, financial and operational performance including the acceleration of revenue and margins, and the Company’s overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Group markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.

Investor Relations Contact:

Charles Tang
(852) 2622 2891
corp@abqqs.com
https://www.globenewswire.com/newsroom/ti?nf=OTMxMzMzNSM2NjIwNTkwIzUwMDEyMjYyNg==
https://ml.globenewswire.com/media/ZjllZTZmYjgtYWE2YS00ZmNkLTlmNGItN2Y4MmY1YWZiODJlLTUwMDEyMjYyNg==/tiny/AB-INTL-Group-Corp-.png

Source: AB INTL Group Corp.

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/ABQQ/news/story?e&id=3064201

ok understood

The par value is .001. But the purchase price is $390,000...or .0013 per share. Which is the value of the warrants the purchasers ( loan sharks) pay to exercise them and dilute the OS. Hopefully they are actually buying back the warrants...we need that...for the warrants to go away.

just realized they already did renegotiate with those 4 shareholder and repurchase at .001 not .0013, unless they have another block of shares lol.

Chartmaster Post #20,617. AB INTL Group Announces Repurchase of 300 Million Shares and Planning Spin-off of NFT MMM IP and AI Consulting Business

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced the Company entered into Repurchase Agreements with four shareholders, all non-affiliates of the Company, pursuant to which the Company agreed to repurchase shares of their Common Stock, $0.001 par value, amounting to 300,000,000 shares for cancellation. The price to be paid by the Company under the Repurchase Agreements is $390,000, which will be funded with cash on hand.

ABQQ today announced its intention to spin off its Non-Fungible Token (NFT) MMM IP and Artificial Intelligence (AI) Consulting division into a separate entity, with plans for this new company to go public. This strategic move aims to unlock shareholder value by allowing each business unit to pursue its own growth strategies independently while capitalizing on the burgeoning markets for NFTs and AI technologies.

Details of the Spin-off:

- Entity Name: The new entity, tentatively named AB Digital Innovations, will focus exclusively on the development and commercialization of NFT marketplaces, AI consulting services, and related intellectual properties.

- Business Model: AB Digital Innovations will leverage ABQQ's existing infrastructure in the NFT IP space, including the NFT Movie and Music Marketplace (NFT MMM), and expand into broader AI consulting services aimed at enhancing film production, distribution, and consumer engagement through AI technologies.

- Strategic Rationale: The spin-off is designed to provide clearer market focus, potentially attract specialized investment, and offer investors a pure-play opportunity in the rapidly evolving sectors of digital assets and AI.

- Public Offering: Details regarding the timing and terms of the initial public offering (IPO) for AB Digital Innovations will be communicated in due course. The company is currently preparing the necessary documentation and regulatory compliance activities for listing.

Benefits for Existing ABQQ Shareholders:

1. Value Unlocking:

- The spin-off, bolstered by significant external investment, is expected to more clearly delineate the value of each business segment, potentially leading to increased market valuation for shareholders.

2. Investment Opportunity:

- Shareholders will receive shares in AB Digital Innovations, providing them not only with a stake in a new high-growth area but also the benefits from a substantial investment in the company.

3. Higher Potential Returns:

- The investment and spin-off could lead to higher returns for shareholders as both entities can now pursue more aggressive growth strategies tailored to their niche markets.

4. Increased Market Attention:

- The significant investment underscores the market's confidence in the potential of AB Digital Innovations, likely drawing additional interest from investors, which could enhance stock liquidity and market visibility.

Chiyuan Deng, CEO of AB International Group Corp., stated, "This spin-off is a testament to our commitment to innovation and growth. By separating our NFT and AI initiatives, we believe we can better tailor our strategies to meet the unique demands of these markets, thereby enhancing value for our stakeholders."

Charles Tang, Investor Relations, added, "We are excited about the potential this separation offers. It allows us to directly tap into the investor interest in NFTs and AI, sectors that are seeing unprecedented growth and investor enthusiasm."

About AB International Group Corp.

AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged in acquisition and distribution of movies. The company owns the IP of the NFT movie and music marketplace (NFT MMM) as the unique entertainment industry Non-Fungible Token. The Company operates AB Cinemas, physical movie theaters currently in NY with plans to expand nationwide (www.abcinemasny.com). The company also owns ABQQ.TV which is a movie and TV show online streaming platform. ABQQ TV generates revenue through a hybrid subscription model and advertising model like other online streaming platforms.

For additional information, visit www.abqqs.com, www.abcinemasny.com, www.stareast.io and www.ABQQ.tv.

Forward-Looking Statements

This press release contains “forward-looking statements” that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company’s management team and statements relating to the Company’s transformation, financial and operational performance including the acceleration of revenue and margins, and the Company’s overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Group markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.

Investor Relations Contact:

Charles Tang
(852) 2622 2891
corp@abqqs.com
https://www.globenewswire.com/newsroom/ti?nf=OTMxMzMzNSM2NjIwNTkwIzUwMDEyMjYyNg==
https://ml.globenewswire.com/media/ZjllZTZmYjgtYWE2YS00ZmNkLTlmNGItN2Y4MmY1YWZiODJlLTUwMDEyMjYyNg==/tiny/AB-INTL-Group-Corp-.png

Source: AB INTL Group Corp.

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/ABQQ/news/story?e&id=3064201

Bullish
Bullish

Just saw the message. Can you repost it so I can sticky it, if you still want it. It won't accept the existing one cause it's 48 hours or older.

probably still churn here

Let's be hopeful and se what today brings. This is the anniversary of last year's rally.

" MULTI PENNIES" I hear you loud and clear. Let's Go! Bags of money will be dropping from the sky. Look UP...

Slow Monday. Looking forward to tomorrow.

he can always renegotiate the terms of deal with the .0013 sellers. I thought he could buy back in open market maybe someone can ask them directly via tweet?

I don't believe he can buy back from the open market as long as the loan terms are in place. The warrants are especially keeping the pps locked down no matter how awesome the news and earnings are. He would be open for a lawsuit from stockholders. It begs the q...who exactly are the 4 people willing to sell 300 million shares at.0013 when the news is soooo good?

Yes. Can't wait. I could cost additional if prolong tranches.

5 million dollars in share buy back by end of next year, they will be buying a block every month, wouldn't be surprised if that block at .0009 by nite was the company. If it was retail pm me lol, gl.

Deng says after the buybacks are complete the stock should net at .50/share. The way it is going he will have plenty of free cash to buy back stock and the eps will be higher IMO. Take the .50 x 16x P?E ratio and this stock trades at 8.00. But we have to see how it all goes....

Very soon this will be in multi pennies. Patience. IMO.

thanks for 9's keep on whacking wouldn't mind getting more at 8's or 7s

Like what I see here!

New post. We are on Google Play. This stock is heading into huge territory
https://x.com/ABIntlGroup/status/1866140907017474146

Already over 10,000 downloads

End of the year tax selling may be having an influence as well. Come January, things should be looking up in more ways than one.

BB

Let's rally around the Dragon and get ABQQ back on the HOT breakout board next week. This is a company that is doing things. No fluff. Strickly business. Tell your friends. My price target is .0022 before Dec 13th 2024. Shorters and MMs will be left in the volcanic dust.

That's what I am talking about!
Up up and away we go.
Buy Buy Buy!!!

Hope so. Waiting a bit, like everyone else.

If Friday brings gains then we are Golden.

The Wooden dragon Gained a little altitude today but still flutters.
When will we take off?

https://x.com/ABIntlGroup/status/1864720997334831541

this has better news recently then when it first ran yet hardly any posts on the hub lol

Wowza! looks like ABQQ is smellin what HMBL has cookin today! Welcome back OTC!!!

We are 15 days away from out .0035 high anniversary. Let's get the dragon popping and get some VOLUME up!
LONG bag holders must be rewarded!

Come on. Let's GO today.

We will gett 1 share off the spin off company for every 25 shaares we hold:

https://x.com/TripleCst/status/1863974952833286650

meant 5 million dollars worth of shares, not 5 million shares lol which is nothing

they are gonna buy back 5 million worth of shares by end of 2025, probably going to buy them in tranches every month till they get the target. As usual needs volume here once it get's it for good will go.

good to see $ABQQ advertising on X

https://x.com/ABIntlGroup/status/1863621566355140714

We have made it to the breakout board with no breakout. What is going on?
Let's see what happens tomorrow... Patience is the name of the game here. Fear not.

Thanks Janet, always welcome you links and the great DD you provide.... this is a gam in the making, thats for sure.

🍀***ABQQ- Link to the trades:.....
***https://ih.advfn.com/stock-market/USOTC/demand-brands-pk-ABQQ/trades

🍀***From Barchart.....
https://www.barchart.com/stocks/quotes/ABQQ/overview

🍀***Insider Trading Screener-" Add symbol"......
https://www.secform4.com › insider-trading-screener

🍀***Stock Titan
https://www.stocktitan.net › news

🍀***OTC Markets
https://www.otcmarkets.com

🍀***.https://nz.finance.yahoo.com ›

yep the volume in otc market last month or so is concentrated on a few otc stocks. While thin one like this stock and other's out there that have been getting decent news are getting ignored

Agree... its very disheartening for many who have been trading at this level for a long time... Spin off and buy back would be a 25 to 50 percent jump within the first hour... I get that this is the worst trading time of the year as well... but really this is massive news for a stock one click above trips.

So thin but the volume isn’t there…

yep def the otc market few months ago it would have at least tested .0015-.002 area by now

AB INTL Group Announces Repurchase of 300 Million Shares and Planning Spin-off of NFT MMM IP and AI Consulting Business

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, today announced the Company entered into Repurchase Agreements with four shareholders, all non-affiliates of the Company, pursuant to which the Company agreed to repurchase shares of their Common Stock, $0.001 par value, amounting to 300,000,000 shares for cancellation. The price to be paid by the Company under the Repurchase Agreements is $390,000, which will be funded with cash on hand.

ABQQ today announced its intention to spin off its Non-Fungible Token (NFT) MMM IP and Artificial Intelligence (AI) Consulting division into a separate entity, with plans for this new company to go public. This strategic move aims to unlock shareholder value by allowing each business unit to pursue its own growth strategies independently while capitalizing on the burgeoning markets for NFTs and AI technologies.

Details of the Spin-off:

- Entity Name: The new entity, tentatively named AB Digital Innovations, will focus exclusively on the development and commercialization of NFT marketplaces, AI consulting services, and related intellectual properties.

- Business Model: AB Digital Innovations will leverage ABQQ's existing infrastructure in the NFT IP space, including the NFT Movie and Music Marketplace (NFT MMM), and expand into broader AI consulting services aimed at enhancing film production, distribution, and consumer engagement through AI technologies.

- Strategic Rationale: The spin-off is designed to provide clearer market focus, potentially attract specialized investment, and offer investors a pure-play opportunity in the rapidly evolving sectors of digital assets and AI.

- Public Offering: Details regarding the timing and terms of the initial public offering (IPO) for AB Digital Innovations will be communicated in due course. The company is currently preparing the necessary documentation and regulatory compliance activities for listing.

Benefits for Existing ABQQ Shareholders:

1. Value Unlocking:

- The spin-off, bolstered by significant external investment, is expected to more clearly delineate the value of each business segment, potentially leading to increased market valuation for shareholders.

2. Investment Opportunity:

- Shareholders will receive shares in AB Digital Innovations, providing them not only with a stake in a new high-growth area but also the benefits from a substantial investment in the company.

3. Higher Potential Returns:

- The investment and spin-off could lead to higher returns for shareholders as both entities can now pursue more aggressive growth strategies tailored to their niche markets.

4. Increased Market Attention:

- The significant investment underscores the market's confidence in the potential of AB Digital Innovations, likely drawing additional interest from investors, which could enhance stock liquidity and market visibility.

Chiyuan Deng, CEO of AB International Group Corp., stated, "This spin-off is a testament to our commitment to innovation and growth. By separating our NFT and AI initiatives, we believe we can better tailor our strategies to meet the unique demands of these markets, thereby enhancing value for our stakeholders."

Charles Tang, Investor Relations, added, "We are excited about the potential this separation offers. It allows us to directly tap into the investor interest in NFTs and AI, sectors that are seeing unprecedented growth and investor enthusiasm."

About AB International Group Corp.

AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged in acquisition and distribution of movies. The company owns the IP of the NFT movie and music marketplace (NFT MMM) as the unique entertainment industry Non-Fungible Token. The Company operates AB Cinemas, physical movie theaters currently in NY with plans to expand nationwide (www.abcinemasny.com). The company also owns ABQQ.TV which is a movie and TV show online streaming platform. ABQQ TV generates revenue through a hybrid subscription model and advertising model like other online streaming platforms.

For additional information, visit www.abqqs.com, www.abcinemasny.com, www.stareast.io and www.ABQQ.tv.

Forward-Looking Statements

This press release contains “forward-looking statements” that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company’s management team and statements relating to the Company’s transformation, financial and operational performance including the acceleration of revenue and margins, and the Company’s overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Group markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release.

Investor Relations Contact:

Charles Tang
(852) 2622 2891
corp@abqqs.com
https://www.globenewswire.com/newsroom/ti?nf=OTMxMzMzNSM2NjIwNTkwIzUwMDEyMjYyNg==
https://ml.globenewswire.com/media/ZjllZTZmYjgtYWE2YS00ZmNkLTlmNGItN2Y4MmY1YWZiODJlLTUwMDEyMjYyNg==/tiny/AB-INTL-Group-Corp-.png

Source: AB INTL Group Corp.

© 2024 GlobeNewswire, Inc.
https://www.otcmarkets.com/stock/ABQQ/news/story?e&id=3064201

AB INTL Group Announces Repurchase of 300 Million Shares and Planning Spin-off of NFT MMM IP and AI Consulting Business
https://finance.yahoo.com/news/ab-intl-group-announces-repurchase-151000714.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

At these current prices I would say based on what they are saying throwing a couple grand into this now is worth the risk. GLTA 

I'm with you on that and if what they are saying on X does transpire then grabbing shares down here could result in a massive ROI 

wouldn't mind if it is still at these prices before next year, more time to accumulate.

And this:
https://x.com/ABIntlGroup/status/1863638438072946856