Argyle Security, Inc. (ARGL)

[otcbargains]

ARGL - Not your typical penny stock


ARGL dba ISI security is one of those opportunities that comes along not very often.

This is a company with annual revs in the 70 to 80 million range and is highy profitable.

They have six different business divisions and they are the largest company of their kind
in the united states.

http://www.isisecurity.com/

They went through some tough times during the economic downturn, hired a new CEO, ended years of silence and now have righted the ship as evidenced by
the results recently posted.

http://www.otcmarkets.com/financialReportViewer?symbol=ARGL&id=113736

They are on pace to do .23 eps for the year. The stock is currently trading at
an annualized pe of less than 2 but it is being discovered as you can see by
looking at the chart.




The share structure is outstanding.

Share Structure
Market Value1 $11,378,508 a/o Dec 02, 2013
Shares Outstanding 28,446,271 a/o Sep 30, 2013
Float 2,591,631 a/o Jun 30, 2010
Authorized Shares 89,000,000 a/o Sep 30, 2013
Par Value 0.0001

But here is something very few people know. That float is outdated. An insider
has purchased about a million shares and the actual float is only about
1.5 million. The only people that know this are those that have called the co
and asked as the float shown on OTCmarkets is from 2010.

This stock only has one negative and that will disappear soon. During the downturn they
had to rely on a fund to provide them with funds to operate and weather the storm.
Last q they spent 7.5 mil paying off years worth of preferred stock dividends and wiping
out 20% of the preferred shares. Another $2 million will completely rid them of the preferred
shares. This is a remarkable turnaround in a very short period of time and once
the preferreds are paid off the cash flow will hit the bottom line.

This is a rare opportunity and will only last until someone comes along that recognizes the value
and buys them up. There was recently a bid for 1.4 million shares. I had never seen that on a
penny stock before but again, this is not a normal penny stock. A float of
1.5 mil with a bidder for 1.4 million. This stock should be trading in the $2.00 range
in my estimation and with a float this small it could trade much higher.

As you can see from this article they are undergoing a two year expansion plan.

http://www.securitysystemsnews.com/article/isi-security-wants-be-next-super-regional

As undervalued as it is already, future results might prove to be much better.

This is definitely worth your consideration and I am convinced if you do your due dilligence
you are going to want to have some ARGL in your portfolio.