Argyle Security, Inc. (ARGL)

[otcbargains]

Lots of good info on the website. Have you read the white papers?

[RidingFreeShares]

ARGL Has a great Website... http://www.isisecurity.com

[RidingFreeShares]

ARGL High volume all week here. Today not a high as the rest of the week but still good volume. Up 9% today. Love it!

[otcbargains]

Thanks for helping to get the word out. This is still dirt cheap though. P/e of 2 point something. SO much room to run here. There is definitely more interest now.

[Kahoona1962]

I really enjoy being on board with this one ... I think some people are beginning to wake up ... but you know an investor should never sleep !

[RidingFreeShares]

ARGL BOOM BABY INDEED!!



Dollars soon! Getting Closer!

[otcbargains]

Boom Baby!

[RidingFreeShares]

ARGL Good volume here today. Dollars soon my friends. We're thin.

[otcbargains]

Nice :)

[jump1]

$ARGL

[color=red]DD Notes

##### recent news/filings ~ source: finance.yahoo.com

Wed, 13 Mar 2013 16:52:00 GMT ~ ISI Security Announces Appointment of Ray Gilley as President and CEO
[PR Newswire] - SAN ANTONIO, March 13, 2013 /PRNewswire/ -- Argyle Security, Inc. (dba ISI Security) (OTC Pink Sheets: ARGL.PK) ("ISI Security" or the "Company"), a service and solutions provider in ...
read full: http://finance.yahoo.com/news/isi-security-announces-appointment-ray-165200349.html
*********************************************************

##### chart ~ source: stockcharts.com



##### chart ~ source: eoddata.com



##### company info ~ source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/ARGL/company-info
Ticker: $ARGL
OTC Market Place: OTC Pink Limited
CIK code: 0001332585
Company name: Argyle Security, Inc.
Company website: http://www.isisecurity.com
Incorporated In: DE, USA

##### extra dd links

Edgar filings: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001332585&owner=exclude&count=40
Latest filings: http://www.otcmarkets.com/stock/ARGL/filings
Latest financials: http://www.otcmarkets.com/stock/ARGL/financials
Latest news: http://www.otcmarkets.com/stock/ARGL/news - http://finance.yahoo.com/q/h?s=ARGL+Headlines

Major holdings: http://data.cnbc.com/quotes/ARGL/tab/8.1
Insider transactions (1): http://finance.yahoo.com/q/it?s=ARGL+Insider+Transactions
Insider transactions (2): http://www.secform4.com/insider-trading/ARGL.htm
Insider transactions (3): http://www.insidercow.com/history/company.jsp?company=ARGL

RegSho: http://www.regsho.com/tools/symbol_stats.php?sym=ARGL&search=search

DTCC: http://search2.dtcc.com/?q=Argyle+Security%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information: http://www.spoke.com/search?utf8=%E2%9C%93&q=Argyle+Security%2C+Inc.
Corporation WIKI: http://www.corporationwiki.com/search/results?term=Argyle+Security%2C+Inc.&x=0&y=0
WHOIS: http://whois.domaintools.com/http://www.isisecurity.com
Alexa: http://www.alexa.com/siteinfo/http://www.isisecurity.com#
Corporate website internet archive: http://web.archive.org/web/*/http://www.isisecurity.com

http://www.pennystocktweets.com/stocks/profile/ARGL

##### last known share structure ~ source: otcmarkets.com

Market Value: $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

##### business description ~ source: otcmarkets.com

Based in San Antonio, TX, Argyle, dba ISI Security Group, is a provider of services and solutions in the physical electronic security industry. Argyle's Corrections division is the controlling entity for business units consisting of ISI, PDI, Com-Tec and MCS, and is one of the nation's largest providers of detention equipment products and service solutions, as well as turnkey, electronic security systems. These systems include unique engineering competencies and proprietary software products. A... read more: http://www.otcmarkets.com/stock/ARGL/company-info

[otcbargains]

They did have some serious issues but they are mostly behind them. That is how they ended up with the preferreds in the first place. During the downturn they ran into a real money crunch and had to be bailed out by this fund. Now they have paid off most of the money they owe the fund(Except for 2 mil to cancel the rest of the preferred shares). They are on solid ground now. I like the CEO too. He has certainly done a lot here in a short amount of time.

[jump1]

When I find stuff, Pro or Con I like to be fair on both sides, invested or not so people do not get bamboozled.

They had some serious issues. I do like the CEO and he's background and that is the start of any DD.

[otcbargains]

Yeah no problem but you sounded adamant that they didn't have enough money to go forward. Take away the 7.5 mil that they spent that they will never have to spend again and cash flow would have been incredible.

[jump1]

Just doing some DD work here. Thanks

[otcbargains]

You do know that they spend $7.5 million dollars last q Paying off years worth of preferred dividends and wiping out 20% of the preferred shares right? That is an expense they will never have again. As a matter of fact 2 MIl dollars is all they are going to have to spend to make the preferreds go away all-together going forward.

[jump1]

The company appears to be unable to meet bills that are either past due or will come due over the next 90 days. It is facing an immediate liquidity crisis which can have a substantial adverse impact on its share value. The company is inadequately financed to execute any business plan and in a dire need of additional funding. Given its weak position, this funding will most likely have a substantially adverse impact on existing shareholders. The company has at least twice more total liabilities than equity and is therefore highly leveraged. The company would still be unable to meet bills that are either past due or will come due over the next 90 days and would continue to be facing an immediate liquidity crisis which could have a substantial adverse impact on its share value.

[otcbargains]

ARGL - A value investors dream

Not often does a stock come along that has this type of potential.

Fantastic share structure, Incredible fundamentals, and obscure enough to
allow for incredibly cheap shares(For now). It is being discovered.

On pace for revenues of over 70 mil and eps of .23 trading in the .40's.

Wow, that is cheap.

This is not some fly by night company either. They have been around for over
20 years.

Check out this video.

A recent California supreme court ruling mandated the building of new detention
fascilities and ARGL is reeping the rewards of such.

Here is a picture of a detention center they built in stockton Ca.


This is just one of their business segments.

DETENTION EQUIPMENT CONTRACTOR: ISI is ranked by Correctional News as the leading DEC provider in North America. ISI has delivered over 2000 detention solutions.

Read more here

http://www.isisecurity.com/


Financials

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

A little bit about the new CEO Ray Gilley.

Mr. Gilley's career in the security industry began 34 years ago, when he entered as an electronics technician at age 18. Mr. Gilley quickly progressed from technician to operations management, sales, general management and regional management. He eventually rose to positions such as EVP and COO at one of the nation's largest publicly traded security companies, Sonitrol. Mr. Gilley, currently is the CEO of ISI Security, one of the nations leading security integration firms with revenues exceeding $75MM.

http://www.linkedin.com/pub/ray-gilley/3/b9a/293

Visit the ARGL board for more info.

http://ih.advfn.com/p.php?pid=squote&symbol=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.

[Kahoona1962]

I like this stock very much. Heading for an eps of 0.23 ... and trading for 0.42 as I speak. I'm in long !

[otcbargains]

It's not too late.


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

[otcbargains]

Pssst

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

[otcbargains]

I thought maybe it was Bobwins. Maybe it is you? Maybe it is a fund of some kind. It's not every day you see a two hundred thousand dollar bid on a penny stock. I cant say that I am terribly surprised though. I think this one is worth Dollars not cents. Looks like they are a 80 mil a year revenue co and now they are on a two year expansion plan. This one could get very interesting. Making this one a long term play.

[Knowledge is King]

I've never seen a bid that big on any stock, ever! Do you think they entered it wrong?

[otcbargains]

Someone has a 1.4 Million share bid in at .15. It is now covered. Seems it has been discovered by someone with deep pockets.

[Bobwins]

not trying anymore. I think you guys that bought previously should have a nice ride. Very rare to have a penny stock with these kind of revs and profits. Good luck, Bobwins

[otcbargains]

You trying to buy the whole float?

[otcbargains]

Thanks Bobwins. I had attempted to contact the ceo without any luck. This recent article indicates they are a 80 mil a year rev company and it sounds like they have big plans over the next 2 years.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93146235

[nsomniyak]

Bob - I believe the entire city of Stockton is in fact a minimum security prison...

[Bobwins]

I like ARGL but haven't been able to buy any shares under the ask.

So I gave up but thought I would give holders and interested the benefit of a phone call I made to the company. Talked with Matthew Kempke?, who is the company's attorney but acting as their IR person.

He returned my phone call and was very helpful. I asked about the earnings in affiliate that dominated the Q2 P&L with earnings of 3.3million vs the total net profits of 3.7million. I asked what it was and was it sustainable. He said it was a jv they formed to work on a new medical prison facility located in Stockton Ca. I immediately commented that Stockton had declared bankruptcy but he said the funds were escrowed and represented an effort by California to comply with a court order to improve prison conditions. So this facility is located in Stockton but was built by the state. He said the whole industry has been waiting for California to spend the money to comply. However, he said that Stockton is now done. I didn't ask if there would be any contribution in Q3. He did mention that they have started another project within the company but didn't compare the impact to the Stockton JV.

ARGL says it is one of the biggest providers of equipment and services to the prison industry. They do everything from providing electronic surveillance equipment to fabricating steel bars for prisons. They are a large, full service security firm that is MUCH bigger than most of the penny stocks we research. Total revs were 17 million in Q2 and so that means they will be pushing $70million in total revs for 2013.

I asked why they posted their financials on otcmarkets after several years of non reporting. He mentioned the CEO had right sized the company and brought them to profitability. I think they are interested in highlighting the improved financials for ARGL and the new CEO may be interested in improving liquidity for himself and insiders who hold stock or options.

He mentioned that a hedge fund owns over 70% of the company. They have been patiently waiting for 4 years. The company has provided them some liquidity on their investment by repurchasing the preferred stock. The hedge fund is the only holder of the preferred. The A shares have been completely liquidated and the B shares will likely be liquidated over time. This will reduce cash but also reduce potential share count and minimize the need for the hedge fund to sell into the public markets and reduce the share price.

I was impressed by the fundamentals behind ARGL. The company is profitable, even without the JV contribution and has two good qtrs in the books. Will be interesting to see Q3 and see if the positive trends continue. I am a little concerned about future prospects of local and state governments spending, given their poor financial condition. But maybe like California, there will be court mandated spending to improve conditions and security.

I tried for a couple of weeks to buy shares but never got a nibble. I have moved on to other stock candidates but thought I would post what I consider a very positive talk with you.

Good luck. Bobwins

[otcbargains]

ARGL interesting paper written by Ceo on the website. (Website redesigned BTW). This White paper written by CEO explains the importance of obtaining certification from DHS. Here is a small piece.

"An extremely unique and notable provision of the SAFETY Act is that is anyone implementing or utilizing products or services designated or certified by DHS is granted immunity from liability stemming from any officially designated Act of Terrorism."

Full paper can be found here. Top story.

http://www.isisecurity.com/news/

[dutchie64]

I like this one!
did my DD, and looking for a starter on monday!

ARGL!!

[otcbargains]

Business Description
Based in San Antonio, TX, Argyle, dba ISI Security Group, is a provider of services and solutions in the physical electronic security industry. Argyle's Corrections division is the controlling entity for business units consisting of ISI, PDI, Com-Tec and MCS, and is one of the nation's largest providers of detention equipment products and service solutions, as well as turnkey, electronic security systems. These systems include unique engineering competencies and proprietary software products. Argyle's Commercial division, consisting of MCS-Commercial Fire & Security and MCS Federal Systems focuses on the commercial security sector and provides turnkey, electronic security systems to the commercial and government markets. Please visit www.isisecurity.com for additional information on Argyle.

[otcbargains]

Website

http://www.isisecurity.com/

[otcbargains]

Share Structure
Market Value1 $7,051,637 a/o Sep 03, 2013
Shares Outstanding 29,381,819 a/o Dec 31, 2010
Float 2,591,631 a/o Jun 30, 2010
Authorized Shares 89,000,000 a/o Dec 31, 2010
Par Value 0.0001

[RidingFreeShares]

Excellent find TF! With the positive Q2, I'm hoping ARGL brings us more good news! Been loading small amounts for the past week. I'm definitely going to be loading more here when possible.

[otcbargains]

Nice one. This smells like money.

[Traderfan]

ARGL, huge Q2 filing filed yesterday. Interesting after 2.5 years of being silent. Also they put directors in place recently. Looks to me like they want to get back into getting current. No wonder since they are doing about 50 million in sales per year with a big profit in Q2.

http://www.otcmarkets.com/financialReportViewer?symbol=ARGL&id=110212

http://www.otcmarkets.com/financialReportViewer?symbol=ARGL&id=109017

[InvestorTips]

ARGL competitor DSS may rise following lawsuit

Document Security Systems, a competitor to ARGL, announced it would be moving up its lawsuit against Coupons.com on Friday. it's stock has boosted significantly so far today, and continues to climb.

http://www.prweb.com/releases/2012/7/prweb9702270.htm

[gumzsa]

ARGL 8-k filed looks awesome




Argyle Security, Inc. Announces Entry into Non-Binding Letter of Intent with MML Capital for MML to Purchase
Outstanding Common Stock and Units of Argyle and Take Argyle Private
SAN ANTONIO, June 16, 2009 — Argyle Security, Inc., (OTC Bulletin Board: ARGL), (“Argyle”) a service and solutions
provider in the physical electronic security industry, announced today that it has entered into a non-binding letter of intent with
MML Capital Partners in its capacity as advisor to, and on behalf of, Mezzanine Management Fund IV “A” L.P. and Mezzanine
Management Fund Coinvest A L.P. (collectively “MML”) to merge Argyle into a privately-held company controlled by MML
with current stockholders and unit holders receiving $2.00 per share and per unit, respectively.
The price of $2.00 per share represents a premium to Argyle’s closing price of $0.71 per share on May 19, 2009, the last trading
day prior to the communication of MML’s initial offer to the Board of Directors.
Terms and Conditions of Proposed Transaction
The non-binding letter of intent contemplates that an entity controlled by MML (the “Acquiring Company”) would merge its
wholly-owned subsidiary into Argyle, resulting in Argyle becoming a wholly-owned subsidiary of the Acquiring Company. As
contemplated by the non-binding letter of intent, each outstanding share of common stock of the Company and the shares of
common stock underlying each unit of the Company, other than the securities owned by MML, a portion of securities owned by
certain members of the Company’s management and potentially certain creditors and by any stockholders who properly exercise
dissenters’ rights under Delaware law, would be cancelled and converted into the right to receive $2.00 in cash, without interest.
MML has been granted an exclusivity period expiring on the earlier of the execution of a definitive agreement or 45 days after
June 15, 2009 in which to complete its confirmatory due diligence and execute definitive documentation with Argyle. In
addition, during the exclusivity period, MML will be subject to a standstill provision whereby it will be prohibited from trading
in Argyle’s securities or otherwise engaging in any activity that would enable it to control Argyle.
As presently contemplated, a portion of the shares of common stock and units owned by certain members of Argyle’s
management and certain of their family members and affiliates may not receive the cash merger consideration, but may instead
be exchanged for equity ownership in a new, privately-held company.
About Argyle Security, Inc.
Formed in 2005 and headquartered in San Antonio, TX, Argyle is a provider of services and solutions in the physical electronic
security industry. In July 2007, Argyle acquired ISI Security Group, Inc. In February 2008, Argyle created Argyle Security USA,
which encompasses ISI Security Group’s operations in both the corrections and commercial sectors, also including the assets and
operations acquired as a result of the PDI, Com-Tec and Fire Quest acquisitions during 2008. Argyle’s channel focus is Video
Surveillance, Access Control, Perimeter Protection, Intrusion Protection, Fire Detection and Threat Analysis, serving selected
commercial, governmental and residential markets. Argyle currently has two reporting segments: “Argyle Corrections” and
“Argyle Commercial Security”.

[gumzsa]

ARGL insider buyin been going on. I have ARGLW the warrants so if ARGL does good the warrants should too. 89 mil AS 6 MIL OS per last 10Q.