Argentum 47 Inc (ARGQ)

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Does not include 136,600 shares of Series “A” Preferred Stock owned by Global Equity Partners Plc., which shares have voting rights of one vote per share and vote together with the shares of our Common Stock, and do not vote as a separate class of voting securities. Each share of Series “A” Preferred Stock is convertible into 10 shares of our common stock. The 3,506,133 shares of Common Stock and 136,600 shares of Series “A” Preferred Stock owned by Global Equity Partners Plc., were earned in consideration for consulting services rendered to the Company. The shares of Common Stock and Series “A” Preferred Stock held of record in the name of Global Equity Partners Plc. are beneficially owned by Peter J. Smith.