Argentum 47 Inc (ARGQ)

[benlurkn]

Once it breaks .03 it will zoom in to upper single-digit pennies very quickly. All they need is that first significant deal to close to put cash in their coffers.

Retiring those common shares by converting them to preferred was a brilliant move on their part. It hasn't helped share price yet because everyone here already only wants to see a major deal close - nothing else seems to matter.

The timing of the SS overhaul plus the hiring of Redchip is very telling to me. Tells me that big new is coming very soon and the company wanted all of their ducks in a perfect row beforehand. OS's of 369M with float of 211M is an extremely attractive SS for a stock trading under .02 cents.

P/E ratio's determine the SP of most companies other than the hyped pinks with no business or revenue. Now when they announce a deal that earns them several million dollars and ivestors see that the entire market cap of $GEQU is only 6 million everyone will clearly see how undervalued it is and the SP will be reflected with very strong gains. When this happens (hopefully quite soon) the SP will (should) quickly increase to 10 cents and probably much more. And there are many deals in various stages in GEQU's pipeline. Finally the company's big plans and tireless work are coming to fruition. IMHO