Argentum 47 Inc (ARGQ)

[xdrive]

CEO's position is significantly lower from last year to this year. Wonder why?

Rough math indicates he reduced his total share count more than 70%. Weird

Peter Smith
End of 2015: 271,160,920
End of 2016: 79,381,000

Your math is not correct:

On November 11, 2016, Mr. Smith exchanged 200,000,000 shares of Common Stock in the Issuer for 20,000,000 shares of the Issuer's Series B Preferred Stock. No cash or other consideration exchanged hands in this exchange transaction. Each share of Series B Preferred Stock has 10 votes on all matters brought before meetings of shareholders, vote alongside holders of Common Stock and not as a separate class. Beginning on 11/12/17, each share of Series B Preferred Stock is convertible into 10 shares of Common Stock.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11696223

Peter Smith
End of 2016: 279,381,000