Argentum 47 Inc (ARGQ)

[KeepItRealistic]

From 8k, acquisition closure can come at any time

https://backend.otcmarkets.com/otcapi/company/sec-filings/12806672/content/html

It’s all setup

“The week of May 28, 2018, management travelled to Kuala Lumpur (Malaysia) and formally put in motion the acquisition of two financial advisory firms with circa US$57 million of funds under management. These financial advisory firms will be acquired by the Company´s fully owned United Kingdom subsidiary, Argentum 47 Financial Management Limited. The terms of the acquisition will be disclosed by way of a Form 8-k upon final closing which, to date, is contingent on the Labuan Financial Authority formally approving the change of control requested.

Management returned from Kuala Lumpur having signed all pertinent documents in order not to have to physically return to Malaysia to close the two acquisitions.

This week the Company will place the funds required to close the two Malaysian acquisitions in escrow with their attorney in the US.”