Argentum 47 Inc (ARGQ)

[flatcapnorthener]

Some highlights.....

This Company saw revenue of just $22,694 for the three months, with zero new business.
Remember their revenue is nearly 60% made up from just 3 clients.
Lets get serious here for a moment. You can have all the grand plans you like, but when you have $7,500 revenue a month....you're better off running a candy kiosk.

They have revalued some Duo stock, upped it by $700,000. Given they are so short of cash, why not sell some? Answer; because its an OTC stock and you can't sell.

They have $116,000 in the bank and owe to unrelated third parties $132,000. The rest of the balance sheet is invisible guff. Technically then they are in trouble, realistically they are bankrupt.

They still haven't paid the second payment for the IFA. That's getting on for a year late, but then they don't have any money anyway.

Summing up then, if they spent less time on these boards using multiple log ins to ramp the stock and more time actually running the business they might just make it to the end of the year.

I foresee another Peter entity coming along soon, same as this one and the same operating style....create more cash to spend for another few years.

Wash, rinse, repeat.