My understanding is that the company has several suitors wanting to invest to be able to bring ARGY into production mode. I believe that's what is with the $7.5M.
What is strange to me is that if these patents are so viable, why hasn't a larger fish simply come and gobbled up ARGY for the patents alone? I mean right now there is probably 140M shares outstanding or so...that puts the market cap at approx $6.3M. Even if they did a buy out at $.25 per share, that's chump change if the technology is feasible...
BTW what exactly is the significance of the "E" that has been added to the ticker? My Scottrade watch list shows the current price of ARGY at $0.00.
Ren
PS I haven't bought into ARGY yet. Been waiting for that other stock to do something, anything so I could at least sell some more of my .006s.
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