Hey guys.
Plain and simple I dropped this as I felt they were not moving forward with the plans.
They needed to do more then just the one show and they would have sales right now.
Looks to me like this was dropped a bomb in Johns lap here also as he has spent the last year and a half getting this going.
It is possible to get the financing they needed this split was a requirement for it but with no explanation really I am disappointed as the EOBR trucks are growing daily out here now.
There have been many companies small to large get them this year.
Make sure you read profit based trading in the IBOX in all these time consuming ones as we can only hope at this point they are doing the right thing and not just diluting more after the split.
The point I will make is it made no sense at this point as they still had plenty of shares unless there is more to it then we see.
Time will tell that.
I also had many ask about Argo and they are old news there as they bought them awhile ago now.
The website is actually up for sale also if you click on some of the links there.
Here is the old news release for it.
NavStar acquires Argo Navigation
NavStar Technologies, Inc. (NavStar or Company) and Argo Navigation, Inc. (Argo) merged in August of 2008.
NavStar is focused on the creation of products and services that combine hands-free calling with GPS/navigation. Product features include the safety of hands-free calling and easy to use navigation via voice input and output, at a very affordable price point. Argo is one of the Global Positioning System (GPS) industry’s most advanced design and development companies for all GPS and wireless tracking products. As a total solutions provider,
Argo is able to deliver hardware, user tracking software and network integration. For over three years Argo has designed, developed and sold its existing products both internationally and domestically. This merger is based on synergy between Argo and NavStar. Argo is a location-based system (LBS) company focused on tracking sectors while NavStar is a LBS company focused on navigation sectors. Argo’s GPS tracking product portfolio along with the NavStar’s Voice Navigator will provide an opportunity to sell products to customers in both the consumer and the commercial GPS markets. Argo has sales and distribution experience in the US, Brazil, Ecuador, Venezuela, Canada, Mexico, and China. By expanding the NavStar product line to include Argo’s GPS tracking and associated services, new markets will be created as well as new product development opportunities.
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I hope some of you all read the last email as I sent it and recovered some funds till they give us a reason here why.
Dave
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