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Wednesday, June 29, 2022

Argentum 47 Inc (OTCMKTS: ARGQ) Heating Up and Getting Noticed as Co Executes Legally Binding LOI to Acquire the Data Source (UK) Limited

Argentum 47 Inc (OTCMKTS: ARGQ) is making a powerful move northbound after the Company executed a legally binding letter of intent to acquire UK based company, The Data Source (UK) Limited (https://www.thedatasource.co.uk/), a data driven B2B and B2C solutions provider utilizing artificial intelligence with lead generation, automation, and analytics. With offices in London, UK, the Data Source is currently honing in on the North America, where they are already making inroads into the real estate and capital markets sectors, offering services including business intelligence and research, demographic, market data and public data. The Data Source already has an established customer base in the UK including American Express, Bacardi, Vodafone, Money Super Market and Revolt. The basis of the proposed transaction is for Argentum 47 Inc. to acquire 100% of The Data Source (UK) Limited by way of management relinquishing their personal right, title and interest in a combination of stock that constitutes precisely 51% of the voting stock of Argentum on fully diluted and converted basis (“Control Block”). Additional shares of Argentum 47, Inc. Common Stock will be issued to the TDS shareholders post-closing. 

Reverse merger stocks can be more explosive than biotech’s when the incoming Company has real value (such as the Data Source) but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars including one that went from subs to multi-dollars. ARGQ has a very favorable stock structure with 735,116,983 shares outstanding with half restricted leaving a float of just 361,890,060 free trading shares. Authorized is set at 950 million and ARGQ trades at a total market valuation of $5,770,668. ARGQ is quickly getting noticed by some big players in small caps who are heavily accumulating at current levels. They are looking for a break over $0.016 and a TSNP style reverse merger move. 

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Argentum 47 Inc (OTCMKTS: ARGQ) is a clean “pink current” reverse merger stock that has just executed a legally binding letter of intent to acquire UK based company, The Data Source (UK) Limited, a data driven B2B and B2C solutions provider utilizing artificial intelligence with lead generation, automation, and analytics. TDS provides its clients with world class data with the aim of becoming a one-stop-shop for all things data. Reuters, Vodafone, Revolut, Honda and American Express are just a few of the companies they have worked with.  The next stage of development for TDS is within North America, where they are already making inroads into the real estate and capital markets sectors, offering services including business intelligence and research, demographic, market data and public data.  

https://twitter.com/nikspicks1122/status/1508801697111592961

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ARGQ

ARGQ reverse merger is here. The Company just executed a legally binding letter of intent to acquire UK based company, The Data Source (UK) Limited (“TDS”). TDS is a data driven B2B and B2C solutions provider utilizing artificial intelligence with lead generation, automation, and analytics. TDS provides its clients with world class data with the aim of becoming a one-stop-shop for all things data. Reuters, Vodafone, Revolut, Honda and American Express are just a few of the companies they have worked with.  The next stage of development for TDS is within North America, where they are already making inroads into the real estate and capital markets sectors, offering services including business intelligence and research, demographic, market data and public data. TDS is also examining several complimentary acquisitions in Europe and in the United States and sees the potential acquisitions as a defined path for the combined companies in the years to come; hence, TDS is poised to increase its organic revenue substantially in the coming 12 months. 

The basis of the proposed transaction is for Argentum 47 Inc. to acquire 100% of The Data Source (UK) Limited by way of management relinquishing their personal right, title and interest in (i) 40,000,000 shares of Argentum’s issued and outstanding Series “B” Preferred Stock, (ii) 4,378,888 shares of Argentum’s issued and outstanding Series “C” Preferred Stock and (iii) 21,500,000 shares of Argentum’s issued and outstanding Common Stock, which shares of Series B and C Preferred Stock and Common Stock constitute precisely 51% of the voting stock of Argentum on fully diluted and converted basis (“Control Block”). Additional shares of Argentum 47, Inc. Common Stock will be issued to the TDS shareholders post-closing. Management of Argentum 47, Inc. expects to close the acquisition of The Data Source (UK) Limited in April 2022. 

Mr. Peter Smith, sole Director of Argentum 47, Inc., said: “This has been a long road for us at Argentum and I know it has been a long road for many of our shareholders too. This agreement with TDS is a major milestone for the Company and all of its shareholders, as the agreement sees TDS become the controlling element of the Company with a new and exciting direction. TDS has many blue chip clients and a phenomenal amount of activity within the artificial intelligence sector.  They are a well managed company with a seasoned board of high profile people. We have been very impressed with TDS from the outset and look forward to supporting them through this exciting transaction.” 

https://twitter.com/Likko_G/status/1508800227154739209

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Currently trading at a low $3,381,538 market valuation ARGQ has a very favorable stock structure with 735,116,983 shares outstanding with half restricted leaving a float of just 361,890,060 free trading shares out of 950 million authorized. The Company just executed a legally binding letter of intent to acquire UK based company, The Data Source (UK) Limited, a data driven B2B and B2C solutions provider utilizing artificial intelligence with lead generation, automation, and analytics. With offices in London, UK, the Data Source is currently honing in on the North America, where they are already making inroads into the real estate and capital markets sectors, offering services including business intelligence and research, demographic, market data and public data. The Data Source already has an established customer base in the UK including American Express, Bacardi, Vodafone, Money Super Market and Revolt. ARGQ is currently under heavy accumulation, has momentum, significant liquidity, and legions of new shareholders bidding the price higher looking for the $0.016 break and a TSNP style reverse merger move. We will be updating on ARGQ when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ARGQ.

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Disclosure: we hold no position in ARGQ either long or short and we have not been compensated for this article

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