Michael S. Wexler, the Chairman and CEO of Argus Worldwide Corp. (OTCMKTS:VIDGD), announced that the firm’s voting common shares will begin trading on a post-reverse split basis. The firm’s stock, which trades on the OTC Markets, will continue to trade under the symbol ‘VIDGD’ for the subsequent 20 business days. Thereafter, the firm’s new ticker will be ‘ARGW.’
The management view
The CEO said that it is their intention to build out in the upcoming 3-5 years, considerable alternative market positions in the pharma, digital and health divisions of the international economy. In the next one month, Argus Worldwide intends to close the acquisition deal of Cyber Junky Sp z o.o., a unique digital platform for trading and sourcing internet domain names. Additionally, it is planned that the firm will close on or before year end, a Restructure deal with an integrated Pharma and Health group based in Europe and North America that will leave company with a controlling stake in the target firm.
Argus has its registered headquarters in Cheyenne, Wyoming, and affiliated offices in Warsaw, Poland, Amsterdam, Ottawa and Canada.
The update
Earlier in February, the management and directors of Argus Worldwide reported that the firm has bought all rights, and also the title to the “Dynamicon Solar Kinetic System”. The patent presently valued by Independent Accountants at $8 million worth asset has been moved to the company. The asset in discussion is an advanced and new means to support an industrial scale electric generator with sunlight.
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It utilizes solar cells and sunlight to maintain a large stock of Lithium Ion batteries. The Dynamicon can be stated as a 24-hour solution using solar power as a charging means. The creation once up to speed will revolve a large electric generator by means of a heavy casing. Electromagnetic propeller arms to result in copious amounts of electricity.
The existing creation is a reverse electric generator, where the main shaft is stationary with the outer housing armature moving around the main shaft. Following the Dynamicon’s remarkable momentum or kinetic energy it needs small amounts of boost/external energy to keep it spinning.
