Argentum 47 Inc. (OTC:ARGQ) Stock Gains Momentum: Here is Why

Investors are almost always on the lookout for the next big thing in the stock markets, but it requires a great deal of research to discover such stocks. One of the companies that could well be worth looking into at this point in time is Argentum 47 Inc. (OTC:ARGQ), which was, in fact, in the news cycle on Tuesday. It is a globally diversified holding company that specializes in the fields of web-powered services, marketing-related solutions, and artificial intelligence-backed technology.

The company’s Chief Executive Officer, Robert Stephenson, shared a key business update yesterday, and that brought Argentum into focus. It was revealed that the company continued to be committed to the expansion of its business, further boosting its capacities for proprietary technology, and creating a position at the forefront of innovation. It was revealed that in the fourth quarter of 2022, the company had forged an alliance with a firm based out of New York City that is known for providing advice on financial matters.

In the first quarter of 2023, Argentum engaged a Toronto-based firm involved in providing shareholder engagement and digital front management services. It was noted in the update that the alliances were important to the overall growth strategy of Argentum. In the first quarter of this year, the management team of the company spoke to a diversified group of advisors and investors. Those discussions allowed the company to have a better understanding of what ought to be done to be successful in its strategic plans.

Additionally, it was also revealed that Argentum was also pursuing a range of options to raise funds in order to speed up its growth. One of the more important updates from the company was pertaining to the fact that it had been successful in eliminating all the legacy debt. Consequently, it was also working on meeting the requirements in order to get its stock uplisted to the OTCQB tier in the OTC market at some point in the fourth quarter of 2023.

On March 30, 2023, Argentum announced that it had appointed James Blackhouse as its new Chief Sales Officer, a position that had been newly created at the time. In the news release, the company noted that Blackhouse has more than 8 years of experience in the particular role of implementation and development of corporation growth and sales strategies for emerging outfits. At the time, Stephenson, the company’s CEO, noted that everyone at the company was thrilled to have welcomed Blackhouse into the fold.

He went on to state that there was widespread confidence at the company about the skills of the new appointee in the fields of corporate finance and sales. Additionally, it was further noted that the appointment would also go on to boost the expertise of the management team of the company and thereby make a positive contribution towards the growth of the company in the upcoming years. He went on to add that Blackhouse would also help the company with corporate planning, capital market needs, and expansion.