Argentum 47 Inc. (OTC:ARGQ) Stock Takes a Hit: Here is Why

If you are currently interested in innovative companies, then it could be a good time to take a closer look into Argentum 47 Inc. (OTC:ARGQ). The company is one of the leading players in providing artificial intelligence-backed marketing services. Its services include advertising, branding, and lead generation.

On Tuesday, the company announced the launch of its Revolutionizing Business Energy Claims program in the United Kingdom with AI Marketing Tools. In the press release, the company revealed that it had decided to work on transforming the business energy claims space in the United Kingdom through the use of data analytics, artificial intelligence-powered marketing tools, and advanced algorithms. It would help the company identify those businesses that had been either overcharged or misled by the energy brokers in the country.

In recent times, energy costs in the United Kingdom have spiraled out of control. That led to the country’s energy regulator, Ofcom, putting a cap on energy prices so as to protect businesses as well as individuals from getting into debt. In fact, spiraling energy prices were the reason for the on-going ‘Cost of Living Crisis’ in the country. The energy market in the United Kingdom has also thrown up plenty of cases of enterprises being victims of contract discrepancies, overbilling, and other similar practices. The situation led to considerable financial losses for a number of businesses.

The energy claims market in the United Kingdom is estimated to be worth billions of dollars since many businesses are owed considerable amounts by way of compensation. Through the use of an artificial intelligence-powered approach, Argentum 47 seeks to help such businesses in the United Kingdom with the recovery process. The analytics tools and algorithms could go through vast amounts of data and unearth those who could be victims of such practices.