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Argo Corp V.ARGH

Alternate Symbol(s):  ARGHF

Argo Corporation is a Canada-based company. The Company is a technology venture delivering the vertically and publicly integrated city transit system designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. The Company’s solution integrates custom software with vehicular hardware to create a network of intelligently routed vehicles that work together to serve and scale real-time to the needs of entire cities. The Company’s mobile application delivers on-demand, door-to-door service that is fully integrated with existing transit lines and systems. The Company partners with cities, transit agencies, and governments to increase ridership to existing public transit systems and put people in control of their mobility.


TSXV:ARGH - Post by User

Comment by NineLiveson Oct 13, 2020 1:00pm
78 Views
Post# 31707618

RE:RE:RE:RE:It’s been proven over and over again

RE:RE:RE:RE:It’s been proven over and over againYou're missing the point. Amazon needed huge volume to succeed due to their slim margins, which aided by the pandemic they now have. Uber, Lyft et al have already proven that strong volume does not add to their bottom line. Which tells us their business model is broken. They would have to raise prices at least 30% to make a profit which would put their whole business plan in jeopardy. It's basic accounting.
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