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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

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Post by Anthony38on Oct 13, 2020 3:13pm
154 Views
Post# 31708350

Q2 Results

Q2 ResultsQ2 results are out and it is what is expected truly. Any company specializing in rideshare was especially hit by the effects of Covid 19. What Facedrive did that was smart was diversify their operations since then. They acquired Foodora and launched a food courier segment, they are on the frontier of contact tracing with TraceSCAN, partnering with Air Canada for a pilot program there. I can tell you that with these moves, Q3 results will be loads better, even if the government decides that another lockdown is what needs to happen. They made moves to ensure these results do not recur. There would be cause for worry if nothing was done between then and now. 
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