Argo Corp V.ARGH

Alternate Symbol(s): ARGHF

Technology Software - Application

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

Argo Corp > Restricted shares

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Comment by deleuze68on Feb 10, 2021 8:21pm

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Post# 32533378

RE:RE:Restricted shares

It's not just insiders. 13.5 million shares will be released from lock up on March 16th. Insiders own about 65% so even if they don't sell that's still 4.7 million shares, or more than 10x the daily volume, that will almost guarantee be dumped. One of the shareholders is currently suing Facedrive because he didn't agree to the lock up and Facedrive won't release his shares. You telling me he won't sell the first chance he gets?

Also why are we comparing Facedrive to Uber and Lyft? That's like comparing the local diner to McDonald's.

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