Windsor, Berkshire, United Kingdom -- May 2, 2022 --
InvestorsHub NewsWire -- Argentum 47, Inc.
(www.arg47.com) (OTC:
ARGQ) is extremely delighted to announce that, on
April 29, 2022, the Company has acquired The Data Source (UK)
Limited (“TDS” / www.thedatasource.co.uk), an
artificial intelligence driven sales and marketing company based in
Berkshire (United Kingdom). The basis of the transaction was for
Argentum 47 Inc. to acquire 100% of The Data Source (UK) Limited by
way of management relinquishing their personal right, title and
interest in (i) 40,000,000 shares of Argentum’s issued and
outstanding Series “B” Preferred Stock, (ii) 4,378,888 shares of
Argentum’s issued and outstanding Series “C” Preferred Stock and
(iii) 21,500,000 shares of Argentum’s issued and outstanding Common
Stock, which shares of Series “B” and “C” Preferred Stock and
Common Stock constitute 51% of the voting stock of Argentum on
fully diluted and converted basis (“Control Block”). Additional
shares of Argentum 47, Inc. Common Stock will be issued to the TDS
shareholders post-closing.
Since launching in 2014, The Data Source (UK) Ltd. has been
supplying blue-chip clients with data and marketing services that
they need to succeed. Under the leadership of renowned business
partner Mr. Robert Stephenson, this small company has grown into
one of the market's leading players, providing data intelligence
solutions to some of the biggest corporations around the world.
Through an unwavering commitment to excellence and a strong
focus on building strong partnerships with key clients, The Data
Source (UK) Ltd. has successfully established itself as a trusted
provider of cutting-edge data solutions. Whether working with large
companies or individual entrepreneurs, Stephenson and his team are
driven by a shared goal of helping their clients achieve their
business goals using the most up-to-date and accurate data
available. With a proven track record of success and an unshakeable
commitment to customer satisfaction, The Data Source (UK) Ltd. is
poised for continued growth well into the future.
In 2020, this commitment to growth and innovation fueled the
company's decision to incorporate artificial intelligence into its
lead generation data intelligence solutions. With AI, The Data
Source (UK) Ltd. helped its clients improve their sales and
marketing strategies, becoming one of the most trusted providers of
data intelligence in the United Kingdom. Its products and services
are used by some of the country's largest companies, thanks to the
company's commitment to quality and reliability. Whether it is
providing access to accurate consumer data or creating targeted
marketing strategies tailored specifically for clients such as
“American Express”, “Vodafone”, or “Revolut”, The Data Source (UK)
Ltd. has become a leader in the field of data intelligence due to
its extensive expertise and unparalleled knowledge of current
trends in technology. Thus, it is no surprise that this innovative
company has established itself as a leader in its field - an
achievement that will undoubtedly continue well into the future as
new technologies emerge.
The Data Source (UK) Ltd. has been experiencing incredible
growth over the past few years. This results-driven company has
been investing in the latest AI data-collection technologies, lead
generation analytics platform and staff training and development,
positioning it to be a leader in its field. Its commitment to
excellence is paying off. The Data Source (UK) Ltd. has already
generated $1.1M in sales in Q1 of this year and is expecting to
grow at a rapid rate given its investment into its technology. With
its cutting-edge proprietary tools and skilled team, The Data
Source (UK) Ltd. is well positioned for continued success in the
coming years.
The Data Source (UK) Ltd. is expected to acquire in the region
of 600 new clients throughout 2022 and into 2023. Many of these
will derive from their existing client base and from the companies
that The Data Source (UK) Ltd. will acquire. The primary customer
acquisition channel will be predominantly their highly trained
in-house sales team. The customer and revenue stream are expected
to quadruple, and then grow organically at a steady rate from 2023
onwards. This growth is attributable to The Data Source’s extensive
database, excellent customer service, and technology.
Prior to closing the transactions, Mr. Peter Smith resigned as
sole director of the Company and Mr. Nicholas Tuke also resigned as
the company’s President, CEO and Secretary.
Mr. Alan Devlin, the Company’s newly appointed President, CEO
and Secretary, and Mr. Kieran Sweeney, the newly appointed Chairman
of the Board and Director, are repositioning The Data Source (UK)
Ltd. as an aggressive company this year by taking an integrated
approach and focusing on results rather than pursuing a single
variable or strategy at the expense of others. This includes
leveraging both organic growth and complementary acquisitions, as
well as pursuing new business verticals that can be brought into
the group. Furthermore, the company is constantly looking for
innovative ways to launch new products and brands, as well as
expanding their reach through investment in cutting-edge
technologies such as digital marketing, AI, 5G, analytics, lead
generation, data management, and blockchain. Through these efforts
and others, The Data Source (UK) Ltd. will strive to remain a
leader in today's rapidly changing business landscape. Whether
through organic growth or complementary acquisitions, The Data
Source (UK) Ltd. is committed to achieving continued growth for
years to come.
About The Data Source (UK) Limited
The Data Source (UK) Ltd. is a cutting-edge B2B and
B2C company that specializes in using the latest digital
marketing technology to help businesses stay ahead of their
competitors. Utilizing advanced AI capabilities, the company is
able to provide clients with high-quality leads at reduced costs,
resulting in increased ROI. With an extensive range of services
that span across AI, analytics, data storage, and digital
marketing, The Data Source (UK) Ltd. works with clients in a
variety of sectors to maximize their data potential and optimize
their online campaigns across multiple channels.
About Mr. Alan Devlin
Mr. Alan Devlin has always been at the forefront of the digital
industry, with a career that spans nearly two decades. His immense
knowledge and expertise in this field has allowed him to build
strong networks both in Ireland and around the world, giving him
unparalleled reach within the tech sector. Moreover, Alan's work in
promoting business growth within this field is truly exemplary.
Throughout his career, he has consistently demonstrated a deep
understanding of both business and technology, constantly
pioneering innovative ideas and strategies to help businesses
thrive. Whether through providing expert advice or spearheading
groundbreaking initiatives, Alan is a true pioneer in the tech
industry - a visionary who is at the very forefront of innovation
and progress.
Since his career began in 1996, Alan has founded and exited
several leading digital businesses. He built Ireland's largest
digital agency as the commercial director of Webfactory, which he
sold in 2015 to start eDot Invest, a digital industry venture
capital and incubator that has helped several technology companies
reach their full potential. Alan has won numerous digital industry
awards and has several other digital industry investments in both
domestic and international markets.
Over the last four years, Alan and his team at eDot have been
instrumental in generating new business and collaborating with The
Data Source (UK) Ltd. to develop and implement new and highly
effective business strategies for the company.
In his role as CEO of Argentum 47 Inc., Alan and his team will
be responsible for increasing shareholder value, expanding into new
markets and restructuring the company in order to absorb and
deliver on the company's phenomenal current and future growth
potential.
About Mr. Kieran Sweeney
Former Program Director for Version 1, the largest indigenous IT
Consultancy firm in Ireland. Version 1 employs over 1,000 people in
the UK and Ireland and has a turnover of 80 million Euros. (Winner
of the Deloitte Best Managed Company for 5 years running.) Kieran
joined Version 1 in 2006 (when it had less than 100 employees) and
was instrumental in its growth to its current status. Kieran is
relentless in his pursuit of technological and digital innovations
that will disrupt and transform the world. He has a deep
understanding of how to leverage technology for business and is
unrivaled in bridging the gap between technology and the executive
table. Kieran began his career in Andersen Consulting following his
receipt of a master’s in Electrical and Electronic Engineering in
1995 and also a Masters in Executive Leadership awarded in 2010.
Kieran is a sought-after speaker and advisor, and he is passionate
about helping businesses unlock the power of technology.
Safe Harbor Statement
This press release may include forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements related to anticipated revenues,
expenses, earnings, operating cash flows, the outlook for markets
and the demand for products. Forward-looking statements are no
guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to
differ materially from the forward-looking statements. Such
statements are based upon, among other things, assumptions made by,
and information currently available to, management, including
management’s own knowledge and assessment of the Company’s industry
and competition. The Company refers interested persons to its most
recent Annual Disclosure and other disclosure documents uploaded to
OTC Markets for a description of additional uncertainties and
factors, which may affect forward-looking statements. The Company
assumes no duty to update its forward-looking statements
IR Contact Details:
Mr. Stanley Wunderlich
Consulting for Strategic Growth 1, Ltd.
Royal Palm Place,
101 Plaza Real South, Suite 612,
Boca Raton, 33432 Florida, U.S.A.
Telephone: (516) 729 3714
Email: swunderlich@cfsg1.com
Company Contact Details:
Mr. Alan Devlin (CEO) / Mr. Kieran Sweeney (Director)
27 Sheet Street,
Windsor,
Berkshire,
SL4 1BN United Kingdom
Telephone U.S.: (833) 568-8228
Telephone U.K.: +(44) 121 615 4720
Email: info@argq.io
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