CHEYENNE, Wyo., Nov. 14, 2016 /PRNewswire/ -- Michael S. Wexler, Chairman and CEO, Argus Worldwide Corp. (formerly Vid3G Inc) reported today that the Company's voting common shares will commence trading today on a post reverse split basis of 1:3500. The Company, which is listed on the OTC Markets (Pink Current) will trade for the next 20 business days under the symbol VIDGD. Thereafter, the Company's new ticker symbol will be ARGW.
Mr. Wexler explains that, "It is the Company's intention to build out over the next 3-5 year period, substantial alternative market positions in the digital, health and pharma sectors of the global economy. Over the next 30 days, the Company plans to complete the acquisition of Poland based Cyber Junky Sp z o.o., an innovative digital platform for sourcing and trading internet domain names. In addition, it is intended that the Company will complete on or before year end, a Reorganization Agreement with an integrated Health and Pharma group based in North America and Europe that will leave Argus Worldwide with a controlling position in the target company."
Argus Worldwide Corp. is a US corporation with its registered head office in Cheyenne, Wyoming. The Company has affiliated offices in Ottawa, Canada, Warsaw, Poland and Amsterdam, The Netherlands.
FORWARD-LOOKING INFORMATION : Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "will" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained here.
SOURCE Argus Worldwide Corp.