ITEM 8.01 OTHER EVENTS.
On February 26, 2021, the Board of Directors of Argentum 47, Inc. ("Company")
determined that it would be in the best interests of the Company to terminate
the Company's registration with the Securities and Exchange Commission
("Commission") under Section 12(g) of the Securities Exchange Act of 1934
("Exchange Act") by filing a Form 15 with the Commission.
We intend to file the Form 15 on March 2, 2021. After filing the Form 15, we
will no longer be filing periodic reports on Form 10-K, Form 10-Q or Form 8-K.
However, we will be posting information about the Company with OTC Markets under
its Alternative Reporting Standard on an annual and quarterly basis. Our shares
of common stock will continue to be quoted on the Pink Market.
For the last ten years, we have been periodically and consistently reporting to
the SEC. In August of 2018, we acquired Cheshire Trafford UK Limited, a United
Kingdom Independent Financial Advisory firm (IFA). This subsidiary was acquired
after enduring an audit that took almost 9 months to complete. Prior to the
acquisition of Cheshire Trafford, there were two other Independent financial
advisory firms that we would have acquired. One was based in the United Kingdom
and the other in Malaysia. We had agreed to terms with both firms and
unfortunately ended up not acquiring either, as audits were taking way too long
to get finalized and the principals of both potential acquisitions grew tired
and decided to not sell their businesses to our Company.
Today, after months of verbal negotiations, we have another potential
acquisition in our sights. It is an Independent Financial Advisory firm based in
Singapore administering more than $200 million U.S. Dollars and historical gross
income of more than $2 million U.S. Dollars.
As previously reported on our Current Report on Form 8-K filed with the
Commission on December 4, 2021, on December 3, 2020, we agreed to funding terms
for $3 to $5 million U.S. Dollars with a Regulated Fund based in Luxembourg;
hence, we already have the money committed to acquire the Singaporean asset.
If we were to continue to report to the SEC, the Singaporean IFA would have to
undergo an audit of its prior two fiscal years and, historically, we know that
this will take at least 6 to 9 months to complete. By opting to post information
about the Company with OTC Markets under its Alternative Reporting Standard on a
quarterly and annual basis, these cumbersome audits will not be required; hence,
once we finalize our stringent due diligence process, we will be able to go
directly to a Letter of Intent and then start the process of acquiring this
Company immediately after.
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ARGENTUM 47, INC. 
