Cheyenne Wyoming, Wednesday, June 13, 2018: Argus worldwide Corp. (www.argusworldwide.com) reported today that the Company will restructure its digital/internet unit under a new global technology business initially comprised of its Cyber Junky unit and the 40% interest in India based Tejovat Technologies Pvt Ltd. which the Company is currently acquiring. It is intended that the new business, which will be called CyberJ Inc., will initially be wholly owned by the Company when it launches on or before year end 2018.
Explains Michael Wexler, Chairman and CEO, “we are gearing to fortify our digital/internet activities with a great deal more economic and human capital over the short to medium term to build out our sector activities as quickly and efficiently as possible as well as to create a far more robust infrastructure than we have in place today to support the growth and development of our businesses. At the same time, we are taking s closer look at our operations today and will make whatever changes we feel may be warranted to optimize the efficiency and effectiveness of our activities going forward in light of the pending start up of CyberJ.”
Argus Worldwide Corp is a diversified operating company engaged in the development or acquisition of corporate properties in ‘go to’ business segments including but not limited to digital/internet products and services. Through its holdings in Dutch based BioPharmcor BV, the Company is also involved in the health industries, in particular the development of generic pharmaceuticals. The Company maintains its registered corporate office in Cheyenne, Wyoming and has affiliated offices in Ottawa, Canada; Warsaw, Poland; and Amsterdam, The Netherlands. Shares of Argus Worldwide Corp. are traded on the US OTC Markets; Pink Current (OTC: ARGW).
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