Marygold Companies Inc (MGLD)

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Today was an excellent time to do some reading about 'Concierge Technologies. A snow covered frigid day here in SC.

Bought a small amount this past week @.08 to possibly add to.


NOTE 15. SUBSEQUENT EVENTS
Item 2. 
Management’s Discussion and Analysis

Liquidity
During the previous 12 months we have invested approximately $3.5 million in cash towards purchasing and assimilating Gourmet Foods and Brigadier Security Systems into the Concierge Technologies group of companies. We have continued to pursue alternative business strategies with Kahnalytics and intend to grow that opportunity by implementation of a new sales channel and recurring revenue stream model in the coming months that is envisioned to produce a sustainable, recurring, revenue stream when finalized. Management forecasts both Gourmet Foods and Brigadier Security Systems to produce a profit during the current fiscal year and the realization of those profits by Concierge is not expected to be significantly impacted by foreign currency fluctuations against the U.S. dollar during the current fiscal year. While we intend to maintain and improve our revenue stream from wholly owned subsidiaries Kahnalytics, Brigadier Security Systems and Gourmet Foods, we have also entered into an agreement to acquire Wainwright Holdings, Inc., an affiliate of our CEO Nicholas Gerber, through a stock-for-stock exchange. The particulars of the proposed transaction are more specifically detailed in the Company’s form 8K filed on September 20, 2016 with the United States Securities and Exchange Commission and incorporated herein by reference. We are also looking to expand our business to include other synergistic partners and pursue possible licensing agreements for product distribution on a global scale. Provided our subsidiaries continue to operate as they are presently, and are projected to operate, we have sufficient capital to pay our general and administrative expenses for the coming fiscal year and to adequately pursue our long term business objectives.

Above see pg 27

In connection with the Quarterly Report of Concierge Technologies, Inc. (the “Company”) on Form 10-Q for the quarter ended September 30, 2016, operations of the Company.
 
Date: November 21, 2016
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11699766

CNCG

So far so good, and thanks for both replies, looks to be a very informative board ya'll have here. 1c