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Without wanting to engage this person I addressed below any more than necessary, there are those who would like to know just what was meant by this not-so-veiled reference to a "Sheila" with supposedly 3.1 million shares of MGLD. Also, clarification is requested about calling her an "insider" and a "relative"
This whole matter seems to be a bit of a mystery to folks who count. Please give us all a brief and concise explanation with due honesty and without the spinning of any tales.
Re: None
Thursday, November 03, 2022 1:56:07 PM
Post# of 3483
Samuel, several posts ago you made reference to a "Sheila" with 3.1 million shares (5%) of MGLD being missing from the float totals. You used the words "relative" and "insider" with regard to her. Can you more fully explain what that all means with relation to you and MGLD?
Thanks.
I do believe with what I have gathered from signals made here on this MGLD forum that it is definitely time to "fold 'em" and not "hold 'em" on anyone's aspirations of being on the company's board.
I'll now hit the "Submit Post" button.
New_Fund_Land_Ahead, MGLD subsidiary to launch new commodity fund
USCF Metals Commodity Strategy Fund (MTLX)
New SEC filing submitted 4 November 2022
https://www.sec.gov/Archives/edgar/data/1597389/000117120022000344/i22480_etfmtlx-485apos.htm
Well, let me make this brief and clear then. If I see any more "painting of the tape" with regard to what happens at the close of MGLD, I'll be the first one to go to the SEC myself and get the culprit(s) on their radar screens. I won't abide any financial shenanigans nor will I ever tolerate market cheaters. Take that as you will. You can count on it!
https://www.investopedia.com/terms/p/paintingthetape.asp
Samuel, several posts ago you made reference to a "Sheila" with 3.1 million shares (5%) of MGLD being missing from the float totals. You used the words "relative" and "insider" with regard to her. Can you more fully explain what that all means with relation to you and MGLD?
Thanks.
Let me first ask here if the person who wanted us to recommend them to MGLD about being on the board is even still interested in our pursuing the matter on their behalf. Do let us know.
Genuine discouragement along with a somber dose of reality concerning unforgotten and seemingly unforgiven past interactions with MGLD wouldn't be at all surprising to hear expressed from that person. That is, of course, if we hear anything from them at all. I suppose one has to realize when, with certain blown opportunities, its time to "fold 'em" instead of "hold 'em on specific aspirations in life
Definitely something to consider and deeply ponder for anyone.
A few weeks ago a person on this message board stated that they would like us to approach MGLD and recommenced this person to fill an open position on our company Board of Directors.
As you know from my prior post, I tried to do just that several days ago to no avail. Please let me know if any of you would want me to re-contact MGLD about reconsidering their response, or if any of you would like to risk trying it yourselves.
If one or more of you would like to go it alone, be prepared for the worst. I got the distinct and immediate impression that what I tried to suggest was without a doubt the lousiest idea ever presented to them! But, who knows? Maybe you'll have more luck with MGLD than I did.
My call to MGLD earlier this week about adding someone known to them from here to an open position on the board was met with intense laughter at first, followed by telling me I needed a psychiatrist for even asking something that bizarre. I was subsequently told to call back when I had something intelligent to discuss followed by "thank you" and then "click."
FWIW to anyone interested. Your guess is as good as mine as to what they could have been thinking.
It was also a distinct pleasure to see the immediate effect my MGLD post from last night had on our board members. Nothing pleases me more than acknowledgment of the truth set before people by their responses to it.
BTW, did any of you see the 6 shares of MGLD sold pre-market today @ $0.83?
Anyone want to offer an opinion as to who among us was responsible for that act?
As of now its $1.15 and who knows what the rest of the day's responses will bring out from the posts of our over-extended and consistently gentle MGLD players. Oh, yes!!
It was a pleasure to see the high-quality accompanying slides used in MGLD's conference presentations. I'm sure that with the live part of what our directors have to add during these sessions it makes a remarkable statement to an audience as to just who we are and what we do. Well done.
MGLD's October 2022 LD Micro Presentation slides available
Company website:
https://themarygoldcompanies.com/investor-presentation/
8K Filing:
https://www.sec.gov/Archives/edgar/data/1005101/000143774922024640/0001437749-22-024640-index.htm
The Marygold Companies to Participate in LD Micro Main Event XV Conference
https://www.businesswire.com/news/home/20221018005273/en/
.
Yes, let's move on and sorry for coming out aggressively, that was certainly not my intention but I can clearly see how it would be perceived. I'll read what you wrote later when I get a chance
I hear your words of explanation and I've heard all that from you here before, usually following an outburst that you somehow want to walk back.
Did you hear any of my words addressing point by point what was contained in your emails? I didn't hear anything in your last post indicating you may have been wrong on those points, or that you will look into it to verify the truth for yourself.
Let's move on if that is your wish. BTW, the creation or assignment of warrants is not a reportable event. Warrants exercised privately by the public, or shares sold privately to the public or entity do not have to be reported at all. Warrants exercised or shares bought by those within the company MUST be reported.
These two types of transactions (shares sold, warrants exercised) whether by a public person, entity and/or one within the company would then be reflected in the public float totals since once an individual or entity is in control of them they are in a sense "public."
Most of these share transactions, once completed to insiders, may also have any of a wide range of additional restrictions available for a company to attach at its discretion to insure that no quick liquidations occur. Restrictions placed on shares acquired thru warrants do not change their being included in the public float totals.
You might have been confusing the concept of a company's secondary offering of additional shares to the public to raise capital, which, unlike a "shelf offering" must be reported and will affect the float totals as they are sold.
I never was aggressive with you, so why are you taking it in that tone? Emails and Texts have zero emotions tied to them, while ALL CAPS seems to say otherwise. All I was trying to see or ask was it a bad thing or not? I can clearly see that the shares outstanding growing can be worrisome to some, but it all depends on the timeline they get sold and for what reason. If a family member passes and another inherits them, they could easily sell, but if the owner of the company who is family to said person states it would be a mistake doing so, the surviving owner might listen and not sell, especially if they don't need the monies at this time.
That's all I was trying to convey. My friend was just sharing with me and I decided to post, he wasn't even in the know until I told him and was ok with it.
Wow! TWO responses of over-reaction to a simple point I made as a possible explanation for the increase to 10.5 million shares which, in one of your emails, you and your "friend" now state MAY be incorrect. Show ME the link or the source from which YOU and again your "friend" draw the conclusion of it being in error.
If you also can't reconcile Sheila's shares not being shown in all this mix, who's fault is that? That's got nothing to do with me or my prior post. Why you just had to bring that up is your affair.
And a few others things you've gotten wrong: People CAN buy shares directly from the company coffers. Its done all the time if you'll care to check that out before asserting the negative.
As far as your question in your first response that asked "So is that good or bad short or long-term?"........figure it out for yourself, Samuel, since you seem to be starting to fall back into your former state on this board by being an aggressive know-it-all that gets on tilt over nothing.
Just take an honest look at what you said and how you said it, huh? Be sure to give my regards to your "friend" sometime today, will you?
A friend sent me this information: "Actually the ihub fundamentals page is saying 10.5 m float. That may or may not be right. Ihub # seems to be missing Sheila's 3.1m shares. As a 5% owner those are also sort of restricted, (plus being a family member) she would be considered an insider."
The company cannot just issue shares without announcing such. Even the exercise of warrants would need to be disclosed.
Any chance you can share a link to your findings?
So is that good or bad short or long-term?
Public float is now 10,570,000 shares, up from the last number I recall making note of which was around 7,000,000. Looks like shares are being bought directly from the company and/or warrants are being exercised before expiration since the total issued share count has also risen.
Appreciate your response and wholeheartedly agree with you. Either way, I don't believe this year will be a good fit, but there's always the possibility of 2023-2024.
Decided to buy a few more shares today, and so did others at $1.25 towards the end of the trading day. I only got partially filled, and hope the seller at $1.30 is now partially out of the way.
Samuel, your life's journey and your willingness to get the job done isn't in question, only your qualifications. How many other shareholders have said to themselves that THEY could do a better job than the directors of the companies in whom they've invested if given half a chance?
Why not test the waters first by speaking directly to MGLD's directors and get their input as to what they think of your idea? They're certainly approachable. I wouldn't be at all opposed to you being on the board if it felt like a proper fit in their estimation.
Is there anything in your past interactions with the company that could still work against you? If so, try to heal all that first as you speak to them.
Just a thought. Good luck!
Thanks for the kind words!
I truly believe I have what it takes to get the job done. I have done so much in my life, so much!
Samuel, I understand your zest to serve MGLD, and its admirable, but in the brutally competitive world of domestic and international marketing do you really have the required years of vast and wide-ranging experience having been immersed in the high-level, strategic and critical monetary decisions and corporate deal-making that a potentially far-flung enterprise like MGLD will need?
Let me correct your thinking lest you misinterpret what has been said to you, even if its something you might take issue with.
Links are appreciated if they're fresh, informative and non-repetitive. I also said what I had to say about the unnecessary posting of commentary meant to buoy our spirits when our full support for MGLD is already in evidence. In other words, the personal pep talks to us serve no purpose except to satisfy the sender.
Please nominate me to the board at info@themarygoldcompanies.com for an open spot for a board member.
Samuel Eitan Cohen
Please nominate me to the board at info@themarygoldcompanies.com for an open spot for a board member
Seems there may be an open director's position
Any nominees?
Obviously no need to add the link here, I'm sure every informed investor read all about it.
We have a poor uneducated SCHMUCK on our hands this morning sitting at $1.30. I await his sale to me and others.
No one here needs to see an SEC document to underscore their personal belief that David Neibert truly believes in MGLD. By your post that merely states the obvious, I hope your faith in his commitment wasn't waning to the point of needing him to actually reinforce it by buying more shares, was it? ELAL was nice in sharing it with we staunch supporters, but notice how he gracefully let it speak for itself without comment.
I'm well versed in the AON vs Avon calling and GTC vs a Ferrari GTC but love your simple explanations. Bottom line, accumulating 5k,10k AON here is like waiting for the Messiah to arrive. Better luck on scratch offs in my humble opinion. I decided to stop buying for the time being since I now have around 440k
My GTC AON (Good til canceled, All-or-none) MGLD buy/sell orders that aren't showing on the bid/ask won't be filled with the paltry volume coupled with the price we're seeing now.
I'm way below the bid and way above the ask for either event but leaving myself the option to buy smaller amounts at will. Its also a nice mini-bonus that we've been in the zero sales commission era with brokerages, although commissions never hurt any trader I know of. Like me, they're too busy making dollars to worry about tripping over pennies.
Should be fun to see who can accumulate a sizeable position nowadays, without bringing the stock up to $2+
Shows that MGLD's COO still believes in the company
Direct SEC link:
https://www.sec.gov/Archives/edgar/data/1005101/000152468722000002/xslF345X03/primary_doc.xml
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Or 867-5309 / Jenny
That's just pi in the sky!
Better than ELAL747 3.148675309
MM's playing tricks? Never heard of such a thing!
Thank you ELAL7474.9999
LMFAO first off and I wish I could buy like that. Years ago you could, so the M&Ms are playing their tricks with treats, closer to Halloween
Its 11:45 here in NYC and my screen shows that 25 minutes ago someone just bought 6 shares of MGLD @ $1.1999, down $0.0001. Was that any of you and just how did you manage THAT?
Nyuk! Nyuk! Nyuk!
Bienvenue maison, mon juif bon vivant!
Just got back tonight and on my way home. Super exhausted even with flying business / first but will crash next 2 hours so I can be up at a normal time to start the fun process of laundry and checking mail.
Had a blast in Lisbon, Abulfeira, Vilamoura, Malaga & Seville.
When will you be back here in the U.S.?
They are so Desperately Seeking Susan to make it look weak, that it makes me laugh and cry at the same time.
LMFAO!!! GREETINGS FROM YUL = AKA OOH LA LA & HAHA (FRENCH ACCENT INSERTED)
Parden me, Matthew!!
BTW, this was another informative and to-the-point MGLD post with solid updates that are worth reading. Thanx for leaving out additional commentary baggage.
The factual links more than speak for themselves.
Recently acquired Tiger Financial gets Marygold touch-ups
http://www.tfam.co.uk/home/page.php?id=1
https://themarygoldcompanies.com/the-marygold-companies-completes-acquisition-of-tiger-financial-asset-management-limited/
.
Did any of you see that precipitous price drop on that incredibly high day's volume? More Friday tricks being played here than on a Halloween night!
Watch how this all MGLD game-playing ultimately works to our benefit as we start to march the ball downfield when momentum turns our way.
For we shareholders, we're in essence still early in the first quarter and on a commercial break. Oh, look! Its Taco Bell! No, wait! Its Progressive Insurance!
Absolutely and no worries
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