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Marygold Cards & More
Current Marygold & Co Cards
https://marygoldandco.com/our-card/
Marygold & Co Ads
MGLD subsidiary getting into Al
Aluminum, the other white metal.
Aluminum (Al), also spelled aluminium, chemical element, a lightweight silvery white metal of main Group 13 (IIIa, or boron group) of the periodic table. https://www.britannica.com/science/aluminum
USCF Aluminum Strategy Fund:
The Fund is an actively managed exchange-traded fund (“ETF”). The Fund seeks to achieve its investment objective by using a proprietary methodology that seeks to provide exposure to the price of aluminum through aluminum-based derivatives investments.
https://www.sec.gov/Archives/edgar/data/1597389/000117120023000307/i23275_etfalum-485apos.htm#i23275a_001
At The Top:
https://www.archives.gov/files/publications/prologue/2014/summer/aluminum.pdf
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Nearly 11,000 waiting to download Marygold App in May/June
https://www.sec.gov/Archives/edgar/data/1005101/000143774923014574/ex_520031.htm
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Marygold wait-list runneth over? Wait-list taken down from website
But still available from an old link:
https://marygoldandco.com/sign-up-for-waitlist/
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Marygold App on Google-Play & Apple's App-Store since April
https://play.google.com/store/apps/details?id=com.marygoldandco.marygoldandco
https://apps.apple.com/us/app/marygold-co/id1570665013
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MGLD Info from earnings report, COO, CEO comments":
“The Company again achieved profitable operations for the third fiscal quarter, as we continued to invest in the final stages of development of our Marygold mobile fintech app,” said David Neibert, Chief Operations Officer of The Marygold Companies. “
“Our non-financial operations – Food Products, Security Systems and Beauty Products – were profitable overall for the third quarter, with slightly increased revenues as a group. Inflationary pressures again had an impact on margins at these business units, and initiatives are progressing that are intended to enhance the performance of these businesses through product mix changes and entrance into new sales channels,” Neibert added.
Nicholas Gerber, TMC’s Chief Executive Officer, said, “Notwithstanding the uncertain economic environment and turbulence in the commercial banking and financial sector, TMC is performing well and is on target to meet our objectives. We are optimistic about the prospects for each of our operating units and particularly excited by the early results of beta testing for our Marygold mobile fintech app. Marygold has about 11,000 individuals on a wait list who, during May and June, we intend to invite to download and use the app. We expect a formal marketing campaign and open commercial launch of the app in the near future. The entirety of the Marygold app development has been accomplished by the use of internal funds derived from existing profitable consolidated operations. We are extremely proud of that accomplishment and that TMC remains debt-free and without dilutive equity capital raises.”
https://www.businesswire.com/news/home/20230515005798/en/
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MGLD Earnings due early next week
2022's Q3 earnings were released on May 16.
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Today's press release on new fund
"WALNUT CREEK, Calif., May 4, 2023 /PRNewswire/ -- USCF today announced it has launched the USCF Energy Commodity Strategy Absolute Return Fund (USE). USE seeks long-term total return by using a proprietary methodology to invest in and allocate among energy-related derivative instruments based upon oil, petroleum, and natural gas, as well as other energy-related derivative instruments. USE is an actively managed exchange traded fund (ETF)."
"After 17 years of managing commodity ETFs, we are excited to launch a fund that uses that experience," said John Love, President and CEO of USCF. "USE provides long, short, or spread exposure to the energy sector using our proprietary quantitative methodology."
https://www.nbc11news.com/prnewswire/2023/05/04/uscf-announces-launch-uscf-energy-commodity-strategy-absolute-return-fund-ticker-use/?outputType=amp
USCF FB
https://www.facebook.com/photo/?fbid=681868100612160&set=a.465357172263255
USCF
https://www.uscfinvestments.com/home
MGLD Subsidiaries
https://themarygoldcompanies.com/subsidiary-companies/
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Newest fund approved today, MGLD's subsidiary USCF: USE
USCF Energy Commodity Strategy Absolute Return Fund
https://www.sec.gov/Archives/edgar/data/1597389/000114336223000160/USE050323.pdf
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Global Fintech Interview with Timothy Rooney, President Marygold & Co
May 1, 2023
https://globalfintechseries.com/mobile-banking/global-fintech-interview-with-timothy-rooney-president-at-marygold-co/
"feedback from our testers is thrilling"
Looks like this week, possibly tomorrow even.
Stay tuned for More News to USE
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Yu Got Smile
Updates to MGLD web pages
https://themarygoldcompanies.com/management/
James on board too
https://themarygoldcompanies.com/board-of-directors/
Stuart in board, Katie out board
https://themarygoldcompanies.com/the-marygold-companies-appoints-two-new-board-members/
Then again, maybe next week.
Could be more MGLD info before that even.
Possible News We Can USE Tomorrow
April 18
"pursuant to paragraph (b)"
Extra Board Today
A new board and a swap a board.
https://www.businesswire.com/news/home/20230417005084/en/The-Marygold-Companies-Appoints-Two-New-Board-Members
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Ready for App Launch? Cardholder Agreement now included on Marygold & Co website
https://marygoldandco.com/termsandconditions/
Last Updated: March 24, 2023
Home page updated with link to all legal documents.
https://marygoldandco.com/
https://themarygoldcompanies.com/
Original Sprout Exhibiting at Natural Products Expo West Today
$MGLD Subsidiary Original Sprout
Natural Products Expo West
March 7-11, 2023
Anaheim Convention Center
800 West Katella Avenue
Anaheim, CA 92802 USA
Booth: 2870
Exhibitor Page
https://exhibitor.expowest.com/ew23/Public/eBooth.aspx?IndexInList=2056&FromPage=Exhibitors.aspx&ParentBoothID=&ListByBooth=true&BoothID=1519350
Floor Map, Hall C
https://exhibitor.expowest.com/ew23/Public/eventmap.aspx?mapid=1000676&shAvailable=1
Original Sprout
http://www.originalsprout.com
The Marygold Companies, Subsidiaries
https://themarygoldcompanies.com/subsidiary-companies/
Natural Products Expo West
https://www.expowest.com/en/home.html
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Marygold_&_Co website adds Hiring page, looking for more tech people to maintain fintech services.
https://marygoldandco.com/hiring/
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MGLD adds 6% today on healthy volumn, ready to test last month's high.
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UNG fund of MGLD subsidiary soars to $1.3B in total net assets, even with share reduction.
https://www.uscfinvestments.com/home
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Marygold App must be about done with beta testing, release could be any day this month, or next, or who knows. But I did hear a rumor that top fans may be the very first to get the info.
Marygold App Features
Money Pools:
https://marygoldandco.com/money-pools/
Security:
https://marygoldandco.com/security/
Payments Simplified:
https://marygoldandco.com/payments-simplified/
PayAnyone™
https://marygoldandco.com/payanyone/
Get Paid Early:
https://marygoldandco.com/get-paid-early/
The Card:
https://marygoldandco.com/our-card/
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Rumors of my demise have been greatly exaggerated
No one I know has been selling.
On the contrary, a fair amount of buying still going on during some midday dips.
Friday's action saw some strange buying and selling with lots of volume, most at the same two price points, seems someone made a special deal.
Mean while the commodity fund subsidiary has seen a huge increase in their natural gas fund (UNG), tons of new shares put out as gas prices were dropping. Now the total net assets of the fund are over $1.34B. Possibly a max for now since they are starting to reducing the number of shares, but a cold snap (or a late winter snow storm) might give a price pop.
A number of other funds are still pending release, maybe next month.
https://www.uscfinvestments.com/
The Marygold & Co App is still in some form of Beta testing.
Their Facebook and Twitter pages are becoming more active recently showing off different functions of the service.
https://www.facebook.com/marygoldco
https://twitter.com/marygoldandco
UNG fund of MGLD's subsidiary reaches $1B in total net assets
https://www.uscfinvestments.com/holdings/ung
Only USO has a higher net asset total.
Some of the fees collected by the subsidiary are based the average net assets of the funds.
$MGLD $UNG $USO
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Timmy's in Charge. The Marygold Companies Names Timothy M. Rooney President of Fintech Subsidiary - Marygold & Co.
https://www.businesswire.com/news/home/20230119005111/en/The-Marygold-Companies-Names-Timothy-M.-Rooney-President-of-Fintech-Subsidiary---Marygold-Co.
Will Marygold & Co come to him, or will he have to settle for a rocky mountain high?
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$MGLD Subsidiary Announces Launch of USCF Sustainable Battery Metals Strategy Fund (Ticker: ZSB)
https://finance.yahoo.com/news/uscf-announces-launch-uscf-sustainable-140000905.html?.tsrc=fin-srch
Yet another proposed fund from Marygold's subsidiary, ZSC
Filed Jan 10, "USCF Sustainable Commodity Strategy Fund, NYSE: ZSC"
Initial $2.49m Total-NAV, ZSB fund from Marygold's subsidiary
NAV and share price even uptick on first full trading day.
Ready to launch January 4, Marygold's subsidiary USCF's ZSB.
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Marygold & Co web site with timely updates
https://marygoldandco.com/
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The Royal Bank of Canada, now an MGLD shareholder
The Royal Bank of Canada, (The largest bank in Canada by market capitalization, https://en.wikipedia.org/wiki/Royal_Bank_of_Canada )
OHC
Other big institutional names with MGLD positions:
Morgan Stanley
Wells Fargo & Company
BlackRock Inc, (The world's largest asset manager, https://en.wikipedia.org/wiki/BlackRock )
UBS Group AG, (The largest private bank in the world, https://en.wikipedia.org/wiki/UBS )
https://finance.yahoo.com/quote/MGLD/holders?p=MGLD
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Marygold_&_Co leadership page updated, Chad out David in
https://marygoldandco.com/leadership/
https://www.sec.gov/ix?doc=/Archives/edgar/data/1005101/000117120022000363/i22500_mgld-8k.htm
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Sudden up-swing in MGLD volume today, more insiders buying? bargain hunters? tax write offs?
Could hit a monthly volume record today.
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No news on new board members in MGLD PR
Was anyone new even nominated? Any shareholders attend the meeting?
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Company Remains Profitable, with Strong Balance Sheet
BusinessWire story on latest MGLD earnings
Nicholas Gerber, TMC’s Chief Executive Officer, said, “Our multi-operating unit strategy is working and producing profitable results for our shareholders.
https://www.businesswire.com/news/home/20221114006032/en/The-Marygold-Companies-Reports-Financial-Results-for-2023-First-Fiscal-Quarter/
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MGLD, Plan of Operation for the Next Twelve Months
Our plan of operation for the next twelve months is to apply necessary resources, which may include experienced personnel, cash, or synergistic acquisitions made with cash, equity or debt, into growing each of our business units to their potential.
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Original Sprout is transitioning from a largely boutique offering distributed through specialty wholesalers to a more mainstream product available at traditional outlets and online and as such we anticipate measurable growth in revenues for the coming years, though there may be one-time initial expenses associated with the launch of new sales channels.
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We are expecting moderate growth in Brigadier through focused management initiatives and consolidation within the security industry coupled with expanded product offerings.
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We expect Gourmet Foods to be operating more efficiently under current management and continue to increase market share through additional product offerings and channels to market, including the printing and sale of food wrappers by their subsidiary, Printstock.
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USCF Investments expects to continue development of innovative and new fund products to grow its portfolio. In addition to our long-term mission that is an acquisition strategy based upon identifying and acquiring profitable, mature, companies of a diverse nature and with in-place management that produces increased revenue streams,
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The Company is also focused upon building expertise and developing Fintech opportunities in the financial services sector through its development stage subsidiary Marygold and Co.
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In a more general sense, the Company is characterizing its business in two categories: 1) financial services and 2) other consumer-based operating units. The purpose is to isolate the cyclical, and sometimes volatile, nature of the financial services business from our other industry segments. As revenues from financial services fluctuate over time due to varying performance of the commodities markets, our other operations are expected to be stable and sustainable by comparison.
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By these initiatives we seek to:
Continue to gain market share for our wholly owned subsidiaries’ areas of operation.
Increase our gross revenues and realize net operating profits.
Lower our operating costs by unburdening certain selling expenses to third party distributors.
Have sufficient cash reserves to pay down accrued expenses and losses.
Attract parties who have an interest in selling their privately held companies to us.
Achieve efficiencies in accounting and reporting through adoption of standards used by all subsidiaries on a consistent basis, strategically pursue additional company acquisitions.
Explore opportunities as may present themselves in the Fintech space, including the launch of services by Marygold and Marygold Advisory Services, and the creation of new corporate entities as focused subsidiary holdings.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1005101/000143774922027284/mgld20220930_10q.htm
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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
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/
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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.
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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