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Read it and weep--->
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others. such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Class action? Humor to lighten the mood.
Thank you Niceguy, 100% correct..Prove me wrong and go get back your investment! :)
Andron in total denial.
There will be NO class action. That seems to be the norm to scare a CEO into performing when it does no such thing. Betting on a class action from every taking shape has zero odds of happening. You want to say it will but you all know it wont.
When I say SGMD I refer to those running the show. The money bought for shares on the bid go directly to the ones paying debt and Jimmy who in essence are SGMD just not the corporation in name.
You are correct, people think when they buy shares it goes to the company when it does not (you would think) but it does do to those controlling the company.
It will pay off! Today we authorize the spending of investment capital for necklace and gift box supplies and a bulk order from Silver.com for metal to be cast.
Yesterday after the line was introduced to the public, orders for the new castings started being placed.
It is time to prepare or the Tsunami.
It is time to create inventory to reduce casting on a daily bases.
GNGR continues to lead the way further than they have already proven to Team10 and buyers worldwide. And continues to prove they are capable of leading this industry. Anyone who believes differently needs a reality check.
We cannot wait to see the next new line Mr. Newsteder is developing that will be added to the current and past creations that continue to sell globally and added to the newest edition product line “Silver Drops” to the mix that is designed solely for greater sales volumes at less cost globally.
Even though 100's of art collectors and unique collectors of art purchased the now famous GNGR Penis Pendant, which by they way is registered and copyright at the US patent trade office and one displayed in a museum in France on abstract art, further proves that no matter the subject or design, everything Mr. Newsteder makes sells.
A solid 100% fact.
Now its time to sell 500 each of 3500 Silver Drops for only $19.99 globally and fill the void left by other jewelry stores closing or who have been ripping off consumers for decades with cheap mass produced toxic products from overseas.
The $19.99 price set by Mr. Newsteder states to the consumer in a quote:
“As an artists and jeweler, I want to offer a superior Gunther Grant, world recognized name brand quality product made here in the USA. At a time when people still want to buy a unique gift for others or just themselves that will individualize them from all others is now a welcome alternative.
Birthdays, anniversaries, Valentines Day and other holidays or just a nice gesture or gift are still alive and well with all of us, and a little bit of nice that is affordable goes a long way especially during hard times.
Gunther Grant, The affordable individualized alternative to what is not even available anywhere"
This will be re-written and become the new GNGR motto
Team10
Not legal defense, a realist.
100% wrong Andron, 100%
All good and legal!
Riha, about budcars and SGMD.
SGMD will not benefit at all financially owning less than 50% of budcars (they own 40% correct) If SGMD does not have an agreement with budcars to pay them 40% of the profits, SGMD will get zero financial benefit.
In order for SGMD to consolidate the financials from budcars into SGMD, SGMD would need to own at least 51% of budcars. That is why SGMD will likely never own more than 40%, here is why.
Because budcars is not public and SGMD does not control the company and budcars is not under any regulatory eyeballs, they can pretty much say they made $500,000 or even $50,000,000. SGMD is posting that budcars made (was it $500,000?) And if there is no agreement to pay SGMD there 40%, posting what budcars made has ZERO benefit to SGMD’s financials.
Keep in mind that budcars can say what ever they want as sales true or false and because SGMD does not legally control budcars and the financials are not consolidated, SGMD is off the hook on any data posted by budcars that possibly is not true.
SGMD is sort of on the legal borderline of questionable using data and sales of budcars to benefit SGMD stock if there is no such connection between SGMD and budcars financially.
They don’t own control of budcars and may not benefit financially on any money budcars makes but investors are in a way made to think there is a connection when there may not really be one.
Advertising budcars and not saying YES the sales benefit SGMD is actually making SGMD an ad agency promoting a company they do not own controlling interest in. Which is legal by he way.
We do not know if there is an agreement for SGMD to get 40% of the profits but if SGMD is audited and any part of budcars data is even remotely false the Audit would pick up the error and would have to be added to SGMDs filings.
So it’s a good bet there is no agreement, which would mean nothing budcars does benefits SGMD and by that token, any false data from budcars does not pass through to SGMD.
That means that budcars can say what ever they want New markets, new locations, huge sales, expansion and the other good stuff you read about and NONE of that benefits SGMD.
If there is NO payment from budcars to SGMD, budcars can make $200,000,000 and none of those sales pass through to SGMD.
For this reason you will not see SGMD own any more than 40% of budcars. So with all the news about budcars sales and expansions into LA and other parts of CA does not even benefit SGMD unless they own the % needed to consolidate the two companies financials and put onto SGMDs financial statements.
SGMD is doing everything by the book, legally and complaint.
You can’t blame SGMD for posting data from a company they do not own and has to rely on budcars news and alleged sales (alleged) related to the MJ operations, delivery and expansion plans.
The news looks like it all benefits SGMD when it does not in any way legally or financially. With out budcars news what would SGMD be able to post as news?
If SGMD actually did buy 40% of budcars with no repayment or financial agreement, the $700,000 someone said they paid to budcars is like tossing it into the fire. NOW if budcars is owned by (let say) Jimmy’s friend or brother or an ally, then the $700,000 would go right back to them.
And no, that is not money laundering because the transaction is not hiding an act of crime or criminal component. Some may cry fraud when no fraud was committed.
Until SGMD owns 51% of budcars or has an agreement in place to get 40% of the profits, ANYTHING budcars does or says (true or false) does not benefit SMGD or the share value except for the fact most think it does and SGMD sells $50,000,000 to investors.
Kudos to SGMD.
Kudos to jimmy but he is a small element to the larger picture so we also have to give kudos to the team running this process. Its legal, compliant and allows a public company to promote news about another company they do not own or get any benefit from but use that non affiliates news to get you to buy shares.
AMAZING!
Ducktor: Connected Inventory: Its more logistical then physical. Connecting inventory means if SGMD owned 5 locations and each one had different amounts of inventory, you would use software to connect them so you end up with connected inventory.
Grant and GNGR sure fooled us!
When we entered into the world of Mr. Newsteders Company, Gunther Grant we thought he had some great ideas that had possibilities but he sure fooled Team10 here in Summerlin.
Mr. Newsteder is not as smart as people may think. He is a downright genius and makes smart look stupid.
Discussing GNGR’s next move, Team10 made suggestions such as Raiders items as some here suggested as well, and other identifying branded merchandise.
Mr. Newsteder came back to us with an idea and said to give him a few days to put those ideas into motion and post the finished ideas on the GUGR website. They can be viewed now if anyone wants to see the new lineup for GNGR.
When we looked at the finished produces Mr. Newsteder created and named “The Silver Drop Collection” we could see this is going to be even bigger then we imagined. We knew he was good at his craft but good is an understatement after this past week with what we have witnessed and ran the numbers.
The Silver Drop Collection name may need tweaking but for now it stands.
Mr. Newsteder said, what if we made a line like no other, a line of products that are affordable to all and also offers a superior product unlike a Raiders item that only appeals to Raiders fans, lets make items that appeal to everyone.
Mr. Newsteder quickly created 100 various themed pendants the other day in lots of colors from medical to marijuana, Wicca to mermaids, llamas to peace signs and more. Mr. Newsteder said he would have 400 more individual titles ready by next week as he is working non-stop full time and not distracted by GNGR and the OTC, and is banned (electively) from speaking to anyone about GNGR and the issues we are correcting at this time.
We spoke to our accounting department head and told her about the new product line and at $19.99 is it manageable. After all costs GNGR will net about $13.00 for every $19.99 item sold. Mr. Newsteders focus is to have 500 total titles by this fall with an emphasis on holiday themed and 100 are already done in just a few days.
We all here are in awe and amazement a new line was developed over night and is ready to bring to market with no limit to the products reach. No limit!
Based on the price and reach to just about everyone at any given moment who want what they want that they are unable to get from any other jewelry company, GNGR will lead the way in price and style.
Mr. Newsteder said he wants to limit each piece to only 100 and once sold out the molds destroyed. Chocking on that statement while grabbing our wallets we protested to limiting sales of 100 at $19.99 because at that price and the products amazing appeal we would anticipate sales of each to be much greater then just 100 of each.
A compromise was met with great resolve between us and because Mr. Newsteder who is still in charge and a few plans were agreed upon.
Once the 100 are sold out and the product retired, a new mold will be created that is similar yet different while still attracting the same buyers who may have missed out on the retired 100. Or possibly raise the editions to 500 up from 100.
For now the limited edition will not mention a number until we see the sales and how fast we get to 100 on any given product title.
Mr. Newsteder proved once again, his knowledge of mold production and ability to create and bring to market items like the new Silver Drop Collection will prove to the market place that GNGR is a force to be reckoned with from competitors and those who just don’t think GNGR has the ability to take on this industry and change it like others wish they should have before shutting their operations.
I think we may have made our point to FlaFlyersFan who first hand saw what GNGR is capable of.
By the fall of 2020 GNGR will have 500 products and titles available and not only are we assured by Mr. Newsteder that the first quarter of 2021 GNGR will have 1500 more and than mid 2021, 1500 more for a total of 3500. Seeing 100 made in a few days prove those numbers are reachable quite easily.
If in 2021 with 3500 titles selling just the limit of 100 each at $19.99, are sales we can live with while GNGR expands even further.
And we are still working the raiders products to show for approval.
Niceguy? Stop bichin, sue them.
Last post then to th white house
You must not only READ but understand what you are reading and not what you interpret
“Here's the CEOs PR statement in late June on his plans for funding through shares issues:
To accomplish this, we have *organized a Reg-A+ funding round targeting $6 million in capital financing. *We have not yet established the precise pricing for this funding round, but we are *committed to working with a top-tier investment banking partner. *We have initially allowed a pricing scale with a price well above our current market pricing for SGMD shares. This is not due to any *plans for a *near-term reverse split. Instead, it reflects the rapid growth and strong financial performance we are currently experiencing and *anticipate as we move into the second half of the year.
*Organized - still means it may not be approved by the SEC or can be cancelled by SGMD. The word organized means it has not happened yet. You can’t cry fraud when the REG A has not even happened yet or even structured the price of the issue.
“I organized or am organizing a plan to run and be the next US president."
*We have not yet established the precise pricing for this funding round
You cannot accuse them of fraud when they say they have not established a price yet
* Committed – Yes SGMD is committed to working with a banker but that does not say an investment banker committed to SGMD.
“I’m committed to becoming the next US president.”
(You with me still, are you getting any of what I’m saying?)
*. We have initially allowed a pricing scale with a price well above our current market pricing for SGMD shares
Initially! Means they can alter their decision or plans.
“I initially wanted to run for president of the USA but decided to be a waiter instead”
Saying they will sell shares above market price can be based on the day they decided to file the RegA. Or at a price anytime and higher at any price any time, there is no fraud in that statement.
*Anticipate = May or may not.
*Near-term = what is NEAR mean 1 week one month after that it is no longer near term.
SGMD did not say they WILL do anything as a solid fact, it’s all intent. Selling REGA shares higher than current market pricing is allowed but will anyone buy higher, probably not but still they are allowed to state that.
“I want to sell my car with a book value of $2000 but I am asking $10,000, I may not get it but I am allowed to offer it at a higher price”
I read the RegA election, the question is did you, or are you using intent maybe PRs to come up with your analysis. Read the 1-A filing!
* No Plans for reverse split is not a solid decision or guarantee it wont happen.
“I had no plans to be a waiter but after a few weeks running for president I decided to be a waiter instead even though I did not plan on it.”
I never said I WILL be president and SGMD never said they WILL do a RegA and never said they HAD an investment banker to fund the RegA and they never said they WILL NOT do a reverse split
SO FAR SGMD did not commit fraud or any nefarious corporate actions. The only ones who are committing fraud are investors who decipher what they read so they can say FRAUD when no fraud ever was committed.
If you understood how the OTC works and why 1000s of OTC companies do this over and over with NO SEC or legal actions, you would not invest in any of them. But you invest lose invest lose and when the stock tanks you cry fraud when no such fraud existed.
It’s a defense mechanism blame everyone when the stock drops but not care of alleged fraud if the stock rises.
If Jimmy DID post fraud such as, ((for example)), *SGMD sold their 40% of budcars for $200,000,000 and the stock went up to $3 per share and you knew for a fact they did not do that but your stock was $3 per share you would not cry fraud, you would be happy (Correct) but when the stock drops you cry fraud when no such fraud was ever committed. Your just pissed you lost money that is all. And you loosing money are not SGMDs fault.
*Disclaimer: this is ONLY an example to prove a point and NOT any facts or assumptions of any SGMD news or public posts.
One of my associates was told by his friend back when SGMD was, if I recall $.10 cents. She told him and he quoted her statement to me, “SGMD IS MOVING TO NASDAQ” the fact is, SGMD never said that as a fact. They planed to or may reverse then move to NASDAQ but decided not to. She lost $50,000 and my associate did not invest. She cried fraud when no such fraud was committed.
I told her, I may move to the white house after I plan to be president but she hears that as “I am the president and I will be moving there next month” there is a stark difference between those statements and if you can’t see that, I don’t know what to tell you or her.
Any more help let me know.
Niceguy I'm done, your in total denial.
Niceguy - he does not have to live up to anything he posts because it's all intent not facts.
Niceguy1: And fraud posters, read this-->
You must not only READ but understand what you are reading and not what you interpret
“Here's the CEOs PR statement in late June on his plans for funding through shares issues:
To accomplish this, we have *organized a Reg-A+ funding round targeting $6 million in capital financing. *We have not yet established the precise pricing for this funding round, but we are *committed to working with a top-tier investment banking partner. *We have initially allowed a pricing scale with a price well above our current market pricing for SGMD shares. This is not due to any *plans for a *near-term reverse split. Instead, it reflects the rapid growth and strong financial performance we are currently experiencing and *anticipate as we move into the second half of the year.
*Organized - still means it may not be approved by the SEC or can be cancelled by SGMD. The word organized means it has not happened yet. You can’t cry fraud when the REG A has not even happened yet or even structured the price of the issue.
“I organized or am organizing a plan to run and be the next US president."
*We have not yet established the precise pricing for this funding round
You cannot accuse them of fraud when they say they have not established a price yet
* Committed – Yes SGMD is committed to working with a banker but that does not say an investment banker committed to SGMD.
“I’m committed to becoming the next US president.”
(You with me still, are you getting any of what I’m saying?)
*. We have initially allowed a pricing scale with a price well above our current market pricing for SGMD shares
Initially! Means they can alter their decision or plans.
“I initially wanted to run for president of the USA but decided to be a waiter instead”
Saying they will sell shares above market price can be based on the day they decided to file the RegA. Or at a price anytime and higher at any price any time, there is no fraud in that statement.
*Anticipate = May or may not.
*Near-term = what is NEAR mean 1 week one month after that it is no longer near term.
SGMD did not say they WILL do anything as a solid fact, it’s all intent. Selling REGA shares higher than current market pricing is allowed but will anyone buy higher, probably not but still they are allowed to state that.
“I want to sell my car with a book value of $2000 but I am asking $10,000, I may not get it but I am allowed to offer it at a higher price”
I read the RegA election, the question is did you, or are you using intent maybe PRs to come up with your analysis. Read the 1-A filing!
* No Plans for reverse split is not a solid date or guarantee it wont happen,
“I had no plans to be a waiter but after a few weeks running for president I decided to be a waiter instead even though I did not plan on it.”
I never said I WILL be president and SGMD never said they WILL do a RegA and never said they HAD an investment banker to fund the RegA and they never said they WILL NOT do a reverse split
SO FAR SGMD did not commit fraud or any nefarious corporate actions. The only ones who are committing fraud are investors who decipher what they read so they can say FRAUD when no fraud ever was committed.
If you understood how the OTC works and why 1000s of OTC companies do this over and over with NO SEC or legal actions, you would not invest in any of them. But you invest lose invest lose and when the stock tanks you cry fraud when no such fraud existed.
It’s a defense mechanism blame everyone when the stock drops but not care of alleged fraud if the stock rises.
If Jimmy DID post fraud such as, ((for example)), *SGMD sold their 40% of budcars for $200,000,000 and the stock went up to $3 per share and you knew for a fact they did not do that but your stock was $3 per share you would not cry fraud, you would be happy (Correct) but when the stock drops you cry fraud when no such fraud was ever committed. Your just pissed you lost money that is all. And you loosing money are not SGMDs fault.
*Disclaimer: this is ONLY an example to prove a point and NOT any facts or assumptions of any SGMD news or public posts.
One of my associates was told by his friend back when SGMD was, if I recall $.10 cents. She told him and he quoted her statement to me, “SGMD IS MOVING TO NASDAQ” the fact is, SGMD never said that as a fact. They planed to or may reverse then move to NASDAQ but decided not to. She lost $50,000 and my associate did not invest. She cried fraud when no such fraud was committed.
I told her, I may move to the white house after I plan to be president but she hears that as “I am the president and I will be moving there next month” there is a stark difference between those statements and if you can’t see that, I don’t know what to tell you or her.
Any more help let me know.
Andron,
Jimmy is not the one who made the millions in all this. The bulk of the money went to debt investors and is sent offshore daily out of reach from anyone. Jimmy sold debt shares cheap, maybe for every $100,000 you see trade, Jimmy made maybe $5000.
He will eventually sell all 10,000,000,000 for maybe $1-$2 million max as the other 10s of millions is sent off shore out of reach by anyone here in US enforcement.
You can’t sue if you can’t find the parties involved or the money trail.
By the time you decided to sue which you will never do, there will be no money in the USA or people you can even find to serve a lawsuit
:)
SGMD is not a scam. They committed no fraud.
NIceguy1. Your suspicions are incorrect. They will not face any enforcement actions from the SEC or any lawsuits from shareholders.
One reason so many OTC’s sell smaller amounts to more people who usually buy under $1000 in most OTC speculative stocks is so any one person who decides to try and sue any given OTC as you stated SGMD, will find it will cost you $5000 or more to recover your $1000 and that’s if you win the case. And winning less then the legal costs will prevent anyone from suing SGMD not to mention you will NOT win.
If people got together and tried to do a class action lawsuit, the attorney representing them will see the fine print from SGMD such as “Intend” “Try” “Hope” and all the other words that do not mean WILL or HAS. It’s all 100% intent and intent is not a means to prove anything has been done or will be done.
Legal is the issue not moral. They did not legally lie or misrepresent. You interpreted it the way you wanted to see it and when it did not happen you cant blame anyone but your self.
You can’t sue for someone being immoral, that is an emotion and state of mind not an illegal act.
SGMD said they had a $10,000,000 purchase order correct? So maybe they asked the neighbor to place an order for $10,000,000 for straws they knew they could not fill and the reality is the neighbor did not need the straws but gave them the PO non the less. They waited a month or two then told the neighbor they cant fill it.
You all think they got the $10,000,000 cash, when the PO transaction may never even have happened BUT you all believe it to have happened so SGMD was not at fault or misrepresented the PO they just decided not to fill it for whatever the reason.
SGMD saying they have a $10,000,000 purchase order does not mean they will or can fill it or ever even planned to fill it YET the PO is a valid and a true document they can post as news. OK If the PO did not happen or was cancelled they could have said that but were under no legal obligation to do so legally, and morally again is not an illegal act.
Any attorney you all hire to do a class action will read the documents you read before you invested and know full well you cant win. And like all GREAT attorneys they will not tell you that you can’t win, they will say that you may have a chance then hit you all with a $50,000 retainer knowing that you wont win but wont tell you that because they want your money just like an INTENT OTC.
If lawyers told clients they cannot win instead of you may have a chance, 50% of attorneys would be out of business. If people stopped investing in stocks that say they intend to do this or that, 50% of OTC companies would fold.
So in essence the attorney saying you could win knowing you can’t is the same as an OTC saying we intend to make it happen and it ends up not happening.
You with me so far? Or are you scratching your head confused?
You all dumped not $1000’s but 10’s of millions into SGMD simply because you did not read or interpreted what you think you read as a sure thing when it was not so.
If you have to sue anyone, sue yourselves because if anyone screwed you over it was your selves and no one else. You read intent and opened up your wallet.
Kudos to Jimmy, he’s playing the game legally and will not face any enforcement actions. Welcome to the OTC but I am sure you have been though this before you just never learn and for that fact, OTC’s will keep raising billions from people who just do not know any better.
It’s the lotto mentality. You have to play to win but winning is literally not going to happen. Never met anyone who made a killing on an OTC other then the CEO and people who told me they did, are lying.
SGMD selling 8 billion shares for $.005 dwarfs any $10,000,000 PO and dwarfs any posted sales they claim. plus is cold hard cash. No overhead, no costs of good sold, no bank financing to fill orders. just sell shares and make $50,000,000
Its the way the OTC works.
We shorted this garbage since $140 all the way down to $6.00. One of our associates told SIG when it was around $90 they better take some advice or it will tank to $22 then on down to $8 then on down to $4 and it was close at $5.40 but well soon see $4.
Signet and the BOD were told what would happen and they did not listen and now look what they did. Not to mention they destroyed SIGNET long before Covid19 was ever even known
The current CEO is 100% in total denial but acts like all is OK. She puts on that stupid smile and actually says SIGNET IS UP when it went to $7 from $5.40 but fails to mention she took a $140 stock and dropped it to $5.40
We are done shorting this. We eliminated our positions at $6.00. Would have made another $890,000 if we waited till $5.40 but we are very happy with the results.
What a shame. They need a NEW CEO!
Charts do not mean a dam thing, and anyone who uses charts to buy stocks similar to a crystal ball is in total denial as to how the OTC works.
Bar1080: Thank you for the error catch. We will send an email with the correction, and also have someone here work and help with typos while a group of us are in Atlanta till Wednesday on business. We will review everything upon our return.
Packerup: Great idea! We did see the Betty Boop chocolates In the GNGR files of items they used to make and the contacts for the rights to the caricature.
Like the Raiders, we are sending Mr. Newsteder a work ticket to make a line of Betty Boop collector pins and jewelry to submit to Hearst Publications.
So Raiders and Betty Boop? Your 2 for 2!
The new GUGR.com site is live and being updated while live, check it out.
Thank you
Team10
Marketing
Packerup, you (I hope) you know, that a company, any company does not dictate the PPS as you so desire.
GNGR has already proved they are legitimate and proved they create and ship globally, that is a 100% fact. The next phase of GNGR will be even better and further show they are legitimate and not here today gone tomorrow like most OTC’s.
GNGR is making sales and shipping product worldwide, that is more then most OTCs can claim yet their securities are raising millions each week selling just stock and not products. GNGR does not sell shares for income, GNGR sells products.
So do you want GNGR to be a diluted pumped OTC stock that most never even move up as the companies sell billons at a low price that never rises (to prevent you from selling so only the company can sell more and dilute) or do you want GNGR to be legit revenue generating company that in the long run will surpass all those billions of shares pumped into dilution.
You never make money on those pumped stocks, only the companies selling the shares make money, then when the stock is sold out, the company goes dark and your money is gone!
I have a feeling many who own GNGR used to own other OTCs that folded or were de-listed and GNGR maybe the only stock they have left which causes anger and frustration when they don’t see the price rise so they can recover losses from those other stocks.
We found that when a company is still alive and well while others have folded, investors take out the frustration on the one still standing when they should be praising the company for sticking to their plans and being legitimate and a non diluted OTC like most others.
Be patient and watch this unfold. GNGR is valid, legit, producing and selling globally, all facts! And for us, facts are better then a pumped OTC intent.
Check out the updated www.GUGR website!
Team10
Actually, the samples are being made of silver, so you probably meant silver mine not gold mine. To be SEC compliant of course.
Please keep in mind, GNGR creating new products for review means the more samples crated, the greater the percentage of orders GNGR could receive.
It may seem exciting to possibly get Raiders orders but people also have to realize that its not as difficult as it may seem.
In fact for GNGR its very easy and is just another idea put into production or create finished samples especially when a company like GNGR knows what they are doing and what to make to attract buyers.
Any excitement from investors over a new item will be short lived as the winning products mount and samples are chosen over competitors that become large scale global products for sale will be seen the way GNGR sees them as just another winning product added to the companies success.
With out technical, details, Mr. Newsteder can, which has been proven to you all by the FlyersFan sample made in about a day from concept to finished production piece, that making a Raiders line will cost under $10 for the molds and any silver used is worth the loss of that silver cost to get finished items into the buyers hands FAST!
Raiders or any other sports team or corporate logo samples in the ½ ounce range will cost GNGR about $100 (for 10 samples) including the time and mold costs. A single sample like the FlyersFan sample for review costs GNGR maybe $20. If we use non precious metals we can also introduce products at much lower costs.
More importantly the quality, speed and made in the USA vs. the cost of $25 for one sample is worth the risk to obtain an order.
If you want to understand some examples of numbers used in sales demographics, here they are:
PRO US Sports teams
Football teams 32
Baseball teams 30
Basketball teams 30
Hockey teams 31
Total teams 121
To get samples out to each buyer of every major sports team at $25 per sample would cost about $3000 (Three thousand dollars).
Each team has many team players and each team has hundreds of thousands to millions of fans.
If one team out of 123 picks GNGRs item to sell to those fans, a $25 sample could turn into sales that are of the chart for an OTC as real not intent numbers.
When we show the NY Yankees the GNGR line and with 10,000,000 more or less NY Yankees fans with only 10% of 10,000,000 (1,000,000), who purchase a $49 Yankees sterling key chain or pendant (most sales are bought as a gift). Anyone can see that risking $3000 in total to obtain one team out of 123 that sells to even 10% of their fan base is a major home run for GNGR.
Is it possible for all teams to reject GNGR? Of course, but it is probable.
The teams need items to sell to fans, that is a fact. Sports teams rely on merchandise to generate billions in sales that is a fact. GNGR makes items they must sell to make revenue that is also a fact. GNGR is not trying to convince teams to buy what they do not want but to purchase items they must have to generate revenue. MUST HAVE!
Do not be taken by the 123 sports teams alone, this will pass into NASCAR, Boxing, soccer, overseas sporting needs to name a few. And also into non-sports markets that GNGR is currently succeeding at globally.
A single low cost sample can equate to one team ordering that can achieve what most other OTC’s only claim they will do.
We are not playing with intent. We are going to increase the sales more so then GNGR is already making happen.
The more you introduce products that buyers needs that generate sales, the more buyers will want the products. The more samples we make, the greater the reach and the greater the response.
If you play the pick 3 lottery and you buy every number from 000 to 999 you are guaranteed to win but the prize will be less than the $1000 you spent. For GNGR were going to play all the numbers but the winning hit will be far more then any loss to obtain the win.
Data from GNGR shows that individual same product production volume will not matter. Once the GNGR molds are made the process is the same.
One buyer requesting 100,000 pieces at $49 is the same as 123 buyers who each order 813 pieces. It’s the same 100,000 regardless of who wants what the labor and costs are fixed per piece.
This is what competitors don’t do. They do not create what people want. They create lines they say you need even if you don’t. It is the sole reason of the jewelry industries demise and the success of GNGR.
At a sports suppler convention, GNGR would likely be the only company with a new program, new items and also allow the buyers to help create what they know their fans want, while competitors from China show finished items only, that eventually end up at local garage sales for $.10 cents.
Numbers tell truths. GNGR has been truthful, GNGR’s global sales is true. With so many falsehoods on the OTC over intent and pumped securities, it may be difficult for people to see one that is honest and true because its so rare on the OTC.
Team10
Member
Packerup: First of all, thank you for your suggestion->
We spoke with management at Raiders office Saturday at 2:00 and we were re-directed to the team merchandise buyer for the Raiders stores.
When showing examples such as the flyersfan keychain and other sports items GNGR created to the management, they responded with requests for items they want that they are not getting from other suppliers.
Made in the USA was also a key component.
We immediately forwarded to Mr. Newsteder, who by the way is alive and well and not tied to a cactus, he is just tied to the business and our request to have him focus on creating while we do the business side of things will be the new norm.
GNGR is a successful global brand and many do not realize the magnitude of that statement.
Most corporations have CEOs who are to busy and to important to speak directly to shareholders other than through a news release or scheduled shareholder meetings. GNGR and Mr. Newsteder are no different and like other CEO’s Mr. Newsteder will be limited in his time for communicating directly. The use of corporate IR will be used for public information.
I do not want to get into the details yet of the Raiders discussions, that will be made public once we secure a more solid plan with them. The outcome is yet to be determined.
Mr. Newsteder said he would have a line of 10 new items for the Raiders to review by Monday that will be ready for our Friday meeting.
China cannot provide finished samples quicker or cheaper. They can only provide emailed drawn ideas while GNGR will have finished, ready to order products created just as fast as he did for, speaking of MIA, the FlyersFan sample you can see on the GUGR website.
As we have stated many times, You can email Mr., Newsteder but he will not discuss business and information that he may have been a little to liberal with in the past.
If Mr. Newsteder were not here with us, we would not be here and neither would the fantastic ideas and sales that continue globally. And with new samples being created for new markets there is no limit to the expansion of GNGR
Mr. Newsteder is the controlling shareholder and is still the boss as to how he designs, creates and sells the GNGR line of successful products.
A team to take on the accounting, legal, IR and SEC compliance issues is what all successful corporations that are public do and GNGR moving forward will be no different.
Again the facts: GNGR is a successful global corporation that is creating havoc in this industry with some competitors fuming over the events.
GNGR is expanding while competitors are closing stores. Signets Kay and Jared, Warren Buffets Ben Bridge and many others are all closing up stores while GNGR expands.
The profound reality of why GNGR is succeeding can be seen with images on the new Gunther Grant website competitors tab.
People and investors should more concerned with and doubt GNGR’s competitors.
We are in this as well for a long term set goal and to increase sales and see to it certain competitors do not capitalize on the GNGR technology they so badly want.
You can send Mr. Newsteder an email any time. Just do not expect any news or data.
The last few emails sent to Mr. Newsteder contained phrases like, “any news you can share with me” and “ Is their any information you care to discuss privately” Both of which would have violated insider-trading laws.
GNGR and Mr. Newsteder will be very busy soon while training a casting team to take care of that operational aspect.
All emails will be transferred to our office and only an email we feel Mr. Newsteder should receive will be forwarded to him that when answered will be sent back to the head office for content review before sending back to the sender.
Emails our team directly responds to will be professional and SEC complaint IR.
Go Raiders!
Highlander, As I have said, It does not matter. OTC investors do not read OTC Market data.
A gagged TA on any OTC stock is--> as useless in detracting investors to any specific pumped stock as any CEO saying verbatim
“I am a horrible CEO and taking all your money and gambling it away”.
Why? Because OTC investors do not read OTC data, TA data or any data at all for that matter.
OTC pumped stock investors are told what to do and when and they do it. Period.
When they lose they have only themselves to blame but they never do. They blame the CEO when the stock becomes worthless and rather than learn from that, they move to the new pump and do it all over again.
People posting they will be charged and prosecuted, do not even know what they are talking about. It's just anger panic that is not even close to reality.
Jimmy and his team who I know very well, play the game legally and making millions in the process as investors lose.
It’s just the way it is legally and with SEC compliance. If you doubt me call congress and ask them to change the laws. They won't because they are all in on it.
Congrats to Jimmy and others on the team. It’s just the way it is.
Sorry, it was not an attack. Anytime you read intent, maybe or even believe etc. is cause for concern.
CrushLikeABoss: This in on the 10Q READ IT!
Liquidity and Capital Resources
We have primarily financed our operations through the sale of unregistered equity and convertible notes payable. As of March 31, 2020, our Company had cash balance of $7,510, current assets totaling $2,268,534 and total assets of $4,724,003.
We had current and total liabilities totaling $10,028,019 and $10,315,923, respectively.
Stockholders’ equity reflected a deficiency of $59,002,136.
Jimmy YOU ROCK!
Tomorrow-->
People will buy so let them buy. Nothing will stop them so let them buy as much as they can.
SGMD will make many more millions.
GO JIMMY!!!!!
Packerup: Stores owned by teams such as the Golden Knights and the Raiders are allowed to purchase items direct from GNGR with no licensing rights needed as long as they are only sold to company stores.
I believe there are 6 Golden Knights stores around Vegas and well check on the Raiders locations as per your suggestion.
We will have Mr. Newsteder make the Raiders finished samples ASAP and go meet the merchandise buyer. Although that would only be localized and sales would also be localized it would be just another product out there selling for GNGR towards our sales “goal” (Pun intended).
Everyone here should now be aware of, based on the website post of the FlyersFan example, we can have a finished Raiders line ready by tomorrow. Weeks faster than China.
We looked at licensing team jewelry and to obtain the rights is costly, but the real costs are marketing and competing with organizations like Fanatics and Aminco who we have taken an interest in working with.
Those two companies spent millions to obtain the rights of most sports teams and market the various products, most of which they do not make.
Many are not aware that companies like Fanatics and Aminco who purchased those rights are allowed to contract products to be made under their name from companies such as GNGR. Most suppliers are from China but we will attempt to change all that very soon.
If GNGR supplied products to a licensee, GNGR would not need to obtain the rights or costs to obtain those rights and all the marketing would be done buy Fanatics and Aminco like they do now.
If GNGR supplied products at wholesale prices and made 1000’s of styles and team products, and sell them to those two companies in bulk, GNGR would make more money as a suppler than we would as a licensee.
If you search both of those company’s names and websites and search jewelry you will see why GNGR is badly needed in this space.
Team10
Mdimport: Exactly! It is illegal to buy stocks-> on insider information.
The warning on the OTC is for those who “may not be making material information publicly available” It does not mean we are not allowed to post public information on a forum other than OTC such as Ihub, our own website, social media or a PR Newswire release.
Our Facebook pages have lots of public information posted as well. A link will be added to the new Gunther Grant website tomorrow.
The warning on the OTC is to create resentment and fear from investors such as yourself to get companies to pay the fee to be moved up to yield and the warning removed.
And lets be honest, no one reads the OTC data, if they did 90% of OTC stocks would never trade.
We are also not promoting the stock, selling the stock or soliciting shares for sale. Promoting sales data that is not filed publicly can cause an enforceable act, which is why we do not post such data.
Mr. Newsteder makes sales and does well for himself having put the OTC on the back burner. That is where we came into the picture.
Numbers do not lie, when a post with figures based on volume vs. additional molds are not sales figures so again you are 100% correct.
It would be the same as saying 1+1=2 which are numbers that do not lie. If you had one taxi you can only do so much business but if you had 25 taxis you should be able to make more sales. See how simple?
When an OTC company (Not GNGR) says they will do or did $50,000,000 in sales they better prove it. When a company says they have a goal to reach, it is not a firm figure but a goal.
So again you are sort of on topic, not 100% but close. On that tone, when an OTC says they intend to do $50,000,000 they are not saying that as a fact and not breaking any rules.
It sort of sounds like you may have been a victim of the Intend to do $50,000,000 OTC's that many have faded away so yes it must hurt.
I do not know that feeling but if it makes you feel better to vent here, were all ears.
You are also 100% correct, the SEC should shut down illegal or manipulative promotions that encourage people to buy or even suggest they purchase securities on false figures, both of which we are not doing.
As for the numbers you cannot see yet, that is by our choice not yours, we know that and so do you I am sure. And the stop sign we already know about that but thanks for reminding us.
Thanks for your input
Team10
Marketing
Bar1080, Exactly! Vegas is having a tough time-> recovering same as most cities in the USA, however 99.99% of GNGR’s sales are reaching far beyond sin city to Europe, Asia-Japan and many South American countries as well as most states here in the USA.
You are correct in that Vegas is eh? But it’s not the revenue generating demographics that GNGR is succeeding at but it is home to the company and our team members.
The sales we are separating by country and products are extensive and very exciting with about 50% of all orders shipped to Europe.
Your comment “not falling for it” is a little too late; we fell for it and love what we stepped into.
A company like GNGR and our ability which was obviously greatly needed will have different results then one person doing it all, and Mr. Newsteder doing is all has proven successful but limited due to one mans time constraints.
We thank you for the good luck wishes but at this point, hard work that has paid off and solid sales and expansion plans is in no need of luck like most other OTC’s
But thank you just the same,
Team10
Marketing
Good morning to all? UPDATE
We received an email at 2:30am from Mr. Newsteder with the added GUGR updates.
The GUGR website showing the finished example we spoke of last week and how the process works can now be viewed at GUGR.
We emailed the sample of the Flyers Fan image and asked Mr. Newsteder to add it to the production rotation as if it were an actual order and document the process while removing some elements that we cannot show the public.
This same process you can see for yourselves is the same process we tested GNGR on to make our decision to move forward with the company.
The process you can see at GUGR is straightforward and simple, GNGR is able to create a one off custom piece including the mold, set up costs and make a very nice profit even if only one piece is created.
We do not intend to cast one off pieces moving forward but if only one sample is needed to secure a purchase order, a finished example will be in the clients hands the next day faster than any other company is able to do and secure the purchase order.
With no minimums, clients can purchase only what they need without tying up funds in excess inventory. They buy only what they need 1, 100, 1,000 10,000 or more. Once the mold master is made, Mr. Newsteder pulls the mold and makes however many waxes are needed for the order, and casts them the next day.
I would like to mention again that our team has looked at 100’s of OTC companies that most claim or intend to do something that have never been able to deliver a production sample or example except for on paper intent ideas that possibly may work. They rarely if ever do.
GNGR is the first OTC company we found that provided our group, finished production samples on time, at or below the quoted cost.
We will no longer require China or any overseas production to produce what we are looking at bringing to market.
Made in the USA, fast, accurate, no minimums to clients and the ability to produce what we have so far found, no other company is able to achieve.
Our clients will not only help keep the products made in the USA, but also find there is now a much better alternative then what was the norm just months ago.
It is now time to bring GNGR to the world markets on a larger wholesale level while still allowing Mr. Newsteder and GNGR to continue to sell art castings globally.
I am sure this will shed more light on GNGR.
Team10
Marketing
FlyerFan and everyone: this one is for you-->
We took a screen shot of your Ihub image of the hockey shirt. We emailed that to Mr. Newsteder to his studio and although he has no love for Ihub we implored him to take that image and make a finished product ASAP.
Of course legally they will not be in production or for sale so we will not be violating any copyright infringement laws. We are just creating a spec sample for review based on your publicly posted image. On that note if we were in violation than your image would also be in violation unless you own the rights.
So on that note.
Mr. Newsteder took a snapshot of his art he just created moments ago and told us Monday he will have a finished sterling silver keychain with orange and black enamel ready to ship to wherever we need it shipped to.
It could have been done the same day but Mr. Newsteder has 20 other designs ahead of this rush sample for you.
We asked Mr. Newsteder to add some images to the www. GUGR website under the tab: GNGR production. Take a look.
When the finished product is done we will send that speck sample at no cost to you and post the finished product images as well for all to see GNGR is real and truly ahead of the competition and it not just an intent OTC company.
If you do not want the sample let us know and it will be put into the silver scrap pile and re-melted. That choice is yours.
We want to show everyone that GNGR is doing what no one else is or can. Not even any overseas production facilities including China.
This is why we are confident GNGR will be a world leader as we take their global reach and expand the line to more buyers.
You can email us your decision on weather to accept the spec sample and where to ship it or decline it. Well leave the image up for all to see then remove it soon after as we are updating the website on the back end now.
This should also put to rest any concerns whether GNGR is real or just an intent company. GNGR is more than real; GNGR is changing an entire industry.
I am sure this sheds more positive light on GNGR further.
I will reply to comments. Any business questions please email me directly.
FlyerFan: And a good morning to all, EXACTLY! Since most OTC intent pumped stocks operate out of far less space such as a PO box, UPS store or virtual office, Mr. Newsteder is way ahead of most OTC stocks with regards to operational procedures, production, space and validity.
It would be very difficult to design, create molds, cast precious metal jewelry and pack and ship globally all from a PO box. That most OTCs operate from. That I am sure even you can agree to.
Mr. Newsteders new casting studio is more then adequate to handle all production and expansion capabilities while additional personal will take care of the corporate actions from different business locations such as, legal, accounting and marketing.
The new location also includes a new upgraded office for graphic design and mold creation, while the casting studio handles all the casting and shipping. Additional help with casting will be added allowing Mr. Newsteder to expand his creativity with new designs and ideas leaving the labor-intensive task of casting to others at the same location.
Made in the USA is one of Mr. Newsteders requirements.
Mr. Newsteders numerous files we looked at titled, “Grants Ideas” is not only extensive but down right genius. Because casting is basic labor it is not only a waste of Mr. Newsteders time, but also a disservice to expanding the product lines and increase sales and shareholder value as we move ahead full speed.
Your comment is not only valid and complimentary but also proves that GNGR can operate, produce sales and ship globally from a location that most OTC stocks cannot from PO boxes, UPS stores or virtual offices.
The receipts we have for GNGR’s global sales are being disseminated into sales figures by country and products sold. People do not care where and how those products are made. and have no bearing on the end users decisions who continue to purchase with many buyers having placed multiple orders.
Posting to the investment community about a one man show or a home studio that will have no influence on peoples decision to purchase GNGR products will also not influence investors as they are introduced to an OTC company with very little overhead and profitable. That is almost impossible to find on the OTC and why we decided this is the one we want to help expand the operations.
GNGR will expand further than it already has with no intent. The 2019 CISION and Statista reports say globally, $325 billion in jewelry sales will see on line sales increase as stores continue to close.
There is no doubt that GNGR is a solid company with solid sales and global reach and is expanding. That is a proven fact and the data will be included if and when any releases of PR NEWSIRE are posted moving ahead.
It is illegal to post facts that are not true on investment forums or news releases and yes Bar1080 is correct that those who mislead should be shut down.
GNGR does not have to hide behind words like intent or possibly.
GNGR is a low float OTC stock that has never had any dilution or reverse mergers or ticker changes.
GNGR has a real location with real equipment and the ability to continue to expand that is happening as we write these responses.
GNGR designs, creates their own unique trade secret mold procedures, Casts sterling silver and gold, sells and ships globally. All proven facts and no intent.
Mr. Newsteder is also, to say it bluntly, banned from communicating with shareholders on a corporate level.
Mr. Newsteder does reply to emails and communicate ideas to buyers who request custom orders or unique piece commissions and as far as we can see, it is impossible for others to do what Mr. Newsteder is not only capable of but continues to creatively come up with ideas that are years ahead of any competitors and continues to surprise everyone in this industry.
It may seem Mr. Newsteder is being put on a pedestal and in many ways his creativity should be. Mr. Newsteder is an innovator with no degree in any field but does have spelling issues as he so accepts due to his dyslexia. This in no way affects his creativity and actually puts the creativity as a higher level.
Lets not forget that Mr. Newsteder on his own, was able to keep GNGR alive and legitimate and allow the company to change to survive. The Change was key to continued success of the company.
Our team has degrees in many professional categories and all that education combined, we can’t even draw a straight line. And on that note, Mr. Newsteder has no degrees and his lines are straight as an arrow and so it GNGRs validity. We made sure of that before looking at further at GNGR moving ahead.
If this all were not true, GNGR would have folded and no one would be purchasing his products globally. It is just the opposite.
I hope this helps with regards to OTC companies who say one thing as intent vs. this OTC that says facts.
I will try and continue to communicate on blogs, social media and PR news releases as we move forward with no intent but facts.
Anyone can send us an email from the Gunther Grant website page. We are eliminating the AOL and GMAIL links to info@gunthergrant
The best is yet to come.
Team10 member
Marketing