Kingold Jewelry Inc. (KGJI)

[MallenNV]

Long read but worth the time. GNGR predicted signets demise long ago, here is the communication with the CEO and Signet. Also Kingold data is to sensitive to post publicly but its similar to Signet. Kingold wanted GNGRs mold technology that is lightyears ahead of Chinas.

Post removed from the GUGR website.

Behind the scenes, we attempted many times to enter new markets and ideas and proposals to similar and even competing companies to work together and increase sales and shareholder value. I contacted SIGNET (ticker SIG) "YES I have emails to back up these statements" too possibly partner with GNGR. GNGR would supply SIGNET (owner of KAY and JARED and other jewelry stores) with new ideas in castings. Signet would receive a large amount of shares in GNGR and GNGR would be a supplier to Signet.
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When they elected not to work with GNGR (yes they were NASTY) My closing e-mail to the directors of SIG was the following: "With MY help, SIG will rise to $200 per share and GNGR would rise well above $5 per share", I think they figured they can achieve that without my help, I replied back, "ILL MAKE CONTACT WITH YOU WHEN YOUR STOCK DROPS BELOW $25".
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Well guess what? Signet tanked from $150 to $22.00 ( of course when it hit $24 I emailed the board saying TOLD YA!). Then I said ill be back again when its at $8... READ BELOW! By then the CEO blocked my emails out of denial. On March 16th 2020 the stock fell below $8 as I told the CEO in 2019 (see my email below to the directors)
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Most of Signets board (still) read my emails (and probably really pissed) but the USA contact who blocked my emails as I get a message saying its been blocked "GUESS WHY" I then posted this on a member Facebook page and the shareholders were furious Signet did not look further into my proposal. Of course soon after my posts were blocked.
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SO this is the way it is sometimes, We move ahead and also attempt to work with others. GNGR is growing, how is SIGNET DOING? You be the judge. I also spoke to one investor group. I said here is an offer.
Sell 100,000 of the shares they own in SIGNET at $95 ( the price at the time) and invest that $9,500,000 into GNGR and GNGR will build a new state of the art factory and expand sales to compete with the BIG jewelry companies. I would have given them 100,000,000 restricted shares in GNGR and 50,000,000 in FREE TRADING stock. With this deal GNGR would surly rise back to our 2012 high of $.23 per share or even higher. At that "ACHIEVABLE" level the investors would own 100,000,000 valued at $23,000,000 and the 50,000,000 free trading they could have sold with NO 144 waiting period for $11,500,000 ( easily topping the $9,500,000 investment)
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As it happens, they declined and SIGNET tanked from $95 to $11 then on down to $7.82 per share.
I do believe that this deal would have caused GNGR to rise to $2-$5 per share making their 50,000,000 free trading worth $100,000,000 or more and the 100,000,000 worth between $100,000,000 and $500,000,000. Not to mention GNGR castings sales would be in the millions.
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If they owned 1,000,000 shares at the time valued at $95 and did my deal, my offer would have netted them far more then the losses. If they owned 1,000,000 at $95 is $95,000,000 and at $7.82 comes to $7,820,000 a LOSS of over $87,000,000 POOF GONE! IF they sold it as I told them before it tanks below $25 they would have at least had the cash on hand not lower valued stock.
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Can't imaging loseing that much dough in just a few years believing that just because they are a big company they can't fail. IF they took my offer they would have made up to 5 maybe even 20 times thier loss. Imagine that!
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GNGR is small and when we approach BIG players they seem to think WHO IS GNGR and they dont need us. WELL looks like they made a HUGE mistake having lost $$$ BILLIONS $$$ in share value with shares dropping over 90%+ - OF course I told them ill be back when the stock hits $4 per share.
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GNGR is expanding on our OWN with NO HELP. Sure we try to see if there are other Opportunities and this issue above is NOT isolated, I have many more similar but dont need to waste my time posting them all BUT you get the idea. IF you want to read another similar event (Click here)
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Grant Newsteder
CEO