Marygold Companies Inc (MGLD)

[wealthy and healthy]

Concerning MGLD's foray into the fintech realm, let's all at last get real, shall we?
There is in actuality very little new ground being broken by Gerber and Co. with MGLD's direction in this area. Perhaps a few enhancements to existing models? Yes, but nothing proprietary, which means that others can copy anything we do and perhaps do it even better.

I don't know if it is because of a lack of overall risk/reward experience in heavier financial matters as to just how many other companies there are that are doing exactly what MGLD is attempting to do that makes some go gaga over their efforts, but the point demands clarification right here and now.

Just where did you think Gerber and Co. got their ideas to go into this field in the first place? From companies that already existed with successful track records. They sensed what could be for them a cash cow without a significant outlay of money into an arena where the times are definitely leading us.

Yet, it is MGLD's cheapness that may make all the difference between success or failure. Keep in mind that the fintech world is being populated with heavy players who have the green to pay far more in customer acquisition costs than MGLD. Business school acumen teaches one this.

Nevertheless, I applaud their efforts because it may yet be possible for them to pull it off, but I stop there because some of you MGLD people, without knowing through real-world experience how things really work in competitive markets, seem to get a little carried away by the aura of potential success without thinking things through from a higher perspective. One cannot minimize this fact.