MGLD Marygold Companies Inc

Item 1. Security and Issuer

This statement on Schedule 13D (the “Statement”) relates to the shares of common stock, par value $0.001 per share (the “Common Stock”) and shares of Series B Voting, Convertible Preferred Stock, par value $0.001 per share, each of which is convertible into 20 shares of Common Stock and, until converted, has 20 votes on all matters brought before the Issuer’s shareholders (the “Series B Preferred Stock” and together with the Common Stock, the “Shares”), of The Marygold Companies, Inc. (the “Issuer”) by each of the reporting persons named herein (each, individually, a “Reporting Person” and collectively the “Reporting Persons”).

The address of the principal executive offices of the Issuer is 120 Calle Iglesia, Unit B, San Clemente, CA 92672.

Item 2.  Identity and Background.

Item 3.  Source and Amount of Funds or Other Consideration.

The Reporting Persons acquired 120,000 shares of Common Stock on May 20, 2022. The funds to purchase the Common Shares were derived from the personal funds of the Reporting Persons. An aggregate of $128,507.30 USD was paid, less transaction fees, to acquire the shares.

Item 4.  Purpose of Transaction.

The Reporting Persons acquired the shares of Common Stock reported in this Statement for investment purposes. The Reporting Persons may in the future acquire additional shares of Common Stock or dispose of some or all of the shares of Common Stock beneficially owned by them in open-market transactions or privately negotiated transactions, on such terms and at such times as the Reporting Persons may deem advisable

The Reporting Persons do not have any present plan or proposal that would result in any of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D, except as set forth herein or as may be proposed by Mr. Gerber in his capacity as an officer or director of the Company or by the Board of Directors (the “Board”) with his participation. The Reporting Persons reserve the right in the future to formulate any such plans or proposals, and to take any actions with respect to investments in the Company, including any or all of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D.

Item 5.  Interest in Securities of the Issuer.

(a, b) For information regarding beneficial ownership, see the information presented on the cover page of this Schedule 13D.

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

The information set forth, or incorporated by reference, in Items 3 through 5 above is hereby incorporated by this reference in this Item 6.  The Gerber Trust and Schoenberger Family Trust (the “Schoenberger Trust”), which holds the Shares of Mr. Scott Schoenberger, a member of the Issuer’s Board, have in place a voting agreement (the “Voting Agreement”). Pursuant to the Voting Agreement, the Gerber Trust and Schoenberger Trust vote all respective Shares owned by them to elect each of Messrs. Gerber and Schoenberger to the Issuer’s Board, along with other designees mutually agreed upon.

Item 7. Materials to be Filed as Exhibits

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.