PNIK started life as AAA Minerals, Inc. in 2004 and eventually morphed into AAA Energy, Inc. and then FIGO Ventures, Inc. before becoming Precious Investments, Inc.. PNIK has been either in the energy market or minerals area for all its life. As recently as 2014 PNIK (as FIGO Ventures, Inc.) was in the minerals business via their lease of a gold mine in Columbia, South America. With the down turn in gold prices the company decided to suspend its mining operation in Columbia and seek out an opportunity in the colored diamond markets.In order to further foster its position in the diamond trading market PNIK, via the acquisition of Karrah Inc. (Located in Toronto, Ontario, Canada), has also become a Manufacturer and Wholesaler of fine jewelry, a wholesaler of fine pre-owned vintage watches and buyer of jewelry, watches and diamonds via liquidations, bankruptcies and estate sales. The plans for Karrah are to take advantage of the model where Karrah has been successful in buying liquidation and closeout merchandise and supplying to retailers/auctioneer/collectors in Toronto and Vancouver. PNIK will scale the business by funding the acquisition of more merchandise in order to do the same business south of the border with American auction houses and retailers. Karrah has developed relationships with major brokers and agents or bankruptcy and closeout merchandise. Karrah has also developed manufacturing tactics that allow it to customize Swiss watches with diamonds and gems enhancing their value. These two strengths will also be leveraged and used to grow the company.
Company Name | PNIK |
Business Category | Precious Metals |
Address | 1101 - 21 Dundas Square M5B 1B7 Toronto. Ontario Canada |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
Phone Number | Locked content | Subscribe to view |
Fax Number | Locked content | |
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Website | Locked content |