Gemmfiles™1
Paul Yih Sr. Paul Yih Sr.
42 subscribers
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 Published On May 4, 2024

This is the history of our company with its natural evolution, developing from the very simple and first ma and pa store, then moving onto a natural vertical integration from retail to wholesale. To the global distribution plus the other development with mining with direct gem sources from Brazil, fully processed or partially processed than in the use of sound logistics to have the goods sent to Asia, via the use of FedEx from the entry point of Miami - then to the cutting sites in HK, as the other Asain hub then to Seoul, South Korea, more stones were cut in then Colombo, Sri Lanka. With the development of our own lapidary center located in Mai Sai, near Chiang Mai in northwest Thailand, next door to the labor from Burma -- present-day Myanmar. Our ability to gauge our growth and development with great caution and never tempted by huge fortunes -- Nevertheless, in less than 10 years - We have grasped the various levels of sales and distribution of gem rough, semi-processed (preformed stones), then with cut stones and with supply to many of the global manufacturers -- We stay with our principal capital investment with the three most basic type of semi-precious stones, or in and around US$ 1.00/carat cost and lower. They were amethyst, topaz *with three color treatments worldwide, and tremendous amounts of rutilated quartz. We managed to have access to sales and consignments to some of the major US companies, starting with Sharper Image, the Carnival Cruise lines, the manufacturing suppliers to Montgomery Wards, Sears, Bailey Banks, and Biddles, Carson Pierre Scott in the Chicago area, and the jewelry manufacturers in both HK and China. We were both the catalysts and pioneers in the opening of the Hong Kong market as early as 1983, with 26 exhibitors showing stones in then the Sheraton Hotel, located on Nathan Road, in the district of TST in Kowloon. Interviewed by Good Morning! Hong Kong, with some audacity, predicted that the future hub of the trade of gemstones and jewelry would be China. What is more audacious and daring is to have started the system of the Gemmfiles™ as early as 1991 when we had started our use of the Internet and the software system from Microsoft -- already we have begun our earliest participation into the DATA arena. 30 plus years had gone by with the rise and fall of many Internet companies such as AOL, witnessing the rise of Google as the search engine, then with the rest of the significant goods and search engines such as Yahoo and eBay, the arrival of FB and Amazon. We have remained firm and adamant with our convictions to build up the future infrastructure of the system called The Gemmfiles™. In witnessing the rise of groups such as Ethereum and the system of new data involving the service of blockchain to sustain all authenticity of the system with verifiable evidence and communication -- we have created more than 25 trademarks and copyrighted products and services and are now awaiting to find the partner/associate in the assembly of our work onto the AI of today. The sharp contrast of the business of gemstones and jewelry is straightforward -- No more the past obscurity and man-made deceptive practices of this trade -- with self-arbitration of the system of the Gemmfiles™, where the open trading board with all blockchain-related evidence and the natural Gemmdex™ to show the influx of the products -- with the vast Cloud deposit and service for the entire industry, where products can be tracked and traced dating back 200 plus years plus the calendar of the data deposition -- Daily, instantaneously, seller and vendor can see the entire trading system and its influx. The Gemmfiles™ as a whole must be accompanied by the code of the 4T to make the system work with all diligent factors. The values of the products will rise and fall based on the natural demand. This is not just a paradigm change, but the change of characters of the trade if and when this trade wants its own fluidity and where transparency must be used. I will be looking forward to our exchanges, questions, and answers in the future "talk" or "Fala" in this area, starting with the Gemmfiles™ [email protected]

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