If You Invested in GRAND GALLERY INC. (COSG)

COSMOS GROUP HOLDINGS INC. (COSG), also referred to in company communications as Cosmos Group Holdings, is a business group that states it operates through two primary segments: Arts and Collectibles and Financing. The company’s arts and collectibles activities are conducted through its fully owned subsidiary Coinllectibles™, while its financing activities are carried out through subsidiaries licensed under Hong Kong’s Money Lenders Ordinance, which primarily provide unsecured personal loans and maintain a smaller portfolio of mortgage loans.

Arts and Collectibles Segment and Coinllectibles™

According to multiple company press releases, Cosmos Group Holdings describes Coinllectibles™ as an art and collectibles company and technology company that supports the collectibles industry with a focus on rare memorabilia and artworks that exist in the real world, whether tangible or intangible in nature. The group states that, through Coinllectibles™, it provides authentication, valuation and certification (AVC) services, as well as sale and purchase, hire purchase, financing, custody, security and exhibition (CSE) services to art buyers.

The company explains that these services are offered through traditional channels and also by using blockchain-related technology. In its disclosures, Cosmos Group Holdings highlights the use of Digital Ownership Tokens ("DOTs"), which it describes as digital ownership tokens created using distributed ledger and non-fungible token (NFT) technology, with a unique identifier intended to reflect digital ownership title to a tangible or intangible asset by embedding legally binding ownership documentation into the metadata of the DOT and securing that metadata on a blockchain.

Coinllectibles™ is described as applying blockchain, marketplace, metaverse and DOT technologies as tools to enhance the real-world collectibles industry. The company states that the technology underpinning DOTs has multiple functional use cases that Coinllectibles™ applies to areas such as art, sports, watches, numismatics, limited edition toys, limited edition fashion wear and sneakers. In several releases, Coinllectibles™ characterizes its DOT as a “Gold Standard” digital ownership token containing, on Arweave, a sale and purchase agreement, bailment terms, a transfer deed, an ownership title deed written into the DOT description, and an identification file of the underlying asset.

Integration of Physical and Digital Art

Company communications describe Coinllectibles™ as focusing on collectibles that have intrinsic value in the real world, and on combining physical and digital forms. Examples in press releases include collaborations with auction houses and galleries, such as Apollo Art Auctions and Art Seasons Gallery, where physical artworks or ancient art pieces are paired with DOTs. In these collaborations, buyers are described as receiving both the physical asset and the corresponding digital ownership token.

Cosmos Group Holdings has also highlighted the use of 3D autostereoscopic tablets to display 3D art DOTs, describing these devices as a way for visitors and collectors to experience digital artworks without glasses. The company has referenced participation in events such as ART SG, where Coinllectibles™ presented both traditional and digital art and used 3D tablets to showcase multiple 3D art DOTs.

Financing Segment and Lending Activities

In its “About Cosmos Group Holdings Inc” sections, the company states that, with subsidiaries licensed under Hong Kong’s Money Lenders Ordinance, it primarily provides unsecured personal loans to private individuals, with a smaller portfolio of mortgage loans. Cosmos Group Holdings has also communicated an intention to integrate its arts and collectibles segment with its lending business by offering secured financing services to prospective art and collectibles purchasers, describing this as a way to provide a one‑stop arts and collectibles purchasing and financing experience.

Company commentary has emphasized that the lending business has been described as a “profitable business unit” in its own communications, and that management has considered focusing more on this unit while continuing to build the arts and collectibles business.

Use of DOT Technology and Corporate Developments

Cosmos Group Holdings has discussed the development and use of DOT technology in several press releases. The company has stated that the DOT business experienced growth, but that technology and business development costs associated with DOTs were high. In one communication, Cosmos Group Holdings reported entering into a settlement agreement under which DOT technology development entities would be transferred to another party, while Cosmos Group Holdings would continue to acquire the usage of the technology from a related partner. The company described this as a way to reduce development costs and improve the potential profitability of the group while still using DOT technology from an affiliated provider.

In its own descriptions, Cosmos Group Holdings has indicated that its central mission in the arts and collectibles area is to use blockchain‑related technology to increase efficiency and enjoyment in real‑world art and collectibles through what it calls responsible innovation. At the same time, the group has communicated that it reassessed its business model in light of broader market conditions in digital assets.

Partnerships and Art‑Related Activities

Cosmos Group Holdings and its subsidiary Coinllectibles™ have announced various partnerships and collaborations. These include a memorandum of understanding with Smart Citi Teknologi, under which Cosmos Group Holdings would provide services related to the creation of Art & Cultural DOTs for tangible and intangible assets to be used in Smart Cities solutions. The parties indicated they would contribute proprietary technologies to create new services for their respective markets.

Coinllectibles™ has also described collaborations with auction houses such as Apollo Art Auctions and Spink & Sons, and participation in art fairs such as ART SG. In these contexts, the company has highlighted its role in pairing physical artworks and collectibles with DOTs, and in presenting both traditional and digital art to visitors.

Corporate Identity and Rebranding

In a later communication issued under the name Grand Gallery Inc. (OTC:COSG), the company is described as formerly Cosmos Holdings Inc. and as the previous owner and operator of the domain associated with Coinllectibles. That announcement explains that, following a strategic rebranding and shift in digital presence, the company voluntarily discontinued and released a particular domain, and that an unrelated third party later acquired it. Grand Gallery Inc. states that it has no relation, association or connection with the current operators of that domain and reserves legal rights concerning the use of content that originated from Coinllectibles Inc., described there as a previous identity of Grand Gallery Inc.

These communications indicate that the entity associated with ticker COSG has undergone changes in corporate identity and branding over time, including references to Cosmos Group Holdings Inc., Cosmos Group Holdings, Cosmos Holdings Inc., Coinllectibles Inc., and Grand Gallery Inc. The company’s own statements focus on arts and collectibles, DOT‑based digital ownership, and lending activities as the core areas of its business.

Business Segments Summary

• Arts and Collectibles: Conducted through Coinllectibles™, focusing on real‑world art and collectibles, and on the use of Digital Ownership Tokens (DOTs) to document ownership and related rights.
• Financing: Conducted through licensed money‑lending subsidiaries, primarily offering unsecured personal loans and a smaller portfolio of mortgage loans, with an expressed goal of integrating these services with art and collectibles transactions.