Thursday, February 23, 2017 9:18:54 PM
if past performance on news is any indicator shareholders have a very long wait and chances are any future news will be roughly 99% hogwash like last year's PR:
February 18, 2016 09:00 ET
Bergio International,Inc.'s (BRGO) CEO Berge Abajian Sets New Agenda for the Company to Enhance Net Stock Holders Equity
FAIRFIELD NJ--(Marketwired - Feb 18, 2016) - Bergio International, Inc.'s (OTC PINK: BRGO) CEO Berge Abajian announces that BRGO will begin implementation of a new plan to get the Company back on track to success. The Company has already taken steps to maintain its public disclosure on OTC Markets by remaining current in its reporting obligations. Corporately, BRGO is considering amending its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These securities will then become available to the common shareholders. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free. The next part of the plan is to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
Berge Abajian, CEO of Bergio International, Inc. says, "This new plan is absolutely necessary in order to attract investment into BRGO. We will also be able to restore investor confidence, if we commit ourselves to remove affiliate& non-affiliate debt, and build net stockholders equity on the balance sheet. This is a process that we are committed to forging ahead with, our resolve to complete those tasks are a function of effort, teamwork and time".
He further states, "We have a team of very qualified professionals that will implement this strategy and our mandate, moving forward, BRGO will seek to have more of a transparent dialogue with its investors, as to the clarity of implementing those objectives. As we meet certain milestones, the investment community will be made more thoroughly aware through public disclosure and record."
beware of the pump it will leave you in the dump
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