InvestorsHub Logo
Followers 314
Posts 10713
Boards Moderated 16
Alias Born 02/24/2010

Re: None

Wednesday, 08/03/2011 1:00:53 PM

Wednesday, August 03, 2011 1:00:53 PM

Post# of 10835
BRGO IS THE MOMENTUM RUNNERS ALERT (email already out)
Bergio International, Inc. .03
Delaware (State jurisdiction of incorporation)

THERE IS NO PAID PROMOTION WHATSOEVER IN BRGO, THIS IS A 100% ORGANIC STOCK RECOMMENDATION/ALERT BY Momentum Runners… BRGO IS NOT A FLIP ALERT, NOR A PUMP AND DUMP…THIS IS AN ACCUMULATION PLAY FOR FAIR MARKET VALUE. ..WHICH I BELIEVE TO BE THE FOLLOWING: WITH A 15.3 MIL O/S AND STOCK HOLDERS EQUITY OF ABOUT 1 MILLION DOLLARS FROM LATEST 10K + 2010 SALE OF 1.5 MILLLION….YOU GET A NUMBER OF 2.5 MILLLION…THAT IS WHAT I BELIEVE THE COMPANY MARKET CAP VALUE SHOULD BE…THAT WOULD TRANSFER TO A PPS OF ABOUT .16 CENTS AT THE VERY LEAST!!!!

I’m modeling this play after just like SMKY an accumulation play with very similar o/s and float . Check the Chart there and the mindset of traders to accumulate the stock….We will do the same with BRGO.

Direct Quote And Strategy Direct From The CEO- for Growth in 2011 and Beyond

“We are going to be doing the “Warren Buffet Strategy”- Going to be the 1st Company to do the Roll Up Strategy in the Jewelry Industry…We already rolled up 1 company from Italy and in negotiations with 2 other companies at the moment.”

Some History on BRGO:

BRGO IPO in 2009 was $.67 and reached a high of $.95 with O/S of approx 60M.

In November 2009 market cap range was Approx 40-57M

If BRGO were to reach a market cap that of its NOV 2009 PPS range with the current share structure today it would be trading at a PPS range of approx $3.50- $4.50 a share--? 15.3 M O/S X $4.00 = 61M market cap
Nov 19th 2009 PPS $.85 x 60M O/S = 50M market cap

April 12, 2011 PPS $.044 x 13M O/S = 575 K Market Cap


Lets look at the lates Sales Number Year by Year in the Filings:


Sales for the year ended December 31, 2007 were $1,296,585

Sales for the year ended December 31, 2008 were $1,385,620

Sales for the year ended December 31, 2009 were $975,354

Sales for the year ended December 31, 2010 were $1,445,570*

* Record Sales for the company in 2010 & 2011(see below) according to the CEO will be much stronger with new jewelry lines and entrance into new upscale retail markets…The company share structure is still near the lowest it has ever been around 15.3 Million…And the Stock is trading near its lows as well under .02….BRGO is extremely undervalued with record sales…This hidden gem, no pun intended, has been completely overlooked by investors and grossly undervalued due to this lack of awareness.

"The company reported 2010 year end sales increased by 48% for total net sales of $1,445,570 compared to $975,354 in sales for 2009. Gross margins improved from 29% to 44% from the comparable period. The 10-K Financial Statement, ending December 31, 2010, indicates the company improved its current assets which increased by $542,604 and current Liabilities decreased by $860,002 while working capital increased by $1,402,606 for the year end December 31, 2010."


“ FACTOR IN THE PRICES OF PRECIOUS METALS AND GEMS…THIS STOCK IS GROSSLY UNDERVALUED AND OVERSOLD WITH CURRENT SALES IN 2010 AND THROUGH 2011 THROUGH Q2.”


2011 SALES FROM Q1 IN APRIL
The company reported 1st quarter 2011 sales increased by 144% for total net sales of $270,551 compared to $111,102 in sales for 2010. The company attributes the positive news to its expansion overseas, and the successful results experienced through its Neiman Marcus expansion.
Berge Abajian, CEO of Bergio International, Inc., said, "I am pleased with the positive results for the 1st quarter and direction of the company. Historically, the first quarter sales tend to be the lowest of the year and to see the positive increase is a very encouraging sign for 2011. I look forward to the JCK Show in June where we will launch our three new collections for the 2011 selling season."
1- Company Info- http://www.bergio.com
Business Description
Bergio is entering into our 20th year of operations and concentrates sales on boutique, upscale jewelry stores. We currently sell our jewelry to approximately 150 independent jewelry retailers across the United States and have spent over $3 million in branding the Bergio name through tradeshows, trade advertising, national advertising and billboard advertising since launching the line in 1995. We have manufacturing control over our line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok.
It is our intention to establish Bergio International as a holding company for the purpose of acquiring established jewelry design and manufacturing firms who possess branded product lines. Branded product lines are products and/or collections whereby the jewelry manufacturers have established their products within the industry through advertising in consumer and trade magazines as well as possibly obtaining federally registered trademarks of their products and collections. This is in line with our strategy and belief that a brand name can create an association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products.
We intend to acquire design and manufacturing firms throughout the United States and Europe. If and when we pursue any potential acquisition candidates, we intend to target the top 10% of the world?s jewelry manufactures that have already created an identity and brand in the jewelry industry. We intend to locate potential candidates through our relationships in the industry and expect to structure the acquisition through the payment of cash, which will most likely be provided from third party financing, as well as our common stock but not cash generated from our operations. In the event we obtain financing from third parties for any potential acquisitions, Bergio International may agree to issue our common stock in exchange for the capital received. However, as of the date of this Current Report, we do not have any binding agreements with any potential acquisition candidates or arrangements with any third parties for financing.

Principal Products and Services

We have historically sold our products directly to distributors, retailers and other wholesalers, who then in turn sell their products to consumers through retail stores. Independent retail jewelers that offer the current Bergio line are not under formal contracts and most sell competing products.
Our products consist of a wide range of unique styles and designs made from precious metals such as gold, platinum and Karat gold, as well as other precious stones. We continuously innovate and change our designs based upon consumer trends and as a result of new designs being created we believe we are able to differentiate ourselves and strengthen our brands. We sell our products to our customers at price points that reflect the market price of the base material plus a markup reflecting our design fee and processing fees.
Each year, most jewelry manufacturers bring new products to market. We believe that we are a trendsetter in jewelry manufacturing. As a result, we come out with a variety of products throughout the year that we believe have commercial potential to meet what we feel are new trends within the industry.
2- Current Share Structure & Quick View of Financials
Bergio International is a leading jeweler that sells its jewelry to approximately 50 jewelry retailers across the United States.

From the Latest 10-Q
-Total Assets = $2,191,505
-Total Liabilities = $1,192,505
-Total Stockholders’ Equity = $999,004

-$1,487,671 value in their inventory alone. (ALL PRECIOUS METALS AND RARE STONES- HARD ASSETS)


Share Structure
-only 15,273,637 Shares Outstanding, so I’m assuming float is less than that
-BRGO was trading at around .12 in January 2011…since then......
-company reported 2010 year end sales increased by 48% for total net sales of $1,445,570 compared to $975,354 in sales for 2009
http://ih.advfn.com/p.php?pid=nmona&article=47123851

-the company is beginning to expand into Neiman Marcus
http://ih.advfn.com/p.php?pid=nmona&article=47205772

-the company just launched several new collections this summer
http://ih.advfn.com/p.php?pid=nmona&article=47297758

-the company won the 2011 Bridal Design Consumer Award
http://ih.advfn.com/p.php?pid=nmona&article=47544294

3- Chart And Technical Analysis

Chart Analysis: This is a Classic Bottom Channeling Chart holding the 50 Day MA. To me these are the most explosive charts…However, the Chart here is only half the story as most of you already read the Company Fundamentals & Growth Projections…Lets dig deeper into the chart:
1- 50 day MA offering excellent support on the chart for over 1 month.
2- RSI 52.30 is relatively tame…but will support tremendous upward breakout movement without getting smoked.
3- MACD – Channeling @ .000 just waiting for volume to dictate direction
4- 200 MA Avg of .056 though it seems a mile away, on April 11, 2011 only 2M in volume moved it to right around that point on the chart. The Float and SS are very similar to that data point…So, I’m very confident we will cross and hold the 200 moving day average in short time maybe even by Friday if volume comes in and we stay to our plan to Accumulate BRGO.
4- Historicals-
Historical Prices
Date Open High Low Close Volume Adj
Close
2011/08/02 0.019 0.022 0.017 0.019 182,132 0.019
2011/08/01 0.019 0.019 0.018 0.018 96,574 0.018
2011/07/29 0.017 0.019 0.017 0.019 233,640 0.019
2011/07/28 0.017 0.017 0.017 0.017 - 0.017
2011/07/27 0.018 0.018 0.017 0.017 312,935 0.017
2011/07/26 0.018 0.020 0.017 0.020 143,975 0.020
2011/07/25 0.015 0.018 0.015 0.018 53,733 0.018
2011/07/22 0.020 0.020 0.017 0.017 51,443 0.017
2011/07/21 0.017 0.020 0.017 0.020 16,316 0.020
2011/07/20 0.017 0.017 0.017 0.017 15,232 0.017
2011/07/19 0.019 0.019 0.017 0.017 121,762 0.017
2011/07/18 0.020 0.020 0.019 0.019 45,500 0.019
2011/07/15 0.017 0.020 0.017 0.020 83,294 0.020
2011/07/14 0.020 0.020 0.017 0.017 276,000 0.017
2011/07/13 0.013 0.017 0.013 0.017 59,566 0.017
2011/07/12 0.017 0.023 0.014 0.018 236,246 0.018
2011/07/11 0.018 0.018 0.017 0.017 60,134 0.017
2011/07/08 0.020 0.020 0.015 0.018 456,216 0.018
2011/07/07 0.022 0.022 0.019 0.022 227,735 0.022
2011/07/06 0.022 0.025 0.018 0.022 1,949,341 0.022
2011/07/05 0.020 0.024 0.018 0.023 1,204,116 0.023
2011/07/04 0.018 0.020 0.00010 0.020 129,700 0.020
2011/07/01 0.018 0.020 0.018 0.020 129,700 0.020
2011/06/30 0.017 0.025 0.017 0.020 777,186 0.020
2011/06/29 0.014 0.020 0.013 0.017 1,509,381 0.017
2011/06/28 0.013 0.014 0.013 0.013 113,374 0.013
2011/06/27 0.013 0.014 0.013 0.013 878,625 0.013
2011/06/24 0.013 0.015 0.013 0.015 266 0.015
2011/06/23 0.014 0.015 0.013 0.015 632,812 0.015
2011/06/22 0.013 0.014 0.012 0.014 292,134 0.014
2011/06/21 0.013 0.014 0.013 0.013 49,208 0.013
2011/06/20 0.013 0.014 0.013 0.013 231,041 0.013
2011/06/17 0.013 0.015 0.012 0.012 283,208 0.012
2011/06/16 0.014 0.015 0.012 0.014 211,876 0.014
2011/06/15 0.017 0.018 0.014 0.014 250,036 0.014
2011/06/14 0.014 0.018 0.014 0.015 254,556 0.015
2011/06/13 0.015 0.015 0.015 0.015 5,000 0.015
2011/06/10 0.017 0.017 0.012 0.013 452,636 0.013
2011/06/09 0.017 0.019 0.016 0.016 630,000 0.016
2011/06/08 0.021 0.021 0.018 0.019 300,887 0.019
2011/06/07 0.021 0.021 0.020 0.021 34,277 0.021
2011/06/06 0.021 0.021 0.021 0.021 - 0.021
2011/06/03 0.021 0.021 0.021 0.021 20,000 0.021
2011/06/02 0.021 0.021 0.021 0.021 10,183 0.021
2011/06/01 0.025 0.025 0.020 0.023 185,599 0.023
2011/05/31 0.025 0.025 0.024 0.024 54,800 0.024
2011/05/30 0.025 0.026 0.00010 0.026 334,584 0.026
2011/05/27 0.025 0.026 0.022 0.026 334,584 0.026
2011/05/26 0.025 0.026 0.021 0.021 5,970 0.021
2011/05/25 0.023 0.025 0.023 0.025 45,833 0.025
2011/05/24 0.020 0.023 0.020 0.023 11,999 0.023
2011/05/23 0.021 0.023 0.020 0.020 247,666 0.020
2011/05/20 0.026 0.026 0.021 0.024 231,500 0.024
2011/05/19 0.025 0.026 0.021 0.026 304,561 0.026
2011/05/18 0.028 0.030 0.022 0.030 32,770 0.030
2011/05/17 0.021 0.025 0.021 0.024 75,500 0.024
2011/05/16 0.023 0.024 0.021 0.021 450,441 0.021
2011/05/13 0.025 0.025 0.023 0.025 12,916 0.025
2011/05/12 0.025 0.026 0.025 0.026 39,000 0.026
2011/05/11 0.025 0.026 0.023 0.024 343,622 0.024
2011/05/10 0.026 0.028 0.026 0.026 11,000 0.026
2011/05/09 0.025 0.025 0.025 0.025 8,500 0.025
2011/05/06 0.025 0.025 0.025 0.025 833 0.025
2011/05/05 0.026 0.028 0.025 0.028 146,000 0.028
2011/05/04 0.029 0.029 0.025 0.029 434,900 0.029
2011/05/03 0.029 0.030 0.027 0.029 565,572 0.029
2011/05/02 0.032 0.033 0.028 0.033 237,500 0.033
2011/04/29 0.028 0.043 0.028 0.032 448,876 0.032
2011/04/28 0.031 0.031 0.028 0.028 442,008 0.028
2011/04/27 0.030 0.039 0.027 0.028 444,212 0.028
2011/04/26 0.028 0.045 0.026 0.028 441,650 0.028
2011/04/25 0.030 0.036 0.026 0.036 548,826 0.036
2011/04/22 0.030 0.031 0.00010 0.031 14,083 0.031
2011/04/21 0.030 0.031 0.030 0.031 14,083 0.031
2011/04/20 0.025 0.030 0.025 0.030 9,070 0.030
2011/04/19 0.030 0.040 0.020 0.020 771,811 0.020
2011/04/18 0.030 0.039 0.030 0.035 242,966 0.035
2011/04/15 0.037 0.038 0.033 0.035 112,399 0.035
2011/04/14 0.047 0.070 0.038 0.038 840,698 0.038
2011/04/13 0.048 0.049 0.041 0.044 125,994 0.044
2011/04/12 0.045 0.050 0.036 0.049 384,723 0.049
2011/04/11 0.025 0.050 0.018 0.039 1,195,676 0.039
2011/04/08 0.015 0.022 0.015 0.022 1,264,942 0.022
2011/04/07 0.016 0.016 0.015 0.015 356,916 0.015
2011/04/06 0.016 0.016 0.015 0.016 372,325 0.016
2011/04/05 0.016 0.016 0.015 0.015 715,326 0.015
2011/04/04 0.016 0.018 0.016 0.016 269,500 0.016
2011/04/01 0.016 0.017 0.016 0.016 447,735 0.016
2011/03/31 0.016 0.016 0.015 0.016 102,064 0.016
2011/03/30 0.016 0.016 0.016 0.016 67,000 0.016
2011/03/29 0.014 0.020 0.014 0.015 107,666 0.015
2011/03/28 0.020 0.020 0.019 0.019 114,334 0.019
2011/03/25 0.027 0.027 0.020 0.020 16,896 0.020
2011/03/24 0.026 0.026 0.020 0.025 49,423 0.025
2011/03/23 0.020 0.025 0.020 0.025 24,416 0.025
2011/03/22 0.022 0.022 0.020 0.020 146,222 0.020
2011/03/21 0.021 0.030 0.021 0.022 40,000 0.022
2011/03/18 0.025 0.026 0.025 0.026 3,191 0.026
2011/03/17 0.028 0.030 0.021 0.030 491,784 0.030
2011/03/16 0.028 0.030 0.028 0.029 83,083 0.029
Historical Pric\


5- Recent News:
07/21/20118:00AMMWUSBergio International Announces the Launch of Their New Accessory Line in NYCOTCBB:BRGOBergio
07/11/20116:02AMForm (8-K)Current report filing OTCBB:BRGO
06/22/20118:00AMMWUSBergio International Announces JCK Trade Show Positive ResultsOTCBB:BRGOBergio International
05/16/20119:54AMMWUSBergio International Announces Positive 1st Q ResultsOTCBB:BRGOBergio
05/13/20115:15PMForm (10-Q)Quarterly Report OTCBB:BRGO 05/11/20113:22PMForm (8-K)Current report filing OTCBB:BRGO 05/10/20114:07PMEDGARSecurities Registration: Employee Benefit Plan (S-8)OTCBB:BRGO
05/05/20118:00AMMWUSBergio, Bridal Jewelry Designer, Wins Nomination for 2011 Bridal Design Consumer AwardsOTCBB:BRGOBergio
04/26/20119:57AMMWUSBergio to Co-Sponsor the 2011 Miss Virginia Pageant With Longs JewelersOTCBB:BRGOBergio International, Inc.
04/14/201110:08AMMWUSBergio Launches 3 New Collections in June, 2011OTCBB:BRGOBergio International, Inc.
04/07/20118:00AMMWUSBergio Brand Expanding in Neiman MarcusOTCBB:BRGOBergio International, Inc
04/01/20118:00AMMWUSBergio International Announces Positive 2010 Year End ResultsOTCBB:BRGOBergio International, Inc.
03/31/20115:16PMForm (10-K)Annual Report OTCBB:BRGO
02/14/20116:48PMEDGARAmended Statement of Ownership (SC 13G/A)OTCBB:BRGO


Click To Visit

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.