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Some nice loading today... $BRGO.
he's referring to the RS rinse and repeat that BRGO CEO always resorts to, NO matter what he might tell investors....he at some point (a year or so ago) told investor in an interview that he had NO plans to RS, then not long after he projected over $20 million in revenue and then the fins came out and he missed that mark by MILLIONS, he announce a RS!!!
Berge Abajian, CEO, stated, "We have announced a 500:1 reverse split on Friday, October 28, 2022. This corporate decision was instrumental for BRGO to move forward. The market cap does not reflect the real value of the company compared to its 2021 revenues of $10,997,988 and stockholder equity of $3,740,303 for 2021 and $4,917,043 as of the 3rd quarter of this year."
Authorized Shares
15,000,000,000
01/10/2023
Outstanding Shares
6,158,480,262
01/10/2023
IMO, once the RS takes place to the OS, he will then start the dilution of the remaining 8+ BILLION shares in the AS.
Looking forward to seeing how this benefits $BRGO...
Jonathan Foltz is one of them, former President and Co-Founder of Aphrodite's, who is known for building, growing, and scaling companies quickly - with more than a dozen companies under his belt. He is now looking to take on a new role in the public company and will be stepping down from the helm of Aphrodite's.
A company’s structure no matter how real (or fake) is moot when compared to billions of shares in the float. One does not help the other except to allow more shares to be diluted to the abyss. Even if BRGO did $5,000,000 in net profits, the EPS on 6.1 billion shares would only be, $.0008 per share putting the share price still well under $.002. Anyone selling even 50,000 would kill it right back to $.00001
These tickers legit or schemes operate this way.
Take any given OTC diluted scheme and think of the company as the holder of 100 coins they discovered in the vault and sell them as rare examples and collectors rush to buy them for $1000 each with the intention more will want them and they will be able to sell them for a higher price. Then when the company sells them all they look in the vault and discover 100 more and sell them for $500 each, then they find another batch of 10,000 and sell them for $10 each and yet again they find another bag of 100,000 and sell them for $1 each and yet again 100,000,000 at $.01.
The difference between real coins and this example is the coins are being minted by the company as long as people are buying them. Anyone who paid $1000 or $500 or $10 or $1 or even $.01 will never be able to resell them as long as more are added (created) to the market.
With 6,000,000,000 coins dumped into the market place no matter what the company tells people about now the coins will rise back up will never happen because anyone who paid $1 would sell them for $2, $5 and always keep the price down making it impossible for anyone who paid over $10 to make any money. And if the price even were to rise up from $1 to $2, the company will just release another 100,000,000 to make more money killing the price right back down to $.10 then $.00001
No news, no sales, no profits, no being a leader in global sales (yeah right LEADER!) will ever help the stock. If the company ever was able to even hit $100,000 in REAL sales which I doubt would ever happen but if it did and the CEO makes $80,000 salary and sales continue it will never reflect on the share price.
The only thing that is guaranteed is people will lose their money.
$BRGO Bergio, an American holding corporation and global leader in fine and fashion jewelry, announces Jonathan Foltz will be taking a new role at Bergio International, heading up the new technology, WEB3, and app division. https://seekingalpha.com/pr/19072382-jonathan-foltz-to-lead-new-technology-and-app-division-of-bergio-international
I see people over and over say a specific "ticker is a scam and they know by experience" So does that mean those low level retailers are buying into pump and dumps just so they can lose money and brag they they knew it would happen just to be RIGHT about something?
You never seem to find anyone to say "I knew this would explode and it made me rich"
Crazy investors.
you were warned years ago about the repetitive cycle here.
The CEO of BRGO is the lowest form of humanity. He kept lying and stealing investors money over and over. Not one reversed split, not second, not third, and sure not the latest 4th reversed split could make him change. You would think a thief would change after one or two reversed split but not Berge Abajian because he is a serial thief, no different than a serial criminal. He kept lying and stealing people's money until their last dollar. He did it for one 10 years. I hope he get a damn cancer as bad karma and never recover. A payback for all the crimes he committed.
??? "That's why these OTCs THRIVE???" BKs, foreclosures and financial failures galore. Do some research people.
OTC tickers like this one are no different then investors putting money into a homeless mans begging cup with a sign that says "Im Hungry" then you see him use the money to buy Vodka. He never said he was going to buy food he just said hes hungry.
That is what these OTCs do. They may find gold, they may grow marijuana, they may dig up lithium but never do. They do run out and buy new cars and Rolex watches with the money but by no means did they say what they mentioned as intent would ever happen.
If someone took an OTC and renamed it SCAM CO. and had the ticker SCAM and said shares are only $.0001, they would sell all 50,000,0000,000 shares at $.0001 and raise $5,000,000 cash. And people would STILL invest in that company $100 for 1,000,000 shares. That is what investors do. That is why these OTCs thrive.
I said the same thing over 10 years ago and never bought a share since. He is still getting away with this. The guy should be in jail but sadly what he is doing is still legal. I hope Karma bites this guy in the ass. One who deserves it.
The scammer CEO of BRGO Berge Abajian from Armenia wins that award. He stole everyone's investments with endless lies and dilution. Just look at all his press releases, tweets and conference calls, this disgusting animal, piece of garbage human being was lying the whole time. While he's telling everyone that the stock is undervalued along with a faked news to pump the stock, he's also diluting behind your back and telling everyone to buy the stock because it is undervalued and theres no reverse split. He scammed all the investors in his company. He is a thief and will say anything and lie to get your money. Berge Abajian should be arrested and go to prison for fraud.
95%? I'd put the number at about 100% where the stock is promoted in any way, and has active discussion on IHUB, stocktwits etc.
Some thinly traded foreign issues are legit, but those aren't really investible due to extremely thin trading. I've seen OTC stocks or American Depository Receipts (ADRs) that may only trade a few times a year and then with huge bid/ask spreads. Often they can be identified by their much higher prices (say $50/share) than the scam junk that targets penny stock gambling addicts.
Yep, 95% of OTC are scams. Just put yourself in their positions. They have the ability to make money on others behalf without working Monday to Friday, secure a retirement and live a good life. All they have to do is dilute, rs, bank easy money and then bail away
The shorts for 2022 are closing out the year having made over $300 BILLION! due to the market drop. I bet NO ONE has made any money long on these pump and dumps.
1,100,000 shares today took in $106, so sad.
What a shame but everyone has to know by now this is the NORM on these OTC stocks. It's not isolated, it's no different then all the others tickers in peoples accounts.
Crazy market.
PERFECT, AS A REMINDER OF MY COPY. THANKS
I assure you he is having the book proofed and edited. I only get to see the draft. So far we like the material. SPOT ON that no one is taking about or even knows about.
" Much of this will be covered in one of the chapters in the soon to be release book."
What book? I have quite a few high level investing books? Might be interested. Will the book be proofread?
Stemcell, from what I have seen over the years in these here today gone tomorrow tickers is they need to keep interest up to sell shares to new bees.
The company has brokers intentionally drop the price down to $.000001 and then the next day they buy some back at $.0001 (a 100x gain) of 10,000% increase. They do that to get people to run and grab the calculator and say to themselves if they has only bought $1000 worth of shares at $.000001 (one billion shares) and sold them at $.0001 they would have turned $1000 into $100,000. That is the logic that attracts new investors but the market makers would never have a bid buy for 1 billion at $.0001.
They may have a bid for $.0001 but for only 100,000 shares and as soon as a seller dumps them the level 2 may then change to $.00001 for 50,000 then $.000001 for 25,000 making it impossible for anyone to buy at $.000001 and sell to make any money.
As for the shorts, naked or valid. A broker can lend shares that are then lent again and again. Not naked because each lend is registered. YES lending and borrowing shares 10 times would look like naked fakes added to the market and in a way they are but those shorts end up being closed when the price drops.
My guess is they shorted BRGO big time the past week and bought all the lent shares they sold for $.0001 or more and bought them back from the company debt holders for $.000001 to close out the shorts are a fraction of what they sold then for. If the price went UP to $.0005 let say, the shorts would end up buying back higher and losing millions and you all have to know by now, those brokers and those shorting will make sure the stock tanks which it did to close all the multiple lent open short positions.
This further proves the brokers are all in on the plan to dump, dilute, short, buy back for $.000001 and repeat the process. Much of this will be covered in one of the chapters in the soon to be release book.
Stemcell what the heck is with the price today?
You don't even know how to spell Buffett's_name.
You're not talking to one of the penny idiots. BTW I mod both of IHUB's BRK boards. Have for years.
Imagine a skyscraper elevator and the lobby floor is .0001, and for the f of it let's say the 100th floor is a penny
Lobby looks good.... if you make it to the second floor and sell you have doubled your money
I prefer to get on the elevator when:
- volume is present along with buying
- little or no toxic financing
- 6th floor or higher - too many 1 tick flippers on the first few floors
don't be greedy! Don't go for the penthouse! Catch it while it's moving and ring the register (sell) when it shows the slightest sign of slowing. I use a 15% trailing stop order
approx 250 trading days in a year, if you earned just 5% on 1 trade a day you would be fat EOY.
jmho
Buffet lost billion$ on Heinz, Occidental, American, delta, United airlines and other businesses. You have to lose money to make money. Even the mighty Franklin Templeton lost billions to make 10's of billions. They all have to take high risks but still make profits.
OTC is almost a sure thing you will lose all your money. As I have stated that does not mean all OTCs are bad and you have to know what to look for to find the good.
That is how to make $$$ on OTC's you buy the good with knowledge knowing full well the masses will keep buying schemes that are always an accumulated loss in their trade accounts
You should learn from your SEC, not from penny stock boards
"A synthesis of recent academic literature reveals troubling properties of OTC stocks. Academic studies find that OTC stocks tend to be highly illiquid; are frequent targets of alleged market manipulation; generate negative and volatile investment returns on average; and rarely grow into a large company or transition to listing on a stock exchange. " [more]
"Analysis of 1.8 million trades by over 200,000 individual investors confirms that the typical OTC investment return is severely negative."
https://www.sec.gov/dera/staff-papers/white-papers/16dec16_white_outcomes-of-investing-in-otc-stocks
Ever think of buying REAL stocks, audited dividend-paying issues on the NYSE, say. Especially after Sarbanes-Oxley, post Enron, devastating stock fraud has been almost non existent there. Buy what Buffett buys.
Lmao same here. All my 28 OTC tickers are bagged with an average of 85% in the red. I have seen everything, all scams possible. Dilution, reverse split, lawsuits, CEO that are suddenly disappearing, CE, promo badge, starters that are going bankrupt, merger with shitty worthless company and what not. They are all scam....take profit and run or exit at a 10% loss....I learned that too late
EXCELLENT! VERY PRECISE AND STRAIGHT TO THE POINT. NEED ALL THE TICKERS THAT YOU ARE TRADING, IT WILL HELP SO THAT WE CAN PAY OFF DEBTS
I knew that before you told me.
Yeah.. i have 30 OTC stocks in my watchlist and 99% of them have lost its value more than 95%
Stockstobuy, if 95% of all stocks are scams, that means that 95% of the 10's of millions who invest billions each year know they will lose 95% of their money.
But I think your estimate is generous, I would put that 99.99% of all OTC tickers are questionable. That is more accurate because so far out of EVERY IHUB ticker chat room, no one is showing they made money on those tickers.
The remaining .001% is what I am watching very carefully.
Berge from BRGO and Frank need to get together
95% of OTC stocks are run by scammers, serial con-arists, and criminals. Berge Abajian, the Armenian CEO who is the biggest disgraced of Armenia and who is the CEO of BRGO is the biggest example. He kept saying the stock is undervalued and yet he kept lying and dumping more shares and pocketing shareholders money resulted in 4 reverse split. I hope this greedy, dishonest, animal get a deadly cancer that would cause him to suffer as payback to all those investors whom he defrauded for over 10 years. Maybe he get struck by a car because karma is a bitch and no one else deserved more than he does.
lekers17, As long as OTC investors keep tossing money into the trash, BRGO and 1000's of other OTC's will be right there to take it.
With about 12,000 listed OTC tickers about 10% account for over 90% of all shares traded on any given day. That is because the shares are under a penny. What is interesting is that the 10% low priced pump and dump stocks only make up for less then 10% of the daily dollar volume on any given day. But 10% can be between $200,000,000 and $400,000,000 spent on just those pump and dumps EACH DAY!
Doing the math, the 10% pump and dumps that account for over 90% of all shares traded each day make on any given day about $300,000,000 of the daily trade dollar volume that is usually in the billions. Just those 10% pump and dumps account for about $90 billion annually being tossed to the trash.
With that kind of money available for selling just shares on a few $1000 worth of PR news releases, you cannot blame the OTC pump and dumps. If all those OTC pump and dumps one day said NO MORE and stopped selling shares, the same investors would spend it gambling, casinos, lotto, the horse tracks or back room poker games etc.
You cannot blame the OTC's, they are just sitting with a broom and dustpan scooping up the money investors just drop to the floor. If they don't take it someone else will. As long as investor gamblers believe in the dream of a windfall and keep spending money to find it to no avail, their will always be someone to take what you are willingly giving knowing you only bought a dream not reality. And the disclaimers say that in the fine print you may likely lose all your money!
When the stock is diluted and eventually no one will buy any more shares, they will just reverse merge into a new entity and a new ticker and the SAME investors will jump into that scheme as well. I mean CAMON! People, BRGO says it right on the data that they were another scheme and another ticker before the change to BRGO and eventually BRGO will change to another ticker and add that they were also formally BRGO in 2022 or 2023 or ? when the shares run out.
From the OTC data it says,
BRGO
Formerly=Alba Mineral Exploration, Inc. until 11-2009
Soon it will say
Formerly=Bergio International until 11-2022 (or later depending on when they change tickers)
Formerly=Alba Mineral Exploration, Inc. until 11-2009
The example above is the reason why the OTC listed tickers never gets reduced. You would think when a company like ALBA folded the OTC would lose a listed ticker and 1000's of others doing the same. The fact that pump and dumps can change to a new ticker then reemerge with a new ticker starts the cycle over again and the OTC listed tickers is never reduced.
If all pump and dumps folded after the scheme closes the 12,000 would reduce to about 5,000 tickers. The cycle continues over and over and the only reason it happens and thrives is sucker investors wont ever stop buying the dream.
What people do not realize if when a new ticker emerges and they are fed up with the previous ticker, they are almost always giving money to the SAME people they lost on the previous ticker. SURE their is a new CEO who is the patsy to take the heat and cursing when the scheme fails but the fact is, investors likely gave most of the money they invested over the years to the same people.
Kid of sad but it is the reality of people who want to find a dream for $100 more or less and turn that $100 into $1,000,000 and the belief it could happen at least makes the time of day pass with some hope. If they do not invest they cannot think about that dream becoming a reality that never happens but that little bit of HOPE I guess may be worth the loss just to keep moving ahead with some aspect of a light at the end of a very long tunnel.
It is just the way it is and will never change.
Said in a nutshell. The CEO does not own any shares of his own company. So he keeps reverse splitting and reverse splitting. Berge is a crook as I said over 10 years ago. I have never bought a share since and this garbage is still going on.
Yep. No nft certification. All smoke and mirrors.
I meant MEAN not MEAT! sorry
meatstreetdude, You have to keep this in mind when people keep posting declines in value and lower valuation and increased float and % drop in liquidity, the one fact to all of those numbers be it up or down, The scheme always makes money, they never lose.
If people here lost 90% and soon maybe another 50% the debt investors keep making money, they never lose, the decline in price and value is to keep everyone from selling other then at a loss and to compensate for the lower prices shares, they just increase more to the float.
They don’t care about the share price up or down! ($.10 or $.001) If they sell 100,000,000 at $.10 to make $10,000,000 or they sell 1,000,000,000 at $.01 to make $10,000,000 or even 10,000,000,000 at $.001 they make $10,000,000 its still the same revenue on more shares lower that only hurt investors. It is part of the plan!
And they do it starting high; dilute, cost average buyers jump in, and then dilute some more to attract the bottom feeders who buy in at diluted prices.
They make $10,000,000 x 3 ($30,000,000) and it came from what ever the share price is be it $.10 or $.001. Investors will never see a return and even selling at a loss, the market makers will shut out the level 2 to maybe a bid of 50,000 shares.
Declining price is horrible for investors but it is great for the company debt dumpers. They make money selling literally nothing but endless inventory of shares. A few $350 pr news releases and they will raise another $10,000,000.
Some say, WHY would the CEO hurt his own wealth or holdings, The CEO does not own any shares, he just makes the debt payments and those who paid the debt take the abundance of shares to sell cheaper then the bid will ever be.
Everyone makes money but investors.
A likely 50% decline the day after the reverse. Shares will likely appear and conversion will continue. Almost all on this thread lost money and BRGO is a long time BS stock.
I wish I could post some positives over all these OTC intent schemes that say they MAY achieve a goal and never do. If you look at the company debt and revenue from sales (not anticipated sales but actual sales) then look at the debt and share structure you can see those puzzle pieces equals a GO NO PLACE plan other then to just sell shares.
The debt is not company debt but acquired debt so 3rd parties can pay down debt in exchange for billions of free trading shares. Even if the company caused the debt itself would mean the company is a failure so the end result is debt equates to dilution and dumping billions of shares to the float. Acquired debt or self inflicted debt, what you never see in these OTC's is PROFITS! Profits means debt investors cant the abundance of free shares to dilute. If you see debt, no profits and huge issued. Strike 3!
WOW , I have to learn your comprehensive analysis .
I agree with you , the float is huge.. and continue to grow..
Definitely, the CEO does not seem to be investors oriented, to say the least...
The current cap is about $ 600 k and will continue to drop following your analysis ..
This is RIDICULOUS, and SAD
eyal2, Sorry to say that there are to many shares in the float to make anyone any money. You have to realize the float data says 2019 showing only 540,000 but there is more like 6 billion or more and another 9 billion authorized on stand by ready to be sold to market makers for less then you or any others can sell them for on the bid except at a loss. The plan is to make SURE no investors make any money on the stock.
If everyone (tried) to sell on the bid at even $.01 why would the market makers give you or anyone else a penny ($60,000,000) when they can buy the 6 billion from the debt dumpers for $.001?
If BRGO even want to a penny (and it wont), 6 billion x $.01 comes to $60,000,000! The market makers would have to buy back the shares from everyone for everyone to make that penny per share with many still at a loss. And remember in order for them to buy yours and others for $.01, they need to have the same amount on the asked for even $.015 that comes to $90,000,000.
Do you REALLY! Think BRGO will have $150,000,000 exchange hands at even that low price? If the shares did rally to $.015 (but we know it wont happen) but let say they did and there were enough buyers to take out the 6 billion asked for $90,000,000, the market makers would just get more shares from the debt sellers at a fraction of the bid you think you can sell at.
In case the above did not sink in. Here it is in a nutshell. YOU WILL NEVER MAKE ANY MONEY ON THIS STOCK!
And for those who KEEP saying BRGO CEO stole their money? WRONG, you gave it to him willingly on a gamble that stated you will likely lose it all. No one stole anything.
What is funny is when the stock tanks, the CEO is a crook and if the stock rises he’s a HERO. People invest knowing they are all schemes but they figure they will each get in and out but eventually find that strategy fails with no one making any money that bought at the retail lever.
People do not care and KNOWINGLY invest in those OTC’s knowing it’s a scam, or just intent ideas as long as the price goes up. Its when the price goes down is when investors call out the fraud or the CEO is a crook they knew all along.
So in a way you cant blame the CEO or debt dumpers. They want to make money legally same as investors but for them to make money, you all have to lose money.
The debt dumpers cant make $10,000,000 selling 10,000,000 shares for $1 on a huge price increase because then everyone would sell killing the price so they just sell 1,000,0000,000 shares for $.01 to make the same $10,000,000 and on the OTC its easier to sell shares for $.01 then $1.00.
It would be like telling people the LOTTO tickets to win $10,000,000 cost $1000 per ticket and you only have one ticket and one chance for $1000, no one would buy lotto because they would say its not enough chances for such a large investment.
That is why $.01 or $.001 shares sell easier then $1.00 shares. If lotto tickets were $.01 per ticket people would then buy the same $1000 for that lotto drawing saying they now have 100,000 chances to win but likely will still lose.
The main issues is also the LOTTO is backed up by cash not empty promises. You can buy a house or car with lotto cash if you win; you cannot buy a house and car on the OTC intent dream with hope. So they are similar but different in that LOTTO is real cash if you win. OTC gains are real if they rise up that they never do because OTC is not a lotto.
There is no drawing for a guaranteed winner. The OTC is set up to lose from the beginning, it is planned to fail and also to make sure the price never rises so the only winners are the debt investors and the CEO.
Think if it like this, OTC stocks are like a slot machine that if you hit 777 you will hit the jackpot but because the OTC’s set up the pump and scheme its as if the casino removed one of the 7’s from one of the wheels and they said in the fine print a 7 MAY be missing from one wheel and you say OK and still put money in the machine.
I may not be as negative over BRGO as most are but what I post is 100% accurate and knowing that I never buy into the schemes but so many do, they thrive and as they thrive and RS or start out initially before the dilution is when you short the stock. It’s the only way. You may not make $1,000,000 on a $100 investment (its impossible to do that shorting) but if you short $50,000 and buy it back for $2500 and pocket $47,500 still seems like not a huge win. Do that 20 times a month and there is your new house and car on a pump and dump stock.
I must say it's been interesting to watch the change in emotions in the otc!! Lambos and laughter turned into threats!! You have to learn how to manage through good and bad times!! I'm done with my public service announcement!! Lol!!
Agreed that the current situation looks bad and the ceo's reliability and investors' trust is close to zero
BUT we may have a chance ..small chance ..if the next quoter results will be positive as Mr. Bergio suggests we may see recovery...together will hige gold price can even be more interesting.
I have spoken with him on the phone and called him a scammet CEO but he doesn't care about the shareholders. I do wish he damn get a cancer or get struck by a car. I have no sympathy for crooked CEO whose intention is to defraud shareholders. He's a piece of garbage, a crooked who only want to steal money from shareholders.
Stockstoby, YIKES that's a lot of hate and pain wished upon the CEO. Over the years I have seen so many very harsh words posted and they usually come from the following and why.
1. They only invested $200 at a low price and the stock went even lower.
Those investors are not mad they lost $200 they are pissed that they thought the 1,000,000 shares they bought would go to $2 so they blame the CEO for them losing $2,000,000 not $200.
2. They bought $1000 at $.10 (10,000 shares) and bought more to cost average.
Soon realizing they just gave the company MORE money and are pissed they got duped.
3. People who took the intent bate told friends or family that it’s a sure thing.
Now they are faced with friends and family pissed at them and they blame the CEO for the situation close to home.
4. Anyone who dumped more then $1000 into this stock regardless of cost averaging, I have an old bridge in Brooklyn that I would like to sell to them cheap.
Berge Abajian is a serial conman
He's been lying the whole time. He made so made reassuraces but they are all lies. I understand the disclaimer but this criminal has planned to lie so that he can steal investors money. He would pimp his own daughter for money with a complete stranger. Thats how vile he is. I hope he get struck by a car and this motherfucker who is piece of garbage will suffer.
Stockstobuy If you say he has been lying for DECADES pumping the stock and people still buy then who is to blame?
Also he never LIED! He said intent, maybe, if and could but never a sure thing. That is how the pump disclaimers allow intent to be pumped but it clearly says it may not happen and you may lose all your money.
So many of these pumps say they will file to go to NASDAQ and investors read is as they ARE going to NASDAQ and tell others they are going there when the application may be real and applied, it is denied. What you don’t hear is the denial just that they filed but everyone reads it as they WILL be on NASDAQ.
Anyone selling shares on a pump for decades and 3 RS and people keep buying the stock Just means if THEY don’t take your money, some other pump scheme will so the battle for which pump just sounds better gets the most money like Crypto or MJ or Lithium all are HOT topics.
Would you ever invest into an OTC that does shoe repairs that is actually doing what they say? No you would not so you invest in the INTENT huge market or hot topic. And no one here finds these tickers on their own, they are sent an email, told about it on some chat room and IF the stock is so HOT and will surly RISE why aren’t those who tell others about it buy it all and keep the huge gains and keep their mouths SHUT! That is when you know your going to lose it all.
Why do people invest in these thinking a PR NEWS that says it MAY happen means it will happen? If he lied he would be in trouble but saying he INTENDS to do things is not a lie. He intended but failed.
Failing a business is not a crime.
You giving your money to someone who said you will likely lose it all is not a crime
Anyone buying after the first RS then the 2nd and then DAM a 3rd!!!! Needs to rethink their investment strategy.
You wrote
But Berge Abajian has been lying to shareholders for over decade in order to pump the stock so that he can dump. History of himself and his 3 reversed split doesnt lie. This piece of human garbage should be locked in jail or feed him to the hungry lions at the zoo. He could be hit by a truck, and i could say good riddance because we have one less criminal walking on the street scamming people. I even hope he get cancer and perish then i could honestly say, go burn in hell now
But Berge Abajian has been lying to shareholders for over decade in order to pump the stock so that he can dump. History of himself and his 3 reversed split doesnt lie. This piece of human garbage should be locked in jail or feed him to the hungry lions at the zoo. He could be hit by a truck, and i could say good riddance because we have one less criminal walking on the street scamming people. I even hope he get cancer and perish then i could honestly say, go burn in hell now where u belong.
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SEC Filings
DEF14C announcing 10,000 for 1 Reverse Split.
Delinquent on 2018 10K
Delinquent on 2019 10Q 1st quarter
COMPANY REPORTS RECORD 3RD QUARTER
COMPANY IS DRAMATICALLY REDUCING CONVERTIBLE DEBT!!
https://www.otcmarkets.com/stock/BRGO/news/story?e&id=1721597
Share Structure - At At January 5, 2021:
Authorized Shares: 1,000,000,000 [90% reduction]
Outstanding Shares: 90,827,238
Float: 78,000,000 [confirmed by CEO on November 20]
Note: It is only the Unrestricted Outstanding Shares (or Float when known) count that is relevant to current trading. At a Float of only 78M, this is extremely low for a stock in the .0070 > .1 price range.
Bergio International, Inc. (Ticker Symbol: BRGO) designs and manufactures upscale jewelry. Their products consist of styles and designs made from precious metals such as gold, platinum, diamond, karat gold and other precious stones. The company’s products are divided into three fashion lines: 18K gold, bridal and couture and/or one of kind pieces. Bergio currently sells its jewelry to approximately 50 retailers across the United States and owns a manufacturing facility in New Jersey. The Company is increasing its footprint as a diversified global jewelry designer and manufacturer through acquisitions and consolidation in highly fragmented jewelry industry estimated to generate $160 billion per year. After realizing $2 Million in sales in 2013 the company has began to implement its strategy of growth by acquisition which will in turn help increase these already substantial numbers.
Bergio International, Inc. (Stock Symbol: BRGO) is a Sparkling Gem of the Fine Jewelry Market with Highly Prized Designs; New Acquisition in Play for Global E-Commerce Fulfillment Platform GearBubble
Established Jewelry Design & Sales Company for Famous Bergio Brand.
Worldwide Gross Sales for Mother's Day Period Surpass $1.48 Million.
Plans to Acquire GearBubble, a Global E-Commerce Fulfillment Platform.
Recently Acquired Aphrodite's, a Global Jewelry e-Tailer That has Done $31 Million in Sales in 3.5 Years.
Bergio International, Inc. (BRGO) is a global leader in jewelry design and manufacturing. The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected.
Established in 1995, the BRGO signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, BRGO founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The BRGO Berigo brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000.
BRGO Releases Mother's Day Sales for Aphrodite's
On May 19th BRGO released preliminary Mother's Day sales results for Aphrodite's, a global e-tailer recently acquired for $5 million. For the 2021 Mother's Day sales period from April 1, 2021, through May 9, 2021, the gross sales were over $1.488 million. With over 31,000 online orders, Aphrodite's had a gross margin north of 80% and gross profit of just under $245,000.
As the world continues to recover from the pandemic, BRGO continues to see increased online purchasing trends gaining permanent traction. BRGO also saw an increase in margins due to vertical integration after its acquisition. The Mother's Day sales period was a very positive start to second quarter of 2021 for BRGO.
For more information on Aphrodite's visit: https://www.aphrodites.com.
BRGO to Acquire GearBubble, a Global E-Commerce Fulfillment Platform
On May 12th BRGO announced its intent to acquire 51% of the assets of GearBubble, a premier e-commerce fulfillment platform with over $27 million in revenue from 2020.
For the past four and a half years, GearBubble has processed over $130 million in sales, with over 5 million units sold, and currently has a positive bottom line. Their offering includes shirts, mugs, additional on-demand items, and most recently, jewelry, a product category they look forward to expanding. GearBubble is best known for its seamless eBay, Etsy, and Amazon integrations, which allow their millions of customers to effortlessly launch, scale, and find success in the e-commerce industry.
Donald Wilson, CEO of GearBubble, shared, "We are excited about this acquisition and the possibility to bring high-quality jewelry at a scale to the on-demand eCommerce market. With the vertical integration of Bergio's production capabilities, we will be able to better service our millions of customers and scale much faster than we would have ever been able to do on our own."
Under the terms of the deal, BRGO will form an acquisition subsidiary which will own 51% of Gear Bubble's assets, for which BRGO will pay $2 million at closing in cash and an additional $1.162 million in 15 subsequent monthly cash payments. A binding letter of intent was signed on May 6, 2021, and an Acquisition Agreement is set to be fully executed after a full financial audit of Gear Bubble's assets by July 1, 2021.
The acquisition of GearBubble's assets will strengthen BRGO efforts for expansion into e-commerce and further increase the product categories they offer. The addition will allow BRGO to tap into GearBubble's millions of B2B e-commerce customers and world-class marketing while allowing the e-commerce fulfillment platform to integrate advanced jewelry production, allowing them to disrupt the massive gifting market.
BRGO has always aimed to create designs ahead of the trends with an unwavering commitment to crafting original pieces, incorporating extraordinary diamonds and precious stones. Their perfectly curated collections have gained global recognition and established the brand as a highly sought-after purveyor of rare and exquisite treasures from around the globe.
BRGO has been experiencing exponential growth in 2021. They most recently acquired Aphrodite's, a global jewelry e-tailer that has done $31 million in sales in 3.5 years and $10 million of those during the pandemic. Since acquiring Aphrodite's, BRGO has already increased their production over 100,000 units. They intend to continue their increase in production. BRGO can accomplish this due to its diligent investment in manufacturing technology and expertly skilled human capital.
For more information on GearBubble, visit: https://www.gearbubble.com.
For more information on Bergio International, Inc. (BRGO) visit: www.bergio.com.
As of November 17, 2021 • 8:31 AM ET
DATE/TIME | SOURCE | NEWS RELEASE |
---|---|---|
03/01/2021 07:30 AM EST | GlobeNewswire | Emerging Growth Conference 2 Announced for March 3, 2021 Niche Companies in Technology, AR, eCommerce, Beverage and more in Attendance |
03/01/2021 07:00 AM EST | ACCESSWIRE | Bergio International to Present at the Emerging Growth Conference on March 3, 2021 |
02/18/2021 07:30 AM EST | ACCESSWIRE | Bergio International Announces Acquisition Of Global Online Jewelry Retailer, Aphrodite's |
12/08/2020 10:00 AM EST | ACCESSWIRE | Bergio International Cancels 17 Million Shares, Reducing Outstanding Shares by Almost 20% |
12/01/2020 10:30 AM EST | ACCESSWIRE | Bergio International Announces Multi-phase Stock Buyback |
11/05/2020 08:00 AM EST | ACCESSWIRE | Bergio International, Inc. Announces 90% Authorized Share Reduction |
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