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.
BRGO's own CEO, thru his recent interview 2 days ago, has projected Bergio to Only make $5 Million thru 1st 6 months of 2022 (Q1 + Q2).
He says that good retail projects tend to make double that in 2nd half of 2022.
So let's say BRGO makes $10 Million (Q3 +Q4), that brings total Gross Sales/Revenues to ONLY $15 Million for 2022.
That's $5 Million less than his projections for 2022 Gross Sales/Revenues.
Keep in mind that last year he stated BRGO would make $20-$30 Million for 2021. BRGO made ONLY $10.998 Million for 2021.
Personally (with a major recession possibly coming soon), retail looks to be taking massive hits in the near future, and that will definitely have a negative impact on BRGO's gross sales/total revenues for 2022 if it happens. Even if recession doesn't occur, BRGO is not on-pace to even make $15 Million for 2022.
BRGO (Abajian stated) will barely make that ($15-$20 Million) this year, plus he admitted in the interview that BRGO has had to spend much more money this year for other expenditures, even more than he had wanted to in order to convert all businesses over to digital plus make other changes.
After making ONLY $10.998 Million in 2021, the company finished with $3.56 Million Net Loss. No joke.
The company went from making ONLY 500-600 thousand in 2020 to $10.998 Million in 2021 and still managed to lose $3.56 Million. The filings from July 2021 show Berge Abajian (listed primarily as sole employee CEO/PEO of BRGO) awarded himself (which he admitted to in interview 2 days ago) 500 Million Shares of common stock (Unrestricted). And he said in the same interview, that he had forgotten all about awarding himself these shares. Mr. Abajian also stated in 13 years of the running the publicly traded company that he "never sold one share". That is extremely unlikely. Especially since previous filings show that all bonus paid to him and his salary (including backpay) are to be in common shares.
The Securities and Exchange Commission need to open a formal investigation into his business conduct. It looks to me as though there is some extreme fraud going on.
Let's not forget that Joseph C. Canouse (Joseph, John, James, Jeffrey) + his 3 brothers have all been found guilty of dilution scams with penny stocks dating back 20 years or so. No joke, these people do all kinds of shady business practices.
Look at this case from years ago showing how the Canouse brothers/family and Stephen M. Hicks conspired to intentionally defraud investors. Ever since this case they have been on many balance sheets together. Not sure how the SEC cannot see this. It is blatantly obvious that they are all working together to defraud investors through elaborate dilution scam.
Abajian, Canouse(s), and Stephen M. Hicks (Steve) need to investigated for fraud IMO
https://caselaw.findlaw.com/ga-court-of-appeals/1531686.html
This is really good ship right here...
Berge says No Reverse Split "7 times" in this short clip "Unless there is a deal"....then spends the rest of the question talking about "deals"....lol
https://twitter.com/REAL_SUPERSHIB/status/1540421081026232320?s=20&t=eydRE_ZlaovzAjJzlCL1Lw
I havent looked really close but Imma bet Berge has brown eyes....he is so full of ship
BRGO (video)
CEO - Berge Abajianhttps://twitter.com/REAL_SUPERSHIB/status/1540421081026232320?s=20&t=eydRE_ZlaovzAjJzlCL1Lw
BRGO CEO Video
Check this out
https://twitter.com/real_supershib/status/1540391418107142144?s=21&t=3tRNyCdB1kGlLYD7jkjKkg
Every time he goes to 0006, I buy a half million more a 0007
Every time he goes to 0006, I buy a half million more a 0007
The Ask is tripling as well. Everyone wants to exit and try to get as much as they can before.his massive dumps and lose more money. Berge Abajian is a serial conman CEO of BRGO who doesnt care about his shareholders. After 2 reversed split causing to wipe out everyone's investment, you would think this criminal would be a changed man now but he didtnot. He is this the same thief as before, lying to shareholders so that he can take their money. In fact he's getting worse as he's using the company's revenue to lure new victims to buy his stock so that he can continue dumping his shares He is a thief in grandeur scale to enrich himself funded by shareholders investments. Once a thief always a thief. He can't live in Armenia because they will execute him there for conning people. Now he's in the US conning the Americans for severals years already. Check his background with BRGO and you will find out
Bids growing nicely. Selling/dilution stopped finally
My sentiments exactly!
Shame that a company producing revenues trades in the trips!
Berge is the problem!
I completely agree with you!
Checkout this post. Realest DD I’ve come across in awhile
https://twitter.com/real_supershib/status/1540153295792214018?s=21&t=QoqX-Dp4RqXZUXBOma6Wtw
Future is height with this info. Educate.
You are completely on point here! And yes this will run in the near future for people to get some type of profit
The prime objective of a CEO in the OTC is to make money for the Company....not Shareholders
Sometimes (very rarely) a shiny tweet can send a Share Price skyrocketing....but the Share Price 99.8% of the time comes right back down to trips as the Shiny tweet was for lack of a better term....Bullshirt
If Berge tweeted out Bill Gates is looking into a platform to distribute NFT Jewelry...without even saying definitively that he was looking at Bergio for his platform....that tweet alone would move the share price
The OTC is nothing but corruption to fleece Retail Shareholders....but you can still make money if you play these tickers smart....and get out (and stay out) at the right time
I stand by my statement....the CEO "should" do anything within his/her power to raise funds to grow their Company....and "every" CEO in the sewer does it
I do not think BRGO will get to 15 million for 2022. Start telling yourself that now. That 20 mil was mentioned in 2021. Budgets are tighter this year. GEARBUBBLE is our only positive if they were honest with bubbles earnings when berg purchased 50 percent last year. GLTA
Berge is doing EXACTLY what an OTC CEO can will and should do
He sells Notes to fund his expenses....Corporate AND Personal expenses
He will never strop doing it....He pumps out a few shiny tweets and a fresh new crop of Bagholders jump in ..... pump the share price up a bit....and the Note Holders dump the share price back down....for at least the last 12 years
He files all of his Quarterly Financials in a timely manner which not only satisfies FINRA's regulations....but also puts money into their pockets <---- a MODEL CEO
You'll get a chance to get out .......in time....something Shiny on Twitter is due....but get out FAST and RUN.....lol
He cares about SP ... just not enough to do anything other than throw words at it.
Without a higher share price, he can't leverage those shares to do much of anything with them. I mean, a billion shares is worth what, $600k? Let's say he wants to use the stock to purchase a $3m company. That means he is paying 5 billion shares of incredibly undervalued (or at least underrepresentive of sales) stock. That incredibly inefficient.
Nope, he needs a good manager to come in & fix things. If Berge is so in denial that he doesn't understand why no one wants his stock, he is in no position to run this company.
If only he would become desperate enough, for whatever reason, to sell his controlling interest. Then retail could boot him.
Perhaps we could sue him for mismanagement. Hard to prove when sales are up & expensive, but I'm out of ideas. Christ, we have all told him the problem & how to solve it, but either he doesn't want to hear the solutions or doesn't want to share the increased "profits" from the company.
And until he changes something, retail will keep punishing him.
The beatings WILL continue until moral improves!
He won’t do that either. He had opportunity to partner with Stuller a few years ago but Berge is nothing if not arrogant and narcissistic. He will make sure he has authority to make all decisions here.
He will not do a buyback. Someone struggling for this long is not going to throw those hard earned profits back to shareholders.
No, only solution here is Berge steps down and turns management of the company over to someone else.
Berge is looking for the reason the stock underperformed. He need look no further than himself.
Any CEO who doesn't care about the share price doesn't care about his shareholders. If thats the case; he needs to take the company private so that he doesn't get hunted by the shareholders. What's the point of being a publicly traded company if you don't have a good relationship with your shareholders? He can go to hell and F@##$% himself and no one cares if he's going private but as long he's a publicly traded company he has a fiduciary and ethical responsibilty to the shareholders. However, if he's a conman or a criminal like he already is, he doesnt care because he think no rules would apply to him.
It makes no sense to me that the company is forecasting
$20M in revs for this year and we trade in the trips!
I honestly think it has a lot to do with his credibility!
Unfortunately for us, we do care about the share price,
even if Berge doesn’t!
Why would he expect new investors to pay any attention to
his stock, if it never provides an ROI for his shareholders??!!
Announce a buyback ahole! It’s not that hard!
I guess we will see what he does. His company makes money but I don’t think he cares about the SP??
He'll use the reverse split for sure using the uplist excuse... once we get to 1$ this shit will tank fast and will lose eligibility.... Berge will then dilute once more
He doesn’t have to look into the share price, all he has to do is
to announce a share buy back, and the share price would
take care of itself!
I’m not sure? I’m a set and forget person in the OTC. Berge did say he is trying look into share price. He says the only way he reverse splits is if he uplists
You reckon we could even see 0.005 by Christmas??
Revenues maybe increasing, but this stock seems DOA!
Did anyone bring to his attention that the AS ballooning, and
the RS’s in the past may have something to do with the stock
performing so badly - mainly because of Berge having lost all
credibility with his shareholders!!!
If he did give an f about his shareholders, perhaps he should
retire a couple of billion shares to show good faith??
What’s he going to do to create any shareholder value and
repair the share price??
Announcing a share buyback would do wonders for the
stock, and shareholder sentiment here!!
Yeah. It is the same lies from a conman who know nothing but scam people for a decade. He's been saying stock manipulation for many years so that people will continue buying the stock. The stock tanked because of continue dilution and the noteholders were allowed to convert at .0005 according to filings. Berge Abajian is a serial conman and will lie anything to steal more money from the innocent shareholders who think buying this cheap is an opportunity when the real reason is that the stock had crashed and is trading this low because of dilution. He think BRGO shareholders are stupid and will believe any lies he said.
It is over… lasted about 1 hour 15 min. He was very positive about the company and doesn’t understand why the price is so low with a company that produces? He also doesn’t understand why the market cap is showing such a low number as well
Thats it? Is it over?
Well I listened to the live presentation and basically Berg is saying the share price being low is from manipulation and shorting? He does have revenues and it appears the company is truly moving in the right direction?
Well recession or not the stinkies are in the world of their own... Tick toc!
Yes! Hopefully a nice run in the future. Ya never know in stinky pinky land..lol
Looks like something is stirring...bear market getting sour!?!
Willing to hold till EOY 2022 to see a penny here ….
I have no doubt this puppy will give us a run! Just my opinion but I have good feelings on this one.
I understand your disappointment, and frustration ….
I hope we hear something sincere, and honest, this time
around.
Tommorrow's Q&A is nothing but another lies. He had done it a million times over the years. I hope someone here can ask tough questions and grill him to the bone and see if he folds but i doubt because he is a high profile conman and he is good at it. I had asked him before but i only got lied answers just like what always do. This is no longer about how much money the company makes because this is about "TRUST" issue with the CEO. This guy is a total liar, a crooked to the highest level and everyone now knows it. Just visit any social media accounts and message boards because almost everyone there except the newbies have lambasted him. He is nothing but a crooked CEO who defrauded his shareholders for many years. I thought he would redeem himself because he failed the first and the second time around. Now he's doing it again for the 3rd time of screwing his shareholders. I should have listened when my friends have told me not to invest in this scam because once a scammer will always be a scammer. He is using his position as the CEO of the company to steal everyone's investment and giving back nothing in return except to enrich himself. You can have a $100Mil dollar revenue but what does it do if your shareholders have been wiped out. Now it is time for the SEC to do their job, ban and arrest this CEO for fraud.
In this case my garbage is also your garbage.
Well your Garbage
Becomes my Treasure!
Let’s go $BRGO
FUPM!!!!
berge for prison 2022
I hope someone can ask him about this endless dilution and possible reverse split and grill him for that on Wednesday next week. This garbage can't go higher because Berge Abajian, the serial conman CEO can't stop dumping. I don't think this disgusting human garbage understand the damaged he had done to the shareholdees. Almost everyone i know in Twitter who bought this stock is calling him out as a scammer. Everyone is angry and frustated for the massive losses they incurred because of his lies. He is hiding from people because he is scared. He's not even answering any phone call , nor read his emails because he is guilty. Almost everyone who bought his lies lost a lot of money and sold for a loss. It would be a miracle to recoup your losses from this scam. He continue to grow his business with people's money , paying himself whilehe continue diluting the stock at the same time. This will only lead to another reverse split.
Might pick up more 1st week of august. It will probably be at its lowest right before earnings report unless they release blockbuster positive news. With 2 more business earnings that have to be included it will probably be filed very near last week of dead line date. This could easily hit 0002 by then. GLTA
Followers
|
523
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
123000
|
Created
|
11/10/09
|
Type
|
Free
|
Moderators |
Transfer Agent (GAGGED)
1859 Whitney Mesa Dr.
Henderson, NV 89014
702-818-5898
www.empirestock.com
info@empirestock.com
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 |
DISCLAIMER:
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions.
There is no express or implied solicitation to buy or sell securities.
The author(s) may have positions in the stocks or financial relationships with the company or companies discussed and may trade in the stocks mentioned.
Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only.
No stock exchange has approved or disapproved of the information here.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |