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gonna try to find out how much debt is debt to be converted
Which mm idiot sold .0007? Stock want .0009 run and he blocks it
Moving up nicely this morning.
93K mkt cap, 186M DTC float, diluted 6M shares past two weeks literally nothing, this is gonna bounce big soon
very few shares being added
Retail needs to load up the BID @ .0004
Berge has 25 Billion shares to dump and appreciates your support
Yup look for a big share dump pretty quickly here now.
As long as Retail keeps filling up the BID....Berge will gladly keep filling
He has 25 Billion shares he needs to dump to pay for his lifestyle
Bergio the Jewelry store might be making money....but BRGO the stock only sells shares
Buyer Beware
$BRGO 6.8M added which is nothing, when this gets found it will rocket, shouldnt be in trips. 125K mkt cap and this deal to close soon https://t.co/K7EdydVSIw pic.twitter.com/JxFfOyxMJd
— i_like_bb_stock (@thommic) October 11, 2023
Majik a good synopsis. I think 500 million destroys price and no need to reach 25 billion.
Many are on to this pump and & dump and that is why a major plunge quickly from last reverse. If 500 million shares enter the price will go to $0.0001. Some are still in denial and keep buying and keep losing thinking a bottom. Billions of shares are available to dump. Just think if one bought at $0.002 and now $0.0005? Huge loss and a sucker born every minute. The posts that say I am buying and this stock will skyrocket is either a false poster or an idiot .
MM's need to get the share price Higher
Berge has 25 Billion shares to dump
Hopefully for those buying this scam they fill your SELL orders before the rug is pulled
Should see Berge's pump crew move in soon
GL
Got some , thinning here could get some steam if folks get behind it a mkt cap under 100k is just stupid
Yea, I'm starting to notice now..
First there was 55 Mil Unrestricted then it more than doubled to 113Mil and now its at 171Mil... No Bueno!! Thanks for the Heads up Fellas.. and Ladies if any. Welp
Off I go.. Its a shame, the set up and SS is Great but not if They're Dumping!!! SHEESH!!! G/L to ALL.
If charts worked everyone would all be a millionaire.
Chart setup means nothing with a constantly diluting stock.
Debt conversion allows brokers to short sell at the higher price, then they get the debt diluted shares cheap to cover the shorts. The float rises and the price falls.
-A company starts with 100,000,000 shares
-The company adds debt on the books (affiliate or some other association)
-Debt diluters give the CEO $100,000 (Paying off the fake debt) for 100,000,000 shares restricted
-Debt diluters show they paid debt and the benefit is the 100,000,000 become free trading.
-Debt diluters do that 20 times and end up with 2,000,000,000 free trading shares
-The CEO makes less and less for each 100,000,000 so the CEO may make only $1,000,000 at best.
-Debt diluters PUMP the crap out of the stock at $.15 per share (NASDAQ, $100,000,000 in sales) etc.
-Investors believe with only 100,000,000 in the float, once they are sold the price will rise.
-PROBLEM
-Brokers are NOT selling just 100,000,000, they are selling short 1,000,000,000 at the same $.15 but no one sees the increased float YET.
-Once the shorted shares are sold at $.15 and the brokers took in $150,000,000 CASH! they pay the debt investors $20,000,000.00
-The debt investors issue to the brokers the 1,000,000,000 shares to cover the shorts.
-Since the debt investors shares are NO LONGER owned by the company, ALL investors are doing is giving money to the brokers and private person NOT the company.
-The brokers cover the shorts, and the float increases to 1,000,000,000 or more.
-Brokers make $130,000,000 (Plus all the commissions)
-Debt investors make $19,000,000
-CEO makes $1,000,000
-CAN YOU GUESS WHO LOSES? ALL OF YOU!
:)
Wait until float goes to 500,000 million and then .00001 once again. BRGIO apparently could not unload 500 million @ the low offering of $0.002 !!!
Chart setup is good but what I'm not liking is how the Unrestricted S/S went from 55,817,139 08/23/2023 to Unrestricted 113,899,568 09/21/2023
A lot of volume now, thus a lot of share are in the market. BRGO must have sold some shares and for how much? Once we break $0.0005 on a lot of selling, we will reach $0.0001 soon. How long before another reverse split? I am surprised many will buy thinking this will double up, when a huge amount of shares likely entering the market to be sold. Same suckers as bought into the koolaide last 4 reverse splits.
Theres only about 15 Million on the BID at .0006
Retail is going to have to step up and put more on the bid
Berge has BILLIONS to dump on ya ......lol
.0009??? This is still a total and complete scam but there may be some flipping opps here?
Not once
1/ 10/14/2014 - Reverse split - 1:1000
2/ 09/27/2019 - Reverse split - 1:10000
3/ 07/30/2020 - S1 - 500,000,000 shares at $0.01 per share
4/ 03/31/2021 - S-1/A OFFERING - 500,000,000 shares at $0.01 per share
5/ 04/09/2021 - S-1/A OFFERING - 500,000,000 shares at $0.007 per share
6/ 05/04/2021 - A/S - 3B
7/ 09/26/2022 - S-1 OFFERING - 5,000,000,000 (5B) shares at $0.0002 per share
8/ 02/10/2023 - A/S - 15B
9/ 04/17/2023 - Reverse split - 1:500
10/ 05/05/2023 - S-1 OFFERING - 285,714,286 Shares at $0.007 per share
11/ 06/06/2023 - S-1/A OFFERING - 500,000,000 Shares at $0.002 per share
12/ 08/23/2023 - A/S - 25B
$0.0005 seems to be a base for buyers. How will Berge raise money at this level? What happened to the 500 million offering at $0.002? Those investors already lost.
Berge is going to have to release another shiny new tweet soon to draw in more Retail Money....lol
Yes the shares coming from shares sold by Brgo but not at 0.002. Could be company sold shares that can be dumped below 0.0005
Yes the shares coming from shares sold by Brgo but not at 0.002. Could be company sold shares that can be dumped below 0.0005
The shares sold do not come form the BID sellers, they are being dumped from the debt investors who bought the shares CHEAP from the company.
wow a lot of shares traded today. where are they coming from? Did Brgo sell at $0.002 offering? When we see 100 mill traded at below 0.0005 that will be telling
I see the scam is still going on.
Mean_dude, 59 shareholders do not mean that is all the holders BRGO has. TD Ameritrade for instance is considered ONE holder or record. They hold all the shares held by 1,000's of TD accounts that own BRGO in one account that can be 1 or 10,000 individuals who bought BRGO shares but is considered ONE of the 59. Same with Ally or Scotrade or Etrade etc, they all are ONE holder with 1,000 individuals who own shares.
They use the street holder of record so they can lend the shares to short sellers for a fee. Most do not realize when you open an account you can choose NOT to have your shares lent out and STOP the short sellers. The brokers know FULL WELL the shares will TANK and they likely are selling them short themselves and not lending them out making them HTB (Hard to borrow)
Brokers know FULL WELL the pump and dump will dilute the shares so they know the price will drop so they sell up to 10-20 times the float and use YOUR shares to make money while you all lose money,
The Company gets the debt payments, the debt investors buy the shares at 1/100th the bid price (Billions of shares) then they tell the brokers to use your shares to short them 20 fold when the price is high and when they have to close the short after they kill the share price, the debt investors issue the over sold. The brokers don’t buy back from the bid (Essentially cutting off any bid sells)
The company makes money, the debt investors make money, and the brokers make money, ALL while retailers lose money.
The different circumstance with this latest reverse. The stock plunged significantly on just a few shares sold . The total is likely less than 8 million or so. If say 20 million shares were dumped likely $0.0001 will hit quickly. With just 59 stockholders how will BRGO generate a 1,000 investors to buy up 500 million shares? Look at 10q and see float and my bet is Berge did not sell any of the private placement of 500 million shares at $0.002. To generate activity you need more than 59 investors and need thousands
The different circumstance with this latest reverse. The stock plunged significantly on just a few shares sold . The total is likely less than 8 million or so. If say 20 million shares were dumped likely $0.0001 will hit quickly. With just 59 stockholders how will BRGO generate a 1,000 investors to buy up 500 million shares? Look at 10q and see float and my bet is Berge did not sell any of the private placement of 500 million shares at $0.002. To generate activity you need more than 59 investors and need thousands
Berge isnt worried
He will pay his fee to FINRA (payoff) and file another Reverse Split
Then he can write up a "Note" for $100k and the Note Holder can dump shares into the new higher price until the debt plus interest is paid
He isnt to blame for this...He is the smart one
He knows every shiny new Tweet draws in Retail Money
Now $0.0005 and soon $0.0001 and Berge did not get to sell a lot to meet expectations. With 59 stock holders left and no new suckers where will BRGO get cash to cover losses. 10q is a shock and it seems no one bought the $0.002 offering.
Berge is going to have to sell this to "No Bid" just to make enough money to cover the filing fees for his next Reverse Split....lol
Per 10Q few stockholders left. Offering at $0.002 but stock trades below $0.001 on small volume. BRGO has a problem with issuing Massive 500 million shares as just a sell of say 10 mill or 20 mill shares likely drives the price down to $0.0001. I think many have figured out this debacle and staying away. Where will BRGO get money to fund losses if no stock can be sold? 500K in CEO compensation is staggering. A pump is the only play left so will there be some BS news to drive sucker buying
Berge Abajian is the biggest conman in US stock market history. He should be deported and locked up in jail back to his shithole ghetto in Armenia. This piece of shit human garbage is a fraud since he landed in US soil. He is running a scam and stealing money from small investors for over a decade with countless of lies, dilution and reversed split. The history of him doesnt lie. Everyone needs to research this company and you would easily know. No one should ever put a dollar on this company run by a serial conman and a criminal CEO
10Q is out and the horror. Trying to sell stock to investors at $0.002 when trading around $0.001. Look at the massive CEO salary and compensation and the losses in the company. Look at sales and negative cash flows. How can they sell above $0.0005 or less? Only 59 stockholders???
OK, please tell me when it's done and how to get it!
Wait till the book is released soon!
Thanks, good summary!!!
That's also the reason why we hardly don't see any sustained rallies any more!!! Most know that the gamble is very likely rigged and you have to take profits from the table as long as you can and that the last ones just get new bagholders!!!
Such a pity that the "old" OTC times are gone!!!
I assume you don't mind me sharing your post?
jrsh, this sums it up. This is the first page of a book soon to be released on the entire subject. The 400 page book will soon be avalable,
THIS page of CRITICAL DATA explains why this guide was written
Millions of investors buy billions of dollars worth of shares in 1,000’s of hot PUMPED penny stock tickers. That is a fact.
Companies say they need the money to expand and put their plan into action and you can easily see $20,000,000+ in shares sold on most of those penny stock tickers. That is also a fact.
But the companies financial data shows most of those tickers have NO MONEY. Another fact.
Most penny stock companies have no operations, lots of debt, mounting Losses, no revenue and none of the investor’s capital. So what is it they do besides just selling shares? NOTHING!
So when is investors MONEY going to get to the company to make the HOT new plan work so it benefits investors? NEVER!
WHY? Because ALL the shares investors buy do NOT come from the company and the money NEVER GOES to the company. That means you are NOT investing in the company. Another fact.
If investor’s money DOES NOT go to the company, where does all the retail investors money go?
You are giving your money to a private individual debt investor who acquires billions of shares from the public company far below the bid price that are resold as USED, non-company owned shares to retail investors through brokers.
Debt investors tell brokers to sell short 10 times the float when the price is at its highest. Once sold the debt shares are issued to cover the oversold shorts, the float increases and the share price declines.
WHY? Because that was the plan all along, sell USED non-company owned shares short to investors at the highest price, dilute the float to cover the oversold shares, drop the share price to $.000001, fold the company, reverse merge into a new ticker and do it all over again.
It is, yes, but at least you know in the casino that you just fight the odds and not a cheating dealer! If he calls black in the roulette you can be sure it is black!
99% of OTC CEOs are pure criminals, lying, cheating, scamming investors just as they wish! Yes some are caught because they underestimate the risk involved but most get away with their crimes! And this is due to a failure of regulations! If the 95% not caught would know that they most probably get caught they would think much more carefully what they are doing!!!
It’s all a gamble and investors know it. Buying these tickers is like taking $20,000 and playing 10,000 hands of $2 blackjack, you may win many hands but you will eventually lose the $20,000 over time, and no agency can tell casinos to stop and gamblers not to play.
Pump and dumps are different, they post you will lose your money in the disclaimers meaning you have a better chance at the casinos. If you spend $1,000 on 20 different tickers ($20,000) you will lose eventually and if you play 10,000 hands of $2 black jack you will also eventually lose. If you bet on the long shot horse and it comes in last do you blame the horse? If you spend $1,000 on lotto tickets and lose do you blame the machine?
Casinos say COME IN YOU COULD WIN $5,000,000 (Could win)
Lotto says you can’t win if you don’t play. (Implying you have a chance)
And tickers say they intend to succeed but likely won’t and investors will likely lose all their money.
Stock tickers are the same as the warning on cigarettes,
WARNING if you smoke you can die
And tickers say
WARNING if you invest you can lose all your money
The only way to win is not to invest. The SEC can't stop people from investing in scams and they cant stop anyone from taking $1,000 and tossing it in the air into a crowd or even shredding it to pieces. The fact is investors have to know what they are doing and the ones complaining are the ones who keep buying into these tickers over and over knowing the outcome.
If you look at the authorized, the debt and the revenue you can see for a fact you will lose all your money. But no one looks at data; they look at the shiny pretty PR news release. And investors believe what they are told. Sorry to say they are just gambling their money away.
I agree, but it's also the regulating authorities which have to be blamed!
The crime is not happening in the dark but visible to everyone and easy to spot!!!
We all are over regulated everywhere but this door is kept open for everyone who is crooked enough to use it!!!
Hate to say it again, Its the investors fault, they have to know its a pump play they moment they first bought shares.
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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 |
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