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welcome to the OTC and no, apologies not necessary ...most people would never imagine such a scenario ... the same people warning peeps here were once berge's biggest supporters ...we used to hang on to his every word...in hindsight, big mistake and i doubt any of us that went through this crooked CEO will ever listen to another one.
I have to apologize to a few persons here, I ended up realizing that Berge was indeed a crook.
Let’s hope they actually enlighten us with facts, and not bs!
What’s the point of even making $30M in revenues, if
he is constantly diluting shareholders with AS increases
and reverse splits?!!
Till he gains shareholders’ trust, and shows that he actually
wants to add shareholder value, this isn’t moving up!
I was hoping to see 0.005, not 0.0005!
Will be very happy to see 0.005 - 0.01, in 6 months.
Let’s see where this goes by EOY 2022 …
Good he gave in and will talk cos he had been bombarded with emails by angry investors from Twitter but i am pretty sure he will say the things they want to hear because he is a pos liar and has been for many many years. He had been scamming investors with his endless dilution and two reverse split and giving nothing in return. He could have a $100mil worth company but it doesnt matter cos the shareholders have left with massive losses and those who stayed been conpletely destroyed. Thanks for posting the Twit cos he blocked so many people for asking tough and repeatitive questions the he had been avoiding.
I have to apologize to a few persons here, I ended up realising that Berge was indeed a crook.
Bergio international
@BergioJewelry
I just instructed my Investor relation to set up an investor call to address all questions stay tuned $BRGO
9:52 PM · Jun 10, 2022·Twitter for iPhone
Better be something good!
I can't see this Twiiter, what did it say?
I just instructed my Investor relation to set up an investor call to address all questions stay tuned $BRGO
— Bergio international (@BergioJewelry) June 10, 2022
I hear what everyone is saying and I understand it, but I will be holding and hoping it’s different this time around. I still believe that if he doesn’t reverse split before the 2q report, a good profitable report can bring us to .005, which works for me.
I wonder how much time left do we have before he RS, or announce an incoming RS.
Credibility is everything!
It’s obvious that even though the company has so
much going for it - forecasted to make $20M this year,
additional streams of revenues with GearBubble,
that shareholders do not trust this CEO!
I’ll hold till December and hope that this ahole does
something to show shareholders that he actually gives
a fu*k about them!!
I guess seeing a penny by EOY 2022 is a dream at this rate!
Bergio is a successful Jewelry Franchise
BRGO is a "stock" Berge uses to fund operations by selling Convertible Notes (for over a decade)
When the share price gets too low and the Note Holders dont have room to dump anymore....he does a Reverse Split
I got out at 9 when it became evident Berge didn't much care what the stock price was. Difficult to believe this is at 4. It is truly incredible to see a company with real sales & hoping to be profitable this quarter could be so mismanaged or uncredited for or both it can't even maintain 2m market value ... when it grossed 11m last year!
I literally don't know what to call it, other than criminal. Or intentional negligence ... forgetting the exact legal term.
A month?! Be serious. 6 months to go back to trips. Maybe 9. Damn good money though.
The real money gets made after Berge's next 10,000:1 Reverse Split
@ .0003 the share price will jump to $3 dollars....and you can short it back to trips in a Month for easy money
100% correct. They could have a $30 Mil in revenue but if the CEOs intention is not on your best interest, the stock is pretty much dead. You could even lose all your investment with his endless dilution and another reverse split to keep enriching himself. This CEO doesn't give a damn about his shareholders. His reputation is so bad everywhere that he is already immuned of people calling him a crook. I was able to speak with him on the phone last week because when i emailed him, he said he is out of the country so i decided to call him with his number (973) 227-3230 as stemcell said here that he is lying..apparently then he picked up the phone. I i asked him straight, shareholders need an update,,,then i get a quiet response thats why i said, you are a scammer and a piece of shit CEO, then he hang up...That's how guilty he is, always evading everyone. This greedy selfish CEO should have already been arrested for fraud wiping out small investors, had the SEC was doing their job. What a shame, we are all stuck with this scam with massive losses.
Yep! A stock buy back would do wonders for shareholders’
confidence here!
Doesn’t matter how many revenues they make if they CEO
could care less about shareholders!
Fins say it all..always 6 figure marketing expenses and 6 figure general and adminstrative expenses $100,000 + interest expense 2022 Q1....non stop shareholders keep supporting this crooked greedy heartless ceo anyone ever see any bergio ads worth 600k in 3 months?
Fins say it all ...he buried another round of investors
Never happen. We begged him to do it for years, explaining how confidence in your own stock would work wonders for shareholder value. His answer was always,”why should I buy common stock when I own 51 preferred shares?” He owned 7m before the first r/s in 2014, which became 7k after and then .7 after the 1/10000 r/s in 2019.
Think or Swim shows it not the app
Yes I noticed the news in on Their trading platform but not on app
I am on 2 TDA sites .ONE shows current news releases, the other nothing. Neither have outstanding shares count right. Stupid fuckers. JMO BRGO $$$ GLTA
Why doesn’t BRGO stock news come out on TDA wire?
Berg needs to announce he’s buying some stock. I see no other way to raise the SP, and it needs to be higher to do r/s- uplist.
I’m guessing we shall see? I’m betting and my bet is massive..this goes exactly not the way you r projecting…but hey my opinion
So massive dilution….is good.
Most of the “high volume” days here come from news followed by a fresh convertible share dump.
So no.
Increase in AS is actually a good thing. This is how deals are made. Watch for high volume days which should indicate something is brewing pre-run.
Nice hits coming in. They are going to have to let er rip sooner of later.
I hope we will graduate from .0006 today. Damn.. i can't believe we've been sitting at this price for a month. Forget .0007 cos weve been sitting for 2 months too
.0006? wowwwwwwwwww
He “filed” to up the a/s…..
Makes no sense at all!
On the OTC it’s crazy what stocks run and which ones
don’t!!
Seems that way - I hope I’m wrong!
This is, IMHO, the most level-headed, realistic view for those still holding. You gotta know there isn't much of anything gonna move the share price with conversions (constantly) on the table. Even a healthy Q2 may not do much. Revenue is good & on paper company is WAY undervalued, but no one trusts management, likely for good reason.
Berge knows what he has to do to gain investor's trust. Doesn't appear he wants to go in that direction. So we wait.
From the 10Q: On April 28, 2022, the Company filed, with the Wyoming Secretary of State, a Certificate of Amendment, to amend its Articles of Incorporation and reflected the increase in the authorized shares of common stock from 6,000,000,000 shares to 9,000,000,000 shares.
Where did u find the 9Bil AS because i only saw 9Bil? For sure this stock is going higher this month. Even IGEX with zero revenue and has 4B OS, 6B AS is trading at .0032 while this stock trading at .0006 with millions of revenue.. Unbelievable how incoherent these retails are.
Hesmybrother are you still holding over 30 million of this stock.
Good news hasn't moved it. No reason to get angry now still over 60 days till 2nd qtr earnings report. It will only go lower until then. We just have to chill.
Looks like Berge is in trouble....
His Pump crew couldnt generate interest and have left the building.....3 posts a day is pretty dead for an iHub board
He's going to need a Massive Shiny tweet to sucker in some new noobs to buy his dilution....He increased the A/S to 9 Billion so his Note Holders would have lots of room to dump
BUYER BEWARE
What a disappointing turd this turned out to be. Ask is stacking at '6..... Dilution should have been done late March according to Berge...where we at again? June?
Not as far as you think with endless conversations at ever lower prices.
He upped it to 9b on the last 10q. He’ll use every share. And p/s when he r/s’d in 2019 he promised to lower it to 500m.
We are a far away from R/S
O/S - 3B
A/S - 9M
He never did R/S before maxed out
That 20M+ rev means nothing if Berge keep diluting and do a RS everyone will lose.
Revenue forecast for 2022 - $20M+!!
Current market cap - less than $2M!!
We are golden here!
Looks like it's just going to take some time to grind through and accumulate more shares for those who want them or who haven't discovered it yet. At least most of the panic sellers appear to be long gone.
I've got a couple of other runners in the pipeline, as well as some expected cash from a buyout, and BRGO will be one of my top choices for accumulating more shares. I absolutely love this setup, even if it takes a while to get going.
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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 |
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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.
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