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To be fair, it was Berge who said toxic borrowing would be unnecessary. Some people (myself included, for a minute), just believed him or, as in my case, believed the numbers bore this statement out & that Berge was an honest actor.
The numbers didn't lie. With some boot-strapping no borrowing against shares is necessary. Berge, however, did lie.
Maybe Berge should just shut up & make his shitty jewelry & leave managing the company to someone who gives two sh*ts (maybe even three) about investors.
just another typical otc pink thief that exploits THE SYSTEM where white collar crime pays the ceo and toxic friends WELL
Agreed. An outside CEO needs to come in, Berge needs to take his place on the board (chairman ... whatever), & CEO needs his own power base free from Berge's control.
Berge won't listen to reason, nor do I think he cares about the shareholders whose money he uses as if it was his own. That he expects to acquire companies & all else with shares, flooding the mkt & driving down the SP, pull an R/S when he runs out of shares to sell, & then get pissed when no one buys shares when he tries to do the same again. Worse yet, he take credit for the revenue increases lately (still not profitable) even though it was investors who bought those companies.
Oh well, at least we saw the end of dilution in late March/early April, as he promised. /s
Sorry, that was kind of ranty. Guy just insults my sense of decantcy whenever I think of him. No one should even consider having pity for this cat - he knows what he's doing & he is pitiless to his shareholders plight.
Such as it is, such as it has ever been. News is ALWAYS posted in conjunction with someone dumping convertibles. Sometimes current shareholders benefit with a pop but it never runs as hard as it should with all the shares being dumped along with the buys.
Why is Berge like every other OTC scam artist CEO??!!
They announce an increase in revenues, and a decrease in
liabilities … all wasted, with the additional shares added to
the float!!
The dilution never ends!
No shareholder confidence till they reduce the float, and stop
diluting!!
Soon we’ll see 4B, 5B, 6B, 7B, 8B, and then 9B shares in the
float, then an RS, to wipe out this group of shareholders too!
Bravo Berge!!
What’s the point of the acquisitions, and posting increased
revenues, if you are constantly screwing over shareholders
with the dilution scam machine??!!!
It’ll take a miracle to get out of the trips again!!
If the balance sheet, and revenues are so great, Berge
should have no problem getting all his friends and family
start to buy up all these billions of shares at 0.0004!!
Announcing a share buyback will do wonders for
shareholder sentiment, and the share price, more than any
revenue increases will. Maybe Berge can even regain a
shred of credibility again!
Still living in hope that we see 0.005 - 0.01 by EOY 2022.
If Berge is VERY lucky he will do $8m in sales for 2022
Lets say his profit margin after expenses is 20%
The Market Cap currently is about right for a Company producing $1.2M/year in profits
But theres no way Berge can maintain his Lifestyle on $1.2M/Year
Will be interesting to see if (how many) Convertible Notes he put thru in the Second Quarter
You talking about the 20 Million on the SELL side or the 1.2 Million on the BUY side....lol
Its still gonna be awhile till Berge does a Reverse Split (My Opinion)
He still has 5.7 Billion shares available to dump before he maxes out the Authorized
Its quite possible @ .0004 he may still be able to dump another 2 Billion....lots of Sheep on the Bid loaded up on Hopium
Wow, this has spurred a huge volume today.
News - August 1. Bergio International Reports Second Quarter Results With Increase In Revenue & Improved Balance Sheet.
https://www.otcmarkets.com/stock/BRGO/news/story?e&id=2279680
Yikes one r/s every 5 years lol think you should scoop those 0001 and 2s that are coming...dont forget to dump before the ceo does
Sales does not equal profits. Overhead and debt are likely to eat into any sales revenue and I think the margins are not what we think. More borrowing to continue the farce and soon another reverse and wipe out of investors.
Kinda reminds me of the Tinder Swindler!
He just keeps moving on from one set of shareholders to the next to keep stealing
from them!
Why is he looking for loans, when he claims that debts are being down … and
the company is making millions of dollars in revenues??
white collar crime that pays very well building berge and family a lifetime of $$$$$$$$$$
Funny that he’s still looking for lenders when his fans(who are currently MIA)have been bleating that all the revenue the company is generating have made the borrowing unnecessary.
Yep, it’s a pattern, max out AS, and keep diluting the OS with hundreds of millions
of worthless shares, then do an RS to wipe out current shareholders … rinse and
repeat!!
Another REVERSE split would not surprise me. Has it been two reverse splits now? When we hit 0.0001 when I predicted this a year ago many will still be in denial.
Looks like Berge is still looking for lenders on twitter
Berge is a scam artist, he always will be!
Pathological liars have no problem lying through their
teeth about anything and everything!
The only way to save this company and its stock is to appoint
a new CEO.
it's been 2 years since I told you this is a scam, they insulted me, called me a liar ... look where you are now
Wait until they do a forensic investigation into the numbers. They SEC will take everything, fine the crap out of them all and everyone will go to jail including his family
OTC shows 9 billion shares now. That should get us through 1st QTR earnings 2023.
Outstanding Shares: 3,232,805,212 as of 07/25/2022, up "only" 165M from last update about 3 weeks ago.
This conman CEO Berge Abajian has proven time and time again that he is a serial liar because he always have to justify himself because he was doing the opposite contrary to what he said. He's been lying for over a decade fleecing his shareholders non-stop to enrich himself. For those who stuck and believed him, they have been completely fooled and wiped out of their investments. History doesnt lie and his continuous lies and non-stop dilution will just end up another reverse split for the third time around. He is no different than a criminal in prison. The only difference is that he is still on the loose scamming people.
berge the criminal---yes he can...sec loves these white collar crooks
I completely agree with you!
The worst of the OTC CEO scumbag conmen!
Fleecing investors to keep lining his pockets!!
With any luck he falls into a manhole!
BRGO = More dilution plus official increase to Authorized Shares of 3 Billion shares added!!! On OTC MARKETS.
Transfer Agent Verified but Profile NOT Verified on OTC Markets = DILUTION continues!!!
Profile NOT Verified on OTC Markets for almost 8 months now!! Dilution almost the entire time!
Watch this video about what Abajian says about raising A/S plus dilution. Unreal. Man is a complete liar.
https://twitter.com/crypto__phantom/status/1551640095056449536?s=21&t=iE109j-eKPgpOcwn56GNPA
Well, you just keep on waiting, astick
You obviously dont know Meihua Xu
He has "5" of these tickers he fleeces shareholders with.....lol
Wow 50mil and 40mil shares have been dumped simultaneously at .0004. The conman CEO Berge Abajian will continue to sell millions of shares at any price as long there are buyers. He would make sure he.would get every dollar you have. He is a piece of shit human garbage. No CEO could ever top what this conman has done to the stock and to his shareholders. He is the biggest crook there is.
Wow! Someone has definitely had enough of this scam!!
A 50M share dump at 0.00039!!
Well done Berge! Keep destroying your shareholders, and
your own stock, you giant POS!!
NO ONE WANTS YOUR BILLIONS OF WORTHLESS
SHARES, A-HOLE!!!
Ughhh...should I take the 9k$ loss now at 0.0005 or wait....my avg is 0.0011 fml
Who on earth would have a bid order in at .0004 or .0005 or even
.0001 for that matter?
Reverse split is the only possible outcome with a tsunami of shares waiting to be dumped
Smh
I'll be in the joint law suit
Looks like Berge is now spending our money on cheap Asian street whores in Vietnam
agreed...serial scammer using a pubco as personal ATM.....THIS POS IS ONE OF THE WORSE
The CEO of BRGO Berge Abajian is serial scammer. He is no different than a criminal. He continue to lie and dilute and robbed everyone for over a decade. Two reversed split after massive dilution and the stock is stilll trading at all time low. He couldn't care less if his shareholders lose all their investments as long he gets all their money. This guy is an evil person if you watch him in all his interviews because none of them is true. He even got caught issuing himself 500Mil shares of his own stock and used it as an alibi to cover his cooked book that he has not sold a single shares while paying himself with hidden expenses and operating costs. He run his by himsef and no one else because he knows he will be caught on the spot and he doesn't want any witnesses for his fraudulent activity. He is a thief in a grand scale. This is impossible to top and I've been scammed by other CEOs but this one takes the cake 10 fold and he's still not done defrauding shareholders.
This! The reason we stagnate in the trips and will do unless something changes
here! Get rid of Berge! And 2.5B shares!!
Geez!
Shareholders have lost faith in this CEO - his unfortunate reputation is doing a
lot of damage to the sentiment of this stock.
A new CEO might be able to repair the damage done here over many years by
this scumbag CEO!
AS increases, followed by RS’s, have wiped out shareholders in the past!
Many holding even now are way down on their investments!
We need a new story here.
Hoping we see at least 0.005 by EOY 2022 … we live in hope of something better
here! Seems almost impossible to leave the trips behind with this POS!
Massive volume coming from this news.
News - July 20. Bergio International Participates In Prime Day With 2.3 Increase In Sales.
https://www.otcmarkets.com/stock/BRGO/news/story?e&id=2268512
I will file a complaint with the SEC only after 2nd qtr earnings report and how trading goes. I only bought a million my loss won't be a great as some of you. We should get a bump at 2 qtr. There are many stinkers out there with no earnings and higher O S and higher share price. Alot of what if's. Really curious on Cash on hand in 2nd qtr. GLTA.
I’m just waiting for a pop in price McShit!
Put this one on the shelf marked:
Bad trade
Not gonna give advice on selling at a loss or holding but moving on will help more than anything set a couple sell limits high and low and focus on other stuff unlrss you enjoy watching grass grow ?? and I'm being generous here
A long post doesn’t make you correct! Let’s go BRGO!!!!
Ask majority of people about BRGO and first words out of their mouth are "Berge is a fraud."
You're posting the same BS again and again. What are you hoping for here?... At this point it's obvious you are paid to manipulate the stock price and therefore you lost all credibility on here. I appreciated your first few posts but now it's just overwhelming....blocked
BRGO FACTS:
- TA Verified but Profile NOT Verified since 1/1/2022 (7 1/2 months) = DILUTION
- 3 Reverse Splits; 3 Fails, price fell back to trips all 3x (going on 4th attempt soon)
- 1 Billion common shares being drafted up for issuance thru S-8 Registration filing
- Joseph C. Canouse + Stephen M. Hicks have 2 companies each on balance sheet
(both are known dilution scam artists who have been caught with dilution fraud scams in the past & were caught & prosecuted collaborating together to defraud investors)
- CEO lied to shareholders/interviewer stating "Preferred D Shares not sold" when they were
- CEO diluted from ~500 Million shares to now over 3 Billion Shares (with another 1 Billion coming) in just 1-year
- CEO hyper-inflated gross sales/revenue projections in both 2021 & 2022 (stating $30-$40 for each year). In 2021, made ONLY $10.998 Million in 2021 & so far only has $2 Million made in Q1 2022 + ~$5 Million supposedly thru Q2 2022 (on pace to ONLY make $8-$10 Million in 2022 ($20-$30 Million under those hyper-inflated gross sales/revenue projections)
CEO, Berge Abajian, stated in previous Emerging Growth Conference (EGC) that he WILL complete the 4th Reverse Split of the company under 2 circumstances:
1. Makes major acquisition(s)
2. Uplists to NASDAQ (which he states requires an RS)
LOL...his post got removed...that tells a lot about the current manipulation on here lmao...it feels like north Korea here.
Mugsy,
No I don't want iHUB to remove your posts and I definitely won't EVER request them to be removed. Because I want everyone to be able to come back and see it after BRGO completes that Reverse Split after dilution. After there is no run, and you all are standing around in disbelief wondering how you couldn't illegally manipulate and pump the price up with all your groups pushing hard sweating out all their money for an illegitimate pump on a ticker that NEVER should have volume/money thrown into it in the first place.
I want you here so we can all revisit it like a screenshot. Because it's over. It was over before it began.
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Transfer Agent (GAGGED)
1859 Whitney Mesa Dr.
Henderson, NV 89014
702-818-5898
www.empirestock.com
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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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