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ha ha 5k moves it today? I am on bid now at .0085 , lmao!!
I think were all in agreement on that one brotha!! Not very far to go.. If we can expand that last 10 minutes of buying throught the whole day, we could blow through our .012 resistance.. Unfortunatley we don't have the volume yet.. I put out the word to some very big dogs I know yesterday, they are conducting their dd now, if they hop in, look for volume to be in the 20-30 million range!! Large network of these guys!!
I disagree about the news portion.. Buyers will come due to news, shorts will continue to control this unless we get hit with strong news that will propel this higher!!
Does anyone hear the bahamen this morning?? I think I hear it off in the distance!!! They are singing their signature song, "WHO LET THE DOGS OUT WHO WHO WHO"!!!!!
And I've been singing back to them "Watson let the dogs out woof woof woof woof woof"
I updated the stickies for you.. Good luck here!
Item 1.01 Entry into a Material Definitive Agreement.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers
On February 28, 2010 Bergio International, Inc. (the “Company”) entered into an employment agreement (the “Agreement”) with Berge Abajian, regarding Mr. Abajian’s continued service as the Company’s Chief Executive Officer. Mr. Abajian has served as the Company’s Chief Executive Officer since October 2009 when he was appointed to the position as part of the Company’s acquisition of the Diamond Information Institute, Inc., a publicly traded company also listed on the Over-the-Counter Bulletin Board. Prior to joining the Company, Mr. Abajian served as the Chief Executive Officer of Diamond Information Institute from 1988 to October 2009.
Mr. Abajian has a Bachelor’s Degree in Business Administration from Fairleigh Dickinson. Since 2005, Mr. Abajian has served as the President of the East Coast branch of the Armenian Jewelry Association and has also served as a Board Member on the Manufacturing Jewelers and Suppliers of America, New York Jewelry Association.
The material terms of Mr. Abajian’s employment are set forth below.
Term :
5 year term, with automatic one (1) year renewals.
Base Salary :
$175,000 annualized
Bonuses :
Annual cash and equity bonus based on profits of the Company.
Non-Compete Agreement :
Mr. Abajian’s agreement contains a two (2) year
non-solicitation clause and a confidentiality clause.
Severance :
In the event Mr. Abajian is terminated as a result of death or for cause he will be entitled to receive (a) a lump sum amount equal to the sum of three (3) months of his annual base salary determined at the time of separation, (b) any bonus owed for the year of termination, (c) reimbursement for expenses for the year.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: February 28, 2010
Bergio International, Inc.
By: /s/ Berge Abajian
Berge Abajian
Chief Executive Officer
Bergio International to Launch Bergio Brand in Moscow
Wednesday 02/10/2010 6:01 AM ET -
Bergio International, Inc. (OTCBB: BRGO) announces today that they will be exhibiting with Estet Jewelry (http://www.estet.ru/) in one of Russia's largest jewelry shows in September 2010. "We are looking forward to launching the Bergio brand and our new collections to the Russian market by taking part in one of Russia's largest jewelry shows," stated Berge Abajian, CEO/President of Bergio International, Inc. By expanding into Russia, Bergio has the opportunity to establish itself in a market other than the USA. The Russian jewelry market is a $4.3 billion industry and the alliance with Estet Jewelry will give Bergio International access to Estet's 8,500 retailers.
About Bergio International, Inc.
Bergio is entering into its 20th year of operations and concentrates on boutique, upscale jewelry stores. It currently sells its jewelry to approximately 150 independent jewelry retailers across the United States. Bergio has spent millions in branding the Bergio brand through tradeshows, trade advertising, national advertising and billboard advertising since launching the line in 1995. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in the United States and Italy.
We have established Bergio International as a holding company for the purpose of acquiring well-established jewelry design and manufacturing firms who possess branded product lines.
Additionally, Bergio intends to acquire design and manufacturing firms throughout the United States and Europe. If and when they pursue any potential acquisition candidates, they intend to target the top 10% of the world's jewelry manufacturers that have already created an identity and brand in the jewelry industry.
Bergio International Signs Agreement With Estet Jewelry
Monday 02/08/2010 6:01 AM ET -
Bergio International, Inc. (OTCBB: BRGO) announces today that it has signed an agreement with Estet Jewelry Company (www.estet.ru) to be our exclusive distributor in the territory of Russian Federation and CIS. "This is a great partnership between two great companies and we are very excited and enthusiastic in bringing this high end brand to Russia," stated Mr. Gagik Gevorkyan, President of Estet Jewelry Company. In 2006, Estet Jewelry became a member of one of the five largest Russian jewelry manufacturers. "I am very excited to create this alliance with Estet Jewelry which will help Bergio open its door to a $4.3 billion Russian market and to the 8,500 stores that Estet Jewelry already services," stated Berge Abajian, CEO/President of Bergio International, Inc.
It was a very newly traded stock back then, hype was huge and they came out the gates unloading prs.. Promo groups and deal guys ran the stock up, and got out.. Once the promo guys were out it switched to retail, which reslutled in a large sell off.. I haven't payed attention to the stock much from that point.
Really all depends on the established short interest, and the news flow.. If the news flow isn't strong, the shorts could gain control here.. The company decides..
We need to break the 50 at aprox .009!!! After that we will be in for a ride
Woulda liked to see it close above the 50 or the 200.. Both are resistance now
yes yes it would!!
Yes they will, bullish move today..
Im also on news watch with a close like that!! Only one of those buys was mine...
Yessir, once again the dog is coming through!! I think its time to retest the 52, tomorrow will be the confirmation of where the dog is headed!!
I thought for sure it would fall also!! Someone definatley has built a wall, pretty confident we will shatter that tomorrow!! Im ready to start seeing some 7 figure buys like the good ole days!!
Im locked and loaded, i hope all of you are aswell!! Great to finally see some freaking green!!
You cant buy this stock with scottrade, how dumb is that!
Ill get back on the bid so mms dont try and play any games at the eod!!
Ready for that wall to be busted down at .0085, Should be getting close
Nice buys coming through!! Setting us up nicely for a little runnn!!
ha ha, i was wondering the same thing, maybe they meant 385,000 total..
boom baby!!
I just got this response..
Hello,
PSC is still keeping an eye on HSCO. Yesterday we even bought another 100,000 shares of HSCO for a total of 285,000 shares we bought recently. It has taken a bit of a dip but we are hopeful that the weakness will be short lived.
Thanks,
Member Services
PennyStockChaser.com
NONSENSE!!
CAN WE PLEASE CLOSE GREEN TODAY?!!!!!
Yeah, some hits at the ask going through, that .9 wall should fall soon!
Have some work to be done here, this needs to close over .96 from a chart perspective!!
Well we just filled our bid support at .9 need some ask slapping.. Which is going to mean that bid needs to squeeze a bit!!
DOW just went red..
ha ha, i was on bid at .008 for a measly 20k and got almost a insta fill.... HDSN going to drive this down!! .007s here we come again Unless we get another buyer!
Yes, whomever sold that 13k block at .72 is probably not to happy with their move at this point!
I guess ill get on the bid....
Where is our precious bid support?
Should be!
Yup, still have some work to do though, but bounce is in full effect!! almost green on my 10k i bought at .95... green on the .8s i bought.. Not so much on the 1.10 and 1.19s lol!! Soon enough though!!
Yeah he said he was on the bid at .008 for around 300k, im guessing that was his fill!
My .8s bought today are looking sexy right now!! Dont think this opportunity will come anytime soon!!
What is with the spread? looks like the sellers dumped all their shares.. This will continue to move with any buying pressure!! We should close above 1.00!