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We all knew Berge was close to the 4b a/s and had to do something. My only concern is going from 4b to 6b. I can honestly see 5b, but 6b seems a bit over the top. That is, unless it's simply a safety net in which the a/s will be reduced after all notes have converted. He has no control over the SP, so he had to figure a worst-case scenario.
I'm not happy about it but I don't have the complete picture either. In reading last Friday's PR, it's clear he is trying to get this toxic financing outta here. We just need to trust his reasoning for this even if it's a little hard to understand at the moment.
From my standpoint (long-term), it's a bump. Sold a little last week and bought a little this morning. I will be adding more. It's a bump.
Fully expect a rebound here. May/may not happen today, don't know. But holding long-term, just a little bump in the road.
No absence of nuts this AM, but it sure looks like they're about done. Good, let's move this biotch back up.
From the Feb. 4th PR: http://ih.advfn.com/p.php?pid=nmona&article=60917479
This statement:
2014 started strong for Bergio. The Company has reopened negotiations with a major wholesaler, but with no details to report yet until finalized. First contact has already been established, and the second phase of negotiation is to continue from late 2013. As far as negotiations with Sterling, there has been correspondence regarding their interest in the Faccia a Faccia collection, along with setting up the beginning stages of an appointment for the JCK Las Vegas Jewelry Show 2014.
Great trading Krony! I picked up some 11's, love these opportunities. Holding strong here, they aren't getting mine I'm buying theirs LOL
12's nearly gone, going back up. Strong bid support at 11's.
Two PR's back, there were some points that perhaps someone new to Bergio may not immediately recognize:
"2014 started strong for Bergio. The Company has reopened negotiations with a major wholesaler, but with no details to report yet until finalized. First contact has already been established, and the second phase of negotiation is to continue from late 2013. As far as negotiations with Sterling, there has been correspondence regarding their interest in the Faccia a Faccia collection, along with setting up the beginning stages of an appointment for the JCK Las Vegas Jewelry Show 2014."
I have NEVER been more excited about the future of Bergio as I am at this moment. This company is making the right moves to increase shareholder value, this is evident in Friday's PR. The balance sheet is solid, sales are great, big partnerships forthcoming, much more...
Looking forward to watching BRGO shine this week. Good evening/morning all, JC
$BRGO - Interesting read from lowtrade regarding BRGO:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=98073166
Absolutely BEAUTIFUL picture!
Cheers! Great day $$ BRGO $$ Everyone have a great weekend.
We may hit .003's today!
Glad to see that, welcome to the group anian!
$BRGO - PR - END OF TOXIC DEBT - GOING NUTS 450m volume!
Link to PR: http://ih.advfn.com/p.php?pid=nmona&article=61272483
Bergio International Announces Financial Updates
Alert
Bergio International, Inc. (QB) (USOTC:BRGO)
Intraday Stock Chart
Today : Friday 28 February 2014
Bergio International Announces Financial Updates
FAIRFIELD, NJ--(Marketwired - Feb 28, 2014) - Bergio International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company") announces several updates involving finances and convertible funding.
As of February 27th, 2014 the last note owned by Asher Enterprises, Inc. ("Asher") was fully converted and paid. John M. Fife ("Fife") has nearly completed the conversion of the last note, and Auctus Private Equity Fund ("Auctus") has converted one-third of the note in their possession as of today. Bergio is looking toward selling the note owned by Typenex Co-Investment, LLC ("Typenex").
Berge Abajian, CEO of Bergio International, Inc., stated, "This is the first step toward getting rid of toxic funding. I am pleased that Bergio is finished with Asher's note." He added, "Bergio is currently in the final stages of negotiation with a large fund to acquire the remaining $100,000 note from Typenex with additional funding for Bergio at non-toxic terms. All past plans to clear the balance sheet helped Bergio to attract and negotiate true funding that will protect the company's stock price."
$BRGO - PR - END OF TOXIC DEBT - GOING NUTS!
Link to PR: http://ih.advfn.com/p.php?pid=nmona&article=61272483
Bergio International Announces Financial Updates
Print
Alert
Bergio International, Inc. (QB) (USOTC:BRGO)
Intraday Stock Chart
Today : Friday 28 February 2014
Click Here for more Bergio International, Inc. (QB) Charts.
Bergio International Announces Financial Updates
FAIRFIELD, NJ--(Marketwired - Feb 28, 2014) - Bergio International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company") announces several updates involving finances and convertible funding.
As of February 27th, 2014 the last note owned by Asher Enterprises, Inc. ("Asher") was fully converted and paid. John M. Fife ("Fife") has nearly completed the conversion of the last note, and Auctus Private Equity Fund ("Auctus") has converted one-third of the note in their possession as of today. Bergio is looking toward selling the note owned by Typenex Co-Investment, LLC ("Typenex").
Berge Abajian, CEO of Bergio International, Inc., stated, "This is the first step toward getting rid of toxic funding. I am pleased that Bergio is finished with Asher's note." He added, "Bergio is currently in the final stages of negotiation with a large fund to acquire the remaining $100,000 note from Typenex with additional funding for Bergio at non-toxic terms. All past plans to clear the balance sheet helped Bergio to attract and negotiate true funding that will protect the company's stock price."
WOW, this PR is Freaking awesome! Just got in.
ARGH! VERT left, filled only 750k of my order @ .001. Then ETRF gave me the rest. VERT backed off to .0011, they're on the run now guys. They must be low now...
Think it's about time I Hammer VERT a little too. It'll be fun to give him one last kick in the ASK!
Thinking so too, last note converting and perhaps the PR next week? Not sure, but that's my guess. At any rate, let's see what they got. Great time to buy for sure, opportunities like this are NOT likely to come again with BRGO.
Happy Friday everyone! Go BRGO
Awesome day guys, tomorrow we break 13 (IMO). See y'all tomorrow, go grab a coffee, coke or other beverage of your choice.
$$ BRGO $$
That would be fantastic!!!!
LOL, we were all right! Ha ha... back to BRGO
I need lessons on people skills from Krony, he would have never said coke. LOL
LOL, I should have just stuck with coffee. Updated my post to be more "regionally" correct.
That's right, I'm from the south
Huge bid 115m @ .001. Sit back, grab a coffee or soda (coke, pop, tea, soda pop, whatever... LOL ) and watch this excellent Bergio video:
100% Agree with this statement. Many of us saw that Bergio would do well at some point, but we were being slammed by constant dilution. Now that this concern is non-existent, it puts everything into an entirely different perspective. You can buy today and feel confident the price will ascend given how undervalued we are at these levels. Totally different stock now. JMHO
BRGO looking strong!
Tightening up, could pop to 15 very easily/quickly.
Good morning everyone! Go BRGO!
Observation: Bergio is cheaper in the mornings than it is in the afternoon. GLTA
lol, trust me. No they won't be missed at all
Welcome fallin123. You can find the current share structure on our wiki:
http://wiki.advfn.com/en/BRGO_ShareStructure
But, there is tons more info. there if you want it including:
New to Bergio: http://wiki.advfn.com/en/BRGO_Newcomers
Why Invest in Bergio: http://wiki.advfn.com/en/BRGO_WhyBuy
Main page: http://wiki.advfn.com/en/USOTC:BRGO?ihub=1
Hope you find this helpful in you research of BRGO.
BTW - Share structure above is updated monthly and the absoute latest publicly available information. Our resident Bergio expert, Mr. Krony, updates it for us whenever he gets the latest figures.
Again welcome and GLTY!
JC
Awesome close, congrats/thanks to us all for the bid support and the buying. HOD Close... Go BRGO!
Bergio's premiere on shopNBC (now shopHQ) from 5/7/2013, if you missed it last year:
I can't stop thinking about Krony's message and Berge's response below. It is so exciting for this stock on so many levels. We have a solid company with products beautifully crafted in gold and diamonds. If that weren't enough, we have a 4:1 (asset-liability) ratio, $2m+ in inventory, ~$2m in sales in 2013, $175k credit line for operating expenses, periodic airing on TV (shopHQ), negotiations with a large wholesaler (sells to 40,000 locations), negotiations with Serling (own's Kay, Jared and soon Zales)... And the best news for shareholders is the imminent announcement that all notes have converted and dilution is over.
This is a MONSTER Stock in the making!
From CEO Berge Abajian:
Good afternoon Berge, can you tell me if conversions have sped up this week due to the higher price and the fact that Asher and Auctus can still get their shares near the lowest prices? Thank you Sir!
Berge: No I have no control when they will convert but both of them converted this week. I will PR once every convertible has been terminated. We're very close, great day today after all this volume.
Mike: Thank you Berge. You say both converted. Would that be Asher and Auctus? Is Fife done?
Berge: yes
willkommen Freunde!