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Nice close today at .0002!
The Knight is back! Well met Sit!
106m on the BID now!
Incorrectamundo! The ask has dropped about 350m shares from last week and well over 200m today.
Lots of big buys today. Ask half of what it was last week. Looking very ripe for a pop. A YUGE, bigly Pop.
Bigly...BRGO will move bigly.
He’s working on doing just that. Last fall most of the smaller notes converted and he’s currently in talks with Iliad to change the large convertible to a conventional loan.
Anytime the stock has run in the past, it has been due to a Berge PR. So the answer is yes.
Ask is down over 150m from last week. Starting to chew through it. More volume should cause more sellers at .0001 to pull back.
BRGO
Berge on the verge.
Yup, it’s waking up. When Berge finalizes the Iliad nite to a conventional loan this will explode!
It’s a legitimate company with real product, brick and mortar location (and working on more) real inventory and revenue. So, no.
Actually he can. Look at the inventory number from the last 10K, over $1m. It’s mostly raw material. The “street value” of the finished product is probably closer to $3m. He actually had a deal to pay the note off with product with this same lender, which Finra quashed.
Remember this reply next time you ask for info you can easily get on your own.
Per Berge it would become a nonconvertible installment loan if he successfully renegotiates it. Like I said a game changer.
The last paragraph is a game changer.
Bergio International Reports Positive Year End Results
Fairfield, NJ , April 25, 2018 (GLOBE NEWSWIRE) -- Bergio International, Inc. ("Bergio", or the "Company") (OTC PINK: BRGO), a leading diversified jewelry designer and manufacturer of fine jewelry, today reported its financial results for the year ending December 31, 2017.
During the year ending December 31, 2017, the company showed total revenue of $635,948 compared to $557,375 for the same period last year, an increase of 14% from year to year. The gross margins from year to year ending 2017 has also increased by 24.4%. The general and administration cost has decreased by 32.2% compared to the same period last year.
Our net loss as of December 31, 2017 is ($199,785) compared to a loss of ($744,070) for the same period last year. This is a 375% improvement.
Mr. Berge Abajian, President and CEO of Bergio International, Inc. stated, "I am very pleased with the year end results. It shows our new direction into the retail market is finally materializing and shows an increase in revenue and gross margin. We are still selling wholesale through our customer base which is also showing an improvement from last year." He adds, "We had a few setbacks with our expansion opportunities specifically with Hard Rock Hotel & Casino, but we are forging forward with other opportunities in different properties."
He concludes, "We had a successful meeting in Chicago last week with Iliad and Typenex and are in talks to modify the convertible note into a straight term note. I feel if this achieved, it will be a big step forward for Bergio. We will report on the outcome as soon as it is finalized."
Contact:
Bergio International, Inc.
973-227-3230
Source: Bergio International, Inc.
© 2018 GlobeNewswire, Inc.
Cool we should see it shortly after market close then.
I guess we’ll find that out today or tomorrow. He’s never not filed.
Yes, he told me Friday or today and told someone else I know today or tomorrow.
You too El Presidente. I just emailed you my latest short conversation with Berge.
No not insider trading or anything illegal. It’s because we’ve gone beyond the 15 calendar days after the 10K is due. As soon as he files the stop sign will be gone.
Per Berge the 10K will be out on Friday or Monday.
10k is out!
Berge mentioned the preferred convertible route as a possibility a couple of years ago. There haven’t been any new notes since May 2015, but he has explored that possibility for future financing.
Actually may have a lot to do with this company.
For a 10K they have 15 calendar days after it’s originally due to have it filed.
Congrats on that. It will make a uge difference here.
Northstar Electronics, Inc.’s (NEIK) Progress UpdatePress Release | 03/21/2018
VANCOUVER, British Columbia, March 21, 2018 (GLOBE NEWSWIRE) -- Northstar Electronics, Inc. (OTCQB:NEIK) provides an updated report on its subsidiary, Northstar Sealand Enterprises Ltd. (NSEL). NSEL continues to work diligently to acquire a “Definitive Agreement” for the worldwide rights to a “Turbo Prop” single engine industrial airplane from a world leader in the aerospace industry. The primary applications of the airplane are for “Agriculture” and “Rapid Response Forest Fire Fighting (RRFFF),” where the needs for both variants of the airplane are high. Management continues to interact weekly with senior managers in the international aerospace company and its subsidiary.
The Company believes the new design features of the NSEL “Agriculture and Rapid Response Forest Fire Fighting” airplanes will quickly lead to it being a leader in its class.
There is a strong possibility that the large aerospace company will use NSEL’s transaction as an “Offset,” which means that much of NSEL’s acquisition costs, including the “Intellectual Property (IP),” prototype, etc., would be covered by them. The valuation of the “Offset” is currently underway.
Cloud Seeding, using a variation of the RRFFF airplane, is being considered as more and more countries face severe water shortages.
NEIK also see significant potential in the field of Counter Insurgency (COIN), and management is exploring future possibilities in this sector. In particular, NEIK’s intention for the future is to develop a “Surveillance Aircraft,” as the requirements for it are similar to those of its subsidiary NSEL’s commercial versions.
Based on the commercial versions, the Surveillance aircraft would be able to fly very low, away from radar detection. NSEL’s plane would be light (20% less than its main competition) with the same engine and power, and would be able to carry +1,500 kg of equipment. It would be the least expensive airplane to operate and it has excellent performance capabilities. Its landing gear would allow the airplane to land on improvised runways, which is excellent for surveillance in remote areas with no infrastructure.
Management will continue to explore the Surveillance opportunity with the intent of taking action on it, once the “Agriculture and RRFFF” versions are well established in the marketplace.
Once agreements are signed-off with the international aerospace company and its subsidiary for the worldwide rights, the Company has plans to move forward, in marketing the airplanes, establishing additional infrastructure, securing pre-production orders, and expanding MRO capability, among other activities.
For further information about this news release contact, Rich Kaiser, Investor Relations, YES INTERNATIONAL, 757-306-6090, and yes@yesinternational.com. And, for Corporate Communications contact, Eddie Cruz, Cruz Capital Advisors, 800-972-1656.
My take is that Berge is working on a new direction for the company. He stopped taking notes nearly 3 years ago and is working on expanding the brand. That he is going the retail route is encouraging in that retailing through other stores has a good markup but retailing in your own space generates a much larger margin. This one was disappointing as it didn’t work out but he’s aiming high. I like where he’s going and if he can partner with a similar brand the rewards, and resulting run, will be epic.
The 10k is due on 3/31.
10m share buy out of the gate!
10k is due on 3/31.
Pretty much says it all.
Ask is currently down to 203m.
10k is due 3/31.
I’ve seen it as low as 371m or so in the last few days.
Over 150m moved off the ask at .0001 over the last week or so. Improving.
Yup still here. Always a chance at a pop. If you read recent tweets the expansion plan is to open boutique#2 this summer in FL and #’s 3 and 4 in 2019.