This will shed some light on why BTHR is at .0001.... damn shame.

Cellar Boxing: Boxed in the Cellar

It is known as “Cellar Boxing”,
a form of securities fraud known as "naked short selling"
that is becoming very popular and lucrative
to the market makers that practice it.

0.0001 is appropriately referred to as “the cellar”.
This 0.0001 level can be used as a "backstop"
for all kinds of market maker and naked short selling manipulations.

When the market is > (no bid) 0.00 to 0.0001 offer <
there is theoretically an infinite spread.

In order to participate in “cellar boxing”,
the MMs first need to pummel the price per share
down to these levels.

An interesting phenomenon occurs at these "cellar" levels.

Since NASD Rule 3370 allows MMs to legally naked short sell
into markets characterized by a plethora of buy orders at a time when few sell orders are in existence,

a MM can theoretically "legally" sit at the 0.0001 level
and sell nonexistent shares all day long
because at no bid and $.0001 ask
there is obviously a huge disparity between buy orders and sell orders.

What tends to happen, is that every time the share price tries to get off of the cellar floor and onto the first step of the stairway at 0.0001
there is somebody there to step on the hands of the victim corporation's market.

Once a given micro cap corporation is “boxed in the cellar”,
it doesn’t have a whole lot of options to climb its way out of the cellar.

One obvious option would be for it to "reverse split" its way out of the cellar, but history has shown that these are counter-productive as the market capitalization typically gets hammered and the post split share price level starts heading back to its original pre-split level.

Another option would be to organize a "sustained buying effort", and muscle your way out of "the cellar",
but typically there will, as if by magic,
be "a naked short sell order" there to meet each and every buy order.

Sometimes the shareholder base can muster up enough buying pressure to put the market at Bid 0.0001 and 0.0002 offer for a limited amount of time. Later the market makers will typically pound the 0.0001 bids with a blitzkrieg of selling to wipe out all of the bids and the market goes back to no bid and 0.0001 offer.

When the weak-kneed shareholders see this a few times
they usually make up their mind to sell their shares the next time that a 0.0001 bid appears and to get the heck out of Dodge. This phenomenon is referred to as “shaking the tree” for weak-kneed investors and it is very effective.

At times the market will go to 0.0001 bid and 0.0003 offer.
This sets up a juicy 200% spread for the MMs and tends to dissuade any buyers from reaching up to the "lofty" level of 0.0003

If a 0.0002 bid should appear from a MM not "playing ball" with the unscrupulous MMs, it will be hit so quickly that Level 2 will never reveal the existence of the bid. The 0.0001 bid at 0.0003 offer market sets up a "stalemate" wherein market makers can leisurely enjoy the huge spreads while the victim company slowly dilutes itself to death by paying the monthly bills with "real" shares sold at incredibly low levels.

Since all of these "development-stage corporations" have to pay their monthly bills, time becomes on the side of "the naked short sellers".

At times, it almost seems that the unscrupulous market makers
ARE NOT actively trying to kill the victim corporation, but instead want to milk the situation for as long of a period of time as possible and let the corporation die a slow death by dilution.

The reality is that it is extremely easy to strip away 99% of a victim company’s share price or market cap and to keep the victim corporation “boxed“ in the cellar, but it really is difficult to kill a corporation especially after management and the shareholder base have figured out the game that is being played at their expense.

What typically happens in these situations,
is that the victim company has to massively dilute its share structure from the constant paying of the monthly burn rate with money received from the selling of “real” shares at artificially low levels.

Then the goal of the naked short sellers is to point out to the investors, usually via paid “Internet bashers”,
that with the, let’s say, 50 billion shares currently issued and outstanding, that this lousy company is not worth the $5 million market cap it is trading at, especially if it is just a shell company whose primary business plan was wiped out by the naked short sellers’ tortuous interference earlier on.

The goal of the victim company now becomes
to avoid the 3 main goals of the naked short sellers,
namely:

> bankruptcy,
> a reverse split,
> or the forced signing of a death spiral convertible debenture out of desperation.

As long as the victim company can continue to pay
the monthly burn rate,
then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes:

> name changes,
> CUSIP # changes,
> cancel/reissue procedures,
> dividend distributions,
> amending of by-laws and Articles of Corporation, etc.

I agree with you Krony.... Any publicity is a good publicity. No matter how bad and sometimes the worst is the best. Maybe Bergio should streak at the next PGA golf tournament. That would go international within minutes.

LOL... the only position that I have been adding to lately has been to my waistline.

Looks good... lets do it.

Patience and a fifth of tequila maybe. lol.

I'll bet all those new shareholders that bought in TSNP the other day thinking it was a different Tesoro company are kicking themselves in the ass right now. " I bought what? Who? lol

I'm at the point that I wish they would just do something...RS, Buy back, Buy a company, go bankrupt.... I don't care just do something.........................

Strange...... people actually buying here.

Gorgeous ring. Don't let my wife see this.

Answers to all your questions on Toxic loans.. and about Asher Ent.......

Asher Enterprises, Inc is a toxic debt financing company domiciled in Delaware, located in New York, and run by Curt Kramer.

ASHER ENTERPRISES, INC.
1 Linden Pl., Suite 207
Great Neck, NY. 11021
Curt Kramer, President

People may recognize the name Curt Kramer from Mazuma Holding Inc and Mazuma Funding Corp. Mazuma ran out of the same office as Asher Enterprises, Inc. While involved with Mazuma, Curt Kramer and his partner Charlie Mayo helped finance several penny stock scam companies.


Asher Enterprises Inc usually gets involved in smaller sized financing agreements that do not require S-1 filings. Common factors in Asher Enterprises Inc financing agreements are really high interest rates and especially ugly conversion ratios. The terms of most Asher Enterprises Inc Notes allow Asher to convert their debt into free trading shares at a 60% discount to the 3 worst closing prices over the previous 10 trading days. Taking the 3 worst closing prices over the previous 10 trading days can often translate into Asher Enterprises Inc getting their shares at well below half of the market price.

These kind of toxic debt arrangements are the most damaging type of financing arrangements because of the high amount of interest the Notes accumulate and the huge discounts given on the shares issued to the Note holder.

The lower the share price goes the more profitable these toxic debt agreements become for the Note holder like Asher Enterprises Inc. Because of this there is incentive for the Note holder to short the stock to drive down the price before converting the Note into free trading shares. After converting the Note into shares the interest changes to pumping the stock to attract buyers to try to sell those shares at as high a price as possible. The Note holder will often times pay for a promotion to facilitate the dumping of their shares. This brings in unsuspecting investors who have no idea they are about to get dumped on probably causing them great losses.

The dumping of these super discount shares drives down the share price of the stock. The lower the share price goes the harder it becomes for the company to raise capital forcing the company to seek out more toxic financing agreements. The lower the share price goes the more discounted shares have to be issued to settle these toxic debts in the future. The company is now trapped in a toxic death cycle. Once a company signs a toxic financing agreement like the type that Asher Enterprises Inc offers there is usually no escaping the inevitable toxic death cycle after that. The outstanding share count will continue to go up and the share price will continue to go down.

It is for this reason that all investors (whether short term flippers or long term investors) need to learn to read filings and recognize toxic financing agreements. Look for convertible debt Notes and look at the terms of those Notes.

Unfortunately not all penny stocks are fully reporting. For non-reporting companies there is usually no way to know if the company is involved in a toxic financing arrangement. This is one of the reasons that non-reporting companies are so risky. You never know when dilution is going to be a major factor in destroying the share price.

Not every toxic Note holder has an easily recognizable name like Asher Enterprises Inc or Lionheart Associates LLC or JMJ Financial or Tangiers Investors LP or NIR Group. Sometimes it is the insiders of the company (former officers/directors, current officers/directors, friends and relatives of former or current officers/directors, etc) that set up toxic convertible debt Notes for their own self enrichment.

Any time you see a convertible debt Note show up in a company filing you better be well aware of when the Note holder received that debt Note and when that Note can start being converted into discounted free trading shares. All convertible debt Notes are red flags for future dilution.

Hopefully some of the changes that come out of the recent SEC Roundtable on the Execution, Clearance and Settlement of Microcap Securities will help curve these self enrichment scams that involve insider owned Toxic debt Notes and also prevent the market manipulation that so often comes with all Toxic financing agreements like the ones offered by Asher Enterprises Inc.


i did not write this, here is where i got this from:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68247638


Generic info on Asher Enterprises
http://asherenterprises.org/

Asher Enterprises
Asher Enterprises: A privately owned investment company, Asher Enterprises is located in Great Neck, New York. As an investment company, this organization provides funds to small businesses. Small businesses often have limited access to funding, so private investments are important to their growth. Curt Kramer, sole shareholder, ensures that each investment, no matter how small, makes a large difference.


The Purpose of Asher Enterprises

Kramer has created a company that helps small businesses thrive. Through private investment, up and coming companies can access the funds they need to launch. These funds contribute to operations and development. As a result, small businesses can access capital without having to fight banks for it. For many small business owners, this is one of the most important perks of the company.


Our Firm vs. Big Banks

Banks have traditionally offered little to small businesses. They want to see growth and success before lending their money. But how can small businesses show growth before securing the funds necessary to achieve it? This is where privately owned investment companies come into play. These companies loan money to small businesses from their own assets.


How Our Company Operates

Our firm gives loans in exchange for Convertible Promissory Notes. The company can convert these notes into equity. By using equity instead of cash, the cash flow of the small businesses is left undisturbed. Borrowers often prefer this arrangement-another way in which private investment trumps business with banks.


Catering to the Needs of Small Businesses

Kramer understands the limitations that small businesses face with regard to funding. Capital and loans simply are not readily available for small businesses. To solve this issue, the company provides access to necessary funds. However, the organization takes this a step further than many other firms. Its approach reduces traditional obstacles that slow the business development process. This helps businesses grow faster.


A History of Success


Since first opening its doors, this investment company has worked with over 400 borrowers. Many of these borrowers have gone so far as to ask for advances. This trust, and willingness to work with the organization, proves that the company is successful. The investment structure it has put into place is appreciated by borrowers. As a result, it is beneficial to all parties involved.


The organization's business model entails providing convertible loans to small companies. This business structure is compliant with Securities Exchange Commission objectives. Additionally, the company's goals are common with those of the United States Securities and Exchange Commission.

Simply put, these goals are to improve the business environment for small organizations. The JOBS Act passed by the House of Representatives further echoes this objective.


An Ally to Small Businesses

In today's financial climate, banks do not take many risks on up and coming businesses. At the same time, the economy has prompted many entrepreneurs to start new ventures. The discrepancy between these two facts could prove ruinous for new business owners. Fortunately, private investment firms can provide funding that banks refuse to supply. This is, largely, why so many small businesses are growing despite a down economy.


Creating Value for Borrowers

Asher Enterprises Great Neck, NY understands what small business owners need to thrive. The company's structure allows it to lend to small organizations that banks will not approve. As a result, our firm creates value for its borrowers in several different forms. Most importantly, it provides the opportunity for businesses to grow.


Asher Enterprises Follows Guidance of Investment Guru

Asher Enterprises, of Great Neck, New York, is led by Curt Kramer. Family-oriented, Kramer is a successful private investor who understands the market. His leadership has created an organization that provides an invaluable service to small businesses.

But what makes Kramer so successful? Here are a few interesting facts about the man behind the business.

Kramer married his high school sweetheart and they have three children.
Kramer has called Nassau County, Long Island, home since the day he was born. He loves his community and works to improve it every day.
Kramer loves books and he shares his private collection with Asher Enterprises employees. Continually improving his understanding of the world around him contributes to his success.
He is a self-made professional who has helped countless employees. Through his guidance, they have gone on to create successful careers.
Kramer is a thoughtful expert in his field. His employees and vendors appreciate his approach to business. Additionally, they appreciate his personal attention.
Punctual, motivated, and hard working, Kramer often puts in fourteen hour days. Frequently, he works from 7:30 in the morning to 9:30 at night. He hates procrastinating; instead, he completes everything in a timely manner. This is one of the reasons his employees and clients enjoy working with him.
Kramer knows how to create a positive work environment. He does so by showing his appreciation to employees and clients. He believes that working relationships should prove uplifting, and as such he encourages positive interaction.
As a financial professional, he is a discerning consumer. Kramer's spending habits are well-balanced and responsible. When he has extra money, he enjoys helping people in need. This includes investing in new businesses and contributing to charities.
Philanthropy is very near and dear to Kramer's heart. He loves the fact that he can help children who are afflicted with serious illnesses. As a father, he understands the pain that other parents feel when their kids are sick. He has contributed to the following organizations:
North Shore LIJ
Kramer's Kidz Club at Cohen's Children's Hospital
Kramer's Kidz Club at Children's Medical Center
St. Jude Children's Hospital
Children's Medical Center
Make a Wish Foundation
In Great Neck, New York, Asher Enterprises is a beloved organization. The company has helped hundreds of people realize their entrepreneurial dreams. Asher Enterprises Great Neck, NY has become, in that way, a pivotal part of the business environment. Curt Kramer continues to lead Asher Enterprises to success.

Well said RGali..

Nice information Moondogaz.... this thing should scream very soon.

That was to easy. And after reading your posts I can tell you have a mature and a integrity meaner about you.

LOL.. Police officer

Own a business for over thirties years and had learned to read people very well for their personalities and strengths. Sure there are losers and winners in all types of business but the strong ones always survive. They always figure a way out of the current problems and go to the next. Bergio fits this mold. He was born into it. If you never own a business it's really had to understand what it takes to survive during this type of economy.

Agreed.... He grew up in this business. He knows jewelry. He is a very likable person and presents himself professionally on and off TV and shows. I think we all agree he is a fighter and won't be at the bottom much longer.

And for the guy saying this is a scam. That's absolutely ridicules. Do you really think Bergio is flying around the world, doing shows, trying to get on TV, trying to finance projects anywhere he can, and going in great lengths in doing so just to fool the shares holders? That's too friggin funny.

It's a different time period. The economy sucks, jewelry buying is way down with the middle and lower class of buyers, Financing is really tough on all businesses, just a lot of variables that Bergio wasn't up against a few years ago. This will past and either he will pull us thru or BRGO will be gone. That simple.

Agreed CC..... IMO Bergio is damned if he talks to the shareholders or he damned if he doesn't talk to the shareholders. Some posters will twist everything he says. He's smart enough to know to do what he has to do to keep this thing flying.

There would only 820,000 shares out to flip after the RS or if Greg decided to buy back the 409k of OS stock. If the company does grow and prosper as led to believe, then that's when the 820k of stock that is out there will go thru the roof. Now that's when the dilution starts.

$409,917.99 to be as the RS. That's is for sure more that Greg's pocket change.

LOL....

Want some cheese with that whine fg? This is what pinkies are all about. You win some and you lose some. You either stick with what you have and wait it out or go after another stock. That's it...... You want safe investments, go mutual funds or bonds. Buy real estate or what ever, but buying pinkies is nothing but a gamble with a shade better chance than Las Vegas. But in saying that, I like my odds here with BGRO.
GO BRGO

Hey Capt. Chris.... why did you write like a pirate on BRGO board but not on other boards?

BRGO is #5 jewelry search on Google.

http://yerevanshow.com/?cat=6

Yep Casino Brownie and it was a bowler.

Go Browns

Twitter never turned a profit.

Hey Fingers..... what happen to you? Your missing all of the excitement. yawn............................

Bruce.... I don't think he bought it.

Thanks Krony.... just wasn't sure.

Agree Karchk97. Contracts do take time. Also I have the OS pegged at 1.1b shares with Scottrade. Either way we're in pretty good shape here once the deals are done.

wow.. that's interesting Duke. hmmmmm thinking how that will be explained. Always wondered where the money and assets flew to.

I think TSNP is buyer up whatever is left of Alternative Energy's Electrical/Solar resources from AEGY. AEGY is going into the MaryJane business.

Jerry... My surgeon did three heart and lung transplants a day, three day a week. At $40,000 each that would be about $17 million a year and that's just one doctor in that dept. It's like a factory at the Cleveland Clinic. Unbelievable place for sure. Now the hospital let's say makes $150,000 per operation.. that would work out to be about 165 million to the hospital. Again that's only one surgeon in one dept. WOW...............

The surgeon's bill would be about $40,000 for a four hour operation and rest is everything else. Just had this done not to long ago at the Cleveland Clinic. Trying to remember all the different bills (lots of bills). Probably not ten fold in most of Europe but in Eastern block and for sure in most Asia.

Stockbar...8% would be great but not going to happen. The difference in America vs. Germany is that our cost on medical equipment, drugs, doctors, and so on is like 10 fold than most countries. Open heart surgery is about $300,000 on a good day as to in other parts of the world it is $5000 to $50,000. And don't forget Malpractice Insurance is thru the roof if you can get it at all. Throw in cost, a few lawsuits and you have the cost of American Health Insurance. How the best for Obamacare but what I see so far is only 20% is better premium and/or better coverage so far. That's one out of five people it actually helps.

Will be looking into new health coverage next month. Mine just went to about $1100 per month. Hmmmm Obamacare?? Maybe I can get a free phone and a block of cheese to go with some free health insurance.

I'm not sure of much of anything except I will die someday lol. But do I think this stock will go back to .08? Who knows but I got about 20 million bets on it that it will get close. Bergio is the type of person that gets things done. He rolls with the punches and is always thinking his next step. It's born in him. I've seen these kinds of guys my whole life. Their doers...what ever it takes just get it done type of guy.
GO BRGO

Morning FDR.....