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C'mon Berge! PR something to help our PPS. Tell us about the December push. Tell us your schedule to promote the company. Tell us about actually selling Faccia a Faccia in select stores. Tell us why you needed 300k suddenly and felt it was best to just use the toxic financing once again. But fir god-sake don't just wait till next year to PR about your company, please!
GO BRGO!
I believe Berge got the $300,000 in notes to fund the mass production of his jewelry. We should be glad that he needed the money, but still P.O'd about how he got it.
BRGO has a lot of good things coming up in the near future - I'm counting on it and looking forward to it!
Charlie
Maybe Berge and the wholesaler are thinking about next Christmas.... They can sell out his current inventory now, and then plan for a massive distribution for next year.
It's a win-win. Berge gets cash and exposure and the distributor keeps it exclusive. Then they have a year to build up inventory for NEXT Christmas.
For those on the board that have more brains and business smarts than I - I have a question.
We KNOW that Berge has been meeting with a 40,000 store wholesaler and also with the regional managers. We know Berge doesn't have the inventory to STOCK 40,000 stores right now. Is it possible that each manager got enough inventory for about 10 stores each to try out for this Christmas and then in January they can close the deal? Could this be a trail run? Berge gets a percentage of what they sell, they see if it is as popular as he says, and it stays exclusively with the wholesaler if the deal closes.
Sound possible?
Charlie
Oh Noooo... 666 on the ASK. Games are a comin' (like it was ever normal)
What was VEEEEEERY interesting was that there were about 5 different people painting it back up within just a few minutes. What that tells me is that there are several LONGS that can't stand to see this @ 3. Bless 'em. BUY MORE please.
Charlie
If the Faccia a Faccia collection is already shipping to stores, and this week IS black Friday, then shouldn't we see a PR announcing it soon - like today??
It's one of the most significant pieces of info yet not PR'd. Would that fall into the non-reporting category if he doesn't produce a PR soon?
Just asking...
Charlie
I can understand why people paint at the end of the day to make the charts look better, but why throw a little paint around AFTER the open? If you are going to scare me, you'd have to use a lot more shares than THAT! Ha!
Charlie
Didn't someone buy a block of 100 million shares at 8?? What the heck as THAT all about??
UNDAUNTRG, I'm starting to agree with you. I was All Positive and All-in. Now, after seeing what Krony said about the notes that are STILL outstanding, I'm having second thoughts and wishing I had sold right after the PR hit. I could of had a little profit and either buy back more now or sit it out. Now I'm sitting here with a huge loss and hoping he'll release some really big news Monday morning...
Charlie
A new thought came to me today.....
Beerge most likely knows exactly how many shares were converted, sold and what is left to be sold.
Just maybe he is waiting them out. He might be waiting for ALL the outstanding converted shares to be sold, THEN release the monster news for a monster run!
Possible? yes, I think it is!
Charlie
Thank You Krony for once again sharing your communications with Berge with us. This was good information about his continued commitment NOT to reverse split! To me it looks like he either sees this at a much higher PPS so he won't have to increase shares, or he'll have to increase the number of shares.
Right now it looks like there is no urgency for people to BUY at the ASK. Buyers are betting that Berge won't release another PR right now, so why not wait it out on the BID and get their shares cheaper? Why not? Because Berge can't be accurately predicted on these things, and in the past, when a announcement (PR) happens, it moves to quickly to catch.
Good luck to all whatever your strategy is.
Charlie
Everyone has an opinion so let me voice mine....
We were all amped up and waiting for great news about the wholesaler deal and all the good stuff we know Berge is working on. We didn't hear any of that in the PR or Q.
What people DID see is the fact that there are still a few notes to be converted. Not NEW notes, but old ones still out there. No one was buying into the ASK on this non-news, so people got scared and bailed out. Me - I picked up another 500k @ 6 yesterday after selling another stock I owned.
Hopefully all that running is behind us and now we will most likely stay close to these levels until the next event which hopefully will be a PR about the good stuff!
Berge doesn't PR things right away, but clumps multiple items together into one PR. I wish he didn't do that, but the guy didn't hire me to tell him how to run his company. So all I can do is to try to figure him out and project where we are going. Most of us here project that we ARE going in the right direction and this PPS WILL be going up!
Charlie
News just NOW hit Yahoo.....
I think that a lot of casual traders were expecting more from this PR than what was there. He walked us through the numbers but didn't say anything about his future plans. He's holding back, maybe for another PR about the wholesaler??
People are selling because they are scared and want out before it goes down further. Vultures await the cheap shares and maybe after they finish picking the bones then we'll move up.
What if the person who bought 100k of stock was BERGE?? How wold THAT make everyone feel???
Dan, I'm hoping for the opposite! If he releases the PR right after the market opens, then people rush to read it and then chase the price up. It adds to the emotion and excitement and creates higher PPS, IMO.
And have a great morning everyone!
Let's make some MONEY$$$$$
Charlie
I think that who ever is stacking the ASK with 30 million is afraid that the PR will come out and someone will actually BUY them before they can take them back down again!... so they flash them.
It's all a game that some play well, others get burned.
Charlie
Did y'all just now see the ASK evaporate??
Oh the games people play now.
(oh wait, I promised no more singing! )
What an education we are all getting! Someone just SOLD 1 million shares into the 6's. Imagine the thought process....
News and Q could come out any minute now.... I think I'll take my 6's and run.
IF Berge is a scam artist then he is the HARDEST WORKING scam artist out there!
Stemcell - I mean no disrespect and I'm sure that your formula of computing a stock price based on the value of the company is GENERALLY true, in a basic, general guide.
But my theory is that the stock is on the open market and the price is based on what people are willing to pay for it.
If you use your formula on BRGO then I'm sure that it would show that we should be trading at a much much higher price, but we aren't because people haven't been willing to pay more for it.
After tomorrow I'm sure that they will be willing to pay a much higher price for it. How much higher will be determined by what exactly is in the PR and the Q.
Some people will look at the charts to see what the trend is and when to jump in, while others compute what they think the stock value should be and buy / sell based on that. I look at where I think the company will be going and can I wait for it to get there. It's all good, however one decides to trade.
Good Luck to ALL and I really mean that!
Charlie
Jason, What a great question!! There are a few here who are much better qualified than I and I hope they also answer you.
We all know that we have a few billion more shares now then we did then, so the chances of this ever getting back to those levels of .27 a share are ALMOST none.
But what if Bergio becomes as common as Kay Jewelers? Every Kiss begins with Kay but the woman is a Bergio Woman?? ( I like that!)
It was smart to average down with the .0004's and I wish us both the best of luck!!
GO BRGO!
Charlie
Let them scramble! That's what will drive the price up! All those people trying to get back in at the start of the rush.
It's gonna be great entertainment!
Charlie
Well, I s'pose if anyone wants another crack at some 7's, now's your chance!
Who keeps dumping at a time like this?
It is nice to NOT see the 999's like we did last week.
Charlie
MightyMoe, That is THE most interesting find I've seen in a while! Could this mean that Berge is going to have his own time slot on DirectTV? Berge DOES shoot for big things and ....???
(Rubbing my hands) It's getting HOT in here!!
Charlie
Perhaps... just perhaps, Berge is waiting for confirmation on something, like maybe the Wholesaler, before putting the PR and Q out there?
Right after News hits and the Q is released.... we'll see volume of over 200 million and a PPS of .0012 all within 5 minutes! IMO. The fireworks are ready for the match to be lit!
Has anyone been in contact with Berge? Got anything you could share with an interested investor?
Charlie
I think we have ALL seen signs of big fish swimming among us. They flip their tails and splash a few big block buys our way. And we've seen HUGE BIDS appear and then disappear.
I think these fish are waiting for the moment when the PR and Q are released. once THAT happens - then LOOK OUT!!
I'll bet we see 200 million in volume within 5 minutes of the PR / Q. And it will jump over .0012 almost immediately. IMO of course. I'm already ALL-IN and can't buy anymore, but it sure is fun to watch!
I'll see everyone here on Monday Morning!
Charlie
Thanks Krony!! I was thinking that he has been a pretty busy man lately and maybe he just needs the weekend to catch up. or... maybe he was really really close but just couldn't get it done yesterday and it could come at any time now. He knows how we analyze every word.
Oh He's real alright! Berge has his smiling face all over the place! heck, he's even on TV! How many penny stock CEO's do you even know what their face looks like?
And... if I'm in the mood, I could even purchase one of his products.
Can't get more real than that!
GO BRGO!
Charlie
I'm glad we don't see any goofy numbers on the bid or ask ending in 999. I still believe that is some kind of signaling between MM's when I see that....
Let 'er run !!!
Nice, Big, Chunky Buys coming in @ 8!!
smart people getting on board!
I think we should ALL go to our local Mall and ask the jewelry stores if they plan to carry Bergio Jewelry soon. Who knows what we'd learn.....
they might say..."come back in a day or two and I can talk to you then...."
Just sayin' /// :)
Can you imagine what the opening would look like if the Q and PR are released After Hours???
Craziness Chasin' us! lol
Was that YOU just now taking out ALL the 7's???
GOOD JOB MY FRIEND!!
GO BRGO!
Charlie
They can all be yours for about $3,500.
I think with the right news we could shoot up past 2 pennies....
(and I promise not to sing about it - makes people mad)
Charlie
Wouldn't it be fun to watch if the PR came out NOW and everyone had only 90 minutes to scramble to buy???
We'd have a HUGE gain and then everyone would have to think about it over night and another huge open.
I have no more money, so I'm just watching and waiting....
What just happened to the ASK size?? Did a block of 30 million just change it's mind??
Thanks JC. I really like this part:
"I've cleaned a lot of mess and the next Q you will find out. We cleared up a lot of loans that were paid out."
When he says "cleared up" could he mean paid off?
maybe
or he could mean they have converted and not to worry?
sounds very positive either way.
Don't you think that there is some superstitions about trading stocks out there? I'll bet there are some guys right now are sitting in their desk wearing their lucky underwear.
I know mine got soiled yesterday! lol :)
But seriously, I feel we've got some more big buys coming. They are just waiting for the right timing. I'm just trying to guess how they figure out when the timing is right....
If it is right this hour or the next.... it's more luck than anything else, isn't it?
Charlie