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I believe it is from acquisition and payment structure. Is he still in Nieman Marcus? I saw where he made an appearance in Oak Brook, Illinois in September, but couldn't find his name in list of jeweler's.
So Berge was paid the first 300k after purchase.
Looked online at Ultra's other brands, Bergio is very comparable with all the rest. I don't believe it's a price issue or economic. What was date of Signet / Ultra deal? Could be from purchase, accounting, inventory takeover changes?
300k a true late pay or was it due to payment structure?
Sounds positive to me! Thanks for the response.
They purchased...sorry skipped a word there.
They because they believed it to be good product, but do we know for sure it was a good line?
My other question is are we for sure the 300k has not been paid?
Do we have proof that the merchandise in Ultra stores did well?
Amen to that, thanks Rip!
And thanks for all the info you put out, very helpful.
I did see that and I like it, compliments the whole pic. It won't be all about Jewelry in long term, it will be about the name and branding other items. And once he has that....I make some money! Well my wife picks out more jewelry.
I believe he's given us another clue to where Bergio is going with the expansion...tie's. If he is expanding into luxury items, not just jewelry he could be pushing to be the next Ralph or Tommy. These type of sale items certainly piggy back each other. Again, I'm a newbie here and like all that I see. Loaded up, adding more and NOT selling for short games, real deal here IMO.
Thank you.
What is A/S at this point?
Wow, that's funny!
I see that, it's like Pavlov's theory. Down tick and they slobber.
Not true, newbie here and staying, not one share if my several mm's will be sold....real deal.
We're gonna need a bigger boat.
I double dog dare you!
Right on.
Not selling here, not worried...just waiting.
It will happen...
Lol...so true! I'll just keep loading in the meantime.
It's hard, the waiting. Probably the biggest key to this world...patience. Come on, bring the news. I have none, but I'm hanging in do this one. Things look to be in line for something very good.
Agreed.
I agree, everyone has an opinion, positive's outshining the neg's. Owner stands to make a lot more money with a true mega deal as opposed the the actions he'd have to take to appease the negs and abscond with quick money. Thanks for the reply.
I knew this would happen, I have spoken. No wait, just thought it, but I was still correct. Come on with the news Berge!
Total scum...helping schools open, I'm out!
Yesss!
I believe you are correct again.
Bought 1.5 mm at .0010, that's a good price IMO. We need the news the good though.
Has anyone looked up how many outlets would be involved in joining up with them? On the other side, he is and needs to continue to push the elite to where his jewelry, goooood combination.
Any thoughts on who the marketing companies are going to be??
Dan, not Dave, sorry.
Only news!
I think Berg knows he has to get into the bigger chains and i believe he is working on that. Volume is the key to any success in the market. Dave is right and the signs out there are good regarding Signet. If that is true this will be a solid investment. But only need will clarify.
My thoughts exactly.
Stock drops and negative people are right for a day, good news hits and they are wrong for a long time.
Ok, thanks Krony. To truly open up the doors, I believe that is a must for volume. The wealthy can still buy certain lines that would distinguish them from me.
Day to day games, being right about a stock moving a couple of ticks...in the immortal words of A. Sandler "whoopadeedoooo!!" The news will make the stock, holding our position will win out as long as the deal is truly MEGA, which I believe it is. This guy has worked hard to push his brand. Does anyone one know where Bergio stands on producing a less expensive line to gain volume? Or is he steadfast in keeping only to upscale? Us poor people like pretty jewelry too, dad gum it.