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Sure seems that way... PR Today, tomorrow or next week? The wait is frustrating
Nothing is positive until it's happened.
One thing is for sure, the notes have slowed to a halt. Been a week since we saw any fresh conversions. Seems like a good sign to me. No volume though... Guess we're just waiting for news, hopefully it's enough to get the ball rolling and build some excitement around here (if it ever arrives). We need it.
True, the 52 week high is rather low. But something to consider, we've been waiting on the end of convertible PR since 9/1/2013. The Faccia a Faccia line was announced this time last year, but was on hold due to a "wholesaler" arrangement (and/or potentially Sterling - i.e. Kay's). Well, we're down to the wire now. Things either happen or they don't. Strong likely-hood that we'll see a PR this week.
*IF* it's a good solid PR, .0002/.0003 will be the lows and .0024 may be superseded by an all-new high. Worst-case, we wallow around here until that news does arrive. I suspect Berge will pull through for us this week. If he doesn't, it's going to be harder on him. Noone is buying until he can deliver. I've loaded all I plan to and won't add any more until I see something positive happen.
or not.
Unfortunately, nothing factual/verifiable at this point. Sterling was mentioned in prior PR's, but nothing confirmed regarding FaF appearing in Kay stores.
A PR that states as such, we're good to go.
The reality is, retail stores haven't even seen this line. Can't become obsolete or a "Delorean" until it's even had a chance in the display case. FaF hasn't had that chance, yet. There is clearly nothing else like it out there (try a google "Image" search - nothing).
The concept is brilliant, the launch to retail could be under the right condition... guess we'll find out.
IMO - All that matters is he starts shipping/selling the line. It's not making Bergio money until it shows up in retail stores. Let's go BRGO!
If Berge makes good on prior PR's (conversion status, FaF deal, etc.) imagine the return based on these current lows. Seriously going from .0002/.0003 to .0018 could happen rapidly. I've loaded all I want, but can't help but imagine if Berge makes good on past PR's the potential here is significant. Perhaps that is why he increased the "Employee incentive" by 165m? Just a thought...
Current Pro's
No dumping. No apparent dilution for nearly a week. News anticipated anytime. Potential for exponential gains (right PR needed). SP at all-time low, accumulate?
Current Con's
Uncertainty of convertible status. Light volume. Confidence in CEO shaken. No news=no movement. Faccia a Faccia retail release delayed over a year.
Place your bets, pro's/con's are 5/5 and the main recent concerns. Hoping for that exponential gain PR, but it's entirely up to the CEO. We need a PR with facts and substance or we won't budge. Let's see what happens. GLTA
One day closer to something happening here. @Berge, we're ready when you are. GLTA
I'd love to see that PR early in the week myself. Sure looks like the conversions are done to me. No dumping since Pres46's post, interesting.
NO, I won't take credit for it. They stopped after this post was made:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103123796
And there hadn't been a single T or avg trade ever since that post! I think Pres is on to something here.
Agreed 1000%! That PR is the only one that matters at this point. If it can't be PR'd now, he should wait.
I'm optimistic about next week. Sure, everyone is on the edge of their seats waiting for news. Will we get the "End of conversions PR?", "Was a deal reached with the wholesaler?", "Can we finally move forward?"... All of us have asked ourselves these questions, regardless of our average.
It has been a long time coming, much of the angst comes down to what we hear from Berge. While none of us here have the answers, I wish us all the very best and hope we all do very well.
I do find it amazing that the SP is as low as it is and few are taking advantage of the low price (selling today appears to be retail, no avg. or T indicators for the past few days). I'd say our chances of news next week is 90+%. Imagine if just one of the above questions are answered, we can easily move out of the trips. The last run to .0018 we saw very strong buying and the o/s wasn't that much different than today. With the right news, we can move far past .0018. Let's see what happens.
GLTA!
AK
Exactly RGali! If it had been on the market years ago when I bought my wife's 10 year anniversary ring I would have opted for Faccia a Faccia instead (she's already told me she wants Faccia a Faccia, but she ain't getting it until it's for sale locally). I wound up buying a $2.7k ring off Bidz.com that was appraised for $8k, so I did pretty good.
Bergio has hit 100k likes on Facebook. That's pretty impressive, regardless of how it came to be.
Looking forward to seeing Faccia a Faccia in retail stores. The only reason why it's been held back from potential customers was the decision to hold out for the wholesaler. Deal or no deal, Faccia a Faccia needs to be released. When it is, I have little doubt about it's success. It's unique, beautifully designed and people will buy it. But the key is, get it out there!
ps. I do think a deal was made, but not positive. (IMO)
I agree with the point, "It's time for Berge to create shareholder value". Expecting the start to that in the next PR. Will it happen? Totally up to Berge. If it does, well that transition has to start somewhere/sometime. He knows how important the next PR is for investors.
I saw your message, I can assure you we aren't going anywhere anytime soon. I'm still confident this will turn around, likely starting next week. Berge knows we need the end of conversions PR before anything else. Whether or not he can deliver that, I don't know, but it has been communicated repeatedly by many here.
I know the SP is low but I'm sure better days are ahead. Buy low, sell high Doesn't get much lower than this!
I've stopped paying for PM capability here, my apology for not responding to any PM's going forward (send me your e-mail address if you want a reply). I want to say that I'm very pleased with the overall sentiment of investors today. We seem to be working together, more so than for other reasons. Thanks for that, guys. We can do more when we put our heads together.
I replied back to him with an L2 screenshot demonstrating just that. No response thus far.
Assuming this theory is true, how do we verify? Contact the SEC and have them investigate the actions of VNDM, VFIN, etc. as their trading style relates to BRGO? If they are strong-handing the stock directly, this seems very illegal.
I've heard from Berge, this is what he sent me. Not going to inject any commentary or opinions, I'll leave that for any replies to the following :
From Berge:
"were trying to figure out who's selling because there has not been any conversion lately the broker is telling me it's retail"
I fifth and sixty that! Krony is most deserving of doing well with this investment. His analysis of the Q's and K's, keeping track of the conversions, etc. is a lot of work. Yet, he does this for each and every one of us here (he could just keep it all to himself). I wish we saw more of this kind of dedication and selflessness, we would all be a lot better off.
I think we all feel pretty beaten up here, for a number of reasons. I fully expect a reversal and also expect a return on my investment. Berge will need to put focus on investors to make this happen. He certainly has the power to do so by delivering (Conversion completion, Faccia a Faccia in retail, etc.). Make it so...
My sentiments exactly! Good post CC. Go BRGO!
Well-said my friend! We saw how quickly 25m shares can fall off the ask when there were some big hits. It will happen again and when it does, it's going to be exciting watching all those sell orders cancel and chasing commence. This can all turn very green very quickly, won't be long. Just a little more patience, I'm certainly ready for it!
No, that's 5m not 50m. 5,000,000,000 x .001 = $5m and yes that's easily achievable and still undervalued. If Bergio lands a sizable deal with the wholesaler or Sterling, your scenario is also possible.
The way I see it, Faccia a Faccia will make it to market (likely) this month. Whether it's through the Wholesaler, Sterling or Bergio it will be released. What will determine the the interest level here is the HOW it will be released. This is going to be Bergio's biggest seller regardless, but it's got to get to retailers for it to happen. When it does, sales will improve significantly if not dramatically. Just quietly loading and holding here. To each his own. I'm looking forward to the days ahead.
GLTA
THANK YOU Krony, hopefully he'll respond back quickly.
Fingers crossed. BRGO
Haha, that's the only place you see it (thus far), a poster. But you can't see it very well from the photo.
None of the photos so far show Faccia a Faccia. Interesting? Maybe it's being shown in a different booth? Maybe only being shown upon request? Maybe they just don't have a photo of it up yet. Dunno.
More pictures that show some of the products: http://www.facebook.com/media/set/?set=a.797197936965448.1073741832.135722856446296&type=3
Just posted on Instagram from JCK: http://instagram.com/p/oobtWooK0O/
Sweet! Noticed a Faccia a Faccia poster on the back wall. Can't make out any detail on the items though, the camera resolution wasn't high enough.
I waited on 2's for about 2 weeks, changed my plan on Tues. and picked up more 3's instead. With JCK this week and a more than decent chance of news, I'm more than happy loading 3's while they were available. They will be gone in a flash regardless. -IMO
Bahahaha, that's funny!