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I think you are right, I hope not. But I think we will hear of some last ditch imminent funding, and after the deal is done he will BB until the A/S and O/S are back to where they were a year ago. IMO
When is the Q2 due? Monday or Wednesday? TIA
Very well thought out post, and you make some great points.
I think the question that is really eating at the heart of Quasar is where did the money go from SH if Dean has put 8 million on top of that, then we really are nowhere, and how much more will it take to get us to the finish line? If 18 or 20 million has gotten us where we are today then another 10 million or so should have us zeroed out, we are going backwards. IMO Why so much what did we buy?
VLF = very light funds in our accounts.
Did we move?
Bergio International Announces Positive Second Quarter Results
08/12/2010 08:00:02 ET
FAIRFIELD, N.J., Aug 12, 2010 (BUSINESS WIRE) -- Bergio International, Inc. (OTCBB:BRGO), Bergio International announced today that they are pleased with the positive second quarter results reported in the 10-Q Financial Statement, second quarter ending June 30, 2010.
The company reported a second quarter sales increase by 40% for total net sales of $437,893. In the first six months, sales jumped from $454,307 to $548,995. Gross margins improved by 28% in this quarter and 43% for the first six months. Also, in this quarter, the company shows income from operations of $37,762 compared to a loss of $93,191 same period last year. The company contributes the positive news to our expansion of our customer base outside the United States and the successful results experienced through the JCK Show in Las Vegas earlier in the year.
The 10-Q Financial Statement, ending June 30, 2010, indicates the company improved its current assets by 18%, decreased its current liability by 55% and improved its total working capital by $1,514,078 which was contributed by converting debt into equity. The company took a one time share-based expense charge for the second quarter of 2010 for $535,160 which was the result of the termination of our securities purchase agreement with Tangiers. The company also took a one time-share based expense charge in the first quarter for $ 242,900 for a total combined share-based expense charge in the first two quarters of 2010 for $778,060.
Berge Abajian, CEO of Bergio International, Inc., said, "I am pleased with the positive growth of the company. This was a direct contribution of all the measures that we took in the beginning of the year. I invite all of our shareholders to read our financial statements very closely, specifically the section titled, `Net Loss' found in the Management Discussion and Analysis which explains the turn-around of the company."
About Bergio International, Inc.
Bergio International, Inc. is a leading jeweler creating one of the world's largest diversified jewelry designers and manufacturers through acquisitions and consolidation in the estimated $160 billion a year highly fragmented independently owned Jewelry industry. Bergio currently sells its jewelry to approximately 150 jewelry retailers across the United States. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in the United States and Italy.
Forward-Looking Statement:
Now that is the post of the year, there has never been a comment that holds more truth then this!
Yeah but Newby hasn't been arrested or convicted yet, anyway the whole thing is ridiculous no one in their right mind gives money for a loan without the money being in escrow (.) Ever bought a house?
Nope, I can see them moving up to the big boards and having a very profitable lifetime of achievements. No where to go but up and I think they will be huge throughout the Orient. IMO
Yeah I think your right,
he'll say well kids we didn't plan on raising the A/S but every time I gave someone money so that I could get a loan and you could make a lot of money, they stole it from me so now we are broke. (no mention of where our 20 mil went) But great news we found a new lender in Twoweekville Zimbobway and they have guaranteed to us in writing that if we give them 500 million shares they will loan us a gazillion dollars.
This is bad! IMO
It seems like everything is Deans money, he is always talking about the money he loaned personal donations. WHERE THE HELL DID OUR MONEY GO DEAN?
It has actually been since 2007. Solari is a very proud man too proud, and I think that was the cause of his failure's. But his product and ability are sound, he made some real waves in the racing community. CET was taken very seriously, Solari wasn't.
Some financial backing good public relations and some new ventures and CET will be at the top of the food chain.
I'm not saying anything will happen I am just as disappointed (and red) as most here but what I am saying is that CET is not a joke there is real potential here. It could just be a big money pit- I don't know, thats up to Dean to prove to us with financial' s. IMHO GLTY
Those who haven't DD'd CET thoroughly yet really should. Look back on some of the relationships particularly the one with Steve Saleen, I know this is not what many were expecting and it seems like it could be a diversion, and we have no idea what was paid or what the revenues are. But CET has potential, just picture a Saleen racing plane with a CET engine sponsored by MS and Quasar beating out the Red Bull planes for once.
In the right hands and with good intentions this could be big. IMO
I'm not trying to say people should buy, but if CET lives up to half it's potential I think this will be a good investment.
Dean just needs to come clean and give us the AF's and a lot more info. GLTA
Thanks for posting, I am more convinced everyday that I put my money in the right place. It would be nice to see the pps higher then it is right now, sure but Just imagine where our money will be in 5 -10 years, this could be huge. IMO
Any thoughts on who keeps painting the pps at the EOD?
This is F-ing ridiculous so many buys today and we close red again. Well par for the course good news bad pps.
Thats a serious question. We have never been this low so who has acquired all these shares being sold and how? They weren't bought on the open market.
Anyone smell that?
Smells like news to me.
I can't believe that we are not going up the buying pressure is incredible. This is not good buyers will dry up if they don't let it move up. IMO
This is just flat out depressing!
You have presented facts, so I am not disputing this - But I have my own opinion on this - Jacksonville was one of the fastest growing economies before the recession hit. We were adding more new jobs,housing and commercial buildings then just about anyone else, so it was inevitable that when it stopped we would be hit the hardest. JMO
Is this our Mark, interesting article if it's related, his name is all the way at the bottom, there is also a Ruddock in here as well.
http://www.pittsburghlive.com/x/blairsvilledispatch/s_690568.html
NO! Still hopeful though, could care less if DB fulfills his life long dream or not as long as he makes me some money somehow.
Yeah I don't envy you right now. Moving sucks!
Now why did someone have to go and kill our run right off the bat?
You are correct, Alex no longer has to deal with the village peasants. LOL
This is very good news really they continue to follow thru with what they say, huge in the pink world.
This followed by a profitable Q 2 and I might get back to even on this thing, do you have any idea how happy that would make me? I would be able to look my wife in the eye again, its been so long I forgot what she looked like.
All jokes aside this is great, and the long term rewards of USOG are becoming more and more apparent with each piece of information that we get. IMO
Now I have it NEWS NEWS NEWS
United States Oil and Gas Corp Registration Becomes Effective
08/10/2010 08:00:24 ET
AUSTIN, TX, Aug 10, 2010 (MARKETWIRE via COMTEX News Network) -- United States Oil and Gas Corp (PINKSHEETS: USOG) announced today that its registration statement on Form 10 as amended, filed with the Securities and Exchange Commission (SEC) to register its common stock pursuant to Section 12(g) of the Securities Exchange Act of 1934, is now effective. The Form 10 includes a description of the business of the company, industry overview, management's discussion and analysis of financial condition, audited historical financial statements, and other legal, financial and risk disclosures.
With the effectiveness of the Form 10, the Company has become a public reporting company under the Securities Exchange Act of 1934. The Form 10 is available through the public website of the SEC at www.sec.gov. As a public reporting company, the Company will be required to prepare and file with the SEC annual, quarterly and current reports as well as comply with the SEC's proxy rules and other securities laws.
The Company's common stock is currently listed on the Pink Sheets, and is expected to be moving to the OTC Bulletin Board following the filing of a 15c2-11 form with the NASD by a registered market maker. Chairman and CEO Alex Tawse commented, "This is another positive achievement for us and should enable both greater transparency and financing capability as we continue to pursue our goals of improved public awareness and growth."
About Us United States Oil and Gas Corp is focused on acquiring and growing domestic oil and gas services companies. We target small to mid size family-run businesses with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. Our subsidiary Turnbull, which had revenues of $14 million in 2009, was founded in 1965. We own all of the facilities and equipment used at locations in Plainville, Utica, and Palco, Kansas. Our subsidiary United was founded in 2003, and sells and distributes refined oil and gas products throughout North Dakota as well as regions of South Dakota and Montana. We own and operate a convenience store in Belcourt, and hold approximately six acres of developable land located in Bottineau, North Dakota. For more information please visit our website at www.usaoilandgas.com.
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. T
I don't have this on my news yet but someone else posted this, anyone confirm?
United States Oil and Gas Corp Registration Becomes Effective AUSTIN, TX, Aug 10, 2010 (MARKETWIRE via COMTEX) -- United States Oil and Gas Corp (PINKSHEETS: $USOG) announced today that its registration statement on Form 10 as amended, filed with the Securities and Exchange Commission (SEC) to $USOG $USOG register its common stock pursuant to Section 12(g) of the Securities Exchange Act of 1934, is now effective. The Form 10 includes a description of the business of the company, industry overview, management`s discussion and analysis of financial condition, audited historical financial statements, and other legal, financial and risk disclosures.
Today 8:41 AM EST
Could not agree more, November can't come fast enough. GL
1st Open mouth
2nd insert foot
way to call em out
Power hour-This is looking more like flat tire hour!
As the russian guy in 2012 says, "this is not good"
Probably not the best day for this but I went by CET again to get a tour of the facility, they said they were extremely busy and had a deadline to meet and asked me to come back next Wednesday. So I couldn't go inside, then I caught one of the mechanic's coming back from lunch he said the building is only one floor, that the entire area that CET and Saleen have together is the 55k square feet. He did not know the extent of the arrangement but CET and Saleen are sharing the same building (working together) I saw four employees for sure they were all sweaty and appeared to have been working hard. Don't know if anyone else has been there yet, but it really is a nice building. Thats all. Sorry I'll try to get more next Wednesday.
I might need help to create a diversion so I can get in the file cabinet and make copies, any takers?
C'mon Dean spill the beans and let us know if this pain & suffering is ever going to amount to anything.
News,
Seems good that they are going to find some people to actually buy the movie now and produce some revenue. But what about the name? The name of this movie has changed 4 times! They get the name out and get recognition and then change it?? WEIRD
Mass Hysteria Closes Deal With Screen Media Films to Distribute "A Funny Dirty Stoner Movie"
08/09/2010 06:41:40 ET
Comedy Feature: "Slam I Am" aka "A Funny Dirty Stoner Movie" Written/Produced by Kevin Sepe, Directed by Bill Corcoran and Starring Leslie Neilson, Pauly Shore, Phillip Morris and Patrick Cavanaugh
HOLLYWOOD, CA, Aug 09, 2010 (eTeligis.com via COMTEX News Network) Mass Hysteria Entertainment Company, Inc. (OTCBB: MHYS) and NY-based Screen Media Films announced a distribution alliance for ribald comedy feature "A Funny Dirty Stoner Movie" written by Kevin Sepe and Tom Alexander and produced by Kevin Sepe. Current release date is February 2011.
In the vein of revolutionary comedies such as "Family Guy" and "Kentucky Fried Movie," Slam Slamsky (Patrick Cavanaugh), the king of MeSpaceTube.com has decided to focus his creative talents in the world of advertising, but his outrageous sense of humor isn't always in tune with the rest of the advertising community. "The movie is filled with laugh out loud moments and fills the niche of no-holds barred comedy that we believe is under-served in the marketplace," said Mass Hysteria Entertainment CEO Dan Grodnik. "We're excited to be releasing this funny and irreverent comedy that has such a clear and receptive market," said Robert Baruc, president of Screen Media Films.
About Mass Hysteria Entertainment Company, Inc: Mass Hysteria Entertainment Company, Inc. is a new multi-media entertainment company that was created to produce films for the young adult market with an interactive component. "Mass Hysteria movies engage the audience in ways we believe will change the filmic landscape," said CEO Daniel Grodnik. The company website is www.masshysteriafilms.com. For more information or media inquiries, please contact info@masshysteriafilms.com, +1 (323) 956-8388.
ABOUT SCREEN MEDIA FILMS
Screen Media Films acquires the rights to high quality, independent feature films for the US and Canada. Screen Media's theatrical releases include The Private Lives of Pippa Lee starring Robin Wright and Keanu Reeves; La Mission starring Benjamin Bratt; and Merchant Ivory's City of Your Final Destination starring Anthony Hopkins and Laura Linney. Since 2001, Screen Media has released more than 150 titles including Lymelife, Sherrybaby, Noel and Bustin Down the Door. Screen Media Films is a wholly owned division of Screen Media Ventures, LLC.With a library of over 1000 motion pictures, Screen Media Ventures is one of the largest independent suppliers of high quality motion pictures to U.S. and international broadcast markets, cable networks, home video outlets and new media venues. For more information, visit www.screenmediafilms.net.
Forward-Looking Safe Harbor Statement:This press release contains forward-looking statements that are made pursuant to the safe h
I think your right, I was thinking about it a lot this weekend and I may have exaggerated the size. But the building was very tall which has me wondering if there is an up stair, I'll find out, and yes CET has half of the building.
Sorry I was out of town this weekend, I feel better only because I saw with my own eyes what appears to be a legit business and that is something, it didn't appear to be the empty shell that I was expecting, that made me feel better.
With that said I do wish that we were more focused on the aerospace industry and MS and funding is still an absolute necessity, hopefully DB comes thru with it.
And yes the pps sucks, I was not trying to pump or say that this is earth shattering only that it's something and I am still questioning the motive behind only giving us one of the promised acquisitions. We will see. GL
Thats true- the army contracts only offer the potential for future profits, when they are awarded a contract for R & D the majority of that money is meant to be spent, therefore it adds no immediate value to the company. this thing is overdue for a pop, combine that with some good news and we could take off. And the Asian market will be our first real source of income, unless some sort of legislation is put into place. IMO
I thought the same thing, then again it could have been a weekend. A space like that has to be about 10k p/month, there is defiantly still a lot that needs to be discovered.
Agreed, that will be a brutal blow, if he doesn't produce the audited financials at this point. But I do feel better today then I have in a while.
GL
It was kind of typical maintenance type facility, it has glass fronts, it's no dump, its pretty nice. It' actually 12 different units looks like CET has 6 saleen has 5 and there was a small business on the end. If you remember, when you went past the Toyota dealership about a quarter mile down on the left there is a self storage place, it is immediately before that