My posts are only my opinion. Everyone approaches investing/trading from their own angle. Please do your own DD and make your own decisions. GLTA!
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All the great news and nice volume...and a price sits. CEO drops prs not for shareholders but for note holders.
Excellent. How many hundreds of million shares will we(not Bergio, we, or rather you) have to pay for this ?
Wow great PR today. Wonder why the price is up only 1%?
Yes quite a few times. It’s a trade, not an investment imho
You obviously haven’t traded here for very long. Dilution has stopped this dead in it’s tracks many many times.
Charts don’t really matter with constant dilution.
It's really driving the stock price...hugely.
Latest O/S:723,221,379, as of 09/07/2021, "only" about another 40M increase. FYI, a year and a half ago there were about 590,000 outstanding shares.
FYI I don’t have private message here so I can’t answer you.
Still trading this from time to time. It doesn’t go straight down, there are pops here and there.
Nope I’m extremely gruntled.
If there is no expectation of further dilution, he wouldn't have raised the A/S from 1b to 3b fairly recently. Interesting in that we had the huge volume day on 8/13 with the stock closing barely higher, dropping to the red soon after. Last O/s update was on 8/12, one day prior. I wonder how many hundred millions were added to that last update and how many more are being added today.
In addition there were approximately $1.9M in convertible notes taken since June of 2020. Unless they were paid from proceeds of the S1, you can bet your ask there will be LOTS more dilution coming down the pike.
Nope. No one knows nothing.
And just like that the sharks and pumpers are gone again...
Nope. Not just this but there are more notes outstanding, plus both acquisitions will be financed with convertibles. That’s what I meant about bumping the A/S. Either that gets raised or another R/S
That’s probably the point. They updated it yesterday morning before the dump. It’s probably far higher today
New O/S: 658,877,486, "only" 78million share increase from last month. Interesting that in the box, the O/S shows as 90M in January, only 7 months ago. Since then it has increased 6+. We'll be bumping the A/S much sooner than anyone can imagine.
Note holders. They get a discount so they’re making profit, while you aren’t .
What’s the over/under on the O/S increase since the last update over a month ago? My guess is 300m.
How do you think they’re paying for the two companies on a $600k/year pre-acquisition revenue. Before they’re paid off, along with the loans pay off the defaulted notes plus the several hundred thousand in new notes, either the O/S goes to about 12b or they r/s...again.
Latest O/S: 580,512,073 as of 07/06/2021 another 60 million increase over a month ago.
Notice the high volume/low price movement. One thing the CEO is great at here is putting out news when it's time for everyone he's paid in shares to cash in. They get theirs at a discount. We do not.
More like noteholders dumping. Who is taking profits at .008?
If it was once, I’d agree with your “only”. But it’s constant and the filings show it will continue indefinitely.
Wow, "only" 40M new shares added to the O/S: 521,083,502 06/24/2021
Wow such massive news yesterday. Why is the price lower then? Where are the Hail Marys?
Next? A couple of billion.
Ha ha, it’s not that simple. Total up the loans he took to pay off the defaulted notes, then add the notes he’s taken since, then add that he has to pay for both companies he “bought”, then add in that BRGO’s last two years totaled less than $1.2m revenue. We’re probably talking at least a few billion shares.
So why aren’t we at .083 instead of less than 1/10 of that?
Except it’s not $40m revenue with 418m shares(actually it’s 481m but who’s counting?). It’s the current O/S plus what’s to convert on the several convertible notes plus, paying for the loans he took to pay the defaulted convertibles, plus we still have pay for those two companies. And how do you think a $600k/year revenue company pays for its acquisitions?
He has said that before EVERY reverse split in the past, that there is no plan to do so. He actually told his largest shareholder on Thursday that he had no plan to reverse split, then the PR announcing the reverse split, and that the paperwork had been filed a week or two before, came out the next day. He only has 3b shares to work with and a whole lot of convertibles. He either raises the A/S to great heights or he r/s’s again. Not tomorrow, but a lot sooner than you can imagine. The OS is increasing very quickly these days and will only go faster as the price goes lower.
We’ll get there quicker than you can imagine.
Well he said no r/s last time.. and the time before. Actually the one in 2014, he told his largest single shareholder there would not be a r/s, several days after filing the paperwork. The announcement came the day after.
Only, 481m...today. What will it be next week or the week after. If you’ve noticed the O/S increases by larger amounts each time. One thing the CEO is really good at is death spiral financing. He’s a master.
$1.6m in new convertibles in q1 plus another $1.3m in loans that Aphrodite owes. Plus we still have to pay for Aphrodite which will be done so in shares as low as .0015. Wonder how he/we pay for all that. Nice increase in revenue offset by not as nice increase in operating costs. Plus the O/S goes up by larger amounts every week or two. There is definitely another r/s in our not too distant future here.
This one didn’t age very well either. 481m now. Coming very soon to the point where you call stop calling this “low float”.
O/S is only not higher because no one is buying the direct shares to the public. Have you looked at the terms of the Aphrodite deal? The O/S will keep rising and rising. Plus he still has to pay the loans that he took to pay the convertibles from 7 years ago. Where will that come from? O/S has tripled from when you said it was ending.
This one didn’t age well.
Pretty embarrassing to have him presenting. He’s been in business nearly 30 years, has sold billions of shares for many millions of dollars and last year sold $600k of jewelry.