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As always, great points Krony! I'm anxious too, I want to see hints of what is expected to transpire. I do believe they will by the May-June timeframe. I know Berge does read this board, at least from time to time. I hope that he can provide some update on where current business stands.
I don't think it's too much to put everyone's minds at ease regarding a r/s (though, doesn't appear it's in the imminent plans, we don't have a current update on his stance). If a plan is already in place for launching Faccia a Faccia in June, which it appears a good possibility even from the Bergio FB page (new artwork added on Fri.), he very well could PR that a plan is in place without stating any details. The product is beautiful, but it's been in limbo for a year now. Updating shareholders, even from a high-level would do wonders.
The dilution is still a concern, we've heard it's ending for quite sometime. We need something we can sink our teeth into. Even an "expectation" that notes will be cleared out by months end - that alone would trigger enough buying that it would happen. Something...
I remain very positive about this company and stock. I do foresee great things happening here within the next month. But I think it's time for shareholders to hear from the CEO, just his honest take of where we are and what he has planned. It's just good business. We need some reassurance that the future is as bright as many of believe. Including myself.
GLTA! Go BRGO!
I'm honestly not sure. From the looks of things last week, we had some shares still converting. We all saw there were T-Trades indicating notes did convert - albeit small amounts. That said, I think we'll see the note conversion completion PR later rather than sooner. I hope that isn't the case, but that is as it appears. We haven't received any update regarding the Typenex note, did it get financed in non-toxic terms or are we seeing portions of it dribbling through? Noone knows.
If what we have been told in prior PR's is/has come to fruition, we may hear something about the wholesaler deal in the coming weeks. It would be my assumption that something would need to be in-place prior to meeting with Sterling in June.
I honestly don't know what the hold up is keeping investors informed. He could at least PR that he has no imminent plans for a r/s. He could PR the current status of the Typenex note. He could PR a timetable when the note conversions will be completed. He could PR the current status with the wholesaler (good or bad). He could PR something about Sterling's plans for Faccia a Faccia. Yet, no PR recently on current business.
I give our chances of a PR this week at 20%, increasing by 10% each following week. I do think we'll see a massive turn around when these things come to fruition, but it won't be on my timetable. It will happen when it happens.
I think this year will be very different. You'll also recall, it was after this show that we began hearing about the wholesaler's interest then later Sterling as well. Unfortunately, yes, it's taking time to roll out Faccia a Faccia. However, it's May-June when large distributors plan out their lines for the Holiday season, there likely wasn't enough time to get the deal in place for last year as the product was released during the show. This year is setting up to be very different, but we'll see how it plays out.
This time next year (or sooner), I'll be posting an advertisement from Kay showing Faccia a Faccia. At least, hopefully
I just saw an ad for their LEO diamond imaging how the Bergio ad will look like lol.
Faccia at JCK ...
From this link (scroll down): Click HERE
Bergio at JCK 2014
Link: http://hosted.verticalresponse.com/280837/35dc2664e1/TEST/TEST/
From the depths of Bergio, we present the newest additions to our highly popular collection, Faccia a Faccia. Inspired but the warm embrace of a loving kiss and the swirling passionate emotions of two lovers locking lips, this combination of fancy diamonds and other precious stones flirt with eloquent gold curvature to represent an everlasting kiss. Click here to view the collection in an array of different color metals and stones, sure to match any outfit or mood.
Bergio is excited to announce its upcoming exhibit at the illustrious JCK Las Vegas 2014 Jewelry Show, where the industry's newest fashions and trends make their debut. Throughout the years Bergio has been known and recognized as a trendsetter in the industry, always experimenting with new styles in order to stay fresh in the midst of stagnancy. We are looking forward to introducing the newest additions to our collection, including the popular Faccia a Faccia.
Yes Sir! Agree, it's going to be a fun ride. I'm ready for Berge to hit the "Go" button.
Agree, one of two things can happen here. Either they dump (apparently they don't want to do so), or we force them out by dropping a big buys on the Ask to clear them out. Not sure which will happen, but it may take us buying on the ask to push them out. We know from Krony's message yesterday they there isn't much left, so that is a good incentive to clear them out. JMHO
Completion of the notes will be huge for Bergio. It won't be just elimination of the notes, it will be elimination of the only real negative force holding this SP down. Those who have taken advantage of the low price are going to be in a great position going forward. That PR can arrive literally at any moment.
The other deals Berge is working on is going to take BRGO to a whole new level. In all the years we've been here, this is the most exciting time for Bergio. I see a metamorphosis underway, right now we're in the cocoon, but about to break out and spread those beautiful wings! GO BRGO!
Give it a try, it doesn't do the same thing. It's "slightly" smarter than most of those type pages in that this does check to see if it's a valid symbol and is able to determine the type of industry.
Thanks RnR, still don't get it. 150k of the (original) Fife note converted, the remaining 100k transferred to Typenex (which wasn't converted). So, please excuse my ignorance but what's the question?
The bottom line is, there is a 100k of unsettled debt as a result. Based on what we know, this will be converted to non-toxic terms. Please correct me if I'm wrong here. I see that as a positive, toxic debt -> non-toxic debt. Right?
I suppose you could just read this...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99224263&txt2find=john|fife
No Squirming necessary, as reported by Krony on 3/21/2014 (a month ago to be exact) and with a more detailed explanation:
Correct, the Typenex note(John Fife IS Typenex) was the last $100K of $250K that Berge drew down during 4 tranches from February to July 1. Assuming the 6 month anniversary date, this $100K could(not to say it did, but could) have begun to convert on 1/1/14.
Just printed, 10m form T @.0003.
Thanks, I feel like we are deserving of an update on current business. It's not too much to ask.
I think one of the main reasons why Bergio's first airing on shopNBC (at the time) was such a great success and sold-out of many of the products was due to US. Many here, including myself, bought several Bergio pieces as we watch our company and CEO on TV. The products that I bought were beautiful and my wife and mom both loved them as gifts.
PR's coming from the company should be considered at least in part as marketing. Many future Bergio customers could very well be shareholders. Something else that should be considered. Show us the value in the company, increase shareholder value and he'll have a large following of supporters that will help take the company to a new level. Something that should be realized.
I have no doubt that Berge is busy running the business, developing new products and working some deals that will take Bergio to the next level. However, since WE have been the financers for this company though our stock purchases, I do think we should receive more updates from the company than what we have seen thus far. Even a simple PR stating any of the following:
"No imminent plans for a r/s exist"
"Future deals are progressing well and details will follow"
"Funding for the Typenex note, with non-toxic terms, has been completed"
"all notes have converted and are Done"
"The wholesaler deal has been signed and approved by both parties."
At least one of the above, I'm sure, could be done right this second and would settle the nerves of those who believe in the future success. It's imperative that shareholders are kept in the loop. I hope we begin to see some updates this week, not for a pump-dump but to show progress and further confirmation that Bergio is a wise investment. I have no doubt that it is a wise investment, but confirmation has to come from Berge. It's the confirmation that is needed here to move us out of the cloud of doubt and stagnation. Go BRGO!
GLTA
We shall see...
Not so, he's securing larger partnerships with the largest players in the industry. Seriously, Sterling? Doesn't get much bigger than that. All notes converted PR, wholesaler deal, Sterling... It's all good.
Yes, I think the very near term we'll see some positives released from the company. I won't recommend sell levels or anything like that, up to each individual to decide. However, I can't help but think about that image that Krony posted yesterday "Every kiss begins Faccia a Faccia". That and knowing Sterling was mentioned in a recent PR (own's Kay, Jareds, etc.) and that the wholesaler deal is progressing. Then Berge reassuring Krony that the use of that trademark was just fine.
I get the impression, based on all known information, that between now-May/June we will be seeing steady news that will exceed our expectations. Berge is pursuing deals with the biggest players in the industry. He has the products that people want, including of course, Faccia. Can you imagine what will happen when Bergio products are being sold in Kay stores throughout the USA? It could make many dreams come true. But first, we need that PR that the notes are done... The rest will push Bergio to new highs.
The r/s fears that have been spreading recently are not a fear here. Berge proved no new notes in the 10k, holding true to his word. The filing yesterday further confirmed no r/s is likely. Without a r/s looming over us, why sell? This is perhaps the last time to load in the trips. I've said it before and can man up that I've been wrong before. But given what I know today, I don't see anyone buying having anything to worry about.
GLTA
Hilarious. <snip> He's manipulative. <snip> all this has been well calculated. <snip> Just watch and see.
Bahahahah! Love it. Some should consider making an early trip to the grocery store and stock up
I hear ya buddy, me too! Held tight and glad I did. Hoping we see something early in the week. We shall see...
Is it just me or does this S-8 filing further clarify the decision not to r/s? With what Krony posted and now this filing, it would not make sense. I just hope none of us longs fell for the fear yesterday. That said, can't wait for next week! Go BRGO!
Thank you Krony for asking him this, a huge relief to many here that were doubting. Have a great Easter Holiday!
For the record, still holding every one of my shares - hadn't sold a single one. If I had some cleared cash, I'd have added more today for sure. Would have loved a 20-40% discount but not worth the risk to sell for a 1 tick flip. Not for me anyways, not why I'm here.
I believe Berge will hold true to his word and I do expect the PR that the notes are done, that is when they truly are. After today's action, pretty clear there were some left. Then again, they could be flushing out their remaining inventory, just don't know. We won't know until the PR arrives. Today was mostly jitters.
I think next week we'll bounce and do so for some time. JMHO
Dan, thank you for this post. Finally, someone has been able to reason. He said he won't do a r/s, he said he wouldn't take out any more notes (and proved that on the 10k). All this selling, fear, etc. is just that fear. Look what's driving that fear... yeah, obvious.
Folks need to open their eyes, it's not the 10k, it's not the PR - seek right here on this board. Really hate to see some long-timers get so emotional, dump and miss everything they've invested their time, effort and $$ into. That will be more tragic to me than a r/s 6 mo. from now when the SP is healthy and can sustain such a decision.
If I wind up being wrong, I'll man up to that. But I do think the next week-month will be a great time to be invested here. But then, I've never been the conformance type.
GLTA
Wish you (and us all) the best h4b! One thing is for certain, it's never dull around here
Agree Krony, patience is the key here. Let the big boys do what they do best and scare folks out of their shares right before the big move. This little guy has no problem weathering any storms that may come.
bye bye 5's
100% agree here Krony! After every 10k, 10q, PR we had more notes being shoved down our throats. That time is at it's End-of-Life. Not having to concern ourselves with that going forward will be a tremendous weight off the stock and allow it to maintain gains. I'm pleased with this 10k, would have liked to see more sales in prior quarters but the 4th quarter was outstanding. The liabilities HALVED is a tremendous accomplishment.
I'm anxious now to see what's in the follow-up PR (assuming he does), that has always been the highlight of the post-10k release and the catalyst that kicks off our runs. Some info about the wholesaler and/or Sterling, end of conversions, etc. would heat this bad-boy up.
GLTA
He held true to his word, no new notes were issued. Liabilities dropped by HALF of 2012 and maintained sales levels in the process. WOW!
Whatever happens will happen big. I'm thinking good thoughts, my bets are placed.
5's gonna get taken out or what?
Or the opposite Yeah, probably not...
Ewwww...
Hopefully he'll pull through for us. We'll know soon enough.
Bid just jumped to 206m!
No, it doesn't have to be "cleaned up" at this point. Without any new notes since Sept. 2013, we are in far better shape to sustain any gains at this point. The reason why we always dropped in the past, was due to the notes. We don't have that baggage anymore.
Any minute now... for the next 4 (or so) hours. Historically speaking, we've had some of our biggest runs in April after the 10k's have been released. Check it out... Will history repeat itself?
2 year chart here