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No, brgo did not 'turn a profit last quarter. It lost money like every other qrt, just less than normal.
IKR? So far people have invested $511 in BRGO today!
1005 RIGHT. cHANCE OF HAPPENING 0%
LOL, scum bum Berge ain't actually 'doing' anything with bitcoin, at least nothing productive. It's just more mis-direction to fake out the market adn lure unsuspecting investors into forking over their hard-earned money in exchange for worthless shares.
I don't know why not...the CEO has focused on everything else over the last 5 years...belts, hats, watches, scarves...
The next 10Q will give us a good idea how the new strategy is doing. It will be the 1st qtr with full qtr sales (or close to full qtr). My gut is they are not making enough sales to justify the stock at this price. If I am right, and I've been right about BEBE the last 9 months, I think we are looking at a share price that will settle between $1-$2 dollars
Berge near B-A-N-K-R-U-T-C-Y, on the VERGE
But he still has the urge to SPLURGE
So the money in your pocket he needs to PURGE
And with his own pocket it will MERGE
Then he'll have a cash-flow SURGE
And all you'll be left with is this crappy DIRGE
SRAX Going crazy in pre-market trading due to release of 55 page 'white-paper' showing path to market for individual data selling / data control technology.
I saw it was over $6.00 at one point this morning around 7:25am, maybe going higher...
scumbag CEO berge...just like the old saying, 'Scratch a liar, find a thief'!
+1. Great DD stemcell!
Berge's statements would be relevant if it weren't for the fact scumbag berge is a liar.
Bid is dying...looks like Reverse Split is just around the corner
"A new idea and concept"
Berge's ideas never pan out...belts, scarves, watches...
I've said several times all berge needs to do to make the stock go up permenently is, 1) make good jewelry, 2) sell at a profit, 3) stop diluting stock.
berge is like the jeweler version of someone who wants to lose weight and will try every scheme under the sun except diet & exercise.
This will run to a minimum $5 and probably $6 in the next 30-45 days.
scumbag berge would LOVE for people to get the 'impression' he is going to do a buyback. But he never will, a buyback is the complete opposite of his business model of selling worthless shares.
Scumbag berge does own a few shares of common stock, but they are worthless just like everyone else's. berge don't mind, he owns the PREFERRED SHARES and that is what controls the company and assets. Also, when the company goes bankrupt, only PREFERRED shareholders are entitled to any remaining assets, common stockholders get NOTHING. scumbag berge may be a thief, but he is a smart thief.
For those of us who've been around awhile, the BRGO cup is 99.999999% empty.
LOL! CEO berge's tweets are the most un-newsworthy tweets I've ever seen!
I'd love to take CEO berge to court, but that takes money and usually you don't get your losses back. Hopefully at some point the SEC will get involved and berge will get justice.
Is this still an actual active company? Please no 'pumper' replies...I was in this heavy 2-3 years ago and lost a lot. Sold most but still have a residual 118k shares which amount to a whopping $11.80. I'd like to sell at $.0003 so I could at least walk away with $35.40 (minus commission). Is that ever going to happen?
Good DD pop!
TrendTrade...can you tell me what you meant by that, not understanding the references...thanks
Officer Salaries, if officers are employed in the day-to-day-business of the company, are 'Operational expenses'. As well as the direct costs associated with those salaries, taxes, insurance, etc...
No, that is not what it is like at all. Showing a net profit because you sold an asset, but still losing money OPERATIONALLY means you were profitable because of a one-time event that is not going to repeat itself. And on-going OPERATIONS, which are what the company does every qtr of its existence, are not profitable.
One-time events, when profitable, are nice, but are nothing to base the future on because by their nature, they are one-time events, not repeatable.
I didn't say net, i wasn't talking about net. I said, repeatedly, I was talking about his profitability from OPERATIONS. That's what I was talking about, that's what I am talking about, profitability from OPERATIONS. Hence the pic of the actual Inc statement showing actual losses from his operations.
QTR ENDING 9/30/2017
LOSS FROM OPERATIONS...OPERATIONS...OPERATIONS...OPERATIONS
($49,845)
LOSS FROM OPERATIONS ($49,845)
6th line of the Income Statement
Wrong... ridicules LMAO... Again after reading the Filings we can see that isn't the case here.
Flagship nor another other store is profitable. No operational profits from brgo in 8 years...or is it 9 years
I didn't say he was not meeting legal reporting requirements. I pointed out repeatedly that the legal reporting requirements allowed him to keep these items hidden for up to a year.
Gross Profit and Operational Profit are (2) different things.
Gross profit does not take into consideration General & Administrative expenses (basically all the indirect costs of doing business).
Almost all failing business have gross profit. It's not being able to run the ENTIRE business at a profit that bankrupts companies.
I told no lie. If I did, quote me where I told a lie, and explain.
BRGO had operational losses in every qtr of 2017 and the 30 quarters before that.
A 2nd store when he can't make the 1st one profitable?
Reminds me of the old saying..."We're losing money, but we'll make it up on volume!"
ROTFLMAO!!! Too Funny!
How do you know it's FAKE NEWS?
BRGO an absolute failure. CEO is a lyin SCUMBAG. Another predictable PR that says absolutely nothing. Another pathetic attempt at a run based on empty PRs and no substance.
Truth is there, it can be seen if you look.
Jaime, you've always been polite on this forum so i respect you even if I disagree with you. But I cannot think of one single business decision the CEO berge has made in the last 8 years (I've been following bergio that long) that has been good for anyone but himself.
And don't say 'paying off the notes' or not doing convertible notes anymore. He hasn't paid off the notes yet and not borrowing was a decision that was forced on him because he can't.
Everything he does is done with one person in mind, himself.
LMAO!!!!!!!!!
Exactly how 'large' could that diamond manufacturer be if they want SCUM BUM LYIN berge to be their exclusive distributor???