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Hi Krony, can you share please? I don't have PM. Did he address the convertibles?
Is a RS a must? Can we move higher without a RS? I'm afraid that a RS may cripple some investors up
If the 30 million award is after RS is a lot, way too much
My question is whether the additional 30 million shares for the potential CEO compensation package will be adjusted if a RS takes place or the 30 million will remain intact after a RS
Do you realize that someone bought 100+ million shares at 0.0002 right? 50% ROI is very nice
Many companies operate with 5+ billion shares in the OTC markets with no issues. In terms of return companies rather use the pump and dump scheme to attract new investors instead of pay off debt, that's unheard of. In your words, he probably collected $100K issuing shares (just an example), pay $100K in debt, and increase AS to collect $100K again? I know Berge is not brilliant, but that's beyond dumb
So the company paid debt with money they collected issuing shares, so they can yet issue more shares? That sounds like a brilliant plant.
Most likely this post will get deleted, but I have to ask, what's your agenda then? Are you alerting people not to buy this piece of crap, yet you are accumulating a ton of shares? I don't think that you're actions are illegal, but how about some ethics?
Did you call the TA? Please do so
Are you taking his 30 million shares as part of his compensation plus $50K for relocation, and 55% of his base salary as a cash incentive?
Wow, his salary is a little outrageous, isn't? He better take this company to the promise land.
You are probably right, but my question is why clean the books? Why reduce liabilities? You wouldn't pay your credit cards if you are going broke, would you?
You don't speak for the entire continent either. Just because you lived in Italy and Europeans take naps is not a slam dunk for the imaginary ice cream.
Off course you have evidence to support your claim that smart shoppers trust anonymous reviews of a controversial website to make purchasing decisions.
Yep, you are 100% correct
http://consumerist.com/2014/04/04/yelps-controversial-business-tactics-contribute-to-2000-complaints-received-by-ftc/
http://transitionmarketing.wordpress.com/2013/09/30/the-ongoing-yelp-controversy/
Maybe users will come to Ihub to find reviews about Bergio
This is the OTC markets. Everything is a piece of crap till it becomes a brick of gold. BRGO is not the best penny stock neither is the worst, period. In the end this is just a penny stock, no need to feel in love with it.
Are you serious? The ice cream does not exist, BW's trip was a vacation, you living in Europe, and Europeans taking naps is completely irrelevant, the ice cream is nowhere to be found. Wouldn't be a better idea to promote the ice cream in US first?
I always had the impression that BW was selling shares through BBDA while funneling funds from other operations using a different LLC. In the end is a win- win situation for him because he gets to finance his hobbies selling shares while reading money under the table using different companies. This is the reason why he spend so much in racing, in the end is all shareholders money. Everybody with half brain would have notice that NASCAR is not the most efficient avenue to promote Koma, but we all know by now that the not BBDA item is not the drunk, but the shares.
What I meant is that the product is not even available, if the ice cream ever become available, BW will have a hard time to cover the US market, so trying to promote the product in Europe is completely dumb
Probably he wasn't, and BW wasn't supposed to be there either. What is the purpose to go to a dairy conference in Europe when he can barely keep up with the American market. That's a complete oxymoron
Ones here we come, lol, sorry, but that update was total garbage.
Wow that was awful and painful at the same time.
My point was that the relaxation market is saturated and price ranges are about the same with only small variations, so people will pick items based on quality and ingredients. In that field Koma is way way behind. The CEO blew any chance of success by concentrating in bs instead of concentrating in improving the product. Even loyal shareholders giving the chance of picking between Koma and a healthier drink, they will pick the healthier one.
I don't think that an average Joe would spend $1.99 for a relaxation drink when they can buy a bottle of Melatonin for $3 and have the same results. Choosing between Koma or Neuro or Marleys people will pick the healthy product all the time, specially if the price is in the same range. Koma miserable failed in Walmart because Walmart consumers go to that store to buy cheap products.
So you are saying that people that pay $1.99 per can don't care about the ingredients of a drink? I kindly disagree.
Sorry, but I don't understand your point, are you comparing Koma to beer?
The relaxation industry is a complete fiasco, and anyone thinking otherwise have some serious issues understanding businesses and the market. The energy segment was a success because the only substitution is coffee or high priced energy supplements like taurine. Who is his right mind is going to spend $1.99 to drink grape juice+sugar? People can buy Melatonin and called the day with no unpleasant grape flavor on their mouths.
Happy for you that you added a chunk at the 0.052~ range. I wanted to do the same, but didn't have money on my account.
The relaxation industry as a whole is somehow a failure. Who is going to buy a can a Koma for $1.99 when they can buy a bottle of Melatonin, Valerian Root, or Kava Kava, among other things, for $3.00, have more dosages, and avoid all the crappy chemicals and sugar. Penny stock relaxation companies are in competition not to sell the product but to sell shares, the most valuable product. Why else would you have people that claim to be long in the stock posting 24/7? If the company is so almighty good, PPS will increase in its due time.
I found that pretty odd too. I mean, why would someone go to the board of a rival company and promote the stock rather than the actual product. Way too many conflict of interests.
Can you show the picture please?
You do realize that for some reason PPS is hanging there because of the ice cream pump, right? PPS should be 0.0001 with so much dilution
Looks like someone dump a big chunk at 0.0003. That was no retail, that smell dilution from a mile
Too many shares hitting the market. I think the strategy is clear. We fixed the legal problems awarding millions of shares that will hit the market. This go down down, we do a RS, bring the big boys, and Lanza, as one of the most brilliant man in the universe, keep enjoying his fancy lifestyle while Ted is completely clueless about anything, but as long as he can get to bed with the big guys everything will be fine.
I wouldn't have. PPS is clearly heading south. The company awarded millions of shares for the settlement and those shares are eventually going to the market. The science is outstanding, but management is atrocious. As long as they are able to keep their lavish lifestyles, investors are doomed. I am starting to turn to the dark side, but honestly the only way around is to take small investors to the cleaners. Even the company said at the CC that they are looking to attract big investors now, sad, but true.
I don't even understand your question.
Maybe the IRS didn't catch him because his company, like many penny stock companies, does not even exist. What technology has to do with it? Thousands of companies operate in the OTC markets and the SEC turn a blind eye to that, and the IRS doesn't even care. Let me see, would we go after a fat turd that is scamming average Joe, or would we go after companies making billions, though decision.
Well, you are missing so many points that I really don’t know where to start. First of all W2 forms are not for interests, maybe you meant to say 1040? The reason why the IRS caught that is rather easy because the IRS get information from financial institutions and companies about income, so before John Doe with SSN XXX-XX-XXXX fill his taxes, the IRS already know how much income he should report, no rocket science, just matching principle. Now, John Doe can commit tax fraud, and the IRS will not catch that unless they do an audit, are you following me? John Doe can claim extra dependents, false education credits, or exaggerate his deductions. So, how in hell the IRS would know that BW is committing tax fraud without an audit? He can be selling and not reporting (selling cash perhaps?), and unless someone report it, the IRS will not intervene, and even if someone report it, the IRS may not intervene, so your theory is completely bizarre. He could be selling stocks to toxic lenders and putting the money overseas, but still nobody will intervene. A CEO of a mediocre startup with no revenue just bought a boat, what that’s reaching. People commit tax fraud and scam investors all the time and never get caught, with so many people around, do you think the IRS and the SEC have the time and resources to care about a fat piece of crap in North Carolina? Companies get away with fraud way too many times, investors just write off their loses in their taxes and everybody move on. Once in a while the SEC and/or the IRS come cracking some skulls just to pretend that they are really working, and they also move on. Do you think that the IRS and SEC care about an average Joe that lost $1,500 in penny stocks? So, to answer to your question, yes, scam, illegal companies go unnoticed all the time. Even if a group of angry people complain, authorities just wouldn’t care, nice try though, A+ for effort.
Good luck taking the almost one billion ask wall down
Or discounted shares that he later dumped to the market for a profit. We just have to follow the money trail to see what's going on.