Tuesday, May 13, 2014 2:18:43 PM
If we get back to the main reasons why many of us here, it has to do with the potential that Bergio has. Few stocks trading in this range have products, even fewer with sales over $1m. Bergio has hundreds of products that sell for $400-$100k+ each that look beautiful. By far the best-looking line is the one that isn't being sold right now, Faccia a Faccia. *IF* what has been PR'd previously about a potential deal with the wholesaler and/or Sterling has been made (or is made), as expected, then the potential would be realized by increased sales and corporate growth. It would be the start to something much bigger. You have to hand it to Berge, he's working with the largest players in the industry. He's respected by them. Sure, many here are not happy with the notes and low SP (I'm not either) but this is the pre-game. Once the season kicks-off, the price of admission will go up as well.
The bottom line, Berge MUST address the conversions before any signed deals are communicated to investors. That needs to be out of the way as to not hinder the true potential of what the SP can become. Perhaps that's what he's waiting on, maybe the note holders are dragging out their conversions and his hands are tied... I don't know. I do expect the note holders to hold and sell at various levels along the way, but all conversions MUST BE DONE before we can truly realize the benefits of a Wholesaler and/or Sterling deal.
If it happens in that order, there will be many happy folks here. If not, there will be happy folks at some point, just at a far slower rate than if the notes were converted prior to the deal announcements. If it happens the way we hope, we'll all be Kicking our Ask for not adding more down here.
All IMO,
AK
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