As of now I am trading (still hopeful for profit) BRGO. I am forever searching for an affordable stock to become an investor in. BRGO caught my eye because of it's distinction of being a REAL company that is currently doing actual business in a real market place. I assume that most holders that have longer term positions saw the same things. I never paint myself into a corner. If need be, I will walk out the door on this one but I'm not liquidating just yet. Information coming shortly will decide for me. PR's will tell me what to do as a trader. Filings will tell me if I want to be an investor
I am still considering becoming that BRGO investor if Berge is able to finally seal some sort of deal and get the company moving in the right direction. Showing profitability and executing a stock buyback program is the only saving grace available to current investors at this point. I agree with the baby steps concept of opening your own store and trying to get some form of positive cash flow started instead of borrowing to the hilt to fund some mega deal in the hopes of hitting the proverbial home run. He tried that, it didn't work out, now he's slowing the roll a little bit to start building something up in a more stable manner. I know this apparent path is not good enough for a lot of current holders but it makes sense to me.
The debate over Berge's motives have been lengthy. Right or wrong, it is my opinion that he is not a scammer. Maybe his competency level as CEO is still in question but I don't think he fits the bill of your usual sub penny pos company head. Those guys can usually be traced from one bogus ticker to the next.
