Followers | 26 |
Posts | 2336 |
Boards Moderated | 0 |
Alias Born | 05/05/2010 |
Monday, November 03, 2014 9:29:33 AM
http://finance.yahoo.com/news/bergio-international-secures-funding-140000357.html
FAIRFIELD, NJ--(Marketwired - Nov 3, 2014) - Bergio International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company"), a leading international jeweler, today announced it has entered into a secured convertible promissory note with Eliad Research & Trading, L.P. for $450,000 which was executed on October 17, 2014. This will serve as a credit line from which the company may draw upon as needed.
Berge Abajian, CEO of Bergio International, stated, "We are very excited to be able to secure this needed extra funding. The terms of this funding are both friendly and non-toxic as these convertible notes can only be converted at a small tranche on a monthly basis. This also presents us with the opportunity to pay it back if we so choose. Our goal has been to establish a friendly long-term relationship with a single funder, as opposed to several funders on potentially toxic terms. We believe our relationship with Eliad serves this goal in terms of our long term funding needs."
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM