![](https://investorshub.advfn.com/uicon/184006.png?cb=1510566225)
Friday, February 10, 2017 11:00:52 AM
Bergio International,Inc.'s (BRGO) CEO Berge Abajian Sets New Agenda for the Company to Enhance Net Stock Holders Equity
FAIRFIELD NJ--(Marketwired - Feb 18, 2016) - Bergio International, Inc.'s (OTC PINK: BRGO) CEO Berge Abajian announces that BRGO will begin implementation of a new plan to get the Company back on track to success. The Company has already taken steps to maintain its public disclosure on OTC Markets by remaining current in its reporting obligations. Corporately, BRGO is considering amending its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These securities will then become available to the common shareholders. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free. The next part of the plan is to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.
Berge Abajian, CEO of Bergio International, Inc. says, "This new plan is absolutely necessary in order to attract investment into BRGO. We will also be able to restore investor confidence, if we commit ourselves to remove affiliate& non-affiliate debt, and build net stockholders equity on the balance sheet. This is a process that we are committed to forging ahead with, our resolve to complete those tasks are a function of effort, teamwork and time".
He further states, "We have a team of very qualified professionals that will implement this strategy and our mandate, moving forward, BRGO will seek to have more of a transparent dialogue with its investors, as to the clarity of implementing those objectives. As we meet certain milestones, the investment community will be made more thoroughly aware through public disclosure and record."
beware of the pump it will leave you in the dump
Recent BRGO News
- Will Shares Rise on Acquisition News? • AllPennyStocks.com • 07/31/2023 02:30:00 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM