Bergio International Inc (BRGO)

[Krony]

Incorrectamundo. If debtholder A has an outstanding note of $50,000, that is on the balance sheet as a liability. Debtholder A converts the note to shares, raising the O/S. But wait, there’s more to the story, see? That $50,000 is now no longer on the balance sheet as a liability. A decrease in liability increases the value of the company. In case you were unaware, an increase in value of a company is a GOOD thing. I’m surprised you didn’t make that distinction, being a self-proclaimed “accountant” and all. Unless you’re using half truths and incorrect data to forward some kind of agenda?