InvestorsHub Logo
Followers 17
Posts 1956
Boards Moderated 0
Alias Born 12/21/2016

Re: Evandean1 post# 106622

Wednesday, 11/08/2017 10:50:30 AM

Wednesday, November 08, 2017 10:50:30 AM

Post# of 122991
BRGO has been a manufacture and wholesale jewelry provider. They are currently taking a more direct to consumer approach which will increase their margin EXPONENTIALLY. I believe also they are developing product lines that cater to more mainstream buyers, increasing their target consumer pool, and bringing in consistent sales. They have peices in OVER 50 STORES currently and continue to add more to that list every quarter. I did quite a bit of DD on this company and regardless of current PPS, they are getting things done and looking forward with confidence. THIS WILL FOR SURE BE BACK ON ITS FEET SOON, and I'm ready with my shares for the march north. I work in the jewelry industry and indeed it's been picking back up. I work in CAD, and through speaking with the CEO, they work in CAD now as well WHICH MEANS: they are now able to produce full lines of product and make photorealistic renderings of product that can be listed for sale WITHOUT risking the casting of inventory that may or may not sell. Essentially they can now produce anything they want for free, until it has been ordered. Once ordered, they manufacture it already sold $$$$$. Brilliant move and it will absolutely show in their profitability. In the Jewelry industry, being able to showcase a big selection while managing your inventory risk is key. They seem to be doing a great job of this and moving forward, it will show. Hope this helps.

GO $$$BRGO$$$