Bergio International Inc (BRGO)

[stemcell]

Berge talking expansion in 2011 lol

yes he was, he made it as high as 16 of the promised 100 stores, and within a year was kicked out of all of them, citing some baloney about exchange rates...

actually he was in the Estet Stores

oldy but goody...any of this sound familiar? note the quotes about "dilution is not in our plans" and the all-too-familiar "expansion strategy"


http://www.marketwired.com/press-release/bergio-international-achieving-record-high-sales-neiman-marcus-all-markets-worldwide-otcbb-brgo-1577434.htm

FAIRFIELD, NJ--(Marketwire - Oct 25, 2011) - Berge Abajian, CEO of Bergio International (OTCBB: BRGO), made personal appearances at Neiman Marcus in Paramus, New Jersey on October 13 and Neiman Marcus in Oakbrook, Illinois on October 15, 2011. "We are very satisfied with the results of our personal appearances at Neiman Marcus," states Berge Abajian. "Our sales for the two events far surpassed the sales from these same events held last year by 100%. It is exciting to see Neiman Marcus' elite customers returning again and again to add to their collection of the Bergio brand. The Bergio line is currently available in 2 Neiman Marcus locations, and we are looking to expand to two other Neiman Marcus locations on the West Coast."

"We are experiencing growth worldwide and are in line to surpass 2010 revenue numbers. Our partnership with Estet Jewelery Company, one of the largest jewelry manufacturers in Moscow with approximate revenues of over $200 million and supplier to over 7,000 stores in Russia, is a major windfall for us abroad," states Berge Abajian, CEO of Bergio International. "I am pleased that we are in 16 prominent stores and plan to be in over 100 stores by the end of 2012. We are projecting that the Moscow expansion will yield over $3 million in revenue by the end of 2012."
(all of bergio never came close to $3 million in 2012, he just broke $2 million and 600k of that was one big order from ultra diamonds ... a deal he royally screwed up the following year.

Additionally, after being asked about the current price of the company stock at a recent appearance, Berge commented, "The stock price is extremely undervalued in the current market. Bergio International is a multi-million dollar revenue generating company with hard assets in gold and other precious gemstones. The value of our current inventory alone is worth more than the current market cap. Moreover, the asset to liability 2-1 ratio shows the right direction and strength of Bergio International. This means shareholders equity is at the highest level ever in the company and dilution is not in the plans as we move full steam ahead with our expansion strategy, which was laid out in a prior press release." In closing, Bergio said, "We will continue to work hard to deliver shareholder value and the most cutting edge designer jewelry products to our worldwide markets and outlets."

Finally, Bergio International will be reporting Q3 results, which are in line with our projection of a double digit increase in revenues over last year, in approximately 2 weeks.