Bergio International Inc (BRGO)

[Pres46]

This is going to get entertaining again when we get the opinions of all the DA's.

Bergio's financial position is not at bad as many people will think or claim. The convertible notes will be a negative for as long as they exist. They need to be worked on.

After that, 2017 continued to improve, by running his boutique his margins are higher and that is reflected in the cost of good sold percentage when compared to a year ago. 70% in 2017 versus 72% in 2018. That is a step in the right direction.

Second, as a CEO, I can tell you that he has to report his deferred compensation on the books. Basically what that liability consists of is the amount of salary Berge has earned according to his agreement with the corporation but has yet to be paid for. That number is now $628,309. Its large. However, I can also tell you that as the company moves into 2018, that number will grow and it also wont be paid out and will not be a cash flow issue in 2018. Will Berge collect that deferred salary? eventually yes. Will it happen in 2018, seriously doubt it.

Reverse that number off of the liabilities and then take his annual salary off of administrative expenses and the rest of his operation is not doing all that bad.

Convertible notes will be the key to a good 2018 or a great 2018.

I guess we will have to dive into how Berge is going to tackle them this year.

This is a much improved Bergio than 3 or 4 years ago.

Berge is on the Verge.