Bergio International Inc (BRGO)

[Asterixus]

Dissecting the so-called fake news


VOLUNTARY DELINQUENCY
The CEO, did NOT elect to "delay" the 2017 10K. He decided he was NOT going to waste money on the financials (K & Q) because he thought it was NOT important. Said he on 5/10/2018:
“This is the first year I’ve decided not to audit the company. It was not important. I was auditing the company for ten years and spent over a million dollars. I have found out that it didn’t make any difference at all on the OTC. Most investors on the OTC don’t care. They just look at it as a volatile, up-and-down... and 1 penny, they sell! But the books are all in order. All the paperwork are in order to do the audit.”
My Source: https://upticknewswire.com/wp-content/uploads/2018/05/Uptick-Network-BRGO-Interview-5-10-18.mp3

What's yours for your nonsense?


DEADLINE
Nov 14 is the deadline. Period. He will still have to file an NT 10-Q, which is the Notification of inability to timely file Form 10-Q. Once the alloted 45 days are expired, the filing becomes late and overdue. Subsequently, BRGO will delinquent. Period. Now, the nature of such delinquency is not punishable, if the NT 10-Q is filed.
Now, whether he decides to file on the 21st of 101st is immaterial to the fact that you have just proven me right; BRGO will find another reason NOT to file the financials for the 3rd Quarter on time, as REQUIRED by the SEC.

EXTENSION
The SEC provides automatic extensions of the above due dates for the 10-Q IF all or any portion of the report cannot be filed TIMELY (or ON TIME) without unreasonable effort or expense. The company must file Form 12b-25 no later than ONE (1) day AFTER the due date of the form for which the extension is requested. An extension of up to 15 calendar days is available for Form 10-K and up to 5 calendar days for Form 10-Q. The extension period begins to run the day the report was due. No further extensions are available.

BASHING THE CEO
Actually, before you started personally attacking me for accurately quoting the CEO's messages, it was never an issue. The CEO did give his word that he was NOT going to do a reverse split. He lied. He changed his mind. He repented of his thoughts. Whatever! The point is, he misled people. Your issue is not with me, it is with him. He was the one kept telling investors that he was going to open the store ONE (1) MONTH EARLY, while he was simultaneously telling selected individuals that he was NOT going to open 1 month early. Just 2 weeks early.

STOCK MANIPULATION
While hundred of millions of shares are being bought at . 0 0 0 0 1 per share, he is claiming stock manipulation. He has refused to respond to buying back shares. He has avoided talking about his UPCOMING reverse split, albeit he has a most colorful history of doing reverse split, unnecessarily. He now publicly expresses desperation. Wonderful!!!


So, where is the "fake news"