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Re: insymbols post# 115190

Thursday, 10/10/2019 5:36:00 AM

Thursday, October 10, 2019 5:36:00 AM

Post# of 122972
If someone purchased $BRGO at $0.05 and the stock goes down 90% to $0.0050 before rising 1,000% (back to $0.05) the person has made nothing but has taken a huge risk for no gain.

It's better to ask at what price is $BRGO debt likely to be converted at?

Alternatively, ask what would you do if you were Berge and all the debt ($2.3M) was converted at $0.0001? Would you immediately R/S to reduce the O/S?

The market knows a few things:
- $BRGO is heading towards $0.0001
- Berge doesn't believe $0.0001 is good for Bergio's brand image at a storefront level where jewelry is sold
- $BRGO will reduce it's debt through equity conversions
- there's no minimum time limit between Reverse Split applications

I believe there will be another R/S way below the current price, and that may be the last major change to the share structure for a few years.

The paradox of iHub: buy high, sell low