Bergio International Inc (BRGO)

[cary73]

that's why we're whining

For the newly released 8K. "$ 1,512,500.00 par value of collateralised convertible notes (the" Bonds ") and Common Share Purchase Warrants for up to 756,250,000 BRGO common shares (the" Warrants ") at an $ 1,375,000.00 "Such warrants are dilutive and troubling. Added to the ~ 147mm currently in circulation, we're looking at a diluted share count of ~ 900mm. @ .025 is a market cap of $ 22.5mm ... I'm a lot here but this news doesn't exactly make me want to add to my position. With the '21 rev guidance they gave, I was aiming for a market cap exit of ~ $ 33mm @ ~ 0.225 PPS and ~ 1.8x P / S ~ 18x P / E @ 10% net margin. Dilution on this scale cooks up the whole craft. What are your thoughts on this?