Stockstobuy, PLEASE post ONE lie not from your interpretation or what you think you read or heard but an actual document written by BRGO that shows that lie.
Also you have to find what BRGO wrote that does not have the disclaimer and why they post those disclaimers.
Mainly for legal reasons, public companies publish some kind of warning in their brochures and on Internet sites. The objective is not only to explain to the investor the nature of the risks involved in the particular kind of investment being offered, but also to ensure that there can be no lawsuits if things go badly. The warnings are either in a separate Internet link, or printed in additional pages
Some of BRGO’s disclaimers include;
Forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors.
The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 (the "Act") protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
IF BRGO says they WILL make $50,000,000 in sales, that can be true even if they plan on that figure being achieved over 2,000 years, they don’t have to post the time it will take and because it has not happened yet they are protect by the safe harbor laws.
If they posted they DID MAKE $50,000,000 in sales, they must then prove it as a posted fact that has happened.
If BRGO says they plan to expand to 10 more stores and each one WILL do sales of $10,000,000 it won’t matter because they would have to first open the 10 stores and by not opening them they can say they won't be able to make $10,000,000 each store because they don’t exist.
It’s like me saying I will be able to mine $500,000,000,000 in diamonds from the surface of the moon but if I can't get there how can I make that happen?
SO with that PLEASE post an actual LIE that does not have the safe harbor disclaimer.
