Sunday, April 21, 2013 6:48:50 PM
Shayne Heffernan
shayne@heffcap.com
Bergio International, Inc. (PINK:BRGO)
BRGO after a great move forward on solid volume, the company looks set to continue that move in to the weekend. No telling how high this one might go, if it is a HIT on NBC then the sky is the limit, good luck to the longs here.
Bergio International, Inc. (OTCQB: BRGO) announced today they are expanding the brand into ShopNBC, a major television shopping network for high end jewelry and other luxury goods, beginning May 7th, 2013.
Bergio International came to a contractual agreement with ShopNBC on October 4th, 2012. ShopNBC is a multichannel electronic retailer which has a strong presence in home shopping via television as well as other avenues such as online, mobile, and social media. The network is broadcast into over 82 million homes across the United States through cable affiliates and satellite, including Comcast, Optimum, Dish Network, DirecTV and Verizon Fios in addition to offering a live stream on their website www.shopnbc.com.
ShopNBC reported revenues of $587 million for the year of 2012. As of 2012, the company reported a noticeable increase in jewelry sales. Sales of Jewelry & Watches, along with Health & Beauty, Home and Fashion & Accessories has recently grown over 12% within the past year.
Berge Abajian, CEO of Bergio, stated, “The execution of this launch took longer than originally anticipated due to the modification of certain designs to best fit the ShopNBC customer demographic. This launch will further the brand to different avenues which we did not have prior access to.”
He continued, “I encourage all shareholders to support us by watching and referring others to the broadcast on May 7th, where I will personally be featured on the program as the designer. By doing so, we hope to sell out quickly and have a successful launch. Please refer to the program guide on www.shopnbc.com to find out when it will be aired, which is usually posted a week prior to the broadcast.”
He added, “We also have other opportunities currently in the works, which will be revealed once the final details have been ironed out.”
Bergio International Inc. (Bergio) is engaged in the business of designing and manufacturing upscale jewelry. The Company’s products consist of a range of jewelry styles and designs made from precious metals such as gold, platinum and Karat gold, as well as other precious stones.
It has approximately 50 to 75 product styles. The wholly owned subsidiary of the Company is Diamond Information Institute, Inc. In 2011, it introduced two additional collections, Sistina and Rocca Collections. The Bergio designs consist of upscale jewelry that includes white diamonds, yellow diamonds, pearls, and colored stones, in 18K gold, platinum, and palladium.
As of February 1, 2012, the Company designed and produced approximately 75 to 100 product styles. Its product range is divided into three fashion lines: 18K gold line, a bridal line, and a couture and/or one of kind pieces. As of February 1, 2012, it sold its jewelry to approximately 150 independent jewelry retailers across the United States.
Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.
He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
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