Tuesday, February 11, 2014 11:11:21 AM
I think more people are getting excited once again here. Even the more negative contributors are showing some positive signs. Based on what we know, these are some things to consider:
1) We know the Dilution tap was turned off on 9/1/2013.
2) We know that we have one more note to convert next week ($50k if I recall correctly).
3) We know that some notes are still being sold to retail, it was apparent yesterday.
Given the above and assuming it's all true, we have a very finite number of shares remaining. Perhaps around 2-300m between 2's & 3's and nearing completion towards the end of next week or week after.
That said, if someone wishes to take advantage of these prices your time very well is limited. A week or two for the bulk of shares to be sold, some will likely be held by the note holder for higher prices. But once they are sold, that's it no more down here. Our resistance (the dumping) will be minimized by the end of this month IMO. The o/s will be ~3b by that time, if not a little above.
The fact that Berge PR'd that negotiations have resumed with the wholesaler likely means it is progressing well. Until the deal is signed, he won't PR any details. However, he'll likely have a deal signed before the end of the month and PR in early March. Everything in this paragraph is an estimate, not facts until it happens. Could be sooner, could be later.
Given the above, I'd say time is of the essence to build a large position if that is your intent. I've added, averaged down and my average is now in the trips. Right where I want it. News released after the conversions are done will send this much higher. Especially if we find out that some deal is worked out with Sterling (own's Kay's/Jareds). At that point, there will be little to hold us back except for some longs that have an itchy sell finger. Those that can see past the pains of the past will be in a good position to do very well with Bergio. Buy low, sell higher... we're at the lows, indecision can be costly.
Just my assessment/opinion.
JC
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