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anian

08/06/14 10:36 AM

#96236 RE: UNDAUNTED #96235

The BRGO flagship store going to work out?

Pres46

08/06/14 11:03 AM

#96238 RE: UNDAUNTED #96235

Berge has been working on restructuring and cleaning up his debt for the last year. That doesn't mean he is done with the project yet, but I am hopeful that the balance sheet continues to show improvement and in the next 2 quarters, which are what the retail businesses rely on, that he can show a profit of some sort.

The deal with Sterling, although only a trinket at this point could have roots for some strong future business. That is yet to be determined.

Krony

08/06/14 11:10 AM

#96239 RE: UNDAUNTED #96235

Fins have never been a driver here. In 2012, he had record revenues and reported profits in Qs 2 and 3(3rd quarter profit that year was over $100K), and neither did anything to the price. The 10K reported in 2013 did move the price up a bit but there was a lot of anticipation at the time mostly due to what turned out to be ShopHQ.

Other news PRs have always been the WOWs here.