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stemcell

11/08/17 10:46 AM

#106624 RE: Evandean1 #106622

over 2 billion more shares need to sell before notes are satisfied, at which point the o/s will be 7 billion+ with an a/s of 7.5 billion
CEO will almost certainly reverse split at that point as even the toxic lenders will not lend to him. it's been at no-bid for most all of 2017
read the last 10-Q before even thinking of wasting any money here. he's racked up $388 thousand in credit card debt at rates up to 52.9% which means he defaulted on at least one of them, sure sign of a CEO at the end of his financial rope. posted a loss every quarter since going public a decade or so ago.

So what's the catalyst that's going to get this moving



bankruptcy and r/m the ensuing empty shell IMO
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-SPYDA-

11/08/17 10:50 AM

#106625 RE: Evandean1 #106622

BRGO has been a manufacture and wholesale jewelry provider. They are currently taking a more direct to consumer approach which will increase their margin EXPONENTIALLY. I believe also they are developing product lines that cater to more mainstream buyers, increasing their target consumer pool, and bringing in consistent sales. They have peices in OVER 50 STORES currently and continue to add more to that list every quarter. I did quite a bit of DD on this company and regardless of current PPS, they are getting things done and looking forward with confidence. THIS WILL FOR SURE BE BACK ON ITS FEET SOON, and I'm ready with my shares for the march north. I work in the jewelry industry and indeed it's been picking back up. I work in CAD, and through speaking with the CEO, they work in CAD now as well WHICH MEANS: they are now able to produce full lines of product and make photorealistic renderings of product that can be listed for sale WITHOUT risking the casting of inventory that may or may not sell. Essentially they can now produce anything they want for free, until it has been ordered. Once ordered, they manufacture it already sold $$$$$. Brilliant move and it will absolutely show in their profitability. In the Jewelry industry, being able to showcase a big selection while managing your inventory risk is key. They seem to be doing a great job of this and moving forward, it will show. Hope this helps.

GO $$$BRGO$$$
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Pres46

11/08/17 11:03 AM

#106627 RE: Evandean1 #106622

The setup here is that this is a company that has a retail outlet, a steady stream of revenue and is looking to expand.

At present the OS is around 4.2b and the ceo has indicated that the AS has been increased from 6b to 10b to cover the remaining convertible notes and leave some breathing space.

in 2014 the company took the route of a reverse split and there are a few who are still not happy about 2014.

Since then the CE has not added any new toxic notes, in fact recently he has been pushing the conversions of the existing notes to get them behind him so he can continue to move forward.

The 10Q for the 3rd quarter 2017 is coming around in a little over a week and rumor is it shows some rather nice improvement in the condition of Bergio.

CEO is in talks with a new partner regarding expansion of the storefront setup and operation. He has 1 store and it looking to add to that.