Got rid of a few million shares @ 12 this morning to play something else. As I have been saying, nothing is going to happen here until shortly before Q1 fins are released, so still time to get back in before then & still holding most of my position. With a little luck I can get back in under 12 anyway.
BUT...when Q1 numbers come out - on or before May 15th - they should show two important items: 1) $BRGO did not add any additional share-backed notes in the first three months of 2022, and 2) $BRGO created as much revenue in their first, sh*ttiest quarter of this year than their current market value @ 10 of 2.6m.
Think about that for a second...no dilution & quarterly earnings that indicate the the stock is valued at less than a 1/4 of the revenue $BRGO will produce this year.
ALSO...we did 11m in 2021 mostly w/o the two new acquisitions. Conservatively, expect 18m-20m in revenue this year, so an MC not 1/4th, but 1/7th of yearly revenue.
The bounce in share price will be epic.
The patient will hold or sell to buy back before Mat 8th - 10th. $BRGO is undervalued & the real deal!
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