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Loudmouth

07/31/12 6:38 PM

#10626 RE: MisterBet #10624

Look @ the companies fundamentals and shareholders equity. The company has reported revenue increase in 8 straight quarters and asset to liability ratio is 2:1 and it's even more if you back up the derivative liability which is a non cash expense.
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Ask kicker

07/31/12 11:21 PM

#10631 RE: MisterBet #10624

Sorry for the slow respond here. But yea, I'd be happy to tell you why BRGO is a keeper.

First off, I've been here quite awhile (though I haven't been active on the BRGO boards until recently). I bought a small number of shares about 2 years ago during a run, then it dropped, then it reverse-split. I wasn't too happy about that, my investment dropped to almost nothing. At that point, I figured I'd never invest in this company again.

About 2-3 weeks ago I was reviewing some of the more recent PR's that I neglected to read (didn't care at the time). I looked through the recent PR's and saw that I had been missing quite a bit. It looked to me that this company was about to turn around. There were hints about a large National Retail Chain deal, and continual increased sales, etc. All of those PR's, I had originally just ignored.

After I caught up on the recent PR's and started looking through the financials it was pretty clear that something was about to happen with this company. The day before the company announced the 600k initial order from the "Large National Retail Chain", I picked up over 1m shares. I just had a feeling (or divine inspiration) that something was going to happen. And it did.

What I see here is a company that has signed on a large chain that is going to bring in a continuous flow of revenue. This was just an initial order (the $600k), yet that combined with their current assets would bring their net worth beyond the current SP. Not to mention the strong likelyhood of future orders that will be coming in from this National Retail Chain.

The website is very well done, the products look fantastic, the sales are growing quarter-after-quarter, the S/S is incredibly low, what is not to love here. Afterall, they sell Jewelry. Gold and Diamonds are about the best assets you can ask for in a company. Also, the company is either at or near profitability.

You would be hard pressed to find a better investment-IMO. I have a few picks that I also think have great potential, but this one honestly seems to have it all.

However, before you decide to invest your hard-earned money in any company, do your own research. Don't believe anyone on any of these boards or let them do it for you. It's your money, you are in control of it. Question everything. Avoid making emotional decisions, research the company and make your own conclusions. After you've done that, decide your next steps.

I hope this is helpful. This is all my honest opinion about BRGO. If you decide to invest, great I hope you post here regularly and share your thoughts and DD. Ultimately, do what is right for you and your financial situation. I wish you great success for the future.