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BRGO Bergio International Inc (PK)

0.000001
-0.0001 (-99.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bergio International Inc (PK) USOTC:BRGO OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.000099 -99.00% 0.000001 0.0001 0.0001 0.000001 0.000001 0.000001 4,130 19:40:38

Bergio International Achieving Record High Sales in Neiman Marcus and in All Markets Worldwide

25/10/2011 3:00pm

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Bergio (PK) (USOTC:BRGO)
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Berge Abajian, CEO of Bergio International (OTCBB: BRGO), made personal appearances at Neiman Marcus in Paramus, New Jersey on October 13 and Neiman Marcus in Oakbrook, Illinois on October 15, 2011. "We are very satisfied with the results of our personal appearances at Neiman Marcus," states Berge Abajian. "Our sales for the two events far surpassed the sales from these same events held last year by 100%. It is exciting to see Neiman Marcus' elite customers returning again and again to add to their collection of the Bergio brand. The Bergio line is currently available in 2 Neiman Marcus locations, and we are looking to expand to two other Neiman Marcus locations on the West Coast."

"We are experiencing growth worldwide and are in line to surpass 2010 revenue numbers. Our partnership with Estet Jewelery Company, one of the largest jewelry manufacturers in Moscow with approximate revenues of over $200 million and supplier to over 7,000 stores in Russia, is a major windfall for us abroad," states Berge Abajian, CEO of Bergio International. "I am pleased that we are in 16 prominent stores and plan to be in over 100 stores by the end of 2012. We are projecting that the Moscow expansion will yield over $3 million in revenue by the end of 2012."

Additionally, after being asked about the current price of the company stock at a recent appearance, Berge commented, "The stock price is extremely undervalued in the current market. Bergio International is a multi-million dollar revenue generating company with hard assets in gold and other precious gemstones. The value of our current inventory alone is worth more than the current market cap. Moreover, the asset to liability 2-1 ratio shows the right direction and strength of Bergio International. This means shareholders equity is at the highest level ever in the company and dilution is not in the plans as we move full steam ahead with our expansion strategy, which was laid out in a prior press release." In closing, Bergio said, "We will continue to work hard to deliver shareholder value and the most cutting edge designer jewelry products to our worldwide markets and outlets."

Finally, Bergio International will be reporting Q3 results, which are in line with our projection of a double digit increase in revenues over last year, in approximately 2 weeks.

About Bergio International, Inc.

Bergio International, Inc. is a leading jeweler creating one of the world's largest diversified jewelry designers and manufacturers through acquisitions and consolidation in the estimated $160 billion a year highly fragmented independently owned Jewelry industry. Bergio currently sells its jewelry to approximately 50 jewelry retailers across the United States. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in the United States and Italy. For more information about our Company, please visit our website at www.bergio.com or our Facebook page at www.facebook.com/bergio1.

Forward-Looking Statement:

The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

Contact: Bergio International, Inc. Investor Relations 973-227-3230 Ext13 www.bergio.com

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