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Bergio International, Inc. (BRGO)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.0065-0.0001 (-1.52%)
At close: 3:59PM EDT
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  • K
    Katandra Millosh
    August 30/21 article. BRGO is likely to be a big winner.
    https://emerginggrowth.com/bergio-international-brgo-a-diamond-in-the-rough/
  • A
    Anthony
    This stock is so underrated and undervalued.. watch this thing take off in the next few days especially with this huge increase in their sales and profits announced today..
  • A
    ANTHONY
    Can reach $20. Million this year with those kind of numbers ,but they are heading in the right direction will continue to buy on dips.
  • L
    Lee
    Bergio International Inc. Officially Acquires GearBubble
    Looks to Gain $20 Million in 2021 Gross Revenue from Purchase

    FAIRFIELD, NJ / ACCESSWIRE / July 8, 2021 / Bergio International Inc. (OTC PINK:BRGO), a global trailblazer in the jewelry design and manufacturing industry, officially acquires GearBubble's assets for $3.162 million. The addition of 51% of GearBubble's assets purports to increase BRGO's gross sales, adding an additional estimated $20 million. With this purchase, alongside the acquisition of Aphrodite's in February, the company is estimated to have a 5000% increase in gross revenue this year.
    https://www.accesswire.com/users/newswire/images/654671/BRGO--handshake.jpeg
    (Photo Credit: Bergio International)

    GearBubble is a B2B e-commerce fulfillment platform that works to improve the customer experience through integration with Amazon, Etsy, and more. In 2020 alone, the company had $27 million in revenue and was profitable. Although GearBubble has sold jewelry in the past, the past inventory lacked quality and they did not have the right vendor to meet high demand. By joining BRGO, they will get access to high quality jewelry with stunning and unique designs for an affordable cost. Their demand will also be met due to Bergio's vertical integration and control over the manufacturing and speed of production.

    BRGO is a major competitor in the jewelry industry in design and manufacturing, but the acquisition of GearBubble looks to make the company a further authority in the e-commerce space. GearBubble gives them access to all of its B2B customers and in turn their B2C customers, which allows for a widened reach to an entirely new customer base.

    The advantages do not end there. GearBubble also opens the doors to countless new product categories, especially in the gifting category. This allows BRGO to utilize the e-commerce technology from GearBubble- along with Aphrodite's technology- to expand its footprint online to sell directly to consumers, especially in the bridal jewelry niche. The pandemic greatly impacted this segment with a spike in engagement ring sales, an increase in the overall ticket price, and a major shift to online shopping. The current online jewelry market only has three major websites selling diamond bridal jewelry direct to consumers. BRGO intends on not only joining, but also standing out in this specific industry. It will be the only vertically integrated company on the market, allowing for competitive pricing and a significantly higher quality. This expansion is expected to lead to exceptional and industry-shaking growth for BRGO.

    The transaction between BRGO and GearBubble is a transformative one. Bergio International paid in cash and acquires 51% of the company's assets with no lasting debt. GearBubble only furthers BRGO's ascension to the top of the jewelry industry. With GearBubble, the company projects to increase its yearly revenue of 2021 to an additional $20 million, but that is not including Aphrodite's nor BRGO's profits. The trinity of GearBubble, Aphrodite's, and BRGO will likely bring in $30 million for 2021. The year 2022 will be the first full year the three will have worked together, which is will have a powerful impact on profits for company.

    Aphrodite's is a fast-growing e-tailer for jewelry. 'Aphrodite's and GearBubble are just the beginning,' says Berge Abajian, CEO of Bergio International. 'We're looking at other opportunities and our goal is to be the leader in the e-commerce jewelry space in 2022. Now that we have the top tech team in this arena, we're looking forward to expanding Bergio e-commerce which will include Bridal and Fine Jewelry to compete with major e-commerce sites in the Fine Jewelry Industry. The advantage that we have is that we're vertically integrated, which other sites have failed to provide to their customer base.'

    BRGO is a company that prides itself on its individuality and fine jewelry. Every piece it crafts is created with the utmost care and individuality, ensuring it isn't in the likeness of a previous piece of the company's or its competitors'. Much like its gems, BRGO selects the companies with which it ingrates while being meticulous, careful, and client-oriented. Both Aphrodite's and GearBubble are proposed to take BRGO's profits and vision to even further heights this year and beyond.

    For more information on GearBubble, please visit https://www.gearbubble.com.

    About Bergio International, Inc.

    The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe.
    Bullish
  • G
    Greg
    Hard to get in last 2 days
  • f
    feivel G
    yahoo finance today shows story they will selling in walmart stores
  • N
    Nathan
    Something brewing! This thing can spike sharply on low volume! I'm in!!
    Bullish
  • s
    steve
    What platforms can I use to purchase this stock?
  • N
    Nathan
    Okay, the stabilizing has occurred! Time to march back upwards! Only good things to come with this one!
    Bullish
  • g
    g
    Anyone know RB Capital’s involvement here? How many shares they have, etc? Thanks
  • L
    Lee
    Bergio International on Target for 5000% Gross Sales Increase in 2021

    Acquisitions prove fruitful for global leader in jewelry design and manufacturing

    FAIRFIELD, NJ / ACCESSWIRE / June 15, 2021 / Bergio International Inc. (OTC PINK:BRGO), a global leader in the jewelry design and manufacturing industry, is on track to show an estimated 5000% increase in gross sales for this year. While Bergio is set to increase their sales from the previous year, the large impact will come from the newly acquired Aphrodite's anticipating an estimated $9 million in gross sales and GearBubble with an anticipated $20 million in gross sales after their July 2, 2021, acquisition date.

    Bergio purchased the Aphrodite's brand for $5 million in February and signed an official letter of intent to acquire GearBubble for $3.162 million, which is on track to close in July of this year. Aphrodite's has been fully funded and funds for GearBubble are currently available and ready for the official purchase of its assets. These two recent acquisitions, along with Bergio sales, are projected to bring in approximately $30 million in gross sales for 2021. Subsequently, in 2022, it will be the first that all three brands show revenue for the entire year together after implementing vertical integration which is expected to further improve the bottom line.

    Aphrodite's is an impressively fast-growing e-tailor for jewelry. The company had $31 million in sales in 3.5 years, which includes $10 million in sales during the pandemic in 2020. GearBubble is a B2B e-commerce fulfillment platform that assists in improving the customer purchasing experience on sites such as Amazon, Etsy, and others. It had $27 million in revenue from 2020 and was profitable. BRGO acquired Aphrodite's and GearBubble to greatly increase the bottom line, while assisting the two brands with their operations and manufacturing. Aphrodite's and GearBubble brings the most skilled tech teams that will allow Bergio to expand their ecommerce footprint and compete with the top online fine jewelry brands.

    BRGO has an unwavering focus on providing all of its customers with authentic and uniquely designed jewelry. Every piece is crafted carefully and is never created with a previous piece of the company's or its competitors in mind. "All of our jewelry is made with the finest gems and stones while keeping the customer in mind," says Berge Abajian, CEO of Bergio International. "Each customer is different, so each piece of jewelry they wear should be too."

    The vertical integration will not only allow increased profits, but it will also create more favorable outcomes. It will prospectively allow better quality and lower pricing on the jewelry. "We now have the greatest combination of services, and I couldn't be more excited about it," Berge says. "We cannot wait to serve our current and future customers the finest jewelry in the easiest way."

    All sales figures and data are preliminary, unaudited, and are based on the information currently available to the Company through its internal daily sales reporting system. For more detailed information on third quarter revenue, an earnings report will be filed within the deadline with the SEC.

    For more information on Aphrodite's, please visit https://www.aphrodites.com.

    For more information on GearBubble, please visit https://www.gearbubble.com.

    About Bergio International, Inc.

    The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The Bergio brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000. For further information, please visit http://www.bergio.com.

    This press release includes forward-looking statements regarding our business strategy and plans as well as expectations of future growth, all of which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical in nature and include those related to future financial and operating results, benefits, and synergies of the combined companies, statements concerning the Company's outlook, pricing trends, and forces within the industry, the completion dates of capital projects, expected sales growth, cost reduction strategies, and their results, long-term goals of the Company and other statements
    Bullish
  • F
    Falcone
    Anyone see the article today? Looks like the analyst is talking .19 price target.
    https://emerginggrowth.com/bergio-international-brgo-announces-record-mothers-day-sales-with-nearly-14-million-run-rate/
  • L
    Lee
    Bergio International to Acquire GearBubble, a Global E-Commerce Fulfillment Platform

    Leading jewelry designer & manufacturer to expand digital presence further!

    FAIRFIELD, NJ / ACCESSWIRE / May 12, 2021 / Bergio International, Inc. ("Bergio," or the "Company") (OTC PINK:BRGO), a global leader in jewelry design and manufacturing, has announced its intent to acquire 51% of the assets of GearBubble, a premier e-commerce fulfillment platform with over $27 million in revenue from 2020.

    https://www.accesswire.com/users/newswire/images/646677/image-20210511180049-1.jpeg

    https://www.accesswire.com/users/newswire/images/646677/image-20210511180049-2.jpeg

    (Left - Donald Wilson, CEO of GearBubble // Right - Berge Abajian, CEO of Bergio International)(Photo Credit: Bergio International)

    For the past four and a half years, GearBubble has processed over $130 million in sales, with over 5 million units sold, and currently has a positive bottom line. Their offering includes shirts, mugs, additional on-demand items, and most recently, jewelry, a product category they look forward to expanding. GearBubble is best known for its seamless eBay, Etsy, and Amazon integrations, which allow their millions of customers to effortlessly launch, scale, and find success in the e-commerce industry.

    Donald Wilson, CEO of GearBubble, shared, "We are excited about this acquisition and the possibility to bring high-quality jewelry at a scale to the on-demand eCommerce market. With the vertical integration of Bergio's production capabilities, we will be able to better service our millions of customers and scale much faster than we would have ever been able to do on our own."

    Under the terms of the deal, BRGO will form an acquisition subsidiary which will own 51% of Gear Bubble's assets, for which BRGO will pay $2 million at closing in cash and an additional $1.162 million in 15 subsequent monthly cash payments. A binding letter of intent was signed on May 6, 2021, and an Acquisition Agreement is set to be fully executed after a full financial audit of Gear Bubble's assets by July 1, 2021.

    "GearBubble delivers forward-thinking technology innovation to millions of B2B e-commerce customers and a robust assortment of gifting products," shared Berge Abajian, CEO of Bergio International. "We are thrilled at the opportunity to welcome them into the Bergio family, allowing us to expand our footprint in new categories further while assisting GearBubble to develop their growing jewelry division. This acquisition will expand our reach in the B2B space, and the addition of GearBubble's technology team brings Bergio to a new level, allowing our fast-growing brand to launch our fine jewelry & bridal platform to compete with other major luxury jewelry e-commerce websites."

    The acquisition of GearBubble's assets will strengthen BRGO's expansion into e-commerce and further increase the product categories they offer. The addition will allow BRGO to tap into GearBubble's millions of B2B e-commerce customers and world-class marketing while allowing the e-commerce fulfillment platform to integrate advanced jewelry production, allowing them to disrupt the massive gifting market.

    BRGO has always aimed to create designs ahead of the trends with an unwavering commitment to crafting original pieces, incorporating extraordinary diamonds and precious stones. Their perfectly curated collections have gained global recognition and established the brand as a highly sought-after purveyor of rare and exquisite treasures from around the globe.

    BRGO has been experiencing exponential growth in 2021. They most recently acquired Aphrodite's, a global jewelry e-tailer that has done $31 million in sales in 3.5 years and $10 million of those during the pandemic. Since acquiring Aphrodite's, BRGO has already increased their production over 100,000 units. They intend to continue their increase in production. BRGO can accomplish this due to its diligent investment in manufacturing technology and expertly skilled human capital.

    For more detailed information on the transaction, a Current Report on Form 8K filed will be filed on May 12, 2021, with the SEC.

    For more information on GearBubble, please visit https://www.gearbubble.com.

    About Bergio International, Inc.
    The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio's signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge
    Bullish
  • T
    The Beef
    Market cap was 1M, so was .006-.007, acquisition company did 27m revenue in 2020, soooo, sp will be 27x current? How’s my math? :)
    Target: $0.50, short term
    Bullish
  • E
    Emil
    I think yesterday's news was interpreted wrong. The company will now have a channel to do B2C sales with higher profit margins than B2B. If that costs a bit of dilution, then so be it. I would rather own 1% of a 100 mil company then 2% of a 10 mil company. Nobody knows if this aquisition will pay off, but I'd rather own a company that makes moves and tries to grow than a super conservative one.
    Bullish
  • B
    BerlinS
    I think I made a mistake buying this stock... I thought that with the new acquisition they stock would go up but the first thing they did was to dilute the stock. Not sure why they did not wait for the stock to move up first. Now is sinking.... on top of that they do not report regularly so not a good marketing strategy
  • R
    Rick
    Won’t be surprised when this hits $.50 tomorrow. Good news came out today.
  • B
    Bollei enterprises LLC
    buy buy
  • N
    Nathan
    This chart is a perfect setup for a big spike in the coming days! Hold tight, be patient! It will surely happen soon, charts don't lie!
    Bullish