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Sunday, September 25, 2022

Bergio International, Inc. (OTCMKTS: BRGO) Major Run Northbound as Co Completes Acquisitions of Aphrodite’s and Gearbubble & Announces Record Revenues

Bergio International, Inc. (OTCMKTS: BRGO) is an exciting sub penny stock that is starting to get noticed by some big players in small caps for a very good reason; currently trading at just $0.002 the stock has a total market valuation of just over $3 million. The stock is pink current and the Company has been making big moves including the recent acquisitions of Aphrodite’s and Gearbubble, finalized the negotiations of owning 50% of an existing factory in Armenia as well as opened an Etsy StoreAlmost store and entered into Walmart marketplace. Speculators currently accumulating BRGO note that the stock popped to a high of $0.06 this time last year with less fundamentals than it has now.  

The big story on BRGO is the fast-growing revenues; in November the Company reported financial results for the third quarter of 2021. In the third quarter, worldwide gross sales reached $2.175 million, an approximate 1,483% increase compared to the same quarter the year before. Gross profit increased just over 605%, jumping from $108,245 last year to $764,169 this year. CEO Berge Abajian recently commented on the Company’s explosive growth last year. “We expanded our ecommerce platforms, provided an end-to-end solution on both B2C and B2B fronts, and capped record sales. And, we’re ahead of our projections. Our most recent acquisition, Aphrodite’s, led the way with the largest sales revenue within our portfolio. While Gearbubble achieved the highest growth rate during Q4. We are in a solid position currently and will be focusing on critical growth opportunities in 2022.” 

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Bergio International, Inc. (OTCMKTS: BRGO) operating out of Fairfield, New Jersey, focused on establishing Bergio International as a holding company for the purpose of acquiring established jewelry design and manufacturing firms who possess branded product lines. Currently the Company sells its jewelry to approximately 150 independent jewelry retailers across the United States has a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok. The Company’s flagship is the Bergio brand, associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. 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. 

BRGO is doing big numbers; in November the Company reported financial results for the third quarter of 2021. In the third quarter, worldwide gross sales reached $2.175 million, an approximate 1,483% increase compared to $137,340 the prior year. Gross profit increased just over 605%, jumping from $108,245 last year to $764,169this year. In the year-to-date, worldwide gross sales reached $5,461,676 million, an approximately 1779% increase compared to last year’s sales of $290,677. Gross profit remained stable despite integrating the consolidated financials of Gearbubble that sells at lower wholesale margins. 

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Bergio is seeing rapid growth; 2021 Achievements include: 

  • February 2021 acquired Aphrodite’s 
  • July 2021 acquired Gearbubble 
  • June 2021 opened Etsy StoreAlmost 90% of all Etsy sales were from Q4, the Golden Quarter.Sales increased tenfold from Q3 to Q4. 
  • August 2021 entered into Walmart marketplaceWalmart increased sales by almost 8000% from Q2 to Q4. 
  • August 2021 launched Amazon storeOn Amazon, the first $100,000 in sales took 3.5 months2nd $100,000 in sales took 3.5 weeks3rd $100,000 only took 9 days4th $100,000 just took 1 week.It increased sales by almost 8-fold from Q3 to Q4. 
  • December 2021 finalized the negotiations of owning 50% of an existing factory in Armenia 

On February 9, BRGO reported a $500,000 note has been fully paid to Trillium. Trillium was instrumental in funding two key acquisitions which immediately propelled Bergio’s brand portfolio to the next level. Bergio’s liabilities, balance sheet, and stockholder equity has drastically improved with the payment of the note. 

Berge Abajian, CEO, Bergio International stated, “I am pleased that Trillium has been fully paid and converted. I am also thrilled that the funds from Trillium were used for an outstanding strategic plan to purchase Aphrodite’s, a demi-fine and costume DTC (direct to consumer) jewelry brand and Gearbubble, a B2B POD (print on demand) consumer goods company which has transformed our brand portfolio to be the renowned leader in our niche. A key creditor is now off our books, I understand that it led to some dilution. But with Trillium being paid in full the dilution will slow down. However, this Trillium dilution was instrumental which fueled our explosive growth last year. We expanded our ecommerce platforms, provided an end-to-end solution on both B2C and B2B fronts, and capped record sales. And, we’re ahead of our projections. Our most recent acquisition, Aphrodite’s, led the way with the largest sales revenue within our portfolio. While Gearbubble achieved the highest growth rate during Q4. We are in a solid position currently and will be focusing on critical growth opportunities in 2022.” 

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BRGO is an exciting sub penny stock that is starting to get noticed by some big players in small caps for a very good reason; currently trading at just $0.002 the stock has a total market valuation of just over $3 million. The stock is pink current and the Company has been making big moves including the recent acquisitions of Aphrodite’s and Gearbubble, finalized the negotiations of owning 50% of an existing factory in Armenia as well as opened an Etsy StoreAlmost store and entered into Walmart marketplace. The big story on BRGO is the fast-growing revenues; in November the Company reported financial results for the third quarter of 2021. In the third quarter, worldwide gross sales reached $2.175 million, an approximate 1,483% increase compared to the same quarter the year before. Gross profit increased just over 605%, jumping from $108,245 last year to $764,169 this year. Speculators currently accumulating BRGO note that the stock popped to a high of $0.06 this time last year with less fundamentals than it has now.  CEO Berge Abajian recently commented on the Company’s explosive growth last year. “We expanded our ecommerce platforms, provided an end-to-end solution on both B2C and B2B fronts, and capped record sales. And, we’re ahead of our projections. Our most recent acquisition, Aphrodite’s, led the way with the largest sales revenue within our portfolio. While Gearbubble achieved the highest growth rate during Q4. We are in a solid position currently and will be focusing on critical growth opportunities in 2022.” We will be updating on BRGO when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BRGO.

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sclosure: we hold no position in BRGO either long or short and we have not been compensated for this article.

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