Bergio Reports on State of the Company
May 31 2012 - 9:00AM
Marketwired
Bergio International, Inc. (OTCBB: BRGO) ("Bergio" or the
"Company") is pleased to report that the Company is rebounding from
the process of going public.
Berge Abajian, CEO of Bergio, states, "I am very pleased with
our growth in the US and in the foreign market. We recently
reported a solid 1st quarter, which is the slowest quarter of the
year and our 2nd quarter is meeting our expectations. We are
attending the JCK Show, one of the largest shows in the country,
and we will report on the outcome shortly." He continued after
being asked about the stock price, "Management has no control over
the stock price but compared to our stockholder equity, the stock
price is under priced and undervalued. We are working diligently to
increase revenue and turn the Company profitable and in return this
should have a positive effect on the stock price. Our assets to
liability ratio are at its highest."
About Bergio International, Inc.
Bergio International, Inc., a leading jeweler creating a
diversified jewelry designer and manufacturer 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
through its manufacturing facility in New Jersey, as well as
subcontracts with facilities in the United States and Italy.
Forward-Looking Statements:
The information contained herein includes forward-looking
statements. These statements relate to future events or to our
future financial performance, and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
Contact: Bergio International, Inc. Investor Relations
973-227-3230 Ext13 www.bergio.com
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