Bergio International Announces Updates
May 01 2014 - 9:17AM
Marketwired
Bergio International Announces Updates
FAIRFIELD, NJ--(Marketwired - May 1, 2014) - Bergio
International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company")
announces updates involving the opening of the first Bergio
flagship store and the launch of a new watch line.
Bergio would like to announce plans for the creation of the
Company's first flagship store, "Bergio Boutique" in New Jersey.
The lease has been signed and the official opening is tentatively
scheduled for the first week of October 2014. The Company is also
exploring the opportunity to open a second flagship store in
Moscow.
Bergio would also like to announce the creation of a new line of
women's watches.
Berge Abajian, CEO of Bergio I, stated, "I am very pleased with
the new direction Bergio is taking on. We are in the beginning
stages of opening the first flagship store in New Jersey, which we
believe will be a stepping stone toward future expansion as well as
a platform for direct consumer sales. The creation of a
brick-and-mortar store is something the Company has been
considering for a while. The Company believes that the opening of
the store will benefit our gross margins and help by bringing in a
new regular revenue stream."
He added, "In order to boost our Russian presence, the Company
is in the preliminary stages of exploring the opportunity to build
a second flagship store in Moscow, which will be controlled
directly by Bergio. The products sold in the Russian boutique will
be exclusive to Bergio and will be manufactured hand in hand with
Estet."
He continued, "In order to enhance these expansions, we find it
important to create a Bergio watch with plans to launch the line in
early 2015. The watch will be sold in conjunction with a Bergio
scarf in a single package. Initially, these will be featured almost
exclusively in Bergio Boutiques and the Company will explore the
possibility of eventually partnering with a major retailer to carry
in their stores."
About Bergio International, Inc.
Bergio International, Inc. is 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.
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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