Bergio International Achieving Record High Sales in Neiman Marcus and in All Markets Worldwide
October 25 2011 - 10:00AM
Marketwired
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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