Bergio International Announces Several Updates
November 05 2013 - 11:04AM
Marketwired
Bergio International Announces Several Updates
FAIRFIELD, NJ--(Marketwired - Nov 5, 2013) - Bergio
International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company")
announces several new updates involving ShopHQ, success at the
Yerevan jewelry show, further increased web presence through social
media, and the use of convertible funding.
On October 23rd, 2013 Bergio was once again featured on ShopHQ
with a successful airing, although no numbers have yet been
received to report. Due to anticipation and the positive reception
of Bergio on Shop HQ, another airing has been scheduled for January
10th, 2014. Although the time slots have not yet been assigned
Bergio will be featured for a minimum of two hours once again, with
the possibility of an additional third hour.
Bergio recently exhibited at the annual Yerevan jewelry show,
where much of the Bergio line was extremely well received by
Armenian and Russian retailers and consumers alike, especially the
Faccia a Faccia collection. Among the Bergio customers was Rita
Sargsyan, First Lady of the Republic of Armenia, who officially
owns a Bergio necklace. It is an honor for the company to have her
on the list of clientele.
Within the past month, there have been further developments and
increases in exposure through social media channels. Since the
beginning of October, the Bergio Facebook page has increased from
10,500 likes to 23,000 likes, which is over a 200% increase. There
have also been further increases in followers on Twitter, Instagram
and Pinterest. Also, the Bergio website (www.bergio.com) has once
again increased its web ranking by approximately another 2 million
points. All of these figures signify that the company's marketing
campaigns through social media to get more exposure continue to
work, so that Bergio builds a larger audience to cater toward.
Berge Abajian, CEO of Bergio International, Inc., stated, "Our
main goal for the year is to be able to replicate and surpass the
numbers from the same time last year, which is not far off.
Although we are lacking the large order from Ultra Diamonds, which
gave us that push last year, we are still receiving consistent
sales through them. As far are the increased presence and
exposure through social media channels, we already have plans to
increase revenue with this newly gained audience but are waiting
for further likes and followers before we begin the push in
December for the upcoming Holiday season."
He continued, "I know the shareholders are most interested in
the convertible funding issue, to which I am glad to state that we
have stopped seeking any use of convertible funding as of September
1st, 2013. I would also like to inform our shareholders that
Columbia Bank has increased the company's credit line to $175,000,
which should be sufficient in the event that we may need extra
funding for company operations. As I have stated in the past, our
financial position is now the healthiest it has ever been therefore
allowing us to be less dependent on the use of convertible funding
until it is no longer necessary. I know that the majority of the
shareholders were dissatisfied with the decision to use convertible
debt, but it was an essential step towards moving the company
forward in order to pay down debt, improve our balance sheet, and
improve our asset to liability ratio in such a bad economic
climate. These decisions have allowed us to be more financially
independent while improving relationships with banking institutions
and allowing us to seek further funding, therefore resulting in an
increase in credit facilities.
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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