Bergio International Announces Financial Updates
February 28 2014 - 12:49PM
Marketwired
Bergio International Announces Financial Updates
FAIRFIELD, NJ--(Marketwired - Feb 28, 2014) - Bergio
International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company")
announces several updates involving finances and convertible
funding.
As of February 27th, 2014 the last note owned by Asher
Enterprises, Inc. ("Asher") was fully converted and paid. John M.
Fife ("Fife") has nearly completed the conversion of the last note,
and Auctus Private Equity Fund ("Auctus") has converted one-third
of the note in their possession as of today. Bergio is looking
toward selling the note owned by Typenex Co-Investment, LLC
("Typenex").
Berge Abajian, CEO of Bergio International, Inc., stated, "This
is the first step toward getting rid of toxic funding. I am pleased
that Bergio is finished with Asher's note." He added, "Bergio is
currently in the final stages of negotiation with a large fund to
acquire the remaining $100,000 note from Typenex with additional
funding for Bergio at non-toxic terms. All past plans to clear the
balance sheet helped Bergio to attract and negotiate true funding
that will protect the company's stock price."
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 Ext 13 www.bergio.com
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