The Company reported an increase in revenue of 12% for total net sales of $ 1,621,000 for the year ended December 31, 2011, as compared to $1,445,000 for year ended December 31, 2010. Further, the Company reported that stockholders' equity increased by 11% from $1,096,000 for the fiscal year ended December 31, 2010, to $1,223,000 for the fiscal year ended December 31, 2011. The company also reports an Asset to Liability ratio of 2 to 1. The Company's net loss for the year ended December 31, 2011 was $408,328, as compared to a net loss of $838,999 for the year ended December 31, 2010, a 51% decrease. Berge Abajian, CEO of Bergio, stated, "I am pleased with the year end results. I believe our numbers would have been even better had we not had to make some reserves on a doubtful account that I believe is collectible." He continued, "The Company is definitely on the right track. Our expansion overseas is steadily increasing while our stockholders' equity continues to increase on a yearly basis. We are seeing the 1st quarter aligning with our expectations and our plans and visions for our company are becoming a reality." 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.
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Bergio International, Inc. (BRGO) Stock Research Links
Category: InvestingTotal Views: 73 By : EditorUpdated: 05-18-2024
Introduction to Smart Investing & Dollar-Cost Averaging (DCA)
This is for everyone, but especially those just starting out on their path to financial freedom, investing is often very scary. It can be overwhelming with markets constantly moving up and down and so much to learn! But don’t worry there is one strategy that has been around forever for being simple yet effective: Dollar Cost Averaging (DCA). This blog post will explore what this means and how it can help beginners and eve... Continue Reading
Category: StocksTotal Views: 76 By : EditorUpdated: 05-18-2024
Exposed: Insider Trading in Penny Stocks
Tales of fortunes made and lost are common in the world of penny stocks. These shares, which typically trade for under $5 each, can be extremely volatile and may deliver substantial profits for investors. However, they are often linked with fraudulent schemes and illegal practices such as insider trading. This post will explore what penny stocks actually entail and how insider trading operates within this risky investment arena.
What Exactly Are Pen... Continue Reading
Category: StocksTotal Views: 74 By : EditorUpdated: 05-18-2024
Introduction
In finance, economic indicators are crucial for investors who want to know how well the economy is doing and what the future looks like in the financial marketplace. They can be leading, lagging or coincident which means each type provides different information about different things. This post will be an introduction on economic indicators and stock markets.
The Importance of Economic Indicators in Stock Markets
Investors find economic indicators helpful because they guide... Continue Reading
Category: StocksTotal Views: 89 By : EditorUpdated: 05-18-2024
10 High-Growth Stocks that are Undervalued
In the world of investments, the term "undervalued" is said to be used in the same manner a politician gives promise. It’s mostly thrown around by analysts just like a street vendor selling hot dogs. However, those that can clear the market noise find stocks really worth it. They will tell you this feels like finding rare wine in a vinegar ocean. These are 10 companies which may seem abandoned by the market but could have some potenti... Continue Reading
Category: CryptoTotal Views: 138 By : EditorUpdated: 05-18-2024
Crypto Market Cycles Identifying Bull and Bear Phases
Market cycles can sometimes be hard to understand, even for people who have been investing for a long time. Fear not though because if you can predict how the crypto market will move then it is possible for you to make money from your investment.
Now we are going to explain the psychology of these cycles. We will give you tips on how to survive in this world of cryptos that keeps on changing its shape.
We do not stop until we have sh... Continue Reading
Category: StocksTotal Views: 138 By : EditorUpdated: 05-17-2024
Introduction
As we end another trading day on Wall Street What I Did After My High School Graduation, it is important to analyze how the market performed on May 17th, 2024. The Dow Jones Industrial Average (DJIA) reached a new all-time high which acted as one of the key highlights of the day. This took place against mixed movements in global markets and a ton of economic data releases that kept investors busy. Here is more information.
Market Performance
Dow Jones Industrial Average (DJ... Continue Reading
Category: BusinessTotal Views: 327 By : EditorUpdated: 05-16-2024
Crafting a business-winning strategy is like determining the direction of your business in the modern business world, which is currently so accustomed to turmoil and uncertainty caused by the rapidly changing market, and then what follows, the surviving squabbles of competition, adaptation to the consumers' needs ceaselessly changing. What will lead you to sustainability and help you create a unique competitive advantage through which you can stand out? It is up to the business strategy for ... Continue Reading
Category: StocksTotal Views: 315 By : EditorUpdated: 05-16-2024
Mastering Stock Market Investing: Unlock the Secrets of Stock Price Analysis
Ever thought of how some investors easily move around the dire world of stock market investing, bringing with them insightful decisions contributing a lot to their investment returns? Think of a situation where you are able to predict the moves of stock prices, unlock the secrets that move successful trading operations.
To overcome the myriad of scenarios in the investment world, becoming a stock market investing ... Continue Reading
Category: MarketsTotal Views: 319 By : EditorUpdated: 05-16-2024
Introduction to Stock Futures
A stock future is a kind of financial agreement that obligates the purchaser to buy, and the dealer to sell, a certain quantity of shares at a preset price on a specified future day. This sector of the finance market is very important for many players such as investors, daily traders, and financial analysts. Learning about stock futures can bring about significant benefits in managing risks, speculating and planning investment strategies.
How Stock Futures Wor... Continue Reading
Category: MarketsTotal Views: 299 By : EditorUpdated: 05-16-2024
Summary
The stock market showed a fluctuating performance today with main indexes reaching new tops before falling slightly at the day's end. The Dow Jones Industrial Average (DJIA) attention as it momentarily went past the 40,000 points mark, a historic high, but ended at 39,869 points. Here is a look at the happenings of the day and what they mean.
Market Review, Index Progress and Economic Figures
Index Performance:
Dow Jones Industrial Average (DJIA): Despite reaching an a... Continue Reading