2020 Q3 - Key Points: ------------------- Author
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(Total Views: 121)
Posted On: 11/16/2020 5:18:59 PM
2020 Q3 - Key Points:
Authorized Shares: 1,000,000,000 [90% reduction]
Outstanding Shares: 83,255,342 as at November 16, 2020
Extremely low Outstanding Share count for a stock in the .0070 > .1 price range.
Increase in Outstanding Shares insignificant - only 5,357,355 - already traded 238M shares in the 11 trading days during the period.
Net Income - 3 months ended September 30, 2020: $388,846 profit
compared to same period 2019: loss of $52,335
Net Income - 9 months ended September 30, 2020: $173,360 loss
reduced from $254,548 loss for same period in 2019.
"It is our intention to establish Bergio as a holding company for the purpose of establishing retails stores worldwide."
"Our branded product lines are products and/or collections designed by our designer and CEO Berge Abajian and will be the centerpiece of our retail stores."
"We also intend to complement our own quality-designed jewelry with other products and our own specially-designed handbags."
"This is in line with our strategy and belief that a brand name can create an
association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products."
"It is our intention to open elegant stores in “high-end” areas and provide excellent service in our stores which will be staffed with knowledgeable professionals."
"The Company has also increased its online presence to minimize the impact of having to close its retail stores as well as directing efforts towards its wholesale operations."
Authorized Shares: 1,000,000,000 [90% reduction]
Outstanding Shares: 83,255,342 as at November 16, 2020
Extremely low Outstanding Share count for a stock in the .0070 > .1 price range.
Increase in Outstanding Shares insignificant - only 5,357,355 - already traded 238M shares in the 11 trading days during the period.
Net Income - 3 months ended September 30, 2020: $388,846 profit
compared to same period 2019: loss of $52,335
Net Income - 9 months ended September 30, 2020: $173,360 loss
reduced from $254,548 loss for same period in 2019.
"It is our intention to establish Bergio as a holding company for the purpose of establishing retails stores worldwide."
"Our branded product lines are products and/or collections designed by our designer and CEO Berge Abajian and will be the centerpiece of our retail stores."
"We also intend to complement our own quality-designed jewelry with other products and our own specially-designed handbags."
"This is in line with our strategy and belief that a brand name can create an
association with innovation, design and quality which helps add value to the individual products as well as facilitate the introduction of new products."
"It is our intention to open elegant stores in “high-end” areas and provide excellent service in our stores which will be staffed with knowledgeable professionals."
"The Company has also increased its online presence to minimize the impact of having to close its retail stores as well as directing efforts towards its wholesale operations."
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.