$BRGO DD - Updated November 22, 2020. -----------

$BRGO DD - Updated November 22, 2020.

---

Recent Developments Attracting Interest Of Traders:
[completed items deleted in this version]

News - August 14. Bergio International Settles Convertible Debt.

https://www.otcmarkets.com/stock/BRGO/news/st...id=1671082

News - September 1. Bergio International Successfully Exhibits at Ocean Resort Casino.

https://www.otcmarkets.com/stock/BRGO/news/st...id=1682779

News - September 22. Bergio Brings Products to Mass Retail - Targets Selling 5,000 Pieces on New Approved "Fulfillment by Amazon" Account by Year End.

https://www.otcmarkets.com/stock/BRGO/news/st...id=1697380

News - October 22. Bergio International Reports Record Third Quarter 2020 Net Income.

Bergio International Reports Record Third Quarter 2020 Net Income of $388,846; Gross Profit Margin Reaches 78%.

https://www.otcmarkets.com/stock/BRGO/news/st...id=1721597

Update - October 26: "We’re cleaning the whole balance sheet it took some time but we still have some work to do, definitely on the right track."

https://twitter.com/BergioJewelry/status/1320743909673361412

Update - October 28: "Correction tweet we’re not filing for a reverse split we just filled for reducing the authorize."

https://twitter.com/BergioJewelry/status/1321496266073931778

Form 8-K filed October 26. Convertible Debt Being Settled.

"On October16, 2020, Bergio International Inc. (“Company”), came to a note settlement agreement with Fidelis Capital (“Fidelis”) to settle its outstanding convertible debt."

"Under the terms of the Agreement, the Company and Fidelis agreed to settle the balance of their note in four equal payments ending November 30, 2020."

https://www.otcmarkets.com/filing/conv_pdf?id...nZYzVZlnth

Update - October 30: "Second payment for Fidelis was paid today & Illiad payment is secured for the 15th #$BRGO"

https://twitter.com/BergioJewelry/status/1322281352352456710

News - November 5. Bergio International, Inc. Announces 90% Authorized Share Reduction.

https://www.otcmarkets.com/stock/BRGO/news/st...id=1734235

Update - November 5: "Stopped RB Capital from converting and we’re negotiating a buyout $BRGO"

https://twitter.com/BergioJewelry/status/1324377060362563584

Update - November 5: "I received several calls from Shareholders, to clarify we’re negotiating to buy back our note with RB Capital as we’ve done with Fidelis $BRGO"

https://twitter.com/BergioJewelry/status/1324424300393336838

Update - November 5: "The amendment to reduce the authorize has been filed and approved"

Click link for photo:

https://twitter.com/BergioJewelry/status/1324483558795333632

Update - November 6: "Finalized the buyout agreement with RB Capital waiting for closing document stopped the dilution and saved the company $50K in liabilities $BRGO"

https://twitter.com/BergioJewelry/status/1324799260936884224

Update - November 8: "With all that we settled we have Improved our BS (Balance Sheet - clarified in later Tweet) and stopped the dilution $BRGO working on more"

https://twitter.com/BergioJewelry/status/1325558777547026434

Update - November 11: "RB Settlement agreement has been signed and delivered first payment due in December for 3 Month."

https://twitter.com/BergioJewelry/status/1326602068916924416

Update - November 16: "Another payment made to Illiad this morning, one more payment left on Fidelis great future $BRGO"

https://twitter.com/BergioJewelry/status/1328340897931595777

Update - November 17: "October 2020 sales up 22.7% from the same period last year. $BRGO"

https://twitter.com/BergioJewelry/status/1328693305715150851

Update - November 17: "The outlook on BRGO is very bright we decreased our liabilities and settled many notes and minimizing the dilution our balance sheet is looking great & our P&L for the first time in many years is in the black $BRGO"

https://twitter.com/BergioJewelry/status/1328713545345871874

Update - November 18: "Two showcases placed in the lobby of Ocean Casino Resort great exposure $BRGO"

https://twitter.com/BergioJewelry/status/1329133624600432641

Update - November 18: "Will be interviewed by Stock Day Media on Dec. 3rd, It will be released on Dec. 7 Great Future $BRGO"

https://twitter.com/BergioJewelry/status/1329143992840286214

Update - November 19: "Negotiating to settle another note with Crown Bridge Capital started yesterday we will continue today looking good bright future $BRGO"

https://twitter.com/BergioJewelry/status/1329406853248413698

Update - November 19: "To address shareholders concerns all settlement are structures to be paid over several month in small trenches that will not effect our cash flow meanwhile stopping them from converting and diluting, bright future $BRGO"

https://twitter.com/BergioJewelry/status/1329407494553124864

Update - November 20: "As of today we have 78 Million in the float & 17 Million restricted $BRGO"

https://twitter.com/BergioJewelry/status/1329882164645621760

Summary of Above:

- 2020 3Q record net income of $388,846 - gross profit margin 78%.

- October 2020 sales up 22.7%.

- Authorized Shares reduced by 90%.

- Fidelis convertible debt being paid off in 4 installments by November 30 - 3 made already.

- Illiad convertible debt being paid off.

- RB Capital convertible debt buyout agreement finalized - stopped the dilution - saved $BRGO $50K in liabilities. 1st payment in December.

- Negotiating with Crown Bridge Capital to buyout their note.

---

2020 Q3 - Key Points:

Share Structure:

Authorized Shares: 1,000,000,000 [90% reduction]

Outstanding Shares: 83,255,342 as at November 16, 2020

Float: 78,000,000 [confirmed by CEO on November 20]

Note 1. It is only the Unrestricted Outstanding Shares (or Float when known) count that is relevant to current trading. At a Float of only 78M, this is extremely low for a stock in the .0070 > .1 price range.

Note 2. The latest increase in Outstanding Shares is insignificant - only 5,357,355 - already traded 238M shares in the 11 trading days during the period.

Net Income:

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.

Business Model:

"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."

---

Recent Trading:

2 x opposing sets of traders have got involved in $BRGO over the last few weeks.

One is willing to make hail mary buys across several asks - and sometimes repeat them in rapid succession - to get dramatic moves to the upside.

One is trying to dupe people out of the shares by a combination of walking down the ask, painting down into the bid and - after large moves to the upside - probable shorting.

For observant full-time traders with the requisite skill - who adapt their trading to observed activity - this makes for lucrative regular profits.

Runs so far on recent catalysts:

.0050 > .0120 on October 26 - 140%

.0061 > .0110 on October 27 - 80%

.0066 > .0140 on November 2 - 112%

.0093 > .0181 on November 4 - 95%

.0181 (previous close) > .0239 on November 5 - 32% [157% from .0093]

.0075 > .0110 on November 6 - 47%

.0067 (previous close) > .0098 on November 16 - 46%

+ of course multiple dip / surge trading opportunities throughout each day.

---

$BRGO Website: https://bergio.com

"Per Ardua Ad Astra" - "Through Adversity To The Stars"

A very apposite motto for those who trade successfully in the OTC market..

All posts are my opinion - trade at your own risk.