BRGO Bergio International, Inc. Bergio Internat

BRGO Bergio International, Inc.

Bergio International, Inc. engages in the design, manufacture, and distribution of upscale jewelry in the United States, Europe, and Asia. The company’s customer base consists of 50 customers, which includes luxury department store retailer Neiman Marcus. The company’s products consist of a range of jewelry styles and designs made from precious metals, such as gold, platinum and Karat gold, as well as other precious stones. The Bergio designs consist of upscale jewelry that includes white diamonds, yellow diamonds , pearls, and colored stones, in 18K gold, platinum, and palladium. It offers its jewelry to approximately 50 independent jewelry retailers in the United States. The company designs and produces approximately 75 to 100 product styles. Its product range is divided into 3 fashion lines, such as 18K gold line, a bridal line, and a couture and/or one of kind pieces. The company offers two additional collections, Sistina and Rocca Collections. Its products and collections would fall in one of the various categories, such as the whimsical line includes charms, crosses and other add-on pieces; the proposed middle line would consist of fashion jewelry utilizing colored stones, diamonds and pearls applied to various applications, such as necklaces, pendants, earrings, bracelets and rings; the Couture line is its most luxurious line, and consists of one-of-a-kind pieces, new showcase products each year, and predominantly utilizes diamonds, platinum and other precious metals and stones of the highest grade and quality available; and the Bridal line is its core business.

Bergio International Announces Positive Year End Results

FAIRFIELD, NJ, Apr 04, 2013 (Marketwired via COMTEX) -- Bergio International, Inc. (OTCQB: BRGO) ("Bergio" or the "Company") announced today the year end results for 2012.

The Company shows a profit from operation of $73,186 which was an increase of approximately $314,193 or 130% from the loss of $241,000 from the same period last year.

The Company reported an increase in revenue of 24.47% for total net sales of $2,017,614 for the year ended December 31, 2012, as compared to $1,621,000 for year ended December 31, 2011. Further, the Company reported that stockholders' equity increased by 23% from $1,223,000 for the fiscal year ended December 31, 2011, to $1,506,096 for the fiscal year ended December 31, 2012. The company also reports an Asset to Liability ratio of 2 to 1.

The Company's working capital has increased by $625,815 to $1,595,272 as of December 31, 2012 from $969,457 for the same period last year. Our assets have increased by $744,081 to $2,927,915 as of December 31, 2012 from $2,183,826 for the same period last year.

Berge Abajian, CEO of Bergio, stated, "I am pleased with this year's end results. I urge all shareholders to examine our financials closely, of which our income from operation in our P&L is the most important line item. Anything below this figure is purely non-cash expenses as well as derivatives expenses which must be recognized due to convertible notes."

He continued, "We are looking forward toward a successful 2013, while continuing on the positive path of 2012. We may have a slow start to the year, but with the current deals in place we should be seeing an exemplary third quarter and on." He added, "I would like to address the concerns of our shareholders regarding dilutions, we are working diligently with many banking institutions to obtain a credit line for the company for working capital, which would minimize or end the dilution. We should be releasing a press release in the near future concerning our mega deal."

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.

Contact:

Bergio International, Inc.
Investor Relations
973-227-3230 Ext13
www.bergio.com


SOURCE: Bergio International

CONTACT:          http://www.bergio.com/

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SUBJECT CODE:
Financial Services:Commercial and Investment Banking
Financial Services:Investment Services and Trading
Financial Services:Retail Banking
Retail:Cosmetics and Accessories
Lifestyle and Leisure:Fashion
Lifestyle and Leisure:Women's Interest
Financial Services:Venture Capital