SOURCE: Bergio International, Inc.

Bergio International, Inc.

February 18, 2016 09:00 ET

Bergio International,Inc.'s (BRGO) CEO Berge Abajian Sets New Agenda for the Company to Enhance Net Stock Holders Equity

FAIRFIELD NJ--(Marketwired - Feb 18, 2016) - Bergio International, Inc.'s (OTC PINK: BRGO) CEO Berge Abajian announces that BRGO will begin implementation of a new plan to get the Company back on track to success. The Company has already taken steps to maintain its public disclosure on OTC Markets by remaining current in its reporting obligations. Corporately, BRGO is considering amending its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares to protect its majority stakeholders. These securities will then become available to the common shareholders. The mandate, moving forward, is to start reorganizing the debt on the balance sheet, so that the company is debt free. The next part of the plan is to enhance the Net Stock Holders Equity in the Company by acquiring profitable businesses and or assets, using the Convertible Preferred Stock as currency.

Berge Abajian, CEO of Bergio International, Inc. says, "This new plan is absolutely necessary in order to attract investment into BRGO. We will also be able to restore investor confidence, if we commit ourselves to remove affiliate& non-affiliate debt, and build net stockholders equity on the balance sheet. This is a process that we are committed to forging ahead with, our resolve to complete those tasks are a function of effort, teamwork and time".

He further states, "We have a team of very qualified professionals that will implement this strategy and our mandate, moving forward, BRGO will seek to have more of a transparent dialogue with its investors, as to the clarity of implementing those objectives. As we meet certain milestones, the investment community will be made more thoroughly aware through public disclosure and record."

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 Information

  • Contact:

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