Bergio International, Inc. (OTCBB: BRGO), Bergio International announced today that they have terminated the $25M equity-line contract agreement with Tangiers Capital, which was consummated on January 12th, 2010.

Berge Abajian, CEO of Bergio International, Inc., said, "We have made the decision and have mutually agreed to terminate our $25M equity-line agreement contract, dated January 12th, 2010, with Tangiers Capital. I feel that the termination of this contract was made in the best interest of not only the company but the shareholders as well. We are still moving forward with our original plan of potential acquisition candidates and we are currently analyzing alternative options for financing which I feel will make more sense economically in relation to both our short term and long term expansion strategies.”

About Bergio International, Inc.

Bergio International, Inc. is a leading jeweler creating one of the world's largest diversified jewelry designers and manufacturers through acquisitions and consolidation in the estimated $160 billion a year highly fragmented independently owned Jewelry industry. Bergio currently sells its jewelry to approximately 150 jewelry retailers across the United States. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in the United States and Italy.

Forward-Looking Statement:

The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.

Bergio (PK) (USOTC:BRGO)
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Bergio (PK) (USOTC:BRGO)
과거 데이터 주식 차트
부터 11월(11) 2023 으로 11월(11) 2024 Bergio (PK) 차트를 더 보려면 여기를 클릭.