Bergio International Attains $25M
12 Janvier 2010 - 12:00PM
PR Newswire (US)
FAIRFIELD, N.J., Jan. 12 /PRNewswire-FirstCall/ -- Bergio
International, Inc. (OTC:BRGO) (BULLETIN BOARD: BRGO) - Berge
Abajian, CEO and Designer of Bergio International today announces
they have attained a $25M equity line of credit through Tangiers
Capital. "We are extremely pleased to have attained this $25M
equity line of credit which will be carefully utilized to implement
our acquisition strategies for 2010 to 2011," stated Berge Abajian,
CEO of Bergio International. About Bergio International, Inc.
Bergio is entering into its 20th year of operations and
concentrates on boutique, upscale jewelry stores. It currently
sells its jewelry to approximately 150 independent jewelry
retailers across the United States. Bergio has spent millions in
branding the Bergio brand through tradeshows, trade advertising,
national advertising and billboard advertising since launching the
line in 1995. 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. We
have established Bergio International as a holding company for the
purpose of acquiring well-established jewelry design and
manufacturing firms who possess branded product lines.
Additionally, Bergio intends to acquire design and manufacturing
firms throughout the United States and Europe. If and when they
pursue any potential acquisition candidates, they intend to target
the top 10% of the world's jewelry manufactures that have already
created an identity and brand in the jewelry industry.
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 also 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. http://www.bergio.com/ DATASOURCE: Bergio
International, Inc. CONTACT: Charis C. Harris, President of
IRworks, LLC, +1-646-688-5823 Web Site: http://www.bergio.com/
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