If you consider buying BRGO stock, it’s important to understand a few key points. First, let’s examine the company’s recent expansion into e-commerce. Then, we’ll look at the Company’s proposed conversion price and new Series C Preferred Stock. Also, we’ll look at the company’s recent acquisition of GearBubble. And finally, we’ll discuss the possible BRGO conversion price and new Series C Preferred Stock.
BRGO’s expansion into e-commerce
BRGO has expanded its portfolio by purchasing two online retailers, Aphrodite’s and GearBubble, for $10 million. This expansion into e-commerce will help BRGO generate 500% higher revenue for this year than in the previous year. GearBubble is expected to generate $20 million in gross sales from July 2, 2021. BRGO will also benefit from GearBubble’s world-class marketing and B2-B e-commerce business, which will boost its bottom line.
BRGO has been trading sideways for the past month, but today’s action will surely put the stock on the watch list of many traders. Currently, BRGO is trading above its major moving averages, which are also bullish indicators. However, if the stock manages to maintain its gains above the resistance level of $.002, a pullback is likely to occur. Further, if BRGO can hold over the.02 resistance level could be a bullish sign for the next few days.
In addition to acquiring GearBubble, Bergio also received Aphrodites, a company that sells unique jewelry. Aphrodite has already exceeded projections to generate $18 million in sales this year. GearBubble did $27 million last year, and the combined entity could achieve revenues of $50 million or more. Despite the small market cap of BRGO Stock or IPOE Stock, it’s expected that Bergio will disrupt big jewelry designers and monopolize the market.
BRGO’s acquisition of GearBubble
BRGO’s acquisition of GearBuble will result in the company owning 51% of its assets. BRGO will pay GearBubble shareholders $2 million upfront and the rest in 15 monthly payments in return for the acquisition. In addition, the company will also offer GearBubble shareholders the chance to earn shares of BRGO common stock if the Merger Sub meets specific benchmarks within three years of the Closing Acquisition Agreement.
The acquisition of GearBubble will create an extremely strong position for BRGO. The company is expected to generate a robust fourth quarter due to the holiday season. In addition, the full-year impact of the new acquisitions on the company’s results is expected to boost sales across the GearBubble portfolio and the bottom line of Bergio International. This is great news for both companies. With this acquisition, BRGO is entering a new market and is bringing in new customer bases.
While BRGO purchased Aphrodite’s for $5 million in February, it’s not yet clear what the company’s goal is for GearBubble. GearBubble is a B2B e-commerce fulfillment platform that integrates with Etsy and Amazon. The acquisition of GearBubble is expected to close in July. The combined company expects to generate $30 million in revenue in 2020 and $27 million by 2022. In addition, the vertical integration and control of production will allow GearBubble to meet the high demand for its products.
The acquisition of GearBubble makes BRGO the number one player in the jewelry industry. The deal will increase BRGO’s gross sales by over 50% and add $ 20 million to the company’s earnings. The combined company is expected to generate over $ 30 million in revenue in 2021, which excludes Aphrodite’s profits. However, if the acquisition is successful, the combined company could bring in more than $50 million.
BRGO’s conversion price
BRGO’s conversion price is dependent on the market’s demand for a particular underlying asset. BRGO can meet this need through its existing infrastructure, including its own data center, a network of data centers, and a trading platform. However, it may be challenging to obtain the necessary data to calculate BRGO’s conversion price. In the past, BRGO has had limited success in achieving this objective.
As a result, there has been a great deal of speculation surrounding the value of BRGO. While this speculation is wildly popular, it is not entirely without merit. The company has entered into a Securities Purchase Agreement (SPA) with certain accredited investors and has a Convertible Promissory Note (CPN) with Digital Age Business, Inc. (DABI). BRGO also has a Registration Rights Agreement and a Security Agreement with Digital Age Business, Inc.
BRGO’s new Series C Preferred Stock
BRGO has issued 30,000 shares of perpetual Series V Preferred Stock with a par value of $0.01 per share and a liquidation preference of $25000 per share, represented by 25 depositary shares. These securities are redeemable at the firm’s option on or after November 10, 2026, for cash equal to $25,000 per share and $1,000 per depositary share, plus any unpaid dividends.
The Series A Preferred Stock has no voting rights, no preferences, and other special rights or privileges. Shareholders who hold these shares will have no rights of participation, voting, or preference in the business or the organization. They will also be exempt from taxes, but they will be entitled to receive dividends on the proceeds of their investment in BRGO. The Series C Preferred Stock is expected to have a par value of $1.00 per share.
The Series C Preferred will automatically convert into Common or Non-Voting Common Stock before the company’s IPO. Investors should consider their tax situation and whether a conversion would benefit them. While a transfer of the Series C Preferred Stock is a risky proposition, it is possible to make a lot of money by purchasing the shares. However, there are other benefits as well, including the potential for tax-deductible dividends.
Holders of the Initial Series A Preferred Stock will be able to convert up to 4,200 shares of the stock into common stock. After two years, holders will have the option to convert the remaining 10,500 shares. The process will take approximately one year to complete. Upon conversion, holders of the Series A Preferred Stock will receive many shares of Common Stock equal to the quotient of the aggregate Stated Value of the Series A Preferred Stock.