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Bergio Intl. 1Q Sales +144%, Narrows Loss 9%

May 16, 2011 2:55 PM   By Jeff Miller
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RAPAPORT... Bergio International reported that sales during the first quarter that ended March 31, 2011, rose 144 percent to $270,551 and cost of sales jumped 706 percent to $181,053.  Bergio reported a net loss of $177,830, which was an improvement from the loss of $195,358 reported one year ago.

Berge Abajian, Bergio's chief executive, said,  "I am pleased with the positive results for the first quarter and direction of the company. Historically, the first quarter sales tend to be the lowest of the year and to see the positive increase is a very encouraging sign for 2011. I look forward to the JCK show in June where we will launch our three new collections for the 2011 selling season."
Tags: Berge Abajian, bergio, Bergio International, JCK show, Jeff Miller, wholesale
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