Dallas TX 11/19/2009 1:54:53 AM
News / Business

OPSY, BMGP, AMNP, SNBP, VGPR, BLAP, KWBT, PWRM, HESG, QMM, BRGO OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, November 18th

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Our Stocks to Watch today include Optical Systems Inc. (OTC: OPSY), Biomagnetics Diagnostics Corp. (OTC: BMGP), American Sierra Gold Corp. (OTCBB: AMNP), Sinobiopharma Inc. (OTCBB: SNBP), Vega Promotional Systems Inc. (OTC: VGPR), Blast Applications Inc. (OTC: BLAP), Kiwa Bio-Tech Products Group Corp. (OTCBB: KWBT), Power3 Medical Products Inc. (OTCBB: PWRM), Health Sciences Group Inc. (OTC: HESG), Quaterra Resources Inc. (Amex: QMM) and Bergio International Inc. (OTCBB: BRGO).

 

Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover’s Digest Newsletter and Email Stock Watch Alerts.

 

OPTICAL SYSTEMS INCORPORATED (OTC: OPSY)

"Up 8.82% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/OPSY.php 

 

Company Profile: http://www.otcpicks.com/optical-systems/optical-systems.htm

 

Optical Systems, Inc., through its operating subsidiary, Automotive Software Designers, Inc., develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue.

 

OPSY News:

 

November 16 - Optical Systems, Inc. Launches New Version of Its Flagship CRM Product, Save-a-Deal

 

Save-a-Deal 2010 software product is designed to help dealerships retain customers and reduce sales costs

 

Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry and a wholly owned subsidiary of Optical Systems, Inc. (OTC: OPSY), announced the launch of Save-a-Deal 2010, the latest version of its flagship, customer relationship management (CRM) software for automotive dealerships across the United States.

 

"The sooner-than-expected launch of Save-a-Deal 2010 is a huge milestone for the company," said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "We believe Save-a-Deal 2010 is the most robust CRM software solution for auto dealerships on the market today. We have already received inquiries from several, large automotive groups and expect to have a marketing agreement signed in the next few weeks to rapidly expand our presence into key markets within the U.S."

 

Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales and profit-per-vehicle, while lowering costs through enhanced efficiency.

 

Save-a-Deal 2010 is a more streamlined, cost-effective CRM solution than its predecessor with added capabilities in remote personnel management, customer service, training, and security.

 

New features of Save-a-Deal 2010 include:

 

* Real-time access speeds with normal content loads of more than 200,000 database records from three different states with multiple, concurrent users.

* Added scalability from modular software architecture.

* Significant savings on installation and maintenance costs.

* Three levels of security to ensure protection of dealerships' sensitive data and information.

* More customization for electronic records management.

 

"Save-a-Deal 2010 enables auto dealerships to more effectively manage people and processes to achieve operational excellence," said Grisaffi.

 

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)

"Up 6.67% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/BMGP.php 

 

Company Profile: http://www.otcpicks.com/biomagnetics-diagnostics/biomagnetics-diagnostics.htm

 

Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.

 

BMGP News:

 

November 4 - Biomagnetics Applies for Gates Foundation Grand Challenge Grant

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis, and malaria detection, announced it has submitted an application to the Bill & Melinda Gates Foundation for a grant to further develop the Integrate Optical Biosensor Sensor (IOBS) technology it is plans to bring to market. The topic for the Grand Challenge Grant is Low Cost Diagnostics for Global Priory Health Conditions, which includes both malaria and tuberculosis.

“The availability of low cost diagnostics for malaria and tuberculosis are major concerns for not only health care professions, but also for the Gates Foundation. The technology we plan to introduce reduces the cost of traditional malaria testing by up to two-thirds,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics. “The IOBS platform produces test results measured in only minutes, whereas traditional methodologies often take many days. Additionally, the handheld IOBS platform can be utilized in the field at point of care by relatively untrained personnel. We believe the IOBS platform holds the promise to revolutionize testing for not only malaria, but also for many other diseases including tuberculosis and HIV/AIDS. We believe the Gates Foundation had a device such as IOBS in mind when it devised the specifications for the Challenge Grant.”

 

According to the World Health Organization, some 3.2 billion people, or about half the world's population is at risk of malaria transmission in 107 countries and territories worldwide. While there are between 350 million and 500 million new cases of malaria each year, there are very few reliable and field deployable diagnostic tools available. In the case of malaria, early detection substantially improves treatability and survivability. Field deployable Integrated Optical Biosensor Systems (IBOS), such those Biomagnetics Diagnostics is planning to soon introduce hold the promise to significantly speed the diagnostic testing process and to meaningfully lower costs and improve lives.

 

AMERICAN SIERRA GOLD CORPORATION (OTCBB: AMNP)

 

Detailed Quote: http://www.otcpicks.com/quotes/AMNP.php 

 

Company Profile: http://www.otcpicks.com/american-sierra-gold/american-sierra-gold.htm

 

American Sierra Gold Corp. is a publicly traded independent gold exploration company headquartered in Reno, Nevada. Shareholders and prospective investors are encouraged to call investor relations at 1-888-279-3921 or visit American Sierra Gold Corp's website at www.americansierragold.com.

 

AMNP News:

 

November 17 - American Sierra Gold Corp. Discovers New Gold-Rich Zone at El Rosario, Urique Project

 

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announces the discovery of a new gold-rich zone within the El Rosario mine of the Company's Urique Project, Mexico.

 

The highlights of the completed work program include:

 

* 9.74 g/t Au and 356.7 g/t Ag over 1.68 m.

* 2.16 g/t Au and 92.5 g/t Ag over 2.93 m.

* 3.60 g/t Au and 108.2 g/t Ag over 1.87 m.

* 5.65 g/t Au and 95.9 g/t Ag over 0.45 m.

* 3.69 g/t Au and 112.7 g/t Ag over 1.10 m.

* 3.53 g/t Au and 243.1 g/t Ag over 0.40 m.

 

All the abovementioned results come from the underground sampling within the Rosario tunnel. This tunnel, the largest of three known workings within the El Rosario target area, was reconditioned, re-mapped and sampled in preparation for a planned underground drill program. Previously unknown extensions to the workings were encountered and sampled resulting in the discovery of the new gold-rich zone. A total of 22 samples were taken from this zone with values ranging from 0.06 to 11.57 g/t gold and 6.6 to 358.7 g/t silver.

 

The El Rosario target measures approximately 175 metres wide by 400 metres long and has never been drilled. It is open along strike and to depth. Multiple +1 kilogram per tonne silver assays have been collected from various veins throughout the El Rosario target. Significant silver mineralization also occurs within the altered andesite host rocks (257 g/t silver and 0.78 g/t gold over five metres), which adds to the bulk tonnage potential of the target. In 2008, surface sampling, some 150 metres above the Rosario tunnel, encountered bonanza grades of as much as 10.6 g/t gold and 8,290.0 g/t (or 241.5 ounces per ton) silver.

 

"We are very excited with the results of our work at El Rosario. The presence of multiple vein sets hosting high-grade silver-gold mineralization, as well as felsic intrusives related to widespread alteration and mineralization of the andesitic rocks, suggests that the El Rosario target area has the potential to expand further," commented Mr. Wayne Gruden, American Sierra's CEO.

 

"The new high-grade gold zone encountered may represent an ore shoot and this concept needs to be tested by drilling. We are, therefore, currently working on the preparation of an underground drilling program which we expect to initiate in the near-term and conclude in the first months of 2010," added Mr. Gruden.

 

SINOBIOPHARMA INCORPORATED (OTCBB: SNBP)

 

Detailed Quote: http://www.otcpicks.com/quotes/SNBP.php 

 

Company Profile: http://www.otcpicks.com/sinobiopharma/sinobiopharma.htm 

 

Sinobiopharma, Inc. is a fully integrated and highly innovative specialty biopharmaceutical company engaged in the research and development, manufacture and marketing of biopharmaceutical products in China, the world's fastest growing pharmaceutical market. Known as Dong Ying (Jiangsu) Pharmaceutical Co., Ltd. in China, the Company's current therapeutic focus is on anesthesia-assisted agents and cardiovascular drugs.

 

SNBP News:

 

November 16 - Sinobiopharma has Production Rights to 23 Drugs Listed in China's National Essential Drugs List

 

All Drugs on List to be Covered by Basic Government Insurance That Will Cover 90 Percent of China's Population

 

Sinobiopharma, Inc. (OTCBB: SNBP) announced that 23 generic drugs for which the Company has production rights are listed in China's National Essential Drugs List, which covers pharmaceuticals used to treat up to 80 percent of the most common diseases in China.

 

According to the Chinese government's healthcare reform plan, 90 percent of China's citizens will be covered by a universal healthcare system by the year 2010. Under the plan, drugs on the National Essential Drugs List (the "List") will be purchased by various levels of government first, then distributed to medical facilities. All drugs on the List will be covered by the basic insurance plan supported by the government. The plan also calls for medical facilities to be upgraded, which includes the construction of 30,000 new hospitals, clinics and care centers across China.

 

"While Sinobiopharma is primarily focused on the development, production and distribution of "me-too/me-better" branded new or generic drugs with high margins, the inclusion of 23 generic drugs for which the Company owns production rights on the National Essential Drugs List, will enable us to increase both sales and margins," said Dr. Lequn Lee Huang, Sinobiopharma President and CEO. "We expect that this new advantage in the marketplace will also enable the Company to enhance our ability to improve return on investment for shareholders in 2010."

 

VEGA PROMOTIONAL SYSTEMS INCORPORATED (OTC: VGPR)

 

Detailed Quote: http://www.otcpicks.com/quotes/VGPR.php 

 

Company Profile: http://www.otcpicks.com/Newsletter/VGPR_eProfile_110909.html

 

Vega Biofuels, Inc. (VGPR) was formed to pursue the production and sale of biofuel products throughout the world. With the growing need for clean energy, and the uncertain costs of fossil fuels, power generating plants around the world are looking at more useful and economical methods to run their power systems.

 

VGPR News:

 

November 17 - Trading Overview for Vega Promotional Systems Inc. Issued by Beacon Equity

 

BeaconEquity.com announces an investment report featuring Vega Promotional Systems Inc. (OTC: VGPR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

 

Vega Promotional Systems Inc. (VGPR) engages in the production and sale of biofuel products worldwide. The Company manufactures energy efficient pellet fuel made from organic waste by-products. It offers bio-mass and bio-diesel products for power generation units.

 

In the report, the analyst notes:

 

"VGPR recently announced that its board of directors has approved a move from the Pink Sheets to the OTCBB. The Company is currently interviewing accounting firms to handle the audit associated with the move and hopes to have a firm secured in the next few days and will provide further updates as this matter progresses.

 

"The Company has applied for a grant from the State of Georgia under the federal State Energy Program to help fund the construction of the manufacturing plant. The U.S. Department of Energy announced July 7, 2009, that Georgia will receive $32.9 million in federal money to support energy efficiency and renewable energy projects across the state. The money is part of a total of nearly $82.5 million the department will award Georgia as part of the federal State Energy Program. Georgia's proposal outlined plans for increasing the use of renewable energy and reducing greenhouse gas emissions. The state will get more than $41 million in additional funding upon demonstrating successful implementation of the plan that will create green jobs, address state energy priorities and adopt emerging renewable energy and energy efficiency technologies; all of which are services that are provided by VGPR."

 

To read the entire report, visit www.beaconequity.com/i/VGPR.

 

November 16 - Vega Chooses ARE Energy to Provide Generators for Its 'Green Valley Project'

 

Vega Promotional Systems, Inc. (OTC: VGPR) announced the Company has narrowed its search for power producing generators for its "Green Valley Project" to ARE Energy.

 

The "Green Valley Project" is a multifaceted green energy power production facility that converts inexpensive methane gas from an abandoned coal mine into electricity and thermal energy. During the recent three year demonstration project, three generator sets were installed onsite in order to prove the viability of utilizing coal bed methane from the Green Valley mine as a sole source of fuel to generate electricity. Prior to Vega becoming involved in the project, the three generators were returned to the manufacturer.

 

Vega recently announced the addition of Robert Chew to oversee the redesign of the Green Valley Project. One change that will be made is that the power generating capacity of the facility will be increased by 100% to generate approximately 5 megawatts of power. Mr. Chew has narrowed the search for replacement generators to ARE Energy, a division of American Railroad Equipment. The two companies are currently designing two generator sets for the project that would produce 5 megawatts of power. Once operational, the power will be sold to the local power company.

 

Vega will provide additional details in the next few days concerning the delivery and set up of the generator sets.

 

BLAST APPLICATIONS INCORPORATED (OTC: BLAP)

"Up 167.97% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/BLAP.php

 

Blast Applications, Inc. (www.blastapplications.com) is a premier creator and developer of applications for iPhone®, Twitter® and Facebook®, that allows users to have more fun, be more productive and make social media sites easier to use and more intuitive than before.

 

BLAP News:

 

November 17 - Blast Applications BLAP Accepted to Apple's iPhone Developer Program

 

Blast Applications, Inc. (OTC: BLAP) announced it has been accepted into the iPhone Developer Program to develop applications for sale on the Apple iTunes App Store.

 

The iPhone Developer Program provides a complete and integrated process for developing and distributing applications for the iPhone and iPod Touch. Blast Applications is now developing applications to be sold through the Apple iTunes App Store. Apples iTunes App Store currently has over 100,000 third party applications available with over 2 billion downloaded as of September 28th 2009.

 

Blast Applications is beta testing its first iPhone/iTouch application in preparation for its release. The application is internally referred to as "Project F", a pay-per-download application which will be a refined way of viewing RSS feeds, Twitter and e-mail along with the ability bookmark articles.

 

"With nearly 2.4 billion dollars worth of applications sold for smart phones, the market potential is enormous. Having the ability to sell our applications through Apple's iTunes App Store is a huge step towards that market," says CEO Dino Luzzi.

 

KIWA BIO-TECH PRODUCTS GROUP CORPORATION (OTCBB: KWBT)

"Up 37.50% in morning trading"

 

Detailed Quote: www.otcpicks.com/quotes/KWBT.php 

 

The Company develops, manufactures, distributes and markets innovative, cost-effective, and environmentally safe bio-technological products for agricultural and natural resources and environmental conservation. The Company's products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes.

 

KWBT News:

 

November 12 - Kiwa Bio-Tech Reports Third Quarter Results

 

Kiwa Bio-Tech Products Group Corporation (OTCBB: KWBT) announced results for the third quarter and for the first nine months of 2009.

 

Revenues for the third quarter of 2009 were $1,374,561 a decrease of 40.9% from revenues of $2,327,315 in the third quarter of 2008. This decrease was in part due to deliberate reduction in sales of low margin bio-fertilizer and bio-feed products. In addition, the Company's efforts in boosting sales revenue were partially offset by requests to customers of cash payment at the time of purchase.

 

During the three months ended September 30, 2009, cost of sales was $1,351,838, representing a decrease of $919,934 or 40.5%, compared with $2,271,772 for the same period of 2008. The sharp decrease of cost of sales was mainly attributable to reduction of revenue.

 

Net loss, attributable to Kiwa shareholders, for the third quarter of 2009 was $516,933 compared to a net loss, attributable to Kiwa shareholders, of $567,770 in the same period of 2008.

 

Revenues for the first nine months of 2009 were $2,864,253 compared to $7,539,083 in the first nine months of 2008. During the nine months ended September 30, 2009, net loss attributable to Kiwa's shareholders was $1,962,356, an increase of $77,370 or 4.1%, compared with $1,884,986 for the same period of 2008.

 

Please refer to documents filed with the Securities and Exchange Commission for additional information on the results for the third quarter and first nine months of 2009.

 

Mr. Wei Li, Chairman and CEO of Kiwa, noted, "We remain focused on strengthening manufacturing and marketing resources to develop our various business segments and product lines. The Company also continues to seek to secure financing that will provide flexibility in building our business and improve the balance sheet."

 

POWER 3 MEDICAL PRODUCTS INCORPORATED (OTCBB: PWRM)

"Up 42.64% in morning trading"

 

Detailed Quote: www.otcpicks.com/quotes/PWRM.php 

 

Power3 Medical Products Inc. is a leading Bio Medical company engaged in the commercialization of cancer and neurodegenerative disease biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3's patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Power3 operates a state-of-the-art CLIA certified laboratory in The Woodlands (Houston), Texas. The Company continues to evolve and enhance its IP portfolio.

 

PWRM News:

 

November 18 - Is Power3 Medical the Next ‘Vermillion Dollar Baby?’

 

BioMedReports.com, the news portal which covers Wall Street's biomedical sector and delivers financial and investment intelligence to a community of highly informed investors, has issued a special report on Power3 Medical Products (OTCBB: PWRM), the developer of several blood tests designed for early detection, monitoring and targeting of diseases like Alzheimer's, Parkinson's and breast cancer.

 

With 10 years of development of their technology and intellectual property, and with commercialization in sight, Power3 is at a critical point in the company's growth. Company CEO, Helen Park told BioMedReports on Tuesday afternoon:

 

"Power3 Medical Products has recently completed the Phase I Clinical Trials for Alzheimer's and Parkinson's diseases blood diagnostic tests with better than expected results and launched the Phase II clinical trials for both of these diseases. Our Chief Scientific Officer, Dr. Ira Goldknopf, is reporting new information on these results at the BIT meeting in China this week."

 

The medical community's interest in these new tests, huge market potential, pending positive news, partnerships and technical analysis here look very solid and the stock will open on Wednesday roughly three cents away from potential break-out over a previous level of resistance and previous high.

 

HEALTH SCIENCES GROUP INCORPORATED (OTC: HESG)

"Up 50.00% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/HESG.php

 

Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its Web site and health-focused publications. The Health Sciences network consists of its public website and iGoHealthy Magazine. The Company operates in two segments: Online Services and Publishing and Other Services.

 

HESG News:

 

November 18 - InvestorSoup.com issues Technical Trading Outlook for Health Sciences Group Inc.

 

InvestorSoup.com announces an investment report featuring Health Sciences Group Inc. (OTC: HESG). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

 

The investment report on Health Sciences Group Inc. (OTC: HESG) should be of particular interest to other drug retailers: Healthways Inc. (Nasdaq: HWAY), Express Scripts Inc. (Nasdaq: ESRX) and VYTA Corp. (OTC: VYTC).

 

It is available at www.investorsoup.com/lp/HESG.

 

QUATERRA RESOURCES INCORPORATED (AMEX: QMM)

"Up 21.49% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/QMM.php

 

Quaterra Resources Inc. is a junior exploration company focused on making significant mineral discoveries in North America. The Company uses in-house expertise and its network of consultants, prospectors and industry contacts to identify, acquire and evaluate prospects in mining-friendly jurisdictions with the potential to host large and/or high-grade base and precious metal deposits. The Company's preference is to acquire a 100% interest in properties on reasonable terms and maintain this interest through initial exploration and evaluation.

 

QMM News:

 

November 12 - Quaterra Initiates In-Fill Core Drilling at Nieves Silver Deposit

 

Mapping of additional highly prospective areas also underway

 

Quaterra Resources Inc. (Amex: QMM) (TSX-V: QTA) and 50% joint-venture partner Blackberry Ventures 1, LLC, today announced commencement of an in-fill drilling program on the Concordia vein at its Nieves silver property in northern Zacatecas, Mexico.

 

A 400-meter section of the Concordia vein drilled on 50-meter centers during 2008 resulted in the delineation of an indicated and inferred silver resource, which was announced earlier. The current program will increase drill density to approximately 25-meter intervals to overcome difficulties in constraining the initial resource model. About 5,000 meters of drilling is planned as part of this program.

 

"The aim of this in-fill drill program, which began on November 7, is to confirm the continuity of high-grade silver mineralization within the current resource," says Quaterra President and CEO Thomas Patton. "The present drill spacing of 50 meters is insufficient to demonstrate continuity of high-grade values between holes, which resulted in cutting high-grade silver values to 371 grams in the initial resource estimate. If drilling on 25-meter centers shows the same high-grade silver values found in previous wider spaced drilling, we can increase both the grade and contained ounces within the original resource area."

 

Detailed mapping and sampling is also in progress on other targets within the project area, including the recently discovered Cerro Gregorio vein, a separate and parallel vein system 300 to 400 meters north of the Concordia vein near San Gregorio Hill. Initial results from only a few holes indicate that the vein could be comparable in widths and grades to the Concordia vein.

 

The mineral resource estimate for the Nieves Property was completed by independent consultant Michelle Stone, P.Geo., Caracle Creek International Consulting Inc., using accepted industry standard methods that conform to National Instrument 43-101 and was announced by the Company on March 3, 2009. Nieves' initial indicated resource of 2.9 million tons averaging 110.2 g/t silver contains 10.26 million ounces of silver. An inferred resource of 2.3 million tons averaging 96.6 g/t silver contains an additional 7.0 million ounces of silver. The Caracle Creek report concludes that the resource displays strong continuity along strike and down dip and that mineralization continues beyond the extent of current drilling.

 

BERGIO INTERNATIONAL INCORPORATED (OTCBB: BRGO)

"Up 18.57% in morning trading"

 

Detailed Quote: www.otcpicks.com/quotes/BRGO.php 

 

Bergio is a 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 our line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok. We have establish Bergio International as a holding company for the purpose of acquiring 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 we pursue any potential acquisition candidates, we intend to target the top 10% of the world's jewelry manufactures that have already created an identity and brand in the jewelry industry.

 

BRGO News:

 

November 16 - The Bergio Collection is Offered at Neiman Marcus

 

Bergio International, Inc. (OTCBB: BRGO) announced that the company has come to an agreement to launch the Bergio Collection in the Neiman Marcus stores, starting with two locations in the Short Hills mall and Parmus Mall in New Jersey.

 

The Neiman Marcus channel exposes Bergio to Nieman's existing name recognition, and its branding in places which caters to the upper elite consumer. This consumer is 30 to 65 years of age, and spends $5K to $200K on jewelry several times a year; they are extremely influential in their sphere of network.

 

"Neiman Marcus is an international brand, thus Bergio anticipates the exposure will increase brand awareness, which could increase Revenues by 20% to 25%. Bergio will start placing the designs in Nieman Marcus stores in New Jersey," stated Berge Abajian, CEO of Bergio International, Inc.

 

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Disclosure: OTCPicks has been compensated five thousand dollars from a non-controlling third party for SNBP advertising and promotional services. Previously OTCPicks.com has been compensated three thousand dollars by a third party (WFWS Consulting) for SNBP advertising and promotional services. OTCPicks.com has been compensated two hundred seventy five thousand free trading shares by a third party for OPSY advertising and promotional services. OTCPicks.com has not been compensated for VGPR advertising and promotional services, but OTCPicks principles have purchased five hundred thousand free trading shares in the open market and reserves the right to sell any or all shares at any time. OTCPicks has been compensated seven thousand five hundred dollars from a non-controlling third party (BlueWave Advisors) for AMNP advertising and promotional services. OTCPicks.com has been previously compensated seven thousand five hundred dollars by a third party for BMGP advertising and promotional services. OTCPicks.com has been compensated twelve thousand five hundred dollars by a third party for BMGP advertising and promotional services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. OTCPicks.com is a website partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.