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Bergio International Reports First Quarter Results With Increase In Gross Revenue and Drastically Reduced Debt (Convertible Notes)

Bergio International, Inc. (“Bergio,” or the “Company”) (OTC PINK:BRGO), an American holding corporation and global leader in eCommerce and fashion tech, has reported its financial results for the first quarter of 2022. In the first quarter, worldwide gross sales were $2,095,551, an approximate 82% increase compared to $1,149,314 the previous year.

Bergio’s debt (convertible note) has lowered significantly to $52,801 compared to $946,286 in 2021, a 94% decrease from 2021. And, total liability has dropped to $5,328,016 from $7,034,433 from the prior year. This boosted stockholder equity to $4,771,706 from $3,740,303, an increase of 27% from 2021.

Berge Abajian, CEO of Bergio International Inc., states, “Our quarterly sales fell in line with our projections. Since the acquisitions of 2021, we’ve been focusing on cleaning the balance sheet from the convertible debt which resulted in some dilution. But, we can report that the dilution has drastically reduced and all the funding we received for the acquisition has been paid.”

He continued, “I see a very bright future ahead with less dilution. Our second quarter has met our expectations and our key marketplace platforms like Amazon and Etsy surpassed our projections, setting a pace for a momentous year.”

“Now that the debt (convertible note) on the balance sheet is significantly lowered and with the increase of the stockholder equity, we should see a positive effect on the stock price”, Berge concluded.

First Quarter 2022 Highlights

  • Gross sales reached $2,095,551, an approximate 82% increase compared to $1,149,314 the previous year.
  • Debt (convertible note) has dropped significantly to $52,801 compared to $946,286 in 2021, a 94% decrease from 2021.
  • Total liability has decreased to $5,328,016 from $7,034,433 from the prior year. This boosted stockholder equity to $4,771,706 from $3,740,303, an increase of 27% from 2021.
  • Aphrodite’s, Bergio’s fast-growth DTC (direct to consumer) jewelry brand posted strong sales with Valentine’s and Mother’s Day, and Gearbubble, the B2B brand launched a highly successful launch with an NFT eCommerce integration. Both of which had a significant impact on the bottom line.
  • Amazon and Etsy sales have over exceeded expectations and these platforms are on track to have a record-breaking year.

About Bergio International, Inc.

The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio’s signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The Bergio brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000. For further information, please visit www.bergio.com.

This press release includes forward-looking statements regarding our business strategy and plans as well as expectations of future growth, all of which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical in nature and include those related to future financial and operating results, benefits, and synergies of the combined companies, statements concerning the Company’s outlook, pricing trends, and forces within the industry, the completion dates of capital projects, expected sales growth, cost reduction strategies, and their results, long-term goals of the Company and other statements of expectations, beliefs, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors, including changes in the general economy; changes in demand for the Company’s products or in the cost and availability of its raw materials; the actions of its competitors; the success of our customers; technological change; changes in employee relations; government regulations; litigation, including its inherent uncertainty; difficulties in plant operations and materials; transportation, environmental matters; and other unforeseen circumstances. A number of these factors are discussed in the Company’s previous filings with the U.S. Securities and Exchange Commission, including those detailed under the caption “Risk Factors” in our Annual Report for the year ended December 31, 2019 filed with the SEC. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 (the “Act”) protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Media Contact

Alina Keo
alina@aphrodites.com
(952) 681-0406

Investor Relations

John Guercio
jpguercio@aol.com
(845) 216-3100

SOURCE: Bergio International, Inc.

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JZZ Technologies, Inc. Signs $800,000 Direct Investment Agreement with DataBoss, Inc. Payable in Shubh Coin

JZZ Technologies Inc. (OTC Pink: JZZI), a diversified technology company focused on digital media and strategic biotechnology acquisitions related to human life extension and human longevity (“JZZ” or the “Company”), has reached an agreement (“Agreement”) with North Brunswick, New Jersey-based DataBoss Inc. (“DataBoss”) whereby DataBoss will purchase directly from JZZ 125,000,000 restricted common shares of JZZ’s stock.

Per the provisions of the Agreement, JZZ will issue to DataBoss 125,000,000 restricted shares of its common stock and DataBoss will pay JZZ the sum of $800,000 in Shubh Coin. DataBoss will have the option to purchase an additional 75,000,000 common shares of JZZ’s stock at $0.06 per share. All share issuances will be in accordance with Rule 144 and restricted for a minimum of one year.

Shubh is a token based on Ethereum blockchain. The most current price for one Shubh coin can be found here. For more information about Shubh coin, please visit http://www.shubh.network.

Per its press release dated May 3, 2022, JZZ announced the licensing of up to 12 million images of video content for the creation of NFT digital artworks to DataBoss. JZZ and DataBoss are exploring potential strategic partnerships that would benefit both companies.

DataBoss President Neel Sawant stated, “We are making a strategic investment in the digital assets and follow-on marketing by JZZ Technologies, Inc. There are tremendous synergies between our two companies and the development and sale of NFTs from digital content fits very well with our Shubh platform that is blockchain driven. There are many opportunities for us to enrich our collective technologies.”

Charles Cardona, Chairman and CEO of JZZ Technologies, Inc. commented, “This direct investment by DataBoss shows the level of confidence that they have in our potential for revenue growth and appreciation of the value of these assets, and beyond. DataBoss is a very forward-thinking company, and its leader, Neel Sawant is a visionary in the crypto space. We feel that this alliance between our companies can grow into a highly profitable, long-term relationship that produces many new and groundbreaking products and services.”

The market for NFTs reached $41 billion in 2021, nearly matching the total value of the entire global fine art market. An NFT is a widely defined as a digital asset that represents real-world objects like art, digital works and videos. They are bought and sold online, mostly using cryptocurrency. NFTs are generally encoded with the same underlying software as many cryptos using blockchains. NFTs are also designed as one of a kind, or one of a very limited run, each identified by a unique code.

JZZ holds the rights to license at least 12 hours of video for the express purpose of creating, modifying, and selling NFT digital artwork. Modifications and production of NFTs from original frames are at the sole discretion of JZZ. The content held by JZZ includes a variety of images, movie stock, TV stock, out takes, and B-Roll footage from the productions. In all, the raw footage accounts for over one million raw images from video and stills, each of which can be artistically produced into numerous NFTs.

About DataBoss Inc.

DataBoss Inc., with its unique combination of data-driven decision systems and experienced experts, identifies and facilitates investments in high-potential profit oriented yet responsible companies that provide value to society through sustainable technologies with applications in cleantech, health tech, and other emerging technologies. For more information, please visit Databoss.network.

About JZZ Technologies, Inc.

JZZ Technologies, Inc. is a diversified technology company engaged in the following three distinct business sectors: (i) its digital media business which includes online media and apps (activelifestylemedia.com), content creation, and digital marketing, targeted to active adults 55+, (ii) strategic biotechnology and bioscience related to Human Life Extension and (iii) Human Longevity that can be immediately leveraged to support improved quality of life for the senior population. For more information, please visit www.jzztechnologies.com.

Press Contact:
JZZ Technologies, Inc.
Charles Cardona, CEO
ccardona@jzztechnologies.com

DISCLAIMER and FORWARD-LOOKING STATEMENTS

Certain statements contained herein are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company’s business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company’s products; the Company’s ability to protect its proprietary information; general economic and business conditions; and the volatility of the company’s operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.

DeFi Technologies’ Wholly-Owned Subsidiary Valour, SEBA Bank and MVIS Launch the SEBA VALOUR Metaverse Index

DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Valour Inc. (“Valour“), its wholly owned subsidiary and a pioneer in digital asset exchange traded products (“ETPs“), has partnered with SEBA Bank and MarketVector Indices (“MVIS”) to launch the SEBA VALOUR Metaverse Index (SVMETA).

The SVMETA index is an investable index for tokens building for the Metaverse that provides exposure to crypto assets related to gaming, entertainment and social interactions within the virtual and augmented reality world.

“The metaverse has incredible potential to change the way we interact with technology and the world around us, like how the internet altered that same intersection,” said Tommy Fransson, CEO at Valour. “This product enables people to invest in that potential – taking part in the next big technological revolution.”

SVMETA is a rules-based index that covers the CCCAGG pricing and is calculated in USD as a price index. The index is reviewed on a monthly basis. Detailed information about the index, including methodology details and index data, is available at [LINK].

“The Metaverse is the next iteration of the internet. It is a 3D virtual world that will allow users to interact with their environments and other Metaverse users. Apart from its massive entertainment potential, the Metaverse is expected to create its own ecosystem of commercial avatars, thereby creating incredible investment opportunities,” said Gregory Mall, Head Investment Solutions at SEBA Bank. “The SEBAV Metaverse Index engineered by SEBA Bank in collaboration with MVIS and Valour provides exposure to digital assets designed to capture the accelerating trends of gaming, entertainment and social interactions shifting into virtual environments. SEBA V constituents include tokens with exposure to the Metaverse which are selected based on their market capitalization and liquidity,” he continued.

With this latest development, DeFi Technologies is further advancing its mission of integrating the foundational assets of the new digital economy into legacy financial institutions. Through Valour, DeFi Technologies offers 27 unique ETPs based on 8 of the highest performing DeFi tokens. These ETPs include Bitcoin Zero and Ethereum Zero, the only zero-fee synthetic crypto ETPs currently traded in Europe. Learn more about DeFi Technologies and Valour at defi.tech and valour.com.About DeFi Technologies

DeFi Technologies Inc. is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit https://defi.tech/About Valour

Valour Inc. issues exchange-listed financial products that enable retail and institutional investors to access investment in disruptive innovations, such as digital assets, in a simple and secure way. Established in 2019 and based in Zug, Switzerland, Valour is a wholly owned subsidiary of DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF). For more information on Valour, visit https://valour.comAbout SEBA Bank

Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence, and in September 2021 the CISA licence – the first time a reputed, regulatory authority such as FINMA has granted such licences to a financial services provider with a core capability in digital assets. In February 2022 SEBA Bank secured the Financial Services Permission from Abu Dhabi Global Market and opened an office in Abu Dhabi.

The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank’s value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report, LGT Bank launched a cooperation, and CB Insights name SEBA Bank two years in a row as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category “Digital Startup of the Year”, in 2022 SEBA Bank won the WealthBriefing Swiss EAM Award for Excellence in Digital Assets Offering or Service, and LinkedIn list SEBA Bank as one of the Top Startups 2021 in Switzerland.

For more information about SEBA Bank, please visit our website.About MarketVector Indices – www.mvis-indices.com

MarketVector Indexes GmbH (MVIS®) develops, monitors and markets the MVIS® indexes, a focused selection of pure-play and investable indexes. The introduction of MVIS® indexes has expanded VanEck’s successful brand from exchange-traded products to indexes, and the current portfolio of MarketVector indexes reflects the company’s in-depth expertise when it comes to emerging markets, hard assets, fixed income and special asset classes. Approximately USD 33.60 billion in assets under management are currently invested in financial products based on MVIS® indexes. MarketVector Indexes is a VanEck® Company.Cautionary note regarding forward-looking information:

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the listing of the SVMETA index; investor interest in Valour’s ETPs; geographic expansion and additional listings of Valour’s ETP offerings; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by DeFi Technologies and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges, including the NGM, Frankfurt and Euronext; partnership with SEBA Bank and MVIS; investor demand for DeFi Technologies’ and Valour’s products; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/defi-technologies-wholly-owned-subsidiary-valour-seba-bank-and-mvis-launch-the-seba-valour-metaverse-index-301542376.html

SOURCE DeFi Technologies, Inc.