BERGIO INTERNATIONAL, INC. (OTCMKTS:BRGO) Files An 8-K Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

BERGIO INTERNATIONAL, INC. (OTCMKTS:BRGO) Files An 8-K Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

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Item 4.02(a) Non-Reliance on Previously Issued Financial
Statements or a Related Audit Report or Completed Interim Report

On April 17, 2017, the Board of Directors of Bergio, Inc. (the
Company), functioning as the Companys Audit Committee, and the
Companys independent registered public accounting firm determined
that the Companys unaudited financial statements for the quarters
ended June 30, 2016 and September 30, 2016 filed on quarterly
reports on Form 10-Q with the U.S. Securities and Exchange
Commission (the SEC) on August 15, 2016 and November 14, 2016,
respectively, contained material misstatements pertaining to a
certain revenue transaction that the Company determined needed to
be reversed. In connection with its review of the consolidated
financial statements for the fiscal year ended December 31, 2016,
management of the Company determined that the previously issued
financial statements contained in the Companys Quarterly Reports
on Form 10-Q for the quarters ended June 30, 2016 and September
30, 2016 should be amended to correct errors in those financial
statements.

Below is the quarterly consolidated data for the year ended
December 31, 2016 to be restated, compared to the quarterly
consolidated data for the year ended December 31, 2016 as
previously filed.

Restated

June 30

September 30

Net sales

$

51,079

$

88,986

Gross margin

$

74,227

$

88,358

Income before taxes

$

(149,328)

$

(153,633)

Net income (loss)(1)

$

(149,328)

$

(153,633)

Net income attributable to

Bergio International, Inc.

$

(140,542)

(144,537)

Basic loss per share (1)

$

(0.00)

$

(0.00)

Diluted loss per share (1)

$

(0.00)

$

(0.00)

As Previously Filed

June 30

September 30

Net sales

$

548,679

$

88,986

Gross margin

$

250,721

$

88,358

Income before taxes

$

171,778

$

(153,633)

Net income (1)

$

171,778

$

(153,633)

Net income attributable to

Bergio International, Inc.

$

180,654

(144,537)

Basic income per share (1)

$

0.00

$

(0.00)

Diluted income per share (1)

$

0.00

$

(0.00)

(1)

The unaudited financial statements of the Company for the quarter
ended June 30, 2016, filed in a quarterly report on Form 10-Q
with the U.S. Securities and Exchange Commission (the SEC) on
August 15, 2016, contained material misstatements.

The Company has reviewed its accounting policies and procedures
on April 17, 2016, and determined that the quarter ended June 30,
2016, will need to be restated for the categories described above
and therefore should not be relied upon.

The decision to restate the financial statements for the quarters
ended June 30, 2016 and September 30, 2016 was made after
managements discovery and analysis of one transaction that should
have been reflected in such quarters’ financial statements.

We intend to file with the SEC as soon as practicable an
amendment to our Quarterly Reports on Form 10-Q for the quarters
ended June 30, 2016 and September 30, 2016.


About BERGIO INTERNATIONAL, INC. (OTCMKTS:BRGO)

Bergio International, Inc. is engaged in the product design, manufacturing, distribution of jewelry. The Company’s products consist of a range of jewelry styles and designs made from precious metals, such as gold, platinum and Karat gold, as well as other precious stones. The Company’s designs consist of jewelry that includes white diamonds, yellow diamonds, pearls and colored stones in 18 Karat gold, platinum and palladium. It designs and produces 100 to 150 product styles. The Company’s product range is divided into over three fashion lines, such as an 18 Karat gold line, a bridal line and a couture line. Its collections include Byzantine, Cestino and Safari Collections, which consist of approximately 30 pieces made with pink gold and diamonds. Its offerings also include the Sistina and Rocca Collections.

BERGIO INTERNATIONAL, INC. (OTCMKTS:BRGO) Recent Trading Information

BERGIO INTERNATIONAL, INC. (OTCMKTS:BRGO) closed its last trading session 00.00000 at 0.00010 with 1,000,000 shares trading hands.

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