[X]
|
Quarterly
Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
|
For
the quarterly period ended September 30,
2009
|
|
[ ]
|
Transition
Report pursuant to 13 or 15(d) of the Securities Exchange Act of
1934
|
For
the transition period to __________
|
|
Commission
File Number: 333-150029
|
Delaware
|
N/A
|
|
(State
or other jurisdiction of incorporation or organization)
|
(IRS
Employer Identification No.)
|
12 Daniel Road E. Fairfield, New Jersey
07004
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(Address
of principal executive offices)
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(973) 227-3230
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(Issuer’s
telephone number)
|
________________________________________________________
|
(Former
name, former address and former fiscal year, if changed since last
report)
|
[ ]
Large accelerated filer Accelerated filer
|
[ ]
Non-accelerated filer
|
[X]
Smaller reporting company
|
|
Page
|
|
PART I – FINANCIAL INFORMATION
|
||
3 | ||
4 | ||
7 | ||
7 | ||
PART II – OTHER INFORMATION
|
||
8 | ||
8 | ||
8 | ||
8 | ||
8 | ||
8 | ||
9 |
Our
financial statements included in this Form 10-Q are as
follows:
|
|
F-1
|
Balance
Sheets as of September 30, 2009 (unaudited) and December 31, 2008
(audited);
|
F-2
|
Statements
of Operations for the three and nine months ended September 30, 2009 and
2008, and for the period from inception (July 24, 2007) through September
30, 2009 (unaudited);
|
F-3
F-4
|
Statements
of Stockholders’ Equity from inception (July 24, 2007) to September 30,
2009 (unaudited)
Statements
of Cash Flows for the nine months ended September 30, 2009 and 2008 and
for the period from inception (July 24, 2007) through September 30, 2009
(unaudited);
|
F-5
|
Notes
to Financial Statements;
|
|
ASSETS | |||||||
September
30,
2009
|
December
31,
2008
|
|||||||
|
(unaudited) |
|
||||||
|
||||||||
CURRENT
ASSETS
|
||||||||
Cash
|
$
|
16,669
|
$
|
21,430
|
||||
Total
Current Assets
|
16,669
|
21,430
|
||||||
OTHER
ASSETS
|
||||||||
Net
assets of discontinued operations
|
|
-
|
-
|
|||||
Total
Other Assets
|
-
|
-
|
||||||
TOTAL
ASSETS
|
$
|
16,669
|
$
|
21,430
|
||||
LIABILITIES AND STOCKHOLDERS' EQUITY
(DEFICIT)
|
||||||||
CURRENT
LIABILITIES
|
||||||||
Accounts
payable
|
$
|
26,985
|
$
|
23,985
|
||||
Total
Current Liabilities
|
26,985
|
$
|
23,985
|
|||||
STOCKHOLDERS'
EQUITY (DEFICIT)
|
||||||||
Common
stock; 75,000,000 shares authorized,
|
||||||||
at
$0.001 par value, 5,033,450
|
||||||||
shares
issued and outstanding
|
5,033
|
5,033
|
||||||
Additional
paid-in capital
|
30,312
|
30,312
|
||||||
Deficit
accumulated during the exploration stage
|
(45,661)
|
(37,900)
|
||||||
Total
Stockholders' Equity (Deficit)
|
(10,316)
|
(2,555)
|
||||||
TOTAL
LIABILITIES AND
|
||||||||
STOCKHOLDERS'
EQUITY (DEFICIT)
|
$
|
16,669
|
$
|
21,430
|
From
Inception
|
||||||||||||||||
on
July 24,
|
||||||||||||||||
|
For
the Three Months Ended
|
For
the Nine Months Ended
|
2007
Through
|
|||||||||||||
September
30,
|
September
30,
|
September
30,
|
||||||||||||||
|
2009 |
|
2008 |
|
2009 |
|
2008 |
|
2009 | |||||||
REVENUES
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
||||||
OPERATING
EXPENSES
|
||||||||||||||||
General
and administrative
|
-
|
-
|
-
|
-
|
-
|
|||||||||||
Total
Operating Expenses
|
-
|
-
|
-
|
-
|
-
|
|||||||||||
LOSS
FROM OPERATIONS
|
|
-
|
|
-
|
|
-
|
|
-
|
|
-
|
||||||
PROVISION
FOR INCOME TAXES
|
-
|
-
|
-
|
-
|
-
|
|||||||||||
NET
LOSS FROM CONTINUING OPERATIONS
|
-
|
-
|
-
|
-
|
-
|
|||||||||||
DISCONTINUED
OPERATIONS
|
(1,935)
|
(505)
|
(7,761)
|
(9,609)
|
(45,661)
|
|||||||||||
NET
LOSS
|
$
|
(1,935)
|
$
|
(505)
|
$
|
(7,761)
|
$
|
(9,609)
|
$
|
(45,661)
|
||||||
BASIC
LOSS PER SHARE
|
$
|
(0.00)
|
$
|
(0.00)
|
$
|
(0.00)
|
$
|
(0.00)
|
||||||||
WEIGHTED
AVERAGE NUMBER
|
||||||||||||||||
OF
SHARES OUTSTANDING
|
5,033,450
|
5,033,450
|
5,033,450
|
5,033,450
|
||||||||||||
Deficit
|
||||||||||||||||||||
Accumulated
|
Total | |||||||||||||||||||
Additional
|
During
the
|
Stockholders'
|
||||||||||||||||||
Common
Stock
|
Paid-in
|
Exploration
|
Equity
|
|||||||||||||||||
Shares
|
Amount
|
Capital
|
Stage
|
(Deficit)
|
||||||||||||||||
Balance
at inception on
|
||||||||||||||||||||
July
24, 2007
|
- | $ | - | $ | - | $ | - | $ | - | |||||||||||
Common
stock issued for
|
||||||||||||||||||||
cash
at $0.001 per share
|
||||||||||||||||||||
on
September 4, 2007
|
2,400,000 | 2,400 | - | - | 2,400 | |||||||||||||||
Common
stock issued for
|
||||||||||||||||||||
cash
at $0.01 per share
|
||||||||||||||||||||
on
November 9, 2007
|
2,560,000 | 2,560 | 23,040 | - | 25,600 | |||||||||||||||
Common
stock issued for
|
||||||||||||||||||||
cash
at $0.10 per share
|
||||||||||||||||||||
on
November 27, 2007
|
73,450 | 73 | 7,272 | - | 7,345 | |||||||||||||||
Net
loss from inception
|
||||||||||||||||||||
through
December 31, 2007
|
- | - | - | (959 | ) | (959 | ) | |||||||||||||
Balance,
December 31, 2007
|
5,033,450 | 5,033 | 30,312 | (959 | ) | 34,386 | ||||||||||||||
Net
loss for the year ended
|
||||||||||||||||||||
December
31, 2008
|
- | - | - | (36,941 | ) | (36,941 | ) | |||||||||||||
Balance,
December 31, 2008
|
5,033,450 | 5,033 | 30,312 | (37,900 | ) | (2,555 | ) | |||||||||||||
Net
loss for the nine months
|
||||||||||||||||||||
ended
September 30, 2009
|
- | - | - | (7,761 | ) | (7,761 | ) | |||||||||||||
Balance,
September 30, 2009
|
5,033,450 | $ | 5,033 | $ | 30,312 | $ | (45,661 | ) | $ | (10,316 | ) |
From
Inception
|
||||||||||||
on
July 24,
|
||||||||||||
For
the Nine Months Ended
|
2007
Through
|
|||||||||||
September
30,
|
September
30,
|
|||||||||||
2009 |
|
2008 |
|
2009 | ||||||||
OPERATING
ACTIVITIES
|
||||||||||||
Net
loss
|
$
|
(7,761)
|
|
$
|
(8,109)
|
$
|
(45,661)
|
|||||
Adjustments
to reconcile net loss to cash flows
|
||||||||||||
from
operating activities:
|
||||||||||||
Changes
in operating assets and liabilites:
|
||||||||||||
Accounts
payable
|
3,000
|
-
|
26,985
|
|||||||||
Net
Cash Used in
|
||||||||||||
Operating
Activities
|
(4,761)
|
(8,109)
|
(18,676)
|
|||||||||
INVESTING
ACTIVITIES
|
-
|
-
|
-
|
|||||||||
FINANCING
ACTIVITIES
|
||||||||||||
Proceeds
from issuance of common stock
|
-
|
-
|
35,345
|
|||||||||
Net
Cash Provided by
|
||||||||||||
Financing
Activities
|
-
|
-
|
35,345
|
|||||||||
NET
INCREASE (DECREASE) IN CASH
|
|
(4,761)
|
|
(8,109)
|
|
16,669
|
||||||
CASH
AT BEGINNING OF PERIOD
|
21,430
|
34,386
|
-
|
|||||||||
CASH
AT END OF PERIOD
|
$
|
16,669
|
$
|
26,277
|
$
|
16,669
|
||||||
SUPPLEMENTAL
DISCLOSURES OF
|
||||||||||||
|
CASH
FLOW INFORMATION
|
|||||||||||
CASH
PAID FOR:
|
||||||||||||
Interest
|
$
|
-
|
$
|
-
|
$
|
-
|
||||||
Income
Taxes
|
$
|
-
|
$
|
-
|
$
|
-
|
Statements
of Operations
|
||||||||||||
From
Inception
|
||||||||||||
on
July 24,
|
||||||||||||
|
For
the Nine Months Ended
|
2007
Through
|
||||||||||
September
30,
|
September
30,
|
|||||||||||
2009
|
2008
|
2009
|
||||||||||
REVENUES
|
$ | - | $ | - | $ | - | ||||||
OPERATING
EXPENSES
|
||||||||||||
General
and administrative
|
7,761 | 9,609 | 45,661 | |||||||||
Total
Operating Expenses
|
7,761 | 9,609 | 45,661 | |||||||||
LOSS
FROM OPERATIONS
|
(7,761 | ) | (9,609 | ) | (45,661 | ) | ||||||
PROVISION
FOR INCOME TAXES
|
- | - | - | |||||||||
NET
LOSS
|
$ | (7,761 | ) | $ | (9,609 | ) | $ | (45,661 | ) |
Exhibit
Number
|
Description
of Exhibit
|
BERGIO
INTERNATIONAL, INC.
|
|
Date:
|
November
16, 2009
|
By: /s/Berge
Abajian
Berge
Abajian
Title: Chief
Executive Officer and Chief Financial Officer
|