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Alias Born 05/14/2012

Re: Greengo post# 20737

Monday, 05/14/2012 9:33:33 PM

Monday, May 14, 2012 9:33:33 PM

Post# of 41931
With all due respect, what Bergamo posted on their website is total nonsense and does not conform to any known and accepted accounting system. It certainly doesn't conform with US GAAP. But beyond that, why is there no auditor's letter, and don't say they just hired one. Next the SEC doesn't audit financial statements and no one would ever say "subject to SEC audit".

And why would the SEC care about BGMO as the company was de-listed years ago other than for the likely case that BGMO is practicing securities fraud. Don't counter with why don't they prosecute, it is incorrect logic and doesn't reflect how the SEC spends its time.

Where are the notes to the Balance sheet? The P&L the posted is a fiction and doesn't tie to the balance sheet. I'm sorry it is not a balance sheet so that last comment is irrelevant.

Finally, if this company really had any assets, and certainly assets totaling over $1 billion then why does the company have a market capitalization of $124,000? Because there aren't any assets.