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Ya and the company bgmo invested in seems to be just another pinky company from the info we were given.
"Investment in marketable securities consists of 2, 132, 157 shares of common stock in a publically traded company at a
cost of I million. During the period from January I, 2012 through September 10, 2012, the Company recorded an
unrealized loss of O.1 million. As of September 17, 2012, the estimated fair value of the shares was O.9 million."
Imagine that, one pinky company ivesting in another pinky company. I wonder what kind of promises the CEO made to Herzog to get him to invest? You don't think this person may have lied to HH do you? Turnabout is fair play! Hah! One pinky CEO lying to another pinky CEO.
Well.....so far HH has lost $100,000 in this stock purchase. I guess with all the millions HH says he has, a tax loss write off would do wonders for Bergamo's tax return......LOL.
Cheers!
Write when you break even.
I guess that would be only 2 more weeks out according to the post you made about all the answers for shareholders will come in 3 weeks and that was back on Sept. 24. So.........we are now down to 2 weeks. Imagine that!
Cheers!
I can't imagine the compilation report costing more that a few hundred bucks. I don't see where it would have cost no more than $300 myself. IMO no shares were ever given to LLB for their sevices.
Well, at least we are now down to 2-4 weeks according to one member here, a week has gone by since him saying it will only be 3-5 weeks for things to work out for us shareholders.
The Herzog fade is already getting old!
Cheers!
That was over one year ago before the "New Investment Program" was entered into.........LOL
Here is an interesting site, "Bergamo Investments LTD".....
http://www.companiesintheuk.co.uk/ltd/bergamo-investments
Also on BGMO's website under contact partners tab:
UK Contact
Bergamo Investment Limited
UK Contact:
Ali Adnan
ali@bergamoenergy.com
Phone: 447587207680
Cheers!
Nah, just posting what was stated in the compilation.
I didn't write or calculate anything. Simply cut and pasted from the compilation. You need to blame LLB or HH not me.
Its fun to look at anyway even though its probably all a wet dream.
Like I keep saying, the PPS does NOT lie!
Cheers!
Personally I like the "New Investment Program" better....
Check out note 3 BGMO made $88 million in just over 1 month. The investment platform was signed August 2012 and this is ongoing for 5 years.
AND...
It provides for weekly payment of those profits.
FIVE YEARS FOLKS!!!
Of BGMO receiving these payments.
Money will be raining down from the sky!
Surely HH will start declaring dividends to shareholders soon!
Who needs a boring old Eurobond anyway?
Cheers!
I think HH has switched from the Eurobond funding back to the "New Investment Program".
Hell, HH has so much money I can't keep up with where its all coming from. Sort of like the Federal Reserve, it just falls out of thin air.
Cheers!
Excuse me!!!....
Don't you mean plenty of time for sleeping on a stack of money and "silver" after things are finished.
How rude!!!
Cheers!
Thats a mighty big word...."MAYBE"
Thats the problem with bgmo. To mainy words like "maybe", "if", "soon", etc. always seem to be in the dialogue.
I sure wish somebody would come on here and present actual known and verifiable facts for once. Hell, just a simple bgmo bank statement backing up the numbers would help. HH could simply scan it, black out the account number, then post it. I could have one of my personal bank statements up on the net in less than 20 minutes.
Of course then we would have to deal with some claiming it was photoshopped.
Cheers!
I for one would like to know where all the money is coming from HH boasts about. Is the Eurobond still in play or what?
Also, why does he need to sell millions of shares if he has all this money?
Cheers!
Pinkies are driven by news....
Evidently the compilation PR was not the right news. Any period of time that goes by without news will cause downward pressure on the PPS.
It will take another PR by HH of the right kind to cause a rise in the PPS. No news is bad news in pinky land.
Cheers!
The PPS is the ultimate decider on who is right.
Hmmm! Heading lower today.
Cheers!
Its hard to believe HH and SP have milked a total $80 million for themselves out of this while the PPS remains down in 3 to 4 cents range. If they did maybe they will feel sorry for us poor old stockholders and throw us a bone.
Cheers!
Darn it! I will need to go back and lower my sell orders. I hate it when that happens.
Cheers!
Not $5 anymore...
whats up with that?
Cheers!
"During the period ended September 17,2012, the Company accrued $40 million in commissions to the Company's president and director and another $40 million to the Company's executive vice president and director."
Wow, HH and SP must be very rich men. I'm surprised nobody has mentioned this statement from the LLB report.
Cheers!
No....not 5X earning....
Historically a good average for a stock P/E is 12X. Currently the mkt is closer to 20X on over all average. http://seekingalpha.com/article/180981-average-p-e-ratio-by-decade
If you take the stated .53 HH says is the earning per share, then this would equate to $6/share. Price divided by earnings equals the PE. 6/.53= approx a 12 PE.
But....... since L.L. Bradford did not verify the the numbers behind BGMO by doing a full certified audit, then this PE game is null and void for now.
HH will need actual proof behind these numbers for the PPS to reach a 12 PE ratio average. Sure....I/we hope the numbers HH presents are real, but for now I will just sit back and watch HH's cat and mouse game a while longer to see if he will follow up with something more.
Personally I can't imagine L.L. Bradford coming out with anything more for a while so soon after a just completed compilation.
The ball is back in HH's court on this one.
Cheers!
Hard to argue with that
Rahi, whatcha think? Any more meetings with HH and company?
You may be the only one that could provide us with a 3rd party verification of real money behind bgmo. HH says he has money in his financial statement today, so why don't you ask him to send you the funding? Pakistan is said to be hot on these solar water pumps. Time is money!
Let us know.....
Cheers!
Not only are they UNAUDITED but......
L.L. Bradford said they did NOT even REVIEW them!!!!!
What does that tell you?
I guess this is why they said they wouldn't touch this with a ten foot pole, I mean, will not express an opinion or provide any assurance.
Notice how the market quickly discounted this news from HH. Why?....because L.L. Bradford said "Management is responsible for the preparation and fair presentation of the financial statements"
So......it is basically HH writing this finacial statement without any real verification of the facts behind it.
Why didn't they say something about when to expect a true AUDITED report HH was telling us about?
WTF Mr. Herzog?
Cheers!
It matters NOT what HH says in the next pr.....
All eyes should be directly focused on what L.L. Bradford puts out. Anything HH puts out on his own will be quickly discounted given his history.
Cheers!
Was that a .05 for a high today I saw in the quote details!!!
Yep it sure was!!!
Getting better fellas!
GOT SHARES?
Cheers!
One man's trash is another man's treasure.........
BUY LOW AND SELL HIGH!!!
GET'EM WHILE THERE CHEAP FELLAS!!!
IMO
Cheers!
I think the only way to get anything is to just call HH himself. Emails never seem to get answered. At least none of mine do.
Cheers!
I have to admit the spike in the pps on good volume today was very good to see. Could this be a sign next week will be the week we get some real news out of HH. Whatcha think Howie?
IMO, like I said many times, a low float will be the KEY in how high the pps will go IF (big if) HH does come thru on some of the deals he talks about. With HH's history, it will definitely take an audit by L.L. Bradford for him to establish credibilty with the market place.
Who knows, just maybe all those newly issued shares actually went to indviduals involved with business deals, promoters, etc. and are locked up tight as restricted shares.
Todays spike in the pps just may be the beginning!
Cheers!
All that is missing is a EE in the middle...lol
And the bottom doesn't seem to be in yet either. Each week the pps drifts lower and lower. Are we about to witness the .01's this week or next? Stay tuned the loses may get greater.
If HH or L.L. Bradford were ever to speak, right about now would be a good time.
Cheers!
IMO all eyes should be focused on L.L. Bradford for they are the only ones that have the ability to eventually get the real truth out about HH/Bergamo which can be trusted.
Unfortunately L.L. Bradford seems to be in the exact situation us common shareholders are in............waiting on HH to finish said transactions.
Come on HH, we are ALL waiting!
Cheers!
I couldn't agree more Rahi. As I've said before, all roads lead back to HH and all negative comments should be directed at him. Sometimes frustration can lead to lashing out in ways which have no merit.
Again we are all left in the dark about the real happening behind Bergamo. This is no ones fault, but HH himself. None of us on hear are stupid and can see both sides of the equation. Unfortunately in reality things don't bode well for HH and company. At least not from a common shareholder perspective due to lack of real information. The only thing we know for sure is the OS keeps rising without any explaination from HH on this issue. It sure appears HH is trying to keep the game going by raising what little cash he can by selling shares, key work "appears". But, and there is always a but.......is this what he is really doing? NKS IMO
Cheers!
The Italian Euro Bond seems so far away. Wasn't there a picture of that bond on Bergamo's website. Can't seem to find it now, so............where is the big funding going to come from HH talks about?
Enquiring minds want to know!
Cheers!
Presto! Exibit B
LOL
Cheer!
If the funding comes in.........
Put me down for one of those roof top models...LOL
Cheers!
Rahi, thanks for answering my original post to you. It seems to have opened up a real can of worms around here.
As you can clearly see there is a fight on here about the validity behind Bergamo and HH's claims to all this funding he talks about. It all comes down to the money issue. Personally I have no idea what the situation is on that end, but the future for bgmo's shareholds is totally riding on wheather the funding is real or not. So.........as you can see, we are very much interested on the funding claims by Mr. Herzog just as much as you are.
I was hoping you could give us a bit more insight on this since you once posted, "BB Solar is just a blip on Bergamo's total portfolio". Has there been anything shown to you that tells you Mr. Herzog has the money he claims to have? Anything other than the balance sheet HH posts on the website? Surely he has shown you something with some validity. just a simple yes or no would do AND do you believe him?
I have no doubt about BB Solar's validity. It sounds like you guys have your act together especially budgeting your business to get it as far along as is has. Its Begamo's/HH's validity we are worried about and now we see where the OS has jumped thru the roof to near 200 million shares. Has any of these newly issued shares come your way? If not, what do you suppose is happening on that end? After all, Begamo's success may/will directly affect your success.
I thank you for your time sir!
Cheers!
Hey Rahi, how did the meeting go with Bergamo?
You stated BB Solar is just a blip on Bergamo's total financial portfolio. How is it going now?
Inquiring minds want to know! You posted on here before, so why not an update?
Cheers!
He said the "hard working employees"......
which means he ain't talking about L.L. Bradford.
Cheers!
They will eventually end up being float shares at some point anyway, even if they are restricted.
HH better get a real pr out soon or this dead horse is headed for the glue factory. I don't hear the fat lady singing just yet, but I think she is warming up.
Cheers!
IDK either, KNS IMO
Cheers!
I wish I could oblige you
We all know from the radio interview HH was headed back to London or UK (whichever), for what, I don't know.
Findout5 said something about HH finishing something which has been a major hang up. The only thing I can think of that has been the hold up is MONEY!
Does HH have it?
I have no idea.........sorry
Cheers!
I would prefer to think of a .025 pps penny stock to be more like a silver mine just waiting to be exploited thank you very much.
Cheers!