Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good Sign Very Inportant
Funding Agreement with Esoft Informatics Private Ltd.
The Funding Agreement with Esoft Informatics Private Ltd. originally announced on January 12, 2010, has been RENEGOITATED. Mr. Herzog met in India with Mr. Vivek Sinha, the President of Esoft Informatics Private Ltd. to conclude the agreement.
Don't know right now,expect more news on Lebanon after the 11th.
This deal is seperate from the domestic acquistion of suntrough,
The Lebanon deal was put together by HH and HH contacts.
Solar Capital of the 3rd World
This deal is is tip of the iceberg,lots more news in the coming days and weeks.
IMO
Bergamo E&A has engaged Salim Chamdia, the former Chairman of The Karachi Stock Exchange, to assist Bergamo in its financial undertakings in Pakistan. Mr. Chamdia has been named a Vice President and a Director of Bergamo E&A.
Attending this meeting on March 11, 2010 for Bergamo will be Salim Chamdia and Haseeb Fatani, both Vice Presidents of Bergamo E & A. Attending the meeting for Bergamo subsidiary Suntrough Energy, Inc. will be Fazal Chaudhry. The total cost for the project will be USD $500 Million. Under the terms of the LOI, the Lebanese government will provide 100% of the total finance package. Bergamo E & A will be responsible for the technical know-how and will provide a turn-key operation for the government of Lebanon under the terms of the LOI and the letter of credit to be issued by the Lebanese government to support Bergamo activities and its involvement in the project.
BIG NEWS
Bergamo Acquisition Corp. Announces Project for Lebanon
Ticker Symbol: U:BGMO
LAS VEGAS -- (Business Wire) --
Bergamo Acquisition Corp. (OTC Pink Sheets: BGMO) is pleased to announce a new solar power project for the Republic of Lebanon. This week Bergamo key management will travel to Lebanon to conclude the Letter of Intent ("LOI") with the Government of Lebanon. Attending this meeting on March 11, 2010 for Bergamo will be Salim Chamdia and Haseeb Fatani, both Vice Presidents of Bergamo E & A. Attending the meeting for Bergamo subsidiary Suntrough Energy, Inc. will be Fazal Chaudhry. The total cost for the project will be USD $500 Million. Under the terms of the LOI, the Lebanese government will provide 100% of the total finance package. Bergamo E & A will be responsible for the technical know-how and will provide a turn-key operation for the government of Lebanon under the terms of the LOI and the letter of credit to be issued by the Lebanese government to support Bergamo activities and its involvement in the project.
The Letter of Credit will be issued to Bergamo E & A, the wholly owned subsidiary of Bergamo Acquisition Corp. It should be noted that Bergamo will not be required to find a lender or finance source for the project. It should be also be noted that all of the terms have already been agreed to in advance of this meeting. This meeting is to formalize understandings and move forward between Bergamo E & A and the Government of Lebanon.
For most of the past two weeks, Bergamo President and CEO Hillard Herzog has been overseas in connection with the agreement with Esoft Informatics Private Ltd. The Company anticipates an announcement on that funding shortly. Mr. Herzog's travels are total and apart from the project in Lebanon as announced in this release today.
The Bergamo team is aggressively working on other projects and will be updating investors as developments are confirmed.
Certain statements contained in this document may constitute "forward-looking statements." When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors could cause Bergamo actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.
CONTACT
Bergamo Acquisition Corp.
Hillard Herzog, President & CEO, 702-269-0820
hillardbergamo@aol.com
www.BergamoCorp.com
or
Quarterback Investor Relations
John Pentony, President, 972-292-8930
John@QuarterbackIR.com
or
The Eversull Group, Inc.
Jack Eversull, President, 972-378-7917 or 972-571-1624
jack@theeversullgroup.com
Suntrough Management
Asif Ansari has been a technical entrepreneur for over 20 years, and has been a strong and life-long proponent of solar energy. He has founded more than a dozen successful companies in renewable energy, aerospace, alternative transportation, engineering and manufacturing, and global retail while leading the development and commercialization of over 20 technical products in the clean tech and aerospace markets. He is the founder and CEO of Suntrough Energy, Inc. a Chatsworth, California-based solar energy technology company whose primary focus is nothing short of creating a paradigm shift in the way solar energy is deployed around the world. The company is founded on the fundamental premise that a sustainable renewable energy future for the world is rooted in the ability to deliver economics that are competitive with fossil fuels without government incentives. The company is pioneering a new product class; the fully packaged 2.5 MW “plug and play” solar thermal power plant (CSP) for distributed power generation while providing 32,000 GPD of pure desalinated water. Applications range from the industrialized countries, to targeting the 1.6 billion people in the developing world that have no access to grid power or clean drinking water.
Asif was also the co-founder and former CEO of eSolar Inc, a Pasadena-based company considered as the world leader in solar thermal technologies, and often described as the “Google of Clean-Tech.” He was also the co-founder and CEO of Omni Systems, a California-based aerospace company where he led the design of NASA’s Lunar Prospector Spacecraft, a lunar resource mapping mission that was successfully launched in 1998. He also co-founded and served as the COO of Tesla Technologies one of the world’s leading manufacturers of compressed natural gas (CNG) re-fuelling station equipment as a less-polluting alternative to gasoline for transportation.
The only thing that really matters ,is what going on in Middle East.
DOMESTIC FUNDING
HH is India now for the domestic funding.
Then onto Pakistan and Dubai where he said in the interview,he is going to sign solar deals with Lebanon,Oman, and the Ivory Coast,where bank financing is already under way.
Finally someone who gets it.
Great post.
The judgement is old news,the rest is new.There is two sides to every story,that will come out in the coming days or weeks.
The only thing that really matters is how things are going in India.
IMO
This law suit goes back to 2006,and has been posted many times on this board,as well as many others.
OLD NEWS
The leagl issue will be resolved soon.
But the big question is what is going on in India !!!
No wana be's here, the perfect technology for 3rd world countries.
Alot of garbage being posted here.
http://suntrough.com/
Patience is the key here
Good things come for people that wait
IMO
52 wk. High 1.19
very pleasant
Don't know
HH is overseas
IMO
Go and listen again
comments 32 min. in
Go and listen again
comments 32 min. in
http://www.businesstalkradio.net/weekday_host/Archives/bbs.shtml
Feb. 5th hour 2
Updates are very clear
February 6th, 2010 Mr. Peter Swire, CMA, reported today that the Canada Broadcasting Corporation’s French language television service, Radio-Canada, had a lengthy report on recent economic development activities within the Acadian Peninsula.
GreenSafe Demanufacturing Inc (GreenSafe) was one of the highlights in the news coverage.
In addition to the future-focused words by the Hon. Denis Landry, Minister of Transportation, and the Hon. Hédard Albert, Minister of Wellness, Culture and Sport, Mr. Jocelyn Larocque, P. Eng and General Manager for GreenSafe, reported, at length, about the bright future of the flagship Caraquet plant.
Mr. Larocque commented that with greater economic activity and infrastructure enhancements, local businesses, including GreenSafe, should see better input costs.
Community leaders, both on camera and off, have noted an attitudinal shift towards a brighter future for the region.
Part of this is no doubt due to the announcement of our 125,000 square foot demanufacturing plant slated for a late summer 2010 commissioning.
Further, government funded port enhancements valued at $ 25 million were recently announced for Bas-Caraquet, thus helping to secure a bright future in that community. In addition, the recent announcement for a new transportation corridor incorporating both a highway and railway will service both the redeveloped port area and the Industrial Park.
The full news coverage en Français can be found starting at 3 minutes and 49 seconds on the attached link:
http://www.radio-canada.ca/audio-video/pop.shtml#urlMedia%3Dhttp://www.radio-canada.ca/medianet/2010/cbaft/letelejournalatlantique201002061700.asx&promo%3DZAPmedia_Telejournal&duree%3Dcourt
Patience is the key right now
Wait for HH to finish his trip to India, Pakistan and Dubai.
I have an idea what the other aquisitions are,but nothing that can be talked about publicly right now.
IMO
Website is up.
And HH is going to reduce global warming
http://suntrough.com/
http://greensafecanada.com/
People are buying
People are selling
Its called the stockmarket
Global Approach
A fresh approach is needed to engineer solutions with adaptable architectures to overcome the barriers preventing clean energy and water development globally. Suntrough Energy is uniquely positioned to revolutionize solar thermal projects across the world. By harnessing the inexhaustible clean energy from the sun, Suntrough Energy's new class of "clustered" 2.5 MW solar thermal plants are ideally suited for small to mid-sized generation at the village or community level in developing countries. For many of these communities, the only sources of power are environmentally damaging diesel generators. Each 2.5 MW unit replaces the equivalent of 500,000 gallons of diesel fuel annually.
These plants are built near the loads, avoiding the construction of costly and long lead time transmission lines. By offering a solution to lower the minimum economic size of a solar thermal system to 2.5 MW, Suntrough Energy is the first company to take on the global diesel power-generation market with the inherently reliable, pollution-free, and job-creating energy provided by solar plants.
The Challenge
The perfect technology for the 3rd world,clean power and clean water
Suntrough Energy is building a strong presence in the US market. While the renewable energy policies in the Southwestern US provide a solid platform for the deployment and operation of solar power generation domestically, the most substantive impact can be made in developing countries.
Over 3 billion people in these countries have inadequate access to clean water, reliable power infrastructure, and sanitation. More than 6000 people, the majority of them children, die each day due to inadequate drinking water. Moreover, 1.6 billion people do not have adequate access to electricity. By 2030, the world's population is projected to reach 8 billion with 97% of that growth occurring in developing countries. Building conventional power generation sources to bridge the growing gap between power and clean water supply and demand requires miles of costly transmission and distribution networks, and poses serious threats to the stability of the environment.
Quote from HH from interview on Friday.
Already committed bank guarantees from various countrys (Lebanon,Oman Ivory Coast)funding for those projects already under way
We will be the solar capital of the 3rd world
http://suntrough.com/
To hard to predict short term price,Everything depends on timing of financings.
Solar projects in Lebanon and the Ivory Coast,using Suntrough technology.
Goverment contracts in place over the next couple of weeks.
Alot more countrys are coming to the party.
Bergamo will be the biggest solar company in the 3rd world.
Bergamo Acquisition Corp. (OTC Pink Sheets: BGMO) is addressing the many questions that have surrounded its funding agreements. First the funding agreement with Esoft Informatics Private Ltd., originally announced on January 12, 2010, has been renegotiated to the benefit of Bergamo shareholders
Doesn't sound like dilution,lets hear what HH has to say in the interview today.
Today, Mr. Herzog will appear on the Big Biz Radio Show to discuss this further. His appearance will start at approximately 2:20 PM Pacific time. Those interested can listen or watch live by visiting: http://bigbizshow.com/
CONTACT
Bergamo Acquisition Corp.
Hillard Herzog, President & CEO, 702-269-0820
hillardbergamo@aol.com
www.BergamoCorp.com
or
Quarterback Investor Relations
John Pentony, President, 972-292-8930
John@QuarterbackIR.com
ASK HH OR LISTEN TO THE RADIO TODAY
Today, Mr. Herzog will appear on the Big Biz Radio Show to discuss this further. His appearance will start at approximately 2:20 PM Pacific time. Those interested can listen or watch live by visiting: http://bigbizshow.com/
NEWS UPDATE !!!
Bergamo Acquisition Corp. Renegotiates Its Agreement with Esoft
Essential Elements of Agreement Stay in Place
LAS VEGAS, Feb 05, 2010 (BUSINESS WIRE) -- Bergamo Acquisition Corp. (OTC Pink Sheets: BGMO) is addressing the many questions that have surrounded its funding agreements. First the funding agreement with Esoft Informatics Private Ltd., originally announced on January 12, 2010, has been renegotiated to the benefit of Bergamo shareholders. The terms of the funding has been changed from a loan to an equity investment. Funding of this transaction is anticipated to take place when Mr. Herzog travels to India next week to meet with Mr. Vivek Sinha, the President of Esoft Informatics Private Ltd.
In addition, the previous announcement concerning the Company's funding through its European banking associates will now be addressed as part of Mr. Herzog's travels which start in India and conclude in London.
It is important to note that previous announcements concerning the Pakistani Energy Projects are still valid. The Company, through Mr. Herzog, would like to positively state that all prior announcements regarding funding of the energy projects as well, as the Company's overall involvement in these energy projects, will be followed through to completion. Again, the Company, through Mr. Herzog, would like to positively state that these energy projects will be funded and completed without delay.
All of other acquisitions are still in place as well. These include GreenSafe Demanufacturing Inc., Suntrough Energy Inc., and the Mobile Software Technologies company from Japan.
Today, Mr. Herzog will appear on the Big Biz Radio Show to discuss this further. His appearance will start at approximately 2:20 PM Pacific time. Those interested can listen or watch live by visiting: http://bigbizshow.com/
Certain statements contained in this document may constitute "forward-looking statements." When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors could cause Bergamo actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.
SOURCE: Bergamo Acquisition Corp.
CONTACT:
Bergamo Acquisition Corp. Hillard Herzog, President & CEO, 702-269-0820 hillardbergamo@aol.com www.BergamoCorp.com or Quarterback Investor Relations John Pentony, President, 972-292-8930 John@QuarterbackIR.com or The Eversull Group, Inc. Jack Eversull, President, 972-378-7917 or 972-571-1624 jack@theeversullgroup.com
Copyright Business Wire 2010
-0-
KEYWORD: United States
India
Asia Pacific
North America
Nevada
INDUSTRY KEYWORD: Professional Services
Finance
SUBJECT CODE: Contract/Agreement
Funding
Webcast
http://www.offsetters.ca/
February 2nd, 2010 Mr. Peter Swire, CMA, announced today that GreenSafe Demanufacturing Inc (GreenSafe) has executed a Letter of Intent with Offsetters Clean Technology Inc (Offsetters) of Vancouver, BC.
Offsetters is well qualified to handle GreenSafe’s carbon credit monetization strategy given their position as Canada’s leading supplier of high-quality carbon offsets.
With potentially 11 million tons of carbon offsets available per plant annually, GreenSafe’s proprietary processes will permanently eliminate significant sources of greenhouse gas emissions while enhancing shareholder value.
Bergamo Acquisition Corp. Announces Historic Funding in the Amount of $100 Million USD
Ticker Symbol: U:BGMO
LAS VEGAS -- (Business Wire) --
Bergamo Acquisition Corp. (Pink Sheets: BGMO) is pleased to announce the Company has closed on a $100 Million USD financing yesterday, January 11, 2010. The financing is with ESoft Informatics Private Ltd, in conjunction with Newby & Associates, Shannon K. Newby, President. The contract, as executed, requires the deposit of $25 Million USD into Bergamo Acquisition Corp's CitiBank account in Henderson, Nevada. An additional $75 Million USD must be deposited into the same account no later than 22 banking days from yesterday's closing.
These funds will help facilitate the domestic funding as previously announced in connection with the acquisitions of GreenSafe Demanufacturing, Inc., Suntrough Energy, Inc., the Japanese mobile software company acquisition announced yesterday, and the financial services industry subsidiary the Company intends to announce later this week.
Bergamo President Hillard Herzog commented on this historic funding, "Yesterday we closed the biggest funding in the history of Bergamo Acquisition Corp. This now locks in the domestic funding of $250 Million USD. This means that we can immediately this week move on our acquisitions for the benefit of our shareholders. By the end of this week we will also have funded the required application fees for our Pakistan Energy Projects that is connected with our receiving the $1 Billion USD Sovereign Bank Guarantee from the Government of Pakistan which insures the payment of all energy from the Pakistani Energy Projects."
The purpose of this news release is to clarify the point that all of the announced acquisitions that the company has signed tentatively will be finalized sometime this week. These include Suntrough Energy, Inc., GreenSafe Demanufacturing, Inc., the Japanese mobile software company and the financial services subsidiary.
The Company has been asked repeatedly to indicate that funding has taken place. The Company can now assure shareholders that $25 Million USD will be deposited into the Company's bank account as agreed, and the remaining $75 Million USD balance due will be received and deposited no later than 22 banking days from the closing date of the agreement yesterday. The Company can further assure our shareholders that this is just the beginning of what the Company has committed to do. The Company will be updating shareholders on a regular basis with the progress in all of these areas.
Certain statements contained in this document may constitute "forward-looking statements." When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors could cause Bergamo actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.
CONTACT
Bergamo Acquisition Corp.
Hillard Herzog, President & CEO, 702-269-0820
hillardbergamo@aol.com
www.BergamoCorp.com
or
Quarterback Investor Relations
John Pentony, President, 972-292-8930
John@QuarterbackIR.com
or
The Eversull Group, Inc.
Jack Eversull, President, 972-378-7917 or 972-571-1624
jack@theeversullgroup.com
FOR IMMEDIATE RELEASE – NOVEMBER 5, 2009
SOURCE: GREENSAFE DEMANUFACTURING INC.
CANADIAN COMPANY RECEIVES AGREEMENT IN PRINCIPLE ON USD $120 MILLION DOLLARS FOR COMPLETELY SAFE CFC WASTE HANDLING
Mr. Peter Swire CMA, President of GREENSAFE DEMANUFACTURING INC. (“GreenSafe”) announces that the Company has entered into an Agreement in Principle for a Strategic Partnership with the publicly held BERGAMO ACQUISITION CORP. (“Bergamo”) of Henderson, NV.
Bergamo, at the time of closing, will make an initial investment of $50,000,000.00 USD ($53.2 million CAD) in GreenSafe and will have additional financing set aside to provide further financing of $70,000,000.00 USD ($74.5 million CAD) for the construction of multiple plants in Canada. Bergamo and GreenSafe will be moving to closing as soon as possible and are anticipated to conclude this transaction prior to the end of the month of November 2009, if not sooner.
Mr. Swire reported that “ultimately the investment by Bergamo will rapidly accelerate our construction of several state-of-the-art appliance and electronics demanufacturing plants across Canada. Each plant will typically employ over 100 skilled people using the most advanced European technology available.”
GreenSafe is bringing to Canada the first technology in North America which renders the Chlorofluorocarbon waste (CFCs) in any cooling appliance into a naturally occurring and environmentally safe liquid. The new plants, which will be able at full capacity to process 1.6 million appliances each per year, will recover 100% of the CFCs in appliances and convert them into a safe and naturally occurring commercially viable product. The business will process all appliances from large white goods to counter top to computer systems using proven and proprietary European equipment and technology.
The normal North American process is to burn CFCs collected from compressor units while allowing the CFCs in foam insulation to escape into the atmosphere. Governments and environmentalists alike have been asking for safer and more responsible handling of toxic chemicals.
Mr. Swire commented "People hear the words CFC collection with regard to appliance handling and don't realize that the CFCs are being burned. Even The Great Refrigerator RoundUp participates in CFC burning. We are proud to be the only company in North America to provide environmentally safe handling of CFCs as well as achieving top efficiency in reclaiming metal, foam, plastic and glass for recycling. At GreenSafe, 100% of the CFCs are captured from appliances, not just the CFCs in compressor units.”
CFCs are 11,000 times more hazardous to the environment than ordinary carbon dioxide (CO2).
“By ultimately making this investment in GreenSafe”, Mr. Hillard Herzog, President and CEO of Bergamo Acquisition Corp., stated “we participate as a leader in environmentally responsible demanufacturing. Besides protecting the environment for future generations, the GreenSafe investment will assist governments, utilities and homeowners take energy inefficient devices off the power grid”.
The European technology will convert CFCs to a safe and naturally occurring commodity with commercial value. In addition, GreenSafe will end the normal North American process which allows all the CFCs in foam insulation to escape into the atmosphere by capturing CFCs from foam. In 36 seconds a full size appliance is shredded, and foam is then cleaned and pelletized for recycling, while materials such as steel, copper, aluminum, glass and plastics are reclaimed with a +98% purity.
Each GreenSafe plant, running at capacity, will prevent about 8.8 million tons of CO2e from entering the atmosphere every year.
Mr. Swire commented that the choice of Caraquet, New Brunswick, for the first plant location was a carefully considered one. “The Province of New Brunswick has been enormously encouraging of our endeavour, and the Town of Caraquet has welcomed us with open arms. We are especially happy