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Thanks TRI.. can you please do a little simple math for some folks in here. This might prove helpful in the debate. Thanks
so fallback what do you think about the lack of volume.. just a matter of time or do you think this is just headed south? HH has sometime faltered a few days in his PR but has always delivered.. which as I stated Id rather have a solid PR rather than a recycled one.
Not bashing man... and you've done a great job keeping us updated.. thank you... BUT I will have to say that all the hyped news that you listed about his credentials are just a personal bio that his PR wrote. It would be like you or are glorifying what we have done. Bios are naturally more inflated if the source comes directly from the person rather than an outside news agent.. just a though. have a good day.
RTTNEWS -http://www.rttnews.com/ViewPR.aspx?Id=VendorFeed/10212009/200910211626BIZWIRE_USPR_____BW6396.XML&PrID=478222
So according to the PR we "could" hear something by tomorrow. However, note that is says anticipate "updating investors within two weeks" Id figure with the biggest news so far on the way there would be much much heavier volume. Ill just keep buying till it hits.. and then sit back and hope for green.
Aston, Dont be silent.. I like your posts :)
This is just like Halloween night.. I felt greedy.. just couldn't get enough of the "good candy"... Buying buying buying as much as I can.
True Sky... I see it time and time again.. often the expected PR will already be baked into the PPS.. Lets say for example last weeks quick spike. I think the next upward turn will be when an Acq. actually closes. I get what he is doing. Sucks for flippers.. but as a long term fella. It makes me more confident in the long term. Im assuming he will have gobbled what he needs by today or tomorrow. I don't see this thing going very much lower. I knew at 16 it could still go.. but I was afraid of not getting in. I followed it a little bit up.. But still very happy where I am.
A suppose for flippers this is a big disappointment. Im in it for the long haul and things look promising. The day to day worry of PPS is not worth the headache to me anymore. I feel event at my avg .195 Im sitting pretty low compared to where this will go a few months down the road. I like to do DD and when a CEO starts to buy personal stock...I know its time to get in... Why would anyone thing that PR was a waste? I don't care for PRs every week. Id rather be given info that is important and to the point on a need to know bases. I appreciated Dean letting the investors know he was purchasing stock. Shows to me that he truly is invested and that the near future is looking good. LONG investors.. Turn off the computer and go play outside..no need to endure the stress.
I agree. I want to thank you for your perspective. Its easy for one to get caught up in the "slot machine" pull. Ive given up on short flips as it seems to be more of a headache then the payouts. I'm shocked that people feel this could be a scam. Are their things HH should be more transparent about.. YES. Is it important to ask questions..YES. Legit businesses do shady things all the time. I think your questioning is important and signs of a wise individual. Id rather not have PRs every week as that is a HUGE flag for penny scams. As a long term fella, I like HH approach. Do not give me anything until you know for sure what the info is.
ITS GO TIME! I think the leveling of the PPS shows there are some strong investors just waiting for HH to get the projects rolling. Im not looking to flip as with PR this is easily going back above $1. We saw it go from the .4s to 1.19 in just two days. Once the projects actually generate $$ we will see the bigger investors come in. Until then Ive been adding as much as I can each week. Shocked volume has been so low.
I agree SSE. Sorry wasn't directing that at you. DD is important. Many had it. Some dont. I still think even at where we are today its a great entry point. a few /10ths of a penny movement is going to happen. I guess for DT thats play. But for those looking long term this is going to be huge. In the meantime I just set my alerts, turn of the comp, and not go nuts watching the ticker every minute.... as that is like watching a UT / OU football game.
Correction. He has only about $9,000 to go. It is UP to 50,000. Which IMO tells me this should be completed today or tomorrow as its only about 500,000 shares left to buy up. Im not sure why everyone is freaking out.
HAd to drop down to get in.. but locked in 200K... ready to ride!!!
Loading up!!! I cant believe volume has dropped. I guess were all just waiting for the PR. I totally agree that He is waiting until every thing is a go until making the next PR. Im glad he changed his position of sending out Small PR every week and now that he has had final meetings.. its time to go north. IMO
NO POP till my order filled (crossing fingers)
Had a bid in at .20 before bell and didnt get filled. Must be tight.. ggrrrr
WOW! I could kick myself for not buying up on Thursday... There it goes! Time to get in as much as I can before it goes over $1 which may happen by days in imho
THATS IT! THAT WHAT WE HAVE BEEN WAITING FOR! I almost picked up more shares Friday. Do you think this will have any pull back or do you think it will just start to steadily climb. Im assuming enough has passed that the new PR will reflect in an increase in PPR. Any thoughts on how high this will bring it... Keeping in mind it will go up and then pull back (as it always does based on news till $$$ is generated) IMHO
I think the interview today might lead to a few more answers. However, Im astonished at the demand for quick responses on some of the promises. I mean seriously it took me months to close a deal on a freaking house... loans, paper work, negotiations. 100m and 1 bil are slightly more difficult. Curious if the show will take calls. If would be great if a few of you with more knowledge on what to ask could call in. Just a thought.
I accidentally deleted this.. Can you post a summery on what it said. Thanks so much.
Thanks Dan... Can you share your conversation with him. Im sure everyone is in need of a little comforting advice.
Side note.. It seems like IHUB has the majority of knowledgeable investors.. Its like a bunch of teenagers on the yahoo and google boards. IS anyone apart of those boards. Someone needs to share with those individual more legit DD. just a thought
READ IT CAREFULLY
"The funding is a loan and is secured by Bergamo's common stock at a price of $1.00 per share." Does not say that BGMO has to maintain that PPS. Loans do not work that way. Besides those terms were discussed in July when PPS was only .20 per share. T
Also, The boards have flipped about the Bank of India "helping restructure Pakistan" Well again read.. "This funding is separate and apart from the Pakistani Energy projects which were announced last week with the $1 billion USD equity" Its a completely different project.
Again, People must realize that a bank and investors did not wake up last Thursday and say OH WOW the PPS went up lets sign off on these deals. These were contracts made Months ago when PPS was SOOOOO much lower. REMEMBER the increase you saw was based on News.. that's it. nothing more. Until these projects are set up and generate $$ then nothing consistent in PPS will be seen. Good time to buy... HELL YA!! Id gobble up another 10k if I hadn't already. IMHO
Remember this is still a Pink Sheet... WHICH is driven on news. I bought in much higher and have lost half... BUT I'm ok with it as this is a long term hold for me. I wasn't expecting this much fall back but hell it is a Pinky. Thats the risk you take and gamblers are bailing right and left. Expect a quick turn over...esp with attitudes of the boards being flipped (These are the true drivers of the PPS at this time) The boards are reporting this is a scam which those who have done their DD and have read carefully know otherwise. No real money has been generated yet.. That will take months. AND once that does happen then you will see sustainable investors and increase in PPS.. IMHO.
Remember this is still a Pink Sheet... WHICH is driven on news. I bought in much higher and have lost half... BUT I'm ok with it as this is a long term hold for me. I wasn't expecting this much fall back but hell it is a Pinky. Thats the risk you take and gamblers are bailing right and left. Expect a quick turn over...esp with attitudes of the boards being flipped (These are the true drivers of the PPS at this time) The boards are reporting this is a scam which those who have done their DD and have read carefully know otherwise. No real money has been generated yet.. That will take months. AND once that does happen then you will see sustainable investors and increase in PPS.. IMHO.
Thats what I was banking on.. Although small.. but as you see a more stable stock (which is hard with pink) you will have more larger buys. Think about 100k and it drops 10 cents thats a huge drop. No Big investing will happen without the current stability that we are hopefully starting to see.. imho
Rebound soon... My thoughts would be that Hillard has Big investors about to get in. What we see is natural and almost expected. Ashton is wise with his words. What goes up quickly will also fall. NO BIG INVESTOR is going to jump in until a bottom looks more clear. Look at yesterday.. we were all over the place(.56-1.00) That's huge. Today things have calmed down. If anything Im glad the craziness has dwindled (no happy about my losses but non the less.) I feel this is the calm before the Storm IMHO.
Look at some of the major corps. Many were once here in our same shoes..Be patient good things are coming.
So in your HO Aston... Would you say that this is to be expected before another spike? Im still learning the ropes and trying to keep my cool. I know it can be a coin toss but with everything so legit.. Im just curious why the increase in volume has not occurred this morning. Does it normally take a day to launch? Or what could be outside factors. Explanation in simple terms would be so helpful. And thanks for all your posts.
I agree with EUR06. The day is young and this is about to take off. A few have posted that Yesterdays PR was the same as the 7/27 post but it was much different. Hillard has done a great job of being transparent. 7/27 discussed that the transaction was coming.. Yesterday confirmed it! He spoke in the interview about he was confident that the deal was done and basically he came through and confirmed everything he said he would tell us back in July..
Keep in mind on the first run it was a few hours in before the PR reached all the mainstream media.. Its still on its way. I see this taking off to where we expected in the next few hours..IMHO.
GOOOOOO BGMO!!!
THE ULTIMATE DD - OMG!!!
Ok after literally 3 days of researching and trying to find something that was an outside source from all the PR that was generated directly from BGMO, I finally stumbled across sources that are directly in line with what BGMO has been talking about. Im a new investor so I was told to research the hell out of Pink sheets before I moved forward. After you read what I found I think you will be smiling as much as I am or at least fill that the possibility that this deal is real...is WAY more legit than many have thought. Its a real situation in Pakistan and their publications (which you will see below) are also very hush hush about who they are doing biz with but always refer to the private sector in the US.
So let me piece this together:
Below is the link to PEPCO (the original LOI for coal in the Thar desert) I found a publication from Pakistan and it backs up everything Hillard spoke of. Makes perfect since as the articles reference "Sindh Ali Shah has turned to the private sector for deals". The pic on BGMO Web site shows Hillard meeting him in July. This was released in August.
Check this out first to get a review on what BGMO is doing as this was an interview conducted by a Pakistan publication (Confirms to me that this is being covered there in Pakistan)
http://www.aaj.tv/news/Business/143646_8detail.html
Then check out PEPCO's media releases
http://www.pepco.gov.pk/media_engl.php
Specifically read Aug 25th - "Thar Coal...." And Aug 12 "Thar Coal project generates..."
Im sure there were so many more articles in the bunch that linked to what Hillard mentioned.
This just made me feel even more confident about my investment. Feel free to spread this on as I encourage letting everyone know..but do your own DD this is just my opinion :)
Cheers!
YES that is the info I plugged in... Type it in to Google Earth. I know that program might be a little old but it was in a neighborhood... Just curious if I should be concerned.
Everything looks to fit well. But that seems like an obvious flaw that only a few have questioned.
Concerned about Londonwall Investments...So I did my on DD, called both PR firms listed on Begarmo sight. Still waiting to here back. Anyhow, I found an address to Londonwall however it showed it was a private residence in London (and not a big one at that). Is this something to be concerned about. Lots of PR lately but all coming through same sources. If this is a sham then they did a hella job at putting it out there. I invested a ton some Im sticking with. My only flag was the Address. can someone give me piece of mind.
Cheers