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If you are a shareholder of BGMO you might want to start following this market,your stock could trade here one day.
Also watch the election this weekend, Asif Ali Zardari is realy pushing for inproved energy projects in Pakistan and maybe the next president of the country.
Daily turnover improves on foreign buying
By SALMAN ABDUHOO submitted 4 hours 23 minutes ago
LAHORE - The equity market daily turnover on Wednesday improved slightly and some foreign buying was also seen in blue chips.
The Karachi Stock Exchange benchmark 100-index initially went to 9,241.85 points high but failed to maintain that level and came down and closed at 9,239.15 levels, marginally up by 9.64 points.
Dealers said that market sentiments were improving and analysts hoped that election of Asif Ali Zardari would have positive impact on market outlook.
They observed that investors would soon realize that market was trading on very attractive PE ratio and they would start investing.
What proof do you have that any press realases were lies,
more news comming on the size of the SOLAR project and the MAJOR partners involved.
Who cares about some audit from two years ago,I only care about SOLAR ENERGY and big news comming from a major partner very soon.
Hottest sector in the markets.
A Solar Industry Snapshot
By Nick Hodge | Friday, August 29th, 2008
Solar Stocks Trends & Outlook
Solar stocks are completely undervalued. And big money stands to be made. The following is a current profile of the industry, along with what to expect going forward.
The Solar Industry
Let's start with the basics.
The global solar industry has grown 849% over the past eight years, from an installed capacity of 877 MW in 2000 to 8,325 MW at the end of 2007.
That breaks down to a compounded annual growth rate (CAGR) of 37.9% for the same period.
Folks, not many things grow 849% in eight years. For perspective, the Dow Jones Industrial Average gained only 12% during the same time.
Broken down by country, or by region, some interesting trends also emerge, especially when it comes
You sound like a bitter loser who has lost all his money,to bad so sad,stay warm this winter under the bridge LOL
MAJOR SOLAR ENERGY PARTNER news next week onsolar energy partner
PERDICTION partner will be one of the worlds largest energy companys.
Bergamo Acquisition Corp to Engage in a Large Energy Project
Ticker Symbol: U:BGMO
HENDERSON, Nev. -- (Business Wire) --
The board of directors of Bergamo Acquisition Corp (Pink Sheets:
BGMO) is pleased to announce, in connection with the company's
previous announcement concerning having entered into agreement with
the appropriate government agencies in Pakistan to provide alternative
solar energy, your company has entered into and reached preliminary
agreements with major suppliers of solar energy to enter into a joint
venture to supply up to 200 MW of solar energy in Pakistan. In
conjunction with this and in order to reflect this major adjustment in
your company's development, your board of directors has agreed to
reflect this change by changing the name of the company to Bergamo
Holding Corporation, which will have both Energy and Apparel as its
major divisions. In connection with the name change the company,
through its transfer agent, will request a change in the company's
CUSIP number, which will require all shareholders to return their
current stock certificates to be exchanged for the new certificates at
no additional cost to the shareholders.
¶ In connection with the above announcement, the company anticipates
a release of a new announcement describing the size of the project,
the investment that will be made and the details of the joint venture.
¶ Statements included in this release related to Bergamo Acquisition
Corp may constitute forward-looking statements within the meaning of
the Private Securities Litigation Reforms Act of 1995. Such statements
involve a number of risks and uncertainties such as the ability to
locate additional debt or equity financing or reasonable terms,
competitive factors, market demand for the company's products, and the
company's ability to obtain new orders and fulfill them on profitable
terms. Further information on potential risk factors that could affect
the company's financial results can be found in the company's reports
filed with the Pink Sheets News Service.
Contacts:
Bergamo Acquisition Corp, Henderson
Hillard Herzog, President, 702-269-0820
hillardbergamo@aol.com
--------------------------------------------------------------------------------
No virus found in this incoming message.
I am in this stock for one reason SOLAR ENERGY,who cares about clothing,solar stocks are the future,and with a 200 mw project with a goverment contract and a mojor SOLAR partner about to be announced this stock is going to the moon!!!!
--------------------------------------------------------------------------------
Wednesday, August 27th, 2008
Dear Energy and Capital Reader,
Exactly 19 days from now -- on September 15, 2008 -- an extraordinary meeting will take place in Washington, D.C...
... One that finally forces the terrifying truth behind skyrocketing oil prices on the hot seat.
The outcome of which will trigger an unstoppable chain of events that could alter your life forever.
That said, you have two choices:
1. Read my urgent letter to get the full details on why this date is so important, or...
2. Ignore it. But I must warn you -- it could be the worst 15 minutes you ever saved.
Rest assured -- this report is nothing short of astonishing.
I urge you to make the right choice, before it's too late.
Regards,
Jeff Siegel,
Managing Editor, Green Chip Stocks
Dear reader,
This is going to be huge.
In just a matter of days - on September 15, to be exact - the U.S. Government will ignite one of the strongest bull markets the world has ever seen.
I'm talking about a market poised to rise from $33 billion back in 2004 to an estimated $450 billion per year by 2012... and $600 billion per year by 2020. And those are conservative estimates.
So what's going
Zardari takes strict notice of unannounced power outage
ISLAMABAD: Co-Chairman PPPP, Asif Ali Zardari has taken strict notice of the unannounced power outage followed by the protest demonstration by masses and directed the government to find solution of the problem within 48 hours.
According to details, co-chairman PPPP, Asif Ali Zardari has taken severe notice of the unannounced load shedding in Karachi, Peshawar, Sailkot, Okara and other parts of the Pakistan.
He directed his party to find any suitable solution of the issue and provide relief to the masses, while directing Prime Minister Syed Yousaf Raza Gillani and Minister for Water and Power, Raja Pervez Ashraf to ensure smooth supply of electricity amid the Holy Month of Ramadan.
Asif Ali Zardari has said that PPPP represented the mandate of the masses, hence it was the right of the PPPP to respect the aspiration of masses and to provide them basic facilities and amenities of life at their door step.
It is pertinent to note that last day some miscreants had blown up main gas supply line, causing suspension of gas supply to Muzaffargarh Power House, Kot Addu Power Company, Faisalabad Gas Turbine Station.
The suspension of gas supplies also caused damages worth 1000 MW electricity daily. Consequently, Pakistan Electric Company have also to shut down the power supply
I hope your short moron.LOL
your company has entered into and reached preliminary
agreements with major suppliers of solar energy to enter into a joint
venture to supply up to 200 MW of solar energy in Pakistan
200 MW is a huge project,get your calculator out to figure out the size, funded by a major supplier of solar energy.
prediction of $20 a share.
More great news
Bergamo Acquisition Corp to Engage in a Large Energy Project
Ticker Symbol: U:BGMO
HENDERSON, Nev. -- (Business Wire) --
The board of directors of Bergamo Acquisition Corp (Pink Sheets:
BGMO) is pleased to announce, in connection with the company's
previous announcement concerning having entered into agreement with
the appropriate government agencies in Pakistan to provide alternative
solar energy, your company has entered into and reached preliminary
agreements with major suppliers of solar energy to enter into a joint
venture to supply up to 200 MW of solar energy in Pakistan. In
conjunction with this and in order to reflect this major adjustment in
your company's development, your board of directors has agreed to
reflect this change by changing the name of the company to Bergamo
Holding Corporation, which will have both Energy and Apparel as its
major divisions. In connection with the name change the company,
through its transfer agent, will request a change in the company's
CUSIP number, which will require all shareholders to return their
current stock certificates to be exchanged for the new certificates at
no additional cost to the shareholders.
¶ In connection with the above announcement, the company anticipates
a release of a new announcement describing the size of the project,
the investment that will be made and the details of the joint venture.
¶ Statements included in this release related to Bergamo Acquisition
Corp may constitute forward-looking statements within the meaning of
the Private Securities Litigation Reforms Act of 1995. Such statements
involve a number of risks and uncertainties such as the ability to
locate additional debt or equity financing or reasonable terms,
competitive factors, market demand for the company's products, and the
company's ability to obtain new orders and fulfill them on profitable
terms. Further information on potential risk factors that could affect
the company's financial results can be found in the company's reports
filed with the Pink Sheets News Service.
Contacts:
Bergamo Acquisition Corp, Henderson
Hillard Herzog, President, 702-269-0820
Bergamo Acquisition Corp Designated by Government of Pakistan to Build and Maintain Energy Facility
HENDERSON, Nev., Jul 21, 2008 (BUSINESS WIRE) -- Bergamo Acquisition Corp (Pink Sheets:BGMO), incorporated in 1997, is a diversified company located in the United States. Its primary business has been a wholesale and retail clothing company.
Bergamo Acquisition Corp having had long association with the Political and Economic structure of Pakistan for many years has been contacted through Pakistan Government Offices to investigate the positioning of a Solar Energy Facility in Pakistan.
Accelerating overseas demand for energy is driving a new wave of growth and profitability for American alternative energy companies. Bergamo has analyzed and responded to this growing market with the creation of Bergamo Energy Inc., a wholly owned subsidiary of Bergamo Acquisition Corp.
Bergamo Energy was established to capitalize on the growing demand for alternative green energy both domestically and internationally. The vision of the company is to explore and find any and all opportunities associated with all energy sources that no longer include fossil fuels. But specifically, at the present time, to seize the opportunity offered to Bergamo by the Government of Pakistan. In 2008.
BGMO has recently secured a proposal from a first tier manufacturer and installer of solar electric facilities. It is the company's intention to secure funding, manage contractors, vendors, and maintain the facilities in the power-sharing agreement.
BGMO has been designated by the government of Pakistan to build and maintain a 500 Megawatt solar facility. This is the first of a potentially expandable order up to 4000 Megawatts. The power sharing arrangement is a 20-year agreement between the government of Pakistan and Bergamo Energy Inc.
The Company's investment and growth will occur on a strict "as-needed" basis, with projects initiated only when their commercial prospects are reasonably assured and the investment risk is minimized
GOVERNMENT OF PAKISTAN
Alternative Energy Development Board (AEDB) has been established to promote all environmental friendly alternative / renewable energy resources that have not been developed in Pakistan mainly due to the absence of a high level national body. Since its inception the most important accomplishment of AEDB has been the creation of realization amongst decision makers regarding importance of utilization of these resources in the country.
This accomplishment has been equally rigorously pursued with private investors who have already committed to develop projects based on these technologies with potential investment of US $5 Billion.
Pakistan’s economy is growing, and with this growth comes higher energy consumption and stronger pressures on the country’s energy resources. At present, natural gas and oil supply the bulk (80 percent) of Pakistan’s energy needs. However, the consumption of those energy sources vastly exceeds the supply. For instance, Pakistan currently produces only 18.3 percent of the oil it consumes, fostering a dependency on imports that places considerable strain on the country’s financial position. On the other hand, hydropower and coal are perhaps underutilized today, as Pakistan has ample potential supplies of both.
The need to address Pakistan’s present and prospective energy requirements was a topic of discussion during President Bush’s visit to Pakistan earlier this year. The joint statement issued by the U.S. and Pakistani presidents at the conclusion of the Bush trip committed the two countries to working together “to develop public and private collaboration on a broad range of energy sources
Bhutto widower to run for Pakistan president
The Associated PressPublished: August 23, 2008
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ISLAMABAD, Pakistan: The husband of assassinated leader Benazir Bhutto has agreed to run for the Pakistani presidency.
The announcement was made Saturday at Asif Ali Zardari's home.
An election by lawmakers to replace Pervez Musharraf will be held on Sept. 6. The former strongman resigned less than a week ago rather than face the humiliation of impeachment.
Mian Raza Rabbani of the Pakistan People's Party said he was "happy to announce that Zardari had accepted his party's nomination" to run for president.
Sindh Assembly unanimously proposes Asif Ali Zardari as President
KARACHI, Aug 22 (APP)- Sindh Assembly, which met here under the chairmanship of Speaker Nisar Khuhro, unanimously passed a resolution proposing PPP Co-Chairman Asif Ali Zardari as President of Pakistan. The resolution was tabled by Law Minister Mohammed Ayaz Soomro and supported by all the parties including MQM, PML(F), ANP, NPP and members of PML(Q) in the Assembly.
Joint Statement on United States-Pakistan Strategic Partnership
A Joint Statement was released on July 28, 2008 during Pakistan Prime Minister Syed Yousaf Raza Gilani’s visit to the United States. Presented below is the full text of the statement:
Joint Statement on United States-Pakistan Strategic Partnership
White House News
President George W. Bush welcomed Prime Minister Syed Yousaf Raza Gillani to Washington today for his first visit to the United States as the leader of Pakistan's democratically-elected civilian government. The President and Prime Minister reaffirmed their commitment to the long-term Strategic Partnership between the United States and Pakistan, which is based on shared values and holds immense potential for the enduring peace, security, stability, freedom, and prosperity of Pakistan and of the region. The President affirmed his support for Pakistan's sovereignty, independence, unity, and territorial integrity. The two leaders agreed that the focus of the broad-based Pakistan-U.S. relationship should remain on ensuring the well being of the people by assisting Pakistan to implement its national development agenda in a comprehensive manner. Pakistan and the United States. will work together to eliminate the threat of extremism, build strong democratic institutions, modernize education, and increase economic growth and opportunity.
President Bush and Prime Minister Gillani reaffirmed their condemnation of terrorism in all its forms and manifestations. They acknowledged that terrorism and violent extremism pose a common threat to Pakistan, the United States, and the international community. The two leaders pledged to work together to address this threat and to deny any space to militants or terrorists through increased cooperation. The President recognized the sacrifices the people of Pakistan and the Pakistani security forces have made in the ongoing fight. The President and Prime Minister reiterated that success in countering terrorism will require a comprehensive strategy, including increased security, improved governance, and opportunity for socio-economic development for the people especially in the less-developed regions of Pakistan. The President and the Prime Minister expressed deep sympathy for the families of those who have fallen victim to suicide and other terrorist attacks in Pakistan. The Prime Minister expressed appreciation for U.S. efforts to promote peace and stability in the region. The United States is dedicated to providing Pakistan with the support and tools it needs to lead the fight against terrorism.
The two leaders also committed to increased bilateral economic cooperation to include expanded trade, an improved investment climate, promoting cooperation in the public and private sectors, and agreed to work together to ensure food and energy security as well as facilitate investment in infrastructure and social sectors in Pakistan.
In reaffirming the Strategic Partnership, President Bush and Prime Minister Gillani attached importance to the next round of the Strategic Dialogue, which will be co-chaired by the U.S. Deputy Secretary of State and Pakistan's Foreign Minister, in September 2008 and regularly thereafter to review issues of mutual interest. In addition, the two leaders committed both countries to undertake the following steps in development, counterterrorism, economic, and regional cooperation:
Focus on the needs of the Pakistani people: Food, Health, Education, Energy, and Democratic Governance
* The two leaders welcomed recent efforts in the U.S. Congress to extend the United States' assistance commitment to Pakistan to help address Pakistan's most urgent needs, including education, agriculture, and energy. The President will continue to work with Congress to ensure the continued support of the United States to Pakistan over the long term.
* The two leaders agreed to institute a separate track for agricultural cooperation under the Strategic Dialogue.
* The United States will provide $115.5 million in food security assistance to Pakistan, including $42.5 million over the next nine months.
* The United States will assist with disease control activities in Pakistan to augment the Prime Minister's initiative to combat the spread of hepatitis and other infectious diseases.
* The United States highlighted its $30 million Pakistan Energy Development program focused on improving power availability, affordability, and efficiency.
* The United States and Pakistan will hold the next round of the U.S.-Pakistan Energy Dialogue this fall to help Pakistan meet its vast and growing energy needs.
* The two leaders agreed to hold the next round of the U.S.-Pakistan Education Dialogue later this year.
* The two leaders agreed to continue and enhance robust collaboration in science and technology under the successful bilateral Science and Technology Framework Agreement.
* The United States highlighted its support for democracy-building and improved governance through project funding.
Expand Bilateral Trade and Improve the Business Climate
* The two leaders renewed a joint commitment to pursue steps to establish Reconstruction Opportunity Zones that will expand trade opportunities in parts of Pakistan and Afghanistan.
* The United States and Pakistan will work together toward a goal of establishing direct non-stop flights between the two countries before the end of 2008, expanding people-to-people ties and improving the investment climate to the benefit of the people of both countries.
* The United States and Pakistan agree to convene officials promptly to review the status of bilateral investment treaty negotiations.
* The two countries will reconvene the Joint Council under the Trade and Investment Framework Agreement in September 2008.
* The U.S.-Pakistan Economic Dialogue will be held on August 11 in Islamabad.
Expand Security and Counterterrorism Cooperation
* The two leaders agreed to strengthen the long-term security relationship with a view to enhancing Pakistan's defense capabilities, especially in the field of counterterrorism, through training and equipment.
* Reconvene the bilateral Defense Consultative Group this fall with a renewed focus on counterinsurgency and counterterrorism.
* Renew cooperative efforts to root out extremism along the Pakistan-Afghanistan border, including the Northwest Frontier Province, the Federally Administered Tribal Areas, and Balochistan.
* Expand cooperation between the United States. and the Pakistani Frontier Corps and other Pakistani security forces on the front lines in the fight against violent extremism.
* Focus U.S. security assistance on efforts to enhance the counterterrorism capability of Pakistan's military forces.
Work Together to Enhance Regional Peace, Security, and Stability
* Strengthen the Tripartite Commission between the International Security Assistance Force, Pakistan, and Afghanistan.
* Support the efforts of Pakistan and Afghanistan to hold the next joint jirga this fall.
* Hold the next Regional Economic Cooperation Conference in Islamabad this fall.
* Encourage the Pakistan-India Composite Dialogue process to reduce tensions, build trust, and resolve all outstanding issues.
Prime Minister Gillani thanked President Bush and the people of the United States for the hospitality accorded to him, Mrs. Gillani, and the members of the Prime Ministerial delegation during their stay in the United States.
Source: The White House
Copyright © 2001 SATP. All rights reserved.
SAIRMapsMapsDownLoading Is In Progress
GOVERNMENT OF PAKISTAN
Alternative Energy Development Board (AEDB) has been established to promote all environmental friendly alternative / renewable energy resources that have not been developed in Pakistan mainly due to the absence of a high level national body. Since its inception the most important accomplishment of AEDB has been the creation of realization amongst decision makers regarding importance of utilization of these resources in the country.
This accomplishment has been equally rigorously pursued with private investors who have already committed to develop projects based on these technologies with potential investment of US $5 Billion.
Staff Report
ISLAMABAD: Infrastructure Project Development Facility (IPDF) has approached co-chairman Pakistan Peoples Party Asif Ali Zardari, requesting him to take stern action against top officials of Planning Commission and Ministry of Finance who are creating hurdles in transfer of development projects to the institution, official sources told Daily Times on Friday.
Ghulam Murtaza Satti, head of Infrastructure Project Development Facility, told an internal meeting held on Friday that some corrupt elements in the relevant government departments are making efforts to “avoid IPDF because on this platform corruption becomes impossible for them”.
“However,” he told the meeting, “in this regard Asif Ali Zardari has been briefed, who will certainly take notice of these affairs.”
IPDF has proposed to the government to transfer 20 projects worth Rs 165 billion to it for completion under Public Private Partnership (PPP) arrangement.
An official at IPDF informed Daily Times that Planning Commission and Ministry of Finance were not facilitating the process of transfer of identified projects to IPDF.
The aim of the government is to complete important development projects with private sector participation and their investment and to reduce the load on government so that finances available with the government could be used for other important tasks, he added.
The government intends to promote public private partnership for infrastructure projects and $1 billion per annum private investment is likely in such projects.
Sources said that IPDF chief executive Ijaz Ahmed has resigned from his post and has already left for the United States. He was appointed by the Shaukat Aziz’s government.
Because of the widening fiscal deficit, the present government is facing mounting pressure to reduce the volume of PSDP by shelving a number of development projects, Satti told the meeting.
“According to the international financial institutions, about 7-8 per cent of GDP is required to be spent on infrastructure annually in developing states while in Pakistan this percentage is only 3-4,” said Satti, head of Infrastructure Project Development Facility (IPDF), in a statement issued here after the meeting.
He said PPP co-chairman is fully cognizant of the situation and wants pace of development of infrastructure projects in the country accelerated. He has strictly instructed IPDF, Planning Commission and line ministries to strengthen their coordination and adopt a uniform strategy, he added.
He said that Mr Zardari had directed all departments concerned to involve private sector in more and more development projects as was being successfully done by IPDF.
He said that Mr Zardari had also instructed him to ensure speedy completion of the infrastructure projects being executed under PPP modality so that further projects could be initiated.
Satti said that the PPP framework was a pre-requisite for rapid economic growth. He also said that India has planned $391 billion investment in infrastructure in the next five years out of which $209 billion is expected to be invested by the private sector.
Home | Business
Dear reader,
The world's most elite investors - we're talking about the richest 1% - are going green.
In fact, according to the United Nation’s Environment Program, these folks actually plowed $148 billion into the renewable energy sector last year.
But there's one catch...
Nearly none of those investment dollars are staying in the U.S.
You see, the most profitable renewable energy markets aren't anywhere near the U.S.
Truth is, despite all the "green" hype here at home, both Germany and China beat out total domestic green investment last year by more than $6 billion.
And countries like Spain, Norway, and even Tunisia have government-backed renewable energy initiatives that dwarf anything happening stateside.
Heck, even Latvia will be getting 42% of its electricity from renewables in less than 3 years.
Even in uncertain economic times, worldwide green investing marked significant growth in 2007
So it should
The Pakistani government is anticipating the energy crisis to worsen in the coming two years due to a 50% increase in the demand and a rather slow improvement in the supply, the leading Pakistani newspaper DAWN reported Monday.
The power shortage, estimated to be 1000 to 2000 MW during the current year, is likely to hit 3000 MW next year and to increase to about 5300 MW by 2010, said the report.
The overall energy requirement of Pakistan is expected to be about 80 million tons of oil equivalents (MTOE) in 2010, up by about 50% from the 54 MTOE of the current year, it said.
“There is substantial public and political support to keep government incentives for solar strong for five to six years until it is cost competitive,” said Stuart Bush, lead alternative-energy equity analyst for RBC Capital Markets, the investment banking arm of Toronto-based Royal Bank of Canada.
When you judge somebody you need to look at the big picture,not just the past 18 month,Hillard has made alot of shareholders millionares over the past 30 years,now he is into one of the hottest sectors in the market,with a partner from Pakistan with the goverment conections to get it done,this stock has a chance to be in the dollars not the pennies.
HILLARD HERZOG is President and CEO:
He has a broad depth of over 30 years experience, including the leadership of
several New York Stock Exchange clothing firms serving the needs of top-level
retailers throughout the industry. In addition, he has acted to build from
inception several major vertically integrated firms similar to the proposed
expansion of this Company, utilizing the Jayre of California brand
SOHAIL PAREKH is Vice President, Secretary, Treasurer:
He is a third generation clothing executive from Pakistan with over 15 years
experience. He worked in all aspects of Corona International in Pakistan which
manufactured high quality fabrics sold to international and domestic clientele.
He has worked with Hillard Herzog since 1996 helping him to expand and has been
responsible for planning, implementing and supervising the overall activities of
the Company and re-establishing the Jayre of California brand.
Looks like the morons are back.
More News
The Pakistan Government Invites Bergamo's Management for Final Approval Meetings
Ticker Symbol: U:BGMO
HENDERSON, Nev. -- (Business Wire) --
Bergamo Acquisition Corp (Pink Sheets: BGMO): In connection with
its previous disclosures the company has made contact with the
Investment Banking community in New York and has made available to
these institutions the several communications it has received from the
top Government departments of the Government of Pakistan which
outlines the specifics of the Government's commitment to Bergamo along
with technical proposals. The company has received a formal invitation
from the Government to travel to Pakistan with its management,
Investment & technical team to conclude contracts proposed through
previous communications. The Company is planning to proceed to
Pakistan in August 2008.
¶ Statements included in this release related to Bergamo Acquisition
Corp., Inc., may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as the
ability to locate additional debt or equity financing on reasonable
terms, competitive factors, market demand for the Company's products,
and the Company's ability to obtain new orders and fulfill them on
profitable terms. Further information on potential risk factors that
could affect the Company's financial results can be found in the
Company's reports filed with the Pink Sheets News Service.
¶ For more information please contact hillardbergamo@aol.com.
Contacts:
Bergamo Acquisition Corp
Hillard Herzog, 702-269-0820
hillardbergamo@aol.com
www.bergamocorp.com
--------------------------------------------------------------------------------
Internal Virus Database is out-of-date.
Power Shortage Leads to New Businesses
It is reporting that Pakistani people are heavily investing in this new lucrative business to secure their future.
Solar Power Stocks
Seven Reasons You Should Be Playing Solar
By Jeff Siegel
Friday, March 28th, 2008
I'm not much of a gambler, but I have to say--there's nothing like taking a risk and coming out on top.
Especially when coming out on top means banking fat profits.
A couple of weeks ago, while the Dow was struggling and many stocks were trading at near record lows, the doom-and-gloomers were quick with their "I told you so" arguments regarding solar power stocks.
As if solar was the only sector hit by the market meltdown.
You know the whole song and dance:
· Solar's too expensive!
· Solar's nothing more than a bubble about to burst!
· Solar's a pipe dream!
Blah, blah, blah.
The only good thing about all this nonsense is that when the overall market is down, this kind of refrain has a tendency to support panic selling--thereby leaving exceptional entry points for those with the cojones to go for it.
Here's what I'm talking about.
What's Really Going On With Solar Power Stocks
On March 17, solar stocks got hammered along with the rest of the market.
But while some chose to use this as an excuse to bash one of the most lucrative market sectors most of us will ever see, others were loading up in anticipation of the next big move.
Because, bottom line: solar stocks were trading at unreasonably low levels.
So the smart traders piled in.
In fact, here's an email I sent to our Alternative Energy Trader members the very next day:
Now take a look at the charts for these three solar power stocks since that email was sent:
In just one week...
Sunpower (SPWR:NASDAQ) has delivered gains in excess of 36%
Suntech (NYSE:STP) has delivered gains in excess of 32%
Trina Solar (NYSE:TSL) has delivered gains in excess of 13%
Of course, not everyone has the time to trade stocks like these.
But even those investors that are long on solar have come out way ahead over the past week.
Here are the charts for two solar stocks (still open positions) in the Green Chip Stocks portfolio that also blasted off after hitting unsustainably low levels:
In just one week...
GCS Solar Stock #1 has delivered gains in excess of 23%
GCS Solar Stock #2 has delivered gains in excess of 48%
And take a look at these two solar stocks (still open positions) that are in the Alternative Energy Speculator portfolio:
In just one week...
AES solar stock #1 has delivered gains in excess of 55%
AES solar stock #2 has delivered gains in excess of 50%
Incidentally, that second stock is one that Nick Hodge recommended on March 17--the very day most were in full-blown panic mode.
Yeah, solar's such a horrible place to be.
Too bad we're making an absolute fortune from it!
Any investor not playing this sector is a fool.
To a new way of life, and a new generation of wealth . . .
Jeff
www.energyandcapital.com
"Energy stocks... The only way a human is going to make any money."
-- Matt Simmons, Peak Oil's first and most vocal proponent,
and founder of the country's
Bgmo has a 20 yesr agreement with the Pakistan goverment to buy all the power they can produce,this is a huge deal in the 100s of million dollar range.
Bergamo Acquisition Corp. (BGMO), incorporated in 1997 is a diversified company located in the United States. Its primary business has been a successful wholesale and retail clothing industry.
Bergamo Global Energy Corporation.
Bergamo Acquisition Corp having had long association with the Political and Economic structure of Pakistan for many years has been contacted thru Pakistan Government Offices to investigate the positioning of a Solar Energy Facility in Pakistan.The company has receive two letters of proposal from the Goverment Agency involved in connection with establishing this project.
Accelerating overseas demand for energy is driving a new wave of growth and profitability for American alternative energy company's. Bergamo has analyzed and responded to this growing market with the creation of Bergamo Energy Inc., a wholly owned subsidiary of Bergamo Acquisition Corp.
Bergamo Energy was established to capitalize on the growing demand for alternative green energy both domestically and internationally. The vision of the company is to explore and find any and all opportunities associated with all energy sources that no longer include fossil fuels.
But specifically, at the present time, to seize the opportunity offered to Bergamo by the Government of Pakistan. In 2008.
BGMO has recently secured a proposal from a first tier manufacturer and installer of solar electric facilities copy of which is attached. It is the companies intention to secure funding, manage, contractors, vendors, and maintain the facilities in the power-sharing agreement
BGMO has been approach by the government of Pakistan to build and maintain a 500 Megawatt solar facility. This is the first of a potentially expandable order up to 4000 Megawatts. The power sharing agreement is a 20-year agreement between the government of Pakistan and Bergamo energy Inc.
The Company's investment and growth will occur on a strict "as-needed" basis, with projects initiated only when their commercial prospects are reasonably assured and the investment risk is minimized.
Bergamo Acquisition Corp is proposing an investment strategy
1) Bergamo Global Energy Corporation a wholly owned subsidiary of Bergamo Acquisition Corp.
2) BAC has thru its positioning been in communication with President of Banks and Trading Companies in Pakistan concerning local financing and can furnish this information upon request.
3) BAC & BGEC to establishing in connection with its partners a Public Entity in Pakistan in which the Energy entity will supply, the distribution and sale of the Energy produced thru Government of Pakistan contracts for the Energy produced.
4) BAC at the appropriate time by latest August 2008 proposes to have a select group of management travel to Pakistan to further solidify the project.
5) Communications from the Government of Pakistan concerning the subject of Energy supply dated June 12th, 2008 and July 11th, 2008 are forwarded along with this communication upon request.
Copyright
prediction
$1.00 in 3 month
BIG NEWS Government of Pakistan Requesting Bergamo Acquisition Corp Assistance in Establishing a Solar Energy Project 500 MGW
Ticker Symbol: U:BGMO
HENDERSON, Nev. -- (Business Wire) --
Reissuing release to add ticker symbol for searching purposes.
¶ The corrected release reads:
¶ GOVERNMENT OF PAKISTAN REQUESTING BERGAMO ACQUISITION CORP
ASSISTANCE IN ESTABLISHING A SOLAR ENERGY PROJECT 500 MGW
¶ Information concerning a major new development will be posted
shortly and can be reviewed on the company's website
www.bergamocorp.com. The company has received two communications from
the Government of Pakistan outlining The Government's requirements and
its intent to complete this project with Bergamo Acquisition Corp
(Pink Sheets: BGMO) and further information can be obtained by
contacting the company thru e-mail address hillardbergamo@aol.com.
Letter of confirmation from Government of Pakistan can be furnished on
request.
¶ Statements included in this release related to Bergamo Acquisition
Corp., Inc., may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as the
ability to locate additional debt or equity financing on reasonable
terms, competitive factors, market demand for the Company's products,
and the Company's ability to obtain new orders and fulfill them on
profitable terms. Further information on potential risk factors that
could affect the Company's financial results can be found in the
Company's reports filed with the Pink Sheets News Service.
¶ For more information please contact hillardbergamo@aol.com.
Contacts:
Bergamo Acquisition Corp
Hillard Herzog, 702-269-0820
hillardbergamo@aol.com
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No virus found in this incoming message.
New web site up,check out the part about Bergamo energy this looks very exciting,GLTA who hung in there you are about to rewarded.
Watch for more gamblers next week,another quote from Merlin.
Looks like merlin is working today. LOL
Mr. Sohail Parekh, Executive Vice President, Sec, Treasurer, Director and majority stockholder of Bergamo Corp,
Rember this name in the comming weeks and month,this little stock is about to become very exciting.
Up 250% and it still has not started yet,big news comming.
Up 150% in one day,and has not even started yet.WOW
Aston are you really as dumb as you sound,the question has already been ansewerd,it is time to put you on ignor,while I watch the stock go to the moon.
Strong Board
Sohail Parekh serves as Executive Vice President, Secretary, and Treasurer of Bergamo Acquisition Corp. Mr. Parekh is co-founder of Clothing Source of California and served as its Vice President and Chief Financial Officer from its inception in 2002 to their acquisition in 2002 by Bergamo Acquisition Corp. He started his career at the age of 16 with his family's business, Corona International in Pakistan. Mr. Parekh's list of accomplishments includes the successful establishment ... of several manufacturing facilities for Corona International in both Pakistan and the United States. He serves as Director of Bergamo Acquisition Corp. He holds a B. Commerce degree from Karachi University in Pakistan.
Hillard Herzog serves as Chief Executive Officer and President of Bergamo Acquisition Corp. Mr. Herzog has founded and served as President several companies in the apparel manufacturing and retail industry, including Clothing Source of California, and Jayre of California, Inc., a manufacturer of clothing and accessories, which was subsequently acquired by Maidenform Inc., a nationally known brand of women's foundation garments. Mr. Herzog has further held Executive positions ... with several other publicly traded apparel and accessories manufacturers and retailers, including Van Raalte Company, Inc. (NYSE) and N.C.C. Industries (AMEX). He serves as a Director of Bergamo Acquisition Corp. Mr. Herzog holds a B.A. from Long Island University and a Juris Doctorate from Brooklyn Law School.