Highly Speculative Stock, At Best

One has to be very wary of VSTA - this, as some point out, is not a vendetta.

These are irrefutable facts, based on PRs and SEC filings.
- This company is almost certainly insolvent, i.e., financial broke, and has been for some time. VSTA is desperate for cash
- VSTA is meant to be a commercial enterprise. It is not an academic or charity organization. Not a single PR talks to business prospects including the one today
- VSTA suffers from an excess of jargon - this raises questions of obfuscation
- The market has a very clear opinion of this stock which is basically to ignore it. The BGMO announcement did nothing, today's announcement did nothing. This stock maybe trades by appointment and goes days on end with zero volume. This should be of great concern.
- If the BGMO announcement happens it is massively dilutive. Why hasn't the stock traded down to the new sales price - it should? Also, BGMO becomes the over riding controlling SH, so if I am a current VSTA SH I should want to know as much as I can about who might be calling the shots and what one will find is not pretty.
- Why has management been silent for the last month? Why doesn't an announcement of a strategic financing merit a call with SH?
- Why hasn't the company held a SH meeting for several years?
- Why aren't other SH active here? Seems awful quiet.
- Why is the only communication from a paid IR firm that has announced it intends to sell stock in VSTA? This is of course a conflict of interest as they need liquidity, which they aren't getting. Also, they have in the past served the same function for BGMO. Mission IR owes everyone an explanation of what role if any they played in "introducing" these two companies.

There are many more questions, but there are no answers.

FACT: VSTA is insolvent

What expertise does BGMO have to invest in a highly financially distressed, most likely bankrupt, highly speculative biotech? There is no prior history.

In reality, based on VSTA's most recent 10-Q, they are an insolvent company that is desperate for cash.

At the last published 10-Q they had $107,000 in current assets (of which $24,200 was cash) and $2.5 million in current liabilities. They look to be burning close to $1 mn per quarter in pure operational cash losses. Remember this is as of 12/31/12.

They haven't been able to pay the rent for months, much less employees, insurance, electricity, etc. How can they still be in business?

So even if they are close to breaking through with a commercializable technology they have massive financial woes. Wasting time with BGMO won't help one bit. Their only hope is a true angel investor which one would have to suspect is unlikely as they should have been looking for at least a year a none has materialized.

Given VSTA's financial distress, why would Platinum ever agree to a restructuring of the deal as stated in the original 8-K?

What is in common is they share the same IR firm who wants to sell VSTA stock and needs liquidity to do so. This is also an announced fact.

Sorry to the public investors but these are the sad realities. And, the failure of either stock to trade or react proves the market is ignoring this and doesn't believe it is real.

VSTA is insolvent

The reality is based on VSTA's most recent 10-Q that they are an insolvent company that is desperate for cash.

At the last published date they had $107,000 in current assets (of which $24,200 is cash) and $2.5 million in current liabilities. They look to be burning close to $1 mn per quarter in pure operational cash losses.

They haven't been able to pay the rent for months, much less employees, insurance, electricity, etc.

So even if they are close to breaking through with a commercial technology they have massive financial woes. Wasting time with BGMO won't help one bit. Their only hope is a true angel investor which one would have to suspect is unlikely as they should have been looking for at least a year a none has materialized.

Sorry to the public investors but these are the sad realities.

The Con is Simple and Straightforward

In response to your question as to why HH-BGMO would do what they are doing the answer is quite simple. Create the illusions of real business so that they and their cronies can sell stock. If you look at his history they give out stock virtually for free, without disclosing who owns it. Then they create fictitious news and have paid promoters and posters try and drum up interest and liquidity.

One also needs to point out that both BGMO and VSTA have the same paid IR promotional firm. My guess is they helped put this "deal" together as they are sitting on a lot of VSTA stock that they want to sell.

No CEO/CFO or lawyer who ever looked at BGMO would touch them with a ten foot pole. The fact that VSTA did and filed publicly with the SEC should raise questions about the viability of their current business model. Their financials look like they are insolvnt and desperate for cash. They will never get a penny from BGMO as BGMO has none.

Kick the Can DOwn the Road

Anyone surprised that VSTA just filed an 8-K that kicks the can down the road. BGMO now has 15 days to come up with the money. Anyone think they close on the first million on May 15?

Straight face, nah.

One has to admit it is entertaining though.

The Power of BGMO

Well, well. So the witching hour is past and all we have from both BGMO and VSTA is dead silence. No PR or SEC filing that the deal has either closed or is delayed.

IMO the only winner is Mission IR which is announced that they have stock to sell and has, or does, support both companies. In some ways this looks like a cooked up IR scheme to create liquidity that doesn't seem to have worked.

But the real power of BGMO is its ability to concoct these stories of vast fortunes and skills yet nothing real ever happens and to live to do it again.

This story has many, many entertaining chapters that are yet to be written. And every time the secretive investors who are given free stock can sell they will.

Bottom line the day a $36 million strategic investment was scheduled to close and 100 shares of BGMO trade and zero VSTA shares trade (despite the massive dilution the deal implies). Mr. Market isn't fooled.

I genuinely look forward to the next scheme. They've been great over the last nine months.

Its Obvious What's Going On Here...

There is no logical reason for BGMO to "invest" in VSTA. There is no expertise, VSTA, if its real, is highly speculative and is on very shaky financial grounds.

But, what do both companies have in common the same IR firm. And this IR says it wants to sell stock. Hence, this deal.

If VSTA is so god, why doesn't BGMO outright buy it. Their supposed investment exceeds VSTA's market cap?

If its o good why does BGMO remain dark?

If VSTA is on the up and up why hasn't it held and investor meeting in almost two years?

Truth be told, it looks to me like VSTA is just another shell company. It is effectively bankrupt based on their last filed financial statements.

So tie one dark Pinkie to another, neither of which trade, and hope to get some volume to sell into.

What a pathetic fraud. At least the market doesn't believe either company as evidenced by their share prices.

Anyone Here Surprised????

The BGMO shuffle is happening again. According to SEC filings by VSTA the deal is already changing. Now its a different BGMO company that is buying the shares. It is clear that no VSTA investors think this is real based on how the PPS has performed.

Also, if this is a big, great deal for BGMO why have they been dead silent about it? Where's their PR?

Only real companies, emulating Buffet, go totally dark and tell SH's nothing. Proves their is nothing to tell and BGMO is just a Pinkie trading paper. They have no business and no money. Just lots and lots of questions.

VSTA A Scam Co.?

There seems to be a presumption that BGMO is the scam company and VSTA is real. On closer inspection there are a lot of red flags about VSTA that make me question if it is anything other than a shell.

The only constant here is that QualityStocks is incented to get VSTA's PPS up so they can sell stock.

Some points...

- The address VSTA gives doesn't seem to exist using Google Earth street view. Or at least I can't find it.
- As is so often the case with these scams when you do a Google search on them the only thing you find are self referencing links. Nothing independent. This is true for BGMO, VSTA, Platinum (VSTA's supposed funder).

VSTA filed an 8-K on this supposed financing...

- It is filled with all kinds of qualifiers
- The lawyers letter in it is untraceable and has blanks in important places
- The current key investor in VSTA, Platiunum, doesn't seem to exist either
- The buyer of the 72 million VSTA shares is Autilion AG a Swiss company. Autilion, according to their website does automotive solutions and is a very small consultancy. Apparently, HH is now the CEO of this company according to the 8-K, but bot according to Autilion's website. Autilion website
- Looking at VSTAs SEC filings shows a reverse merger, essentially bankrupt company.
- If VSTA is real why was there last SH meeting in 2011. A special meeting to change the number of shares outstanding.

Do these people think no one will check.

Oh, and if VSTA is real and this solves all there funding needs for the coming years why is the stock down today on 600 shares traded?

A plea to HH and his cronies. Please find better stories to debunk, you are taking the challenge out of this.

No they are both broken companies...


So tell me what is wrong:

- Does VSTA have any revenues - no!

- Does VSTA have any cash - no!

- Has VSTA struck very expensive financing deals - yes!

- Is VSTA's stock way down - yes!

- Do they both have QualityStocks in common - yes!

- Does QualityStocks (or their affiliate through a series of interrelated companies) have a vested interest in VSTA trading up - yes!

- Is all this in SEC filings - yes!

Its a scam. BGMO has no money and neither does VSTA.

VSTA + BGMO A Total Scam

What a joke. Look at VSTA's SEC filings this company is near bankrupt, they have been scrambling for cash, they have no revs... their stock has been obliterated.

What do they have? QualityStocks as their IR. And, guess what, QualityStocks is paid in stock. What a surprise. What a total fraud and scam.

Making up the financials takes a lot of time and effort.

Its not easy to come up with bogus financial statements that totally contradict all previous financial statements on a timely basis.

First, they have to make up a new story of their business model, next they need to mock up fake and unverifiable documents, third they need to pay someone to say they looked at them but not verified them independently, then they need to issue a press release and post them on the internet.

Do you think this is easy? Only the fact that this has been going on for ten years is testimony to HH's skill.

Still nothing to see here...

Still no new fabulous PRs.

Stock still trades under a StopSign on OTC

Still the same old reposts of bogus PRs from months ago

Still no trading volume

And, the PPS is way down from a year ago.

Are You Surprised???

Surprise: QualityStocks no longer lists BGMO as a client.

Surprise: Months of repeating the same posts over and over have had no effect on the stock price

Surprise: After a bout of selling volume has dried up

Surprise: Company is no longer current with disclosure

Surprise: None of the promises made by HH and the company have had any follow through

Surprise: We still don't know who was given 25% of the company virtually for free

Are you surprised? Given the almost ten years history of nothing I'm not

The only reason people who have lost most of the value in their investment aren't selling is why pay the commission.

BGMO is a dead, money-less company.

STILL NOTHING NEW

What a disappointment. No new PRs promising billions, but under strict NDAs, but we really care about SHs. I think that adapting Warren Buffet's strategy means doing the exact opposite of what he does. Announce nothing, oh yeah there is nothing to announce for this insolvent shell of a company.

Why hasn't the stock reacted to press releases that in some cases are over sixth months old, despite repeatedly posting them -- because they are all farces like everything else about BGMO. No one, except the paid posters, believes a word in them.

The sad part is that without any elaborate new claims there is no reason to spend time here. C'mon HH give us something new to de-bunk and laugh about.

OTC Stop

OTC warns against trading this stock as their information is not current.

Do your due diligence carefully.

BGMO's Real Biz Model

Watching the last few month's press releases and the movement in the stock price leads me to conclude that there is no operational business model here - or at least that is what the market thinks.

What it does appear to me to be - based on the facts and analysis of them - is that...

- BGMO issues a press release touting extraordinary accomplishments, usually involving hundreds of millions or billions of dollars. This has occurred numerous times in the last several years. None of which to date have proved real.

- There are numerous posts claiming disregard the past and this time its real.

- At the same time management goes quiet

- The new claims have no relationship to older claims

- There is a short term increase in reported trading volume, and sometime the stock goes up for a few days

- Silence ensues

- Several months later a new round ensues.

Through all this we can't find one customer, one investment, one independently verifiable document

Another balloon popped

Remember all the posts claiming that BGMO achieving current status had some significance, which of course it didn't, and implying it was some sort of endorsement, which it isn't, well more managerial incompetence.

PPS tells all this is a farcical fraud.

Big Trading Day

Well at least compared to the last two days, that is.

Sure we should believe that this company is highly profitable without any verified proof?

Sure we should believe that after all the farcical lies of the past this time they really do have access to either $1 or $1.5 billion, depends on what you read as they can't get their story straight?

Sure we should believe that a share repo or dividend is coming as has long been promised?

Sure we should believe that giving someone 25% of the company virtually for free is in SH's best interests and reflects good corporate governance?

Maybe some posters here believe this, but the market certainly doesn't seem to.

Key Questions...

Despite all the claims and press releases, where are answers to the most basic questions:

- Can you identify any customers who have bought anything from BGMO?

- Can you identify any investment made by BGMO, where are the PRs and disclosure?

- Can you name any of the employees who are carrying out all this work?

- Why was someone given 25% of the company's shares at a 97% discount to the market price if this company is so valuable?

- Why won't the company, or its IR rep, speak to investors or potential investors?

- Why does a company that claims so much money not perform an independent audit?

- Why isn't a company with so much claimed earnings and prospects working on a full registration of its stock and get off the Pink Sheets?

- Why does a company that people claim is well managed not follow any guidelines for disclosure of material information?

Until there are answers to these questions the only conclusion is that this is an ongoing fraud as it has been for years.

What will be greater, paid posts or share traded?

Yesterday the paid posters won. Says a lot for a stock/company that is supposedly making real money.

Also, will QualityStocks get paid the money they are owed? My be is they won't if history with BGMO is any guide.

Key Questions to Ask??

There have certainly been a lot of posts over the last few weeks, with many of them being highly repetitive copy & pastes. Here are my central questions to which answers would help. BTW, just reposting previous posts doesn't suffice...

- How does BGMO make money? Claims have been made that they are investing in highly lucrative businesses, what are these businesses?

- Does BGMO have any money of its own? Various claims by the company in many years of unaudited financial statements have claimed between hundreds and billions of dollars. How much is really there?

- Why does a company that is supposedly so profitable and wealthy..
-- Has never preformed an audit, yet has repeatedly promised one?
-- Have a stock that is highly illiquid, and has days with no volume?
-- Refuse to speak to investors?
-- Fail to hold SH meetings?
-- Need to hire a penny stock promoter for $35,000 to one and 500,000 shares to another?

- If there is so much money at HSBC that BGMO can use where is a document that clearly states this with BGMOs name on it?

- If this company is so valuable why did management claim to issue stock, 25% of the outstanding, at $0.001/share to an unnamed SH? Why issue stock at such a deep discount and how does this meet a fiduciary responsibility and be in SH best interests?

HH Says BGMO Fair Value = $0.001/Shr

This is a fact, not an opinion...

If management sells 60 million shares, which they claim they did, and the price they receive is $0.001 per share then management believes that fair value for the stock is $0.001.

So management thinks the stock is over valued by 97%.

This is a very expensive stock and management has told us what it is worth.

BTW, all the paid posting isn't working. There are no buyers.

BGMO Stock is Worth $0.001 / share

If management sells 60 million shares, which they claim they did, and the price they receive is $0.001 per share then management believes that fair value for the stock is $0.001.

So management thinks the stock is over valued by 97%.

This is a very expensive stock.

Massively Over Valued Stock

In my analysis this stock is massively over valued. By selling stock for $0.001 per share that is the price the company thinks the stock is worth.

Despite claims to access to vast riches...

1. The company has never produced an audited financial statement, despite promising to do so for years.

2. Regardless of whether the company has been fooled or the company has lied, the company has touted massive access to capital over a multi year period - though to date they have all proved to be bogus.

3. The company has had a shifting with the tides business model and has never been associated with any verifiable revenue.

4. The company repeatedly rolls out various documents as proof of access to money but there is no legalized and direct link from the company to the money; which to date has always turned out not to exist.

5. The company's most recent financial statements, which are a compilation, make no sense, have no back up verification and totally conflict with prior period "financial statements" the company has released.

6. The company claims various operations but has no offices.

7. The company seems to have no real employees.

8. The company claims to have issued a massive slug of stock, won't reveal who it was sold to, and it sold it at a small fraction of the then market price.

The last point, selling stock for $0.001 per share, tells you what the company thinks the shares are worth.

Of Course This is All A Fraud

As you have so well pointed out none of this makes any sense...

Where is the legal tie between BGMO and National Wealth - a company that probably doesn't exist?

Where does it say BGMO can use the money?

Notice that many of the signatures are on top of the seals, they should be under the seals.

As you say no account has exact round numbers with no accrued interest.

If BGMO really had the assets and income they claim why would they issue 60 million shares for free? This would be theft from the shareholders. That assumes it even happened.

No financial statement makes sense in light of any prior periods.

This is such an obvious pump and dump that one only hopes innocent traders don't get caught in the cross fire.

Only BGMO Fact

The only actual fact here is the PPS which isn't doing anything despite weeks in inane posts by paid awareness promotors. The explanation is quite simple. Given the company's history of fraud and lies no one believes anything they say combined with the fact that this is not a company that is acting as though it is highly profitable and has "cash in the bank".

If it has cash in the bank why pay both cash and shares for an awareness campaign.

Great Summary

You really hit the nail on the head. BGMO is a fraud and woe to anyone who buys this stock. As soon as the promoters have been paid off and cashed out they will disappear to go pump another worthless penny stock.

At least some people are trying to provide facts among all the spam.

Uh Oh

We now know the truth. This stock is in big trouble. Any selling pushes it down. The pump is busted, just like this company is.

If you own shares sell them now.

Why is someone selling at current prices????

This makes no sense. BGMO is supposed to be virtually printing money, at least according to the 100s of recent posts. They have $1 BN in the bank.

Yet, someone is selling their shares and driving down the PPS. How can this be? Why isn't Quality Stocks doing their job and getting the word out?

I am confused...

60 million shares is the total issue

Issuing shares at a fraction of the then share price for a company that is supposed to have over $1 BN and is earning vast sums is what is know as fraud.

What company would sell stock at this price and highly dilute existing shareholders? Crooks and scam artists that's who.

The 60 million shares, which HH claims he sold for $62,000 if it even happened, if any of the other claims are real is a colossal rip-off. Any real investor would be suing management for this issuance if the believe anything else being said. But, as almost all the posts are paid spam nothing will come of this.

Not a single thing put out by this management passes even the most basic due diligence.

Shouldn't the PPS be rising???

Could it be that despite days of repetitive posting of unverified information that no one believes BGMO's lies?

The share price and daily volumes sure say so.

Where is independently verifiable documentation such as audited financials? Umm, no where.

Where is identification of some provided 25% of the shares at a fraction of the market price? And, what is happening with those shares?

Where are the promised dividends or share repos that have been long promised - but actually take money to do?

Why does a company with a "billion dollar balance sheet" pay promoters to fill BBs with daily spam instead of doing real IR work and providing real documents to investors? Looks pretty desperate.

Until there is something real here the stock price is going nowhere. The market knows this is a scam.

$120.58 + Commissions

All the paid posts

All the claims about $billions in the bank

All the claims about the imminent power hour with huge trades to come

The supposed locked in revenues and net income

etc, etc, etc

And the stock trades 2,275 shares. Mr. Market disagrees with the "Pump". It isn't working.

You Can't Pay for Entertainment Like BGMO

As others point out this paid farce of fantasy and lies continues. There is a second paid promoter who received 500,000 shares in addition to Quality Stock. I can't find the link again, but now there are at least two houses trying to pump this up and it isn't working.

If the last few days are any example someone will come in and buy a few shares before the bell just to nudge the PPS up.

The Fraud Isn't Working

Resorting to paying people to sit all day and post and report the same nonsense is not what real companies do.

I love the follow in Warren Buffet line. So it BGMO is like Buffet where are the audited financials, the range of SEC filings, the other employees, offices, the licensed insurances companies and all the other statutory filings? Oh yeah, forget BGMO is a transparent company its just the the NDAs that prevent telling anything.

Post the Paid Posts

So after literally hundreds of paid posts claiming that BGMO has the money the stock is still a penny Pinkie and traded less than $10,000 worth of shares.

A total and complete fraud. As soon as the paid promotion is ever it will sink back below where this Pump began unless real, independently verifiable proof is provided, which has never happened yet.

BGMO is 100 % Fraud

Here is a good read on crap detection detecting crap on the internet

There is still zero verifiable proof of any claims.

If it is real then HH should be charged with fraud for selling 46% of the stock at $0.001/share and robbing existing shareholders.

BGMO has received zero securities.

The nonsense press release speak for itself. It says they have received securities. If they have a security then there is a CUSIP. This is public information, NDAs and all the other BGMO BS are meaningless. Provide the CUSIPs or stop asserting there is anything here other than another fraud from HH and his minions.

BGMO RIP

This sad story is finally approaching its final resting place. Too bad, as the the fantastic stories told in the mazing press releases always make for good reading. I also enjoy a lively game of spot the fraud wherein we see how many minutes it takes to debunk the latest absurd press release from the mind of HH.

Clearly this puppy is on life support at best. A promise to pay $35K for a IR blitz isn't producing any trading volume. No one believes the highly repetitive cut and pastes from paid posters.

If there was something real to prove HH would have done it a long time ago as the gains would be so huge. But there isn't. It, like almost every one of these, is just a big pack of lies.

How will it end? It won't. So long as there is even a drop of blood to squeeze out HH and his friends will do so. Many who hold stock won't/don't pay any attention to whats going on and won't pay the commission to finalize their losses in this obvious fraud.

Maybe there is a chance of a big dilution, then reverse stock split, then bankruptcy, then sell the shell for another reverse merger. As long as a few trades can trade here and there it won't happen.