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I'm guessing that HH wrote that last pr on his own. What professional would ever issue a pr with the title "CEO DOES Interview"? Anyone with any experience would have said CEO Conducts Interview or CEO Gives Interview. Like everything else HH does, completely without class.
That is absolutely correct in theory, problem is BGMO is not that company. Show me 88 cents in revenue, let alone $88 million. This company is sham, scam, flim-flam disaster.
I would just go to your local courthouse and file something yourself against BGMO and HH and SP. If past performance is any indication they will just default.
I've already presented my proof - the falsity of every single prior press release. Where are assets from the Eurobond? Where is the Brasilian Bank? Where is all the cash that HH has announced was in? Where is Elpicon? Where are the proceeds from the USCapital SBLCs? Oh! They don't exist, all lies!!!
Once again, dodge, dip, dive, duck and dodge. It's not insider, especially if the other party is a public company.
Hahahaha. it would be a great sticky, IF IT WAS TRUE, BUT IT"S ALL LIES!!!!!!!!!
EVERYONE cares about why the company is being diluted to the skies when it supposedly has soo much cash on hand. Please answer that.
ROFL!!!!!! They haven't made $88 let alone $88,000,000. There are no audited financials (you can't point to the BGMO management prepared compilation and say that it proves anything.) Show me a bank statement for BGMO that shows $88 million on deposit and I will gladly apologize. Let's try and remember that HH announced that BGMO had $75 million on deposit in Dubai (false), received $100 million in financing from Bank of India (false), etc., lies., etc.
Yes, that hedge investment thing sounds so true. Why would a hedge fund take money from BGMO just to invest it in BGMO? LUDICROUS.
Please, please, please, keep reposting the link to the radio ad. I am sure the link will be dead soon and I would love for as many people as possible to hear all of his lies before the link dies.
Nah, at this point they are FACTS
How about explaining this FACT: Whay has the o/s spun out of control recently? Why didn't HH address this issue in his "interview"?
MALARKY!! Hiding behind NDAs is a long standing tactic of Herzog's "I would love to share info with you but I can't because of an NDA". Like I said before, you can't have an NDA that blocks a publicly held company from filing an 8K announcing the execution of a definitive agreement. HH announce that BGMO had signed a definitive agreement to acquire a publicly traded b/d. By law that b/d would have to disclose that agreement. hiding behind an NDA is bogus.
Nice catch!!
My "proof" is that nothing that he has said in the last I don't know how many years has come true, ergo, hey are lies. So now I'm supposed to believe that he is telling the truth? Sorry, can't buy that.
Very easy for you to ask me to prove a negative (which is impossible to do) when the company can easily prove a positive as in showing a bank statement. They haven't, ergo, LIES!!
How about that comment in the "interview" that BGMO was going to invest in a hedge fund that was going to invest that money in BGMO? Nonsense!!
Bottom line is, up until now, everything that I have said has proven to be correct - the company has produced nothing!!
Sure! It's perfectly normal for an IR firm (like the one that owns the website that carried what they themselves call commercial advertisements) to run "interviews" a/k/a as self-promotional garbage, for free. That's how they make money, charging nothing for their services!!
Assuming you are correct and there was no payment (not that it really matters, the real issue is the lies in HH's statements, not whether he paid to put them out there), I am sure it was because someone owed Eversull a favor. Would you have us believe that the IR firm donated its time and effort? Actually, there was no effort, just a butchering of the company name and one question was asked.
thestockradio.com is run by an IR firm, they do not run ANYTHING for free. Although not disclosed anywhere as it should have been, they undoubtedly received something. The "hands are tied" nonsense is just that, nonsense. How can there be an NDA between a parent company and a subsidiary that prohibits the parent company from disclosing the name of the subsidiary? there can't be!! How can there be a transaction to purchase a publicly traded entity (broker dealer), where the public entity doesn't disclose the execution of a definitive agreement? Answer? Can't happen!!
One of HH's favorite ploys is to hide behind bogus NDAs (makes it sound official and legal, but it's nonsense).
Almost as nonsensical is stating that there will be an investment by BGMO into a hedge fund that will take that money and invest it into BGMO. Yes, he did say that.
Was that the same part where he said that BGMO would invest money into a hedge fund that would in turn invest that money into . . . . wait for it . . . . BGMO?
IT"S NOT A RADIO SHOW - IT'S A PAID FOR ADVERTISEMENT!!!!!!
Ummm, no they haven't. They issued a COMPILATION, not an audit. By definitiion the info in the compilation is UNVERIFIED, UNTESTED, UNSUBSTANTIATED in any way shape or form. Bradford has not issued anything that proves the existence of a nickel let alone millions.
Interview?? LOL!! It was NOT an interview, it was a paid advertisement. Payment was made in the form of stock and the promoter clearly states on its website that they liquidate stock immediately when paid in stock. HH's statements in his internet advertisement were just more lies.
I doubt he could provide a point by point refutation to what Rahi has posted. HH has once again been PROVEN to be a liar, cheat and fraud.
Beware of that light at the end of the tunnel, it could be an oncoming train.
Sure, and that $88 million is just as real as the $100+ million they made from the last investment program that they announced over a year ago. Lies, all lies.
Check out the disclaimer page of the the "radio show" that posted the HH interview. They clearly state that it is not a radio show, it's commercial advertisement, and that they get paid in stock and THEY LIQUIDATE IMMEDIATELY!!! Hmmm, I wonder why.
http://thestockradio.com/disclaimer
More of the same re-cycled garbage. It was nice to hear all of hh's standard catch phrases, "dividend", "stock buyback", "in the near future"; all lies.
I wonder if the folks over at Bradford heard hh's description of their compilation? I doubt it since it was WAY off the mark.
Loved hearing about "truthfulness, honesty and transparency" and how the pps doesn't accurately reflect the company's value (true, it's too HIGH). If your so into truth, honesty and transparency Mr. Herzog, how about explaining why the o/s has increased five fold in the last year?
Not surprisingly hh has once again hidden behind confidentiality agreements. If I understood him correctly, he actually said he couldn't disclose the name of the European subsidiary because he signed a confidentiality agreement with the subsidiary. Take a step back for a second and think about that one; in effect he is saying "i signed a confidentiality agreement with myself so I can't say anything, I would really love to but I can't". LUDICROUS!!!!! A publicly company cannot be prohibited from disclosing the names of its subsidiaries. What about the publicly traded broker dealer? If it's real, they would be obligated to disclose in an 8K that they have entered an agreement with BGMO, no confidentiality agreement can prevent that, but there is no 8K.
Looks like HH is already setting up his defense to the criminal charges that should be brought against hime, why else would he repeatedly state "I would have to be insane to make these statements". That could actually be the only truth in the "interview" (one question, followed by a 20 minute speech), he's NUTS.
BTW, the next time hh pays for an "interview" he might want to insist that the host pronounce the name of the company correctly.
Oh no!! Only 57 Likes for this page. Company better grease up the Likes machine again, that will really get the pps moving. Who cares about performance, revenues or profits, it's Likes that are important!
Complete and total nonsense!
WOWWWWW!! Again, my sympathies to you for all you've been through. Your experience with HH is identical to the experience that everyone who has tried to do business with this criminal has had. Unfortunately, you are just another casualty in this fraud.
HH threatens to sue everyone but NEVER does because if he did, he would be exposed to criminal charges based on what would come out in the lawsuit. Have no fear he will NEVER sue you, he's just a big bully whose bark is worse than his bite.
Best of luck to you and Big Leaf. Be very wary of people who offer you financing on terms that are too good to be true, because they will almost always turn out to be a fraud. Networking with executives of successful startups is always a good thing. So is aligning yourself with a boutique investment banking firm that has a good reputation. I look forward to reading about your successes (hopefully sooner rather than later) as you and your company make an impact in the solar energy business.
I am truly sorry for what you have endured in your dealings with BGMO and Mr. Herzog. I believe that you must have realistic expectations with respect to getting paid by BGMO. By realistic expectations I mean do not expect to get paid. HH has a pattern of not paying his obligations, waiting to get sued and not paying on judgments until he has no choice.
A few years ago, BGMO and HH defaulted on a lawsuit and there was a judgment entered for about 50 thousand dollars. The company with the judgment seized BGMO's assets including the website, HH finally paid up after that. HH borrowed money from ICG in Chicago, pledging his personal stock as collateral, there wasn't enough stock to cover the debt and HH got sued. Again, he didn't defend and defaulted and there is a six figure judgment against him. BGMO borrowed 800 thousand dollars from a CAMOFI, never paid it back, tired to fight the lawsuit but lost, wound up not paying his lawyers who then dropped the case,etc. An 800 thousand dollar debt became a 3 million dollar judgment. Bottom line is he promises to pay everyone but pays no one. If you keep your expectations low, the disappointment won't be so bad.
You have my sympathies. I'm not an "i told you so" kind of guy, so I won't say that. That being said, there has been ample evidence for years that HH was nothing more than a delusional windbag, spouting tall tales spun from his own warped reality. BGMO went belly up when it crapped out in the fashion industry and tried to fool everyone with the ever changing energy story. That story reeked of fraud from the beginning.
Notice how HH has never sued anyone for libel. That's because he has no grounds to, everyone here has been telling the truth and he is the one who has been lying for years. HH TALKED a lot about going after people who called him a liar (just like he was going to sue the Trustee in Texas who enforced that judgment against the company and seized the website and just like he was going to sue CAMOFI and fight their lawsuit and file an appeal, none of that ever happened), but he never has and never will, because he does, he will have to prove that were everyone has been saying has been false, that can never happen.
There is absolutely zero proof of Bradford being paid in stock. I would HIGHLY doubt that they would agree to such an arrangement since it would effectively destroy their independence. I'm assuming they were paid part of what they were promised and are awaiting further payment from BGMO. Good luck to them on that.
IMHO the dumping has probably been judgment creditors who have been paid in the newly issued stock which is restricted upon issuance but immediately convertible into free trading shares since they are being used to pay a valid debt. I'm guessing that there is a lot more of this stock out there but the sellers are giving it a rest before putting the pedal to the metal again, we will probably see multiple periods of mass dumping, followed by silence, followed by mass dumping. What Fun!!
Don't be so quick to scoff at the new investment programs, they have an excellent chance of succeeding. it is my understanding that HH was introduced to these programs through a Nigerian Prince that he met in the mens room at a casino.
No buying frenzy, hmmmmmmm
I'm pretty sure the trading in the stock since the issuance of the Compilation proves my point.
Different assignment this time. Not working on audited financials, which would require rigorous testing of everything, they just prepared a compilation which requires no verification and does not put Bradford at risk for anything (as opposed to audited financials which would).
You are wrong! The letter to which you are referring was the first letter put out by Bradford which stated they they won't to any further work on the financials (towards reviewing or auditing them) until proof of closed transactions was provided. The statements in that letter made it clear that Bradford would not risk it's name or license for HH and his lies. In a desperate attempt to convince the world that he's not lying HH went back to Bradford and asked them what they could put out now, hence the Compilation, which if you read Bradford's cover letter and the AICPA's Standards for preparing compilations you will see that Bradford has reviewed NOTHING, audited NOTHING, verified NOTHING, opined on NOTHING, vouched for the truth of NOTHING and his disclaimed any responsibility for the accuracy of the numbers in the financials
THERE IS ABSOLUTELY ZERO VERIFICATION OF FUNDS, NADA, ZILCH, ZIP, period, end of story!! To believe otherwise is to just fall into yet another of HH's traps.
I am? Wow! So tell me, where s the $75 million that was deposited into the BGMO account? Where are the proceeds from the SBLCs? Where are the asstes from the Eurobond? Where are the proceeds from Brasilian BG? They don't exist and never did. But, I'm sure that HH has paper showing all these deals and that paper probably has all kinds of seals and ribbons and looks very official. In fact they look real enough so that an accounting firm could use it in putting together a Compilation, that doesn't make any of it true though.
LOL!!! That's the same as saying HH says it. The Statements were not audited or reviewed, Bradford took that at face value, that's it. They specifically stated that they didn't check anything nor were they obligated to pursuant to the AICPA's Standards.
"There money is there" - How do you know that? Have you seen a bank statement? Do you "know" that it's there because HH told you that it's there or do you have something more than his word? After all we need to remember that this is the same guy who claimed to have $75 million on deposit in a BGMO controlled account and that wasn't true (I could point to MANY other things that were announced and turned out to be lies, but I won't).
If money was truly in, it could be very easily verified. The only verification that we have in connection with BGMO is that HH is a liar. Albert Einstein once said "Two things are infinite, the universe and human stupidity, and I'm not so sure about the universe". If Einstein was still around he would add HH's capacity for lying to the list of things that are infinite.
Not true!! I suggest that you re-read the AICPA's Standards on the subject, I included a link in an earlier post. Bradford is not obligated to check anything, all they did was format the information provided by HH into something that looks like financials. It is worthless.