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Sorry, but I missed your answer. How does a company transfer a half billion dollars from a bank that doesn't exist?
There is NO definitive evidence that a CPA went with Herzog to Europe. Assuming, arguendo, that happened the only thing we know for sure is that the visit was not done to perform an AUDIT. Why not?
Then I suppose you trusted Herzog when he said that a half billion dollars would be transferred to Bergamo through a bank that didn't exist. But THIS TIME he's telling the truth? Yeah, sure. The market ain't buying it and that's all that matters.
"The bank guarantee is drawn to the order of Bergamo Acquisition Corp PTE, Ltd. This instrument was received with the Transaction Code: IEACSINO/E400M/BG/GSPDBS/111222, and was issued by GSP-Banco Fomento Mercantil Ltda, http://www.gspbanco.com.br/."
http://ih.advfn.com/p.php?pid=nmona&article=50794136
It can only mean all the "manipulators fear Bergamo."
It is impossible to conduct technical analysis on a stock that has traded a hundred dollars worth of stock in 3 trading days.
LOL. Getting information from the Ref invariably leads to mistake.
I own a boatload of GEC and have not sold a share. Why would I want to do anything to sabotage my own investment? Merritt owns many more shares than I do.
There are two reasons why I stopped posting, and neither has one whit to do with my "own deal with the Canadians."
1. I finally realized that the bar against posting my personal information would not be enforced against the Ref. The Ref not only posted personal information about me, but also about my family. I repeatedly complained, but it did no good. Sorry, but that's over the line.
2. A certain poster invited me to cease posting, saying my posts were of no value. I gladly obliged, because information, for me, was strictly a one-way proposition. Funny, how that poster subsequently posted several questions to me. Maybe he changed his opinion. I don't know and I don't care. Like I said the information flow was strictly from me and not to me.
NWI is as fake as Bergamo's Brazilian bank and as imaginary as Bergamo's alleged Florida subsidiary.
There is NO MONEY. There is NO BUSINESS.
Another sizzling day of action.
Bergamo with its billion dollars in cash, and billions in net revenues per year, manages to trade another whopping 40 bucks.
Impressive.
THERE IS NO MONEY!
Yeah, a company holding 1 billion in cash, and its stock trades a whopping 4 dollars a day. To believe such a charade requires total suspension of reason and common sense. Fortunately the market ain't buying it - literally.
What you've got is a no volume stock, with a price that has actually gone down since Herzog first trotted out this most recent episode of Bergamo tall tales.
The MARKET does not believe any of it.
No, in the eyes of the market which determines the valuation to be assigned to equities. Obviously, the market does not believe anything this company says, and for good reasons. The only way it changes is with an AUDIT. The very thing that this company refuses to do. Why is that? Why waste $35,000 on this promotion/stunt when 1/2 that amount would have bought an audit. You got any answer as to why an audit was not done 4 months ago when the company claimed it was making almost 4 million dollars a day? Would the stock price be at 3 cents if they had proved up those numbers through an Audit? So, why didn't they do it?
The only answer to those questions is THERE IS NO MONEY!
There is NO MONEY!
The craziness of Bergamo
Option 1: Spend $35,000 on a stock promotion that creates no volume and results in the share price going nowhere.
Option 2: Spend less than $35,000 on an Audit, prove the 88 million dollars revenue in one month, and that revenues of that amount will continue for years, thereby creating many 30,000,000 shares traded a day and catapult the share price to 4 or 5 dollars.
Only a complete loser like Herzog would think the public would not see through this as just another scam play by a crook.
And all of those alleged "achievements" are reflected in a stock price of 3 cents. The market is unimpressed because the market believes nothing this company says. That's what a liar of a CEO will achieve for a company.
Nah.....Herzog has been lying for a loooong, looooong time!
You missed Bergamo's MOST recent achievement.
Bergamo Acquisition (BGMO)
0.032 -0.002 (-5.88%)
Volume: 190,200
Just amazing the type of valuation the market will give to a company with a billion in cash and cash flowing another billion per year. Of course, Herzog is always saying, "The market has it wrong." But Herzog lies, doesn't he?