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There is plenty of liquidity in the Canadian market, but the problem is it's all on the sell side, that's why we are trading at 52 week lows.
The market never lies, and the market is saying this is a pump and dump
This can't be good for the hole MMJ industry in Canada
The Vancouver Sun reports in its Saturday edition medical marijuana producers are facing opposition in British Columbia from municipalities which say they do not want concrete bunkers on agricultural land. The Sun's Kelly Sinoski writes in a decision Friday, Metro Vancouver directors said they would back a B.C.-wide ban against medical marijuana on agricultural land. The B.C. government says medical pot facilities will not be allowed to claim farm-tax status, but have a constitutional right to be on agricultural land. The proposed standards are slated to be pushed through by December. "Marijuana is not going to be grown in an agricultural field, it will be grown in big concrete bunkers," Delta Mayor Lois Jackson said Friday. "You have to have a concrete floor, which means you'll never get that agricultural land back if you need it. We should save the farmland for soil-based crops and put bunkers in industrial areas." Medical marijuana production has become an issue in the region, following a decision by Health Canada last year that requires medical pot be grown and distributed by commercial licensees. Consumers of medical pot are still allowed to grow their own after being granted an injunction.
It would be more interesting if the bid showed up at .32 where the stock was a few month ago.
Looking more and more like this was a pump and dump.
Trading @ 52 week lows, and tax loss selling is just getting started !
WTF !!!!!!!!
Will discover how to put a bid up, his stock is collapsing
Investors were also selling in large numbers today, at 52 week lows, that is never a good sign going forward.
Why did it trade over 700k in Canada and 250k in the U.S. at sub .20 today, looks like investors are running for the exit door.
Are they going to roll this back in November, high volumes and it keeps on going down.
When are they going to roll this one back. that maybe the only way to clean up the over hang of stock.
Where did you get that info, and why the change in name ?
Is Nick still selling ?
Your wrong there, PUF is already big in Washington State and Rssff is trying to open the door there.
Let's hope Nick gets a deal done with PUF in Washington State, if he does we are off to the races, if he doesn't we will slip lower.
most of these stocks have gone to zero and have had reverse splits
Here is a small list of deals he has done most have gone to zero
Roles for Schneider Craig Douglas - order by date
Company Role
BCY LifeSciences Inc 2001-09-30 - Became a consultant to Co
2001-09-30 - Was disclosed as holding an option on shares of Co
2002-04-01 - Was disclosed as a former consultant of Co
BCY Resources Inc 2001-09-30 - Became a consultant to Co
2001-09-30 - Was disclosed as holding an option on shares of Co
2002-04-01 - Was disclosed as a former consultant of Co
Bok Management 1998-10-23 - Was disclosed as a shareholder of Co
Cannabis Technologies Inc 2012-12-10 - Became a director of Co
Classic Gold Resources Ltd 1999-12-08 - Became a director of Co
2000-07-18 - Became a former director of Co
Coal Creek Energy Inc 2003-02-06 - Became a director of Co
2003-05-05 - Became a former director of Co
Corex Gold Corp 2003-02-06 - Became a director of Co
2003-05-05 - Became a former director of Co
2003-11-28 - Became a director of Co
2004-06-15 - Was disclosed as holding an option on shares of Co
2005-09-08 - Was disclosed as a shareholder of Co
Cubix Investments Inc 1995-07-18 - Was disclosed as holding an option on shares of Co
Cubix Investments Ltd 1995-07-18 - Was disclosed as holding an option on shares of Co
Etoby Management Ltd 2007-10-19 - Was disclosed as a shareholder of Co
First Echelon Ventures Inc 2002-02-14 - Became a director of Co
2002-04-26 - Was disclosed as a shareholder of Co
2002-10-23 - Was disclosed as holding an option on shares of Co
2003-03-25 - Became a former director of Co
Formation Capital Corp 1998-11-13 - Was disclosed as holding an option on shares of Co
Global Net Entertainment Corp 1999-05-26 - Received shares for debt
Hemis Corp 2005-09-15 - Became a consultant to Co
2005-09-15 - Was disclosed as a shareholder of Co
Latitude Minerals Corp 2001-05-02 - Became a director of Co
2001-11-23 - Became a former director of Co
Magnum Uranium Corp 2005-10-14 - Became a director of Co
2005-11-07 - Became a creditor of Co
2005-11-08 - Received shares for debt
2005-11-08 - Was disclosed as a shareholder of Co
2005-11-08 - Became a former creditor of Co
2005-12-19 - Was disclosed as holding an option on shares of Co
Meridex Software Corp (2) 2012-12-10 - Became a director of Co
Mt Tom Minerals Corp 1999-05-26 - Received shares for debt
Oramericas Corp 2012-07-15 - Became a director of Co
2013-01-25 - Was disclosed as a shareholder of Co
2013-01-28 - Received shares for debt
2013-11-20 - Was disclosed as holding an option on shares of Co
Orocan Resource Corp 2007-03-21 - Was disclosed as a shareholder of Co
2007-03-21 - Became a director of Co
2007-09-24 - Became a former director of Co
2012-01-31 - Was disclosed as a finder for Co
Parlay Entertainment Inc 2012-07-09 - Became a director of Co
Raincity Capital Partners Inc 2002-01-15 - Was disclosed as a shareholder of Co
2002-02-14 - Became a director of Co
2002-06-30 - Became a former director of Co
RIS Resources International Corp 1995-07-18 - Was disclosed as holding an option on shares of Co
Standard Graphite Corp 2007-03-21 - Became a director of Co
2007-03-21 - Was disclosed as a shareholder of Co
2007-09-24 - Became a former director of Co
2012-01-31 - Was disclosed as a finder for Co
Westmount Resources Ltd (2) 1997-12-08 - Was disclosed as holding an option on shares of Co
Do a little DD on the CEO and you will run for the hills.
How can you compare a large cap company on Nasdaq to a micro cap pump and dump on the OTC.
Yet the stock trades at a all time low, that says it all.
More financing at these levels will dilute all the exiting shareholders, not a good thing.
Where did you here they are going to sell E-cigs now, sounds like the clinical trial deal didn't work out.
Shareholders are bailing because it's a pump and dump
Shareholders are bailing out in big numbers, volume at all time lows is anything but good news
Today's volume in Canada was all selling on the bid, looks like shareholders are running for the exit door.
Looks like this deal wants to move (Symbol PUF Tsx Venture Exchange )
CHLORMET PROVIDES UPDATE ON AAA HEIDELBERG
Chlormet Technologies Inc. is giving an update on the activities of AAA Heidelberg, the private Ontario company that Chlormet purchased a 16.5-per-cent ownership stake in (see news releases dated March 27 and April 2, 2014) and which holds the exclusive right to acquire the remaining 83.5 per cent upon the granting to AAA Heidelberg of an MMPR (Marihuana for Medical Purposes Regulations) licence by Health Canada.
AAA Heidelberg has been given notification by Health Canada that its application is in the enhanced screening stage.
"AAA Heidelberg continues to make steady progress and is nearing completion of the build out of its facility. This latest correspondence from Health Canada confirms that AAA Heidelberg is making steady progress towards an MMPR licence. In anticipation of the completion of the build out and the subsequent invitation to Heath Canada for a final inspection, management has arranged to visit the facility," stated Yari Nieken, interim president of Chlormet.
Looks like they have some business relationship !
http://marketfy.com/content/52226-weedstock-breakfast-presentations
This can't be good
This must be Deja vu I think I have read this somewhere before, Did the stock hit a all time low this week at 22. If the stock traded at 46, then CANLF would succeed.
Just found this on stockhouse, sad but true the chart says it all
Craig Schneider should go straight to jail
Don't pass go for his role in this pump and dump.
Stick with management that have a working knowledge in the MMJ space, and not the Howe St. Bay St. rounders.
Read more at http://www.stockhouse.com/companies/bullboard/c.can/cannabis-technologies-inc#5tjjdek8AMjoxPAV.99
http://www.stockwatch.com/Chart/Advanced.aspx?action=go&time=1&symbol=CAN®ion=C
Market manipulation investigation into the trading of Bergamo Acquistion shares and followed by a internet smear campaign in the first quarter of 2013.
January 29th 2013
January 30th 2013
February 08th 2013
It has been brought to light through a private investigation that BGMO shares were manipulated by a Pakistani with Canadian citizenship. The trading was conducted by a business associate who is a Pakistani American in the restaurant business in Miami Florida.
All investigation results have been forwarded to the United States Security Commission
FVSTA Is on the pump and dump watch list Oct. 31st
http://www.pumpsanddumps.com/
Breaking news in Nevada, Herzog is holding hostage the CPA from L.L. Bradford. He has a gun to his head and is forcing the CPA to sign a letter that verified the authenticity of the Bank Statement of BGMOs European subsidiary showing HSBC USD 1,000,000,000,00
AS REAL AS A HEART ATTACK AND MUCH DIFFERENT THEN 2009
Certified Public Accountant Confirms Funding Reported by OTC BGMO
Direct Link on OTCMarkets: http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=98483
Documents are posted on the filings section, which can be found here: http://www.otcmarkets.com/stock/BGMO/filings
Got shares !!!!!
YOUR OPINIONS ARE WRONG AGAIN
So far the shareholders have only heard opinions please provide links to back up your opinion that this time is no different.
There is plenty of evidence that this is very different ( including a Bank Statement filed with OTC markets, and a CPA letter verifying the Bank Statement and financial statement )
How BGMO Secured USD 1,000,000,000.00 CASH FUNDING
1. HSBC Bank Statement posted on OTC MARKETS Filings on Jan 29th, 2013.
2. HSBC BANK A/C Holder’s Name.
3. HSBC BANK A/C Number.
4. HSBC BANK A/C Authorized Signatory.
5. HSBC BANK A/C Bank Officer Name and Title
6. HSBC BANK A/C Bank Officer Bank E-Mail Address.
7. HSBC BANK A/C 2nd BANK OFFICER Title and E-Mail Address
8. HSBC BANK A/C Main Branch Phone Number.
CPA ADMITS IN THE 1ST Line of his Letter JAN 25TH, 2013).
“QUOTE BY CPA” I am writing this letter at your request to (“VARIFY”) certain
Information CPA received during his meeting on Jan 23rd, 2013 with the management of Bergamo Acquisition Corp.
“QUOTE BY CPA” This letter can serve as a summary of the documents only as
“ADDITIONAL” information included in the originals agreements.
“QUOTE BY CPA” BGMO AFFILIATE WAS GRANTED USD 1,000,000,000.00
National Wealth Ltd.
“QUOTE BY CPA” NATIONAL WEALTH LTD was granted USD 1,000,000,000.00
On Jan 18, 2013. For a period of three years.
“QUOTE BY CPA” The Documents reference CASH deposit with HSBC totaling
USD 1,000,000,000.00.
“QUOTE BY CPA” Pursuant to the documents through a bond power, Deed of Assignment,
Bond Power hereby referred to as “Grantee” is National Wealth Ltd, Affiliate of Bergamo Acquisition Corp.
a) CPA Letter Dated Sep 19th, 2012
b) CPA Letter Dated Jan 25th, 2013
c) OTCMARKETS Filings Section, Review Bank Statement
d) OTCMARKETS Filings Section, Review powers authorized to the
“Grantee” which is National Wealth Ltd affiliate of Bergamo Acquisition Corp
e) Bank Statement is posted showing CASH deposit of USD 1,000,000,000.00.
f) Press Release Issued on Jan 10th, 2013 and Press Release Dated Jan 31st, 2013.
HSBC USD 1,000,000,000,00 ( DONE DEAL )
Certified Public Accountant Confirms Funding Reported by OTC BGMO
Direct Link on OTCMarkets: http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=98483
Documents are posted on the filings section, which can be found here: http://www.otcmarkets.com/stock/BGMO/filings
It`s very clear the statement from HSBC has a HSBC stamp on it, with two officers signature on it.
Maybe HH has one of those stamps in his drawer,or maybe one of his buddies just happened to have USD 1,000,000,000,00 at HSBC and lent him the statement for the PR. DUH !!!!!!!!
AS REAL AS A HEART ATTACK
Certified Public Accountant Confirms Funding Reported by OTC BGMO
Direct Link on OTCMarkets: http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=98483
Documents are posted on the filings section, which can be found here: http://www.otcmarkets.com/stock/BGMO/filings
It appears L.L. Bradford put out a second letter dated Sept. 19th to clarify exactly what they did in preparing the compiled financial statement, including reviewing information.
L.L.Bradford has a fiduciary duty to make sure that the information in the financial statement, is not erroneous, misleading or has incomplete information in it.
September 19, 2012
HillardHerzog, CEO
Bergamo Acquisition Corp
Dear Mr.Herzog;
Included you will find the compiled financial statements of Bergamo Acquisition Corp as of and for the
period ended September 17, 2012. The financial statements were prepared based on discussions with
you along with reviewing information and agreements you provided. Thanks for giving us the
opportunity to serve Bergamo Acquisition Corporation. We look forward to working together in the
future.
Sincerely,
L.L. Bradford&Company, LLC
http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=92172
Since Hal's ghost writer quit the Quality of the ghost writer's penmanship has gone way down hill, Hal has hired a bunch of
amateurs to spew the false and misleading information on the internet.
HOW DO YOU EXPLAIN THIS?
Just Keeping Them Honest !!
A challenge for anyone out there
If anyone can get any regulatory body to withdraw the bank statement or the financial statement from OTC markets, I will also go negative on BGMO
BUT THAT WILL NEVER HAPPEN, BECAUSE IT`S REAL !!!!
Certified Public Accountant Confirms Funding Reported by OTC BGMO
Direct Link on OTCMarkets: http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=98483
Documents are posted on the filings section, which can be found here: http://www.otcmarkets.com/stock/BGMO/filings
Got more cheap share !!!
Timing is everything !!!!
Speaking of trying to hard, we have heard the same spew of false and misleading information on the internet for years with out any proof to back up their claims.
Now that BGMO has released banking information showing a cash balance of USD 1,000,000,000,00 at HSBC,signed and sealed by two Bank officers, then took it one step further and had a CPA from a S.E.C. qualified accounting firm L.L. Bradford, verify the Bank Statements for authenticity, where should BGMO trade now ?
L.L. Bradford has reviewed and verified all the original documents and the original bank deposit statement from HSBC. These original documents provided the location, account number and dollar value of deposits, and were signed & sealed by two bank officers for authenticity. L.L. Bradford finally confirmed Bergamo Acquisition's current financial agreements.
HSBC. USD 1,000,000,000,00
Certified Public Accountant Confirms Funding Reported by OTC BGMO
Direct Link on OTCMarkets: http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=98483
Documents are posted on the filings section, which can be found here: http://www.otcmarkets.com/stock/BGMO/filings
IF PEOPLE WANT TO READ SOMETHING DIFFERENT IN THIS VERY CLEAR LETTER BY BRADFORD, AND THE NOTES PREPARED BY L.L. BRADFORD. I AM SORRY FOR THEM.
September 19, 2012
HillardHerzog, CEO
Bergamo Acquisition Corp
Dear Mr.Herzog;
Included you will find the compiled financial statements of Bergamo Acquisition Corp as of and for the
period ended September 17, 2012. The financial statements were prepared based on discussions with
you along with reviewing information and agreements you provided. Thanks for giving us the
opportunity to serve Bergamo Acquisition Corporation. We look forward to working together in the
future.
Sincerely,
L.L. Bradford&Company, LLC
NOTES PREPARED BY THE INDEPENDENT ACCOUNTING FIRM OF L.L.BRADFORD ( Notes are written by L.L. Bradford not the company )
The Company is engaged in investing in financial instruments and companies worldwide. During May 2012, the
Company purchased 100% interest in a European entity for its investing strategies utilizing the EURO currency.
Note 2 – Investment in marketable securities
Investment in marketable securities consists of 2,132,157 shares of common stock in a publically traded company at a
cost of $1 million. During the period from January 1, 2012 through September 10, 2012, the Company recorded an
unrealized loss of $0.1 million. As of September 17, 2012, the estimated fair value of the shares was $0.9 million.
During August 2012, a Stock Purchase Agreement was entered into to purchase 60% of a Delaware corporation in
exchange for $7.5 million in order to effect the purchase of a majority control of the publically traded company noted in
the preceding paragraph. As of the date of these financials, the
Note 3 – Commitments and Contingencies
During September 2012, the Company entered into a settlement agreement to satisfy outstanding debt and accrued
interest carried on the Company’s financials at approximately $1.0 million. The Company had previously defended
against the penalties and interest but agreed to a total settlement of approximately $2.9 million. Accordingly, the
Company recorded settlement expense of $1.9 million.
During August 2012, a subsidiary (“Subsidiary”) of the Company entered into an Investors’ General Agreement and
Investment Platform Provider Business Agreement (hereafter the “Investor Agreement”). The Investor Agreement
describes the profit sharing between the investors and the Subsidiary and provides for weekly payment of those profits.
The agreement will be ongoing for five years.
Note 1 – Nature of Business and Summary of Significant Accounting Policies
The Company is engaged in investing in financial instruments and companies worldwide. During May 2012, the
Company purchased 100% interest in a European entity for its investing strategies utilizing the EURO currency.
Summary of Significant Accounting Policies
Basis of Presentation
These financial statements and related notes are presented in accordance with accounting principles generally accepted in
the United States. The Company’s fiscal year-end is December 31.
The Company’s reporting currency is the United States dollar (USD) and functional currency is the EURO. Foreign
currency assets and liabilities are translated into their U.S. dollar equivalents based on year end exchange rates. Revenue
and expense accounts are translated at average exchange rates. Aggregate exchange gains and losses arising from the
translation of foreign assets and liabilities are included in shareholders' equity as a component of comprehensive income.
Accumulated gain on foreign currency translation adjustment was
Cash and Cash Equivalents
Cash equivalents include money market accounts which have maturities of three months or less. For the purpose of the
statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to
be cash equivalents. Cash equivalents are stated at cost plus accrued interest, which approximates market value.
Revenue Recognition
Investments in Financial Instruments – The Company earns commissions based on returns from investments in financial
instruments. Revenues are recorded upon receipt of actual returns.
Costs include commissions or revenue sharing arrangements with other parties.
Fair Value of Financial Instruments
The Company’s financial instruments include cash, receivables, available-for-sale securities and due to related parties.
Management believes the fair values of these financial instruments approximate their carrying values due to their shortterm nature.
For the period from January 1, 2012, through September 17, 2012, the company reported net income of $88,439,000, or $0.53 per share, on consolidated revenues of $283,952,000.
http://www.otcmarkets.com/financialReportViewer?symbol=BGMO&id=92172