Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And they have NOT done that. You seem to think that private discussions/exchanges between Herzog and his accountant are public disclosures. A public disclosure is the ACTUAL release of banking records to the PUBLIC. Herzog has not done that, and will not do that.
Why do you think there has been a ZERO reaction by the market? Because the market, like me, doesn't believe anything Herzog does or says. If it's true, release the banking records. If it's true, conduct an AUDIT. If it's true, stop with the game playing.
It's not true. The market knows it and every sensibly thinking person knows that a company just doesn't hand a penniless, lying, scamming company like Bergamo 1.5 billion dollars (is it 1.5 or 1 billion, because just like the lies from Bergamo the amount changes). That's particularly true when the company supposedly with 1.5 billion dollars has no address, no phone number, and no website.
Herzog never changes. One scam after another.
I gave you a link. It proves, without doubt, that Herzog is a LIAR.
Why would you trust your money to a LIAR?
Question that will NEVER be answered:
Why won't a company claiming net profits of almost 100 million dollars a month conduct an AUDIT?
It's a scam, that's why!
Yeah, after the Bradford "review" the volume has averaged about 70,000 shares per day. Definitely rates as "big news."
I wonder why nobody wants to buy shares of a company making almost a 100 million dollars a month?
Why does it always have to be sometime in the future?
Bergamo says it has hundreds of millions of dollars in cash. It says it has recurring net profits amounting to almost a billion dollars a year.
Surely with all this Bergamo can afford to order an AUDIT. An audit proving those numbers would send the stock price over 3 bucks. Funny how Bergamo has the time for a compilation, to haul an accountant to the other side of the world, to have an accountant prepare a letter, but has no time to have an AUDIT.
But they won't do and AUDIT! Why? Because it's all make believe, that's why. There is no money. There is no business. There are no revenues.
3 Pages of posts today.
Results? 2,275 shares traded and those traded only to paint the tape near the end of the trading session.
$35,000 doesn't buy much these days.
Rather than proclaim me wrong, tell me why I am wrong. I can tell you why I am right, and give cogent arguments in support.
Herzog at a minimum claims earning of over 50 cents a share.
With a PE ratio of 6, earnings of at least 50 cents a share produces a stock price of at least 3 dollars a share.
Bergamo trades at a 5 cents, 1/60 of the presumed value as claimed by the company.
Accordingly, the MARKET does not believe the claims of the company, and refuses to give a value consistent with those claims. The market is saying there is less than a 2% chance that the company is being truthful regarding its operations.
See I can give reasons for my opinion that the Market does not believe anything this company says. Now it's your turn to defend your position that everybody believes old man Herzog except for me.
The question that NEVER gets answered:
Why don't they just do an AUDIT?
The fraud would end, that's why.
Like I said, "the question nobody will answer."
The question that will NEVER be answered:
Why would a company, which claims hundreds of millions of dollars in cash and an eagerness to increase share price, not do the very thing that would send the stock price to $3?
Where is the AUDIT?
Herzog will send a CPA to Europe, will have him review documents, will ask that he prepare letters, but will never ask him to do the only thing that will move share price - an audit. Why play games?
All sensibly thinking people know the answer - THERE IS NO MONEY!
Sure would be nice to hear what National Wealth has to say about this so-called "investment agreement." But that company has no prior business activities, no known address, and doesn't even have a website. So I guess we'll just have to take good ol' Hilly's word for that 1.5 billion. That's what it comes down to, doesn't it?
There are dozens upon dozens of materially false PRs issued by Bergamo over a long term course. They riddle imaginary tales of 75 million dollar deposits, of billion dollar contracts, of 600 million dollar bank transfers, and of cash balances of nearly a billion dollars.
All of these coming in the midst of times when it is demonstrably provable that Bergamo didn't have enough money to pay its corporate registration fees or to even pay its lawyers defending it against lawsuits filed by creditors.
NONE of those PRs were authored by anyone other than Herzog. Not a one was authored by someone named Thompson. Naturally you would prefer to discuss anyone and anything other than Herzog's 10 year record of FRAUD and FAILURE.
Yeah, sure they do. No sensibly thinking person is going to believe that a company that can transfer 1.5 billion in cash will not have any discernible history of business or even a website. Just like that fake Brazilian Bank that Herzog lied about, National Wealth is another creation of Bergamo imagination invented to defraud the public out of its money.
Why else do you think there was ZERO volume today?
The question which will never get an answer:
If Herzog really wanted to increase share price why spend $35,000 on a promotion that won't raise the price a penny; when a $10,000 audit, which proves up the 88 million net profit for a month, would raise the stock 3 bucks?
Surely the money is really there, isn't it? I mean Herzog's word is good, isn't it?
Where's the AUDIT?
That's very interesting.
No mention in the message, however, as to why Bergamo's management could believe that the share price is undervalued at .029, when the current share price is 29 times higher than the price that management sold 60,000,000 shares in a private transaction.
Maybe management believes that the share price is destined to go to .001 and they were just getting a little out ahead of that eventuality. Or maybe you have another explanation for why Bergamo priced its share at near zero?
The question that will never get answered:
Why would a company spend $35,000 on a stock promotion that might move the share price a penny, when if the company really is making 88 million in one month a $10,000 AUDIT would move the share price 3 dollars? That makes ZERO sense.
Where is the AUDIT?
When Herzog uses "HSBC" in a PR it means:
Herzog's Shareholders Been Conned
The question that the company has no answer:
Why spend $35,000 on a unsuccessful stock promotion when for less money the company could have paid for an audit that would have sent the stock price roaring, provided the company is telling the truth about 88 million net in one month?
Why will the company not audit its operations? The company definitely does have something to hide.
Nothing to hide?
Where's the AUDIT?
A $10,000 audit shouldn't be any problem for a company netting 88 million in one month.
Fact is no claim, including the most recent ones, have ever been verified. Herzog saying something exists is conclusive evidence that it doesn't.
Bergamo claims to have made 88 million net in one month. So what do they do? They pay a penny stock promoter 35,000 dollars to pump the stock. Has it worked? Of course, not.
IF Bergamo had actually made 88 million they would have paid 10,000 dollars for an audit. An audit showing 88 million profit for a single month would have moved the stock to 3 dollars.
So why did Bergamo pay 35,000 dollars to unsuccessfully create share price appreciation, when it could have paid 10,000 dollars to x100 the share price?
The answer is obvious - there are no profits, no revenues, and no business. That's why there is no audit.
You can not get information verifying anything this scam company has ever claimed. There is NONE.
Why would a company spend $35,000 to pay a penny stock promoter to increase the share price by a penny or two, when the company could spend less than 1/2 that amount on an audit that would send the share price to over 2 dollars a share?
The only explanation is that there is no money and no revenue to audit. Any sensibly thinking person knows that.