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I'm confused. Has Investman been unmasked?
This is like the sign at Joe's Crab Shack that always reads "Free Crab Tomorrow."
Where have I heard that before?
Is this the end of Rico?
For what it's worth, this press release is consistent with what I have heard from other sources in India and the U.K.
"FCZ" appears to be like "Inc." in the United Arab Emirates. Vitrually every UAE company has this in their name. Those shares I bought at $.08 are looking pretty good now.
Theincrease in outstanding shares would indicate that shares have been issued to pay bills. The creditors who received those shares aren't interested in long term investing, they just want to get paid, so there are probably a lot of shares available in the $.10-$.12 range. One this overhang is sold off (and the volume indicates that is happening now), the action will be with investors and speculators.
The shares I bought on Friday at $ .08 are looking pretty good today.
Hey, at these prices even ol' basher Beelzebub is a buyer.
Well, I wouldn't hold this for the long term, but if you can get it at $.10 or below, you've got a good trading vehicle, just waiting for the next press release.
Well, I'm the ultimate naysayer on this company, but you guys need to calm down. This is a typical pattern, the price drifts lower over a week or two, amother p.r. comes out, everybody is happy, the price shoots back up, after a while it starts to decline again, rinse and repeat.
I don't get it. You're accusing Aston of spreading lies to reduce the value of his holdings? Of course, everything he and I have said have turned out to be correct...
Hey, I'm a believer. too!
Nice echo effect. No pumping, not even worth dumping...
I think they're doing you a favor.
Same ol' song. Isn't that what he said in October, and then again in November?
These guys are the masters of the cryptic, no-news press release.
What a happy bunch you are. When the price goes up, you're happy, you're all going to be rich. When the price collapses, you're happy, it's an opportunity to buy more.
What could happen that would make you guys unhappy?
A better question is what happened to all those "financings" listed by Aston?
What's this? Someone on this Board actually doing some due diligence? You could get thrown out for that!
Why Thursday? The p.r. just says the $25 million "will be deposited."
Perhaps credibility is the issue?
Really? If the past press releases were false, what makes you think the current ones are real? Or is it magic?
A few golden oldies (whatever became of these "acquisitions"?):
May 7, 2007 New York. 7rd May 2007 -- Bergamo Acquisition Corp (BGMO.pk) has entered into a binding letter of intent and has contracted to acquire a 70% interest of all of the outstanding shares of Attila Company Inc a New York Corporation. With expected revenues in in excess of $4.0 million dollars over the coming year and pre-tax profits of $ 400,000 Hillard Herzog President of Bergmo said Attila is a tremendous acquisition for Bergamo shareholders. They have a series of premier brands strong management and expected strong sales and profits. They are a perfect fit for our vision of Bergamo as a manager of brands. This acquisition in addition to the acquisition of WFT CONCEPTS LLC and EXCLUSIF transforms Bergamo in significant ways Bergamo with this latest acquisition has now added to a deep portfolio of brands significant revenues and profits.
May 3, 2007 New York. 3rd May 2007 -- Bergamo Acquisition Corp (BGMO.pk) has entered into a binding letter of intent and has contracted to acquire a 70% interest of all of the outstanding shares of Exclusif Company Inc a New York Corporation. With expected revenues of $4.0 million dollars over the coming year and pre-tax profit of $ 400,000 Hillard Herzog President of Bergamo said Exclusif is a tremendous acquisition for Bergamo shareholders. They have series of premier brands strong management and expected strong sales and profits. They are a perfect fit for our vision of Bergamo as a manager of brands.
May 2, 2007 BERGAMO ACQUISITION CORP has acquired WFT Concepts, LLCWFT is expected to generate in excess of $60 million in revenues over the coming year and over $5 million in pre-tax profits.
You guys ever go back to old press relesase by Bergamo to see how many were true? This is probably the tenth "acquisition" announced by Bergamo over the past five years, but none has actually materialized. I think Bergamo has ADD.
This is almost as good as the "no material change" press release last week!
"Bergamo Acquisition Corp. Announces No Material Change" This sends the stock up 28%? Grasping at straws, anyone?
Really. Won't get below zero? Who could've guessed?
When it gets below zero, I'll buy in a big way.
Hey, at these prices even I might buy! Not really.
Let's see, there was a "groundbreaking" for a project that isn't scheduled to start until spring, and a big cardboard check. Can't understand why there wasn't more press coverage of this momentous event.
By the way, what happened to the ONE BILLION dollars in accounts receivable shown on the "financial statements" of Bergamo as of September 30 on pink sheets, llc? If they haven't been collected yet, I suggest they be reclassified as "doubtful accounts".
Before you guys get too excited by that $50 million check to Greensafe shown on the website, note the account number---9999999999999. Think that's a real account at Citibank?
What, me worry?
Better have an ice pick...
You guys getting worried yet?
Well, I won't argue with your arithmetic, but the fact is that there is no evidence whatsoever that Bergamo has $250, $250 million, or $250 billion unless you count its own press releases.
Lets, see, apparel, solar, coal, now "demanufacturing." Can't Bergamo stay in one business for more than a few months? Oh, that's right, they're not actually in any of these businesses, they're in the business of issuing empty press releases. They've been in that business for years.
You guys getting worried yet?
Escrow Agreement with who, exacly?. Wouldn't a legit press release ordinarily tiiiiiiiyhe other parties?
Bergamo is listed? News to me. Listed by who, exactly?