Bergamo Acquisition Corp. (BGMO)

[Beelzebub]

From the press release:

"Bergamo has entered into and has signed two Memorandum of Understandings for additional energy projects in Pakistan... Subject to proof of available financial ability of 420 million US dollars cost of the project, advance guaranteed payment by the Government of Pakistan for 60 million US Dollars upon proof of financing."

What does this mean? If Bergamo proves it has a commitment for $420 million, Pakistan will give it an advance payment of $60 million? Hell, if I had $420 million, I'm sure I could scare up another $60 million.