Saturday, April 09, 2011 2:35:05 PM
From what I heard from S & P, the company that the rating was provided was formed offshore and not the Georgia firm.
Using the same name but in different juridictions does not necessarily mean that it is the same organization. If I create a company called Bergamo Acquisition Corp in say Gibraltar, can the Gibraltar company use in its web site and press releases that it is "the" Bergamo of Indian solar energy fame? Legally no. Too many investors have been scammed when familiar names are used to convey financial strength when no relation to the real company exists.
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