Bergamo Acquisition Corp. (BGMO)

[arbpro]

Is the Company's PR not evidence? Is it not entitled to any presumption of truthfulness?

If the Company had a history of accurately setting forth its operating status in previous communications to the public, then the public would have reacted favorably to good news. The public has not reacted at all because the company's PRs are not to be believed, leaving the company with the same market cap it had prior to this "good news."