Bergamo Acquisition Corp. (BGMO)

[RealWorld1]

These frauds are hard to stop.

The one positive is the stamina of the few who keep pointing out the obvious in situations like this. None of what BGMO says makes any sense and they have a well proven track record of inflammatory lies, evasions, half-truths, etc.

The sad part is they essentially fall out of the view of the regulators and legal system. Getting them shut down takes time and resources. No individual investor will spend the money out of his own pocket to sue as there are no assets to recover from BGMO.

Just the most recent tall-tale involving HSBC. HSBC has just gone through the regulatory wringer over money laundering. They have clamped down on compliance and fraud. DO you think they will readily get involved with a company that has zero history and all of a sudden has some mysterious cash back ed instruments worth $1.5 billion deposited with them? To do what, borrow against? The technical term for this is gibberish.