Bergamo Acquisition Corp. (BGMO)

[YODA KNOWS]

Understanding Cash Backed Security at HSBC
(Backed By the Deposited Funds at HSBC by National Wealth)

National Wealth is a Client of HSBC

National Wealth has Bank A/C at HSBC with Cash Funds on Deposit

HSBC on the instructions provided by client issued Cash Backed Security Bank to Bank to BGMO European Subsidiary

What is Cashed Backed Security or Cash Backed Wire Transfer ???

Answer: National Wealth has Cash Deposit at HSBC Bank A/C @ 1.5 Billion. That's why security issued to BGMO Europe Subsidiary is Backed by the CASH DEPOSIT of National Wealth in HSBC.

SECURITY ISSUED TO BGMO EUROPE IS CALLED CASH BACKED in another words Yoda refers to CASH IS KING or KING OF CASH!

"WOW, I didn't realize that",
the BGMO saga continues, lots and lots more $$$$$ to realize... the GOOD FORCE stays Long and Strong with Bergamo Longterm Shareholders

always humbly seeking truth in genuine gold and cash.
GLTA