Bergamo Acquisition Corp. (BGMO)

[RealWorld1]

The Power of BGMO

Well, well. So the witching hour is past and all we have from both BGMO and VSTA is dead silence. No PR or SEC filing that the deal has either closed or is delayed.

IMO the only winner is Mission IR which is announced that they have stock to sell and has, or does, support both companies. In some ways this looks like a cooked up IR scheme to create liquidity that doesn't seem to have worked.

But the real power of BGMO is its ability to concoct these stories of vast fortunes and skills yet nothing real ever happens and to live to do it again.

This story has many, many entertaining chapters that are yet to be written. And every time the secretive investors who are given free stock can sell they will.

Bottom line the day a $36 million strategic investment was scheduled to close and 100 shares of BGMO trade and zero VSTA shares trade (despite the massive dilution the deal implies). Mr. Market isn't fooled.

I genuinely look forward to the next scheme. They've been great over the last ten months.