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Wednesday, July 17, 2013 10:33:36 AM
In every announced acquisition that our management has made, the target company is more established that BGMO.
The target companies have real businesses with physical offices, a board that is separate from management, some proven record or good governance, extensive pre-development incurred to date and so forth.
So, it makes sense to acquire a reporting company so that BGMO can gain the prestige of being better than what our historical track record has shown.
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