Bergamo Acquisition Corp. (BGMO)

[old man river]

Thanks for your comments on my accident. Still twinges occasionally. I guess I will end up with joint problems down the road.

As for BGMO, the current price is either:

Grossly too high if you believe that the past is a good predictor of the future and that the company will become current in its financial reporting and employ better governance,

or,

Grossly too low if you believe that the company is finally being truthful after years of missteps, misrepresentations and the absence of PR's indicating why the story has changed.

For me, the absence of an audited statement for the entire fiscal year and an update on the current year suggests poor governance. The failure to have annual meetings with proxy materials sent out in advance suggests the same. The failure to disclose the perhaps the effective change in control with issuing over 60 million shares is a matter of concern.

However, if BGMO can clean up their act, then, I would be a buyer although I suspect at levels much higher than these.