I bought into BGMO in 2009 based on the great news that Herzog told the world about the GreenSafe recycling plant. Many did too.
Others bought in on the Herzog announcement on the investment in Suntrough. Others bought in on the Herzog announcement on the investment in BB Solar.
Others bought in on the strength of the billion dollar funding in the summer of 2009; the high yield investment program in early 2010, the money from Harbinson's and the big converted rupee check.
All of these announcements by the Company prior to 2012 are part of the public record. The accountant could not find any evidence of these events happening. Our own CEO said that what the accountant said was true in every detail. In essence, our own President admitted that he was not truthful.
What happened before 2012 is important as even our own boss admitted his lack of truthfulness.
As for the old guy, I am getting up their in years so we need to be a little more respectful to retired folk.
I think you could be referring to Hal Wolfe. If so, the public file shows that he was hired by GreenSafe to find money. Based on the passage of time, it would appear likely that after a number of proposals, Wolfe found that Bergamo could deliver the capital needed. After some time, a deal was signed and announced. I think that was in November 2009. From a little internet search, Wolfe moved from CT several years back.
I am glad I kept printouts of the old GreenSafe and BGMO stories.
In the story of GreenSafe, Suntrough, BB Solar, the coal plant, the applications developer and so forth, the problem is not the companies that BGMO wants to invest in but our own firm's inability to deliver funds as they contracted to do so.
Unfortunately, Vistagen, will fall to the same fate. They already missed a few funding dates which is a recurring pattern with all of the previous ventures.
