InvestorsHub Logo
Followers 5
Posts 826
Boards Moderated 0
Alias Born 12/10/2009

Re: Bull Snake post# 38338

Wednesday, 07/31/2013 6:48:49 PM

Wednesday, July 31, 2013 6:48:49 PM

Post# of 41931
I am glad that you concur that the accountant verified that all that BGMO and its directors presented as factual to OTC Markets, Business Wire and to their very own shareholders prior to January 2012 was unsubstantiated.

The previous BGMO financial statements and press releases are part of the public record and distributed solely by Herzog. Any positive or negative poster on this board did not control the content or distribution of the Bergamo claims to any funding or investments. We are all users of the same officially sourced information.

What the Bergamo hired accountant stated in the retained earnings what that he could not find any proof that BGMO ever closed one financing or one investment prior to January 2012.

This is a polite way of the accountant saying that BGMO (read Herzog)misspoke the financial position of the company for years.

The real killer here is that our own President admitted in his attestation of December 2012 that he effectively misspoke the financial position of the Company in all of the previous released to OTC Markets, Business Wire and the Shareholders.

You cannot accept one portion of the complied current financial statements (the revenue and assets) without accepting the same accountant's position that all of the previously reported transactions were misspoken (the opening retained earnings).

This is not a matter of BGMO shareholders taking a different view but rather an independent third party saying these things.