Bergamo Acquisition Corp. (BGMO)

[old man river]

According to the accountants,

Bergamo has never closed any financing deal or closed any share purchase arrangement with any target company prior to January 2012. Since there wasn't any proof, all of the previously reported revenues from high yield investment programs and the subsequent share of the profits vanished. The same hold true for the after tax profits and retained earnings.

Using the OTC Markets reported financial statements, it would appear that somewhere between 50 cents and a dollar per share in book value was wiped out.

Better yet, our Company's president even affirmed the accountants statements that nothing prior to January 2012 happened. It was all a dream or an innocent lie or perhaps even a criminal or civil fraud. Time will only tell from the SEC and others.

As for BB Solar, the story appears to be that they pulled the plug on Bergamo since Bergamo did not deliver the cash as promised. Look at the previous list of companies where BGMO agreed to fund but never delivered. It includes a clean coal project, GreenSafe, Suntrough, a broker dealer, an applications software developer and BB Solar to name a few. We should not say the BGMO was smart at saw though that all of these projects were scams. It is clear than BGMO did not raise any capital to fund these ventures as contractually agreed.