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Wednesday, August 14, 2013 8:37:04 AM
The reason that these capital hungry firms stayed with BGMO is they believed what BGMO told them. As the accountant proved and our President affirmed that everything that was said by BGMO through filings to OTC Markets and through press releases was unsubstantiated.
By not walking away from BGMO even after it was proven that the high yield and SBLC programs never closed, they hoped that they could lever the BGMO deal with other investors so that they could find real money.
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