Bergamo Acquisition Corp. (BGMO)

[old man river]

Very simple answer...

Bergamo always represented that it could raise capital for capital needy businesses. Herzog always presented reams of signed documents showing offshore capital being funnelled through offshore BGMO controlled conduits primarily into the US.

The problem was that BGMO could never close a financing deal.

As a result, BGMO could never close an investment deal.

It would appear as though Rahi required purchase order financing something which BGMO had a lot of experience from the rag days. Even on this, BGMO could not even deliver,