Tuesday, August 20, 2013 7:36:54 AM
BGMO press releases and web content have shown a history of using information from an as yet closed investment deal.
The current emphasis by the firm and its supporters using VSTA misrepresents the reality. VSTA in the best light will become a subsidiary but is currently not one. VSTA has even reported to the SEC that they have concerns over the ability of BGMO to close the deal or, if they do, when they will do so. VSTA has a great deal of debt and a high cash burn rate.
Previous attempts to promote BGMO through using web content and press releases noting the depth of management at Suntrough and GreenSafe is clearly mirrored with the current VSTA promotion.
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