Bergamo Acquisition Corp. (BGMO)

[ecoman4444]

On the topic of selling unregistered shares...this not good for Vista because it appears they found a way to 'skirt' the law by issuing shares to a foreign entity that did not need to go through the registration process. The foreign entity then sold the shares to fund the purchase with the proceeds going to Vista. The timing was very suspect as well because it happened just prior to them filing their 10K, which would have cost Vista approximately $25,000 in accounting fees. If the SEC didn't know about this, they do now and it's more trouble for both companies.