In reviewing the history of events in a balanced manner, we need to look at the Company and its directors first before we start looking outside especially if the objective is to cast blame.
In the 60 plus press releases, we know that BGMO had reported a number of funding schemes none of which closed. We also know that the funder or the Company never issued a statement why the funding arrangements never closed.
In the same universe of press releases, we know that BGMO had reported a number of investments none of which closed. We also know that with the exception of one target company, neither the target company or our Company issued a statement why the investment never closed.
Many of the same press releases which included managements representations of the financial position of the Company were reported to OTC Markets and other media sources.
Over the history of BGMO, it has lived vicariously through the alleged acquisitions that is has made even though they did not close. Do you remember Suntrough, GreenSafe and BB Solar being plastered all over the BGMO website? Please remember that only BGMO's management controlled the content of its website. They are no longer there as they are not the flavour of the day!
A lot of recent traffic has gone on about BB Solar.
Very curious indeed when you consider that it required the least of amount of capital of all BGMO target companies. Also, the capital was only of a purchase order nature rather than permanent equity.
Clearly, all that HH had to do was to call his good friends at Platinum Funding and arrange purchase order financing for BB Solar. HH has a long standing reputation with Platinum Funding so this should have been a natural. Strangely, this task which was well within our management's ability to arrange was not done.
What is also curious is that our website still shows Bergamo Solar (not BB Solar) yet there has been no recent press releases on this controlled subsidiary. In fact, other than a few random posts on this site, not a word has been spoken about this venture.
If the solar industry is so great and we have our own Florida based subsidiary, why isn't it generating revenues and press released.
The body of Company reported evidence would suggest that each funding source has a life span of about 8 months. The same time frame holds true for the name and operations of the target companies although their cycles are later in the process.
I have a fear that the SEC had noticed this parallel as well.
When you consider the times at which BGMO hired IR firms and their was a flurry of PR's and blog activity, it corresponds to the times of massive share dilution and stock market activity. What do you think that the SEC will believe the truth will be?
