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Sunday, September 01, 2013 4:57:08 PM
What about the previous references to Wolfe and Simon?
I was told what role Wolfe had in finding money for GreenSafe. He actually landed the best funding deal in the market which was coincidentally from BGMO of all things.
Too bad, BGMO did not deliver.
Now, who is this Simon guy? What is his role?
It talking to Swire, he does not recall meeting a person by that name while he was the President of GreenSafe. Marcel through my friend Roger said that the only out of province people at the event were the some of the head office staff of GreenSafe, some suppliers to GreenSafe, Wolfe and Herzog.
None of the people that were listed ever owned any shares of Bergamo. None of them were ever part of the BGMO management. In fact, I learned that HH did not want any of the GreenSafe staff to have an ownership position in BGMO. I wonder why?
The December 2009 agreement between BGMO and GreenSafe did call for BGMO to pay for all of the costs of the ground breaking event. Other than HH paying for the evening meal on the day of the ground breaking event, no other monies were ever remitted to GreenSafe.
Realistically, the SEC should not have any issue with them as the share purchase agreement never closed. They never gained financially from BGMO. In fact, the opposite could be argued. Swire did say and others confirmed that the BGMO takeover in early 2011 resulted in severances. BGMO controlled GreenSafe failed to payout the final salaries and vacation pay.
I would think that if the former staff of GreenSafe made claims to the SEC and others, it may be helpful to know what information it was and to whom it was delivered.
The only thing that I do recall was a link from BGMO to the GreenSafe website. GreenSafe kept their own detailed websites in both English and French. I copied their new items to print before BGMO removed the link to the GreenSafe website.
Does anyone know when BGMO removed the link?
All of this is moot as GreenSafe has been wound up.
The only critical thing is that some of the GreenSafe team has moved on and are setting up recycling plants as they said they would.
This time, without any BGMO money!
As if there was any money?
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