Replies to post #10950 on Bergamo Acquisition Corp. (BGMO)

[gumzsa]

HUGE a/h news!!!!!!! Up to $140 million USD worth of contracts!!!


Bergamo President Hillard Herzog Traveling to Europe and Asia to Join the Bergamo Harbinson's Team as they Finalize Contracts for Six Additional Hybrid Thermal Power Plants

LAS VEGAS, Nov 02, 2010 (BUSINESS WIRE) -- Bergamo Acquisition Corp. (OTC:BGMO) announced today that Hillard Herzog, CEO of Bergamo Acquisition, Corp., will travel to New Delhi, London, Mumbai and Singapore over the next three to four weeks. Mr. Herzog will join with Bergamo Harbinson's CEO, Mr. Subhahsh Shisodia next week as they will conclude contracts for six hybrid thermal power plants ranging in power from 10 megawatts to 35 megawatts. Each power plant will be a separate deal under its own contract. The value of these contracts will be from about $40 million USD to $140 million USD. The contracts should include the ten percent up front payment and the balance secured by an irrevocable letter of credit as with the deal announced on October 25, 2010. Also participating in this effort will be Vivek Sinha of Bergamo Harbinson and Ali Adnan of Bergamo Investments Ltd. (UK).
Mr. Herzog commented on the upcoming projects, "I will be traveling for about three weeks with the goal to complete and initially fund all six of these agreements. I am certain that our shareholders will be pleased to hear that with each of these contracts we should receive ten percent of the funding upon execution of the contracts with the balance on irrevocable letters of credit."

The Company will be updating investors as contracts are concluded and funding is received. The Bergamo web site will be updated with significant information as well during Mr. Herzog's travels. Visit it at: http://www.bergamocorp.com.

'Safe Harbor Statement'

This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.

SOURCE: Bergamo Acquisition Corp.



CONTACT:
Bergamo Acquisition Corp. Hillard Herzog, President & CEO, 702-269-0820 [e-mail] www.BergamoCorp.com or IR Affiliates John Pentony, 469-252-3030 [e-mail] http://www.IRAffiliates.com or The Eversull Group, Inc. Jack Eversull, 972-571-1624 214-469-2361 (fax) [e-mail] http://www.theeversullgroup.com
Copyright Business Wire 2010
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KEYWORD: United States
Europe
Asia Pacific
North America
Nevada
INDUSTRY KEYWORD: Energy
Alternative Energy
Construction & Property
Commercial Building & Real Estate
SUBJECT CODE: Contract/Agreement