How do you place this story in context of Bergamo's admission on February 23rd where Mr. Herzog says that it will take a little while longer to detail where the money is and in which account it has been deposited?
This week's press release does not add further proof of funds but it leaves the door open that the funds will be here very soon. Another two weeks?
The logical extension of that is that monies had not yet been received as of the date of the previously issued financial statements; the 23rd of February and likely as of the press release earlier this week. Had monies would have been received by say the February 23rd date, the issue of the Illinois and New York lawsuits would have never have made it into court let alone into the blogs. Likewise, had the monies been there or bankable securities, there would have been no need to increase the issued shares to cover off the recent report by Cohen and likely the new investors relations service.
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