Correct, the PR contains nothing factually false. However, the PR should not have been issued unless there was a reasonable probability of the funding occurring. Absent due diligence showing that Bergamo did have access to $36MM, the prudent thing to do would be to sit on the press release until funding happened. With hindsight, the funding hasn't happened. I think it a reasonable conclusion that manipulation of the stock price of Bergamo was an aim, although it appears to have failed. I am not accusing anyone of fraud, just trying to comprehend why a fully reporting publicly traded company would issue such a press release whilst their purported acquirer is a fully dark, otc, pink sheet .03 cents company. Either VSTA is fully naive and failed to do proper due diligence or there is something less than above board going on.
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