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Investman432

07/21/13 11:43 AM

#37845 RE: old man river #37840

BGMO is a securities scam tirelessly promoted with false and misleading information. We see that daily. No amount of questioning, logic, reasoning, pointing out gaping flaws in the story, pointing out unbroken history of failure, pointing out implausibility of claims, etc. will persuade the grifters to stop their profitable charade. They've picked their story and are sticking to it.

The frauds to date were purposely kept under the radar so company could slither about collecting small cash while avoiding the level of investigation that would put it out of business. I understand company has been investigated previously, but authorities did not pursue them further after Herzog provided copies of "signed documents".

In the last year the company took the fraud to higher level, exposing itself to a knock out punch. First, it filed glaringly false and misleading financial reports with OTC Markets and then actively misrepresented the involvement of LL Bradford and Seeberger to claim their work somehow validated the false filings. Secondly, it knowingly commercial fraud by entering into SPA with VSTA that it could not possibly complete.

The current claim that there aren't fraud investigations can be cured if more damaged shareholders and business partners file complaints with the SEC. Here is the website https://denebleo.sec.gov/TCRExternal/index.xhtml

It's annoying enough that frauds like BGMO are allowed to exist in capital markets, harming individuals. The grifters rely on the fact that most people take their losses and not complain because the loses are not large.