Replies to post #38395 on Bergamo Acquisition Corp. (BGMO)

[old man river]

Except, it is locked up.

How can we talk of profits when we had no cash to pay our day to day costs and make the investment in VSTA?

Making a book profit is not cash, at least yet.

We need to remind ourselves of the ethical issue of representing that BGMO could do a deal with VSTA knowing that there was no cash to do it at the time that it was signed.

Even after the amended dates and rescheduling of the payments, there is no evidence of cash. Even VSTA has stated in their recent SEC filing that there is some risk that BGMO will not deliver.

[HighYieldInvestments]

GREAT REVENUE FOR BGMO

For the period from January 1, 2012, through September 17, 2012, the company reported net income of $88,439,000, or $0.53 per share, on consolidated revenues of $283,952,000.

Bergamo’s portion of proceeds from the investment program with National Wealth is free to be used for whatever the company choses, and the company has already made clear its intent to invest in high-quality acquisitions. Bergamo’s financial connections give them both a source of select investment opportunities as well as an ongoing steam of secure funding for their strategy of targeting superior acquisitions in both the U.S. and Europe.

ONGOING REVENUE PLATFORM FOR 5 YEARS!!!!


http://bergamocorp.com