Replies to post #39211 on Bergamo Acquisition Corp. (BGMO)

[Investman432]

Regardless of outcome, issuance of 9 mm warrants at $0.0001 strike price in 2010 to relatives and 62 million shares at $0.001 in 2012 caused taxable income to the receivers, based on the "in the money" value.

What's the bounty for tax cheater tips?

http://www.irs.gov/uac/Whistleblower-Office-At-a-Glance

[silverlining]

Great point about paying taxes...

All the money HH has claimed Bergamo has made over the years would have caused a large tax bill to the IRS. If I were the SEC I would definitely be in touch with the IRS to find out. Sounds simple. If the proper taxes were paid then the money HH claims to have should be there. If the taxes don't add up...well then....say hello to Bernie Madoff for us Mr. Herzog.

I would prefer the money to be there, but it ain't looking good with the SEC involved.

Cheers!