Trade Alert: Bergamo Acquistion Corp (OTC: BGMO) - Berg

11/9/2009 8:29 AM

Penny Stocks by: Stock Guru News

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    You are subscribed as Trade Alert: Bergamo Acquistion Corp (OTC: BGMO) Bergamo Acquisition Corporation Domestic Funding Set to Close  Las Vegas, NV – November 9, 2009 - Bergamo Acquisition Corp (OTC Pink Sheets: BGMO) announced today that the company will be closing on the domestic financing within days.  The financing is for several domestic investments and one Canadian investment.  Confirmation of funding in the amount of $250 Million USD will be finalized prior to Bergamo President Hillard Herzog`s departure to Pakistan on November 16, 2009.  Another traunch of $250 Million USD is available and will be utilized at a future time.
As previously stated, funding will be coming through ING Bank.  Attorney, Donald Davis of Marina Del Rey, California is the legal advisor on this transaction and is preparing the final details.  Newby & Associates, Inc. of Long Beach, New York is the finance firm that helped arrange this transaction.  Newby & Associates, Inc. is a private finance firm specializing in financial structuring for start-ups, small and mid-sized companies.  On November 5, 2009, GreenSafe Demanufacturing, Inc. released a press release in Canada about Bergamo`s planned investment in the company. Bergamo will be making an initial investment of $50 Million USD and will be put aside funds for an additional investment of $70 Million USD.  There are several acquisitions and investments already planned domestically, and details of those will be forthcoming. Hillard Herzog, President of Bergamo Acquisition Corp, stated, "I am very happy we have finally come to the finish line in this long process. This will be great for investors as the funding is non-dilutive to the share structure." Bergamo Acquisition Corp is close to completing and finalizing the Pakistani Energy Projects funding.  An update to investors on those efforts will be announced soon. As mentioned above, Mr. Herzog will be leaving for Pakistan on November 16, 2009 to conclude this transaction. Certain statements contained in this document may constitute "forward-looking statements." When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable, that: (i) Bergamo E&A will successfully develop power projects in Pakistan. Such statements or information reflect Bergamo E&A`s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors could cause Bergamo E&A`s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo E&A files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.

 

 

 

 

 

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