Bergamo Acquisition Corp. BGMO OTC US
Bergamo Acquisition Corp., through its wholly owned subsidiary, Bergamo E&A., focuses on the development of energy infrastructure projects in Pakistan. The company involves in the construction of mission-critical infrastructure, including clean energy electric plants, solar renewable energy projects, and LED high efficiency lighting projects. It also provides construction management and facility maintenance services. The company engages in wholesale business that focuses on women’s, men’s, and children’s urban fashion apparel and accessories.
Bergamo Acquisition Corp. (OTC: BGMO) is a Delaware corporation incorporated in 1997. Clothing Source of California Inc. a fully operating company through a reverse merger on June 21st 2002 acquired Bergamo Acquisition Corp making Bergamo Acquisition Corp a fully operating company. The company has engaged investments in financial instruments and companies worldwide. In May of 2012, BGMO purchased 100% interest in a European entity for its investing strategies using the Euro currency. Financials reports have been posted at the following link http://www.otcmarkets.com/stock/BGMO/filings .
Bergamo Acquisition is targeting a diversified portfolio of large corporate and middle-market companies for sole acquisition and co-investment alongside other sophisticated investors such as private equity funds, hedge funds, investment banks, and other institutions. As a source of funding, BGMO will also work alongside company management in effecting management buy-outs, friendly mergers, and value-accretive capital projects. From time to time, the company may provide debt financing as a proprietary investor in the form of bi-laterally negotiated private placements. Bergamo Acquisition has raised investable funds in order to pursue the investment activities listed above. BGMO has sole fiduciary discretion over these funds and will direct their disposition in such a way that it will increase shareholder value for BGMO and its portfolio companies in line with its acquisition strategy.
Bergamo Acquisition is based in Henderson, Nevada, and has affiliated offices in Europe and Asia. BGMO relies on its deep network within the global institutional investment and banking industries to source opportunities. BGMO has taken a 60% interest in Bergamo Energy Inc. of Miami, FL, a provider of solar energy technologies to sovereign and corporate customers in the Asian markets. In order to enhance disclosure and investor interest, BGMO has engaged the accounting firm of L.L. Bradford, based in Las Vegas, Nevada, to audit its financial records
CORRECTION: BGMO.pk BERGAMO ACQUISITION CORP AGREES TO SELL 70% OF SOLAR POWER PROJECT IN SINDH PAKISTAN
Jan 08, 2009
OTC Disclosure & News Service
Henderson, NV -
BGMO.pk Bergamo Acquisition Corp Agrees to Sell 70% of Solar Power Project in Sindh Pakistan
Henderson, NV - Jan 7th - Bergamo Acquisition Corp (BGMO.PK) has organized a public unlisted corp. BERGAMO E&A CORP. BAC, as project manager of a proposed 500 MGW solar energy project in Pakistan, entered into a joint venture proposal to sell, at an agreed price, 70% interest in Bergamo E&A Corp to AES CORP who will have management and construction control.
BAC is supported by a 20 year power purchase agreement with the Government of Pakistan valued at $ 2,245,000,000 billion US dollars. BAC has formed, in Pakistan, a new corporation known as Shahbaz International Investment and Securities Corp (SII&SC), which will receive transfer of profits from the proposed joint venture agreement with AES Corp. Anticipated profits are projected at 2,430,000 per year based on 200 MGW facilities.
SII&SC has also entered into MOU with Arif Habib Bank to pursue joint ventures within Pakistan.
From Jan to April, 2009 SII&SC will have completed plans for projects as below:
-- LED lighting facility
-- Solar Panel manufacturing facility
-- Water Desalinization
-- Dairy Products
-- License with Japanese company to supply products for distribution in Pakistan
-- Commercial Finance and Factoring Company in Conjunction with Bank.
Arif Habib Bank investment division plans to organize an IPO in Pakistan incorporating all of the above developments. BAC, SII&SC and Arif Habib Bank's objectives thru the IPO are to encourage investiment of US dollars in Pakistan through renewable energy and as described above in a number of other projects.
Please refer to prior announcement dated Jan 5th, 2009 and other announcements regarding Government supports agreements at www.pinksheets.com trading symbol bgmo.
Statements included in this release related to Bergamo Acquisition Corp., Inc., may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as the ability to locate additional debt or equity financing on reasonable terms, competitive factors, market demand for the Company's products, and the Company's ability to obtain new orders and fulfill them on profitable terms. Further information on potential risk factors that could affect the Company's financial results can be found in the Company's reports filed with the Pink Sheets News Service.
For more information please contact hillardbergamo@aol.com
Hillard Herzog, President, Bergamo Acquisition Corp, Tel 702 269 0820
Source: Bergamo Acquisition Corp.
Posted On: 04/13/2013 9:24:35 PM
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