Archive for the ‘Bergamo Acquisition Corp. BGMO’ Category

Bergamo Acquisition Corp. (BGMO) Solar Pumping System Does Heavy Lifting

Friday, March 15th, 2013

It wasn’t that many years ago when solar power was hard to consider as a serious mainstream energy source, with what were then low-efficiency solar collectors and crude support technologies. Today, even though continuing technological breakthroughs and large scale installations have turned that impression around, there is still a sense that small remotely based solar PV systems are only good for powering low-consumption electronics, and that such systems are not yet ready to do any “heavy lifting.”

Bergamo Energy, a Florida-based subsidiary of international holding company Bergamo Acquisition Corp., is a good example of how remotely stationed solar capabilities have grown over the years, and how even small installations can now perform heavy duty chores. The company is advancing a rugged solar powered water pumping system that can be used to power the pumping and processing of large volumes of water for communities in remote off-the-grid areas of both developing and industrialized nations. Using powerful PV arrays, together with a proprietary electrical inverter and high-efficiency pumping technology, Bergamo can provide critical water supplies from lakes, rivers, or wells.

Below are some specifications that give an idea of what the different size Bergamo systems can do when pulling water from typical underground wells.

• 200 foot deep well:
8,000 liters per hour, up to 180,000 liters per hour
• 300 foot deep well:
4,500 liters per hour, up to 180,000 liters per hour
• 600 foot deep well:
1,600 liters per hour, up to 160,000 liters per hour

For additional information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Management Team Pursues Global Acquisition Strategy

Thursday, March 7th, 2013

International holding company Bergamo Acquisition and its subsidiaries are actively creating a diversified portfolio of varying-size companies using strategic one-off investments, together with acquisitions and co-investments. The company is working with significant institutional investors, such as private equity funds, hedge funds, investment banks, and related institutions, and is targeting, among others, alternative energy, biotechnology, and healthcare markets.

Utilizing a unique set of well-established high-level financial connections, Bergamo has developed a distinctive process of co-investments that provides it a significant flow of funds for the separate and independent financing of acquisitions. In May 2012, the company purchased 100% of the stock in a European entity via its wholly owned subsidiary in Singapore to implement its investment strategies using both European currency and U.S. dollars. The company leverages its broad network within the global institutional investment and banking industries to identify potential opportunities.

Key to the development and implementation of this strategy is Bergamo’s globally-experienced management team.

• Hillard Herzog, President of Bergamo Acquisition and its global subsidiaries, has founded and served as president of several companies in the apparel manufacturing and retail industry, including Clothing Source of California and Jayre of California, Inc. Mr. Herzog has further held executive positions with several other publicly traded apparel and accessories manufacturers and retailers, including Van Raalte Company, Inc. (NYSE), Cluett Peabody (NYSE), and N.C.C. Industries (AMEX). Mr. Herzog has a Juris Doctorate from Brooklyn Law School.

• Sohail Parekh, Sr. Executive VP and Director, is a third generation clothing executive, and a co-founder of Clothing Source of California, where he served as Executive Vice President and Chief Financial Officer from inception through to their acquisition in 2002 by Bergamo Acquisition. Sohail brings to Bergamo Acquisition a highly connected relationship with the developing countries.

• Ayaz Lakhani, CEO of Bergamo Global Energy Private Ltd., is Chairman and CEO of Haanz Group. Mr. Ayaz Lakhani has built a successful career in the field of diverse businesses worldwide, including alternative energy, mining, hospitality, health and wellness, food and beverage, and manufacturing.

For additional information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Means Clean Water and Clean Air

Wednesday, February 27th, 2013

Using a unique funding system, Bergamo Acquisition is in the process of evaluating global investment opportunities. One strategic investment strategy involves a unique solar powered water pumping system that can be used to power the pumping and processing of water for communities in remote areas of developing nations. Not only can the system provide critical water to millions of people, it also eliminates the pollution produced by the small and inefficient combustion engines often used for pumping in third world countries.

The solar pumping system is comprised of a solar array, a power inverter, and an efficient AC pump.

• Solar Array – The array includes a number of PV modules to capture and convert sunlight to a dependable flow of DC electrical energy.
• Inverter – The proprietary electrical inverter not only converts the DC voltage from the PV modules to AC for driving the pump, it also controls and regulates the pumping operation system, monitoring the available sun energy and adjusting the output frequency to achieve maximum power.
• AC Pump – The 3-phase AC power induction water pump is submersible, and is available in a variety of sizes and types to effectively pump water from wells, rivers, or lakes.
• Processing – Bergamo can also deliver custom water treatment units in different sizes for use in the desalinization or purification of water for drinking.

The system has many additional applications, including:

• Desert Control (sea water desalinization, agricultural irrigation)
• Daily Water Supply (forest irrigation, city waterscape)
• Landscape Fountains
• Pasture Animal Husbandry
• Island Water Supply
• Wastewater Treatment

For more information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Business Model

Wednesday, February 20th, 2013

Bergamo Acquisition is a global and diversified holding company seeking strategic investments in a variety of industries, including alternative energy, biotechnology and healthcare, commercial and investment banking, and hedge funds.

Bergamo plans to effect equity investments, management buy-outs, friendly mergers, and value-accretive capital projects. At times the company may provide debt financing as a primary investor in the form of bi-laterally negotiated private placements. Using a unique but solid funding process, Bergamo has raised substantial funds to pursue its investment targets. The company has fiduciary discretion over these funds and will direct their disposition in line with its overall strategy.

Through a financial understanding and partnership in an investment program with National Wealth International Ltd., Bergamo has access to ultra-high-return investment opportunities available only to those with extraordinary funds. Bergamo’s portion of the proceeds and profits from the investments will be used to develop and expand the company’s activities within its target markets. The company’s interest in outside business opportunities will be only through investment and acquisition, participating solely as an active investor.

Through its Miami-based subsidiary, Bergamo is pursuing alternative energy projects in developing and underdeveloped countries, with cutting-edge products to be manufactured in the United Sates. The company has developed solar generators for home, industry, and government applications, as well as solar-operated tube well water pumping systems, to meet the vast needs of emerging markets. The company also sources and provides equipment, develops new technologies, and leverages its experience to offer turnkey solutions to developers, utilities, water districts, power plant owners, and industrial customers looking to diversify and complement their existing generation portfolio with compact solar thermal generation.

For additional information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Maximizes Due Diligence in Acquisition Funding

Tuesday, February 12th, 2013

Bergamo Acquisition has developed a unique funding process, allowing the company to pursue its strategy of building a diverse acquisition portfolio of growth companies. The necessary due diligence required to ensure and secure the large volumes of money involved in the process is, of course, of utmost importance.

The most critical aspect in all this is the formal transfer and confirmation of investment funds. Fortunately, the company and its subsidiaries has at its service the world’s third largest publicly held bank, HSBC, to ensure that all of the proper steps are followed, and that the money is successfully transferred.

• A detailed compiled financial statement on Bergamo is prepared by a certified public accounting firm.

• A formal Bond Power / Deed of Assignment and Power of Attorney is assigned to provide the necessary parties with the authority to act on the behalf of the major investors in the transfer of the specified funds, including associated certifications.

• An attorney permitted to practice before the Securities and Exchange Commission examines all associated Bergamo corporate records and other documents related to their disclosures, and presents a formal statement verifying the authenticity and accuracy of the information.

• A formal investment agreement is signed between Bergamo European subsidiary and the authorized investor representatives, and detailed in formal press releases.

• Finally, the funding is verified through the formal HSBC bank statements, with all associated transaction documents available through the company website, filings, and in conjunction with associated press releases.

Documentation has been made available by Bergamo, verifying the funding of its European subsidiary consistent with its non-disclosure and non-circumvent agreements.

For more information, visit the Bergamo website at www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Provides Documentation and Letter from Corporate CPA Firm to Increase Shareholder Transparency

Wednesday, January 30th, 2013

Bergamo Acquisition, a global investment holding company, has engaged L.L.
Bradford, a full-service public accounting firm, to verify and authenticate
documents supporting the two most recent US $500 million tranches deposited into
accounts held by Bergamo Acquisition’s European subsidiary as part of an
investment agreement entered into with National Wealth International.

After reviewing the original bank letterhead signed by two bank
officers, the location and name of the bank, the account number, and the dollar
amounts, L.L. Bradford provided written confirmation of Bergamo Acquisition’s
ongoing and existing financial agreements. For more information on the recently
announced investment agreement, review the press release issued by Bergamo
Acquisition on January 10, 2013.

The CPA firm’s letter has been posted
on the OTC Markets website (www.otcmarkets.com/stock/BGMO/filings) as well as
the website of Bergamo Acquisition (www.BergamoCorp.com). Bergamo Acquisition
has also publicly posted a redacted version of the documentation provided to
L.L. Bradford in conformity to nondisclosure and non-circumvent agreements with
its partners.

Hillard Herzog, President and CEO of Bergamo, stated, “By
contractual agreements, the funds deposited into our European subsidiary’s bank
account are exclusively authorized for the investment program in place with
National Wealth International. We requested examination by our corporate
certified public accounting firm to erase any doubt that Bergamo Acquisition is
able to move directly ahead with its investment program.”

For additional information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) and the Micro-Solar Solution

Thursday, January 24th, 2013

The global transition from power production based on fossil fuels, sources that pour billions of tons of carbon dioxide and other greenhouse gases into the atmosphere every year, to solar and other renewables is usually viewed in terms of large power plants. But the development, distribution, and use of what are called micro-solar installations could be the one of the most important contributions in the global struggle to reduce greenhouse gases and global warming.

Micro-solar installations are small-scale solar power generators that can be used off-the-grid for all sorts of purposes. The reason they are so important is that they can effectively replace millions of highly polluting energy sources used in remote locations that don’t have easy access to electricity in developing countries around the world. For example, instead of using kerosene to produce lighting, pumping out carbon dioxide as well as particular pollution, micro-solar generators can be used to generate the same power with no pollution footprint. India claims to already have installed over a million such systems, with millions more to go. China, the source of more greenhouse gases than even the U.S., is also a huge potential market for such systems, as is virtually the entire continent of Africa.

Bergamo Acquisition has developed a unique and effective funding process allowing the company to pursue its strategy of building a diverse acquisition portfolio of growth companies. One of these acquisitions is dedicated to the development and distribution of solar generators for cell phone towers, solar generators for home and industry applications, and solar operated tube well water pumping systems for developing countries in Asia, with potential worldwide application. Their water pumping system, for instance, uses a PV solar array to power the pumping of vital water in remote locations, avoiding the use of small-scale engines which are some of the worst polluters.

For additional information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Taps Stream of Funds for Investment Strategy

Thursday, January 17th, 2013

The ongoing acquisition strategy of Bergamo Acquisition, similar to the acquisition strategy of Berkshire Hathaway, targets a diversified portfolio of companies with sound fundamentals and growth potential. In Bergamo’s case, the funding of these acquisitions is based upon a well-established process of carefully identifying and vetting major investment sources, up to and including the recent confirmation and transfer of investment funds through the services of HSBC, the world’s third-largest publicly held bank.

To read last week’s press release announcing Bergamo’s $1.5 billion investment agreement with National Wealth, visit http://bergamocorp.com/2013/01/bergamo-acquisition-corp-signs-investment-agreement. Our team has worked directly with management to further explain the relationship Bergamo has with National Wealth.

Identifying and establishing formal relations with appropriate investment groups is a detailed and careful process, involving a set of contractual and independently verified steps that have long been established and recognized by the legal and financial community to confirm funds and process their transfer between entities. Although it is a time consuming process, Bergamo considers comprehensive vetting and contractual endorsement by all those involved as being critical to proper transactions of size, and in the best interests of all parties. It’s one of the reasons the investments are attractive to investment banks, private equity funds, and other institutions.

Using extensive due diligence, Bergamo is able to identify the most qualified investment groups, with which the company draws up a highly detailed contract carefully spelling out all of the duties and responsibilities of the parties. Included is the representation by the investor group of the funds they plan to invest, meaning cash funds in a respected bank that are free of liens, not borrowed, legitimately earned and ready to be invested. Once the agreement is signed, the investment group further draws up a statement with additional details regarding the funds.

Final confirmation, however, comes in the form of actual bank-to-bank communications with the bank formally verifying all of the above. The preferred form of bank-to-bank verification is a SWIFT message. SWIFT stands for the Society For World Interbank Financial Telecommunication, a non-profit financial organization headquartered in Belgium which, among other services, provides a formal agreed upon way for banks around the world to communicate the accepted verification of funds for large transactions. Such a formal confirmation message can only be sent if the account holder agrees that the funds will be held as security for the transaction, and represents essentially a cash-backed security.

Following final verification, the funds can be transferred, in this case to the designated bank account of Bergamo’s European company. The funds are then under Bergamo’s control, but with an agreement in place to use them only for investments agreed upon by all parties. The profits to be generated from these carefully chosen investments will be divided equally between Bergamo and the investor group. It’s important to note that the vast capital secured under the recently announced investment agreement enables access to ultra-high-return investment opportunities available only to those with extraordinary funds.

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.

For additional information, visit the Bergamo website at www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Enters Investment Agreement with National Wealth International

Wednesday, January 9th, 2013

After today’s closing bell, Bergamo Acquisition, a global investment holding company, announced that it has signed an investment agreement with National Wealth International Ltd., a privately held investment company.

Bergamo Acquisition’s wholly owned European subsidiary has been provided with cashed-backed securities consisting of three separate tranches of US $500 Million issued through HSBC Bank, one of the world’s largest banking and financial services organizations. These funds from National Wealth International will remain on deposit in accounts held by Bergamo Acquisition’s European subsidiary.

According to today’s press release, all profits spawned from the use of the funds will be deposited in full to the bank of Bergamo’s European subsidiary company. These profits will be divided 50/50 between National Wealth International Ltd. and the European subsidiary company of Bergamo Acquisition as mandated by the profit-sharing agreement.

Bergamo Acquisition also told investors that the parties have agreed that no less than US $88 million, or its equivalent value in Euros, shall remain on deposit in the account of Bergamo Acquisition’s European subsidiary for a period of one year. This amount represents the initial profit earned from the first US $500 million cash-backed securities investments entered into between the parties previously, as set forth in Bergamo’s most recent consolidated financial report compiled by L.L. Bradford & Company LLC, a public accounting firm based in Nevada.

For more information, visit www.BergamoCorp.com

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Acquisition Strategy of Bergamo Acquisition Corp. (BGMO)

Monday, January 7th, 2013

When Warren Buffett first took control of Berkshire Hathaway, he effectively turned the company around by redirecting its dwindling resources toward the careful purchase of other companies. In much the same mold, Bergamo Acquisition targets a diversified portfolio of companies for sole acquisition or co-investment alongside other investors such as private equity funds, hedge funds, investment banks, and other institutions.

Bergamo Acquisition plans to effect management buy-outs, friendly mergers, and value-accretive capital projects. At times 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. The company has sole fiduciary discretion over these funds and will direct their disposition in line with its overall strategy. In May of 2012, Bergamo Acquisition purchased 100% interest in a European entity for its investing strategies using the Euro currency.

Bergamo Acquisition is dedicated to pursuing alternative energy projects in developing and underdeveloped countries with their cutting-edge products. To this end, the company has taken a 60% interest in Bergamo Energy Inc., of Miami, Florida, a company focused on providing solar energy technologies to sovereign corporate customers in Asian markets. The company’s engineers have developed solar generators for cell phone towers, solar generators for home and industry applications, and solar operated tube well water pumping systems to meet the vast energy needs of emerging markets.

Bergamo’s solar powered water pumping system consists of a submersible AC power pump, a PV array to provide solar power, and the company’s own proprietary inverter for energy conversion and system control. Components can be adjusted depending up the water supply being tapped. The complete system is used for agricultural irrigation, centralized daily life water supply stations, and even seawater desalinization and water treatment. Bergamo Energy offers custom water treatment units in a variety of sizes.

For additional information, visit the Bergamo website at www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Offers an Alternative to Developing Nations

Monday, December 31st, 2012

It’s a sad fact that hundreds of millions of people around the world do not have regular access to the fundamental requirements of a healthy life, such as clean water or basic electrical power. Every year millions of people, many of them children, perish as the result of water related diseases, almost all of them in developing nations. To make matters worse, millions of people are added to cities in these countries every year, cities that do not even have the utilities to support their existing inhabitants. World population is projected to top 8 billion over the next 20 years, with almost all of that growth occurring in developing countries.

Electrical power is a key factor in securing and distributing a dependable supply of clean drinking water. In the past, there were few options for generating such power without the construction of traditional centralized power plants, but conventional power generation is costly, requiring significant investments in plants, transmission networks, and logistics infrastructure. In addition, fossil fueled plants pose environmental threats that few developing countries are willing to accept. Today, however, new technologies make alternative energy a viable choice.

Bergamo’s long term goal is to be the leading supplier of renewable electricity and clean drinking water to millions of people inhabiting urban and rural areas across the globe. Through Bergamo Acquisition’s subsidiary in Florida, Bergamo Energy, the company’s engineers have developed solar generators for home and industry applications, as well as solar operated tube well water pumping systems, to meet the vast energy needs of emerging markets. For example, the economically advanced 5 MW Hybrid Solar Thermal Power Plant is designed to produce more than 40 GWh of base load power with an oversized solar field yielding a 25% capacity factor, and, when operational, is designed to provide power for up to 20,000 average homes. Such plants have advantages over photovoltaics in terms of their fuel flexibility and longevity. Each 5 MW CSP plant can also provide up to 250,000 gallons daily of potable water from a brackish or seawater source in conjunction with electricity generation, and only 30 acres of land is required to install 5 MW power plants.

For additional information, visit the Bergamo website at www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) to Provide Critical Power and Water to Emerging Nations

Tuesday, December 18th, 2012

In addition to their investment activities, Bergamo Acquisition, a global investment company dealing with private equity funds and other investment sources targeting companies for acquisition or co-investment, has been working with Florida-based subsidiary Bergamo Energy to develop alternative energy sources for countries in Asia, Africa, and the Middle East. Many of these countries are stressed for energy and other basic utilities, both for homes and industry, which has created a downward pressure on their ability to develop and move forward.

A key result of the company’s efforts is a solar generator, for use with individual homes, apartment buildings, government buildings, airports, and other facilities. The generator is capable of providing up to 100KVA of clean energy. In addition, Bergamo offers a solar operated tube well water pumping system capable of providing up to 160,000 liters per hour of clean drinking water. The company’s universal invertors enable existing pumps running on electric power to run on solar power.

Bergamo Acquisition’s solar energy operated water pumping and water desalination system can be used widely for seawater desalination, desert controlling, daily life water supply, agricultural irrigation, forest irrigation, waterscape, and water treatment projects. The generator and well pumping system have been developed for initial use in Pakistan, India, Sudan, Bangladesh, and other areas of need. In particular, the solar powered pumping system is a proprietary design made to BGMO’s specifications in order to meet the rigorous demands of emerging countries.

Bergamo has been working with government officials, manufacturers, and importers to introduce this technology, which costs far less than competitive systems. The idea is to provide a foundational lift to millions of farmers and other people, allowing them to produce food and other fundamentals at a reduced cost.

For additional information, visit www.BergamoCorp.com

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Bergamo Acquisition Corp. (BGMO) Achieves Current Status on OTC Markets

Tuesday, December 11th, 2012

Earlier this afternoon, Bergamo Acquisition announced that it has received the OTC Markets “Current Information” designation and symbol. Up to date financial statements and disclosure documents have been filed on the OTC Markets website. An attorney’s opinion letter has also been posted to meet OTC Pink Current Information tier requirements.

To view the latest filings, visit http://www.otcmarkets.com/stock/BGMO/filings

Hillard Herzog, President and CEO of Bergamo, stated, “Increasing disclosure and transparency will help us attract a wider audience of investors. This move to current status on OTC Markets is one part of a larger plan to build shareholder value and strengthen our shareholder base.”

Leveraging its deep network within the global institutional investment and banking industries, Bergamo Acquisition has engaged investments in financial instruments and companies worldwide. The company’s management team focuses on investment opportunities that have strong growth potential in promising sectors of the global economy. Bergamo is based in Henderson, Nevada, and has affiliated offices in Europe and Asia.

For more information on Bergamo Acquisition and its current initiatives, please visit www.bergamocorp.com

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Bergamo Acquisition Corp. (BGMO) is “One to Watch”

Tuesday, December 11th, 2012

Bergamo Acquisition Corp. is a global investor 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. The company has engaged investments in financial instruments and companies worldwide.

Alternative energy is a key focus of the company. Bergamo Acquisition has developed solar generators for cell phone towers, solar generators for home and industry applications, and solar operated tube well water pumping systems to meet the vast needs of emerging markets. The company’s turnkey solutions help developers, utilities, water districts, power plant owners, and industrial customers diversify their existing generation portfolio.

Bergamo Acquisition executes energy projects from concept through completion, offering design, construction management, and facility maintenance services. Together with pre-designed and packaged Balance of Plant and standardized Power Plant Control Modules, the company enables rapid project commissioning and provides an optimum balance between capital cost, plant performance, and operational and maintenance expenses.

The company’s technical team has been working with government officials, manufactures, and importers in Asia, Africa, and the Middle East to introduce its state-of-the-art technology. Investable funds are already in place to pursue investment opportunities in these and other countries. Bergamo Acquisition relies on its extensive network within the global institutional investment and banking industries to source the best opportunities.

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Solar EnerTech Corp. (SOEN) Continues to Exceed its Business Growth Benchmarks

Wednesday, February 28th, 2007

SOEN, since its inception, has been known for exceeding aggressive business goals.  This trend continues with the announcement that several milestones were met before the close of 2006.  These included:

1) Start up of Production Line # 1 in their new production facility and the roll out of their first batch of solar modules on 11/23/06. 

2) Concurrently, launched SolarE as their market identity and brand name.

3) Released beta version of proprietary Power Conditioning Software

The Company continues to build on a solid foundation.

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