Bergamo Acquisition Updates Financials
Bergamo Acquisition Updates Financials
HENDERSON, Nev.--(BUSINESS WIRE)-- Bergamo Acquisition Corp. (OTC:BGMO) announced today its financials have been filed with the OTCMarkets. The Company's auditors, L.L. Bradford, Certified Public Accountants, prepared the financial report and notes.
The financials have been posted along with notes dated September 17, 2012 and were prepared by its auditors, L.L. Bradford. The Interim Financial Statement can be reviewed at http://www.otcmarkets.com/stock/BGMO/financials.
Hillard Herzog, President and CEO of Bergamo, remarked, "It is important to note L.L. Bradford has received and reviewed each and every document supplied by the Company as to its authenticity in preparation of this comprehensive report. We have provided all requested documentary evidence to support the information prepared. You can look forward to our next reporting statement and the fulfillment of each and every commitment previously made by our Company."
For the period from January 1, 2012 to September 17, 2012, the Company reported net income of $88,439,000. See attached table.
Safe Harbor Statement: This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.
BERGAMO ACQUISITION CORP AND SUBSIDIARIES | ||||||||||||||||||||||||||||||||
STATEMENT OF STOCKHOLDERS' EQUITY | ||||||||||||||||||||||||||||||||
FOR THE PERIOD FROM JANUARY 1, 2012 - SEPTEMBER 17, 2012 | ||||||||||||||||||||||||||||||||
(UNAUDITED AND IN THOUSANDS EXCEPT SHARE AMOUNTS) | ||||||||||||||||||||||||||||||||
Common Stock | ||||||||||||||||||||||||||||||||
Accumulated | ||||||||||||||||||||||||||||||||
Additional | Other | Total | ||||||||||||||||||||||||||||||
Number of | paid-in | Retained | Comprehensive | Stockholders' | ||||||||||||||||||||||||||||
Shares | Amount | Capital | Earnings | Loss | Equity | |||||||||||||||||||||||||||
Balance, December 31, 2011 | 135,404,519 | $ | 135 | $ | 315 | $ | (2,000 | ) | $ | -- | $ | (1,550 | ) | |||||||||||||||||||
Issuance of common stock for cash | 62,415,000 | 63 | 63 | |||||||||||||||||||||||||||||
Net income | $ | 88,439 | $ | 88,439 | ||||||||||||||||||||||||||||
Foreign currency translation adjustment | $ | 233 | $ | 233 | ||||||||||||||||||||||||||||
Unrealized loss on marketable securities | $ | (147 | ) | $ | (147 | ) | ||||||||||||||||||||||||||
Comprehensive income | $ | 88,525 | ||||||||||||||||||||||||||||||
Balance, September 17, 2012 | 197,819,519 | $ | 198 | $ | 315 | $ | 86,439 | $ | 86 | $ | 87,038 | |||||||||||||||||||||
Bergamo Acquisition Corp.
Hillard Herzog, President
702-427-7473
hillardbergamo@aol.com
www.bergamoenergy.com
Sohail Parekh, Executive Vice President and Director
sohailbergamo@aol.com
or
REFER ALL QUESTIONS TO IR
INVESTOR RELATIONS:
The Eversull Group, Inc.
Jack Eversull, President
972-571-1624
fax: 214-469-2361
jack@theeversullgroup.com
KEYWORDS: United States North America Nevada
INDUSTRY KEYWORDS:
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