Bergamo Acquisition Corp. Provides Authenticated Documentation to Confirm Bank Deposits
TORONTO–(Marketwire – January 31, 2013) – Bergamo Acquisition Corp. (OTC: BGMO), 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 the Company’s European subsidiary as part of an investment agreement entered into with National Wealth International.
L.L. Bradford has reviewed and verified all the original documents and the original bank deposit statement from HSBC. These original documents provided the location, account number and dollar value of deposits, and were signed & sealed by two bank officers for authenticity. L.L. Bradford finally confirmed Bergamo Acquisition’s current financial agreements. For further information on the recently announced investment agreement, review the press release issued by Bergamo Acquisition on January 10, 2013
he 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.
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.
Read press release announcing Bergamo’s $1.5 billion investment agreement with National Wealth, 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.