Brad S
9 년 전
The letter of confirmation written by L.L. Bradford...
Wasn't worth spit as many of us suspected and has now been confirmed by the PCAOB shutting them down.
http://pcaobus.org/Enforcement/Decisions/Documents/LL-Bradford.pdf
"By this Order, the Public Company Accounting Oversight Board (the "Board" or "PCAOB") is (1) censuring L.L. Bradford & Company, LLC ("L.L. Bradford" or the "Firm"); (2) revoking the Firm's registration; and (3) imposing upon the Firm a civil money penalty in the amount of $12,500.1 The Board is imposing these sanctions on the basis of its findings that in connection with the Firm's audits of numerous issuer audit clients, the Firm repeatedly violated PCAOB rules, auditing standards, and quality control standards and, in connection with several of those audits, also violated Section 10A(g) and Section 10A(j) of the Securities Exchange Act of 1934 ("Exchange Act") and Exchange Act Rule 10A-2 concerning auditor independence.
GSPBancoDeFomento
9 년 전
GSP BANCO FOMENTO MERCANTIL LTDA.
Gentlemen,
Before anything else we would like to mention that the GSP Banco de Fomento Mercantil is a company from the Grupo São Paulo, of which has been in the market since 2001 on the negotiation of assets, in the rendering services in the field of consultancy and in the advisory of business affairs and in the investment funding of projects, seeking effective and intelligent solutions for the clients. Its headquarter is in Goiânia, Goiás state, Brazil. But it is currently in operation in several sectors of the economy, and it has become an important business partner in the investment and partnership relationships among its clients and the activities of the GSP Banco strategic consultancy which are concentrated in a core of intelligence that offers the best solutions and paths for the successful achievement of businesses in Brazil and abroad.
So contrary to what was said at the publication number # 20004 we exist.
However as far as it the transaction concerning the bank guarantees in favor of Bergamo that was performed without the consent of the board of directors by a person whose name is Oderli Ferriari that had access to some documents and based on them started to issue of such bank guarantees ranging from EURO 300 million to EURO 400 million, as the one seen on this declaration of the Bergamo Acquisition Corp (OTC: BGMO) and thus there is backed guarantee for such operation. It was performed in a fraudulent manner and without the consent of board of directors of the GSP Banco.
Due to this fact we request that please disregard any information whose origin is from such declaration.
It follows the link for the declaration of the Group Bergamo Acquisition Corp (OTC:BGMO):
http://www.businesswire.com/news/home/20120118005401/en/Million-Euros-Cash-Backed-Operative-Bank-Guarantee
Investman432
10 년 전
No Christmas celebrations for Herzog and partners-in-crime, Sohail and Gary. They are forever on Santa's naughty list (and don't celebrate xmas anyways).
The Bergamo fraud persists here as a faint memory, despite lack of any corporate functioning, no filings, no communications, lapse of all registrations, abandonment of responsibility by officers/directors, failure to respond to court orders/judgments, etc. , and obviously, no assets or revenues.
Most of us figured out years ago that BGMO was a non-operating shell of burned out garment importer promoted endlessly by Herzog, Purdon and Parekh as somehow being gifted with massive investment from unidentified sources to make massive investments into firms like VSTA, Greensafe Demanufacturing, Suntrough, Pakistani coal plant, green coal mine in Indonesia, Indian solar projects, etc. Following BGMO has taught me about many versions of bank paper fraud -- fake Standby Letters of Credit, fake cash-backed deposits, fake deposit papers, fake banks issuing worthless guarantees and LOCs, fake high yield investing schemes, et al. Herzog was a clearing house for frauds. He and Sohail took the frauds to new level filing phony and highly misleading financial statements with OTC Markets.
Xmas cheers to my friends, vigilant elves who make sure BGMO and its perpetrators aren't scamming others as they tried for years to limited success.
Aston Martin
10 년 전
SEC will shut this stock down soon for sure: Read this:
http://www.usatoday.com/story/money/markets/2013/06/03/sec-shell-company-stock/2384451/:
SEC raging war against empty shell companies
"Trading in 61 stocks described as "empty shells" was shut down Monday, as part of regulators' aggressive plan to sweep away dormant stocks often targeted by fraudsters.
Shutting down trading in thinly traded stocks has been a priority of the SEC for years. These stocks, which have next to no market value, can be easily bought by pump-and-dump operators who use them as a platform to lure in investors with false information.
This latest sweep is the largest since last year's "Operation Shell Expel" move by the SEC, which it removed a record 379 companies from trading in one trading day.
The move by the SEC is part of a trend at the regulator to use computers and data mining to help identify areas that are ripe for market manipulation before the fraud actually occurs, potentially saving investors from being separated from their money.
Shell companies are often bought by stock scammers for very little money. The names of the shell companies can then be changed into something that reflects a current hot theme with individual investors. The scammers can then buy up the stock for next to nothing, spread misleading and false press releases and then sell at higher stock prices.
While the action Monday was the biggest of the year so far, the SEC has been routinely been shutting down trading in shells all year.
"Stock manipulators crave empty shell companies that they can use to conduct pump-and-dump schemes and line their pockets with illicit trading profits by taking advantage of unsuspecting investors," says Andrew J. Ceresney, Co-Director of the SEC's Division of Enforcement in a statement. "We will aggressively suspend trading in such empty shells to take away a tool of their trade and help rid our markets of fraud."
AND HILLARD HERZOG IS STILL NO IN JAIL ! What a poor system of justice.
notoriousinvestor
10 년 전
VSTA Sees AV-101 as Potential Breakthrough Drug for Major Depressive Disorder
Potential to Address Major U.S. and Global Need
It’s one of the single most sought-after drugs in the medical industry, and biotechnology company VistaGen Therapeutics may have it. What is so desperately needed is a drug able to treat a disease that afflicts tens of millions of people in the U.S., and hundreds of millions globally. The disease is MDD (Major Depressive Disorder), a crippling form of depression that is not effectively treated by existing medications. It is now recognized as a disease that seriously undermines economies and society as a whole, contributing to hundreds of thousands of deaths worldwide each year. The recent death of actor and comedian Robin Williams has shed a public light on the gravity of individual depression, but researchers know that it affects as many as one out of 20 households. They also know the significant issues with standard treatments for MDD.