Bergamo Acquistion Corp (OTC: BGMO)
DATE / Las Vegas, NV: Bergamo Acquisition Corp (OTC Pink Sheets: BGMO) announced today the Company anticipates funding later this month for the first traunch of what will be a total of $1 billion USD. This will take place in Dubai where Bergamo President, Hillard Herzog, is scheduled for meetings this month. The sole purpose of the meetings is to finalize all banking transactions, move funds into Bergamo E & A's accounts, and pay the associated fees.
Fees totaling $255,000 USD are required to be paid to the Pakistan Government with regard to the funding guarantee. The fees are considered application fees and are required just prior to the funding of the project. With the fees paid, Pakistan will grant approval of the projects and the funding in Dubai can then take place. Bergamo will be arranging for the payment of these fees before Mr. Herzog's travels to Dubai this month.
Mr. Herzog commented, "This is five times I have traveled to this region of the world this year to conclude this transaction. I am very pleased that this month we will be able to bring in the funding and begin the projects. Sohail Parekh and I are now more confident than ever we can get these projects started early in 2010."
Mr. Parekh also commented, "I know the people of Pakistan will be very pleased that we are bringing both clean coal and solar energy to my homeland. This power will improve the lives of hundreds of thousands of people in Pakistan."
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