Bergamo Corp's Wholly Owned Subsidiary Bergamo E & A Receives Two Signed Letters of Intent from the Government of Pakistan.Bergamo Corp is on Track to Close Financing of the Previously Announced Pakistani Energy Projects in Days LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. & ISLAMABAD -- Hillard Herzog, the President of Bergamo Acquisition Corp (Pink Sheets: BGMO) and its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Bergamo E & A, announces the completion of negotiations with the Government of Pakistan Government of Pakistan (Urdu: حکومتِ پاکستان), The Constitution of Pakistan provides for a Federal Parliamentary System of government, with a President as the Head of State and an indirectly-elected Prime . Bergamo E & A received two signed letters of intent ("LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items ") from the Government of Pakistan through designated governmental agencies. Financing for the Pakistani energy projects will be completed as previously announced based on the LOI's. The first LOI is with Pakistan's Alternative Energy Board. That LOI addresses Bergamo's proposed solar energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun. project. The second LOI is with The Pakistan Electric Power Company (Private) Limited ("PEPCO PEPCO Potomac Electric Power Company (Washington, DC, USA) PEPCO Pakistan Electric Power Company PEPCO Professional Electric Products Company ") covering the 540 megawatt meg·a·watt n. Abbr. MW One million watts. meg a·watt clean coal energy rental
project. Both LOI's provide for advance payment to Bergamo E &
A for a portion of the energy to be produced. In addition, the
Government of Pakistan will provide its sovereign guarantee securing the
purchase and payment of power pursuant to the LOI's as outlined in
the agreements.
Details will be disclosed upon the return of Hillard Herzog from Pakistan. His arrival back in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. is anticipated for August 5, 2009. Full details of the financing required to complete these projects will be released at that time. On Tuesday, August 12, 2009 Mr. Herzog will travel to London, England to close on the financing of the projects. The release of funds is to come immediately thereafter. Sohail Parekh, the Chairman and Managing Director of Bergamo E & A Corporation would like to place on the record the cooperation and assistance the company received from the Government of Pakistan. The delegation on behalf of the Government of Pakistan included the President of Pakistan The President of Pakistan (Urdū: صدر مملکت Sadr-e-Mamlikat) is Head of State of Pakistan. Pakistan has a semi-presidential system of government. Mr. Asif Ali Zardari Asif Ali Zardari (Urdu: آصف علی زرداری) (Sindhi:آصف علي زرداري) (born July 21, 1956) is the chief of the Zardari tribe and the , Sindh Chief Minister Qaim Ali Shah Syed Qaim Ali Shah is a famous politician from the Pakistan Peoples Party and was a close confidante of the Shaheed Zulfiqar Ali Bhutto. He is a member of the Sind Provincial Assembly. Currently he is the provincial President of the Pakistan Peoples Party Parliamentarians. , Raja Pervaiz Ashraf, Federal Minister for Water and Power, Waqar Ahmed Khan, the Federal Minister for Investments and Mr. Tariq Puri, Federal Secretary, Board of Investments. Certain statements contained in this document may constitute "forward-looking statements." When used in this document, the words "may," "would," "could," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect," "investigate," "looking at" as they relate to Bergamo Acquisition Corp. or its management, are intended to identify forward-looking statements or information. Such forward-looking statements include, among others, the expectations or claims, as applicable, that: (i) Bergamo E&A will successfully develop power projects in Pakistan. Such statements or information reflect Bergamo E&A's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors could cause Bergamo E&A's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or information, including among other things, those risk factors which are discussed elsewhere in documents that Bergamo E&A files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Bergamo Acquisition Corp. expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. |
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