The Bergamo Acquisition Corporation is probably not a name you will be very familiar with. It is not a household name, and yet it is a penny stock that could well be worth keeping a closer eye on at the moment.

Known by the symbol BGMO on the stock market, this company improved its stocks by nearly eight per cent -- 7.94% to be exact -- on the morning of 22nd October.

So what do we know about Bergamo? Is this a company which could produce more gains in the near future, qualifying it as a potential penny stock worth investing in? As always research and careful thought and planning should be put into place, although even then there is no guarantee that the penny stocks you choose will gain a profit.

So why is the Bergamo Acquisition Corporation worth looking at?

The business itself is based in Nevada but has interests in Pakistan. In fact, it focuses on three projects for the infrastructure in Pakistan. The focus is on clean energy and as such renewable energy and highly efficient products and plans are being put into place. Pakistan wants to move ahead and develop the country so that it can take advantage of its natural resources. And Bergamo is helping it achieve this aim.

It is this forward thinking, green energy thrust that is indicative of several penny stocks that are doing particularly well in these current times. Recycling and other green issues are proving to be good stocks to invest in, and with that 7.94% increase in a single morning, it could point to a stock that is worth buying in order to sell at a higher price later on.

Only time will tell if the increase in the value of the stock will continue. But Bergamo is certainly a promising company with plenty of time and effort invested in helping Pakistan sustain its energy needs for the future. And with a budget of $1.5 billion dollars available this is definitely a solid venture between Pakistan and Bergamo that will continue long into the future.

As such perhaps we could speculate that the value of the stock will improve as time goes by and more is completed. But since this is very early days at the moment, we can only wait to see how work progresses and the Bergamo Acquisitions Corporation handles the developments planned for Pakistan.