Bourque Industries Inc (BORK)

[gotmilk]

A Bourque Industries "dishonorable mention" #msg-105733282

http://investorshub.advfn.com/IRONRIDGE-28614/
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An IH short history follows:

(1.)

Statement of Ownership (SC 13G)
Date : 08/22/2012 @ 5:01PM
Source : Edgar (US Regulatory)
Stock : Bourque Industries, Inc. (PC) (BORK)
http://ih.advfn.com/p.php?pid=nmona&article=53914336
This Joint Filing Agreement, entered into and effective as of August 22, 2012, is made by and among Ironridge Global IV, Ltd., a British Virgin Islands business company, Ironridge Global Partners, LLC, a Delaware limited liability company, Brendan T. O’Neil, Richard H. Kreger, John C. Kirkland and Keith Coulston pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.

Alvie
08/24/12
I think you need to read the contract carefully. It spells out how many shares would be transferred to offset the debt based on 80% of the average trading price of BORK stock. The 35MM shares was given as the maximum to keep Ironridge from owning 10% of the outstanding shares.

Amended filing made to the Ironside stock filing.
http://www.hotstocked.com/companies/b/bourque-industries-inc-BORK-filings-93411.html

(2.)

11/07/13
kbbccandyman
Re: Scorpitron's post

Why are you trying to defend Schizzler?? He is the one who just drove the nails into the "BORK coffin" with the 15million shares of convertible preferred stock worth $600,000 for a measly $55,000. And upon conversion can be redeemed for a controlling interest in BORK. Then followed that with another 15,000,000
shares of common stock just to make sure control of BORK will belong to Ironridge.

In other words that may be easier to understand ... SCHIZZLER JUST GAVE KRYRON TO IRONRIDGE FOR A MEASLY $55,000. GAME OVER AND YOU, IF YOU ARE A BORK STOCKHOLDER JUST WATCHED YOUR INVESTMENT
REDUCED TO "ZERO".

like I stated in an earlier post:
-When the price of BORK drops to .0025/share (1/4 cent)
Iropnridge can convert their new BORK convertible preferred stock into 240,000,000 shares of common stock.
-Then add to that the additional 15,000,000 issued to
Ironridge by Schizzler in August (for what we don't know)
and then Ironridge will have majority control of all outstanding BORK common stock.

Nothing to be concerned about ... because it was really JB that did all the damage a long time ago. And since the SEC hasn't jumped in Schizzler must be a good guy performing his fiduciary
reasposibility to the sharte holders.

That is like when you see smoke coming from your neighbors house and saying "Nothing to worry about ... if their house was on fire we would be hearing sirens of the Fire Dept. coming to put it out"

(3.)

11/23/13
kbbccandyman

WOW ... what happened to the Ironridge funding that MR. Wonderful arranged. Mr Wonderful being Matt Schizzler who never did anything wrong.

Remember Ironridge was going to fund on the 1st of every month, but stopped for some reason after receiving 15million shares of convertible preffered stock in one lump sum back in August.

But wait a minute ... Didn't Schizzler say that the stock would be issued as funds were advanced to Bourque. Then after Ironridge stopped funding ... for some reason BORK issued the 15 million shares. Why would BORK issue the stock in total after the funding stopped??????????????

This should have raised some eyebrows.

And where did BORK come up with the 15 million shares of convertible preferred shares to issue in the 1st place.

Doesn't seem like the stockholders are very upset after being thrown under the bus and being left in the dust.

:(