Bourque Industries Inc (BORK)

[gotmilk]

re: "Printing 500 million more [common] shares [and 200 million more Series A Preferred] obviously was not illegal or the SEC would be all over it. That stuff doesn't go unnoticed."

Greetings Thomas, I'll prefer to modify the above slightly.

"That stuff may go unnoticed by the SEC until its brought to their attention."

Here I'm thinking that until Bourque Industries files financials with the OTC that the SEC doesn't have in place robust enough detection mechanisms (real time software) for analyses of the zillions amounts of newly created data available everyday.

But as I already suggested as a reason no federal action has been taken against Bourque Industries, when evidence of a criminal nature has been uncovered...

"microcap fraud-fighting initiative known as Operation Shell-Expel in which the SEC Enforcement Division’s Office of Market Intelligence utilizes technology to scour the over-the-counter (OTC) marketplace and identify dormant companies ripe for abuse."

... is that an active joint FBI, SEC and IRS investigation is not yet ready to activate one or more grand jury proceedings that they have on the "drawing board."

"A person suspected of a federal crime cannot be tried until a grand jury has determined that there is enough reason to charge the person." "Grand jury proceedings are secret, grand juries meet in private."

Yes Mer..., err Virginia, Imagine prior to an actual grand jury the federal folks tries out a mock grand jury proceeding (done in secret of course) to make sure they have all their ducks accounted for, and in a row.




Doug