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Re: MerthyrQ post# 23210

Tuesday, 04/14/2015 10:22:54 PM

Tuesday, April 14, 2015 10:22:54 PM

Post# of 28677
MerthyrQ, You are very correct in stating the fact: "In the world of corporations, the Board of Directors have a fiduciary duty to the shareholders. It is also up the Board of Directors to determine when to release information, subject of course, to the various laws and regulations."

In regards to the June 12th 2014 activity conducted by Bourque Industries where they printed 500 million more common shares that effectively doubled the share count in an undeniable significant manner, that activity as you noted above is "subject of course, to the various laws and regulations" requiring disclosure to the shareholders under Securities Act of 1933 and 1934.

Still today Bourque Industries investors are looking at faulty data on the capitalization of this company, as they have for the past eleven months.

As for when you state the fact "The Board of Directors may delegate a substantial of the management and decisions to the company officers." Yes, and while the "Board of Directors need feel no urgency to define or declare what current activities are being conducted [in their name by the company officers,]" this Board of Directors are still duty bound under law for any violations taken by the company officers under that delegation by the Board of Directors to pass responsibility to the company officers for taking the authority so stated.

When will they inform the shareholders, public and the authorities ( SEC and OTC ) of the material event they created that doubled the authorized shares of OUR company in the middle of the night?

Who signed or had the authority to produce this document---Berry? CJ? What laws do you know that they violated?

The posts contained on my (gotmilk) account are my own opinions and are not recommendations or advise to buy or sell any security, stocks or other investments. These posts are for entertainment purposes only and are not considered to be facts or truth.