Bourque Industries Inc (BORK)

[RockQQ]

Rdecock, not sure precisely what you're asking.

When GPGI became BORK in early 2011, it basically had approximately 180 million shares on a fully-diluted basis and the same amount of shares when it hit $5.91 on June 10, 2011. I posted on this board on June 10, 2011 my surprise about how it had gone up too fast, and that that day it had a market cap over $1 billion (180 million shares at $5.75 closing price).

Since then, the company has issued many of the 500 million shares that were authorized but nobody knows precisely how many since they have not filed current financials in awhile. Given that BORK authorized an additional 500 million shares recently (bringing authorized shares to 1 billion), it's likely they have come close to or even exceeded 500 million shares now outstanding on a fully-diluted basis.

I don't really buy the claim that just cause they briefly had $1 billion in market cap in 2011, that that can be extrapolated to any higher or lower market cap potential today.

Hope that answers your question.