Bourque Industries Inc (BORK)

[gotmilk]

4 new patents over the past year

OTC Disclosure & News Service
http://www.otcmarkets.com/stock/BORK/news/Company-Redirection-and-Reorganization?id=107336
"Our focus for almost two years has been reorganization and redevelopment of the company, in addition to creating a new structure and changeover in management. We expect the patent process to be ongoing as John M. Bourque has applied for 4 new patents over the past year."

Regarding my recent telephone conversations with Bourque Industries Chief Security Officer and Director, Juan C. Mendoza, I asked if the person cited under Corporate Governance/Advisory Council, of Dr. Andreas Siegmund, Metallurgy, was currently active at Bourque Industries, and the responce I acquiree from Juan Mendoza was a "yes." I'm thinking that these, mentioned by Bourque Industries, of "4 new patents over the past year" by John Bourque as the filing author were either created in detail prior to John Bourque incarceration and held in inactivity, or were formulated during John Bourque incarceration by another person having access to a lab, and if so then it seems plausible that person would be Dr. Andreas Siegmund, and if so I would expect the next financials to itemize a heft "shares for services" awarded to Dr. Andreas Siegmund.

My only confusion is that Dr. Andreas Siegmund has been listed by Bourque Industries as a long term, as in years, advisor to Bourque Industries, but I can't find any "shares for services" listed in past financials.

Hopefully someone can help me understand.

http://www.otcmarkets.com/financialReportViewer?symbol=BORK&id=111977

Issuance History

List below any events, in chronological order, that resulted in changes in total shares outstanding by the issuer in the past two fiscal years and any interim period. The list shall include all offerings of securities, whether private or public, and all shares or any other securities or options to acquire such securities issued for services, describing (1) the securities, (2) the persons or entities to whom such securities were issued and (3) the services provided by such persons or entities.

Date; Name; Shares Sold; Consideration Paid

06/06/12; EMSEG & Co*; 535,000; $80,000
08/09/12; Clifford Deutsch; 499,500; Shares for services
08/23/12; G&G Holdings LLC; 300,000; $100,000 note conversion
08/24/12; NBN Enterprises, Inc.; 1,000,000; Shares for services
08/24/12; NBN Enterprises, Inc.; 4,000,000; Shares for services
08/30/12; Ironridge Global IV, Ltd; 35,000,000; Shares for debt
09/05/12; Raymond F. Humphrey; 250,000; Shares for services
09/05/12; US Finance Group LLC; 250,000; Shares for services
11/01/12; Sean S Floyd; 250,000; Shares for services
11/01/12; Gary Calvaneso; 250,000; Shares for services
11/01/12; Juan C. Mendoza; 125,000; Shares for services
11/01/12; Brenda I. Mendoza; 125,000; Shares for services
11/14/12; Sean Floyd; 250,000 Shares for services
11/14/12; Gary Calveneso 250,000 Shares for services
11/14/12; Juan C Mendoza; 250,000 Shares for services
11/14/12; Brenda L Mendoza; 250,000 Shares for services
12/20/12; Blue Chip Financial Group; 4,000,000 Shares for debt
02/25/13; The Goyo Investment Club; 33,334 Shares for services
02/25/13; Akua A Hodges; 500,000 Shares for services
02/25/13; Efrain Cornejo; 150,000 Shares for services
03/07/13; Ironridge Global IV Ltd; 8,500,000 Shares for debt
03/08/13; Sean Floyd; 3,400,000 Shares for services
03/08/13; Kenneth G Bourque; 500,000 Shares for services
03/08/13; William Condon; 500,000 Shares for services
03/08/13; Paul Bowers; 250,000 Shares for services
03/08/13; James C Woods; 100,000 Shares for services
03/08/13; Samuel Woods; 100,000 Shares for services
03/08/13; The Goyo Investment Club; 50,000 Shares for services
03/08/13; Charmaine S Berry; 2,000,000 Shares for services
03/08/13; Carol J Condon; 2,000,000 Shares for services
03/19/13; Nick Latinovich; 6,667 Shares for services
03/19/13; Mary Goyo; 6,667 Shares for services
03/19/13; David Goyo; 3,338 Shares for services
04/18/13: Red Bowl Living Trust: 510,417 shares for services
04/18/13: Michael Kotelec: 510,417 shares for services
04/18/13: Joel S Heffron: 510,417 shares for services
04/18/13: Robert Scott Stover: 510,417 shares for services
04/18/13: Raymond F Humphrey: 510,417 shares for services
04/18/13 Charmaine S Berry: 510,417 shares for services
06/17/13; Business Placement Associates, Inc.; 5,700,000 Shares for services
07/25/13; BREFA, Inc.; 8,600,000 Shares for debt
06/17/13; Ironridge Global IV, Ltd.; 15,000,000 Shares Restricted Convertible Preferred Stock for cash
08/02/13: Ironridge Global IV Ltd; 15,000,000 Shares for debt
09/23/13: ANP Industries, Inc.: 3,700,000 shares for services
08/09/11; David Sklar; 100,000; Real estate option payment
09/22/11; John M. Bourque; 100,000,000 Prfd; Employment agreement, Item 8 herein
10/17/11; Acquisition of Bourque Alloys, LLC; 5,300,001 to 11 persons; Pursuant to consolidation plan, Item 8 herein
10/17/11; Acquisition of Bourque Alloys Manufacturing, Inc.; 92,000,000 to 75 persons
10/17/11; Acquisition of Kryron Global, LLC to John M. Bourque; 12,500,000
10/17/11; Acquisition of Basalt Fiber Technologies, LLC; 5,900,000 to 30 persons
12/14/11; Fairhills Capital Offshore*; 162,000; $100,000
12/27/11; Fairhills Capital Offshore*; 205,000; $100,000
01/11/12; Fairhills Capital Offshore*; 250,000; $100,000
01/27/12; Fairhills Capital Offshore*; 420,000; $100,000
02/15/12 ; Fairhills Capital Offshore*; 210,000; $100,000
02/29/12; NBN Enterprises, Inc.; 400,000; Shares for services
03/13/12; Fairhills Capital Offshore*; 333,333; $100,000
03/15/12; Carol J Condon; 2,000,000; administrative corrections of shares
03/15/12; AGS Capital Group LLC; 20,000; ; owned pursuant to 10/17/11 merger
03/15/12; Dan Stoica; 40,000
03/15/12; Robert Stoica; 40,000
03/20/12; AGS Capital Group LLC; 4,390; Shares for services
03/2812; Matthew Bodine; 20,000; Shares for services
03/28/12; Fairhills Capital Offshore*; 525,000; $100,000
04/04/12; Fairhills Capital Offshore*; 590,000; $100,000
04/11/12; VI Investments LLC; 1,357,143; issued in exchange for debt
05/17/12; John Spano; 1,000,000; Shares for services
05/17/12; Robert Lewis; 1,000,000; Shares for services
05/17/12; Cliff Deutch; 500; Shares for services
05/17/12; Richard Acedo; 2,000,000; Shares for services
05/17/12; Michael Mccaffery; 500,000; Shares for services
05/17/12; Gregory Kath; 25,000; Shares for services
05/17/12; David V Luna; 100,000; Shares for services
05/17/12; Randall Ellington; 100,000; Shares for services
05/17/12; Robin Mcmanus; 10,000; Shares for services
05/17/12; Sylvia Johnson; 10,000; Shares for services
05/17/12; Alan Brown; 50,000; Shares for services
05/17/12; Russell Guenther; 25,000; Shares for services
05/17/12; Barry Antle; 500,000; Shares for services
05/17/12; Brent Lees; 100,000; Shares for services
05/17/12; CGroup Solutions, Inc; 1,000,000; Shares for services
05/17/12; Sandy Berry; 500,000; Shares for services
05/17/12; Karl Pischansky; 150,000; Shares for services
05/17/12; James S Bloom; 500,000; Shares for services
05/17/12; Bruce Hodges; 250,000; Shares for services
05/17/12; Cesar Bours; 1,000,000; Shares for services
05/17/12; Al Nichols; 25,000; Shares for services
05/17/12; Phil Nichols; 25,000; Shares for services
05/17/12; Sean Floyd; 100,000; Shares for services
05/17/12; Vital Founder; 250,000; Shares for services
05/17/12; Breck N Johnson; 100,000; Shares for services
05/17/12; Beck & Beck PC; 250,000; Shares for services
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Mr. Bourque’s relinquishment of control.
On March 8, 2013, John Bourque, the Company’s inventor and former Chief Executive Officer, as well as its principal shareholder, executed a “Principle Shareholders Lock-Up Agreement”, whereby Mr. Bourque agreed not to exercise his voting rights on 100,000,000 Series A Preferred Shares which have 4 for 1 voting rights, and not to exercise his voting rights on all but 20 million of his shares of the Company’s Common Stock, for a term which extends through the earlier of March 8, 2017, or date on which Mr. Bourque is able to re-commit to full time employment with the Company. This Agreement not to exercise such voting rights is subject to a number of exceptions. For example, Mr. Bourque is not precluded from exercising his voting rights if the Company proposes to issue in the aggregate more than 50 million common shares, or if a shareholder vote is called for approval of certain Fundamental Corporate Transactions or under certain other circumstances spelled out in the Agreement. The Lock-Up Agreement was approved by the Board of Directors on March 19, 2013, and is now in place. This Lock-Up Agreement removes Mr. Bourque from a position of control of the Company (except under certain circumstances) for the period of its term and gives the Board of Directors full authority to press forward with reorganization of the Company’s business and its evolving business plan for the marketing and sales of various contemplated product lines based upon the Company’s Kryron material.
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Bourque Alloys Manufacturing, LLC (BAM) elements of common control.
During the fiscal year-to-date period ended October 16, 2011 and the fiscal year ended May 31, 2011 the Company received loans of $474,500 and $15,000 respectively from BAM. On October 17, 2011 the Company acquired BAM in a reverse triangular merger which effectively resulted in a full loan payoff as of the acquisition date. Refer to Note 6 for details of the acquisition and to Note 9 for the details of the loans
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Doug