Monday, September 19, 2016 12:20:46 PM
Here a small sample of my observations.
1. Some corporate debt had been converted to common stock. I read that a confidence in the minds of the lenders toward the company and its management.
2. Whereas previous filings referred to unfiled income tax returns, these financial statements do not. That indicates to me that all the income tax filings are up to date with both Federal and State taxing authorities. That is a positive.
3. Though very small, there is revenue. Recent indications from the company suggest that there is a growing revenue stream.
4. Testing phase, as apposed to research and development phase of various product lines, including specifically wire and other electrical, magnetic, and heat related products is underway. This is also positive.
5. Some individuals who have watched BORK for years, including at least one who as prolifically opined negatively about BORK, are now buying stock. The is very telling.
Ya'll have a nice time joining others watch over BORK with great expectations from both the company and its management.
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