Bourque Industries Inc (BORK)

[mikeg2]

The deficit shown on Bourque's financials is a balance sheet account which represents the accumulated operating losses since corporate inception, whenever that was .

So it's not debt owed, just an ugly running tally of cumulative annual losses.

Many new start ups do run deficits , all true. And eventually if the bleeding doesnt stop , bankruptcy and dissolution follows.

Successful start ups eventually turn profitable, erasing the accumulated deficit, and showing instead a surplus account on the balance sheet .


To date Bourque Industries has been unsuccessful and unprofitable.

Thats about as real as I can state it.