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JB does not have to go through the expense and effort of that stock purchase process, you outline, to accomplish the goal you described. What is the value of the existing BORK shell turned into a privately held company when he can go another way and have superior results without that expense, effort, paperwork, and filing fees, and jettison the troubled history. Unless you want to have a tax loss carryover discussion.
Thank you for the Sell Signal. Once those few day traders that have been here for the last few months, trading among themselves for lunch money decide to leave for a more active worthless penny scam board, BORK will fall to $0.0001 as desired by John Bourque. Upon that John Bourque and his Board of Director Puppets will activate the paperwork to Buy all BORKs held by investors in this company such that all BORKs held will be replaced with a cash equivalent $0.0001 for each BORK.
This will accomplish for John Bourque his "I am Kryron. I am Bourque Industries."
Then "Surprise Surprise" the new privately owned Bourque Industries will obtain success.
Yes, almost as if the means for success in the public Bourque Industries was present prior to the stock buy out.
John Bourque will then give the middle finger to all those that bashed him, including those that didn't.
Whatcha gonna do.
Whatcha gonna do.
When John Bourque comes for your BORKs.
Actually, what can you do?
Answer: nothing
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Sometimes, no news is the news of the null activity value.
I have observed a number of new protection products which use carbon based materials for strength and penetration resistance. I wonder of JB is keeping up with those advances. It looks like we will not be told the answer to that question.
Is BORK still functioning at any level? Based on previous contacts with JB, I anticipate JB is still active in the pursuit of products. I don't know if anything he is doing is being done within the framework of BORK, and not outside the corporate boundaries.
Some are not absent as it may seem to readers of this thread.
Can you sell your BAM shares, so as to declare a lost? Even so, I'm sure the Chill would prevent any Buyers from buying them. Guess it depends where they "exist," as the paperwork you have on their purchase should display how they were created.
The BORK glass is 99% empty, and maybe 1% full if unexpectedly Bourque Industries has already accomplished positive movement towards success but John Bourque has decided not to make that fact public.
Seems we are not Current, but
That seems to imply that John Bourque and the John Bourque Board of Director Puppets have a "No Confidence" rating and must decide if Bankruptcy or selling the patents for pennies is the proper avenue to take.
Once again, John Bourque will take a failed Bourque Industries to his grave rather than relinquish his total control and have Bourque Industries obtain the ability to move this company towards success.
douh
OUCH. . . seems as EVERBODY has JUMPED SHIP. Pumpers and Dumpers have stopped attempting to move the PPS ? or ?. . . Even the Milk Man is mostly absent. . . ugh! I DO have a question that some of us may need some actual facts, since tax season is HERE! There are some of us that are holders BAM share[s] . . . what sort of documentation do we need to 'deduct' those dollars as a loss on our Tax Return? Any other tax loss related info I am sure will be appreciated by MANY HERE.
?REGARDS?
KZ Mike
Rumor has it JB's armor is lacking in properties and cost, with this.
https://armorforgeus.com/
Rumor has it JB is involved with this?
https://armorforgeus.com/
As I looked through some of the 2022 Posts, I saw predictions of Bankruptcy to something of short of a 'miracle' BORK comeback. NEITHER happened as far as I am able to determine, if there is something I 'missed', anyone with some solid facts, please 'fill in' any missing details.
One or two thoughts did occur regarding a bankruptcy, whether or not they are accurate:
1] A bankruptcy could be a positive 'move' to protect some 'residual' value of some sort
2] Bankruptcy requires some monetary value to achieve
IF accurate there seems to be a circular problem in achieving bankruptcy. . . ?Bankruptcy in for BORK could/would 'protect' the Kryron 'formula/process'? ? Having no cash or funds Bankruptcy can not be achieved ?
If Bankruptcy is achieved, would the BAM shares become a zero sum 'item' OR are they independent on the BORK disposition in Bankruptcy? There seems to be MUCH LESS [aka zero] information/discussion regarding the BAM Shares issued.
Excellent graphic. Some clocks run for hundreds of years. Sun dials seem to never quit.
Perhaps the very ultimate insult after losing 99.8% on this “ investment “ would be after many many years of hoping one liquidates all their BORKs only to discover that John Bourque was able to deliver Kryron products and make Bourque Industries a success after these ten years of no communication and apparent permanent failure. For those that have exited Bourque Industries this way, it's best that they erase the existence of this company from their awareness, else obtain the outcome of success here where if they kept their shares they would have obtained not only their investment but in multiples as thought would be the case in 2011. Knowing human nature, I'm sure these folks were not able to remove from their awareness the status of this company and held a strong inclination to observe Bourque Industries never to obtain success. For me, I decided to hold all my shares to "the end" and accept a total lost of my investment rather then obtain a fraction of my investment and then make a discovery that if I held I would be holding holding valuable BORKs. Thus it's better for my mental health to hold and curse John Bourque rather then dump all my BORKs for a fraction of my investment while each day I hope and pray John Bourque can not deliver success to Bourque Industries. The ultimate insult is on those that need a permanent and final BORK going to zero as that experience in itself is a lost greater than an amount of cash they lost. Investing in this company is different than other penny companies where one easily "moves on never looking back" as it's "personal" because of the John Bourque factor.
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True, the ultimate insult after losing 99.8% on this “ investment “ would be to owe the broker $25 to sell it, lol.
I keep my shares as wall art and wish JB well in whatever new illicit activities he’s cooking up .
I suspect it would cost more to sell those 10,000 shares than what you might receive, if you use a non-commission based trading platform.
I keep 10,000 shares as a gentle reminder to myself to never again invest in a startup with a convicted felon who is the CEO .
I forgot I own this piece of crap.
Yes, "maybe there will be happy news for BORKland" would be a valid prediction only if your last visit with John Bourque was "satisfying" in regards towards obtaining information that Bourque Industries was having positive developments occurring towards making this company successful.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169192296
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Notwithstanding all the well deserved down trend observations during the past, I hope the the arriving holiday period is pleasant for all present and past BORK shareholders. Who knows, maybe there will be happy news for BORKland.
I DO NOT believe this from any 'angle'. #1 JB does NOT have a clue or perception on how to go from one successful step to another from a management perspective, a production perspective, or any sales prospective, or product/production perspective. He has failed in ALL critical components for success. I visited BI and his crew dozens of times in both all his locations in AZ, four of them. I saw the product sample that was sent Pratt & Whitney. . . it was NOT close to any of their requirement and was not surprised that they rejected Kryron. . . When companies were making inquires as to production Quality Protocols, there were NONE. . .As a former Quality Control Manager in the aerospace industry, I offered my help/experience to fulfill that and was TOTALLY IGNORED.
Through ALL my visits, I never really could conclude that Kryron was real other than its capacity to stop a 50 bullet, which ought to been something that BORK should have been able to build a viable product to compete in that market arena. HOWEVER this was not possible, IMO due to an excessive cost of production. Hard for me to imagine, as the aluminum was sourced using aluminum soda and beer cans, and the carbon [nanotubes?] seemed to be derived from charcoal briquets used for BBQ's. . .
JB did have some very capable individuals working for him from time to time , but it seems JB NEVER follow many or any of their suggestions as I did chat with them on this topic.
Whatever that other component actually was/is, it pushed costs high enough to NOT ALLOW for enough production to be competitive in body armor market.
SO, NO, BORK and JB could NOT have be come a success story and as we know now. . . IT IS NOT a Success to this day and won't because of any patent infringement and to my knowledge, there NEVER has been buy out offer based on any patent.
Regards,
KZMike
BORQ could have been a success story.
It's very very remotely like the guy who invented variable windshield wipers. He sued the automotive companies for patent infringement. GM (the first sued) offered him $900 million to settle out of court. The guy refused. (He still had Ford, Chrysler, American Motors). He went to court and lost. He could have been a multi-billionaire, but he refused to settle and ended up penniless.
Anyway very very very remotely like.
WOW. . . two weeks since the previous post. . . day traders are leaving as interest wanes with little action and less interest from us 'old timers/believers' seems to be forecasting the 'end game' for BORK. I have NO IDEA what that will look like and really don't care, but am a bit curious as what the 'end game' for JB will be with regard to BORK.
My other thought is that even WITH proper marketing and 'average' quality management, would Kryron live up to the presumed 'hype'. ??????????????????
Had Kryron had really all its 'magical' properties for any of its presumed applications beyond armor vests, IE: electrical wire, heat sinks, battery plates and any of the other potential applications, would the current out come still bring us to this POINT. . .????
I think NOT, Tesla, or those involved with Space-X or Virgin would have latched on to BORK making JB an offer that he could NOT REFUSE. . . My opinion now rests that Kryron was/is a fraud, much like the Gold recovery scam that gave birth to the Kryron Myths.
Regards,
KZMike
Check out the volume for BORK this year 2022.
low low very low
lower than the lowest of the lows
Meaningless ?
No, as it's a statement of how Bourque Industries is viewed by the investing community.
Bourque Industries is a scam.
Only use is for the day traders to flip for lunch money.
Once the day traders move on to the next penny scam BORK will collapse to .0001 or bankruptcy.
Don't think so... ask John Bourque.
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Did my recent post to you...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169672867
... displays wisdom and sound logic ?
Doug
As is his custom. KZMIKE displays wisdom and sound logic.
As usual wise and LOGICAL words from a long-time investor. . .
I am always taken aback a bit when I read some of the posts here that keep predicting high expectations of 'huge' increases in the PPS despite the zeros following the decimal of the current PPS.
IMO this company will NEVER amount to much until the 'news' or can provide actual sales that provides at least 3 digits on the opposite side of the decimal point.
KZMike
Will the Inflation Reduction Act of 2022 affect Bourque Industries ability to obtain sales and revenue ?
Assigned $369 billion to the mitigation of climate change over 10 years by making electric vehicles more affordable, developing clean energy and improving energy efficiency in everything from home appliances to industrial processes.
Bourque Industries always touted Kryron as improving the efficiency of conductors for the transmission of electrical signals and power.
Also, improved efficiency of batteries and Heat Sinks etc. etc.
https://kryron2.wixsite.com/bourque/applications
One would expect a flood of requests to qualify for some of that $369 billion.
But Bourque Industries has zero proven products "out there," just hype about them, so perhaps established manufactures of existing products can introduce the hype of Kryron to upgrade and increase efficiency of existing stuff.
One possible way John Bourque can have his cake and eat it too is to engage an established manufacture of alloys to upgrade (modify) their process to be able to make Kryron alloys and obtain revenue to cover that cost and the cost of obtaining the materials to generate Kryron versions for another manufacture to make the end product like transmission lines. Here John Bourque keeps his majority share holding ( no shares given out) that keeps John Bourque in total control of Bourque Industries while obtaining revenue for allowing others to make Kryron.
For sure Bourque Industries would be a billion dollar company with BORK raising into the hundred dollars if an investor gave Bourque Industries that 100-m John Bourque wants so as to allow Bourque Industries to "do it all."
But reality of today is...
"look at years gone by for a clue [of current] behavior"
Current behavior of Bourque Industries (John Bourque) is identical to all years gone by.
Zero indication for change.
So, have I written anything with any great consequence?......no.
However, the logic is sound.
In speaking of Bourque Industries there are frequent posts of John Bourque and there a references to years a decade in the past. I have seen it said that one things cannot be different now because everyone knows that a leopard cannot change its spots, and you cannot teach an old dog new tricks.
I am pleased to know that when talking of BORK or Bourque we are talking neither of leopards, spots, canines, or circus tricks, but one or more humans who have the power to change their own environment, behavior, and character. So one may look at years gone by for a clue and indication or estimation of current or future behavior, but those are just guesses. Who is BORK and Bourque today and tomorrow? Do any of us actually know? Can we prove tomorrow by decade old data?
I am confident that those currently owning BORK stock would prefer to see the company survive in abundance.
So, have I written anything with any great consequence?......no. However, the philosophy is logical and sound.
They still own the patents- whether anyone wants to admit that or not- and they still have all of the potential
The timeline is in their hands. I’m not someone that was here 12 years ago- so I get the scorn of what was and what should have been.
But to discount even the potential of an OTC company with a favorable share structure and prospects for success would be to sell it short. It’s the OTC- if someone farts in Toledo at the right place/right time, then you can see big gains for an OTC company
Perspectives my differ, but the reality does not
Correct, There have been investors, and most likely still now, that understand the incredible potential of this company, but John Bourque will not trade for the large (100m) investment cash in shares in this company that would remove John Bourque have complete control with his majority share holdings. Once again, the Board of Director Puppets will be held responsible even if Bourque Industries become successful as they will be held accountable for the past ten years that Bourque Industries could have returned value for their investments. If so, the Board of Director Puppets will forfeit all returns on their share holdings.
i don't think so. 12 years ago the potential was incredible but JB couldn't let go and earn the company $millions and $millions
Grab some popcorn- settle in- the wait will be worth it…. Even the prospect of good news could be good
Up big already here- even at these levels
Any hint of a catalyst in the OTC sends this
As the company continues to now file timely quarterly fins on otc marketers, doesn’t that seem to make it less likely that they would go bankrupt? I mean follow my logic- they pay money to file fins to stay current over and over
Whereas- there are plenty of other OTC stocks on the expert market that won’t drop a dime to stay current. Those companies look bankrupt
Then again- not all of us can proudly beat our chest and declare that we have been on this board for ten years. Maybe there’s an award for that? Honorary deputy? A participation ribbon? Jelly of the month club membership?
The potential here continues to be incredible
So what's happening here??
I never understood how someone so seemingly smart as you could be so suckered in by this stock?
Have I taught you nothing??
Ten years of missed opportunities to make cash.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169568138
I'm considering to "play" BORK using the mindset that Bourque Industries will continue to be a stagnated company, as it has been for the past 10+ years with no sales, far into the next many years until that element which has keep BORK alive using a manipulation process to keep BORK afloat with it's head just above the water line knowing that it's nature tendency is to sink to the bottom.
I'm sure John Bourque and the Board of Director Puppets have been that which has maintained Bourque Industries available for trading even-thought this company has no ability, itself being comatose and propped up with a zombie company web site.
Look at the 10+ year and last 5 year charts.
One could have flipped BORK hundreds of times between near zero and 2¢ for decent percentage returns. But to obtain a worthwhile return in the hundreds of dollars one needs at-least a million BORKs available to Buy and Sell. Today it looks like $5,000 to purchase that one million BORKs at $0.005 could start this process. One year ago BORK was at this low level.
I guess I could use 1 million of my 2.8 million and start now, or wait for .005 to happen, or wait for the destined .001, or is it .0001.
This link/patent does NOT seem to have much of anything of consequence to ANY of 'US' that have been following JB/BI for these many years. . . if there is something of consequence for 'US', Please enlighten those/everyone of us that missed the point of the link you presented.
Regards,
KZ Mike
PS The wife and I are in the NW of USA and are NOT missing the temps in AZ.
Blast Off Failed
For the patent you referenced, no mention of John Bourque or Bourque Industries.
Tuesday, July 12, 2022
From: blastin
Post#28528
Well this should get you all going smile)
https://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=31&f=G&l=50&co1=AND&d=PG01&s1=%22body+armor%22&OS=%22body+armor%22&RS=%22body+armor%22
Blast Off
Others can travel that wild goose chase to decided the following...
... read the patend...
- is Bourque Industries cited ?
- is the name Bourque expanded to John Bourque ?
Once upon a time John Bourque created a worthless patend,
and unsuccessfully tried to sell it to Bourque Industries...
for... wait for it... million(s) of dollars.
O, I almost forgot... John Bourque developed the patend...
wait for it... while in prison.
Ha another worthless patent
once upon a time... basalt fiber
In 2010 Mr. Southworth founded Basalt Fiber Technologies, LLC. a new technology associated with converting volcanic rock into fiber. Mr. Southworth has joined the team of Bourque Industries and their associated companies due to the complementary technologies of both companies and their synergistic markets and applications
ok everyone... let us all
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