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I'd bet that BORK will be sub penny inside of 30 days.
People don't file charges, people and businesses file complaints from there charges are filed by the appropriate agencies, this is a common mistake.
No municipality of size is going to deal with bORK in its current state, thank about it, the CEO is going to jail, there are additional allegations of criminal activity (they don't seem so far fetched), stock from over 2 to .08 in a year, no ability to manufacture, no news......nothing but CHUCKLES.
The armor might very well be the best out there but it really doesn't matter because the business is the worst I've ever seen.
HI GOTMILK,
Your theory is a very real possibility I have a tough time believing that some looser with 2?, 3?, 4? DUI's ???? is smart enough to pull that off.
BUT YOU COULD BE CORRECT.
Fair question but to be fair I think the product is real however JB has driven the company into the ground, has lied to everyone about everything and has driven the now consistent stock price to under .10 sends alarm bells ringing and rightfully so.
The product may be real but management has proven themselves incapable of execution.
I think nothing that JB, CHUCKLES or any of the executives say happens. They "leak" information that can't be verified so with the hopes that people dont destroy the stock.
The Reason for sub .10 bid pricing.
The reason JB wants the stock price at less then .10 BID is that most clearing houses won't take penny stock certificates that trade at less then .10, THERE ARE A FEW but they require upfront fee's and a DD process that can best be described as unreasonable in addition to a one to three week hold before trading is allowed........and yes all losses are the stock holders problem during that time.
Good Luck
In an interview JB gave he stated quite clearly that his plant would be in Tuscan and Tuscan only to help the local economy and "give back"......LOL
Like most thing he states this a total LIE.
Since then we have heard, Tuscan, a secret location protected by the US Military IN MEXICO and now its Florida......
I'll bet next week it will be the moon.
Has anyone else seen a pattern here?
Its obvious that Sean is a waste of time he has not honored a single commitment he has made and refuses to answer some very basic questions about some bad information he spread publicly....the JB jail mess.
We've finally cracked the .10 barrier and things don't look good once the dust settles from this the stock is going down......
As for the pattern.......he stock drops...everyone screams...then acceptance sets in so that further drops i price happen.
John Bourque is a lier, drunk, felon and cheat.....what were we really expecting from a person like this?
Sean Floyd did not keep his word, is young and lacks experience.....what were we expecting from this?
Hope doesn't build a company.....work does.
Ouch, I could see problems here.
I have a few other statements/concerns/questions though:
1) Income......ahhhh 14K, its pathetic, what happened to that major distributor? and multiple sales contracts? The gross margins look a little weak as well.....
2) Why is the number associated with equipment so low???? This should easily be in the millions??? What happened to "building inventory"? And why is the factory vacant when JB, in his sporty little lab coat, explains his product for the Discovery Channel???? Did it even air???
3) What is the Swiss Dynasty Trust? that has a huge stake in Bourque????
4) Sean Floyd....100K shares...why so cheap???? So we have a free website, very cheap employment package......It looks like Sean needed a place to work because his business was failing as a result of the recession, ATL's package is something thats offered to desperate people........what ever happened to all that transparency that he promised????? Not compromising his integrity????
Are these clowns capable of doing ANYTHING they say?
The product is better...I believe that also but who cares what we believe "we" dont matter, the opinions of the people that make decisions regarding purchases matter. When you have a CEO thats going to jail, no distribution, stock price from 3.00 to .09 (near the all time low), no manufacturing capabilities of scale.......its the same story different stench of the same BS.
Who the hell is going to have any faith in an operation like that......
Chris from FORTIS-US brilliantly explained why a "better" product is far from a "successful" product, he's obviously a hard working guy with integrity, he also told us in a subtle way to keep our expectations in check.
Anyway this is the same old story, quite frankly I'm getting bored with BORK.
Ahhhh......I don't think you understand what's going on here.
Bork just signed a "bad" deal to settle debt, arguably they were forced into that corner but it was NOT a good deal.....the entity that bought the debt needs to mitigate the risk associated with such a high risk transaction so to do that volume needs to go way up....so :
1) BORK signed a bad deal and gave up a substantial amount of stock.
2) Just after that deal is inked volume heads WAY up....this is no coincidence.
WHAT TO EXPECT:
WITHOUT REVENUE BORK SP will slowly erode over time until to company is history.
We are well beyond the point of "good news" helping stock price now we need REVENUE and only REVENUE will save the business.
KZ:
No I didn't but I will in due time once/if BORK starts to act like a business that going to be around for a bit, that cares about its sharholders and can support its product.
I did mention the name of the company BORK and this is the response I received today:
"They have a long way to go"
The rest you can imagine......something like "penny stock scam"?
Thanks for the update I saw this yesterday, it's certainly not as bad as what we were lead to believe when this first came to light.
FYI: I talked to a senior member of the Chicago PD yesterday about this "new and improved" body armor and here are a couple of the Highlights:
"There hasn't been one case where armor failure has resulted in the death of a police officer"
"it looks interesting"
Chicago is my current and hometown, my ego aside Chicago is the most corrupt city in America and certainly one of the most violent and they're not so excited about this "revolutionary product".
Hi Pacco:
I certainly agree with most of what you've said and I think SEAN will likely be named CEO once JB goes off to jail.
I think SEAN will make a good faith effort but as you stated this will prove to be fruitless, he won't be held liable for any past SEC indiscretions in a criminal sense though that wouldn't be just or fair.
It's unclear if any violations of law even took place.
Cheers
We have all hear about "having faith", "chuckling" because of all of the great things that are happening, how management changes will help, future promises of updates, orders coming in.......BLA BLA BLA
All of these statements are nothing more then LIES....EVERY action taken has lead to one thing and one thing only..........A CONSTANTLY FALLING SHARE PRICE WITH NOTHING POSITIVE IN SIGHT.
I think its fair to say that this SEAN hire was smoke as well.
Actually if you were to call those REAL companies and ask to speak with the VP TO THE CEO in the PRESIDENTS OFFICE they would laugh at you, because no such job exists.
REAL COMPANIES DO'T NEED GRANDIOSE TITLES TO SOUND CREDIBLE.
BORK and FAIRHILLS CAPITAL
This doesn't look good:
http://www.sec.gov/news/press/2012/2012-165.htm
Although the above noted case is civil in nature criminal charges could follow and likely will follow.
I would certainly hope so, this is still pretty basic.
800K in Debt? What company bought the debt? With this we can gauge what we are in for.
So he's back on the website.......where's the explanation he promised?
NO UPDATE IN 2 WEEKS AS PROMISED! BUT NO SURPRISE.
To say that broken promises don't matter is nonsense, with micro cap companies it very important....why because a little good faith can go a long way.
A good product is just the beginning of what is needed to build a successful company and quite frankly it's the easy part, good ideas and products are a dime a dozen, we all know that.
Lets have a closer look at the FACTS as we know them:
THE GOOD:
1) The product appears to be very good, I do believe that it's better then anything currently available, so with that there's hope but thats all.
2) ATL was hired even though his qualifications are average in the corporate world he seems to be a good guy with a good work ethic and thats far better then what we've seen to date.
THE BAD:
1) JOHN BOURQUE is an adult that has spent YEARS in NOT JAIL BUT PRISON for drunk driving and in a few months he'll be right back in PRISON for the same thing, the only people I know that have been in this situation are fools that can;t run a popcorn stand......so he needs to go.
2) JB has surrounded himself (the board, his so called executives) with people that have lied about there qualifications and have been selling stock with little to no buying....NOT GOOD.......they need to go.
3) In years JB has claimed that he's had "opportunities" to license his product and make millions...them WHY DIDNT HE? A) he was lying B) he's a greedy guy that doesn't give a dam about his shareholders.......NOT GOOD.
4) The news releases have been erratic and misleading, calling FORTIS-US a MAJOR distributor is simply a LIE.
5) There is NO real support for the stock,
6) There is no REAL PR firm associated with the company, not some fly by night shop that works for stock.
So I don't think asking someone to abide by the statements HE MADE is unreasonable at this point, am I really the only person that sees this?
ATL YOUR 2 WEEKS IS UP ON WEDNESDAY!
On the 9th of this month ATL stated that in 2 weeks his name would be back on the BORK website, well 2 weeks are up on the 22nd so this wednesday ATL should have an explanation for the smoke and mirrors show.
Since there is no viable reason for you to remove and repost your name and title two weeks later please explain why this was done.
Agreed, thanks for the truth it is appreciated.
FORTIS-US is a struggling small business and thats OK, I'm sure we wish them all the best but they were hyped up as a MAJOR DISTRIBUTOR, that is the essence of the issue with BORK
ALL OF THE LYING
DONT WORRY
if JB tries that BS, he will remain in jail on additional changes....like fraud.
He couldn't get away with that but given his history the question is very fair.
Here's the deal people.
If your average share price is 1.20 or more YOU WERE BORKED.....and the odds of making any money are infinitely small.
If your average share price is below that you have a chance but understand that this is still a very RISKY investment.
NO ONE SHOULD INVEST IN BORK UNLESS THEY CAN AFFORD TO LOOSE EVERY PENNY!!!
This is the harsh reality of our situation.
DEMAND RESPONSIBLE GOVERNANCE OF OUR COMPANY ANYTHING LESS WILL RESULT IN THE LOSS OF YOUR MONEY AND OUR COMPANY.
ATL's title is a joke!!!! and so are a lot of things at Bourque.
Why don;t real companies have such grandiose titles?
Because they don't need to misrepresent anything or mislead the masses....
Well put...ATL is no magician and again his successes in business are modest as is his education, the drastic turn around that was promised has not happened and now he gets to use the "I'm an insider" card........and again THERE IS NO LEGAL REASON TO REMOVE HIS ANME FROM THE SITE AND THEN PUT IT BACK UP.........any statements to the contrary are simply dishonest.
TO ATL: WHO TOLD YOU JB'S CHARGES WERE DROPPED?
TO ATL: HOW ARE YOU GOING TO PREVENT THIS FROM HAPPENING AGAIN?
Since JB is a CEO we need to know whats happening with his criminal case, anyone that thinks it's not our business is LYING to themselves and to us, have a look at the stock price of companies that have had there CEO's jailed.........it's not pretty.
JB is a lying dirtbag, WE ALL KNOW THIS so we need to let him know that no more of his games will be tolerated.
If he really wanted to make all of this money he would step aside and hire an actual CEO.......
We have all been hearing this nonsense for years........SMOKE AND MIRRORS.
Rather then "LETS SAY" where are the FACTS???
It makes NO SENSE that SEAN'S name is "temporarily removed" because of pending business???
If this company goes bust I think JB may have more to worry about then a fey DUI's. I can see several potential issues here.
JonE:
The SEC cares about the integrity of the post so while you are somewhat correct you aren't telling the whole story......if BORK had 3 orders.....thats news....Its only artificial when the news is trivial or inaccurate.....and you know that.
I have ATL's bio/resume it was sent to me, I'm familiar with his father the "CEO of an international company" and everything I have said is 100% accurate. His successes in the business world are modest, his successes in Corporate Finance are nonexistent and thats OK, its better then whats been going on.
It does take time to turn around a big ship BUT BORK IS NO BIG SHIP.......LOL it's a very small pimple on the rear-end of the business world! Changes should be happening very quickly.
You say there are other personal changes? OK....WHO..... WHEN....WHY.....COMPENSATION????
ATL made those statements (about the DUI) not YOU so he owes us the explanation not you, if someone gave him bad info...who? and my questions still stand. If he's capable of running BORK he doesn't need you to fight his battles.
Marketcap:
Thanks for your post and while you are 100% correct BORK would never give up such information, instead they would site cases of espionage, claim they have the best product on earth, claim the product is worth billions.......basically continue to say what they've been saying. To get BORK to behave responsibly and properly would take nothing short of an act of GOD.
WIth companies like BORK (PK,BB) FAIRHILLS goes to the market with the stock they buy at a huge discount (thus insuring there returns with minimal risk) and is limited in size which determines investment amount, with micro caps like this REVERSE MERGERS rarely end well, most of the time it insiders lining up to sell and the expense of TRUE BELIEVERS that have been bamboozled by management.
Hold on a minute.......that story has a familiar ring to it.......where did I see this happen recently?
The cost of a PR is nominal so thats nonsense, less then 300
To say the the SEC doesn't "like it" when companies issue releases for "every little thing" is also complete nonsense....what the SEC doesn't like is PR that is known by management to be false.
ATL is one person......THATS ALL......I see a lot of people now thinking that this one person is going to save there investment or worse....make them wealthy....many more things need to happen the most important thing being JOHN BOURQUES resignation or incarceration.
ATL is just one person with some modest successes in his life and while that nice and better then what has been hanging around BORK any change is just that MODEST....
ATLs education is mediocre, his successes modest, experience is a little light (due to his age), his experience in similar business ventures is thin at best ....so where's the hype coming from???
I'm sure ATL is a great guy but such blind unfounded support seems like an act of desperation.
I have a question for ATL.....
ATL stated that all of the charges against JB were dropped, this statement we know mow is FALSE, has ATL apologized for this? Has he explained this? What steps will be taken to prevent this from happening in the future?
I think he owes us an explanation.
The problem with statements like these is that they are just that a guess.......
BORK CANT do business directly with the GOVT because they don't have the BONDING among other things required by law to engage the GOVT.
GOVT contracts are a LIE AND FRAUD.......wake up.
BORK could never become a prime contractor at the rate its going but heck at this rate they won't even get any orders.
ALL news released to date is just re-packaged BS.
1) The FORTIS-USA press release was a FRAUD the business ia a one man show that is close to being out of business, no sales, no website, no inventory...just a lot of hot air.
2) ATL gets hired......one guy that still answers to a drunk...this is a small step in the right direction but they need 6 new executives and JB needs to step down and prepare for jail.
3) And now BORK is suggesting that they will get business from some other company they received a contract....why???? does bork have a contract.......I think not.
These are very good points, GOVT contracts are very sticky, one of the biggest issues with GOVT contracts (fed, state, local) is bonding and financial solvency.....in short you need a lot of both.
You are correct, the fact that ATL was hired is positive but its only one step .......... many more need to happen in order for this company to be successful.
Most importantly a competent management team needs to be created.
This is one person that certainly has the right attitude but NO WHERE NEAR ENOUGH!!!!!!
So my original post still stands
ATL:
When is a seasoned, educated and accomplished management team going to be assembled?
How long will this take to accomplish?
When will factual news of substance be released to the public?
What safeguards are in place to prevent you from delivering bad information (the JB Felony DUI) again?
That would certainly be nice......but this mismanagement is inexcusable at this point and borders gross negligence......
This isn't about being RIGHT it's about making money................