Just as a FYI, BORK has not gone much beyond, protocols/processes for the production of body armor plates, poured castings, plasma spray, or machined parts from castings.

The BOD is taking the quickest route for revenues, so the focus is and will be on those current 'available mfg capabilities'.

The the recent addition of technical personnel as, noted in the PRs we've seen, will necessarily follow that focus, but at the same time will likely be working on expanding the product line via testing of materials, as an example, for electrical components. . . heat sinks, bus bars etc.

We should not be expecting a quick fix, for the purposes of PPS only as has been suggested to 'bail out' insider pps sales. . . but expect measured progress with little or no info as we are seeing. BORK is NOT pumping out fluff PRs for PPS support.

Further more, with the restrictions/conditions on Ironridge, their need/desire for profits will support this approach. Ironridge is not in this as a non-profit and DO intend to maximize their invested return.

I would agree with the fact that most all the deals/sales prepared by the sales force prior to JB being taken out of the picture were sabotaged in one way or another by John Bourque himself.

The few sales that did take place [some to members here] have been well received and some repeat purchases, due primarily to a single individual in Washington State.

Currently there is an ongoing change/evolution to a total different sales approach at B.I. Work at BIW as well as others are being structured. Sales support data/material is being put together to support these new efforts

Regards,

KZMike

Despite the negative opinions, there are distinct positive facts that as a sub-tier supplier Kryon could be utilized in this armored vehicle.

There is scientific evidence [NIJ Certification] as well as independent testing done at Oregon Labs [we've seen invoices from this company posted here] that proves the superior characteristics of the Kryron Armor. You can find some links to video clips in the Intro as well. There have been at least 2 or 3 upgrades [stronger lighter & less expensive] since the initial NIJ certification, which has been substantiated by the independent testing.

Several posts have been made, in the past here, indicating that some Special Ops in the US Military have some Kryron plates. . . these posts coming from Ex members of those groups. It has been a while since seening this, so I'm not sure where this might stand at the moment.

Under previous BORK management there was a vacuum with regard to Marketing Kryron for DOD. or much else. The new board has contacts and a much higher 'skill' level for getting product to the point of generating revenues.

Most who are investors are quite optimistic with the changes that have taken place recently to generate revenues with the new funding available.

It will take some D&D on your part to sift through the info you find here [check posts and I-Box/Intro] and get a comfort level to make a decision whether to buy into BORK or not!

You will note, however, a few that are not convinced of the positive potential.

Sounds like I was on that trip. . .lol

A quick look through the link/documents, I'm thinking you may be correct. I see at least 4 employees being paid [one looks to be 'pre-stock reverse'] and other business related expenses.

The previous 2 links do look to cherry picked for supporting one side though the air charter does seem extravagant in retrospect/20-20 hind site. . . not a balanced view with out this link/info.

KZMike

GS. . .

I think this IS the case. . . putting limit orders out there on a GTC on the high end of the PPS range and selling a small % of the 144 shares.

The down side might be that this 'strategy' would likely limit upside PPS, for the relative near term unless the news is HUGE creating HUGE demand. . .

Makes more sense than any other scenario we see here.

I've not been following this debate as closely due to time constraints. . .

I'm really surprised that all the over the top allegations and personal attacks made against the Schissler's. . . from the length and repeated allegattions I would have thought some sort of massive fraud had taken place. . . WOW!

Thanks for the perspective and reasoned analysis. . .

Just as a added FYI. . . I was there also late last year, and there is also equipment that allows for the carbon nanotubes to be 'generated/created'. There is also some milling equipment that sometimes is used to finish plates.

There is no reason to believe anything of this sort of equipment would be stolen as it is quite heavy, difficult to move and does not have much value on the 'market'. . . very small niche' market for this sort of equipment.

As PULPITO explained, most all of the armor plate mfg was/is being outsourced except for the final assy process of putting fabric over the plates, etc. . .

Basically the 'mix' put together at Drexel then sent for outsource mfg into plates.

MQ>>

Thanks for the Basic 101 accounting synopsis on how dividends are dealt with from an accounting stand point. It certainly clears up the confusing information we've seen here.

This gives credence to the fact that Ironridge is at risk and likely is not going doing this to loose $$$$

KZMike

Which proves the Point made by MQ. . .! Dumping more shares to pay the interest PLUS the principal can not, over the life of the loan, create $$$$. . .

Contact me please
KZMike.bork.blog@gmail.com

Regards,

KZMike

Nothing new there except inaccurate information and some conjecture.

There is a set/limited number of shares. . . Would you care to provide a realistic alternative, MOVING FORWARD [we know the history] from where we as shareholders would have a better chance of recovery for our PPS.

K
Z
Mike

You'll find answers in the I-Box or a quick review of today's posts will get you caught quickly up without having to repeat today's posts a second time

In the I-box > Top left and bottom center > June dated links

At this point in time, there likely are very few, if any, that are invested or hold BORK Shares opposing the newly announce Preferred Share funding mechanism.

With relatively small dollar amounts being put to use at BORK, there will be much less chance for funding mis-use

"...announced today that Sean Floyd, interim CEO, resigned his position from the company."

There is nothing to suggest. . . "but stayed on in some other capacity".

IMO, anything else is pure conjecture. . . as much as I would have liked Sean to not have resigned, the reality we are left with is that he is not at B.I. and we are deluding ourselves until and IF we hear something different from B.I.

KZM

Thanks Market Cap. . . much appreciated info

KZM

Missing a digit in the link . . .

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=102905

The last digit [5] was missing. . . that link as posted are the amended by laws

This should help you out Steve. . .

KZM. . .

Alvie. . . I believe you have read the complete public record, as I have, that has been available for all to read.

It does indicate that JB was NOT allowed legal counsel, but instead was allowed to have 'a person to assist' JB. . . not a lawyer.

JB was NOT allowed counsel for 'technical reasons' for this particular trial and those details were not disclosed during the trial for which public records were available.

From what I understand from all the previous court appearances, JB was 'manipulating' legal counsel in various 'legal efforts' and delay tactics to keep the DUI charges from going to trial.

There were several efforts to get the DUI charges tossed out of court, but the Judge tired of all the manipulation[s], mandated the trial to begin, with JB having 'forfeited' his right to legal counsel, due to the previous 'manipulation efforts'.

It all sounds a bit bizarre, but JB is where he needs to be because of his repeated disregard for 'the rules of the road'.

Good Grief. . . only 4 months in AZ for as many offenses he has had. Let' s hope this WILL NOT be the case!

I do think however, that since he is making arrangements for appeal, it may be that JB knows that he will not be out in 4 months and feels his only option is to appeal the conviction.

KZM

With all of the allegations that have been made here, and if there is any strength of truth to them, I can not understand why there would NOT be any reporting of said allegations. . . especially by those who have made the allegations.

I have no doubt that you would make a report if know of any knowledge or information of the on going robbery you reference. As such I'm sure there are others as well, may have done so. . . so I'm not sure why you think "it" has not been reported.

K
Z
Mike

JB's paranoia shot down every negotiation that I was told of. . . and then some.

The FORTIS deal never actually happened. . . at first JB changing aspects of the deal, then later on Fortis changed what they were willing to do. Nothing ever came together.

Not ever having any contact with JB, I felt the same way that one person could not do so much damage and sabotage so many deals. . .

Then last year I was getting stories of investors, whom I know, that had contacts with JB. . . it became obvious that indeed this was the case. I got the same story from every person that I talked to about this.

You don't need to believe me as it is not that important to me that you do. . . your previous posts tell me what I need to know on this. . .

Regards
K
Z
Mike

That can be easily answered with two letters JB

I have personally had contact with several investors who have recounted that JB's behavior literally sunk several contract negotiations for substantial orders. . .

I have also heard from second and third parties where JB 'blew up' several opportunities for testing with follow on sales based on those tests. . .

The few sales that have occurred, happened outside of JB's influence.

This routine went on all to long until everything caught up with all the mis-fires for contracts, etc and we find ourselves in the current reality.

NOBODY is pleased in any sense of the word. . .

K
Z
Mike

Rijbak. . . the Cert is listed on the NIJ Site. . . it just takes a bit of 'digging' to find it. . . Be sure and scroll down all the way



I posted a 'view' of it in the I-Box. . .

K
Z
Mike

I will take Oregon Labs testing results that were Certified and sent to NIJ over your scientist friend's, speculation about the so called "psuedo-science hocus-pocus baloney". They don't agree either

My understanding is the FatBoy Plate is pretty much all Kryron, other than some material to capture 'splatter' and does demonstrate the ability of Kryron to stop projectiles on a stand alone basis.

I do agree that more detailed testing needs to be done for other applications. There were some test done at a GE facility that provides some 'tantalizing' numbers for electrical uses, although more is needed as you point out.

KZMIke

As I recall. . . the cost for the previous NIJ certification for the FatBoy plate was 200K+/- Fees for NIJ, plus testing at Oregon Labs.

Take away the NIJ Fees/etc and testing 'similar' to NIJ comes in around something way less than 50K. . .

I do know that some NON-NIJ testing has been done on some of the 3rd gen plates and maybe 4th gen as well with exceptional results in each case. . .

What I wished I could find or figure out is what happened to the plasma spray testing that was going on last fall. I know that preliminary results were SPECTACULAR and much better than expected. . . I can only guess, at this point is, that it may be cost prohibitive or JB put his magic touch on those prospects as well.

K
Z
Mike

The mere suggestion of a reverse split in B.I.'s current 'condition' is just a piece of 'fools gold' from the aquifer at Eloy and any attempt to convince other wise is as you say "This is all smoke and mirrors" and NOTHING more.

Just as a FYI, what was the name of that company again?

KZM

I think for most of us, due to average PPS, we do not have other 'real' options. Dumping now is not good under either option sell @ >> 0005¢+/- vs .035¢+/-

KZM

RE:The lock-up agreement not being disclosed fully.

I do NOT think this item is an impediment. . . if disclosure is a requirement for funding then that is very easily done in a private setting.

The so call fact, that the disclosure agreement has not been fully disclosed to the public, does not preclude it from being disclosed as part of the funding arrangement to those providing the funding.

Regards

KZM

Rijbak. . .

Your info/conjecture is a good as anything one could contemplate at this point and find little to dispute in light of any other 'suggestions'.

Today's PPS is interesting/confusing/understandable/none of the above. >>?<<

Sorry . . . NOT True

If your implication is that Sean originated/configured those changes to the Kryron himself, on his own, then you are mistaken or have been misled.

Kryron Body Armor plates are in their fourth 'generation' which came about last fall while JB was tinkering in the lab.

I've seen all four next to each other and the changes are substantial for the user. A major 'improvement' in the plates are cost related

One of the 4th gen improvements was an improvement/change in method to create/amend the procss to reduce the cost of producing the carbon nanotubes and the Kryron plates themselves.

If I were to guess if Sean had any impact on the 4th gen plates, and give him some cudo's for any impact, then it might have something to do with the nanotube extraction/cost factor. . . or some other manufacturing cost reduction protocol.

K
Z
Mike

You have not missed anything. . . virtually all the so called facts that are presented here over that past few days [and longer] are. . .

>> based on Conjecture as to what is NOT known by the lock up statement.

>> based on Conjecture due to not having any PR's released recently.

>> based on Conjecture of not knowing the details that JB and his Lawyer may or may not have agreed to certain unknown actions based on certain unknown circumstances.

>> based on Conjecture on not having unknown test results in hand

>> will based on Conjecture of previous and/or future unknown facts that can be utilized to any number of agendas. . .

I'll be the first to admit or propose that a 'positive' dialog of 'facts' could easily be manufactured using the same conjecture. . . I choose not to do so.

One thing that has confused me here. . . Either JB has control of the patents or he doesn't, either he alone knows how to create Kryron or he doesn't. . . and in ALL instances this is being purported as facts that are bad for share holders. . .?????

K
Z
Mike

Winter. . . Thanks for the well thought out and sensible posts you are providing here. . .

It is difficult to understand statements that admit to not having the answer and in the same sentence, state a presumed fact based on pure conjecture. . .

"If you could see the whole lock up agreement, although at this point we already know it is BS"

This make no sense and has no logic. . .

KZM

Again, information that can not be verified.

I've been in touch with several lawyers on this 'issue'. There is/has been NO Problem wlth the less than 3 dozen +/- 'original' BAM investors. 'Dated' Un-Restricted CERTIFICATES have been issued.

I can not vouch one way or another for anything beyond those original BAM investsors.

K
Z
Mike

I was just thinking about you a while back, remembering some of our 'discussions'. . . I must admit that a large % of what you posted had merit.

Thanks for the Info. . .

To recap your info. . .

Here are the links with their direct address and # contacts:

www.socom.mil/sordac/Pages/SmallBusiness.aspx

USSOCOM Office of Small Business Programs (OBSP)
ATTN: SORDAC-RA HQ OBSP
7701 Tampa Point Blvd.
Macdill AFB, FL 33621-5323
smallbusiness2@socom.mil
(813)-826-9475
(813)-826-7338
(813)-826-9489

The P.O.C. for SORDAC(Special Operations Research, Development and Acquisition Center) is;

Ms. Lisa Sanders
Deputy Director,
Science and Technology Directorate (SORDAC-ST)

The P.O.C. for TILO (Technology and Industry Liason Office) is;

Mr. Chris Harrington (USSSOCOM Director, Office of Small Business Programs and TILO)
tilo@socom.mil
TILO Hotline (813)-826-3200



KZMike

I believe there have been a couple of posts here indicating CS was not taking BORK Certs, but that has been a while ago.

With the DTC chill I don't think that has changed, however.

Regards
KZM