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DUE DILIGENCE: SCOTT STOVER - The NEW BoD member is working for BORK SHAREHOLDERS !!
Read this and tell me he isn't one of the best and brightest at his position - I dare you LOL !!
http://www.linkedin.com/pub/scott-stover/22/b99/578
Oh man, just his business associations alone tells me we have the right man for contaacting the right companies working for us !!
Get it !!
LOL !!
DUE DILIGENCE: The BoD and Sean have SHAREHOLDERS best interest in mind ! Sacrifice for the greater good is one virtue few of us possess in full measure.
FACT: Sean has that virtue - in spades !!
I encourage all who have questions or doubt Sean to call or email him and the outstanding BoD. Read the resumes of the men on the BoD - ALL successful and acomplished.
Ask yourself: Why would these men of substance be working for a company $40m in debt (by accounting) if the PRODUCT - KRYRON - was not just an outstanding leap of technology and they did not have the CONFIDENCE they could turn it around ?!?:
Executive Management
Sean S. Floyd, Interim CEO/President
Sean.Floyd@BourqueIndustries.com
Board of Directors
Matthew L. Schissler, Chairman, Secretary
Charmaine S. Berry, Treasurer/Director
Raymond Humphrey
Brent Willis
Michael Kotelec
Joel Heffron
Scott Stover
Advisory Council
U.S Army Col. Curtis A. Mathis (ret)
Business Relations/ITAR and U. S. Military Relationships
Washington, DC
Kalman Blum
Domestic/International Business and Finance
New York, New York
Dan Reichartz
Business/Finance
Las Vegas, Nevada
Under restructuring …more to come.
GET IT ? LOL !!
DUE DILIGENCE: Board Member MICHAEL KOTELEC at BORK. Awesome addition and a serious power player !! GET IT !!
READ this and you MIGHT "Get it " and Mr. Kotelec's value to ACTUAL SHAREHOLDERS !!
LOL! !!
http://www.dhrinternational.com/consultants/consultantsviewbio.aspx?consultantid=460
Perhaps some don't GET IT still huh ? *** SO here's your chance !!
Enough said !
GET IT ? lol !!!
DUE DILIGENCE: Armor Plates WEREN'T DAMAGED - GOT IT ? LOL !!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87050903
"Just got off the phone with Officer Kevin Morris from the Port of Seattle Police Department. It turns out the plates were not damaged. The Box was damaged to the point to where when he got it if he turned the box on it's side the plates slipped out. THERE WAS NO DAMAGE TO THE PLATES !!"
Now, THAT is "DUE DILIGENCE" !!
So - FACT: Actual SHAREHOLDERS didn't SPECULATE and reach the wrong conclusion about a faulty "NIJ-06 plate drop test" or postulate that every officer owning BORK plates should get them X-Rayed... seriously now ?? LOL !!
SO - FACT: Actual SHAREHOLDERS didn't assume the worst about armor plates damaged just in shipping.
SO - FACT: Actual SHAREHOLDERS waited for more information based on FACTS....not speculation which is a good thing....
GOT IT ?? LOL !!!
DUE DILIGENCE: Board Member JOEL HEFFRON at BORK. Awesome addition and a serious power player !!
READ this and you MIGHT "Get it "and his value to actual SHAREHOLDERS !! LOL! !!
http://www.zoominfo.com/#!search/profile/person?personId=59260712&targetid=profile
Board Memberships and Affiliations
Board Member
DeFi Inc
Bourque Industries, Inc.
Member
Bar of the State of New York
Education
Bachelors of Law
New York University School of Law
Wharton School of Finance
Enough said !!!
GET IT ? lol !!!
DUE DILIGENCE: I’LL T-Y-P-E V-E-R-Y S-L-O-W-L-Y. Get it ?
LOL !! !!
ACTUAL SHAREHOLDERS and prospective Shareholders don't look back CONSTANTLY in the rear view mirror - what's done is done -
GET IT ? LOL !!!
SHAREHOLDERS don't expect miracles just NEW LEADERSHIP and a "Cash Infusion" - oh, like say, a MILLION dollars contingency fund - and DUE DILIGENCE - which we actual SHAREHOLDERS now have all three !!
http://bourqueindustries.com/
GET IT !! !!!
CAll:
Bourque Industries, Inc.
5333 E. Drexel Rd.
Tucson, AZ 85706
520-624-5248
email: contact@bourqueindustries.com
DUE DILIGENCE: I’LL T-Y-P-E V-E-R-Y S-L-O-W-L-Y. Get it ?
LOL !! !!
The NEW, PROACTIVE BoD and CEO have it ALL under control after only 2 months. Just as I’ve posted here for the last 2 months.
FACT: Experienced and successful MEN are NOW running BORK, guiding our Company to a prosperous future !!
Read the PR from 4/12/13:
http://ih.advfn.com/p.php?pid=nmona&article=57143646
The 3rd “Q” report PROVES it !! This is the BEST NEWS AND STATEMENT OF FAITH EVER about BORK’s Future Strength and New and Improved Leadership working for the ACTUAL SHAREHOLDERS !!
PAST: Wow !! Talk about putting your money where your mouth is !! The NEW BoD personally funding $1 mill. dollars for JB’s dealings and contingencies. Quietly litigate, negotiate, arbitrate, confiscate but do it Under the Law. As much as I might want it to, I KNOW it’s not gonna happen overnight and certainly not because I might rant and bitch somewhere out of willful ignorance.
Get it ? LOL !!
FUTURE: "Full Audit" 6 mo. process re-started with NEW BoD by OUTSIDE, non-affiliated CPA group to Remove DTC Chill, SEC compliance and Fully Reporting, NEW financing stepping up, NEW and improved armor products, NEW “NIJ-06” Ballistic Armor approval coming, NEW markets and NEW license agreements and NEW royalty payments achieved and received.
Get it ? LOL !!
http://www.otcmarkets.com/financialReportViewer?symbol=BORK&id=102905
Please GET THIS !! It's clear that some don't yet get it ...GET IT ? LOL !!
DUE DILIGENCE: $1,000,000.00 SET ASIDE by BORK Board of Directors. That speaks volumes about the strength in the FUTURE of BORK. Noone puts that much money onto a losing proposition !!
Get it !!
From the 3rd "Q" Report:
"As a result of this change in control of the Company, the Board of Directors directed the interim Chief Executive Officer and consultants of the Company to embark on an immediate review of
the financial history of the Company.
This financial review process is ongoing and not yet completed.
However, Management has determined it appropriate to record a reserve for contingent liabilities, based on the initial review
to date.
Therefore, As of April 15, 2013 the Company has elected to record a reserve for contingent liabilities in the financial statements as of February 28, 2013 of $1,000,000, to account for the Company’s potential liability for various unknown or unsubstantiated claims which may or may not be filed against the Company, and if filed, in which the Company might not prevail."
Please read the last THREE Press Releases about the NEW Board and the company reorganization and most importantly read the 3rd "Q" report.
No need to wait for answers to any questions posed anywhere !
Every question you or anyone has or might have is answered there.
Or please call Bourque Industries in Tucson and ask for Sean Floyd instead of seeking answers from posters on a message board.
Have a good day and welcome on board !
Get it ? !!
DUE DILIGENCE: Board Member MICHAEL KOTELEC at BORK. Awesome addition and power player.
http://www.dhrinternational.com/consultants/consultantsviewbio.aspx?consultantid=460
DUE DILIGENCE: I’LL T-Y-P-E V-E-R-Y S-L-O-W-L-Y. Get it ?
LOL !! !!
The NEW, PROACTIVE BoD and CEO have it ALL under control after only 2 months. Just as I’ve posted here for the last 2 months.
FACT: Experienced and successful MEN are NOW running BORK, guiding our Company to a prosperous future !!
Read the PR from 4/12/13:
http://ih.advfn.com/p.php?pid=nmona&article=57143646
The 3rd “Q” report PROVES it !! This is the BEST NEWS AND STATEMENT OF FAITH EVER about BORK’s Future Strength and New and Improved Leadership working for the ACTUAL SHAREHOLDERS !!
PAST: Wow !! Talk about putting your money where your mouth is !! The NEW BoD personally funding $1 mill. dollars for JB’s dealings and contingencies. Quietly litigate, negotiate, arbitrate, confiscate but do it Under the Law. As much as I might want it to, I KNOW it’s not gonna happen overnight and certainly not because I might rant and bitch somewhere out of willful ignorance.
Get it ?
FUTURE: "Full Audit" 6 mo. process re-started with NEW BoD by OUTSIDE, non-affiliated CPA group to Remove DTC Chill, SEC compliance and Fully Reporting, NEW financing stepping up, NEW and improved armor products, NEW “NIJ-06” Ballistic Armor approval coming, NEW markets and NEW license agreements and NEW royalty payments achieved and received.
Get it ?
http://www.otcmarkets.com/financialReportViewer?symbol=BORK&id=102905
DUE DILIGENCE: GET THIS ! Actual SHAREHOLDERS see the BIG PICTURE about BORK stock PPS rollercoaster !!!
DUE DILIGENCE about what the BORK PPS "E-Ticket" ride has been like:
- down to .25 cents PPS April 20, 2012
+ up to .62 PPS May 1
- down to .10 PPS June 12
+ up to .18 PPS July 20
- down to .04 PPS Oct. 24
+ up to .10 PPS Oct. 31
- down to .008 PPS Dec. 24
+ up to .24 PPS Feb. 5, 2013
- down to .05 cents PPS today - Whew !!
Shocking news LOL ! Some people can and do actually make money on the "ups and downs" believe it or not !! That's why it's called a "Stock Market"....
GET IT ?
SHAREHOLDERS will profit when OUR Educated and Experienced MEN on the BoD and Mr. Floyd achieve their goals as stated in the 4/12/13 Press Release.
Any questions about Bourque Industries or KRYRON alloys ?
Please visit:
www.bourqueindustries.com.
CONTACT:
For more information and to learn about Bourque Industries and Kryron applications, please contact"
Sean Floyd, Interim CEO: 1-877-379-6551 or 520-624-5248
"MerthyQ": Respectfully disagree. IMO, it's a part of due diligence as an actual shareholder. I've reached out several times as have several shareholders on the boards I post to (and not on those boards). I have benefitted from my due diligence, just like we ALL did from the efforts of "Rijbak".
IMO we owe him a debt of gratitude for his work re: the "Seattle Port Authority P.D.". We know the truth and we know he is IMPRESSED with KRYRON Terminator ballistic armor.
It's why I am so confidant in the future of BORK...I learn more about the customers and their satisfaction in the KRYRON armor that way. It's not completely spelled out in Press Releases.
e.g. SWAT Cmdr. Lewis of Collier County, remember ? How about "JBT Electronics", remember ?
The happy customer is flattered and more than willing to divulge as much as legally possible.
In some cases it is also useful for evaluating factual context. It prevents speculation from being presented as fact.
I would not want to be the type of person discouraging new investors or current investors.
Factual investigation and due diligence is a good thing.
DUE DILIGENCE: Armor Plates WEREN'T DAMAGED - GOT IT ? LOL !
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87050903
"Just got off the phone with Officer Kevin Morris from the Port of Seattle Police Department. It turns out the plates were not damaged. The Box was damaged to the point to where when he got it if he turned the box on it's side the plates slipped out. THERE WAS NO DAMAGE TO THE PLATES !!"
Now, THAT is "DUE DILIGENCE" !!
SO - FACT: Actual SHAREHOLDERS didn't SPECULATE and reach the wrong conclusion about a faulty "NIJ-06 plate drop test" or postulate that every officer owning BORK plates should get them X-Rayed... seriously now..
SO - FACT: Actual SHAREHOLDERS didn't assume the worst about armor plates damaged just in shipping.
SO - FACT: Actual SHAREHOLDERS waited for more information based on FACTS....not speculation which is a good thing....Got it ?
DUE DILIGENCE: Plates shipped today to Seattle Port Authority P.D.
FACT: Officer Morris was missing a (1) front and (1) back armor plate i.e. a full set for one. Call BORK and ask BI HQ like I did, an ACTUAL SHAREHOLDER if anyone doubts my post.
That is ONLY if someone wants to confirm FACTS and not speculation.
BTW - The original delivery tracking indicated that the plates and boxes were delivered complete and intact...wrongly it seems.
IMO - That sounds NOTHING like anything even remotely related to a BORK plate damage problem.
Got it ?
"Rijbak" - Thanks for your background and welcome on board !
I'm impressed with your "stick-to-it-ivness" to get to the bottom of BI's order history with "Seattle PA-PD". It's great to have someone post actual FACTS here and not just worst case (or best case) scenario speculation.
I too am a LONG time investor who has seen his share of ugly SNAFUS at BORK the last couple years.
Since the 4/12/13 Press Release - The new CEO and leadership on the BoD has my respect (as you can tell from my "DUE DILIGENCE" posts). I and a few others have done the background research on all of the new men working for us. Unfortunately, I have to keep re-posting that here to help new folks stay focused on the FACTS about KRYRON and the new team at BI. and not get distracted by PPS or other "speculation".
FACTUALLY speaking: With only a few minor exceptions everything about the BoD past tells me they know how to get things done and the BORK issues are going to be surmounted.
Those men are so experienced and credentialed they will leave no stone unturned to clear up the history and right the ship of BORK for future growth for the SHAREHOLDERS.
BORK is FINALLY in capable hands and on the right track since mid-Feb. '13 when the new BoD and Sean Floyd were seated. I'm optimistic.
DUE DILIGENCE: PLATES WEREN'T DAMAGED !! NO SURPRISE !
I'm curious...Did anyone who is not a SHAREHOLDER jump to the conclusion about a "plate drop test" failure ?? Naah, that could not happen or else an apology would be in order....
Read "Rijbak" post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87050903
We actual SHAREHOLDERS are very relieved that the plates are very durable, having passed the "NIJ-06" plate drop test - and required FOLLOW UP certifications by "NIJ".
We SHAREHOLDERS are also grateful to the "Seattle Port Authorty P.D." that they continue to procure our armor plates over and over, which is great news.
Obviously the BORK ballistic armor plates passed the "USPS plate drop test" LOL !!
DUE DILIGENCE by "Rijbak" - Thanks !! We investors appreciate the extra effort. We knew the plates and wrap were extra durable.
*** Maybe the missing plates "fell off a truck" as the mob says...a "damaged box" so the plates fall out ? (2) plates missing = probably a front plate and a back plate ?
That's what it sounds like to me...just sayin'...
It also occured to me: "Rijbak" you got to Officer Morris relatively easily both times. Are you in law enforcement yourself ? You made it sound like you were considering Bourque armor yourself...If you care to elaborate on your interest we would be interested.
I read today that "BigCat" and "Bowser" posted they use KRYRON armor plates in LE positions.
I salute them for their openess and for their selfless service.
Let's hope BORK learned a valuable lesson from this episode about better PACKAGING, shipping, insurance claims and delivery follow-up by salesmen. You have to find out if the customer is happy !!
BTW - I have not got an anwer yet about what's happened since you alerted us...soon maybe ?
"mikeg2" - Good point ! I knew Seattle PA was buying the SWAT team plates and they were impressed with the armor but (if true) this issue is BAD service.
BORK's VERY small staff and in-house follow-up support MIGHT have been negligent (intentionally so ?) in keeping on top of the situation or informing BI "brass" of the issue ? This looks like a "Whiff" for now....Even so, in my business I don't ask for another order if the first one is not satisfied.
I'm totally guessing like a lot of others it seems !
This I know from the PR's: JB"s group of three - four people has been relieved of duty by Mr. Floyd over the last couple months while the BoD was getting their feet under them.
I have no idea what to think as of tonight.
Here is my DUE DILIGENCE - I'm calling BI tomorrow and seeing what's what...hope I can get a hold of anyone and get an answer.
If I do - I'll let you and the BORK Board know.
***Any INVESTOR / SHAREHOLDER like me: PLEASE feel free to do the same - assuming it's true and if it does remain unresolved we NEED a reason this languished so long since the damaged plate was discovered (or lost) and not found by USPS after a search was initiated. We are still talking 3 months anyway.
Bourque Industries, Inc.
5333 E. Drexel Rd.
Tucson, AZ 85706
520-624-5248
DUE DILIGENCE: Wharton Business School graduate, Michael Kotelec a NY attorney, has an accredited real estate license and also partner in an investment banking firm + on the BoD of BORK !!
Let's see...re: the repetitive "OLD NEWS" legal "discoveries" (cough, cough)... FACT: the origin of repetition of potentially problematic issues does NOT have the same credentials as Mr. Kotelec.
Therefore I'll RESTATE FACTS: the NEW BORK BoD have the knowledge base and skill sets to grasp ALL past, present and future "issues" and will get ALL under control and report back to us when they have done so - not before.
I'll put my trust in the ADULTS at BORK to Take Care of Business !! I'll stand by the truth and convictions of the successful men who made the decision to work for the BORK SHAREHOLDER.
Board of Directors
Matthew L. Schissler, Chairman, Secretary
Charmaine S. Berry, Treasurer/Director
Raymond Humphrey
Brent Willis
Michael Kotelec
Joel Heffron
Scott Stover
Bourque Industries, Inc.
5333 E. Drexel Rd.
Tucson, AZ 85706
520-624-5248
email: contact@bourqueindustries.com
After Hours "FORM T" TRADE = between market makers was 245,000 shares @ .0522 cents PPS for BORK.
I'm guardedly optimistic.
Not always, but generally, that indicates a next day trading in the .05 + area like today was until the last half hour.
Of the almost 900K shares traded today, only 100K were under .05 and they were ALL bought / sold at the start of the day and the last 30K shares.
"Seattle Port Authority Police Dept." wear BORK Body Armor daily.
https://www.portseattle.org/Jobs/Police-and-Fire/Police/Pages/default.aspx
BORK Website references a minimum of THREE separate orders for "Terminator" body armor made by BORK:
http://bourqueindustries.com/
"Bourque Industries has been given a purchase order for its 3rd order of Kryron Terminator Armor. After extensive testing by their elite Swat Team, they are very pleased to announce that they will be wearing the new comfortable, lightweight, multi-curve system by Bourque Industries."
It's humbling to know that these fine people trust their lives to OUR "NIJ-06" approved body armor.
"John11" - Thanks for your Adult point of view about the future of BORK.
THE FACTS: BORK has a NEW BIG TIME TEAM in Sean Floyd and the BoD / Advisory Council and we are lucky to have them working for us. If KRYRON is what we believe then the "industrial market" will eventually incorporate KRYRON into their product lines and many industries will benefit.
PLUS ++ The New and IMPROVED body armor plates mentioned in the 4/12/13 Press Release will be for sale "shortly".
So - Most importantly, many law enforcement officers wives or husbands will rest easier at night.
FACT: Several of the "posters" have family members wearing the PROVEN KRYRON body armor in their daily activity as police officers.
Per the BORK website:Orders for "NIJ-06" APPROVED "Terminator" body armor plates made with KRYRON are being worn daily.
http://bourqueindustries.com/
The BORK website refers to at least THREE orders from the "Seattle Port Authority Police Dept.".
Therefore - It's a life and death decision to buy BORK body armor made by REAL PEOPLE and community heroes like we saw on display in Boston a few days ago. That is impressive.
Wharton Business School graduate, NY attorney Michael Kotelec, has an accredited real estate license and also partner in an investment banking firm + on the BoD of BORK !!
Let's see...is anyone else posting brand spanking new legal "discoveries" (cough, cough) have the same credentials as Mr. Kotelec ?
NO ? Are you sure ?
OK - I'm going out on a limb and state the NEW BoD have the knowledge base and skill sets to grasp ALL the past "issues" and will get it ALL under control.
I'll put my trust in the ADULTS at BORK to Take Care of Business !! I'll stand by the truth and convictions of the successful men who made the decision to work for the BORK SHAREHOLDER.
We SHAREHOLDERS got a bit of luck for once !!
Board of Directors
Matthew L. Schissler, Chairman, Secretary
Charmaine S. Berry, Treasurer/Director
Raymond Humphrey
Brent Willis
Michael Kotelec
Joel Heffron
Scott Stover
DUE DILIGENCE: FACT: SEC requires a "Full Auditing" by independent CPA's of all financial transactions / decisions and bookkeeping.
BORK officers MUST comply with the all DTCC and SEC demands and questions.
Read the 4/12/13 BORK Press Release:
http://ih.advfn.com/p.php?pid=nmona&article=57143646
Bourque Industries, Inc.
5333 E. Drexel Rd.
Tucson, AZ 85706
520-624-5248
email: contact@bourqueindustries.com
EXCERPT:
"Last year, Bourque Industries was designated Trade for Trade and exited from the DTCC’s Continuous Net Settlement System (CNS), in management’s view without reason or justification.We have filed various documents with DTCC and are in a dialogue with them in an effort to lift the chill on our common shares and return to non-chilled status."
ALL records are now under review by an independent CPA firm.
FACT: Then the SEC will review the BORK "books" with their OWN GOVT. auditors. i.e. ALL BI submitted transactions and financials will be scrutinized prior to awarding BORK Fully Reporting status. Anything hinckey THE SEC WILL find it.
IMO repeated "non-factual opinions" about BORK and as yet unproven issues are not FACTS and offers zero proof to the contrary of the above PR !!
However, please feel free to keep re-posting non-FACTS and don’t believe the FACTS....
If anyone is interested in confirming what BORK is doing you can call BI and ask President Sean Floyd or PM “ATLLivn” here like a real INVESTOR would do !!
Does TODAY's ++ PPS validate my DUE DILIGENCE from yesterday about Dan Reichartz, Advisory Council addition to BORK !?!
People in VEGAS have money to invest. People in VEGAS maybe even gamble once in awhile I hear LOL !!
BORK is a better BET than ever since last Friday and after Mr. R joined BORK it's become a "hot table" IMO !!!
MOST IMPORTANTLY: People in VEGAS Know Mr. R: who was 10 YEARS as COO "Caesar's Palace Hotel and Casino"....VP and GM of a little hotel in NY called "The Waldorf - Astoria"... and Principal DR&DR, Limited Partnership....
He is an Awesome addition, another HUGE PLUS for BORK - an experienced power player and STRONG businessman with multiple resources and contacts.
Bourque Industries, Advisory Council
Dan Reichartz
Business/Finance
Las Vegas, Nevada
http://www.zoominfo.com/#!search/profile/person?personId=750778727&targetid=profile
http://travel2.nytimes.com/top/reference/timestopics/subjects/g/gambling/index.html?query=REICHARTZ,%20W%20DAN&field=per&match=exact
The FUTURE for BORK just gets better and better !!!
"Mikeg2", FACT: BORK IS AUDITING ALL John Bourque business "Deals" as part of the FULL AUDIT / FULLY REPORTING process. On the VERY off chance a couple people have not yet read the BORK PR from last Friday 4/12/13 yet LOL !!!
http://ih.advfn.com/p.php?pid=nmona&article=57143646
New Corporate Initiatives and Task Forces
The first action of the newly formed Board of Directors is to complete an internal audit of all financial and stock transactions i.e. stock cert and real estate deals, as well as all material contracts. We are doing this as a first step to present a completely audited package to the auditors and legal team, who will help guide us to Fully Reporting status.
Bourque Industries, led by Sean Floyd, has formed three task forces:
1. The financial task force is investigating all banking and equity transactions prior to the constitution of the new board of directors.
2. The obligations task force is reviewing all financial obligations on and off the balance sheet that may have or will encumber the Company, and will attempt to resolve any and all outstanding obligations.
The task forces are expected to report their findings to the Board on a continual basis, until the Board is comfortable that the task force has addressed each and every concern assigned.
In other words, EVERY LEGAL CONCERN anyone mentions are ALREADY being adressed.
I'm not the kind of person who would post REDUNDANT "requests for BORK legal action" because I SURE don't want people to think of ME as repetitive or just plain ignorant of BORK's actions.
"n0guts" - That is an awesome post and analogous to BORK !! Watch out market and place your bets while you can for the second half !!
If these men can't pull BORK up and get us a ROI then no one can. There are so-o-o-o many winners on the BoD and Mr. Floyd has his act together on re-directing their skill sets in a SYNERGISTIC manner LOL !!
The BoD "ringers" are in the game for the shareholders and I like the "Dream Team" odds in Vegas.
Mr. R is the latest and greatest addition and he knows more about how to RAMP up (LOL !! ) a business than anyone can imagine !!
SHAREHOLDERS and prosepective SHAREHOLDERS can read my DUE DILIGENCE posts about their impressive successes and decide if BORK stock is worth the investment now and the relatively short wait for a turnaround !!
"Mikeg2" Thanks for the "DD" + OMG moment - What a pad ! Welcome aboard indeed !
Mr. R brings so much more than a new conference center and casino-sized home to BI shareholders.
I can only imagine the contacts 25 years of Las Vegas BoD's and co-chairing fund raisers for "Make a Wish Foundation" and "MDA" can do for a man's reputation.
What does he know about BORK that convinced him to climb on board !?!
Like I told Jenny what my momma told me: "Stupid is as stupid does."
You are judged by the company you keep and BI does not appear to be great company judging by it's .05 cent PPS....for now....
Mr. R is another man that does not know the meaning of failure....hmmm.
Is it possible that in Mr. Floyd we have a new Sheriff in town and he's recruiting the fastest "gunslingers" for our posse ?
DUE DILIGENCE: Dan Reichartz, Advisory Council addition today at BORK !!
Do the math: 10 YEARS as "COO Caesar's Palace Hotel and Casino"....VP and GM of a little hotel in NY called "The Waldorf - Astoria"... Principal DR&DR, Limited Partnership....Awesome addition, another HUGE PLUS for BORK - an experienced power player and STRONG businessman with multiple resources and contacts.
Bourque Industries, Advisory Council
Dan Reichartz
Business/Finance
Las Vegas, Nevada
http://www.zoominfo.com/#!search/profile/person?personId=750778727&targetid=profile
http://travel2.nytimes.com/top/reference/timestopics/subjects/g/gambling/index.html?query=REICHARTZ,%20W%20DAN&field=per&match=exact
Since he joined BI you can BET (Vegas....bet...get it ? ) it's for a GOOD REASON - He knows what the potential is for our little Company and he wants to be a BIG part of it and help it GET ON THE MAP.
The FUTURE for BORK just gets better and better !!!
DUE DILIGENCE: FACT: Anything one may believe one has "discovered" good or "bad" about BORK is already being looked at by the new BORK BoD members, the CEO, and outside lawyers and CPA's !!
Bourque Industries, Inc.
5333 E. Drexel Rd.
Tucson, AZ 85706
520-624-5248
email: contact@bourqueindustries.com
As was mentioned, if one is in doubt, on can visit/call B.I. and see for themselves instead of theorizing.
Most here (I'd bet) have lost some serious share value with BORK stock these last 18 mos. - but are still holding out for PPS to rise again.
In my small way, by posting FACTS and doing DUE DILIGENCE, I'd like to contribute to PPS stability or gain by pointing out the new direction of B.I.
This is a different time for B.I. with a different regime. The principal offender (ironically also the inventor) is in a place where he no longer has any direct influence on B.I., and staff may now work unfettered for the betterment of the company and increasing shareholder value.
FACT: The new B.I. needs some time and a bit of space to fix things.
$1.24 MILLION DOLLARS TRADED !!! BORK future stock value is unquestioned.
Life moves pretty fast. If you don't stop and look around once in a while, you could miss it.
SIMPLE MATH:
***March 15 - April 15, 2013 = 21 trading days
***Avg. 902K BORK shares traded daily @ .065 AVG.
= $59K daily x21 days = $1.24 Million
***BIG BIG dollars for a little known company and un-loved stock...or is it ??
Just for kicks, let's say I "might" have bought 50K shares for $2K +/-.....
Hands up !! Which one of you guys made up the $1 million + difference ?
Was it Bueller...Bueller...?
DUE DILIGENCE: Bourque Industries Board of Directors is doing their job NOW and sifting through the JB debris like Sean requested.
BELIEVE IT: Let's give it a few months to see if there is any "there - there". We'll know soon enough....
dil·i·gence
1. persistent effort: persistent and hard-working effort in doing something
2. legal carefulness: the care or attention expected by the law in doing something such as fulfilling the terms of a contract
4.12.13 Press Release:
"The financial task force is investigating all banking and equity transactions prior to the constitution of the new Board of Directors.....The obligations task force is reviewing all financial obligations on and off the balance sheet that may have or will encumber the Company, and will attempt to resolve any and all outstanding obligations."
Meanwhile, per the PR, Sean is focused on filling Kryron orders (yes, they ARE making Kryron), spearheading new uses and enhancements for Kryron alloys, re-generating sales prospects and recruiting sales / executive personnel for the best interest of shareholders.
Metaphorically, I'm sitting in my favorite recliner with a 32 oz. Diet Pepsi and a XL size buttered popcorn in hand 'cuz the show is about to start...on all fronts.
All the best to actual BORK Shareholders,
Slick
DUE DILIGENCE: BIW, LLC Sales Rep arm of BI is headed by one powerful individual Colonel Curtis Mathis - He has multiple combat tours in the Middle East. He served in Germany, Korea, Saudi Arabia, Kuwait, and Iraq.
Military awards: Legion of Merit, Bronze Star Medal, Joint Meritorious Service Medal, Iraq Campaign Medal, Joint Staff Identification Badge, Parachutist Badge
COL Mathis retired from the United States Army in 2011 after 26 years of active duty service and subsequently joined “Burdeshaw Associates, Limited” (BAL) a defense contractor consulting firm.
BAL phone number: (301) 229-5800
"BAL" clients come from all the services of the DoD and a myriad of defense industry companies matching products, technologies, (like Kryron) services and capabilities with customers’ needs."
http://burdeshaw.com/
COL Mathis is also a founding partner of “Bourque Industries West, LLC.” (BIW), the sales arm of our Company.
***COL Mathis "BAL" relationship presents multiple opportunities for Industrial company leaders and other "BAL" assoc. to analyze KRYRON for use as a result of COL Mathis alliances and contacts. I am excited about the POTENTIAL because....
****COL Mathis is now working for Bourque Ind. SHAREHOLDERS - Which is AWESOME !!
DUE DILIGENCE: "Its Hot in PHX" = TWO thumbs w-a-a-ay UP !! Many have visited BI in Tucson and reported their impressions and experiences here...KZ, MerthyQ etc. and come away fully impressed with Sean and the future of KRYRON.
Now we have a new power broker board "above our Pay Grade" ....unless our Company is the real deal !
*** The body armor is W-a-a-a-y better, now. So many outdated and mistaken assumptions...KRYRON body armor plates no longer use titanium.
The body armor needs FAR less Dyneema spall than ever. The next move IMO is a new NIJ06 approval to pass for the LE market.
6 rounds from a .308 ? NO PROBLEM !!!
Any newbie can read "KZMike"'s review of his attendance and meeting in Tucson with BORK for more detailed updates.
DUE DILIGENCE: BORK's NEW BoD is comprised of successful, capable, experienced and strong leaders.
Per the 4/12/13 Press Release - The NEW BORK Focus and GROWTH STRATEGY "will succeed in providing REVENUES VERY SHORTLY":
Growth Strategy as a Fully Reporting Company
"...Bourque Industries will secure the financing that is needed to proceed to the next phase of growth....sales and licensing agreements will provide substantial revenue very shortly in multiple industries.
Couple that with achieving Fully Reporting status, we believe we are positioned to move forward on multiple revenue growth prospects, including the ability to process larger orders."
As an INVESTOR - I'm willing to give these powerful BoD members and Mr. Floyd a few months more to leverage their contacts and bring value to the shareholders !!
"PWRON", TRUE! BORK's STRATEGY in black and white and I like it A LOT !
With a NEW BoD PROACTIVE leadership NOW guiding BORK's future we must EXPECT an infusion of operations FUNDING.
FACT: NONE of the mentioned FUNDING PROPOSALS would have occurred without the NEW BoD !!!
4/12/13 PR Excerpt:
"...since the confirmation of the new Board, we have located numerous institutional investors and funds which have been introduced to the Company. Management and the Board are in the process of considering VARIOUS PROPOSALS to bring additional capital to the Company."
Sean's now at the helm daily and as a heavily invested BORK shareholder long before he was BORK's President his investment is tied to the success of KRYRON as an innovative product in the industrial, electrical, DoD and LE markets.
Like all SHAREHOLDERS on board I expect big things from OUR NEW TEAM !!
"TreBor1": You NAILED it my friend !! The BoD released benchmarks and forward guidance in this PR like never before - if they follow through like they promise we can be assured of a positive turnaround.
I have renewed faith in the Company's future with this group of successful power players behind us.
The re-boot of BORK's disclosure and fortunes began yesterday !
SCORP - AGREED !! The NEW BoD has their act together and have a "game plan" for our future business prospects and dealing with the past messes that must be disclosed and cleaned up for BI to achieve SEC "Fully Reporting" accreditation.
These guys are telling us what they want to be held accountable for in the next "Q" or two. Fine with me !
That's some bold "FORWARD GUIDANCE" with a defined, well-articulated approach. IMO yesterday's PR is the basis for our "Report Card" which is great !
If we don't have a progress update (or lack of progress) on their bullet points in the mid-May then let's press the issues with the BoD and Sean - they will be held to their promises.
DUE DILIGENCE: Operations Funding, Positive NEWS +++ by a Proactive CEO and a STRONG BoD membership !!
We investors are VERY pleased with the NEW OPENESS !! Congrats to Sean Floyd and the NEW BoD !!!
CEO Letter Excerpt:
"Funding
Our newly formed Board has many well qualified connections for funding opportunities, and I expect to report on these as they become concrete funding transactions.
One transaction that has occurred is an amendment to our CNT agreement, which accelerated their royalty payments to us....allowed them to explore currently dormant contracts with other possible Kryron technologies.....the transaction, has positively affected our ability to sell, market, and distribute product and improve our cash position to fund daily operations."
****Royalty payments !?! OK...that's what I like to see !
The agreement also allows our CNT supplier to find new clients for KRYRON alloys = that helps BOTH COMPANIES !!
Smart move Sean !! Keep the POSITIVE momentum and the POSITIVE results moving in the right direction!