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NEW professional broker rep PR at Bourque Website looks very strong !
Bourque Industries West (BIW) - you gotta love the name...signed to a broker / dealer / mfg. rep agreement.
If the PR is any indication I'm expecting great things from these men.
They have the contacts and experience to move Kryron forward into new markets - read this:
http://bourqueindustries.com/latest-news-press-releases/
Col. Mathis (retired) is a great patriot and soldier and a tremendous asset for BORK at the Pentagon. If anyone can thaw the US DoD reception to Terminator armor it is Col. Mathis. The product should sell itself with a man like him vouching for it's efficacy.
I really like that Mr. Hall has 20 years of industrial and contractor background in design, specification and installation of industrial flooring as President of Eurocoat Inc..
They are well-represented in the Western USA and Mexico where his mfg. facility is located. I assume they will ba able to mfg. KRYRON Flooring there too.
We all know that KRYRON non-slip flooring materials and caatings is a strong opportunity. Apparently, Mr. Hall does as well.
This is the best step forward I've seen in USA representation and I congratulate the BORK team on this ground-breaking agreement.
DUE DILIGENCE: Sean’s team is looking out for BI shareholders. This is our company and it’s in a critical transition. Let’s assume some ownership as investors.
Thanks John11. Anyone who has followed Bourque Industries knows you’re 100% accurate.
Even JB eventually admitted his narcissist personality hurt BI progress, which resulted in leaving BI w/ little money, no “detailed / solid” contracts...only a LOI from "JBT LED". JB added the two additional Board of Directors members for his personal representation IMO.
Sean is right in cautiously reviewing the terms of the BOD arrangement and with “JBT LED” and the other pending licensing agreements.
Sean is representing the SHAREHOLDERS. He cares about the company, the product and the SHAREHOLDERS.
Almost everyone believes BI will be in better hands without JB even in the facility.
I’m much more optimistic now that Sean's in charge there. You only get one chance to make a first impression and Sean makes a great first impression.
1. Sean, as CEO, knows the history of the angel investors or corporations (e.g. “Ultra- Armoring”) who were turned off or away by JB who poisoned the waters of many a “done deal”.
2. Sean and CJ can revitalize those delayed deals and angel investor relationships.
3. With the new team representing KRYRON, there is a much better chance that “real” business can be closed and we and JB will profit.
4. JB is not a business man, and the “PhD.” who is taking over for him in the lab is an impeccable, world renowned metallurgist.
5. Export / import licensing and any LOI / contract “fine print” w/ Chinese corps. must be worked through with a legal magnifying glass or it will bite BI (and us) in the rear.
6. Sean’s ultimate objective is securing DD contract law representation and money in the bank before he signs any deal with JBT LED or anyone else overseas.
7. Yes, there are other opportunities they are working on – Sean says so in his latest letter update.
8. Sean and CJ are also investors and both are working thru a messy situation for them and for we SHAREHOLDERS.
9. Folks - It’s been ONLY THIRTEEN DAYS since 2/7/13 when the PR about BI mgmnt. And BOD restructuring was released. Patience people….
***Let’s wish the new team good luck and even more than that, let’s offer our support and assistance to Sean and CJ, if and when they need it, be it in whatever form they might require.
The new letter from the CEO is satisfactory to me.
We can be sure more updates are pending. The changes at BI have been rapid and distractions are many. If our new team does their DD and determines there are "gaps in coverage" then let them take a few weeks to get it right.
There are optimistic "hints" of new deals being finalized too in the letter, which is exciting !
We have taken this past week to analyze the company’s current agreements and relationships as well as entertaining new ones that can propel the company forward.
A new CEO ramping up to speed is nothing to be rushed.
Most importantly: The fears that Bourque Industries was not capable of making Kryron and were not making Kryron are UNFOUNDED.
I speak for SHAREHOLDERS in wishing them the best of luck and hope they are successful - because we shareholders want to succeed too.
DUE DILIGENCE: JB as CEO (and his advisors) pre-arranged / pre-determined the transition team prior to 2/7/13.
FACT: JB and his advisors designated Sean Floyd as CEO and voted to expand the BOD by adding (2) seats. They, not Mr. Floyd, extended the invitations to Mr. Schissler and Mr. Willis.
FACT: The 2/7/13 PR was written in anticipation that Mr. Bourque might lose his trial and be convicted of the DUI in 2009. Their foresight was well-intentioned. Their PR was written well in advance and approved by JB and his advisors. Undoubtedly they anticipated Mr. Schissler's acceptance and being accepted by 2/7/13.
FACT: Sean Floyd had no input into the BOD invitees and 2/7/13 PR.
FACT: The PR "jumped the gun" since, factually, Mr. Schissler and Mr. Willis had NOT YET accepted the BOD membership invitation and been confirmed.
FACT: The discovery of the misinformation about Mr. Schissler REQUIRED public CORRECTION on the "OTC Markets" site to maintain a Pink Current Tier accredited listing.
FACT: Sean, fortunately did not accept at face value the PR statement re: the BOD invitation acceptance by Mr. Schissler as fact. Sean and his new team reviewed the PR statement for the last week, determined the facts and corrected the record w/ "OTC Markets" on behalf of the shareholders.
www.otcmarkets.com/stock/BORK/news?id=58863
That is Due Diligence on Sean's team's part and in the shareholders best interest and even in JB's best interest.
I appreciate how Sean is performing his duties thus far and am glad he is looking out for us. Thank goodness someone is finally doing the detail work !
***PR Retraction issued today by Bourque BOD proves Sean Floyd and the team is looking out for the Shareholders.
http://bourqueindustries.com/
"Bourque Industries issues Retraction of 2/7/13 Press Release
February 16, 2013
Bourque Industries Issues Retraction on Press Release dated February 7, 2013
A Press Release dated February 7, 2013 stated that an invitation was extended to Matthew Schissler and Brent Willis to join the Board of Directors of Bourque Industries, Inc. The Release should have stated that both candidates were being considered to expand the Board of Directors. To date, no additional appointments have been made to the Board of Directors."
www.otcmarkets.com/stock/BORK/news?id=58863
Sean Floyd has done his Due Diligence on the Mr. Schissler and he is NOT on the Bourque BOD, thank goodness.
IMO - This proves Sean has the best interest of we the shareholders.
Good job BOD !!
Vast improvement for "Bourque Industries" business outlook!!
Remember, SHAREHOLDERS, BORK makes and sells KRYRON, the unique material invention Bourque Industries is based upon and known for....We're making KRYRON folks.
Ask "JBT LED" how much they like KRYRON for unique Heat Sinks. "JBT LED" issued a first time P.O. for $252K two weeks ago.
http://ih.advfn.com/p.php?pid=nmona&article=56126996
http://jbt-led.com/en/about.asp?sortid=1
Let's give the new leadership team a little space to re-organize our company and utilize their talents and abilities to Bourque's betterment and leverage markets in KRYRON heat sinks, electrical wire / bus bars, armor etc. etc....Too many to list.
Every BORK shareholder for the last 9 months has seen the calming influence, sales outreach and re-organizational expertise of Mr. Floyd. He has a leader's steadiness, is a gifted communicator and successful businessman in his own right.
Brent Willis, currently in line for a Board membership, was formerly listed on the "Advisory Council" on the "Corp. Governance" page of BI.
IMO - Mr. Willis brings a wealth of executive experience in mfg. growth mgmnt. and marketing to Bourque industries. I can also see how military uses overlap with contacts for Bourque ballistic armor. Mr. Willis is actually an amazingly accomplished individual and only 51 YO.
Brent Willis is a decorated former Military Officer and successful business leader. He received his BS. Degree in Engineering from the US Military Academy at West Point and an MBA Degree from the University of Chicago.
>>>These are exciting times for Bourque Industries and IMO it's going to get better from here on for BI and our investment !!!<<<
AZ. Television positively covered Bourque back pack armor last month because it stops .223, shotgun slugs and .44 mag rounds and is NIJ certified.
http://www.kvoa.com/videos/armor-for-backpacks/
http://www.abc15.com/dpp/news/region_central_southern_az/tucson/Tucson-company-creates-bulletproof-backpacks-to-protect-kids-from-school-violence
Sadly, if another mental patient shooter gets into some grade school without an armed guard inside to defend your children, then a $150.00 Terminator Armor plate is a child's last defense in a confrontation. Nothing is perfect but Bourque Industries makes a great lightweight armor product for a little piece of mind.
BTW - I noted that Phoenix ABC 15 showed about 50 unfinished Kryron plates stacked up ready for cutting, polishing and assembly.
DUE DILIGENCE: Getting FACTS. Posting FACTS. That's all we want, right people ?
BORK (OTC:Pink) Current Tier
Alvie has posted FACTS. He did ACTUAL DUE DILIGENCE.
Bourque Industries followed all correct reporting protocols through the OTC Market site.
Believe it. Anything different is not Due Diligence. It is misinformation aka NOT FACT.
Current Reporting of Material Corporate Events
OTC Markets Group encourages companies to make public disclosure available regarding corporate events that may be material to the issuer and its securities. Persons with knowledge of such events would be considered to be in possession of material nonpublic information and may not buy or sell the issuer’s securities until or unless such information is made public. If not included in the issuer’s previous public disclosure documents or if any of the following events occur after the publication of such disclosure documents, the issuer shall publicly disclose such events by disseminating a news release within 4 business days following their occurrence, and posting such news release through the OTC Disclosure & News Service.
Material corporate events include:
www.otcmarkets.com/stock/BORK/news?id=58451
• Entry or Termination of a Material Definitive Agreement
• Completion of Acquisition or Disposition of Assets, Including but not Limited to mergers
• Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of an Issuer
• Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
• Costs Associated with Exit or Disposal Activities
• Material Impairments
• Sales of Equity Securities
• Material Modification to Rights of Security Holders
• Changes in Issuer's Certifying Accountant
• Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
• Changes in Control of Issuer
• Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
• Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
• Amendments to the Issuer's Code of Ethics, or Waiver of a Provision of the Code of Ethics
• Other events the issuer considers to be of importance
IMO - The business outlook is vastly improved for Bourque Industries.
Remember, SHAREHOLDERS, it's all about the KRYRON, the unique material invention Bourque Industries is based upon and known for....We're making KRYRON folks.
Ask JBT LED how much they like KRYRON. Read their joint PR.
http://jbt-led.com/en/about.asp?sortid=1
Let's give Ms. Condon, Mr. Floyd, Mr. Willis and Mr. Schissler a little space to organize our company and utilize their talents and abilities to Bourque's betterment and leverage markets in KRYRON heat sinks, electrical, armor etc. etc....Too many to list.
Every BORK shareholder for the last 9 months has seen the calming influence, sales outreach and re-organizational expertise of Mr. Floyd. He has a leader's steadiness, is a gifted communicator and successful businessman in his own right.
IMO - Mr. Willis brings a wealth of executive experience in mfg. growth mgmnt. and marketing to Bourque industries. I can also see how military uses overlap with contacts for Bourque ballistic armor. Mr. Willis is actually an amazingly accomplished individual and only 51 YO.
Brent Willis is a decorated former Military Officer and successful business leader. He received his BS. Degree in Engineering from the US Military Academy at West Point and an MBA Degree from the University of Chicago.
Mr. Willis began his career as a Second Lieutenant in the United States Army in 1982. He served in various combat arms leadership capacities around the world including assignments in the 1st Cavalry Division and the Pentagon. He worked on the Strategic Defense Initiative (Star Wars) and numerous other compartmentalized (black ops) programs including the Army Robotics Initiatives and Unmanned Aerial Vehicle initiatives. He authored the Counter-Air Concept to change the role of Air Defense which was later adopted as doctrine. He received numerous decorations, including two Meritorious Service Medals, two Army Commendation Medals, the Army Achievement Medal, and the Airborne Parachutist badge during his military career; he was honorably discharged with the rank of Captain.
From 2010 to 2012 (two years)he served as the Chief Executive Officer and Chairman of the Board of Liberty Ammunition, a private later-stage start-up company which has developed and is commercializing its product portfolio and technologies.
http://www.libertyammunition.com/
From 2006 to 2008 (two years) Mr. Willis served as CEO for "Cott Corporation", a Company in the business of beverage manufacturing and sales. Mr. Willis' duties included leadership of this roughly $2 Billion enterprise, management of more than 20 manufacturing plants, and leadership of more than 10,000 people.
http://www.cott.com/
From 2002 to 2006 (four years) Mr. Willis served as Chief Commercial Officer and President for "InBev", (aka "Budweiser" beer +) a company in the business of beverage manufacturing and sales. Mr. Willis' duties included leadership of top-line growth for this more than $20 Billion enterprise, management of more than 20 manufacturing plants and a sales and marketing budget of more than €3.3 billion and leadership of more than 20,000 people.
http://www.ab-inbev.com/
From 1996 to 2001 (five years) Mr. Willis served as President North Latin America for The Coca-Cola Company, a company in the business of beverage manufacturing and sales. Mr. Willis' duties included leadership of this roughly $2 Billion enterprise, management of more than 40 manufacturing plants and leadership of more than 20,000 people.
http://www.coca-colacompany.com/our-company/latin-america-group
IMO - Mr. Schissler brings much needed wall street contacts and experience to the table of Bourque Industries.
Matthew L. Schissler was the founder and served as Chairman of the Board and Chief Executive Officer...from 2003 through the middle of 2012 (Nine years).
In this capacity he was responsible for a series of public and private offerings which raised substantial amounts of capital for Cord Blood America and its business.
http://www.cordblood-america.com/
Executives and former CEO's can add to a company in many different ways.
These men and women ADD to Bourque Industries, to shareholder value and they do not detract from Bourque Industries.
Let all SHAREHOLDERS wish them well and offer them our gratitude and thanks for stepping up and accepting the challenge of moving Bourque forward.
KZ- Thanks for the update from the Bourque site. Very nice work by Bourque mgmnt. settling that valid concern so quickly !
http://bourqueindustries.com/
***We long term shareholders have known who the "consultant" is for well over a year. He even even appears in the NIJ cert. photos along with many others from Bourque.****
I always believed this well-respected gentleman was a very valuable resource to JB and Bourque Industries as the Kryron powder was modified and specialized uses were invented.
Absolutely - No point or benefit to revealing his name if Bourque does not wish to do so at this time.
As far as the JBT LED Purchase Order, we'll see if Bourque can work out "other arrangements". I am optimistic.
Foremost, JBT LED is not a scam company. If they are it is the real life equivalent of "The Sting" and JB is Newman and Sean is Redford LOL!!
Per the PR's there are company phone numbers and (2) websites to check out, respectfully. Impressive product line IMO.
English Version:
http://jbt-led.com/en/about.asp?sortid=1
China Version:
http://www.jbtled.com/
I am told JBT sells LED bulbs in the US and they return emails per "bam29er"
Post # of 17454
"Alright folks....Robert Fisher did confirm via email that he authored the letter in defense of Bourque. He also left me a voicemail and welcomed a call back. I will attempt to reach him tomorrow or next week and let you know what I find out."
"bam29er" may follow up next week and give us some insight if Mr. Fisher is still willing.
***In light of the results of the trial he may prefer to wait for BORK and JBT to announce a joint PR (again) to clarify the direction their relationship will take.
I'm keeping my emotions in check as we navigate the next moves by BORK. Hopefully that makes sense.
So, I'm looking at LEVEL 2. There is a single (as in ONE), BUY side BID from "ETRF" (market maker) for .13 cents for.....ahem...
Two hundred thirty thousand shares...
OOPS - UPDATE !
Someone wanted in badly and BOUGHT them all at once 5 minutes ago - whole - cleaned up that piece of business nicely....I'm so confused....what does that mean ?
The other large BUY of the day was 128K shares also for .13 cents around 3:00.
Looks like the BUY orders above .13 have been cleaned up for today.
The next BUY is .123 so typical for today, we're going up and down without a clue what's happening like Stevie Wonder on Space Mountain LOL!!
Thanks for helping to spread the word re: BORK!!
Here is some context.
http://money.msn.com/business-news/article.aspx?feed=PR&Date=20130207&ID=16094759&topic=TOPIC_SMALL_CAP&isub=2
Yes, I'm a long time holder and recent trader of BORK. I live in Tucson part time. Yes, the charts look good for a return to form for the PPS in the mid-teens. But there is more...
IMO - Lot's of panic selling yesterday on speculation that there was no transition plan and the JBT deal would fail.
In my VERY STRONG OPINION:
1.The transition PR adds two high power men to the BOD and a really good "people person" and business guy as "interim" CEO who also has his own list of business relationships to leverage for BORK.
2.***The JBT LED deal will be restructured and salvaged. JBT wants the Kryron heat sink - BADLY - That is the meat of BORK's future.***
Kry Long out,
Slick
...in light of the gravity of Judge Nichols ruling yesterday in Pima County Court and the affect upon Bourque Industries and BORK shareholders I recommend phoning or sending an email to either:
Wichner, David
Assistant Business Editor
Arizona Daily Star Newspaper
Newsroom - Tucson & Region
Ph: 520-573-4181
Fax: 520-573-4144
dwichner@azstarnet.com
or
business@azstarnet.com
So yesterday in Pima County Court in Tucson John Bourque was denied by Judge Nichols his 6th and 14th amendment right to legal representation and equal protection?
The judge ruled Mr. Bourque had "forfeited his right to counsel" ?
The court ruled he MUST represent himself ?
From my reading, such a ruling applies if the defendant wishes to represent himself. Mr. Bourque does not. He did not and has not waived his right to counsel.
"A criminal defendant may represent himself, unless a court deems the defendant to be incompetent to waive the right to counsel.
In Indiana v. Edwards, 554 U.S. 164 (2008), the Court ruled that a criminal defendant could be simultaneously competent to stand trial and yet not competent to represent himself."
John Bourque is not competent to represent himself. As we all know he has difficulty reading.
Further, self representation is a voluntary option only granted after it is given great scrutiny by the court. I can't find a single instance where self representation was mandated by a judge.
Judge Nichols did not issue a clear legal basis for his ruling for the record.
I have a problem with all the above.
6
In all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial, by an impartial jury of the State and district wherein the crime shall have been committed, which district shall have been previously ascertained by law, and to be informed of the nature and cause of the accusation; to be confronted with the witnesses against him; to have compulsory process for obtaining witnesses in his favor, and to have the Assistance of Counsel for his defence.
14
No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.
The equal protection clause is important. What is the precedent? Is Mr. Bourque being singled out? Does Judge Nichols have a record of like rulings?
JB is facing a criminal court case. This is not a civil case.
http://www.azdot.gov/mvd/driver/DriverImprovement.asp
Extreme DUI
This category of DUI applies to a person with an alcohol concentration of 0.15 or higher.
First offense – You will be jailed for not less than 30 consecutive days with no eligibility for probation or suspended sentence and fined not less than $2,500. You will also be required to undergo alcohol screening/education/treatment and be ordered to perform community service and to equip any vehicle you operate with a certified ignition interlock device.
Second and subsequent offenses – You will be jailed for not less than 120 days, fined not less than $3,250 and your license will be revoked for 12 months. You will also be required to undergo alcohol screening/education/treatment and to equip any vehicle you operate with a certified ignition interlock device, and be ordered to perform community service.
Aggravated DUI
This category of DUI applies to a person who commits a DUI while suspended, revoked or canceled; commits a third DUI in 84 months; commits a DUI while a person under 15 is in the vehicle; or commits a DUI or refuses to submit a blood alcohol content test while under an ignition interlock device requirement.
You will be sent to prison for not more than 2 years and, in addition to any other penalty required by law, your license will be revoked for 3 years. You will also be required to undergo alcohol screening/education/treatment and to equip any vehicle you operate with a certified ignition interlock device, and be ordered to perform community service.
Absent JB disrupting the court with repeated violence or refusing to cooperate with his counsel, there is no precedent we can find for the judge's ruling. I'm not saying it isn't "out there" but I and an attorney friend were unable to find one after an hour of research.
Even when there is violence involved, the defendant is usully removed from the court for the protection of the court and him....also, precedent indicates that the court must warn the defendant on the record that his actions will have the consequences of denial of representation. There is no record of a public warning in this instance.
Strangley, I almost feel the judge is creating a case of blatant reversible error intentionally. If JB is convicted this is overturned on appeal - how long the appeal process for a DUI conviction takes is unknown.
Thanks "georgie" -
I appreciate the quick tutorial and I'll watch for the -60 overbought indicator. I'd be happy with consolidation.
Good work on BORK. I'm a long term holder and averaged down late December '12.
How are you reading this action - Is it chart driven or does the market anticipate "something"?
It blew thru .074 Where is the next resistance level ?
Thanks,
Slick
"PWron" - Thanks for re-affirming the truth about Pratt & Whitney testing Kryron and THANK YOU for "setting the table" for that to occur. You have set the record straight !!
We all knew that was going to be a long process and the stringent testing and results might lead to some very good markets beyond aerospace for BORK.
I'd like to read about the P & W relationship on the CEO letter page / PR and at some point that might not be a "secret" development.
Investors and potential investors will be impressed when that is made public and "announced officially".
Let's set it straight. BORK shares will rise due to the work of many others and "ATL" who, by the way, has no agreement with BI and has not been compensated for work done to date....including the last 5 weeks of website development and consulting w/ direct prospect outreach - ALL for free so far.
I for one appreciate someone working on making things happen for us shareholders, donating 8 - 9 hrs a day to help our cause.
If "BORK stock is at an all time low" it is only a paper loss and does not matter if you do not sell your shares and BORK brings a million dollar contract to the table in the next month.
***I called BORK. Anyone can. According to Len (this can be confirmed with one call to Tucson) there have been multiple live -- fire demos to many companies in front of decision - makers these last 5 weeks and all who attended were interested and impressed with BORK's Kryron alloy.
BORK sales efforts are very active lately.
Decisions are pending.
I want to see an order but if BORK has been quiet because they believe nobody wants to hear about anything until "deals get done" then I can live with that, too.
IMO - That is what BORK is trying to do so BORK can release real news that we INVESTORS want to hear.
THOSE ARE THE FACTS of what I know. Like most here I am NOT protected with any agreement and my paper loss and shares are in the same boat as anyone elses.
Personally - I believe JB and his team are working to increase company value and not tear it down as JB profits when the company profits.
Companies sign contracts when the deal has been completely negotiated. Yes - Not fast enough for most including me, but final decisions are not under BORK's control.
See you again soon when BORK "gets it done".
***Good luck and may the BORK be with you !!
"ATL" - I think that's a heck of a testament about faith in the product, KRYRON, BORK's future and your self-confidence to get the job done.
BI need to have a sales force AND THAT DESCRIBES YOU - A FORCE.
BI needs to compensate and recognize success. Your weeks of work and helping INVESTORS for free so far MUST be and shall be rewarded and rewarding to all INVESTORS.
I agree that any "good news" pending decisions, as we often decry, is not good news. Quote: " I have been quiet because nobody wants to hear anything but done deals and that is what we are trying to do so we can release real news that you want to hear."
Real GOOD NEWS is defined as an order and is best kept under wraps until there is dry ink on paper.
I beleive there is urgency at BORK to do more as the share PPS drops and JB is forced to sell shares to support operations.
BORK is making things happen for us shareholders, and many are working to save the value of our investment and not tear it down.
Good luck and good closing !!
ALTLivn is not MIA nor is he responsible for my invesment decisions or any other adults on this board. Like many others here, I've bought more at low .20's PPS to average w-a-a-ay down, thanks to someone.
Was it JB's shares ? Maybe - thanks JB ! I admit - it's a small luxury to have dry powder for these pullbacks.
Len and one other I spoke to in Tucson independently confirm there have been decision-maker level demos in Tucson the last couple months and there is a light weight in-conjunction plate in final development....which is awesome news !
Just as "ATL" wrote a couple weeks ago, in case anyone forgot.
The urgency for inked sales is apparent and I trust that "ATL" means it and is giving us a clue when he writes "it's time to perform."
If you trust "ATL" give him the benefit of the doubt.
Over 1.7% of outstanding shares traded this week so far ?
WOW ! Are you kiddin' me ?
Most shares traded at .18 - .19 cents today w/ over 1.2 million bought. Lot's of buyers - still.
I would have thought with that many shares out there we'd be a lot lower... A LOT !!!
So -That impressed me as a nice support level for the PPS.
Friday will be more of the same IMO.
Any good vibrations about this next week's PPS if we hold .19 ?
430K Shares only 7 trades / buys between .31 and .32 cents. Someone left at as good number for them and someone made a good buy for them. It's what makes a market.
***Nearly 1m shares bot/sold today by noon w/ no PPS drop. That could have been the PPPS anchor, slowly drifting into the market the last week.
Now someone's cleaned up a decent amount of the available shares for sale overhang and a chunk of uncertainty for me. I want to know what they know.
Alvie- Agreed. The big "buys" @ .23 cents made up most of the trades today. I see @ .23 cents: 1 "Buy" for 60K shares, 1 for 25K, 2 @ 20 , 1 for 16K and several around 10K...that tells me some folks left at a price they wanted and someone entered at a price they wanted.
That's what makes a market !!
In fact - I bought more BORK a couple weeks ago around this closing number. I'm VERY happy someone offered me the chance to get so many shares and average wa-a-ay down !
Thank you for selling to me !!
IMO - Manangement is motivated to re-set their sales and corporate culture. Time will tell.
First, and most importantly, JB has the best interest of Bourque Industries in mind and he is working very hard every day to succeed for the shareholders, the employees and his family while now living a very Spartan lifestyle as a start-up company CEO, which I appreciate as an investor.
Next, it’s incorrect to assume JB has sold his shares these last few months purely for his personal gain and is spending the money he got from the private offerings or SEC Rule 144 stock sales on luxuries and a high living standard.
THAT IS SO FAR FROM THE TRUTH.
He uses virtually all the capital raised for Bourque Industries materials, operations, demo samples, Drexel Rd. plant rent and sales-related travel. Pure and simple - JB reinvests those funds back into Bourque Industries.
Another revelation which will surprise most readers is that “JB's big house in Tucson” is NOT even owned by JB. The fact is the home in which JB and his family currently reside belongs to…..drum roll….. The Real Estate Lawyers.
http://www.asr.co.pima.az.us/links/frm_Parcel.aspx?parcel=11009029C&taxyear=2013
John has learned much in the last year about how to better manage Bourque Industries and is adjusting well to changing situations and demands of the markets.
JB is genuinely working his butt off to make our company succeed.
That is the real John Bourque, not the caricature you’ve heard about.
The truth is out there...
ALL - PLEASE READ: Freely revealed for all BORK investors. Any of the preposterous misconceptions about John Bourque (JB) should be dispelled with this post.
First, and most importantly, JB has the best interest of Bourque Industries in mind and he is working very hard every day to succeed for the shareholders, the employees and his family while now living a very Spartan lifestyle as a start-up company CEO, which I appreciate as an investor.
Next, it’s incorrect to assume JB has sold his shares these last few months purely for his personal gain and is spending the money he got from the private offerings or SEC Rule 144 stock sales on luxuries and a high living standard.
THAT IS SO FAR FROM THE TRUTH.
He uses virtually all the capital raised for Bourque Industries materials, operations, demo samples, Drexel Rd. plant rent and sales-related travel. Pure and simple - JB reinvests those funds back into Bourque Industries.
Another revelation which will surprise most readers is that “JB's big house in Tucson” is NOT even owned by JB. The fact is the home in which JB and his family currently reside belongs to…..drum roll….. The Real Estate Lawyers.
http://www.asr.co.pima.az.us/links/frm_Parcel.aspx?parcel=11009029C&taxyear=2013
It’s true. The attorneys rent the home to JB at a discounted, affordable price and will continue to do so until Bourque Industries makes it.
Oh, he does take his wife’s car or his 2005-6 ‘Vette to the office. He bought it with BORK stock from a friend. The “Blue Book” value is about $25K. Not exactly a Bentley.
JB’s big salary? Forget about it.
He budgets within an allowance the food for his family, gas for his cars and a 5 year old truck he parks at work for employee use picking up and dropping off deliveries…..plus his one and only vice now, which is “smokes” for the week. That's about it.
John has learned much in the last year about how to better manage Bourque Industries and is adjusting well to changing situations and demands of the markets.
The bottom line: JB is genuinely working his butt off to make our company succeed.
That is the real John Bourque, not the caricature you’ve heard about.
The truth is out there...
"Dt" - Your post Black text, my response Red text:
Bourque Industries Inc (BORK)
0.2300 8:08P EST (OTHER OTC) -
Detailed Opinion as of Sunday, Jun 10th, 2012
Thanks for the report "Dt" that is VERY helpful and means that BORK will be a better company soon IMO !!"
"Dt0120" - Your post Black text, my response Red text:
PPS IS GONNA RISE AGAIN?
YES !! Glad you realize that too !! Good point !!
The insiders who "dump" shares are the insiders that slid their chips "all in" for the startup of this company. Their shares were of course restricted and when they came off restriction they needed to pay off whomever they got funds from friends, family, banks, mortgages, and credit cards they have been using to survive and at the same time bring in some money to stay with the program till the business can afford to pay them.
So they had to do what they had to do and were entitled to. The pps then was in the hype and now may be more realistic till we get some more positve movement and some sales !
This isn't a hot dog company that can produce some weiners and stand on the corner and sell to the public. We've got to get in, prove ourselves, market, mass produce and yes conform to what the public wants "curved plates ". With the NIJ on the fatboy , I would think these plates would be good for the vehicle apps such as helicopters, airplanes ,boats, autos, as they have proved what they can stop and are certified as such.
I'm really excited to see us roll into electical more as well. Think about kryronized copper apps. Batteries, wire ,solar grid panels etc. my mind really start wandering here.
Dt0120" - Your post in Black text, my response in Red text:
"John Bourque CEO...has taken a great product public which will change the way our military uses armor. BORK will change the world. "
I could not agree more ! You're NOT alone in concluding that - Thank you for your kind words about BORK.
Dt0120" - Your post in Black text, my response in Red text:
"John Bourque CEO...Hmm let's look at his record while he was serving time in prison:"
Hmmm...you're alone in considering that - since it has absolutely no bearing on BORK or KRYRON as a whole IMO. Deal with it. Period.
"Dt0120" - Your post in Black text, my response in Red text:
"Quite the contrary, anyone who spends 10 minutes and googles John Bourque CEO is a blah blah and a blah and etc."
Hmmm...it has absolutely no bearing on BORK or KRYRON as a whole IMO. Deal with it. Period.
"Dt0120" - My answer to your post - INVESTORS are a bit confused about a few things and want some answers. Still we are patiently awaiting the CEO update. INVESTORS LONG ago settled upon the realization that BORK and JB have a lot to offer the LE and military that every TRUE PATRIOT wants - LIFE - SAVING ARMOR !!
Hence most INVESTORS don't get too worked up over the pps dropping, OR RISING in small increments.
The real question for INVESTORS:
Will BORK PPS go ballistic, like it's world-class armor, before or after INVESTORS buy all the shares outstanding like the 500K SHARES that were BOUGHT Friday by INVESTORS like "max" and "merthyq" and me ?
"pacco" - your post in Black text, my response in Red text:
I plan on driving past the plant quite often. It's quite a trip from the NE side where I live but I believe that I owe the board members some first hand information.
What a great idea ! Please, if possible drive by and write a report for us every day ! I also believe you owe the board members your first hand information, I really do ! Thank you very much !
I will certainly pound on the door to see who is there and what is happening.
That is a great idea, knock on the door until someone let's you in and talks to you about Kryron and then please write a report for us every day ! Thank you so much !!
"Dt0120" - Your Post in Black text, my response in Red text :
PPS dropped. Nothing JB says and/or does will change that ever.
You are very wrong about that - there are many things he can do. And he will do...
Deal with it. The truth is out there. Period.
"pacco" - your post BLACK text, my response RED text. Follow along.
"This product is not useable, will never sell to either US forces or foreign troops. By definition it will NEVER save any life."
IN ORDER: Yes it is and yes it will and yes it will.
"pacco" - your post black my response red Follow along.
MAKE BOURQUE INDUSTRIES SUCCESSFUL?
Yes Bourque will be successful !!
My guess is NOTHING.
Your guess is wrong !!
Sorry if that is not what you want to hear but frankly it is now a case of TO LITTLE, TO LATE.
Once again you are wrong. It is not too little too late !!
"pacco" - Your post black, my response red - good times ! Welcome back to your old neighborhood - it's been awhile!
Hey SLICK, don't wave the American flag -
You wave your Iranian flag and I'll wave the American flag all I want, K ?
John Bourque is CEO of Bourque Industries and inventor of the multi-patented KRYRON alloy process - NOW -TONIGHT ...and that is the relevant aspect of his current, important contribution to the armor industry. He has made believers out of many INVESTORS and no one has been "scammed" - that is a fact.
NIJ.06 cert belies any meaningless belief that INVESTORS were "Scammed" about KRYRON.
In addition - There is absolutely ZERO historical importance to JB's "ancient" sentence /served and the DEVELOPMENT and MARKETING of KRYRON.
All who are also INVESTORS, and as AMERICAN PATRIOTS, care only about the life-saving products BORK makes and how many children will have a father or mother come home safe because of KRYRON.
Deal with it. The truth is out there. Period.
My answer - INVESTORS ARE confused about a few things and want some answersd, but INVESTORS are patiently awaiting the CEO update and INVESTORS LONG ago settled upon the realization that BORK and JB have a lot to offer the LE and military that every TRUE PATRIOT wants - LIFE -SAVING ARMOR !!
Hence most INVESTORS don't get too worked up over the pps dropping, OR RISING in small increments.
The real question for INVESTORS:
Will BORK PPS go ballistic, like it's world-class armor, before or after INVESTORS buy all the shares outstanding like the 500K SHARES that were BOUGHT TODAY by INVESTORS like "max" and "merthyq" and me ?
Welcome to the neighborhood !!
DON'T check the local watering hole....JB IS NOT kryronizing his beer mug AND IS NOT laughing all the way to the bank....Hey JB, I don't care about that stamped court document saying your charges were dismissed - I'm not waiting!!!
"Max" I really like your optimism. I can agree that your half full philosophy type-post appeals to me re: BORK product prospects, too.
It seems VERY likely that BORK must be trying to get ahead of the curve on new plate designs and markets. "guss" indicates a few days ago that there is even a new, enhanced plate in development, which has my strong attention.
I think this next website CEO update will give us something positive to chew on, so until then I've learned today that the best I can do for is believe the "positive rumors" are at least half true for now is to and "ignore" negative rumors re: BORK and/or it's CEO.