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Nice try but its all talk unless you can provide facts and the details surrounding them.......
Excited......why???? This is more of the same.......all talk.......what we need is proof and results.....
This is dead wrong, it is NOT an SEC rule, brokerage firms are told what they can and can't accept by the CLEARING HOUSES they use, clearing houses are private businesses and NOT government agencies. Several years ago PENSON (at that time the largest clearing house) decided to stop taking certificates if they were from Pink Sheets that trade at under .10 per share, since then there are other clearing houses that will take anything (and they can legally take anything) but what they will take depends on your relationship with them
This is not exactly true, there ARE brokerage firms that will accept them provided you have a 6+ figure account, if you have certificates that are worth 10,000 US or less this is going to be very tough, most likely you will need to sell them at 50% of value to someone that has the ability to clear them.
It's tough and not very fair.
Additionally we will know if this company is real by October, these shares are the LEAST OF OUR PROBLEMS.
This is a common mistake made by amateurs, MFG means much less then sales and competent management.
Sales will determine almost everything with a company like this.
Hi Marketcap:
YOU BRING UP AN EXCELLENT POINT........CONFIDENCE!!!!!!!
The ONLY insider activity (stock related) we see is SELLING.......
The only other insider activity we see is LYING....about resume's, activity, "inventory building", pending criminal cases)......etc.
Actions are what matters.......if insiders were buying it WOULD SEND A STRONG MESSAGE.......
Hello Noguts:
Some of the things you said are correct and some are not, first off JOHN BOURQUE is NO CEO, this is fact and we can say for sure that he will not help the situation with this company. This conclusion can be reached because of his performance to date, job history and education. This is fact.
Investing should never really be gambling although with start-ups or micro-caps it looks like it at times.
Investing "life savings" should never be the case especially with such a high risk investments and to do so is foolish.
I think we all know the risks but what people are upset about with this company is that we are all loosing money because of VERY POOR management, the product works and works very well, most companies that fold do so because of a change in the sector or economic recession, so with BORK its especially frustrating.
Hi Algee,
This "building inventory" theory is nonsense, next we are going to hear about secret mfg facilities being guarded by special forces troops to prevent corporate espionage........(that was a joke)
Building inventory makes no sense now, BORK doesn't even have a market yet..........
If there's evidence to the contrary please document proof through a press release.
The good news is it looks like a few positive changes are being made but no where near as quickly as we need it........
Spano needs to go, the communications officer needs to go, 2 board members need to go (Kim and Berry)
Then BORK NEEDS a President, CFO, COO and CEO once John Bourque goes to JAIL.....
So today wasn't a bad day but a lot more work needs to be done quickly.
Hi JCM:
I don't think so, if Andrew Myers was the PR person he was just a disaster.......a total waste of time but the people that should be blamed for no sales is JOHN BOURQUE, ALL VP's and the BOD to a lesser degree, blaming the BOD is a slippery slope because they are generally not that active.......so it is possible that there direction or advise was ignored.....
I hope that JOHN BOURQUE and INSIDERS aren't trying to burn the company down before he goes to Jail......
Sure, its right here on IHUB
http://ih.advfn.com/p.php?pid=nmona&article=49340181&symbol=BORK
YUP.....you got it....why would someone that managed 196 BILLION dollars need to sell 300K worth of a stock as volatile as this????
If she managed 196 BILLION he bonus in ONE YEAR alone would have been more then 250 Million dollars........
Just more BORK BS..........at the expense of the little guy.
Oh yes and numerous people that I know including people that I have a relationship with that work there.
Middle management knows there's a problem......
hey,
but thats the problem a lack of preparation, direction, professionalism, etc. it's either intensional or its the result of a management team that out of there element......either way the NEED TO GO!!!!
JOHN BOURQUE'S attitude is "I've got the best thing in the world....if you want to talk to me I'll be in my office" it's arrogant, obnoxious, sloppy and is generally a deal killer.......but typical of people in the wallows of addiction.
A SMART team would say "lets hire a CEO, PRES, VP's, etc to do what we are having trouble with" they will hold on to there stock and make a killing without going to work.........thats how people that actually make real money think.
Hoping and waiting is as effective as the "pull and prey" method of birth control.
Hi Pacco,
That is EXACTLY what I was told......JB is going (back) to prison....most likely in November.
Hi Scorpitron,
Who cares if the if the NIJ cert wasn't botched or that the product is real....thats a given and you don't get extra credit for doing what your supposed to do??????????
No one is suggesting that the NIJ matter was botched and no one is suggesting that the product is a fraud, I know Kryron is real and it works but having a great product DOESN'T guarantee anything in fact NEW PRODUCTS THAT ARE BETTER THEN THE COMPETITION ARE HARDER TO BRING TO MARKET THEN MARGINALLY BETTER PRODUCTS.
This doesn't make any sense you say.......actually it makes complete sense ........why??????? RISK or the perceived risk of breaking away from the accepted path or trend.
The following exists at the local, state, federal and to a lessor degree corporate level....
Jane Doe has been buying 500 vests a year from the suppliers on her list, she advertises a notice for a public bid for these vest according to specs that she is given.....the system rolls on.
Jane Doe retires and John Doe takes her place, the only tlhng he needs to do is keep the system going, then he gets his check, benefits and when he retires his pension........
Along comes Slick Rick, he I've got the best vest out there......oh yea says John....yea says Slick and here's why..........now slick pulls out the one vest that John's people are wearing now and one of his superman vests, talks about both of them...next Slick pulls out his sporty little macbook AIR computer and show a professionally edited video of his the current vest being shredded and his superman vest taking cannon fire..........wow days John....very interesting...so let me ask you:
1) How much are they........10% less then what you pay now!!!!! Great says John
2) Whats the lead time? 24 Hours says Slick..........GREAT
3) Who else is using them? Ah well i wanted to approach you first and as a sign of good faith I'll give you 250 vests free and 250 at retail which is still 10% less then what you pay......
NOW REALITY SETS IN and John thinks.......wait a minute if something goes wrong I loose my job, pension, my eco friendly car gets repo'd and my kids don't eat..........
You know what Slick....it looks great leave your info and I'll get back to you.......John just realized that he has nothing to gain and everything to loose......
The point is that BORK doesn't even have ONE Slick Rick and BORK needs 10 Slick Ricks with all of the support material done PERFECTLY and even there you are only HALF WAY THERE........because for the first 6 months SLICK RICKS DON"T SUCCESSFULLY SELL ANYTHING ............. they just pave the way for the President of the BORK (not the CEO) he sets the hook and explains how there is an UPSIDE.....
See where I'm going with this......I think this company could become something BUT MANAGEMENT NEEDS TO GO BECAUSE THEY DON'T UNDERSTAND HOW TO RUN A BUSINESS............
and that the only reason I haven't sold because if I sold the company could be sub penny in one day.
Hi Scorpitron,
It's not gross misrepresentation on my part, I understand that people are frustrated but that frustration needs to be directed towards BORK.
Here are another few questions to think about:
1) What has the BOARD of DIRECTORS actually done?? If Sandy Berry and Kim Holdsworth are who they their resumes say they are then BORK would be funded in a matter of weeks.......there's one member of the Board that appears to be legitimate but if I was him I'd sit back and wait for all of this smoke to clear before I risk exposing my valuable relationships to the BS thats been thrown around BORK.
THE CEO IS GOING TO JAIL!!!!!
2) While FORTIS-US may be an actual business...IT'S NOT THE MAJOR DEAL AS REPORTED!!!! The article says in the coming weeks plates will be available!!!!!! OVER ONE MONH LATER THERE ISN"T EVEN A WEBSITE!!!!! LOL don't blame the weather......its been a month.....SUCCESSFUL companies DON't OPERATE THIS WAY!!!!!!
In order for BORK to be a success JB, 2 of 3 board members and most of management needs to go ASAP.....whats really funny here is that EVERY share holder would make money here, JB could make tens of millions if he just figured out how to get out of his own way.
Think about this a 50 YO man receiving 3 DUI's throughout his adult life????? Spending YEARS IN PRISON?????? and still haven't learned........what a jackass.
THERE IS NO EXCUSE FOR THE GAMES HE'S PLAYING
You have got that right, he's a struggling guy who has admitted that he can't sell flat plates, has no inventory and has no plans of building any inventory if it involves him spending his cash.
I talked to him too.....
Hi Scorpitron and thanks for the reply,
Lets first understand that we are all on the same side assuming that
a) we are shareholders
b) have invested in BORK
c) would like to make money
I'd bet that I have more money on the line here then most over 100K in cash, truth be told if every penny goes up in smoke its not going to change my life for the worse, I understand that most aren't in that situation, truth be told I am sick and tired of seeing people get screwed and that could easily happen here, I suspect it's not to far away.
I have experience investing in companies, watching companies fail and succeed and EVERY company that doesn't release information and behaves like BORK is acting....FAILS at the expense of its minority shareholders, I've seen it in this sector and things far more secretive then this......Whenever you have a business wait for the "home run" and talk about there secretive mfg locations, bla, bla bla they fail.......true or not they fail,
Companies that succeed know that consistency in CRITICAL, have real PR people, issue press releases EVERY TWO WEEKS WITHOUT FAIL, if the business isn't comfortable printing specific names....DON'T but tell your investors whats going on, there is NEVER ANY EXCUSE FOR lateness....NEVER......this monthly "update" should never be late....if you have nothing to say and things are simply moving further along from last months update....SAY THAT.....real businesses know that shareholder respect consistency and honesty.......slow and steady wins the race.......making a mistake is one thing but making this many "perfect mistakes" is quite another
In short jobless executives for loosing companies talk about there best efforts and how close they came from owning that 10MM dollars house in the Hamptons.....WINNERS DONT TALK, they board private planes.
1) Unfortunately if the charges were dropped there would be NO PENDING charge or court date, I had a local criminal lawyer look into this matter, the charges are still very much pending a settlement may have been reached but that involves jail time for JB.
2) Fortis-US is peanuts not the major distributor that services 100's of agencies as represented, I never said that he wash;t in the business just that this was grossly misrepresented to the point of fraud.
3) Sandy Berry is a "board member" of Bourque that claims to have managed 198 BILLION dollar portfolio for a subsidiary of JP Morgan, this was just another resample of GROSS misrepresentation that seems to surround BORK.....I'm a client of there "private bank" and have access to this..
ATL did a fantastic job with the website......it's beautiful but unfortunately in needs to convoy more fact.
Happy 4th
DO YOUR HOMEWORK INVESTORS.........HERE'S SOME INFO SO YOU MAY FOLLOW UP!!!!
It has been suggested that some of the info I have posted is bad or dishonest so the following info will allow the average person to perform some due diligence for yourself.
1) CEO JOHN BOURQUES pending charges, simply call the number for PIMA County Court the number is 520-724-3200 press option number 2 for the criminal devision and provide them with the following case number: CR 2009-3764, you will see that the supposed dismissal NEVER HAPPENED and that the case is scheduled for trial on the 30th of October 2012.
2) FORTIS-US.....LOL call the number issued in the press release (800-598-8360) and start asking how you get in touch with a salesman.......see for yourself what happens....do you ever get that call back? why doesn't a company that supplies 100's of agencies have a receptionist?
This company is a fraud!!!!!! Thats why.....whomever created this relationship needs to be FIRED!!!
3) SANDY BERRY....call JP MORGAN CHASE INSTITUTIONAL TRUST SERVICES where she claims to have MANAGED 196 BILLION in assets, there number is 212-552-4950, the following people run that subsidiary of JPM:
Mr. Patricia A. Maleski
Chief Administrative Officer
Age: 51
Mr. Robert L. Young
Senior Vice President
Age: 49
Ms. Jessica K. Ditullio
Secretary
Age: 49
Mr. Stephen M. Ungerman
Chief Compliance Officer
WHEN YOU CALL YOU WILL DISCOVER THAT IT IS IMPOSSIBLE FOR HER TO HAVE MANAGED 196MM FORGET ABOUT 196 BILLION.........
AGAIN TYHIS IS ANOTHER FRAUD..............
You will see that I am 3 for 3, next week I'll look into the PW connection but through PW.
Happy 4th Investors.
FORTIS AGREEMENT????? LOL..................
First of all I AM NOT THE ENEMY OF THE SHAREHOLDER.......I AM A SHAREHOLDER...........I AM THE ENEMY OF THE DECISION MAKERS THAT HAVE BROUGHT THE STOCK FROM 5.00 to .10..............
Fellow Shareholders ask yourself the following questions:
1) Why has the www.fortis-us.com website has been down since the day this agreement was mentioned in the official press release of BORK on ????
2) Why isn't there isn't even a phone number on the website "under construction" page?
3) Why is the number listed for Fortis in the press release (800.598.8360) answered by an answering service located in Arizona?
4) Why has the www.fortis-us.com website had almost NO traffic until the Bourque announcement was made?
5) Why was the website created and serviced in Arizona?
6) Why isn't the "major" supplier that services over 100 various agencies even REGISTERED TO TO BUSINESS IN THE STATE OF VIRGINIA??????
Why don't you start to hold the top two people mentioned on the website accountable for the actions that have cost us a lot of money, the top two people mentioned are:
John Bourque
Phone: 520.624.5248
Cell: 520.409.5452
kryron1@hotmail.com
John.Bourque@BourqueIndustries.com
CJ Condon
520.624.5248 Office
602.315.6253 Cell
520.624.0331 Fax
kryron2@gmail.com
cj.condon@bourqueindustries.com
strange ........ under the caption "THE OFFICE OF THE PRESIDENT" the president isn't even mentioned???? Just a bunch of VP's
WOW now that is one smart statement, you are certainly correct here but thats not the way it needs to be.
Thanks for the info, if thats true issue a release and start crafting releases that accurately inform the shareholders of the companies activities and future outlook.
The events as described by me HAPPENED and you know it, if you managed to get PW back to the table say so but what I described happened and YOU KNOW IT.
The point is that this stonewall that management has created could mean several things:
1) This entire mess is a scam, there is no good news so the company is on life support.
2) The stock is being deliberately kept down so a larger fraud can take place
Stop for a minute and think about all of the BS that has been thrown directly at the shareholders:
Here's another example:
click on the link above named BOURQUE INDUSTRIES ADDS THREE NEW BOARD MEMBERS under the LINK TO BOURQUE INDUSTRIES NEWS........
Look at the resume as published for SANDY BERRY it says "SHE MANAGED A 196 BILLION DOLLAR PORTFOLIO AT JPMORGAN CHASE...................."
196 BILLION....REALLY....TODAY JPM has 2 trillion is assets under SUPERVISION and 1.4 Trillion is assets under management.......more then it has ever had.........so this person is trying to tell us that she managed over 10% of JMP's entire portfolio worth in todays dollars......
LOL this is nothing but a LIE.....lets not forget that the company she worked for is a small subsidiary of JPM....one of dozens....
PW wants NOTHING to do with BOURQUE
I am sorry to say but you are all being misled.....correction you are being intensionally deceived and lied to.
P&W wants nothing to do with JOHN BOURQUE & Bourque Ind. for the following reasons:
1) JB made them jump through hoops creating NCA's to protect his interests and those of Bourque Ind.(this was obviously a smart and needed step), he was incredibly slow and finally came to terms after a few of his "disappearing acts".
2)John Bourque promised to deliver his "Kryron" technology.
3) Bourque delivered something else that was inferior to KRYRON!!! He felt that they were going to steal his technology. This is the response you would expect from someone in the throws of addiction, not a business leader.
PW spent there own money on testing, money on legal, etc only to be BORQUED in the end........
The PW angle is DEAD AND HAS BEEN FOR A BIT NOW, anyone who tells you different is LYING.......
If you think PW is still involved ASK FOR AND GET DATED PROOF...........it will never happen
Again GOOD LUCK
MUST READ
Lets take a long look at what you are putting your hard earned money into and who has control of the outcome
1. THE PRODUCT: KRYRON
Is it real? Does it work? Is there a market? short answers: YES, YES, MAYBE
The product appears to be real and that’s obviously good news but a market doesn't exist at best you have a target market as with any new product a market is what you need to create, so that’s were the focus needs to be. The sales force that BORK has IF ANY EVEN EXISTS is a JOKE!!! Unfortunately the punch line of that joke is the minority shareholders money.
2. THE INVENTOR AND CEO....JOHN BOURQUE
This is where your problems begin and boy is this guy funny, lets have a look:
a) education: minimal, no formal education in material science
b) previous business experience: nothing substantial
KNOWN ISSUES: numerous, he has been convicted of numerous felony's, spent years in state prison, was found guilty of a sexual assault infraction while in prison as well as several others. Has a known problem with substances (alcohol and/or drugs). Mr Bourque lied to his shareholders about having his most recent alcohol related felony count dropped, it was simply postponed until October a quick call to the county clerks office can confirm this. He lied to P&W wasted there time and spent there resources claiming that they were going to steal his product.........if P&W wanted to steal they would have simply paid for a plate and reversed the material.......John's response is the response you'd expect from a paranoid addict, a businessman would have worked towards a licensing deal (or even sale) with P&W. Despite popular belief big companies are NOT the enemy, if your smart they are the goose that lay golden eggs.
Is John the worst guy in the world.....of course not but if he continues to head this ship you money is already gone and the company will be history......this is fact...... not an opinion.
JOHN BOURQUE needs o go end of story....he's no CEO......
3. THE BOARD OF DIRECTORS:
Not a single member of the board has had any real degree of success, is very well educated or is qualified to run/advise a business like this. It's fair to say that the entire boat are nothing but "yes men" put there by John Bourque.... relatives and others that he can control.......so again things need to change.
So now we know that we have a good product but there not a single member of upper management that has the shareholders interests at heart, so what can you do about it? There IS RECOURSE for the little guy....so don't give up.
4. UNDERSTANDING THE ARENA YOURE PLAYING IN
Penny stocks...even the best of the best (BORK is WAY out of this category) are classified as HIGH RISK investments….what that means is even when these businesses do everything properly THEY FAIL and they FAIL more often then they succeed and again that’s when they do everything right!!!!!!!
So unless things change your chances of making money here is inline with playing lotto.
The good news is that shareholders when it comes to micro cap companies have more leverage and recourse then they think but I’ll get back to that later.
5. WHAT NEEDS TO HAPPEN AT BORK ASAP!!!!!
a) John B. needs to step down as CEO and hire a CEO with experience running public companies, that has an MBA or better from a school like HARVARD, OXFORD, YALE or several other top notch schools. This is a very important factor.
b) The Board needs to go and be replaced with a proper board that can use it’s existing influence to get KRYRON in the right hands and perhaps repair some of the damage John B has done.
c) A real sales team needs to be developed, preexisting experience with this type of product would be helpful but it shouldn’t be required for all salesmen just a couple team leaders. A real CEO would have made this happen long ago. This is the single biggest thing that cold influence the stock price.
d) News: News needs to be real, documented and above all it needs to be consistent. The last piece of news that was of any interest was this FORTIS announcement but after a little research the current trend is curved plates, THAT’S WHAT WILL SELL THAT’S WHAT SUPPLIERS WILL PAY FOR, that’s what retailers will stock…….. I can’t find Bourque mentioned on any FORTIS website (it's not even up and running) and after a call to there sales office they claim to have no knowledge of BOURQUE INDUSTRIES……
e) PR: A real director of PR needs to be brought on board again this is something a real CEO would have handled.
WHAT TO DO FROM HERE ON OUT:
1) Every single person that insists on posting this back and forth banter is doing nothing constructive, what you should be doing is calling, writing (return receipt requested) and emailing every exec including John Bourque, if you live close by, stop in and demand to informed, use past promises such as “monthly updates” against them, demand results….if they threaten to call the police and have you removed….GO AHEAD have the police document the incident…YOU are demanding to know what’s happening at a company you own (at least in part), attention is the last thing John Bourque wants. I will gladly post all email addressees, phone numbers and known addresses for current BI executives. A group of shareholders needs to start beating down there door EVERY DAY. You will be suppressed to see how effective this is when it comes to small companies such as BI. I highly recommend this course of action. Call the prosecutor handling the BOURQUE DUI, call the court house and get information all of this attention is not something BI wants…..
2) Law Enforcement: It was suggested by another poster that several potentially criminal acts were committed, it was also suggested that law enforcement can’t or won’t police this sort of thing…….THIS IS TOTAL NONSENSE if you have evidence, or can make a case they will gladly investigate the matter you may need to be a little persistant, be warned this course of action will NOT lead to you getting your money back…the moral high ground just like freedom is a very expensive proposition, I don’t recommend this or at least not now.
YOU NEED TO GET OFF YOU ASS AND DO SOMETHING ABOUT THE INVESTMENTS YOU HAVE MADE, IF YOU HOLD BOURQUE ACCOUNTABLE HE MAY START TO WORK FOR YOU RATHER THE TO CONTINUE SCREWING ALL OF YOU!!!!!!
THE SHAREHOLDERS ALONE ARE LETTING JB GET AWAY WITH THIS.