Bourque Industries Inc (BORK)

[RockQQ]

Mike, thanks for your kind words before.

I really don't know the details of how these deals impact the future.

With the last deal, I know there is a 'true-up' coming, or a point at which BORK might owe the firms more shares...or conversely, the firms might have to surrender to BORK some shares they were initially given. That point comes after a certain total number of shares have traded in the open market since the deal was signed, not sure if it's 25 million or 50 million or whatever number of shares.

If the latter is the case, it could mean the firms have to buy shares in the open market in order to return them to BORK, assuming they've already sold every share they had been given, while PPS was higher.

The company will have to report on the status of these deals when they resume their quarterly financials (assuming they ever do). Only it knows the precise numbers involved.