Bourque Industries Inc (BORK)

[kbbccandyman]

The Milkman said

BORK — Interim Financial Report
http://www.otcmarkets.com/financialReportViewer?symbol=BORK&id=145150
Published: Sep 30, 2015
Period End: Aug 31, 2015
Page 14 of 19
On April 16, 2015 ... Mr. Bourque's royalties were also increased from 5% to 9% with a 1% royalty being assigned to Carol Condon, the Company's Interim CEO.

Gosh, I feel that there are more worms in this can of worms known as Bourque Industries.

Doug
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Add to this what ever JB promised to those providing private financing for the personel currently working at the "new facility".
WHAT % OF SALES REVENUE WILL THEY RECEIVE"???


Add to that relative to the lease arrangement for the 8,000sf building at a monthly amount of $500.00. That works out to a
lease for 6.25 cents per SQ. per month. Show me any commercial
property in that general area ... and I mean any property as long as it has a roof and toilet that will lease for any where close to that very small amount of money. And that would include any property even if the roof leaks and the toilet is clogged.

Who ever owns that building is going to demand a whole lot more than 6.5 cents per SF. per month and I will go out on that perverbial limb and guess they would require a percentage of the revenue.
WHAT PERCENTAGE OF THE SALES REVENUE WILL THEY RECEIVE???

WHEN MORE THINGS BECOME KNOWN THE CAN OF WORMS WILL GROW.