Bourque Industries Inc (BORK)

[RockQQ]

This .0001 valuation for insider shares is inappropriate in my view, there is no reason for it.

Had the board been more reasonable in its valuation, it would have saved millions of shares for the HITD shareholders. Example: an insider would not have gotten 200 million shares, but instead only 20 million, had the valuation been .001 per share (still half the recent low of .0019). Savings to shareholders: 180 million shares!

And had the valuation been in the .005 range (which I think is an appropriate but still discounted level), the award would only have been 4 million shares -- vastly different than the 200 million that were awarded!

With an appropriate valuation, there would be hundreds of millions of fewer shares outstanding versus the over 900 million currently.

Sorry Charmaine Berry, but you have been way too aggressive in support of JB and the other directors, and there is no justification for it.

This will also likely be the cause of shareholder lawsuits against the BOD too, should the company ever reach some level of quasi-success.

Disappointing for a very long-term holder and supporter of this stock.