Bourque Industries Inc (BORK)

[Flatcat]

If Bourque licenses Kryron to another company to produce and sell vests to the end customer then the other company must set up their own QA system. If in this case Bourque supplies any material to the end producing company, then Bourque would have to have a QA system in place to provide QA certification to the end producer. Bourque could impose a mandatory review of the other company's QA system as a license clause (in order to protect the reputation of Kryron) but that is Bourque's prerogative.

If Bourque licenses and contracts to another company to produce the plates and/or vests and Bourque sells to the end customer then both Bourque and the other company will need acceptable QA systems. QA systems are all about control of the processes from initial materials to finished product which includes materials, manufacturing procedures, and test procedures.

I disagree with you that Bourque is headed to another manufacturer due to financials and not being capable of manufacturing themselves.

The only financials we have seen are as of May 31 (pre BAM). The August 31 quarterly has not been submitted yet. So right now any comment on current Bourque financials is pure speculation without any facts to support.

Bourque Industries already has one production line set up for 1000 plates per 8 hour shift with room for additional production lines in the current factory in Tucson. We don't know if they are already producing plates or just ready to produce. Time will tell.

I am expecting that when the August 31 and November 30 reports are filed, at least the November 30 is an audited submission.