Bourque Industries Inc (BORK)

[gotmilk]

Doug, in my posts 6541(#msg-67765600), 6544(#msg-67766315) and 6546(#msg-67766732) posted on Oct 6 shortly after the Sept 29 deals were announced, I explicitly quibbled with...

The BAM offering started when BORK was $4
#msg-66193626
Perhaps was closed in August when BORK was $3

If Bourque Industries payed 92,000,000 BORK shares for Bourque Alloys Manufacturing, then BORK shareholders would expected to have acquired a manufacturing capacity worth around 300 million dollars, as in an already up and running building with equipment and employees.

Seems we got just a piece of paper that John Bourque had registered the name Bourque Alloys Manufacturing, of which he had ownership of half of it.

Now why would the CEO of Bourque Industries exchange 92,000,000 BORK shares for a piece of paper and the proceeds of an offering of BAM shares for $1.50 each, where most likely the BAM shares sold in the offering were created and given to John Bourque and friends prior to the offering?

Someone asked today: "One day we had 1 million in VOLUME out of nowhere, why? Where did they come from, not here. "

That and many other questions can be answered by me, but since the Kool-Aid has flowed quite heavy today I will keep quiet on answers, and not comment on the posts today that should be addressed to alert those that accept them as valid.

doug