Kryron Global may have given Bourque Alloys Manufacturing the right to manufacture Kryron products, but unless the patents named Bourque Alloys Manufacturing as having the manufacturing rights of all Kryron-related patents, which would have excluded individual John Bourque from these rights, then Bourque Industries upon acquiring Kryron Global, which held all Kryron-related patents, obtained the rights of manufacturing and did NOT need to acquire Bourque Alloys Manufacturing, and surely the officers of Bourque Industries did NOT protect shareholder value, as require under law, thru an exchange of 92 million shares of restricted Bourque Industries Common Stock to aquire a private company shell having only assets of 5 million dollars and nothing else of value to Bourque Industries.
... [why] would Bourque Industries issue 92 million shares of restricted Bourque Industries Common Stock at 5 cents a share to obtain 5 million dollars when it could have authorized instead private sales of these 92 million shares at a dime a share and obtain 10 million dollars as they would have sold out very quickly, meaning that maybe 15 cents a share was possible, or golly, do it when BORK was over 2 dollars a share and sell at $1 (half price current market value) obtain 92 million dollars rather than the 5 million.
... [what] could (92-5=87) 87 million dollars added to the 5 million dollars allow Bourque Industries to purchase and gear up this company.
Imagine Bourque Industries having an addition 87 million dollars in its coffers today, and now imagine how much we all wish Bourque Industries could sell something and make a profit over a few thousand dollars when 87 million dollars was obtainable.
But [John Bourque] and associates of Bourque Alloys Manufacturing [received] those 92 million shares at near zero cost (or, assume it cost them $50,000 to create that BAM shell, then they payed about $0.0005 per those BORK shares).
... [using] assumption that the empty BAM shell cost John Bourque and associates $50,000 to create.
The participates in the BAM offering that paid @1.50 per share were the source of the 5 million dollars Bourque Industries received for the 92 million shares of restricted BORK shares.
Its clear that John Bourque and associates were the sellers of the BAM shares to the participates in the BAM offering, meaning that the total cash input by John Bourque and associates was the above assumption of $50,000.
If each BAM purchased received one BORK.
5,000,000 / 1.5 = 3,333,333
or,
This is the number of BORKs the BAM offering participates obtained, meaning John Bourque and associates received 88,666,667 of the BORKs for $50,000.
$50,000 / 88,666,667 BORKs gives a cost of each of these BORKs as $0.000564
or,
one penny gets 17¾ BORKs.
or,
for those that purchased a single BORK for $4,
their $4 got them 7,092 of them BORKs
or,
even as BORK trades today at $1,
their $1 got them 1,773 of them BORKs
Doug
