You can listen to an interview Nils Ollquist did in Jan. 2012 with sleazy stockguru.com at the link below. Several minutes into it he admits that Borneo is not a mining company but an "investment company." CEOs of legitimate companies do not not do interviews like this with paid penny stock touts.
He was an early pioneer in China-based investments, having founded Orient Packaging Holdings in Wuhan, China in 1997. The company subsequently listed in the US and ultimately sold to a Canadian-listed forest products group. Mr Ollquist has been doing business in Indonesia since 1993.
Unfortunately, many "China-based investments" have proven to be scams. From current evidence, BRNE is a China-based mining scam that promotes the stock with false and misleading press releases that imply/claim that Borneo Resources Investments is a mining company that is actively mining.
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