Bourque Industries Inc (BORK)

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exactly-----the lawyer and Sean need to face the facts don't they?

Sean needs to tell the truth or he has a very serious problem. And he is way over his head and needs to protect himself and shareholders first and foremost. That document of quit claim deed correction and the affidavit were dated in March of 2012 for a reason and Sean signed, perhaps knowingly, documents that on that date were not correct as it pertained to his title. Those were misrepresented legal documents for presentation to First American Title to certify against what was otherwise a clouded title as it appears?. If Sean is innocent he must go to the registrar and explain. If Sean sticks by this and the fact that he was a CEO at Bourque in March of 2012 he has a legal problem and could be personally held liable for the 670K secured note amongst many other issues. If a company has a secured 670K note that is an asset. Selling it to a company's own lawyer for 10 dollars is not a very good idea. I would pay 50K for that right now if all that exists in front of it is 100K. That means the lawyer got the property for 100,010 dollars-----can he sell it for triple or does he get lucky and the auction bids it up so he doesn't have to do anything but wait for the foreclosure trustee to cut him his overage check? That check would have belonged to Bourque Industries and they still could have gone after JB for the deficiency. This goes away by the lawyer now writing a check payable to Bourque Industries for 670K and his only recourse would be that now he can go after JB since he purchased that right----- If i were you Sean that may be interesting advice to leave him with that note and deal with it later but seek outside counsel on that thought? But only if you go to the registrar and tell him what exactly happened for you and the shareholders.I cannot advise you and again---we shareholders are missing documents to know exactly how to advise you-


I am certain a new filing will be in the cards but i told Sean to seek outside counselon this site before for a reason. Do not sign anything put in front of you if all you get is ten dollars. Sometimes fixing things isn't what it used to be. I also would want to know if he has any legal fees outstanding that Bourque owes him as that is now an issue i think?