Bourque Industries Inc (BORK)

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At the same time BAM lent Bourque 400K you will see that Bourque Alloys and JB received loans from Bourque went up by that same amount and thus all loans and borrowings canceled one another out---that is purely my interpretation. Loans from one went up and borrowings from the other 2 also went up by the same amount. Net result is zero and the cash balances remained a constant negligibale all during 2011 and 2012 was quite similar.

Following the trail of cash balances is all you can go by when they are not fully reporting to show effective outlows and inflows.