slick, You don't GET IT that Bourque Alloys Manufacturing was created as a private company by John Bourque and associates, having existence only on paper with BAM shares created out of thin air with John Bourque assigning half to himself, this at a cost of a few thousand dollars for legal fees to register the company.
This private company called Bourque Alloys Manufacturing that has zero cash reserves, zero revenue, and zero ability to manufacture anything since it exist only as a name on a piece of paper, nothing else as in structure, equipment, raw material, and most likely not even a Porta Potty rental since the owners have other day jobs with facilities.
Someone suggested that BAM held license rights BI did not have, and I suggest that there is no papers filed by Kryron Global that terminated BI's existing license rights obtained from the Global merger and transfered them to BAM.
BUT it really matters NOT since the 09/29/2011 Acquisitions were a "Packaged Deal" where Bourque Industries upon acquiring Kryron Global held all Kryron-related patents which consolidated all facets of Kryron technology into Bourque Industries of sales, distribution, manufacturing, future product development, and intellectual property comprising all global Kryron patents and licensing rights.
So again, Bourque Alloys Manufacturing had no manufacturing infrastructure, and it held no intellectual property and/or licensing rights of a critical nature but absent from Bourque Industries ability from making, using, selling or offering for sale Kryron-related products.
Lets see, BI purchased BAM that only held a loan to BI of $325,000 for 92,000,000 BORKs, which was BI selling its company owned BORKs for $0.0035 each, that when BORK pps was over $2.50 and I'm sure Ironridge or any other sleezy thing would have given BI a better deal.
Bottom Line: This "packaged deal" was fraud.
