Bourque Industries Inc (BORK)

[Flatcat]

Dianne please help me understand what you are trying to say about Matthew Schissler. I looked for the November 28,2012 8-K you referenced and it does not exist. A link would be helpful.

I did look back into his tenure at Cord Blood. At the time he was getting large numbers of options, which he later exercised, both Matthew and his wife were loaning cash to Cord Blood to keep them alive. They are now recognizing about $4M per year in revenue and very much alive.

It would seem that Schissler is a man that puts his personal money on the line when necessary. His total compensation looks a little high but may not be depending on what he brought to the table. He obviously took personal risks with his own money and was rewarded for it. The company issued much more stock to others compared to what Schissler received. As they continue to mature and increase revenues they will do a reverse split and be in good shape.

I am trying to understand what your points are about Schissler. Cord Blood would, most likely, not be alive today without Schissler's leadership. I don't fault his total compensation from Cord Blood anymore than I would compensation from BI if he gets BI off the dime and helps BI grow. Right now a single order would be a huge improvement. If BI was making annually what Cord Blood is today, we would be in real good shape.

I see Schissler as a mover and shaker. His taking a piece of the pie, he helped to bake, seems reasonable.

Please help me understand what SEC or statutory laws Schissler has been convicted of violating. I don't see it in looking over Cord Bloods' SEC files. Maybe I missed something.