Bourque Industries Inc (BORK)

[Flatcat]

No sales would be the best news we could get.

Product liability of a product without adequate engineering documentation and little, if any, quality control would be catastrophic to a small company based upon a single product failure lawsuit.

The new management has obtained substantial funding for a company that was flat broke. Why would they do that unless there was substantial potential in the company products.

The new management has initiated, with funding, the development of required engineering documentation. Upon completion of that task, only then is it possible to put a quality control system in place. No sane insurance company will sell product liability insurance, for a life saving product, without substantial documentation and quality assurance.

The new management also has made substantial progress on previous share issues. Completion of this task is required to get the DTC chill removed.

So far I see only competent management decisions and actions based on the facts they have in hand. So far, everything they have done has protected my investment. Until I see facts to the contrary, I will not flush my investment based upon rumors or opinions.

The two major sellers appear to be JB (for legal expenses) and Dynasty (they owe BI money). Both are selling with restraint to keep the PPS reasonable. Both need cash and both own substantially more shares than they are selling. Neither has any incentive in driving the price down.