I'll do a hypothetical example that has attached concerns having unknown answers at the present time, and a big possible 'a fly in the ointment' that Bourque Industries can shed light on that requires verification thru the viewing of public state documents.
A purchase of 25,000 shares in Bourque Alloys Manufacturing at $1.50 each,
25,000 BAM x $1.50/BAM = $37,500
This transaction resulted in a 1:2 50,000 restricted shares of BORK to be received and possess.
I'll make the assumption that the restricted period has expired but the Chill put in place hampers most brokers to accept and place into one's trading account. The procedure to have a Chill removed has been described in a public Mailman post on this board that makes it very difficult to be executed since there exist no standard procedure under law for this to take place. Even if a broker agrees to place BORKs into one's trading account there have been many posts here that describe costs many magnitudes greater than the current pps of a penny for a conclusion that only if BORK's pps reaches into the mult-dollars, which is very doubtful, would this transfer make financial sense.
But now we have the possibility of a 'fast and loose' play towards those that participated in this offering and received restricted shares of BORK in lieu of receiving BAM shares, as receiving those BORKs are not a valid recognition that "... it is the intention of [Bourque Alloys Manufacturing] to merge with Bourque Industries" actually took place.
For example, its possible that these BORK shares received did not originate from the merger, when that did not happen, but were simply delivered to those that invested into the offering by the persons that made the offering using their personal stash of BORKs well described on this board as being created 'out of thin air' and given to Bourque Industries officers not for performance but simply breathing air. This situation, if accurate, creates the condition that BAM shares were never received by Bourque Industries, as no merger actually took place, and Bourque Alloys Manufacturing soon was left to cease to exist. This seems to create the possibility that those of the offering legally still own the original BAM shares, which represent no company. If so, does it make any difference I'm not skilled in this to know.
For sure all my speculations on this and other Bourque Industries concerns I put on this board would not happen if the officers at Bourque Industries engaged in shareholder communications above the very near zero so far accomplished since 2011 to this day.
Bourque Industries official 'fly in the ointment' representative.
Once again, concerned investors can contact the Bourque Industries IR person.
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