Replies to post #1859 on Bourque Industries Inc (BORK)

[KZMike]

JoeDaddy, as always, an informative post. The debate on the number of outstanding shares is confusing, no matter how one calculates the number.

I do not believe there are more than 60 mil shares that are 'available' to be put out on the market to be bought or sold. I am inclined to believe the number is between 30 mil or 60 mil. My estimate is slightly less than 50 mil.

If the number is in the 180 mil+/- range I do not believe the stock price movements over the past two months would moved as it has. . . there likely would NOT have been such a strong upward movement with the current number of shares being traded and we likely would have seen much more weakness in the downward moves we've seen. . .

[Flatcat]

Since GPGI was not a reporting company, I am curious if anyone knows where the audited stock resided at the time of the audit.

Did GPGI have some treasury stock that was authorized for issue but retained?

Would the treasury stock be restricted or unrestricted after the merge?

I wonder if it is possible that BORK has some unrestricted (from the merger) treasury stock that Bourgue could sell on the open market to fund the development of Bork Industries. If BORK is selling some company stock to fund activities, I would think this would be a good approach rather than selling the soul of the Company to the big boys.

How many shares are owned by former GPGI personnel. I would expect that after dragging on the floor for pennies would get really old. With the stock in the dollars, I would expect some of the older GPGI folks to go for the good life. Volume is still fairly light so I am expecting that as each former GPGI person goes for the good life by selling their stock and retiring, BORK will glitch on price but so be it. Some of these folks can pay off their house, get out of debt, and still have some good money left over to enjoy life.

If anyone has any general information about what is happening with former GPGI (now BORK) personnel, it would be very interesting. (Please - no names).

What is going on with the former GPGI gold extraction process? Is someone still working the project or has it been dumped?

The first 1000% was fast. The second 1000% may take a little longer but well worth the wait!