Replies to post #1928 on Bourque Industries Inc (BORK)

[bobw02053]

Flatcat,

The only audit report that I ever received from GPGI was dated April 16, 1998 for the period ending May 31, 1997. It listed assets of $2,977,564 and liabilities of $387,741 and 100,000,000 shares authorized and 22,836,068 shares issued and outstanding.

Regards,
Bob

[KZMike]

I talked with a former employee. . . he still has an 'association' with some current employees and former employees. He has yet to submit his 500,000+/- GPGI shares to the transfer agent, but will likely do so soon, since his restriction ends this month.

Plans to sell a few shares to pay off some bills etc and expects to hang on to more than 90% for 'quite a while'

As I mentioned previously, they are a committed group and seem to know/understand how big the end game can be. This individual expects to return to work at some point, when production ramps up. He has in the past worked with part the process that creates Kryron.

An interesting notion that I've come away with from talking with this person and some others. . . none seem to have been involved with the entire process and are not able to explain in even general terms how/what 'entire' the process is. By design none seem to know the process or they are wisely not talking about it.