Replies to post #2048 on Bourque Industries Inc (BORK)

[mdb1]

dbanks call the company (use phone) and get back to us on what they say. You can directly ask them about GE testing. And let them know of website, etc.

Please post back on this board. Thanks!

[Flatcat]

Read the facts! I have included a copy of the MSN news release below. Nowhere did I read that GE execs were involved. I did not see this release on the BORK industries website. It appears that Bourque accomplished a good test at GE and received encouraging data from the test. Everything in good time! Keep in mind that some posters and reporters put their personal spin on what is posted - so what is new? If someone has a reference to the GE execs that was posted by Bourque I would like to see it.
What I read was a reasonable report and comments by John Bourque. Bad data and bad reporting are always difficult to overcome.

News Center...
Bourque Industries' Kryron Excels in Electrical Conductivity Testing
June 14, 2011 9:15 AM ET.

Bourque Industries (OTC:BORK) today announced that its Kryronized aluminum busbar outperformed the industry-standard C11000 copper busbar in initial testing at General Electric in Tucson, Ariz. Busbars are an essential component for the world's energy grid, and are critical in many industrial applications.

During testing, the Kryron busbar exhibited superior performance, dissipating more heat at higher currents than the standard C11000 copper busbars. The tests indicate that the Kryron busbar has better conductivity and less resistance than standard copper.

In addition to projected increased performance, the Kryron busbars are not at risk of theft, as Kryron is not a traded commodity. Copper busbars have been frequent targets of thieves looking to profit from the sale of very valuable stolen copper.

“For many years, we've been searching for innovations to effectively upgrade and modernize the world's power grid,” said John M. Bourque, Founder and CEO of Bourque Industries and inventor of Kryron. “Our June 4 testing at GE indicated that Kryron may be a major contributor to the solution for our aging and inadequate energy delivery system.”

About Bourque and Kryron

Bourque Industries is a publicly-traded company (OTC: BORK) based in Tucson, Ariz. Bourque is the exclusive distributor of all Kryron-based technologies.

The unique properties of Kryronized aluminum make it a very efficient conductor, both able to dissipate heat and transfer electrical current more effectively than any other conductor tested. Bourque Industries projects that the market for Kryronized metals will grow consistently and considerably for the foreseeable future, given the state of the world's aging energy infrastructure.

Bourque Industries and Kryron are trademarks of Bourque Industries.

[JonETrader]

I just wanted to clarify something in your post below relating to market cap. Just because market cap is this high doesn't mean the company has this much money. Sure, it's a nice high number but in reality, Companies receive money from the securities market only when they first sell a security to the public in the primary market, which is commonly referred to as an initial public offering (IPO). In the subsequent trading of these shares on the secondary market (what most refer to as "the stock market"), it is the regular investors buying and selling the stock who benefit from any appreciation in stock price. Fluctuating prices are translated into gains or losses for these investors as they shift ownership of stock. Individual traders receive the full capital gain or loss after transaction costs.

The original company that issues the stock does not participate in any profits or losses resulting from these transactions because this company has no vested monetary interest. This is what confuses many people.

Given this information and the fact that some BORK shareholders are GPGI conversions, the amount that BORK raised may be very minor. I know there are various posts with share figures on this board so please don't shoot the messenger here, but let's say there was 48 million shares out there and they were originally IPO'ed at .01 cent (split adjusted for GPGI). This would only result in $480,000 for the company and that's not a whole lot to work with. I wasn't a GPGI shareholder so I am not sure what it came to market at, but from thing I have seen it was as low as a few pennies, so my number may be close. Even if it was .05, that would be 2.4 million, still not a whole lot for a business doing what BORK is trying to do and trying to gear up with machinery, equipment, R&D, etc. If anyone that knows more about this process than I have here, please feel free to expand on my comments. Thanks,