News Focus
News Focus
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PWron

08/12/11 10:32 PM

#4670 RE: JOHN11 #4669

J2 Thanks and take care my friend.
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truetrue

08/12/11 11:07 PM

#4672 RE: JOHN11 #4669

J11, glad you're back on the board tonight. I'm looking for a couple answers, and I think you can help. Why on the demo video did the .50 cal AP penetrate the "Fat Boy" plate all the way thru 2 plates and the spectra and damage the 500 Brinell steel behind it? Does that mean the fragments would have exited the plate, spectra and spall if the Brinell had not been there?

We could see the Brinell plate was damaged.

Anyway - The 7/14 PR release from the "Dugway" demo said the "Fat Boy" took multiple AP rounds on BOTH sides with NO penetration...does that mean no penetration thru the "Fat Boy" plate or no penetration thru the Brinell BEHIND it? Because that would be accurate. If the PR was inaccurate or unintentionally misleading, it would be great to have clarification.

So - are we talking about using KRYRON as an add-on up-armor for MRAPS, SRATS and HELOS because it is lighter and more blast resistant than the composite in use now?

Also, any help on where we are in the NIJ cert process would be great. JB made a statement at the demo that I transcibed. It sounded like BORK had to comply with NIJ specs (after BORK had written its own the first time and were rejected). That sounds like we are near square one testing before BORK can re-certify. Is that right? Are we looking to wait until 2012 for NIJ cert as "flatcat" has suggested?

Thanks for reading and any update, J11.
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t d j

08/13/11 1:21 AM

#4675 RE: JOHN11 #4669

John, with all due respect, the number of shares means everything to everyone. Once the initial excitement about the company wears off(assuming we get to that point with a cert and orders), the number of shares compared to earnings will determine the value of the company and a fair price for the shares. You have said that you think this will be a billion dollar company, well, it already has been. We are a billion dollar company when the share price is $5.55. Another comparison made is to TASR. Given the high number of shares we have outstanding, when we hit $30 per share, we will have matched TASR's high for company value (when it was priced at $100).

I have no problem with JB owning a huge number of shares - it is his product after all - but the giant number of shares outstanding is a very pertinent piece of the puzzle.

On another note, after watching the video again, I too would like clarification on the .50 cal and the Fat Boy.

Finally, I agree with others on this board that we will not be moving up until we get a cert, an order, or off the pink sheet naughty list.
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1938ih

08/13/11 9:13 AM

#4678 RE: JOHN11 #4669

Thanks John11! I think most of the nervous energy here is coming from those that bought BORK between say $4.50 and $5.50.
10,000 shares at $5.50 is down $25,000 right now. This is where we run into the two MOST conflicting investment realities there are.

1)Never add to a losing position

2)Average down


If you kept buying Eastman Kodak on it's way from $40.00 to ZERO
you are guilty of number 1. You added to a losing position and lost all of your money.

If you kept buying Apple Computer as hit went down you are a multi-millionaire now. You took advantage of number 2

So, which one will it be with BORK? No one truly knows.
My average is $2.80 and I MUST maintain a mental stop at $2.50
I simply can't watch thousands of dollars evaporate.

There was mention a few weeks ago of NIJ apologizing to BORK for a mix up. It was implied that the cert. was imminent. We really need to know the exact date. It doesn't need to be a mystery.

Same with the caveat. Is it being worked on right now or not?

You mention; "good things are right around the corner".

Does that mean in August or September?

Thanks for all you do.








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ROKTX

08/13/11 1:16 PM

#4697 RE: JOHN11 #4669

JUST OUT OF CURIOSITY, IF GPGI IS DEAD, WHEN DID BOURQUE DECIDE
THAT HE WAS NOT GOING TO HONOR HIS PARTICIPTION IN THE GOLD RECOVERY PROGRAM? WHEN TWIFORD RESIGNED?
SHAREHOLDERS SHOULD BE HAPPY TO HEAR THAT JB ISN'T GOING TO PUMP MONEY INTO THAT VENTURE IF IT IS TRUE.