Replies to post #8770 on Bourque Industries Inc (BORK)

[Flatcat]

Bama2 - The statement that "they have no stream of revenue and none is expected in the very near future" is not supported by any public released facts. If I missed a pubic release or a current financial report then I may stand corrected. To my knowledge, their current financials have yet to be filed. Production results or backlog has not been reported for the Drexel facility except the cooling issue which is several weeks old. Likewise, no reports have been issued on other production facilities.

We all await current financials and production results.

[ldcfo]

Bama2 some good points; however venture capital could easily give them enough cash depending on what John B is willing to give up from an ownership perspective. Many companies like Borque follow this route unless someone on the board has lots of money to lend. Were not real sure since we haven't seen any real good financial statements. My guess it will be likely that for another (12) months at least before they can put our certified financial statements. CASH is king to a beginning business, we all know he has a great product and he will get the right people to market it but without cash as with any company they would sink.... But IMO he has some type of backers at this point. Let's face it he has employees, a building he is leasing, equipment so something is behind him backing those payments.