News Focus
News Focus
icon url

kbbccandyman

06/29/12 9:55 AM

#14760 RE: chikimba2 #14757

chik, I have a lot of faith in the product. It is JB and Crew
that I have ZERO faith in. They have proven time and time again that they will act only in their own self interest and to hell with the minority stockholders interest. They have a backdoor exit strategy available to them. The have ignored every sales opportunity. They are intentionally not releasing any info on
some of the big deals they have been working on for a reason.
Just brief and general info about these developments would drive
the PPS up some.

You are not following the money. The big money for JB and Crew
is to allow the price to drop and buy you out for under.10/share
... then ink the deals and make the announcement. This will cause the PPS to sky rocket ... leaving them in "Hog Heaven" and you in the dust.

I certainly hope I'm wrong, but based on what JB and Crew have done beginning with the great dilution in Sept. of last year and
up until now, this IMHO of what is to come.

If Jb had any plans on doing anything by the way of investing any money into sales and marketing efforts over the next 90 days, he would have sold more than 1,000,000 of his shares to be able to finance those efforts. As I understand the rules governing insider stock sales, they can only sell stock once every 90
days. So, JB and Crew only have about maybe $150,000 to sustain continued operations for the next 90 days. and that is if he puts all that money back into Bourque Industries. Now if under the dilution agreement of last Sept. Bourque Industries pays JB his $30,000 per month, that leaves very little for the company to operate on.

Someone will make a ton of money on KRYRON, but I doubt it will be all us loyal minority stockholders.
icon url

lazyeye

06/29/12 1:19 PM

#14762 RE: chikimba2 #14757

BORK share price was $2+ just a year ago (and over $5 before that) and now sits at .10 so I think any "giving up too early" sentiment is pretty much out of the realm of reality unless one bought at .12 or .15

The odds of this stock ever seeing .50 let alone $1 ever again IMO is probably 1,000 to 1, UNLESS 1)they sign multimillion dollar contracts 2) become a preferred military supplier 3) they show actual revenues 4) JB is relieved of his command 5) they become a fully reporting company 6) they hire people with actual SUCCESSFUL experience in ballistic/armor/military sales 6) they partner with one of the big boys.