What you just said is a fact. All every shareholder needs to do is look at every financial quarterly through the www.otcmarkets.com site. If you check the May and August and November of 2011 quarterly presentations---all you need to do is look at the cash balances from each financial report and you will see that zero cash came over from that private placement.
That statement proves that Got Milk is correct. Yet the shareholder grants show of the 4 reverse whatevers that BAM had 75 shareholders, Kryron Global had just Bourque , Basalt, the company that had nothing to do with anything i assume were Southworth and friends and Bourque Alloys had a small amount.
In Conclusion those 75 people supposedly put up millions of their dollars in a private placement. The money never came over to Bourque Industries and very easy to see by going to their financials----so who got the money and what consideration did the shareholders of Bourque Industries receive for printing 92 Million shares of BORK in exchange for what really and truly turned out to be nothing.
So nothing came in but 92 Million shares times 3 dollars that went out equals 276 Million dollars. Great deal. Imagine what could have happened had they did a raise appropriately. Who was the salesman for this---does anyone know and who were the checks made out to for this private placement. Got Milk---you get it!
Who did the legal and accounting for this?
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