Business
Bourque Industries, Inc. Announces Management Change
Bourque Industries, Inc. Announces Management Change.
About this update from Bourque Industries, Inc.
[{"type":"text","content":"Tucson, AZ May 23, 2013 -- Bourque Industries (Pink Sheets: BORK), a development stage Company exploring and developing metal alloys and related product applications using a patented metal-alloying process called Kryron, announced today that Sean Floyd, interim CEO, resigned his position from the company.\nThe Board of Directors has been, and will continue to operate as an active group in managing the company for the near term. Specifically the board will focus the company interests in three areas; immediately identifying and recruiting key executive leadership; identifying scientific personnel that will knowledgeably test and communicate the special properties of Kryron, the company’s primary asset; and secure capitalization that will help underwrite the Company’s ongoing business plan. \nMatthew Schissler, Chairman of the Board states, “We feel it is in the shareholders’ best interest to pursue a fresh outlook, including personnel, products, process, structure, and delivery of product to market. Since March of 2013, the company has had a tremendously deep, experienced and well-connected board, which has been focused on restructuring the Company and its business. Today, the board of Bourque Industries embarks on launching a new perspective to the business, first of which is identifying leadership, combined with finding and verifying the efficacy on all aspects of Kryron. As these components are secured, we will share the news with our shareholders and the public.”\nAbout Bourque Industries\nBourque Industries is a development stage company with a business plan in the field of advanced materials science directed to developing and then producing metal alloys and related product applications using a patented metal-alloying process known as Kryron. Kryronized alloys may have global potential for paradigm-shifting applications across a wide range of industries. The current applications being explored are directed to ballistic armor and electrical products. Our fundamental goal is to prove up the value of our patented alloy, and then we hope to establish broad market penetration across a wide range of industries. Please visit www.bourqueindustries.com.\nCONTACT: co...