Biomass Secure Power Inc. is an innovative company dedicated to the supply and production of high quality enviromentally sustainable torrified wood biomass pellets for general use as a substitute for fossil fuels which will then be sold to power producers.
Plant to have a total capacity of 1 million tonnes per year output with annual revenue of approximately $200,000,000
Phase #1 to produce 200k tonnes with annual revenue of approximately $40,000,000.
Plant will be expanded to a total capacity of 1 million tonnes over a 2-3 year period to meet growing demand.
**** Construction for phase # 1 expected to start 1st Quarter 2017!!!
CAD "fly by" video of plant to be constructed
All Company Filings are at: http://www.sedar.com/search/search_form_pc_en.htm
Shares Outstanding: 616,162,901 a/o September 30, 2016 (Insiders hold over 80% of the shares outstanding!!)
Float: 57,634,283 a/o Mar 01, 2011
Authorized Shares: Unlimited a/o Mar 01, 2009
Shareholders of Record 597 a/o Dec 15, 2010
Contact info: email@example.com
Telephone: 604 807 4957
.Stock Info: http://www.otcmarkets.com/stock/BMSPF/quote
June 30, 2016 M D & A: http://www.otcmarkets.com/financialReportViewer?symbol=BMSPF&id=161809
Biomass Power Louisiana signs engagement letter for pellet plant
Jim Carroll, President / CEO
Prior to becoming an officer of the Company Mr Carroll was a self employed businessman since 1992. He has owned a mortgage brokering company and was involved in the building of town homes. From 1972 to 1992 he was involved in the banking industry.
Andrew Burns, VP Engineering
Mr. Burns has been an engineer since 1979 specializing in certain types of burner technology such as Immersion Burners with Ceramic Tubes, Small Bore High Velocity Immersion Burners, Submerged Combustion Equipment, Strip Line Galvanizing and Solution tanks, Low Nox Radiant tube technology. Mr Burns has been responsible for projects in North and South America, Japan, Korea, Bahrain, Iran, Poland, Russia, Thailand, China and Mexico. He has had many papers published in various periodicals and books. He has presented technical papers at various meetings of AGA, ONGA, CIM, NARA, AFRC, AISE, Wire Association, CSCE, Hamilton and District Energy Forum and has attended seminars and exhibitions involving the Wire Industry, Non Ferrous Melting Industry, Gas Associations in the USA, Canada and Europe.
George Pappas, VP / Secretary
Mr. Pappas is a businessman who resides in the state of California. He is Vice-President and Chief Operating Officer of All Trades Fabrication since 1986. He was previously the General Manager of Reynolds aluminum Los angeles office for 12 years. All Trades Fabrication is a fabricator and erector of structural and ornamental steel. They build building, bridges or any other project requiring steel erecting. Present and past clients include Boeing, JPL, Raytheon, Natural Resources Defense Council, Disney and the University of Southern California. Mr. Pappas has worked on two co-generation projects in the past.
Our Current Business
On May 4, 2016 the Company signed an updated Memorandum of Understanding with River Basin Energy (“RBE”) to move forward with a merger of the two companies and their subsidiary companies. The new entity will retain the name Biomass Secure Power. The merger will create a Company that is in a much stronger position to move forward and be a world leader in the supply of a low cost higher energy wood pellet. The merger of the two companies will result in the shareholders of BSP owning 51% of the outstanding shares and RBE shareholders owning 49% of outstanding shares. The Company is currently considering doing a roll back of existing shares 15-1 to obtain a listing on a major stock exchange.
The merger will strengthen our management team with the addition of Dr Andy Piers who will become the CEO. Dr Piers is an Executive Director at executive board level in Global public companies, with an in depth knowledge of Chemicals, Forest Products, Renewable Energy & Clean Technology, expertise in creating and executing corporate development strategies and a track record of delivering outstanding results for world leading organisations. Dr Piers was on the Board of Management at Clariant the world’s second largest chemical producer.
Maarten van Rossum will be our Chief Commercial Officer he has proven entrepreneurial, managerial, negotiation, deal making, technical and analytical skills and comfortable working in dynamic environments and leading teams with great adaptability to culture and status of the economy. Maarten has extensive experience in Merger and Acquisition and fund raising.
Jim Carroll will continue in his role as President, Andy Burns Chief Operating Officer, George Pappas Secretary and Susan Bubra CFO. Susan is a senior accounting and financial management executive with experience in finance and operations management. Susan demonstrates ability to streamline business operations that drive growth and increases efficiency and bottom line profit. She possesses solid leadership and communication skills with excellent interpersonal skills
The Company has engaged Bank of America Merrill Lynch to assist with the funding of a tax exempt bond in the amount of $42 million to complete phase one of the bio-coal plant at Natchitoches Louisiana. Phase one will see the construction of 200,000 tonne/yr bio-coal manufacturing facility that will be selling its product to a European end user under an off-take agreement for 160,000 tonne/yr for a minimum period of 20 years.
The Company intends to increase the production capacity at Natchitoches to one million tonnes of bio-coal in three phases. Phase one will be for 200,000 tonne/yr, phase two will be for 300,000 tonne/yr and phase three will be for 500,000 tonne/yr. RBE has a MOU in place that calls for the supply of a minimum of 500,000 tonnes/yr to a maximum of 2,000,000 tonnes/yr of bio-coal contingent on the product being of at least equal quality to product produced at the Wyoming test facility. The Company anticipates that once phase one is completed this MOU will be converted to an 8 year renewable off take agreement and this will enable the Company to commence construction of a second plant at another location.
BMSPF and RBE info:
River Basin Energy and Biomass Secure Power joining forces to ship to the Port of Rotterdam.
RBE / EMO Video: https://vimeo.com/165004670
Natchitoches Parish Port - Chipping Plant - http://goo.gl/maps/aGj23
Port and area information.
Natchitoches Parish Port Website
Red River Economic Development
L.E.D. Louisiana Economic Development. https://www.opportunitylouisiana.com/
Port of Rotterdam: https://www.portofrotterdam.com/en/cargo-industry/bio-industry
Bio-Coal Plant: https://www.portofrotterdam.com/en/news-and-press-releases/welcome-to-a-new-generation-coal-plants
President / CEO
604 807 4957
BMSPF - Daily Candlesticks