Biomass Secure Power Inc. (BMSPF)

[PhillipD]

Like any stock forum, the response to that question will vary depending on whether the person is one of the company's cheerleaders or bashers. Both exist here and they have their motives.

As far as potential, yes, there is potential. There is also risk. Risk to lose all that you put in. The potential lies in a lot of circumstantial evidence and some facts. Facts: The company is actively working at the Port of Natchitoches to build a pellet plant. This is corroborated by the port's meeting minutes. Fact is that the company is spending their own money and deferring salaries for years with relatively small dilution as of last financial statement (I don't see a company wasting their own money if they didn't think their was an achievable goal). I also have a theory based on circumstantial evidence that their plant was deliberately sited in coordination with a large power producer in England.
They have announced the possibility of selling wood chips in the short run.
Now the downside...
They have a track record of projects and financing that never came to fruition. Some have argued that this is because better options to pursue have come up.
Recent dumping of shares could imply that there is trouble.
I've been chastised by their management for asking for public records about what they are doing.
Being a small company some view that they don't have the capability or capacity to pull a big project like this off.

Phillip