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Re: Captain Cobec post# 10795

Monday, 08/03/2015 3:30:02 PM

Monday, August 03, 2015 3:30:02 PM

Post# of 11962
The only knowledge I have is from public records. Meeting Minutes from the Port of Natchitoches indicated that BMSPF was continuing to make progress past the March deadline others on this forum gave. Since then the Company has made another filing more or less saying that European take off agreements are in limbo due to the exchange rate and strong dollar impacting purchases from the US. The Company has now revamped their business plan to look for local (US) contracts. Funding will be through a reverse split and new stock issuance. I for one don't believe them any more and don't see anyone willing to buy anything they have to offer. After 15 years, I've somewhat lost interest other than the pellet industry as a whole.

Phillip