Biomass Secure Power Inc. (BMSPF)

[PhillipD]

Nice to see progress. Slowly but surely. I still don't get Jim's statement that construction will begin as soon as engineering is over. That's not how construction works. They need permits based on the final design. They need surety bonds. They need to secure materials. They need to secure services to the site. They need to mobilize. A hundred things to do after engineering is done. I still don't see it starting any time soon, but Louisiana isn't California so I imagine the red tape isn't as bad there as it is here. Some things just can't be overlooked though. Also what ever happened to storage at a deepwater port for overseas shipping. They went from the Port of Baton Rouge and then were tinkering with the Port of New Orleans after Baton Rouge snubbed them. I need to investigate.

On the bright side, if they nail Torrefication in mass quantities, this thing has more potential than just about anything we've ever seen in our lifetime. If I ever have time, I want to dig into this proprietary fluidized bed widget that RBE has.

Phillip