Biomass Secure Power Inc. (BMSPF)

[PhillipD]

I think the question is: Is natural gas available in every location?

Probably not, but the natural gas turbines could be located where the gas supply is located and the next question becomes whether we have the electrical transmission lines to the locations that were previously fed by coal fired plants. I don't know the answer to either question.

With coal being a cheaper option to biomass and the US not being motivated by CO2 emissions, I'm wondering if this offtake agreement is for another emissions related reason that the US does care about such as sulfur. If I was a power plant situated next to a coal supply that doesn't meet low sulfur requirements and I have to import low sulfur coal at an extremely high cost, perhaps co-firing biocoal with high sulfur coal brings emissions down within regulatory requirements.

Phillip