Biomass Secure Power Inc. (BMSPF)

[wildwertski]

Below I have posted a snip-it from the last news release. This is awesome if they can get 5 plants built like they say, but in all honesty, I wish they would just focus on getting ONE plant built first. They have been trying to have ground breaking and build a plant now for almost a decade, and have not yet accomplished that. Now we are adding 4 more plants to the project plan. It worries me a quite a bit when OTC companies continue to add more and more bells and whistles to a project when they have not even completed the original plan. Those goal posts just keep moving endlessly out into the future. Alas, I am still here, and am hoping for the best. This will be a great facility if they can get one built. Perhaps next year we will have a little more progress. Best to all WW.

Background: Governments around the world have been announcing plans to scale back or cease electrical power generation from coal. To meet the announced deadlines a number of existing plants must be converted to renewable fuels the next 5 years offering real opportunities for rapid growth. To meet this demand BSP has plans to rapidly roll out five plants by 2022, with a total production capacity of 5 million tonne per year. The modular design of the Natchitoches Plant lends itself to rapid deployment at other locations. This growth plan is being drawn up to fulfill requirements currently under discussion with several clients.