Biomass Secure Power Inc. (BMSPF)

[Neverhadawinner]

BMSPF has posted on SEDAR their May 12th update. Most is the same stuff.

I believe these comments are worth considering:

Governments around the world are requiring their power producers to reduce their CO2 emissions and
move away from coal. BSP believes that the time is ripe for our Torrefied product to be accepted into this
rapidly expanding market. BSP also believes that its Torrefied Biomass Briquettes will be a compelling
choice for power producers looking to convert from coal to a sustainable alternative. Power companies are preparing for an end to government fuel subsidies and looking for ways to control
costs. Drax has announce they are buying Pinnacle Pellets. This should force power companies to
consider long term fuel supply agreements to protect supply. Torrefied Biomass Briquettes offer a
sustainable, stable priced alternative

Two Japanese power companies have indicated that each will want ten million tonnes of Biocoal. They
have also stated that they do not want to be first to use technology but would want to be second.
Discussions are ongoing to try and rectify this

The Company has reached an agreement with the Port of Natchitoches to
increase the land leased from 75 to 90 acres plus an additional two acres on the Red River that will be
used to load and unload materials.

A medium sized power plant that currently burns coal could incur CAPEX in excess of $200 million to
convert to white wood pellets. This cost can be eliminated by converting to biocoal as little if any changes
have to be made to current equipment in the plants.