Biomass Secure Power Inc. (BMSPF)

[splavik]

lets look at the suspects

1) and 3) - are now CEO and Director (respectively)
therefore are subject to rules that say they have to file sell forms with SEC. My feeling is that its definitely not them...

2) Novak - very possible, since they got in, they must be testing the market every chance they get, both on bid and ask.
I'm sure that they are buying and selling, but i doubt they would sell the stock down to lower levels, if they would sell it would be a big vol day and low price, or a very tiny bit not affecting their stock. (why would they sell if they have a tonne of shares and they themselves by doing the right IR for the co. bring the stock up) ?

4) i really doubt there are that many holders out there that have 200K+ shares sitting around.. most of the shares that are picked up here at these prices are by people who are either in already or the odd 10-100K will get picked up by "lotto players"

As for why Holden has disclosed - i believe as the BENEFICIARY - he has to disclose what he holds.

The people i know are all holding - yes granted, they might just be telling me this to keep me holding, but i'm betting my money on them holding.

In my oppinion, there is just 2 individuals here (and their friends/family) that will ALWAYS make money on the stock they're selling - and those are the ones that get their shares for ... "free"