Biomass Secure Power Inc. (BMSPF)

[MrAnderson2]

Inexperience and lack of drive is how I would describe Biomass Secure Power. As far as I'm aware, Jim has no history/experience in biomass/renewable energy, whether that be from a trading perspective or building a plant. I've been in this line of work for 20+ years and have attended conferences for renewable energy all over the world. I just recently returned from Japan where they had a CMT Biomass conference with Drax and Enviva in attendance, as well as many companies doing torrefied/black biomass. Where was Jim? If he was serious about getting this business started, he would be at these conferences trying to sell his product and technology. There's countless companies who state their torrefaction process is the best, is sustainable, can be expanded, etc.. all the same claims Jim and BMSPF have claimed. The only difference is most of the other companies are attending conferences showcasing their technology, have a background in biomass fuels, and also live in a place in the world where procuring, producing, transporting biomass is much, much cheaper than shipping product from the USA over to Japan.

I've owned shares for many, many years and would like nothing more than to see this plant get built and have off-take contracts in order to retire early, but that's just not going to happen if Jim doesn't start taking this serious. I think aside from writing emails to companies, there is no drive or motivation from Jim. Shame. Guess it's time I invest in some of these other companies that are willing to put more time and effort into showcasing their technology.