Biomass Secure Power Inc. (BMSPF)

[I4C6S]

Nice number crunching Phillip.

The only thing I would add is that the price you used for sell price of wood pellets is far too low. I have seen it quoted between $150/t and $275/t depending on the volumes and bulk vs end user. There has been a big increase in demand over the last year and there is no sign of stopping. I think that pellets are currently trading around 170-180/t.

This article reports:"$275 per ton selling price for wood pellets"

Bottom line is that the numbers look very good and profits should be at least twice what you detailed. The future looks very good.

Cheers.