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Re: Captain Cobec post# 10096

Tuesday, 01/01/2013 12:32:22 PM

Tuesday, January 01, 2013 12:32:22 PM

Post# of 11962
Their PR said, "Biomass Secure Power expects to complete a long term lease agreement with the Greater Baton Rouge Port Commission by December 31, 2012."

Did they meet their timeline? Who knows. None of the previous deadlines were ever met, but my guess is if the option isn't exercised on time, the Port would allow an extension. I doubt they have anyone else lined up for the property. The question remains whether they were able to get financing. No panic selling or insider buying tells me there's still nothing concrete.