Biomass Secure Power Inc. (BMSPF)

[PhillipD]

I can understand issuing more shares to keep things afloat, but don't necessarily like it. Then again, the BMSPF Board of Directors are also working for free for the prospect of higher share price themselves. That gives me some comfort that they won't do anything crazy since they have a vested interest in seeing the price per share higher. With volume next to nothing right now, they couldn't sell all of the shares even if they wanted to. If I was to speculate (again), I would think this share issuance is timed to raise capital when news comes out resulting in improved market conditions that can better absorb these additional shares. It could also be a means to get people to work in exchange for a piece of the pie (ie their CFO). Since the hours they put in could be worth nothing if the share price falls, this also gives me the warm and fuzzies that they know something we don't when it comes to the future value of those insider holdings.

Phillip