Biomass Secure Power Inc. (BMSPF)

[PhillipD]

What you're both forgetting is that share issuance was 44,536,351 out of the 556,566,667 shares outstanding at the time. "If" that issuance was the only one (based on the previous post when someone asked Jim), then that only represents 7.41% of the company. I'm sure this could always change by issuing additional shares in the future, but my guess is that if there's any agreement in place for Drax to acquire a portion of the company it would have been reflected in the last share issuance. Then again, if the foward P/E were cranked out and Drax saw a future high valuation of 44,536,351 shares in a 3-4 year horizon one could argue that they are seeing the same wisdom as those of us who have invested in this company.

Phillip