Biomass Secure Power Inc. (BMSPF)

[PhillipD]

Totally dead or totally alive under a new LLC? With 140 acres available at the Inland Rivers Marine Terminal (IRMT), "BR Port Services, LLC" is on the Port's agenda for a lease option for 123 acres. This presumably is the same acreage BMSPF previously had a lease option on. So the question is now whether BMSPF has a new LLC in an attempt to keep their movements a secret from inquiring minds like mine or is this another player pushing us out of our opportunity with the Port?. The fact that this LLC doesn't exist according to the Louisiana Secretary of State is very interesting. I think if the LLC was in another state, it would still need to be registered in Louisiana. I think Drax did this with their Baton Rouge Transit, LLC.

Looking at the IRMT map, my guess is that the partership between Drax and BMSPF has BMSPF receiving fiber via the shallow water access and then using a conveyor system to deliver finished pellets to Drax's facility that has deep water access. If the transport facility is approved and BMSPF was kicked out then I would think Drax has a problem with too much capacity and not enough supply.

Phillip