Biomass Secure Power Inc. (BMSPF)

[OCR8now]

Share price estimates from phase #1

Here is a rough breakdown of where BMSP would be
with revenue from phase #1

Data:

Gross revenue $160 million
EBIT $ 40 million ( using a 25% profit margin )
Shares outstanding 600 million

using a very conservative PE ratio of 10
the companies market cap would be $400 million.
*( not even including the value of the plant at $150 million!!!! )

$400 million divided by $600 million equals .66 cents per share
just for phase #1

Even if they issued 10% more shares raising the OS to 660 million,
the share price would still be .60 cents!!

Funding for construction of the plant is coming from Port Bonds, which means they only need to raise money through equity for general expenses during construction and fibre procurement.