Biomass Secure Power Inc. (BMSPF)

[PhillipD]

I'll play devil's advocate and do some more speculating . . .

- Maybe once the fiber suppliers were identified it made financial sense to move up river closer to the supply source to avoid costly barging.
- Maybe the Port of Natchitoches had more land available and was more willing to work with the Company than Baton Rouge was.
- Maybe Baton Rouge was getting too tight with all of their other tenants and rail projects that BMSPF was looking for more room to grow.
- Maybe there were delays at Baton Rouge that couldn't be avoided so they moved up river.
- Maybe there are enough fiber supplies at Natchitoches and Baton Rouge that both projects are still feasible.
- Maybe the bonds being issued for Drax put too much debt out there through Baton Rouge and Natchitoches was better able to absorb the bond issuance required for BMSPF.

Yes, all speculation.

Phillip