Replies to post #10845 on Biomass Secure Power Inc. (BMSPF)

[PhillipD]

BSP is currently having discussions with Canaccord Genuity to raise $30 million in equity for the merged companies.

This was the same plan when they intended to build at Baton Rouge. Their plan to raise $30 million is the same as it was then also. Existing shareholders will be left with nothing except for maybe a class action lawsuit.

Phillip

[OCR8now]

Doing the math $$$, $$$, $$$

Currently Bio-coal is going for over
$200 a tonne in Europe.

Producing 2 million tonnes would be over
$400 million a year gross income!