Replies to post #10865 on Biomass Secure Power Inc. (BMSPF)

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From Sedar.com

On May 4, 2016 the Company signed an updated Memorandum of Understanding with River Basin Energy (“RBE”) to
move forward with a merger of the two companies and their subsidiary companies. The new entity will retain the
name Biomass Secure Power. The merger will create a Company that is in a much stronger position to move forward
and be a world leader in the supply of a low cost higher energy wood pellet. The merger of the two companies will
result in the shareholders of BSP owning 51% of the outstanding shares and RBE shareholders owning 49% of
outstanding shares. The Company is currently considering doing a roll back of existing shares 15-1 to position itself in
a position to get onto a major stock exchange.