Replies to post #5721 on Biomass Secure Power Inc. (BMSPF)

[lytnup]

So if the cease trade is lifted, then the 225,269,250 shares that Jim was supposed to issue to himself and the other former owners of BMSPF can now finally be issued? GREAT! I'll bet that's a load off of his mind......

Any updates on the latest business attempt - funding, revenues, permits for building torrified pellet plants, tentative dates of operation, definitive agreements from any legitimate business entity to buy these pellets - anything?

Or was the cease trade order standing in the way of all of that, too?

[I4C6S]

I did as you suggested and called my brokerage. Turns out that to protect investors some brokerages do not allow automatic purchase of penny stocks. You can still sell electronically but you just can't buy without their review. It has to do with people getting burnt when they put in an order for the asking price. Apparently the MM can fill that at any price they want, even many times higher than the last ASK. So lesson is to always have a ‘Limit’ on your order.

(Still wish that the OTC would post news about the Cease Trade Order being lifted. BMSPF OTC Market News )