Replies to post #8816 on Biomass Secure Power Inc. (BMSPF)

[OCR8now]

Your uninformed it seems.

The plant is going in at the 27 acre site as stated.

[lytnup]

$8,500 for a paid "research report" isn't all that bad for a company with a track record like BMSPF.

In light of the prices at which many millions of common shares were issued in the last 8 months, I'm actually surprised that there aren't a lot more for sale above .01:

"12. SUBSEQUENT EVENTS

Subsequent to March 31, 2011 the following significant events occurred:

a) During the period ended March 31, 2010 the Company made application to the British Columbia Securities Commission (“BCSC”) for revocation of the cease trade order issued against the Company on November 9, 2009. On April 8, 2011 the BCSC revoked the cease trade order and trading in securities of the Company was allowed to resume.

b) The Company issued the following common stock:

i. 210,269,250 common stock pursuant to the Amalgamation Agreement referred to in Notes 5 and 9(a);

ii. 15,000,000 common stock in settlement of amounts due to directors, at $0.0054 per share, being the trading price on the day the issuance was approved

iii. 86,640,037 common stock in settlement of amounts due to directors, at $0.0054 per share, being the trading price on the day the issuance was approved, for total value of $467,856. The amounts due were comprised of $350,000 of unpaid management compensation and $117,856 for amounts expended on behalf of the Company by directors and officers. The amount settled include $125,253 referred to in Note 9(b);

iv. 1,388,889 common stock in settlement of services provided, at $0.0054 per share, being the trading price on the day the issuance was approved, for total value of $7,500; and

v. 13,738,625 common stock for cash, at prices ranging from $0.0054 to $0.018 per share being the greater of the trading price on the day the issuance was approved or the price agreed between the parties, for total proceeds of $111,560. The amounts received include $93,560 referred to in Note 9.

Shares received @ .0054 and sold @ .017 represent just under a 315% gain, a fine return indeed if you can get those .0054 shares.....

Let's see those permits!

Does anyone think that BMSPF has issued more shares since August 18th?