Last $0.02 USD
Change Today 0.0001 / 0.66%
Volume 10.7K
BMSPF On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

biomass secure power inc (BMSPF) Snapshot

Open
$0.02
Previous Close
$0.02
Day High
$0.02
Day Low
$0.02
52 Week High
04/29/14 - $0.05
52 Week Low
11/6/13 - $0.0050
Market Cap
8.5M
Average Volume 10 Days
12.2K
EPS TTM
--
Shares Outstanding
562.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BIOMASS SECURE POWER INC (BMSPF)

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biomass secure power inc (BMSPF) Details

Biomass Secure Power Inc., a development stage company, focuses on the production and supply of biomass pellets for general use as a substitute for fossil fuels. The company plans to build, own, and operate cellulose pelletizing plants, which would process whole trees and chipped fibers. It primarily intends to serve power producers in Europe. Biomass Secure Power Inc. is headquartered in Abbotsford, Canada.

biomass secure power inc (BMSPF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: --
Vice President, Corporate Secretary and Direc...
Total Annual Compensation: C$60.0K
Vice President and Director
Total Annual Compensation: C$60.0K
Compensation as of Fiscal Year 2014.

biomass secure power inc (BMSPF) Key Developments

Biomass Secure Power Inc. Announces Lease Agreement

Biomass Secure Power Inc. announced that the company has agreed to lease 75 acres of land approved for immediate industrial construction for 30 years with an option to extend for an additional 15 years from the Natchitoches Parish Port Commission. This lease will be in the name of the wholly owned subsidiary Biomass Power Louisiana L.L.C. (BPL). BPL plans to construct a pellet plant and chipping facility on the site. Phase one will consist of three production lines capable of producing 1,020,000 tonnes of pellets per year. BPL projects that long term off-take agreements for the sale of pellets from phase one will be in place prior to construction ground breaking planned for summer 2014. The lease agreement is subject to NPCC completing a Port Bond in the amount of $147 million for construction of the plant. NPCC will, at their cost design and construct a pipe conveyer that will transport the pellets from the plant to barges. The pellets will then be transported by barge to the Port of New Orleans where they will be loaded on Panamax bulk carriers.

Biomass Secure Power Inc. Auditor Raises 'Going Concern' Doubt

Biomass Secure Power Inc. filed its Annual on Nov 18, 2013 for the period ending Jun 30, 2013. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Biomass Secure Power Inc. Auditor Raises 'Going Concern' Doubt

Biomass Secure Power Inc. filed its Annual on Oct 29, 2012 for the period ending Jun 30, 2012. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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