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VIASPACE, INC. (VSPC)


http://viaspace.com/




THE FOLLOWING INFORMATION WAS UPDATED BY BIG CASINO 1518

SHARE STRUCTURE 


A/S  Per 10-K    = 3,900,000,000 a/o April 14, 2016

O/S  Per 10-K    = 2,256,684,676 a/o April 14, 2016 


Float   = TA DOES NOT RELEASE FLOAT  

COMPANY INFO:
http://www.otcmarkets.com/stock/VSPC/company-info


ALL VSPC QUARTERLY AND YEARLY FILINGS:
http://www.otcmarkets.com/stock/VSPC/filings


NEVADA SOS:
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=lmR0g7JA1CqVkDQL3W8btw%253d%253d&CorpName=VIASPACE+INC.



********************LATEST PRESS RELEASES:********************


********************************

VIASPACE REACHES AGREEMENT TO AMEND GIANT KING GRASS LICENSE WITH INTER-PACIFIC ARTS CORPORATION

April 5, 2016

 

April 5, 2016 - Walnut, California - VIASPACE Inc. (OTC: VSPC) announced today that it has reached an agreement to work in closer collaboration with Guangzhou Inter-Pacific Arts Corporation (IPA) and VIASPACE Green Energy (VGE). IPA, VGE and VIASPACE have taken steps to greatly strengthen, expand and simplify their licensing agreement for Giant King Grass (GKG). The license has been expanded to include 3 types of high yield, non-genetically modified grasses (Giant King Grasses or GKG) that were received and licensed by IPA under its original parent license. All existing intellectual property (IP) is now freely cross licensed and restrictions on new IP have been removed.  VIASPACE and IPA/VGE will continue to maintain distinct operating territories with IPA/VGE operating in China, Taiwan, Cambodia,Thailand, Myanmar, Malaysia, Laos, Vietnam and Singapore while VIASPACE’s territory includes the entire world other than IPA/VGE territory.   

 

VIASPACE Chairman, Dr. Kevin Schewe stated, "VIASPACE is ready to diversify its product line and having the ability to develop, grow, market and sell multiple grasses gives us this flexibility and competitive edge. Having the GKG license in perpetuity and free of milestones provides security and certainty for our partners and clients going forward. The modification of royalties to VGE will improve our internal financials and lift our future profit margins.”

 

Mr. Haris Basit, VIASPACE CEO, commented, "There are significant opportunities available for both companies that will clearly be enhanced by closer collaboration and a simplified IP agreement.  I look forward to working closely with Mr. Sung Chang and IPA/VGE on this effort.  This new agreement allows us to combine our efforts in a partnership where our interests are very closely aligned.  The prior license imposed several financial and IP constraints to rapid business expansion while also impeding both companies R&D. This new agreement largely eliminates those business constraints and also allows for a more robust product road map for both companies.”

 

Mr. Sung Chang, President of VGE, also commented, "We are excited about the direction that VIASPACE is taking and Mr. Basit’s focus on the creation of meaningful revenue. We are pleased to work more closely with VIASPACE going forward from here and to assist in helping the company succeed."

 

Dr. Schewe concluded, "We (VIASPACE) now have a Giant King Grass license that gives us the flexibility to succeed on more fronts and further expand our business and IP portfolio. Having VIASPACE and IPA/VGE working more closely together should also help to energize our business outreach. We plan to continue to move forward with both the GKG-based animal feed and biomass energy business lines."

 

VIASPACE CTO & Wife Support Mother Teresa Missionaries of Charity School in Nicaragua as Biomass Power Plant Project Advances

February 23, 2016

 

February 23, 2016 - Walnut, California - On January 11, 2016, VIASPACE Inc. (OTC: VSPC) issued a press release providing an update on the Energia Reino Verde biomass power plant project being developed by VIASPACE and partners in Nicaragua. Energia Reino Verde is a 12 MW biomass power plant that will be co-located with the 834 hectare (2,060 acre) Giant King® Grass plantation project. VIASPACE Inc. owns a 50% interest in Energia Reino Verde (Green Kingdom Energy in English), the special-purpose company that will own and operate the project. The other 50% is owned by investors and executives of AGRICORP - a large agribusiness company in Nicaragua. An offer for project debt financing has been received from a partnership of two global development banks. An EPC contract has been signed with a well-known company. The Ministry of Energy and Mines of Nicaragua is currently evaluating the Energia Reino Verde application for a provisional generation permit.

 

VIASPACE Chief Technology Officer Dr. Kukkonen reports, “VIASPACE business interests are the clean renewable energy power plant and Giant King Grass plantation, which require me to travel frequently to Nicaragua.  On some trips, my wife, Noreen, accompanies me.  She often spends time assisting the Missionaries of Charity in Granada, Nicaragua. This order of nuns founded by Mother Teresa in India operates a program in the poorest area of Granada. They shelter and educate teenage girls who have been victims of abuse.  They also run a day care for the poor, where the children get a safe environment and healthy meals, and they operate a soup kitchen for the community. My wife and I bring them donated clothing collected from our community, which the missionaries distribute in the Granada area.  VIASPACE and Agricorp have donated computers considered obsolete in the U.S. to the school, which had none before.”

 

Kukkonen continued, “In the fall of 2015 we were made aware of a particular need that we could help with.  A young woman who had lived with the sisters for more than ten years had been attending college and was ready to graduate.  Many schools in Nicaragua require an additional “module” of education following completion of degree requirements in order to obtain the diploma vital to their employment possibilities.  We funded this woman and another who supports her family by working at the mission. They are the first college graduates and serve as a role model for the younger girls living at the mission.  These young women both received diplomas in Tourism and Hotel Administration from the University Hispanoamericana in Granada and are currently seeking employment and the opportunity to begin life outside the protective environment of the mission.”

 

Pictures from the graduation and the Missionaries of Charity in Nicaragua are available on the VIASPACE Facebook page "" rel="nofollow" target="_blank">http://www.facebook.com/viaspaceinc"; rel="nofollow">www.facebook.com/viaspaceinc.

 

Additional donations would be welcomed. If anyone is interested, please contact us through the email or phone number below.


♦ January 25, 2016 

VIASPACE Chairman Announces New Loan Agreement And Issues Corporate Update


http://www.otcmarkets.com/stock/VSPC/news

WALNUT, Calif., Jan. 25, 2016 /PRNewswire/ -- VIASPACE Inc. (OTC: VSPC) reported that Board Chairman, Dr. Kevin Schewe, issued a corporate update to inform shareholders of recent corporate developments and strategic direction.

Dr. Schewe stated, "On September 30, 2012, I entered into a loan agreement with VIASPACE to provide up to $1,000,000 in convertible loans to the Company over a five-year time frame. On January 13, 2016, that loan agreement was completed with a cumulative $1,000,000 loaned to VIASPACE and converted to common shares over a 3 year and 4 month time frame. I have purposely converted that entire loan amount to common shares in an effort to keep debt off our books. Including the 100 million common shares that I had previously purchased on the open market, I now preferentially hold nearly 530 million common shares or roughly 26% of the 2.04 billion outstanding shares. I have not sold a single share of VSPC common stock and have no near-term plans to sell shares. My shares are not trading, and to the contrary, I plan to increase my share holdings."

"On January 25, 2016, I have entered into a new loan agreement to continue to help fund the Company's operations for the near future. This new convertible loan agreement provides up to an additional $300,000 through the end of January 2017. This money will be used for working capital related to general operations and also including the ongoing commercialization of the Giant King Grass (GKG) business. In addition to assisting the Company with its capital needs, I have been a hands-on, active Board Chairman working directly with the Management Team and I am always available to them. Since becoming Chairman, I have personally traveled to meet with clients/business partners, reviewed various contracts/agreements, supported our management team and I have reviewed and/or edited every VIASPACE press release."

Dr. Schewe continued, "We have come a long way these past three years in a business space where many companies have failed. The biomass and bioenergy business has incredible scientific merit to reduce greenhouse emissions and evolve into a spearhead to reduce the forces of global warming. Despite the current phenomenon of low global oil prices and oil oversupply, the truth is that burning oil and fossil fuels at any price adds to CO2 emissions and global warming. It is our desire to be part of the global warming solution. Making this work economically is a challenge that we are addressing and plan to accomplish. In late December 2015, our CEO, Mr. Haris Basit, and our CTO, Dr. Carl Kukkonen, both came to Denver and we met to review and establish our strategy for 2016. We have divided our business strategy into two lines of business, namely bioenergy and animal feed."

"Our Energia Reino Verde (ERV) 12.3MW Giant King Grass fueled power plant project in Nicaragua has required much of our efforts and resources the past 3 years. We have learned a lot along with our Nicaraguan partners to make this amazing project a reality. We know that baseload power is important (as opposed to intermittent solar or wind power), that all electricity is not priced equally -- that baseload power may cost more than intermittent power, and that with private developers, the financial partners need to make an adequate return on investment. This project is ready to go and is awaiting final government approval. We are not static and waiting, but actively seeking the final government approval. Our Nicaraguan partners have excellent working relationships with the government in Nicaragua."

"One of our corporate strategies to address the economic challenges of this business space is to couple animal feed business activities with biomass and bioelectricity business. In other words, we can create cash flow using GKG animal feed while establishing a GKG plantation for biomass/bioelectricity purposes. We are working with our Nicaraguan partners to advance this concept and believe that our overall project in Nicaragua will be an attractive global business model that can be replicated anywhere that GKG can be successfully cultivated. We are partnered with Almaden Energy Group (AEG) and we are growing GKG for animal feed in California's Central Valley and Imperial Valley. We are moving into the animal feed business ourselves so that we are the experts and self-reliant but can also effectively partner with others as the middle-man. We are rapidly developing significant supportive data and proprietary processes related to our budding animal feed business."

Dr. Schewe concluded, "Last year, we had two long-term shareholders (who were qualified investors) make significant investments in VIASPACE and directly purchase discounted, restricted VSPC shares from the Company. Any qualified investor potentially wanting to make a significant direct investment in VIASPACE can inquire and do the same. We are on the cusp of success and that is why I have committed to another significant loan to VIASPACE. We have active projects and new projects (both bioenergy and animal feed) underway on multiple continents. Every week we receive multiple inquiries from parties interested in biomass, bioenergy and animal feed projects. We have been working with a lobbying firm in Washington DC, since August 2015 to try and participate in government-funded grants and develop government-sponsored partnerships. A successful entrepreneur, Mr. Haris Basit, became our CEO in July 2015 and he and I together know that new revenue creation is our number one priority and job number one. We will continue to work hard to grow the value of this Company and make this Company a green energy and animal feed success."

About VIASPACE Inc.
VIASPACE grows renewable Giant King® Grass as a low-carbon fuel for clean electricity generation; for environmentally friendly energy pellets; and as a feedstock for bio-methane production and for green cellulosic biofuels, biochemicals and biomaterials. Giant King® Grass is a proprietary, high yield, dedicated biomass energy crop. Giant King® Grass when it is cut frequently at 4 to 5 feet tall is also excellent animal feed. The USDA granted approval for planting Giant King® Grass throughout the US and cooperates in exporting by performing the required inspections and issuing the phytosanitary certificate needed for import into foreign countries. Giant King® Grass is being grown in California, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar, Pakistan, Philippines and Guyana. For more information, please go to 
www.VIASPACE.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or IR@VIASPACE.com.

Safe Harbor Statement
Information in this news release includes forward-looking statements. These forward-looking statements relate to future events or future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Such factors include, without limitation, risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including Annual Report on Form 10-K for the year ended December 31, 2014, and other factors over which VIASPACE has little or no control.




January 11, 2016 

Viaspace CEO Visits Giant King Grass Power Plant Project Under Development In Nicaragua


http://www.otcmarkets.com/stock/VSPC/news

WALNUT, Calif., Jan. 11, 2016 /PRNewswire/ -- VIASPACE Inc. (VSPC) reported that CEO, Mr. Haris Basit, visited the Energia Reino Verde Giant King Grass power plant project under development in Nicaragua in December 2015. Chief Technology Officer, Dr. Carl Kukkonen, accompanied him during the visit.

 

Energia Reino Verde (ERV) is a planned 12.3 MW biomass power plant co-located with a 2,100 acre Giant King Grass plantation that is part of a larger 10,000 acre rice plantation and rice mill that provides rice to Agri-Corp, a large diversified food company that has more than 50% of the rice market in Nicaragua. VIASPACE is co-developing this project with Agri-Corp executives and investors. VIASPACE and the Agri-Corp team are equal partners in ERV. The project has received a letter of intent from two international development banks which are working together to provide the debt financing, and the Nicaraguan partners will arrange the majority of the equity financing. The boiler technology has been selected and an engineering, procurement and construction contract has been signed. Giant King Grass has been growing in Nicaragua for more than two years. The project is ready to go, upon approval of the Nicaraguan government.

Mr. Basit met with Mr. Amilcar Ybarra, CEO of Agri-Corp, in Managua to receive a briefing on the ERV project, and visited the rice plantation where the Giant King Grass is growing and met with the agriculture team.

Mr. Basit stated, "I was very impressed with the overall capabilities of Agri-Corp and we are pleased to have them as a partner. I want to thank Mr. Ybarra for hosting my visit. It is clear that the project is very far along and that we will be able to proceed very quickly once we get government approval.  The visit to the rice plantation was very informative.  They plant and harvest about 6,000 acres of rice twice each year. They are extremely professional with top-quality equipment and trained agronomists. It is a large operation that includes an on-site rice mill. Giant King Grass has been growing on the plantation for more than two years, and the power plant will also be co-located on the plantation so that the furthest field will only be 2 miles from the power plant. This makes logistics much simpler and financially efficient."

The Giant King Grass project in Nicaragua will provide reliable 24/7 base electricity that is renewable with zero net carbon dioxide emissions. The project will replace imported oil which is the source of base electricity today, and provide more than 400 rural jobs in Nicaragua. Other renewable energy sources such as solar and wind are intermittent sources that cannot be relied upon continuously and require oil backup electricity to compensate for intermittency. 

Mr. Basit concluded, "The Energia Reino Verde project will be our showroom for customers for future projects throughout the world. VIASPACE has the capability to develop the entire project including the plantation and power plant, and is working with customers and development partners on similar projects around the globe. We and our partners can do everything from a prefeasibility study and financial model through Engineering Procurement and Construction and commissioning of the power plant."

 


♦ December 21, 2015 

VIASPACE Update On Giant King Grass Electricity Projects


http://www.otcmarkets.com/stock/VSPC/news
 

WALNUT, Calif., Dec. 21, 2015 /PRNewswire/ -- VIASPACE Inc. (VSPC) provides an update on electricity projects being pursued by VIASPACE and partners around the world. Several of the projects have been publicly discussed previously and some are new projects. All of the projects have customer sensitivity and some are completely confidential at the request of the customers. The confidential projects will only be described at a high level.

 

Biomass electricity projects using Giant King Grass as the fuel have many unique and favorable characteristics.

  • Renewable energy -- Giant King Grass is a high-yield perennial crop that regrows after cutting and is harvested 2 to 4 times per year for energy.
    Provides 24 hour-per-day, reliable base electricity throughout the year. Other renewable energy sources such as solar and wind are intermittent sources that cannot be relied upon continuously.
    Does not require oil backup electricity to compensate for intermittency.
    Carbon neutral -- Direct combustion of Giant King Grass or burning biogas releases carbon dioxide into the atmosphere. Plants breathe carbon dioxide and the regrowth of the Giant King Grass re-absorbs the same amount of carbon dioxide that was emitted.
    Money stays in the country. In most cases, Giant King Grass replaces imported oil or coal. Growing in country means that the money stays in the country rather than going overseas to pay for oil.
    Creates jobs -- the Giant King Grass plantation creates needed rural agricultural employment in addition to employment at the power plant.

These are important factors for all of our customers. A major negative factor for renewable energy over this recent year has been low oil prices. Many developing countries depend on oil for their electricity. In mid-2014, Giant King Grass electricity was at a much lower price than oil electricity. Today, oil electricity is less expensive than biomass, solar and wind. Electricity producers recognize that oil is not likely to stay at a low price for the 25 year life of a power plant, but they are profiting from the low oil prices while they last. The recent climate conference in Paris has brought new emphasis on clean renewable energy and this is very encouraging.

Current Giant King Grass power plant projects fall into two types.  One method is direct combustion, which produces heat that boils water to make high-pressure steam which turns a turbine connected to a generator which makes electricity. The other method is anaerobic digestion which uses a biological process to convert Giant King Grass into a methane rich biogas which is burned in an engine that turns a generator to make electricity. Direct combustion projects range from 10 MW to 35 MW and even higher. Typical anaerobic digestion projects are from 1 MW to 7 MW.

Direct Combustion Power Plant Projects

  • Energia Reino Verde in Nicaragua is a 12.3 MW project co-located with a 2,100 acre Giant King Grass plantation that is part of a larger 10,000 acre rice plantation.  VIASPACE is co-developing this project with prominent Nicaraguan partners. The project has received a letter of intent from two international development banks which are working together to provide for 70% debt financing, and the Nicaraguan partners will arrange the majority of the equity financing. The boiler technology has been selected and an engineering, procurement and construction (EPC) contract has been signed. Giant King Grass has been growing in Nicaragua for more than two years. The project is ready to go and is awaiting approval from the Nicaraguan government.
    VIASPACE was retained by a customer to conduct a prefeasibility study to essentially reproduce the Nicaragua project in Africa. The prefeasibility study was completed and the customer has indicated that they plan to pursue the project. VIASPACE will provide the Giant King Grass and training for their 2,100 acre plantation.
    Another customer has contracted for a formal feasibility study for a 35 MW Giant King Grass power plant and 6,400 acre Giant King Grass plantation. A draft feasibility study has been delivered to the customer and the final product will be delivered in January 2016. This project is in the Americas.
    VIASPACE is at an earlier stage in providing information for potential projects in Asia and Africa.

Biogas Power Plant Projects

  • Tibbar Energy USVI, LLC is developing an anaerobic digestion (AD), renewable energy facility that will produce a Net of 7MW of base load power that will be sold to Virgin Island Water and Power Authority (WAPA) for the next 25 years on the island of St. Croix. The project will provide almost 20% of the island's base load power. Tania Tomyn, the CEO of Tibbar Energy said, "We have just about finished a 4-month full scale pilot giving us our biogas yields and fertilizer management design." The AD facility will produce its own fertilizer for the farm land Tibbar will grow GKG on and provide small farmers on the island of St. Croix with fertilizer for free.  Tibbar has been growing Giant King Grass on St. Croix for three years.  The project has a fully executed power purchase agreement, and approval from the Virgin Island Public Service Commission (PSC), 27 local and federal permits approved, and the project is in final stages of financial close which is anticipated in early 2016. The carbon neutral project will be a testament to GKG crop production and baseload power production in the Caribbean.
    Clean Energy Solutions Pacific is developing a 2 MW anaerobic digestion power plant in Papua New Guinea. Giant King Grass will be the exclusive fuel. The company has contracted with VIASPACE for a design and engineering study and operations plan of the power plant. These have been completed. The company has a power purchase agreement and is in discussions on the financing of the power plant.
    VIASPACE is pursuing other biogas opportunities in the Americas and elsewhere.

VIASPACE Chief Technology Officer, Dr. Carl Kukkonen, reports, "There are many opportunities for Giant King Grass as a fuel for power plants and as a feedstock for biofuels and biochemicals. The high-yield of Giant King Grass, combined with the logistical and cost advantages of co-location of the power plant and plantation, and continuous just-in-time harvesting, make Giant King Grass the least expensive biomass energy crop. Giant King Grass can also be co-fired with seasonal agricultural waste such as rice straw or sugarcane bagasse. VIASPACE has the ability to deliver an entire biomass power plant solution including the Giant King Grass plantation and the power plant itself which is available from our well-known partners.  The recent climate conference in Paris should make zero carbon biomass electricity more attractive. Giant King Grass can also be used to make pellets and bio coal for co-firing with coal to reduce carbon dioxide emissions."

VIASPACE Chairman, Dr. Kevin Schewe, commented, "Zero carbon biomass energy projects have been facing economic headwinds given the recent low cost of oil. We know that oil prices fluctuate and will eventually go up again. On December 12, 2015, 195 countries agreed by consensus to a global climate pact, the Paris Agreement, to reduce emissions as part of the method for reducing greenhouse gas. In the 12-page document, the members agreed to reduce their carbon output 'as soon as possible' and to do their best to keep global warming to well below 2 degrees Celsius. France's Foreign Minister, Laurent Fabius, said this 'ambitious and balanced' plan was a 'historic turning point' in the goal of reducing global warming. We are hopeful that this renewed international emphasis on global warming and reduction of CO2 levels will translate into bonafide economic stimulus or carbon credits that will accelerate the attractiveness of our business model for biomass derived electricity. We are making every effort to finalize the projects in our immediate pipeline which will serve as excellent carbon neutral examples for the global community."

About VIASPACE Inc.
VIASPACE grows renewable Giant King® Grass as a low-carbon fuel for clean electricity generation; for environmentally friendly energy pellets; and as a feedstock for bio-methane production and for green cellulosic biofuels, biochemicals and biomaterials. Giant King® Grass is a proprietary, high yield, dedicated biomass energy crop. Giant King® Grass when it is cut frequently at 4 to 5 feet tall is also excellent animal feed. The USDA granted approval for planting Giant King®Grass throughout the US and cooperates in exporting by performing the required inspections and issuing the phytosanitary certificate needed for import into foreign countries. Giant King® Grass is being grown in California, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar, Pakistan, Philippines and Guyana.  For more information, please go to www.VIASPACE.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 orIR@VIASPACE.com.

Safe Harbor Statement
Information in this news release includes forward-looking statements. These forward-looking statements relate to future events or future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Such factors include, without limitation, risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including Annual Report on Form 10-K for the year ended December 31, 2014, and other factors over which VIASPACE has little or no control.




♦ November 16, 2015

VIASPACE Reports Progress On Giant King® Grass Animal Feed


http://www.otcmarkets.com/stock/VSPC/news

WALNUT, Calif., Nov. 16, 2015 /PRNewswire/ -- VIASPACE Inc. (VSPC) has been working intensively on growing Giant King® Grass (GKG) in California at the VIASPACE nursery, the University of California Desert Research and Extension Center, and with our partner Almaden Energy Group, LLC (AEG) for the past six months. This press release outlines the progress so far in this effort.

 

A detailed analysis of GKG for animal feed has been conducted using GKG grown at the VIASPACE nursery and independently at University of California research farm in Holtville, CA.  This study, done in concert with professional agronomists and animal nutritionists, helped determine the optimum time to harvest so as to maximize yield and feed value and thus revenue. The study included analysis of dozens of samples, taken at various maturities, for the yield as well as for the concentration of over thirty different nutrients and minerals.  Peak nutritional value and yield versus maturity were determined.

In addition to the nutrition studies, GKG at UC Holtville was mechanically harvested using a conventional swather, dried in the field and then baled into hay. Some GKG bales were sent to a local dairy for feed trials and some were used to produce animal feed pellets using a commercial pellet company. The pellets were analyzed for nutritional content and palatability. Animal feed can be used in the form of fresh chopped GKG, silage, hay or pellets.  Samples of GKG from multiple harvests in 2015 have been provided to local farmers and successfully fed to cows, goats and pigs.  The nutrition analysis shows that GKG is also suitable for horses.

AEG has leased a twenty-six acre plot of land in Imperial County, CA and also engaged a professional grower to grow Giant King Grass.  Twenty acres were planted in August 2015 utilizing several different techniques and planting densities.  Both manual and automated planting techniques were utilized.  Careful measurement of the cost and effectiveness of each technique has been performed.  This is a necessary step prior to scaling GKG for large production acreage.  Additional planting techniques have been tested in October and more will be tested in spring of 2016.  Testing to determine optimum harvesting and baling techniques will be carried out in the first half of 2016. Furthermore, these 26 acres have been outfitted with equipment to accurately measure water utilization and confirm the water efficiency of GKG on a larger scale.

A second smaller plot of land has been planted in California's Central Valley in the heart of the largest and most concentrated dairy region within the United States.  Dairies are particularly sensitive to the nutritional content of their feed and usually benefit the most from quality feed with high protein content.  The purpose of this plot is to determine if GKG can be cost effectively grown this far north in a climate that is significantly cooler than Imperial County.  We are working closely with a major dairy and their professional nutritionists to establish the value of GKG within the dairy industry.  If GKG can be cost effectively grown in this region, it may be able to replace crops that consume far greater amounts of water than GKG, thus alleviating a crucial water shortage in that region.

VIASPACE Chief Executive Officer, Haris Basit, stated, "VIASPACE is excited about the potential for using GKG as animal feed.  Early tests indicate that GKG provides high quality animal nutrition using less acreage and water than existing forage crops. This potentially addresses the most important problems facing agriculture in California today. We have gotten excellent cooperation from major dairies and are hopeful that animal feed will open up a new major market for us."

VIASPACE board chairman, Dr. Kevin Schewe, commented, "We have strategically divided our business into two lines, animal feed and bioenergy. We believe that animal feed will represent an expedient and economically viable pathway to drive our business forward. VIASPACE and AEG are investing the necessary effort and resources to insure that we are responsible for our own success in commercializing GKG for animal feed. I am very pleased with the entrepreneurship and business enterprise skills that Mr. Basit has brought to VIASPACE. We mutually understand and agree on the importance and priority to get more significant revenues moving through this company. VIASPACE will be providing an update on energy related projects separately in the coming weeks."

AEG is focused on commercializing GKG for animal feed within the continental United States. AEG and VIASPACE have equity ownership in each other, three VIASPACE board members are also board members in AEG, and Haris Basit is CEO of both VIASPACE and AEG.

About VIASPACE Inc.
VIASPACE grows renewable Giant King® Grass as a low-carbon fuel for clean electricity generation; for environmentally friendly energy pellets; and as a feedstock for bio-methane production and for green cellulosic biofuels, biochemicals and biomaterials. Giant King® Grass is a proprietary, high yield, dedicated biomass energy crop. Giant King® Grass when it is cut frequently at 4 to 5 feet tall is also excellent animal feed. The USDA granted approval for planting Giant King®Grass throughout the US and cooperates in exporting by performing the required inspections and issuing the phytosanitary certificate needed for import into foreign countries. Giant King® Grass is being grown in California, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar, Pakistan, Philippines and Guyana.  For more information, please go to www.VIASPACE.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 orIR@VIASPACE.com.

Safe Harbor Statement
Information in this news release includes forward-looking statements. These forward-looking statements relate to future events or future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Such factors include, without limitation, risks outlined in our periodic filings with the U.S. Securities and Exchange Commission, including Annual Report on Form 10-K for the year ended December 31, 2014, and other factors over which VIASPACE has little or no control.



 

 

VIEW ALL PAST PRESS RELEASE HERE:
http://viaspace.com/pressreleases.php


 


 

 
Giant King Grass: A Renewable and Sustainable Alternative to Fossil Fuels: 
http://viaspace.com/giant_king_grass.php

Giant King Grass: The New Biomass for Green Energy:
http://viaspace.com/giant_king_grass_info.php

Biomass Versus Fossil Fuels, Solar and Wind:
http://viaspace.com/biomass_versus_alternatives.php



 

Management Team
 


  •  

Mr. Haris Basit, CEO

Mr. Haris Basit, CEO

On July 10, 2015, Mr. Basit was appointed CEO of the Company and a member of the Board of Directors. Mr. Basit co-founded Almaden Energy Group (AEG), LLC which partners with VIASPACE to grow Giant King Grass in the USA for animal feed. Since 2012, Mr. Basit has been providing Corporate Strategy Consulting to senior executives of publicly traded companies to help identify new growth opportunities and partnerships. Mr. Basit currently serves on a technical advisory committee to UNOS, a private, non-profit organization that manages the nation's organ transplant system. He was a consultant to Liebman and Associates, the premier clean energy lobbying firm in Washington, DC. He has provided entrepreneurship mentoring for University of California Berkeley MBA students. He started his career as a Staff Engineer at IBM moving on to became a Manager at Rockwell International, a Manager at Bell Labs, Vice President of Business Development for OEA International and then Founder/CEO of both Multigig, Inc. and Mobius Power, LLC. Mr. Basit received his MSEE from the University of Illinois, Urbana-Champaign in 1986. He also earned a BSEE from University of Illinois, Urbana-Champaign in 1984.

 

Dr. Carl Kukkonen: CEO, Co-Founder

Dr. Carl Kukkonen: CTO, Co-Founder

From its founding in 1998 Dr. Carl Kukkonen has led the VIASPACE team, serving as CEO of ViaSpace Technologies LLC, the predecessor of VIASPACE Inc., and serving as CEO from its formation through July 9, 2015. On July 10, 2015, Dr. Kukkonen became Chief Technology Officer (CTO) of the Company. ViaSpace Technologies incubated several companies based on technologies developed at the NASA Jet Propulsion Laboratory and patents and software licensed from Caltech.

Prior to founding VIASPACE Dr. Kukkonen was a Caltech employee, serving as Director of the Center for Space Microelectronics Technology (CSMT) and Manager of Supercomputing at the NASA Jet Propulsion Laboratory. At JPL from 1984 to 1998 he managed several technologies and technical subsidiaries. Dr. Kukkonen established and grew the CSMT into a 250-person operation with a $70M annual budget.

From 1977 to 1984 Dr. Kukkonen worked for the Ford Motor Company as Ford's leading expert on hydrogen as an alternative automotive fuel. As a Principal Research Engineer, he also led a team that developed Ford's first turbocharged intercooled direct injection diesel engine. Dr. Kukkonen received a BS in physics from the University of California at Davis. He earned a MS and Ph.D. in physics from Cornell University and was a post-doctoral fellow at Purdue. In 1992 Dr. Kukkonen was awarded the NASA Exceptional Achievement Medal.

 

Stephen J. Muzi: CFO and Treasurer

Stephen J. Muzi: CFO and Treasurer

Mr. Stephen J. Muzi is responsible for all accounting, financial reporting, treasury and budgeting activities. He is also responsible for ensuring that proper internal financial controls exist and that procedures are in place to safeguard company assets. Mr. Muzi joined VIASPACE in 2000.

Prior to joining VIASPACE, Mr. Muzi was Corporate Controller of Southwest Water Company, a NASDAQ company with revenues in excess of $100 million. In this position, he was responsible for all SEC reporting requirements as well as Board of Director reporting. He managed the company's line of credit banking relationships, risk management program, internal audit program and income tax requirements. He also made presentations to investment brokers and analysts. Mr. Muzi was with Southwest Water Company from 1988 to 2000.

From 1985 to 1987, Mr. Muzi was a senior auditor with BDO Seidman, a national CPA firm. Mr. Muzi received his BS degree from Rochester Institute of Technology and an MBA from the State University of New York at Buffalo. He is a Certified Public Accountant.


 

 Board of Directors


Dr. Carl Kukkonen: CEO, Co-Founder

Dr. Carl Kukkonen: CTO, Co-Founder

From its founding in 1998 Dr. Carl Kukkonen has led the VIASPACE team, serving as CEO of ViaSpace Technologies LLC, the predecessor of VIASPACE Inc., and serving as CEO from its formation through July 9, 2015. On July 10, 2015, Dr. Kukkonen became Chief Technology Officer (CTO) of the Company. ViaSpace Technologies incubated several companies based on technologies developed at the NASA Jet Propulsion Laboratory and patents and software licensed from Caltech.

Prior to founding VIASPACE Dr. Kukkonen was a Caltech employee, serving as Director of the Center for Space Microelectronics Technology (CSMT) and Manager of Supercomputing at the NASA Jet Propulsion Laboratory. At JPL from 1984 to 1998 he managed several technologies and technical subsidiaries. Dr. Kukkonen established and grew the CSMT into a 250-person operation with a $70M annual budget.

From 1977 to 1984 Dr. Kukkonen worked for the Ford Motor Company as Ford's leading expert on hydrogen as an alternative automotive fuel. As a Principal Research Engineer, he also led a team that developed Ford's first turbocharged intercooled direct injection diesel engine. Dr. Kukkonen received a BS in physics from the University of California at Davis. He earned a MS and Ph.D. in physics from Cornell University and was a post-doctoral fellow at Purdue. In 1992 Dr. Kukkonen was awarded the NASA Exceptional Achievement Medal.


Angelina Galiteva

Angelina Galiteva

Angelina Galiteva was appointed by California’s Governor Jerry Brown and subsequently approved by the State Senate to the California Independent System Operator Corporation Board of Governors. The Independent System Operator is responsible for the reliable operation of the electrical grid in the state of California and for the efficient integration of the 33% Renewable Portfolio Standard mandate.

Ms. Galiteva, is also a Principal at NEOptions, Inc., a renewable energy and new technology product design and project development firm. Her industry experience includes serving as Executive Director of the Los Angeles Department of Water and Power and head of its Green LA, Environmental Affairs and New Product Development Organization. While at the municipal utility, she was responsible for strategic positioning and the environmental compliance departments. Her career includes working with the California ISO and Power Exchange on their initial launches and she also worked as a power analyst for the New York Power Authority.

Ms. Galiteva graduated from Pace University School of Law with a Juris Doctor degree and an LL.M. degree in Environmental and Energy Law. She specialized in electric utility strategic policy analysis and decision making focusing on pending industry transition and integration of renewable energy technologies in the utility mix.

Ms. Galiteva works to advance the use of renewable energy and distributed energy technologies worldwide. In the non government organization (NGO) arena, she is the founder of the Renewables 100 Policy Institute and also serves as the Chairperson for the World Council for Renewable Energy. Both organizations are dedicated to the successful deployment of renewable energy technologies and the policies that support them on a global scale.

 
Dr. Kevin L. Schewe, MD

Kevin L. Schewe, MD, Chairman

Kevin L. Schewe, MD was appointed to the VIASPACE Board of Directors on January 19, 2012. Dr. Schewe is a Board-Certified Radiation Oncologist and a Fellow of the American College of Radiation Oncology. Dr. Schewe has devoted his 25-year medical career and practice in the fight against cancer. He currently serves as Medical Director of Radiation Oncology at the Red Rocks Medical Center in Golden, Colorado and also at the Thornton Cancer Center Department of Radiation Oncology in Thornton, Colorado. The two cancer centers are co-owned by Dr. Schewe and HealthONE, the Colorado Division of Hospital Corporation of America (HCA) which is the largest private operator of healthcare facilities in the world and listed on the New York Stock Exchange.

Dr. Schewe has also developed a premium line of skin care and cosmetic products that help to naturally heal, protect, repair and subsequently maintain not only the damaged skin of cancer patients, but also individuals who have experienced skin damage resulting from aging, dryness, UV exposure, other illnesses, and environmental pollution. These products are manufactured and sold by Dr. Schewe’s company Elite Therapeutics http://www.elitetherapeutics.com/.

 
Mr. Haris Basit, CEO

Mr. Haris Basit, CEO

On July 10, 2015, Mr. Basit was appointed CEO of the Company and a member of the Board of Directors. Mr. Basit co-founded Almaden Energy Group (AEG), LLC which partners with VIASPACE to grow Giant King Grass in the USA for animal feed. Since 2012, Mr. Basit has been providing Corporate Strategy Consulting to senior executives of publicly traded companies to help identify new growth opportunities and partnerships. Mr. Basit currently serves on a technical advisory committee to UNOS, a private, non-profit organization that manages the nation's organ transplant system. He was a consultant to Liebman and Associates, the premier clean energy lobbying firm in Washington, DC. He has provided entrepreneurship mentoring for University of California Berkeley MBA students. He started his career as a Staff Engineer at IBM moving on to became a Manager at Rockwell International, a Manager at Bell Labs, Vice President of Business Development for OEA International and then Founder/CEO of both Multigig, Inc. and Mobius Power, LLC. Mr. Basit received his MSEE from the University of Illinois, Urbana-Champaign in 1986. He also earned a BSEE from University of Illinois, Urbana-Champaign in 1984.

 



 

 

 







THE ABOVE INFORMATION WAS UPDATED BY BIG CASINO 1518





 


 


 

 

 
 
 

 

 

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VSPC
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VSPC News: Current Report Filing (8-k) 07/19/2016 06:05:30 AM
VSPC News: Current Report Filing (8-k) 06/14/2016 06:05:50 AM
VSPC News: Current Report Filing (8-k) 06/03/2016 04:14:27 PM
VSPC News: Quarterly Report (10-q) 05/23/2016 04:43:43 PM
VSPC News: Current Report Filing (8-k) 05/17/2016 04:44:22 PM
PostSubject
#28786  Sticky Note A little history lesson about VSPC & Carl: Big Casino 1518 05/13/15 08:14:39 PM
#29013   Wow. Look at that volume. drive 07/08/16 05:52:43 PM
#29012   Not much to talk about news wise, on Big Casino 1518 07/03/16 02:28:03 PM
#29011   I winter in the imperial valley and have llh222 06/20/16 02:03:27 PM
#29010   Apparently GKG is being grown by Texas A&M Big Casino 1518 06/09/16 11:39:33 AM
#29009   Wow. Nothing but silence from the "company". Big Casino 1518 06/01/16 10:32:53 PM
#29008   Wow. Look at that volume. drive 05/24/16 11:30:20 AM
#29007   When you continually screw the shareholders, the smart drive 05/23/16 05:45:17 PM
#29006   10-Q is out! Carl, Kevin & Haris Big Casino 1518 05/23/16 05:35:22 PM
#29005   10-Q due out sometime. Wonder if they Big Casino 1518 05/16/16 09:24:59 AM
#29004   No news since the last 10-K, which is disheartening. Big Casino 1518 04/30/16 06:17:20 PM
#29003   Here is the shareholders money hard at work Big Casino 1518 04/26/16 04:52:14 PM
#29001   Chang is irrelevant? Big Casino 1518 04/16/16 11:10:26 PM
#29000   Free or not to Chang is irrelevant. Dr rodman 04/16/16 11:25:16 AM
#28999   Chang dumped 16 million shares in 2015 Big Casino 1518 04/15/16 01:13:31 PM
#28998   2015 losses vs 2014 Losses Big Casino 1518 04/15/16 01:12:13 PM
#28997   Yep. Nicaragua doesn't have an extradition treaty Big Casino 1518 04/14/16 05:11:29 PM
#28996   Nicaragua article has it going on and place rodman 04/14/16 04:29:45 PM
#28995   More Schewe money!!! Big Casino 1518 04/14/16 03:27:28 PM
#28993   They've been pumping animal feed for at least Big Casino 1518 04/11/16 12:56:41 PM
#28992   Its obvious there will be even greater value rodman 04/11/16 07:01:24 AM
#28991   New "agreement" with Chang. Big Casino 1518 04/10/16 04:27:06 PM
#28990   Congratulations Drive ! mroads 04/05/16 02:09:55 PM
#28988   Remember how often I say the "business" travel Big Casino 1518 04/01/16 10:42:23 AM
#28987   Since the 10-K wasn't filed today, most likely Big Casino 1518 03/30/16 06:20:24 PM
#28984   Smart move. Big Casino 1518 03/20/16 10:08:15 PM
#28983   I sold every share of this pos over drive 03/20/16 03:37:03 PM
#28980   SEC cracking down on Green Energy company scams? Big Casino 1518 03/15/16 04:14:51 PM
#28979   Wonder what 5-star resort Carl and Noreen are Big Casino 1518 03/11/16 10:12:43 AM
#28977   If I go to my bank and say Big Casino 1518 03/03/16 11:38:47 AM
#28976   Big Casino that is one way to look joshgets46 03/03/16 10:36:49 AM
#28975   HA! This "company" gets more and more Big Casino 1518 03/02/16 01:53:07 PM
#28974   From the 2/22/2016 PR: Big Casino 1518 02/25/16 05:35:14 PM
#28973   Almost an entire month since the last PR Big Casino 1518 02/22/16 07:38:53 PM
#28972   Carl & Co. must be having a difficult Big Casino 1518 02/17/16 01:12:12 PM
#28971   No PR about a new animal feed MOU. Big Casino 1518 02/07/16 04:48:04 PM
#28970   A new animal feed contract signed? OAMOT! rodman 02/07/16 07:53:19 AM
#28968   Agreed. Things are looking good moving forward. VSPC 4on4off 01/30/16 04:44:26 PM
#28967   Just another Kukkonen lie to sell more shares! Big Casino 1518 01/30/16 10:54:30 AM
#28966   We are on the cusp of success and rodman 01/30/16 09:21:12 AM
#28965   New Schewe loan is out - Big Casino 1518 01/28/16 08:53:26 PM
#28964   From the 10/1/2013 PR - "VIASPACE Chairman Commemorates Big Casino 1518 01/28/16 04:11:52 PM
#28963   No guarantees but Agricorp/Viaspace Inc. will have many rodman 01/28/16 09:29:56 AM
#28962   One of our corporate strategies to address the SmallCapsMarket 01/27/16 03:10:08 PM
#28961   VIASPACE CHAIRMAN ANNOUNCES NEW LOAN AGREEMENT AND ISSUES 4on4off 01/27/16 12:03:52 PM
#28958   I do have to say one thing about Chang...... SmallCapsMarket 01/25/16 06:15:58 PM
#28957   I too remain positive. pontiyak 01/25/16 04:44:13 PM
#28956   I intend to watch it grow and it 4on4off 01/25/16 01:36:11 PM
#28955   Viaspace will report closing projects and funding! rodman 01/25/16 09:55:31 AM
#28954   Yes, you are 100% correct that VSPC has joshgets46 01/22/16 10:30:30 AM
#28953   The "following".... ???? pontiyak 01/21/16 06:55:17 PM
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