Fidelity SPDR Advertisement
Home > Boards > US OTC > Alternative Energy >

Viaspace, Inc. (VSPC)

VSPC RSS Feed
Add VSPC Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator Big Casino 1518
Search This Board:
Last Post: 9/18/2014 9:44:39 AM - Followers: 149 - Board type: Free - Posts Today: 1

VIASPACE, INC. (VSPC)


http://viaspace.com/




THE FOLLOWING INFORMATION WAS ADDED BY 4ON4OFF

SHARE STRUCTURE PER TRANSFER AGENT

(Nevada Agency and Transfer Company)

Email: info@natco.org


A/S      = 1,800,000,000 a/o Mar 27, 2014
O/S      = 1,502,548,987 a/o Mar 27, 2014 
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:********************


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


♦ April 28, 2014 VIASPACE Signs Contract and Plants Giant King Grass for Pellet Mill in Guyana, South America
http://www.otcmarkets.com/stock/VSPC/news


WALNUT, Calif., April 28, 2014 /PRNewswire via COMTEX/ -- VIASPACE Inc. (OTCQB: VSPC) today announced that the company has signed a contract with Emunite Energy Solutions Inc. to provide Giant King Grass for its planned 100,000 ton per year pellet mill. Giant King Grass was delivered to Guyana and planted April 15-17, 2014. VIASPACE received an initial payment, and will receive an ongoing license fee upon production.

Emunite Energy Solutions is based in St. Lucia, West Indies. The company is dedicated to the development and successful implementation of sustainable renewable energy solutions that replace fossil fuel powered generation plants in developing nations. Emunite focuses on solutions that address the power and energy challenges faced by developing nations, while simultaneously providing an economic stimulation to the agricultural sectors. Further information on Emunite is available on their website www.emuniteenergy.com.

Emunite CEO, Mr. Glenrick White, stated, "We are happy to team with VIASPACE to provide Giant King Grass as a dedicated energy crop for our pellet mill. Giant King Grass pellets will be exported to the USA and Europe to replace coal in existing coal-fired power plants, thus reducing their carbon dioxide emissions. This renewable energy project is good for the global environment, and provides agriculture and industrial jobs in Guyana. This project has received support from the Ministry of Agriculture as well as Go Invest Guyana and is seen as a viable boost not only to employment but also to foreign exchange. We have partnered with a local team lead by David Searam and Arnold Doobay to facilitate the provision of alternative employment and promotion of agriculture for the area of Kwakwani, a predominantly logging area."

Guyana is on the northern coast of South America, bordered by Venezuela, Brazil and Suriname and the Atlantic Ocean. Guyana is a former British colony where English is spoken. Although not actually in the Caribbean, Guyana is considered more Caribbean than South American and is better known for playing cricket as opposed to football (soccer). Guyana is the size of Great Britain or the same size as Minnesota in the US, but has a population of only 795,000 people. Economic activity includes agriculture-- rice, sugarcane and food crops, bauxite, gold and diamond mining and timber. It is located about 6 degrees north of the equator and includes a large tropical rain forest and savanna grasslands.

Dr. Carl Kukkonen, VIASPACE CEO, reported, "I personally went to Guyana to oversee the planting. I was very impressed with the professionalism of the Guyana team. The Giant King Grass, which originated from our nursery in California, was planted in savanna grassland that is adjacent to the rain forest. The Guyana team is confident that rainfall will be sufficient and that additional irrigation is not needed. The planting is only 140 miles from Georgetown, the capital, and is strategically placed, being very close to the Berbice River where timber is currently exported, and pellets can be easily transported to the river for export. The tropical climate of Guyana is ideal for growing Giant King Grass. Near the coast, they grow a lot of sugarcane. However, there are vast areas in the interior suitable for Giant King Grass where nothing of significant economic value is growing now. This represents a large business opportunity for Guyana and for VIASPACE."

VIASPACE Board Chairman, Dr. Kevin Schewe, added, "The announcement of this project with Emunite is important to our Company and its shareholders for two significant reasons. First, VIASPACE now has Giant King Grass growing on the continent of South America which we know is a very large market for our product and business model. Second, our partner's plan here is to use VIASPACE Giant King Grass to produce biomass pellets for export to Europe and the USA. Our shareholders know how financially important the global pellet market is. The current global market volume of demand for biomass pellets is about 16 million metric tons annually and is projected to essentially triple to 46 million tons annually by 2020, representing a total market value of $8 billion U.S. Most of the near-term growth is predicted in wood fuel pellet markets worldwide. At VIASPACE, we know that we have a better solution to this demand. Our product, Giant King Grass, is rapidly and continuously renewable (can be harvested at 15 feet height twice per year in a rain forest climate like Guyana) as opposed to trees which provide a vital environmental canopy and have a long life cycle."

Dr. Schewe concluded, "I am truly excited for our Company and its shareholders to add Guyana and South America to our global footprint! VIASPACE is succeeding in building a pipeline of widely diverse, renewable, green energy biomass projects (and animal feed projects) both domestically and across the globe using our Giant King Grass biomass platform product. We are getting multiple deals in place and creating a pipeline for future revenues. 2014 has started very strong for us and we have much more to report going forward."

Pictures of the planting in Guyana are available on the VIASPACE Facebook page www.facebook.com/viaspaceinc.

VIASPACE press releases including pictures are sent out to people on the VIASPACE mailing list. Sign-up at the VIASPACE website www.VIASPACE.com.

About VIASPACE Inc.VIASPACE grows renewable Giant King(TM) 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, Arizona, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar, Pakistan 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 StatementInformation 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, 2013, and other factors over which VIASPACE has little or no control.

SOURCE VIASPACE Inc.





♦ April 22, 2014 VIASPACE Customer Initiates 22 Acre Giant King Grass Production Nursery In Imperial Valley California
http://www.otcmarkets.com/stock/VSPC/news



WALNUT, Calif., April 22, 2014 /PRNewswire via COMTEX/ -- VIASPACE Inc. (OTCQB: VSPC) today announced that Mesquite Lake Water and Power LLC has planted a 22 acre nursery of Giant King Grass in the Imperial Valley of Southern California. More than 2,200 acres of Giant King Grass can be produced from this nursery as early as September 2014.

Previously VIASPACE reported that it had signed a contract with Mesquite Lake Water and Power to provide Giant King Grass for an 18 MW biomass power plant and a companion advanced biofuels facility which are a part of the Mesquite Lake Energy Park that is being developed in Imperial, California.

Mr. Rodney L. Williams, managing member of Mesquite Lake, stated, "We are moving quickly to establish the Giant King Grass as a viable energy crop to be grown in the Imperial Valley. Our goal is to be prepared with fuel on hand when the power plant reopens. VIASPACE is working closely with our team. Within two weeks of signing the contract, we had Giant King Grass planted in the Valley. We are experiencing plant germination and emergence daily! This is the initial step involved in the creation of developing large tracts of land in the Imperial Valley for commercial production."

VIASPACE CEO, Dr. Carl Kukkonen, stated, "Giant King Grass is grown from cuttings not from seeds which is the same way that sugarcane is propagated. We harvested Giant King Grass at the dedicated VIASPACE nursery in Southern California and prepared 5 tons of propagation material which were picked up by Mesquite Lake and taken to the Imperial Valley and planted. Mesquite Lake is an important project for the Imperial Valley and for VIASPACE and we are fully supporting it."

The 22 acre Giant King Grass propagation nursery is in the center area of a one square mile (640 acre) section that currently has wheat planted on it. The soil was tilled and manure was incorporated to provide fertilizer. After smoothing, a GPS guided tractor created the furrows for planting the Giant King Grass. The Imperial Valley is hot and dry, but has abundant irrigation water. A sprinkler system was installed to provide irrigation for germination and steady growth. The Giant King Grass was manually planted. This process was quite efficient, but mechanical planting will also be available.

VIASPACE Board Chairman, Dr. Kevin Schewe, further explained, "For a typical new customer, we usually start with a 5 acre Giant King Grass propagation nursery which serves to prove that Giant King Grass grows well in that specific locale and provides adequate Giant King Grass seedlings/nodes to propagate a plantation corresponding to the client's timetable. Our project with Mesquite Lake Water and Power is very different and exciting for our company and its shareholders. We know that Giant King Grass will thrive in Imperial Valley because it is right next door to our Southern California dedicated VIASPACE corporate nursery. In Imperial Valley, we shipped 5 tons of seedlings and planted 22 acres as the starting point. I strongly encourage all interested parties and investors to examine the pictures that we have posted on our VIASPACE Facebook page showing the Imperial Valley planting and irrigation. Our partner is experienced in agriculture and has access to adequate land. We planted 22 acres because it can be rapidly propagated to 2,200 acres this year. Our partner plans to restart their 18MW power plant (Mesquite Lake Energy Park Plant #1) and fuel it with a combination of wood waste and Giant King Grass. They also plan to convert ML Energy Park Plant #2 to produce advanced biofuels using Giant King Grass as the dedicated feed stock."

Dr. Schewe concluded, "Dr. Kukkonen recently traveled to Denver, Colorado and we jointly met with potential project financing sources and we were very well received. Our general business plan for revenues based on our Giant King Grass license fees, the combination of license fees plus the sale of electricity and partnering for advanced biofuels, pellet production and animal feed projects was likened to establishing a large pipeline of 25-year corporate annuities. We are now seeing increased financial interest in continuously renewable, biomass-based, green energy production. Dr. Kukkonen left Denver and then traveled to another continent to supervise the planting of Giant King Grass for another new client which we will soon announce. Our shareholders and investors want to see significant revenue and we are very actively building that revenue pipeline. VIASPACE is on the leading edge of what needs to be done to advance renewable, biomass-based, carbon-neutral, green energy."

Pictures of the harvest at the VIASPACE nursery and planting in Imperial Valley are available on the VIASPACE Facebook page www.facebook.com/viaspaceinc.

VIASPACE press releases (sometimes with pictures) are sent out to individuals on the VIASPACE mailing list. To sign-up, please visit the VIASPACE website www.VIASPACE.com.

About VIASPACE Inc.VIASPACE grows renewable Giant King(TM) 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, Arizona, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar and Pakistan. 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 StatementInformation 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, 2013, and other factors over which VIASPACE has little or no control.

SOURCE VIASPACE Inc.




 
♦ April 7, 2014 VIASPACE CEO Provides Nicaragua 12 MW Power Plant Project Update at International Biomass Conference
http://www.otcmarkets.com/stock/VSPC/news
 


WALNUT, Calif., April 7, 2014 /PRNewswire via COMTEX/ -- VIASPACE Inc. (OTCQB: VSPC) today announced that VIASPACE and its Nicaraguan partners are forming a company in Nicaragua to own and operate the Giant King Grass plantation and co-located 12 MW power plant. The company is named "Energia Reino Verde" or in English "Green Kingdom Energy".

At the International Biomass Conference held in Orlando, Florida March 24-26, 2014, VIASPACE CEO, Dr. Carl Kukkonen, reported progress on the Nicaragua project in a special session dedicated to international projects. The 7th annual International Biomass Conference with more than 1,100 attendees featured workshops on Bioenergy Project Development and the Pellet Supply Chain, as well as tracks on biomass power, biogas, advanced biofuels and biobased chemicals, pellets and international projects. There were also more than 200 exhibitors.

According to Kukkonen's presentation, VIASPACE and Nicaraguan partner AGRICORP have signed a project development agreement. The 12 MW biomass power plant will be fueled by a 2,100 acre Giant King Grass plantation that is co-located with the Miramontes rice plantation which is located on and irrigated from Lake Nicaragua. Giant King Grass has been growing well there since 2012. Rice husks from the Miramontes rice mill will be a secondary fuel providing about 5% of the overall fuel requirement.

The project will generate 84,000,000 kWh of saleable electricity which will be transmitted on the national grid and sold both to the grid and to private customers. The project lifetime is 25 years. Meetings have been held with both debt and equity financiers. It is expected that 70% of the project cost will be covered by debt and 30% by equity. The prefeasibility study has been completed and the formal feasibility study process is underway.

Kukkonen reports, "The International Biomass Conference was very valuable. Many US and global biomass and green energy companies attended, and we were able to schedule meetings that otherwise would have required extensive travel. My presentation was very well received and several parties are interested in replicating our Nicaragua project in their countries. I met with potential partners and customers from the US, Europe, Mexico, Central and South America as well as Asia. I expect that new business will develop from this conference."

Kukkonen continued, "The Nicaragua project is our flagship. VIASPACE is playing the role of project co-developer as well as supplier of Giant King Grass. Many potential customers are following this project closely. VIASPACE's strategic goal is to assemble an engineering, construction and financing team that we can work with on this project and many others in the future."

Dr. Kevin Schewe, VIASPACE Board Chairman, commented, "The International Biomass Conference and Expo is the largest biomass conference in North America. The technical sessions contain the most comprehensive biomass presentations gathered from around the world. We are pleased that Dr. Kukkonen was invited to speak at the International Colloquium Bonus Session and give an update on our 2,100 acre Giant King Grass plantation and co-located 12MW power plant in Nicaragua. We used this forum to first announce "Energia Reino Verde" ("Green Kingdom Energy"), our new joint company formed to generate 84,000,000 kWh of saleable electricity to the Nicaraguan power grid and to private customers. As co-developer, VIASPACE both supplies Giant King Grass and is a partner in the sale of electricity. Another beauty of this project is our role to assemble an essential and efficient business development framework that can be replicated in the region and globally. VIASPACE is now very busy creating a widely diverse and robust international and domestic revenue pipeline using Giant King Grass as the continuously, renewable biomass platform for producing green electricity, advanced biofuels and animal feed."

Pictures from Nicaragua are posted on the VIASPACE Facebook page www.facebook.com/viaspaceinc. The presentation at the International Biomass Conference is posted on the VIASPACE website www.viaspace.com .

About VIASPACE Inc.

VIASPACE grows renewable Giant King(TM) 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, Arizona, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar and Pakistan. 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, 2013, and other factors over which VIASPACE has little or no control.

SOURCE VIASPACE Inc.




♦  March 31, 2014 SPACE and Tibbar Energy Announce Final St. Croix Government Approval to Construct 7-Megawatt Biogas Power Plant
http://ih.advfn.com/p.php?pid=nmona&article=61650546


WALNUT, Calif., March 31, 2014 /PRNewswire/ -- VIASPACE Inc. (OTCQB: VSPC) today announced that the St. Croix government has approved Tibbar Energy's permit to build a 7-megawatt biogas power plant on the island of St. Croix. The government approved the permit on Tuesday evening, March 25, 2014 during a meeting at the Virgin Islands Port Authority.

 

The final approval came from the Virgin Island Department on Planning and Natural Resources' Division of Coastal Zone Management (CMZ). The CMZ decision was the last step that Tibbar Energy needed in order to begin construction on its 7-megawatt biogas power plant which will supply electricity created from VIASPACE Giant King Grass to the Virgin Island Water and Power Authority (WAPA) for at least the next 25 years.

Tania Tomyn, Tibbar Energy CEO, stated, "Tibbar is thrilled about building its renewable energy plant on St. Croix. We will provide 7 megawatts of base load power for WAPA for the next 25 years from Giant King Grass grown on the island. Tibbar is required to begin producing power by December 2015 pursuant to the power purchase agreement. WAPA has no other base load renewable power source and Tibbar's project will allow WAPA to be compliant under the Renewable Portfolio Standard. Tibbar's general contractor will begin site work as early as May or June and the expected schedule is 18 months for both the farming operations and the biogas plant. The project should create more than 150 jobs during construction and 35 permanent jobs."

Mary Eckard, President of the St. Croix Chamber of Commerce, was quoted, "The St. Croix Chamber of Commerce is elated to hear of the creation of 150 construction jobs and 35 permanent jobs on the island of St. Croix at a time when our economy sorely needs jobs. We are also very excited and supportive of anything that can meaningfully and immediately reduce our cost of energy on the island of St. Croix."

Tomyn concluded, "I am proud to be a resident of St. Croix and take part in developing a green energy source that will reduce power costs, create jobs and is independent from fossil fuels.''

Tibbar is also providing 1,000 bales of hay for the Virgin Island Department of Agriculture for small farmer's livestock throughout the territory. In addition to the electricity power production, the power plant design process will produce hundreds of tons of quality organic fertilizer per year. Tibbar has agreed to provide this organic fertilizer to the Department of Agriculture and to local farmers at no cost. Last July 2013, Tibbar executed with WAPA a 25 year Power Purchase Agreement with a 5 year extension option for $0.245/kwh and at the same time executed an interconnection agreement. The entire project is carbon neutral and represents the Caribbean's first continuously renewable, green energy, biomass power plant.

VIASPACE Chairman, Dr. Kevin Schewe, commented, "We have come a long way in a relatively short time frame with Tibbar Energy to use VIASPACE Giant King Grass as a dedicated, renewable, green energy crop for biogas electricity production on St. Croix. We are proud of this partnership and extend our warmest congratulations to Tibbar for achieving the final CMZ approval to start construction of their 7-megawatt biomass power plant. We are excited to show the world how well this renewable green energy power plant works to create base load, 24/7 electricity using Giant King Grass while simultaneously creating local jobs and organic fertilizer. We have the 24/7 alternative energy solution for any tropical island nation desiring carbon neutral freedom from more expensive imported fossil fuels. VIASPACE and Giant King Grass can make a giant difference for a greener world and we intend to accomplish that objective with economic benefits to our partners and shareholders."

About VIASPACE Inc.
VIASPACE grows renewable Giant KingTM 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, Arizona, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar and Pakistan. 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, 2012, and other factors over which VIASPACE has little or no control.

SOURCE VIASPACE Inc.
 



♦  March 24, 2014 Viaspace Signs Giant King Grass Contract for Bio Electricity and Advanced Biofuels in Imperial Valley California
http://viaspace.com/press_article.php?id=1427



March 24, 2014 - Walnut, California - VIASPACE Inc. (OTCQB: VSPC) today announced that the company has signed a contract with Mesquite Lake Water and Power LLC to provide Giant King Grass for a biomass power plant and a companion advanced biofuels facility in Imperial, California.

Mesquite Lake Water and Power, LLC is a participating company in Mesquite Lake  Energy Park, LLC (ML Energy Park).

Mr. Rodney L. Williams, managing member of Mesquite  Lake, stated, "Our company is developing a biomass energy park in the fertile Imperial Valley of California.  We first purchased the closed 18 MW biomass power plant in Imperial, California. We plan to restart the power plant (ML Energy Park Plant #1) and fuel it with a combination of wood waste and Giant King Grass.  The power plant was damaged in the 2010 earthquake, but this damage will be repaired. The power plant is connected to the grid and was fully permitted and operational in 2010."

Williams continued, "Another part of the ML Energy Park will be the Mesquite Lake Cattle Manure Power Plant which is adjacent to Plant #1. This power plant is also closed at this time. It was designed to gasify cattle manure and produce 16 MW of electricity. We plan to convert this facility (Plant #2) to produce advanced biofuels using the dedicated energy crop Giant King Grass as the feedstock. Between the two plants, there is plenty of land for our energy park. We are connected to the grid and there is an adjacent natural gas pipeline. We are experienced in agriculture and have access to land to grow Giant King Grass. The Imperial Valley has ideal weather for Giant King Grass and there is plenty of water for irrigation. I am excited to see the development of this new dedicated energy crop in the Imperial Valley."

VIASPACE CEO, Dr. Carl Kukkonen, reported, "We are happy to be working with Mr. Williams and his team.  This project is basically in our own backyard.  We are already growing Giant King Grass in Southern California and we believe it will grow even better in the Imperial Valley which has more heat and a longer growing season. Giant King Grass is a C4 plant which means that it thrives in hot weather as long as it has water available. We expect to be growing in Imperial Valley very shortly."

VIASPACE Chairman, Dr. Kevin Schewe commented, "This contract represents a significant and timely planned expansion of what we have always envisioned for Giant King Grass to be used as a multipurpose, high-yielding, continuously renewable, biomass platform. In other words, Giant King Grass will be used for direct combustion to generate bio electricity in ML Energy Park Plant #1 and will also be used to create advanced green energy biofuels in ML Energy Park Plant #2. With this contract, VIASPACE has expanded its U.S. domestic business footprint to California and Arizona to use Giant King Grass for bio electricity, biofuels and animal feed. We are also expanding internationally and will soon announce those new projects as well."

Dr. Schewe concluded, "This is great news for VIASPACE and its shareholders and we are truly enthusiastic and excited to be working with Mr. Williams and Mesquite Lake Water and Power. This project is moving forward now and we will have more to announce regarding our progress in Imperial Valley in the coming weeks and months."

Pictures of Dr. Kukkonen and Mr. Williams and the two power plants are available on the VIASPACE Facebook page http://www.facebook.com/viaspaceinc"="" rel="nofollow" target="_blank">http://www.facebook.com/viaspaceinc"; rel="nofollow">www.facebook.com/viaspaceinc.

About VIASPACE Inc.

VIASPACE grows renewable Giant KingTM 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, Arizona, Hawaii, St. Croix Virgin Islands, Nicaragua, South Africa, China, Myanmar and Pakistan.  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, 2012, 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


 


Dr. Carl Kukkonen: CEO, 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 today. 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


 

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.

VIASPACE Board of Directors



Dr. Carl Kukkonen: CEO, Co-Founder



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.


 



 

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/.


 



Khurram Irshad


 

On August 1, 2013, the Board of Directors appointed Khurram Irshad to serve as a director of the Registrant. Since August 2010, Mr. Irshad has headed the consulting firm Amaanco, a company dealing with companies in agribusiness and enabling them to comply with US government regulations on Food safety under FSMA law. His other main emphasis since 2006 has been on developing projects based on renewable energy, primarily biomass. He is also the CEO and founder of Winergy Pakistan (Pvt.) Limited since August 2006. At Winergy, his efforts led to securing the concession to develop the world’s largest biogas plant based on 500,000 dairy animals at Landhi Cattle Colony, Karachi, Pakistan. He is credited for developing a 5 MW power project for Pakistan Navy in 2010-2011 to supply power and water to one of its bases. This was the first project of its kind whereby a private developer was awarded the power purchase agreement by the armed forces of Pakistan.

Mr. Irshad is also the Chairman and founder of Aquatech Infrastructures Limited since January 1996. Founded in 1996, within ten years, Aquatech became the leading water and wastewater treatment company in Pakistan. During this period, he developed the innovative process of recycling and reusing the wastewater of the textile processing industry, and was awarded a patent for his process in 2007. During this time, he was also the advisor on water resource management to Deputy Chairman Planning Commission, Government of Pakistan.

He received his MS in Industrial Management from State University of New York at Stony Brook in 1990. He worked in the banking sector and then headed the chemical and commodities division of the Japanese trading company, Itochu (Pakistan) a Fortune 500 company
.
 







THE ABOVE INFORMATION WAS ADDED BY 4ON4OFF





 


 


 

 


 
 
 

 

 

PostSubject
#22742   an impairment charge is not necessarily due to pickinNclickin 04/23/12 01:21:42 PM
#22741   thanks for the straight forward explanation. Nice justarookie 04/23/12 01:15:39 PM
#22740   The actual fee will be paid via paying pickinNclickin 04/23/12 01:15:37 PM
#22739   no its not what you posted...chang forgiving debt pickinNclickin 04/23/12 01:13:35 PM
#22738   from kevin...."With the exception of the goodwill impairment pickinNclickin 04/23/12 01:04:18 PM
#22737   If the fair value is less than the SmallCapsMarket 04/23/12 01:04:06 PM
#22736   also...impairment charges reflect against your earnings in that pickinNclickin 04/23/12 01:01:03 PM
#22735   the company doesnt actually pay anything in terms pickinNclickin 04/23/12 12:48:21 PM
#22734   Siggy that may be spot on. They would joshgets46 04/23/12 12:43:31 PM
#22733   Waiting for PR on the presentations to Industry Siggy3 04/23/12 12:37:47 PM
#22732   Just read the PR. Siggy3 04/23/12 12:34:39 PM
#22731   Those are from today, not Friday. There was SmallCapsMarket 04/23/12 12:19:19 PM
#22730   Couldn't it lead to another impairment charge depending SmallCapsMarket 04/23/12 12:16:17 PM
#22729   why not...wouldnt it just carry over to next pickinNclickin 04/23/12 11:36:26 AM
#22728   hang on, let me check Google maps for ryjbench 04/23/12 11:36:03 AM
#22727   schedule a conference call with one of them...you pickinNclickin 04/23/12 11:35:16 AM
#22726   they arent in desperate need of anything...thats just pickinNclickin 04/23/12 11:33:42 AM
#22725   Wow a crap load of Form-T this morning... tommy 9 fingers 04/23/12 11:02:02 AM
#22724   Payment? Chang is still going to make VSPC over~pay? SmallCapsMarket 04/23/12 11:00:11 AM
#22723   the river in Eygpt is called what? tommy 9 fingers 04/23/12 10:58:42 AM
#22722   This isn't burger king T9...have it your way. ryjbench 04/23/12 10:41:49 AM
#22721   When do they need to make the payment tommy 9 fingers 04/23/12 10:38:35 AM
#22720   Do it....don't talk about it. VSPC has made SmallCapsMarket 04/23/12 10:20:47 AM
#22719   Are you suggesting this is another Ruba type scenario? tommy 9 fingers 04/23/12 10:20:47 AM
#22718   because it's a lie... They didn't buy a pickinNclickin 04/23/12 10:18:13 AM
#22717   Why would a company desperately needing to prove tommy 9 fingers 04/23/12 09:59:43 AM
#22716   There must have been a reason that they justarookie 04/23/12 09:59:08 AM
#22715   That's the trail I was following and I'm justarookie 04/23/12 09:57:05 AM
#22714   Very strange, first we get this. tommy 9 fingers 04/23/12 09:52:57 AM
#22713   Dr. Schewe may be right.....this company may be stockshark77 04/23/12 09:51:39 AM
#22712   STT Radio just mentioned the NEWS. If there SmallCapsMarket 04/23/12 09:29:08 AM
#22711   So does this mean that the Seema deal, tommy 9 fingers 04/23/12 09:28:13 AM
#22710   How about a trademark app for GKG Pellets? SmallCapsMarket 04/23/12 09:17:01 AM
#22709   I just don't get it, there is always tommy 9 fingers 04/23/12 09:11:25 AM
#22708   VSPC may be on the radio! SmallCapsMarket 04/23/12 09:09:17 AM
#22707   VIASPACE Announces Major Upgrade ~ GKG PELLETS SmallCapsMarket 04/23/12 08:33:16 AM
#22706   You think Karl might try and MILK the SmallCapsMarket 04/23/12 06:59:23 AM
#22705   I agree, but you might think that someone mmech 04/22/12 09:13:05 PM
#22704   Karl didn't sign the sub license. It was SmallCapsMarket 04/22/12 09:06:09 PM
#22703   funny how the for the Nevada business entity mmech 04/22/12 06:59:33 PM
#22701   Pickin and that is why no one pays joshgets46 04/22/12 01:20:14 PM
#22699   I don't think the yield is what you tommy 9 fingers 04/21/12 10:12:54 PM
#22698   I don't think the yield is what you pickinNclickin 04/21/12 04:50:08 PM
#22697   I think RELAX is a great idea. It's SmallCapsMarket 04/21/12 04:07:33 PM
#22696   its considered a "medium to long term debt pickinNclickin 04/21/12 03:32:22 PM
#22695   As for feed , Underestimated the number Siggy3 04/21/12 02:40:57 PM
#22694   But you know it is possible that if tommy 9 fingers 04/21/12 01:31:48 PM
#22693   here is an actual example of one for tommy 9 fingers 04/21/12 01:27:40 PM
#22692   It's not a real investment UNLESS the money SmallCapsMarket 04/21/12 01:24:43 PM
#22691   I see time minimums of only 90 days..thank tommy 9 fingers 04/21/12 01:19:01 PM
PostSubject