Viaspace, Inc. (VSPC)

[rodman]

We expect that we will be doing probably three or four projects per year. At this stage, the environment is pretty good and probably the equity financing is the most challenging part of it, but the countries are very excited about biomass energy that they can grow themselves. The international development banks find this a very attractive opportunity for development in these countries and are willing to do the debt financing and just finding the equity financiers that are willing to do countries like Guyana and Nicaragua is probably the challenge at the moment.
Our 70%debt 30%equity business model is standard. Believe me this doesn't include venture capital that will be announced.