Monday, October 27, 2014 8:09:05 AM
"Two years ago, VIASPACE entered into a Giant King Grass license agreement with its sister company, VIASPACE Green Energy (VGE). VIASPACE was required to meet the following conditions in the first 24 months after the license agreement was entered into: Condition 1 required at least $200,000 in revenues during the first 24 months and Condition 2 required two or more third-party locations growing at least 10 hectares of Giant King Grass in the first 24 months. In addition, we had a contractual fulfillment to pay legal fees to VGE related to separating the two companies and establishing the license agreement. I am happy to report that VIASPACE has achieved all of these license milestones.
The demand for the commercialization of Giant King Grass is accelerating and is now very active and significant in Asia. We are working hard to build the brand name of Giant King Grass in Asia and elsewhere globally as well. VIASPACE has requested that its sister company, VIASPACE Green Energy, assist in the commercialization of Giant King Grass in Asia."
Viaspace will hit .15 and higher, give it time and who knows? $1+
Watch it grow!
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