Viaspace, Inc. (VSPC)

[Big Casino 1518]

HA! This "company" gets more and more pathetic.

Today's PR:

Schewe money for shares. Carl money for shares.

Then one gets to Almaden Energy Group.

Almaden Energy Group, LLC., which is the shell created by Khurram Irshad, the "Board of Directors" consists of Haris Basit, Carl Kukkonen and a couple other no-namers.

Almaden Energy Group, LLC., "owed" Viaspace $30,000. Apparently they would pay $20,000 of it to Viaspace only if VSPC issued $40,000 worth of stock to Almaden.

"I'll pay you $20,000 I owe you, only if you give me $40,000 of stock, at a 50% discount to the stock price when I pay back $20,000."

The shares, based on today's stock price, equal $36,250.

Since Almaden Energy Group is a private company, they don't have to report what they do with the stock. In a years time, they can sell it for huge profits, split it up between the "Board of Directors" and no one is the wiser.

Just another way for Carl to raid the company of cash, leaving you, the common shareholder with even further diluted shares & losses.