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So this is it, eh? Very nice! Thanks Mama!
Every time a view this board there are more people posting!
That is always a good sign!!!
GLTA
As I have pointed out in a previous post, when there is a sell, there is an investor happy with his or her entry point. Or they wouldn't have placed the buy order.
Man you guys are really optimistic.
Just got an e-mail saying:
"Hurry and add FRCN to your watch list. FRCN announced a few minutes ago that they plan to expand by launching an aggressive Franchise Development Program. Most people may have not seen the news yet!!
FRCN also announced yesterday they are going to showcase their services at the Apartment Association of Tarrant County show TODAY which is the nation's 5th largest industry-related trade show. Attendees from the show may be rushing home to research the company but you heard it here first! Watch for a possible breakout!"
Anyone else get this?
Lets hope so... I have faith!
GLTA
Third-Quarter Revenues Increase 138% From Prior Year, Gross Profit Increases 199% From Prior Year!
IRVINE, Calif., Nov. 15, 2011 /PRNewswire via COMTEX/ -- VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King(TM) Grass as a low-carbon, renewable biomass crop, today reported financial results for the third-quarter ended September 30, 2011.
Total revenue for third-quarter 2011 was $2,170,000, compared with total revenue for third-quarter 2010 of $912,000, an increase of $1,258,000 or 138%.
For the quarter, cost of revenues was $1,482,000, compared to $682,000 in third-quarter 2010. Gross profit for the quarter was $688,000, compared to gross profit of $230,000 for third-quarter 2010, an increase of $458,000 or 199%.
Total operating expenses for third-quarter 2011 were $857,000, including $814,000 of selling, general and administrative (SG&A) expense and $43,000 for operations. Total operating expenses for third-quarter 2010 were $982,000 and included $928,000 in SG&A and $54,000 for operations.
Operating loss for third-quarter 2011 was $169,000, compared to an operating loss of $752,000 in third-quarter 2010, an improvement of $583,000.
Third-quarter 2011 income taxes and other expense, net, was $38,000, compared to income taxes and other expense, net, of $70,000 for third-quarter 2010.
Net loss for the third-quarter 2011 was $207,000 compared to a net loss in third-quarter 2010 of $822,000, a decrease in net loss of $615,000. After effect of loss (income) attributed to noncontrolling interests, net loss attributed to the Company was $271,000 in third-quarter 2011 compared to net loss attributed to the Company of $770,000 in third-quarter 2010, an improvement of $499,000.
Net loss per share for third-quarter 2011 and third-quarter 2010 was less than $0.01 per share in each quarter.
VIASPACE Chief Executive Dr. Carl Kukkonen commented: "Reported revenues continue to be strong in the third quarter at $2.17 million and exceed prior year by 138%. Year to date revenues of $5.575 million exceed prior year by 114%. Our third-quarter financial performance allowed us to continue to expand and develop our Giant King(TM) Grass bioenergy activities. We are making progress in our grass business which we believe will play an important role in the future of global biomass electricity and biofuels."
As was previously announced on November 7, 2011, the Company has signed a Memorandum of Understanding (MOU) with Seema Energy Co., Ltd, a renewable energy development company based in Thailand to jointly develop the detailed plan for a Giant King Grass plantation to fuel Seema's proposed 90 MW biomass power plant in Thailand. VIASPACE and Seema will initially jointly develop a test plot to optimize cultivation of VIASPACE's proprietary Giant King(TM) Grass in Thailand. The MOU provides for the supply of seedlings and development of a testing facility to assess and optimize Giant King Grass cultivation under Thai climate conditions. Giant King Grass has already been successfully grown in China.
Giant King Grass has similar characteristics to sugar cane but is not a food crop as it develops cellulosic material rather than sugar. It has been demonstrated to have the highest energy yield per hectare of potential energy crops.
About VIASPACE Inc.
VIASPACE is a clean energy company providing products and technology for renewable and alternative energy that reduce or eliminate dependence on fossil and high-pollutant energy sources. Through its majority-owned subsidiary VIASPACE Green Energy Inc., the Company grows Giant King Grass as a low-carbon fuel for electricity generating power plants, as a feedstock for bio methane production and cellulosic biofuels, and for other low-carbon, renewable energy products. For more information, please go to www.viaspace.com.
Amen to that!
GLTA
Looking gooooood! Only slightly worried about the dual listing though. I mean given the current conditions over there...
DOH!!!
I'm talking about April 2012
I think VSPC had and still has a ton of potential and others feel the same.
I found this while doing a search after I read the top of this boards page titled " 61M shares owned by institutions own by SNK, locked until April 9th 2011"
"VIASPACE announced last week that SNK voluntarily agreed to extend the lock-up of its 61,204,286 shares for five years until April 9, 2011. This represents 21% of the outstanding shares in the company. These shares previously were restricted until June 22, 2006 under SEC rule 144. VIASPACE founders, executive officers and others own 176,445,000 shares (60.5%) which are restricted under SEC rule 144. In addition, 27 million shares held by four shareholders have also voluntarily agreed to lock-up their shares for five years until April 9, 2011. Of the 291,649,286 shares which are outstanding, only 27 million (9.3%) are free trading." - Taken from a 2006 PR that is no longer available on the companies website... But if you do a little digging...
SO it looks like traders had 5 years to buy up as many shares as possible and instead, people decided to sling mud and bash the company. Now come April this stock could tank heavily. I'm hoping it does not.
I know of another company that locked up shares and I'm jumping in.
GLTA
You got a better idea? LMAO. :)
This is sad to watch all this potential do nothing...
Someone call NITE and politely ask hiim to stop holding this at .09 and below. If NITE moves the flood gates open.
Looks like all we saw was bid selling. No promo.
If we see a R/S and smaller shareholders get reversed out... Big deal. If they want to remain a shareholder, buy it back with the check they get. Pretty simple. The value of their position won't change.
I'm ok with it happening. Lowering the float can't be THAT bad, can it?
Just a thought...
Thanks Tommy. I'm glad you understand my points and choose to talk to me instead of blasting me or calling me a pumper, etc...
Hopefully one day VSPC will do something great. Hopefully...
GLTA
You say artificial pumping... Hmmm. lets look into that for a second:
Telling a lot of traders to buy is artificial pumping
Telling a lot of traders to short is artificial dumping
You play both sides.
It's official, the lunitics have taken over the Titantic.
Aren't you contributing to mess people up so bad by shorting a stock that they paid so much for? And then telling all of your subscribers to do it too? Hitting them twice?
I mean, you're the one really sticking it to 'em.
sykes111 claims he hates promoters but isn't telling your entire subscriber list to short a stock just like a promotion? Whereas you're earning more based on how many followers you can get to short? Is this the pot calling the kettle black?
Not so funny meow, is it?
I'm just saying...
Is this the "Shake Down" I was warned of?
Touchy subject Tommy? I'm guessiung you've heard it before.
Anyway, I would put 99.9% ( I like risks but not enough to put 100%. LOL) of all of my money on the fact that people who trade microcap stocks are aware that selling is always going to happen. From traders, to insiders, to 3rd parties, to people on the moon for that matter. Everytime there is a "Buy" it's also a sell order. I mean come on... People enter stocks because they see value in doing so. Maybe it's the love of the company or maybe its because they are trying to ride the wave of a promotion. But who are we to tell people that the company is crap because shares get sold?
Question for you: How is it practical for an emerging company to not sell shares? If it were so bad, don't you think that wouldn't be an option for insiders?
I'm pro VSCP. If I lose my money I will lick my wounds and figure out what I did wrong so not to make the same mistake in the future. I WILL NOT blame it on the company. If I wanted a safe bet I'd buy AAPL.
GLTA
Yes, very nice. Would like to see more movement. It just sucks that the Mod here doesn't even like the company. LMAO.
GLTA
I wasn't expecting a pullback so early in the trading but it is what it is... Now, where do we go from here? The trading day is only 25 mins old. Still up 21%!
GLTA
Pennyland today??? I'm ready for this!!!!!
GLTA!
Giant King Grass Targeted as Fuel for Planned 90 MW Biomass Power Plant in Thailand
VIASPACE and Seema Energy Sign MOU and Test Plot Agreement
IRVINE, Calif. and BANGKOK, Nov. 7, 2011 /PRNewswire via COMTEX/ -- VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King(TM) Grass as a dedicated energy crop, and its subsidiary VIASPACE Green Energy Inc. (OTC Bulletin Board: VGREF), today announced that the Company has signed a Memorandum of Understanding (MOU) with Seema Energy Co., Ltd, a renewable energy development company based in Thailand to jointly develop the detailed plan for a Giant King Grass plantation to fuel Seema's proposed 90 MW biomass power plant.
Source - http://www.otcmarkets.com/stock/VSPC/news
Let's see what it does today.
GLTA
Sheesh! There are some REAL crazies on this board. All I want to do is make a few bucks. If VSPC is real, and man oh man I hope so, I think we can all make a few coins if we play our cards right.
After all, when life gives you aids make lemonaids, right?
More buys coming! Go RAYS GO!
Amazing! I hope you're in Fla and not Alaska.
For the record, I'm a huge fan of RAYS. Raystream has all the earmarks of becoming the online video status quo. But it's also possible that, based on the competitive advantage this technology provides, two or more companies could start a bidding war for exclusivity.
Netflix? Google? Microsoft? Yahoo? AOL? Hulu? Viacom? The list goes on and on and on...
Ya ya ya... I'm just sayin. Keep your pants on....
We all compare RAYS to LEXG but I think we're forgetting the LEXG is still in play. Hits low of .45 and rebounds to .90 in 6 days?!?!? HELLOOOOOOOOOOOOOOOOOOOO!?!?!?
Thats very good to know. I'm excited and impatient.
Lmao. Careful, you're likely to get flames from other Ihubers if you talk too good about a stock. Haha.
My buddy who owns a small car lot showed me this company and now I'm hooked. I'm not sure if it's because the company has potential or if it's because I feel like I'm in early. Who knows.
Tick Tock... Tick Tock... Come on SMAA do it!
VSPC has been too quiet for too long... I think something is about to happen.
Call me crazy...
Hi Clearly, my name is Mic_check. Nice to meet you.
A gentleman never asks... Come on ClearlyStocks, you have to get to know me before you ask my bra size. Hahahaha.
Ya, too bad for them though, I don't buy from emails. Only if I can talk to the CEO. I figure if I'm going to be lied to I'd rather it be the head honcho rather a paid promoter.
:)