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thx.
i see viaspace as something like a storefront for new technologies, developed in the jp lab. their finding platforms like raytheon, L-3, dmt, and many fuel cells companies to integrate this technology into security and energy applications, in some cases already used or being developed by the government, and implementing them into the commercial market. viaspace needs these partners for technical collaboration, product integration and of couse, funding. basically, these teaming agreements are to help bring their products to the market quicker. i consider each agreement an achievement on its own. theyre where the contracts are or will be birthed. imo
Press Release
Raytheon and VIASPACE to Team on Security Applications
12/04/2006
Raytheon Company
Media Relations
2501 W. University McKinney, TX 75071
http://www.raytheon.com
News release
Contact:
Raytheon Company
Ginny McAdams
703.284.4412
VIASPACE Inc.
AJ Abdallat
626.768.3361
Raytheon and VIASPACE to team on security applications
Washington, (Dec. 4th, 2006) – Raytheon Company (NYSE: RTN) Network Centric Systems (NCS) and VIASPACE Inc. (OTCBB: VSPC) recently signed a teaming agreement which will include collaboration on sensor and data fusion, and real-time diagnostic solutions aimed at homeland security and national defense applications.
This teaming agreement will enable both companies to jointly pursue new and emerging security applications built around the real-time analysis of advanced sensor technologies with a specific focus on the security arena.
"Raytheon NCS has a long history of successfully collaborating with small, innovative technology companies,” said Gene Blackwell, vice president of Raytheon’s NCS Rapid Initiatives Group (RIG). “We are pleased to work with VIASPACE to create new and compelling real-time homeland defense solutions and security systems.”
The RIG, a NCS team of engineers, scientists, business development and program management experts, can quickly draw on skills and experience throughout Raytheon in order to provide timely solutions to complex challenges. The RIG’s speed and agility enables Raytheon to streamline development processes, getting critical solutions into the hands of customers faster.
"We look forward to partnering with Raytheon on these applications," said Dr. Carl Kukkonen, CEO of VIASPACE. "We expect our collective experience in developing innovative solutions will bring state-of-the-art products to our customers."
VIASPACE was originally founded in 1998 with the objective of transforming proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions that solve today’s complex security challenges. For additional information, visit www.viaspace.com, or for investor relations contact Dr. Jan Vandersande, at 800.517.8050.
Raytheon Company with 2005 sales of $21.9 billion is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide
GO ECFL!!!
still a little leary but so far this is great. nice job dez.
the teaming agreement is not even a year old yet. this article is dated 12-04-06.
http://investor.raytheon.com/phoenix.zhtml?c=84193&p=irol-newsArticle&ID=938626&highlight
sir: you mite want to try keepin up. in post 1825, which has been erased because of the profanity, mr. lexl said there really was no teaming agreement with raytheon and the link simply says there is. so there.
heres the 8k for those of you who cant seem to find what im reading:
Form 8-K for VIASPACE INC.
--------------------------------------------------------------------------------
23-Oct-2007
Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati
Item 1.01 Entry into a Material Definitive Agreement.
On October 18, 2007, VIASPACE Inc. (the "Company") issued a Promissory Note (the "Note") to La Jolla Cove Investors, Inc. (the "Lender"), a California company, in the aggregate principal amount of $300,000. The Note is due and payable on the earlier of (a) 60 days following the date of the issuance of the Note, or
(b) the occurence of an Event of Default as defined in the Note. Interest shall accrue at a rate of four and three-quarters percent (4.75%) per annum and shall be due and payable on the 15th day of each month following the month of issuance. The Company may voluntarily prepay the Note in whole or in part at any time and from time to time without penalty, together with interest accrued on the amount prepaid through the date of the prepayment. The Note is unsecured and does not encumber any assets of the Company.
Pursuant to the terms of the Note, the Lender will also fund, in exchange for the simultaneous issuance by the Company of promissory notes in the same form as this Note, $300,000 upon each date that is 30, 60, 90, 120 and 150 days after the date of issuance of this Note (the "Additional Fundings"); provided however, that in the event that Lender does not fund the amounts associated with any or all of the Additional Fundings within 10 business days of the date such amounts would otherwise be due, Lender shall pay an amount equal to $50,000 (the "Non-Funding Penalty") to the Company. Upon the payment of the Non-Funding Penalty to the Company, the Lender shall have no further obligations or duties under this Note or any promissory note associated with Additional Fundings, if any, provided however, that the Company shall remain obligated and bound by the terms and conditions of this Note and the promissory notes issued in connection with any Additional Funding, if any, including without limitation any obligation to repay any sums delivered in connection with such promissory notes. The Company's sole and exclusive remedy in the event that Lender fails to fund any or all of the Additional Fundings shall be the right of the Company to receive the Non-Funding Penalty from the Lender. Each promissory note delivered in connection with an Additional Funding will have a maturity date that is 60 days from the date of issuance and will bear interest at a rate of four and three-quarters percent (4.75%) per annum.
The preceding description of the Note does not purport to be complete and is qualified entirely by reference to the Note, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The disclosure provided above under Item 1.01 is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description
10.1 Promissory Note dated October 18, 2007.
thats alot of speculation with no proof and more than likely not so.
or that, take youre pick, if thats what you think will happen. nothing wrong with watching.
this is the best time to either average down or jump in while pps is so low. viaspace is a great investment with risk/reward considered. (imo) gl
viaspace would have to default first. i havent seen where viaspace has ever been sued. thanks for the info though.
breathe girl.
if youre not a female, sorry.. from your post id guess youre a bitchy woman.
and dont get me wrong, bitchy women are ok i guess.
thats what i read as well.
this deal doesnt affect assets of the company either.
dont know for sure but there has been large trades at the end of every day lately so i think someones loading up and taking a good position, considering all the great things viaspace has goin on.
i agree. probly wont see a rise until revenues. IR also tells me that the reason they pr alot is to make people aware of the company. makes sense. these guys keep moving forward. when they reach revenues its gonna be good (imo). keep in mind its new technology theyre selling and probly wont be long before it hits the market.
unsecured financing and no convertible debentures... sounds like a good move.
maybe trading isnt for you or anyone who doesnt do their own d&d and invests more than they can lose. you probly blame me for addl too huh? cry somewhere else.
INSIGHT: US rule to open new path for methanol
21 August 2007 16:36 [Source: ICIS news]
By Joe Kamalick
WASHINGTON (ICIS news)--Within weeks US officials will rule that laptop computers powered by fuel cells may be carried on board airliners, marking the first step toward a major new methanol market that ultimately could include transportation fuels.
The US Department of Transportation (DoT) said it will issue a proposed rule by the end of September allowing airline passengers to carry fuel cell cartridges on board. The rule will likely be finalised before the end of this year and take effect early in 2008.
That regulatory move will bring the US in step with most other industrialised countries that have already authorised the use of methanol-powered fuel cells in consumer electronics in airliner passenger compartments.
The US action is important because until the government approves methanol-powered fuel cell electronics for airline passenger cabins, major manufacturers are reluctant to ramp up full production of laptops, cellphones and personal digital assistants (PDAs) that run on methanol.
For the fuel cell industry and methanol producers, this will be a big deal.
“Being able to carry these devices on board airliners is critical,” said Greg Dolan, vice-president for communications and policy at the Methanol Institute.
Dolan and others expect methanol-powered fuel cells will quickly gain wide consumer acceptance because the technology will allow laptops and other portable consumer electronic devices to operate for weeks, even months, on a single methanol fuel cartridge.
Although prototype designs vary, each methanol fuel cartridge will likely be about the diameter of a pencil and perhaps two inches long. Once a cartridge is emptied, the user need only pop in another one.
Methanol fuel cell-powered laptops will initially be more expensive than their battery-powered counterparts, but Dolan says the long-life appeal of the fuel cell device will accelerate consumer acceptance and bring costs down as production increases to meet demand.
With US regulatory approval for on-board fuel cell use, Dolan anticipates a rapid deployment of the technology. “You could see methanol fuel cell cartridges next to double-A batteries in stores within a few years,” he said.
Jack Brouwer, associate director at the National Fuel Cell Research Center at the University of California, said the anticipated regulatory approval from the DoT is a major development.
“For a federal agency to accept this technology is really quite significant,” Brouwer said. “In addition, as a matter of consumer perception, I think this will be huge,” he said.
For the methanol industry, the spread of methanol-powered portable electronics is significant not so much for the additional demand but for its psychological impact on consumers and the huge follow-up potential for methanol as the power source for automotive fuel cells.
Each fuel cell-powered laptop or cellphone will consume tiny amounts of methanol. A laptop fuel cartridge containing a few ounces of methanol might last a month or two.
Even so, the additional methanol consumption could add up to some significant numbers in the long term, according to fuel cell manufacturer Johnson Matthey. The company estimated that within half-a-dozen years there might be well over 1bn cellphones and 500m notebook computers running on methanol fuel cells, consuming about 730,000 tonnes/year.
Current North American methanol consumption is around 8m tonnes/year. Worldwide consumption is about 40m tonnes/year.
The real payoff for methanol fuel cell consumption could come, however, in transportation uses.
US and other automobile manufacturers are focused now on using gaseous hydrogen as the principal power source for automobile fuel cells, but the Methanol Institute’s Dolan and others believe that methanol ultimately will replace pure hydrogen as the preferred juice for fuel cell-powered automobiles.
Dolan argues that gaseous hydrogen poses major problems in handling and weight. For efficient, long-range auto use, hydrogen will have to be stored in cars in high-pressure tanks.
Those tanks will add a lot of weight to cars, Dolan notes, and the technical process of adding hydrogen to a high-pressure tank may prove daunting compared with the simplicity of methanol fuelling, which would be just like familiar gasoline pumping.
That is why the imminent roll-out of methanol-powered consumer electronics is seen as so significant.
“By the time fuel-cell automobiles are ready for market, say by 2015 or 2018, consumers will already be well familiar with methanol-powered fuel cells in laptops, cellphones and portable generators,” Dolan said.
“They will have first-hand, daily experience with methanol fuel cells and a certain level of comfort with that technology,” Dolan said. As a consequence, “we think there will be a good deal of consumer pull in the market for methanol fuel cells as an automotive power system”, he said.
The US Fuel Cell Council expects wide availability of methanol-fuelled consumer electronics by the end of next year.
By: Joe Kamalick
+1 713 525 2653
http://www.livescience.com/technology/071022-fuel-cells.html
http://www.freep.com/apps/pbcs.dll/article?AID=/20071023/BUSINESS01/710230338
http://www.cnbc.com/id/21417339/for/cnbc
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=MW&date=20071023&id=7676...
http://www.mobilemag.com/content/100/354/C13646/
one good thing is...pps is at the bottom. (i hope) so only way is up.
ecflinvestor.com about us tab:
Market 99, Ltd. is a Nevada-based company with one fully-operational store and several locations throughout Oklahoma, under negotiation. Market 99 opened it's first store in July of 2007 and quickly began negotiating a dozen leases in order to meet the company quota of having five fully operational stores by Dec. 31, 2007 and 13 fully operational stores by Feb. 28 2008. Market 99 is a discount retailer which is positioning itself to compete with .99 Cent Only Stores, Inc. (NYSE: NDN).
Market 99 also is in the process of opening a chain of fashion jewelry stores throughout malls in the U.S. which will emulate Claires boutiques. Details on this subsidiary cannot yet be released as it is still in the development stages. Once all details have been solidified, the company will inform all shareholders as well as the public
we wont see a good rise until theres news of a contract, imo. hang in there though, it'll be worth it.
vandersande says its from hedge fund manipulation.
i 2nd that. :)
i disagree... see this:
http://www.fuelcelltoday.com/online/news/articles/2007-08/-30-day--fuel-cell-battery-for-l
http://www.fuelcelltoday.com/
http://biz.yahoo.com/bw/071016/20071016005516.html?.v=1
just a couple of examples.
fuel cell products will be along soon and viaspace has placed themselves in a killer position, globally to have great impact on the market.
also listen to lastest smallcap voice with the ceo. interest from large auto makers. that alone is big.
hard would be the only way, if i were pumpin. but viaspace is a great choice compared to most other otc or startups. viaspace has brilliant people bustin ass to sell their products and maintain relationships with top defense and energy companies, as well as the government. its just takin a little time. VSPC ROCKS DUDE!! bash elswhere.
this is from vandersande also. it makes good sense:
"The Cohen report is very recent and so are his targets. The company is a developmental stage company so things take time. Read the Cohen report."
august1991: since your new to this: call dr. jan vandersande, director of communications at (800) 517-8050
IR@VIASPACE.com and ask him your concerns and ask him whose funding viaspace. and he will tell what you need to know. you mite not want to buy or sell based on some of the posts you read here as theyre tainted and from bitter investors. do your own dd and dont spend more than you can lose. good luck bro.
this was posted on raging bull:
by bland: From the news release, Dr. Carl Kukkonen, CEO of both VIASPACE and DMFCC, said, "We are demonstrating our new VIASENSOR HS-1000 Relative Humidity sensor, as well as one of our fuel cartridges working with a direct methanol fuel cell made by Parker Hannifin."
Hey,Parker Hannifin(PH)is a huge company,with a market cap of over 10B,they are the global leader in motion and control technologies. Seems they are an excellent fit for Viaspace to be working with. Hope there is something in the works for a partnering of the two for future products.
Also from the news release,"We have also set up private meetings with potential customers and partners on new development efforts, including Tyco Electronics." May be we will soon be seeing some results from that
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