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Question for Josh.....this is what you posted after talking with bugle boy......it looks like he screwed up....unless I'm missing something......since you speak with him regularly.....and you made this post based on info obtained by him.....why don't you and he have a serious chit chat?......
Posted by: joshgets46 Date: Sunday, January 03, 2010 10:41:03 PM
In reply to: None Post # of 7787
When spoke to Jan last Tuesday he said that we would be cashflow positive in the last quarter of 2009. He said that Dr K had not said that had changed. I guess we now know where the money is coming from and it is not just art.
Remember.....he has a conflict of interest.....he gets paid in shares......or he has been for the last few months.....yet he tells you that VSPC......according to Carl.....will be cashflow positive in the last quarter of 2009.....while he cashes shares for food.....
12/16/09 VANDERSANDE JAN W, Divisional Officer Planned Sale — $2,152.09 95,238 $— - $— —
01/14/10 VANDERSANDE JAN W, Divisional Officer Planned Sale — $2,626.90 119,403 $— - $— —
02/10/10 VANDERSANDE JAN W, Divisional Officer Planned Sale — $2,720.00 160,000 $— - $— —
My other question would be.....did you get it in writing?.....it could be material.....
Look foward to your clearing up the matter.....thx
GLTA
What do you consider......serious money?
If I put serious money in......then you take my advice?......
Do the guys that said DP deals were coming.....have serious money in the game?.......what was their advice worth?
The guys that said bugle boy said Carl hadn't back down from the statement......VSPC would be cash flow positive by the end of 2009.....what was their advice worth?
The guys that said.....you can trust these guys....they are Doctors....with Cal Tech connections......what was their advice worth?.......
The guys that want to trash folks.....who ask serious questions.....and even ask the mods to ban them......what was their advice worth?.....
Folks that have serious money in a stock......have a bias.....it's human nature......they are going to lean toward pumping......nothing wrong with that.....what was their advice worth?
T9F was dead on......btw.....like he said.....who could blame me?......
Nice pr Carl....thx for keep SH's in the dark on the second closing.......will you do a re-write of the 10K....IF the second closing doesn't occur?.....
GLTA
VGE 10k....revs decrease 45%.......
Results of Operations
Year Ended December 31, 2009 versus Year Ended December 31, 2008
Note: The acquisition of IPA BVI and IPA China by VIASPACE and VGE occurred on October 21, 2008. The following discussion reflects a comparison of actual financial results for the year ended December 31, 2009 versus actual results incurred by VGE, IPA BVI and IPA China for the year ended December 31, 2008.
Revenues
Revenues were $3,618,000 and $6,624,000 for 2009 and 2008, respectively, a decrease of $3,006,000 or 45%. Sales of framed artwork were down by 45% during 2009 compared with 2008 as customer filled orders were lower. All revenues recorded during 2009 and 2008 are from the Company’s framed artwork segment.
Cost of Revenues
Costs of revenues were $2,020,000 and $3,998,000 for 2009 and 2008, respectively, a decrease of $1,978,000 or 49%. Framed artwork costs of revenues were lower as expected due to a decrease in revenues. All of the cost of revenues recorded during 2009 and 2008 are from the Company’s framed artwork segment.
Gross Profit
The resulting effect on these changes in revenues and cost of revenues from 2008 to 2009 was a decrease in gross profits from $2,626,000 in 2008 to $1,598,000 in 2009, a decrease of $1,028,000 or 39%.
Selling, General and Administrative Expenses
Selling, general and administrative expenses were $1,718,000 and $1,417,000 for 2009 and 2008, respectively, an increase of $301,000 or 21%.
Framed Artwork Segment
Of the total amounts, the framed artwork segment had selling, general and administrative expenses of $839,000 and $1,235,000 for 2009 and 2008, respectively, a decrease of $396,000 primarily due to lower commissions on framed artwork sales.
Grass Segment
Of the total amounts, the grass segment related to growing GKG in the PRC had selling, general and administrative expenses of $879,000 and $182,000 for 2009 and 2008, respectively, an increase of $697,000. This segment did not have any corresponding costs incurred in the first nine months of 2008, as it commenced operations in the fourth quarter of 2008. Included in the costs of $879,000 were professional accounting fees of $166,000, payroll and benefits of $452,000, legal expenses of $89,000, travel expenses of $72,000 and other expenses of $100,000.
Income (Loss) from Operations
The resulting effect on these changes in gross profits, selling, general and administrative expense was a decrease in income from operations of $1,330,000 from 2008 to 2009.
Framed Artwork Segment
Of the total amounts, the framed artwork segment had decreased income from operations of $633,000 from 2008 to 2009.
Grass Segment
Of the total amounts, the grass segment had an increased loss from operations of $697,000 in 2009 as compared with 2008.
GLTA......
T9....as far as the demand.....ask Josh and Rod.....they started that......real hush hush crap....
I was just asking about the live trial...... VSPC said was the NEXT step.......I think I was referred to as a DISTRACTION....here's one post....it refers to earnings.....
Posted by: joshgets46 Date: Sunday, January 03, 2010 10:41:03 PM
In reply to: None Post # of 7787
When spoke to Jan last Tuesday he said that we would be cashflow positive in the last quarter of 2009. He said that Dr K had not said that had changed. I guess we now know where the money is coming from and it is not just art.
and this.......
Posted by: joshgets46 Date: Monday, December 28, 2009 11:55:31 AM
In reply to: horse_shoe who wrote msg# 4905 Post # of 7787
It was tested in two independent labs monthes ago and a Press Release was issued. The current test is in a DP cofired plant and it also had a news release. The results of he current test have not been announced and as YOU KNOW THEY NEVER SAID WHEN THE RESULTS WOULD BE ANNOUNCED. So why are you getting people all riled up?
more.....
Posted by: joshgets46 Date: Thursday, December 24, 2009 10:43:45 AM
In reply to: horse_shoe who wrote msg# 4852 Post # of 7787
You know and I now the test is done. A PR Xmas week is a waste and actually next week also. What I am waiting for is the results of the test and then shortly there after a contract. I expect nothing from Ionfinity or DMFCC. Thank God for VGE.
Posted by: joshgets46 Date: Monday, December 28, 2009 1:31:15 PM
In reply to: rodman who wrote msg# 4915 Post # of 7788
Thanks. I just spoke to Dr J. There may not be a PR regarding the test as there may not be a test. DP accepted the results from the laboratory.
and the kicker....
Posted by: joshgets46 Date: Thursday, January 07, 2010 11:52:32 AM
In reply to: bigdaddyc25 who wrote msg# 5210 Post # of 7788
BigD-I personally spoke to, and so did Rod, Dr Jan on this matter. He said DP accepted the lab tests so there most likely will not be a PR. He said they did not want to make a big deal about it as GKG is gettng so much attention and there is only so much to go around. Please feel free to call Jan to confirm this for yourself so we can put another distraction to rest.
let's don't leave Rod out.....
Posted by: rodman Date: Thursday, January 07, 2010 11:56:08 AM
In reply to: joshgets46 who wrote msg# 5213 Post # of 7788
Exactly correct Josh! DP does not want the competition FOR GKG to incease more than there already is "Think about it" Dr V's own words. So I read DP wants an exclusive deal in China and N. America may be next? Regardless heard from I/R as well.
My question is.....when is BIG d going to take down the BS DP Sticky.....it was a sham from the beginning....yet he leaves it up......why???????
but Rod and Josh got the whole DP BS going.......the HUGE demand.....like you say.....what demand?....
Later
Our company is looking to hire Carl.....11 cents a sq foot....or better......
Great job Carl.....
Net cash used in investing activities was $178,000 for 2009, related primarily to capital expenditures incurred by VGE in building a new storage facility and purchasing equipment for its GKG business.
A NEW COMPLTETED 20,000 sq ft PROCESSING PLANT.......for $178k.....Carl....you're hired.....lol
No wonder we didn't see any pix......and y'all thought Chang paid for it.....
I hope they don't start looking at VSPC for slave labor violations......probably written that way in the S-1.....but VGREF is exempt......what cha bet?.....
IPA was 82% of revs......the PR tomorrow should be a HOOT.....
At December 31, 2009, the Company has a negative working capital of $2,280,000 and an accumulated deficit of $32,730,000. Our financial statements were prepared on the basis of a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. We have not made any adjustments to the financial statements as a result of the outcome of the uncertainty described above. Accordingly, the value of the Company in liquidation may be different from the amounts set forth in our financial statements. The Company has addressed this concern by laying off certain of its staff and reducing operating expenses. In addition, the Company has sold non-core and as yet non-profitable business units. The Company is now focused primarily on three main business units including the GKG business, framed artwork business and the fuel cell business.
So if you adjust for NO 2nd closing.....the so-called profits are.....around $300k....more than a 50% drop year over year.....and that's counting the IPA numbers for 2008......pretty simple, huh?......
Is there a lawyer in the HOUSE?......
What false or misleading statement?.....it's just like the S-1....anyone can read it....
However, we cannot assure you that we will enter into any such arrangement successfully. In the event that we ultimately are unable to agree upon an alternate arrangement with Chang, then we will lose all of our equity interests in VGE.
there is nothing misleading about that....nor this.....
At December 31, 2009, the Company has a negative working capital of $2,280,000 and an accumulated deficit of $32,730,000.
or this......
Loss from Operations
The resulting effect on these changes in gross profits, research and development expenses and selling, general and administrative expenses from 2008 to 2009 was a decrease in the loss from operations from $8,587,000 in 2008 to $2,727,000 in 2009, a decrease of $5,860,000.
you want to read through rose colored glasses......you can read profit increased....if you count IPA......but they also disclose that they may not close on IPA.....what's misleading about that?....but the Loss from Operations is the bottom line.....
I have said it before.....they can say the are selling bottled air.....and that they have studies showing it to be a multi-billion dollar biz........but if they also say something like.....as of yet....we have NO contracts for bottled air....they are covered.....nothing misleading.....it just depends on......WHAT YOU WANT TO READ.....it's in there
NO WORRIES PICKIN.......
the guys on yahoo actually think VSPC made a profit.....lol
GRAPE OR RED?......only you pickin....only you
and this guy from yahoo.....
VSPC profit more then doubles 7 minutes ago thats the PR headline tomorrow. Rating :
(No ratings)Rate it: chatham914
I told you yesterday I would explain this to you......it's more Kool-aid.......quick "pickin" out what they want you to read.....and explain how you terminate an employment agreement....because you failed to close......and yet claim the revs from IPA......
again....grape or red?
How does the employment agreement terminate?......
These employment agreements terminated on February 15, 2010 as the Company failed to achieve the Second Closing of IPA BVI and IPA China as discussed in Note 9. The Company expects to negotiate and enter into new employments with Dr. Carl Kukkonen, Mr. Sung Hsien Chang, and Mr. Stephen Muzi during the second quarter of 2010.
Talk about.....DOULBLETALK....
Under the current Securities Purchase Agreement dated October 21, 2008 by and among us, Chang, VGE and other parties, as amended, if the Second Closing did not occur by February 15, 2010, then we are contractually obligated to return all equity interests of VGE we hold to Chang. However, we are negotiating with Chang in good faith to agree upon an alternate arrangement under which we would own a substantial interest in VGE and in turn, we would provide Chang debt and equity consideration. Management is confident such an arrangement can be finalized. To date, Chang has not demanded delivery of the VGE stock certificates from us. However, we cannot assure you that we will enter into any such arrangement successfully. In the event that we ultimately are unable to agree upon an alternate arrangement with Chang, then we will lose all of our equity interests in VGE.
It's like when bugle boy sent me an email......we own 59% of VGE....but if the second closing doesn't occur.....we obviously won't own 59% of VGE.....
One more question......grape or red?
T9....not sure of the agreements they have with lendors...
I think you were dead on with you take about who Carl was worried about.....he took care of SH's with the A's of M.......suprised it got by me.....
I think things are about to get ugly for SH's.....not bashing....just my take....
Carl went to extraordinary lengths to get all this in place.....
Chang has his IPO....
OFFSHORE....
He has the majority of shares.....around 92%....
It was all spelled out in the S-1.....
The SEC declared it effective.....
I think according to rule 144?(I can't remember which)....he has about 6 months to begin trading....
And with all these delays.....Carl has cover.....we really tried your honor....we negotiaited for weeks......
My guess is.....VGREF swallows up VSPC......somehow?......and that gives more cover in a lawsuit.....
But what do I know?.....
GL T9
T9.....Carl left no stone....unturned....from the S-1......
Shareholder rights under British Virgin Islands law may differ materially from shareholder rights in the United States, which could adversely affect the ability of us and our shareholders to protect our and their interests.
Our corporate affairs are governed by our amended and restated memorandum and articles of association, by the Business Companies Act (No 16 of 2004) and the common law of the British Virgin Islands. The rights of shareholders to take action against the directors, actions by minority shareholders, and the fiduciary responsibilities of our directors to us under British Virgin Islands law are to a large extent governed by the common law of the British Virgin Islands. The common law in the British Virgin Islands is derived in part from comparatively limited judicial precedent in the British Virgin Islands as well as from English common law, the decisions of whose courts are of persuasive authority but are not binding on a court in the British Virgin Islands. The rights of our shareholders and the fiduciary responsibilities of our directors under British Virgin Islands law in this area may not be as clearly established as they would be under statutes or judicial precedent in existence in some jurisdictions in the United States. In particular, the British Virgin Islands has a less developed body of securities laws as compared to the United States, and some states, such as Delaware, have more fully developed and judicially interpreted bodies of corporate laws. Moreover, our company could be involved in a corporate combination in which dissenting shareholders would have no rights comparable to appraisal rights which would otherwise ordinarily be available to dissenting shareholders of United States corporations. Also, we are not aware of a significant number of reported class actions or derivative actions having been brought in British Virgin Islands courts. Such actions are ordinarily available in respect of United States corporations in U.S. courts. Finally, British Virgin Islands companies may not have standing to initiate shareholder derivative action before the federal courts of the United States. As a result, our public shareholders may face different considerations in protecting their interests in actions against the management, directors or our controlling shareholders than would shareholders of a corporation incorporated in a jurisdiction in the United States, and our ability to protect our interests may be limited if we are harmed in a manner that would otherwise enable us to sue in a United States federal court.
As we are a British Virgin Islands company and most of our assets are outside the United States, it will be extremely difficult to acquire jurisdiction and enforce liabilities against us and our officers, directors and assets based in China.
We are a British Virgin Islands international business company, and our corporate affairs are governed by our Memorandum and Articles of Association and by the BVI Business Companies Act (No 16 of 2004) and other applicable British Virgin Islands laws. Certain of our directors and officers primarily reside outside of the United States. In addition, the Company’s assets will be located outside the United States although we do sell our products into the United States. As a result, it may be difficult or impossible to effect service of process within the United States upon our directors or officers and our subsidiaries, or enforce against any of them court judgments obtained in United States’ courts, including judgments relating to United States federal securities laws. In addition, there is uncertainty as to whether the courts of the British Virgin Islands and of other offshore jurisdictions would recognize or enforce judgments of United States’ courts obtained against us predicated upon the civil liability provisions of the securities laws of the United States or any state thereof, or be competent to hear original actions brought in the British Virgin Islands or other offshore jurisdictions predicated upon the securities laws of the United States or any state thereof. Furthermore, because the majority of our assets are located in China, it would also be extremely difficult to access those assets to satisfy an award entered against us in United States court.
The laws of the British Virgin Islands provide little protection for minority shareholders, so minority shareholders will have little or no recourse if the shareholders are dissatisfied with the conduct of the affairs of our company.
Under the laws of the British Virgin Islands, there is some statutory law for the protection of minority shareholders under the Act. The principal protection under statutory law is that shareholders may bring an action to enforce our Amended and Restated Memorandum and Articles of Association. The Act sets forth the procedure to bring such a claim. Shareholders are entitled to have the affairs of the company conducted in accordance with the general law and the Amended and Restated Memorandum and Amended and Restated Articles of Association. Companies are not obligated to appoint an independent auditor and shareholders are not entitled to receive the audited financial statements of the company.
There are common law rights for the protection of shareholders that may be invoked (such rights have also now been given statutory footing under the Act), largely dependent on English company law, since the common law of the British Virgin Islands for business companies is limited. Under the general rule pursuant to English company law known as the rule in Foss v. Harbottle, a court will generally refuse to interfere with the management of a company at the insistence of a minority of its shareholders who express dissatisfaction with the conduct of the company’s affairs by the majority or the board of directors. However, every shareholder is entitled to have the affairs of the company conducted properly according to law and the constituent documents of the corporation. As such, if those who control the company have persistently disregarded the requirements of company law or the provisions of the company’s memorandum or articles of association, then the courts will grant relief. Generally, the areas in which the courts will intervene are the following: (i) an act complained of which is outside the scope of the authorized business or is illegal or not capable of ratification by the majority, (ii) acts that constitute fraud on the minority where the wrongdoers control the company, (iii) acts that infringe on the personal rights of the shareholders, such as the right to vote, and (iv) where the company has not complied with provisions requiring approval of a special or extraordinary majority of shareholders, which are more limited than the rights afforded minority shareholders under the laws of many states in the U.S.
Now T9......remember the Conflict of Interest clause?......no one had an issue with it.......yet according to BVI law.....the few rights SH's have.....are to make sure the Memorandum or Articles of Association are enforced......hmmmm.....
Bend over VSPC SH's.....Carl is about to break it off.....imho of course....and it looks like the law is on his side.....
Don't believe me.....read this.....
EX-3.1 2 viaspace_s1a6-ex0301.htm AMENDED AND RESTATED MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE REGISTRANT
it's in the filing.......
Thx T9.....great post.....a must read....
VSPC (bugle boy) has said over and over.....the pps is cheap.....you won't regret it.....yet I'm reading lot's of regret....
Yet you have others saying.....oh I know VSPC want go anywhere for another year.....have you ever heard of putting your money somewhere else.......earn some interest.....then come back?
When a CEO says repeatly......"I believe we will be profitable by years end".....I expect the company to be profitable by years end.....or he has trouble managing that company.....
again....great post
Josh....did you respond to me?....how could that be?.....you have me on IGNORE, right?.....must be an IHUB ooopppsss.....
Can't wait to see the PR tomorrow......explaining the financials....lol.....that must mean the filing today will be inadequate?.....you don't have to repsond.....just act like you have me on IGNORE.....
Jan pours it....you guys drink it.....
I've already responded....brillantly I might add....
Yeah logout....read it....then log back in......
A good laugh on that......this whole ordeal went from a soap opera to a comedy....
Go to yahoo......one pumper there is being exposed for who he is....
I told you guys I had a source or two.....now we shall see what the pr is......but it will deal with IPA(imho)......and the shaft you SH's get.....I told you before.....VGREF has SH's too.....and until VSPC closes the deal......y'all ain't one of them.....
Carl and Chang went through the SEC to screw you......yet they will try an spin the news.......to taste like Kool-aid......and some will post......I'm here for the long term......I don't want a fast nickel....
I'll take a fast nickel....over a slow dime.....ANYDAY.....
ok....log back in....
Most likely about the closing......I'm rarely wrong.....but I guess even that's possible....unless bugle boy is pulling an April Fool's joke on you....
Remember posting on yahoo saying you never said anything about contracts.......
Re: Bashers Set up for an announcement? 5-Mar-10 08:12 pm Hi guys. I have spent the last few minutes cleaning up the board with the ignore feature. It must annoy the s..t out of dopey that I never ever read his posts. I did see where someone said Rod and I promised contracts. I never remember saying that. I do remember saying they were working on contracts. It must be Rod who lied to Horse. LOL Rating :
(No ratings)Rate it: georgegets4...
Re: its quiet 11-Nov-09 08:17 pm There is not muchnew information. I believe like many that next week we will see the quarterly and significant other news to start flowing. I would no be shocked to see us end the year in the .07-.10 range. We will have GKG contracts most likely from DP. It is starting to look good for a contract from homeland security or the military for ionfinity. The one I am not sure of is the DMFCC as they are just starting to get noticed. The will be a huge factor in 2010.
I keep buying at every opportunity. Rating :
(No ratings)Rate it: georgegets4...
Cred is a terrible thing to waste.....been lots of pumping going on with this stock.....especially last fall.....anyone that questioned VSPC was called every name in the book.....and was said to have no cred.....it's intersting how a little filing can shed some light on who has cred....and who doesn't.....
Oh yeah....you might want to look for the PR Thursday....after the bell too.....imho of course
GLT....me
"From a strategic, longer-term standpoint, and as we anticipated, the IPA acquisition is generating cash that is being invested in expanding our capability to supply renewable, low-carbon energy sources in the form of fast-growing cellulosic grass that don’t interfere or compete with food-related agriculture," Kukkonen said. "And from a liquidity perspective, we expect to generate net positive cash flow for full-year 2009 and close the year with an improved cash position. Achievement of this objective would lay the groundwork for stronger growth in 2010, not only in renewable energy but also our fuel cell business."
So are we to take from this......if 2009 is not cash flow positive....2010 will suck?.......or is that just a projection?.....
Help me out......I don't drink Kool-aid.....this was from a year ago.....posted on yahoo 4/29....
Dr. Kukkonen continued: "The acquisition of Inter-Pacific opens up exciting growth opportunities for VIASPACE and creates multiple new revenue streams. By leveraging the profits from its established, revenue-positive consumer products line to fund rapid expansion of the grass venture we can develop a self-sustaining business with tremendous value for shareholders. With the projected growth in the high-yield grass business combined with the projected profits from the established consumer products line including other VIASPACE business units.......
Yeah....maybe your are right....let's leave the last part out....
....we can develop a self-sustaining business with tremendous value for shareholders.........when?
....with the projected growth in the high-yield grass business......what growth?
.....combined with projected profits.......what profits?.....that's about the other techs......
That statement was made in 2008......yeah it was a projection.....and CARL was wrong.......it's just business.....
He put the timeframe on it.....not me.....he's 9 months late closing IPA......and counting....
If Kool-aid is your thing.....keep drinking
Let's see if Carl keeps his word.....
Dr. Kukkonen continued: "The acquisition of Inter-Pacific opens up exciting growth opportunities for VIASPACE and creates multiple new revenue streams. By leveraging the profits from its established, revenue-positive consumer products line to fund rapid expansion of the grass venture we can develop a self-sustaining business with tremendous value for shareholders. With the projected growth in the high-yield grass business combined with the projected profits from the established consumer products line including other VIASPACE business units, we believe that VIASPACE will profitable in 2009."
How bout that report.......CARL??????
T9.....one of Rod's post.....again bugle boy's sentiment....
Re: IR Yesterday 29-Dec-09 01:22 pm Thanks George and yes I am sure it should be a quiet week. Although Jan did sound encouraging re:VGE & Mr Changs involvement.
He did state after the VGE-offering the stock would trade a week later so hopefully the SEC approves this week if they are working.
Just my 2cts but OAMOT. Ionfinity could be the sleeper here.
Sentiment : Strong Buy
Rating :
(No ratings)Rate it: rod4184@sbc...
I think it was George that repeatly said bugle boy was frustrated with the SEC.....and Rod get's the idea from Jan it's bam bam.....the filing is effective and VGREF trades a week later...
Now didn't the filing say.....if VGREF is declared effective....VSPC got an automatic extension for the closing.....now VGREF can't trade because of the negotiations according to bugle boy....there was over a 4 week window for VGREF to begin trading......they can't make payroll because of negotiations......they can't say anything because of negotiations......
Chang got what he wanted.....a public company.....located in the BVI....the rules got chang(ed)....late in the game for a select few.....yet VSPC is hung out to dry......
Now I'm like you T9......not sure with this bunch....but I really believe the closing is going to happen......and it will NOT favor VSPC SH's......the S-1 spelled it out clear......Chang will get his.....Carl keeps his gig......and VSPC's VGREF shares.....go to Chang....unless he can spin it in such a way......to convince some to believe.....it's in their best interest to remain SH's....the way the folks around here drink Kool-aid.....that seems logical......imho of course
I apologize for that.....I should have known better......when the filing comes out tomorrow....I let you know how bad it is.....of course it may not come out until you get home from work.....
And when you get reemed on the closing later.....I'll break it to you gently.....DEAL?....or NO DEAL?.....
That was in my post......genius.....I was just having fun with you......since you thought it was a loan......but you still don't won't your company to have DEFAULT status......it shows irresponsibilty on their part....anyway......bugle boy sent me an email about it.....remember....it was due in July......
Dr. Vandersande
The Sec of State of Nevada website shows VSPC in "default" status, and has been since July 2009. Why is filing the list of officers a problem for VSPC?
Also, the word on the street is that the closing will occur Thursday. Is that correct?
Thx
xxxxx HORSE
Hello xxxxx HORSE
The default (an annual filing fee) was taken care off. Our officers and directors will be listed in our 10K that will be out tomorrow.
We do not comment on rumors.
Regards
Jan
Here's something you will see tomorrow......Carl pleaded with the SEC.......
Re: Viaspace Green Energy, Inc.
Registration Statement – Form S-1 (Registration No. 333-159717)
Ladies and Gentlemen:
Viaspace Green Energy, Inc. (the “Company”) hereby requests that the Commission take appropriate action to cause the above-referenced registration statement on Form S-1 to become effective on December 31, 2009 at 9:00 a.m. Washington, D.C. time.
The Company hereby acknowledges the following:
· should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing;
· the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the Company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and
· the Company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
Very truly yours,
VIASPACE GREEN ENERGY, INC.
By: /s/ Carl Kukkonen
Carl Kukkonen
Chief Executive Officer
Carl wanted you to see this in the filing tomorrow......just a little more Kool-aid.......I say you can still look to get reemed this week.......in the closing.....
Sleep well......
How much you want to bet.....you get very few answers....in fact....I bet you have more questions......there won't be anything about the closing......not sure how they handle the IPA revs......now they may claim it.....with an *......but until the deal goes through......it ain't worth squat......and remember.....sales were off 42% for IPA, right?....as of 9/30.....
If they had GOOD numbers....and answers....they would have already released it by now.......I wonder if they wait until after the market closes tomorrow.....of course it could come out today........right?.....
From yahoo......
Re: Bashers Set up for an announcement? 5-Mar-10 08:12 pm Hi guys. I have spent the last few minutes cleaning up the board with the ignore feature. It must annoy the s..t out of dopey that I never ever read his posts. I did see where someone said Rod and I promised contracts. I never remember saying that. I do remember saying they were working on contracts. It must be Rod who lied to Horse. LOL Rating :
(No ratings)Rate it: georgegets4...
this was an earlier post.....
2% of the surface is ideal for GKG. 6-Feb-10 05:57 pm I made this statement yesterday and lack of horse sense called me on it. I did not make the statement ideally. If you remove the oceans, lakes, mountains, arctic, antarctic,and all the deserts you most likely have about 2% of the earths service which is ideal for GKG.
I also said that the price will return to .028 or better in the next two weeks which I still stand by. Horse disagreed and made it sound like I was saying by weeks end. It will happen when the announcement of VGREF trading happens. It is going to happen.
Now lets get to what may happen and disregard the nay saya(pun intented).
Who and why would anyone buy VGREF for $3.00? Right now I would say virtually no one except insiders. Why? Because although we are familiar with VSPC most people are not. It needs a great deal of public awareness by the Institutions and major investor. It is a different mentality and a larger pocketbook reguired for stock trading over a dollar. Viaspace evidently convinced the SEC that the company had a great story, contracts to be signed,and big potential for share price appreciation. My GUESS is we will see a huge PR campaign which has already been paid for with stock. Mostly what we have seen recently has been news articles and press releases sent to newspapers and magazines which cost little to nothing. Now I believe we will be seeing things comin out of the Green Baron and the rest of the stock touting services. My OPINION is they will do everything possible to drive the stock price above $5 and then have Cohan comeout with another report saying that VSPC net worth is in the hundreds of millions of dollars. The Annual Report is in the works and comes out next month. Viaspace already has the numbers and knows if they look good or bad. Ionfinity will be getting somemore money from the govenment in April which I believe is about $425,000. Samsung recently released a press release talking about their new fuel cell which is stacked. This a Caltech patent product which we would share in revenues on the patent and also enjoy monies from the DMFC to recharge it.
Dr K recently has said that he has been talking to India, Africa, Southern Asia and South America and people are interested in the GKG. We know that they planted 1,200,000 seedlings on the 100 original acres. We now have 250 acres with excess seedlings. What did VSPC do with those seedlings? There had to be 4-7 million above what was needed for the 250 acres.
Dr K said in an interview a couple of months ago that pretty soon the share price at that time would look like a bargain. Perhaps now is that time.
Disregard Horse as he has been wrong about everything. Don't worry about the Chang deal as the company isn't worried about it. There really shouldn't be any additional dilution as 1.2 billion shares had been authorized and the investing public knew about it a couple of years ago. These are not new shares.
Sentiment : Strong Buy
then George got a response.......
Re: 2% of the surface is ideal for GKG. 30 minutes ago Another GREAT post George! I am following your line of argument and agree with most of it as a likely possibility. Something along those lines has to happen, the PR coming to drive the new stock up, the contracts etc. I am very excited bc I can feel it coming. I held Viaspace for 3 yrs, bought more over the years and never had a more promising feeling than now. As I stated b4, now is the time to buy. If you haven't yet, I'd be worried if I were you.
Sentiment : Strong Buy
Rating :
(No ratings)Rate it: brightside4...
Careful what you post......PUMPERS.....some folks actually believe you mean what you post.....and post what you mean.....
Looks like George missed the .028 pre_dic.....
Well then....what would the closing not occuring have to do with their cashing in shares....to make payroll?...that's what bugle boy said to Linda.....don't you believe her?....you can break out all the formula's you want.....bugle boy could have just said......we sell shares to make payroll......without mentioning the closing.......he brought it up....not me.....
I just hope he responds to my email about the DEFAULT status with NEVADA......I also ask about the closing Thursday.....which the more DD I do today.....I don't think is going to make many of you very happy......but don't worry......Carl will be OK....as well as VGREF SH's......
Bugle boy promised the second closing by 2/15........from yahoo
Spoke with Jan at 9:35 9-Feb-10 09:47 am just spoke with Jan.
Hi Jan, its George have you gotten the jokes I sent you?
No, I haven't opened my mail yet.
I know you are being asked about the closing but I have gotten the impression from you that you are not worried.
No, I am not worried. I am told it is going to happen. Whether it is today, tomorrow or the day after but it it is going to happen. There is a lot of paper work, negotiations between VSPC and Chang and his partners.
Thanks, I will speak to you soon.
Bye George Rating :
(1 Rating)Rate it: georgegets4...
He was promising the closing within the next few days of......2/9/10
Thx Josh.....
Well....we're waiting......did you check it out?....
It's OK....you can say it......DEFAULT status.....
I was just checking to see if the raised the A/S.....and that's what I saw.....
Interesting what bugle boy told Linda.....having to cash in shares for a paycheck....because they are still negotiating....lol
That means they don't own 59% of IPA....like they have been saying.....
I would love to hear you educated response.....or anyone else....
I won't touch the Kool-aid.....but do you honestly believe this deal is still being negotiated?.....they knew they didn't have the money months before the deadline.....even the SEC picked up on it.....from the SEC Q and A.....
Re: VIASPACE Green Energy, Inc.
Amendment No. 5 to Form S-1
Filed November 3, 2009
File No. 333-159717
3. We note your statement that "Management is uncertain when it will be able to raise the cash payment amount." We note your supplemental response that indicates that management "believes that the closing conditions will be met." Please reconcile.
Response: When the supplemental response stated that “management ‘believes that the closing conditions will be met’” it was referring to the Company’s and VIASPACE’s closing conditions only. None of those closing conditions involve the cash payment amount.
Notice how VSPC tries to play word games with the SEC.....
5. We note that the deadline for the second closing date has passed, and the balance owed to Mr. Chang continues to increase significantly. Include a risk factor highlighting the uncertainty that the cash payment will be raised.
Response: The cash payment to Chang is owed by VIASPACE, not the Company. Therefore, VIASPACE, not the Company, would suffer adverse economic effects due to payment obligation. VIASPACE is current negotiating with Mr. Chang on alternatives to the cash payment amount, however the VIASPACE settlement with Mr. Chang does not affect VIASPACE Green Energy’s assets or business.
Now do you really believe they are still negotiating?.....or do you think they are stalling?......they is a difference.....too bad you can't buy VGREF shares......looks like that's who Carl is looking out for......and himself.....imho of course
My guess.....some sort of VGREF takeover of VSPC......because of non-payment.....but who can tell with this bunch of TRANSPARENT people.....one thing for sure....they aren't sitting at a table.....
If that's the case......don't look for any good numbers this week......bugle boy sells....Muzi sells....so much for being profitable by years end.....thx Hercules.....another broken promise....
Wonder if they will release them on time?......makes you wonder.....go to the pinks.....and you don't have to report.....fit's the MO of this transparent company of late....
nvsos.gov......
I actually erred......you don't have to register....go to the webpage....hit online services....business entity search.....type Viaspace.....and you will see this.....
Entity Name NV Business ID Status Type
VIASPACE INC. NV20031400399 Default Domestic Corporation
click on that....you'll see this.....
VIASPACE INC.
Business Entity Information
Status: Default File Date: 7/14/2003
Type: Domestic Corporation Entity Number: C16661-2003
Qualifying State: NV List of Officers Due: 7/31/2009
Managed By: Expiration Date:
NV Business ID: NV20031400399 Business License Exp:
I sent bugle boy an email.....can't wait to here from him.....
Where are the ASk Slappers?......
Talk about denial......did you have lead paint in your house growing up?....
Posted by: pickinNclickin Date: Monday, March 29, 2010 5:29:26 PM
In reply to: horse_shoe who wrote msg# 7670 Post # of 7679
i also dont remember any outstanding loans etc...so what could they default on?
You brought up the loans......and Laugh did at yahoo.....you guys are a hoot.......
If you go to the Sec of State of Nevada website......you'll have to register......then you can see what VSPC is in default on.......or you could just read my brillant post.....they have been in default since last JULY......do some DD.....
Just when I thought you couldn't be any.......well let me help......again
VIASPACE INC.
(Exact name of small business issuer as specified in its charter)
Nevada
(State or other jurisdiction of
incorporation or organization) 76-0742386
(I.R.S. Employer Identification No.)
2102 Business Center Drive, Suite 130, Irvine, CA 92612
(Address of principal executive offices)
(626) 768-3360
(Issuer’s telephone number)
This is the header on the last 10-Q.....the company name is VIASPACE......now from VGREF.....
VIASPACE GREEN ENERGY INC.
(Exact name of registrant as specified in its charter)
British Virgin Islands 7330 Not Applicable
(State or other jurisdiction of
Incorporation or organization) (Primary Standard Industrial
Classification Code Number) (I.R.S. Employer
Identification Number)
You can go public in Nevada.....like you can get married......lots of scam companies go through NEVADA.....check out pink sheets......
As far as the LOANS.....lol......they are in default with their filings with Nevada.......who the heck would loan VSPC a dime?......
Now if you need anymore help.....I'm here for ya.....
but for now....I'm fixing my bride supper.....will chit chat in the am......now go do your homework.....and how bout some of you longs helping him out.....don't let him post such things....it don't look good.....
You are kidding.....right?....no you probably aren't.....the SEC of State of Nevada website......looks like you are not alone.....from the website.......
VETERINARY HOUSECALLS, LLC NV19991075142 Permanently Revoked Domestic Limited-Liability Company
VETSYS, INC. NV20071214054 Revoked Domestic Corporation
VEYRON PRIME CAPITAL LLC NV20061514031 Revoked Domestic Limited-Liability Company
VIASPACE INC. NV20031400399 Default Domestic Corporation
VICTORY FREIGHT, INC. NV20021302426 Permanently Revoked Domestic Corporation
VIDAR COMPANIES, INC. NV19921077811 Default Domestic Corporation
VIDCOM HOLDINGS CORPORATION NV20051197217 Revoked Domestic Corporation
There could be some good news though.....they haven't raised the A/S count......which leads me to doubt my sources about the closing.....
Viaspace....DEFAULT status with NEVADA.....
Entity Name Status
VIASPACE INC. DEFAULT
Name: VIASPACE INC.
Central Index Key:1299933
Type:Corporation File Number:C16661-2003 State:NV Incorporated On:07/14/2003
Status:DEFAULT Corp Type:NRS78 - Domestic Corporation
Registered Agent: VAL-U-CORP SERVICES, INC. (Commercial Registered Agent)
Address: 1802 NORTH CARSON STREET SUITE 108
Address:
CARSON CITY NV 89701
President: CARL KUKKONAN
Address: 1802 NORTH CARSON STREET
Address: SUITE 212
CARSON CITY NV 89107
Secretary: STEPHEN MUZI
Address: 1802 NORTH CARSON STREET
Address: SUITE 212
CARSON CITY NV 89107
Treasurer: STEPHEN MUZI
Address: 1802 NORTH CARSON STREET
Address: SUITE 212
CARSON CITY NV 89107
Director: CARL KUKKONAN
Address: 1802 NORTH CARSON STREET
Address: SUITE 212
CARSON CITY NV 89107
Someone call bugle boy......he will still be there for 2 1/2 more hours.......I'm sure it's just an oversight......lol
Don't worry.....I'm leary of your post.....trading rule 104
Is slapping the ask....trading rule.....69?
I slap it.....she moaned sooooo goooood....it's all in the technique.....
I'm in boys and girls.......let the train roll......power hour
Never slap the ask......Trading 102.....lol
let me give it a few minutes.......I might slap it.....
Gotta another partial.....I'm a genius....imho
thx for the pre_dics......let me get filled....and we're there......
I GOT A PARTIAL FILL.....135....come on somebody.....sell em
That's me....I think I can get it filled.....then it can fly.....