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If you had read my brillant post....you would know that the gig is done in The Villages, FL.....got a few weeks at home...it's great....
Now...what smoke and mirros?....the last pr that states VSPC is trying to re-purchase IPA.....
IRVINE, Calif., March 1 /PRNewswire-FirstCall/ -- VIASPACE Inc. (OTC Bulletin Board:VSPC.ob - News), announced that negotiations on a Securities Purchase Agreement for its purchase of Inter-Pacific Arts Corp., a subsidiary of VIASPACE Green Energy Inc., are continuing. Both parties are working toward an agreement. No further details were provided.
or the smoke and mirrors that keeps VSPC out of the grass biz until the OCT next year?.....
On October 13, 2009 the parties to the Purchase Agreement entered into Amendment No. 3 to the Securities Purchase Agreement in which the parties agreed that Acquirer Shares would not be subject to cancellation unless the registration statement was abandoned. If the Acquirer Shares were registered, then such shares would no longer be subject to cancellation. In addition, the parties clarified that the non-competition clause did not apply to us and Messrs. Kukkonen and Muzi, but only to VIASPACE and its other affiliates. Further, we deleted the obligation of China Gate to assign the license to us.
Not sure what smoke and mirrors you are posting about....been looking for that $fittyk buy you've been promising.....btw....I didn't think you were so excited about GKG anyway....oh well...I guess if you want to post about biomass....you'll need to do it on the VGREF board.....lol
Pls provide any mistatements or untruths that I am posting....I wish to be accurate....thx
Josh....let's not forget the non-competitive clause....which prevents VSPC from competing in the grass biz.......
In addition, the parties clarified that the three year non-competition clause to engage in the grass business starting from the date of the First Closing does not apply to VGE and Messrs. Kukkonen and Muzi, but only to VIASPACE and its other affiliates. Further, we deleted the obligation of Licensor to assign the grass license to VGE.
If VSPC....re-purchases IPA.....that would make them an affiliate.....therefore....you can take that trademark....and $5....and buy a cup of Starbuck's coffee....
Now what were you saying about getting my clock cleaned?.....
They need the license to sell....and what prevents the licensor from chang(ing) the name Josh.....the could call it Giant Queen Grass.....GQG....it's the license that's needed....in order to sell.....
You said you were in biz before......did you need a trademark to do biz?....or a license?.....
Nice try Josh....you re-posted what some else did on yahoo....but please provide a link where VSPC has a trademark on GKG and that gives them exclusive rights to sell.....if that were the case the SEC wouldn't have had these questions.....and there would have been NO RISK.....
Prospectus Summary, page 6
2. We note your statement on page seven that the parties’ obligations to consummate the second closing are conditioned upon the execution of the assignment of the right to grow and harvest fast-growing grasses from China Gate to lPA China. Please revise your disclosure to indicate the anticipated terms of the assignment, when the parties anticipate executing it and whether the original licensor of the grass has agreed to such assignment.
Response: We have waived this requirement in exchange for Chang and China Gate executing the third amendment to the Securities Purchase Agreement.
3. We note that in addition to the assignment addressed in comment two herein, there are additional unspecified conditions to the second closing. Please revise your disclosure to identify each condition to the second closing. The disclosure should indicate whether each condition has been satisfied. To the extent a condition has not yet been satisfied, please disclose management's assessment of when the relevant party will satisfy the condition. Please explain the impact on the company if the second closing does not occur.
Response: We have revised the disclosure accordingly.
Risk Factors, page 13
4. We note your response to comment nine from our letter dated August 21, 2009 and your deletion of the risk factor addressing the risk that the second closing may not occur. Please include a risk factor addressing the risk that in the event the second closing does not occur, China Gate will not be obligated to assign its right to grow and harvest fast-growing grasses to lPA China.
Response: Since we have waived this requirement, we have inserted a risk factor discussing China Gate’s lack of obligation to assign its right to grow and harvest fast growing grasses to IPA China.
So please explain Josh.....if VSPC has the GKG trademark....why would the SEC ask about a license....or lack thereof....as a risk.....and why even complete the second closing.....screw Chang.......screw the Licensor......we got the trademark
also...the non-competitive clause....
In addition, the parties clarified that the three year non-competition clause to engage in the grass business starting from the date of the First Closing does not apply to VGE and Messrs. Kukkonen and Muzi, but only to VIASPACE and its other affiliates. Further, we deleted the obligation of Licensor to assign the grass license to VGE.
Josh you were challenged....be a man...either answer or admit you are wrong.....or at least back up your statement about IPA owning the rights to GKG.....it's in the S-1.....or you can play HORSE games with BIFF.....
You been challenged.......
I guess reading is fundamental...from the last pr
VIASPACE Inc. (OTC Bulletin Board: VSPC), announced that negotiations on a Securities Purchase Agreement for its purchase of Inter-Pacific Arts Corp., a subsidiary of VIASPACE Green Energy Inc., are continuing. Both parties are working toward an agreement. No further details were provided.
What ever happened to the purchase of 59% of VGREF?.....maybe Josh can let bugle boy tell him how this is really great for everyone....even if VSPC gets diluted further......HAY....at least VSPC has a cash flow....as long as Hobby Lobby doesn't bail....but that wouldn't happen......would it?
JOSH IPA does not own the rights to GKG......prove me wrong....I dare you.....remember....you will have to go to the S-1 for proof.......c'mon Josh.....I double dare you.....
Can you read?.....VSPC is buying IPA...from who?....VGE....why?.....VGE owns IPA 100%....VSPC lost it's 59% of VGE when the second closing didn't occur....
They can negotiate until JESUS comes back.....but VSPC lost VGE
Read the S-1.....VSPC and Chang had a contract....a deal is a deal.....the SEC had a ton of questions......that's what took so long to get VGREF listed.....remember...they are negotiating.....VSPC did not get another extension....that's also a legal process to a closing
Why do you think Chang kept giving an extension?....to get VGREF listed.....since then.....VSPC has gotten NO more extensions
and you guys thought Chang was a great guy....he could have just walked at anytime.......HE WANTED A PUBLIC COMPANY....he got it.....
Remember it's PENDING....this might not close either....VSPC has a track record of not closing the deal.....they might get an extension.....again....and again....and again.....
You SH's need to bust some doors down.....find out whar Carl is doing with your shares......how much dilution is this going to cost......
CC contract is coming.....great buy today....lots of interest in SL.....you'll see.....glt....me
Viaspace acquires IPA.....
In 2008 VIASPACE acquired Inter-Pacific Arts (IPA), a profitable framed art business, for its material ongoing revenue, net income and positive cash flow; and for its proprietary license to grow and sell Giant King Grass. To generate additional near-term revenue, crops of Giant King Grass will be sold as animal feed for dairy cows, cattle, pigs, sheep, poultry and fish. The company is pursuing long-term supply contracts for animal feed.
This is too funny.....I guess Chang got his bill paid....
Due from Sung Chang $ 1,009,000 $ 209,000
Due from JJ International 706,000 657,000
Due from employee of IPA China 204,000 ?
Total $ 1,919,000 $ 866,000
IPA China owes $19,000 to an employee of IPA China at September 30, 2009 which is shown as a Related Party Payable in the accompanying consolidated balance sheets. In addition, the Company owes $25,000 to its Parent Company at September 30, 2009 related to expenses paid by Parent Company on behalf of the Company.
VSPC gets the art store back....Chang gets the GKG.....great deal........lol
Wonder how much that cost?
Google shows nothing...the S-1 says....
3) The natural person with voting and dispositive powers for Green Solutions Group Limited is Hsiu Fen Su, the wife of Sung Hsien Chang. Mr. Sung Hsien Chang has a minority interest in Green Solutions Group Limited.
The Chang gang is in control of VGE.......check this.....
(4) Shareholder is the father of Mr. Sung Hsien Chang.
(5) Shareholder is the mother of Mr. Sung Hsien Chang.
(6) Shareholder is the brother of Mr. Sung Hsien Chang.
(7) Shareholder is the nephew of Mr. Sung Hsien Chang.
(8) Shareholder is the wife of Mr. Sung Hsien Chang.
(9) Shareholder is the son of Mr. Sung Hsien Chang.
(10) Shareholder is the sister-in-law of Mr. Sung Hsien Chang.
(11) Shareholder is the sister of Mr. Sung Hsien Chang.
(12) Shareholder is the cousin of Mr. Sung Hsien Chang.
(13) Shareholder is also known as Maclean Wang, and is an employee of the Company.
and just for fun....bugle boy has an interest.....
and Dr. Jan Vandersande serving as Director of Communications will be granted 15,000 shares of VGE common stock and an option to purchase 15,000 shares.
Good luck T9
Yeah...proves my point.....brillantly....IMHO
When do you think the VGREF SH's will vote.....NO.....on the VSPC deal?......or...will we get a pr saying......they are still voting....then two weeks later...they are mutually still voting
On Yahoo...the VGREF board didn't post the last 2 pr's.....that VSPC did....wonder why?......
Oh well...no worries....OAMOT......Chang might let VSPC have 75% of the company.......
Will VGREF SH's have to vote on deal?.....or is it just up to you guys to decide what Chang will give you?.....lol
or he could put VGREF SH's....on IGNORE
There's a bunch of Chang's and Wang's.....from pg 47 of the S-1
Number of
Shares Owned
Before
Offering Number of
Shares
Offered in this
Offering Number of
Shares Owned
After Offering(1) Percentage
Owned
After
Offering(1)
Sung Hsien Chang (2) 530,000 106,000 424,000 4.9 %
Green Solutions Group Limited (3) 526,000 105,200 420,800 4.9 %
Wen Liang Chang (4) 10,000 10,000 0 0.0 %
Yin Chia Yang Chang (5) 10,000 10,000 0 0.0 %
Sung Kao Chang (6) 40,000 30,000 10,000 0.1 %
Yu Yin Chang (7) 10,000 10,000 0 0.0 %
Shun Yin Chang (7) 10,000 10,000 0 0.0 %
Sung Hung Chang (6) 60,000 30,000 30,000 0.3 %
Hsiu Fen Su (8) 350,000 70,000 280,000 3.3 %
Chun Hao Chang (9) 200,000 40,000 160,000 1.9 %
Jay Chang (9) 200,000 40,000 160,000 1.9 %
Chung Hsin Lin (10) 10,000 10,000 0 0.0 %
Yin Ju Chang (11) 10,000 10,000 0 0.0 %
Chan Sheng Lin (7) 10,000 10,000 0 0.0 %
Chan Kuan Lin(7) 10,000 10,000 0 0.0 %
Tzu Ching Lin(7) 10,000 10,000 0 0.0 %
Chan Chun Lin(7) 10,000 10,000 0 0.0 %
Chih Wei Chang (12) 10,000 10,000 0 0.0 %
Ting Wei Chang(12) 10,000 10,000 0 0.0 %
Ya Hui Chang(12) 10,000 10,000 0 0.0 %
Ko Hsin Yang(12) 10,000 10,000 0 0.0 %
Zhan Pei Xiao 99,000 30,000 69,000 0.8 %
Hai Yang Xiao 500 500 0 0.0 %
Hai Lan Xiao 500 500 0 0.0 %
I Sen Chen 50,000 30,000 20,000 0.2 %
Huan Ching Hsu 100,000 30,000 70,000 0.8 %
Su Nan Wang 150,000 30,000 120,000 1.4 %
Marty F. Bridges 2,000 1,000 1,000 0.0 %
but you already knew that, right?......oh yeah...look on pg 48 also....
That's why you guys/gals are down with this POS.....you believe what you read on a MB....but don't actually read a LEGAL DOC.....
VGREF SH's want what's LEGALLY their's.....and you VSPC bagholders think they are just going to give it up....LOL
My JAG doesn't need washing BIFF....last time you didn't do so good.....find another rich dude to sponge off of....slacker
Why?....can you only afford 100 shares?
Don't buy today.....in a few days you might be able to get 200 shares....the broker fee is the same either way.....
That will be......$10.....Cash....not shares
PR's are not legal docs.....S-1's are
You VSPC SH's think you have all the rights....if this deal doesn't go through....even though the SEC gave every opp for you to sell(read the S-1)....grow up.....
Here's a news flash......there are other SH's......those that own shares of VGREF.....by contract VGREF owns IPA 100%......VSPC lost it's 59%........to Chang.....VSPC lost it's rights to GKG biz.....
A deal is a deal.....if VSPC gets anything....it will be peanuts
Chang now has a public company.....VSPC remains in tact.....VSPC owns IONFINITY and DMFCC....and yes....Chang owns a ton of shares.....so what?
VGREF owns IPA and GKG.....and VSPC is no longer a majority SH
Of course we can always chase rumors.....
More pumping here.....Chang owns VGREF....read the S-1......why would he accept under 50%......hay....wanna buy a bridge?
Pickin....how do you figure it ain't?......VSPC has NO news on the horizon....they keep kicking the can down the road....yep....the HORSE says....look for sub penny soon
Oh I know that WALL STREET tycoon....BIG d said......011 is the bottom.....but I think Thunder is rolling.....
Will I buy?......too soon to say.....this is one pathetic bunch running these 2 companies.....I still can't say if they are crooks......or just STUPID
Give it up.....the pps is headed down....my advice to you....double down
I'm not sure Chang has bolted......who the heck knows?....I think they are just stalling.....you mentioned the Q and A being released as a way to say something....without saying something.....
How long do they "keep negotiating" in order to keep SH's from a lawsuit?.....or at least be able to say they tried as hard as they could.....or the best thing for VSPC was not to dilute....
VSPC gives up it's VGREF shares....is that so bad with NO CONTRACTS?
Oh well....a few more weeks....and we still won't know
From the SEC Q and A......
Re: VIASPACE Green Energy, Inc.
Amendment No. 2 to Form S-1
Filed September 4, 2009
File No. 333-159717
The SEC question......
1. We note your response to comment one from our letter dated August 21, 2009 and your disclosure on page eight that in the event the second closing does not occur, Mr. Chang will retain the shares of VIASPACE Green Energy Inc. only if the conditions to VIASPACE Inc.'s closing obligations have been satisfied. As we previously noted, if there are unsatisfied conditions to the issuance of shares being registered on this registration statement, the private placement of shares between the company and selling shareholders has not been completed and this registration statement cannot be declared effective.
Response: We have revised the amendment to the Stock Purchase Agreement to provide that Chang will retain his shares; provided that as the Staff had indicated, the shares may be subject to cancellation if the registration statement is not declared effective.
As T9F has posted on more than one occasion.....VGREF has been declared effective....VSPC owns 59% only if they close.....
If the Second Closing does not take place by the Second Closing Deadline, then alternatively, the following will occur:
· Chang and/or his designees shall retain our Shares;
· VIASPACE shall transfer all shares of our common stock it holds to Chang;
· Chang will deliver the remaining 30% equity interest of IPA-BVI to us, such that we shall receive all equity securities of IPA-BVI, and
Our common stock is....the 59%
here's the real question.....why did VSPC NOT get exempted....but CARL did?.....
In addition, the parties clarified that the three year non-competition clause to engage in the grass business starting from the date of the First Closing does not apply to VGE and Messrs. Kukkonen and Muzi, but only to VIASPACE and its other affiliates. Further, we deleted the obligation of Licensor to assign the grass license to VGE.
GLTA
T9F...word up?....bring it on boys/girls
This is a softball....don't accept the premise that T9 is right.....but we got nothing else to do....VSPC ain't closing today.....VGREF ain't trading today....and bugle boy is in a good mood.....
The thing you want to remember....VGREF trading has nothing to do with the 2nd closing.....the SEC Q and A dealt with that....if any of you actually read it.....glt.....me
Jan(bugle boy) has motives......from AOL finance
Insider Transactions: VSPC
.Date Insider Type Ownership Market Value Shares Price range Total Holdings
02/10/10 VANDERSANDE JAN W, Divisional Officer Planned Sale — $2,720.00 160,000 $— - $— —
01/14/10 VANDERSANDE JAN W, Divisional Officer Planned Sale — $2,626.90 119,403 $— - $— —
12/16/09 VANDERSANDE JAN W, Divisional Officer Planned Sale — $2,152.09 95,238 $— - $— —
He wants to eat.....
Josh you and Rodman posted back in DEC that the reason there was NO live trial with DP was because DP didn't want the word to get out about GKG.....and the vibe you two got from bugle boy was that a DP deal was imminent.....give it a rest will ya......Jan wants to eat and live indoors like the rest of us
your conversations with him have proven very unreliable.....as VSPC continues to fall....you have called this the most transparent company.....you've pumped and pumped....yet you post I'm one of the reasons the pps is going down....maybe you are.....
You keep the expectations up for VSPC.....drinking the kool-aid....and Carl never delivers
Jan is paid to be upbeat.....and he relies upon selling shares to eat and live indoors.....I guess the flying trumpets aren't paying off anymore......
You have a right to pump as much as anyone.....but when has a call with Jan lead to anything significant happening?
Why not ask bugle boy the reason for Carl getting exempted from the non-competitive clause....and not VSPC...let's see if he gets a little testy then.....or will that be something he can't discuss.....because of negotiations?
Don't let the pumpers discourage you....jaru....22
tell it....
I bet you talked to bugle boy....he was pumped......real hush hush.....are you going to tell us.....negotiations are ongoing?......whoa...this is HUGE......VSPC.....might stay above a penny.......BIG d must have known this was coming......buy at .011.....
Any pr....would be above average....when's the last time they released one?...yeah...I'll take .009
BIG d is calling the bottom.....011.....no selling pressure....BUT.......just enough though to get it to .011.....
Who the heck knows....with this POS company
Good luck d
I wouldn't either.....it's only money.....
GLT....me
The right pr.....we run past a nickel.....
longshot....yes.....possible....yes.....imbo
Great post pickin'....8K due....last Monday...
because of the holiday....lol
Short term as well...imbo.....CC's and other projects are popping up all over SL.....OAMOT....oh yeah...AU as well
Now that's a great post...imho
VSPC doesn't own IPA....VGREF does....100%
Great question....and a point some tried to make prior to the 2nd.....NON closing....
Now the arguement was....IPA will generate a cash flow.....let's overpay by $12 million for IPA.....we will get into the GKG biz........then the rev's for IPA drop.....then the 2nd closing doesn't occur....and VSPC is no longer in the GKG biz.....GREAT buy Carl...oh wait....CARL is exempt....but not VSPC
All that you seem to get with VSPC....is more questions....you surely don't get answers
Why would I send you a PM?......I post for the world to see.....I'm just trying to give the other side....you know....the one you IGNORE
Now I have chang(ed) my sentiment to hold....even though with todays pr.....a penny could happen this week.....maybe yes maybe no.....still I say hold.....if you can....
There will be a contract of some sort announced....before there is a closing....Carl and Chang are stalling.......OR
They will just sit this one out as long as they have too....in order to tell a JUDGE....your honor....we tried...we really tried.....we just couldn't come to terms....we wanted the best for VSPC SH's.......
Who knows with this bunch.....but I do say this....if you see a pop in pps....say .03....get out of dodge...these boys can't be trusted....with yo money
IMBHO
What money..VSPC has NO money....The main reason Chang hung around was to get VGREF listed....since then....NOTHING has happened.....except negotiations continue
Do you think he thought VSPC has $5.5 million dollars....in stok that's over 300 million shares.....(check me on that)
This is a stall game....maybe a contract is coming...who knows.....but Chang is looking out for Chang....not you....imho
SGCP plants rice under a CC agreement....sells the rice husk to a biofuel company...
I know....baby food is NOT very foward thinking....selling rice as the result of a CC agreement....for biofuel....oh yeah
That shows the potential SGCP has a company.....
You guys are looking at an OLD GKG presentation.....look at the date.....
BTW....VSPC is no longer in the GKG biz......unless Chang does a 180......
of course....there's always hope