Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's what I've been saying....why the heck do you think I was/am going to buy?.....
The only thing was....and it is tricky to read....if you're DAWG tired like me.....was that VSPC gets the boot from GKG....and as I read further...Carl may not get the boot after all...he may still be an officer in VGREF....and in China....as a Contractor as well...ie the NO CONFLICT CLAUSE....they went out of their way to put that in there....it's almost like they may have wanted it to look like they REALLY tried hard....but Chang wanted HIS money....the 2nd closing didn't occur....BUT HAY.....NO DILUTION......but also....NO GKG MONEY
Now like I said I'm Dawg tired....need to finish my FL gig this weekend....trying to relax.....but yeak T9F....that's what I'm seeing....
Read the S-1.....Viaspace is OUT....if the second closing doesn't occur.....
Also pursuant to the second amendment, VIASPACE irrevocably assigned to Chang and Licensor the VIASPACE shares issued to Chang and Licensor in the First Closing of the Purchase Agreement. Licensor agreed to limit sales of VIASPACE common shares issued at the First Closing to a maximum of 8,800,000 shares in any 90-day period. On October 13, 2009 the parties to the Purchase Agreement entered into the third Amendment to the Securities Purchase Agreement in which the parties agreed that in the event that the Second Closing fails to occur and VIASPACE’s closing conditions to the Second Closing have been satisfied by Chang, then (1) Chang and/or his designees shall retain our Shares, (2) VIASPACE shall transfer all shares of our common stock it holds to Chang, (3) 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 (4) if VGE’s common stock is not listed on a Trading Market as of the Second Closing Deadline, Chang shall also receive such number of shares of VIASPACE common stock so that Chang shall own a majority of the outstanding shares of VIASPACE common stock as of the date of issuance. 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.
Chang has lived up to HIS end of the deal....Carl has not...
Chang get VSPC....VSPC gets NO GRASS
Oh well...no GKG...just DMFCC....IONFINITY
I remember something about a picture being posted today and DMFCC's.....I also remember Jan's email saying that there was a confidentiality agreement with Samsung....therefore....NO COMMENT....must be real hush hush.....and real transparent....
Oh well....maybe the sniffer will come through....by the end of next year.....
They have to hammer out the details of them NOT CLOSING....Chang can forgo some provisions...it's in the S-1....
The aquisition is...... Chang aquiring VSPC.....sorry guys/gals
Better luck next time.....
Maybe the DP deals comes....and VSPC SH's get NOTHING.....read the S-1 boys and girls......
In addition, VIASPACE, Carl Kukkonen and Stephen Muzi have agreed to non-competition covenants with our grass and framed art businesses upon a failure to close the Second Closing unless otherwise waived by Mr. Chang. Upon such event, we would lose two of our key executives and our connection with our current parent company, VIASPACE.
You guys/gals own VSPC shares right....NOT VGREF.....
There will be an aquisition....Chang aquires VSPC
No further details available at this time.....
GLT me......
The S-1 makes it clear....CASH ONLY
If our parent company VIASPACE cannot make the cash payment due to Chang, then the second closing will not occur, and Chang will greatly increase his ownership in our equity securities and have greater influence on shareholder actions.
Our parent company VIASPACE must pay Sung Chang $4.8 million plus interest (which as of September 30, 2009 was $355,000) at the Second Closing. At this time, VIASPACE does not have this cash available and would have to raise this capital in order to meet such commitment. If VIASPACE is ultimately unable to make this cash payment, then the Second Closing will not occur. Instead, VIASPACE will transfer all shares of our common stock it holds to Chang. This would cause Mr. Chang to have greater influence on shareholder decisions.
Did the SECOND CLOSING occur on 2/15?...
GLT me.....
Final negotiations?....will VSPC be in the GKG biz?
On October 13, 2009 the parties to the Purchase Agreement entered into the third Amendment to the Securities Purchase Agreement in which the parties agreed that in the event that the Second Closing fails to occur and VIASPACE’s closing conditions to the Second Closing have been satisfied by Chang, then (1) Chang and/or his designees shall retain our Shares, (2) VIASPACE shall transfer all shares of our common stock it holds to Chang, (3) 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 (4) if VGE’s common stock is not listed on a Trading Market as of the Second Closing Deadline, Chang shall also receive such number of shares of VIASPACE common stock so that Chang shall own a majority of the outstanding shares of VIASPACE common stock as of the date of issuance. 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.
Seems to me....there were some details to work out.....since the second closing didn't occur
Great post from Yahoo.....
Scam, scam and more scam 53 minutes ago I'm amazed at how long this company has been able to survive with one scam after another. The latest is this so called grass spin off. They milked everyone dry with the first company and now the milking is about to start again! Honestly would you buy replaceable cartridges when you can just recharge your battery, I don't think so. Now if they made AA or AAA then maybe. The sniffer may have a possibility but its gone so cold. Framed art!! is sure sign of a scam. All in all to many promises with no action or contracts just talk, talk, talk.
Sums the last few years of Carl's reign....pretty good
Drifting down?.....amazing
I'm watching the carpet go in as we....post
Got the CO called in for tomorrow......I can multi-task.....most brillant people can......
Packing up a little...might have the gig done by the weekend....
thx for your concern.....
btw....what theories?......everything I have said about VSPC has come true......tell me where I've been wrong....
I said VSPC was going to drop....it has
I said VSPC will drop further with NO pr......you did know they released a pr didn't you?
The pattern will continue tomorrow....WITH NO NEWS.....and depending on the news......could really tank.....
Enjoy the day while you can......
again...tell me where I'm wrong......
Unless VSPC releases news....you'll be in the HOLE Friday pm......with those millions shares....BIG d
I'm glad you guys think I have the power to move stock....I'm humbled by your confidence in me.....I don't want to squander it....
Glad I could be of help....it's very Big of you Big d....to acknowledge.....that you need me.....I just hope folks don't start thinking it was a scheme you and I cooked up....back in Vegas....
GLT some of you.....
You say on Yahoo you put me on ignore....yet today we are best buddies......if VSPC goes up...I'll be here...I won't deny you guys/gals the opp to rag me.....it's a once in a lifetime opp that very few ever have.....
You can't ignore the HORSE.....I'm just too charming.....imho....NOW
Can we get back to in depth DD on VSPC?....this is NOT the HORSE board...and besides...I don't feel comfortable talking about my brillance.....
Now Josh and I have been the only ones to put up or shut up about pps.....Today is a last gasp for VSPC...tomorrow the same pattern continues.....the drift down....I still say sub penny....by the end of the week....WITH NO NEWS......especially Friday
JOSH....do you still say .028 by the end of the week?.....you said the next pr would do that.....does today's PR count?.....
GLT most of you
T9F....you are welcome.....I knew BIG money was playing this thing today.....between you....the hedges that BIG d was posting about....$14k today....that's got to be some sort of record....
VUK said he's tranfering $50k into his account....come to think of it....that might be why there is yet another delay....VUK is getting ready to re-load....Chang says....not so fast...closing is backed up a few more days...VUK buys a ton......BAM....2 cents.....no wait....Josh said.....028
Talk about being a PLAYA....y'all it....
You should see me gloat....it's BEAUTIFUL....imho
Do you guys/gals think that maybe the pr was put out....to keep Josh from calling IR....between 9-4?......
I re-read that pr over about 10 times already....as I read between the LINE....it's obvious that a HUGE DP deal is in the works......
With almost $13k traded this morning....WALL ST has woke up to this GIANT....those HEDGES can be brutal....kill or be killed...
GLTA
WOW....$12k traded this morning....already
you guys are really loading the boat......BIG MONEY
I guess I didn't realize.....I'm out of my league here....LOL
Who said Ford built it?.....Do you not wish to post about VSPC and it's potential as a HUGE company?.....or do you not think there anything to post about?
I told you earlier I will get back with you on your carwash gig....need to check with my bride....she doesn't let just anyone touch MY CAR......
No let's focus on VSPC....and it's huge potential....
GLTA
IT IS STILL......ALIVE
Hang in there longs.....the hedges are moving in....
GLTA...even VUK.....lol
I have a truck...the wife has the JAGUAR.....
I know you'll be needing some money after today....are you hinting that you would wash it CHEAP?....
Let me get back to you on that.....and hey....I mean HAY....thx
When will VSPC release some news?....Oh yeah...bugle boy said when the have news to release....they will
GLTA
You make my point.....GLTA
see ya tomorrow.....in the 00's
Why should I refer to any post here?...I sold at .03...and I was right....you need to look at my brillant post...study them....learn from them....
You rookies ain't seen nothing yet....you are in for a bloodbath this week.....I will pick up your shares....and spit them out to the next suckers.....ready to take your place......been nice having you here....you'll be gone soon....or you will be to ashamed to post....seen you guys/gals before.....you are nothing new.....VSPC was a dream ticket for me....and a nightmare for you.....
GLTA
VSPC is so TRANSPARENT...easy to see through them....if you want to.....or if you don't
GLTA
What a tangled web we weave....when at first we try to deceive......been a whole lotta that going on.....Jan says it's a good buy at 2 cents.....no brainer....
Hope you guys are proud of yourself.....call people bashers....put them on IGNORE....and who was posting the TRUTH?.....
You should repay peeps like "justarookie"....she didn't know any better...you assured her....everything is OK....no worries....
GLT......the honest ones
Yeah you guys/gals are very savy investors....you were so smart that you held from .03......DOWN
VUK on the yahoo board posted yesterday....he knew that VSPC was going down......and he held his shares....genius
I've really learned a lot from you guys/gals.....
How do you know you have more experience than me?....and what do you mean....no one likes me?....you been drinking?....lol
GLTA
Well if you can't understand....go read post somewhere else....try VGREF....it's been a little slow....good luck to ya.....
The hedges are right up my alley....we will take ALL YO MONEY....pls jump in this week...then out...then in....the kids ...I mean the ponies need shoes.....you guys/gals are the best....
I can read the post now....it drops into the .00's......then jumps up to .015..."I think it's all up from here"....then you gents buy(my shares).....BAM....selloff....back down in the .00's....I buy your shares....BAM...back up to .015.....lather... rinse.... repeat
but don't think that's my motive...or agenda
GLTA
I didn't want anyone to think I was greedy....you know the word is that I am a paid basher of VSPC.....or that I work for the Chang gang....shoot I've even had job offers since I've been posting here.....most of all...made some great friends....
But I'm just a patient trader looking for an entry point on VSPC.....tomorrow should be interesting....
Will there be the BLOCKBUSTER deal with DP or someone else?....will Chang give Carl the boot?....will Jan throw more trumpets at Josh?.....
Or will nothing be said....after all VSPC is very transparent....you can see right through them.....can't wait....probably won't sleep tonight....I'm going to check the VGREF board and see if anyone has heard anything over there....
GLTA
Josh...is your target still .028 for this week?.........
I guess we will see the pr in the am to give it the boost.....hope it has a little drop first....then I'll buy a 100 shares....then sell at .028....thx man
GLTA
Called bugle boy...no answer....called VSPC....no answer.....Holiday or extra long vacation for some?....guess we will find out soon enough.....at least I didn't get a trumpet thrown at me
GLTA
Bugle Boy said they would release something when there was something to release.....hmmmmm.....2/16 in Changville(CHINA)
Of course he could be busy with that new DP deal....LOL...and just forgot to release the 2nd closing pr.....it happens
Oh well....remember there are two sides to CAPITALISM....winners and losers....
I say we give VSPC until midnight Pacific time tonight....I wouldn't want anyone jumping to conclusions.....pre_maturely
GLTA
Less than 12 hours until 2/16......I see some longs are posting about picking up some cheap shares tomorrow....do they not think the 2nd closing will occur today?....
Some are posting about new management taking over.....some act like it was just made up....my guess is they didn't read the S-1.....
Been doing some HEAVY DD....can't find anything about the closing.....going to check the VGREF board
GLTA
I wonder if the money owed to the 2 IPA employees will be an issue at closing....shouldn't be though...Chang owes IPA over a million $$$$....the 2 employees are owed $44k....unless Chang is deducting what is owed him....then VSPC would only owe $44k to the 2 employees....VSPC could come up with $44k, right?
Anyway....no worries.....GLTA
VGREF trading this week.....man has that board been buzzing....whew....
T9F....can't wait to see that DP pr today....how many trillions do you think it will be worth?.....or will they execute another CT order?.....keep it real hush hush.....hey..... I bet that's what's been taking so long....I'll check the SEC website....and the VGREF board....
GLTA
A nice day for a 2nd closing.....probably have a deal announced as well.....multi-billion $$$$$$ at that.......this is so exciting.....glta
Maybe you should watch.....Other People's Money......
Well....what will tomorrow bring?.....Does Chang go ahead and release a pr....letting the world know that Carl's services are no longer needed?....let the news get digested before Tues am....
or does bugle boy throw more trumpets(if they are open)at Josh?.....
OR DOES THE MIRACLE HAPPEN.....DP CLEANTECH SIGNS $50 BILLION DEAL WITH VSPC.....or it is more likely to read.....VSPC signs deal with DP.......The Biomass industry expected to be $2 Trillion by 2015.....DP is a WORLD leader in biomass.......Due to confidential agreements.....we have submitted a CT Order to have details kept confidential until 2013.....real hush hush
OAMOT......GLTA
No....I Googled.... VSPC closes deal.......that's all I could find....
I'm still looking....I'll check the VGREF board
glta
The hedges?.....I am a genius.....imho
finally some volatility......
I told y'all I was going to make some money off VSPC....
thx d
glta
VSPC closes deal?.......link
VIASPACE (VSPC) Sells Battery Analyzer Instrument to Top Research Group at University of South Carolina
Unique, Patent-Pending Technology to Aid Improvements in Performance and Safety of Rechargeable Lithium-Ion Batteries
IRVINE, Calif., July 28 /PRNewswire-FirstCall/ — VIASPACE, Inc. (OTC Bulletin Board: VSPC - News), a clean energy company providing products and technology for renewable and alternative energy, announced that it has completed the sale and delivered one of its BA-1000 Battery Electrode Health Analyzer products to University of South Carolina.
opps....wrong deal....I'll keep looking
GLTA
No...haven't made up my mind yet.....like I posted brillantly earlier...imho....it depends on what Chang says....but I will be following closely.....fear will drive my decision....your fears....not mine
GLTA
Am I what?.....buying at half a cent.....maybe....depends on what Chang says in the pr......and if he gives Carl the boot
We need to give them until 2/15.....they have a contract....who is stopping them?.....
As far as DP.....they couldn't even provide the needed biomass for a trial.....
Chang might keep Carl for one reason.....IF VSPC can get the land...they have a deal....Carl stays.....right now VSPC has 250 acres.....(PLS NO MATH FORMULA's.....I know....250 acres can lead to 2% of the earth).....but that's all the have....they have NO contract....that we know of.....
Remember Josh said bugle boy was going to release a pr about the NEW COMPLETED 20,000 sq ft processing plant...and tell us what was going on inside....or something like that....NO NEWS....I know....it's only 2/14....
VSPC longs....get a grip....I am not saying you should give up on VSPC...GKG...DMFCC....IONFINITY.....I'm saying that it ain't working out like you guys hoped it would.....
Carl leaving could be the best thing for VSPC.....remember he feels that conflict of interest is an OK business practice....and that is in the best interest of SH's....you guys were OK with that......are you really suprised?.....really?
You had illusions of GRANDEUR....and were blinded....VSPC best days may lie ahead.....and there may be a DP deal....when VSPC has the land to provide the need.....NOT BEFORE....imho
GLTA