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sucker....glta....
EOD....009?....GLTA
When you can buy half pennies......under new management
GLTA
So have we....we have build quite a few Panda Express.....my gig in The Villages, Fl is a strip mall they own....
As for Chang taking over....it's not a bash.....Carl put everything on the line for IPA/VGREF/GKG....to date....we don't even know when the second closing is going to take place or IF it will take place......NOT saying it won't.....but WTFreak?
The S-1 contains amendments.....TO REPLACE THE TOP 2 GUYS AT VSPC......if the 2nd closing didn't occur....
Carl was trying to put a deal together.....it doesn't look like he has......it's just business.....time to move on....
Chang taking over....could be a good thing....it's not the end of VSPC....VGREF....GKG....IONFINITY....DMFCC.....it will just be under New Management.....in the LONG run....might be the best for you guys/gals.....we will see
We still have a few days left....Carl ain't done yet.....
GLTA
Might buy some by end of FEB......gotta hear what the NEW CEO(?)has for a plan.....should be interesting in the coming days.....good night....and GLT most of you.....
Sung Hsien Chang CEO and President of VSPC and VGREF.....talk about multi-tasking......from the S-1....
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.
How long has Carl been trying to put a deal together?....time for new management.....bugle boy has got to go too.....
As far as VGREF is concerned.....from the S-1.....reality check
There may not be an active, liquid trading market for our ordinary shares.
Prior to this offering, there was no public market for our ordinary shares. An active trading market for our ordinary shares may not develop or be sustained following this offering. You may not be able to sell your shares at the market price, if at all, if trading in our ordinary shares is not active. The initial public offering price was determined by unilaterally by the Company. The initial public offering price may not be indicative of prices that will prevail in the trading market.
You may think I'm bashing.....but this might be the best thing for VSPC....a new team might be just what the doctor order....
Some of you longs have been saying....I'm holding until the end of 2011....Chang could get a lot accomplished in 2 years....Carl has had his shot....jmho.....
Not much longer.....
Negotiations have been going on for a month....what makes them so sure they will get done NOW?.....
Did the PAPERWORK got done?.....
If there is NO second closing....which is looking more likely with each passing moment.....are you still going to communicate with bugle boy?
Lastly....do you really think people believe you are ignoring me?......
GLT....most of you.....
Well you patient longs have been posting this for months....it's really humorous......someone posted yesterday..... more buys than sells.....why is it going down?.....must be MM's.....too funny
Your bid/ask theory doesn't hold up either....check the record....
Let me know if I can help with anything else....
GLTA
430k buys and 2.3 millions sells?.....T9F....for every buy.....there is a sell.....
trading
Definition 1
Buying and selling securities or commodities on a short-term basis, hoping to make quick profits.
Definition 2
More generally, any buying and selling of securities, commodities, goods, or services.
This might help......
Exchange floor
Trading on the floor of the New York Stock Exchange (the NYSE) is the image most people have thanks to television and the movies of how the market works. When the market is open, you see hundreds of people rushing about shouting and gesturing to one another, talking on phones, watching monitors, and entering data into terminals. It could not look any more chaotic.
Yet, at the end of the day, the markets workout all the trades and get ready for the next day. Here is a step-by-step walk through the execution of a simple trade on the NYSE.
1.You tell your broker to buy 100 shares of Acme Kumquats at market.
2.Your broker’s order department sends the order to their floor clerk on the exchange.
3.The floor clerk alerts one of the firm’s floor traders who finds another floor trader willing to sell 100 shares of Acme Kumquats. This is easier than is sounds, because the floor trader knows which floor traders make markets in particular stocks.
4.The two agree on a price and complete the deal. The notification process goes back up the line and your broker calls you back with the final price. The process may take a few minutes or longer depending on the stock and the market. A few days later, you will receive the confirmation notice in the mail.
Of course, this example was a simple trade, complex trades and large blocks of stocks involve considerable more detail.
Let me know if I can help you guys/gals out anymore.....
GLTA
Jan wouldn't say it's alive.....he would say.....it's dead...and I can communicate with it.....he's a man of great character....imho
Josh...did Jan give a date for closing?
Josh....I don't think you are lying.....
Now is Dr. Jan lying?.....let's see....he sees trumpets flying....he talks to dead people.....he has a book with fake pics....no....I believe both of you......paperwork?...
Sure hope they get it finish by Monday.....wouldn't want to see another extension......
Isn't it curious Jan didn't say....yeah George the paperwork is taking a little longer than we thought.....but we are set to close on.......and give a date........
OK...... how many days until the 15th?.....
Now why does VSPC not know when the 2nd closing is?.....and are they going to announce?....will it happen?....is that why we haven't heard?.....who knows?
Let's say you buy a house for 50k....or even 500k.....everyone knows when the freakin' closing is.....
They owe Chang about 5.5 million....wt.....freak?
Oh....they are still negotiating.....my bad.....GLTA
I wouldn't say your are picky....you just have HIGH standards.....
It's a wise investor like yourself that judges where a stock is going by concensus on a message board.....SAVY.....imho
glta
Maybe????.....we shall see....the point is a buy back at these levels are cheap.....GLTA
Great point....Josh is calling for...028 by the end of next week......he said we could bank on it....or something like it.....
and that a pr would be the reason for the rise in price....no worries (play)mates....
GLTA
Who would be the first to know?.......SGCP...
Excellent point....at these prices 1 billion shares is not a lot of money....with an 8 figure deal.....can you say buy back?.....
GLTA.....
I think the market is driving down the pps......as long as VSPC is being TRANSPARENT......and releasing NO NEWS.....it will continue to go down.....
NO second closing.......look out below.....sub penny for sure.....
not saying it won't happen......we will see soon....
GLTA
No problem....from the S-1.....
Following various amendments to the Purchase Agreement, the deadline for the second closing in which the remaining minority interest of 30% of IPA BVI equity holdings would be transferred to us is January 15, 2010 ("Second Closing") unless otherwise extended to February 15, 2010 . At the Second Closing, VIASPACE shall pay $4.8 million ("Cash Consideration") plus Interest (as determined below) since the First Closing, in cash to Chang. Interest on the Cash Consideration shall accrue at 6% for the first six months after the First Closing, and then 18% until June 10, 2009, and then at an annual rate of 6% thereafter. As of September 30, 2009, the entire amount of Cash Consideration due from VIASPACE to Chang was $5.155 million. VIASPACE shall also issue 1.8% of its then outstanding shares of common stock to Licensor. We have complete control of the assets of IPA BVI through our majority ownership position and there is no restriction on the Company’s ability to transfer or capitalize on such assets at any time, including prior to the cash payment due Mr. Chang from VIASPACE.
Under the terms of the Purchase Agreement, as amended, if we do not complete the second closing of the acquisition of IPA BVI (and indirectly IPA China), and if the parties do not make other arrangements, then VIASPACE and Messrs. Kukkonen and Muzi are prohibited from engaging in the grass growing business. No such non-competition clause exists if the second closing is consummated. There are disincentives for VIASPACE to compete against us. VIASPACE will hold a significant amount of our common stock and they will have helped us raise $4.8 million in order to consummate the second closing. VIASPACE also does not have a grass license relationship with China Gate or the original licensor. However, there can be no assurance that VIASPACE will not compete against us in the future. If VIASPACE were to compete against us in the grass business, it could have a material adverse effect on our revenues. It could force us to expend more resources in marketing efforts, thereby affecting our earnings.
The conditions to Chang’s and Licensor’s obligation to consummate the second closing included: (1) representations and warranties of VIASPACE and us remained true at closing; (2) VIASPACE and we complied with the material covenants under the agreement; (3) books and records of VIASPACE were delivered or made available to Chang and his counsel; (4) any necessary third party consents shall have been obtained; and (5) VIASPACE shall be prepared to deliver $4.8 million in cash to Chang. To our knowledge, all of these criteria, other than the cash payment, have been prepared or may be delivered shortly. Management is uncertain when it will be able to raise the cash payment amount.
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.
Under the terms of the Purchase Agreement, as amended, if we do not complete the second closing of the acquisition of IPA BVI (and indirectly IPA China), and if the parties do not make other arrangements, then Mr. Kukkonen and Mr. Muzi, our CEO and CFO may be terminated from our Company as officers and directors. We cannot assure you that we would find suitable replacements.
I could add more....but Carl getting the boot....is an amendment to the original agreement.....WHY?....
My best guess....he hasn't deliver as he promised.....late last summer Chang got tired of the BS from Carl.....
The best way to save VSPC from dilution....Chang steps in....Carl steps out.....this could be a good thing for VSPC.....I'll be watching.....I just can't resist.....a buying opp may come right after a HUGE selloff......
Now if Carl stays....I say that Chang does a 8-10% loan....VSPC has NO MONEY.....Christmas is over....the bills are due.....Chang wants his money.....he might settled for 2 public companies..Carl may just be another mouth to feed...imho
GLTA
Yes we all make choices....you are saying you like VSPC next year.....I will keep watching....my gut tells me...you are probably right for next year....
My strategy....wait....no news and this thing drops.....BIG TIME.....maybe .005 or lower.....
If it hits .005.....your PHONE BILL picks up 3x's the shares.....my point....too early to buy.....good luck with your investment....
I'm really starting to think Chang is about to step up....and Carl is about to step out.....jmo.....we shall see
Good for you....keep holding.....no worries mate....DILUTION is good.....
GLTA
VSPC is the most TRANSPARENT company on EARTH......
You can see right through them......can you say timber?....news better come.....not an UPDATE.....or watch out below.....imho
GLTA
OK guys/gals....cheer up....which deal are they going to announce(if they announce one)?.....If I was a betting man or woman.....my money is on the Tanzania deal....not DP
2nd closing......Chang loans the money at 8-10%...jmo
Y'all need to quit acting like it's over....was it over when the German's bombed Pearl Harbor?
GLTA
Another 20 percent rise....Viva Viagra.....CC contracts coming.....
Right on Right on Right on......
I was joking man...I'm with ya....nice move today....hope the 20 million dollar man/babe? knew something....see ya at a nickel soon.....GLTA...well most of you anyway....
Is that possible...with 2 Billion A/S?.....lol
CC contract coming....GLTA
Not sure what you mean?.....pls explain....thx
Can't find 15c-211
Rule 15c3-1
An SEC rule requiring broker/dealers maintain sufficient liquid assets to satisfy their capital requirements.
GLTA
Stock Alert....VSPC short term target....028
Please purchase stock responsibly......do your own DD
VSPC short term buy....028 target....says JOSH
link available upon request....
This is not intended to be a recommendation to buy VSPC. Please do your own research of Viaspace.
market maker
Definition
A brokerage or bank that maintains a firm bid and ask price in a given security by standing ready, willing, and able to buy or sell at publicly quoted prices (called making a market). These firms display bid and offer prices for specific numbers of specific securities, and if these prices are met, they will immediately buy for or sell from their own accounts. Market makers are very important for maintaining liquidity and efficiency for the particular securities that they make markets in. At most firms, there is a strict separation of the market-making side and the brokerage side, since otherwise there might be an incentive for brokers to recommend securities simply because the firm makes a market in that security.
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Related terms
specialist - A stock exchange member who makes a market for certain exchange-traded securities, maintaining an inventory of those securities
This might help.....
GLTA
Maybe that's the deal they have been working on....and it's finally getting approval....Jan is right....it does not say they have planted.....from the pr....
Located south of the equator in Africa, Tanzania's climate is ideal for growing Giant King Grass, with plentiful rainfall and additional water available for irrigation. According to project plans, up to 3,000 acres will be planted with Giant King Grass, as well as sandalwood. While the grass will be used initially as feed for up to 5,000 head of cattle and sheep, the project group is examining the potential to use the grass as a dedicated energy crop to power an electrical generation plant.
I have said it before, and I'll say it again.....VSPC needs to look at carbon credits.....GKG is ideal in the sense that it gives locals jobs....would create an economy in a poor undeveloped area.....and that's a way to get upfront MONEY....
Remember.....carbon credits are like a pre-payment for SIN....BIG corps are made to feel guilty by ECO-RADS.....pay up BIG COMPANY....and the money is then re-distrubuted to the poor....it's all FEEL GOOD....just a thought.....and a brillant one at that....imho
GLTA
T9F....what I am talking about is the PRIVATE deal you are suggesting that Chang may have selling shares of VGREF.....
My point has been that VGREF will not begin trading without NEWS....imho
That has nothing to do with the second closing......
MM's are the same as Stock Specialist on the NYSE.....the are in essence daytraders.....and the best there is....a good traders watches what the specialist is doing.....not the market....ie when peeps are selling....he is buying.....when peeps are buying....he is selling.....
VGREF is making a PUBLIC offering......with the 900,000 shares....a private deal would be a private deal....with Chang's other shares.....
MY ULTIMATE point is that VGREF is not going to trade at $3.00 just because they have all approvals and can begin trading.....it will take NEWS....HUGE NEWS....for it to trade at $3.00.....a MM might be willing to pay two fitty if he thought it might trade at $3......but maybe I'm misunderstanding some of you guys/gals....you seem to suggest that all it will take is to start trading.....and $3.00 it is.....
IF DP did a $10 million deal....I'm not sure VGREF would trade over fitty cents.....now $10 million a year for 10-20 years.....yeah....you got $3.00.....if DP put in some investment into the GKG structure to insure sucess....maybe more
GLTA.....seriously.....I know you moe flows want to slap me up side the head....if it works out for you...and even if it don't...
We shall see soon.....I'll be here....be gentle
T9F....I agree....lots of HORSE trading behind the scenes...
As far as Chang selling VGREF shares to a private investor....what in the Wide Wide World of Sports are you talking about?
VGREF has been approved to sell about 900,000 shares in an IPO.....Chang and VSPC have tons more shares that they could sell to private investors.....but the IPO is PUBLIC(those 900k shares)....the idea is to not only get some $$$$$$....but show VALUE
MM's aren't going to buy shares for $3.00 if they ain't worth $3.50......I know you guys/gals aren't crazy about Daytraders.....but MM's....on the NYSE they are called Specialist.....these guys are the best daytraders on earth.....
You are right Tommy.....The Dot Coms are a thing of the past.....and MM's bought up shares because they knew they could sell them back for a higher price....immediately
$3.00 a share was the HIGHEST price according to the filing....that's a tall order to open and trade higher for VGREF......unless they have a 10 year deal with DP....or someone like it.....with lots of 000,000,000's....
They may...we shall see.....my guess is the HORSE trading going on is about the second closing.....IF Carl remains....my money is on what Rod(my)man posted....an 8% loan with Chang or something like that....If Carl gets the boot....it's because they have no deals in the immediate future....and VGREF will not be trading anytime soon.....unless Chang is extremely Hard Up for cash......remember....they still have until Monday evening to close the deal.....no time limit on VGREF trading.....even though the VGREF IHUB board is going CRAZY.....this MOD thing is tuff
GLTA
I think that's the wrong question?....The right question is....what DEAL does VGREF have?
Why would VGREF begin tradling without a deal?....
An IPO is generally based on something of value...with NO deal VGREF would be worth no more than VSPC....and even less if you throw in the fact VSPC owns IPA, IONFINITY, and DMFCC.....or at least percentages of them....
Also....Josh is talking about the 2nd closing I believe...not VGREF trading....
But....at least something is about to happen.....
GLTA
It ain't looking good....yet....
Will this thing ever trade?
You got 17 minutes...9-4 Pacific time....
GLTA
Chang wants a DEAL...not a closing....he wants VGREF trading a $3.00 a share....He wanted his nearly 900,000 shares for his family to be worth $20 plus million....the second closing was to provide the another $5 million....what are we looking at?.....another 300 million shares of VSPC at today's price to pay the man for IPA.....and without a deal....VSPC will go lower.....AND Chang would be a fool to begin trading VGREF right now....even with all approvals...
Now Josh.... you and Rod(my)man said that Dr. Jan told you DP wanted to keep GKG under the radar....real hush hush.....they were afraid that the demand for GKG would go up....but that you two felt like a deal was forthcoming with DP.....who needs a stinking live trial?.....
You had other posters who are long saying that....the heck with keeping GKG hush hush....if the demand goes up.....VSPC should benefit....not DP.....
You also said that a pr would be out this week or next and the pps would go to at least .028.....longs want results....and so does Chang.....Carl better deliver....or there will be a chang(ing) of the guard......which could be a good thing.....remember....the getting rid of managment amendments.....were added....after the first extension....
Chang wants his payday....and so do some longs...peeps want results in this fast food lifestyle of today.....you can only kick the can down the road for so long......it gets old after a while.....
GLTA
T9F....who posted anything about Chang selling his shares?.....the 2nd closing has nothing to do with VGREF trading.....
Now I know you have posted before that VSPC could sell some of their VGREF shares and pay Chang.....but the offering that has been announced is for the Chang gang to raise money.....not VSPC.....now if VGREF begins trading and a HUGE contract is announced....and VGREF is doing the $3 thing like you guys hope.....then VSPC could sell some shares....I guess(?)...but that needs to be before next Monday right.....unless we see another extension???????
T9.....I'm just having fun with you bagholders....oopps I mean shareholders.....
Lord knows how this soap opera is going to play out.....we might not see a pr at all.....VSPC just closes the deal.....because of dilution....VSPC might not want to say anything....
VGREF begins trading....and we will see a pr....imho
GLTA