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Yes, sorry. 8 billion. Typo.
8-K filed...bonus time!!!
Look at all of this. They give out stock options like candy. What did they do to deserve all of these?
https://www.sec.gov/Archives/edgar/data/1270200/000156459018019905/vspc-8k_20180730.htm
On July 30, 2018, the Registrant agreed to issue Ms. Angelina Galiteva, Director of the Registrant, 10,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Haris Basit, Director of the Registrant, 500,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Dr. Kevin Schewe, Chairman and CEO of the Registrant, 350,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Dr. Carl Kukkonen, Director and CTO of the Registrant, 150,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. John Carroll, Independent Consultant of the Registrant, 100,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Jan Vandersande, Independent Consultant of the Registrant, 10,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Nick Stoll, Independent Consultant of the Registrant, 100,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Ms. Jaclyn Dougherty, Independent Consultant of the Registrant, 10,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Levi Duran Bermudez, Independent Consultant of the Registrant, 75,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
On July 30, 2018, the Registrant agreed to issue Mr. Jeff LaBerge, Independent Consultant of the Registrant, 100,000,000 non-qualified stock options out of its existing stock option plan. The stock options will vest quarterly over one year with the vesting period starting July 30, 2018. The stock options were issued at $0.0008 per share.
I just returned from Tennessee.
I see I didn't miss much? That's a surprise.
7 billion shares and nothing to show for it except for Carl's new car, his vacation home in Nicaragua, numerous world vacations and his oceanside home in California.
What a complete fraud.
Don't sweat it.
Just like in "The Matrix" - Trinity? The Trinity? That cracked the IRS d-base? Jesus. What? I thought you were a guy.
Most guys do.
Sheeple describes the shareholders here so well, I don't mind anyone else using the term.
They got it alright - the ability to tell people what they want to hear.
No, they haven't. But as far as the shareholders (sheeple) are concerned, Carl, Kevin & Haris walk on water!
Nice close today. Glad to see it in the GREEN!
High volume also.
No, I am quite "in the loop".
Thanks for the concern.
That was put to rest at the town hall meeting.
Buffett was quoted by Mark as saying "No, thank you. Not interested."
Carl! Carl! Carl!
Come on Carl, give us some fake news! We're dying for some fake news!
Tell us about some fake contract with some fake farmer who is going to grow fake GKW! Giant King Weed!
TDAmeritrade said .48 about 2-3 seconds before market close.
Still says .48
Hear hear!
One of the best posts that I have seen in a long time.
Since Carl fled Nicaragua due to the protests and related violence, he now has time to come up with new fake news about the "company" and their aspirations to become fake marijuana kingpins.
They'll tell any story to sell more shares!
It's simply crazy. Four billion more shares will equal roughly 2.8 million dollars, based on today's price.
Also, with more shares available, watch the share price SPIKE down. But, hey. Carl has his vacation home and monthly Schewe stipend, Schewe is sitting on a profit from 80% discount shares. Haris has his 100 million free stock options (100% free profit).
What do the REAL shareholders have? LOSSES.
See how this works? The insiders make the money, the SHEEPLE get left with lies & losses.
New 8-K out this morning!
Schewe gives Carl $15,000 in exchange for 94,398,993 shares at a price of $0.0001194 per share.
They also raised the number of shares they are authorized to issue from 3,910,000,000 to 8,010,000,000 shares.
This is just too funny. What a complete scam.
https://ih.advfn.com/p.php?pid=nmona&article=77673350
Yes, he did buy a lot of stock - at an 80% discount to the share price you and I have to buy at (which I won't buy any, my 25,000 shares have lost enough).
Schewe will make money regardless...don't worry about that.
So which is it? On 5/25/2018, you wrote:
Sorry, Tanne.
Schewe's share purchases will benefit only Schewe & Carl. The sheeple will continue to get fleeced.
Management ran out of stories to tell with GKG, which is why they are thinking of changing to hemp/cannabis. No amount of time will save the REAL shareholders.
That was me. Carl & Kevin definitely love your money, Hystart!
Carl & Kevin love my money, they love Joshgets money, they love rodman's money, they love all the REAL shareholders money!
It's easy to not perform, when the shareholders don't get to vote. While Schewe owns the only share that actually matters (50.1% voting, regardless of common share ownership) they can fail as much as they want without repercussions! That must be nice!
Based on the new $100,000 discount share purchase agreement, they will have to raise the authorized share count. There aren't enough shares currently available to cover the $100,000 DSPA. So sometime this year they will surprise us with a bump up to...????
Any guesses what they will raise the authorized share limit to?
I'll guess 6,500,000,000. That's six billion, five hundred million - and they still won't have squat to show for it once they reach the new limit.
New 8-K out (New Schewe "loan" agreement")
Schewe will "loan" aka buy $100,000 of 80% discounted shares over a two year period.
Schewe "loaned" $7,000 to the "company" in exchange for 58,626,466 shares.
https://www.sec.gov/Archives/edgar/data/1270200/000156459018014570/vspc-8k_20180524.htm
I agree. The next thing I expect the "company" to do is raise the authorized share count so they can fire up the printing presses and start issuing more shares to cover "expenses" with this new "venture" into hemp/oil.
Also expecting a lot of news with fake LLC's who will "watch it grow".
Basically just changing the story from GKG to hemp. A lot of new MOU's, but nothing will ever come of them, other than Carl, Kevin & Haris getting heavily discounted shares and cash, while the REAL shareholder will be left holding an empty bag.
Two unnamed companies they signed MOU's with. Wonder why they don't name them?
As for expanding into cannabis & hemp, check out Jeff LaBerge, their new partner. He was brought before the SEC in 2017 on charges he mislead investors in another company. Seems like a perfect fit for VSPC!
https://www.sec.gov/litigation/admin/2017/34-81173-s.pdf
10-Q is out. Here are the highlights:
Company has NO cash.
Value of Almaden energy dropped to 3,000.
Value of Energia Reino Verde (ERV/Nicaragua) is zero.
They apparently took an ownership stake in CES Pacific which is valued at zero. Which is odd, since CES says they have billions in projects...???
"Loan" agreements have been fulfilled, no new agreements mentioned.
VSPC is a big, fat ZERO.
"Three superalloy metals – niobium, scandium and titanium – are expected to be produced by the facility as early as 2021."
...as early as 2021.
At least now we know of a timeline. Good news today!
Ha! Yeah, like maybe VSPC is going to buy Berkshire Hathaway from Buffet! That would only take about 900 trillion shares of VSPC. I probably shouldn't give them ideas. lol
Non-disclosure agreements (NDA) are part of Carl's business plan. Don't tell anybody anything because GKG is TOP SECRET!!!
10-Q NT
They are just too busy to get their filings in on time. 5 days til due.
Any sightings of Carl & Kevin lately? They seem to have vanished like sasquatch. No news, no anything.
10-Q should be out this week sometime. My yard is organically growing faster than VSPC!
That sucks, PI. A lot of folks are in the same situation. Carl changed from a promising scientist to nothing more than a common scammer.
Only one thing to say...
Carl, Kevin & Haris love your money!
A new 8-K is out.
https://www.sec.gov/Archives/edgar/data/1270200/000156459018008358/vspc-8k_20180413.htm
Haris gives Carl $14,525 in exchange for 44,692,308 shares.
Haris has now fulfilled his $100,000 "agreement"
Kevin gives Carl $5,000 in exchange for 15,384,615 shares.
Kevin has now fulfilled his $100,000 "agreement"
There are no more "loan" agreements in place.
Wonder what's next?
Heavy volume today. Anticipation of the 10-k?
I'm surprised they haven't come up with some kind of fluff. I figured some attempt at a PR about something would happen:
"VIASPACE announces that CTO Carl Kukkonen got out of bed today at noon."
"VIASPACE announces that CTO Carl Kukkonen watched the Price is Right from his hammock in Nicaragua today."
Ya know....something.
10-K should be out by end of day Tuesday, if not before.
Any other shareholders following MDWT here?
Saw that after I replied. My bad.
Actually, as of February 9, 2018, the registrant had 208,861,265 Common Shares outstanding.
Add the 31,744,959 from the S-3, and the shares outstanding is up to 240,606,227.
They also have no limit on the amount of shares they can issue, which is a bit interesting. I've not encountered a company with an unlimited amount of shares they could issue. I'm not suggesting anything, it's just interesting.
Thanks. Hopefully they won't be flooding the market trying to sell the shares. That would kill an already depressed share price.
NIOBF management registered 31,000,000+ shares according to last nights filing - https://ih.advfn.com/p.php?pid=nmona&article=77147858
Ha! ...and Elvis isn't dead.
Only thing I can guess is that since they issued one PR per quarter last year, they are only going to release two this year. Just a guess. Been six months since the "organic growth" PR debacle.
That is the $800,000 (or $55,000,000) question, for sure.
I've asked this of the worthless investor relations ("Dr." Vandersande) and I never get a response.
Former CFO Stephen Muzi dumped all of his shares.
It matters what Chang does because Chang got all of his shares for FREE. Look in the previous years' 10-K's. Chang held almost 500,000,000 shares between his "foundation/trust" and his personal shares. Now he owns 214,000,000 shares.
Nicaragua (ERV) is valued at ZERO. Big surprise.
Almaden Energy is doing NOTHING. Big surprise.
The "company" had "revenues" of $116,000 in 2017.
The "company" spent $807,000 in 2017.
The "company" issued 505,892,411 shares (discounted by 80% to insiders) in 2017. I suppose you would consider this a success?
What do they have to show for it? Answer: NOTHING, except for cash in their pockets.
I would not be surprised if Carl retires as a failure (he's a failure anyway) within the next few months.
Doing some due diligence, I went to the California Secretary of State website and did a business search. VIASPACE Inc is no longer licensed to conduct business in California. Their business license has been forfeited.
But, Haris filed a business license under the name of VIASPACE California Inc.
Could a change in business be coming soon? Reverse split? Will Carl go into "retirement" after fleecing the REAL shareholders of $55 million dollars in order to travel the world and buy himself a vacation home in Nicaragua, using shareholder money, all while telling tall tales of phantom green energy projects?
The VIASPACE California Inc. business address is 6986 Queenswood Way, San Jose, CA. The dumpy house is owned by Haris Basit. The same address of Almaden Energy, the empty company that was supposed to develop GKG as an animal feed.
Time will tell.