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The 25 acres test plot also speaks for itself in my view, because Ruba was only 5 if I remember correctly. So why on earth would they plant 25 acres, UNLESS it is going to serve as the nursery and provide the seedlings to THE LARGER project, once it is fully grown. If they wanted to test it, they could have just planted a small 5 acre plot like Ruba did. Why put in the effort for 25?!
This is an indicator that the deal IS SOLID, and although is only an MOU but with an almost guaranteed full blown contract to follow. And knowing Indonesia's climate, it is a no-brainer-fit for GKG.
So don't fall for those who try to scare you out of your shares, or beat down this HUGE NEWS just to keep the price down while they're loading up, or more shrewdly, make you waiver and sell your shares so they can gobble them up cheap. EVERYBODY knows, at least on this board, whether admits it or not, that this latest development along with all the others is leading to huge rises in the pps in the forseeable future. It is only a matter of time IN MY VIEW (and strongly believe that most people's here, again, admittingly or not) that this company will see huge breakthroughs and deals, and recognition. Think about it? Who would be here if it wouldn't?!
markt, I couldn't agree more with this one sentence you wrote:
"Another rocket launching concept is that now they have "dropped the name" of Provident Agro- no smaller companies can try to low ball negotiate with them and they can say, "well, you can be left in the dust why the big companies that are using GKG run you under!!""
I too think this sets the precedent for future MOU and companies approaching Viaspace. These breakthroughs are what take a long time, and yes, Dr. K's trusted name and work to get a deal like this with huge companies such as Provident Agro. After these breakthroughs, the snowball effect will be much quicker and more established.
Thanks for your DD. It is refreshing to see real DD posted, instead of sensless tear-down and arguing all under the umbrella of "trying to bring balance" or "trying to keep it real". There is a difference between posting a more cautious approach or day in and day out attacking management, criticizing, tearing down and rippind every piece of news to shreds regardless of what it is. That is not contribution to this board. That is a shameful, pitiful attempt to attack the company and everyone who believes in it, even in hopes that somehow management reads this board and they will "get their act together" or something. So ridiculuous, and I am ashamed of such posts, especially for the sake of newcomers.
So, again, keep the REAL, good DD coming.
MOU contract deal comes out for Viaspace with a huge company = Good News = Positive thing = Shareholders Happy!
Or is it just me and it's not that simple?!
Well said rookie.
Couldn't agree more. Advertising, and promoting (paid or unpaid)something that is good is not a new concept, so I don't see a problem with it.
I am thinking the same thing josh. I still stand by my speculation I had last week (I think) that we waited this long not merely because we couldn't sell the grass, to find customers, partners etc etc, but also because of a possible partner, JV partner, or third party's financing availability or something along those lines. They might be waiting to get funding, approval of some kind etc. I said that before and I say that now.
This thing is going to take off, mark my words, I've said it over and over. Also said the only thing is WHEN, not IF. And the "WHEN" maybe answered sooner than we think. I really think we are nearing a deal. All I can say is, God willing, we all going to make a huge bundle on this, if we hang in there. And you can take that to the bank as well!
it sure looks that way bigtoe
It sure does. I couldn't agree more olefoggie.
Last sentence in my previous post sh/read "now we might NOT wait much longer....". Typo, sorry.
Well said olefoggie. I too think alternative energy (and focus on biomass included) will help us break that dependency on foreign oil. At least for the most part. GKG, when it hits, it will be easily on top of the list for most favored biomass products, because of its obvious, many times reiterated, well-tested characteristics. It is a matter of time before it is recognized and widely used. When it is, we will be sitting on top of the list as one of the recognized and trusted names. It is bound for us to get a contract, we've come a long way and the setting is perfect. We waited a couple years to get here, now we might wait much longer before all the waiting will pay off hugely.
I watched that video about VSPC charts, and indeed it does look like it might have hit bottom, and will have a rebound soon. At least that's what the charts were showing. If on top of that we get news of a contract or two, then it will blow the indicators out of the water.
Either way, we are way under way for something good to happen, and no it will not take an additional 5 years, or even years possibly.
Email from Jan to bigtrader from Yahoo. See below.
See what Jan said below:
-------------
From: vandersande@viaspace.com
To:
Subject:
Date: Sun, 9 Jan 2011 10:46:10 -0800
No, he cannot take over the company from shareholders, he might get some more shares. He wants VSPC and VGREF to succeed.
From:
Sent: Friday, January 07, 2011 5:07 PM
To: vandersande@viaspace.com
Subject:
I know Chang is the biggest shareholder, but Chang is also the biggest creditor to VSPC.
In case of VSPC default, creditors can take over the company from shareholders. Chang probably doesn't care if his VSPC shares become worthless because when creditors take over, he will still own VSPC as a creditor.
Isn't that the case?
From: vandersande@viaspace.com
To:
Subject:
Date: Fri, 7 Jan 2011 15:23:56 -0800
Mr. Chang is the biggest shareholder of Viaspace so he wants it to go up!!!! VSPC owns 75% of VGREF which has revenues (art business) and the GKG, so VSPC will not go under. We just need some deal soon and hopefully we will have them.
From:
Sent: Thursday, January 06, 2011 4:00 PM
To: vandersande@viaspace.com
Subject:
It looks like sell-off continues even after tax selling is over.
What would happen if Viaspace fail to pay due to Chang in May 2011?
Will Chang take over and VSPC shares become worthless? Rating :
(No ratings)Rate it:
Watch real closely Tommy:
"The only one who is bitter is you as your post telling me to sell an leave" - seriously? LOL maybe reread my posts LOL
"Tell us how the things I have pointed out that indicate he may not be doing the right thing are wrong as I welcome that and so should you, a chance to defend your beliefs."
"...explain to me how the bonus system we saw recently filed..."
Do you hear yourself? You sound like a prosecutor bringing the charge against shareholders to "explain" things to you. What??? LOL That is just weird.
AS I stated, no one owes you an explanation of ANYTHING on this board for the reasons why THEY OR YOU should be invested in VSPC. Period.
I stand by what I said in all these previous posts, and since it is going nowhere, this is the last post regarding all of this non-sense.
I still wish you the best with everything!
Thanks for sharing the email Royalpaint!
Thanks. I agree Josh.
not hardly, you are expecting people to "explain" to you, give you a good reason why you should be invested in VSPC. Please Tommy. You didn't mean that seriously, did you? LOL
Nice jab with the "church" thing, when all else fails, stoop to attacks. LOL That's just desperate.
I forgot anyone who is positive or still trusts in their investments, in your eyes they're "pumpers". You were right, this is the OTC, and this IS THE VSPC SHAREHOLDERS' board, those who are invested in it and call me crazy, but probably because they want to see a nice return on it. (so, does that define them as pumpers, hmmm, maybe in your dictionary)
You know what's worse than making a bad decision Tommy? Sticking with it and getting bitter about it. LOL
it was an idea, since you asked for ideas.
So if you are really this concerned, we are back to what I asked you about a week ago (if you remember): why are you still here? why haven't you sold and left? Because in my mind if someone sees trouble up ahead and conspiracy, and even borderline fraud, yet doesn't sell his/her shares and leave, well, that would be....let me find a softer, non-offensive word...imprudent! Wouldn't it? You reasoned yourself into believing that there is no future for VSPC, that management is trying to milk this and fold it, and we will be left without anything, so again, at the risk or redundancym why stay Tommy? Why not throw in the towel, sell you shares and bail?
I am not asking you to, just trying to understand, that's all.
again, I see what you're saying but don't think that's the case
what can I say tommy...they're out to get us
I see what you're trying to say, but don't think that's the case, respectfully.
I hesitated to reply because I thought you only wanted pumpers to respond, and I am not one of them.
My simple answer: Borrowing/Loans? OR the new JV partner will pitch in?
Just theories.
What I meant to Rodman is that him and I are both on the same page, I am saying the same thing in essence, that they don't just want to milk VSPC and jump ship but they want it to succeed. So, no confusion there.
As far as IR goes, whatever you hear through IR is what Dr. J is allowed to say. If that is not enough, well, it's the way it is. Asking those questions wouldn't produce any plausable results, because 1. he can't tell us, 2. he doesn't know.
It's pretty simple in my view, we either succeed with GKG or it will be a bust. I think we will succeed. I see no conspiracy theory of anything else.
Well, this is what you wrote, so how did you mean it?
"Remember No payment to Chang then Chang gets it all DMFCC, IPA and Ionfinity + Carl and Gang move over as well, it's in the S-l no conflict of interest." (#15691??)
Also, if they do away with VSPC and there are no deals for GKG then, again, what would they accomplish even being in VGREF? Would still be worthless.
you guys? I was saying pretty much what you're saying, in reply to tommy's post.
Tommy, the only flaw I see in your reasoning is IF they indeed intend to just milk VSPC for whatever they can, which will make VGREF worthless, and then they move over to DMFCC, Ionfinity and IPA, THEN what have they accomplished? It's not like any of those are booming and posting big revenues or even have any huge deals in the works on the horizon...So wouldn't they shoot themselves in the foot by letting VSPC sink, VGREF with it, and go to....oh yeah...nothing, right now anyway?!
I think it's in their best interest as well as ours of course NOT to let VSPC or VGREF sink, and NOT just milk it but actually see it succeed with GKG deals and more.
I think no one likes to see more dilution Tommy. That is probably a "dislike" across the board among shareholders, obviously. But in my case, I choose to focus on the GKG play and possibility of landing a contract, new products etc because when that happens, dilution or not, this thing IS gonna fly. We just need that ONE kick-off contract, then watch the avalanche! Speaking of, I still think we are going to hear of the Ruba trial, yay or nay. Just a gut feeling. They didn't go this far with them not to at least address it. Also, since last year we missed the big box stores' stock up timeframe, we are due to hear of some possible deals with some BB stores in the very near future.
I think right now it's like watching a coin that was flipped in the air and it's dropping in slow motion, everyone watching where it lands. Heads or tail...sloooow motion, eyes are glued. That's what this waiting period feels like...tic toc tic toc, while you can hear the grass grow. Once the coin hits the ground we'll all see what it landed on. In my mind, the only question is not IF but WHEN do we get to see VSPC land deals and take off, and how far will it go. When that happens, we won't care about bonuses and insider sold shares.
It seems to me that we are waiting on something (other than the grass to grow ) or someone. We may already have partners or customers but we might be waiting for them to get the funding, be ready, or maybe we are waiting on DP Cleantech to get their plants or funding in motion, and then we can move as well. Just my opinion. Because we have everything ready, product, VGREF website in place, potential customers etc, and there is a feel that deals could be announced any moment yet they are not, and it is starting to feel to me like we are waiting for someone to get ready while we are ironing out the details with the future customers/partners. We may actually be waiting on several partners/customer to get ready, get their funding or land, or plants converted or whatever and then we'll move.
Either way I have a feeling once it starts, we get contracts, it will blow through the roof and have multiple deals.
(of course I am referring to our GKG opportunities, the other divisions not sure)
Larry, that's a tough one to even speculate since we don't have any point of reference and there are too many unknown variables. The few things that could be wild cards in the deck, in our favor, is that this is penny land, and with the right news things are known to have jumped 5,000%, 10,000% even 25,000%. For illustration purposes 5,000% right now would be $.50. Not bad I say. What the right news is?! That's where the guessing gets ugly. I would say a series of contract announcements, joint ventures, and long term 20-30 yrs, with increased log production and surprise new product. (like a while back when someone mentioned P&G being a potential new client with a new product)
Also, revival of DMFCC and maybe a sizable new Ionfinity contract. IF ALL of these happen consecutively, I'd say anything is possible, even the $1.00+ as you mentioned. If only one smaller contract comes in I'd say it will move us into MAYBE double digit pennies, maybe. ($.10+)
But again, this is penny land and it could exceed or trump anyone's expectations regardless of past experiences. SPNG went from $.004 to $.28 at one point, lets not forget. And it turned out to be a fraud, or went belly up anyway. So if that could do that, VSPC that is DEFINITELY not a fraud could do that and more. Just my opinion.
P.S. Exciting to see it back up @ $.01 last minutes before it closes. ;)
Anyone has the God-given right to get excited about their investment anytime they want and for any reason, without being lectured or jumped, or their ability questioned (aka. attacked). It is a right! And anyone who is attacking someone just because they got "too excited" is out of line and needs to be reminded of that. This is how simple that is, without biases and BS's.
There is a fine line between being slightly skeptical or directly telling someone that they don't know what they're looking at and shouldn't get excited or when they should get excited. That is wrong!
Having gotten that out of the way, go VSPC, and everyone have a good weekend!
Actually seattle, I did read most of his posts in the past, hence the statement. I also said he "sounds" like Hedge, although not as extreme perhaps, and I believe I gave the disclamer that he may not be. But I got a similar response back then from someone as you now. This wasn't a "calling out", it was an observation, I was protecting a lady if I'm not mistaken (read his response to rookie), so relax, at least it wasn't intended as such. Maybe you should follow people's posts more carefully before you lecture others to do so, because when you do amazing similarities or tones or posting habits emerge.
Again, I am NOT saying he is Hedge, just that he sounds like him a lot.
With that, nothing can stop what Viaspace will do (I believe meaning success), not him, not you or me, so here it goes: OAMOT!!!
You remind me of Hedge/Horse and whatever else he calls himself now over on Yahoo. (since he was banned from here) I said that last year too, that you are Hedge and picked up a new alias again, and someone corrected me that you are not him and that you are different person. You still give me the same vibe.
If you're not him, well, you sound VERY similar most of the time. (jumping on positive news and sentiment, hammering it down, being a confrontational/cocky at times, almost not sounding like you want the company to succeed soon etc)
Sorry, if you're not him than it's a weird coincidence.
Either way, GO VSPC and good luck to you as well as the rest of us longs!
They are definitely closer to Ruba than we are. Maybe they know something.
Nice volume building. Is that all you? Who should we congratulate?
Interesting correlation with Drax, especially the new Thailand plant. You never know, they might one of our JV partners.
I was browsing our VGREF website the other day (again) and still find it interesting how SPECIFIC these "examples" are for the use of GKG/biomass.
Potential Giant King Grass Business Opportunities (examples)
•30 MW biomass power plant in Africa together with a 3700 acre Giant King Grass plantation. Provides jobs for farmers and power plant operators, and clean, renewable electricity for several hundred thousand people. Power plant and plantation are owned by a third party. VIASPACE Green Energy establishes the crop and guarantees its production, and for that, it is paid an establishment fee and an annual license fee based on output.
•3 MW biogas electricity plant in Southeast Asia with a 520 acre Giant King Grass plantation for a specific company that needs both electricity and heat for its manufacturing.
•Joint venture to establish a 5000 acre Giant King Grass plantation to manufacture and export 20,000 tons per month of Giant King Grass energy pellets to a European utility company with a coal-fired power plant that needs to reduce its carbon emissions by co-firing biomass. In addition to establishing the crop, VIASPACE Green Energy could be an equity partner.
•Biofuel refinery co-located with Giant King Grass plantation to produce cellulosic ethanol or bio diesel.
•Existing biomass power plant in India that uses agricultural waste as fuel which has become too expensive and unreliable. Owner wants to convert to Giant King Grass for a reliable fuel supply at a known price.
•Giant King Grass plantation in the Americas to provide up to 50% of the fuel for a planned biomass power plant that requires a dedicated energy crop fuel source in addition to using wood waste.
Apology accepted! I also have to say, although I may be more optimistic, but I do understand your frustration. I think I can speak for all of us here when I say we ALL wish that this thing would have taken off and hit by now, that there would be contracts, deals announced and the pps would have jumped. But just because it didn't happen yet, it doesn't mean it won't, and when it does, it will be so much more rewarding. About company transparency, I don't know, there are a lot of other companies that are more transparent out there, I don't doubt that, but there are also a lot more shadier ones and less transparent the Viaspace. I chose not to get hung up on that, although, again I along with many others here would probably love to know every move they make, every step of the way. But it is what it is tommy, for better or...well, let not hope for worse.
I think we'll get there, and the smile or grin on our faces will be so much bigger when it happens.
Good luck to you and to all of us longs!
I was referring to this move, the 1.4M, won't change our ownership percentage. But I doubt even in the near future that they would want Viaspace to have decreased ownership in VGREF, I don't think Dr. K would go for that. If for some reason they do I am sure there will be a BIG PR about restructuring or something, and not merely a filing to change all that and not tell shareholders about it.
I DO follow the order of the "post and the conversation" by the way, thanks for the "warning", it was just the way you sounded in this last post, it sounded like "duhh...it's a no brainer" etc and it didn't come across as "opps, sorry guys, I was wrong again, and the sky isn't falling and management isn't trying to pull a fast one on us, sorry to rally up everybody....it's just something that was already included in the filing as a provision for their right to exercise". I guess that would have sounded better, but you sounded like you took a complete 180 on us and this was already expected. So, that's why that was confusing.
Anyway, I stand by what I said before, and am VERY hopeful as to what the future will bring for us with Viaspace. VERY optimistic, and not only do I NOT think the sky is falling, but I am quite convinced that the opposite is true and when this thing hits, it will be big. It's my premonition if you will.
Until then, like the "snowflakes", lets try to keep digging, finding good DD and STICK TOGETHER, shall we?!
Tommy, it seems that you have just contradicted yourself from your previous posts, and it is a bit confusing to follow where you're going with all of this.
I thought you previously questioned and tried to get everybody up in arms about them awarding themselves the bonus shares, and why now, why the rush to give themselves more bonuses etc.
Now you're sounding like you know exactly why they are doing it, and using your words "they will do this annually at a rate of 16.82% of the O/S each year" and also "it is something will do every (year?) like clock work".
So if you knew why they are doing this then why raise the big fuss about it? It's a little confusing where you're going with this.
The fact that they exercised their right to register these shares is not a surprise. As you stated, it's all in the filings. Our ownership of 75.6% in VGREF is also in the filings and that won't change. So I don't see what the issue is about them making this move with the 1.4M shares. It was all in the filing to begin with. And as to the timing of it, as I said before I believe they have a good reason why now.
Viaspace's ownership in VGREF is, again, 75.6%. And that won't change, at least it doesn't look like it.
Here's my theory on this whole exercising their option to register these bonus shares. They must think they will be worth more in the future! Period. End of story.
Why do they register it now? In my opinion is BECAUSE they know they'll be worth a lot more in the future and then they would have to register them at some point later anyway. So why NOT now? This actually shows confidence they have in its future value and also along with VGREF not trading yet, there is a reason for all of this, and the delay. They are building up to the point WHEN they have contracts and then everything will be in place. And the signs, including registering these shares, are pointing to something being in the works.
I mean, c'mon, wouldn't we do the same, and GIVE OURSELVES more shares of a stock that we believe will go up in the future? And no, that is not insider information/trading on their part. It just shows STRONG CONFIDENCE in this thing and that it will come through.
What ticks most people off is that it's taking so long. Well, the biomass industry is huge, was and will be looks like in the future. To introduce a new product to that, set up the networking, gain the market's confidence in your new product, have financing available to pull it off is a HUGE undertaking and it simply DOES NOT just happen overnight. But I do believe personally that we are very close to our well-deserved break-out, both as far as business goes for Viaspace, and the stock price. How much longer I don't want to speculate, but we are definitely seeing our ducks lining up nicely.