Viaspace, Inc. (VSPC)

[Ceray67]

I have heard of this happening frequently with penny stocks. It is not uncommon. I think the Dr. is a very wise investor.
1. Tax break for loaning money to a renewable's company.
2. Conversion to shares that will allow him security of an equity and option to receive some of his money back in the event of a liquidation.
3. And provide room for a decline while waiting for the position of the company to establish itself in the market.

I think it is a good learning scenario for penny investors. Don't be hatin'