Viaspace, Inc. (VSPC)

[Big Casino 1518]

March 31, 2017 10-K Recap:

Viaspace issued and sold 822,576,178 shares of stock in 2016.

Current outstanding shares are: 3,079,260,854 as of March 31, 2017 vs. 2,256,684,676 as of March 31, 2016

Authorized shares: 3,900,000,000. Only 820,739,146 left to issue and sell!

Insider Sales:

Sung Chang sold a total of 179,780,411 shares of stock owned by him.

Carl Kukkonen sold 10,000,000 shares of stock.


Total Current Assets

Current Assets as of March 31, 2017: 33,000
Assets as of March 31, 2016: 120,000

Investment in Almaden Energy

Value as of March 31, 2017: $14,000
Value as of March 31, 2016: $40,000

Investment in Energia Reino Verde (Nicaragua)

Value as of March 31, 2017: $0
Value as of March 31, 2016: $0

Wages of Viaspace management

Carl Kukkonen: $111,000
Bonus: $19,931
Options ($): $21,264
Other: $19,966
Total: $172,161

Haris Basit: $120,000
Options ($): $157,499
Total: $277,499

Stephen Muzi: $64,000
Options ($): $14,352
Other: $13,233
Total: $91,585

Total amount paid to "management": $541,245

So, basically all they achieved in 2016, is selling shares of stock to line their pockets with cash. Nothing to see here, move along, move along.