Viaspace, Inc. (VSPC)

[tommy 9 fingers]

Seattle

Make sure you understand VSPC share structure first be for you get worried and they shake you of your shares

VSPC has:
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.001 par value, 10,000,000 shares authorized, zero shares issued and outstanding — —
Common stock, $0.001 par value, 1,500,000,000 shares authorized, 881,896,366 and 814,336,863 issued and outstanding in 2009 and 2008, respectively

Chang if the second closing occurs but VGE is not successful list is getting"e;:

If the Second Closing has occurred but if Registrant common stock is not listed on a trading market by November 21, 2009, then VIASPACE will issue to Chang the number of shares of its common stock equivalent to US$5,600,000.


Chang is not getting perffered shares he is getting common shares. He will simply be one of us, but holding the majority of commen shares simply ensure he control the common share voting power. This is good

The preffered shares still are in the hands of Dr.K and BOD

Don't let that Guy on Yahoo shake you with posting only parts of the S-1 read the whole thing

http://www.sec.gov/Archives/edgar/data/1465062/000101968709003680/viaspace_s1a3.htm