Thursday, January 21, 2010 5:52:52 PM
VSPC needs to do some re-assuring.....or I assure you.....it won't be pretty....
Call it what you want....it ain't a bash....what's been happening......pps has been drifting slowly down.....with NO news......a few more weeks.....2/15....all these kick it down the responses are not helping....and that can't be disputed.....
Think about this.....interest with a lower pps equals MORE dilution.....the longer it takes...the more they owe Chang....the longer it takes....the lower the pps....time is multiplying the dilution.....if there is not a deal with Chang soon.....Carl maybe looking for another job.....some of you suggested that it's in NO ONE's interest to dilute....from the filing...which is still relevant until.....
If the Second Closing does not take place by the Second Closing Deadline, then alternatively, the following will occur:
· Chang and/or his designees shall retain our Shares;
· VIASPACE shall transfer all shares of our common stock it holds to Chang;
· Chang will deliver the remaining 30% equity interest of IPA-BVI to us, such that we shall receive all equity securities of IPA-BVI, and
· if VGE’s common stock is not listed on a Trading Market as of the Second Closing Deadline, Chang shall also receive such number of shares of VIASPACE common stock so that Chang shall own a majority of the outstanding shares of VIASPACE common stock as of the date of issuance.
Maybe the Chang gang takes over the GKG biz....Carl gets an art biz....any thoughts?
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