So taking into account and following up on my other posts this morning:
Now let's talk about Patrick Teo?
Sounds like from everything we have seen about him that he is a heavy hitter no doubt and an acomplished business man knowledgable in Green Energy with contacts and funding to boot.
On top of that he has taken a postion with VGE PTE LTD as a director to which we do not know how much he is being compensated because Carl feels this does not deserve an 8K.
Now do you think Patrick knows that the GKG is actually only a trademarked brand name and that the grass itself is only a sublicense to which VGE has no terms...
Partick doesn't seem like the kind of guy who works for people, but likes to work for himself and he is smart, maybe smarter that Carl and Chang or even us...LOL.
If I was Patrick and I was interested in GKG what would I do?
Well I would read all of VSPC and VGREF filings to see what position financially that they are in. Of course then he would see what I have been pointing out all morning.
So if I was Partick I would go to Wang and make an offer to buy the Sub- license rights. You know the same one Wang sold VSPC with out any terms. I would think Wang would have to resign from his position as Director of Grass Production in order to do so first to avoid an conflicts with the employment agreement.
This way Patrick would own the license that is basically leased to VGE to allow them to grow and brand GKG... And since their was no terms established in the orginal deal with Wang then Patrick could set his own terms including giving himself a Director position at VGE LTD PTE and a cut of all sales.
Kind of explains why Carl has diluted to this company so much on spending shares on stock promoting companies, almost as if he know his company really had no other value than the GKG name brand the access to shareholders money to pay for this and the salaries so as not to Dilute VGREF and possible make that company attractive to someone like Patrick... Wait did I just make it sound like VGREF is worth something? ....LOL... forgive... and let me explain...LOL
VGREF is only IMO worth about $3 to $4 mil tops because of IPA ... maybe more if the logs actually had sales and if they had a contract for Grass. Without a contract for grass then VGREF value comes from the fact that it is already listed on the US stock exchange. Now if you add a contract to this then you could talk some money.
So why is Patrick here? does he smell a contract or is a gatekeeper to a contract? What is the Key? I would think access to funding would you? Sound like a gatekeeper to me.
If you were a gatekeeper and know you could approach Wang and possibly buy the license from him that VGREF depends on how would you approach things????????
Disclaimer: this is all conjecture and theory and all in my humble opinion and not meant to alledge anything, trade on your own advice. This includes my previous 5 posts on VSPC this morning. I have to say that because some people think this kind of talk is bashing....LOL .... funny how Bill O'Reilly says all that he does and never gets sued.