VIASPACE Green Energy Inc (VGREF)

[hedge_fun]

A lightbulb went off!!!!

The reason we aren't seeing LOGS orders from BIG BOX stores...........

INTELLECTUAL PROPERTY, imho.

I didn't even think about that.

The CERTS was a NO brainer, but intellectual property rights can't/wouldn't be covered by insurance.

Let's say Walmart sold the Green Logs to the guys at the BEACH PARTY. You do know who they are, right?

Let's say it rained and the BEACH PARTY became a CONDO at the BEACH PARTY. The drop in temp was reason to burn some GREEN LOGS in the condo fireplace.

Carl said the logs burned HOTTER and LONGER, right?

The logs burned so HOT that the CONDO caught on fire, and $15,000,000 in damages occurred. If the logs were CERTIFIED, but Walmart was sued for selling the logs, then insurance may cover it.

But let's say the Green Logs did burn HOTTER and LONGER like Carl said, and Walmart couldn't sell them fast enough. Any lawyer for Walmart is going to want to know VGE has FULL RIGHTS to sell this HOT NEW PRODUCT, right?

ESPECIALLY COMING FROM CHINA, the worst place on earth for piracy.

check these out..........

http://www.mac.doc.gov/china/docs/businessguides/intellectualpropertyrights.htm

http://news.wustl.edu/news/Pages/5691.aspx

http://www.ft.com/cms/s/0/293dec7a-566d-11e0-84e9-00144feab49a.html#axzz1HiLU1UJf

Unless Carl can PROVE they have FULL rights to the intellectual property, I doubt the logs will go anywhere.

Now we see ONE POSTER asking us to prove China Gate is marketing and selling the grass. I actually haven't said they are, only that they could PER VIASPACE.

Yet VIASPACE/IPA can't even say FOR CERTAIN that they aren't INFRINGING on the intellectual property rights of others.

We could be subject to intellectual property rights claims regarding the seedlings.

We are subject to the risk that the seedlings we license infringe or will infringe upon patents, copyrights, trademarks or other intellectual property rights held by third parties. We acquired rights to grow GKG from a seller which we believe held such rights. If that party does not hold such rights, we may be subject to legal proceedings and claims relating to the intellectual property of others. If any such claim arises in the future, litigation or other dispute resolution proceedings may be necessary to retain our ability to offer our current and future products, which could result in substantial costs and diversion of our management resources and attention even if we prevail in contesting such claims. If we are found to have violated the intellectual property rights of others, we may be enjoined from using such intellectual property rights, incur additional costs to license or develop alternative products and be forced to pay fines and damages, any of which could materially and adversely affect our business and results of operations, or terminate our grass business entirely.