Viaspace, Inc. (VSPC)

[mic_check]

I think VSPC had and still has a ton of potential and others feel the same.

I found this while doing a search after I read the top of this boards page titled " 61M shares owned by institutions own by SNK, locked until April 9th 2011"

"VIASPACE announced last week that SNK voluntarily agreed to extend the lock-up of its 61,204,286 shares for five years until April 9, 2011. This represents 21% of the outstanding shares in the company. These shares previously were restricted until June 22, 2006 under SEC rule 144. VIASPACE founders, executive officers and others own 176,445,000 shares (60.5%) which are restricted under SEC rule 144. In addition, 27 million shares held by four shareholders have also voluntarily agreed to lock-up their shares for five years until April 9, 2011. Of the 291,649,286 shares which are outstanding, only 27 million (9.3%) are free trading." - Taken from a 2006 PR that is no longer available on the companies website... But if you do a little digging...

SO it looks like traders had 5 years to buy up as many shares as possible and instead, people decided to sling mud and bash the company. Now come April this stock could tank heavily. I'm hoping it does not.

I know of another company that locked up shares and I'm jumping in.

GLTA