VIASPACE Green Energy Inc (VGREF)

[tommy 9 fingers]

So this original deal was sign on October 21, 2008 and that is why you say it has expired.

So on 09/14/2009 Carl announce this.

VIASPACE Inc. (OTC:VSPC) (BULLETIN BOARD: VSPC) , a clean energy company growing Giant King Grass in China as a renewable and low carbon energy crop, today announced the signing of a memorandum of understanding (MOU) with Beijing-based DP CleanTech Company Limited. DP CleanTech is a world leader in design, manufacture and building of biomass power plants and the largest biomass electric power provider in China where it has already built 19 biomass power plants. DP CleanTech owns and operates these power plants with more than 400 MW of installed capacity through their operating subsidiary National Bio-Energy.

http://ih.advfn.com/p.php?pid=nmona&article=39451021

But most importantly that same PR has Carl saying this:

The next step included under the MOU will be to carry out a live trial to examine the efficiency of Giant King Grass in one of DP CleanTech's existing power plants by the end of 2009.

VIASPACE will deliver at least 300 tons of biomass every day to supplement the trial.

So what date exactly did the license terms change??????..


Well according to this brillant DD it looks to have changed on or about November 3, 2009 right before DP was supposed to pull the trigger... thus supporting your theory
http://www.sec.gov/Archives/edgar/data/1465062/000101968709003922/filename1.htm


Hmmm was that the earliest date Caps..... because if it wasn't we should look at the PR's again.. As you said DP would not like the new terms and I am sure Carl worried about it when he first became aware of it... I wonder what his PR's looked like after November 3, 2009

Do you think he knew DP would bail on 11/19/2009 when he issued this PR?

VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King(TM) Grass as a low-carbon, renewable energy crop, today announced it has leased an additional 136 acres in Guangdong Province, China. The new acreage has already been planted with Giant King Grass.

http://ih.advfn.com/p.php?pid=nmona&article=40433203

Do you think DP after reading the filings on November 3, 2009
that Carl's GKG license changed that they would not call him and say hey things are on hold so don't buy any land...or new homes...or do you think DP didn't know yet?


Or how about this PR on 12/02/2009 (remember how excited I was Caps...we were all wishing for a big X-mas present and calling you a scrooge)

First Giant King Grass Harvest

VIASPACE Inc. (OTC Bulletin Board: VSPC), a clean energy company growing Giant King(TM) Grass as a renewable, low-carbon energy crop, today announced that the first harvest of Giant King Grass has been completed and that a new grass processing and storage facility is under construction on company land in China.

Chief Executive Dr. Carl Kukkonen stated: "The grass from this harvest provided seedlings for planting on our new land and is also being used to supply samples for testing and analysis by potential customers such as DP CleanTech and other electric power providers. The new building, now under construction, will process Giant King Grass into pellets and other biomass products, as well as prepare seedlings for the planned expansion of planted acreage."

http://ih.advfn.com/p.php?pid=nmona&article=40605552

You really have to think about this line below. If DP had told him they had problem with the new license and said the deal was off, then what was Carl talking about?:

and is also being used to supply samples for testing and analysis by potential customers such as DP CleanTech