Viaspace, Inc. (VSPC)

[tommy 9 fingers]

Your absolutely right Picken, Carl hasn't lied to the SEC

Page 12 http://www.sec.gov/Archives/edgar/data/1270200/000101968712001183/viaspace_10k-123111.htm

Risks Related to our Grass Business


We currently have no meaningful customers for our grass business although we are starting to make progress. If we are unable to attract any customers, our grass business will suffer.


We commenced our grass business in October 2008 and have not recorded substantial revenues yet. While we believe we will be able to attract customers and achieve revenues, we cannot assure you we will. There is no assurance that our potential customers will determine that using GKG for biomass or animal feed purposes will be commercially viable. Further such customers may find other grass or plant products superior to GKG for their needs. If we fail to attract a sufficient number of customers that purchase a sufficient amount of grass, our grass business will fail.

Gee wonder how the SEC would feel if instead of the above statement they slipped this one in. Are they attending the same meetings Because Kevin forgot to add that none of the various "stages of numerous Giant King™ Grass bioenergy and related projects on multiple continents" can actually be called meaningful....LOL... as per their own filing.....LOL

Dr. Schewe commented: "At the Corporate level, we are actively engaged in the various stages of numerous Giant King™ Grass bioenergy and related projects on multiple continents. We anticipate that when these projects come to fruition and are sequentially launched, our Company value may appreciate. As a VSPC investor, I personally have taken the long-term view to establish my stake in the Company at a time when I believe the market undervalues us during this period when our seeds of success are being sown. We are in the bioenergy business sector for the long haul and plan to excel in the burgeoning bioenergy universe. In the meantime, we will take the necessary steps to strengthen our Company and continue our growth strategy. I believe that the investment community will soon recognize our resolve and commitment to become a leader in renewable bioenergy."