VIASPACE Green Energy Inc (VGREF)

[hedge_fun]

Grassland is adding 230 acres.....

Chang is investing far more in operations than Dr. (B)S ever has or will. Looks like Chang thinks the pellet contract will lead to more. Of course "our friends at DP" moved to Guangdong, didn't they? If Karl only put his money where his mouth was!

So much for.........Chang going at it alone, huh?

At September 30, 2012, the Company has made deposits of $144,000 for an additional land lease site of approximately 93 hectares, or 230 acres in China which requires a prepayment of the first five years of lease. The remaining amount of approximately $134,000 is expected to be made in the fourth quarter of 2012. After the remaining payment is made, the Company will have the land available for its use.