Sunday, April 28, 2013 1:13:54 PM
Grass revenues were $183,000 in 2012 compared with $15,000 in 2011, an increase of $168,000.
Mr. Sung Chang, President of VIASPACE Green Energy (VGREF) stated, "The fourth quarter of 2012 represented the first quarter that we have reported revenues derived from the sale of Giant King™ Grass pellets in China. I am very pleased with this achievement. Our pellet sales to customers in China have proven that VGREF can manufacture high-quality pellets and deliver them to customers at an attractive price. We are able to offer favorable prices to our customers by taking advantage of Giant King Grass' high growth yields. We are seeing the pellet market in China grow and expect our Giant King Grass pellets to help supply this demand. At this time, we are searching for more land to expand our Giant King Grass plantation and install an additional pellet mill."
Just askin'
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