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Replies to post #28251 on Viaspace, Inc. (VSPC)

Replies to #28251 on Viaspace, Inc. (VSPC)

BreakingGood

11/18/14 9:26 AM

#28252 RE: Siggy3 #28251

VGRE had $1,000 in Revenues from grass sales, which is probably the 8% commission it earned from VSPC. Our "sister company" has been a complete failure in the grass business in China. Since they claimed $0 in operational expenses related to the grass, my guess is that they either just let it grow and never harvest it or perhaps they let the locals harvest it and use it for their own purposes in exchange for maintaining the 467 acre plantation. One of these scenarios is probably what is also happening to the grass VSPC planted several years ago in Myanmar.

rodman

11/18/14 9:27 AM

#28253 RE: Siggy3 #28251

Jason replied to my inquiry! I suspect they are reaching out to VSPC realizing the success they are having. Just reading between the lines inquiries have been received in Asia maybe even the middle east! VGREF looks dead without help!

Hi Richard,

Thanks for your email. VGREF believes there are a lot of opportunities for Giant King Grass to succeed in Asia and is actively pursuing projects. Have a nice weekend.