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Big Casino 1518

03/04/21 9:21 AM

#30968 RE: dondoof #30965

You are right that Elite Therapeutics & Bad Love Cosmetics are 100% subsidiaries of Viaspace.

Unfortunately you are VERY WRONG about Viaspace California. Taken from Viaspace's most recent 10-Q, is the following:

We also own an 11.57% interest in Viaspace California, Inc (“VSCA”), a company formed on March 1, 2018.



They barely own over 10% of Viaspace California. To be considered a subsidiary, Viaspace would have to own over 50% of Viaspace California, which they do not.

https://www.sec.gov/Archives/edgar/data/1270200/000156459019022132/vspc-10q_20190331.htm