Replies to post #16024 on Viaspace, Inc. (VSPC)

[Larry05]

I concur.oem

[Royalpaint]

Bright,
Was thinking the same in regards to the size of the test plot. They are just not going through the motions here.

[foxy15]

25 acres is only .039 sq. miles. It is about 4 city blocks long and 4 city blocks wide. You can walk across it in about 5 minutes and run across it in less than 2 minutes. This is not a major commitment of land. They can mow it over before lunch time if they consider it a failure.

I do believe the test is a big step in the right direction and am more optimistic about this MOU than I was about Aruba and DP, but it really is only a small commitment of resources by Prov Agro.

[stockshark77]

Bright--question for you (or anyone)....

The company has no cash; that's a fact. How will they continue to pay the salaries with no cash upfront on this deal(other than the usual, which is selling shares)? How long do you think it will take for them to plant and grow the 25 acres? The log sales won't float this boat. The art can't support them either, even with "new revenues," that they tout. Plus, revenues are one thing, but the bottom line is another.

The $10,000,000 revenue scenario is years away, only if everything goes EXACTLY as planned, in a "best-case scenario" (which has eluded this group many times).

All fair questions. No spin, just real questions.



Any answers??