But if this was invented in China that does not allow you to patent plants to protect the invention then why would China let you license the plant to protect you invention.
Commen sense says in China the license if it exists is worthless or mostly likely not allowed.
So Rybench this time I will give you a reasonalble explaination.
No licencse exists in China, that is mostly likely why the third party hired China Gate to represent them, because China gate is not in china
Corporate History
On October 21, 2008, VIASPACE Inc., our parent company (“VIASPACE”), and we entered into a Securities Purchase Agreement (the "Purchase Agreement") with Sung Hsien Chang ("Chang"), and China Gate Technology Co., Ltd., a Brunei Darussalam company ("Licensor"). Under the Purchase Agreement, we agreed to acquire 100% of Inter-Pacific Arts Corp., a British Virgin Islands international business company ("IPA BVI"), and the entire equity interest of Guangzhou Inter-Pacific Arts Corp., a Chinese wholly owned foreign enterprise registered in Guangdong province ("IPA China") from Chang, the sole shareholder of IPA BVI and IPA China. In exchange, VIASPACE agreed to pay $16 million in a combination of cash, and newly-issued shares of VIASPACE and our ordinary shares. In addition, VIASPACE issued shares of its common stock to Licensor and in exchange Licensor sub licensed certain fast growing grass technology to IPA China.
According to that the only one that actually holds a license is China Gate...
Well guess what...China Gate just went public and the did not list the license as an asset or the $500K they got for sublicensing to VSPC.
Oh by the way Brunei Darussalam company does allow patent and if this third party actually has a patent it is likely there because the licensor is there as well
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