Replies to post #22701 on Viaspace, Inc. (VSPC)

[hedge_fun]

VIASPACE Announces Major Upgrade ~ GKG PELLETS

You can thank me for the NEWS.....if true! Remember the OPEN LETTER? Why haven't they done this EARLIER?

Didn't Jan tell you they wanted CONTRACTS FIRST? If the market is there, then make it HAPPEN, like my brilliant (imho) OPEN LETTER said. Jan was just BS'ing you! Let's hope they will do THIS TIME what they always said they would.

The company has purchased a 2 ton/hour pellet mill from one of the largest, well-known and reputable pellet mill manufacturers. The pellet mill is expected to be operational and producing Giant King™ Grass ("GKG") pellets in May and the company will begin selling pellets in the Asia market shortly thereafter. Management expects to initially produce and sell up to 10,000 tons of pellets per year which could generate up to $1.6 million of additional annual revenue ($160 per ton at current prices). The pellet operation is expected to generate significant gross profits for the company. In addition, the company has capacity to add an additional pellet mill line within the next 12 months to increase annual output to 30,000 tons per year in order to help fulfill the demand for pellets in Asia. Pellets from China will be available for large scale samples for European customers as well.

http://ih.advfn.com/p.php?pid=nmona&article=52107150