Replies to post #22930 on Viaspace, Inc. (VSPC)

[pickinNclickin]

not too worried about it... I think what's more important is that major dilution has slowed down a lot since 2010 which would make investors more comfortable... a buy back program won't likely be in place for a while but I don't see share count being an issue if we get some substantial news

[tommy 9 fingers]

What would they buy it back with Josh...LOL

[hedge_fun]

I am sure Tom and Small Caps will agree it would be a huge sign to the investing community if the company started buying back shares.

I agree that would be a positive development, and I think this is as well. From yesterday's PR.........

The boards approved a baseline budget that has the company at cash flow breakeven. The baseline budget has all expenses paid in cash with the goal of no additional stock dilution for operations expenses. The board approved reserving part of the cash on hand for contingency and potential expansion of the pellet mill.

Now I noticed you posted in the hood that VSPC was operating at cash flow breakeven, I assume based on that statement in the PR. One would think with over $9MM in losses last year, it seems logical that they would release that budget to the public, or at least give an explanation of what that means EXACTLY.

Are salaries (past and future) part of operations? Can we expect no dilution, or just no dilution to pay for trips to Asian Biomass Conferences and the like?

You know Jan won't answer me, so as I asked Rookie, put together a post and even base it on what Jan says, and I'll sticky it. If you like you can PM me Friday during Happy Hour (4~5pm) and I'll put together a sticky that you can copy/paste as your own.

I think it's good exposure for VSPC, and we can hold their feet to the fire. I'll replace THIS STICKY with whatever you longs put together if you want.