Replies to post #2094 on VIASPACE Green Energy Inc (VGREF)

[4on4off]

This whole situtation is unpleasant to say the least. Whatever the outcome I hope it is sooner rather than later.

4

[tommy 9 fingers]

Poor Carl ... being taken advantage of....what a crock.

he over pays for IPA, signs stupid no term contracts, pays $36k for a PO. box and gives away a preffered share.

Someone Call the elder abuse hot line.... and report Chang

you have got to be kidding me ... I thought you weren't suggesting a lawsuit?

If Mr Chang did discuss matters with Wang & Sung pre-resignation to either board he has divulged his plan. Several legal items IMO. We'll see soon. Like Tuesday!

[hedge_fun]

Most likely Chang wants exclusive license in Asia/China, wants the Seem deal outright or the planatation may be the deal breaker too.

So why is Karl still involved with Chang, if what you suggest is true? Do you think he wouldn't know about it, especially Seema?

Besides, they had a worldwide worthless sub license, why would they want an EXCLUSIVE worthless sub license in Asia/China?

Will that be the spin for failure? They could have succeeded with an EXCLUSIVE sub license?

I also suspect Dr Shewe may form a new entity or merge his for the VSPC loss carryforward.

You think? Hope so.....along with a R/S.

If Mr Chang did discuss matters with Wang & Sung pre-resignation to either board he has divulged his plan. Several legal items IMO.

Isn't "Sung" Chang's first name? Who are you talking about? Sung?

If he wanted an EXCLUSIVE, he would need to go to the inventor, not China Gate. They only had an exclusive in Guangdong and N. America and sold those "rights" to IPA.

Legal items?

[hedge_fun]

Looks like Chang took the lawsuit off the table, huh?

VSPC still has access to the worthless license after missing 2 payments.....though they did make a partial payment.

Not like it was a serious threat though.

[hedge_fun]

Funny, I mention the lawsuit being OFF THE TABLE.........

BLASTOFF for the former parent company of VGREF!

[hedge_fun]

"Capital_formation" is making a great point in the hood. Dr. S's friends he met with about funding VSPC missed a great opportunity to control 2 public companies. The point you make about the NOLS makes the argument even more compelling.

The NOLS are worth less now, right? If VSPC lost VGREF, won't the losses from last year be reviewed and not applicable moving forward since the default occurred? I could be wrong, but unless VSPC list Goodwill as an asset there can't be a review. The only losses going forward will be adjusted like the $200K they pre-paid, the cost of the license, and the purchase of IPA. In other words, whatever Chang got in total from VSPC can only be listed going forward, not the bogus overpayment for IPA, since they lost the rights to IPA.

[hedge_fun]

VGREF has a billboard for Green Logs. I saw it today coming back from NC. It was on I-85 (northbound side) around exit 147 in GA.

It was on both sides of the billboard and looked similar this....without the box.



Below the 2 logs was VGREF.com, which leads you here......

http://www.viaspacegreenenergy.com/index.php

Jan "allegedly" told someone that Duraflame lowered their price so VSPC stopped producing them. I travel that route a couple times a year or more, but never remember seeing that before.