Looks like they expect to sell more pellets........
At September 30, 2012, the Company has made deposits of $144,000 for an additional land lease site of approximately 93 hectares, or 230 acres in China which requires a prepayment of the first five years of lease. The remaining amount of approximately $134,000 is expected to be made in the fourth quarter of 2012. After the remaining payment is made, the Company will have the land available for its use.
Chang taking company money and investing it into infrastructure. If the stock drops below fitty cents, there could be a market with the right PR's based on the current OS count.
Why in the world would anyone think VGREF was going to merge with VSPC. The thing they really need to do is distance themselves from Karl.