"VIASPACE focuses on the renewable biomass energy business and on our Giant King Grass, which is a proprietary biomass crop. Biomass is just a fancy word for biological materials such as trees, grass and crops. And so when people are talking about biofuels or bio energy or biomass, they are talking about fuels that are derived from trees, grass, or crops. In the renewable energy business, the most well known things are wind energy, solar energy, and hydroelectricity. And the attractive things about these options is that the energy source is free. The sun is free and wind is free and there are also no carbon dioxide emissions, but the major disadvantages of these solar and wind are that they are intermittent. Wind energy is only there when the wind blows and you can't depend on it for electricity. You need a backup generator to go with the wind power plant so that when the wind isn't blowing the generator is going and the wind is blowing hard, the generator generates less, but you really need two power plants if you are going to use wind. Similarly for solar, what are you going to do in the night time or on a cloudy day, you need a backup and batteries are good for your laptop or your cell phone but the batteries aren't available on a utility scale. So for solar and wind you need backup power, which means two power plants and that makes it more expensive.
The real payout is Harmony and that will make this stock soar
doesn't take much at these price levels and volumes. can be almost anyone at this point. UGH!
I agree with both ur replies BUT with stocks and companies like this (as long as the company is legit) the pricing is usually based on future earnings and revenues and growth.
3 things that VSPC really seems to be finally getting.
I really expected a whole lot more.
Story on Yahoo now - WOW
- VIASPACE Inc. today announced that the company has entered into a research collaboration with the University of California Agriculture and Natural Resources Division (UCANR). The objectives of the research are to:
Compare the growth of Giant King Grass using subsurface drip irrigation with flood (furrow) irrigation
Compare individual node and whole stalk planting methods
Evaluate yields when cut every 6 months for bioenergy applications
Evaluate yields when cut every 2 months for animal feed or anaerobic digestion to produce biomethane
Evaluate growth of Giant King Grass in a very hot dry climate
WALNUT, California, July 7, 2014 /PRNewswire/ -- VIASPACE Inc. (VSPC) today announced that the company has signed a Giant King Grass Supply Contract with ReSource BioEnergy, Inc. to supply Giant King Grass for its bioenergy projects in Jamaica. Giant King Grass propagation nodes were harvested from the VIASPACE nursery in California, inspected by the United States Department of Agriculture which issued a phytosanitary certificate, and were shipped to Jamaica where Giant King Grass was planted and is now growing.
Totally agree with your assessment. BUT Wall St. is VERY forward looking and if 2015 is the year of revenues than the stock price should be reflecting more now than just speculation. Not sure how VSPC can garner a little more attention.
Kukkonen met with AGRICORP CEO Mr. Amilcar Ibarra Rojas and other principals in Energia Reino Verde (English translation "Green Kingdom Energy"), the special purpose company that will own and operate the 12 MW biomass power plant to be co-located with a 2,100 acre Giant King Grass (GKG) plantation in Nicaragua. The Nicaraguan partners plan to provide substantial equity funding for the project, in addition to the project development funding they have already provided. They are taking the lead in obtaining all government approvals and permits for the project. Energia Reino Verde is a 50-50 partnership of VIASPACE and Nicaraguan partners. VIASPACE CEO Dr. Carl Kukkonen serves as president of Energia Reino Verde.
Giant King Grass has been growing on the 10,000 acre plantation on Lake Nicaragua since 2012. 6,000 acres are planted in rice and the remaining land is available for Giant King Grass. Irrigation from Lake Nicaragua and captured rainfall allows for year-round Giant King Grass production. At the plantation, Kukkonen met with the agronomy team. Giant King Grass is growing well in Nicaragua and individual GKG plants weigh even more than those grown in California demonstrating robust, high-yielding GKG growth in the Nicaraguan environment.
I would have thought there would have been a huge pop on NY's great news.
A WORLDWIDE distribution alliance with 1 of the world's biggest printer companies that will result in millions of added revenue quickly is NOT a reason to sell.
The small investor is just getting hurt by a small group of hedgies and trading alliances while the SEC just complains about golfers!
WALNUT, Calif., April 22, 2014 /PRNewswire/ -- VIASPACE Inc. (VSPC) today announced that Mesquite Lake Water and Power LLC has planted a 22 acre nursery of Giant King Grass in the Imperial Valley of Southern California. More than 2,200 acres of Giant King Grass can be produced from this nursery as early as September 2014.
Previously VIASPACE reported that it had signed a contract with Mesquite Lake Water and Power to provide Giant King Grass for an 18 MW biomass power plant and a companion advanced biofuels facility which are a part of the Mesquite Lake Energy Park that is being developed in Imperial, California.
Mr. Rodney L. Williams, managing member of Mesquite Lake, stated, "We are moving quickly to establish the Giant King Grass as a viable energy crop to be grown in the Imperial Valley. Our goal is to be prepared with fuel on hand when the power plant reopens. VIASPACE is working closely with our team. Within two weeks of signing the contract, we had Giant King Grass planted in the Valley. We are experiencing plant germination and emergence daily! This is the initial step involved in the creation of developing large tracts of land in the Imperial Valley for commercial production."