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VIASPACE Green Energy Inc (CE)

VIASPACE Green Energy Inc (CE) (VGREF)

0.2889
0.00
(0.00%)
Closed September 23 4:00PM

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VGREF Discussion

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Garyedward71 Garyedward71 4 years ago
This looks interesting, is anybody here? Not a post in 5 years! Hello anybody, is there anyone here?
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Garyedward71 Garyedward71 4 years ago
This looks interesting, is anybody here? Not a post in 5 years! Hello anybody, is there anyone here.
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hedge_fun hedge_fun 10 years ago
2. Yes, I was a director of a VGE....

I have reviewed the annual reports and see no mention of you ever being listed as a director since VGE was formed. Can you provide a link that shows your statement to be true? Here are all annual reports filed by VGE with the SEC. You have never been listed as a Director. I don't even see an 8K that lists your appointment and/or resignation.

Page 25 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9223808
Page 26 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8518727
Page 27 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7833508
Page 28 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7159705

4. Carl was unable to secure support for his green project and I recall, perhaps two years ago, that I
signed certain papers to wind up VGE.

According to the last 10Q, VGE was not "wound up" within the last couple of years. Is this filing with the SEC false?

For the quarterly period ended September 30, 2014

We are growing GKG on approximately 457 acres of leased land in China, which serves as a nursery to provide seedlings for large bioenergy projects, a demonstration plantation for potential partners and customers to visit, to provide samples for testing by potential customers, and as a grass source for our own pellet products.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10301918

If you wouldn't mind clarifying.

Thanks
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Big Casino 1518 Big Casino 1518 10 years ago
VGREF files to suspend reporting to SEC:

http://ih.advfn.com/p.php?pid=nmona&article=65826030&symbol=VGREF

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Big Casino 1518 Big Casino 1518 10 years ago
Doesn't Chang still run a pellet mill that was purchased by VSPC and obtained by Chang in the VGREF/VSPC swap/collateral fiasco?
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Big Casino 1518 Big Casino 1518 10 years ago
Sorry for the multiple posts, but what exactly do you mean by:

I signed certain papers to wind up VGE
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Big Casino 1518 Big Casino 1518 10 years ago
Were you suddenly notified of that post because of this?

http://www.sec.gov/Archives/edgar/data/1465062/000101968715000921/vge_frm15.htm

Interesting timing.
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Big Casino 1518 Big Casino 1518 10 years ago
He is now retired?

He is now retired.

Carl has been running VSPC for 10 years now. How long has he been "retired"?

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pateo pateo 10 years ago
Viaspace Green Energy Conspiracy????

I was alerted to this post yesterday and I believe I should respond, although a couple of years belated.

1. I am not aware until now that there have been allegations of conspiracy.
2. Yes, I was a director of a VGE as a favor to my friend, Carl Kukkonen, who founded Viaspace.
Carl was a scientist at NASA's Jet Propulsion Research Laboratory in San Diego. He is now retired.
3. He discovered that Giant King Grass could be cultivated and harvested 3 times a year and pelletised
to produce fertiliser or as feedstock when mixed with coal for power plants, which would reduce
carbon emissions.
4. Carl was unable to secure support for his green project and I recall, perhaps two years ago, that I
signed certain papers to wind up VGE.

Carl is not a person to misrepresent the technology nor is he dishonest.
Patrick Teo

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hedge_fun hedge_fun 10 years ago
Congrats Hobby Lobby. You fought the.......

good fight!!!

Please note: Hobby Lobby is VGREF's biggest and therefore most important client.
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market_twain market_twain 11 years ago
$1000 in grass revs for Q2. Not good.

Approximately $954,000 of revenues recorded during the three months ended June 30, 2013 are from framed artwork sales and $1,000 of revenues are from grass related sales.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9452078
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market_twain market_twain 11 years ago
Why would you want to re-negotiate? 8% is good, don't you think? VSPC already paid Chang over $500,000 for the license which doesn't appear to be worth 5 cents. 5 years and no deals. What gives?
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rodman rodman 11 years ago
Great news that freedom of religion still has respect for beliefs that Hobby Lobby has. Possibly VGREF and VSPC can still do business in China. Lets hope we could renegotiate the agreement.
How's it going Market Twain?
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market_twain market_twain 11 years ago
Hobby Lobby wins legal appeal

An appeals court reversed a lower-court decision, saying the Christian owners of Hobby Lobby can fight implementation of a healthcare law requiring employers to pay for types of contraceptives that they believe are abortifacients.

http://www.abpnews.com/culture/politics/item/8632-hobby-lobby-wins-legal-appeal#.UdAS0pzk-so

Since VGREF didn't achieve the projected revenues for GKG, they can still sell framed art through Hobby Lobby. Glad to see Hobby Lobby fight the good fight.
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hedge_fun hedge_fun 11 years ago
VGREF is expanding, why isn't VSPC?

Grass revenues were $183,000 in 2012 compared with $15,000 in 2011, an increase of $168,000.

Mr. Sung Chang, President of VIASPACE Green Energy (VGREF) stated, "The fourth quarter of 2012 represented the first quarter that we have reported revenues derived from the sale of Giant Kingβ„’ Grass pellets in China. I am very pleased with this achievement. Our pellet sales to customers in China have proven that VGREF can manufacture high-quality pellets and deliver them to customers at an attractive price. We are able to offer favorable prices to our customers by taking advantage of Giant King Grass' high growth yields. We are seeing the pellet market in China grow and expect our Giant King Grass pellets to help supply this demand. At this time, we are searching for more land to expand our Giant King Grass plantation and install an additional pellet mill."

Just askin'
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hedge_fun hedge_fun 12 years ago
What are you talking about?

VGREF's fiduciary responsibiliy

Where have they been negligent?
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rodman rodman 12 years ago
Jason replied to my complaint about VGREF's fiduciary responsibiliy promptly. Really should not ahve taken this long!



Dear Mr. Rodriguez,







Thank you for contacting us. We appreciate you as an investor, but the company feels that it is fulfilling its fiduciary duty and is working hard for its investors every day. Additionally the company is in good standing with the SEC and is fully-reporting. We are working hard on the annual report this time of year and that should contain a bit of information for investors.



As for your questions that have fallen β€œupon deaf ears,” we have not received any communication or inquiries from you recently and apologize if we have not responded to anything that may have been lost. Please feel free to send me recent e-mails that may have been lost, and we will try our best to respond in a timely manner.






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hedge_fun hedge_fun 12 years ago
DD from T9, and we see volume..........

Looks like the(y) really did get a pellet mill

http://www.viaspacegreenenergy.com/giant-king-grass-pellets.php

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84161292


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justarookie justarookie 12 years ago
Looks like somebody is buying....
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Siggy3 Siggy3 12 years ago
It won't hurt H..L.. or VGE. Great free avertizement. Maybe they can get the fines reduced or expelled, etc in a deal.
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hedge_fun hedge_fun 12 years ago
VGREF ~ Hobby Lobby A Factor in 2013?

Hobby Lobby took stand on principal even in the face of $1.3 million in daily fines for failure to comply with Obamacare mandates. Could we see sales rise like they did when former Gov. Mike Huckabee called for support of Chick-fil-A this past summer in light of certain comments made by management? If so, could VGREF see increased orders for framed art?

The daily fines have to impact Hobby Lobby at some point, don't they? Didn't the IRS add agents to collect fines?

Will Hobby Lobby fight til the end? Could it help or hurt VGREF? Hobby Lobby is their major customer at the moment, but they do have the new GKG pellet supply contract.

Could get interesting in 2013. Here's hoping for the best!

Happy New Year!
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hedge_fun hedge_fun 12 years ago
Additional information upon request:

Karl is bragging on the VSPC website about this accomplishment, as if it were actually deserved. The letter shows what little respect he has for shareholders. Any increases will now be removed since the VGREF shares belong to Chang.

Revenues were $0 and $20,000 for the three months ended September 30, 2012 and 2011, respectively, a decrease of $20,000. Ionfinity incurred revenues of $20,000 for the three months ended September 30, 2011 and zero for the three months ended September 30, 2012 as all US government contracts were completed in 2011. The Company did not recognize any grass revenues for the three months ended September 30, 2012.

The last Q shows no revenues in 2012, and only $20K as of 9/30/2011, and that was security related. See page 18:

http://www.sec.gov/Archives/edgar/data/1270200/000101968712004224/viaspace_10q-093012.htm

Deloitte Lists VIASPACE in Top 10 Fastest-Growing Clean Technology Companies

From the top 10 list below, you can see we are in good company

http://www.viaspace.com/press_article.php?id=1387



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hedge_fun hedge_fun 12 years ago
Sure it is. Regardless of whether they are in the Top 10 or not, the ranking is based on revenue. It's based on 2600 plus percent revenue growth in clean technology.

You are proving my point about shareholder approval as well. You know good and well VSPC has never had $5MM in revenues from GKG, as is required. They shouldn't even be on the list, yet you are trying to make the point they are ranked even higher than I said in an earlier post.

I am not denying they aren't on the list. I am saying they lied to get there, and shareholders approve. It reminds me of Ruby and his website filled with lies. Karl knew the website was bogus and shareholders here saw my emails pointing it out. It didn't matter. Longs just knew the Dominican Republic deal would happen.

Now Dr. Kevin (the loan shark) Schewe comes into the picture and longs say, "he won't convert, he'll just be hurting himself". The minute he does the justification for diluting the stock begins.

Same with the ranking. Make it as high as you want, but you can't even prove they qualify.

Your move.


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4on4off 4on4off 12 years ago
No, not my move.

Please prove this point you made.

He had a choice and acted like Ruby Sahiwal. He hangs with liars and lone sharks. With shareholder approval, of course.

Feel free to lie further, I know you can't help it since you didn't understand the Deloitte rankings. I do realize that they used "tricky" wording when "clearly" explaining the rankings.
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hedge_fun hedge_fun 12 years ago
I did. The revenue growth was IPA.

Read the filings.

Now please return the favor. Prove VSPC had a 2600 percent from 2007 to 2011. Then explain how it can be anything other than framed art sales.

Karl lied, plain and simple. The Deloitte requirements were clear.

Your move.

TIA
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4on4off 4on4off 12 years ago
He had a choice and acted like Ruby Sahiwal. He hangs with liars and lone sharks. With shareholder approval, of course.

You care to share your proof to back this up?

4
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hedge_fun hedge_fun 12 years ago
Actually it was $2.46 per share.

Read the last 10K

VSPC didn't pay cash because they didn't have any. They paid $16MM in VSPC shares for more than 6.5 million VGREF shares. Now Chang has the VSPC shares and the VGREF shares.

Now VGREF may not have a large shareholder base, but VSPC has had constant selling pressure since I first saw the ticker. It would be hard for someone to unload a substantial position in VSPC as well.

Now you ask what options Karl had as it relates to toxic financing? Why not sell Dr. (B)S VGREF shares in a private placement? He said he was talking to his finance buddies before the default. Why do all the loans VSPC signs have to include common shareholders getting the shaft?

Chang gets 400MM VSPC shares for free.

If the price can hold, Dr. (B)S will triple his money. You said he wouldn't convert, remember?

Jan said the VGREF shares would go fast, remember?

Karl said institutional investors would be attracted to VGREF, remember?

Which brings me back to my original question. What is Karl doing exactly that would suggest success in on the horizon? He is lying to the investing public about VSPC's growth. He acts desperate, not confident. Why pretend you are something you aren't?

He had a choice and acted like Ruby Sahiwal. He hangs with liars and lone sharks. With shareholder approval, of course.

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joshgets46 joshgets46 12 years ago
Are you sure that VSPC paid VGREF $3 in cash for those shares?
My point however is that VGREF does not have a large enough shareholder base that would allow someone to sell quickly if he or she wanted to.
Remember it is not what the company is worth but what people are willing to pay for it. My broker told me years ago that "The Street" knows. Right now it is saying .2188. I might be a buyer at .013.
As far as the toxic financing as you call it, what was Karls options?
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rodman rodman 12 years ago
VSPC could use the VGREF plantation as a staging area. Maybe they can rework that 8% commission in exchange for VSPC's help.
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hedge_fun hedge_fun 12 years ago
So if price is the factor, what does that say about Karl? VSPC has far more bagholders than VGREF.

Who bought 2000 shares of a company that there is no interest in.

Who bought the other shares at much higher prices? Don't forget, VSPC bought millions of VGREF shares at $3 with VSPC shares. Now Chang owns both. GREAT JOB KARL!

I doubt there will be much interest in a Chinese biomas company with Chinese ownedship,

There is far likely to be more interest in penny land, as I have previously posted. Of course Chang will need some good news and a good stock promoter.

Besides, VGREF is more of a biomass company than VSPC. The framed art revenues generated over the last few years were lied about by Karl to suggest they were a growing clean energy company.

My point wasn't to defend Chang. I simply asked what Karl was doing to make VSPC a success? Toxic financing is a huge red flag, yet VGREF is using funds to expand Grassland. Maybe Chang should fill out an application with Deloitte.

VSPC has a history of trading below the 50 day MA. Does this look like 2600% growth to you?















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joshgets46 joshgets46 12 years ago
Yes I can see by the pricethatChang is doing a great job. I am shocked that it is still this high. Who bought 2000 shares of a company that there is no interest in. I doubt there will be much interest in a Chinese biomas company with Chinese ownedship,
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hedge_fun hedge_fun 12 years ago
What indication is there that Karl is trying to make VSPC a success? All he is doing is trying to sell shares, which he is, to Dr. (B)S at a discount. Did you really believe the "lock-up agreement" BS? Karl knows exactly what he is doing and how to pull his "sheeple's" chain. The shares he owns may be locked up, but as long as the company has shares to print, he can sell them, and will. Karl is probably making very good use of the $105K Dr. (B)S "loaned" VSPC.....for himself. He likes to travel to Asia, doesn't he?

Now Chang is using company funds to double the size of Grassland, unlike Karl, and with the right pellet news and numbers we could start seeing a market here......at these levels. Few OTC stocks have a market in Dollar Land.

Besides, the drop in price may benefit Chang.......tax wise.

Is there a CPA in the house?

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joshgets46 joshgets46 12 years ago
Rod, as I pointed out he has no following and is obviously not trying to increase his shareholder base. This limits his ability to raise cash. There is no indication to me that he is trying to make this a huge success. He may very well be better off kissing and making up with VSPC.
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rodman rodman 12 years ago
Mr Chang will come around and request the seperation be amended to allow VGREF to sell GKG outside of China IMO! But there is a price for that!
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joshgets46 joshgets46 12 years ago
Still no market. You may be able to buy but you won't be able to sell.
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hedge_fun hedge_fun 12 years ago
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.
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rodman rodman 12 years ago
Where are the contracts. Glad Mr Chang agreed to the seperation. Maybe he comes back to Dr K & Dr S for guidance like a merger with VSPC for his payment to VSPC in stock surrender. Now that would be cool!
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joshgets46 joshgets46 12 years ago
Rookie evidently there is a market for the pellets that VGREF wants to fill. This is a good sign that there is a demand or why bother.
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justarookie justarookie 12 years ago
Any thoughts on the VGREF press release other than the obvious green log discontinuation. Interested to hear what others think of this "update" from the company.
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hedge_fun hedge_fun 12 years ago
Grassland is adding 230 acres.....

Chang is investing far more in operations than Dr. (B)S ever has or will. Looks like Chang thinks the pellet contract will lead to more. Of course "our friends at DP" moved to Guangdong, didn't they? If Karl only put his money where his mouth was!

So much for.........Chang going at it alone, huh?

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.



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joshgets46 joshgets46 12 years ago
The only real chance it has ison the caribbean Islands because labor is cheap, everything has to be imported and the weather is ideal. I am not sure how well the grass would fair in a hurricane though. I guess they would harvest before it was destroyed.
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hedge_fun hedge_fun 12 years ago
Someone got the supply contract, right? Wasn't it a Chang or a Wang? They only have China and Taiwan (territory) supposedly, but they sell logs right here in Georgia. Not sure how it's going. Why do you think they need a sales(person)?

VGREF's supposed supply contract was going to start generating revs in October according to the PR. The 10K will be an interesting read as it relates to pellet revenues and logs sales. I also think if the pellets can be sold at a lower price than wood pellets (free market capitalism) then it opens far more doors than MOU's with non-existent energy company like the "sister" VSPC signs.

Some retail stocks "beat the street" today, but VGREF's sales dropped 58% year over year per the Q. I think framed art is the bread and butter, but we shall finally see if GKG can turn someone a profit. If it can't with the labor cost in China, I seriously doubt it has a snowball's chance in Hades in the US (not that it ever did).

We'll see

P.S. Waiting on Jason to answer my email, but not holding my breath.
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rodman rodman 12 years ago
As I stated before FWIW Jason said things were going well. Not particularly impressed with his return call but didn't sound like the aggresive salesman type. He did say pr's would be provided.
Suppose they can't afford to hire a salesman?
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hedge_fun hedge_fun 12 years ago
Maybe not, but the former CEO said in April........

VIASPACE CEO Dr. Carl Kukkonen remarked, "We are seeing a strong demand for pellets in Asia and particularly in China where the government has mandated the use of more eco-friendly solutions to coal burning. I have also received inquiries worldwide for pellets using alternatives to wood pellets, and our GKG pellets are the answer. The site in China will be a live demonstration for prospective customers from other countries who want to see a GKG plantation site integrated with fully functional pellet production equipment. At the same time, we will be generating sales and positive cash flow for the company selling domestically in China."

I thought operations were going to start in May, so I expected inventory numbers to be more than NIL.

Not like good 'ole Karl to "project" and miss the mark, huh? 4 years and he still can't get it right.
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joshgets46 joshgets46 12 years ago
Perhaps their customer/sdo not prefer pellets.
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hedge_fun hedge_fun 12 years ago
VGREF has NO pellet inventory on the balance sheet.......

In fact there is no grass inventory at all.

There were suppose to start making pellets in Q2, but nothing shows for Q3.

MARIETTA, Georgia - April 23, 2012-VIASPACE Inc. (OTC Bulletin Board: VSPC - News), and its subsidiary VIASPACE Green Energy Inc. (OTC Bulletin Board: VGREF) today reported that the company has installed state-of-the-art pellet production equipment at its plantation site in Southern China.

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 KingTM Grass ("GKG") pellets in May and the company will begin selling pellets in the Asia market shortly thereafter.

http://www.viaspace.com/press_article.php?id=1366



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hedge_fun hedge_fun 12 years ago
Hobby Lobby loses court battle over Obamacare.......

VGREF's only major customer, Hobby Lobby, lost it's court battle and plans to appeal the decision requiring them to pay for contraception for their employees.

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hedge_fun hedge_fun 12 years ago
Did you actually read what you linked/posted?

Green Log already offers fireplace logs made from purpose-grown Giant King Grass, although they’re rather pricey, and require the buyer to pay a substantial shipping fee.

How is it the USDA mentions the Green Logs? Why is VGREF encroaching upon VSPC's territory? The VGREF Green Log billboards are still up in Georgia!
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rodman rodman 12 years ago
http://finance.yahoo.com/mbview/threadview/?&bn=43cf28b3-fb95-3b21-a06a-91abc5ba4572&tid=1353346088944-777ff6f3-2059-4314-a461-a18724a29fd9&tls=la%2Cd%2C1

Green logs!
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rodman rodman 12 years ago
President Obama to Myanmar then Thailand Monday. Look for him to praise their alternative energy efforts and also their biomass initiatives. Watch for signs of ADB Asian Development Bank. Got an email back from them recently and believe me Mr Chang and VGREF have the inside track toward projects!
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