Nov. 22, 2011
(OTC Bulletin Board: VSPC), a clean energy company growing Giant King™ Grass as a low-carbon, renewable biomass dedicated energy crop, and its subsidiary VIASPACE Green Energy Inc. (OTC Bulletin Board: VGREF), today announced that its CEO
has conducted an exclusive new audio-taped webcast interview so that shareholders and the investment community can learn more about the Company's recently developments and its growth plans. Unrestricted access to the webcast is now available on the "Webcasts" page at
. Investors who wish to receive The Green Baron Report for free can join at
The Green Baron Report issued an updated "Stock Pick" profile on VIASPACE Inc. dated
Monday, November 7, 2011
to its members that is available on their website. The report focused on news about VIASPACE's proprietary Giant King Grass being used to fuel a proposed 90 MW biomass power plant project in
. The landmark agreement for VIASPACE would support the largest biomass power project being developed in
The interview is summarized below.
Question: Please give us a brief overview of the history of VIASPACE.
VIASPACE was founded in 1998 and became public in 2005. Originally the company focused on products that were licensed from the Caltech NASA Jet Propulsion Laboratory. The original technologies came via the space program-- that is how the company got its name VIASPACE. From 1984 until 1998 I was director of a research center at the Jet Propulsion Laboratory.
VIASPACE is now focused on renewable energy, in particular we focus on biomass energy which is energy derived from living things like plants.
Question: I understand that VIASPACE has a proprietary dedicated energy crop called Giant King™ Grass which you grow as a low-carbon fuel for electricity generating power plants, and as a feedstock for making energy pellets and cellulosic biofuels such as ethanol and butanol. Please explain the characteristics of Giant King Grass in more detail and why it has such great potential as an energy crop.
First it is important to understand how biomass is used for energy today, and why a dedicated energy crop is needed.