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TheStreet Open House

VIASPACE CEO Update Part 2 Highlights California And Hawaii Business Activities And Opportunities

WALNUT, Calif., Sept. 16, 2013 /PRNewswire/ -- VIASPACE Inc. (OTCQB: VSPC) CEO, Dr. Carl Kukkonen, today provided an update on recent company business activities. This second of three updates covers the Giant King Grass nursery in California and activities in Hawaii. It complements a previous company update issued on September 4, 2013.  A future third CEO update will cover business activities and opportunities in Southeast Asia.

Dr. Kukkonen reported, "The VIASPACE Giant King Grass propagation nursery and test plot in California is ready to harvest for propagation material (Giant King Grass seedlings) to be sent to customers. The Giant King Grass was cut on March 10, 2013 and is now six months old. It is about 14 feet tall and is fully mature for propagation. We conducted a germination test at five months old and obtained 100% germination which is outstanding."

Kukkonen continued, "The nursery is also a demonstration plot that potential customers can visit to see the Giant King Grass in person.  Although we show pictures of Giant King Grass and it can be seen on our website, seeing it in person reveals the full power and effect. The canopy is fully closed and when you walk inside, you cannot see the California sun. The closed canopy prevents weeds from growing amongst the Giant King Grass without the need for herbicide. The plants are racing each other to get to the sun and get very tall. During the last few months we have had visits from potential customers from Central America, the Caribbean, Philippines, India, Pakistan and the US.  The nursery is not open to the public, but only to serious potential customers that have signed nondisclosure agreements."

"In addition, we recently announced results of independent and third-party testing that show when Giant King Grass is cut frequently at 4-5 feet tall, it is an excellent, high protein animal feed. The testing data demonstrate that Giant King Grass is very similar in nutritional value to oat hay. We have just recently expanded our California Giant King Grass nursery with additional land dedicated to further develop, implement and support our animal feed business line. This is an important new aspect of our overall business strategy to accelerate and augment our sources of revenue."

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