This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

VIASPACE Giant King Grass Planted In Arizona

Stocks in this article: VSPC

WALNUT, Calif., Oct. 8, 2013 /PRNewswire/ -- VIASPACE Inc. (OTCQB: VSPC) today announced that its business partner, Maricopa Bio Crops, LLC of Scottsdale, Arizona, has planted Giant King Grass in Arizona. VIASPACE harvested the Giant King Grass from its propagation nursery in California, and it was planted in southern Arizona on October 1, 2013. This is the first step in the planned initial 4,500 acre Giant King Grass plantation to produce Giant King Grass hay for cattle feed in Arizona. Two additional 4,500 acre phases are also planned.  Maricopa Bio Crops will grow and market the Giant King Grass under VIASPACE direction, and both companies will share the profits.

Mr. Patrick Sweeney, Founder and CEO of Maricopa Bio Crops and Syn Tawa Energy, LLC stated, "We are moving very quickly on this project. I was at the VIASPACE nursery for the harvest and VIASPACE CEO, Dr. Carl Kukkonen, oversaw the planting in Arizona. We used mechanical planting to improve efficiency and reduce planting costs. Our land is irrigated from the Colorado River.  We will initially use the Giant King Grass as animal feed and later as an energy crop for our biorefinery project. Our measured crude protein content of 15.63% shows that Giant King Grass is very nutritious, and our digestibility study showed great results. Giant King Grass hay and silage can provide a reliable and consistent source of quality forage feed for our customers at an attractive price. Arizona has 900,000 cattle and 130,000 dairy cows and this represents a very large market for us. We plan to be feeding cattle in 2014."  

"It is a pleasure to be working with Maricopa Bio Crops," states CEO, Dr. Carl Kukkonen. "They are very professional and their plan is very aggressive.  We will fully support the project. I personally supervised the harvesting and preparation of the propagating material from our nursery in California, and I went to Arizona for the planting. The Maricopa Bio Crops project is our first animal feed plantation and we expect more to follow. There is a large domestic market for animal feed and also an export market to countries like Korea, Japan, United Arab Emirates and Saudi Arabia. Animal feed projects can move forward very quickly and require less capital investment compared to energy projects. We will be pursuing both types of projects in parallel, and many energy projects will also produce animal feed."

VIASPACE Board Chairman, Dr. Kevin Schewe, commented, "Our Arizona animal feed partnership contract with Maricopa Bio Crops was signed on September 13, 2013. We announced the details of our new partnership in a press release dated September 24, 2013. Today we are have announced that the VIASPACE Giant King Grass seedlings from our California nursery were planted in Arizona on October 1, 2013 under the joint supervision of VIASPACE and Maricopa Bio Crops, LLC. This first VIASPACE animal feed plantation partnership illustrates how nimble and quickly we can actually move to develop animal feed projects and our new animal feed business line. The current demand for animal feed represents a sales equivalent of U.S. $300 billion worldwide and is expected to double by 2050. We are now busy working with new clients to address that huge demand while simultaneously pursuing projects that use Giant King Grass as the world's highest-yielding, continually renewable, carbon-neutral, dedicated bioenergy platform crop for: bioelectricity, biomass pellets to co-fire with coal, biomass to liquid biofuels, biochemicals and bioplastics. We are diligently executing our business plan and rapidly expanding our footprint both here in the U.S. and abroad. There has never been a more exciting time for VIASPACE and its shareholders."

Pictures of the Giant King Grass in California and the planting in Arizona are available on the VIASPACE Facebook page www.facebook.com/viaspaceinc.

About Syn Tawa Energy, LLC and Maricopa Bio Crops, LLCSyn Tawa Energy, LLC develops second generation Renewable Energy Refinery plants that combine a new, patented state-of-the-art, commercial scale, low emission cellulosic biomass gasifier with a highly efficient patented gas-to-diesel conversion system that generates premium sulfur free ASTM D-975 diesel fuel at a cost that is below first generation biodiesel and petroleum based diesel fuels.  For more information go to www.syntawaenergy.com or contact Patrick Sweeney at 949-887-6111.

Maricopa Bio Crops, LLC grows renewable bio crops for animal feed and as a feedstock for biomass to liquid fuels production.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs