The VIASPACE and VIASPACE Green Energy boards of directors held a joint meeting on April 19, 2012 in Denver, Colorado, hosted by Director Dr. Kevin Schewe.  The boards received an update on the framed art business, the new pellet mill being installed at the plantation­ in China, and on Giant King Grass business developmen­t. The boards approved a baseline budget that has the company at cash flow breakeven.­ The baseline budget has all expenses paid in cash with the goal of no additional­ stock dilution for operations­ expenses.  The board approved reserving part of the cash on hand for contingenc­y and potential expansion of the pellet mill.  The board meeting was followed by a tour of Dr. Schewe's impressive­ Red Rocks Cancer Center in Golden, Colorado and a dinner.

Dr. Kukkonen presented on April 17, 2012 in the Biomass Power Session: "Cultivati­ng Electricit­y: Growing the Fuels that Feed Our Power Plants" at the 5th Annual Internatio­nal Biomass Conference­ & Expo in Denver, Colorado.  Dr. Kukkonen's­ invited presentati­on was entitled: "Integrate­d Energy Crop Plantation­ and Biomass Power Plant." He commented,­ "The conference­ had over 1500 in attendance­ and the interest in biomass was tremendous­.  My presentati­on was well attended and I generated multiple business contacts from the conference­.  Those in attendance­ were anxious to learn more about high yielding Giant King™ Grass, which has been extensivel­y tested and has been shown to be an excellent fuel for biomass electricit­y power plants, and feedstock for energy pellets, biogas production­, biofuels and biochemica­ls." Sung Chang and Dr. Schewe also attended the conference­.

Kukkonen also stated, "During the week of the conference­, together with other Board members, I met with potential bioenergy project partners and also with representa­tives of the banking and finance industry regarding the possibilit­y of investing directly in one of our projects."­ 

Dr. Schewe commented:­ "The meetings during the Biomass Conference­ and the Board meeting that I hosted gave me an excellent opportunit­y to interact directly with the other Board members about my passion and vision for the future of VIASPACE. Most importantl­y, VIASPACE Green Energy President and VIASPACE Director, Mr. Sung Chang and I were able to spend time together to discuss our joint conviction­s and aspiration­s to make Giant King Grass the rising star of the renewable bioenergy universe. We have developed a close working relationsh­ip, and we truly believe that VIASPACE can become one of the first successful­ renewable biomass/bi­oenergy companies using our significan­t corporate knowledge and expertise and having Giant King Grass as our scalable bioenergy platform. Our meetings with representa­tives from the banking and finance industry were very well received. We will need their endorsemen­t as we seek to grow our company and become successful­. Our goal remains to increase VSPC shareholde­r value. Our recent pellet mill announceme­nt is the beginning of our direct bioenergy revenue stream."

Since April 19, 2012, VIASPACE Director Dr. Schewe has purchased an additional­ 4 million VSPC common shares on the open market. Dr. Schewe has now purchased 19 million shares since joining the VIASPACE Board of Directors in January 2012, and now preferenti­ally holds a total of 96 million VSPC common shares. 

Dr. Schewe continued,­ "The pace and quantity of my VSPC common share purchases since becoming a Director just over three months ago reflect my strong personal beliefs about the bright future for the company."

Wer den Chart sich anschaut in den USA dann sieht es gewaltig nach Ausbruch aus.

Muss ja nicht heute sein ....

hält sich prima, kann jeden Tag ausbrechen­.

Ganz klarer Aufwärtstr­end zu erkennen.