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VIASPACE Chairman and CEO Attend EUEC 2013, Giant King Grass Prominently Featured in Convention Exhibit Hall
Date:2/4/2013

e competing products in the bioenergy universe, but we are moving fast to make GKG the preferred platform product because its extremely high yield makes more economic sense than its competitors."

Question: When will VIASPACE be profitable?

Answer: Dr. Schewe responded, "This Company has never been run leaner than its current overhead structure. Both our CEO and CFO took one-third salary pay-cuts on October 1, 2012 when VIASPACE became a stand-alone company. I personally have not drawn a salary for all the work that I have done for the Company. Our other employees work as independent contractors and we rigorously control those costs. All that said, given the number and significance of the deals in our pipeline, I personally believe that we can achieve profitability in 2014."

Question: Is our common stock (VSPC) headed for a reverse split?

Answer: Dr. Schewe responded, "There are no plans for a reverse split this year or in the near future. I currently hold just north of 130,000,000 common VSPC shares and I purchased each and every one of those shares with my hard-earned money. I purchased more than half of those shares on the open market and the rest at a 20% discount to the prior month's average trading price according to my formal agreement to assist in funding the ongoing operations of the Company. I believe that VIASPACE is somewhat unique among penny stocks at this time because the Chairman of the Board wasn't given his stock or awarded his stock in exchange for his work, advice or expertise--he personally paid for it and looks at the stock's value appreciation as does any other common shareholder. If we had adequate corporate revenues at this very moment, my philosophy would be to use that revenue for continued organic corporate growth and to institute a formal share buy-back plan and retire those common shares as we buy them back to decrease the overall share count. Both actions would work together to significantly i
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