I hope that 2012 has been a happy and prosperous year for you. I'd like to provide a brief update on VIASPACE activities in 2012. It has been a good year for us and 2013 looks even better. Giant KingTM Grass is now widely recognized as a leading energy crop and we have signed several contracts to supply Giant King Grass for bioenergy projects. The global economy is still weak, but biomass energy projects are picking up steam. As a US public company (stock symbol VSPC) we have become recognized as a clean tech leader. Highlights are below.
o Myanmar is peacefully transitioning from military rule to a democracy. President Obama visited Myanmar in November.
o Myanmar needs electricity and has perfect weather for growing Giant King Grass.
In 2013, we will be pursuing additional projects, and we plan on serving as codeveloper of power plant projects in addition to being the dedicated energy crop supplier. We are also in discussions with customers who are interested in Giant King Grass for cellulosic biofuels and biochemicals.
Carl Kukkonen, Chief Executive Officer VIASPACE Inc.
Note: To receive a PDF version of his update with pictures, please send an email request to info@viaspace.com.