Thursday, May 27, 2010

More Green Baron “Stock Picks” Coming – The Green Baron Report “Stock Picks” are so hot, we have plans to issue two more brand new selections over the coming two weeks.  A “Stock Pick” represents our strongest level of coverage.  Next week, we expect to issue a new “Stock Pick” after the close on Wednesday, June 2, and it looks like another on Tuesday, June 8.  Please mark your calendars now!

For your information, our Green Baron Editor in Chief has been asked to conduct an interview on Money TV that will tape later today.  See the new show at www.MoneyTV.net beginning Thursday evening and in select markets over the weekend on cable stations.

 

“Stock Pick” Update

(BB: VSPC)

New Green Baron “Stock Pick” Rallies on Fourth Biggest Volume Day of the Year

News Article Released Yesterday: AXcess News: Environmental Company Gives Green Consumers Something to Cheer About

Wow, what a huge day for VIASPACE!  In the first day of trading following release of our new “Stock Pick” report, VSPC rallied as much as 12.5% on whopping volume of 5,337,667 shares, over three times the 50-day average and the fourth biggest volume day for year 2010.  It was also the biggest one day of volume since mid February.

Some of the activity and excitement is over its new product, Green Log™ that was announced the previous day.  A story was written by AXcess News indicates that consumers conscious over buying environmentally friendly products like this may gravitate toward purchases in the future.  See full article below, and look for VSPC to continue its march higher:

HOUSTON, TX -- (MARKET WIRE)  -  As environmental products move up in the marketplace, retailers are making more shelf space available as "going green" becomes the mantra of marketers everywhere. For Viaspace, Inc. (OTCBB: VSPC) those advances might just pay off after the company introduced the first fully renewable biomass product, Green Log, at this year's National Hardware Show in Las Vegas.

Green Logs are fireplace logs manufactured from Giant King Grass, a proprietary variety of grass which grows at a remarkable pace, which is the dreamchild of Doctor Carl Kukkonen, a former Ford Motor Co. researcher who led Ford's research team in the development of hydrogen as an alternative fuel before moving on to work at NASA where he served as Director of the Center for Space Microelectronics Technology. Kukkonen, now Chairman and CEO of Viaspace, envisions Giant King Grass as the biomass fuel of the future.

Seeing it developed for the $400 million a year consumer firelog market, Kukkonen called Green Logs a “stepping stone” to cash flow growth in order to develop Giant King Grass into a recognized global biomass fuel source.

"Green Logs complement our strategy," Dr. Kukkonen said.

Viaspace's plans are to enter the lucrative U.S. fireplace log market with a bang, and according to buyers at last week's National Hardware Show, Viospace's Green Logs were a hit. "This is exactly the kind of product we're looking for," said a national grocery chain's buyer who attended the 2010 show in Las Vegas.

Green is In

According to Green Futures, a UK organization focused on sustainable development, three in ten American adults were considered "green consumers" in a survey conducted in 2005. Those consumers brought 229 billion dollars of spending power to the U.S. market that year alone. Last year, the Financial Times put the number far in excess of that.

Bill Ryan, business development specialist with the University of Wisconsin Extension, Center for Community & Economic Development, says two-thirds of Americans "worry about the environment," buying products that are healthier and less harmful to society and the environment.

For Kukkonen's Viaspace, that type of sentiment is playing well for the introduction of his company's Green Logs into the marketplace. The company expects to report orders as soon as August, having shipped samples to buyers in April from Viaspace's manufacturing plant in China's Guangdong province.

About VIASPACE Inc.

VIASPACE is a clean energy company providing products and technology for renewable and alternative energy that reduce or eliminate dependence on fossil and high-pollutant energy sources. Through its majority-owned subsidiary VIASPACE Green Energy Inc., the Company grows Giant King Grass as a low carbon fuel for electricity generating power plants, as a feedstock for bio methane production and cellulosic biofuels, and for other low-carbon, renewable energy products. For more information, please go to www.viaspace.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or IR@VIASPACE.com.