Viaspace green energy inc.. Stock Analysis VGREF

VIASPACE Green Energy, Inc. is a renewable energy company, which engages in the provision of renewable, nonfood, low carbon, and high yield perennial crop energy. The company is headquartered in Marietta, Georgia and currently employs 67 full-time employees. Giant King Grass is also a feedstock for producing liquid biofuels, including cellulosic ethanol, to replace gasoline for transportation vehicles, and a feedstock for anaerobic bio-digesters to produce bio-methane or natural gas. Giant King Grass also replaces petroleum in the manufacturing of biochemicals, biomaterials, and bioplastics. The company has about 100 hectares under cultivation in Guangdong Province, China. This acreage serves as a nursery to provide seedlings to plant more than 10,000 acres of new crops per year to support biomass projects, including manufacturing biomass pellets for replacing coal in electricity-generating power plants, producing biofuels and biogas, and producing other green-energy products. Its acreage and operations also support commercial production of its other products.