VIASPACE, Inc. (VSPC.OB) Subsidiary Approved for Listing on OTC Bulletin Board

QualityStocks would like to highlight VIASPACE, Inc. (OTCBB: VSPC). 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 and as a feedstock for cellulosic biofuels. 

In the company’s news yesterday,

VIASPACE Inc. announced that its majority-owned subsidiary VIASPACE Green Energy Inc. (VGE) has received approval to list on the OTC Bulletin Board. It is anticipated that the shares of VGE common stock will trade under the stock symbol VGREF.

According to the press release, the Financial Industry Regulatory Authority (FINRA) approved VGE’s application for quotation on the OTC Bulletin Board on January 14, 2010. VGE’s market maker will file a priced quotation with FINRA, and trading of VGE shares is expected to begin soon.

VGE’s S-1 filing and registration as a separately reporting public company was declared effective by the U.S. Securities and Exchange Commission on December 31, 2009. The filing is available to the public at www.SEC.gov under VIASPACE Green Energy.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.