VIASPACE, Inc. (OTC: VSPC) today announced that it
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The project was announced at the Farmer's Summit held on December 06, 2018, in Vigan, Philippines by Mr. Ryan Singson, the Governor of Ilocos Sur Province. The Giant King Grass, provided by VIASPACE, will be grown by local farmers in Ilocos Sur Province, processed into compressed bales and pellets by the Philippines conglomerate, LCS Group of Companies, and then shipped to GERMADE customers in Korea to feed cattle, dairy cows, horses and other animals.
VIASPACE Vice-Chairman, Mr. Haris Basit and founder, Dr. Carl Kukkonen, attended the Farmer's Summit together with a delegation of 27 people from South Korea representing government organizations and potential customers. GERMADE CEO, Tae Hwan (Jeremy) Kim, and Dr. Kukkonen were speakers as well as Governor Singson. The Farmer's Summit was held in an outdoor stadium with a focus on growing Giant King Grass and the economic opportunities for local farmers.
Mr. Kim emphasized that Giant King Grass has been thoroughly tested as animal feed in South Korea and that customers were ready to purchase as much as could be produced. He pointed out that LCS Group of Companies headed by former Governor (and fathe r of the current Governor) Luis "Chavit" Singson would build the plant and infrastructure needed to process and ship the Giant King Grass animal feed to South Korea.
Dr. Kukkonen stated that Giant King Grass was successfully growing in the Philippines, had been extensively tested by independent laboratories and was excellent animal feed. Giant King Grass is perennial and grows very well in the Philippines. Governor Ryan Singson told the farmers assembled at the Summit that they could grow Giant King Grass under contracts and had the opportunity to make larger profits then with the current crops they are growing. The presentations made at the Farmer's Summit by Dr. Kukkonen and Mr. Kim along with some pictures taken at the event are available on the VIASPACE website www.VIASPACE.com.
VIASPACE Vice-Chairman, Mr. Haris Basit, stated, "We are excited about this project because the framework of key players are all in place and we will be actively providing agricultural support to GERMADE to establish the initial Giant King Grass plantation in Ilocos Sur Province. In addition, Mr. Kim has effectively arranged South Korean animal feed customers for Giant King Grass hay grown in the Philippines." Watch it grow!