Today before the opening bell, VIASPACE announced that its Board of Directors agreed to extend the lock-up of their VIASPACE common stock shares for an additional 90 days, through June 30, 2013. VIASPACE CFO, Mr. Stephen Muzi; Director of Communications, Dr. Jan Vandersande; and Director of Social Media Outreach, Ms. Jaclyn Kenner, also decided to lock-up their VSPC common shares through June 30, 2013. The approximate number of shares involved in the lock-up extension totals 240,000,000.
“The VIASPACE Board and Management have been extremely pleased with the performance of VIASPACE since becoming a free-standing company on October 1, 2012,” stated Dr. Schewe. “At that time, we announced a 6-month lock-up of insider share sales. Given the pace of our corporate progress and the momentum that we have achieved, we felt it important to continue the lock-up for another 90 days as we work hard to continue to increase the scope of our general shareholder base of investors. In addition, Dr. Kukkonen has two significant foreign trips to meet with clients in April and we are looking forward to sharing the news of those trips and providing exciting updates on existing projects in the near future.”
For more information, visit www.viaspace.com
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