VIASPACE CEO, CFO and Director Agree to Lockup Stock Shares
Walnut, California-- VIASPACE Inc. (OTCQB: VSPC) today announced that CEO, Dr. Carl Kukkonen; CFO, Stephen Muzi and Board Director, Angelina Galiteva have all agreed to a 6 month lock-up of their VIASPACE stock shares. Under the agreements for the separation of VIASPACE and VIASPACE Green Energy, insiders holding approximately 525 million common shares (including Sung Chang and VIASPACE Board Chairman, Dr. Kevin Schewe) agreed to a 6 month lock-up of their shares. This new agreement represents approximately 108 million additional shares. In total, insiders holding about 633 million