VIASPACE Inc. (VSPC) recently announced the completion of a financing transaction with Cornell Capital Partners, LP.
Under the terms of the deal, Cornell invested $3.69 million to purchase stock in the Company. This private placement replaces the convertible debenture presently in place with Cornell.
The move is a very positive sign for VSPC, as it signals continued confidence by the investment community in the VIASPACE business model.
Let us hear your thoughts below: