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Viaspace Inc.  (VSPC)
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Viaspace Inc's

Competitiveness


 

VSPC Sales vs. its Competitors Q1 2019



Comparing the current results to its competitors, Viaspace Inc reported Revenue increase in the 1 quarter 2019 by 400 % year on year, while most of its competitors have experienced contraction in revenues by -3.54 %, achieved in the same quarter.

List of VSPC Competitors





Revenue Growth Comparisons




Net Income Comparison


Viaspace Inc., slower than the average decrease reported by the company's competitors of -80.49 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -80.49 %

<<  VSPC Stock Performance Comparisons


Viaspace Inc's Comment on Competitors and Industry Peers


Many companies, universities and research laboratories worldwide are investigating grass as a feedstock for cellulosic ethanol and other applications. Monsanto is an example of a large company focusing on grass as a biofuel. Ceres is an example of a company focusing on biomass and grass in particular. Much of the competition is looking at miscanthus or switchgrass. These grasses are suitable for temperate areas. Much of the competition also is focused on selling seeds. GKG is a natural hybrid that is not genetically modified nor generally available, and to our knowledge no one else is growing GKG besides VIASPACE Green Energy, Inc. (“VGE”), as a commercial crop. Based on publicly available data on switchgrass and miscanthus, compared to our data on GKG, we believe that GKG has higher productivity than these and other competing grasses. GKG is most suitable for tropical and subtropical areas, which are the focus of the our efforts. Because GKG is propagated by seedlings and not by seeds, it is not an invasive species. We are focusing on projects involving growing the grass and securing long-term supply contracts for biofuel production, as a replacement for coal and electricity generation, and as animal feed. With long-term supply contracts and joint ventures, we plan to capture these recurring revenue streams.