- 15 - Throughout the entire time that Pace operated U.S. Agri, he was a member of the International Jojoba Association. As a member of the International Jojoba Association, Pace participated in the association's drive to increase the overall annual size of the jojoba crop in order to have a readily available source of supply at a reasonable yet profitable price. These efforts may have included the sharing of information regarding field tests among growers of jojoba. In the late summer or early fall of 1982, U.S. Agri produced a videotape primarily aimed at potential general partners for jojoba limited partnerships that described jojoba as "liquid gold" and "the industrial crop of the future". Pace testified that this videotape was distributed to 400-500 people in the financial planning community. Additionally, each general partner of the 12 jojoba research and development limited partnerships serviced by U.S. Agri received a copy of the videotape. According to Pace, his ultimate objective in establishing U.S. Agri, the laboratory, and the greenhouse, in addition to acquiring the 400 acres in Desert Center, was "to develop two or three dozen super hybrid jojoba plants that could be cloned and/or xeroxed, if you will, by virtue of the techniques developed in the lab, for sale to other growers." According to Pace, the land in Desert Center was necessary in order to be able to identify which of the jojoba plants cultured in the lab wouldPage: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
Last modified: May 25, 2011