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VEGL: CUSIP suspended. FINRA deleted symbol:
https://otce.finra.org/otce/dailyList?viewType=Deletions
Have no idea. Haven't looked at it in a few years
This coming back to life here?
DO NOT BE DECEIVED!!!
ACCORDING TO RECENTLY OBTAINED COURT RECORDS, VEGALAB, INC'S PRIMARY SHAREHOLDER NAMED DAVID DRAGAN SELAKOVIC ("SELAKOVIC") HAS TESTIFIED IN ADOBE SYSTEMS CREDITOR HEARING TO THE FOLLOWING, INCLUDED, BUT NOT LIMITED TO;
* VEGALAB, INC IS INSOLVENT NO LONGER MANUFACTURERS OR DISTRUBUTES VEGALAB'S PRODUCTS.
* SELAKOVIC AND HIS ATTORNEYS USED FUNDS FROM VEGALAB, INC'S INVESTORS TO PAY DOWN A $1.8 MM JUDGMENT THAT ADOBE SYSTEMS SUCCESSFULLY OBTAINED AGAINST SELAKOVIC PERSONALLY!
* SELAKOVIC, ACTING ON BEHALF OF VEGALAB, INC. INC. APPEARS TO HAVE ALSO PURPOSELY FAILED TO DISCLOSED A DECISIVE PERMANENT INJUNCTION THAT ADOBE SYSTEMS HAS SUCCESSFULLY OBTAINED OVER SELAKOVIC PERSONALLY.
* VEGALAB, INC IS NOTHING MORE THAN AN ALTER-EGO CORPORATE ENTITY OWNED BY SELAKOVIC.
* ADOBE SYSTEMS "BUSTED" SELAKOVIC AND HIS LONGTIME BUSINESS PARTNER NAMED STEVE BLACKBURN OF WEST PALM BEACH FLORIDA FOR THE UNLAWFUL MANUFACTURING, DISTRIBUTION, AND SALES OF OVER 370,00 INDIVIDUAL UNITS OR PRODUCT KEY-CODES OF COUNTERFEIT, FAKE, OR UNAUTHORIZED VERSIONS OF ADOBE' SOFTWARE PRODUCTS.
ACCORDING TO NEWS REPORTS AND LINK BELOW, STEVE BLACKBURN APPEARS TO HAVE ILLEGALLY SOLD COUNTERFEIT ADOBE SOFTWARE FOR OVER 20 YEARS!!
https://www.courthousenews.com/alleged-adobe-bootlegger-held-in-contempt-in-fla/
"A Florida man alleged to have sold counterfeit Adobe software for at least 20 years..."
" In a lawsuit filed in Miami Federal Court on August 21, 2014, Adobe Systems Inc. claims that defendant Steven Blackburn and business entities he controls willfully sold counterfeit and/or bootlegged Adobe-branded software since at least 1993"...
LINK TO DAVID SELAKOVIC' TESTIMONY IN ADOBE SYSTEMS CASE CAN BE VIEWED ON THE LINK BELOW.
http://assets2.pacermonitor.com/filings/Adobe_Systems_Incorporated_v_Beas_Hive_LLC/Adobe_Systems_Incorporated_v_Beas_Hive_LLC__flsdce-14-81102__0244.0.pdf?X-Amz-Security-Token=IQoJb3JpZ2luX2VjEBgaCXVzLWVhc3QtMSJIMEYCIQCsM36PABnX3WOQ5LlazCxrDQn4JCv5qq3B6crvqO8n2wIhAN2FXsO2OOOGgVi%2FgQEsr5hD4cn2GHPo1H1knOzwwFJHKr0DCLH%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEQARoMOTI0NjUxNDA4Mzk4Igw0ixKUSpku0%2FJxLx8qkQNnDDi%2BoTdlcK5iPXk4a4d3Qp%2BD%2FgWOeI2kzoVb%2BAuxtzDywj1yVOEnGvnOclicOZTTykk9PKnBCYxdH%2Fi0bNsAls7H%2Fn5rffuQWSDOM4eNM6z91zfZQ7%2FdjwwNsHPWmFnskNMQpO1Epy9adsJ9Sc93cGU7veNRGTLmU9wjn9sY%2BudE8%2BOvPZCH6it6H0ylsesPSr8r068wl24tl8EEf0M6S5gGEEbWeiQyLRTSI9sjp21cbUz%2BULwb7PbhboQC0ucqUA6pOo5ST%2BRy5mygCeEN%2F1oyfGINJ8yKSDlsr72bZCllqGIBJL2Zxju8gmTrCX8wEmUJsKMTbhESHXRa9HUJIVFayVlhWpRMn4RiQ60T%2BARNax8531eASPQADP2J5KRL3xBOL367Ht3TC7C6dXco1IhXI1o2RMD81SQgGQWhrim%2FsggEwJH4lcu%2Fsuwra4pUsHH%2Blvavhu5r%2BhCNz9DayNwQQ0h4vUtx2pw4h%2BKz6zKOKFvXmRBgd%2BCra%2BKE7X92tpcKVY8KFCHJsHddteAAWjDex4n4BTrqASIBBalAL%2FmZ0Lca%2FY6KLcHan1bCmHTz%2FWkn3TmtcZUtCSPKiG%2FU3mWD8L4smQST1IkLbFqNwXWCbjGJFTywl4fbqBUy5JmQaGpF1R1vkyzuZlnQpf5zLhC18zGt5OiaGP%2BensUHHBtCZS5vDPLZuRtvuSkfZD8tgiyUMUUSiGl1Xq%2Fa2YbL6dotj0Cill8FL55yh1E2ibxS7fSCWcRLd%2FdgHTlPWwmay0FdyiC79u85wuS3jozxVGtkO7L%2BoXhN9jaG%2B3fRjdRHr5oas0J7S8hdIgWlOfaITRuiUNz1uEovz857CZg9ePLdHQ%3D%3D&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20200706T011742Z&X-Amz-SignedHeaders=host&X-Amz-Expires=600&X-Amz-Credential=ASIA5OSMEZQHBAEMYA77%2F20200706%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=0a133cd1ae910f4f9cdbcfa1b86213d30bfb5dfe9ecd7ecc9323dcd2adaa92f6
DAVID dragan SELAKOVIC AND VEGALAB INC FRAUD!!
DAVID dragan SELAKOVIC, IS VEGALAB, INC.' MAJORITY SHAREHOLDER WHOSE ENTIRE BUSINESS MODEL IS BASED ON FRAUDULENT AND DECEPTIVE BUSINESS PRACTICES.
DAVID DRAGAN SELAKOVIC AND VEGALAB, INC. HAVE INTENTIONALLY MISLED INVESTORS BY PURPOSELY FAILING TO DISCLOSE SEVERAL MASSIVE FEDERAL CIVIL LAWSUITS AGAINST DAVID DRAGAN SELAKOVIC AND VEGALAB INC.
ADOBE SYSTEMS INCORPORATED RECENTLY "BUSTED" DAVID dragan SELAKOVIC FOR ILLEGALLY MANUFACTURING, DISTRIBUTING, AND SELLING OVER 370, 000 INDIVIDUAL FAKE, UNAUTHORIZED, OR COUNTERFEIT VERSIONS OF ADOBE SYSTEMS' SOFTWARE PRODUCTS.
ADOBE SYSTEMS RECENTLY OBTAINED A FEDERAL COURT RULING OVER DAVID dragan SELAKOVIC FOR 1.8 MILLION DOLLARS THAT VEGALAB, INC. AND DAVID dragan SELAKOVIC HAVE ALSO INTENTIONALLY CONCEALED AND PURPOSELY FAILED TO DISCLOSE TO THE VEAGALB, INC.' INVESTORS.
PLEASE SEE ADOBE SYSTEMS VS DAVID SELAKOVIC, BEAH'S HICE LLC., CIVIL CASE NUMBER 9:14-cv-81102 DOCKET ENTRY 243
BELOW IS A LINK TO ADOBE SYSTEMS PERMANENT FEDERAL INJUNCTION OVER DAVID dragan SELAKOVIC.
https://www.govinfo.gov/content/pkg/USCOURTS-flsd-9_14-cv-81102/pdf/USCOURTS-flsd-9_14-cv-81102-0.pdf
DAVID dragan SELAKOVIC, IS VEGALAB, INC.' MAJORITY SHAREHOLDER WHOSE ENTIRE BUSINESS MODEL IS BASED ON FRAUDULENT AND DECEPTIVE BUSINESS PRACTICES.
DAVID DRAGAN SELAKOVIC AND VEGALAB, INC. HAVE INTENTIONALLY MISLED INVESTORS BY PURPOSELY FAILING TO DISCLOSE SEVERAL MASSIVE FEDERAL CIVIL LAWSUITS AGAINST DAVID DRAGAN SELAKOVIC AND VEGALAB INC.
ADOBE SYSTEMS INCORPORATED RECENTLY "BUSTED" DAVID dragan SELAKOVIC FOR ILLEGALLY MANUFACTURING, DISTRIBUTING, AND SELLING OVER 370, 000 INDIVIDUAL FAKE, UNAUTHORIZED, OR COUNTERFEIT VERSIONS OF ADOBE SYSTEMS' SOFTWARE PRODUCTS.
ADOBE SYSTEMS RECENTLY OBTAINED A FEDERAL COURT RULING OVER DAVID dragan SELAKOVIC FOR 1.8 MILLION DOLLARS THAT VEGALAB, INC. AND DAVID dragan SELAKOVIC HAVE ALSO INTENTIONALLY CONCEALED AND PURPOSELY FAILED TO DISCLOSE TO THE VEAGALB, INC.' INVESTORS.
PLEASE SEE ADOBE SYSTEMS VS DAVID SELAKOVIC, BEAH'S HICE LLC., CIVIL CASE NUMBER 9:14-cv-81102 DOCKET ENTRY 243
BELOW IS A LINK TO ADOBE SYSTEMS PERMANENT FEDERAL INJUNCTION OVER DAVID dragan SELAKOVIC.
https://www.govinfo.gov/content/pkg/USCOURTS-flsd-9_14-cv-81102/pdf/USCOURTS-flsd-9_14-cv-81102-0.pdf
DAVID dragan SELAKOVIC, IS VEGALAB, INC.' MAJORITY SHAREHOLDER WHOSE ENTIRE BUSINESS MODEL IS BASED ON FRAUDULENT AND DECEPTIVE BUSINESS PRACTICES.
DAVID DRAGAN SELAKOVIC AND VEGALAB, INC. HAVE INTENTIONALLY MISLED INVESTORS BY PURPOSELY FAILING TO DISCLOSE SEVERAL MASSIVE FEDERAL CIVIL LAWSUITS AGAINST DAVID DRAGAN SELAKOVIC AND VEGALAB INC.
ADOBE SYSTEMS INCORPORATED RECENTLY "BUSTED" DAVID dragan SELAKOVIC FOR ILLEGALLY MANUFACTURING, DISTRIBUTING, AND SELLING OVER 370, 000 INDIVIDUAL FAKE, UNAUTHORIZED, OR COUNTERFEIT VERSIONS OF ADOBE SYSTEMS' SOFTWARE PRODUCTS.
ADOBE SYSTEMS RECENTLY OBTAINED A FEDERAL COURT RULING OVER DAVID dragan SELAKOVIC FOR 1.8 MILLION DOLLARS THAT VEGALAB, INC. AND DAVID dragan SELAKOVIC HAVE ALSO INTENTIONALLY CONCEALED AND PURPOSELY FAILED TO DISCLOSE TO THE VEAGALB, INC.' INVESTORS.
PLEASE SEE ADOBE SYSTEMS VS DAVID SELAKOVIC, BEAH'S HICE LLC., CIVIL CASE NUMBER 9:14-cv-81102 DOCKET ENTRY 243
BELOW IS A LINK TO ADOBE SYSTEMS PERMANENT FEDERAL INJUNCTION OVER DAVID dragan SELAKOVIC.
https://www.govinfo.gov/content/pkg/USCOURTS-flsd-9_14-cv-81102/pdf/USCOURTS-flsd-9_14-cv-81102-0.pdf
DAVID dragan SELAKOVIC, IS VEGALAB, INC.' MAJORITY SHAREHOLDER WHOSE ENTIRE BUSINESS MODEL IS BASED ON FRAUDULENT AND DECEPTIVE BUSINESS PRACTICES.
DAVID DRAGAN SELAKOVIC AND VEGALAB, INC. HAVE INTENTIONALLY MISLED INVESTORS BY PURPOSELY FAILING TO DISCLOSE SEVERAL MASSIVE FEDERAL CIVIL LAWSUITS AGAINST DAVID DRAGAN SELAKOVIC AND VEGALAB INC.
ADOBE SYSTEMS INCORPORATED RECENTLY "BUSTED" DAVID dragan SELAKOVIC FOR ILLEGALLY MANUFACTURING, DISTRIBUTING, AND SELLING OVER 370, 000 INDIVIDUAL FAKE, UNAUTHORIZED, OR COUNTERFEIT VERSIONS OF ADOBE SYSTEMS' SOFTWARE PRODUCTS.
ADOBE SYSTEMS RECENTLY OBTAINED A FEDERAL COURT RULING OVER DAVID dragan SELAKOVIC FOR 1.8 MILLION DOLLARS THAT VEGALAB, INC. AND DAVID dragan SELAKOVIC HAVE ALSO INTENTIONALLY CONCEALED AND PURPOSELY FAILED TO DISCLOSE TO THE VEAGALB, INC.' INVESTORS.
PLEASE SEE ADOBE SYSTEMS VS DAVID SELAKOVIC, BEAH'S HICE LLC., CIVIL CASE NUMBER 9:14-cv-81102 DOCKET ENTRY 243
BELOW IS A LINK TO ADOBE SYSTEMS PERMANENT FEDERAL INJUNCTION OVER DAVID dragan SELAKOVIC.
https://www.govinfo.gov/content/pkg/USCOURTS-flsd-9_14-cv-81102/pdf/USCOURTS-flsd-9_14-cv-81102-0.pdf
THE END
https://ih.advfn.com/stock-market/USOTC/vegalab-inc-VEGL/stock-news/80922902/termination-of-registration-of-a-class-of-security
Termination of Registration of a Class of Security Under Section 12(g) (15-12g)
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
SUPER BUYER BEWARE!!!!
ON OR ABOUT SEPTEMBER 19, 2019, VEGALAB, INC.' MAJORITY SHAREHOLDER NAMED DAVID dragan SELAKOVIC WAS REQUIRED TO TESTIFY IN FEDERAL COURT PROCEEDINGS AS TO HOW AND WHY DAVID SELAKOVIC SYPHONED MONEY FROM VEGALAB, INC.' COFFERS TO HELP PAY FOR A 1.8 MILLION DOLLAR JUDGEMENT, PERMANENT INJUNCTION, AS WELL AS CONFIDENTIAL SETTLEMENT AGREEMENT THAT ADOBE SYSTEMS HAD PREVIOUSLY OBTAINED OVER DAVID dragan SELAKOVIC PERSONALLY!
VEGALAB, INC. AND DAVID SELAKOVIC REPEATEDLY FAILED TO WARN, REPORT, DISCLOSE, OR ADVISE VEGALAB, INC. INVESTORS ABOUT THIS RATHER DISTURBING MATERIAL INFORMATION THAT COULD POTENTIALLY, NEGATIVELY, AND ADVERSELY AFFECTED VEGALAB, INC.' SHARE PRICE AND INVESTORS.
TO CONFIORM THESE FACTS PLEASE FEEL FREE TO REVIEW ADOBE SYSTEMS COURT DOCKET BELOW:
Adobe Systems Incorporated v. Bea's Hive LLC DAVID SELAKOVIC - CIVIL CASE NUMBER 9:14-cv-81102 - DOCKET ENTRY 237 - Plaintiff's MOTION to Amend/Correct Consent Final Judgment and Add Non-Party ("VEGALAB, INC.") as Judgment Debtor by Adobe Systems Incorporated
https://www.pacermonitor.com/case/5279680/Adobe_Systems_Incorporated_v_Beas_Hive_LLC
HPC Acquisitions Inc., HPCQ, changed to Vegalab, Inc., VEGL:
http://otce.finra.org/DLSymbolNameChanges
Vegalab US and Fertica Enter Exclusive Distribution Agreement for Guatemala
PALM BEACH, Fla., Jan. 10, 2017 /PRNewswire/ -- HPC Acquisitions, Inc. (HPCQ) DBA Vegalab US, a biotech company focused on delivering biological pesticides and natural fertilizers using its proprietary micronization and nanotechnology, has announced an exclusive distributor agreement with Fertica Group for its products in Guatemala. Fertica is the only manufacturer of edaphic-TVA process fertilizers in Central America and a leading distributor of plant food.
Vegalab US has granted Fertica exclusive rights to promote, market, and sell its line of bioproducts to farmers in Guatemala. Apart from Guatemala, Fertica also operates in El Salvador, Honduras, Nicaragua, Costa Rica and Panama, with total annual sales of $200M.
"We are particularly interested in Vegalab's selection of biopesticides. Biological alternatives to chemical pesticides have attracted much attention here in Guatemala, and we want to provide farmers with the best performing products available," said Julio Martinez, Manager of Fertica for Guatemala.
"We are very excited to have one of Central America's leading distributors of plant protection products partnering with us in our effort to shift the use of chemical pesticides to safer biological pesticides," said Steven Blackburn, Director of Business Development for Vegalab US.
Vegalab US will retain responsibility for product development, quality management, and manufacturing, while Fertica will be responsible for sales, marketing, customer support, and distribution activities in Guatemala.
About Vegalab US
Vegalab US is committed to supporting sustainable agriculture through technological innovation. Our product line consists of biological pesticides, fertilizers, and specialty biological agents that are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. The active ingredients in our solutions consist primarily of oil extracts from various plant sources. Applying our proprietary micronization and nanotechnology to these powerful natural agents allow Vegalab to create products that foster a healthier world.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities, and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated, or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
PR contact:
Sarah Andrews
139792@email4pr.com
800-208-1680 ext. 715
www.vegalab.us
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vegalab-us-and-fertica-enter-exclusive-distribution-agreement-for-guatemala-300388489.html
http://finance.yahoo.com/news/vegalab-us-fertica-enter-exclusive-131300008.html
incredible! nothing to justify that IMO.
$3 now.. chalk this one up as sold WAY too soon...........
Never would have guessed today's price!
Well, I am surprised. Unless they roll out a quickly profitable business plan or one with a forward-looking PE ranging from 6 to 12 projection an EPS of $0.02, I don't see that as sustainable. At my entry of .03 - .04 per share I'm happy with cashing out earlier. Wiped out a $4,500 debt for me, so additional savings in not paying interest. Now if my other shells would do something. Hope you took at least some profits and are riding free shares.
closed 52wk high 1.1695!
Would not be surprised. All of their private placements have been at $0.50 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121554719
HPCQ may decay towards the $.50 per share paid in the private placement.
HPC Acquisitions Inc. (HPCQ), DBA Vegalab US, Completes Initial Capital Raise and Starts Sales
PR Newswire
Vegalab US
1 hour ago
PALM BEACH, Fla., May 9, 2016 /PRNewswire/ -- HPC Acquisitions Inc. (HPCQ) DBA Vegalab US ("Vegalab US"), has today announced the completion of its first round private placement of 1,000,000 shares of its common stock at $0.50 per share, as well as its initial sales results from the distribution of all-natural, sustainable agricultural products.
In April 2016, the first month of marketing, Vegalab US achieved over $450,000 of sales and believes that orders will continue to increase steadily.
"The scale of success you see from our first month of marketing supports our strong belief that there is a significant appetite in the United States for all-natural products that make a positive difference, without depleting the earth's resources. Our initial sales combined with the scope of application for our range of products gives us confidence to seek additional capital in the near term to fund the growth opportunity," said David Selakovic, the CEO of HPCQ/Vegalab US.
Vegalab US has already begun marketing its products in Latin America, where the marketplace is perhaps even more convinced of the need for environmentally responsible agricultural products rooted in sustainability. The first orders are expected in the second quarter of 2016 from Costa Rica and Panama.
To facilitate development of the opportunities in the US and Latin America, Vegalab US is now looking for new distribution partners in those markets.
About Vegalab US
Vegalab US is a distributor of natural fertilizers, pesticides, and specialty biological agents for use in agriculture. The active ingredients consist primarily of oil extracts from different plant sources. Vegalab US holds exclusive distribution rights in the Western Hemisphere to a product line of natural agricultural products distributed globally by Vegalab SA.
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities, and growth prospects, they are based on management's current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated, or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.
PR Contact:
Sarah Andrews
Email
800-208-1680 ext. 715
www.vegalab.us
wonder why this is double posting...
yep, someone seems to be accumulating(?)
Looks like whoever is buying today at .28 sees a deal.
Looks like whoever is buying today at .28 sees a deal.
Looks encouraging. Picking thru the 10K and Ecowin/Vegalab info will be weekend project.
Looks encouraging. Picking thru the 10K and Ecowin/Vegalab info will be weekend project.
wow! nice catch!!! maybe this is a more advanced company than I had assumed
Private placements at $0.50/share
they have an interesting network of things and these asian ones have done wild things before. it's all possible.
co info / product line etc.
http://eco-win.kr/
http://vegalab.com/#welcome
david
https://www.selacorp.com/
http://davidselakovic.flavors.me/
http://www.prnewswire.com/news-releases/david-selakovic-attends-disrupt-ny-300087812.html
https://www.youtube.com/user/Davidselakovic
http://frame.bloglovin.com/?post=4217783325&group=0&frame_type=a&context=&context_ids=&feed_order=&blog=5059981&frame=1&click=0&user=0
since david seems to be the guy doing the dance it seems prudent to learn more about him. seems overall like decent stuff, and if anything is bad, it's probably some guy who's just hating. you ever see a hater doing better than you? no? makes sense. well, anyways... i'm done for today. i've been grounded and threatened with a spanking for my antics.
"surely you mean an informed investor informational desemenation campaign". Yep, that's what I said.........
surely you mean an informed investor informational desemenation campaign to get the sticky icky goo out and about on n'in everyone's faces. but seriously it looks like a company on the slightly more real tip, not one purely just out for the shaft.. if they were gonna pump out loads of spew releases just to spray dump they could probably find a much sexier product than korean feces. just sayin'
disclaimer: i failed out of ccd class. forgive me lord. also lord, don't buy any of my stock advices.
David Selakovic Expands Vegalab's Global Positioning Through Ecowin Acquisition
http://www.marketwired.com/press-release/david-selakovic-expands-vegalabs-global-positioning-through-ecowin-acquisition-1948449.htm
GENEVA, SWITZERLAND--(Marketwired - Sep 18, 2014) - Vegalab, a formulator and manufacturer of environmentally responsible agricultural products rooted in sustainability, announced this week that it is expanding its global positioning by acquiring a major shareholding stake in Ecowin Co Ltd, an award-winning developer and manufacturer of all-natural agricultural products based in Korea. Ecowin and all of its manufacturing facilities will be rebranded as Vegalab's Global Innovation Center. This acquisition creates one of the industry's leading all natural and biotechnology companies. Ecowin joins the Vegalab family with an already established history of working together successfully. In the past, the two companies already have collaborated on R&D projects that strengthened their shared vision of creating products that are healthy alternatives to synthetic agriculture products.
Ecowin's advanced team of engineers and their reputation for leading the way in greener initiatives won them the National Green Technology Award from the Korean Prime Minister for being one of the nation's top green technology institutions. Their dedication to change the agricultural landscape from chemical pesticides to eco-friendly bio-pesticides makes them a perfect fit for Vegalab. "As the damaging effects of synthetic products continues to surface and industry regulators enforce higher standards, commercial agricultural and consumers are beginning to look for new healthier alternatives," said David Selakovic, President of Vegalab S.A. "With our technology-driven R&D resources combined with our expanded manufacturing facility, we are positioned for rapid growth. Together, we are able to innovate faster and blaze the trail in organic agriculture products."
In exchange for transferring Ecowin's intellectual property and trade secrets, Vegalab has committed to build a new state-of-the-art R&D and manufacturing facility that will be completed in Spring of 2015. The Global Innovation Center will enable a more streamlined operation with higher output and lower costs and will be on the forefront of enhancing Vegalab's proprietary micronization and amplification processes. Logistically, this new facility will also support the ability to expedite shipments around the world. Much like David Selakovic's expert lab team in Geneva, Switzerland, the newly expanded R&D team of Vegalab Korea aims at attracting top notch scientists and agronomists that will work together to source world-class materials and ingredients that will be used to create the finest and highest performing all natural agriculture products.
Vegalab is a global leader in formulating and manufacturing environmentally responsible agricultural products rooted in sustainability. Vegalab S.A. corporate headquarters are in Geneva, Switzerland, while the North American headquarters are in West Palm Beach, Florida. The Swiss facility is managed by David Selakovic, who is known across many industries for his skills as a wise and powerful business leader, savvy investor, and sought-after advisor. His passion for business, for helping others with his entrepreneurial zest, for building highly productive teams, and for supporting the communities in which he lives and works, is of utmost importance to him. In his rare free time, David likes to explore his personal interests in photography, sailing, classical art, racing cars, and participating in extreme sports. He is actively supporting a number of charities that reflect his personal core values and allow him to give back to the local communities.
Who knows. Maybe a promo type setup. I'd take it
the structuring is solid as per shares and controling of new entity with a rather small float and of course you know shi!t isn't that sexy but korean sh!t peddled to american might can be incredibly sexy.
i should be selling this analysis.
disclaimer: don't buy this sh!t on my spewing of sh!t. if you do buy th!s sh!t do it because your stupidity, not mine. then when you make money, be a genuius. money making is not guaranteed.
Share count kept reasonable. Let's see where she goes-
i wanna see walmart, lowes, home depot distributing this line of products and cascandian farms, earth's best, simply organic, and their suppliers etc all using it. why? cause fertilizer is where it's at! i wanna see this fertilizer used to build a wall of trees on all our farms, i wanna make fertilizer great again, but i have been beat to it. vote vega, get in on the lab, cause the ground floor is like a stairway to heaven made from the most luscious eggplant ever.
disclaimer: do not use any organic food for any purpose other than the purpose it was intended for.
gonna go back to the farm house now and get me some water cause i'm thirsty
http://tinyurl.com/zpr9hwd
Looks like I have some reading to do. Was leading a workshop this afternoon, so was out of pocket. Thanks for the research! Will be out Monday on a trip with ltd access to net. Ugh!
Really odd. Have to look for those snack sausages at the grocery tonight or gas station.
from 8k, "One of the items we acquired is the US trademark “VegaLab” (US Trademark Registration No’s. 4394973 and 4446093). Our marketing efforts will incorporate this brand name, which is approved by ECOWIN.
To that end Mr. Selakovic has had discussions with large distributors of fertilizers and pesticides, and large farming operations to invite them to perform field tests with sample product. These preliminary discussions and information provided on the ECOWIN technology have been well-received, so HPC expects to focus its efforts initially on pursuing testing programs with the major distributors and producers to advance the opportunity for acceptance and then purchase of the products. We believe the spring and early summer of 2016 will be a period of high activity for testing and promoting the products with the major distributors and producers.
"
8-K 1 8k.htm FORM 8-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): March 8, 2016
HPC ACQUISITIONS, INC.
(Exact name of registrant as specified in its charter)
0-53248
(Commission File No.)
Nevada
(State or other jurisdiction of
incorporation or organization)
68-0635204
(IRS Employer Identification No.)
10935 57th Avenue No., Plymouth, MN 55442
(Address of principal executive offices)
(952) 541-1155
(Registrant’s telephone number)
Not applicable
(Former Name or Former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement
See the disclosure under Item 5.06 of this report, which is incorporated herein by this reference.
Item 3.02. Unregistered Sales of Equity Securities
See the disclosure under Item 5.06 of this report, which is incorporated herein by this reference.
Item 5.01. Change in Control of Registrant
See the disclosure under Item 5.06 of this report, which is incorporated herein by this reference.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
See the disclosure under Item 5.06 of this report, which is incorporated herein by this reference.
Item 5.06. Change in Shell Company Status
New Developments
On March 8, 2018, HPC Acquisitions, Inc., (“HPC”, the “Company”, “we”, “our”, or “us”) closed the sale of 12,011,000 shares of common stock to David Selakovic at a total purchase price of $303,100, paid in cash. Concurrently, Mr. Selakovic was appointed a director, and to the positions of Chairman of the Board, Chief Executive Officer, and Chief Financial Officer. Craig S. Laughlin, the former Chairman of the Board, Chief Executive Officer, President, and Chief Financial Officer, remains a director and serves as the President and Secretary of the Company.
The investment in our common stock and changes in management were approved subject to the agreement of Mr. Selakovic to assign to HPC certain assets consisting of the exclusive right to distribute in the Western Hemisphere natural agrochemicals manufactured by ECOWIN Co., Ltd., a Korean company, certain state permits for the sale of ECOWIN agrochemicals, and the trademark “VegaLab” (the “DS Assets”). The plan beginning now is to:
· Pay off the liabilities of the Company in the amount of approximately $242,762 at December 31, 2015;
· Use the remaining cash to begin promoting ECOWIN products to large agriculture businesses in North America and for general corporate purposes;
· Raise additional financing for purchasing inventory, implementing a broader marketing effort based on the results of our promotional efforts with large agriculture business, and for general corporate purposes, such as administrative costs; and
· Expand operations as permitted by available capital form external sources and internal operations.
In short, HPC has acquired distribution rights to ECOWIN products, state permits related to those products, a trademark, and cash to commence the business of selling ECOWIN products. HPC has no customers and no employees (other than its executive officers) so this endeavor represents the start of a new venture with the assets described above. Mr. Selakovic owned the state permits and tradename in a limited liability company of which he was the sole member. This limited liability company was formed for the purpose of being a receptacle for the permits, never engaged in any marketing or sales activity, and never received revenue from any source. Management believes the DS Assets immediately prior to acquisition had a nominal value because they were not being used to sell product and generate revenue in the Western Hemisphere. Accordingly, HPC has not assigned any value to the DS Assets for financial reporting purposes because the assets are intangible in nature, are not employed in the offer or sale of product, and not producing income at the time of acquisition.
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History
During the five-year period prior to the investment by Mr. Selakovic in HPC, it was a “shell company” as defined in Rule 12b-2 adopted under the Securities Exchange Act of 1934, as amended, seeking to acquire or develop a business opportunity.
Our New Product Line
Pursuant to the distribution rights assigned to HPC, it now has the right to distribute, market, and sell ECOWIN products consisting of biological control agents, insecticides, fungicides, soil inoculants and fertilizers. The following is a list of the products:
Fertilizers
ArmourBoost FertileBoost PotassiumPro
BalanceBoost FruitBoost RigidBoost
BrixBoost GrowBoost RootBoost
CalciumBoost17 HarvestPro TemperatureBoost
CalciumBoost23 NitrogenPro VegaPro
CellularBoost NPKPro VitaBoost
ColorBoost PhosphorusPro VividBoost
CopperBoost PollenBoost
Pesticides
BioMantleControl MildewControl SpiderMiteControl
LarvaControl NematodeControl SporeControl
Biological Agents/ Specialty
Larva BioControl Mosquito BioControl Terra BioBoost
These products are “natural” in that the active ingredients consist primarily of oil extracts from different plant sources. The efficacy of the raw material is effectuated and enhanced through a process of micronization and amplification.
Previously, organic and natural products had to wait to be broken down or eroded in order to be absorbed by plants, making these products inefficient for commercial use compared to conventional oils. The challenge with oil extracts is lowering viscosity to maximize dispersion over large areas without impairing potency. The micronization process developed by ECOWIN addresses this problem; the process gives these oils the ability to cover a larger surface area and enabling deeper penetration into the crevices of plants, insects, and pathogens.
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After micronization, these oils go through a process of amplification, being paired with specific adjuvants and alcohol-based solvents to increase the oil-to-water bonding capacity. This results in the products having higher dilution rates with better efficacy than other oil-based products on the market. Furthermore, our fertilizers have unique formulations, containing organic compounds that facilitate the absorption of minerals, increase growth rates, and enhance overall crop quality. The fertilizers are formulated to reduce the chemical footprint and increase absorption into the plant. With the ECOWIN formulations, the applicator is able to use smaller amounts of fertilizers, pesticides, fungicides, etc. to achieve better crop results than the current standard synthetic products on the commercial market.
Based on management’s review of information provided by ECOWIN, HPC believes the formulations and compounds for a number of the products are new and unique. Historically, ECOWIN has relied on trade secret and confidential treatment of internal information to protect these formulations and compounds. HPC is entirely dependent on ECOWIN for protecting its trade secrets and proprietary information.
Distribution Agreement
Mr. Selakovic assigned to us the exclusive right to distribute the products listed above in the Western Hemisphere, which is a right he originally obtained from ECOWIN under a Distribution Agreement dated October 19, 2012 (the “ECOWIN Agreement”). The assignment of the distribution right was consented to by ECOWIN.
HPC has the exclusive right to market and sell the ECOWIN products in the Western Hemisphere. Addition, removals, and modifications of the products may be made at the discretion of ECOWIN. ECOWIN is required to provide 90-days advance notice of the discontinuation of a product. For a new product, ECOWIN is required to provide 30-days advance notice of the addition of the new product, and during that period HPC has the right to decline the addition of the product to the Distribution Agreement.
ECOWIN publishes a price list periodically of all the products covered by the Distribution Agreement, which lists the distributor price to HPC for all product ordered. Prices are FOB the factor. Pricing is subject to change at any time at the election of ECOWIN on 30-days advance written notice to HPC. Payment is made in US Dollars by irrevocable letter of credit issued at the time of the order and payable 90 days from the date of the bill of lading.
HPC has a duty to use all reasonable commercial efforts to develop and exploit the maximum sales for the entire line of products covered by the Distribution Agreement. This includes the obligation to:
· Establish a trained sales force;
· Purchase and maintain an adequate selection and stock of products to meet reasonably expected demand;
· Deliver monthly sales reports to ECOWIN;
· Advertise and promote the products, including participation in trade shows; and
· Obtain and maintain all governmental permits or registrations required to market and sell the products.
The Distribution Agreement grants to HOPC a limited, non-exclusive, royalty-free license to use the product names and trademarks ECOWIN has adopted for its products. Use of the names and trademarks is subject to compliance with the usage standards adopted by ECOWIN from time to time.
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ECOWIN warrants that its products are free of defects in material and workmanship for a period of 24-months. At its Discretion, ECOWIN may replace or repair defective product, or issue a refund on the purchase price.
Our Marketing Plan and Plan of Operation
We believe the most effective way to establish a foothold in the agriculture industry for our products is to pursue acceptance by one or more of the major United States agricultural businesses. This approach is based, in part, on the resources these businesses have available to test, or try-out, new product offerings and the resulting “cachet” that can attach to products once they have been accepted by these businesses.
One of the items we acquired is the US trademark “VegaLab” (US Trademark Registration No’s. 4394973 and 4446093). Our marketing efforts will incorporate this brand name, which is approved by ECOWIN.
To that end Mr. Selakovic has had discussions with large distributors of fertilizers and pesticides, and large farming operations to invite them to perform field tests with sample product. These preliminary discussions and information provided on the ECOWIN technology have been well-received, so HPC expects to focus its efforts initially on pursuing testing programs with the major distributors and producers to advance the opportunity for acceptance and then purchase of the products. We believe the spring and early summer of 2016 will be a period of high activity for testing and promoting the products with the major distributors and producers.
HPC presently has limited capital to acquire inventory. Its objective is to seek financing over the next 60 to 90 days through private placements of debt or equity securities to raise capital for initial inventory and product samples, and to support the marketing effort.
If HPC is unable to raise additional capital at a level adequate to support its plan of operation, it would need to curtail its marketing efforts, which would adversely affect growth and results of operations and could prevent HPC from succeeding in implementing its new operating business.
If we are successful in gaining acceptance and initial orders for our product, we expect we will develop two sales channels. The first is establishing sub-distributors made up of well-established distributors of fertilizers and pesticides. Second is direct sales to farm operations through farm coop and retailers. As this is a new venture we cannot predict whether or to what extent we will be successful in establishing and managing these sales channels.
Once we become more established, we will actively pursue other marketing and promotional activities, such as participation in trade shows, developing a strong Internet presence, and developing plans for expanding marketing outside the Unites States.
Competition
The products we will distribute compete with similar products produced by other agrichemical businesses. Many of these competitors have well established products, brands, and market share, and have much greater financial and operational resources than we do. Being the new entrant in a well-established market is a very difficult task, and there is no assurance we can compete effectively on the basis of product content and performance, or on price.
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Regulatory Matters
Regulatory and legislative requirements affect the distribution of our products. Obtaining and maintaining permits at the Federal, state, and local levels for the use and application of our products can be time-consuming and costly, with no guarantee of success. Mr. Selakovic has collected permits for many of our products in a number of jurisdictions that are now owned by HPC, which means we can sell our product for farm use if we are successful with our marketing efforts. Nevertheless, regulatory and legislative requirements may change over time, which can affect our compliance obligations and add to the cost of doing business. The failure to receive necessary permits or approvals in jurisdictions where we do not have them could have near- and long-term effects on our ability to sell current and future products.
Facilities
For now, HPC maintains its business office at 10935 57th Avenue North, Plymouth, MN 55442, which is space provided by our President. Subject to our success in advancing our business objectives and obtaining capital for our business expenses, we expect to rent an office/ warehouse space from which we will conduct our daily business activities and store inventory. No potential site has been identified.
Employees
HPC has no full-time employees. Our executive officers are responsible for implementing the plan of operation described above.
Other Information
HPC does not view the acquisition of the intangible DS Assets as the acquisition of a significant amount of assets within the meaning of Item 2.01 of Form 8-K because of the nominal value assigned to those assets. Furthermore, the assets acquired do not represent the acquisition of a “business” within the meaning of Item 9.01(a) of Form 8-K.
Security Ownership of Certain Beneficial Owners and Management
The following table sets forth, as of March 8, 2016, the number of shares of Common Stock owned of record and beneficially by executive officers, directors and persons who hold 5% or more of the outstanding Common Stock of the Company. Also included are the shares held by all executive officers and directors as a group.
Name and Address Number of Shares (1) Percent of Class (2)
David D. Selakovic
340 Royal Poinciana Way #317-395
Palm Beach, FL 33480 16,611,000 83.43
Craig S. Laughlin
10935 57th Avenue North
Plymouth, MN 55442
500,000 2.63
All Directors and Officers as a Group (2 persons) 17,111,000 90.06
(Notes to table on following page.)
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(Notes to table on previous page.)
(1) On March 8, 2016, there were 19,000,000 shares of the Company’s common stock outstanding and no shares of preferred stock issued and outstanding. The Company has no outstanding stock options or warrants.
(2) Under applicable SEC rules, a person is deemed the “beneficial owner” of a security with regard to which the person directly or indirectly, has or shares (a) the voting power, which includes the power to vote or direct the voting of the security, or (b) the investment power, which includes the power to dispose, or direct the disposition, of the security, in each case irrespective of the person’s economic interest in the security. Under SEC rules, a person is deemed to beneficially own securities which the person has the right to acquire within 60 days through the exercise of any option or warrant or through the conversion of another security.
(3) In determining the percent of voting stock owned by a person on March 8, 2016 (a) the numerator is the number of shares of common stock beneficially owned by the person, including shares the beneficial ownership of which may be acquired within 60 days upon the exercise of options or warrants of conversion of convertible securities, and (b) the denominator is the total of (i) the 19,000,000 shares of common stock outstanding March 8, 2016, and (ii) any shares of common stock which the person has the right to acquire within 60 days upon the exercise of options or warrants or conversion of convertible securities. Neither the numerator nor the denominator includes shares that may be issued upon the exercise of any other options or warrants or the conversion of any other convertible securities.
Changes in Control
On March 8, 2016, David Selakovic purchased 12,011,000 shares of restricted common stock of HPC at a total purchase price of $303,100, paid in cash, in connection with the transactions described under the caption “New Developments,” above. The sale of shares was made in reliance on the exemption from registration set forth in Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) adopted thereunder and on the basis of Mr. Selakovic’s representation that he is an “accredited investor” as that term is defined in Rule 501 adopted under the Securities Act of 1933.
On March 8, 2016, Messrs. Selakovic and Laughlin entered into an agreement that included two other individuals pursuant to which Mr. Laughlin agreed to sell a total of 5,500,000 common shares at a price of $0.03 per share, including 4,600,000 shares to Mr. Selakovic. Mr. Selakovic is required to make payment of the total purchase price in the amount of $138,000 to Mr. Laughlin on or before May 8, 2016. All stock ownership numbers and calculations in the above table assume that the sale of shares by Mr. Laughlin is completed.
As a result of the foregoing, Mr. Selakovic acquired voting control of HPC, so that he can elect the entire board of directors and approve any other matter submitted to the shareholders for a vote without the vote of any other shareholder. Furthermore, Mr. Selakovic was appointed a director and executive officer of the Company as described below.
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Directors and Executive Officers
The directors and executive officers serving the Company as of March 8, 2016, are as follows:
Name Age Position(s) Held and Tenure
David D. Selakovic 45 Chairman of the Board, Chief Executive Officer, Chief Financial Officer
Craig S. Laughlin 65 President, Secretary, Director
The Directors named above will serve until the next annual meeting of stockholders or until their successor is duly elected and has qualified. Directors are elected for one-year terms at the annual stockholders meeting. Officers will hold their positions at the pleasure of the board of directors, absent any employment agreement, of which none currently exists or is contemplated. There is no agreement or understanding between Mr. Selakovic and any other person pursuant to which any director or officer was or is to be selected as a director or officer,
David D. Selakovic – Mr. Selakovic is the founder and president of Vegalab S.A. in Switzerland. He oversees the corporate direction and strategy for Vegalab’s global operations, including sales, international development, regulatory affairs, and company growth. Along with Vegalab, Mr. Selakovic is involved with Selacorp, Lacrex, Performance Data, and Advisory Group. He is a director and equity owner at the aforementioned companies, where he helps drive growth by focusing on customers, innovation, and improved operational efficiency. Selacorp is a global IT business solutions company offering IT services, management and consulting services, founded 2000 in London, UK. Lacrex is a Swiss company founded 1991 in Lugano, Switzerland, and it is involved in engineering patent development and trading. Performance Data was founded 2008 in the United States and it is now growing to be a global IT multi-vendor infrastructure maintenance and support company, with a new base in Switzerland. Advisory Group is a Hong Kong company established in 2010 that advises on non-US merger and acquisition transactions.
Craig S. Laughlin – Mr. Laughlin, President, Secretary, and director, is the founder and President of SRC Funding, LLC, a privately-owned Minnesota company engaged in business consulting services and private investment activity. Mr. Laughlin is also an officer, director and principal stockholder of Renewable Energy Acquisition Corp., a closely-held Nevada corporation, which currently files periodic reports with the U.S. Securities and Exchange Commission and is seeking a business opportunity in which to participate.
Executive Compensation
No officer or director has received any compensation from us during the three-year period ended December 31, 2015 or during the period from that date to the date of this report. The Board of Directors has made no decision to approve compensation for officers and directors going forward. To what extent the Board of Directors may adopt compensation plans in the future will depend on a number of factors, including the ability of the Company to generate sales of ECOWIN products and the success of capital formation efforts.
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Certain Relationships and Related Transactions, and Director Independence
HPC’s common stock is not listed in any national exchange or interdealer quotation system with a requirement that a majority of its Board of Directors be independent, so HPC is not subject to any director independence requirements. Under NASDAQ Rule 5605(a)(2), a director is not considered to be independent if he or she also is an executive officer or employee of the corporation or if there have been certain transaction(s) between the Company and the director of another company with which the director is affiliated. As both of our directors are executive officers, none of them would be “independent” under NASDAQ Rule 5605(a)(2).
Committees of the Board of Directors
Currently, HPC does not have any standing committees of the Board of Directors. Until such time as formal committees are established, HPC’s Board of Directors will perform the functions that would customarily be performed by committees.
Legal Proceedings
There are presently no pending legal proceedings to which HPC, or any of its subsidiaries, is a party or as to which any of its property is subject, and no such proceedings are known to HPC to be threatened or contemplated.
Market Information
Our common stock is presently quoted on the OTC Market (OTCQB) under the symbol “HPCQ.” We do not believe there was an active trading market for the shares before the fiscal quarter beginning January 1, 2016. Accordingly, we are not providing any historical market price information for periods prior to the calendar quarter ending March 31, 2016. At March 9, 2016, the best bid and asked prices were $0.041 and $0.15, respectively.
As of March 8, 2016, there were approximately 596 record holders of our issued and outstanding common stock.
HPC has not paid any cash dividends to date and does not anticipate or contemplate paying dividends in the foreseeable future. It is the present intention of management to utilize all available funds for the development of our business.
As of March 8, 2016, there were no equity securities authorized for issuance under any compensation plans.
Description of Our Securities
Incorporated herein by this reference is the description of our securities set forth under “Item 11. Description of Registrant’s Securities to be Registered,” on page 11 of our registration statement on Form 10 filed with the Securities and Exchange Commission on May 20, 2008.
Indemnification of Directors and Officers
Incorporated herein by this reference is the description of our securities set forth under “Item 12. Indemnification of Directors and Officers,” beginning on page 11 of our registration statement on Form 10 filed with the Securities and Exchange Commission on May 20, 2008.
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Exhibits
Copies of the following documents are included as exhibits to this report:
Exhibit No. SEC Ref. No. Title of Document
10.1 10 Securities Purchase Agreement between HPC Acquisitions, Inc., and David Selakovic, dated March 8, 2016
10.2 10 General Assignment and Bill of Sale from David Selakovic to HPC Acquisitions, Inc., dated March 8, 2016
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HPC Acquisitions, Inc.
Date: March 11, 2016 By: /s/ David Selakovic
David Selakovic, Chief Executive Officer
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should be thin... hopefully after all these years he found a good suitor to transfer the shares to
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