Industry Source Consulting Inc (INSO)

[Jaxon2010]

Possible acquisition of Biochar Now? I don't see merger or JV anywhere. Acquisitions and subsidiary. Could be better than I thought! IMO

NORCROSS, GA / ACCESSWIRE / MARCH 27, 2014 / VEGA BIOFUELS, INC. (Pink Sheets VGPR) is pleased to announce its Board of Directors has canceled the previously approved reverse split. The Company’s management team has decided Vega Biofuels will continue its growth through acquisitions and had several successful meetings during its recent trips to Colorado. Vega Biofuels management team has scheduled an additional trip to Colorado in April to have follow-up meetings with its potential acquisition candidates.

"The first quarter of 2014 has been a very busy and exciting time for our company," stated Michael K. Molen, CEO of Vega Biofuels, Inc. "We have experienced tremendous growth this year and plan to continue to build our company through acquisitions."

Due to the success during the management team's recent trips to Colorado and meeting with industry experts in the biochar business, Vega Biofuels plans to form a subsidiary called Vega Biochar, Inc. The Company's new subsidiary will concentrate on selling biochar to the agricultural industry, including the booming legal marijuana business.