Vegalab Inc., Announces Acquisition of Major Packing and Cold Storage Facility in Lindsay, California

Vegalab Fruit Processing and Packing Capacity to Increase to Over $150 Million

Vegalab, Inc. ("the Company"), (OTCQB: VEGL), today announced the acquisition, subject to a lease option agreement that runs through November 1, 2019, of a major fruit packing facility in Lindsay, California. Situated on 9.4 acres in California’s San Joaquin Valley, the facility consists of over 260,000 square feet of working space, including three packing lines, approximately 32,000 square feet of cold storage, 12 degreening rooms, and a 6 bay shipping area.  The facility will dramatically increase the Company’s current capacity to process and pack fruit, and Vegalab’s management team believes the acquisition will increase the Company’s overall fruit processing capacity to over US $150 million annually. Current capacity at the facility is approximately 200 bins per hour. 

David Selakovic, CEO of Vegalab, said, “With the current capacity at our existing Vegalab Produce facility unable to meet the demand from our domestic and international buyers for premium quality, and premium priced citrus, management has been systematically evaluating packing facilities to add to our portfolio. The Lindsay, California facility is major acquisition in an ideal location. Being in California’s San Joaquin Valley citrus belt, where Vegalab recently acquired the Tuttle Cross Dock and Warehouse, the property is centrally positioned in one of the best fruit growing ecosystems in the United States. While touring the plant, we recognized how well-designed it is to seamlessly combine highly efficient fruit processing with the ability to rapidly ship product to our domestic and international customers. We intend to continue to build out our infrastructure and integrate our properties while efficiently increasing the Company’s annual sales.” 

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab’s products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products; the Packing Business involves the operation of citrus packing facilities.

Safe Harbor for Forward-looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “should,” “would” or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products and services, based on its technology; the expected benefits and efficacy of the Company’s products, services and technology; the availability of additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company’s go-forward business, and the risks identified and discussed under the caption “Risk Factors” in the Vegalab Annual Report filed with the Securities and Exchange Commission (the “SEC”) and the other documents Vegalab files with the SEC from time to time. There will be events in the future, however, that Vegalab is not able to predict accurately or control. Vegalab’s actual results may differ materially from the expectations that Vegalab describes in its forward-looking statements. Factors or events that could cause Vegalab’s actual results to materially differ may emerge from time to time, and it is not possible for Vegalab to accurately predict all of them. Any forward-looking statement made by Vegalab in this press release speaks only as of the date on which Vegalab makes it. Vegalab undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.



Vegalab Inc., Signs Multiyear Distribution Agreement With Van Iperen International B.V.

Vegalab, Inc. ("the Company"), (OTCQB: VEGL), today announced the Company has signed a distribution agreement with Van Iperen International B.V., the foremost specialty fertilizer and high performance agricultural solutions producer in The Netherlands. Van Iperen Group, a company with impressive continuous growth, recorded income (turnover) of US $278 Million in 2017. According the agreement, Vegalab will begin to distribute Van Iperen International’s high tech Dutch agricultural products beginning calendar year 2019.

Van Iperen International B.V., is a privately held, family-owned company with over 100 years of experience providing high-tech solutions to the Dutch agriculture sector. According to the Dutch Ministry of Agriculture, Nature and Food Quality, The Netherlands is one of the world’s largest agricultural producers, exporting 65 billion Euros worth of vegetables, fruit, flowers, meat and dairy products each year. With 150 employees, of which 40 are extensively trained agronomists, Van Iperen’s team’s comprehensive knowledge of crop needs, will help advance plant yields in American markets. Vegalab’s sales and marketing force will educate American growers on best practices and advanced applications of Van Iperen’s products that have a successful track record of improving the output of many Dutch farms.    

Erik van den Bergh, CEO and Managing Director of Van Iperen International, stated, “We are excited to have the opportunity to work with Vegalab as a partner in the United States. We have tailored our products to maximize production and consistent with the mission of Vegalab, we are committed to the environment and sustainable agriculture. We will work together to supply better, earth-friendly products which, improve overall produce yields, year after year.”  

David Selakovic, CEO of Vegalab, said, “We have been in conversations with the team at Van Iperen International for some time. The Vegalab management team was widely aware the Netherlands has become an agricultural powerhouse and their farmers have developed many of the most advanced farming techniques deployed worldwide. The team at Van Iperen and their products are well-known across the Netherlands, however; their specialty fertilizers and solutions, have not been widely available to the farming community in the United States. Vegalab looks forward to introducing the American farmers and growers on how to improve their crops with Van Iperen and Vegalab products, while protecting the biome.” 

About Vegalab, Inc

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab’s products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products: and The Packing Business is the operation of a citrus packing facility.

About Van Iperen International B.V.

Van Iperen International and its partners are like a family. The company is part of the Thesis Group, a family owned business with about 100 years of experience supplying Dutch growers and producing fertilizers. We operate worldwide with our headquarters and factories in The Netherlands and subsidiaries in France, China, United States, Lebanon and Serbia.

Van Iperen International is a worldwide player, but not a multinational. We work together with local partners and operate close to our clients. Our employees represent 17 nationalities, speak 22 languages and serve clients in over 100 countries. We have crop specialists for all relevant crops and conditions in Europe as well as in (sub) tropical areas.

Safe Harbor for Forward-looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “should,” “would” or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products and services, based on its technology; the expected benefits and efficacy of the Company’s products, services and technology; the availability of additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company’s go-forward business, and the risks identified and discussed under the caption “Risk Factors” in the Vegalab Annual Report filed with the Securities and Exchange Commission (the “SEC”) and the other documents Vegalab files with the SEC from time to time. There will be events in the future, however, that Vegalab is not able to predict accurately or control. Vegalab’s actual results may differ materially from the expectations that Vegalab describes in its forward-looking statements. Factors or events that could cause Vegalab’s actual results to materially differ may emerge from time to time, and it is not possible for Vegalab to accurately predict all of them. Any forward-looking statement made by Vegalab in this press release speaks only as of the date on which Vegalab makes it. Vegalab undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Vegalab Announces Distribution Agreement With AMVAC Mexico SRL

Vegalab, Inc.(“Vegalab” or the “Company”) (OTCQB: VEGL), recently finalized a Distribution Agreement with AMVAC México S. de R.L. de C.V. (“AMVAC México”), a subsidiary of AMVAC Netherlands BV (“AMVAC BV”), for distribution of all-natural biologically derived pesticides, fertilizers and specialty products across México.  AMVAC México is a crop protection company based in Guadalajara in the State of Jalisco, México with a 22-year history of helping farmers with their crops. AMVAC México has a Sales Organization in place throughout México.

México, the third largest agricultural trading partner of the United States, produces a wide variety of fruits, grains and vegetables including: corn, sugarcane, sorghum, wheat, tomatoes, bananas, chili peppers, oranges, lemons, limes, mangos, other tropical fruits, beans, barley and avocados. In the future, AMVAC and Vegalab will provide an extensive line of environmentally friendly products that help maximize yields. AMVAC signed a Distribution Agreement for Vegalab products. The Agreement stipulates that Vegalab will provide the proper support to AMVAC to assure that growers can get the most out of Polen Bust, a very effective, adjuvant in the pollination process, which has been specially formulated for the Mexican market and is available for sale in México. Polen Bust is the first of a family of organic materials produced by Vegalab that AMVAC will be working toward official registrations during the coming months.

Marco A. Salcedo Martínez, Director of AMVAC México SRL, stated: “We are very excited about the beginning of our relationship with Vegalab and what better than with a product of such relevance to México as Polen Bust. The development of innovative concepts that come to cover some of the main concerns of the producer in México, as well as, the high quality of Vegalab products, will help to quickly position this portfolio among the preferred tools of our growers. We are starting this relationship with Polen Bust, a material that helps flowers to be more attractive to bees which, we have seen, promotes greater pollination. In this way AMVAC continues to support our producers with innovative products that help increase their productivity in our most important markets.”

Vegalab CEO, David Selakovic, said: “This valuable partnership creates strong growth opportunities for Vegalab. The AMVAC team will introduce us to key members of the Mexican agricultural sector, and the Vegalab team looks forward to working with farmers who are seeking to utilize products that support a healthy soil biome and yield better harvests. As the official distributor of North and South American Vegalab products, we are very pleased to enter the Mexican agricultural sector.”

About Vegalab, Inc.

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab’s products support a healthy soil biome and are cost competitive with synthetic chemicals. The Company operates in two segments of the food industry. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products: and The Packing Business is the operation of a citrus packing facility.

Safe Harbor for Forward-looking Statements:

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “should,” “would” or similar words. You should consider these statements carefully because they discuss our plans, targets, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. These statements are subject to certain risks, uncertainties, and assumptions, including, but not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products and services, based on its technology; the expected benefits and efficacy of the Company’s products, services and technology; the availability of additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and, the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies; the ability of the Company to execute on a business plan that permits the technologies and innovations businesses to provide sufficient growth, revenue, liquidity and cash flows for sustaining the Company’s go-forward business, and the risks identified and discussed under the caption “Risk Factors” in the Vegalab Annual Report filed with the Securities and Exchange Commission (the “SEC”) and the other documents Vegalab files with the SEC from time to time. There will be events in the future, however, that Vegalab is not able to predict accurately or control. Vegalab’s actual results may differ materially from the expectations that Vegalab describes in its forward-looking statements. Factors or events that could cause Vegalab’s actual results to materially differ may emerge from time to time, and it is not possible for Vegalab to accurately predict all of them. Any forward-looking statement made by Vegalab in this press release speaks only as of the date on which Vegalab makes it. Vegalab undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Vegalab Inc., Acquires Substantial Farm Acreage, Railway Cross Dock and Warehouse in Merced, California

Vegalab, Inc. ("the Company"), (OTCQB: VEGL) today announcedthat on September 12, 2018, the Company, took possession of The Tuttle Creek Dock Property in Merced, California. At that time, the transaction was irrevocably closed. 

The Tuttle Cross Dock property consists of approximately 27.33 acres of land, a 18,750 square foot transit warehouse in Merced, California, and it sits on the main BNSF railway line. Vegalab will continue to use the transit warehouse, and introduce shipping services to its existing service portfolio. The Company will leverage the strategic location of the property, which is surrounded by large agricultural enterprises, which could also benefit from Vegalab’s line of all-natural products.

The purchase price of Two Million Five Hundred Thousand and 00/100 Dollars ($2,500,000.00), was paid $500,000 by the issuance of One Hundred Fifty-Seven Thousand Seven Hundred Twenty-Nine (157,729) restricted shares of the Company’s Common Stock (the “Shares”) valued at Three Dollars and Seventeen Cents ($3.17) per share, and the balance of Two Million Dollars ($2,000,000) by the execution of two One Million Dollar ($1,000,000) promissory notes with monthly payments of interest only at eight percent (8%) per annum, and a balloon payment on the fifth (5th) anniversary of closing.

David Selakovic, CEO of Vegalab Inc., stated, “We recognized the Tuttle Creek Dock property as an opportunity to rapidly expand our footprint in the San Joaquin Valley, which produces the majority of the United States' agricultural production that comes from California. The Cross Dock generates revenue based on the number of railroad cars. We believe we can increase the volume of cars doing business at Tuttle Creek over time.” He concluded, “The Tuttle Creek Dock has tremendous potential and is currently generating revenue.With this strategic property, we can use our increased presence and contact with growers needing shipping services to further promote the Vegalab brand and increase our customer base for our agrochemical products, right in the middle of California's most productive agricultural properties."

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab’s products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products: and The Packing Business is the operation of a citrus packing facility. 

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.

Vegalab Announces Quarterly Revenue of $4.1 Million, Up 2,370% Year Over Year

Vegalab, Inc. ("the Company"), (OTCQB: VEGL) today announced revenue for the second quarter of fiscal year 2018, ended June 30, 2018. The Company posted quarterly revenue of $4.1 million. These results compare to revenue of $166 thousand in the second quarter of fiscal 2017, a 2,370% year over year increase. The Company filed Form 10-Q with the United States Securities Exchange Commission on August 30, 2018. 

David Selakovic, CEO of Vegalab, Inc., stated: “We are excited to report continued year over year growth, having increased our six months total revenues to $11.4 Million, a 2,940% increase over the first six months of last year. We attribute our continued growth to the addition of talented sales and marketing personnel, new marketing partnerships, and, most importantly, repeat sales demand due to high overall customer satisfaction. Members of the agricultural community are increasingly coming to recognize the comprehensive benefits of using Vegalab’s extensive, all-natural products on their farms, orchards, and vineyards.  Stewardship of the Earth’s ecosystems will always be our focus at Vegalab, as we develop sustainable products that nourish rather than deplete the Earth’s resources. As we continue to grow, we will seek additional product registrations in key agricultural markets within the United States, Canada and Mexico, as we also pursue partnerships in targeted growth markets within Central and South America.”

Results of Operations
During the three months ended June 30, 2018, the Company recognized total revenues of $4,166,321 compared to $166,682 for the three months ended June 30, 2017. Revenue from the sale of Vegalab products was $2,632,478 compared to $166,682 for the three months ended June 30, 2017, sales increased during the three months ended June 30, 2018 compared to 2017 mainly due to increased marketing and the acquisition of TAG in February 2018. Revenue from packing business was $2,632,478. Cost of goods sold were $4,456,814 for the three months ended June 30, 2018, compared to $120,979 for the three months ended June 30, 2017. During the three months ended June 30, 2018 the Company had a negative gross profit margin from its packing business. The negative gross margin was due to higher than expected costs for the purchase of produce and reduced processing as the growing season comes to an end.

During the six months ended June 30, 2018, the Company recognized total revenues of $11,454,950 compared to $375,498 for the six months ended June 30, 2017. Revenue from the sale of Vegalab products was $5,361,619 compared to $375,498 for the six months ended June 30, 2017. Sales increased during the six months ended June 30, 2018 compared to 2017 mainly due to increased marketing and the acquisition of TAG in February 2018. Revenue from produce processed was $6,093,311. Cost of goods sold was $10,152,915 for the six months ended June 30, 2018, compared to $310,430 for the six months ended June 30, 2017. During the six months ended June 30, 2018. The Company experienced lower than expected gross profit margin from the packing business. The negative gross margin was due to higher than expected costs for the purchase of produce and reduced processing as the growing season comes to an end.

On October 18, 2017, the Company purchased substantially all the assets of a produce packaging business conducted under the name M&G Packing, Inc. During the three months ended June 30, 2018 the Company generated $1,533,843 from processing revenue. As this business was acquired in October 2017, there was no corresponding revenue in the second quarter of 2017. Cost of goods for our produce packaging business was $1,841,494 for the three months ended June 30, 2018. There was no corresponding cost of goods sold for our produce packaging business in the second quarter of 2017 for the reason stated above.

During the six months of 2018 the Company generated $6,093,331 from processing revenue in our produce packing business. There was no corresponding revenue in the six months of 2017 for the reason stated above. Cost of goods sold for our produce packaging business was $6,192,430 for the six months ended June 30, 2018. There was no corresponding cost of goods sold for our produce packaging business in the six months of 2017 for the reason stated above.

Total operating expenses for the three months ended June 30, 2018, were $717,470 compared to $298,148 for the three months ended June 30, 2017. Expenses increased significantly as the Company hired additional staff, consultants and professionals due to its purchase of M&G Packing, Inc. and TAG compared to the three months ended June 30, 2017. For the three months ended June 30, 2018, we had a loss from operations of $1,007,963 compared to a loss of $252,445 for the three months ended June 30, 2017.

Total operating expenses for the six months ended June 30, 2018, were $2,359,402 compared to $557,383 for the six months ended June 30, 2017. Expenses increased significantly for the reasons stated above compared to the six months ended June 30, 2017. For the six months ended June 30, 2018, we had a loss from operations of $1,057,367 compared to a loss of $492,315 for the six months ended June 30, 2017.

After the provision for interest and income taxes, net loss for the three months ended June 30, 2018, was $1,018,350 or $(0.04) per share, and the net loss for the three months ended June 30, 2017 was $253,844 or $(0.01) per share.

After the provision for interest and income taxes, net loss for the six months ended June 30, 2018, was $1,075,119 or $(0.05) per share, and the net loss for the six months ended June 30, 2017 was $513,064 or $(0.02) per share.

About Vegalab, Inc. 
Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products: and The Packing Business is the operation of a citrus packing facility.

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.

Vegalab Announces First Quarter 2018 Financial Results

Vegalab, Inc. ("the Company"), (OTCQB:VEGL) today reported results for the quarter ended March 31, 2018.

Vegalab operates in two segments of the food industry; the Agronomy Business and the Packing Business.  The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products.  The Packing Business operates a citrus packing facility.  Because growers who use our crop protection and plant health products are potential users of our citrus packing services, and vice versa, management believes that these two business units are complementary and will create synergistic growth for both business units.

In February of 2018, the Company acquired The Agronomy Group, LLC, a California limited liability company (“TAG”), a producer and distributor of environmentally friendly agrochemicals. TAG had been our top U.S. sales organization, so the acquisition significantly expanded the Company’s internal marketing capabilities. Furthermore, the TAG product line complemented the existing Vegalab product line, and thus increased the number of products that we have available to offer our customers.

Mr. Selakovic, CEO of Vegalab, Inc., stated: “The acquisition of The Agronomy Group, LLC, was a strategic business decision that expanded the Company’s offerings and footprint in the United States.  Additionally, due to Company improvements and better streamlining of operations, revenue from the sale of Vegalab products increased 1206 percent compared to the three months ended March 31, 2017.  We will continue to build out our business and expand our footprint in key regions.  Management continues to seek strategic partners who will help increase our market share in North and South America.”  He concluded, “Demand for our natural and organic products that help restore the earth’s damaged soil continues to grow, and we look forward to serving the stewards of better agriculture.”

Results of Operations

During the three months ended March 31, 2018, the Company recognized total revenues of $7,288,629 compared to $208,816 for the three months ended March 31, 2017.  Revenue from the sale of Vegalab products was $2,729,141 compared to $208,816 for the three months ended March 31, 2017.

On October 18, 2017, the Company purchased substantially all the assets of a produce packaging business conducted under the name M&G Packing, Inc.  During the first quarter of 2018 the Company generated $4,559,488 from processing revenue.  As this business was acquired in October 2017, there was no corresponding revenue in the first quarter of 2017. 

Cost of goods sold for the agrochemicals business were $1,345,165 for the three months year ended March 31, 2018, compared to $189,451 for the three months ended March 31, 2017. 

Cost of goods for our produce packaging business was $4,350,936 for the three months ended March 31, 2018.  There was no corresponding cost of goods for our produce packaging business in the first quarter of 2017 for the reason stated above. 

Total operating expenses for the three months ended March 31, 2018, were $1,641,932 compared to $189,451 for the three months ended March 31, 2017.  For the three months ended March 31, 2018, loss from operations was $49,404 compared to $239,870 for the three months ended March 31, 2017. Expenses increased significantly as the Company hired additional staff, consultants and professionals due to its purchase of M&G Packing, Inc. and TAG compared to the three months ended March 31, 2017.

After the provision for interest and income taxes, net loss for the three months ended March 31, 2018, was $56,769 or $(0.00) per share, and the net loss for the three months ended March 31, 2017 was $225,148 or $(0.01) per share.

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry:  The Agronomy Business and the Packing Business. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products, and The Packing Business is the operation of a citrus packing facility.

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.

Vegalab Announces 2017 Financial Results

Vegalab, Inc. ("the Company"), (OTCQB:VEGL) today announced its 2017 Financial Results. 

Vegalab Inc. holds the exclusive North and South America distribution rights to a suite of Earth friendly products that includes biological pesticides, natural fertilizers, and specialty biological products marketed under the “Vegalab” brand (“The Agronomy Business”).  Sales in 2017 slowed during the first three quarters due to a combination of adverse weather in California, and the Company’s customers using products left over from 2016 purchases. In the fourth quarter, however, the Company began selling its products through two of the twenty-five largest agricultural retailers in the United States, one of which agreed to a $13 million minimum purchase requirement for 2018 in its distribution agreement.

Management strategically grew the Company in October of 2017, with the acquisition of substantially all of the assets related to a produce packing business located in Tulare County, California (the "Packing Business").  The acquisition added tangible assets to the Company’s balance sheet of 11 acres of real property and 30,000 sq. ft. of buildings located in the heart of the California citrus growing region. The purchase included all equipment, inventory, customers, suppliers, contract rights, and intangible property of the prior owner/operators. In addition, this thirteen-year-old business, with annual revenues of $8.6 Million in 2016, produced immediate synergies and new opportunities. Recognizing the potential to dramatically increase capacity, the company invested $350,000 in equipment to increase pack line efficiency and cold storage space, changes that could increase production by 200%. Should demand warrant, by simply adding another shift the Company could potentially triple the revenue of the Packing Business and dramatically increase its profits.

The acquisition of the Packing Business is a part of the Company’s long-term plan to grow its business both organically and through strategic, geographically complimentary, acquisitions. Not only did the acquisition add immediate cash flow and incremental revenues to the Company, with several customers of the Packing Business already using Vegalab's all natural products to maximize yields and increase the number of premium quality fruits produced in their citrus groves, the acquisition provides synergistic growth opportunities for both the Company’s Packing Business and the Company’s Agronomy Business.

David Selakovic, CEO of Vegalab, Inc., stated; “In the next few weeks, we will announce our First Quarter Earnings for Fiscal Year 2018.  We look forward to sharing the successful business trajectory of Vegalab Inc., as we expand the Company’s offerings and operations while pursuing new markets and business opportunities in North and South America.” 

Results of Operations

During the year ended December 31, 2017, the Company recognized total revenues of $2,491,391 compared to $2,115,421 for the year ended December 31, 2016, including sales of $361,083 from the sale of Vegalab products compared to $2,115,421 for the year ended December 31, 2016. Product sales in 2017 slowed until the fourth quarter, due to a combination of adverse weather in California and our customers using products carried over from purchases in mid to late 2016. On October 18, 2017, the Company purchased substantially all the assets of a produce packaging business conducted under the name M&G Packing, Inc. From October 18, 2017 through December 31, 2017 the Company generated revenues of $2,130,308 from processing revenue.

Cost of goods sold were $2,057,619 for the year ended December 31, 2017, Compared to $1,617,366 for the year ended December 31, 2016. Cost of goods sold for our Vegalab products decreased due to reduced sales of Vegalab products. Cost of goods of $1,774,279 on our produce packaging business was under M&G Packing, Inc. from October 18, 2017 through December 31, 2017. During the year ended December 31, 2017 expenses increased significantly as the Company hired additional staff, consultants and professionals due to its purchase of M&G Packing, Inc. During the year ended December 31, 2017 the Company recorded an expense of $180,181 as an impairment of assets acquired in its purchase of M&G Packaging, Inc.

Total operating expenses for the year ended December 31, 2017, were $2,116,404 compared to $593,334 for the year ended December 31, 2016. For the year ended December 31, 2017, loss from operations was $1,682,632 compared to 95,279 for the year ended December 31, 2016.

After the provision for income taxes, net loss for the year ended December 31, 2017, was $1,673,779 or $0.08 per share, and the net loss for the year ended December 31, 2016 was $116,361 or $0.01 per share.

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite. The Company operates in two segments of the food industry:  The Agronomy Business and the Packing Business. The Agronomy Business involves the manufacture and distribution of all-natural crop protection, crop health, and soil enhancement products, and The Packing Business is the operation of a citrus packing facility.

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.

Vegalab CEO David Selakovic Exclusive Interview Published in OTC Markets Newsletter

Vegalab US ("the Company") (OTCQB: VEGL), is pleased to announce, that its CEO, David Selakovic, was interviewed for the most recent issue of the OTC Markets News Letter. The newsletter was published on April 12, 2018 and is available by clicking here.

During his interview, David Selakovic, CEO of Vegalab Inc., provided a historical overview of the Company, underscored the diversity of the Company’s product lines, highlighted the importance of the M&G Packing acquisition which had approximately $8.6 million in annual fruit sales last year, and how the he intends to increase production at M&G Packing by 200%. David also discussed the importance of the recent $13 million Master Distribution Agreement with Stanislaus Farm Supply, which is contributing to Vegalab’s increasing sales. The interview concludes with a discussion of future opportunities to better communicate with shareholders and the investing community.

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Finalizes Acquisition of The Agronomy Group, LLC

(Palm Beach, FL) - Vegalab, Inc. ("Vegalab” or “the Company"), (OTCQB: VEGL), announced today that it completed its acquisition of The Agronomy Group, LLC effective as of February 1, 2018. The Agronomy Group (“TAG”), located in Tulare County, California, is a producer and distributor of environmentally friendly agrochemicals. TAG had been Vegalab’s top U.S. sales organization, so the acquisition dramatically expands the Company’s internal marketing capability. The purchase price for TAG was paid by the delivery of 600,000 shares of the restricted common stock of Vegalab, and a warrant to purchase 1,600,000 shares of the restricted common stock of Vegalab at an exercise price of $1.20 per share exercisable over a term of five years.

David Selakovic, CEO of Vegalab, Inc., said, “Vegalab’s acquisition of The Agronomy Group puts us in direct relationship with industry leading, national agro-chemical distributors and dealers such as Winfield United, Stanislaus Farm Supply, Buttonwillow Warehouse, and Mid Valley Agricultural Services. We are excited about the potential to increase our sales with the addition of 29 new products from TAG, including 10 of which are listed for use in organic agriculture (9 by the Organic Materials Review Institute, and 1 by the Washington State Department of Agriculture). Our management team determined this to be a highly strategic acquisition opportunity, and we  expect TAG’s environmentally friendly products and established distribution channels to substantially increase our revenues and profitability.”

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab’s pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Provides Business Update on Recently Acquired M&G Packing

(Palm Beach, FL) - Vegalab, Inc. ("the Company" or "Vegalab"), (OTCQB: VEGL) today provided a business update on M&G Packing, which was purchased on October 18, 2017. The facility consists of approximately 11 acres of real property and 30,000 sq. ft. of buildings. M&G packing had approximately $8.6 million in fruit sales during the fiscal year ended September 30, 2017. Net income from operations for the period was $83,128 and net cash provided by operating activities during the fiscal year ended September 30, 2017 was $301,257. After the acquisition of M&G the Company has received orders and shipped product at a level it believes to be consistent with M&G operations in its fiscal year 2017.

David Selakovic, CEO of Vegalab, Inc. stated, "With the acquisition of the M&G business, we sought to increase revenue and improve operational efficiencies. We believe we are off to a good start with citrus sales in the fourth quarter of 2017, despite officially taking over 17 days into the quarter. Our entire Vegalab produce team, led by Ryan Sweeney, has done a great job in a short amount of time. This is the slow time of year, so we expect our sales to increase in the next couple of quarters. Our focus is to accelerate the volume of fruit packed and the resulting sales."

Vegalab has worked to expand the capacity of its newly acquired facility. The Company has invested over $150,000 in repairs and expansion to increase capacity. The Company believes it has substantially increased the rate of packing and production for the facility, which will enable the Company to develop the opportunity to process and sell more produce.  Cold storage space has been increased from 12,000 box capacity to 22,000 box capacity with the addition of a third cold storage room and additional racks for storage.

Ryan Sweeney, Vegalab's Director of Produce, remarked, "When we took over M&G Packing, we knew that expanding capacity was critical to increase sales. We have increased the pack line efficiency and cold storage, so we can handle about twice the fruit volume as before. Currently, the team is visiting navel orange growers to introduce them to Vegalab and our packing facility. They are excited to hear about the Company's offerings, and they have shown significant interest in our environmentally friendly products. We look forward to building strong relationships with growers and believe we can offer them better service and up to date information, while working to get them the best prices for their fruit."

About Vegalab, Inc.

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab's Pollen Boost Excels in Comparative Agricultural Trials

(Palm Beach, FL) - Vegalab, Inc. ("the Company"), (OTCQB: VEGL) today announced the successful trials of its Pollen Boost product and initial first orders of Pollen Boost for delivery in early February from Stanislaus Farm Supply, Buttonwillow Warehouse Company, and Mid Valley Agricultural Services, Inc.  The successful trials and initial orders for Pollen Boost are a culmination of Vegalab's focus on market leading, Earth friendly products that give farmers a significant Return on Investment.

Vegalab is pleased to see its environmentally friendly products demonstrate market leading efficacy in recent trials on some well-known farms. Some of Vegalab's clients include Baker Farms, A.J Carvalho & Sons, Carranza Farms, Bishop Farms, Brian Deltesta, Armus Farms, Kingsburg Citrus, Mininger Farms, Rock Solid Ranches, Sun Grapes, Jakov Dulcichand Sons, and Don Deboar. In our Pollen Boost trials in 2017, we partnered with premier growers, independent pest control advisors, certified crop advisers, and UC Cooperative Extension Advisors. The strong trial results on kiwis, olives, pistachios, and almonds resulted in the $1 million order from Stanislaus Farm Supply. Vegalab trials of Pollen Boost were performed in direct competition against the largest manufacturers in the industry.

Pollen Boost was trialed on a kiwi farm in Reedley, CA and increased revenue by $7,649.40 per acre. The yield per acre of kiwis increased 5% over the grower standard yield to 6.93 tons from 6.6 tons. The most significant impact was in the size of the fruit, which increased from 161 grams per piece to 178 grams. This resulted in a significantly higher price per pound of $1.79 versus $1.30. Results of the Pollen Boost trials on an olive grove in Strathmore, CA, were also successful, increasing yield per acre 47% from 3.87 tons per acre to 5.69 tons. Trials of Pollen Boost on pistachios in Bakersfield, Tulare, and Merced, CA increased yield per acre by 8.7% from 3,696 lbs. to 4,006 lbs.

Pollen Boost was trialed on multiple almond sites against leading industry materials and led in overall increased revenue on every trial location and all 6 almond varietals trialed. Vegalab, Inc. conducted these trials in Tranquility, Los Banos, and Denair, CA. Pollen Boost increased revenue per acre better than top competition in every trial, on all 6 almond varietals and all three farms. Pollen Boost increased revenue $1,848 on average, per acre, across all trials, which led all products tested. Pollen Boost was less expensive than its competitors, costing less than $50 per acre.

David Selakovic, CEO of Vegalab, Inc. stated, "We at Vegalab believe our product lines, with Pollen Boost as a great example, will provide the market in 2018 with much needed efficacy in environmentally friendly materials. We believe Pollen Boost will provide significant sales growth in 2018 as a leading product in its class. With the results of these successful trials, we have established a clear benefit for growers and a significant return on investment.  Due to the conclusive results, we believe that peaches, nectarines, cherries, avocado, melons, cucurbits, almonds, pistachios, apples, mangos, plums and a number of other crops will greatly benefit from our product.  Vegalab's strategy is to leverage the trial results and develop a multiple crop platform for Pollen Boost, which should provide a significant market impact.  We are excited Pollen Boost has proven not only effective, but has competed successfully in trials against other industry leading materials produced by the global agricultural chemical manufacturers."

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products. Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment. Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Announces Master Distribution Agreement with Stanislaus Farm Supply

(Palm Beach, FL) - Vegalab, Inc. (OTCQB: VEGL).  On January 7, 2018, Vegalab, Inc. ("Vegalab") entered into a Master Distribution Agreement with Stanislaus Farm Supply ("Stanislaus"), a member of Winfield United, as a master distributor for California and Nevada. The effective date of the agreement is November 1, 2017, which coincides with Stanislaus' initial purchases of Vegalab products.  The initial term of the distribution agreement is five years, and the agreement provides for an annual minimum volume of product purchases with a total annual contract value of approximately $13,000,000.

Stanislaus' initial sales of Vegalab products have consisted of primarily Nematode Control, Spider Mite Control, Spore Control, and Bactor Boost™. In December, Stanislaus ordered an additional 25,000 gallons of Pollen Boost for February delivery. Pollen Boost is leading the industry in cost to return on investment. 

Stanislaus is the original Farm Supply in California. Founded in 1949, Stanislaus Farm Supply is one of the oldest supply co-ops in California and has become a major distributor in the state. Stanislaus Farm Supply has been able to survive and thrive over the last 68 years by adapting to change. From advances in technology to climate and environmental changes, agriculture is a dynamic industry full of challenges and opportunities. Stanislaus Farm Supply is proud to work alongside Farm Bureau as an affiliated co-op to be a leader in agriculture and will strive to improve the financial well-being and quality of life for farmers and ranchers. 

"All of us at Stanislaus Farm Supply are excited to be a Master Distributor for Vegalab in California and Nevada and we look forward to the opportunities this provides both of our companies.  We are proud to offer their unique, cutting edge products to our customers, which will improve their profitability while being safer than other alternatives on the market today," stated, Nick Biscay, President & CEO, Stanislaus Farm Supply.  He added, "We made the commitment to bring in Pollen Boost, because of the demand from growers after they learned of its field proven results showing increased yields and returns.  More than a simple bee attractant, Pollen Boost also contains nutrients to promote the earliest stages of nut crop development." 

Vegalab CEO, David Selakovic, said: "This valuable partnership creates major market opportunities for Vegalab products in Nevada and California (the nation's top producing agricultural State), and Vegalab is very pleased to have added such significant distribution partners to our team.  We look forward to working with both Stanislaus and Winfield United as they continue to expand sales of our products throughout their combined distribution channels. We believe this relationship will enhance the growth and prosperity of both Vegalab and our partners, as we continue expanding our overall business footprints."

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Selling Products in California with Two Major Agricultural Retailers

(Palm Beach, FL) - Vegalab, Inc. ("the Company"), (OTCQB: VEGL), an industry leader in the burgeoning market for Earth friendly agrochemicals, today announced that, in Q-4 of 2017, the Company began selling its products through two of the 25 largest agricultural retailers in the United States, Buttonwillow Warehouse Company, Inc. ("Buttonwillow") and Mid Valley Agricultural Services, Inc. ("Mid Valley Ag"), according to the "CropLife Top 100" rankings.

Founded in 1948, the Buttonwillow Warehouse Company (BWC) is a family owned and operated business with eleven retail fertilizer and crop protection locations serving nine California counties. In its initial season with the Company (fall  of 2017), Buttonwillow introduced Vegalab products in the Delano, McFarland growing region, with sales primarily focused on Nematode Control, Brix Boost, Color Boost, Spore Control, and Spider Mite Control.  

Founded in 1983, Mid Valley Agricultural Services, Inc., (Mid Valley Ag) is a full service chemical and fertilizer retailer with seven retail outlets located throughout the Central Valley of California. Mid Valley Ag's initial sales of Vegalab products in the fall 2017 season included Water Solv, Bactor Boost, Nematode Control, Spider Mite Control, Humic 12, and Folifert. 

Vegalab CEO, David Selakovic, said: "With these well established and storied agricultural dealers on our team for the 2018 growing season, Vegalab is poised to show strong revenue growth in the California market as our marketing partners introduce more of our all-natural, biologically derived pesticides, fertilizers, and specialty agrochemical product lines to more of their existing customer base." 

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Exercises Option to Buy The Agronomy Group, LLC

(Palm Beach, FL) - Vegalab US ("the Company"), (OTCQB: VEGL) -- On January 4, 2018, the Company reported in a filing with the SEC that it exercised an option to acquire the The Agronomy Group, LLC. The Agronomy Group (TAG), located in Tulare County, California (the "Business"), is both a producer and distributor of environmentally friendly agrochemicals. TAG is Vegalab's top U.S. sales organization for Vegalab products, so the acquisition allows the Company to expand its internal marketing capability.  TAG also distributes other products, so the acquisition increases our range of product offerings. The purchase price for TAG is payable by the delivery of: 600,000 shares of the restricted common stock of Vegalab; and a warrant to purchase 1,600,000 shares of the restricted common stock of Vegalab at an exercise price of $1.20 per share exercisable over a term of five years.

David Selakovic, CEO of Vegalab Inc., said, "Vegalab's upcoming acquisition of The Agronomy Group is very strategic and will bring us direct access to distribution channels in California, through distributors like Winfield United, Buttonwillow Warehouse and Mid Valley Ag Services. It also broadens our line of products with 29 new products. TAG has 10 products that are considered organic, with 9 OMRI registered and 1 WSDA approved for use in organic agriculture. TAG follows Vegalab's philosophy of delivering environmentally friendly, natural products for sustainable, large scale growing in the big agricultural environment. TAG will also benefit from Vegalab's research and manufacturing capabilities, which will reduce costs on the products they manufacture, including significant cost savings on their flagship product Bactor Boost™. We are excited about all of TAG's products and believe many will be star Vegalab products. Currently TAG's most notable product is the original, Earth friendly Bactor Boost™ formulation and its organic version, which have proven to generate higher yields."

The Agronomy Group co-founder J. Hill stated, "We are excited to be joining the Vegalab family, as we feel that the overall impact across the U.S. and internationally will be broadened by the products that both companies bring together. The vision and ideals behind Vegalab of taking care of the environment with Earth friendly products and helping growers exceed expected yield and crop quality are values that we have always embraced at TAG. We look forward to working with Vegalab and promoting these values within the marketplace for many years to come. The acquisition and formation of both companies into one, under the Vegalab brand, broadens the scope of products and increases the visibility of the company as a whole. The addition of the irrigation maintenance lines and Bactor Boost™ brings an immediate impact, both to the Vegalab bottom-line and its national market penetration."

Under the terms of the option to purchase exercised by Vegalab, the closing is required within 15 business days, which is on or before January 22, 2018.  Closing is subject to the negotiation, execution, and delivery of definitive transaction documents, so the acquisition will not be completed unless and until that is accomplished.  

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Introduces Formulation of All Natural, Environmentally Friendly Mildew Control Product

(Palm Beach, FL) - Vegalab, Inc. ("the Company"), (OTCQB: VEGL) an industry leader in the burgeoning market for Earth friendly agrochemicals, today announced the introduction of its reformulated Mildew Control product. Mildew Control is a natural geraniol based pesticide that uses this essential plant oil in a formulation which, is both curative and preventative against downy mildew, and many forms of powdery mildew, on a wide variety of crops. The new formulation doubles the dilution ratio to as high as 2,500:1, with no decrease in efficacy. The improved dilution ratio reduces the cost per application by almost half, making Vegalab's Mildew Control cost competitive with other manufacturers' mildew control products, while providing the superior efficacy and environmentally friendly attributes the Company's customers have come to expect from its products.

David Selakovic, CEO of Vegalab said, "Mildew is a serious problem in multiple crops throughout the world.  Primarily we see a huge opportunity in the berry, tomato, fresh vegetable and the grape markets. Our Mildew Control provides excellent mildew suppression, even during periods of peak infection, while eliminating the concern of flaccid berries caused when using our competitors' materials currently on the market. With our new pricing and proven efficacy, we expect to see rapid acceptance among grape growers for our new formulation, and a corresponding increase in future sales of the product.   This new formulation is an example of Vegalab's innovation, as well as our commitment to constantly improve our natural, environmentally friendly product line."

The improved Mildew Control formulation and its benefits were made possible using nanotechnology and advanced adjuvants. The product is a liquid formulation that is applied to plants as a foliar spray. It is EPA-approved under FIFRA Section 25(b) as a minimum risk pesticide.

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Vegalab Announces the Acquisition of M&G Packing Inc.

(Palm Beach, FL) - Vegalab US ("the Company"), (OTCQB: VEGL) has today announced the purchase of substantially all of the assets related to a produce packaging business located in Tulare County, California(the "Business"). The acquisition, which closed on October 18, 2017, consisted of the purchase of approximately 11 acres of real property and 30,000 sq. ft. of buildings from M & G Farms, Inc., a California corporation, and all of the equipment, inventory, customers, suppliers, contract rights, and intangible property from M&G Packing, Inc., the Californiacorporation that operated the Business. The total purchase price for the Business, including closing costs, was $854,452. The Company purchased the Business with $425,000 down and the balance on an 18-month promissory note with interest at 6%.  The Business, located in the middle of a citrus growing region near Fresno, CA, has been packing mainly oranges and lemons for about 13 years, and will be operated as M&G Packing, LLC, a wholly owned subsidiary of the Company ("M&G").  

David Selakovic, CEO of Vegalab Inc., stated, "We acquired M&G to facilitate our long term strategic and financial growth. With several of M&G's customers already using Vegalab's all natural products to maximize the yield and increase the number of premium quality fruits produced in their citrus groves, we believe this acquisition will produce tremendous synergies between our packing business and our all-natural agro-chemical business.  By seamlessly integrating the entire process from planting to packaging; by supplying growers with products that increase their yields of premium quality fruits; by packing their fruits efficiently; and by giving them access to our network of international buyers who pay the highest prices for premium quality citrus, we expect to grow both businesses rapidly."

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty agricultural products.  Vegalab's pesticides are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.  Vegalab products support a healthy soil biome and are cost competitive with synthetic chemicals that do just the opposite.

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.

Shareholders Vote to Rename HCP Acquisitions Inc.: Vegalab

(Palm Beach, FL) - HPC Acquisitions Inc. (HPCQ) DBA Vegalab US ("the Company"), (OTCQB: VEGL) has today announced the results of a special meeting of stockholders held November 6, 2017. During this meeting, it was resolved by the company's stockholders to amend the Articles of Incorporation to change the name of the Company to Vegalab, Inc. In addition, the Company had previously filed a request to change its ticker symbol from HPCQ to VEGL, which change was approved and became effective for OTC market trading on November 13, 2017.

Management believes the name and ticker change will align its identity in the minds of its customers and shareholders  with the Vegalab line of products the Company distributes. As the exclusive North and South American distributor of Vegalab products, the Company adopted "Vegalab US" as its official DBA when it entered the agricultural bio-chemicals business in March of 2016. Vegalab products consist 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. Vegalab US holds registrations for its products in a number of US states, Costa Rica, and Panama, and is pursuing additional registrations domestically and in Canada, Mexico, and Central/ South America.

About Vegalab, Inc. 

Vegalab, Inc. is the exclusive distributor in North and South America of a line of all-natural, biologically derived pesticides, fertilizers, and specialty products that are highly effective against targeted organisms, non-toxic to beneficial organisms, and safe for the environment.

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.

Vegalab US Adds Myco BioBoost To Its Line of Soil Inoculants

(Minden, NV) – HPC Acquisitions, Inc. (OTCQB: HPCQ) DBA Vegalab US, a biotech company focused on delivering biological pesticides and natural fertilizers using its proprietary micronization and nanotechnology, announced that it has added Myco BioBoost, a highly concentrated and customizable mycorrhizal fungus soil inoculant, to its product line.

Myco BioBoost's proprietary water-soluble mycorrhizae are manufactured in powder form boasting 82 propagules per gram, one of the highest concentrations of propagules in the market for a solid product. The mycorrhizae are obtained in vitro, which guarantees an exact spore count.  In addition, the process is completely sterile; problems of contamination with other organisms are eliminated.

Mycorrhizae symbiotically bond to the roots of a plant, growing on and expanding the root's overall surface area. This increases the root system's ability to absorb water and nutrients. The protective coating of beneficial fungi shields the root zone from pathogens and feeds off of the starch exudates excreted from the plant's roots. In exchange, the mycorrhizal colony provides a bio-available phosphorus plant food.

Vegalab's eco-compatible fungi can be customized by crop or country, which ensures that the selected fungus is adapted to local environmental conditions. Myco BioBoost has received EPA registration and is available for purchase.

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 allows Vegalab to create products that foster a healthier world.

Vegalab US and Fertica Enter Exclusive Distribution Agreement for Guatemala

Palm Beach, FL (January 10, 2016) – HPC Acquisitions, Inc. (OTCQB: 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.

Vegalab US Boosts Concentration of Spider Mite Control by 5x with Improved Formulation

MINDEN, NV – Today, HPC Acquisitions Inc. (OTCQB: HPCQ) DBA Vegalab US (“Vegalab US”) launched the improved formulation of its Spider Mite Control. Spider Mite Control is a biological pesticide that targets spider mites, pests known to feed on several hundred species of plants.  These pests cause mottled leaves and often destroy the entire plant at a rapid speed.

Spider Mite Control is highly effective by attacking spider mites in two different ways. It blocks the breathing holes of spider mites, causing them to die from suffocation. It also causes reproductive disruption among female spider mites; this leads to infertility, eggs that do not hatch, or mites that do not develop to an adult stage.

 The improved formulation calls for a dilution rate of 1:500-1:1000 (depending on level of infestation), while the old formulation recommended a dilution rate of 1:100. With 5x the original concentration, the improved Spider Mite Control drastically lowers the amount of product needed, and therefore cost, per application. As with the original formula, zero pesticide residue is left on the plants.

The improved Spider Mite Control formulation and its benefits were made possible by using proprietary nanotechnology and advanced adjuvants. The product is a liquid formulation that is applied as a foliar spray to plants. It is EPA-approved under FIFRA Section 25(b) as a minimum risk pesticide.  

About Vegalab US

Vegalab US is committed to sustainable agriculture through technological innovation.  Our range of biological pesticides, fertilizers, and specialty biological agents are effective as well as safe to non-target organisms and the environment. The active ingredients in our solutions consist primarily of oil extracts from different plant sources. We believe in applying innovative technology to powerful natural agents to create products for a healthier world.