(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.