HPC Acquisitions Inc (HPCQ), DBA Vegalab US, Completes Initial Capital Raise and Starts Sales
HPC Acquisitions Inc. (HPCQ), operating as Vegalab US, announced completion of its initial private placement offering of 1,000,000 shares at $0.50 per share. The company also reported initial sales performance for its natural agricultural product line.
During April 2016, its opening sales month, the company generated over $450,000 in revenue. "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," stated CEO David Selakovic, expressing confidence in continued growth.
Vegalab US commenced Latin American marketing efforts, anticipating initial orders from Costa Rica and Panama during Q2 2016. The organization actively pursues distribution partnerships throughout the United States and Latin America to support expansion initiatives.
Vegalab US distributes natural fertilizers, pesticides, and biological agents derived from plant-based oil extracts for agricultural applications. The company maintains exclusive Western Hemisphere distribution rights to Vegalab SA's global product portfolio.