Wine grape outlaw Jeff Hill scores multi-million-dollar stock deal

Despite two felony convictions and a current federal indictment, Jeffry Hill has scored an agribusiness stock deal that could be worth millions.

 

Last month, a small-cap public company, Vegalab, Inc. (VEGL: OTCQB) announced it had bought Hill’s company — The Agronomy Group, LLC (TAG) — in a deal Vegalab documents indicated was worth just under $5 million.

 

Vegalab, is a Nevada corporation, headquartered in North Palm Beach, FL. According to its OTC company profile, it is “a distributor of fertilizers, pesticides, and specialty biological agents for use in agriculture that are “all natural” in that the active ingredients consist primarily of oil extracts from different plant sources.”

 

TAG is an organic fertilizer and pesticide business founded by Hill and later co-owned with Kingsburg rancher Ryan Sweeney who operated a similar organic agribusiness, Agrobactor. It’s not known what percentage of TAG each man owns.

 

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Also in this 993-word premium article

• Stock deal may be cause of federal fraud trial delays and sealed records.

• 600,000 shares and 1.6 million warrants

• Paper-based deal is a big bet on the future

• Jobs for Hill, Sweeney

• Agronomy Group’s shares: Big potential impact on small float

• VEGL: From beef jerky to organic agrochemicals

Previous Wine Industry Insight Coverage

• TTB investigation source says Justice Dept. dropping ball on Jeff Hill Napa Valley grape fraud case

• Jeffry Hill may have entered a plea deal in federal wire and mail fraud case

• Jeffry Hill sanitizing web reputation as plea deal grows likely in federal felony case

• Feds charge Jeffry Hill with wire & mail fraud in Napa Valley vintage and appellation fiddling scheme

• Jeff Hill Pleads Not Guilty To Grape Theft

• HillWineCo: More Bulk Wine Discovered & Up For Grabs

• Hill Wine Co: The Pink Bunny Of Wine Financial Disasters

• Hill Wine Debacle: Napa Valley Cab: $2.93/Bottle, $5/Gal

• Hill Wine Co Bankruptcy Now In Chapt 7 Liquidation

• Hill Wine Co – Fireworks Likely In Today’s Liquidation Hearing

• Hill Wine Co Rushing Toward Liquidation

• Security Of Grower Liens Uncertain In Hill Winery Bankruptcy

• TTB Carpet Bombs Hill Wine Co With Felony Allegations

• Confused Hill Wine Co Chapter 11 Stumbles Forward

• Hill Wine Co Bankruptcy Snares Big Names, Big Time