(OTC: VCTPF)

Industry: Recreational Services
On the web: http://www.valcent.net

Valcent Products Inc. was incorporated in accordance with the provisions of the Business Corporations Act on January 19, 1996, as 681673 Alberta Ltd., later changed to Ironclad Systems Inc. On June 30, 1998, the Company acquired all of the outstanding capital stock of Good Times Roll Bicycle Rentals Inc., a bicycle rental business incorporated under the Company Act, and of Arizona Outback Adventures LLC, an Arizona limited liability company which operated guided adventure eco-tours. The Company also changed its name from Ironclad Systems, Inc. to Bikestar Rentals Inc. On May 8, 1999, while still operating the bicycle rental and eco-tour businesses through Bikestar Rentals Inc., the Company incorporated Nettron Media Group Inc., a wholly-owned subsidiary under the laws of the State of Texas, as a marketing enterprise focusing on products and services that could be marketed through internet as well as more traditional business channels. Nettron Media Group Inc.'s focus was Cupid's Web, an interactive online dating and marketing service. The Company also changed its name from Bikestar Rentals Inc. to AdventurX.com, Inc., and later to Nettron.com, Inc. On March 24, 2004, the Company disposed of its interest in Nettron Media Group Inc. and began exploring business opportunities that might allow them to restart commercial operations. On April 15, 2005, the Company changed its name from Nettron.com, Inc. to Valcent Products Inc. to reflect a newly adopted business plan. Valcent Products Inc. is in the development stages of creating technology for a High Density Vertical Bio-Reactor. The objective of this technology is to produce a renewable source of biodiesel by utilizing the waste gas of carbon dioxide capable of growing micro-algae. The High Density Vertical Bio-Reactor is configured in a manner intended to promote the growth of various forms of micro-algae which is later processed to remove volatile oils suitable for the production of biodiesel. The design of the technology allows the reactors to be stacked on a smaller foot print of land than traditional growing methods require. The Company's Nova Skin Care System is presently in the early production and initial sales phase. Valcent has finalized an agreement with Solid Integrations, LLC, for the manufacture and assembly of the Nova Skin Care System. All of the raw material components, tooling and fixtures, as well as the packaging and the associated creams and lotions that would be included with the Nova Skin Care System have been procured. The Company has retained Arizona Natural Resources, Inc., a private label and contract cosmetic manufacturing firm, to formulate and manufacture the creams and lotions to its specifications which are included with the Nova Skin Care System. Presently, the Company has engaged Sanders\Wingo, a marketing, brand strategy and advertising firm, to develop sales books and marketing materials for use in presentations to possible distributors and retailers for each of its potential consumer retail products, and Packaging Corporation of America, a manufacturer of containerboard and corrugated packaging products, to develop packaging materials for use in shipping its potential products to consumers. The Company has applied for registration of its trademarks in the United States in order to establish and protect its brand names as part of the intellectual property assets. The Company has applied for registration of Dust Wolf(tm), Tomorrow Garden(tm), "Valcent" "Nova", the Nova logo as well as various designs associated with its prospective Nova Skin Care product line.