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Verde AgriTech Ltd. T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multinutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is located in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Post by goldwatch69on Sep 20, 2020 7:45am
292 Views
Post# 31588246

Ah Haha some lurkers are back

Ah Haha some lurkers are backTrying to defend themselves and another who had nothing better to do then go after the CEO and cast doubt on the company. Followers sticking up for naysayers fall into the category of posters attempting to bring the stock price down possibly for compensation or for personal gain. Amazing how no sooner than I post, a couple come out of the woodwork after weeks of silence. Steering towards the negative, questioning everything under the sun, trying to destroy credibility is an act of defiance against the CEO and the company regardless if initial comments were positive and if a few more might of been made. Much questioning, not just the plant, but about many things including suggestions about accounting irregularities and blowing investors money. Flipping back and forth trying to shakeout shares and drive the price down. One has to be careful with companies on public stock exchanges such as GIGA, granted. Investing is no simple task. GIGA is the latest scam where a rumor of a TSLA partnership circulates and insiders gain 1000% and more on their 10 cent options ... and then the CEO announces that there is no material change that she knows of to warrant the increase in share price after insiders cash out. Yes, one has to be careful. Is the CEO selling shares? No, he has been receiving shares as compensation. Nothing wrong with that. What matters most is the company is spending money wisely and carefully financing growth with cash and minimal bank financing to produce a product far better than conventional fertilizer for the Brazilian farmers. The goal is to get rid of the dependency on imports and stop poisoning the ground and crops. The company has good connections with the government that will help achieve their goal. The permitting speaks for itself. Not to mention, the government is fully supportive of eliminating potash imports and with 2.5 million tonnes on the horizon, that will cut into Capotex's bottom line big time. Last thing I will say for now is that when you see a good company that is interested in keeping investors informed, is putting money into the company for growth, is not diluting the stock and blowing investors money and has proven that the operation can sustain itself, it's an investment not a quick flip. I have asked the company to consider a little more transparency in providing some idea of sales and guidance in the monthly reporting so that we don't have to wait months for the quarterly. Perhaps that might help to put all this doubting to rest. This is a good investment for the long term and John Kaiser sure seems to think so. Look him up if you don't know who he is.Not to mention the CEO has been holding shares for years, keeps increasing his position and hasn't sold a single share.
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