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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 multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, 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 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

Comment by 15Stanmoreon Nov 18, 2020 10:01am
138 Views
Post# 31921543

RE:RE:Time to Reward Shareholders - Plan B

RE:RE:Time to Reward Shareholders - Plan B
MikPrecious wrote: I don't see management agreeing. I do believe dividend is a good idea through the use of shares like the way Cris pays homself nicely.  My horizon is still some growth but $1 or slightly above for 2021 and for 2022 $1.50.  It is indeed a slow moving train but at least it's moving toward the right direction.  


I have no problem with management not "agreeing" with the conceptual proposal I floated as to how they might raise $4 million without hurting existing shareholders or damaging the company balance sheet. What I would find disappointing would be to have management simply disagree and dismiss the proposal without offering any evaluation of the merits of this free consultants report they have just received. Why would you not reward current shareholders by giving them a chance to pay you a further $4 million, in return from finally getting a piece of the action by way of a 3% off the gross margin royalty.

Even worse will be to find out 6 months from now that they have struck a private deal to sell someone the royalty without giving existing shareholders a chance to participate.
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