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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 Celt1967on Apr 01, 2021 2:24pm
182 Views
Post# 32924149

RE:RE:RE:RE:2020 Q4 Results

RE:RE:RE:RE:2020 Q4 Results
I'm going to resist over reacting until we can see the CEO and the white of his eyes when is answering those very same we all have on the tips of our tongues. It was only two months ago we were congratulating the CEO for his openness, candour and clarity in answering questions. Ever since 2007 our rash assumptions have (from time to time) been proven wrong and I'm quite sure this will also be the case. I think I am correct in saying that the current CEO has not yet earned any salary from the company since its inception. He has only recieved shares in lieu of his time and efforts. Once it becomes profitable, would it not be unreasonable for the company to pay him what he may have earned over the previous five years for example? I think we are all guilty from time to time to jumping to conclusions especially around Quarterly results. This will be the 40th time I have seen quarterly results cause the share price to drop but I continue to hold despite the apparent downward pressure on investors as the story, our CEO's vision and the geographical need for this product is still robust, growing and following the very gradual path our CEO said it would. As the monthly newsletter says, We are not good enough for you to invest if you: Are risk averse. Just want to make a quick buck. Expect delayed growth so you can earn dividends in the near term.
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