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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

Comment by goldwatch69on Jul 30, 2022 1:39am
364 Views
Post# 34861842

RE:Re- Domicile rally?

RE:Re- Domicile rally? On a CUSIP change, naked shorts are forced to cover which triggers an overall chart covering rally. VERDE trades on the OTC as well as the TSX. I would assume that it's a combination of a confidence boost along with short covering. CV already has a plan to sell at 9 and up. He has no reason to sell at low prices any longer as he sold enough at cheap prices. This is ridiculously undervalued and the truth will be in the upcoming earnings. At near $1 a share forward earnings, this should be at $15 minimum with growth doubling YOY.
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