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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

Bullboard Posts
Comment by topdopon Dec 12, 2017 10:32am
152 Views
Post# 27137525

RE: Verde CFO/CO and DIRECTORS....

RE: Verde CFO/CO and DIRECTORS....#truthisok (and others) Maybe they took stock from Treasury in lieu of Salary? You don't know that; the legal, regulatory filing doesn't tell you that. But if that were the case, the SEDI insider trading reports may possibly have been filed incorrectly. The requisite OSC codes are very straightforward. I've already posted them on this BB yesterday. If an Insider is receiving new Treasury stock, as you suggest may be the case, then the filing should be: "95 Compensation for services" rather than: "97 Other (than referred to above)". This stuff is important and no Company should be caught sending the wrong message. To my knowledge, and since NPK began to run out of money last year, NPK has not publicly disclosed new compensation terms for - it seems - its entire BoD and the CEO. If using "97 Other (than referred to above)" was an attempt to NOT draw attention to what is being suggested, then that is wrong at best and low-handed/sly at worst. They ought to correct the misstep and move on. These are my views only. Thanks for reading.
Bullboard Posts