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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

Post by 15Stanmoreon Jun 12, 2021 3:35pm
384 Views
Post# 33378098

Customer feedback issues

Customer feedback issuesHello Ciao,

After the initial announcement in 2020, I had the expectation that we would be receiving a regular and detailed update on the performance of the Verde Customer Relationship Program. At the time I thought this was a brave move by the Company, which would be ok if the reports were positive and improving, but perhaps embarrassing if the results were negative and getting worse.

To date I have not seen any recurring update of the initial report, but I could have missed something that the Comapny released. Mr. Veloso was asked in the last Q&A if his sales team was ready and able to handle the growing complexity of the Verde product line and its rather sophisticated technology. His answer was, perhaps surprisingly, "NO" but without any further detailed explanation.

I believe this would be a good line of questioning at the corporate presentation next week. 

Cheers.

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