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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 Benedictuson Jun 25, 2021 12:45am
210 Views
Post# 33449151

RE:RE:RE:RE:RE:Back to $1.10

RE:RE:RE:RE:RE:Back to $1.10

Agreed with your lamentation about the incentive structure in its current form; however, aside from voting our shares and making it known that (hopefully) a good sized portion of the shareholder base disapproves of his overly generous pay package, I do not find it useful to harp on and on about it as you continue to do.  

Yes as I mentioned a while back on the ceo.ca thread, CV wears too many hats and he needs to hand several of them off, starting with hiring a solid Sales VP and I'd hope his disastrous hiring and firing of the Sales VP for the 2019 sales season taught him some valuable lessons in what attributes to emphasize. I certainly like the process he's described in terms of how they've brought on a young hungry sales team. Verde has survived some very low points and was for years almost a one man show so these growing pain points should not be unexpected. While I find CV to be hard headed and arrogant at times I'm also not blind to the fact that these also may be important attributes in creating a far bigger more successful company and thus far, while my patience has been tested, I still believe in the potential for Verde to reach the far less capital intensive PFS phase 2 target within 7 years. The global narrative is also swinging into Verdes corner...so the tailwind may pick up speed in coming years. All imo 

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