Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 25, 2021 9:56am
243 Views
Post# 33449885

Harping on about CEO Compensation

Harping on about CEO CompensationHello Benedictus,

How does the saying go - "the out of tune harp gets the tuning oil" - sorry for the mixed metaphors.

I would suggest that it has been the rather persistent focus by shareholders on the CEO compensation issues that produced the response in March whereby Mr. Veloso made the voluntary concession to place his (and the CFOs) recently awarded stock option in escrow until the share price reached $6.45.

I would also note that Mr. Veloso is not shy about continually "justifying" his self interested decisions, and those of the "independent" Board he personally selects and renews each year by exercising his minority (but sufficient) controlling share position.

My other squeeky wheel has been the appeal to all shareholders to vote their shares when given the opportunity to do so, such as at the June 30 2021 AGM. Other than Mr. Veloso and his associates, almost no shareholders have participated in recent AGM votes - a situation I hope we will see change this year with the application of some timely voting oil in response to all my harping/squeeking.

Thank you for your other comments in your post today, I believe we share a very similar assessment of the overall Verde opportunity. Hang in there.

Cheers,

S.
<< Previous
Bullboard Posts
Next >>