Verde Agritech Ltd T.NPK

Alternate Symbol(s): VNPKF

Chemicals Basic Materials

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.

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Verde Agritech Ltd > Court case

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Comment by Ciaoon Oct 22, 2021 2:08pm

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Post# 34038365

RE:RE:Court case

The low volume is somewhat meaningless to interpet and hard to correlate to a nuisance court case.

The overall picture is more of a concern; cost of sales (CIF), receiveables (with severe drought will farmers have cash flow to pay for their purchases), and the cavalier attitude of the CEO to shareholders. The former 2 factors will hit the bottom line hard regardless of sales (which will guarantee a full bonus to the CEO.

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Two micro-cap stocks with strong fundamentals