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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 15Stanmoreon Nov 07, 2021 10:00am
240 Views
Post# 34097219

RE:RE:Verde AgriTech Files Amended Interim Financial Statements an

RE:RE:Verde AgriTech Files Amended Interim Financial Statements anHello DiggeDiego,

As someone whose family holds over 1 million Verde shares, the last thing I truly ever want to see is a public news release from Verde required under Canadian securities legislation to inform the markets of a material mistatement in a previously certified and filed publicly released financial statement, or in this case statements (Q1 and Q2 in 2021).

I take no pleasure in being proven correct regarding the concerns I have been voicing since April 2021. The fact that the Verde Board must now be seen to act, especially the (supposedly) independent members lead by Mr. St Aldwyn (our Independent Lead Director who is meant to be holding tightly onto Mr. Veloso's choke-chain leash) is cold comfort given the negative publicity and damage to corporate reputation this latest amended financial statement notice will have caused.

Regretfully.

S.
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