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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 PedroPistacioon Nov 08, 2021 11:23am
315 Views
Post# 34099958

Shoddy accounting

Shoddy accountingI think CV needs to eat some humble pie. Stan has caught him out on several occasions now, but CV still treats Stan's questions with contempt and that is just not on. After this latest error I think the board needs to show some contrition, and dismissing large private shareholders' questions is not being contrite. If I'm brutally honest I think Stan you can go in a bit heavy at times, so there may well be a classic personality clash with CV, but nevertheless we are all adults here and for CV to simply dismiss awkward questions just because he doesn't like who's asking them isn't good enough. Perhaps the Board do indeed need to sack the CFO, but I suspect it will be up to shareholders to give the Independent non-execs a shot across their bows to keep the executive management in check. We really need to stop management scoring own goals when we are winning!
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