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 > CEO Compensation Recap

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Comment by Dougisgoodon Nov 14, 2021 3:06pm

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Post# 34124993

RE:RE:RE:RE:RE:CEO Compensation Recap

Thank you! That's good to read about the tax credits.

I'm was more inquiring as to the complete picture regarding salaries. Adding up the values I believe you indicated were pertinent as being paid in shares and not salary the value appears to be $3.32 million.

If the CEO wasn't paid in shares what would he have been paid in, cash presumably? Where would the cash have come from? Loans? Would the loans have been paid for by issueing shares to a bank? It seems like the CEO was able to eliminate the middle man, avoiding middle man banking costs to shareholders, and also ensuring he wants the company to succeed more than anyone due to his shares?

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