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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 15Stanmoreon Mar 02, 2022 5:09pm
341 Views
Post# 34476816

Silence is Golden

Silence is GoldenDear fellow Verde shareholders,

I am most gratefull for the recent posts expressing concern about my health and my Verde holdings. It is good of you to take time out of your busy days to wonder aloud about me on Stockhouse. Let me assure you that I remain in good health in spite of a recent covid infection (February 12 - 20) which passed with very little impact. I followed the FLCCC early treatment protocols, which seemed to take care of any potential issues I might have faced.

I am happy to share the history of my Verde family holdings as follows:

July 6, 2020  Bought 4,000 at $0.48                 (first purchase)
December 31, 2020   held 260,900 shares       (year end holdings)
July 6 2021  held 871,000 shares                     (held after 12 months)
September 29, 2021 held 1,000,700 shares     (first time held over 1 million shares)
October 19, 2021 held 1,100,300 shares          (high water mark for NPK shares in the portfolio)
December 31, 2021  held 808,000 shares         (year end holdings)
March 2, 2022      hold 685,000 shares              (current holdings)

The 685,000 shares held at close of business today have a maket value of $5,390,950 based on the last trade today at $7.97.

The adjusted cost base of these shares after giving effect to the realized gains from sales made to date is negative $0.79 per share.

I hope this will go some way to allaying any need for concern about my experience with our family's Verde holdings over the last 20 months.

I trust you have enjoyed a similar run, and have been able to draw some useful guidance from the due diligence work I have been sharing since July 2020.

All the best.

S.
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