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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 Mexiurlon Aug 16, 2023 6:14pm
213 Views
Post# 35591913

Investment Dealers

Investment DealersAnd another thing...Verde Agritech doesn't need financing to expand, the cash flow is expected to generate self financing. So Investment bankers etc are not required. But the company should have sold 5-7 million shares from treasury at 6 dollars or more, eliminate the high interest debt, but also develop relations with Investment Bankers or Investment Dealers. There is basically no research whatsoever from credible sources. Given the compelling Macro attributes, wouldn't there be better support and awareness if either Wall Street or Bay Street actually knew this enterprise existed? The stock has a cult like following, many involved have super low cost shares. Nobody can really hold Christiano Veloso to account, which is a recurring problem when founders remain in charge. CV is a man of vision. Now we need a person that can operate the business. Someone from Nutrien or Mosaic. Too many scientists, not enough operators and sales and marketing experts. The product is not selling. We need Glengary Glenross old school salesmen. The competition has made it look easy, preventing NPK to penetrate the market. If talk about carbon credits didn't recently appear, there would be very little value supporting this stock. And 100 tonnes of product fits easily in one heavy hauler, its not very much. Great story, but Cinderella is now choking at the ball
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