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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 Benedictuson Sep 28, 2023 2:05am
196 Views
Post# 35658567

RE:RE:wouw that hurts

RE:RE:wouw that hurts
Mexiurl wrote: And, shamefully, we all saw it coming. Its like that shiny object, its allure causes us to suspend rational judgement. Case in point: we all suspected CEO's late stages of discussion carbon credit deal was iffy as hell. We kinda thought it was a distraction from the fact farmers  ain't digging the product, especially after the orders were cancelled from the flood. Yet we are all going down with the ship, gradually then suddenly. 


While I mostly agree with you, as a long term holder it's commensurate upon me to also play devil's advocate wrt recent lackluster sales. We must keep in mind just what Verde is up against in terms of penetrating a market successfully dominated by international potash behemoths with enormous advantages. This has been a synergistic relationship, having made many farmers and farming communities extremely wealthy over decades. Counter this reality with a virtual start up: a tiny field sales team, very limited access to capital, a paltry marketing budget, a ceo who prefers hyping/over-promising instead of reality and a few dozen anecdotal testimonials for their product. The David and Goliath comparison is appropriate here. 
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