Verde Agritech Ltd T.NPK

Another...

[Janota59]

....... Bank, Banco Votorantim S/A has lodged an 'execution of extrajudicial title' against FVS Mineracao... & Verde Fertilizantes....

Are those 'negotiations' are going OK?
Have they started?

[Mexiurl]

Seen more than one promising concept, not to be confused with asset, circle the bowl on its way out, after wiping with debt covenants. Not sayin', just sayin'

[Janota59]

Banco Votorantim S/A have also lodged a similar 'execution of extrajudicial title' in DJSP (Sao Paulo). The case in my original post was DJMG (Belo H). Case value is R$4,237,290.37 An interesting piece is the case 'general information subject': Assunto DIREITO CIVIL (899) - Obrigaes (7681) - Espcies de Contratos (9580) - Contratos Bancrios (9607 - DIREITO CIVIL (899

[triken]

Without considering the merits of the case the amount involved is a little over $1 million CDN.

[Janota59]

Banco Inter S.A. makes it three.......3/7..... .......R$4,083,593.03.....that's also only a little (circa CDN$45k) over CDN$1million.

[Mexiurl]

Geez, this could make a big dent in the npv calc done in house, the 300 dollar number....walk, don't run...its a dog with fleas

[Janota59]

....another process. I make that 3 banks, 4 processes. This one's R$18,807,473.52, that's a 'little' under CAD$4.7m. https://www.jusbrasil.com.br/diarios/1319745858/djmg-belo-horizonte-04-07-2024-pg-540