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Verde Resources, Inc.
- Market Cap
- Unavailable
- Price
- $0.032
- % Change (Daily % change from the live per-ticker quote feed.)
- -17.95%
- Volume
- 4.9K
About
Verde Resources, Inc. operates as a road construction and building materials company in the United States, and Malaysia. It offers Verde V24 a licensed proprietary cold mix biochar asphalt emulsifying agent. The company offers engineered biochar; cold mix biochar asphalt, a stable form of carbon derived from organic waste, and formulated with a proprietary emulsifying agent; as well as terraZyme enzyme-based oil stabilization, a proprietary enzyme-based catalyst engineered to improve the strength, durability, and moisture resistance of native soils. It also provides BioAsphalt, a powerful carbon sequestering material. In addition, it offers digital innovation, marketing and consulting services, PR, branding, influencer marketing, event management, and media relations services. It serves road construction and infrastructure development, as well as governmental entities. The company was formerly known as Gold Billion Global Limited and changed its name to Verde Resources, Inc. in February 2014. Verde Resources, Inc. was incorporated in 2010 and is headquartered in Saint Louis, Missouri.
Quick stats
Shares outstanding—
Computed float410.8M
Float / sharesUnknown
Key info
SectorBasic Materials
IndustryAgricultural Inputs
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001506929
AI Summary
AI-generated1/4
minorbullishpartnership
Verde and Highway International Sign Strategic Memorandum of Understanding to Advance Carbon-Sequestering Roads in Singapore
Verde Resources executed a strategic MoU with Singapore’s Highway International to validate its Verde Net Zero Blueprint, a platform integrating engineered biochar into asphalt to create carbon-sequestering roads.
The parties plan to launch a pilot program this year to evaluate performance and production readiness, with the intent for Highway to become a licensee upon successful completion.
This partnership serves as a launchpad for Verde’s expansion in the Asia-Pacific region as the company also pursues a Nasdaq uplisting.
Red flags
- Partnership is a non-binding MoU contingent on pilot success and definitive agreements
- No financial terms or revenue impact disclosed
- Company currently trades on OTCQB and is pursuing uplisting