Farmpower postpone investors payment till March 2028

Farmsponsor an Agri-Tech business that operates across the value chain of the poultry business, retail and agro estates; empowering local farmers has postponed the payment date of investors to as far as March 2028.

A "luckier" investor got her payment circle shifted to August 2027. In a press release, farmsponsor claimed that the SEC policy has affected the way they conduct business and that they will have to halt payments for now but investors are adamant that payments were already being differed before that and that the SEC fiasco is being used as a ploy by the organization to get out of the contract.

On the 4th of June, they had appealed to investors to join their monthly Town hall meeting on Zoom.

In the meeting, the Agenda was to introduce their new Financial Manager and Legal advisers, providing a way forward and General update for investors. Little did investors know that the new financial officers will spell doom for them as their first policy change would be to postpone payments to 8 years from now.

Nairainvest is using its medium to appeal to the management at Farmsponsor to find a way to reimburse investors funds within a shorter period.

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