Dear Subscribers

We recently submitted a Letter of Demand issued to Agropark’s management through our Legal Practitioner, rejecting their explanations for negative remittances and inability to pay remittances due to subscribers between April - August 2020.

Our decision to issue a Letter of Demand to Agropark became necessary following unsuccessful individual and group-led attempts to engage the company’s management team on the above and actions taken without the consent of subscribers.

The requested actions below are extracts from our Letter of Demand (with the deadline of Monday, September 14, 2020, we are still expecting the Agroparks’ response to the letter).

• Immediate reversal of all negative remittance communicated to subscribers

• Immediate payment of all accrued returns from April - August 2020.

• Disclosure of a business structure and farm succession plan for our clients’ farm lot

• Reconciliation of all accounts and yields

We are also aware that Agropark has recently issued communication to some subscribers stating that there will be further delays in payment of revised remittances. This is another cause for concern and further strengthens our resolve to continue the drive to restore contractual obligations from Agropark to subscribers.

Many subscribers in this group have affirmed the importance of ensuring that Agropark is held accountable for the communication of the financials and immediate payments of overdue remittances. We are making steady progress towards ensuring that these objectives are achieved. If you are willing to join this collective drive, kindly complete the table below with your investment information (including your full name as registered on the Agropark investment).

FULL NAME (As registered with Agropark):
No Investment Type Initial Investment (NGN) Expected Returns per Cycle (2020 only) Subtotal (NGN)
April May June July Aug

1 Crop * <please type your total amount paid for farmland i.e. outright purchase or lease>
2 Poultry <please type your total amount paid for lease of pens>
3 Fishery <please type your total amount paid for lease of ponds>
*e.g. Spices and Maize

Please note that by sending your investment information to us, you are consenting to all legal and reasonable means of resolving the above issues with Agropark, and to be represented by the legal team engaged for this purpose. Your information will be treated in strict confidence and known only to a handful of organizers and the legal team.

Finally, we understand that you have made the investment in Agropark in order to solve a national agriculture problem and make a decent proceed from it, hence, the Agropark leadership team must fulfil their contractual obligations.

We are looking forward to hearing from you...

Regards,

AP Concerned Subscribers
Email us: apconcernedsubscribers@gmail.com

PS: If you have already sent your investment information to us, kindly disregard this email.