Some one Explain the Pike management Land shares!

[SASKFARMER3]

Where does one see how this share offering took
place.
And do they get there asses covered under
agrastability etc.

[hobbyfrmr]

SF3, where were you and the other few neighbors
when it was time to write a cheque? The 37
quarter guy did not just wake up one morning and
decide to sell it all to Broadacre. Maybe the seller
did not realize how successful you and the other 2
neighbors are. You guys should have stopped in
and told him.

[SASKFARMER3]

Sorry hobby You maybe arent up to date
on the time line for this story.
Seller off on winter holiday. HAlf way
into it one of his renters lists farm
(10 Quarters) it sells to these guys
then by time he hits the ground in
Regina another renter sells 6 quarters
on him again. THen his top hired man
quits and then another. So basically if
you cant beat them then join them, he
sells.
Conclusion NO one was given a chance at
all just woke up and sold it.
Land is gone for 10 years or more till
this Ponzy scheme is done.

[SASKFARMER3]

Oh yea hobby the 37 quarter guy didnt own
all 37 some of his renters also bailed.

[hobbyfrmr]

Ok, the tennant farmer was on vacation and his
landlords sold their land while he was away.
Correct? He then had to decide whether to sell, or
downsize and farm what he owned. Now the
tennant farmer can do custom work for
Broadacre, or be their farm manager. Wiin win
tennant farmer makes money on land sale and
gets a salary for doing what he knows best!

[SASKFARMER3]

You just hit the nail on the head.
SERF, The tenant farmer now works for
Investors.
Hm did your relatives not come from a
country that had this oh lets say 100
years or so ago.
So you are happy when were all working
for these so called corporations.
Thats the point in all this.
The guy took his cash and is gone. Broad
acre is the dummy corp that is farming
for the investors.
Cant you connect the dots.

[hobbyfrmr]

I have connected the dots. The dot thats missing is you and the neighbors not buying that land, and hiring the guy to work for you. Ultimately, he made lemonade, got the results he wanted from Broadacre and not you/neighbors. If this does not fit your farm company's management style, then it does not matter. At this time, it matters for Broadacre.

[dave4441]

Funny how it takes 18 posts to get to reality. The guy is probaly happier then heck. Sold out at great prices and gets to farm on someone else's risk platform. Good for him.

[hobbyfrmr]

Dave4441,

When dealing with farmers, there is always the story behind the story. Ask the questions, get the answers.

[SASKFARMER3]

Yea hobby your correct to bad you didn't get the
story. The guy never gave any one a chance at all
we would have taken three to five.

[hobbyfrmr]

Another option this farmer has, is to take his money and relocate to a different part of province. If he spends right, he can outright own more land and farm the new location. That would irk some local neighbors who wanted to farm/buy/rent the sellers land but did not speak up,or pay up. I do not agree with the pattern, but I have not done anything about it.

[SASKFARMER3]

Oh yea he isn't working for them either. He kept
his side rental deals.