Newco and CGC Claims forms

[grassfarmer]

I've heard of that guy ASRG. Makes sense - that's just
the way we rear bulls too. Too many fat slob bulls
around that can't move and spend their days fighting
and sitting in the shade instead of breeding cows.
Maybe waiting for the owner to bring their lunch pail
for them as that's how they were raised. A bull with
30 cows or heifers to breed only has to average 1.5 a
day if they are all cycling in the first 21 days. A bull
that can't manage more than that is a bull in name
only in my opinion.

[kato]

Bulls can get hurt though, no matter how they were raised. We've got one right now that's done something major to his shoulder. However, we never overload our bulls, so there's lots of bull power left to get the job done.

Over the years we've also had a bull hit by lightning, we've had one go visit the neighbours, and we've had one get tangled in some wire in a rented pasture. There's more involved to getting the cows bred than just having a fertile bull. He needs to be healthy and sound too.

It's nice to have a cushion in case something goes wrong out there.

[per]

Usually when our bulls get hurt it is because there were multiple bulls scrapping. It is not always practical but my heifer breeding happens near to home so I can run 1 bull in up to 50 plus girls. Keep an eye on proceedings and change out as necessary. We keep 25-1 bulls around but seldom have that ratio in the field. The extra bulls get swapped out for the second cycle or in case of injury. It's not like the bulls cooperate and communicate which cows that they breed. Usually the poor girl gets multiple partners.

[grassfarmer]

I think a lot of producers waste a lot of money on
bulls. I pastured 70 cows the first summer I was here
for a rancher that buys some of the top show ring
Charolais bulls every year. He turned out 3 bulls with
the 70 head and all 3 had to be replaced during the
season, in fact one of the replacement 3 had to be
replaced by one of the originals who had recovered
by that time. One of the original 3 bulls was shipped
due to a foot injury, a yearling bull died eventually
and I don't know what happened to the 3
replacements. I felt sorry for the guy and said he was
having a run of bad luck - he didn't think so - this
was about average performance over the years.
Anyone care to count the cost of this type of
scenario? That type of Charolais bull is not cheap to
buy - probably 2.5 times the price I sell bulls for, he
needs twice as many bulls and the cull rate is at least
twice what mine is. Can sure burn through a lot of
money every year doing this kind of thing.

[gcreekrch]

On our range conditions we use a ratio of 1-17. Lots of years we don't see our cattle enough to solve problems as they arise. It is safer to turn out extra at the start and let Mother Nature look after any possible wrecks. This spring we were 80 calved in the first cycle.
Heifers are bred in a pasture at 1-30 ratio. I like having an odd number of bulls in a pasture situation as it seems 2 are usually having an argument and the third is doing the breeding.

Dad used to say that in a pasture situation on the prairies back in the 60's that a bull who couldn't look after 70 cows was not considered a good breeder. Not sure what the calving period length was though.

[oneoff]

One hundred and twenty plus farmers owed multiple times $10,000 each and no one apparently has anything to say.
Oh well; the less that look after their business; the easier it will be for the rest to get their 100% back.


Thanks .

[sumdumguy]

Who are the owners of Newco? How many
companies in the past? What new company have
they spun off? Thats important for us to know.

Oneoff, have you found out?

[oneoff]

Been too busy with other things to investigate. Hopefully the CGC bond will cover the 120 farmers that got ripped off; and then we will all be more diligent in dealing with anyone who has zero down payment.

And just why shouldn't everyone insist on a 50% cheque at time of loading the farmer's grain. If the broker or buyer can't come up with payment; then its a pretty good indication that they don't have ready cash; and that there's a good chance you are dealing with someone in the shape of a Newco.

I will later be going after Newco for NSF fees they have cost a person; and payment for hiring someone to witness the CGC claims form. Who has some further legetimate costs that should be claimed for this disaster?.

Newco will be registered with the Corporations Branch in Alberta (no doubt); but I think the same information could be gotten from The Compliance Officers of the CGC.

First lets get the big money back.

[oneoff]

I have been told that the CGC does not pursue the fraud aspects of such a case.

Individuals apparently are free to pursue those allegations and complaints as a seperate line against Newco. My guess is that involves lawyers; especially if multiple persons are involved. Apparently the law requires a lawyer to represent a group; and it can not be done by a lay person who could only choose to defend or represent themself.

[burnt]

I've learned the hard way that the poorest place to try to save money is by cutting back the bull power. Some guy's bulls might have a magic wand instead of a penis but those bulls are pretty rare.

One extra is way cheaper than one too few.