John gormley with input capital ad on radio

[hobbyfrmr]

I have not studied the chart for some time but is looks like something just breathed new life into INP.V.
They are well covered by the farmers insurances and/or farmland. Long term they should make out like bandits.

[hobbyfrmr]

Here is a cut and paste page 5 of 15 from the INP power point presentation today. The entire presentation is on their website.
This is too ****ing surreal to be true. Its awesome, calling the farmers "bad counterparties" after taking their cash and land due to default.
I am buying more shares.

Input has just completed a transition year, in more ways than one. A year ago, we had 3 streaming contracts default, including our largest one. Our stock fell 40% overnight, and investors have sat on their hands pretty much ever since. But many good things have happened in this year, and have transitioned back into a growth story. I want to tell you about those good things.
• Regarding the defaulted contracts – in total $18.4 in capital was impacted, but not really at risk because we have security. About 65% of that capital has been recovered in the form of cash and farmland, and only $6.6 million remains to be collected. We’re making good progress on those files.
• We completely reviewed our underwriting and contracting processes and made enhancements that we believe will help ensure we do not enter into streams with bad counterparties in the future. Back testing our new process against our portfolio, the three contracts that defaulted are the ones which would not have made it through our process today

[Ache4Acres]

It's a new rough and tumble world out there that is sometimes hard to understand. It is ok for foreign owned potash mines to buy up large tracts of our land, publicly traded companies to strong arm it away or large investment funds to swallow it up.

Doesn't leave much for the little guys to try to grow.

[bucket]

Follow the money.....emslsey and hepworth walk right into wall's and Stewart office without appointments.

They will drive their mandate thru the government.


It's not hard to figure out....

[SASKFARMER3]

After witnessing how they clean up a mess and take down a farmer you get a different look at how they operate.

Uncle Guido in Chicago would be a better group to get money from and probably more healthier.

[bucket]

And done with the government permission.

Input capital. ...gars.....livestock insurance.....blah blah blah.....see who the principals are behind these things and it's not hard to see where ag is being funneled into.


Sadly the suits don't get in an equipment seat.....eventually they might have to.

[ajl]

The Mafia is sitting up and taking notes.

[bucket]

When they see boyd and friends take close to 20 million without issue....I guess they are looking to set up.

[hobbyfrmr]

When they see boyd and friends take close to 20 million without issue....I guess they are looking to set up.

They are not looking, they are doing! It is literally incredible. They use proper language, like a client (farmer) is "buying down his position" ie. signing over titles to farmland.
I think if I read right they modified/possibly ceased operations for a farmer near SF3.
I am aware these farms must be signing up with eyes wide open and hoping for the best possible outcome. It looks to me like legal loan sharking . All that I can read is that INP has themselves well covered in case the farmers' canola crops dont work out as planned .
Gormely is nothing more than a shill in all this. He gets paid to flap his lips and apparently he is good at it. I very seldom listen to Gormley, I see right through the act and Im not willing to waste my time or resources trying to participate in his gobbledygook.

[Richard5]

Found out today that for anyone that signs up for this Input Capital scheme has to show all of the funds received up front as income in the year received. Its not a qualified advance like Canola growers is and definitely not a loan. You are selling canola!

Some people may have a big tax problem

[farmaholic]

Seriously? ....Ouch!

On a Corporate level.... maybe not too bad if the "advance"(+net income for the year) isn't above the lowest income tax threshold. I wonder if some people could be offsetting previous losses.... which means they weren't doing very well to start with. To me it seems like the rope used to hang themselves was just shortened now all the "beneficiaries" need to do is wait and be patient.

On a personal level the tax liability would/could be very painful!!!

No way around it?

I never liked the concept. Why would you borrow there? I've called it credit of "last resort" before.

No wonder I'll never get REALLY ahead in life....doing this shit baffles me!!! ****ing morals!

Could someone point out one good reason over traditional borrowing as to why you would choose this type of credit.

[Oliver88]

It appears dealing with Input Capital would lead to being paid significantly less for your canola than its actual value.

Example: Input Capital pays farmer $374/tonne for canola ($8.48 per bushel)
Farmer hauls in canola at the time the value averages $10.75 per bushel.

Going by these numbers which are very realistic the farmer is paid 22% less than the actual value.
If farmer goes under Input Capital will own the farmers land.

What am I missing?