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    #49
    Originally posted by bgmb View Post
    I will give some free advice. Anyone who is thinking they need input capital should go see a professional 3rd party to help them with financing and debt structuring. If that doesn't work try another professional and if that doesn't work maybe try another career
    Well put. 👍🏻

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      #50
      Originally posted by farmaholic View Post
      Effective June 28, a grain dealer licence has been issued to Input Capital Corp.

      That tidbit is off the CGC website.

      Now a "buyer" of grain as well?
      Rumor is they are slow paying on the grain buying end of things heard of a guy that couldn't get paid.

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        #51
        Within the last month?

        Unless they didn't have or don't need a licence to buy prior to the licence being issued.

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          #52
          Originally posted by farmaholic View Post
          Within the last month?

          Unless they didn't have or don't need a licence to buy prior to the licence being issued.
          I'm not exactly thrilled with this whole middleman canola sales scheme they are trying to run now. Maybe it's just some type of poor farmer payloan thing. Not sure why they would be late paying thought. The balance sheet is pretty much bulletproof with zero debt. Either way they need to shitt or get off the pot here. Iceman is losing patience and has gone from google searching Lear jets to looking at drones on amazon

          Iceman show me the money out

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            #53
            Originally posted by iceman View Post
            I'm not exactly thrilled with this whole middleman canola sales scheme they are trying to run now. Maybe it's just some type of poor farmer payloan thing. Not sure why they would be late paying thought. The balance sheet is pretty much bulletproof with zero debt. Either way they need to shitt or get off the pot here. Iceman is losing patience and has gone from google searching Lear jets to looking at drones on amazon

            Iceman show me the money out
            Why would anyone need to sell canola through these guys? Tonnes of options out there. "Cream Skimmers", margin traders, middlemen. Unless they are selling to end-use customers, they're just cutting you out of some value.

            Once again....I wonder how many five year contracts they signed with the forty tonne, eleven dollar per bushel, fall of 2017 carrot they dangled at Farm Progress Show....then the remaing four years of commitment unpriced?????? Any comments...anyone sign?

            Comment


              #54
              Originally posted by farmaholic View Post
              Why would anyone need to sell canola through these guys? Tonnes of options out there. "Cream Skimmers", margin traders, middlemen. Unless they are selling to end-use customers, they're just cutting you out of some value.

              Once again....I wonder how many five year contracts they signed with the forty tonne, eleven dollar per bushel, fall of 2017 carrot they dangled at Farm Progress Show....then the remaing four years of commitment unpriced?????? Any comments...anyone sign?
              They seem to tell investors one thing and farmers another. Like says everything is fine on the conference call. Oh we have some outstanding deliverys but we are working through it. Two weeks later a presser that states they are in the process of repossessing land. It really pisses me off

              Iceman Out

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