AGT Foods gets $500 K

[macdon02]

If I had to guess what's wrong, getting blasted every time cad goes up.... just a wag with no evidence to prove it

[iceman]

X2 on the box seats

2016 losses could've been a hell on a lot worse if he didn't back out of all those red lentil contracts.

But hey some taxpayers money should cover some of the losses.

Iceman Out

[parsley]

I'm no accountant, but the 9 bil sales number is not "their" product. It is farmer product that they bought for what 8 bil maybe. Cleaned it shipped it etc. So their product is really only the latter. The value add portion. To state the 9 as a sales number is completely misleading
Profit from operations is what needs to be known. Selling cleaned raw product for a big number after buying uncleaned raw product for a big number is throughput.

Misleading? Hmmm. Let's have some fun! What about this...:


Buy 80% of the lentils cheap. Contract with a few high-profile farmers 👩🏻*🌾 👨*🌾 who can make things happen. A few farmers with needy wallets 👜 can be helpful too, to do a favour or two.

Clean and Process the lentils 🌱. Make them Instant lentils, bagged, portioned, all ready to cook.

Designate them charity packages. 🏆 Claim as a charitable expense in Canada. Ha.

Look for a huge-numbers buyer, 👨🏾*⚖️ (like, big...big enough to feed an army), who supplies, worldwide, instant portions to cook daily, easy to spice up. Ship them in ocean containers 🚢 to unload in transports.🚚 This is fun.

Dicker in cash 💰 so the value added product wouldn't reveal the payment is made overseas. Ask a friend 🤵🏻how to establish a trust foundation. Plunk the cash💰 into the trust fund. 😎 No one can access it. Heh. 🤑

Of course, it's risky 😲, but bothersome cash disappears in front of your eyes. 😈

This scenario is a figment of my imagination. 😳 A fun scenario, though, don't you think? IS so.

Quadtrack, moral of the story....there is always a way.......

Pars 😇

[dave4441]

You know the program Growing Forward 2 that paid for new fuel tanks and marketing plans for farmers? This is funded with 60% fed dollars from that same fuel tank and fert bin program.

[parsley]

Farmers worry about 500K grant?

Really? I mean really?

Now, sit back. Take a deep breath.

And really look at the numbers.

There should not be be one single corporate grain company, that isnt asking, "What the f*ck?".

Or farmer.

Pars

[parsley]

You can’t be buisiness of the year if in 10 years you only make 4 million profit on a 9 billion sales of product. Something is wrong.

New math again

"wrong"

Oh.ya.

Pars

[parsley]

It appears farmers do not want to follow up on financial hokeydoctory ...
pars

[farming101]

Are you sure you know which way the truck will turn when it leaves the farm gate?

[the big wheel]

So it's not ok for
Bombardier to get money but it
Is for agt?

[parsley]

You can’t be buisiness of the year if in 10 years you only make 4 million profit on a 9 billion sales of product. Something is wrong.

New math again

An important observation.