Input Capital-Armegedon??

[oldjim]

It sounds to me like this company is along the lines of the urban equivalent “Payday Loans”.

I would guess the end game is ownership of farmland?

The RM map here showed a couple sections in Input Capital's name for a while, now that land is in Monette's name.

[blackpowder]

Obviously a racket.
May I ask, who is Monette??

[bucket]

100000 acre farm based near swift current.

[blackpowder]

Wonder where the buck stops in this scheme.
Interesting all the schemes to acquire land out there.
Eventually any land not owned by Hutts will someday be owned by Chinese or someone like it.
Oh well.

[farmaholic]

Thursday March 15th...page 13.

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[bobofthenorth]

You'll want to stay tuned to this one. Read that article very carefully and read between the lines. Its not over until the judge says its over.

[iceman]

Thursday March 15th...page 13.

If not subscribed check out the digital edition.

Not seeing anything.
Another clue please

Iceman Out

[farmaholic]

Sorry Icy....I forgot to say it was in the Western Producer. My bad.

[mcfarms]

He is screwed.

[iceman]

He is screwed.

Sounds like he has been for awhile.

[mcfarms]

Copy that.

[tmyrfield]

Owing $3.3m interest on a $8m dollar debt started in 2014 tells you all you need to know about input capitals business plan. The balame is not all input captial though. Sounds like the operation was so severely stressed with slow grain shipment that they had no choice, and once you start pretty tough to walk back. The interest rates must be horrendous on missed payments. Even worse than scotiabanks %18 with cps...lol.