Rained so Reading further input

[bucket]

Guess I don't understand all pissing and moaning about input. If you don't like the terms then don't do business with them.
I didn't like the terms my family was laying down with the farm so I parted ways with them And did my own thing .
The fellow in question here decided to do business with them. He made his bed and now has to sleep in it. No one to blame but himself.

It's a big deal because it has connections to the sask government both NDP and saskparty...and font forget these guys had the backing of the CPPIB to ensure they made money....

[Misterjade9]

It's a big deal because it has connections to the sask government both NDP and saskparty...and font forget these guys had the backing of the CPPIB to ensure they made money....

So what, AGT has been on the teat of government and apparently he hasn't made any money. I too don't understand every one's pissing and moaning, if it doesn't directly affect you what is the problem? From what I read he signed a deal to deliver canola and never did. Where was all the pissing and moaning when Broadacress took FCC and the Scotiabank for a combined total of 22 million, now that directly affected me as both those lenders tightened up their belts.

[bucket]

So what, AGT has been on the teat of government and apparently he hasn't made any money. I too don't understand every one's pissing and moaning, if it doesn't directly affect you what is the problem? From what I read he signed a deal to deliver canola and never did. Where was all the pissing and moaning when Broadacress took FCC and the Scotiabank for a combined total of 22 million, now that directly affected me as both those lenders tightened up their belts.

This will too...This was a land play and still is....

But much like what is wrong with primary production in Saskatchewan if you can't see it with the blinders on ...it doesn't affect you....

Sort of explains why we have a chronic problem in rail transportation and lack of transparency in the grain markets...

I say we ignore issues like this and continue to the path to the lowest price and make it up on volume...sarcasm.

Because believe it or not every farmer with Input has accepted a lower price for their canola.....

[recapped]

http://investor.inputcapital.com/news-releases/122619/ http://investor.inputcapital.com/news-releases/122619/

[Misterjade9]

This will too...This was a land play and still is....

But much like what is wrong with primary production in Saskatchewan if you can't see it with the blinders on ...it doesn't affect you....

Sort of explains why we have a chronic problem in rail transportation and lack of transparency in the grain markets...

I say we ignore issues like this and continue to the path to the lowest price and make it up on volume...sarcasm.

Because believe it or not every farmer with Input has accepted a lower price for their canola.....

I am obviously dumb and need you to spell this out for me, so correct me if I am wrong, if you have a mortgage, LOC, or any sort of financing with a lending institution and you don't deliver on your end of the agreement and they exercise a judgement against your land ,your crop, or equipment, that is a land play? or is that only your opinion because it is Input Capital? I am not defending them by any means, but this guy had the ability to say no to any more money and he could have at least made an attempt to deliver some canola. I just don't see how this is a primary production problem it is just one producers problem.

[recapped]

Agreed Mrjade, this guy's intention from the getgo was to never deliver a single bushel of canola to Input.

[the big wheel]

Agreed Mrjade, this guy's intention from the getgo was to never deliver a single bushel of canola to Input.

You and misterjade sitting in the office together at input? Hahahaha

Sure sounds like it.

there is just way too much power in the hands of lenders regarding farmers. this changed in the last while here and this group knows it and is using it.

Predatory lending is when the lender is well aware that they can benefit beyond a reasonable return given a situation

The judges have ruled that input was beyond bad in their methods.

Many on here have thought for a long time this is a group of rich government connected people that know the chances of farmers paying back under whathis it 18%, 30% or 60% interest are slim at best. Meaning the goal is to ultimately take advantage that knowing the farm programs are not working, rail services, lack of own seed use, input prices, fuel prices etc etc have diminished farmers ability and control as well as other lenders limiting working with farm families that there is this idea we ll put this out there and if you grab we ll take you for a ride meaning your farm. Regardless if farmers can pay back or not the interest involved is a lotto win.

In this particular case go through the court process and as we can see not looking very favourable the practices of input so far based on what judges have ruled. Even in the reply and the appeal by input the wording you can tell it's quite a conceded bunch knowing they have buddies in our government at their backs.

And as I said who would send out kneecappers to claim equipment? That all should have been done after a judge decided things shouldn't it?

I hope someone goes back and investigates the predecessor company of when and where this group got money io buy farmland prior to everyone knowing that our government was going to open the doors to foreign ownership??
In my opinion on all of this this is a continuation of the insider play on easy money for farmland based on close ties to our political parties. Jmo!!!

[Guest]

You and misterjade sitting in the office together at input? Hahahaha

Sure sounds like it.

there is just way too much power in the hands of lenders regarding farmers. this changed in the last while here and this group knows it and is using it.

Predatory lending is when the lender is well aware that they can benefit beyond a reasonable return given a situation

The judges have ruled that input was beyond bad in their methods.

Many on here have thought for a long time this is a group of rich government connected people that know the chances of farmers paying back under whathis it 18%, 30% or 60% interest are slim at best. Meaning the goal is to ultimately take advantage that knowing the farm programs are not working, rail services, lack of own seed use, input prices, fuel prices etc etc have diminished farmers ability and control as well as other lenders limiting working with farm families that there is this idea we ll put this out there and if you grab we ll take you for a ride meaning your farm. Regardless if farmers can pay back or not the interest involved is a lotto win.

In this particular case go through the court process and as we can see not looking very favourable the practices of input so far based on what judges have ruled. Even in the reply and the appeal by input the wording you can tell it's quite a conceded bunch knowing they have buddies in our government at their backs.

And as I said who would send out kneecappers to claim equipment? That all should have been done after a judge decided things shouldn't it?

I hope someone goes back and investigates the predecessor company of when and where this group got money io buy farmland prior to everyone knowing that our government was going to open the doors to foreign ownership??
In my opinion on all of this this is a continuation of the insider play on easy money for farmland based on close ties to our political parties. Jmo!!!

Well said !!!!!!!!

[recapped]

You and misterjade sitting in the office together at input? Hahahaha

Sure sounds like it.

there is just way too much power in the hands of lenders regarding farmers. this changed in the last while here and this group knows it and is using it.

Predatory lending is when the lender is well aware that they can benefit beyond a reasonable return given a situation

The judges have ruled that input was beyond bad in their methods.

Many on here have thought for a long time this is a group of rich government connected people that know the chances of farmers paying back under whathis it 18%, 30% or 60% interest are slim at best. Meaning the goal is to ultimately take advantage that knowing the farm programs are not working, rail services, lack of own seed use, input prices, fuel prices etc etc have diminished farmers ability and control as well as other lenders limiting working with farm families that there is this idea we ll put this out there and if you grab we ll take you for a ride meaning your farm. Regardless if farmers can pay back or not the interest involved is a lotto win.

In this particular case go through the court process and as we can see not looking very favourable the practices of input so far based on what judges have ruled. Even in the reply and the appeal by input the wording you can tell it's quite a conceded bunch knowing they have buddies in our government at their backs.

And as I said who would send out kneecappers to claim equipment? That all should have been done after a judge decided things shouldn't it?

I hope someone goes back and investigates the predecessor company of when and where this group got money io buy farmland prior to everyone knowing that our government was going to open the doors to foreign ownership??
In my opinion on all of this this is a continuation of the insider play on easy money for farmland based on close ties to our political parties. Jmo!!!

I'm a distant neighbor to this guy Gustafason, have watched the goings on for quite some time. Maybe this tweet will enlighten.

https://mobile.twitter.com/SchmelingD/status/989225668608049152 https://mobile.twitter.com/SchmelingD/status/989225668608049152

[sumdumguy]

Gormley is still repeating the of how good Input is for farmers. Maybe he can start farming and use them as his creditor. It’s a sure thing - success is in the bag.

[farmaholic]

Gormley is still repeating the of how good Input is for farmers. Maybe he can start farming and use them as his creditor. It’s a sure thing - success is in the bag.

If I was paid enough to say it....so would I.

I guess I can be bought.

Lol