Are the Fall of Super duper Operations hurting the average Joe!

[dave4441]

Those kind of losses, from a guy that sold himself as someone who could mitigate both production and marketing losses. Apparently that wasn't the case. Or he didn't practice what he preached. Something is up on this one.

[blackpowder]

BTW, what was his lackey selling at the PMG booth at Agritrade?

[furrowtickler]

Any of these fast talking wizards who proclaim to have answers that have never farmed through 6 years of mud or 4 years of drought - and made it with zero outside 'investors' will never have a clue how to make it farming long term .
It was fukin laughable to watch when Pike started this ponzi scheme and how people fell for it .
Same as Sprott - too many fingers in the pie.
Impossible to work with production and quality fluctuations that are uncontrollable - Mother Nature, to make paper numbers work in real life.

[SASKFARMER3]

What a great read the notice to creditors.
Wow 20% loans, really at that rate it's a sign your toast.

[farmaholic]

Is the over $475,000.00s owing to Agristability and "overpayment" from Agristability?

[bgmb]

Yes it said it was an overpayment to wigmore from 05/06.

[bucket]

Pike will give speeches and people will applaud when he is done. He won't lose an ounce of sleep over this.

Sadly the same can be said for conservative MPs who watched last year's railway and graincos cluster**** and millions stolen.

Wasn't there quotes about how the graincos were to be booked solid from that massive crop last year and yet stats show saskatchewan has 55 percent space in the system.

[sumdumguy]

Agri Stability, nine years later. Isn't there a statute of limitations? Good grief! Hope they don't send bills to estates.

That's what happens when you apply every year and you show more starting inventory in year 2 than you showed as ending in the year you were paid. Must have had a genius accountant, who underestimated his ending inventory in 2005, just to trigger a payment. Like I said, do your own AgriStability.

[wmoebis]

Why is Wigmore's Agri over pay't included. Isn't this their bill?

[ajl]

How is it possible that an agristability over payment has not been collected on 9 yrs later?