Stock markets

[Tucker]

Oliver88. Why would anybody use a loan shark if they didn't have to? These guys are worse than payday loan places preying on the vulnerable and gullible.

With that said, I owned a whole bunch of their stock from below $2 to well over $3. If they are raking in cash I may as well jump on too. I didn't like the lack of fluidity in their stock. It took 4 trades to divest myself when I finally cashed out.

[iceman]

With Tucker boy on this one.

Agday loan scheme but I have no problem in owning the stock and making money from some BTOs.

[Oliver88]

http://www.bnn.ca/Stock.aspx?pi_symbol=INP.V

Interesting:

The Company also has the right to purchase Bonus Tons from these farmers.


COMPANY INFO
Input Capital Corp. (Input Capital) is an agricultural commodity streaming company. The Company’s primary focus is on serving the domestic market for canola production. It has entered into canola streaming contracts with producers across Alberta, Saskatchewan and Manitoba. The Company has 10 canola streams with farmers in the province of Saskatchewan. The Company also has the right to purchase Bonus Tons from these farmers. The Company makes upfront payments to farmers who need capital. In return, Input Capital receives the right to purchase a specified share of the farmer's canola.

[iceman]

From the latest MB&A
Subsequent Events
Subsequent to its fiscal fourth quarter, Input announced that as a result of poor canola crops in 2014 from three of its farm partners in eastern Saskatchewan, approximately 9,400 tonnes that had been scheduled for delivery from the 2014 crop were to be rescheduled into future crop years. Of the 9,400 tonnes, 7,400 tonnes are due from a farmer where management has taken steps to enforce the Company’s security. Along with the remaining 2,000 tonnes, management is confident that the rescheduled tonnes will be collected and anticipated returns will be maintained. The Company announced on May 4, 2015 that it had successfully established new delivery schedules for the delayed deliveries. Approximately 50% of the affected tonnes are now scheduled for delivery from the 2015 harvest, with the remaining tonnes to be delivered from the 2016 harvest. Appropriate adjustments have been made to total tonnage such that Input's returns on these contracts will not be materially affected

[malleefarmer]

hmmm hes vanished

[iceman]

From the latest MB&A
Subsequent Events
Subsequent to its fiscal fourth quarter, Input announced that as a result of poor canola crops in 2014 from three of its farm partners in eastern Saskatchewan, approximately 9,400 tonnes that had been scheduled for delivery from the 2014 crop were to be rescheduled into future crop years. Of the 9,400 tonnes, 7,400 tonnes are due from a farmer where management has taken steps to enforce the Company’s security. Along with the remaining 2,000 tonnes, management is confident that the rescheduled tonnes will be collected and anticipated returns will be maintained. The Company announced on May 4, 2015 that it had successfully established new delivery schedules for the delayed deliveries. Approximately 50% of the affected tonnes are now scheduled for delivery from the 2015 harvest, with the remaining tonnes to be delivered from the 2016 harvest. Appropriate adjustments have been made to total tonnage such that Input's returns on these contracts will not be materially affected

[cottonpicken]

Somebody tell me Bill wasn't involved.

I'd advise shares in Raytheon if you boys are that type. Make a lot of money. Meet your maker and get sent south.

[Ache4Acres]

Hmmm...the stuff you learn on here!

[Klause]

How can one guy be short 7400 tonnes? That's insane... that's 326,000 bushels... so if they take 10 an acre that's off of 32,000 acres!

[iceman]

Probably closer to 15 bus or 21700 acres. They also do "canola trading" which is solely on physical. Book tons than let "partners" delivery against it at a lester amount than pocket the difference

Go listen to the latest conference call. It unbelievable how dumb some farmers are


Over & Out