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
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
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