SF3 called it

[hobbyfrmr]

I have shares at 2.12. Im losing money!

[SASKFARMER3]

The ****ers owe me money for harvesting some of my canola by mistake!

[hobbyfrmr]

When INP came to be it sounded so absurdly stacked against the farmer. A few conversations on AV and a little legwork, I just had to buy something. Naturally I got greedy and now I got burned. Maybe I will buy more shares and average down my cost of ownership.
Why does this remind me of buying real farm items? If I spend more cash that I dont have now, I have a better chance of making profit later!
Even if I dont buy, these crooks as a company are gong to transfer hard assets (land) to themselves. Isnt that what everybody is clamouring about? Precious metals and farmland?

[furrowtickler]

S/F, just let it go and take pride in the fact you were right and you had the balls to say it. Anyone who thinks Input Capital is a good thing is as desperate as the refugees fleeing Syria and Africa - no hope left..

[Oliver88]

Great question Hobby farmer, it doesn't sound like Input Capital can lose $, it will just take resources to hire bounty hunters/lawyers, etc.

Maybe SF3 should just predict what will happen in a few months since he seems to be good with predictions?
SF3 should we buy shares at this price?

[furrowtickler]

Well he is not real great at predictions - the great drought of 2015.. he was only half right , like most of us. But 50% odds at Vegas is pretty good lol

[LEP]

Ok. I think I am missing something here. A guy can't get financing through conventional sources yet has clear land available to stream canola?

I am guessing there are secured by second mortgages that use inflated land prices to show equity.

Uhm this is the beginning of the end. That $25m of security could easily be 20 or 25 percent less in a pressured sale.

[bgmb]

Anyone who signs up on a deal like this is either incredibly dumb or desperate. They likely were on track to lose the farm either way.

[sumdumguy]

If they are taking second mortgages, they aren't too bright. Think there would be anything left for them (fire sale prices), especially after lawyers are done picking the bones.

[iceman]

It should be come obvious this winter because these have to be BTOs with the dollar value involved.

I'm sure Douglas is having a bad weekend with his 17% of the float or 10 million shares in the company.

Iceman out