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Purely Canada Foods Corp

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  • sumdumguy
    Senior Member
    • Mar 2007
    • 12020

    #11
    Will the Grain Commission cover farmers with claims?

    Comment

    • blackpowder
      Senior Member
      • Feb 2010
      • 9354

      #12
      Only up to the size of the bond.
      When WA went, I got half.
      A little outdated given today's numbers.

      Comment

      • TraderJoe
        Senior Member
        • Feb 2014
        • 111

        #13
        yes, this is the company that tried to invoke "Force Majeure" on the Gluten Free oat contracts 2 years ago. They are a subsidiary of Above Foods, owned by the Kambeitz group .... there has been more than a few stories of bad dealings with that bunch, but this one is in the tens of millions owed to the oat growers... heard through the RUMOUR mill that they bounced employee paychecks last week and that they had offered the Gluten Free guys shares in the company to drop the lawsuit! LOL looks like that would have been a bad deal to take...

        Comment

        • biglentil
          Senior Member
          • Jun 2015
          • 3293

          #14
          When Ilta went under from what I understand the lentil deliveries got reimbursed in full, canary growers got a goose egg.

          Comment

          • iceman
            Senior Member
            • Dec 2014
            • 751

            #15
            Originally posted by jdg364 View Post
            I believe kambeitz farms near Regina is/was apart of this group?
            So does this make 3 or 4 publicly traded companies Lionel has brought to the market and blown them up?

            Another smoke and mirrors job

            Iceman Out

            Comment

            • shtferbrains
              Senior Member
              • Jun 2017
              • 5283

              #16
              Someone opened an account on twitter about the time this went bad and started posting this msg;

              @LamaElly28641 ([url]https://x.com/LamaElly28641)​[/url]

              Above food owns Purely Canada Foods. Bite Acquisition Corp owns Above. Smart Dine LLC owns Bite, black rock owns 56% of Smart Dine. Blackrock owns over 300k acres on the Regina Plains alone. Right under your noses

              Comment

              • furrowtickler
                Senior Member
                • Dec 2004
                • 22113

                #17
                Yup , connect the dots .
                There should be a full investigation on what’s going on

                Comment

                • SASKFARMER
                  Senior Member
                  • Dec 2005
                  • 7051

                  #18
                  The pages of company bankruptcy is a mile long.

                  Comment

                  • iceman
                    Senior Member
                    • Dec 2014
                    • 751

                    #19
                    The tell will be the grain commissions producer list.

                    or who isn’t on the list I should say.

                    Family and friends never make that list.

                    Iceman

                    Comment

                    • consuelo
                      Junior Member
                      • Mar 2018
                      • 19

                      #20
                      canada's reputation a being a reliable and trustworthy trading partner around the world has already been severely tarnished before this news. now add this to the pile and we got alot of work to do to get back our reputation.

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