NAFA Bankrupt?
#6595290
08/15/19 01:17 PM
08/15/19 01:17 PM
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Joined: Jul 2016
Posts: 405 Michigan
BullOx
OP
trapper
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OP
trapper
Joined: Jul 2016
Posts: 405
Michigan
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Just heard NAFA is going bankrupt, anyone have details?
Trapping is easy you say? You try getting your target animal to step in a 3 inch area of its whole territory.
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Re: NAFA Bankrupt?
[Re: BullOx]
#6595313
08/15/19 02:20 PM
08/15/19 02:20 PM
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Joined: Dec 2006
Posts: 17,548 Rodney,Ohio
SNIPERBBB
trapper
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trapper
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
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I think this started on the stateupnorth outdoors forum.
Last edited by SNIPERBBB; 08/15/19 02:21 PM.
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Re: NAFA Bankrupt?
[Re: MB Coonguy]
#6595315
08/15/19 02:33 PM
08/15/19 02:33 PM
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Joined: Jul 2016
Posts: 405 Michigan
BullOx
OP
trapper
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OP
trapper
Joined: Jul 2016
Posts: 405
Michigan
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Just heard NAFA is going bankrupt, anyone have details? From who did you hear? Some guys were talking about it at the Michigan convention I heard
Trapping is easy you say? You try getting your target animal to step in a 3 inch area of its whole territory.
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Re: NAFA Bankrupt?
[Re: BullOx]
#6595321
08/15/19 02:43 PM
08/15/19 02:43 PM
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Joined: Aug 2011
Posts: 45,264 james bay frontierOnt.
Boco
trapper
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trapper
Joined: Aug 2011
Posts: 45,264
james bay frontierOnt.
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Likely just rumours or wishful thinking from the competition.
Forget that fear of gravity-get a little savagery in your life.
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Re: NAFA Bankrupt?
[Re: BullOx]
#6595367
08/15/19 04:33 PM
08/15/19 04:33 PM
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Joined: Mar 2008
Posts: 5,947 n.e, iowa
coonman220
trapper
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trapper
Joined: Mar 2008
Posts: 5,947
n.e, iowa
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I don't believe it. There sale is in 8 days, what are consinged goods? Fewer cash advances on them? I am thinking unless prices change lot that coon advances for around this area as well everthing else well be same, my advances are long pay for, I don't have that much left, rats didn't sell well in June, coon did, lot mink left, except larger no. 1s are sold, select an no. 1 female are left as well lower grades. Unprime mink, last season for xxl coon an up, $5-$6 advance, beaver an mink$5, male an female both on mink, rats were $1.50 advance, I don't think they go bankrupt, hardly noone would ship to them again if lost all fur money on goods there in bankruptcy, I know that I wouldn't
Last edited by coonman220; 08/15/19 04:36 PM.
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Re: NAFA Bankrupt?
[Re: coonman220]
#6595414
08/15/19 06:06 PM
08/15/19 06:06 PM
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Joined: Dec 2006
Posts: 1,930 iowa
bankrunner
trapper
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trapper
Joined: Dec 2006
Posts: 1,930
iowa
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I don't believe it. There sale is in 8 days, what are consinged goods? Fewer cash advances on them? I am thinking unless prices change lot that coon advances for around this area as well everthing else well be same, my advances are long pay for, I don't have that much left, rats didn't sell well in June, coon did, lot mink left, except larger no. 1s are sold, select an no. 1 female are left as well lower grades. Unprime mink, last season for xxl coon an up, $5-$6 advance, beaver an mink$5, male an female both on mink, rats were $1.50 advance, I don't think they go bankrupt, hardly noone would ship to them again if lost all fur money on goods there in bankruptcy, I know that I wouldn't I don't believe it. There sale is in 8 days, what are consinged goods? Fewer cash advances on them? I am thinking unless prices change lot that coon advances for around this area as well everthing else well be same, my advances are long pay for, I don't have that much left, rats didn't sell well in June, coon did, lot mink left, except larger no. 1s are sold, select an no. 1 female are left as well lower grades. Unprime mink, last season for xxl coon an up, $5-$6 advance, beaver an mink$5, male an female both on mink, rats were $1.50 advance, I don't think they go bankrupt, hardly noone would ship to them again if lost all fur money on goods there in bankruptcy, I know that I wouldn't Anymore, there are better outlets in the country for good finished coon than waiting 2-3 years at NAFA to sell with no commission charged . Different story on a hot market.
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Re: NAFA Bankrupt?
[Re: BullOx]
#6595432
08/15/19 06:53 PM
08/15/19 06:53 PM
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Joined: Jun 2008
Posts: 2,121 sseMinnesota
blackhammer
trapper
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trapper
Joined: Jun 2008
Posts: 2,121
sseMinnesota
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Internet rumors of a business going bankrupt are irresponsible. I think it has no place on a public forum
Ah,for the life of a millionaire,say some,but just let me stay a trapper. Bill Nelson
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Re: NAFA Bankrupt?
[Re: BullOx]
#6595450
08/15/19 07:20 PM
08/15/19 07:20 PM
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Joined: Sep 2008
Posts: 6,683 Newark, Ohio 83 years
Actor
trapper
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trapper
Joined: Sep 2008
Posts: 6,683
Newark, Ohio 83 years
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If they have the Equivalent to a Chapter 11 in Canada then they could be doing it … which means they will be able to get out from under some debt or pay pennies on the dollar. They would be forced to reorganize with the possibility of a court appointed administrator. Happens every day and that is how some of these big corps. keep coming back and getting bigger and richer.
Garry-
“Don't pick a fight with an old man. If he is too old to fight, he'll just kill you.”
Have been trapping 77 years…
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Re: NAFA Bankrupt?
[Re: BullOx]
#6595476
08/15/19 07:57 PM
08/15/19 07:57 PM
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Joined: Mar 2008
Posts: 5,947 n.e, iowa
coonman220
trapper
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trapper
Joined: Mar 2008
Posts: 5,947
n.e, iowa
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What would that mean to wild fur shippers that have goods there now? Where I worked for years. The corporation went bankrupt. An was told for months that would reopen an be back, it closed forever an never be again, our plant was most profitable of them, out 15 plus plants, I have no idea what happen an talk some other employees that know nothing more than I do except rumors, we were layoff with not have to make work search contacts an told they were going bankrupt on phone, I heard the bankruptcy was a corporate thing an that all I know it
Last edited by coonman220; 08/15/19 07:58 PM.
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Re: NAFA Bankrupt?
[Re: ~ADC~]
#6595479
08/15/19 08:01 PM
08/15/19 08:01 PM
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Joined: Oct 2013
Posts: 11,269 Indiana
brianmall
trapper
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trapper
Joined: Oct 2013
Posts: 11,269
Indiana
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You're not the only one to hear it Bullox. Time will tell.
Anyone know how bankruptcy works in Canada? Tell them toget chase credit cards to pay off their debt. I heard the other day chase is forgiving all credit card debt in Canada.
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