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Anyone listed in Stamp Farms Bankruptcy
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JWM_Farms
Posted 12/4/2012 23:22 (#2733496 - in reply to #2733479)
Subject: RE: Anyone listed in Stamp Farms Bankruptcy


Grinnell, Iowa
I don't know what they thought, looks to me like they just flat out failed to think, both Stamp and his lenders. If swing for the fences was their plan then they needed a hall of fame line up to have even a remote prayer. It really didn't take em that long to rack up that kind of debt, Articles of Organization filed March 28, 2007. I just can't fathom incurring that kind of debt that quickly with a basically non existent net worth or asset base to back it up, and I really can't believe any lending institution allowed it go that far thats just insane.

Edited by JWM_Farms 12/4/2012 23:31
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