Advanced Nutrients is begging for money

willytoetoe

New Member
This letter was sent from Big Mike to hydro stores AN does business with. He is now sole owner of the company, can't get a loan, and now wants hydro stores to loan him money with a ridiculous rate of return for the loan that he can never guarantee against bankruptcy, if that were to happen. I've never seen anything like this before and it's pathetic as hell for him to go this direction. Check it out...

Hey there, it's Big Mike-

I have something that I want to speak with you about personally... maybe you and I should hop on the phone about this.

It's something I'm only offering to a select group of storeowners right now.

It's an opportunity for you to make a huge impact on the future of the hydroponic growing industry.

And it's going to allow you to pull in extra money each month without having to work for it.

Let me explain...

You may have heard that I recently bought out my business partners of 14 years-Rob and Gino-and am now the sole owner of Advanced Nutrients.

You may have also heard that we're scaling down and optimizing our current product line so we can best satisfy the needs of the grower.

In fact, soon all of our products will be divided into three separate brands-all under the Advanced Nutrients umbrella.

  1. Bud Factory[SUP]™[/SUP] - the world's most affordable hydroponic line.
  2. Advanced Nutrients[SUP]®[/SUP] - our ultra-premium brand, which includes pH Perfect[SUP]®[/SUP], Big Bud, Bud Candy, and Voodoo Juice.
  3. BioOrganic Buds[SUP]™[/SUP] - our line of 100% organic nutrients.
Dividing our product into these three brands is going to make things much easier for storeowners and growers alike.

But that's not all we're doing...
Advanced Nutrients has some super-cool new products we can't wait to bring to the market.

In fact, right at this very moment, there are cutting-edge developments being made that are going to rock the hydroponics world forever.

This is stuff NO ONE saw coming-including myself-and it's literally going to blow your mind.

I can't wait to tell you all about it.

But first here's the challenge...
We may not be able to introduce some of these nutrients to market nearly as soon as we'd like unless we can get help from the very community we serve.

You see, there's so much research and development that goes into every scientific breakthrough we make and every single product we come out with...

And to develop all these new products and continue Advanced Nutrients' quest to help growers enjoy the absolute biggest harvests of the sweetest, tastiest, stickiest buds possible, it costs money... A LOT of it.

We actually spend between $3.1–$5.3 million each year on researching and developing new products.
In fact, since being founded we've spent a whopping $25.7 million just on R & D.

We're constantly pushing the envelope and finding new ways to grow bigger and better buds. And I think you'll agree that NO ONE is driving the science of hydroponic growing forward faster than Advanced Nutrients.

And because of all this science that we put into our nutrients, we're growing... FAST.

In fact, thanks to awesome growers and amazing storeowners like you, we've had an average annual growth rate of 43.56% for the last 5 years in a row!
We're now in 75 countries and continue to grow at a record pace.

However, growth requires money, and to take hydroponic growing to the next level, and to introduce some of the new products we want to, we simply need more funds.

Right now a lot of our resources are tied up in the buyout, in keeping up with our rapid expansion-especially in Europe-and in meeting the current needs and demands of the community.

So here's what I'm doing...

As a community we've always done things a bit differently. And this is no exception...

Advanced Nutrients is now offering "The Hydroponic Version of Crowdfunding"
And we're actually going to pay you a 10% annual interest rate, with interest payments made to you monthly.

But I didn't want to make this available to a bunch of strangers I don't have relationships with.

That's why I'm only going to people like you.

This is the first time we've allowed ANYONE to invest in Advanced Nutrients.
To date, we've done everything on our own-putting massive portions of the proceeds we make from each sale back into the research and development of new products, as well as into the growth of the company and causes we support.

Why don't we just go down to the bank and take out a loan?

Well, there are two reasons for this...
First, even though we're a rapidly growing $50,000,000/yr company, the unfortunate reality is that because we are in the so-called "hydroponics" business, we've had to do everything we've done without ever getting one single bank loan, ever.

You may have even noticed how it's getting tougher for anyone in our industry just to get a merchant account or even get and keep a simple business bank account these days-much less getting a loan.
Hopefully this will change someday soon, because as we all know times are changing... but for now, it is what it is.

Now, the second reason we're not going to the banks is because we believe in taking care of and working with the community we love so much.

YOU'RE the ones who've made Advanced Nutrients what it is today.

YOU'RE the ones who allow us to continually develop better nutrients, so people can grow bigger and better buds.

It's storeowners and growers like you who, by investing in our products, have allowed Advanced Nutrients to become the #1 resource of hydroponic nutrients in the world.

And for that, I have a loyalty to you and our community that I'll take with me to the grave.

And now we're offering you a completely new way to invest in us and help us grow.

It's a win/win situation: You get an awesome return on your investment paid out to you each and every month, and we get to continue raising the bar and impr


 

budman111

Well-Known Member
what?!, 75 MORE crap bottles :wall:

Big Mike says: "This is stuff NO ONE saw coming-including myself-and it's literally going to blow your mind."...:spew:
 

AimAim

Well-Known Member

We actually spend between $3.1–$5.3 million each year on researching and developing new products.


Seriously, like doing cutting edge research on fertilizer science that was pretty much figured out 75 years ago.

I call bullshit.
 

jondamon

Well-Known Member
Seriously, like doing cutting edge research on fertilizer science that was pretty much figured out 75 years ago.

I call bullshit.


Here's a thought.

Maybe Big Mike's RandD team are screwing him over. Lol.

"Oh yeah big mike, look at what we've formulated now! SUGAR!" Lol


J
 

JohnnySocko

Active Member
for whatever reason this whole thing doesn't seem real... not saying I don't believe that letter is real, just having a hard time believing a rational person would write that
 

bluerock

Active Member
The funny part is that he portrays it as an "investment". Unsecured loans are not investments. But, I have no doubt that bank financing is not available to him as they probably went way into debt to get the deal done. Ironically, they are in BC, they are shady, the Vancouver exchange would probably have no problem in issuing 10 kazillion stock shares of their company. Or they could have sold bonds. Unless their books are super cooked. (The books would have to be burned beyond recognition for the Vancouver exchange to reject them.)
 

Cobnobuler

Well-Known Member
In this economy-
His shit cost more than its worth. Doesnt matter what kind of business he's in, when your shit is overpriced people eventually sniff that out and look for alternatives.
If the letter is authentic, AN is now hurting.
 

Popcorn900

Well-Known Member
It's real funny how american shit on AN when GH shit is more expensive than AN. I think I'll stick with AN.
 

TMG Genetics

New Member
rofl, their three "brands" should be called a boat load of money, a truck load of money, amd for those of you that like to grow on the cheap, a wheelbarrow of money.
 

cultiv8

Member
Now now Big Mike...
We all know there are only two kinds of people on this forum: those who fanatically hate Big Mike, and Big Mike. Right?

There just couldn't be any other kind of person...

You know, like maybe people that don't give a rat's ass or perhaps people who use Advanced Nutrients and don't religiously seek out negative perspectives for everything AN does...

No, you're right, there couldn't be anyone like that. Impossible.
 
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