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POET Biorefining - Glenville


Trading Status: Active
Web Site: www.POET.com
SEC Filing(s): No
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POET Biorefining - Glenville Logo
Current Postings for PB-Glen (Class A)
Match History for PB-Glen (Class A)

POET Biorefining - Glenville, located in Albert Lea, MN (near Glenville, MN) produces 44 million gallons of ethanol annually. POET Biorefining - Glenville is the 8th ethanol plant built by POET Design & Construction and the 4th plant to be managed by POET. 

With cooperation of the many local leaders and in partnership with members of the agricultural community and the state political leadership, POET Biorefining - Glenville is excited to bring a new kind of value-added agriculture to the state of Minnesota.

Ethanol production by POET Biorefining - Glenville consumes approximately 15 million bushels of corn from the region and provides not only an environmentally friendly fuel, but also a valuable high quality livestock feed for local, regional and national markets.
Private Transfer Form
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Matching Occurs Daily @ 5:00:00 PM Central Time
PB-Glen (Class A)
Share Type: Shares View Sample Buyer's Contract
Share Class: Class A View Sample Seller's Contract
View Match History

  • Minimum Ownership: 1 Unit (5,000 Shares)
  • Minimum Sale or Purchase: 1,000 Shares
  • Incremental Sale or Purchase: 1,000 Shares
  • The Seller will be required to pay Variable Investment Advisors, Inc. a fee of two percent (2%) of the gross sales price or a minimum of fee per transaction being one hundred seventy-five ($175.00) dollars to be paid out of the Sellers proceeds at the time of closing.
  • The Buyer will be required to pay the POET plant a $200.00 transfer processing fee per transfer. For example, if a Buyer offers to buy 10 units and his offer is matched with 2 offers to sell 5 units each, then the Buyer would be required to pay 2 transfer processing fees of $200.00 (i.e. $400.00 in total).

  • Match Effective Dates - Subject to the Company's Capital Units Transfer System, including all restrictions and conditions on transfer, matches will become effective:

  • January, February and March Matches effective no sooner than April 1st

  • April, May and June Matches effective no sooner than July 1st
  • July, August and September Matches effective no sooner than October 1st
  • October, November and December Matches effective no sooner than January 1st
  • Matches cannot result in a transfer to new owner prior to 45 days after the offer to sale has been posted. Offers to sell posted during the last 45 days of any quarter which are matched during that same quarter are not effective until the first day of the quarter following the next quarter.
  • Before a match becomes effective, the Seller must qualify for an exemption from registration under federal securities laws and the securities law of the state in which the Seller resides. Please consult your advisor or attorney. 
  • All trades are subject to the terms and conditions of the Operating Agreement and the Capital Units Transfer System of POET Biorefining – Glenville (the “Company”), including the option to buy and option to redeem as more fully described below. As a result, there is no assurance that a fully executed sale will be made between a buyer and seller.

    ** Matching to began July 1st 2015**


Offers to Buy Class A

Currently no Offers to Buy
Offers to Sell Class A

Currently no Offers to Sell
 
 
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