A former president of Energae LP of Clear Lake, Iowa, confirms to Agweek that the Internal Revenue Service had subpoenaed him to testify to a grand jury on Oct. 23 in federal court in Cedar Rapids, Iowa.
FARGO, N.D. — A man promoting investments in a sugar beet-to-ethanol project at Grafton, N.D., has resigned as a securities broker with Multi-Financial Securities Corp., after an investor-client complaint. Darrell Duane Smith on March 23 was the main presenter for Energae LP Holdings at a meeting in Grafton, N.D.
FARGO, N.D — With planting less than a month away, a company hoping to contract with farmers in 2012 to convert sugar beets into ethanol at a defunct corn-based ethanol plant in Grafton, N.D., has only about 400 acres of its 12,000-acre goal, officials say.
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