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Buy or Sell Stock AgStockTrade.com Related Party Transfers Share Trading History

 

agstocktrade.com

Glacial Lakes Corn Processors has contracted a third party agent to manage our stock sales called Variable Investments based out of Sioux Falls, SD.

If you are interested in either buying or selling stock you will need to register with them in one of the following ways:
Phone: 1-800-859-3018 or 605-361-8230 / Website: www.AgStockTrade.com

IMPORTANT NOTICES TO INVESTORS:

  • Dividends will be paid to the share holder of record the date the dividend is declared. The amount and date of distribution are determined by the GLCP Board. For history details, please visit the GLE Web site.

  • Non-Members will be required to pay a one-time non refundable Membership Fee to become a member of GLCP. Membership cost is $250.00 per membership.

  • Each GLCP Member is required to sign a Uniform Marketing & Delivery Agreement (UMDA) upon subscription for Common Stock. The UMDA is intended to protect GLCP interests by insuring an adequate supply of corn for the plant. Members will be required to deliver one or more bushels of corn each year for each share of common stock held by the member. Currently the corn commitment is 0.2 bushel of corn equals one share. The GLCP Board will establish the corn call of share bushels annually.

  • GLCP has an open delivery system for corn which runs concurrent with their Fiscal Year (September 1, 2007 to August 31, 2008).

  • Members may opt out of delivery of corn by paying a pool fee of $0.01 per bushel.

  • Upon confirmation of sale of shares, remaining corn commitment associated with these shares this Fiscal Year (September 1, 2007 to August 31, 2008) will be assessed a pool fee of $0.01 per bushel on non-delivered committed bushels before the sale is finalized. The Buyer will have no corn obligation until the beginning of the next Fiscal Year (September 1, 2007 to August 31, 2008).

  • As a price incentive for members, GLCP has established a freight schedule for actual deliveries of share bushels as stated in the GLCP Offering Circular.

  • For more details or to request a GLCP Offering Circular that details the above items and more please contact the GLCP office at 605-882-8480 or by e-mail.

  • Related Party Transfers will be handled on an individual basis by the GLCP office.

  • For more details or to request a GLCP Offering Circular that details the above items and more, please contact the GLCP office at 605-882-8480 or email kathy@glaciallakesenergy.com.