Connection between Fagen and Platinum

Fagen Inc and Platinum Ethanol LLC have begun litigation against GreenShift for breach of contract?  and it was covered in this recent blog.  It appears to me that they installed a patented GreenShift COES without a signed contract and then when they went to get one after the fact, they had some trouble.  They decided to sue before getting sued - implying the COES contract was implied.  At least this scenario fits the facts I now have.  Here is the present schedule although I have not found the original complaint.

The most interesting thing I have found is the relationship between Fagen Inc and Platinum Ethanol.

Ron Fagen, is the majority owner of Platinum Ethanol.  Mr. and Mrs. Fagen serve on the Board of Directors of Platinum Ethanol.  Mr. Fagen’s is President and CEO of Fagen, Inc., and Mrs. Fagen’s present principal occupation is Director of Human Resources of Fagen, Inc.  Mr. Fagen and Mrs. Fagen are the only persons controlling Project Viking, LLC.  They and/or Project Viking LLC own or have owned significant interests in at least the the following Plants:
HERON LAKE BIOENERGY, LLC  
Granite Falls Energy, LLC
Golden Grain Energy, LLC
US BioEnergy Corporation
EAST KANSAS AGRI ENERGY LLC

Here is a picture of Platinum's Board of Directors.  Mr. and Mrs Fagen are circled in the back row.

Mr. Bowdish is the General Manager of Platinum Ethanol and is in the first row inside the circle. 
From June 2007 to November 2008, Mr. Bowdish was a member of the project development team at Fagen, Inc., Mr. Bowdish previously served on the Board of Platinum Ethanol, LLC in Arthur, IA, from October 2008 to December 2008, before he was appointed its General Manager. Since 2008, he has served as the General Manager of Platinum Ethanol, LLC where he is the sole manager of Platinum’s commodity margin and its risk management strategy.

Jennifer Johnson is standing to the right of Mr. Fagen.  This article lists a Jennifer Johnson as the CFO of Fagen Inc.

Matt Sederstrom is kneeling outside the circle, in the front row of the picture.  There is also a Matt Sederstrom serving as the V.P. Marketing and Project Development at Fagen, Inc.

Chad Core is not in the picture but is listed as a member of the Platinum Ethanol Board of Directors.  This article identifies Chad Core, "a long-time employee of Fagen Inc".  It appears he moved to Hungary to head up the new office for Fagen Inc and was not available for the picture.

Becky Dahl is listed as "Executive Assistant to the Board" and a Becky Dahl is also listed as Administrative Assistant at Fagen Inc HERE.

Dave Reinhart is standing to the far right, back row in the picture of Platinum Directors.  A Dave Reinhart is also listed as being a Fagen Inc. appointed Director at Corn, LP HERE

So what, SkunK???

So the Platinum Ethanol Board of Directors might as well meet in the Fagen company cafeteria.  Just thought you would find that interesting.

SkunK

These Ethanol Plants are listed as Fagen Projects