Heartland Corn Products
Farmer Owned Shares
Winthrop Ethanol Plant

Farmer Owned Shares

Heartland Corn Products

(Winthrop Ethanol Plant)

Auction

Tuesday - May 18th, 2010 - 10:00 am

Tanker Bay Bar & Lanes - 102 N Carver St    Winthrop, MN

Accepting Consignments of Ethanol Shares Until Auction Time

Sold in 5000 share lots

All Privately Owned

Heartland Corn Products has been in business since 1995 starting at 15 million gallons per year and has expanded to 100 million gallons per year by 2006.  The company has a great track record with an excellent financial balance sheet.  This is a great opportunity for qualified buyers to invest in an organization with sound & experienced management team and a terrific debt to asset ratio.  The Winthrop plant has rail line access with an established customer base.  Buyers will need to be board approved upon successful bid.  Scott Blumhoefer may be contacted at Heartland Corn Products in regards to qualification guidelines, 507-647-5000.

This auction is being helf by the Alternative Trading System (ATS) known as AgStockTrade.com which is a wholly-owned company of Variable Investment Advisors, Inc. Member FINRA and SIPC.  Information contained in this advertisement does not constitute an offer to buy nor a solicitation to sell, and is recognized only as a posting by the Sellers.  The products offered (1) are not FDIC insured (2) are not deposits or other obligations of a bank or guaranteed by a bank, and (3) involve investment risks, including possible loss of principle amount invested.

Terms: No buyers premium, the buyer shall pay 10% down on the day of the auction.  Sale is subject to Heartland Corn Products bylaws and sale process will be handled in accordance.  Contact Mages Land Co & Auction Service for specifications.  Balance to be paid upon closing, within 5 days after Heartland Corn Products approval in approx 30 days.  The seller or seller's agents are not responsible for any errors in information.  Buyers are responsible to collect their own information.  Anything said the day of the auction takes precedence over written material.  Seller has the right to reject any and all bids.  Auctioneer has the right to run the sale however he feels best serves the seller.

Owners: Private Parties

For Auction Information Contact

Auctioneer: Larry Mages #72-004 Lafayette, MN

507-228-8352

Auctioneers:

Matt Mages - New Ulm

Joe Wersal - Winthrop

Joe Maidl - Lafayette

John Goelz - Franklin

Clerk: Mages Land Co & Auction Service LLC

Not Responsible for Accidents