PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 5:34 AM ET

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P

Petroalgae

One sponsor team, 2 deal companies · Melbourne, FL

Grouped because: 2 shared people, same business address (2 issuers) (automatic match from the filings) · not the same sponsor?

2deal companies
$4.55Mreported sold
11investors
2Form D filings
2009–2012active
0new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Feb 24, 2012 · Courts (RECAP) last checked: Oct 24, 2026, 2:17 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Petroalgae is a sponsor group of 2 issuers that PartnerFacts links to one sponsor (shared people, same business address; automatic match from the filings), filing 2 Form D filings between Dec 2009 and Feb 2012.

What this means One team, 2 deal companies, about 3 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.

Combined reported sold: $4.55M to 11 investors (latest filing per issuer). Industries as reported: Other Energy (2). Issuers are based in FL (2).

What this means $4.55M raised across the group, about $413K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: David Szostak (2 issuers, executive officer and promoter), John Scott (2 issuers, executive officer, director, and promoter), Gregory William Haskell (1 issuer, executive officer and director), Isaac Szpilzlnger (1 issuer, director), Justin Robinson (1 issuer, director) and 1 more.

What this means The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 0 new offerings in the last 12 months; latest filing Feb 24, 2012.

What this means No new raise filed in the past year.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — 2 court cases matching the name, 1 bankruptcy case matching the name listed in Key records below.

What this means 3 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared 2 public filings for Petroalgae and found 6 differences: Form D filed 55 days after the first sale; No amendment in the last 12 months on an offering that may still be open; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Petroalgae has not run yet — it is joining a line of 18,557 names; searches run around the clock at the hosts' allowed rate. Searched so far: 28 names.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

2 cases: 1 closed (disposition not in docket feed), 1 dismissed

Dover Glen Condominium Association v. Oakland County closed
District Court, E.D. Michigan · No. 2:22-cv-11468 · Filed Jun 29, 2022 · Closed Nov 30, 2022 · Nature of suit: 950 Constitutional - State Statute · Cause: 28:1331 Fed. Question
Role of Dover Glen Condominium Association v. Oakland County: Party · Outcome: Terminated 2022-11-30 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
company name words appear in the caption; court in MI (not the issuer's state)
In Re: Voxel Inc v. NULL dismissed
District Court, C.D. California · No. 5:00-cv-00343 · Filed Jun 1, 2000 · Closed Oct 26, 2001 · Nature of suit: 850 Securities, Commodities, Exchange
Role of Voxel Inc: Plaintiff · Outcome: Terminated 2001-10-26 — FJC Integrated Database disposition: Dismissed: settled Docket on CourtListener ↗
exact former company name; name has one distinctive word; court in CA (not the issuer's state); filed 2000, issuer incorporated 2007
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:17 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: AZ, CA, DE, TX, WA (crawled Oct 23, 2026)

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Petroalgae..

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states are not covered.

3. Bankruptcies

1 case: 1 closed (disposition not in docket feed)

Initio Fuels LLC closed
United States Bankruptcy Court, M.D. Florida · No. 6:13-bk-08879 · Filed Jul 19, 2013 · Closed May 20, 2014
Role of Initio Fuels LLC: Debtor · Outcome: Case closed 2014-05-20 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
exact company name; court in the issuer's state (FL)
What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:17 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

6 differences found between the filings for Petroalgae (compared 2 filings on Oct 24, 2026)

Note · Oct 9, 2009 – Dec 3, 2009

Form D filed 55 days after the first sale — PetroAlgae Inc.

The filing says the first sale was Oct 9, 2009. The Form D was filed Dec 3, 2009 — 55 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 40 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Form D · Dec 3, 2009 ↗PetroAlgae Inc. — PartnerFacts page ↗
Sources
Note · Feb 9, 2012 – Feb 24, 2012

No amendment in the last 12 months on an offering that may still be open — Initio Fuels LLC (latest filing Feb 24, 2012)

The latest filing for this offering is dated Feb 24, 2012 (first sale Feb 9, 2012). It reports $1,546,570 sold of an indefinite amount offered. No later amendment is in our index as of Oct 24, 2026.

What this means SEC rules expect a yearly amendment while an offering is still going. The raise may simply have ended — a Form D does not say when it closed. Ask the sponsor whether the offering closed, when, and at what amount.

Form D · Feb 24, 2012 ↗Initio Fuels LLC — PartnerFacts page ↗
Sources
Note · Dec 3, 2009 – Feb 24, 2012

John Scott is written 2 different ways on the filings

listed as "John C. Scott" on the Dec 3, 2009 filing, and "John Scott" on the Feb 24, 2012 filing.

What this means Same person, written differently — a middle name or suffix left off, or spelled another way. It is normal, but check that the full legal name matches your subscription documents.

Form D · Dec 3, 2009 ↗Form D · Feb 24, 2012 ↗John Scott — PartnerFacts page ↗
Sources
Note · Dec 3, 2009 – Feb 24, 2012

Member companies were formed in 2 different states

Florida (1), Delaware (1) — out of 2 member issuers. The odd ones out: PetroAlgae Inc. (Delaware).

What this means Sponsors often form each deal company in Delaware or Wyoming no matter where the property is. A mix is common; it just tells you which state's rules each company lives under.

Petroalgae — sponsor group page ↗PetroAlgae Inc. — PartnerFacts page ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

1 of 2 offerings reports sales commissions totalling $99,664; 0 report finder's fees; 0 report proceeds to related persons.

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Feb 24, 2012 D
Initio Fuels LLC
File 021-173939
$99,664$0$0Mackie Research USA Inc. BrokerCheck CRD 39670 ↗
via Mackie Research USA, Inc. (CRD 39670 ↗)
EDGAR ↗
Dec 3, 2009 D
PetroAlgae Inc.
File 021-92747-2L
$0$0$0
Proceeds used for working capital.
None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 2 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 23, 2026, 8:59 PM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to Petroalgae in the sources searched.

Not found in sources searched as of Oct 23, 2026, 8:59 PM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Florida DOR NAL roll (Hillsborough 39) roll year 2026 — loaded Oct 23, 2026, 8:54 PM ET; Florida DOR NAL roll (Dade 23) roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Hillsborough County FL (recorded documents from Oct 14, 2026 forward; ownership from FL DOR roll 2026); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed); Harris County TX and Dallas County TX (assessor ownership rolls only, 2026 roll; no deed, mortgage or sale records); Miami-Dade County FL (ownership from FL DOR roll only; Clerk recorded documents not covered). Recorder indexes for TX, AZ, IL and WA counties, mortgages and liens outside NYC and FL, lis pendens and foreclosure notices everywhere, Miami-Dade County FL recorded documents, Maricopa County AZ, King County WA, Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗P PetroAlgae Inc.shared people, same business addressMelbourne, FLOther Energy1$3,000,0001No minimum reported2009–2009
EDGAR ↗IF Initio Fuels LLCshared people, same business addressMELBOURNE, FLOther Energy1$1,546,57010No minimum reported2012–2012

Market context: not shown for these offerings — fewer than 30 Form D filings in the last 5 years share the offering's industry and exemption, or the exemption claimed is not Rule 506(b)/506(c). No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗Feb 24, 2012Initio Fuels LLCDOther EnergyIndefinite$1,546,570
EDGAR ↗Dec 3, 2009PetroAlgae Inc.DOther Energy$3,000,000$3,000,000

Activity: 0 new offerings in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Feb 24, 2012. Industry history, as reported on each offering's latest filing: All 2 offerings reported: Other Energy (2009–2012).

People across the group

NameRolesIssuers hereFirst → last listed
JS John ScottDirector, Promoter, Executive Officer2Dec 3, 2009 → Feb 24, 2012
DS David SzostakExecutive Officer, Promoter2Dec 3, 2009 → Feb 24, 2012
GH Gregory William HaskellExecutive Officer, Director1Feb 24, 2012 → Feb 24, 2012
JR Justin RobinsonDirector1Feb 24, 2012 → Feb 24, 2012
IS Isaac SzpilzlngerDirector1Dec 3, 2009 → Dec 3, 2009
SN Sayan NavaratnamDirector, Promoter1Dec 3, 2009 → Dec 3, 2009

Adviser registration (Form ADV)

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched Petroalgae.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for Petroalgae as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Public profiles and social

No website or social profile named in Petroalgae's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #367,547 of 374,652 in line (25 issuers searched so far). One-tap searches: Look further ↓

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Change history

No corrections have been requested for this page.

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Free. Covers the grouping itself or any record shown here. Logged with status: received → under review → fixed / confirmed with source.

Sponsor response

Add a sourced explanation next to any fact. Reviewed before publishing.

Grouping is PartnerFacts' inference from public filings (shared related persons, management entities, business address). Everything else on this page is drawn from the filings themselves. Not the same sponsor? Request a correction.

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (outside the US (as filed: MELBOURNE), FL). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Social and web

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Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗Hillsborough County FL Clerk (HOVER) ↗Miami-Dade Clerk online case search ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

Florida Secretary of State business search ↗OpenCorporates ↗