Terry H. Rust is listed as a director on 3 SEC Form D filings by 2 issuers between Dec 2011 and Feb 2013: DAKOTA PLAINS HOLDINGS, INC. (Wayzata, MN — oil and gas — 2012–2013; $33.6M reported sold to 44 investors) and Dakota Plains, Inc. (Wayzata, MN — oil and gas — 2011; $2M reported sold to 27 investors).
What this means 2 separate companies raised money with this person listed as director, over about 2 years. Across those companies the filings report $35.6M sold in total.
All 2 issuers belong to the sponsor group Dakota Plains (2 issuers, $2M reported sold, 2009–2013).
What this means A sponsor group is one team that sets up a new company for each deal. Dakota Plains has 2 companies on file and $2M reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA) — 2 bankruptcy cases matching the name listed in Key records below.
What this means 2 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 3 public filings for Terry H. Rust and found 3 differences: Form D filed 45 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.