8-K 1 a08-6916_18k.htm 8-K

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (date of earliest event reported): February 20, 2008

 

South Dakota Soybean Processors, LLC

(Exact name of Registrant as specified in its charter)

 

South Dakota

 

000-50253

 

46-042968

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

100 Caspian Ave. PO Box 500

Volga, South Dakota

 

57071

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (605) 647-9240

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 8.01   Other Events.

 

On February 20, 2008, the registrant’s Board of Managers approved a cash distribution of $3.8 million. In accordance with the registrant’s operating agreement and distribution policy, the distribution will be issued to the registrant’s members as well as to eligible persons of the registrant’s predecessor cooperative who were subject to patronage retainage through written notices of allocation. The distribution to the registrant’s members is expected to be paid and issued on or about February 28, 2008, and the distribution to eligible persons of the registrant’s predecessor cooperative is expected to be paid and issued on or about April 30, 2008.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

SOUTH DAKOTA SOYBEAN PROCESSORS, LLC

 

 

 

Dated:February 28, 2008

 

By:

/s/ Rodney Christianson

 

 

 

Rodney Christianson, Chief Executive Officer

 

 

 

 

 

 

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