InEnTec Inc. Files Chapter 11 Bankruptcy: Investors Who Bought InEnTec Notes or Shares Through MD Global Partners May Be Able to Recover Losses

InEnTec Inc., the Bend, Oregon-based plasma-gasification technology company (formerly known as InEnTec LLC and Integrated Environmental Technologies LLC), filed for Chapter 11 bankruptcy on September 28, 2026 in the United States Bankruptcy Court for the Eastern District of Washington (Case No. 26-01925-11). An affiliate, InEnTec Columbia Ridge LLC, participated in the same financing program. The company spent more than a decade raising money from private investors, and SEC filings show that a registered broker-dealer was paid commissions to sell those securities.

Carlson Law is investigating potential claims on behalf of investors who purchased InEnTec notes or stock through a brokerage firm or financial advisor.

What the SEC filings show

InEnTec and its affiliate filed a series of Form D notices with the SEC between 2016 and 2023 covering overlapping offerings of debt and equity securities under Rule 506(b):

Item 12 of the 2017 and 2019 filings identifies the broker-dealer that received sales compensation:

• MD Global Partners, LLC (FINRA CRD No. 140988)

The disclosed commissions — $31,500 and $30,000 on the tranches reported — are consistent with a selling commission in the range of 4.5% to 6% of the money raised through the firm.

Why this matters to InEnTec investors

InEnTec was a development-stage industrial technology company whose securities had no public market. Debt and equity in such a company are speculative, illiquid investments that can lose their entire value — exactly what a Chapter 11 filing now threatens.

Brokerage firms that sell private placements are required by FINRA rules to conduct a reasonable investigation of the issuer and the offering before recommending it to any customer (FINRA Regulatory Notice 10-22), and to have a reasonable basis to believe the investment is suitable for — and in the best interest of — each customer to whom it is recommended (FINRA Rule 2111; SEC Regulation Best Interest). Private placements sold under Rule 506 are illiquid, generally unregistered, high-risk securities that are appropriate only for a limited segment of investors. When a firm sells such an offering to a customer for whom it was unsuitable, overstates the safety of the investment, or fails to disclose its risks and the commissions involved, the firm may be liable for the customer’s losses.

Investors who were sold InEnTec securities by MD Global Partners or any other brokerage firm are entitled to ask whether the firm investigated the company’s finances and technology before recommending the investment, whether the risk of total loss was disclosed, and whether the investment was appropriate for their circumstances.

What investors in InEnTec can do now

Investors who purchased these securities through a brokerage firm may have claims that are separate from, and in addition to, whatever they may recover as creditors in the bankruptcy case. Those claims are typically brought against the brokerage firm — not the bankrupt company — in FINRA arbitration, and they do not depend on the outcome of the bankruptcy.

If you invested in InEnTec through a financial advisor or broker-dealer, we would like to hear from you. Carlson Law represents investors nationwide in FINRA arbitration and securities litigation on a contingency-fee basis, which means you pay no attorney’s fees unless we recover money for you. Consultations are free and confidential.

If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.