SiliconBeat

For those who care, we thought we’d provide an update on Planktos, the carbon-credits business formerly located in Foster City.

It’s now based in Palm Desert and has a new majority shareholder — an entity known as Maidon Services Limited bought 45 million shares of Planktos, or 53.1 percent of its outstanding stock, for $200,000, from Solar Energy. $125,000 was delivered on the deal’s closing date, with the rest payable within the next 14 months. Solar Energy maintains the option of converting the final $75,000 it owes into Planktos shares for 25 cents each.

We have posted about Planktos a few times over the last year, first in September 2007 after the company said it had secured up to $2 million in a private placement from an investor it didn’t name.

A year ago Planktos said it was considering “winding down” its operations, and in March the company said it was forced to indefinitely postpone its ocean fertilization efforts once intended to restore marine plant life and generate ecological offsets for the global carbon credit market .