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Short Line Investment?
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[quote]QUOTE: <i>Originally posted by edblysard</i> <br /><br />LC, <br />Need some clarity... <br />Is the GM, CEO and CFO, along with the Super, MOW and such all a one man band? <br />I have seen a few of these, and, in my opinion, one guy can’t be all things at once...so, if it isn’t a one man show, who is the hired talent? <br /> <br />If I could "hire" you, along with mudchicken, Jay and a couple of other with a proven track record, then sure, count me in... <br /> <br />On the other hand, if we are trying to do this on the cheap.... <br /> <br />Ed <br /> <br />[/quote] <br /> <br />Ed - <br /> <br />As I said, this is only a hypothetical question. I wasn't meaning to imply a one man band. Assuming I could get the kind of investment I proposed in the hypothetical I would be glad to participate. If we actually had investors sufficient to purchase all 1,000 we would have a fund of $10,000,000 ca***o buy and run a RR. That would be quite a nice little short line and that isn't even including any borrowing. <br /> <br />Typically, in my experience, a handful of people are involved in starting a new RR (legally known as the "Promoters"). Once they have a deal, they then seek to raise the investment necessary to consummate the purchase. Typically they would have a small cadre of qualified people to initiate the startup including hiring additional necessary personnel. <br /> <br />LC <br /> <br />
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