Friday, February 22, 2008

While design work continues on track, we have begun to develop an economic proforma. The primary need of the railroad is to transport documents between the filing cabinet and the desk. However, we are now considering that the railroad can be self-supporting with the addition of some key industries. We have some resources in cattle, dairy, and lumber. We believe these enterprises can result in a positive revenue stream that more than pays for the railroad. The existing resources include rolling stock and loading platforms for cattle and dairy operations as well as buildings that can be moved on site. We are arranging for these resources to be air lifted to the property.

Meanwhile, we have received a shipment of track. We also obtained a rail car crane and flatcar to facilitate the laying of the track. The flatcar also delivered earth moving and excavation equipment for the establishment of the road bed. We expect ground breaking early tomorrow.

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