Re: Golden Pacific Rolling Stock
Author: Pactrail
Date: 03-03-2008 - 14:42
BB Wrote:
-------------------------------------------------------
> > FYI. I have no current interest or ownership in
> > GPRR or its operation. I am a creditor like a
> lot
> > of other people. GPRR IS NOT my operation.
>
> OK, so if you're not GPRR and Tom Payne isn't GPRR
> then who does own GPRR? Do they even exist any
> more?
The current stockholders as of the time I resigned and sold my interest (stock) were/are
Chuck Allard 35% - foreclosed on a 1.2M loan to Tom Payne with 2100 and Tom's stock as security - Allard now ownes 52.5%
Tom Payne 17.5% - forcloced by Chuck Allard - Tom held/holds a director position - no ownership
Lou Schillinger 17.5% - current President
Dan Behr 10% - current V. President
Treasury 20% - my former ownership sold back to the company - may have been sold to someone else
GPRR does/did own rolling stock, locomotives and property
Creditors now hold leins on all of the cars, some of the locomotives and property
I have the F40PH (418) listed on Ozark Mountain for sale
Mike