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PipeDreamstar's SF-LA night train signs 'collaboration' (LOL) w/ UP
Author: Here we go again..
Date: 03-27-2024 - 09:43
First:
"Dreamstar’s press release announcing the MOU" -
A Memorandum of Understanding cannot be enforceable in the court of law and only describes the terms of an arrangement between the two or more parties forming a bilateral or multilateral agreement..aka just talking.
Don't get too excited!
Second:
Did everyone miss this part !? - "Dreamstar plans to use remanufactured bi-level cars"
Did the dead pink sheet terror from Las Vegas come back from the grave!?
Here is the recap highlights of the XTRAIN penny stock (pink aheet) sham---
"In November 2013, the company said that, due to an undisclosed "off balance sheet financing" agreement, it had terminated its operating agreement with Union Pacific, which would have required XTRAIN to have paid UP $66 million for track improvements before the UP would allow passenger service on its track"
"XTRAIN expects to procure and refurbish Bombardier multi-level commuter cars"-Recondition the 12 cars in Florida it was said!
LOL!
"According to X-Train President & CEO Michael Barron, work is to start in early 2013 on refurbishing 16 gallery cars, which have already been acquired. These are to be fitted with reclining seats and large-screen televisions, as well as bar facilities and a entertainment car"
LOL!
Then:
"Since July, the company has announced new executive appointments and the purchase of 10 railcars from an unspecified source at an unlisted price."
LOL!
Then:
"On Sept. 18, the company said it had raised $2.3 million through stock sales that began in May. This is still a small fraction of the $35 million the company has said it needs to launch the X Train, but the news caught the eye of penny stock investors. The company's shares suddenly jumped to 21 cents each in early August, after staying below 10 cents for most of a year. On Friday, the stock was 16 cents a share, a price it has hovered near for the past two months"
LOL!
More here: 14 years ago of bilevel penny stock fluff!
"Dreamstar’s press release announcing the MOU" -
A Memorandum of Understanding cannot be enforceable in the court of law and only describes the terms of an arrangement between the two or more parties forming a bilateral or multilateral agreement..aka just talking.
Don't get too excited!
Second:
Did everyone miss this part !? - "Dreamstar plans to use remanufactured bi-level cars"
Did the dead pink sheet terror from Las Vegas come back from the grave!?
Here is the recap highlights of the XTRAIN penny stock (pink aheet) sham---
"In November 2013, the company said that, due to an undisclosed "off balance sheet financing" agreement, it had terminated its operating agreement with Union Pacific, which would have required XTRAIN to have paid UP $66 million for track improvements before the UP would allow passenger service on its track"
"XTRAIN expects to procure and refurbish Bombardier multi-level commuter cars"-Recondition the 12 cars in Florida it was said!
LOL!
"According to X-Train President & CEO Michael Barron, work is to start in early 2013 on refurbishing 16 gallery cars, which have already been acquired. These are to be fitted with reclining seats and large-screen televisions, as well as bar facilities and a entertainment car"
LOL!
Then:
"Since July, the company has announced new executive appointments and the purchase of 10 railcars from an unspecified source at an unlisted price."
LOL!
Then:
"On Sept. 18, the company said it had raised $2.3 million through stock sales that began in May. This is still a small fraction of the $35 million the company has said it needs to launch the X Train, but the news caught the eye of penny stock investors. The company's shares suddenly jumped to 21 cents each in early August, after staying below 10 cents for most of a year. On Friday, the stock was 16 cents a share, a price it has hovered near for the past two months"
LOL!
More here: 14 years ago of bilevel penny stock fluff!
