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[QUOTE]Originally posted by Gilbert B Norman: [QB] No way am I prepared to come in from the cold. First, for ready reference, here is earlier discussion we have had regarding this "initiative": http://www.railforum.com/cgi-bin/ultimatebb.cgi/topic/11/7155.html Now to my pleasant surprise, I find that even though FECH is privately held, they are still required to file Series 10 reports with the SEC. Here is [URL=http://www.sec.gov/Archives/edgar/data/1519625/000110465914018713/a13-26828_110k.htm] Form 10-K [/URL] for 2013. Possibly sharper eyes than mine can find mention of AAF within that document, but I can't. To contemplate operating a passenger train service for a private party's account and requiring substantial capital investment, is a material event and should be disclosed within that document. I am quite prepared to accept that the former site of the FEC station in Downtown Miami is being redeveloped and will ostensibly include an AAF station. Simply because these parcels are being developed and the building has a provision for a passenger station does not in itself mean that passenger trains will ever use such. Likely, I'll know more first hand come late February when I plan to be in Miami. I will further accept the reports that FEC is adding track capacity through the tri-county area of SE Florida. Lest we forget that considerable public funds are being expended to add capacity to the ports in both Miami and Ft Lauderdale that are getting ready to throw a big post-PANAMAX bash. I have my skepticism on that as well - what if nobody came? Many a local media source has noted the opposition to the project - and I can wholly understand where it is coming from. Because the railroad came first, the communities were largely built around it. With some 24 additional trains a day "tearing" through town at 80mph without plans for any of them to stop could be considered only as a public nuisance. I myself have been contacted by a marina operator along the New River if I had any information beyond what I have posted at this and other Forums to which of course my answer had to be negative. While I must admit I am at a loss to know "what they're up to" (I am backing away from my earlier thought they are "fattening up the livestock" to sell the railroad to a public agency), it simply is something other than to operate intercity passenger trains for their own account. [/QB][/QUOTE]
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