• Boston Surface Railroad: Worcester-Providence Commuter Rail

  • Pertaining to all railroading subjects, past and present, in New England
Pertaining to all railroading subjects, past and present, in New England

Moderators: MEC407, NHN503

  • 617 posts
  • 1
  • 31
  • 32
  • 33
  • 34
  • 35
  • 42
  by MEC407
 
If the allegations in the lawsuit are true, it sounds like what we're dealing with here is a foamer who is trying to "play trains" at a bigger scale. I mean, come on... living in the station and not paying rent? Seriously?

It's easy to play games when you're playing with other people's money.
  by MaineCoonCat
 
Well, ya know... I think you might be on to something there.
  by Backshophoss
 
This sewage pond of a RR is getting DEEPER and smelling like a ripe dead body,.
IN a few months there will be a government auction of the FL-9's. :( :( :(
  by DutchRailnut
 
what FL-9's they only bought one.
  by DutchRailnut
 
Purchase what ?? from a scammer who is technically out of business ?? and by selling bonds commiting a crime ?
  by MaineCoonCat
 
Hmmmmm...
mass securities law.PNG
You do not have the required permissions to view the files attached to this post.
  by BandA
 
The Secretary of the Commonwealth regulates corporations & securities in MA. They might not be aware of any unregistered securities allegedly being sold, despite the website and newspaper article(s). Also, NH regulator may not be aware of the MA de-incorporation, which requires an explanation at least. Paypal and the credit-card associations may also be on the hook for any transactions they process.
  by BandA
 
Just occurred to me, anything BSRR accomplished, like municipal agreements with Lowell, Woonsocket, Nashua, station agreements with Worcester and Woonsocket, agreements implied but never confirmed with Siemens, P&W, Amtrak, even their auction win on the locomotive that they didn't pick up were probably done in the name of BSRR which was dis-incorporated. So a successor company probably can't come in and take over the existing agreements and would have to start over at square one.
  by MaineCoonCat
 
BandA wrote: Thu Aug 29, 2019 11:08 pm The Secretary of the Commonwealth regulates corporations & securities in MA. They might not be aware of any unregistered securities allegedly being sold, despite the website and newspaper article(s). Also, NH regulator may not be aware of the MA de-incorporation, which requires an explanation at least. Paypal and the credit-card associations may also be on the hook for any transactions they process.
I was kinda' thinking the same thing.. Wonder if they are aware..
  • 1
  • 31
  • 32
  • 33
  • 34
  • 35
  • 42