Quote:
Originally Posted by rocketphish
“To move forward on a project of this size we need backup information. What’s the population? What’s the condition of the tracks? What are the agreements with the track owners? There’s a whole lot of things that need to be in place,” Ali said.
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After the venture capitalists do their due diligence, I can't see them moving forward. The answers to the above questions are as follows:
Q. What’s the population?
A. Very small
Q. What’s the condition of the tracks?
A. In most cases very poor or torn up.
Q. What are the agreements with the track owners?
A. None. In fact, owner of the most crucial part (the POW Bridge) is upset with MOOSE and will likely resist making any arrangements.