Flying Eagle PU Technical Corp. (fka FEPU)

[@-@]

Did you expect anything more?

[ARBITRARY & CAPRICIOUS]

Same old McKay...another deadline passed....what a joke this one is....

[zzub]

my thinking....

then the report will not come in the near time...i guess we ll see the pps tumpling

[TraderDog]

No reason not to trade a few. The pattern is fairly predictable. I still have well over my original starter position. My guess is the pigs will get slaughtered.

[TraderDog]

.12 x .20 bid moving up. Some people want in it looks like.

[TraderDog]

Well lets get this done! I see we had some volume today so far. Not much but heavy compared to the average.

[53chevy]

Hope remains. I talked to the company again today, since the presumed deadline was yesterday. McKay has still not signed, but he has also not given any indication that he will not. The company is still expecting closure, based on the inputs they have received.

[TraderDog]

Dead still...Sure would be nice to see something come to life here. A glimmer of hope.

[EvilTweety]

Hope you've been terrific 53 - still have candles lit for the other one and its divi :)

[53chevy]

They have 4 business days from agreement to file an 8K, if something breaks loose, so yes, looking for something by the end of the week, or McKay has delayed it again.

[EvilTweety]

Should be by the end of next week. McKay has until the 15th to close the deal. "

I'm lighting some prayer candles..........:)

[lefty18]

Wow, I love how thin this is. One trade and it's up 150%. Come on McKay!

[lefty18]

Nice to see the overnight ask jump to $1.01. It's a sign of where this will be trading if we get the deal (dollars!).

[53chevy]

It could very easily be SOON then. The company said they thought McKay was making some kind of deal with Reid.....until you noted it, I thought Reid was still supporting the mag train

[LGL8054]

Sen Reid of NV. is no longer backing the Mag-lev but is putting his power behind a privet Company (Fast train) but I don't think that it is SOON maybe we should merge. Any body know what is going on? REMEMBER Reid is the one to get the moneys from Congress for the Fast train system between CA. and NV.

LGL

[lefty18]

That's awesome. Come on McKay, this shell has your name on it!

[53chevy]

YW!

[EvilTweety]

TY sir........

[53chevy]

Company update (per conversation with Trip): McKay still expected to close deal

[Jitz]

SOON buying coming in.. next ask 0.28?

[TraderDog]

How soon is now?

[lefty18]

Thanks Chevy that's great news. Come on Mckay, don't let us down man. I want an early ticket to the desert express!!!

[53chevy]

Should be by the end of next week. McKay has until the 15th to close the deal.

[lefty18]

It's about time to get this puppy movin' on up.:)

[ARBITRARY & CAPRICIOUS]

Well the supposed term sheet has been in place a month or so. We only know the date Chevy heard about it not the date executed. This should either materialize in the next week or two or become another infamous McKay endeavor.

[goforthebet]

Railroads prepare for the turnaround

Despite slumping volumes, railroads say growth might not take much

By Dave Hannon -- Purchasing, 5/21/2009 11:20:00 AM

Railroad executives and industry experts are in a tricky spot these days. Amid the continuing freight demand slump, railroad executives continue to try to take an optimistic tone and prepare for the time when demand for freight will come back.

“The fundamentals of our business are very strong,” said Wick Moorman, CEO of railroad Norfolk Southern, striking a somewhat optimistic tone. “Rail's future and our potential to help solve our nation's transportation crisis are as promising today as they have ever been.”

But in the present, demand for rail continues to wane and its price advantage over trucking shrinks. The American Association of Railroads reports this week that shipments on U.S. rails are down 18.8% compared with the same period in 2008. “Unfortunately, it's hard to find much in rail traffic data in April to support the idea that the economy is starting to see green shoots--it may still just be weeds,” AAR Senior Vice President John T. Gray said in a statement. Purchasing.com/Logistics
For more logistics industry news go to Purchasing.com's Logistics Channel page at Purchasing.com/Logistics.


“Our outlook for the year, quite honestly, is it's going to be pretty tough,” said Union Pacific CEO Jim Young, speaking during a Wolfe Research conference, adding that he didn’t expect a recovery to come until 2010. But “with inventories as low as they are today, I think all we need is a little pick-up in consumer confidence," he said. "All it takes is a little bit of confidence and I think we'll see a pick-up in business here."

And when that uptick comes, UP will be ready to ride it. Currently, almost a third of its 5,000 furloughed workers are operating on a retainer, with full benefits and partial wages, at a cost to UP of $50 million a year, so they will be ready to come back when needed. Young told the Wall Street Journal that, in past demand slumps, “We just flat-out cut too far” and was caught without enough capacity to ride the recovery. “This thing could snap back pretty quickly, and in our business we don't have the luxury of telling a customer no. "

And those customers are planning for rail rate increases in 2010. A recent survey from Wolfe Research shows shippers expect to see a 1.6% average rail rate increase next year. Only 11% of those polled expect a rail rate decrease next year.

See also: Volumes are down and tensions are up on the rails

[ARBITRARY & CAPRICIOUS]

caza back in china on this go round? anyone know?

[budgetthis]

A last-minute purchase of 5,111 shares......

IT'S ALIIIIIIIVVVVVVE...........LOL.

Budget

[righty]

Yes...seemed like old news from the looks of the other poster's data.

meh.....wait and see.

[lefty18]

Thanks righty. I saw the governor of Iowa on a train yesterday heralding the high speed rail project that will connect Des Moines to Chicago. It's a great step forward for the US to finally go this route.

Let's hope SOON gets linked to the Desert Express project.

[ARBITRARY & CAPRICIOUS]

http://www.desertxpress.com/media/dxPressRelease.pdf

[53chevy]

Righty, that was a great find with the article, and that helps prove the point that McKay may be back in the driver's sweat, and the bullet train is gaining momo.....perhaps the stock price will as well.........

[righty]

.04 x .10 is about the only inside information that matters right now

[righty]

Slowly but surely.....EIS completed.

[righty]

The Federal Railroad Administration has signed off on a Draft Environmental Impact Statement filed by DesertXpress Enterprises, developers of the privately funded project, and construction could begin as early as next year.

http://www.sbsun.com/news/ci_12333535

[righty]

Heads up gentlemen

"Fast train to Sin City
John Weeks, Staff Writer
Posted: 05/09/2009 03:09:44 PM PDT


Sometimes progress is slow, but sometimes it is like a fast train.
A fast train is coming to the Southland, as plans proceed to build a high-speed passenger train between Victorville and Las Vegas on new, exclusive tracks that would parallel Interstate 15.

The Federal Railroad Administration has signed off on a Draft Environmental Impact Statement filed by DesertXpress Enterprises, developers of the privately funded project, and construction could begin as early as next year.

Trains would whisk passengers at speeds of up to 150 miles per hour between Southern California and Sin City. Time of travel: 1 hour and 20 minutes. (More info: desertxpress.com)

As a big fan of technology, innovation and the forward march of progress, I am very excited about this project.

As a hard-luck gambler, I'm a little terrified.

The long, slow and arduous way to Las Vegas, and back, has its advantages. I'm not sure how I feel about giving them up.

If you're like me, you load up on money when you to Vegas. It's enough of a trip, and enough of a big deal, that you feel the need to take some serious walking-around money.

It's not like the quick, easy trips to the local casinos, where you just take pocket money and, hey, if you lose it, no big deal.

No, Vegas is a travel destination, and you usually plan to stay for a day or two, or three, and you need to take proper funds.

Driving there gives you plenty of time

to think about things. During those long hours on the road, fighting traffic, stopping for gas, stopping for lunch or whatever, you can meditate and ponder and make promises to yourself. You can set limits. You can plan a managed strategy. You're only going to lose so much money, and then you're going to quit, right?
I'm afraid if we get whisked to Las Vegas in no time, and we are loaded with money, and we have had no time to think rationally about our behavior, we might make breathless, impulsive decisions. Poor decisions.

What happens in Las Vegas stays in Las Vegas, and that includes the cash that happens to come out of our wallets.

That grueling drive home from Vegas is beneficial, too. You think about what you've done, as you sit in your car for those long hours, those long miles. You do penance. You plan restitution. You make sober plans for your financial recovery.

It's almost therapeutic, after losing a lot of money in Las Vegas, to make all those stops on the drive home, where you have to pay money for things like gas, or food, or even just a newspaper, and you have to put everything on a credit card, even that newspaper, because you are wiped out of cash.

It's a time for remorse, for reflection, for resolution.

Getting whisked back from Vegas to your front door, whoosh, just like that, deprives you of that quiet time, that opportunity for introspection. You have no time to heal.

Like I said, I'm all in favor of progress. I'm excited about the fast train to Las Vegas. It will be fun to try it.

But let's also keep the highway in good shape, and well-maintained, and ready to use. Just in case."

http://www.sbsun.com/news/ci_12333535

[53chevy]

Wish I was; then I'd know the specifics of McKay's plan, and push him to close!

[lefty18]

Thanks chevy. Man, it almost sounds like you're a Sooner insider. :)

[53chevy]

From my conversation with the company.

[lefty18]

Hey Chevy, where did you read that McKay is working with Senator Reid on the bullet train project?

[goforthebet]

ok, gotcha chevy. Thanks for explication :)

[53chevy]

No; a term sheet is a limiting window under which the buyer (McKay) is obligated to close the deal. The 45-day was the company's imposition, to establish a deadline

[goforthebet]

do I get that right chevy, that the company will decide within the next 45 days IF and WHAT will happen?

[53chevy]

Company update: McKay has signed a 45-day term sheet with the company, and deal is once again built around the planned bullet train. Looks like McKay may have hooked up with Sen. Reid, and is latching on to the commerciallization aspects of the project. Company looking for McKay to close this quarter.

[goforthebet]

bid Nite 0.0406 ask UBSS 0.20
next WEDB at 0.015 next ask 0.028 Nite

[53chevy]

understood; thanks.

[goforthebet]

I am sorry chevy, I didn't see your post. Was not watching SOON and have closed alphatrade already. Will give it a look tomorrow :)

[53chevy]

What does L2 look like for SOON?

Thanks in advance for your help

[53chevy]

LOL! Guess I wasn't the only one who read the filing, and saw that McKay had returned to the table.......

[Jitz]

showing ask 0.20 now, shows how dried up the float is here. now if someone were to hit it that would be just lovely.