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Re: bar1080 post# 29960

Thursday, 07/03/2014 11:58:06 AM

Thursday, July 03, 2014 11:58:06 AM

Post# of 30927
Legal Proceedings

I have been sat watching this stock for a while, hoping Continental Rail would allow me to unload some shares.
Having read through the S1 that was filed, I picked up on the legl proceedings. After some searching on the internet, I found this link.Seems this is a lot more serious than management have let on.

court filings

Also, I have found out this week, that the motion to dismiss by the defendents has been denied. So unless a settlement is reached this is going to court, and nothing will be happening with this stock for at least a year.
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