Maptelligent Inc (MAPT)

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Looks like Barron has some competition.... but this competition actually has money...

Richard Branson is making his first move into the US rail market, 21 years after he began operating passenger trains on the UK’s west coast main line between London and Scotland. 

Sir Richard has agreed a strategic partnership with Brightline in which his Virgin Group will acquire a small minority stake in the only private intercity passenger rail service in the US, which is controlled by funds managed by Fortress Investment Group. Wes Edens, the chairman of Brightline, co-founder of Fortress and owner of Aston Villa, is also a shareholder. 

Brightline will pay a fee to Virgin to rebrand as Virgin Trains USA. The company opened its first service in Florida this year, which runs between Miami, Fort Lauderdale and West Palm Beach and has plans to expand into Orlando and Tampa. It has also announced plans to construct an intercity passenger rail system running between Las Vegas and the outskirts of Los Angeles.