New York Regional Railroad (fka NYRR)

[RonnieD]

I spoke to Mr. Cornell. He said there is no connection with Praxiis except that he happens to be Chairman of NYRR so he's using his address.
In November the assets of NYRR were spun off into the private New York New Jersey Rail LLC. There is litigation against former officers of the company, and a countersuit back at the company, however it was NYRR that initiated the suit. Mr. Cornell wouldn't speculate about future plans. We need to look at the other directors and see what they have done because some of them still own stock I believe. We have some reading to do on the SEC filings.
Looks like we should just hold and wait for things to materialize being the bottom-feeding speculators we are.