Post by Michael Dervin OCS on Jul 26, 2008 12:29:42 GMT -4
The RLR Merger Plan
OciaRail is pleased to announce that it has secured 75% of the Royal Luthorian Railway Share Holding and has now taken over the management of the company from the former Board of Directors of the Company and the Government of Luthoria, at a cost of T56,250.00
for 750 shares out the 1,000 issued share capital. OciaRail believes this acquisition of this company will add at least 15-20% onto the Net Annual Profit of OciaRail, taking into account the investment OciaRail will put into the RLR and the costs of the initial buyout of this company. The future looks bright for the OciaRail Company and its new expanded network and greater intake of commuters, in an era when public transport is more popular than ever before.
I present to you the plan OciaRail has prepared to be completed by the year 2010 and shall be called “Transport 2010”. This plan is merely to highlight the plans of the OciaRail Company for the RLR Company, and may change at whim depending on the current business and economic climate.
Without further ado, I present to you, Transport 2010:-
1. OciaRail shall operate under the name, “Royal Luthorian Railway (RLR) Ltd.” in the Royal State of Luthoria and all signage and Official Logos shall be amended to read “Royal Luthorian Railway (RLR) Ltd. - Part of the OciaRail Group”. OciaRail will notify the Registrar of Companies of this name change and the inclusion of the RLR in the OciaRail Group.
2. OciaRail will now merge the RLR Board of Directors with the current Board of Directors, in which 2 extra seats shall be added to the Board of OciaRail for directors from the RLR Company, so the RLR Company will be include in the management of OciaRail and the RLR company. Other structures of management and staff shall remain unaltered.
3. All current staff, employees and contractors of RLR will be maintained for a 6 month trial period, after this 6 month trial, the Management of OciaRail may dismiss or revoke contracts of employees and/or staff it deems to be inadequate, incompetent, resource wasting, time and money squandering or otherwise not suited to the company.
4. The company shall be withdrawn from public trading and the company reserves the right to in the future issue compulsory purchase orders to buyout the remaining 25% of the shares in the holdings of other shareholders, for a fair and apt price, at the time of the procurement of the remaining shares.
5. 1.2 Billion Tolars is to be invest in improving the RLR Rail Network, the inclusion of more routes, the building of a Commuter line around the suburbs and areas outside major cities to bring commuters into the City Centre, the building of new train stations, the purchase of new modern trains, built especially for the RLR Company and rail lines to link each island of the Royal State of Luthoria via bridges or underground tunnels. In addition, all current stations will be upgraded to meet the high standards of the modern and future rail commuters. Full details of this plan will be release in the coming weeks along with the OciaRail Investment Plan, which will also form apart of “Transport 2010”.
6. OciaRail will be rolling out the Free Travel Passes, which it has in Ocia, to the RLR company along with building a Uniform Ticket Price list, e.g. a mile travelled on the train will be the same price across the federation. In addition, special discounts and promotions will be run on a regular basis to get more people to take the train, with our competitive, low prices, which are constantly being reviewed and updated.
7. The RLR will be receiving monies from the “Safer Train Travel Trust (STTT)”, which promotes the increase of security features in all Train Station and Trains, to prevent Accidents and tackle & crackdown on Crime on the trains and in the stations. This initiative has shown huge success in Ocia, lowering the crime rates on Trains down by 69.3% on a similar period last year. Thus, this will be adopted in the RLR, to make sure our customers and staff are safe at all times.
8. A monthly review will be held on the expenditure and income of the RLR, to ensure we are not running unnecessary costs and can pass the savings onto the commuters. However, should this prove the opposite, we can quickly adjust price costs, to amend the deficit before the costs become restrictive on the company.
This is the plan for 2010 with RLR, in which we shall make it a company to be a world leader in Rail Transport and model example for other nations to follow. If we believe in ourselves, anything is possible and I believe we can achieve our goals and RLR shall become what we envision it to become.
I thank our investors for their confidence in OciaRail and you shall reek the benefits of this momentous occasion and investment.
OciaRail, Leading in Innovation!
OciaRail, Keeping Ocia on Track!
Thank You,
