From The Palm Beach Post
Jeff Ostrowski reports on the aftermath of Virgin putting off its IPO to raise money for the second leg of the high-speed 
passenger rail from West Palm Beach to Orlando.
Financial experts are questioning how long the private rail can continue to run with its ridership not as high as expected.
“With a cash flow of negative $6.8 million per month, the money-losing parent of the Brightline train service must look outside passenger revenue for a financial lifeline, said Ozgur Ince, a finance professor at the University of South Carolina.”
Richard Rampell, a Palm Beach CPA and former board member of the RailAmerica freight line, also sees financial trouble down the track.
“At this rate, they could last maybe a year,” Rampell said. “Then they’re going to be in big trouble unless they can get some more capital.”
Read the article HERE