Stoecklein stated, "It has been my pleasure to lead this company since its inception. I have enjoyed working with MTS and the team to put this company in a position where it can capitalize on its very unique opportunity. I look forward to continuing my involvement as a shareholder and supporting the team."
Pacific Imperial Railroad has been working with JL Patterson on completing the necessary engineering and construction plans to continue its work to upgrade the line. They have also been meeting with executives with significant railroad construction and operations experience.
Ernie Dahlman, CEO, stated, "Donald has worked tirelessly to put us in the position we are today. His hard work has helped create this opportunity and it is our job to realize his vision of servicing the cross border commerce and trade in the most efficient, cost effective and safest way that we can. As we transform into an operational company, hiring an experienced rail operational management team is imperative to our success."