Who is this mystery person? I don't think it is a minority owner, certainly none of the minority I come in contact with. They are completely sane. It sounds more like a disgruntled majority owner who regrets signing and now wants a higher RP. It is well past the 5 day cooling off period for the June 1st signatories and so no owner has the right to rescind now. I am sure no owner will sign this legally unsafe document.
Some on the FB page think it might even be an ex-owner who has recently sold up. Could someone really be that spiteful? Another clue that it is a majority owner is an equally excitable letter from a CSC member that is circulating under the radar amongst some of the majority. It is a rebuttal to the first flyer.
Whoever it is, they should know a signatory to the CSA has no recourse to the STB under any circumstance - and that includes being unhappy with the reserve price. Once you sign it is a done deal after 5 days, so it is pointless even trying.
Only a Minority owner can seek redress at the STB, that is our prerogative.
Only a Minority owner can seek redress at the STB, that is our prerogative.
I hope the CSC do not go after him/her with knives drawn because SPs under stress can do unwise things in a collective sale. Leave him/her alone, and just take whatever flyers that are to follow with a pinch of salt. At $168 a pop, there can't be many more, surely.
Agree!
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