FORT LAUDERDALE, Fla.,
March 15, 2013 /PRNewswire/
-- Monkey Rock (OTC Pink: MKRO), d.b.a. Continental Rail
Corp., today announced that it has added Transportation Management
Services ("TMS"), a short line and regional rail consulting
company, as a wholly-owned subsidiary. It also announced that
John H. Marino, Sr., founder of TMS,
and John Marino, Jr., current CEO of
TMS, will both join the Board of Directors of Continental Rail
Corp. and are expected to play key roles in advising the
company.
TMS is a Michigan based
consulting firm established in 1983 by John
H. Marino, Sr. and focuses on consulting for the short line
and rail freight transportation industry. TMS established key
development deals and successful short line railroads in
Michigan, Wisconsin, Pennsylvania and Maryland. TMS was later sold to John Marino Jr., who was instrumental in
securing contracts which eventually became the foundation of
RailAmerica. Mr. Marino, Jr. will remain as President of TMS.
As Board members, both John H. Marino,
Sr. and John Marino, Jr. will
assist in the company's efforts to acquire short line freight
railroads and rail-related businesses. With a combined total
of over seventy years of railroad industry leadership and
development, both Mr. Marino, Sr. and Mr. Marino, Jr. have
successfully acquired and grown railroad companies. TMS was
instrumental in obtaining a contract from the Baltimore and Ohio Railroad in 1985, to
acquire an 85-mile rail line in Michigan, that later became the Huron and Eastern Railway Company. The
Huron and Eastern was the
cornerstone of RailAmerica, Inc., which eventually was sold to
Genesee and Wyoming Inc. for
$1.4B in 2012. More information can
be found online at www.ContinentalRailCorp.com.
Wayne A. August, President of
Continental Rail Corp., said, "The addition of Transportation
Management Services by Continental Rail Corp. adds a valuable
resource and asset towards our goals. With both John Sr. and John
Jr., joining our Board, we add significant short line rail
experience to our organization. Continental Rail Corp. continues to
execute on its strategy goal of acquiring short line freight
railroads."
TBG Holdings, a financial and business advisory consulting firm
arranged the acquisition of TMS by Continental Rail Corp.
About TBG Holdings
TBG Holdings Corp. ("TBG") is a financial and business advisory
consulting firm that works with public and private companies to
bring a sophisticated and efficient approach to structuring their
capital while positioning their company for innovative growth. TBG
provides a full range of business services which include marketing
and sales support, financial advisory, capital formation and
accounting to their clients and portfolio companies Global Beverage
Solutions Inc., IGSM Group, Airborne Security and Protection
Services, MKRO, Continental Rail Corp. and Omni Scents.
For More Information:
Contact: Ken Ninomiya
Phone: 1.954.440.4678
Email: kninomiya@TBGHoldings.com
SOURCE TBG Holdings Corp.