Saturday, December 24, 2011

Shareholder: Taxi 2000 Corporation is "Moribund"

Fridley Patch - "Is Fridley Company the Future of Transit or 'Moribund'?"

Michael Andregg, a geneticist who teaches at the University of St. Thomas, was an early investor in Taxi 2000.

“I didn’t put money into it as an investment,” he said. “I put money into it as an investment into a visionary company.”

Andregg is still hopeful about the future of PRT, but since Taxi 2000’s founder, J. Edward Anderson, left in 2005 and the company’s new leadership sued him for retaining proprietary information, Andregg said he has seen minimal efforts on the part of the company to reach out to shareholders and he considers the company’s promise to be lost.

“They exist but they’re kind of moribund in Fridley,” he said. “I don’t pay any attention to Taxi 2000.”

This "moribund" company tried to get local, state and federal money for a testing facility in 2010 in Winona.

The PRT-promoting Advanced Transit Association (ATRA) has a newly revamped website that does not list Taxi 2000 as a vendor

Taxi 2000 does appear in a lesser category "testing" on another page.

Other recent posts about Taxi 2000:

Taxi 2000 Corporation Spent Nearly $80K Since 2004 Lobbying in Minnesota

Bachmann's Pal Pod Lobbyist Edwin Cain Lobbied for Shady Veterans Charity

3 Proposed PRT Projects, 6 PRT Companies and 2 PRT Lobbyists in Minnesota

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