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The CGR is formed and we have four companies operating in OR12 ...



Operating Round 10

Dir Lay [Rep] Base Run Pay Quote Credit Loan Trains Notes

LPS MB 8:D13:5 300 Y 150D 0 600 4 3 A B C DH
GW JW 125:F17:3 [15] 140 Y 150D 178 300 3
GT MH 125:P9:3 [14] 340 Y 150A 114 0 5 4 H
CPR JS 7:L11:2 350 Y 110E 245 500 4 4 H
CA JW 230 Y 110A 430 0 5
CV MB 6:L13:4 L13 110 Y 110A 650 0 5 E
WR JS 6:O18:3 230 Y 90F 0 300 3 3 F B G D D D H

Operating Round 11

Dir Lay [Rep] Base Run Pay Quote Credit Trains Notes

LPS [MB] 9:E14:3 360 Y 40K 0 (4 3) I
GW BP 160 Y 40K 0 (3)
GT MH 340 Y 175A 114 5 4 H
CPR BP 58:L9:6 350 Y 40K 0 (4 4)
CA JW 230 Y 125A 430 5
CV MB 59:L15:6 150 N 100A 60 5 +6 J K L M H

Notes A Dividend down $70 to pay loan interest H At Train Limit

B Forced loan redemption I Dividend down $60 to pay loan interest

C $8 from Mike B to redeem loans J $40 to Bank for a mountain or lake

D Government Loan redeemed K $700 to the Bank for a 6 Train

E $40 to the Bank for a garrison L 6 Train purchase starts Phase 5

F Dividend down $30 to pay loan interest M CGR formed from LPS, GW, CPR, WR

G $194 from John S to redeem loans

Tiles 1/1 2/0 3/2 4/3 5/2 6/0 7/5 8/12 9/5 14/3 15/3 16/1
17/1 18/1 19/1 20/1 23/3 24/3 25/1 26/1 27/1 28/1 29/1 39/1
40/1 41/3 42/3 43/2 44/1 45/2 46/2 47/2 55/1 56/1 57/3 58/1
59/1 63/3 64/1 65/1 66/0 67/1 68/1 69/1 70/1 120/1 121/2 122/0
123/1 124/1 125/0 126/0 127/0

Trains 4/3($350) 6/1($700) D/9($1,100)



Cash Flow Start OR10 OR11 End Value % Certs Max 16

Mike Bennett 41 289 273 603 1,928 23.2 8.0 - 8.0
John Webley 81 199 170 450 1,650 19.8 8.5 - 8.5
Mark Hancock 27 204 186 417 1,842 22.2 7.5 - 7.5
John Shelley 191 306 449 946 2,896 34.8 11.0 - 11.0



Portfolios BBG CA CV GT TGB THB WGB CGR

Mike Bennett *
- 1 6P - - - - 4P
John Webley
- 6P 3 - - - - 1
Mark Hancock
- - - 5P 4P - - 1
John Shelley
- 3 1 5 - - - 4

Bank New
10P - - - 6 10P 10P 4
Par

100 100 100 100

150
Bank Pool
- - - - - - - 6
Quote
125A 100A 175A 100A 150A

Credit
$430 $60 $114 $165

Loans
0 0 0 0
Trains
5 6 5 5 4
Tokens Left
2 2 1 2 1 1 1 4

Rights Held by ShareCos : CGR - Bridge, Tunnel.

The OR12 operating order is - GT, CGR, CA, CV.

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