Humboldt Eastern Railroad LLC

Overview of the Project

THE FOLLOWING IS FOR INFORMATIONAL PURPOSES ONLY AND IS SUBJECT TO REVISION AND CORRECTION WITHOUT NOTICE. PLEASE CONSULT THE HERR LLC PRIVATE PLACE­MENT MEMORANDUM, WHICH IS CONTROLLING AND WHICH IS AVAILABLE UPON REQUEST. 


Pacific Charter Financial Services Corporation, with the assistance of Humboldt Eastern Railroad LLC, is seeking to create an "American Gateway" with the construction of the Pacific Northwest Railroad rail lines, docks, and hub terminals. 


For a number of years there has been an economic decrease in Humboldt County and the adjacent areas of Northern California due to the decline in the Timber and Fishing Industries. In addition, due to a lack of rail and highways to Humboldt County, very few industrial and manufacturing shippers and their investors have been drawn to the area. 


The port of Humboldt Bay currently has little shipping activity. It is a deep water port (35-38 feet) located between San Francisco, California (258 miles south) and Coos Bay, Oregon (180 miles north). Among the docks on the West Coast, Humboldt Bay is the shortest direct route to Asia by two and one-half (2 1/2) days or five (5) days round trip. For this reason, this port has great potential. There has not been rail service to the Port for over 20 years due to destruction of the previous railway line, which followed a North-South route to Napa. There are no plans to rebuild that route. 


It is anticipated that the completion of the Pacific Northwest Railroad connection to the national rail network in the Central Valley near the towns of Red Bluff and Gerber will have some effect on population increase in Upstate California, thereby increasing the economic activity in the area. The number of residents currently living in the immediate communities and geographical areas to be served or affected by the Port, Rail and Hub Terminals is estimated at 9 to 11 million. These areas extend from the Gerber switching yards near Red Bluff and include Sacramento north to Medford, Oregon, and the Sierras west to the Pacific Coast. 


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Expected Project Benifits

We believe that the following benefits of a port and rail "land bridge" as proposed by PNR can be expected:


  1. A significant private industrial base for our area.
  2. Good, decent paying jobs which provide a living wage. 
  3. Industrial base, private sector jobs with medical benefits.
  4. Government entities experience growth in revenue from increased economic activity.
  5. Improved economy encourages investment by entrepreneurs.
  6. Significant benefits for timber owners and mill operators.
  7. Decreased cost to import and export goods.
  8. Improved air travel service.
  9. More resources to solve social issues.
  10. Hope and optimism returns to Humboldt County.

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Time line of Humboldt Eastern Railroad LLC

4/19/18-4/23/18

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4/19/18-4/23/18

PCFS and PNR's Team are in Humboldt County. 

12/17

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12/17

Private Placement Memorandum (PPM) for HERR LLC is prepared by securities lawyer Ben Fackler of San Francisco law firm of Allen-Matkins.

11/27/17 -11/30/17

Project Presented to Investors

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11/27/17 -11/30/17

Project Presented to Investors

Alan and Helen Painter, present project at two meetings at Eureka's Red Lion Inn to potential investors. They tour the Humboldt Bay Area and are especially impressed with the spacious Samoa Peninsula and its 800 acres of mostly vacant land zoned Coastal Dependent Industrial.

10/26/17

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10/26/17

Bertain tells Rob Arkley of status of efforts. Arkley informs Bertain that "Alan Painter is the real thing." 

8/17

Washington DC Meetings

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8/17

Washington DC Meetings

Alan Painter sends Ken Davlin and Port and Rail Consultant, Larry Mallon, to Washington, DC, to meet with regulatory agencies including the STB, and some legislators. They spend a week doing so and are very well received. 

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