X Train Holdings (OTCQB: XTRN) -- in Negotiations to Acquire Four Private Rail Operators
March 06 2014 - 12:31PM
Marketwired
X Train Holdings (OTCQB: XTRN) -- in Negotiations to Acquire Four
Private Rail Operators
LAS VEGAS, NV--(Marketwired - Mar 6, 2014) - X Train Holdings
(OTCQB: XTRN), known as the X Train, a luxury train travel service
featuring its "Club X" service, announced today that the Company
has opened negotiations with four privately owned existing
passenger rail services to acquire these companies. The subject
companies are not disclosed at this time due to a non-disclosure
agreement by both parties.
"We feel confident that these negotiations will result in
consummating acquisitions and the operations of these independent
operators will come under the umbrella of services offered by the X
Train Holdings company," stated Michael Barron, Chairman and CEO of
publicly traded X Train Holdings (OTCQB: XTRN). "We can provide a
path to liquidity for those owners who wish to sell their
enterprise as an exit strategy as is the case with these current
candidates. We invite companies to speak with us if interested in
receiving a fair price or affiliation with our company."
X Train Holdings provides capital access for infrastructure
growth, asset deployment, marketing reach via its call center and
logistics and operations management, all designed to lower costs
and improve margins to the rail operator. Affiliates pay a fee only
on the incremental cost and bottom line net increase and sellers
can receive cash for their business. The Company is actively
seeking such opportunities and currently represents 20 independent
passenger rail companies. Interested parties should contact Brian
Harrington at 702-401-2160 or email
at bharrington@xtraincorp.com
About X Train Holdings The company Las Vegas Railway Express,
Inc. DBA X Train Holdings Corp., has developed a robust
infrastructure of call center, travel agency, logistics planning
management, food & beverage and unique passenger rail cars of
the purpose of acquiring or affiliating privately owned passenger
rail companies under the X Train Holdings umbrella. Independently
owned and operated passenger rail companies can enlist the services
of X Train to grow market share, improve operating margins by
consolidating costs, and providing access to capital for asset
purchase, repair and improvement. X Train is a publicly traded
company under the OTCQB: XTRN symbol. It is a fully reporting
company and its auditors are BDO and its securities lawyers are
Sichenzia Ross of New York. By consolidating either acquired
companies and/or affiliated companies, X Train Holdings can create
economies of scale for its array of member companies. This is much
more difficult for small privately held companies where the
principals frequently must guarantee personally capital purchases
or loans. X Train Holdings relieves that burden and provides a path
to liquidity should owners wish to sell.
X Train Holdings has a superior board of directors from both the
rail industry and Wall Street capital markets. For more
information, please visit the Company website at
http://www.vegasxtrain.com.
Contact: Success City Online Ms. Maria Bailey
Maria@successcityonline.com (702) 271-0591
Contacts: Las Vegas Railway Express, Inc. Broker & Investor
Inquiries Worldwide Financial Marketing, Inc. USA Communications
& Investor Relations www.wwfinancial.com O (954) 360-9998/ F
(954) 360-9881
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