SOURCE: Continental Rail Corp.

January 21, 2015 12:40 ET

Continental Rail Corporation Advances to QB Status on OTC Marketplace

FORT LAUDERDALE, FL--(Marketwired - Jan 21, 2015) - Continental Rail Corporation ("CRC") (OTCQB: CRCX), a short line and regional freight railroad holding company, today announced that it has advanced from OTCPINK status to OTCQB in the OTC Marketplace. OTCQB is the marketplace of choice for established global and growth companies that are in the venture stage, and are looking to execute their business plans immediately with a goal to ultimately graduate to a U.S. stock exchange listing.

"Continental Rail Corp's 2015 Strategic Plan requires that we keep pace on the exchange," said John Marino, Jr., CEO of Continental Rail Corporation. "This significant upgrade will increase the trading liquidity of our stock, broaden our stockholder base, and raise our profile in the investment community," added Marino.

"We view the OTCQB as the first step in moving CRCX to a listed exchange such as NASDAQ or NYSE MKT (formerly known as The American Exchange or AMEX). In meeting the marketplace and disclosure requirements laid down by FINRA and the SEC, we have completed the initial stage and are poised to grow our company," stated Timothy Hart, CFO of Continental Rail Corp.

Continental Rail Corp is in the final stage of discussions to close on a short line railroad with a high quality of assets and established historical earnings, contingent on closing the financing. By completing one or more of these acquisitions, CRC can then meet the listing requirements of the major market exchanges.

About CRC
Continental Rail Corp. ("CRC") is a freight railroad holding company based in Ft. Lauderdale, Florida. CRC optimizes shareholder value by acquiring short line and regional freight railroads and railroad rolling stock. CRC's goal is to provide its customers with reliable, safe and efficient rail service, with an intense focus on flawless customer service.

Continental Rail Corp. (OTCQB: CRCX) trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. QB companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com.

Please visit: www.continentalrailcorp.com.

Forward Looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding CRC's future prospects, projected financial results, estimated integration costs and acquisition related amortization expenses, and business plans. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are also used to identify these forward-looking statements. These statements are based on the current beliefs and expectations of CRC's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, historical information should not be considered as an indicator of future performance.

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