SOURCE: Las Vegas Railway Express, Inc.
LAS VEGAS, NV--(Marketwired - May 20, 2014) - Las Vegas Railway Express, Inc. ("X" Train), a Delaware company (OTCQB: XTRN), announced today that it is moving two of its Club X Cars into service on the Santa Fe Southern Railway, with whom the Company has recently reached an agreement. The Club X cars will be joining the existing rolling stock at the Santa Fe Southern Railway creating a unique and exciting excursion along the historic 18 mile line to Lamy, New Mexico.
"X" Train Chairman & CEO Michael A. Barron said, "We continue to acquire sets of railcars and are expecting to begin renovation work later this year. Our growing inventory of rail cars is on track as we create more of these unique opportunities with other railways."
About X Train Holdings
The company X Train Holdings has developed a robust infrastructure including a call center, travel agency, logistics planning department, food and beverage and unique passenger rail cars for the purpose of acquiring or affiliating privately owned passenger rail companies. 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 Holdings 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.
Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs, and estimates as to projected market size are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent of obligation to update these forward-looking statements.