Re: Dreamers SF-LA night train? What are you talking about on the Coastline? TRAINS!
Author: @BOB2 LOVES TRAINS
Date: 03-27-2024 - 17:05
BOB2 Wrote I LIKE TRAINS:
--------------------------------------------"I like trains, and
the benefits which an affordable efficient firstworld rail passenger rail system could provide in California..."
You too can share the wealth, rail lover!
"X Rail Entertainment, Inc. made an offer to acquire Las Vegas Railway Express, Inc. for $21.4 million.
May 22, 2017
X Rail Entertainment, Inc. (OTCPK:XREE) made an offer to acquire Las Vegas Railway Express, Inc. (OTCPK:XTRN) for $21.4 million on May 23, 2017. Shareholders of Las Vegas Railway Express will receive 5.7 million shares of X Rail Entertainment in exchange for 100% of its capital stock. Shareholders of Las Vegas Railway hold approximately 1.7 billion shares which would mean each shareholder of XTRN would receive one share of XREE common stock for approximately every 300 shares of XTRN stock they hold. The exchange of shares will be managed by Las Vegas Railway Express, Inc. The cash amount is capped at $100,000 or less to pay for legal and accounting fees associated with this transaction and to see some legal actions concluded. The closing will occur when XREE receives a total of 60% of the outstanding XTRN shares on exchange. All shares exchanged for XREE shares shall bear a 144 restrictive legend and all XTRN shareholders will be able to exchange their shares within 30 days of closing date which is May 31, 2017. In the event they opt not to exchange their shares the shareholders will remain as shareholders of XTRN with current amount of shares. XTRN will continue to trade as a public company but will be a subsidiary of X Rail Entertainment, Inc. As on May 31, 2017, the Board of Directors of Las Vegas Railway Express has voted to accept the tender offer. Maria Bailey of Success City Online acted as the public relations advisor in this transaction."
Never fear the rusty hand throw siding switches!
2009 to penny eternity! Green lights on the path to vast penny glory!
This coast proposal can get the bilevel cars from penny king shops so they can start their non-union service from Drawbridge to Glendale for $499.99 and a fruit bar/mini h20 bottle for those throngs of folks who never heard of Southwest $49/45 minute travel!
Viva le pipedream #110 ! May le press release games
commence!