I am not sure with your statement...
... From last quarterly report of August:
6. Nature of the business:
On January 15, 2016, the Company entered into an exclusive license agreement with X Rail Enterprises, Inc., a Nevada publicly traded company OTC:PINK:XREE whereby XREE acquired an exclusive license
to operate the X Train service on any rail route in the United States. It further was granted exclusive use of all X Train brands and intellectual property owned by the Company. In exchange for the license, the Company receives a 5% royalty on the gross revenue generated by XREE under use of the X Train operations. XREE also agreed to finance the operations of the X Train rail opportunity at its expense since the Company was in no position to raise the necessary capital to operate the business. The Company also sold to XREE as part of the consideration, a 100% interest in 12 passenger rail cars previously owned by the Company. XREE has executed a car development contract with the Company to refit and make ready the 12 passenger cars now owned by XREE in the X Train motif such that they can be deployed on the LA to Vegas route now operated by XREE. This contract employs the Company to manage the construction of each railcar for a fee. The Company is now primarily engaged in a support role to the operations of the X Train operated by X Rail Enterprises, Inc. OTCPINK:XREE. The Company’s common stock is currently quoted on the OTCPINK under the symbol “XTRN”. The company website is www.vegasxtrain.com. The Company maintains offices at 9480 South Eastern Avenue, Suite 205, Las Vegas, Nevada 89123. A. Originally incorporated in Delaware on March 9, 2007 as Corporate Outfitters, Inc. B. SIC code: 6199 C. Fiscal year end: March 31 D. Our main service is to provide a first class “Las Vegas” style travel experience at attractive fares together with a more moderate Coach Class for the economical visitor, while keeping our operating costs low and pursuing ways to make our operations more efficient. We intend to grow by adding additional trains and increasing the number of trips from Los Angeles to Las Vegas, raising our average fare over time, expanding our relationships with premier leisure companies and growing the level of ancillary services provided to our customers.
