United Rail Inc. (URAL)

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Its probably for the best.. we have an alternative for off balance sheet financing for this route which eliminates the need for the Company to dilute its shareholders by $100 million," stated Michael Barron, President and CEO of the Company. "As a result of this alternative financing plan, we no longer needed to retain the Union Pacific agreement which required the Company to make prepaid capital improvement payments of $66 million," Barron said. The alternative financing plan would still finance the LA to Las Vegas route as planned.