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I know the shell was for sale; something is probably in the works.
Is this shell being advertised to the public? Or you think he already has a buyer in mind?
For him to promptly clean it the way he did, I am thinking something is in the works already?
Plans were announced to be up and running from LA to LV last summer. They sure could have announced some update in that regard.
What is there to announce if the shell hasn't been purchased? This is a simple merger play; there usually isn't a whole lot of noise before the big announcement.
If this company was on the up and up, surely they would be communicating unless they are either up to no good or working behind the scenes for their benefit at shareholders expense.
We all know you're loading at these levels.
I've been on the mark thus far, no? Trust me.
The imaginary one.
What merger would that be?
People are going to regret waiting on the sidelines when the merger hits.
You'd be wise to load at these levels.
Huggy Bear is right; sell us all your shares at .0007!
Just another con game with that stunt.
Does anyone know what happened to the acquisition of the North Creek Railroad in upstate NY?
There's a clean shell.
https://www.google.com/amp/s/www.publicwire.com/las-vegas-railway-express-inc-announces-its-acquisition-of-united-rail-and-the-rms-rail-management-services-system/amp/
LAS VEGAS, NV, Jan. 25, 2018 (GLOBE NEWSWIRE) — The Las Vegas Railway Express, Inc. (OTCPK: XTRN), owner of the X Train brand and brand licensor, today announced the acquisition of United Rail, a private company and owner of the Rail Management Services (RMS) short line management package. RMS is an integrated management services bundle which allows short line companies in both freight and passenger excursion businesses to contract for services such as marketing and sales, accounting, logistics, compliance and other functions by outsourcing these expensive functions for a fraction of current costs. RMS will become the primary business of XTRN as it now will seek to have short line companies use RMS for their business management backbone. Affiliate short lines using RMS will only pay for the services they use and those seasonal businesses in the passenger rail business won’t need to carry expensive staff costs when not running.
If URAL inc. formerly XTRN has already purchased United Rail, the private company. How can they in turn purchase URAL inc. projects when URAL inc. already owns United Rail, the private company.
Someone please shed a light
Yes, this is a possibility.
Looks good, but....apart from your ibox update....some things don't add up to what is unfolding here.
Over $1 million of debt and expense was transferred. Barron will not get that much for selling this shell.
I have seen postings of clean shells for sale in the $340k - $450k with Authorized Shares of 500 million and less.
This ticker has 5 billion A/S with 3.xB Outstanding.
So, he will get a couple hundred $K but still holding over $1M in his private company.
I wonder if it will be transferred over to LVXI and bleed out there?
How does it look?
Hopefully it will have a new life without Barron's involvement. He has done nothing positive for investors.
I will update the iBox shortly with the relevant information.
URAL will have a new life.
There is a private company called United Rails...owned by Barron.
United Rails "Inc." is this public company....also owned by Barron.
The "inc" differentiates the 2 companies. They are in fact 2 separate companies (same owner) registered in the state of Nevada.
The Company entered into a share exchange agreement with United Rail, a Nevada corporation on January 25, 2018 to acquire 100% of the capital stock of United Rail.
The Company has acquired the Las Vegas Xpress, Inc. and assumed the operations of the X Train and the current X Wine Railroad
Does this make sense from the financials? How can united rails acquire United rails? Unless they created a private corporation with the same name that acquired all the shares of United rails inc the public company. Looks like you were right, they are leaving it a shell and selling it.
I'm not sure to be honest.
What happens to the Xtrain and his other shell lvxi I wonder? Maybe Amtrak buys out the Xtrain?
As you can see in the filing, all of URAL's debt has been transferred to a private company, making this arrangement very beneficial to shareholders.
We now have a exceptionally clean shell, and I happen to know the shell will be put to use.
And it appears LVXI is for sale, http://vegasxtrain.com/?reqp=1&reqr=nzcdYaOuo3NhpTW6
Correct me if I wrong but that usually is not in shareholders best interests?
Is Barron going private? Sounds like it?
n December 15, 2019, United Rail, a Nevada private corporation, acquired rail projects from United Rail, Inc. The consideration for this acquisition was assuming liabilities associated with the projects: convertible notes of $781,259, accounts payable of $133,660, accrued expenses of $159,826, accrued interest of $227,041 and accrued payroll of $368,790. Based on that the balance sheet as of December 15, 2015, has been adjusted as reported in this supplemental statement on 12/18/2019, to reflect the acquisition
https://backend.otcmarkets.com/otcapi/company/financial-report/237314/content
Jive turkey Huggy Bear was the first sign this stock would head north.
I've been telling you cats for a long time.
I could see that happening. This has an incestuous relationship with LVXI.
He does not need 2 symbols.
I could see this happening:
Merges all the train stuff into 1 company and a new symbol. Tries to lure suckers into the new symbol and dumps off his 2 current symbols.
I can but I shouldn't.
Can you provide any evidence for that hearsay?
I hear they're shopping the shell around; I'm waiting for it to drop before I get in.
Wow heading to 0001
When the merger finally hits this thing is going to soar.
It's all been bullshit for a decade.
I equate Barron with the BOY WHO CRIED WOLF! he has said every year for the past 10 years that the train to Vegas will roll that year. Now ten years later nobody believes him. The stock would be awesome if it happened and worth a lot of money ibut I no longer believe it.
I see we have an ask of 225!
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