The Company owns outright a series of 16 bi-level passenger railcars as well as two leased cars acquired through an agreement with Mid America Leasing Company. These cars are planned for use in the deployment of cars on our LA to Vegas route. The first two cars have been completed and are in service on the Santa Fe Southern Railway Revenue increased 100% during the quarter ended September 30,2014 as the Company started its operation in Santa Fe, NM. Revenue was generated from selling train tickets and food and beverage on the train.
Interest expense decreased by 27.5%, during the quarter ended September 30, 2014
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