United Rail Inc. (URAL)

[stervc]

Key XTRN .0156 Buyout Valuation to Consider...

Whenever there is a buyout of a stock, it is predicated upon the Outstanding Shares (OS) for how and who the distribution of the payout or buyout. Courtesy of crudeoil24 within the post below, the OS for XTRN is 1,188,212,990 shares as of May 23, 2017 so this is what I will use to derive a valuation through logical deduction:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131608079

There are also more key variables that must be derived for consideration. The cash amount of the Tender Offer is $20 Million. However, the PR stated that XREE is going to acquire to acquire 100% of the XTRN outstanding stock, liabilities, and assets:

http://www.marketwired.com/press-release/x-rail-entertainment-inc-otc-pink-xree-makes-tender-offer-las-vegas-railway-express-otc-pink-xtrn-2217955.htm

LAS VEGAS, NV--(Marketwired - May 23, 2017) - X Rail Entertainment, Inc. (OTC PINK: XREE) www.xrailentertainment.com, owner of the X Wine Railroad, X Train, and Club X Train membership businesses, CEO Michael Barron announced today that the company has made a tender offer to the management of Las Vegas Railway Express, Inc. to acquire 100% of the Company's outstanding stock,liabilities and assets in exchange for $20 million in cash and stock from X Rail Entertainment, Inc. ...

Per the recently file Interim Financial Report filed by XTRN on Feb 17, 2017, the
https://www.otcmarkets.com/financialReportViewer?symbol=XTRN&id=166554
Liabilities = $1,543,269
Assets = $196,027

To understand the proper math to be attributed towards the $20 Million in order to be able to derive a valuation for XTRN, we must subtract the Assets amount from the Liabilities amount then subtract that amount from the $20 Million to derive the amount that will actually be attributed towards the final amount of distribution to XTRN shareholders... observe below to see how the equation would actually look:

$196,027 Assets -$1,543,269 Liabilities = -$1,347,242

$20,000,000 -$1,347,242 = $18,652,758 Net Tender Offer

This means that after the Assets and Liabilities have been taken into consideration and accounted for, the final payout is $18,652,758 for the final amount that will be awarded to XTRN shareholders. Considering that the OS for XTRN is 1,188,212,990 shares, we can derive a buyout valuation of below:

$18,652,758 ÷ 1,188,212,990 Shares (OS) = .0156 Per Share

The Tender Offer PR above stated that... "The offer would deposit into XTRN the total of $20 million in cash and securities in exchange for 100% of the Company." ... This means that upon completion of the Tender Offer, XTRN shareholders will have placed into shareholders' accounts a certain amount of cash and a certain amount of XREE shares which last traded at $3.90 per share.

v/r
Sterling