Thursday, May 25, 2017 6:56:09 AM
Re: stemcell Post# 8701
This is why XTRN got the buyout offer for 20 million dollars!
Quote:
Public funding/RRIF loans/Tiger grants/other financing sources this is freaking
HUGErail line from l.a. to vegas? Only company picked for project?
LAS VEGAS, NV--(Marketwired - Apr 25, 2017) - X Rail Entertainment, Inc. ( OTC PINK : XREE ) owners of the ("X" Train) announced today that The Nevada Department of Transportation (NDOT) supports the X Train as a viable short term passenger rail project in the state of Nevada for the 0-5 year time frame. The determination was presented by the NDOT at a public meeting in Las Vegas where the NDOT made public their findings as part of the statewide Nevada State Railplan. www.nvrailplan.org. The NDOT conducted a comprehensive interview process with over 30 stakeholders such as railroad companies, Amtrak, governmental transportation agencies and private project parties. The X Train was selected as a project targeted for support by the NDOT.
NDOT support opens up access to public funding of various project types for the X Train including infrastructure improvement, RRIF loans, TIGER Grants, EDA Grants and other financing sources which could be of value to the X Train. The Company plans to pursue these opportunities.
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