United Rail Inc. (URAL)

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XTRN has been sitting dormant for over a year. The share exchange was offered but they didn't get the threshold of 60% of the XTRN stock to effect the exchange, so the exchange offer was withdrawn. Shareholders of XTRN failed to enact the exchange.

Now, a new business is being acquired into the operations of the public company in order to roll up existing short line railroads. That is now United Rail Inc. which is a dab for Las Vegas Railway Express, Inc. The company already has a revenue stream by virtue of the acquisition of United Shoreline Insurance Services.