WhereDaily News: Las Vegas Railway Express, Inc. (OTCQB: XTRN) Files Third Quarter 10-Q, Terminates UP Agreement and Posts Profit of $1.4 Million
LAS VEGAS, NV--(Marketwired - Nov 12, 2013) - The Las Vegas Railway Express, Inc. (OTCQB: XTRN), known as the X Train, a planned luxury train travel service featuring its "Club X Train" service, announced today that the Company had terminated its agreement with Union Pacific Railroad effective October 31, 2013 citing an alternative capital plan which will relieve the Company from raising $100 million from its own equity to finance the LA to Las Vegas rail route.