x rail asset fund
TRANSCRIPT
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X Rail Asset Fund 1
A Limited partnership for the construction andownership of passenger railcars for leaseback torun on national routes
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Fund Metrics
LVRE is General Partner
Investors receive 80% of the net cash quarterlyafter operating expenses
Partnership will build 2 railcars per $1.5 million
Cash Dividends are paid Quarterly to LimitedPartners
Upon completion of construction and certificationby Amtrak, lease payments of $35,000 per monthper car begin to Partnership.
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The General Partner
The X Train is the General Partner for thepartnership www.vegasxtrain.com
We will manage all affairs of the partnership
including investor relations, accounting, K-1preparation & distribution and supervise allconstruction on the rail car assets
We are based in Las Vegas and are publiclytraded under the symbol XTRN on the OTCQB
Our auditors are BDO
http://www.vegasxtrain.com/http://www.vegasxtrain.com/ -
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The Market DemandThe passenger rail industry does not provide anupscale commuter service offering
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Passenger Ridership
GrowthAmtrak Ridership 31.2 mmRidership Growth 1997-2012 55%
Metro Ridership % 88%
10 Busiest Metro Ridership % 63% Calif./NYC
Train ridership grew by 55 percent sin ce
1997, faster than o ther majo r travel modes,and now carries over 31 mi l l ion r iders
annually, an all-t ime hig h.
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Ridership Concentration
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Route Profitability
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Club X PressRailcars are fitted out to include
comfortable seating and anonboard food service section,serving quality meals providedby Masterpiece Cuisine.Upscale business environment
for commuters
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Club Xpress Class Interior
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48 Seat Club Xpress LuxuryCar
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CarTransformation
X Train purchases existing
railcars which have come offservice and refurbishes them inits car facility.
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Refurbishment Facility
All of our railcar refurbishment
work has been done out of ourWhiteland, Ind. Shop, justsouth of Indianapolis. Our workgoing forward will becompleted in our new facilityhere in Las Vegas, Nevada
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Production
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2014 Car Production Plan
JAN 2015
Running Car Totals
Keystone Grill
Mohave
4Cars
2 Cars2 Cars
Leased cars from Mid America Railcar -3year term can deploy cars ahead of LPcar production to start routes, revenue,and market coverage
8Cars
12Cars
12Cars
16Cars
16Cars
20Cars
20Cars
8Cars
4Cars
2Cars
LP
Starts
2 CarsReleaseJan 10thMove to
Vegas/LAstart
serviceon
SurflinerFeb 2014
2 CarsStartRefurb inIndianaFeb 1,2014
LuxuryGrill
LuxuryLounge
2 CarsCompleteRefurb inIndianaFeb 1,2014
Deploy toWestCoast
Greenbrier Express, Pottstown, PA 13 Low Level Cars Conversion to Grills & LoungesCars are on hand and ready for conversion
Ahern Xtreme Manufacturing, Elwood, KS and Las Vegas, NV Gallery Car Conversions to X Club CarsGallery Cars from will be moved for conversion utilize 14 cars from X Train and additional purchases
2 Cars
8
Cars
Start
Start
FEB APR JUNMAY JUL SEPAUG OCTNOVMAR DEC
2 Cars 2 Cars 2 Cars2 Cars
2 Cars 2 Cars 8Cars
X Rail Fund 1 Partnership Railcar Production
2014
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Financial Metrics
All forecasts included in this presentation are purely forillustrative purposes and are not be be construed as a
guarantee of actual results.
FINANCIAL METRICS
Per Car Number of Cars Total Investment
Total Cash Invested $5,000,000
Acquisition Costs $100,000 $6 $600,000
Refurb Costs $750,000 $6 $4,500,000
Total Construction Cost $850,000 $5,100,000Administrative Cost $100,000
Commission 0.00% 0
Total Capital $5,200,000
Depreciation 14% $728,571
Total Investment Cash $5,200,000
Total Capital Raised $5,200,000
Net Capital (residual) $4,371,429
Depreciation Period 7 $728,571
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Operating MetricsOPERATING
METRICSCalendar Year 1 Calendar Year 2 Calendar Year 3 Calendar Year 4
Lease Revenue/Car/Month $35,000
Cars Deployed 6 6 6 6
Months deployed 8 12 12 4
Cash Balance
Lease Revenue $1,680,000 $2,520,000 $2,520,000 $840,000
Depreciation $728,571 $728,571 $728,571 $728,571
Operating Expenses
Administrative Fee $16,000 $24,000 $24,000 $8,000
Travel $16,000 $24,000 $24,000 $8,000
GP Fee 1% $19,600 $25,200 $25,200 $8,400
Car Construction Costs $5,100,000
Total Cash Outlay $5,151,600 $73,200 $73,200 $24,400
Opening Cash Balance $5,200,000
Cash Balance $1,728,400 $2,446,800 $2,446,800 $815,600
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Financial Metrics
All forecasts included in this presentation are purely forillustrative purposes and are not be be construed as a
guarantee of actual results.
Return on Investment Year 1 Year 2 Year 3 Year 4
Total Cash paid out $1,382,720 $1,957,440 $1,957,440 $652,480
Cumulative Cash Paid Out $1,382,720 $3,340,160 $5,297,600 $5,950,080
Residual Value $4,371,429 $3,642,857 $2,914,286 $2,185,714
Total LP Interest Value $5,754,149 $6,983,017 $8,211,886 $8,135,794
Cash on Cash Return-
Annualized 26.59% 37.64% 37.64% 12.55%
Cumulative Cash on Cash Return 26.59% 64.23% 101.88% 114.42%
Residual Value ROI-Annualized 84.07% 70.05% 56.04% 42.03%
Total ROI Including Residual 110.66% 134.29% 157.92% 156.46%
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How to Subscribe
Accredited Investors Only
Request subscription documents and PPM
Execute Subscription documents
Company suitability review
Wire funds to Partnership
Company executes documents & deliverscertificate of ownership in the partnership.